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Bloom Energy Corp（BE）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Bloom Energy Corp的1.1倍（$814.9M vs $751.1M），Ubiquiti Inc.净利率更高（28.7% vs 9.4%，领先19.3%），Bloom Energy Corp同比增速更快（130.4% vs 35.8%），过去两年Bloom Energy Corp的营收复合增速更高（51.7% vs 28.6%）
Bloom Energy Corp是一家能源技术企业，由印裔美国工程师、发明家、企业家KR·斯里达尔创立，他同时担任公司董事长兼首席执行官。斯里达尔此前曾任亚利桑那大学航空航天与机械工程教授、空间技术实验室主任，曾为NASA提供顾问服务，现为美国国家工程院院士。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
BE vs UI — 直观对比
营收规模更大
UI
是对方的1.1倍
$751.1M
营收增速更快
BE
高出94.5%
35.8%
净利率更高
UI
高出19.3%
9.4%
两年增速更快
BE
近两年复合增速
28.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $751.1M | $814.9M |
| 净利润 | $70.7M | $233.6M |
| 毛利率 | 30.0% | 45.9% |
| 营业利润率 | 17.3% | 35.9% |
| 净利率 | 9.4% | 28.7% |
| 营收同比 | 130.4% | 35.8% |
| 净利润同比 | — | 70.8% |
| 每股收益（稀释后） | $0.44 | $3.86 |
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BEUI
| Q1 26 | $751.1M | — | ||
| Q4 25 | $772.8M | $814.9M | ||
| Q3 25 | $513.3M | $733.8M | ||
| Q2 25 | $396.3M | $759.2M | ||
| Q1 25 | $319.3M | $664.2M | ||
| Q4 24 | $567.0M | $599.9M | ||
| Q3 24 | $321.8M | $550.3M | ||
| Q2 24 | $326.5M | $507.5M |
净利润BEUI
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $233.6M | ||
| Q3 25 | $-23.0M | $207.9M | ||
| Q2 25 | $-42.2M | $266.7M | ||
| Q1 25 | $-23.4M | $180.4M | ||
| Q4 24 | $105.2M | $136.8M | ||
| Q3 24 | $-14.6M | $128.0M | ||
| Q2 24 | $-61.2M | $103.8M |
毛利率BEUI
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | 45.9% | ||
| Q3 25 | 29.5% | 46.0% | ||
| Q2 25 | 27.0% | 45.1% | ||
| Q1 25 | 27.8% | 44.5% | ||
| Q4 24 | 38.7% | 41.2% | ||
| Q3 24 | 24.5% | 42.1% | ||
| Q2 24 | 21.0% | 40.2% |
营业利润率BEUI
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | 35.9% | ||
| Q3 25 | 1.5% | 35.7% | ||
| Q2 25 | -0.9% | 34.4% | ||
| Q1 25 | -6.0% | 34.2% | ||
| Q4 24 | 18.5% | 29.8% | ||
| Q3 24 | -3.0% | 30.7% | ||
| Q2 24 | -7.1% | 27.3% |
净利率BEUI
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 28.7% | ||
| Q3 25 | -4.5% | 28.3% | ||
| Q2 25 | -10.6% | 35.1% | ||
| Q1 25 | -7.3% | 27.2% | ||
| Q4 24 | 18.5% | 22.8% | ||
| Q3 24 | -4.5% | 23.3% | ||
| Q2 24 | -18.7% | 20.5% |
每股收益（稀释后）BEUI
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $3.86 | ||
| Q3 25 | $-100.00 | $3.43 | ||
| Q2 25 | $-0.18 | $4.40 | ||
| Q1 25 | $-0.10 | $2.98 | ||
| Q4 24 | $0.45 | $2.26 | ||
| Q3 24 | $-0.06 | $2.12 | ||
| Q2 24 | $-0.27 | $1.72 |
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 | — | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $948.0K | $1.0B |
| 总资产 | $4.7B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资BEUI
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $302.8M | ||
| Q3 25 | $595.1M | $177.2M | ||
| Q2 25 | $574.8M | $149.7M | ||
| Q1 25 | $794.8M | $151.0M | ||
| Q4 24 | $802.9M | $133.1M | ||
| Q3 24 | $495.7M | $165.2M | ||
| Q2 24 | $581.7M | $126.3M |
总债务BEUI
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $47.5M | ||
| Q3 25 | $1.1B | $133.8M | ||
| Q2 25 | $1.1B | $250.0M | ||
| Q1 25 | $1.1B | $340.0M | ||
| Q4 24 | $1.1B | $406.3M | ||
| Q3 24 | $1.1B | $552.5M | ||
| Q2 24 | $1.1B | $708.1M |
股东权益BEUI
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $1.0B | ||
| Q3 25 | $653.1M | $828.4M | ||
| Q2 25 | $594.6M | $668.3M | ||
| Q1 25 | $578.3M | $436.1M | ||
| Q4 24 | $562.5M | $290.4M | ||
| Q3 24 | $430.9M | $188.1M | ||
| Q2 24 | $423.3M | $95.1M |
总资产BEUI
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $1.6B | ||
| Q3 25 | $2.6B | $1.5B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.7B | $1.2B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.5B | $1.2B |
负债/权益比BEUI
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 0.05× | ||
| Q3 25 | 1.73× | 0.16× | ||
| Q2 25 | 1.91× | 0.37× | ||
| Q1 25 | 1.96× | 0.78× | ||
| Q4 24 | 2.01× | 1.40× | ||
| Q3 24 | 2.62× | 2.94× | ||
| Q2 24 | 2.66× | 7.45× |
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 | — | $263.9M |
| 自由现金流经营现金流 - 资本支出 | — | $260.3M |
| 自由现金流率自由现金流/营收 | — | 31.9% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $699.5M |
8季度趋势，按日历期对齐
经营现金流BEUI
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $263.9M | ||
| Q3 25 | $19.7M | $198.5M | ||
| Q2 25 | $-213.1M | $130.4M | ||
| Q1 25 | $-110.7M | $123.6M | ||
| Q4 24 | $484.2M | $152.4M | ||
| Q3 24 | $-69.5M | $233.7M | ||
| Q2 24 | $-175.5M | $231.4M |
自由现金流BEUI
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $260.3M | ||
| Q3 25 | $7.4M | $193.3M | ||
| Q2 25 | $-220.4M | $125.2M | ||
| Q1 25 | $-124.9M | $120.7M | ||
| Q4 24 | $473.1M | $150.4M | ||
| Q3 24 | $-83.8M | $231.1M | ||
| Q2 24 | $-187.5M | $229.5M |
自由现金流率BEUI
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | 31.9% | ||
| Q3 25 | 1.4% | 26.3% | ||
| Q2 25 | -55.6% | 16.5% | ||
| Q1 25 | -39.1% | 18.2% | ||
| Q4 24 | 83.4% | 25.1% | ||
| Q3 24 | -26.0% | 42.0% | ||
| Q2 24 | -57.4% | 45.2% |
资本支出强度BEUI
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 0.4% | ||
| Q3 25 | 2.4% | 0.7% | ||
| Q2 25 | 1.8% | 0.7% | ||
| Q1 25 | 4.5% | 0.4% | ||
| Q4 24 | 2.0% | 0.3% | ||
| Q3 24 | 4.4% | 0.5% | ||
| Q2 24 | 3.7% | 0.4% |
现金转化率BEUI
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | 4.60× | 1.11× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.23× |
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
BE
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
