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Cricut, Inc.（CRCT）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
Cricut, Inc.的季度营收约是Ribbon Communications Inc.的1.3倍（$203.6M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 3.8%，领先50.9%），Cricut, Inc.同比增速更快（-2.7% vs -10.3%），过去两年Cricut, Inc.的营收复合增速更高（10.3% vs -8.1%）
Cricut, Inc.是面向家庭手工爱好者的美国品牌，主营计算机控制的切割机产品。这类设备可切割纸张、毛毡、乙烯基、布料，也可加工皮革、纸板、木材等多种材料，是手工创作场景的实用工具。
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。
CRCT vs RBBN — 直观对比
营收规模更大
CRCT
是对方的1.3倍
$162.6M
营收增速更快
CRCT
高出7.6%
-10.3%
净利率更高
RBBN
高出50.9%
3.8%
两年增速更快
CRCT
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $203.6M | $162.6M |
| 净利润 | $7.8M | $89.1M |
| 毛利率 | 47.4% | 42.9% |
| 营业利润率 | 6.8% | 37.6% |
| 净利率 | 3.8% | 54.8% |
| 营收同比 | -2.7% | -10.3% |
| 净利润同比 | -34.7% | — |
| 每股收益（稀释后） | $0.03 | $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CRCTRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $203.6M | $227.3M | ||
| Q3 25 | $170.4M | $215.4M | ||
| Q2 25 | $172.1M | $220.6M | ||
| Q1 25 | $162.6M | $181.3M | ||
| Q4 24 | $209.3M | $251.4M | ||
| Q3 24 | $167.9M | $210.2M | ||
| Q2 24 | $167.9M | $192.6M |
净利润CRCTRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $7.8M | — | ||
| Q3 25 | $20.5M | $-12.1M | ||
| Q2 25 | $24.5M | $-11.1M | ||
| Q1 25 | $23.9M | $-26.2M | ||
| Q4 24 | $11.9M | — | ||
| Q3 24 | $11.5M | $-13.4M | ||
| Q2 24 | $19.8M | $-16.8M |
毛利率CRCTRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 47.4% | 53.3% | ||
| Q3 25 | 55.2% | 50.1% | ||
| Q2 25 | 59.0% | 49.6% | ||
| Q1 25 | 60.5% | 45.4% | ||
| Q4 24 | 44.9% | 55.7% | ||
| Q3 24 | 46.1% | 52.1% | ||
| Q2 24 | 53.5% | 50.8% |
营业利润率CRCTRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 6.8% | 4.1% | ||
| Q3 25 | 13.3% | 1.3% | ||
| Q2 25 | 17.5% | 1.9% | ||
| Q1 25 | 18.0% | -10.8% | ||
| Q4 24 | 6.6% | 13.2% | ||
| Q3 24 | 6.3% | -0.4% | ||
| Q2 24 | 15.7% | -1.0% |
净利率CRCTRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 3.8% | — | ||
| Q3 25 | 12.0% | -5.6% | ||
| Q2 25 | 14.2% | -5.0% | ||
| Q1 25 | 14.7% | -14.5% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 6.8% | -6.4% | ||
| Q2 24 | 11.8% | -8.7% |
每股收益（稀释后）CRCTRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.03 | $0.50 | ||
| Q3 25 | $0.10 | $-0.07 | ||
| Q2 25 | $0.11 | $-0.06 | ||
| Q1 25 | $0.11 | $-0.15 | ||
| Q4 24 | $0.06 | $0.05 | ||
| Q3 24 | $0.05 | $-0.08 | ||
| Q2 24 | $0.09 | $-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 | $275.6M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $343.6M | $419.1M |
| 总资产 | $580.8M | — |
| 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CRCTRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $275.6M | $96.4M | ||
| Q3 25 | $207.1M | $74.8M | ||
| Q2 25 | $376.9M | $60.5M | ||
| Q1 25 | $356.7M | $71.2M | ||
| Q4 24 | $336.9M | $87.8M | ||
| Q3 24 | $246.9M | $37.2M | ||
| Q2 24 | $299.5M | $64.6M |
总债务CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益CRCTRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $343.6M | $449.0M | ||
| Q3 25 | $358.4M | $360.1M | ||
| Q2 25 | $308.9M | $370.4M | ||
| Q1 25 | $490.2M | $381.8M | ||
| Q4 24 | $466.8M | $404.6M | ||
| Q3 24 | $475.8M | $395.5M | ||
| Q2 24 | $448.5M | $405.0M |
总资产CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | $580.8M | $1.2B | ||
| Q3 25 | $564.3M | $1.1B | ||
| Q2 25 | $721.5M | $1.1B | ||
| Q1 25 | $681.7M | $1.1B | ||
| Q4 24 | $693.0M | $1.2B | ||
| Q3 24 | $663.8M | $1.1B | ||
| Q2 24 | $742.1M | $1.1B |
负债/权益比CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 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 | $82.4M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 10.58× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | $82.4M | $29.2M | ||
| Q3 25 | $20.5M | $26.5M | ||
| Q2 25 | $36.2M | $-795.0K | ||
| Q1 25 | $61.2M | $-3.5M | ||
| Q4 24 | $103.1M | $61.8M | ||
| Q3 24 | $70.2M | $-14.8M | ||
| Q2 24 | $35.0M | $-9.8M |
自由现金流CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | — | $-23.7M | ||
| Q2 24 | — | $-12.9M |
自由现金流率CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | -11.3% | ||
| Q2 24 | — | -6.7% |
资本支出强度CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 1.6% |
现金转化率CRCTRBBN
| Q1 26 | — | — | ||
| Q4 25 | 10.58× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 2.56× | — | ||
| Q4 24 | 8.64× | — | ||
| Q3 24 | 6.11× | — | ||
| Q2 24 | 1.77× | — |
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
CRCT
| Platform | $83.9M | 41% |
| Connected Machines | $65.2M | 32% |
| Accessories And Materials | $54.4M | 27% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
