vs
Bowhead Specialty Holdings Inc.（BOW）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
Ribbon Communications Inc.的季度营收约是Bowhead Specialty Holdings Inc.的1.1倍（$162.6M vs $151.7M），Ribbon Communications Inc.净利率更高（54.8% vs 9.8%，领先45.0%）
Bowhead Specialty Holdings Inc.是一家专业保险控股企业，主营财产及意外伤害保险产品，聚焦北美地区服务不足的小众细分市场，为商业和个人客户提供定制化风险管理方案与专属保险保障服务。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
BOW vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.1倍
$151.7M
净利率更高
RBBN
高出45.0%
9.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $151.7M | $162.6M |
| 净利润 | $14.8M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 11.7% | 37.6% |
| 净利率 | 9.8% | 54.8% |
| 营收同比 | — | -10.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.44 | $0.50 |
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BOWRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $151.7M | $227.3M | ||
| Q3 25 | $143.9M | $215.4M | ||
| Q2 25 | $133.3M | $220.6M | ||
| Q1 25 | $122.7M | $181.3M | ||
| Q4 24 | — | $251.4M | ||
| Q3 24 | $116.8M | $210.2M | ||
| Q2 24 | $98.9M | $192.6M |
净利润BOWRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $14.8M | — | ||
| Q3 25 | $15.2M | $-12.1M | ||
| Q2 25 | $12.3M | $-11.1M | ||
| Q1 25 | $11.4M | $-26.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $12.1M | $-13.4M | ||
| Q2 24 | $5.5M | $-16.8M |
毛利率BOWRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率BOWRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 11.7% | 4.1% | ||
| Q3 25 | 13.3% | 1.3% | ||
| Q2 25 | 11.9% | 1.9% | ||
| Q1 25 | 11.8% | -10.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 13.5% | -0.4% | ||
| Q2 24 | 7.5% | -1.0% |
净利率BOWRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 9.8% | — | ||
| Q3 25 | 10.5% | -5.6% | ||
| Q2 25 | 9.3% | -5.0% | ||
| Q1 25 | 9.3% | -14.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.4% | -6.4% | ||
| Q2 24 | 5.6% | -8.7% |
每股收益（稀释后）BOWRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.44 | $0.50 | ||
| Q3 25 | $0.45 | $-0.07 | ||
| Q2 25 | $0.36 | $-0.06 | ||
| Q1 25 | $0.34 | $-0.15 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | $0.36 | $-0.08 | ||
| Q2 24 | $0.20 | $-0.10 |
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 | $193.5M | $67.6M |
| 总债务越低越好 | $146.4M | — |
| 股东权益账面价值 | $448.3M | $419.1M |
| 总资产 | $2.4B | — |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资BOWRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $193.5M | $96.4M | ||
| Q3 25 | $197.9M | $74.8M | ||
| Q2 25 | $114.8M | $60.5M | ||
| Q1 25 | $88.0M | $71.2M | ||
| Q4 24 | — | $87.8M | ||
| Q3 24 | $132.9M | $37.2M | ||
| Q2 24 | $180.3M | $64.6M |
总债务BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $146.4M | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益BOWRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $448.3M | $449.0M | ||
| Q3 25 | $430.2M | $360.1M | ||
| Q2 25 | $407.2M | $370.4M | ||
| Q1 25 | $391.0M | $381.8M | ||
| Q4 24 | — | $404.6M | ||
| Q3 24 | $364.7M | $395.5M | ||
| Q2 24 | $339.9M | $405.0M |
总资产BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.8B | $1.1B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B |
负债/权益比BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.86× |
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 | $331.6M | — |
| 自由现金流经营现金流 - 资本支出 | $326.0M | — |
| 自由现金流率自由现金流/营收 | 214.9% | — |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 22.34× | — |
| 过去12个月自由现金流最近4个季度 | $593.4M | — |
8季度趋势，按日历期对齐
经营现金流BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $331.6M | $29.2M | ||
| Q3 25 | $114.7M | $26.5M | ||
| Q2 25 | $109.0M | $-795.0K | ||
| Q1 25 | $47.7M | $-3.5M | ||
| Q4 24 | — | $61.8M | ||
| Q3 24 | $119.4M | $-14.8M | ||
| Q2 24 | — | $-9.8M |
自由现金流BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $326.0M | $27.3M | ||
| Q3 25 | $113.5M | $21.0M | ||
| Q2 25 | $107.4M | $-6.5M | ||
| Q1 25 | $46.5M | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | $118.4M | $-23.7M | ||
| Q2 24 | — | $-12.9M |
自由现金流率BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | 214.9% | 12.0% | ||
| Q3 25 | 78.8% | 9.7% | ||
| Q2 25 | 80.6% | -2.9% | ||
| Q1 25 | 37.9% | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | 101.4% | -11.3% | ||
| Q2 24 | — | -6.7% |
资本支出强度BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 0.9% | ||
| Q3 25 | 0.9% | 2.6% | ||
| Q2 25 | 1.2% | 2.6% | ||
| Q1 25 | 1.0% | 6.7% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | 0.9% | 4.2% | ||
| Q2 24 | — | 1.6% |
现金转化率BOWRBBN
| Q1 26 | — | — | ||
| Q4 25 | 22.34× | — | ||
| Q3 25 | 7.56× | — | ||
| Q2 25 | 8.83× | — | ||
| Q1 25 | 4.18× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 9.88× | — | ||
| Q2 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
BOW
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
