vs
Clearway Energy, Inc.（CWEN）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
Clearway Energy, Inc.的季度营收约是Ribbon Communications Inc.的1.9倍（$310.0M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs -33.5%，领先88.3%），Clearway Energy, Inc.同比增速更快（21.1% vs -10.3%），过去两年Clearway Energy, Inc.的营收复合增速更高（8.6% vs -8.1%）
NRG能源是总部位于美国得克萨斯州休斯敦的能源企业，前身为后续更名为埃克西尔能源的北方州电力公司的批发业务板块，2000年独立运营。业务覆盖发电与电力零售，拥有天然气、煤炭、石油、核能、风电、公用事业级及分布式太阳能等发电资产，服务超700万零售用户。
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。
CWEN vs RBBN — 直观对比
营收规模更大
CWEN
是对方的1.9倍
$162.6M
营收增速更快
CWEN
高出31.4%
-10.3%
净利率更高
RBBN
高出88.3%
-33.5%
两年增速更快
CWEN
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $310.0M | $162.6M |
| 净利润 | $-104.0M | $89.1M |
| 毛利率 | 51.9% | 42.9% |
| 营业利润率 | -11.9% | 37.6% |
| 净利率 | -33.5% | 54.8% |
| 营收同比 | 21.1% | -10.3% |
| 净利润同比 | -3566.7% | — |
| 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CWENRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $310.0M | $227.3M | ||
| Q3 25 | $429.0M | $215.4M | ||
| Q2 25 | $392.0M | $220.6M | ||
| Q1 25 | $298.0M | $181.3M | ||
| Q4 24 | $256.0M | $251.4M | ||
| Q3 24 | $486.0M | $210.2M | ||
| Q2 24 | $366.0M | $192.6M |
净利润CWENRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-104.0M | — | ||
| Q3 25 | $236.0M | $-12.1M | ||
| Q2 25 | $33.0M | $-11.1M | ||
| Q1 25 | $4.0M | $-26.2M | ||
| Q4 24 | $3.0M | — | ||
| Q3 24 | $36.0M | $-13.4M | ||
| Q2 24 | $51.0M | $-16.8M |
毛利率CWENRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 51.9% | 53.3% | ||
| Q3 25 | 70.2% | 50.1% | ||
| Q2 25 | 66.6% | 49.6% | ||
| Q1 25 | 59.1% | 45.4% | ||
| Q4 24 | 52.0% | 55.7% | ||
| Q3 24 | 72.2% | 52.1% | ||
| Q2 24 | 68.0% | 50.8% |
营业利润率CWENRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | -11.9% | 4.1% | ||
| Q3 25 | 26.1% | 1.3% | ||
| Q2 25 | 21.7% | 1.9% | ||
| Q1 25 | — | -10.8% | ||
| Q4 24 | -14.5% | 13.2% | ||
| Q3 24 | 36.6% | -0.4% | ||
| Q2 24 | 23.0% | -1.0% |
净利率CWENRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -33.5% | — | ||
| Q3 25 | 55.0% | -5.6% | ||
| Q2 25 | 8.4% | -5.0% | ||
| Q1 25 | 1.3% | -14.5% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 7.4% | -6.4% | ||
| Q2 24 | 13.9% | -8.7% |
每股收益（稀释后）CWENRBBN
| 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 | $231.0M | $67.6M |
| 总债务越低越好 | $7.9B | — |
| 股东权益账面价值 | $5.8B | $419.1M |
| 总资产 | $16.7B | — |
| 负债/权益比越低杠杆越低 | 1.36× | — |
8季度趋势，按日历期对齐
现金及短期投资CWENRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $231.0M | $96.4M | ||
| Q3 25 | $251.0M | $74.8M | ||
| Q2 25 | $260.0M | $60.5M | ||
| Q1 25 | $297.0M | $71.2M | ||
| Q4 24 | $332.0M | $87.8M | ||
| Q3 24 | $292.0M | $37.2M | ||
| Q2 24 | $226.0M | $64.6M |
总债务CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | $7.9B | $342.1M | ||
| Q3 25 | $8.1B | $344.3M | ||
| Q2 25 | $8.3B | $346.5M | ||
| Q1 25 | $7.2B | $347.4M | ||
| Q4 24 | $6.8B | $348.3M | ||
| Q3 24 | $6.7B | $349.1M | ||
| Q2 24 | $6.8B | $350.0M |
股东权益CWENRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $5.8B | $449.0M | ||
| Q3 25 | $5.7B | $360.1M | ||
| Q2 25 | $5.5B | $370.4M | ||
| Q1 25 | $5.4B | $381.8M | ||
| Q4 24 | $5.6B | $404.6M | ||
| Q3 24 | $5.6B | $395.5M | ||
| Q2 24 | $5.7B | $405.0M |
总资产CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | $16.7B | $1.2B | ||
| Q3 25 | $16.1B | $1.1B | ||
| Q2 25 | $16.0B | $1.1B | ||
| Q1 25 | $14.6B | $1.1B | ||
| Q4 24 | $14.3B | $1.2B | ||
| Q3 24 | $14.2B | $1.1B | ||
| Q2 24 | $14.5B | $1.1B |
负债/权益比CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | 0.76× | ||
| Q3 25 | 1.41× | 0.96× | ||
| Q2 25 | 1.49× | 0.94× | ||
| Q1 25 | 1.33× | 0.91× | ||
| Q4 24 | 1.21× | 0.86× | ||
| Q3 24 | 1.20× | 0.88× | ||
| Q2 24 | 1.19× | 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 | $177.0M | — |
| 自由现金流经营现金流 - 资本支出 | $71.0M | — |
| 自由现金流率自由现金流/营收 | 22.9% | — |
| 资本支出强度资本支出/营收 | 34.2% | — |
| 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 | $369.0M | — |
8季度趋势，按日历期对齐
经营现金流CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | $177.0M | $29.2M | ||
| Q3 25 | $225.0M | $26.5M | ||
| Q2 25 | $191.0M | $-795.0K | ||
| Q1 25 | $95.0M | $-3.5M | ||
| Q4 24 | $192.0M | $61.8M | ||
| Q3 24 | $301.0M | $-14.8M | ||
| Q2 24 | $196.0M | $-9.8M |
自由现金流CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | $71.0M | $27.3M | ||
| Q3 25 | $144.0M | $21.0M | ||
| Q2 25 | $115.0M | $-6.5M | ||
| Q1 25 | $39.0M | $-15.7M | ||
| Q4 24 | $142.0M | $53.8M | ||
| Q3 24 | $266.0M | $-23.7M | ||
| Q2 24 | $92.0M | $-12.9M |
自由现金流率CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | 22.9% | 12.0% | ||
| Q3 25 | 33.6% | 9.7% | ||
| Q2 25 | 29.3% | -2.9% | ||
| Q1 25 | 13.1% | -8.7% | ||
| Q4 24 | 55.5% | 21.4% | ||
| Q3 24 | 54.7% | -11.3% | ||
| Q2 24 | 25.1% | -6.7% |
资本支出强度CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | 34.2% | 0.9% | ||
| Q3 25 | 18.9% | 2.6% | ||
| Q2 25 | 19.4% | 2.6% | ||
| Q1 25 | 18.8% | 6.7% | ||
| Q4 24 | 19.5% | 3.2% | ||
| Q3 24 | 7.2% | 4.2% | ||
| Q2 24 | 28.4% | 1.6% |
现金转化率CWENRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.95× | — | ||
| Q2 25 | 5.79× | — | ||
| Q1 25 | 23.75× | — | ||
| Q4 24 | 64.00× | — | ||
| Q3 24 | 8.36× | — | ||
| Q2 24 | 3.84× | — |
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
CWEN
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
