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CALIX, INC（CALX）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是CALIX, INC的1.6倍（$461.6M vs $280.0M），RBC Bearings INC净利率更高（14.6% vs 4.0%，领先10.6%），CALIX, INC同比增速更快（27.1% vs 17.0%），RBC Bearings INC自由现金流更多（$99.1M vs $6.5M），过去两年CALIX, INC的营收复合增速更高（18.9% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
CALX vs RBC — 直观对比
营收规模更大
RBC
是对方的1.6倍
$280.0M
营收增速更快
CALX
高出10.1%
17.0%
净利率更高
RBC
高出10.6%
4.0%
自由现金流更多
RBC
多$92.6M
$6.5M
两年增速更快
CALX
近两年复合增速
5.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $280.0M | $461.6M |
| 净利润 | $11.2M | $67.4M |
| 毛利率 | 56.9% | 44.3% |
| 营业利润率 | 47.6% | 22.3% |
| 净利率 | 4.0% | 14.6% |
| 营收同比 | 27.1% | 17.0% |
| 净利润同比 | — | 16.4% |
| 每股收益（稀释后） | $0.16 | $2.13 |
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CALXRBC
| Q1 26 | $280.0M | — | ||
| Q4 25 | $272.4M | $461.6M | ||
| Q3 25 | $265.4M | $455.3M | ||
| Q2 25 | $241.9M | $436.0M | ||
| Q1 25 | $220.2M | $437.7M | ||
| Q4 24 | $206.1M | $394.4M | ||
| Q3 24 | $200.9M | $397.9M | ||
| Q2 24 | $198.1M | $406.3M |
净利润CALXRBC
| Q1 26 | $11.2M | — | ||
| Q4 25 | $7.2M | $67.4M | ||
| Q3 25 | $15.7M | $60.0M | ||
| Q2 25 | $-199.0K | $68.5M | ||
| Q1 25 | $-4.8M | $72.7M | ||
| Q4 24 | $-17.9M | $57.9M | ||
| Q3 24 | $-4.0M | $54.2M | ||
| Q2 24 | $-8.0M | $61.4M |
毛利率CALXRBC
| Q1 26 | 56.9% | — | ||
| Q4 25 | 57.7% | 44.3% | ||
| Q3 25 | 57.3% | 44.1% | ||
| Q2 25 | 56.3% | 44.8% | ||
| Q1 25 | 55.7% | 44.2% | ||
| Q4 24 | 55.0% | 44.3% | ||
| Q3 24 | 54.8% | 43.7% | ||
| Q2 24 | 54.3% | 45.3% |
营业利润率CALXRBC
| Q1 26 | 47.6% | — | ||
| Q4 25 | 3.4% | 22.3% | ||
| Q3 25 | 6.6% | 21.5% | ||
| Q2 25 | 0.2% | 23.2% | ||
| Q1 25 | -2.8% | 23.0% | ||
| Q4 24 | -9.1% | 21.7% | ||
| Q3 24 | -5.4% | 21.6% | ||
| Q2 24 | -5.7% | 24.0% |
净利率CALXRBC
| Q1 26 | 4.0% | — | ||
| Q4 25 | 2.6% | 14.6% | ||
| Q3 25 | 5.9% | 13.2% | ||
| Q2 25 | -0.1% | 15.7% | ||
| Q1 25 | -2.2% | 16.6% | ||
| Q4 24 | -8.7% | 14.7% | ||
| Q3 24 | -2.0% | 13.6% | ||
| Q2 24 | -4.0% | 15.1% |
每股收益（稀释后）CALXRBC
| Q1 26 | $0.16 | — | ||
| Q4 25 | $0.11 | $2.13 | ||
| Q3 25 | $0.22 | $1.90 | ||
| Q2 25 | $0.00 | $2.17 | ||
| Q1 25 | $-0.07 | $2.33 | ||
| Q4 24 | $-0.27 | $1.82 | ||
| Q3 24 | $-0.06 | $1.65 | ||
| Q2 24 | $-0.12 | $1.90 |
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 | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $738.0M | $3.3B |
| 总资产 | — | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资CALXRBC
| Q1 26 | $54.6M | — | ||
| Q4 25 | $143.1M | $107.6M | ||
| Q3 25 | $95.0M | $91.2M | ||
| Q2 25 | $76.5M | $132.9M | ||
| Q1 25 | $42.3M | $36.8M | ||
| Q4 24 | $43.2M | — | ||
| Q3 24 | $62.4M | — | ||
| Q2 24 | $84.5M | $76.8M |
总债务CALXRBC
| Q1 26 | — | — | ||
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CALXRBC
| Q1 26 | $738.0M | — | ||
| Q4 25 | $859.2M | $3.3B | ||
| Q3 25 | $822.5M | $3.2B | ||
| Q2 25 | $772.7M | $3.1B | ||
| Q1 25 | $767.2M | $3.0B | ||
| Q4 24 | $780.9M | $2.9B | ||
| Q3 24 | $778.7M | $2.9B | ||
| Q2 24 | $754.2M | $2.8B |
总资产CALXRBC
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $5.1B | ||
| Q3 25 | $976.4M | $5.1B | ||
| Q2 25 | $921.4M | $4.8B | ||
| Q1 25 | $917.1M | $4.7B | ||
| Q4 24 | $939.3M | $4.7B | ||
| Q3 24 | $937.5M | $4.7B | ||
| Q2 24 | $917.9M | $4.7B |
负债/权益比CALXRBC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $6.5M | $99.1M |
| 自由现金流率自由现金流/营收 | 2.3% | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | 1.31× | 1.81× |
| 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CALXRBC
| Q1 26 | $14.6M | — | ||
| Q4 25 | $46.0M | $122.1M | ||
| Q3 25 | $32.3M | $88.4M | ||
| Q2 25 | $39.4M | $120.0M | ||
| Q1 25 | $17.2M | — | ||
| Q4 24 | $15.4M | $84.0M | ||
| Q3 24 | $16.0M | — | ||
| Q2 24 | $22.3M | $97.4M |
自由现金流CALXRBC
| Q1 26 | $6.5M | — | ||
| Q4 25 | $40.3M | $99.1M | ||
| Q3 25 | $26.7M | $71.7M | ||
| Q2 25 | $35.6M | $104.3M | ||
| Q1 25 | $12.9M | — | ||
| Q4 24 | $10.2M | $73.6M | ||
| Q3 24 | $12.8M | — | ||
| Q2 24 | $16.4M | $88.4M |
自由现金流率CALXRBC
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.8% | 21.5% | ||
| Q3 25 | 10.1% | 15.7% | ||
| Q2 25 | 14.7% | 23.9% | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 5.0% | 18.7% | ||
| Q3 24 | 6.3% | — | ||
| Q2 24 | 8.3% | 21.8% |
资本支出强度CALXRBC
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 5.0% | ||
| Q3 25 | 2.1% | 3.7% | ||
| Q2 25 | 1.5% | 3.6% | ||
| Q1 25 | 2.0% | 3.2% | ||
| Q4 24 | 2.5% | 2.6% | ||
| Q3 24 | 1.6% | 4.1% | ||
| Q2 24 | 3.0% | 2.2% |
现金转化率CALXRBC
| Q1 26 | 1.31× | — | ||
| Q4 25 | 6.38× | 1.81× | ||
| Q3 25 | 2.06× | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.59× |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
