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AVIAT NETWORKS, INC.（AVNW）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是AVIAT NETWORKS, INC.的1.8倍（$197.9M vs $111.5M），REPLIGEN CORP净利率更高（6.7% vs 5.1%，领先1.6%），REPLIGEN CORP同比增速更快（13.6% vs -5.7%），AVIAT NETWORKS, INC.自由现金流更多（$22.5M vs $17.6M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% 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。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
AVNW vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.8倍
$111.5M
营收增速更快
RGEN
高出19.3%
-5.7%
净利率更高
RGEN
高出1.6%
5.1%
自由现金流更多
AVNW
多$4.9M
$17.6M
两年增速更快
RGEN
近两年复合增速
0.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $197.9M |
| 净利润 | $5.7M | $13.3M |
| 毛利率 | 32.4% | 52.5% |
| 营业利润率 | 6.5% | 9.0% |
| 净利率 | 5.1% | 6.7% |
| 营收同比 | -5.7% | 13.6% |
| 净利润同比 | 27.2% | 143.9% |
| 每股收益（稀释后） | $0.44 | $0.24 |
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AVNWRGEN
| Q4 25 | $111.5M | $197.9M | ||
| Q3 25 | $107.3M | $188.8M | ||
| Q2 25 | $115.3M | $182.4M | ||
| Q1 25 | $112.6M | $169.2M | ||
| Q4 24 | $118.2M | $174.1M | ||
| Q3 24 | $88.4M | $154.9M | ||
| Q2 24 | $116.7M | $154.1M | ||
| Q1 24 | $110.8M | $151.3M |
净利润AVNWRGEN
| Q4 25 | $5.7M | $13.3M | ||
| Q3 25 | $162.0K | $14.9M | ||
| Q2 25 | $5.2M | $14.9M | ||
| Q1 25 | $3.5M | $5.8M | ||
| Q4 24 | $4.5M | $-30.3M | ||
| Q3 24 | $-11.9M | $-654.0K | ||
| Q2 24 | $1.5M | $3.3M | ||
| Q1 24 | $3.9M | $2.1M |
毛利率AVNWRGEN
| Q4 25 | 32.4% | 52.5% | ||
| Q3 25 | 33.2% | 53.2% | ||
| Q2 25 | 34.2% | 50.0% | ||
| Q1 25 | 34.9% | 53.6% | ||
| Q4 24 | 34.6% | 26.1% | ||
| Q3 24 | 22.4% | 50.0% | ||
| Q2 24 | 35.3% | 49.8% | ||
| Q1 24 | 32.5% | 49.5% |
营业利润率AVNWRGEN
| Q4 25 | 6.5% | 9.0% | ||
| Q3 25 | 4.8% | 8.9% | ||
| Q2 25 | 7.7% | 7.6% | ||
| Q1 25 | 8.3% | 3.9% | ||
| Q4 24 | 6.7% | -17.7% | ||
| Q3 24 | -17.6% | -5.1% | ||
| Q2 24 | 4.7% | 1.0% | ||
| Q1 24 | 5.1% | 1.3% |
净利率AVNWRGEN
| Q4 25 | 5.1% | 6.7% | ||
| Q3 25 | 0.2% | 7.9% | ||
| Q2 25 | 4.5% | 8.2% | ||
| Q1 25 | 3.1% | 3.4% | ||
| Q4 24 | 3.8% | -17.4% | ||
| Q3 24 | -13.4% | -0.4% | ||
| Q2 24 | 1.3% | 2.2% | ||
| Q1 24 | 3.5% | 1.4% |
每股收益（稀释后）AVNWRGEN
| Q4 25 | $0.44 | $0.24 | ||
| Q3 25 | $0.01 | $0.26 | ||
| Q2 25 | $0.42 | $0.26 | ||
| Q1 25 | $0.27 | $0.10 | ||
| Q4 24 | $0.35 | $-0.55 | ||
| Q3 24 | $-0.94 | $-0.01 | ||
| Q2 24 | $0.11 | $0.06 | ||
| Q1 24 | $0.30 | $0.04 |
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 | $767.6M |
| 总债务越低越好 | $105.4M | $542.2M |
| 股东权益账面价值 | $271.6M | $2.1B |
| 总资产 | $659.4M | $2.9B |
| 负债/权益比越低杠杆越低 | 0.39× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资AVNWRGEN
| Q4 25 | $86.5M | $767.6M | ||
| Q3 25 | $64.8M | $748.7M | ||
| Q2 25 | $59.7M | $708.9M | ||
| Q1 25 | $49.4M | $697.2M | ||
| Q4 24 | $52.6M | $757.4M | ||
| Q3 24 | $51.0M | $784.0M | ||
| Q2 24 | $64.6M | $809.1M | ||
| Q1 24 | $59.2M | $780.6M |
总债务AVNWRGEN
| Q4 25 | $105.4M | $542.2M | ||
| Q3 25 | $106.5M | $537.9M | ||
| Q2 25 | $87.6M | — | ||
| Q1 25 | $73.9M | — | ||
| Q4 24 | $74.9M | $525.6M | ||
| Q3 24 | $83.4M | — | ||
| Q2 24 | $48.4M | — | ||
| Q1 24 | $48.9M | — |
股东权益AVNWRGEN
| Q4 25 | $271.6M | $2.1B | ||
| Q3 25 | $263.6M | $2.1B | ||
| Q2 25 | $263.2M | $2.1B | ||
| Q1 25 | $256.1M | $2.0B | ||
| Q4 24 | $249.6M | $2.0B | ||
| Q3 24 | $247.1M | $2.0B | ||
| Q2 24 | $255.9M | $2.0B | ||
| Q1 24 | $256.0M | $2.0B |
总资产AVNWRGEN
| Q4 25 | $659.4M | $2.9B | ||
| Q3 25 | $643.3M | $2.9B | ||
| Q2 25 | $633.3M | $2.9B | ||
| Q1 25 | $628.3M | $2.9B | ||
| Q4 24 | $594.1M | $2.8B | ||
| Q3 24 | $590.9M | $2.8B | ||
| Q2 24 | $535.2M | $2.9B | ||
| Q1 24 | $490.3M | $2.8B |
负债/权益比AVNWRGEN
| Q4 25 | 0.39× | 0.26× | ||
| Q3 25 | 0.40× | 0.26× | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.30× | 0.27× | ||
| 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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | $17.6M |
| 自由现金流率自由现金流/营收 | 20.2% | 8.9% |
| 资本支出强度资本支出/营收 | 1.3% | 4.1% |
| 现金转化率经营现金流/净利润 | 4.18× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $16.1M | $93.9M |
8季度趋势，按日历期对齐
经营现金流AVNWRGEN
| Q4 25 | $23.9M | $25.7M | ||
| Q3 25 | $-11.7M | $48.1M | ||
| Q2 25 | $10.5M | $28.6M | ||
| Q1 25 | $1.6M | $15.0M | ||
| Q4 24 | $20.8M | $39.2M | ||
| Q3 24 | $-27.2M | $49.3M | ||
| Q2 24 | $8.3M | $42.2M | ||
| Q1 24 | $15.3M | $44.7M |
自由现金流AVNWRGEN
| Q4 25 | $22.5M | $17.6M | ||
| Q3 25 | $-13.5M | $43.4M | ||
| Q2 25 | $8.2M | $21.5M | ||
| Q1 25 | $-1.2M | $11.4M | ||
| Q4 24 | $18.3M | $33.6M | ||
| Q3 24 | $-32.6M | $42.3M | ||
| Q2 24 | $7.5M | $37.4M | ||
| Q1 24 | $14.8M | $36.4M |
自由现金流率AVNWRGEN
| Q4 25 | 20.2% | 8.9% | ||
| Q3 25 | -12.6% | 23.0% | ||
| Q2 25 | 7.1% | 11.8% | ||
| Q1 25 | -1.0% | 6.8% | ||
| Q4 24 | 15.5% | 19.3% | ||
| Q3 24 | -36.8% | 27.3% | ||
| Q2 24 | 6.4% | 24.3% | ||
| Q1 24 | 13.4% | 24.0% |
资本支出强度AVNWRGEN
| Q4 25 | 1.3% | 4.1% | ||
| Q3 25 | 1.6% | 2.5% | ||
| Q2 25 | 2.0% | 3.9% | ||
| Q1 25 | 2.5% | 2.1% | ||
| Q4 24 | 2.1% | 3.2% | ||
| Q3 24 | 6.1% | 4.5% | ||
| Q2 24 | 0.7% | 3.1% | ||
| Q1 24 | 0.4% | 5.5% |
现金转化率AVNWRGEN
| Q4 25 | 4.18× | 1.93× | ||
| Q3 25 | -72.48× | 3.23× | ||
| Q2 25 | 2.02× | 1.92× | ||
| Q1 25 | 0.46× | 2.57× | ||
| Q4 24 | 4.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.37× | 12.70× | ||
| Q1 24 | 3.96× | 21.35× |
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% |
RGEN
暂无分部数据
