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Bandwidth Inc.（BAND）与JBG SMITH Properties（JBGS）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JBG SMITH Properties的1.6倍（$208.8M vs $127.6M），Bandwidth Inc.净利率更高（1.9% vs -18.1%，领先20.0%），Bandwidth Inc.同比增速更快（20.1% vs 5.7%），过去两年Bandwidth Inc.的营收复合增速更高（9.7% vs -2.9%）
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。
JBG SMITH Properties是一家总部位于马里兰州贝塞斯达的上市房地产投资信托公司，专注于持有并运营房地产资产，是美国商业地产领域的专业运营机构，面向市场提供多元化的不动产投资与管理服务。
BAND vs JBGS — 直观对比
营收规模更大
BAND
是对方的1.6倍
$127.6M
营收增速更快
BAND
高出14.4%
5.7%
净利率更高
BAND
高出20.0%
-18.1%
两年增速更快
BAND
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $208.8M | $127.6M |
| 净利润 | $4.0M | $-23.0M |
| 毛利率 | 37.3% | — |
| 营业利润率 | 60.5% | — |
| 净利率 | 1.9% | -18.1% |
| 营收同比 | 20.1% | 5.7% |
| 净利润同比 | 200.0% | 57.1% |
| 每股收益（稀释后） | $-0.08 | $-0.32 |
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BANDJBGS
| Q1 26 | $208.8M | $127.6M | ||
| Q4 25 | $207.7M | $127.6M | ||
| Q3 25 | $191.9M | $123.9M | ||
| Q2 25 | $180.0M | $126.5M | ||
| Q1 25 | $174.2M | $120.7M | ||
| Q4 24 | $210.0M | $130.8M | ||
| Q3 24 | $193.9M | $136.0M | ||
| Q2 24 | $173.6M | $135.3M |
净利润BANDJBGS
| Q1 26 | $4.0M | $-23.0M | ||
| Q4 25 | — | $-45.5M | ||
| Q3 25 | $-1.2M | $-28.6M | ||
| Q2 25 | $-4.9M | $-19.2M | ||
| Q1 25 | $-3.7M | $-45.7M | ||
| Q4 24 | — | $-59.9M | ||
| Q3 24 | $413.0K | $-27.0M | ||
| Q2 24 | $4.1M | $-24.4M |
毛利率BANDJBGS
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 41.0% | — | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 37.3% | — |
营业利润率BANDJBGS
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | -47.5% | ||
| Q3 25 | -1.0% | -27.5% | ||
| Q2 25 | -2.1% | -18.4% | ||
| Q1 25 | -2.7% | -44.7% | ||
| Q4 24 | -1.3% | -53.6% | ||
| Q3 24 | -0.5% | -22.4% | ||
| Q2 24 | -3.5% | -24.3% |
净利率BANDJBGS
| Q1 26 | 1.9% | -18.1% | ||
| Q4 25 | — | -35.7% | ||
| Q3 25 | -0.6% | -23.1% | ||
| Q2 25 | -2.7% | -15.2% | ||
| Q1 25 | -2.1% | -37.9% | ||
| Q4 24 | — | -45.8% | ||
| Q3 24 | 0.2% | -19.8% | ||
| Q2 24 | 2.3% | -18.0% |
每股收益（稀释后）BANDJBGS
| Q1 26 | $-0.08 | $-0.32 | ||
| Q4 25 | $-0.10 | $-0.76 | ||
| Q3 25 | $-0.04 | $-0.48 | ||
| Q2 25 | $-0.16 | $-0.29 | ||
| Q1 25 | $-0.13 | $-0.56 | ||
| Q4 24 | $0.27 | $-0.70 | ||
| Q3 24 | $0.01 | $-0.32 | ||
| Q2 24 | $-0.17 | $-0.27 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $405.7M | — |
| 总资产 | $984.2M | $4.3B |
| 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BANDJBGS
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $75.3M | ||
| Q3 25 | $80.4M | $64.4M | ||
| Q2 25 | $68.1M | $61.4M | ||
| Q1 25 | $41.7M | $81.3M | ||
| Q4 24 | $83.8M | $145.8M | ||
| Q3 24 | $79.9M | $137.0M | ||
| Q2 24 | $76.4M | $163.5M |
股东权益BANDJBGS
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $1.2B | ||
| Q3 25 | $392.7M | $1.2B | ||
| Q2 25 | $384.5M | $1.3B | ||
| Q1 25 | $345.4M | $1.6B | ||
| Q4 24 | $312.5M | $1.8B | ||
| Q3 24 | $336.6M | $1.9B | ||
| Q2 24 | $307.4M | $2.0B |
总资产BANDJBGS
| Q1 26 | $984.2M | $4.3B | ||
| Q4 25 | $1.1B | $4.4B | ||
| Q3 25 | $1.0B | $4.4B | ||
| Q2 25 | $1.0B | $4.5B | ||
| Q1 25 | $964.4M | $4.7B | ||
| Q4 24 | $989.2M | $5.0B | ||
| Q3 24 | $1.0B | $5.2B | ||
| Q2 24 | $1.0B | $5.3B |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | — |
| 自由现金流率自由现金流/营收 | -0.5% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BANDJBGS
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $73.3M | ||
| Q3 25 | $22.2M | $8.9M | ||
| Q2 25 | $31.7M | $18.8M | ||
| Q1 25 | $-3.1M | $12.9M | ||
| Q4 24 | $36.5M | $129.4M | ||
| Q3 24 | $20.5M | $26.4M | ||
| Q2 24 | $24.4M | $23.8M |
自由现金流BANDJBGS
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率BANDJBGS
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率BANDJBGS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.55× | — | ||
| Q2 24 | 6.03× | — |
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
JBGS
| Property rental | $105.9M | 83% |
| Third-party real estate services, including reimbursements | $17.2M | 13% |
| Other revenue | $4.5M | 4% |
