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COMTECH TELECOMMUNICATIONS CORP（CMTL）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是COMTECH TELECOMMUNICATIONS CORP的1.1倍（$117.7M vs $111.0M），RESOURCES CONNECTION, INC.净利率更高（-10.8% vs -14.3%，领先3.5%），COMTECH TELECOMMUNICATIONS CORP同比增速更快（-4.1% vs -19.2%），RESOURCES CONNECTION, INC.自由现金流更多（$15.6M vs $4.8M），过去两年COMTECH TELECOMMUNICATIONS CORP的营收复合增速更高（-9.0% vs -11.8%）
Comtech Telecommunications是一家总部位于美国的全球通信技术提供商，主营卫星通信系统、地面网络基础设施及定位服务，客户覆盖政府、国防、移动运营商和企业领域，为各类关键应用场景提供安全可靠的连接解决方案。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
CMTL vs RGP — 直观对比
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $111.0M | $117.7M |
| 净利润 | $-15.9M | $-12.7M |
| 毛利率 | 33.1% | 37.1% |
| 营业利润率 | -2.5% | -10.3% |
| 净利率 | -14.3% | -10.8% |
| 营收同比 | -4.1% | -19.2% |
| 净利润同比 | 89.3% | 81.6% |
| 每股收益（稀释后） | $-0.67 | $-0.38 |
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
| Q4 25 | $111.0M | $117.7M | ||
| Q3 25 | $130.4M | $120.2M | ||
| Q2 25 | $126.8M | $139.3M | ||
| Q1 25 | $126.6M | $129.4M | ||
| Q4 24 | $115.8M | $145.6M | ||
| Q3 24 | $126.2M | $136.9M | ||
| Q2 24 | $128.1M | $148.2M | ||
| Q1 24 | $134.2M | $151.3M |
| Q4 25 | $-15.9M | $-12.7M | ||
| Q3 25 | $7.9M | $-2.4M | ||
| Q2 25 | $33.9M | $-73.3M | ||
| Q1 25 | $-48.7M | $-44.1M | ||
| Q4 24 | $-148.4M | $-68.7M | ||
| Q3 24 | $-90.8M | $-5.7M | ||
| Q2 24 | $2.8M | $10.5M | ||
| Q1 24 | $-10.6M | $2.5M |
| Q4 25 | 33.1% | 37.1% | ||
| Q3 25 | 31.2% | 39.5% | ||
| Q2 25 | 30.7% | 40.2% | ||
| Q1 25 | 26.7% | 35.1% | ||
| Q4 24 | 12.5% | 38.5% | ||
| Q3 24 | 21.5% | 36.5% | ||
| Q2 24 | 30.4% | 40.2% | ||
| Q1 24 | 32.2% | 37.0% |
| Q4 25 | -2.5% | -10.3% | ||
| Q3 25 | 1.4% | -1.7% | ||
| Q2 25 | -1.2% | -47.0% | ||
| Q1 25 | -8.1% | -38.4% | ||
| Q4 24 | -111.5% | -52.7% | ||
| Q3 24 | -64.6% | -3.5% | ||
| Q2 24 | -2.7% | 7.6% | ||
| Q1 24 | 2.2% | 2.8% |
| Q4 25 | -14.3% | -10.8% | ||
| Q3 25 | 6.1% | -2.0% | ||
| Q2 25 | 26.8% | -52.6% | ||
| Q1 25 | -38.5% | -34.0% | ||
| Q4 24 | -128.2% | -47.2% | ||
| Q3 24 | -71.9% | -4.2% | ||
| Q2 24 | 2.2% | 7.1% | ||
| Q1 24 | -7.9% | 1.7% |
| Q4 25 | $-0.67 | $-0.38 | ||
| Q3 25 | $-0.41 | $-0.07 | ||
| Q2 25 | $-0.49 | $-2.21 | ||
| Q1 25 | $-0.76 | $-1.34 | ||
| Q4 24 | $-5.29 | $-2.08 | ||
| Q3 24 | $-3.48 | $-0.17 | ||
| Q2 24 | $-0.04 | $0.31 | ||
| Q1 24 | $-1.07 | $0.08 |
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 | $43.6M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $85.6M | $194.6M |
| 总资产 | $734.1M | $289.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $43.6M | $89.8M | ||
| Q3 25 | $40.0M | $77.5M | ||
| Q2 25 | $28.4M | $86.1M | ||
| Q1 25 | $26.7M | $72.5M | ||
| Q4 24 | $29.6M | $78.2M | ||
| Q3 24 | $32.4M | $89.6M | ||
| Q2 24 | $27.2M | $108.9M | ||
| Q1 24 | $40.0M | $113.8M |
| Q4 25 | $85.6M | $194.6M | ||
| Q3 25 | $104.4M | $206.4M | ||
| Q2 25 | $115.4M | $207.1M | ||
| Q1 25 | $128.7M | $277.8M | ||
| Q4 24 | $150.4M | $325.7M | ||
| Q3 24 | $306.3M | $407.2M | ||
| Q2 24 | $406.4M | $418.8M | ||
| Q1 24 | $407.0M | $414.9M |
| Q4 25 | $734.1M | $289.3M | ||
| Q3 25 | $740.8M | $287.2M | ||
| Q2 25 | $751.1M | $304.7M | ||
| Q1 25 | $770.6M | $375.6M | ||
| Q4 24 | $793.2M | $424.9M | ||
| Q3 24 | $793.2M | $512.9M | ||
| Q2 24 | $991.0M | $510.9M | ||
| Q1 24 | $996.8M | $523.2M |
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 | $8.1M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $4.8M | $15.6M |
| 自由现金流率自由现金流/营收 | 4.3% | 13.2% |
| 资本支出强度资本支出/营收 | 2.9% | 0.3% |
| 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 | $12.2M | $24.3M |
8季度趋势，按日历期对齐
| Q4 25 | $8.1M | $15.9M | ||
| Q3 25 | $11.4M | $-7.8M | ||
| Q2 25 | $2.3M | $16.8M | ||
| Q1 25 | $-234.0K | $659.0K | ||
| Q4 24 | $-21.8M | $1.8M | ||
| Q3 24 | $-9.5M | $-309.0K | ||
| Q2 24 | $-3.8M | $3.2M | ||
| Q1 24 | $-26.7M | $20.5M |
| Q4 25 | $4.8M | $15.6M | ||
| Q3 25 | $9.4M | $-8.0M | ||
| Q2 25 | $-160.0K | $16.5M | ||
| Q1 25 | $-1.9M | $238.0K | ||
| Q4 24 | $-24.2M | $61.0K | ||
| Q3 24 | $-12.4M | $-575.0K | ||
| Q2 24 | $-6.5M | $3.0M | ||
| Q1 24 | $-30.9M | $20.4M |
| Q4 25 | 4.3% | 13.2% | ||
| Q3 25 | 7.2% | -6.6% | ||
| Q2 25 | -0.1% | 11.8% | ||
| Q1 25 | -1.5% | 0.2% | ||
| Q4 24 | -20.9% | 0.0% | ||
| Q3 24 | -9.8% | -0.4% | ||
| Q2 24 | -5.0% | 2.1% | ||
| Q1 24 | -23.0% | 13.5% |
| Q4 25 | 2.9% | 0.3% | ||
| Q3 25 | 1.6% | 0.1% | ||
| Q2 25 | 1.9% | 0.2% | ||
| Q1 25 | 1.3% | 0.3% | ||
| Q4 24 | 2.1% | 1.2% | ||
| Q3 24 | 2.3% | 0.2% | ||
| Q2 24 | 2.1% | 0.1% | ||
| Q1 24 | 3.2% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.36× | 0.30× | ||
| Q1 24 | — | 8.04× |
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
CMTL
| Satellite And Space Communications Segment | $55.1M | 50% |
| Transferred At Point In Time | $39.4M | 36% |
| Satellite And Space Communications | $16.3M | 15% |
| Terrestrial And Wireless Networks | $1.1M | 1% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
