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Bandwidth Inc.（BAND）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是Bandwidth Inc.的1.3倍（$271.6M vs $208.8M），KADANT INC净利率更高（10.2% vs 1.9%，领先8.3%），Bandwidth Inc.同比增速更快（20.1% vs -0.0%），KADANT INC自由现金流更多（$44.1M vs $-1.0M），过去两年Bandwidth Inc.的营收复合增速更高（9.7% vs 6.7%）
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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
BAND vs KAI — 直观对比
营收规模更大
KAI
是对方的1.3倍
$208.8M
营收增速更快
BAND
高出20.1%
-0.0%
净利率更高
KAI
高出8.3%
1.9%
自由现金流更多
KAI
多$45.1M
$-1.0M
两年增速更快
BAND
近两年复合增速
6.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $208.8M | $271.6M |
| 净利润 | $4.0M | $27.7M |
| 毛利率 | 37.3% | 45.2% |
| 营业利润率 | 60.5% | 15.7% |
| 净利率 | 1.9% | 10.2% |
| 营收同比 | 20.1% | -0.0% |
| 净利润同比 | 200.0% | -12.2% |
| 每股收益（稀释后） | $-0.08 | $2.35 |
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BANDKAI
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | — | ||
| Q3 25 | $191.9M | $271.6M | ||
| Q2 25 | $180.0M | $255.3M | ||
| Q1 25 | $174.2M | $239.2M | ||
| Q4 24 | $210.0M | $258.0M | ||
| Q3 24 | $193.9M | $271.6M | ||
| Q2 24 | $173.6M | $274.8M |
净利润BANDKAI
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $-1.2M | $27.7M | ||
| Q2 25 | $-4.9M | $26.2M | ||
| Q1 25 | $-3.7M | $24.1M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | $413.0K | $31.6M | ||
| Q2 24 | $4.1M | $31.3M |
毛利率BANDKAI
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | — | ||
| Q3 25 | 38.5% | 45.2% | ||
| Q2 25 | 39.8% | 45.9% | ||
| Q1 25 | 41.0% | 46.1% | ||
| Q4 24 | 36.4% | 43.4% | ||
| Q3 24 | 37.7% | 44.7% | ||
| Q2 24 | 37.3% | 44.4% |
营业利润率BANDKAI
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | — | ||
| Q3 25 | -1.0% | 15.7% | ||
| Q2 25 | -2.1% | 15.4% | ||
| Q1 25 | -2.7% | 14.9% | ||
| Q4 24 | -1.3% | 14.3% | ||
| Q3 24 | -0.5% | 18.0% | ||
| Q2 24 | -3.5% | 17.6% |
净利率BANDKAI
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -0.6% | 10.2% | ||
| Q2 25 | -2.7% | 10.2% | ||
| Q1 25 | -2.1% | 10.1% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 0.2% | 11.6% | ||
| Q2 24 | 2.3% | 11.4% |
每股收益（稀释后）BANDKAI
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.04 | $2.35 | ||
| Q2 25 | $-0.16 | $2.22 | ||
| Q1 25 | $-0.13 | $2.04 | ||
| Q4 24 | $0.27 | $2.04 | ||
| Q3 24 | $0.01 | $2.68 | ||
| Q2 24 | $-0.17 | $2.66 |
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 | $124.5M |
| 总债务越低越好 | — | $254.6M |
| 股东权益账面价值 | $405.7M | $949.8M |
| 总资产 | $984.2M | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资BANDKAI
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | — | ||
| Q3 25 | $80.4M | $124.5M | ||
| Q2 25 | $68.1M | $95.3M | ||
| Q1 25 | $41.7M | $91.7M | ||
| Q4 24 | $83.8M | $94.7M | ||
| Q3 24 | $79.9M | $88.4M | ||
| Q2 24 | $76.4M | $73.8M |
总债务BANDKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $254.6M | ||
| Q2 25 | — | $245.7M | ||
| Q1 25 | — | $273.5M | ||
| Q4 24 | — | $285.2M | ||
| Q3 24 | — | $323.2M | ||
| Q2 24 | — | $342.0M |
股东权益BANDKAI
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | — | ||
| Q3 25 | $392.7M | $949.8M | ||
| Q2 25 | $384.5M | $926.0M | ||
| Q1 25 | $345.4M | $876.0M | ||
| Q4 24 | $312.5M | $847.1M | ||
| Q3 24 | $336.6M | $851.7M | ||
| Q2 24 | $307.4M | $807.7M |
总资产BANDKAI
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $964.4M | $1.4B | ||
| Q4 24 | $989.2M | $1.4B | ||
| Q3 24 | $1.0B | $1.5B | ||
| Q2 24 | $1.0B | $1.5B |
负债/权益比BANDKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× |
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 | — | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $44.1M |
| 自由现金流率自由现金流/营收 | -0.5% | 16.2% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.70× |
| 过去12个月自由现金流最近4个季度 | — | $145.9M |
8季度趋势，按日历期对齐
经营现金流BANDKAI
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | — | ||
| Q3 25 | $22.2M | $47.3M | ||
| Q2 25 | $31.7M | $40.5M | ||
| Q1 25 | $-3.1M | $22.8M | ||
| Q4 24 | $36.5M | $51.9M | ||
| Q3 24 | $20.5M | $52.5M | ||
| Q2 24 | $24.4M | $28.1M |
自由现金流BANDKAI
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $44.1M | ||
| Q2 25 | — | $36.5M | ||
| Q1 25 | — | $19.0M | ||
| Q4 24 | — | $46.3M | ||
| Q3 24 | — | $48.3M | ||
| Q2 24 | — | $23.1M |
自由现金流率BANDKAI
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 14.3% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 17.9% | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | — | 8.4% |
资本支出强度BANDKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.8% |
现金转化率BANDKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 0.95× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 49.55× | 1.66× | ||
| Q2 24 | 6.03× | 0.90× |
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
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
