vs
Bandwidth Inc.（BAND）与COMPASS MINERALS INTERNATIONAL INC（CMP）财务数据对比。点击上方公司名可切换其他公司
COMPASS MINERALS INTERNATIONAL INC的季度营收约是Bandwidth Inc.的1.9倍（$396.1M vs $207.7M），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs -1.1%），过去两年Bandwidth Inc.的营收复合增速更高（10.2% vs 4.3%）
Bandwidth Inc.是一家通信平台即服务提供商，依托自有全球IP语音网络，为客户提供语音、短信及应急服务相关的软件API产品，帮助开发者便捷集成通信功能，全球客户可借助其方案快速搭建符合需求的通信服务体系。
指南针矿产国际是一家美国上市矿产企业，总部位于堪萨斯州欧弗兰帕克，是盐、氯化镁和硫酸钾等产品的领先生产商。公司面向北美和英国客户供应经处理与未经处理的散装道路除冰盐，同时向全球种植者提供植物营养产品，此外也生产民用除冰、水质调节产品及相关商用产品。
BAND vs CMP — 直观对比
营收规模更大
CMP
是对方的1.9倍
$207.7M
营收增速更快
CMP
高出30.0%
-1.1%
两年增速更快
BAND
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $207.7M | $396.1M |
| 净利润 | — | $18.6M |
| 毛利率 | 37.6% | 16.0% |
| 营业利润率 | -1.9% | 9.2% |
| 净利率 | — | 4.7% |
| 营收同比 | -1.1% | 28.9% |
| 净利润同比 | — | 178.8% |
| 每股收益（稀释后） | $-0.10 | $0.43 |
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BANDCMP
| Q4 25 | $207.7M | $396.1M | ||
| Q3 25 | $191.9M | $227.5M | ||
| Q2 25 | $180.0M | $214.6M | ||
| Q1 25 | $174.2M | $494.6M | ||
| Q4 24 | $210.0M | $307.2M | ||
| Q3 24 | $193.9M | $208.8M | ||
| Q2 24 | $173.6M | $202.9M | ||
| Q1 24 | $171.0M | $364.0M |
净利润BANDCMP
| Q4 25 | — | $18.6M | ||
| Q3 25 | $-1.2M | $-7.2M | ||
| Q2 25 | $-4.9M | $-17.0M | ||
| Q1 25 | $-3.7M | $-32.0M | ||
| Q4 24 | — | $-23.6M | ||
| Q3 24 | $413.0K | $-48.3M | ||
| Q2 24 | $4.1M | $-43.6M | ||
| Q1 24 | $-9.2M | $-38.9M |
毛利率BANDCMP
| Q4 25 | 37.6% | 16.0% | ||
| Q3 25 | 38.5% | 16.9% | ||
| Q2 25 | 39.8% | 19.2% | ||
| Q1 25 | 41.0% | 15.5% | ||
| Q4 24 | 36.4% | 11.2% | ||
| Q3 24 | 37.7% | 9.3% | ||
| Q2 24 | 37.3% | 16.1% | ||
| Q1 24 | 38.3% | 19.7% |
营业利润率BANDCMP
| Q4 25 | -1.9% | 9.2% | ||
| Q3 25 | -1.0% | 5.3% | ||
| Q2 25 | -2.1% | 7.4% | ||
| Q1 25 | -2.7% | -0.6% | ||
| Q4 24 | -1.3% | 0.2% | ||
| Q3 24 | -0.5% | -14.3% | ||
| Q2 24 | -3.5% | 2.9% | ||
| Q1 24 | -6.1% | -10.8% |
净利率BANDCMP
| Q4 25 | — | 4.7% | ||
| Q3 25 | -0.6% | -3.2% | ||
| Q2 25 | -2.7% | -7.9% | ||
| Q1 25 | -2.1% | -6.5% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | 0.2% | -23.1% | ||
| Q2 24 | 2.3% | -21.5% | ||
| Q1 24 | -5.4% | -10.7% |
每股收益（稀释后）BANDCMP
| Q4 25 | $-0.10 | $0.43 | ||
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $-0.16 | $-0.41 | ||
| Q1 25 | $-0.13 | $-0.77 | ||
| Q4 24 | $0.27 | $-0.57 | ||
| Q3 24 | $0.01 | $-1.17 | ||
| Q2 24 | $-0.17 | $-1.05 | ||
| Q1 24 | $-0.35 | $-0.94 |
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 | $111.3M | $46.7M |
| 总债务越低越好 | — | $890.0M |
| 股东权益账面价值 | $400.0M | $260.5M |
| 总资产 | $1.1B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 3.42× |
8季度趋势，按日历期对齐
现金及短期投资BANDCMP
| Q4 25 | $111.3M | $46.7M | ||
| Q3 25 | $80.4M | $59.7M | ||
| Q2 25 | $68.1M | $79.4M | ||
| Q1 25 | $41.7M | $49.5M | ||
| Q4 24 | $83.8M | $45.8M | ||
| Q3 24 | $79.9M | $20.2M | ||
| Q2 24 | $76.4M | $12.8M | ||
| Q1 24 | $147.2M | $38.3M |
总债务BANDCMP
| Q4 25 | — | $890.0M | ||
| Q3 25 | — | $839.8M | ||
| Q2 25 | — | $833.4M | ||
| Q1 25 | — | $807.6M | ||
| Q4 24 | — | $974.4M | ||
| Q3 24 | — | $921.2M | ||
| Q2 24 | — | $875.1M | ||
| Q1 24 | — | $877.2M |
股东权益BANDCMP
| Q4 25 | $400.0M | $260.5M | ||
| Q3 25 | $392.7M | $234.1M | ||
| Q2 25 | $384.5M | $249.8M | ||
| Q1 25 | $345.4M | $236.5M | ||
| Q4 24 | $312.5M | $263.0M | ||
| Q3 24 | $336.6M | $316.6M | ||
| Q2 24 | $307.4M | $352.1M | ||
| Q1 24 | $298.2M | $400.4M |
总资产BANDCMP
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $964.4M | $1.5B | ||
| Q4 24 | $989.2M | $1.7B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.0B | $1.6B | ||
| Q1 24 | $1.1B | $1.7B |
负债/权益比BANDCMP
| Q4 25 | — | 3.42× | ||
| Q3 25 | — | 3.59× | ||
| Q2 25 | — | 3.34× | ||
| Q1 25 | — | 3.41× | ||
| Q4 24 | — | 3.70× | ||
| Q3 24 | — | 2.91× | ||
| Q2 24 | — | 2.49× | ||
| Q1 24 | — | 2.19× |
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 | $38.6M | $-37.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-59.8M |
| 自由现金流率自由现金流/营收 | — | -15.1% |
| 资本支出强度资本支出/营收 | — | 5.8% |
| 现金转化率经营现金流/净利润 | — | -1.99× |
| 过去12个月自由现金流最近4个季度 | — | $94.1M |
8季度趋势，按日历期对齐
经营现金流BANDCMP
| Q4 25 | $38.6M | $-37.0M | ||
| Q3 25 | $22.2M | $-6.9M | ||
| Q2 25 | $31.7M | $21.8M | ||
| Q1 25 | $-3.1M | $186.9M | ||
| Q4 24 | $36.5M | $-4.1M | ||
| Q3 24 | $20.5M | $-12.7M | ||
| Q2 24 | $24.4M | $-6.8M | ||
| Q1 24 | $2.5M | $86.2M |
自由现金流BANDCMP
| Q4 25 | — | $-59.8M | ||
| Q3 25 | — | $-22.8M | ||
| Q2 25 | — | $3.8M | ||
| Q1 25 | — | $172.9M | ||
| Q4 24 | — | $-25.9M | ||
| Q3 24 | — | $-33.6M | ||
| Q2 24 | — | $-21.5M | ||
| Q1 24 | — | $56.2M |
自由现金流率BANDCMP
| Q4 25 | — | -15.1% | ||
| Q3 25 | — | -10.0% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | -8.4% | ||
| Q3 24 | — | -16.1% | ||
| Q2 24 | — | -10.6% | ||
| Q1 24 | — | 15.4% |
资本支出强度BANDCMP
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 7.2% | ||
| Q1 24 | — | 8.2% |
现金转化率BANDCMP
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.55× | — | ||
| Q2 24 | 6.03× | — | ||
| Q1 24 | — | — |
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
BAND
| Messaging Surcharges | $192.4M | 93% |
| Other | $15.2M | 7% |
CMP
| Highway Deicing Salt | $210.8M | 53% |
| Consumer Industrial Salt | $120.7M | 30% |
| Plant Nutrition | $60.8M | 15% |
| Transferred Over Time | $2.8M | 1% |
| Other | $1.0M | 0% |
