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AVIAT NETWORKS, INC.（AVNW）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是AVIAT NETWORKS, INC.的1.1倍（$117.7M vs $111.5M），AVIAT NETWORKS, INC.净利率更高（5.1% vs -10.8%，领先15.9%），AVIAT NETWORKS, INC.同比增速更快（-5.7% vs -19.2%），AVIAT NETWORKS, INC.自由现金流更多（$22.5M vs $15.6M），过去两年AVIAT NETWORKS, INC.的营收复合增速更高（0.3% vs -11.8%）
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。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
AVNW vs RGP — 直观对比
营收规模更大
RGP
是对方的1.1倍
$111.5M
营收增速更快
AVNW
高出13.5%
-19.2%
净利率更高
AVNW
高出15.9%
-10.8%
自由现金流更多
AVNW
多$6.9M
$15.6M
两年增速更快
AVNW
近两年复合增速
-11.8%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $117.7M |
| 净利润 | $5.7M | $-12.7M |
| 毛利率 | 32.4% | 37.1% |
| 营业利润率 | 6.5% | -10.3% |
| 净利率 | 5.1% | -10.8% |
| 营收同比 | -5.7% | -19.2% |
| 净利润同比 | 27.2% | 81.6% |
| 每股收益（稀释后） | $0.44 | $-0.38 |
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AVNWRGP
| Q4 25 | $111.5M | $117.7M | ||
| Q3 25 | $107.3M | $120.2M | ||
| Q2 25 | $115.3M | $139.3M | ||
| Q1 25 | $112.6M | $129.4M | ||
| Q4 24 | $118.2M | $145.6M | ||
| Q3 24 | $88.4M | $136.9M | ||
| Q2 24 | $116.7M | $148.2M | ||
| Q1 24 | $110.8M | $151.3M |
净利润AVNWRGP
| Q4 25 | $5.7M | $-12.7M | ||
| Q3 25 | $162.0K | $-2.4M | ||
| Q2 25 | $5.2M | $-73.3M | ||
| Q1 25 | $3.5M | $-44.1M | ||
| Q4 24 | $4.5M | $-68.7M | ||
| Q3 24 | $-11.9M | $-5.7M | ||
| Q2 24 | $1.5M | $10.5M | ||
| Q1 24 | $3.9M | $2.5M |
毛利率AVNWRGP
| Q4 25 | 32.4% | 37.1% | ||
| Q3 25 | 33.2% | 39.5% | ||
| Q2 25 | 34.2% | 40.2% | ||
| Q1 25 | 34.9% | 35.1% | ||
| Q4 24 | 34.6% | 38.5% | ||
| Q3 24 | 22.4% | 36.5% | ||
| Q2 24 | 35.3% | 40.2% | ||
| Q1 24 | 32.5% | 37.0% |
营业利润率AVNWRGP
| Q4 25 | 6.5% | -10.3% | ||
| Q3 25 | 4.8% | -1.7% | ||
| Q2 25 | 7.7% | -47.0% | ||
| Q1 25 | 8.3% | -38.4% | ||
| Q4 24 | 6.7% | -52.7% | ||
| Q3 24 | -17.6% | -3.5% | ||
| Q2 24 | 4.7% | 7.6% | ||
| Q1 24 | 5.1% | 2.8% |
净利率AVNWRGP
| Q4 25 | 5.1% | -10.8% | ||
| Q3 25 | 0.2% | -2.0% | ||
| Q2 25 | 4.5% | -52.6% | ||
| Q1 25 | 3.1% | -34.0% | ||
| Q4 24 | 3.8% | -47.2% | ||
| Q3 24 | -13.4% | -4.2% | ||
| Q2 24 | 1.3% | 7.1% | ||
| Q1 24 | 3.5% | 1.7% |
每股收益（稀释后）AVNWRGP
| Q4 25 | $0.44 | $-0.38 | ||
| Q3 25 | $0.01 | $-0.07 | ||
| Q2 25 | $0.42 | $-2.21 | ||
| Q1 25 | $0.27 | $-1.34 | ||
| Q4 24 | $0.35 | $-2.08 | ||
| Q3 24 | $-0.94 | $-0.17 | ||
| Q2 24 | $0.11 | $0.31 | ||
| Q1 24 | $0.30 | $0.08 |
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 | $89.8M |
| 总债务越低越好 | $105.4M | — |
| 股东权益账面价值 | $271.6M | $194.6M |
| 总资产 | $659.4M | $289.3M |
| 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AVNWRGP
| Q4 25 | $86.5M | $89.8M | ||
| Q3 25 | $64.8M | $77.5M | ||
| Q2 25 | $59.7M | $86.1M | ||
| Q1 25 | $49.4M | $72.5M | ||
| Q4 24 | $52.6M | $78.2M | ||
| Q3 24 | $51.0M | $89.6M | ||
| Q2 24 | $64.6M | $108.9M | ||
| Q1 24 | $59.2M | $113.8M |
总债务AVNWRGP
| 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AVNWRGP
| Q4 25 | $271.6M | $194.6M | ||
| Q3 25 | $263.6M | $206.4M | ||
| Q2 25 | $263.2M | $207.1M | ||
| Q1 25 | $256.1M | $277.8M | ||
| Q4 24 | $249.6M | $325.7M | ||
| Q3 24 | $247.1M | $407.2M | ||
| Q2 24 | $255.9M | $418.8M | ||
| Q1 24 | $256.0M | $414.9M |
总资产AVNWRGP
| Q4 25 | $659.4M | $289.3M | ||
| Q3 25 | $643.3M | $287.2M | ||
| Q2 25 | $633.3M | $304.7M | ||
| Q1 25 | $628.3M | $375.6M | ||
| Q4 24 | $594.1M | $424.9M | ||
| Q3 24 | $590.9M | $512.9M | ||
| Q2 24 | $535.2M | $510.9M | ||
| Q1 24 | $490.3M | $523.2M |
负债/权益比AVNWRGP
| 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 | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | $15.6M |
| 自由现金流率自由现金流/营收 | 20.2% | 13.2% |
| 资本支出强度资本支出/营收 | 1.3% | 0.3% |
| 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 | $24.3M |
8季度趋势，按日历期对齐
经营现金流AVNWRGP
| Q4 25 | $23.9M | $15.9M | ||
| Q3 25 | $-11.7M | $-7.8M | ||
| Q2 25 | $10.5M | $16.8M | ||
| Q1 25 | $1.6M | $659.0K | ||
| Q4 24 | $20.8M | $1.8M | ||
| Q3 24 | $-27.2M | $-309.0K | ||
| Q2 24 | $8.3M | $3.2M | ||
| Q1 24 | $15.3M | $20.5M |
自由现金流AVNWRGP
| Q4 25 | $22.5M | $15.6M | ||
| Q3 25 | $-13.5M | $-8.0M | ||
| Q2 25 | $8.2M | $16.5M | ||
| Q1 25 | $-1.2M | $238.0K | ||
| Q4 24 | $18.3M | $61.0K | ||
| Q3 24 | $-32.6M | $-575.0K | ||
| Q2 24 | $7.5M | $3.0M | ||
| Q1 24 | $14.8M | $20.4M |
自由现金流率AVNWRGP
| Q4 25 | 20.2% | 13.2% | ||
| Q3 25 | -12.6% | -6.6% | ||
| Q2 25 | 7.1% | 11.8% | ||
| Q1 25 | -1.0% | 0.2% | ||
| Q4 24 | 15.5% | 0.0% | ||
| Q3 24 | -36.8% | -0.4% | ||
| Q2 24 | 6.4% | 2.1% | ||
| Q1 24 | 13.4% | 13.5% |
资本支出强度AVNWRGP
| Q4 25 | 1.3% | 0.3% | ||
| Q3 25 | 1.6% | 0.1% | ||
| Q2 25 | 2.0% | 0.2% | ||
| Q1 25 | 2.5% | 0.3% | ||
| Q4 24 | 2.1% | 1.2% | ||
| Q3 24 | 6.1% | 0.2% | ||
| Q2 24 | 0.7% | 0.1% | ||
| Q1 24 | 0.4% | 0.1% |
现金转化率AVNWRGP
| 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× | 0.30× | ||
| Q1 24 | 3.96× | 8.04× |
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% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
