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CIENA CORP（CIEN）与Clearfield, Inc.（CLFD）财务数据对比。点击上方公司名可切换其他公司
CIENA CORP的季度营收约是Clearfield, Inc.的35.5倍（$1.2B vs $34.3M）。CIENA CORP净利率更高（4.1% vs -1.8%，领先5.9%）。CIENA CORP自由现金流更多（$134.6M vs $-2.4M）。过去两年CIENA CORP的营收复合增速更高（3.9% vs -3.5%）
Ciena是总部位于美国马里兰州汉诺威的光网络系统及软件提供商，是光连接领域的核心参与者。截至2025年11月，公司营收达48亿美元，全球员工超9000人，由加里·史密斯担任总裁兼首席执行官。
Clearfield, Inc.总部位于美国明尼苏达州明尼阿波利斯市，是一家专注于光纤产品研发生产的企业，其产品主要应用于光纤通信网络建设领域，为通信基础设施部署提供相关硬件支撑。
CIEN vs CLFD — 直观对比
营收规模更大
CIEN
是对方的35.5倍
$34.3M
净利率更高
CIEN
高出5.9%
-1.8%
自由现金流更多
CIEN
多$137.0M
$-2.4M
两年增速更快
CIEN
近两年复合增速
-3.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $34.3M |
| 净利润 | $50.3M | $-614.0K |
| 毛利率 | 41.3% | 33.2% |
| 营业利润率 | 6.0% | -5.3% |
| 净利率 | 4.1% | -1.8% |
| 营收同比 | — | -3.2% |
| 净利润同比 | — | 67.8% |
| 每股收益（稀释后） | $0.35 | $-0.04 |
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CIENCLFD
| Q4 25 | — | $34.3M | ||
| Q3 25 | $1.2B | $23.4M | ||
| Q2 25 | $1.1B | $49.9M | ||
| Q1 25 | $1.1B | $47.2M | ||
| Q4 24 | $1.1B | $29.7M | ||
| Q3 24 | $942.3M | $5.6M | ||
| Q2 24 | $910.8M | $48.8M | ||
| Q1 24 | $1.0B | $36.9M |
净利润CIENCLFD
| Q4 25 | — | $-614.0K | ||
| Q3 25 | $50.3M | $-9.1M | ||
| Q2 25 | $9.0M | $1.6M | ||
| Q1 25 | $44.6M | $1.3M | ||
| Q4 24 | $37.0M | $-1.9M | ||
| Q3 24 | $14.2M | $-827.0K | ||
| Q2 24 | $-16.8M | $-447.0K | ||
| Q1 24 | $49.5M | $-5.9M |
毛利率CIENCLFD
| Q4 25 | — | 33.2% | ||
| Q3 25 | 41.3% | 53.2% | ||
| Q2 25 | 40.2% | 30.5% | ||
| Q1 25 | 44.0% | 30.1% | ||
| Q4 24 | 40.9% | 29.2% | ||
| Q3 24 | 42.9% | — | ||
| Q2 24 | 42.7% | 21.9% | ||
| Q1 24 | 45.0% | 7.7% |
营业利润率CIENCLFD
| Q4 25 | — | -5.3% | ||
| Q3 25 | 6.0% | 10.3% | ||
| Q2 25 | 2.9% | 3.0% | ||
| Q1 25 | 7.5% | 0.6% | ||
| Q4 24 | 5.3% | -6.9% | ||
| Q3 24 | 2.8% | 17.3% | ||
| Q2 24 | -0.4% | -4.7% | ||
| Q1 24 | 8.2% | -26.4% |
净利率CIENCLFD
| Q4 25 | — | -1.8% | ||
| Q3 25 | 4.1% | -38.8% | ||
| Q2 25 | 0.8% | 3.2% | ||
| Q1 25 | 4.2% | 2.8% | ||
| Q4 24 | 3.3% | -6.4% | ||
| Q3 24 | 1.5% | -14.7% | ||
| Q2 24 | -1.8% | -0.9% | ||
| Q1 24 | 4.8% | -16.0% |
每股收益（稀释后）CIENCLFD
| Q4 25 | — | $-0.04 | ||
| Q3 25 | $0.35 | $-0.65 | ||
| Q2 25 | $0.06 | $0.11 | ||
| Q1 25 | $0.31 | $0.09 | ||
| Q4 24 | $0.26 | $-0.13 | ||
| Q3 24 | $0.10 | $-0.06 | ||
| Q2 24 | $-0.12 | $-0.04 | ||
| Q1 24 | $0.34 | $-0.40 |
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 | $1.3B | $96.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.8B | $249.7M |
| 总资产 | $5.7B | $268.1M |
| 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CIENCLFD
| Q4 25 | — | $96.4M | ||
| Q3 25 | $1.3B | $106.0M | ||
| Q2 25 | $1.3B | $117.2M | ||
| Q1 25 | $1.2B | $112.0M | ||
| Q4 24 | $1.3B | $113.0M | ||
| Q3 24 | $1.1B | $129.0M | ||
| Q2 24 | $1.3B | $123.8M | ||
| Q1 24 | $1.4B | $142.9M |
总债务CIENCLFD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $2.2M | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | — |
股东权益CIENCLFD
| Q4 25 | — | $249.7M | ||
| Q3 25 | $2.8B | $256.2M | ||
| Q2 25 | $2.8B | $264.5M | ||
| Q1 25 | $2.8B | $265.9M | ||
| Q4 24 | $2.8B | $267.4M | ||
| Q3 24 | $2.9B | $275.8M | ||
| Q2 24 | $2.9B | $274.6M | ||
| Q1 24 | $2.9B | $279.2M |
总资产CIENCLFD
| Q4 25 | — | $268.1M | ||
| Q3 25 | $5.7B | $306.2M | ||
| Q2 25 | $5.7B | $314.7M | ||
| Q1 25 | $5.6B | $310.9M | ||
| Q4 24 | $5.6B | $303.2M | ||
| Q3 24 | $5.6B | $315.3M | ||
| Q2 24 | $5.6B | $318.1M | ||
| Q1 24 | $5.6B | $315.4M |
负债/权益比CIENCLFD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 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 | $174.3M | $-1.4M |
| 自由现金流经营现金流 - 资本支出 | $134.6M | $-2.4M |
| 自由现金流率自由现金流/营收 | 11.0% | -7.1% |
| 资本支出强度资本支出/营收 | 3.3% | 2.9% |
| 现金转化率经营现金流/净利润 | 3.47× | — |
| 过去12个月自由现金流最近4个季度 | $605.5M | — |
8季度趋势，按日历期对齐
经营现金流CIENCLFD
| Q4 25 | — | $-1.4M | ||
| Q3 25 | $174.3M | — | ||
| Q2 25 | $156.9M | $7.9M | ||
| Q1 25 | $103.7M | $3.0M | ||
| Q4 24 | $349.4M | $7.2M | ||
| Q3 24 | $-159.4M | $13.1M | ||
| Q2 24 | $58.5M | $4.0M | ||
| Q1 24 | $266.1M | $-5.7M |
自由现金流CIENCLFD
| Q4 25 | — | $-2.4M | ||
| Q3 25 | $134.6M | — | ||
| Q2 25 | $128.2M | $7.5M | ||
| Q1 25 | $76.8M | $654.0K | ||
| Q4 24 | $265.8M | $5.1M | ||
| Q3 24 | $-179.0M | $9.1M | ||
| Q2 24 | $41.6M | $2.8M | ||
| Q1 24 | $249.5M | $-7.7M |
自由现金流率CIENCLFD
| Q4 25 | — | -7.1% | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 11.4% | 15.1% | ||
| Q1 25 | 7.2% | 1.4% | ||
| Q4 24 | 23.6% | 17.1% | ||
| Q3 24 | -19.0% | 160.9% | ||
| Q2 24 | 4.6% | 5.8% | ||
| Q1 24 | 24.0% | -20.8% |
资本支出强度CIENCLFD
| Q4 25 | — | 2.9% | ||
| Q3 25 | 3.3% | 2.0% | ||
| Q2 25 | 2.6% | 0.8% | ||
| Q1 25 | 2.5% | 5.1% | ||
| Q4 24 | 7.4% | 7.0% | ||
| Q3 24 | 2.1% | 71.4% | ||
| Q2 24 | 1.9% | 2.5% | ||
| Q1 24 | 1.6% | 5.3% |
现金转化率CIENCLFD
| Q4 25 | — | — | ||
| Q3 25 | 3.47× | — | ||
| Q2 25 | 17.50× | 4.93× | ||
| Q1 25 | 2.33× | 2.30× | ||
| Q4 24 | 9.44× | — | ||
| Q3 24 | -11.20× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 5.37× | — |
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
CIEN
| Optical Networking | $815.5M | 67% |
| Routing And Switching | $125.9M | 10% |
| Platform Softwareand Services Segment | $90.0M | 7% |
| Maintenance Support And Training | $80.7M | 7% |
| Installation And Deployment | $65.9M | 5% |
| Blue Planet Automation Softwareand Services Segment | $27.8M | 2% |
| Consulting And Network Design | $13.6M | 1% |
CLFD
暂无分部数据
