vs
CLEANSPARK, INC.（CLSK）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
CLEANSPARK, INC.的季度营收约是Ribbon Communications Inc.的1.1倍（$181.2M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs -209.0%，领先263.8%），CLEANSPARK, INC.同比增速更快（11.6% vs -10.3%），过去两年CLEANSPARK, INC.的营收复合增速更高（106.4% vs -8.1%）
CleanSpark Inc.是一家总部位于美国的可持续技术企业，核心业务包含两大板块：一是依托可再生能源与闲置能源开展低碳比特币挖矿业务，二是为北美地区的工商业及公共部门客户提供微电网设计、部署与运营服务。
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。
CLSK vs RBBN — 直观对比
营收规模更大
CLSK
是对方的1.1倍
$162.6M
营收增速更快
CLSK
高出21.9%
-10.3%
净利率更高
RBBN
高出263.8%
-209.0%
两年增速更快
CLSK
近两年复合增速
-8.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $181.2M | $162.6M |
| 净利润 | $-378.7M | $89.1M |
| 毛利率 | 47.2% | 42.9% |
| 营业利润率 | -174.7% | 37.6% |
| 净利率 | -209.0% | 54.8% |
| 营收同比 | 11.6% | -10.3% |
| 净利润同比 | -253.5% | — |
| 每股收益（稀释后） | — | $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CLSKRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $181.2M | $227.3M | ||
| Q3 25 | — | $215.4M | ||
| Q2 25 | — | $220.6M | ||
| Q1 25 | — | $181.3M | ||
| Q4 24 | — | $251.4M | ||
| Q3 24 | $89.3M | $210.2M | ||
| Q2 24 | $104.1M | $192.6M |
净利润CLSKRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-378.7M | — | ||
| Q3 25 | — | $-12.1M | ||
| Q2 25 | — | $-11.1M | ||
| Q1 25 | — | $-26.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-62.2M | $-13.4M | ||
| Q2 24 | $-236.2M | $-16.8M |
毛利率CLSKRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 47.2% | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | 36.0% | 52.1% | ||
| Q2 24 | 56.6% | 50.8% |
营业利润率CLSKRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | -174.7% | 4.1% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -10.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | -73.5% | -0.4% | ||
| Q2 24 | -239.2% | -1.0% |
净利率CLSKRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -209.0% | — | ||
| Q3 25 | — | -5.6% | ||
| Q2 25 | — | -5.0% | ||
| Q1 25 | — | -14.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | -69.6% | -6.4% | ||
| Q2 24 | -226.9% | -8.7% |
每股收益（稀释后）CLSKRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | — | $0.50 | ||
| Q3 25 | — | $-0.07 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | — | $-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 | $458.1M | $67.6M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $1.4B | $419.1M |
| 总资产 | $3.3B | — |
| 负债/权益比越低杠杆越低 | 1.29× | — |
8季度趋势，按日历期对齐
现金及短期投资CLSKRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $458.1M | $96.4M | ||
| Q3 25 | — | $74.8M | ||
| Q2 25 | — | $60.5M | ||
| Q1 25 | — | $71.2M | ||
| Q4 24 | — | $87.8M | ||
| Q3 24 | $121.2M | $37.2M | ||
| Q2 24 | $126.1M | $64.6M |
总债务CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | $7.2M | $349.1M | ||
| Q2 24 | $1.3M | $350.0M |
股东权益CLSKRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.4B | $449.0M | ||
| Q3 25 | — | $360.1M | ||
| Q2 25 | — | $370.4M | ||
| Q1 25 | — | $381.8M | ||
| Q4 24 | — | $404.6M | ||
| Q3 24 | $1.8B | $395.5M | ||
| Q2 24 | $1.4B | $405.0M |
总资产CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $1.5B | $1.1B |
负债/权益比CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.29× | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | 0.00× | 0.88× | ||
| Q2 24 | 0.00× | 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 | $-161.1M | — |
| 自由现金流经营现金流 - 资本支出 | $-198.1M | — |
| 自由现金流率自由现金流/营收 | -109.3% | — |
| 资本支出强度资本支出/营收 | 20.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-626.9M | — |
8季度趋势，按日历期对齐
经营现金流CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-161.1M | $29.2M | ||
| Q3 25 | — | $26.5M | ||
| Q2 25 | — | $-795.0K | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $61.8M | ||
| Q3 24 | $-233.7M | $-14.8M | ||
| Q2 24 | $-58.4M | $-9.8M |
自由现金流CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-198.1M | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | $-299.8M | $-23.7M | ||
| Q2 24 | $-68.7M | $-12.9M |
自由现金流率CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | -109.3% | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | -335.8% | -11.3% | ||
| Q2 24 | -66.0% | -6.7% |
资本支出强度CLSKRBBN
| Q1 26 | — | — | ||
| Q4 25 | 20.4% | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | 74.0% | 4.2% | ||
| Q2 24 | 9.9% | 1.6% |
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
CLSK
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
