vs
Bandwidth Inc.（BAND）与IMAX（IMAX）财务数据对比。点击上方公司名可切换其他公司
Bandwidth Inc.的季度营收约是IMAX的1.7倍（$208.8M vs $125.2M），Bandwidth Inc.净利率更高（1.9% vs 0.5%，领先1.4%），IMAX同比增速更快（35.1% vs 20.1%），IMAX自由现金流更多（$28.0M vs $-1.0M），过去两年IMAX的营收复合增速更高（25.8% vs 9.7%）
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。
IMAX公司是加拿大的影视放映技术企业，1967年创立于蒙特利尔，总部位于多伦多地区，在纽约、洛杉矶均设有业务点。核心业务包括IMAX摄影机与放映系统的设计制造，同时面向全球合作影院提供影片开发、制作、后期及发行服务，是沉浸式观影技术领域的领先企业。
BAND vs IMAX — 直观对比
营收规模更大
BAND
是对方的1.7倍
$125.2M
营收增速更快
IMAX
高出15.0%
20.1%
净利率更高
BAND
高出1.4%
0.5%
自由现金流更多
IMAX
多$29.0M
$-1.0M
两年增速更快
IMAX
近两年复合增速
9.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $208.8M | $125.2M |
| 净利润 | $4.0M | $637.0K |
| 毛利率 | 37.3% | 57.6% |
| 营业利润率 | 60.5% | 19.3% |
| 净利率 | 1.9% | 0.5% |
| 营收同比 | 20.1% | 35.1% |
| 净利润同比 | 200.0% | -88.0% |
| 每股收益（稀释后） | $-0.08 | $0.02 |
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BANDIMAX
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | $125.2M | ||
| Q3 25 | $191.9M | $106.7M | ||
| Q2 25 | $180.0M | $91.7M | ||
| Q1 25 | $174.2M | $86.7M | ||
| Q4 24 | $210.0M | $92.7M | ||
| Q3 24 | $193.9M | $91.5M | ||
| Q2 24 | $173.6M | $89.0M |
净利润BANDIMAX
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $637.0K | ||
| Q3 25 | $-1.2M | $20.7M | ||
| Q2 25 | $-4.9M | $11.3M | ||
| Q1 25 | $-3.7M | $2.3M | ||
| Q4 24 | — | $5.3M | ||
| Q3 24 | $413.0K | $13.9M | ||
| Q2 24 | $4.1M | $3.6M |
毛利率BANDIMAX
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | 57.6% | ||
| Q3 25 | 38.5% | 63.1% | ||
| Q2 25 | 39.8% | 58.5% | ||
| Q1 25 | 41.0% | 61.4% | ||
| Q4 24 | 36.4% | 52.2% | ||
| Q3 24 | 37.7% | 55.8% | ||
| Q2 24 | 37.3% | 49.4% |
营业利润率BANDIMAX
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | 19.3% | ||
| Q3 25 | -1.0% | 27.2% | ||
| Q2 25 | -2.1% | 15.6% | ||
| Q1 25 | -2.7% | 19.3% | ||
| Q4 24 | -1.3% | 10.3% | ||
| Q3 24 | -0.5% | 21.2% | ||
| Q2 24 | -3.5% | 3.2% |
净利率BANDIMAX
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 0.5% | ||
| Q3 25 | -0.6% | 19.4% | ||
| Q2 25 | -2.7% | 12.3% | ||
| Q1 25 | -2.1% | 2.7% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 0.2% | 15.2% | ||
| Q2 24 | 2.3% | 4.0% |
每股收益（稀释后）BANDIMAX
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | $0.02 | ||
| Q3 25 | $-0.04 | $0.37 | ||
| Q2 25 | $-0.16 | $0.20 | ||
| Q1 25 | $-0.13 | $0.04 | ||
| Q4 24 | $0.27 | $0.09 | ||
| Q3 24 | $0.01 | $0.26 | ||
| Q2 24 | $-0.17 | $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 | $47.3M | $151.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $405.7M | $337.9M |
| 总资产 | $984.2M | $894.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BANDIMAX
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $151.2M | ||
| Q3 25 | $80.4M | $143.1M | ||
| Q2 25 | $68.1M | $109.3M | ||
| Q1 25 | $41.7M | $97.1M | ||
| Q4 24 | $83.8M | $100.6M | ||
| Q3 24 | $79.9M | $104.5M | ||
| Q2 24 | $76.4M | $91.6M |
股东权益BANDIMAX
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $337.9M | ||
| Q3 25 | $392.7M | $349.5M | ||
| Q2 25 | $384.5M | $320.4M | ||
| Q1 25 | $345.4M | $299.5M | ||
| Q4 24 | $312.5M | $299.5M | ||
| Q3 24 | $336.6M | $289.4M | ||
| Q2 24 | $307.4M | $267.2M |
总资产BANDIMAX
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $894.0M | ||
| Q3 25 | $1.0B | $889.6M | ||
| Q2 25 | $1.0B | $868.6M | ||
| Q1 25 | $964.4M | $848.3M | ||
| Q4 24 | $989.2M | $830.4M | ||
| Q3 24 | $1.0B | $847.6M | ||
| Q2 24 | $1.0B | $827.4M |
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 | — | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $28.0M |
| 自由现金流率自由现金流/营收 | -0.5% | 22.3% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 46.11× |
| 过去12个月自由现金流最近4个季度 | — | $118.9M |
8季度趋势，按日历期对齐
经营现金流BANDIMAX
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $29.4M | ||
| Q3 25 | $22.2M | $67.5M | ||
| Q2 25 | $31.7M | $23.2M | ||
| Q1 25 | $-3.1M | $7.0M | ||
| Q4 24 | $36.5M | $11.5M | ||
| Q3 24 | $20.5M | $35.3M | ||
| Q2 24 | $24.4M | $35.0M |
自由现金流BANDIMAX
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $28.0M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | — | $20.9M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | — | $6.9M | ||
| Q3 24 | — | $34.2M | ||
| Q2 24 | — | $33.5M |
自由现金流率BANDIMAX
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 60.7% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 37.3% | ||
| Q2 24 | — | 37.6% |
资本支出强度BANDIMAX
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.8% |
现金转化率BANDIMAX
| Q1 26 | — | — | ||
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 49.55× | 2.54× | ||
| Q2 24 | 6.03× | 9.78× |
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
暂无分部数据
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
