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CIENA CORP（CIEN）与Rithm Capital Corp.（RITM）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Rithm Capital Corp.的1.5倍（$1.2B vs $828.2M），Rithm Capital Corp.净利率更高（13.2% vs 4.1%，领先9.1%），过去两年CIENA CORP的营收复合增速更高（3.9% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
CIEN vs RITM — 直观对比
营收规模更大
CIEN
是对方的1.5倍
$828.2M
净利率更高
RITM
高出9.1%
4.1%
两年增速更快
CIEN
近两年复合增速
-17.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $828.2M |
| 净利润 | $50.3M | $109.5M |
| 毛利率 | 41.3% | — |
| 营业利润率 | 6.0% | 29.9% |
| 净利率 | 4.1% | 13.2% |
| 营收同比 | — | 508.5% |
| 净利润同比 | — | 27.7% |
| 每股收益（稀释后） | $0.35 | $0.12 |
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CIENRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $768.4M | ||
| Q4 24 | $1.1B | $2.1B | ||
| Q3 24 | $942.3M | $619.5M | ||
| Q2 24 | $910.8M | $1.2B |
净利润CIENRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | — | $85.0M | ||
| Q3 25 | $50.3M | $221.5M | ||
| Q2 25 | $9.0M | $311.7M | ||
| Q1 25 | $44.6M | $78.8M | ||
| Q4 24 | $37.0M | $290.2M | ||
| Q3 24 | $14.2M | $121.7M | ||
| Q2 24 | $-16.8M | $235.6M |
毛利率CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 41.3% | — | ||
| Q2 25 | 40.2% | — | ||
| Q1 25 | 44.0% | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 42.9% | — | ||
| Q2 24 | 42.7% | — |
营业利润率CIENRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | 6.0% | 21.4% | ||
| Q2 25 | 2.9% | 25.2% | ||
| Q1 25 | 7.5% | 7.4% | ||
| Q4 24 | 5.3% | 23.8% | ||
| Q3 24 | 2.8% | 7.3% | ||
| Q2 24 | -0.4% | 23.6% |
净利率CIENRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | 4.1% | 20.0% | ||
| Q2 25 | 0.8% | 25.6% | ||
| Q1 25 | 4.2% | 10.3% | ||
| Q4 24 | 3.3% | 14.0% | ||
| Q3 24 | 1.5% | 19.7% | ||
| Q2 24 | -1.8% | 19.2% |
每股收益（稀释后）CIENRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | — | $0.09 | ||
| Q3 25 | $0.35 | $0.35 | ||
| Q2 25 | $0.06 | $0.53 | ||
| Q1 25 | $0.31 | $0.07 | ||
| Q4 24 | $0.26 | $0.50 | ||
| Q3 24 | $0.10 | $0.20 | ||
| Q2 24 | $-0.12 | $0.43 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.8B | $9.1B |
| 总资产 | $5.7B | $53.4B |
| 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CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.3B | $1.6B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.3B | $1.2B |
总债务CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益CIENRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | — | $8.4B | ||
| Q3 25 | $2.8B | $8.5B | ||
| Q2 25 | $2.8B | $7.9B | ||
| Q1 25 | $2.8B | $7.8B | ||
| Q4 24 | $2.8B | $7.8B | ||
| Q3 24 | $2.9B | $7.7B | ||
| Q2 24 | $2.9B | $7.3B |
总资产CIENRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | — | $53.1B | ||
| Q3 25 | $5.7B | $47.2B | ||
| Q2 25 | $5.7B | $44.3B | ||
| Q1 25 | $5.6B | $45.3B | ||
| Q4 24 | $5.6B | $46.0B | ||
| Q3 24 | $5.6B | $42.3B | ||
| Q2 24 | $5.6B | $42.0B |
负债/权益比CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $134.6M | — |
| 自由现金流率自由现金流/营收 | 11.0% | — |
| 资本支出强度资本支出/营收 | 3.3% | — |
| 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CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $-114.6M | ||
| Q3 25 | $174.3M | $-2.0B | ||
| Q2 25 | $156.9M | $-557.1M | ||
| Q1 25 | $103.7M | $1.4B | ||
| Q4 24 | $349.4M | $-1.8B | ||
| Q3 24 | $-159.4M | $768.1M | ||
| Q2 24 | $58.5M | $-55.7M |
自由现金流CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $134.6M | — | ||
| Q2 25 | $128.2M | — | ||
| Q1 25 | $76.8M | — | ||
| Q4 24 | $265.8M | — | ||
| Q3 24 | $-179.0M | — | ||
| Q2 24 | $41.6M | — |
自由现金流率CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 11.4% | — | ||
| Q1 25 | 7.2% | — | ||
| Q4 24 | 23.6% | — | ||
| Q3 24 | -19.0% | — | ||
| Q2 24 | 4.6% | — |
资本支出强度CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 1.9% | — |
现金转化率CIENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 3.47× | -9.22× | ||
| Q2 25 | 17.50× | -1.79× | ||
| Q1 25 | 2.33× | 18.03× | ||
| Q4 24 | 9.44× | -6.04× | ||
| Q3 24 | -11.20× | 6.31× | ||
| Q2 24 | — | -0.24× |
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
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
