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CALIX, INC（CALX）与BRC Group Holdings, Inc.（RILY）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BRC Group Holdings, Inc.的1.5倍（$280.0M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 4.0%，领先43.9%），CALIX, INC同比增速更快（27.1% vs -21.9%），过去两年CALIX, INC的营收复合增速更高（18.9% vs -15.4%）
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。
CALX vs RILY — 直观对比
营收规模更大
CALX
是对方的1.5倍
$188.3M
营收增速更快
CALX
高出49.0%
-21.9%
净利率更高
RILY
高出43.9%
4.0%
两年增速更快
CALX
近两年复合增速
-15.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $280.0M | $188.3M |
| 净利润 | $11.2M | $90.3M |
| 毛利率 | 56.9% | 79.5% |
| 营业利润率 | 47.6% | 32.3% |
| 净利率 | 4.0% | 47.9% |
| 营收同比 | 27.1% | -21.9% |
| 净利润同比 | — | 1710.8% |
| 每股收益（稀释后） | $0.16 | $2.78 |
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CALXRILY
| Q1 26 | $280.0M | — | ||
| Q4 25 | $272.4M | $188.3M | ||
| Q3 25 | $265.4M | $215.3M | ||
| Q2 25 | $241.9M | $188.2M | ||
| Q1 25 | $220.2M | $197.2M | ||
| Q4 24 | $206.1M | $241.0M | ||
| Q3 24 | $200.9M | $225.5M | ||
| Q2 24 | $198.1M | $256.0M |
净利润CALXRILY
| Q1 26 | $11.2M | — | ||
| Q4 25 | $7.2M | $90.3M | ||
| Q3 25 | $15.7M | $91.1M | ||
| Q2 25 | $-199.0K | $139.5M | ||
| Q1 25 | $-4.8M | $-10.0M | ||
| Q4 24 | $-17.9M | $-5.6M | ||
| Q3 24 | $-4.0M | $-284.4M | ||
| Q2 24 | $-8.0M | $-433.6M |
毛利率CALXRILY
| Q1 26 | 56.9% | — | ||
| Q4 25 | 57.7% | 79.5% | ||
| Q3 25 | 57.3% | 83.7% | ||
| Q2 25 | 56.3% | 81.3% | ||
| Q1 25 | 55.7% | 81.4% | ||
| Q4 24 | 55.0% | 79.8% | ||
| Q3 24 | 54.8% | 82.1% | ||
| Q2 24 | 54.3% | 84.5% |
营业利润率CALXRILY
| Q1 26 | 47.6% | — | ||
| Q4 25 | 3.4% | 32.3% | ||
| Q3 25 | 6.6% | 30.4% | ||
| Q2 25 | 0.2% | 5.7% | ||
| Q1 25 | -2.8% | -31.2% | ||
| Q4 24 | -9.1% | -69.2% | ||
| Q3 24 | -5.4% | -36.4% | ||
| Q2 24 | -5.7% | -90.8% |
净利率CALXRILY
| Q1 26 | 4.0% | — | ||
| Q4 25 | 2.6% | 47.9% | ||
| Q3 25 | 5.9% | 42.3% | ||
| Q2 25 | -0.1% | 74.1% | ||
| Q1 25 | -2.2% | -5.1% | ||
| Q4 24 | -8.7% | -2.3% | ||
| Q3 24 | -2.0% | -126.1% | ||
| Q2 24 | -4.0% | -169.4% |
每股收益（稀释后）CALXRILY
| Q1 26 | $0.16 | — | ||
| Q4 25 | $0.11 | $2.78 | ||
| Q3 25 | $0.22 | $2.91 | ||
| Q2 25 | $0.00 | $4.50 | ||
| Q1 25 | $-0.07 | $-0.39 | ||
| Q4 24 | $-0.27 | $-0.01 | ||
| Q3 24 | $-0.06 | $-9.39 | ||
| Q2 24 | $-0.12 | $-14.35 |
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 | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $738.0M | $-171.5M |
| 总资产 | — | $1.7B |
| 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CALXRILY
| Q1 26 | $54.6M | — | ||
| Q4 25 | $143.1M | $226.6M | ||
| Q3 25 | $95.0M | $184.2M | ||
| Q2 25 | $76.5M | $267.4M | ||
| Q1 25 | $42.3M | $138.3M | ||
| Q4 24 | $43.2M | $146.9M | ||
| Q3 24 | $62.4M | $159.2M | ||
| Q2 24 | $84.5M | $236.9M |
总债务CALXRILY
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CALXRILY
| Q1 26 | $738.0M | — | ||
| Q4 25 | $859.2M | $-171.5M | ||
| Q3 25 | $822.5M | $-260.5M | ||
| Q2 25 | $772.7M | $-351.7M | ||
| Q1 25 | $767.2M | $-496.8M | ||
| Q4 24 | $780.9M | $-488.2M | ||
| Q3 24 | $778.7M | $-497.6M | ||
| Q2 24 | $754.2M | $-218.3M |
总资产CALXRILY
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $976.4M | $1.7B | ||
| Q2 25 | $921.4M | $1.5B | ||
| Q1 25 | $917.1M | $1.5B | ||
| Q4 24 | $939.3M | $1.8B | ||
| Q3 24 | $937.5M | $2.2B | ||
| Q2 24 | $917.9M | $3.2B |
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 | $26.2M |
| 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× | 0.29× |
| 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CALXRILY
| Q1 26 | $14.6M | — | ||
| Q4 25 | $46.0M | $26.2M | ||
| Q3 25 | $32.3M | $-60.6M | ||
| Q2 25 | $39.4M | $-25.6M | ||
| Q1 25 | $17.2M | $184.0K | ||
| Q4 24 | $15.4M | $-2.7M | ||
| Q3 24 | $16.0M | $19.5M | ||
| Q2 24 | $22.3M | $111.5M |
自由现金流CALXRILY
| Q1 26 | $6.5M | — | ||
| Q4 25 | $40.3M | — | ||
| Q3 25 | $26.7M | — | ||
| Q2 25 | $35.6M | — | ||
| Q1 25 | $12.9M | — | ||
| Q4 24 | $10.2M | — | ||
| Q3 24 | $12.8M | — | ||
| Q2 24 | $16.4M | — |
自由现金流率CALXRILY
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.8% | — | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 14.7% | — | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 6.3% | — | ||
| Q2 24 | 8.3% | — |
资本支出强度CALXRILY
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 3.0% | — |
现金转化率CALXRILY
| Q1 26 | 1.31× | — | ||
| Q4 25 | 6.38× | 0.29× | ||
| Q3 25 | 2.06× | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| 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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
