vs
CIENA CORP（CIEN）与RENAISSANCERE HOLDINGS LTD（RNR）财务数据对比。点击上方公司名可切换其他公司
RENAISSANCERE HOLDINGS LTD的季度营收约是CIENA CORP的1.8倍（$2.2B vs $1.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 4.1%，领先19.4%），过去两年CIENA CORP的营收复合增速更高（3.9% vs -11.9%）
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。
RenaissanceRe Holdings Ltd是总部位于百慕大的保险及相关商业服务提供商，核心业务覆盖再保险、常规保险两大板块，同时运营风险相关创新投资业务，为全球客户提供专业的风险对冲与保险解决方案。
CIEN vs RNR — 直观对比
营收规模更大
RNR
是对方的1.8倍
$1.2B
净利率更高
RNR
高出19.4%
4.1%
两年增速更快
CIEN
近两年复合增速
-11.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.2B |
| 净利润 | $50.3M | $515.8M |
| 毛利率 | 41.3% | — |
| 营业利润率 | 6.0% | — |
| 净利率 | 4.1% | 23.5% |
| 营收同比 | — | -36.8% |
| 净利润同比 | — | 72.6% |
| 每股收益（稀释后） | $0.35 | $6.57 |
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CIENRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | — | $3.0B | ||
| Q3 25 | $1.2B | $3.2B | ||
| Q2 25 | $1.1B | $3.2B | ||
| Q1 25 | $1.1B | $3.5B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $942.3M | $4.0B | ||
| Q2 24 | $910.8M | $2.8B |
净利润CIENRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | — | $760.5M | ||
| Q3 25 | $50.3M | $916.5M | ||
| Q2 25 | $9.0M | $835.4M | ||
| Q1 25 | $44.6M | $170.0M | ||
| Q4 24 | $37.0M | $-189.7M | ||
| Q3 24 | $14.2M | $1.2B | ||
| Q2 24 | $-16.8M | $503.9M |
毛利率CIENRNR
| 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CIENRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 42.5% | ||
| Q3 25 | 6.0% | 46.3% | ||
| Q2 25 | 2.9% | 41.8% | ||
| Q1 25 | 7.5% | -2.0% | ||
| Q4 24 | 5.3% | -3.6% | ||
| Q3 24 | 2.8% | 43.7% | ||
| Q2 24 | -0.4% | 25.0% |
净利率CIENRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | — | 25.6% | ||
| Q3 25 | 4.1% | 28.7% | ||
| Q2 25 | 0.8% | 26.1% | ||
| Q1 25 | 4.2% | 4.9% | ||
| Q4 24 | 3.3% | -8.3% | ||
| Q3 24 | 1.5% | 29.8% | ||
| Q2 24 | -1.8% | 17.8% |
每股收益（稀释后）CIENRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | — | $16.16 | ||
| Q3 25 | $0.35 | $19.40 | ||
| Q2 25 | $0.06 | $17.20 | ||
| Q1 25 | $0.31 | $3.27 | ||
| Q4 24 | $0.26 | $-3.76 | ||
| Q3 24 | $0.10 | $22.62 | ||
| Q2 24 | $-0.12 | $9.41 |
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 | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.8B | $4.3B |
| 总资产 | $5.7B | $53.7B |
| 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CIENRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.3B | $1.6B |
总债务CIENRNR
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益CIENRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | — | $11.6B | ||
| Q3 25 | $2.8B | $11.5B | ||
| Q2 25 | $2.8B | $10.8B | ||
| Q1 25 | $2.8B | $10.3B | ||
| Q4 24 | $2.8B | $10.6B | ||
| Q3 24 | $2.9B | $11.2B | ||
| Q2 24 | $2.9B | $10.2B |
总资产CIENRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | — | $53.8B | ||
| Q3 25 | $5.7B | $54.5B | ||
| Q2 25 | $5.7B | $54.7B | ||
| Q1 25 | $5.6B | $53.6B | ||
| Q4 24 | $5.6B | $50.7B | ||
| Q3 24 | $5.6B | $52.8B | ||
| Q2 24 | $5.6B | $51.6B |
负债/权益比CIENRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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CIENRNR
| Q1 26 | — | — | ||
| Q4 25 | — | $483.0M | ||
| Q3 25 | $174.3M | $1.6B | ||
| Q2 25 | $156.9M | $1.5B | ||
| Q1 25 | $103.7M | $157.8M | ||
| Q4 24 | $349.4M | $778.9M | ||
| Q3 24 | $-159.4M | $1.5B | ||
| Q2 24 | $58.5M | $1.2B |
自由现金流CIENRNR
| 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CIENRNR
| 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CIENRNR
| 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CIENRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | 3.47× | 1.73× | ||
| Q2 25 | 17.50× | 1.76× | ||
| Q1 25 | 2.33× | 0.93× | ||
| Q4 24 | 9.44× | — | ||
| Q3 24 | -11.20× | 1.26× | ||
| Q2 24 | — | 2.41× |
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% |
RNR
暂无分部数据
