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AVIAT NETWORKS, INC.（AVNW）与Vistance Networks, Inc.（VISN）财务数据对比。点击上方公司名可切换其他公司
AVIAT NETWORKS, INC.净利率更高（5.1% vs -61.8%，领先67.0%）。AVIAT NETWORKS, INC.同比增速更快（-5.7% vs -486.8%）。Vistance Networks, Inc.自由现金流更多（$255.5M vs $22.5M）。过去两年Vistance Networks, Inc.的营收复合增速更高（NaN% vs NaN%）
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。
AVNW vs VISN — 直观对比
营收规模更大
AVNW
是对方的-0.1倍
$-2.2B
营收增速更快
AVNW
高出481.1%
-486.8%
净利率更高
AVNW
高出67.0%
-61.8%
自由现金流更多
VISN
多$233.0M
$22.5M
两年增速更快
VISN
近两年复合增速
0.3%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $-2.2B |
| 净利润 | $5.7M | $1.4B |
| 毛利率 | 32.4% | — |
| 营业利润率 | 6.5% | — |
| 净利率 | 5.1% | -61.8% |
| 营收同比 | -5.7% | -486.8% |
| 净利润同比 | 27.2% | 4109.0% |
| 每股收益（稀释后） | $0.44 | $6.30 |
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AVNWVISN
| Q4 25 | $111.5M | $-2.2B | ||
| Q3 25 | $107.3M | $1.6B | ||
| Q2 25 | $115.3M | $1.4B | ||
| Q1 25 | $112.6M | $1.1B | ||
| Q4 24 | $118.2M | $568.3M | ||
| Q3 24 | $88.4M | $1.1B | ||
| Q2 24 | $116.7M | $1.4B | ||
| Q1 24 | $110.8M | $1.2B |
净利润AVNWVISN
| Q4 25 | $5.7M | $1.4B | ||
| Q3 25 | $162.0K | $108.4M | ||
| Q2 25 | $5.2M | $31.8M | ||
| Q1 25 | $3.5M | $784.0M | ||
| Q4 24 | $4.5M | $32.3M | ||
| Q3 24 | $-11.9M | $-33.0M | ||
| Q2 24 | $1.5M | $44.4M | ||
| Q1 24 | $3.9M | $-359.2M |
毛利率AVNWVISN
| Q4 25 | 32.4% | — | ||
| Q3 25 | 33.2% | 41.0% | ||
| Q2 25 | 34.2% | 42.6% | ||
| Q1 25 | 34.9% | 42.1% | ||
| Q4 24 | 34.6% | 33.8% | ||
| Q3 24 | 22.4% | 40.2% | ||
| Q2 24 | 35.3% | 39.5% | ||
| Q1 24 | 32.5% | 34.4% |
营业利润率AVNWVISN
| Q4 25 | 6.5% | — | ||
| Q3 25 | 4.8% | 18.5% | ||
| Q2 25 | 7.7% | 17.0% | ||
| Q1 25 | 8.3% | 12.0% | ||
| Q4 24 | 6.7% | -7.3% | ||
| Q3 24 | -17.6% | 9.4% | ||
| Q2 24 | 4.7% | 13.9% | ||
| Q1 24 | 5.1% | 0.2% |
净利率AVNWVISN
| Q4 25 | 5.1% | -61.8% | ||
| Q3 25 | 0.2% | 6.7% | ||
| Q2 25 | 4.5% | 2.3% | ||
| Q1 25 | 3.1% | 70.5% | ||
| Q4 24 | 3.8% | 5.7% | ||
| Q3 24 | -13.4% | -3.0% | ||
| Q2 24 | 1.3% | 3.2% | ||
| Q1 24 | 3.5% | -30.7% |
每股收益（稀释后）AVNWVISN
| Q4 25 | $0.44 | $6.30 | ||
| Q3 25 | $0.01 | $0.39 | ||
| Q2 25 | $0.42 | $0.06 | ||
| Q1 25 | $0.27 | $2.88 | ||
| Q4 24 | $0.35 | $0.09 | ||
| Q3 24 | $-0.94 | $-0.23 | ||
| Q2 24 | $0.11 | $0.13 | ||
| Q1 24 | $0.30 | $-1.77 |
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 | $754.4M |
| 总债务越低越好 | $105.4M | — |
| 股东权益账面价值 | $271.6M | $-1.0B |
| 总资产 | $659.4M | $9.4B |
| 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AVNWVISN
| Q4 25 | $86.5M | $754.4M | ||
| Q3 25 | $64.8M | $705.3M | ||
| Q2 25 | $59.7M | $571.1M | ||
| Q1 25 | $49.4M | $493.3M | ||
| Q4 24 | $52.6M | $564.9M | ||
| Q3 24 | $51.0M | $392.1M | ||
| Q2 24 | $64.6M | $345.9M | ||
| Q1 24 | $59.2M | $357.2M |
总债务AVNWVISN
| 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AVNWVISN
| Q4 25 | $271.6M | $-1.0B | ||
| Q3 25 | $263.6M | $-2.3B | ||
| Q2 25 | $263.2M | $-2.4B | ||
| Q1 25 | $256.1M | $-2.5B | ||
| Q4 24 | $249.6M | $-3.5B | ||
| Q3 24 | $247.1M | $-3.3B | ||
| Q2 24 | $255.9M | $-3.3B | ||
| Q1 24 | $256.0M | $-3.3B |
总资产AVNWVISN
| Q4 25 | $659.4M | $9.4B | ||
| Q3 25 | $643.3M | $7.9B | ||
| Q2 25 | $633.3M | $7.7B | ||
| Q1 25 | $628.3M | $7.5B | ||
| Q4 24 | $594.1M | $8.7B | ||
| Q3 24 | $590.9M | $8.8B | ||
| Q2 24 | $535.2M | $8.8B | ||
| Q1 24 | $490.3M | $8.7B |
负债/权益比AVNWVISN
| 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 | $281.3M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | $255.5M |
| 自由现金流率自由现金流/营收 | 20.2% | -11.6% |
| 资本支出强度资本支出/营收 | 1.3% | -1.2% |
| 现金转化率经营现金流/净利润 | 4.18× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $16.1M | $252.6M |
8季度趋势，按日历期对齐
经营现金流AVNWVISN
| Q4 25 | $23.9M | $281.3M | ||
| Q3 25 | $-11.7M | $151.4M | ||
| Q2 25 | $10.5M | $77.1M | ||
| Q1 25 | $1.6M | $-186.9M | ||
| Q4 24 | $20.8M | $277.9M | ||
| Q3 24 | $-27.2M | $122.1M | ||
| Q2 24 | $8.3M | $50.8M | ||
| Q1 24 | $15.3M | $-177.7M |
自由现金流AVNWVISN
| Q4 25 | $22.5M | $255.5M | ||
| Q3 25 | $-13.5M | $135.0M | ||
| Q2 25 | $8.2M | $64.5M | ||
| Q1 25 | $-1.2M | $-202.4M | ||
| Q4 24 | $18.3M | $270.6M | ||
| Q3 24 | $-32.6M | $115.4M | ||
| Q2 24 | $7.5M | $45.5M | ||
| Q1 24 | $14.8M | $-183.7M |
自由现金流率AVNWVISN
| Q4 25 | 20.2% | -11.6% | ||
| Q3 25 | -12.6% | 8.3% | ||
| Q2 25 | 7.1% | 4.6% | ||
| Q1 25 | -1.0% | -18.2% | ||
| Q4 24 | 15.5% | 47.6% | ||
| Q3 24 | -36.8% | 10.7% | ||
| Q2 24 | 6.4% | 3.3% | ||
| Q1 24 | 13.4% | -15.7% |
资本支出强度AVNWVISN
| Q4 25 | 1.3% | -1.2% | ||
| Q3 25 | 1.6% | 1.0% | ||
| Q2 25 | 2.0% | 0.9% | ||
| Q1 25 | 2.5% | 1.4% | ||
| Q4 24 | 2.1% | 1.3% | ||
| Q3 24 | 6.1% | 0.6% | ||
| Q2 24 | 0.7% | 0.4% | ||
| Q1 24 | 0.4% | 0.5% |
现金转化率AVNWVISN
| Q4 25 | 4.18× | 0.21× | ||
| Q3 25 | -72.48× | 1.40× | ||
| Q2 25 | 2.02× | 2.42× | ||
| Q1 25 | 0.46× | -0.24× | ||
| Q4 24 | 4.62× | 8.60× | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.37× | 1.14× | ||
| 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% |
VISN
暂无分部数据
