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Cambium Networks Corp（CMBM）与合众银行（WASH）财务数据对比。点击上方公司名可切换其他公司
合众银行的季度营收约是Cambium Networks Corp的1.4倍（$57.8M vs $40.3M），合众银行净利率更高（21.8% vs -17.9%，领先39.7%），过去两年合众银行的营收复合增速更高（9.5% vs -27.2%）
坎布里姆网络公司是美国的无线通信设备制造商，主营企业WiFi、网络交换设备、物联网相关产品，以及面向企业的固定无线宽带、WiFi接入产品。该公司于2011年10月从摩托罗拉分拆，目前在纳斯达克上市。
美国合众银行是一家美国跨国金融机构，总部位于明尼苏达州明尼阿波利斯，在特拉华州注册成立。截至2025年，该银行为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的金融机构。它主营银行、投资、抵押贷款等多元金融业务。
CMBM vs WASH — 直观对比
营收规模更大
WASH
是对方的1.4倍
$40.3M
净利率更高
WASH
高出39.7%
-17.9%
两年增速更快
WASH
近两年复合增速
-27.2%
损益表 — Q4 FY2024 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $40.3M | $57.8M |
| 净利润 | $-7.2M | $12.6M |
| 毛利率 | 36.6% | — |
| 营业利润率 | -28.4% | — |
| 净利率 | -17.9% | 21.8% |
| 营收同比 | -23.2% | — |
| 净利润同比 | 71.0% | 3.5% |
| 每股收益（稀释后） | $-0.26 | $0.66 |
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CMBMWASH
| Q1 26 | — | $57.8M | ||
| Q4 25 | — | $59.3M | ||
| Q3 25 | — | $56.5M | ||
| Q2 25 | — | $54.3M | ||
| Q1 25 | — | $59.1M | ||
| Q4 24 | $40.3M | $12.4M | ||
| Q3 24 | $44.7M | $48.5M | ||
| Q2 24 | $45.2M | $48.2M |
净利润CMBMWASH
| Q1 26 | — | $12.6M | ||
| Q4 25 | — | $16.0M | ||
| Q3 25 | — | $10.8M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $12.2M | ||
| Q4 24 | $-7.2M | $-60.8M | ||
| Q3 24 | $-34.5M | $11.0M | ||
| Q2 24 | $-14.2M | $10.8M |
毛利率CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 32.5% | — |
营业利润率CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | 34.9% | ||
| Q3 25 | — | 24.7% | ||
| Q2 25 | — | 31.6% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | -28.4% | -648.7% | ||
| Q3 24 | -69.6% | 28.5% | ||
| Q2 24 | -27.2% | 28.7% |
净利率CMBMWASH
| Q1 26 | — | 21.8% | ||
| Q4 25 | — | 27.0% | ||
| Q3 25 | — | 19.2% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | -17.9% | -491.4% | ||
| Q3 24 | -77.3% | 22.6% | ||
| Q2 24 | -31.5% | 22.4% |
每股收益（稀释后）CMBMWASH
| Q1 26 | — | $0.66 | ||
| Q4 25 | — | $0.84 | ||
| Q3 25 | — | $0.56 | ||
| Q2 25 | — | $0.68 | ||
| Q1 25 | — | $0.63 | ||
| Q4 24 | $-0.26 | $-3.54 | ||
| Q3 24 | $-1.22 | $0.64 | ||
| Q2 24 | $-0.51 | $0.63 |
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 | — | $12.3M |
| 总债务越低越好 | $67.6M | — |
| 股东权益账面价值 | $-3.2M | $546.8M |
| 总资产 | $173.7M | $6.5B |
| 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CMBMWASH
| Q1 26 | — | $12.3M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $67.6M | — | ||
| Q3 24 | $67.6M | — | ||
| Q2 24 | $68.9M | — |
股东权益CMBMWASH
| Q1 26 | — | $546.8M | ||
| Q4 25 | — | $543.6M | ||
| Q3 25 | — | $533.0M | ||
| Q2 25 | — | $527.5M | ||
| Q1 25 | — | $521.7M | ||
| Q4 24 | $-3.2M | $499.7M | ||
| Q3 24 | $1.9M | $502.2M | ||
| Q2 24 | $34.1M | $471.0M |
总资产CMBMWASH
| Q1 26 | — | $6.5B | ||
| Q4 25 | — | $6.6B | ||
| Q3 25 | — | $6.7B | ||
| Q2 25 | — | $6.7B | ||
| Q1 25 | — | $6.6B | ||
| Q4 24 | $173.7M | $6.9B | ||
| Q3 24 | $194.3M | $7.1B | ||
| Q2 24 | $221.1M | $7.2B |
负债/权益比CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.12× | — | ||
| Q2 24 | 2.02× | — |
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 | $-10.4M | — |
| 自由现金流经营现金流 - 资本支出 | $-10.8M | — |
| 自由现金流率自由现金流/营收 | -26.8% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | $-21.4M | — |
8季度趋势，按日历期对齐
经营现金流CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | $80.3M | ||
| Q3 25 | — | $39.6M | ||
| Q2 25 | — | $11.3M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | $-10.4M | $57.7M | ||
| Q3 24 | $8.9M | $25.7M | ||
| Q2 24 | $2.4M | $11.2M |
自由现金流CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | $78.3M | ||
| Q3 25 | — | $39.3M | ||
| Q2 25 | — | $10.9M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | $-10.8M | $53.7M | ||
| Q3 24 | $6.8M | $24.4M | ||
| Q2 24 | $87.0K | $9.6M |
自由现金流率CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | 132.2% | ||
| Q3 25 | — | 69.6% | ||
| Q2 25 | — | 20.2% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | -26.8% | 433.8% | ||
| Q3 24 | 15.2% | 50.4% | ||
| Q2 24 | 0.2% | 19.8% |
资本支出强度CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 1.1% | 32.3% | ||
| Q3 24 | 4.8% | 2.6% | ||
| Q2 24 | 5.1% | 3.4% |
现金转化率CMBMWASH
| Q1 26 | — | — | ||
| Q4 25 | — | 5.03× | ||
| Q3 25 | — | 3.65× | ||
| Q2 25 | — | 0.86× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.34× | ||
| Q2 24 | — | 1.03× |
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
CMBM
| Enterprise | $16.6M | 41% |
| Point To Multi Point | $16.4M | 41% |
| Other | $5.8M | 14% |
WASH
| Net Interest Income | $40.5M | 70% |
| Noninterest Income | $17.3M | 30% |
