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CALIX, INC（CALX）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
CALIX, INC的季度营收约是Ribbon Communications Inc.的1.7倍（$280.0M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 4.0%，领先50.8%），CALIX, INC同比增速更快（27.1% vs -10.3%），过去两年CALIX, INC的营收复合增速更高（18.9% vs -8.1%）
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。
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。
CALX vs RBBN — 直观对比
营收规模更大
CALX
是对方的1.7倍
$162.6M
营收增速更快
CALX
高出37.4%
-10.3%
净利率更高
RBBN
高出50.8%
4.0%
两年增速更快
CALX
近两年复合增速
-8.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $280.0M | $162.6M |
| 净利润 | $11.2M | $89.1M |
| 毛利率 | 56.9% | 42.9% |
| 营业利润率 | 47.6% | 37.6% |
| 净利率 | 4.0% | 54.8% |
| 营收同比 | 27.1% | -10.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.16 | $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CALXRBBN
| Q1 26 | $280.0M | $162.6M | ||
| Q4 25 | $272.4M | $227.3M | ||
| Q3 25 | $265.4M | $215.4M | ||
| Q2 25 | $241.9M | $220.6M | ||
| Q1 25 | $220.2M | $181.3M | ||
| Q4 24 | $206.1M | $251.4M | ||
| Q3 24 | $200.9M | $210.2M | ||
| Q2 24 | $198.1M | $192.6M |
净利润CALXRBBN
| Q1 26 | $11.2M | $89.1M | ||
| Q4 25 | $7.2M | — | ||
| Q3 25 | $15.7M | $-12.1M | ||
| Q2 25 | $-199.0K | $-11.1M | ||
| Q1 25 | $-4.8M | $-26.2M | ||
| Q4 24 | $-17.9M | — | ||
| Q3 24 | $-4.0M | $-13.4M | ||
| Q2 24 | $-8.0M | $-16.8M |
毛利率CALXRBBN
| Q1 26 | 56.9% | 42.9% | ||
| Q4 25 | 57.7% | 53.3% | ||
| Q3 25 | 57.3% | 50.1% | ||
| Q2 25 | 56.3% | 49.6% | ||
| Q1 25 | 55.7% | 45.4% | ||
| Q4 24 | 55.0% | 55.7% | ||
| Q3 24 | 54.8% | 52.1% | ||
| Q2 24 | 54.3% | 50.8% |
营业利润率CALXRBBN
| Q1 26 | 47.6% | 37.6% | ||
| Q4 25 | 3.4% | 4.1% | ||
| Q3 25 | 6.6% | 1.3% | ||
| Q2 25 | 0.2% | 1.9% | ||
| Q1 25 | -2.8% | -10.8% | ||
| Q4 24 | -9.1% | 13.2% | ||
| Q3 24 | -5.4% | -0.4% | ||
| Q2 24 | -5.7% | -1.0% |
净利率CALXRBBN
| Q1 26 | 4.0% | 54.8% | ||
| Q4 25 | 2.6% | — | ||
| Q3 25 | 5.9% | -5.6% | ||
| Q2 25 | -0.1% | -5.0% | ||
| Q1 25 | -2.2% | -14.5% | ||
| Q4 24 | -8.7% | — | ||
| Q3 24 | -2.0% | -6.4% | ||
| Q2 24 | -4.0% | -8.7% |
每股收益（稀释后）CALXRBBN
| Q1 26 | $0.16 | $0.50 | ||
| Q4 25 | $0.11 | $0.50 | ||
| Q3 25 | $0.22 | $-0.07 | ||
| Q2 25 | $0.00 | $-0.06 | ||
| Q1 25 | $-0.07 | $-0.15 | ||
| Q4 24 | $-0.27 | $0.05 | ||
| Q3 24 | $-0.06 | $-0.08 | ||
| Q2 24 | $-0.12 | $-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 | $54.6M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $738.0M | $419.1M |
| 总资产 | — | — |
| 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CALXRBBN
| Q1 26 | $54.6M | $67.6M | ||
| Q4 25 | $143.1M | $96.4M | ||
| Q3 25 | $95.0M | $74.8M | ||
| Q2 25 | $76.5M | $60.5M | ||
| Q1 25 | $42.3M | $71.2M | ||
| Q4 24 | $43.2M | $87.8M | ||
| Q3 24 | $62.4M | $37.2M | ||
| Q2 24 | $84.5M | $64.6M |
总债务CALXRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $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CALXRBBN
| Q1 26 | $738.0M | $419.1M | ||
| Q4 25 | $859.2M | $449.0M | ||
| Q3 25 | $822.5M | $360.1M | ||
| Q2 25 | $772.7M | $370.4M | ||
| Q1 25 | $767.2M | $381.8M | ||
| Q4 24 | $780.9M | $404.6M | ||
| Q3 24 | $778.7M | $395.5M | ||
| Q2 24 | $754.2M | $405.0M |
总资产CALXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $976.4M | $1.1B | ||
| Q2 25 | $921.4M | $1.1B | ||
| Q1 25 | $917.1M | $1.1B | ||
| Q4 24 | $939.3M | $1.2B | ||
| Q3 24 | $937.5M | $1.1B | ||
| Q2 24 | $917.9M | $1.1B |
负债/权益比CALXRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 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 | $14.6M | — |
| 自由现金流经营现金流 - 资本支出 | $6.5M | — |
| 自由现金流率自由现金流/营收 | 2.3% | — |
| 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 | 1.31× | — |
| 过去12个月自由现金流最近4个季度 | $109.1M | — |
8季度趋势，按日历期对齐
经营现金流CALXRBBN
| Q1 26 | $14.6M | — | ||
| Q4 25 | $46.0M | $29.2M | ||
| Q3 25 | $32.3M | $26.5M | ||
| Q2 25 | $39.4M | $-795.0K | ||
| Q1 25 | $17.2M | $-3.5M | ||
| Q4 24 | $15.4M | $61.8M | ||
| Q3 24 | $16.0M | $-14.8M | ||
| Q2 24 | $22.3M | $-9.8M |
自由现金流CALXRBBN
| Q1 26 | $6.5M | — | ||
| Q4 25 | $40.3M | $27.3M | ||
| Q3 25 | $26.7M | $21.0M | ||
| Q2 25 | $35.6M | $-6.5M | ||
| Q1 25 | $12.9M | $-15.7M | ||
| Q4 24 | $10.2M | $53.8M | ||
| Q3 24 | $12.8M | $-23.7M | ||
| Q2 24 | $16.4M | $-12.9M |
自由现金流率CALXRBBN
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.8% | 12.0% | ||
| Q3 25 | 10.1% | 9.7% | ||
| Q2 25 | 14.7% | -2.9% | ||
| Q1 25 | 5.9% | -8.7% | ||
| Q4 24 | 5.0% | 21.4% | ||
| Q3 24 | 6.3% | -11.3% | ||
| Q2 24 | 8.3% | -6.7% |
资本支出强度CALXRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 0.9% | ||
| Q3 25 | 2.1% | 2.6% | ||
| Q2 25 | 1.5% | 2.6% | ||
| Q1 25 | 2.0% | 6.7% | ||
| Q4 24 | 2.5% | 3.2% | ||
| Q3 24 | 1.6% | 4.2% | ||
| Q2 24 | 3.0% | 1.6% |
现金转化率CALXRBBN
| Q1 26 | 1.31× | — | ||
| Q4 25 | 6.38× | — | ||
| Q3 25 | 2.06× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
CALX
| Appliance | $232.8M | 83% |
| Software and service | $47.1M | 17% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
