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CALIX, INC（CALX）与Gogo Inc.（GOGO）财务数据对比。点击上方公司名可切换其他公司
CALIX, INC的季度营收约是Gogo Inc.的1.2倍（$280.0M vs $230.6M）。CALIX, INC净利率更高（4.0% vs -4.3%，领先8.3%）。Gogo Inc.同比增速更快（67.3% vs 27.1%）。CALIX, INC自由现金流更多（$6.5M vs $-25.4M）。过去两年Gogo Inc.的营收复合增速更高（48.7% vs 18.9%）
Calix是1999年成立、总部位于美国加利福尼亚州圣何塞的电信企业，专注于提供软件平台、系统及相关服务，为宽带业务的部署落地提供技术支撑，助力运营商为用户提供稳定高效的网络接入服务。
Gogo Inc.是美国公务机机载宽带互联网及连接服务提供商，总部位于科罗拉多州布鲁姆菲尔德。截至目前，已有超过2500架商用飞机和6600架公务机安装了该公司的机载Wi-Fi服务。该公司曾面向民航业提供机上WiFi服务，2020年12月已将这块民航业务以4亿美元出售给国际通信卫星组织。
CALX vs GOGO — 直观对比
营收规模更大
CALX
是对方的1.2倍
$230.6M
营收增速更快
GOGO
高出40.2%
27.1%
净利率更高
CALX
高出8.3%
-4.3%
自由现金流更多
CALX
多$31.9M
$-25.4M
两年增速更快
GOGO
近两年复合增速
18.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $280.0M | $230.6M |
| 净利润 | $11.2M | $-10.0M |
| 毛利率 | 56.9% | — |
| 营业利润率 | — | 6.2% |
| 净利率 | 4.0% | -4.3% |
| 营收同比 | 27.1% | 67.3% |
| 净利润同比 | 334.2% | 64.6% |
| 每股收益（稀释后） | $0.16 | $-0.08 |
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CALXGOGO
| Q1 26 | $280.0M | — | ||
| Q4 25 | $272.4M | $230.6M | ||
| Q3 25 | $265.4M | $223.6M | ||
| Q2 25 | $241.9M | $226.0M | ||
| Q1 25 | $220.2M | $230.3M | ||
| Q4 24 | $206.1M | $137.8M | ||
| Q3 24 | $200.9M | $100.5M | ||
| Q2 24 | $198.1M | $102.1M |
净利润CALXGOGO
| Q1 26 | $11.2M | — | ||
| Q4 25 | $7.2M | $-10.0M | ||
| Q3 25 | $15.7M | $-1.9M | ||
| Q2 25 | $-199.0K | $12.8M | ||
| Q1 25 | $-4.8M | $12.0M | ||
| Q4 24 | $-17.9M | $-28.2M | ||
| Q3 24 | $-4.0M | $10.6M | ||
| Q2 24 | $-8.0M | $839.0K |
毛利率CALXGOGO
| Q1 26 | 56.9% | — | ||
| Q4 25 | 57.7% | — | ||
| Q3 25 | 57.3% | — | ||
| Q2 25 | 56.3% | 87.8% | ||
| Q1 25 | 55.7% | 87.3% | ||
| Q4 24 | 55.0% | — | ||
| Q3 24 | 54.8% | — | ||
| Q2 24 | 54.3% | — |
营业利润率CALXGOGO
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 6.2% | ||
| Q3 25 | 6.6% | 12.9% | ||
| Q2 25 | 0.2% | 15.9% | ||
| Q1 25 | -2.8% | 15.3% | ||
| Q4 24 | -9.1% | -17.5% | ||
| Q3 24 | -5.4% | 19.0% | ||
| Q2 24 | -5.7% | 21.2% |
净利率CALXGOGO
| Q1 26 | 4.0% | — | ||
| Q4 25 | 2.6% | -4.3% | ||
| Q3 25 | 5.9% | -0.9% | ||
| Q2 25 | -0.1% | 5.7% | ||
| Q1 25 | -2.2% | 5.2% | ||
| Q4 24 | -8.7% | -20.5% | ||
| Q3 24 | -2.0% | 10.6% | ||
| Q2 24 | -4.0% | 0.8% |
每股收益（稀释后）CALXGOGO
| Q1 26 | $0.16 | — | ||
| Q4 25 | $0.11 | $-0.08 | ||
| Q3 25 | $0.22 | $-0.01 | ||
| Q2 25 | $0.00 | $0.09 | ||
| Q1 25 | $-0.07 | $0.09 | ||
| Q4 24 | $-0.27 | $-0.22 | ||
| Q3 24 | $-0.06 | $0.08 | ||
| Q2 24 | $-0.12 | $0.01 |
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 | $54.6M | $125.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $738.0M | $101.1M |
| 总资产 | — | $1.3B |
| 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CALXGOGO
| Q1 26 | $54.6M | — | ||
| Q4 25 | $143.1M | $125.2M | ||
| Q3 25 | $95.0M | $133.6M | ||
| Q2 25 | $76.5M | $102.1M | ||
| Q1 25 | $42.3M | $70.3M | ||
| Q4 24 | $43.2M | $41.8M | ||
| Q3 24 | $62.4M | $176.7M | ||
| Q2 24 | $84.5M | $161.6M |
股东权益CALXGOGO
| Q1 26 | $738.0M | — | ||
| Q4 25 | $859.2M | $101.1M | ||
| Q3 25 | $822.5M | $107.0M | ||
| Q2 25 | $772.7M | $102.8M | ||
| Q1 25 | $767.2M | $82.9M | ||
| Q4 24 | $780.9M | $69.3M | ||
| Q3 24 | $778.7M | $52.7M | ||
| Q2 24 | $754.2M | $52.0M |
总资产CALXGOGO
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $976.4M | $1.3B | ||
| Q2 25 | $921.4M | $1.3B | ||
| Q1 25 | $917.1M | $1.2B | ||
| Q4 24 | $939.3M | $1.2B | ||
| Q3 24 | $937.5M | $810.7M | ||
| Q2 24 | $917.9M | $802.7M |
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 | $14.6M | $8.5M |
| 自由现金流经营现金流 - 资本支出 | $6.5M | $-25.4M |
| 自由现金流率自由现金流/营收 | 2.3% | -11.0% |
| 资本支出强度资本支出/营收 | — | 14.7% |
| 现金转化率经营现金流/净利润 | 1.31× | — |
| 过去12个月自由现金流最近4个季度 | $109.1M | $65.1M |
8季度趋势，按日历期对齐
经营现金流CALXGOGO
| Q1 26 | $14.6M | — | ||
| Q4 25 | $46.0M | $8.5M | ||
| Q3 25 | $32.3M | $46.8M | ||
| Q2 25 | $39.4M | $36.7M | ||
| Q1 25 | $17.2M | $32.5M | ||
| Q4 24 | $15.4M | $-38.3M | ||
| Q3 24 | $16.0M | $25.1M | ||
| Q2 24 | $22.3M | $24.9M |
自由现金流CALXGOGO
| Q1 26 | $6.5M | — | ||
| Q4 25 | $40.3M | $-25.4M | ||
| Q3 25 | $26.7M | $27.3M | ||
| Q2 25 | $35.6M | $33.5M | ||
| Q1 25 | $12.9M | $29.7M | ||
| Q4 24 | $10.2M | $-42.6M | ||
| Q3 24 | $12.8M | $20.7M | ||
| Q2 24 | $16.4M | $21.6M |
自由现金流率CALXGOGO
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.8% | -11.0% | ||
| Q3 25 | 10.1% | 12.2% | ||
| Q2 25 | 14.7% | 14.8% | ||
| Q1 25 | 5.9% | 12.9% | ||
| Q4 24 | 5.0% | -30.9% | ||
| Q3 24 | 6.3% | 20.6% | ||
| Q2 24 | 8.3% | 21.1% |
资本支出强度CALXGOGO
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 14.7% | ||
| Q3 25 | 2.1% | 8.7% | ||
| Q2 25 | 1.5% | 1.4% | ||
| Q1 25 | 2.0% | 1.2% | ||
| Q4 24 | 2.5% | 3.1% | ||
| Q3 24 | 1.6% | 4.4% | ||
| Q2 24 | 3.0% | 3.3% |
现金转化率CALXGOGO
| Q1 26 | 1.31× | — | ||
| Q4 25 | 6.38× | — | ||
| Q3 25 | 2.06× | — | ||
| Q2 25 | — | 2.87× | ||
| Q1 25 | — | 2.70× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 29.74× |
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
CALX
| Appliance | $232.8M | 83% |
| Software and service | $47.1M | 17% |
GOGO
| Services | $191.9M | 83% |
| Products | $38.7M | 17% |
| Fcc Reimbursement Program | $2.0M | 1% |
