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AVIAT NETWORKS, INC.（AVNW）与null（SWIM）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null的1.1倍（$111.5M vs $100.0M），AVIAT NETWORKS, INC.净利率更高（5.1% vs -7.0%，领先12.1%），null同比增速更快（14.5% vs -5.7%），AVIAT NETWORKS, INC.自由现金流更多（$22.5M vs $14.1M），过去两年AVIAT NETWORKS, INC.的营收复合增速更高（0.3% vs -4.9%）
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。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
AVNW vs SWIM — 直观对比
营收规模更大
AVNW
是对方的1.1倍
$100.0M
营收增速更快
SWIM
高出20.2%
-5.7%
净利率更高
AVNW
高出12.1%
-7.0%
自由现金流更多
AVNW
多$8.4M
$14.1M
两年增速更快
AVNW
近两年复合增速
-4.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $100.0M |
| 净利润 | $5.7M | $-7.0M |
| 毛利率 | 32.4% | 28.0% |
| 营业利润率 | 6.5% | -10.7% |
| 净利率 | 5.1% | -7.0% |
| 营收同比 | -5.7% | 14.5% |
| 净利润同比 | 27.2% | 76.0% |
| 每股收益（稀释后） | $0.44 | $-0.06 |
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AVNWSWIM
| Q4 25 | $111.5M | $100.0M | ||
| Q3 25 | $107.3M | $161.9M | ||
| Q2 25 | $115.3M | $172.6M | ||
| Q1 25 | $112.6M | $111.4M | ||
| Q4 24 | $118.2M | $87.3M | ||
| Q3 24 | $88.4M | $150.5M | ||
| Q2 24 | $116.7M | $160.1M | ||
| Q1 24 | $110.8M | $110.6M |
净利润AVNWSWIM
| Q4 25 | $5.7M | $-7.0M | ||
| Q3 25 | $162.0K | $8.1M | ||
| Q2 25 | $5.2M | $16.0M | ||
| Q1 25 | $3.5M | $-6.0M | ||
| Q4 24 | $4.5M | $-29.2M | ||
| Q3 24 | $-11.9M | $5.9M | ||
| Q2 24 | $1.5M | $13.3M | ||
| Q1 24 | $3.9M | $-7.9M |
毛利率AVNWSWIM
| Q4 25 | 32.4% | 28.0% | ||
| Q3 25 | 33.2% | 35.4% | ||
| Q2 25 | 34.2% | 37.1% | ||
| Q1 25 | 34.9% | 29.5% | ||
| Q4 24 | 34.6% | 24.6% | ||
| Q3 24 | 22.4% | 32.4% | ||
| Q2 24 | 35.3% | 33.1% | ||
| Q1 24 | 32.5% | 27.7% |
营业利润率AVNWSWIM
| Q4 25 | 6.5% | -10.7% | ||
| Q3 25 | 4.8% | 13.3% | ||
| Q2 25 | 7.7% | 14.3% | ||
| Q1 25 | 8.3% | -4.4% | ||
| Q4 24 | 6.7% | -14.9% | ||
| Q3 24 | -17.6% | 8.9% | ||
| Q2 24 | 4.7% | 12.5% | ||
| Q1 24 | 5.1% | -1.9% |
净利率AVNWSWIM
| Q4 25 | 5.1% | -7.0% | ||
| Q3 25 | 0.2% | 5.0% | ||
| Q2 25 | 4.5% | 9.3% | ||
| Q1 25 | 3.1% | -5.4% | ||
| Q4 24 | 3.8% | -33.4% | ||
| Q3 24 | -13.4% | 3.9% | ||
| Q2 24 | 1.3% | 8.3% | ||
| Q1 24 | 3.5% | -7.1% |
每股收益（稀释后）AVNWSWIM
| Q4 25 | $0.44 | $-0.06 | ||
| Q3 25 | $0.01 | $0.07 | ||
| Q2 25 | $0.42 | $0.13 | ||
| Q1 25 | $0.27 | $-0.05 | ||
| Q4 24 | $0.35 | $-0.24 | ||
| Q3 24 | $-0.94 | $0.05 | ||
| Q2 24 | $0.11 | $0.11 | ||
| Q1 24 | $0.30 | $-0.07 |
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 | — |
| 总债务越低越好 | $105.4M | $279.8M |
| 股东权益账面价值 | $271.6M | $405.9M |
| 总资产 | $659.4M | $823.2M |
| 负债/权益比越低杠杆越低 | 0.39× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资AVNWSWIM
| Q4 25 | $86.5M | — | ||
| Q3 25 | $64.8M | — | ||
| Q2 25 | $59.7M | — | ||
| Q1 25 | $49.4M | — | ||
| Q4 24 | $52.6M | — | ||
| Q3 24 | $51.0M | — | ||
| Q2 24 | $64.6M | — | ||
| Q1 24 | $59.2M | — |
总债务AVNWSWIM
| Q4 25 | $105.4M | $279.8M | ||
| Q3 25 | $106.5M | $281.1M | ||
| Q2 25 | $87.6M | $281.5M | ||
| Q1 25 | $73.9M | $306.9M | ||
| Q4 24 | $74.9M | $281.5M | ||
| Q3 24 | $83.4M | $282.8M | ||
| Q2 24 | $48.4M | $282.4M | ||
| Q1 24 | $48.9M | $282.8M |
股东权益AVNWSWIM
| Q4 25 | $271.6M | $405.9M | ||
| Q3 25 | $263.6M | $408.4M | ||
| Q2 25 | $263.2M | $398.4M | ||
| Q1 25 | $256.1M | $381.1M | ||
| Q4 24 | $249.6M | $387.2M | ||
| Q3 24 | $247.1M | $416.6M | ||
| Q2 24 | $255.9M | $408.1M | ||
| Q1 24 | $256.0M | $391.8M |
总资产AVNWSWIM
| Q4 25 | $659.4M | $823.2M | ||
| Q3 25 | $643.3M | $844.4M | ||
| Q2 25 | $633.3M | $822.1M | ||
| Q1 25 | $628.3M | $824.6M | ||
| Q4 24 | $594.1M | $794.2M | ||
| Q3 24 | $590.9M | $853.4M | ||
| Q2 24 | $535.2M | $830.0M | ||
| Q1 24 | $490.3M | $808.6M |
负债/权益比AVNWSWIM
| Q4 25 | 0.39× | 0.69× | ||
| Q3 25 | 0.40× | 0.69× | ||
| Q2 25 | 0.33× | 0.71× | ||
| Q1 25 | 0.29× | 0.81× | ||
| Q4 24 | 0.30× | 0.73× | ||
| Q3 24 | 0.34× | 0.68× | ||
| Q2 24 | 0.19× | 0.69× | ||
| Q1 24 | 0.19× | 0.72× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | $14.1M |
| 自由现金流率自由现金流/营收 | 20.2% | 14.1% |
| 资本支出强度资本支出/营收 | 1.3% | 9.2% |
| 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 | $38.0M |
8季度趋势，按日历期对齐
经营现金流AVNWSWIM
| Q4 25 | $23.9M | $23.3M | ||
| Q3 25 | $-11.7M | $51.0M | ||
| Q2 25 | $10.5M | $36.0M | ||
| Q1 25 | $1.6M | $-46.9M | ||
| Q4 24 | $20.8M | $6.2M | ||
| Q3 24 | $-27.2M | $37.2M | ||
| Q2 24 | $8.3M | $52.4M | ||
| Q1 24 | $15.3M | $-34.5M |
自由现金流AVNWSWIM
| Q4 25 | $22.5M | $14.1M | ||
| Q3 25 | $-13.5M | $45.2M | ||
| Q2 25 | $8.2M | $29.1M | ||
| Q1 25 | $-1.2M | $-50.3M | ||
| Q4 24 | $18.3M | $-98.0K | ||
| Q3 24 | $-32.6M | $33.2M | ||
| Q2 24 | $7.5M | $47.9M | ||
| Q1 24 | $14.8M | $-39.9M |
自由现金流率AVNWSWIM
| Q4 25 | 20.2% | 14.1% | ||
| Q3 25 | -12.6% | 27.9% | ||
| Q2 25 | 7.1% | 16.8% | ||
| Q1 25 | -1.0% | -45.2% | ||
| Q4 24 | 15.5% | -0.1% | ||
| Q3 24 | -36.8% | 22.1% | ||
| Q2 24 | 6.4% | 29.9% | ||
| Q1 24 | 13.4% | -36.0% |
资本支出强度AVNWSWIM
| Q4 25 | 1.3% | 9.2% | ||
| Q3 25 | 1.6% | 3.6% | ||
| Q2 25 | 2.0% | 4.0% | ||
| Q1 25 | 2.5% | 3.1% | ||
| Q4 24 | 2.1% | 7.2% | ||
| Q3 24 | 6.1% | 2.7% | ||
| Q2 24 | 0.7% | 2.8% | ||
| Q1 24 | 0.4% | 4.8% |
现金转化率AVNWSWIM
| Q4 25 | 4.18× | — | ||
| Q3 25 | -72.48× | 6.29× | ||
| Q2 25 | 2.02× | 2.25× | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 4.62× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | 5.37× | 3.95× | ||
| 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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
