vs
AVIAT NETWORKS, INC.（AVNW）与Planet Labs PBC（PL）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Planet Labs PBC的1.4倍（$111.5M vs $81.3M）。AVIAT NETWORKS, INC.净利率更高（5.1% vs -72.8%，领先78.0%）。Planet Labs PBC同比增速更快（32.6% vs -5.7%）。AVIAT NETWORKS, INC.自由现金流更多（$22.5M vs $1.9M）。过去两年Planet Labs PBC的营收复合增速更高（17.5% vs 0.3%）
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。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
AVNW vs PL — 直观对比
营收规模更大
AVNW
是对方的1.4倍
$81.3M
营收增速更快
PL
高出38.3%
-5.7%
净利率更高
AVNW
高出78.0%
-72.8%
自由现金流更多
AVNW
多$20.6M
$1.9M
两年增速更快
PL
近两年复合增速
0.3%
损益表 — Q2 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $81.3M |
| 净利润 | $5.7M | $-59.2M |
| 毛利率 | 32.4% | 57.3% |
| 营业利润率 | 6.5% | -22.6% |
| 净利率 | 5.1% | -72.8% |
| 营收同比 | -5.7% | 32.6% |
| 净利润同比 | 27.2% | -194.7% |
| 每股收益（稀释后） | $0.44 | $-0.19 |
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AVNWPL
| Q4 25 | $111.5M | $81.3M | ||
| Q3 25 | $107.3M | $73.4M | ||
| Q2 25 | $115.3M | $66.3M | ||
| Q1 25 | $112.6M | $61.6M | ||
| Q4 24 | $118.2M | $61.3M | ||
| Q3 24 | $88.4M | $61.1M | ||
| Q2 24 | $116.7M | $60.4M | ||
| Q1 24 | $110.8M | $58.9M |
净利润AVNWPL
| Q4 25 | $5.7M | $-59.2M | ||
| Q3 25 | $162.0K | $-22.6M | ||
| Q2 25 | $5.2M | $-12.6M | ||
| Q1 25 | $3.5M | $-35.2M | ||
| Q4 24 | $4.5M | $-20.1M | ||
| Q3 24 | $-11.9M | $-38.7M | ||
| Q2 24 | $1.5M | $-29.3M | ||
| Q1 24 | $3.9M | $-30.1M |
毛利率AVNWPL
| Q4 25 | 32.4% | 57.3% | ||
| Q3 25 | 33.2% | 57.6% | ||
| Q2 25 | 34.2% | 55.2% | ||
| Q1 25 | 34.9% | 62.1% | ||
| Q4 24 | 34.6% | 61.2% | ||
| Q3 24 | 22.4% | 52.9% | ||
| Q2 24 | 35.3% | 52.4% | ||
| Q1 24 | 32.5% | 55.2% |
营业利润率AVNWPL
| Q4 25 | 6.5% | -22.6% | ||
| Q3 25 | 4.8% | -24.5% | ||
| Q2 25 | 7.7% | -34.4% | ||
| Q1 25 | 8.3% | -31.5% | ||
| Q4 24 | 6.7% | -36.9% | ||
| Q3 24 | -17.6% | -64.8% | ||
| Q2 24 | 4.7% | -57.2% | ||
| Q1 24 | 5.1% | -57.6% |
净利率AVNWPL
| Q4 25 | 5.1% | -72.8% | ||
| Q3 25 | 0.2% | -30.8% | ||
| Q2 25 | 4.5% | -19.1% | ||
| Q1 25 | 3.1% | -57.1% | ||
| Q4 24 | 3.8% | -32.8% | ||
| Q3 24 | -13.4% | -63.3% | ||
| Q2 24 | 1.3% | -48.5% | ||
| Q1 24 | 3.5% | -51.1% |
每股收益（稀释后）AVNWPL
| Q4 25 | $0.44 | $-0.19 | ||
| Q3 25 | $0.01 | $-0.07 | ||
| Q2 25 | $0.42 | $-0.04 | ||
| Q1 25 | $0.27 | $-0.12 | ||
| Q4 24 | $0.35 | $-0.07 | ||
| Q3 24 | $-0.94 | $-0.13 | ||
| Q2 24 | $0.11 | $-0.10 | ||
| Q1 24 | $0.30 | $-0.10 |
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 | $443.3M |
| 总债务越低越好 | $105.4M | — |
| 股东权益账面价值 | $271.6M | $349.6M |
| 总资产 | $659.4M | $1.1B |
| 负债/权益比越低杠杆越低 | 0.39× | — |
8季度趋势，按日历期对齐
现金及短期投资AVNWPL
| Q4 25 | $86.5M | $443.3M | ||
| Q3 25 | $64.8M | $181.1M | ||
| Q2 25 | $59.7M | $133.5M | ||
| Q1 25 | $49.4M | $118.0M | ||
| Q4 24 | $52.6M | $139.0M | ||
| Q3 24 | $51.0M | $148.3M | ||
| Q2 24 | $64.6M | $107.4M | ||
| Q1 24 | $59.2M | $83.9M |
总债务AVNWPL
| Q4 25 | $105.4M | — | ||
| 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AVNWPL
| Q4 25 | $271.6M | $349.6M | ||
| Q3 25 | $263.6M | $435.7M | ||
| Q2 25 | $263.2M | $444.8M | ||
| Q1 25 | $256.1M | $441.3M | ||
| Q4 24 | $249.6M | $464.6M | ||
| Q3 24 | $247.1M | $473.2M | ||
| Q2 24 | $255.9M | $500.3M | ||
| Q1 24 | $256.0M | $518.0M |
总资产AVNWPL
| Q4 25 | $659.4M | $1.1B | ||
| Q3 25 | $643.3M | $696.4M | ||
| Q2 25 | $633.3M | $658.4M | ||
| Q1 25 | $628.3M | $633.8M | ||
| Q4 24 | $594.1M | $630.8M | ||
| Q3 24 | $590.9M | $658.4M | ||
| Q2 24 | $535.2M | $674.6M | ||
| Q1 24 | $490.3M | $702.0M |
负债/权益比AVNWPL
| Q4 25 | 0.39× | — | ||
| 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 | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | $1.9M |
| 自由现金流率自由现金流/营收 | 20.2% | 2.3% |
| 资本支出强度资本支出/营收 | 1.3% | 32.9% |
| 现金转化率经营现金流/净利润 | 4.18× | — |
| 过去12个月自由现金流最近4个季度 | $16.1M | $40.7M |
8季度趋势，按日历期对齐
经营现金流AVNWPL
| Q4 25 | $23.9M | $28.6M | ||
| Q3 25 | $-11.7M | $67.8M | ||
| Q2 25 | $10.5M | $17.3M | ||
| Q1 25 | $1.6M | $-6.3M | ||
| Q4 24 | $20.8M | $4.1M | ||
| Q3 24 | $-27.2M | $-7.9M | ||
| Q2 24 | $8.3M | $-4.3M | ||
| Q1 24 | $15.3M | $-6.8M |
自由现金流AVNWPL
| Q4 25 | $22.5M | $1.9M | ||
| Q3 25 | $-13.5M | $47.5M | ||
| Q2 25 | $8.2M | $9.2M | ||
| Q1 25 | $-1.2M | $-17.9M | ||
| Q4 24 | $18.3M | $-3.6M | ||
| Q3 24 | $-32.6M | $-23.0M | ||
| Q2 24 | $7.5M | $-14.2M | ||
| Q1 24 | $14.8M | $-15.7M |
自由现金流率AVNWPL
| Q4 25 | 20.2% | 2.3% | ||
| Q3 25 | -12.6% | 64.7% | ||
| Q2 25 | 7.1% | 13.9% | ||
| Q1 25 | -1.0% | -29.1% | ||
| Q4 24 | 15.5% | -5.8% | ||
| Q3 24 | -36.8% | -37.6% | ||
| Q2 24 | 6.4% | -23.6% | ||
| Q1 24 | 13.4% | -26.7% |
资本支出强度AVNWPL
| Q4 25 | 1.3% | 32.9% | ||
| Q3 25 | 1.6% | 27.6% | ||
| Q2 25 | 2.0% | 12.3% | ||
| Q1 25 | 2.5% | 18.9% | ||
| Q4 24 | 2.1% | 12.5% | ||
| Q3 24 | 6.1% | 24.8% | ||
| Q2 24 | 0.7% | 16.4% | ||
| Q1 24 | 0.4% | 15.1% |
现金转化率AVNWPL
| Q4 25 | 4.18× | — | ||
| Q3 25 | -72.48× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 4.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.37× | — | ||
| Q1 24 | 3.96× | — |
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% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
