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康耐视（CGNX）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
康耐视的季度营收约是Ribbon Communications Inc.的1.6倍（$252.3M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 12.9%，领先41.8%），康耐视同比增速更快（9.9% vs -10.3%），过去两年康耐视的营收复合增速更高（9.4% vs -8.1%）
康耐视（Cognex Corporation）是总部位于美国马萨诸塞州内蒂克的机器视觉系统、软件及传感器制造商，业务覆盖全球20余个国家和地区，为各工业领域客户提供高性能的视觉相关产品及解决方案。
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。
CGNX vs RBBN — 直观对比
营收规模更大
CGNX
是对方的1.6倍
$162.6M
营收增速更快
CGNX
高出20.2%
-10.3%
净利率更高
RBBN
高出41.8%
12.9%
两年增速更快
CGNX
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $252.3M | $162.6M |
| 净利润 | $32.7M | $89.1M |
| 毛利率 | 65.7% | 42.9% |
| 营业利润率 | 14.0% | 37.6% |
| 净利率 | 12.9% | 54.8% |
| 营收同比 | 9.9% | -10.3% |
| 净利润同比 | 15.2% | — |
| 每股收益（稀释后） | $0.20 | $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CGNXRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $252.3M | $227.3M | ||
| Q3 25 | $276.9M | $215.4M | ||
| Q2 25 | $249.1M | $220.6M | ||
| Q1 25 | $216.0M | $181.3M | ||
| Q4 24 | $229.7M | $251.4M | ||
| Q3 24 | $234.7M | $210.2M | ||
| Q2 24 | $239.3M | $192.6M |
净利润CGNXRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $32.7M | — | ||
| Q3 25 | $17.7M | $-12.1M | ||
| Q2 25 | $40.5M | $-11.1M | ||
| Q1 25 | $23.6M | $-26.2M | ||
| Q4 24 | $28.3M | — | ||
| Q3 24 | $29.6M | $-13.4M | ||
| Q2 24 | $36.2M | $-16.8M |
毛利率CGNXRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 65.7% | 53.3% | ||
| Q3 25 | 67.6% | 50.1% | ||
| Q2 25 | 67.4% | 49.6% | ||
| Q1 25 | 66.8% | 45.4% | ||
| Q4 24 | 68.7% | 55.7% | ||
| Q3 24 | 67.9% | 52.1% | ||
| Q2 24 | 69.6% | 50.8% |
营业利润率CGNXRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 14.0% | 4.1% | ||
| Q3 25 | 20.9% | 1.3% | ||
| Q2 25 | 17.4% | 1.9% | ||
| Q1 25 | 12.1% | -10.8% | ||
| Q4 24 | 13.4% | 13.2% | ||
| Q3 24 | 13.4% | -0.4% | ||
| Q2 24 | 16.1% | -1.0% |
净利率CGNXRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 12.9% | — | ||
| Q3 25 | 6.4% | -5.6% | ||
| Q2 25 | 16.3% | -5.0% | ||
| Q1 25 | 10.9% | -14.5% | ||
| Q4 24 | 12.3% | — | ||
| Q3 24 | 12.6% | -6.4% | ||
| Q2 24 | 15.1% | -8.7% |
每股收益（稀释后）CGNXRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.20 | $0.50 | ||
| Q3 25 | $0.10 | $-0.07 | ||
| Q2 25 | $0.24 | $-0.06 | ||
| Q1 25 | $0.14 | $-0.15 | ||
| Q4 24 | $0.17 | $0.05 | ||
| Q3 24 | $0.17 | $-0.08 | ||
| Q2 24 | $0.21 | $-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 | $262.9M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $419.1M |
| 总资产 | $2.0B | — |
| 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CGNXRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $262.9M | $96.4M | ||
| Q3 25 | $245.9M | $74.8M | ||
| Q2 25 | $179.3M | $60.5M | ||
| Q1 25 | $143.7M | $71.2M | ||
| Q4 24 | $186.1M | $87.8M | ||
| Q3 24 | $197.1M | $37.2M | ||
| Q2 24 | $176.6M | $64.6M |
总债务CGNXRBBN
| 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CGNXRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.5B | $449.0M | ||
| Q3 25 | $1.5B | $360.1M | ||
| Q2 25 | $1.5B | $370.4M | ||
| Q1 25 | $1.4B | $381.8M | ||
| Q4 24 | $1.5B | $404.6M | ||
| Q3 24 | $1.6B | $395.5M | ||
| Q2 24 | $1.5B | $405.0M |
总资产CGNXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.1B | $1.1B | ||
| Q2 24 | $2.0B | $1.1B |
负债/权益比CGNXRBBN
| 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 | $74.9M | — |
| 自由现金流经营现金流 - 资本支出 | $72.3M | — |
| 自由现金流率自由现金流/营收 | 28.7% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 2.29× | — |
| 过去12个月自由现金流最近4个季度 | $236.8M | — |
8季度趋势，按日历期对齐
经营现金流CGNXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $74.9M | $29.2M | ||
| Q3 25 | $87.5M | $26.5M | ||
| Q2 25 | $42.6M | $-795.0K | ||
| Q1 25 | $40.5M | $-3.5M | ||
| Q4 24 | $51.4M | $61.8M | ||
| Q3 24 | $56.3M | $-14.8M | ||
| Q2 24 | $27.8M | $-9.8M |
自由现金流CGNXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $72.3M | $27.3M | ||
| Q3 25 | $86.0M | $21.0M | ||
| Q2 25 | $40.4M | $-6.5M | ||
| Q1 25 | $38.0M | $-15.7M | ||
| Q4 24 | $49.3M | $53.8M | ||
| Q3 24 | $51.9M | $-23.7M | ||
| Q2 24 | $23.3M | $-12.9M |
自由现金流率CGNXRBBN
| Q1 26 | — | — | ||
| Q4 25 | 28.7% | 12.0% | ||
| Q3 25 | 31.1% | 9.7% | ||
| Q2 25 | 16.2% | -2.9% | ||
| Q1 25 | 17.6% | -8.7% | ||
| Q4 24 | 21.5% | 21.4% | ||
| Q3 24 | 22.1% | -11.3% | ||
| Q2 24 | 9.7% | -6.7% |
资本支出强度CGNXRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 0.9% | ||
| Q3 25 | 0.5% | 2.6% | ||
| Q2 25 | 0.9% | 2.6% | ||
| Q1 25 | 1.2% | 6.7% | ||
| Q4 24 | 0.9% | 3.2% | ||
| Q3 24 | 1.9% | 4.2% | ||
| Q2 24 | 1.9% | 1.6% |
现金转化率CGNXRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.29× | — | ||
| Q3 25 | 4.95× | — | ||
| Q2 25 | 1.05× | — | ||
| Q1 25 | 1.72× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.90× | — | ||
| Q2 24 | 0.77× | — |
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
CGNX
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
