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AVIAT NETWORKS, INC.（AVNW）与牛津地产（IIPR）财务数据对比。点击上方公司名可切换其他公司
AVIAT NETWORKS, INC.的季度营收约是牛津地产的1.7倍（$111.5M vs $66.7M），牛津地产净利率更高（47.8% vs 5.1%，领先42.6%），AVIAT NETWORKS, INC.同比增速更快（-5.7% vs -13.1%），过去两年AVIAT NETWORKS, INC.的营收复合增速更高（0.3% vs -6.0%）
Aviat Networks是全球领先的微波传输与回传解决方案供应商，为公共及私营通信运营商提供通信基础设施支撑，同时也面向企业客户提供相关产品与服务，助力客户构建稳定高效的通信网络。
牛津地产是一家加拿大跨国企业，业务涵盖房地产投资、开发与物业管理。其投资组合包含写字楼、零售、工业、多户住宅、生命科学及酒店类资产。该公司1960年以私营企业形式创立，自2003年起成为安大略省市政雇员退休系统（OMERS）的全资子公司，总部设于多伦多，在纽约、伦敦、澳大利亚、新加坡及卢森堡均设有区域总部。
AVNW vs IIPR — 直观对比
营收规模更大
AVNW
是对方的1.7倍
$66.7M
营收增速更快
AVNW
高出7.5%
-13.1%
净利率更高
IIPR
高出42.6%
5.1%
两年增速更快
AVNW
近两年复合增速
-6.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $66.7M |
| 净利润 | $5.7M | $31.8M |
| 毛利率 | 32.4% | — |
| 营业利润率 | 6.5% | 47.8% |
| 净利率 | 5.1% | 47.8% |
| 营收同比 | -5.7% | -13.1% |
| 净利润同比 | 27.2% | -20.4% |
| 每股收益（稀释后） | $0.44 | $1.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AVNWIIPR
| Q4 25 | $111.5M | $66.7M | ||
| Q3 25 | $107.3M | $64.7M | ||
| Q2 25 | $115.3M | $62.9M | ||
| Q1 25 | $112.6M | $71.7M | ||
| Q4 24 | $118.2M | $76.7M | ||
| Q3 24 | $88.4M | $76.5M | ||
| Q2 24 | $116.7M | $79.8M | ||
| Q1 24 | $110.8M | $75.5M |
净利润AVNWIIPR
| Q4 25 | $5.7M | $31.8M | ||
| Q3 25 | $162.0K | $29.3M | ||
| Q2 25 | $5.2M | $26.0M | ||
| Q1 25 | $3.5M | $31.1M | ||
| Q4 24 | $4.5M | $40.0M | ||
| Q3 24 | $-11.9M | $40.2M | ||
| Q2 24 | $1.5M | $42.0M | ||
| Q1 24 | $3.9M | $39.4M |
毛利率AVNWIIPR
| Q4 25 | 32.4% | — | ||
| Q3 25 | 33.2% | — | ||
| Q2 25 | 34.2% | — | ||
| Q1 25 | 34.9% | — | ||
| Q4 24 | 34.6% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 35.3% | — | ||
| Q1 24 | 32.5% | — |
营业利润率AVNWIIPR
| Q4 25 | 6.5% | 47.8% | ||
| Q3 25 | 4.8% | 45.5% | ||
| Q2 25 | 7.7% | 45.9% | ||
| Q1 25 | 8.3% | 47.4% | ||
| Q4 24 | 6.7% | 54.7% | ||
| Q3 24 | -17.6% | 54.8% | ||
| Q2 24 | 4.7% | 53.1% | ||
| Q1 24 | 5.1% | 55.7% |
净利率AVNWIIPR
| Q4 25 | 5.1% | 47.8% | ||
| Q3 25 | 0.2% | 45.3% | ||
| Q2 25 | 4.5% | 41.4% | ||
| Q1 25 | 3.1% | 43.3% | ||
| Q4 24 | 3.8% | 52.2% | ||
| Q3 24 | -13.4% | 52.6% | ||
| Q2 24 | 1.3% | 52.6% | ||
| Q1 24 | 3.5% | 52.3% |
每股收益（稀释后）AVNWIIPR
| Q4 25 | $0.44 | $1.07 | ||
| Q3 25 | $0.01 | $0.97 | ||
| Q2 25 | $0.42 | $0.86 | ||
| Q1 25 | $0.27 | $1.03 | ||
| Q4 24 | $0.35 | $1.35 | ||
| Q3 24 | $-0.94 | $1.37 | ||
| Q2 24 | $0.11 | $1.44 | ||
| Q1 24 | $0.30 | $1.36 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $86.5M | $47.6M |
| 总债务越低越好 | $105.4M | $393.7M |
| 股东权益账面价值 | $271.6M | $1.8B |
| 总资产 | $659.4M | $2.4B |
| 负债/权益比越低杠杆越低 | 0.39× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资AVNWIIPR
| Q4 25 | $86.5M | $47.6M | ||
| Q3 25 | $64.8M | $41.9M | ||
| Q2 25 | $59.7M | $104.9M | ||
| Q1 25 | $49.4M | $133.3M | ||
| Q4 24 | $52.6M | $151.2M | ||
| Q3 24 | $51.0M | $172.4M | ||
| Q2 24 | $64.6M | $160.9M | ||
| Q1 24 | $59.2M | $173.5M |
总债务AVNWIIPR
| Q4 25 | $105.4M | $393.7M | ||
| Q3 25 | $106.5M | — | ||
| Q2 25 | $87.6M | — | ||
| Q1 25 | $73.9M | — | ||
| Q4 24 | $74.9M | — | ||
| Q3 24 | $83.4M | — | ||
| Q2 24 | $48.4M | — | ||
| Q1 24 | $48.9M | — |
股东权益AVNWIIPR
| Q4 25 | $271.6M | $1.8B | ||
| Q3 25 | $263.6M | $1.9B | ||
| Q2 25 | $263.2M | $1.9B | ||
| Q1 25 | $256.1M | $1.9B | ||
| Q4 24 | $249.6M | $1.9B | ||
| Q3 24 | $247.1M | $1.9B | ||
| Q2 24 | $255.9M | $1.9B | ||
| Q1 24 | $256.0M | $2.0B |
总资产AVNWIIPR
| Q4 25 | $659.4M | $2.4B | ||
| Q3 25 | $643.3M | $2.3B | ||
| Q2 25 | $633.3M | $2.3B | ||
| Q1 25 | $628.3M | $2.4B | ||
| Q4 24 | $594.1M | $2.4B | ||
| Q3 24 | $590.9M | $2.4B | ||
| Q2 24 | $535.2M | $2.4B | ||
| Q1 24 | $490.3M | $2.4B |
负债/权益比AVNWIIPR
| Q4 25 | 0.39× | 0.21× | ||
| Q3 25 | 0.40× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.30× | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | 0.19× | — | ||
| Q1 24 | 0.19× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $23.9M | $198.2M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | — |
| 自由现金流率自由现金流/营收 | 20.2% | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | 4.18× | 6.22× |
| 过去12个月自由现金流最近4个季度 | $16.1M | — |
8季度趋势，按日历期对齐
经营现金流AVNWIIPR
| Q4 25 | $23.9M | $198.2M | ||
| Q3 25 | $-11.7M | $45.6M | ||
| Q2 25 | $10.5M | $48.4M | ||
| Q1 25 | $1.6M | $54.2M | ||
| Q4 24 | $20.8M | $258.4M | ||
| Q3 24 | $-27.2M | $64.9M | ||
| Q2 24 | $8.3M | $64.2M | ||
| Q1 24 | $15.3M | $71.6M |
自由现金流AVNWIIPR
| Q4 25 | $22.5M | — | ||
| Q3 25 | $-13.5M | — | ||
| Q2 25 | $8.2M | — | ||
| Q1 25 | $-1.2M | — | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | $-32.6M | — | ||
| Q2 24 | $7.5M | — | ||
| Q1 24 | $14.8M | — |
自由现金流率AVNWIIPR
| Q4 25 | 20.2% | — | ||
| Q3 25 | -12.6% | — | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | -1.0% | — | ||
| Q4 24 | 15.5% | — | ||
| Q3 24 | -36.8% | — | ||
| Q2 24 | 6.4% | — | ||
| Q1 24 | 13.4% | — |
资本支出强度AVNWIIPR
| Q4 25 | 1.3% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 6.1% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.4% | — |
现金转化率AVNWIIPR
| Q4 25 | 4.18× | 6.22× | ||
| Q3 25 | -72.48× | 1.56× | ||
| Q2 25 | 2.02× | 1.86× | ||
| Q1 25 | 0.46× | 1.75× | ||
| Q4 24 | 4.62× | 6.46× | ||
| Q3 24 | — | 1.61× | ||
| Q2 24 | 5.37× | 1.53× | ||
| Q1 24 | 3.96× | 1.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AVNW
| Products | $81.2M | 73% |
| Services | $30.3M | 27% |
IIPR
暂无分部数据
