vs
8X8 INC（EGHT）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
8X8 INC的季度营收约是FTAI Infrastructure Inc.的1.3倍（$185.1M vs $143.5M），8X8 INC净利率更高（2.8% vs -68.1%，领先70.8%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 3.4%），8X8 INC自由现金流更多（$19.1M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 1.6%）
8x8 Inc是源自美国的企业级云通信与客户体验软件服务商，依托云架构为企业提供统一通信、呼叫中心及通信平台即服务（CPaaS）等产品方案，公司总部位于加利福尼亚州坎贝尔，其股票在纳斯达克交易所挂牌交易。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
EGHT vs FIP — 直观对比
营收规模更大
EGHT
是对方的1.3倍
$143.5M
营收增速更快
FIP
高出74.3%
3.4%
净利率更高
EGHT
高出70.8%
-68.1%
自由现金流更多
EGHT
多$87.7M
$-68.6M
两年增速更快
FIP
近两年复合增速
1.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.1M | $143.5M |
| 净利润 | $5.1M | $-97.7M |
| 毛利率 | 63.9% | — |
| 营业利润率 | 5.2% | -45.7% |
| 净利率 | 2.8% | -68.1% |
| 营收同比 | 3.4% | 77.7% |
| 净利润同比 | 68.4% | 21.6% |
| 每股收益（稀释后） | $0.04 | $-1.04 |
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EGHTFIP
| Q4 25 | $185.1M | $143.5M | ||
| Q3 25 | $184.1M | $140.6M | ||
| Q2 25 | $181.4M | $122.3M | ||
| Q1 25 | $177.0M | $96.2M | ||
| Q4 24 | $178.9M | $80.8M | ||
| Q3 24 | $181.0M | $83.3M | ||
| Q2 24 | $178.1M | $84.9M | ||
| Q1 24 | $179.4M | $82.5M |
净利润EGHTFIP
| Q4 25 | $5.1M | $-97.7M | ||
| Q3 25 | $767.0K | $-104.5M | ||
| Q2 25 | $-4.3M | $-70.0M | ||
| Q1 25 | $-5.4M | $120.2M | ||
| Q4 24 | $3.0M | $-124.7M | ||
| Q3 24 | $-14.5M | $-43.0M | ||
| Q2 24 | $-10.3M | $-48.1M | ||
| Q1 24 | $-23.6M | $-50.3M |
毛利率EGHTFIP
| Q4 25 | 63.9% | — | ||
| Q3 25 | 64.8% | — | ||
| Q2 25 | 66.4% | — | ||
| Q1 25 | 67.8% | — | ||
| Q4 24 | 67.7% | — | ||
| Q3 24 | 68.1% | — | ||
| Q2 24 | 67.9% | — | ||
| Q1 24 | 68.2% | — |
营业利润率EGHTFIP
| Q4 25 | 5.2% | -45.7% | ||
| Q3 25 | 2.9% | -70.8% | ||
| Q2 25 | 0.3% | -56.4% | ||
| Q1 25 | 0.2% | 81.8% | ||
| Q4 24 | 5.0% | -152.7% | ||
| Q3 24 | 4.0% | -51.7% | ||
| Q2 24 | -0.8% | -56.4% | ||
| Q1 24 | -7.9% | -58.8% |
净利率EGHTFIP
| Q4 25 | 2.8% | -68.1% | ||
| Q3 25 | 0.4% | -74.4% | ||
| Q2 25 | -2.4% | -57.2% | ||
| Q1 25 | -3.1% | 125.0% | ||
| Q4 24 | 1.7% | -154.4% | ||
| Q3 24 | -8.0% | -51.6% | ||
| Q2 24 | -5.8% | -56.7% | ||
| Q1 24 | -13.1% | -60.9% |
每股收益（稀释后）EGHTFIP
| Q4 25 | $0.04 | $-1.04 | ||
| Q3 25 | $0.01 | $-1.38 | ||
| Q2 25 | $-0.03 | $-0.73 | ||
| Q1 25 | $-0.04 | $0.89 | ||
| Q4 24 | $0.02 | $-1.21 | ||
| Q3 24 | $-0.11 | $-0.45 | ||
| Q2 24 | $-0.08 | $-0.52 | ||
| Q1 24 | $-0.20 | $-0.54 |
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 | $86.9M | $57.4M |
| 总债务越低越好 | $321.2M | $3.8B |
| 股东权益账面价值 | $142.9M | $21.3M |
| 总资产 | $661.5M | $5.7B |
| 负债/权益比越低杠杆越低 | 2.25× | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资EGHTFIP
| Q4 25 | $86.9M | $57.4M | ||
| Q3 25 | $75.9M | $34.7M | ||
| Q2 25 | $81.3M | $33.6M | ||
| Q1 25 | $88.0M | $26.3M | ||
| Q4 24 | $104.2M | $27.8M | ||
| Q3 24 | $117.4M | $20.3M | ||
| Q2 24 | $130.8M | $33.1M | ||
| Q1 24 | $117.3M | $23.0M |
总债务EGHTFIP
| Q4 25 | $321.2M | $3.8B | ||
| Q3 25 | $325.8M | $3.7B | ||
| Q2 25 | $335.4M | $3.1B | ||
| Q1 25 | $350.0M | $2.8B | ||
| Q4 24 | $364.5M | $1.6B | ||
| Q3 24 | $396.9M | $1.5B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | $409.7M | $1.3B |
股东权益EGHTFIP
| Q4 25 | $142.9M | $21.3M | ||
| Q3 25 | $133.2M | $181.1M | ||
| Q2 25 | $128.2M | $375.5M | ||
| Q1 25 | $122.2M | $476.2M | ||
| Q4 24 | $113.0M | $202.7M | ||
| Q3 24 | $109.8M | $370.8M | ||
| Q2 24 | $104.6M | $394.8M | ||
| Q1 24 | $102.0M | $402.5M |
总资产EGHTFIP
| Q4 25 | $661.5M | $5.7B | ||
| Q3 25 | $670.8M | $5.5B | ||
| Q2 25 | $684.3M | $4.4B | ||
| Q1 25 | $683.2M | $4.1B | ||
| Q4 24 | $698.2M | $2.4B | ||
| Q3 24 | $740.1M | $2.4B | ||
| Q2 24 | $755.7M | $2.5B | ||
| Q1 24 | $756.0M | $2.3B |
负债/权益比EGHTFIP
| Q4 25 | 2.25× | 176.99× | ||
| Q3 25 | 2.45× | 20.59× | ||
| Q2 25 | 2.62× | 8.21× | ||
| Q1 25 | 2.86× | 5.79× | ||
| Q4 24 | 3.23× | 7.84× | ||
| Q3 24 | 3.61× | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | 4.02× | 3.34× |
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 | $20.7M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $19.1M | $-68.6M |
| 自由现金流率自由现金流/营收 | 10.3% | -47.8% |
| 资本支出强度资本支出/营收 | 0.9% | 45.9% |
| 现金转化率经营现金流/净利润 | 4.07× | — |
| 过去12个月自由现金流最近4个季度 | $43.8M | $-398.5M |
8季度趋势，按日历期对齐
经营现金流EGHTFIP
| Q4 25 | $20.7M | $-2.8M | ||
| Q3 25 | $8.8M | $-24.4M | ||
| Q2 25 | $11.9M | $-5.2M | ||
| Q1 25 | $5.9M | $-85.7M | ||
| Q4 24 | $27.2M | $-8.1M | ||
| Q3 24 | $12.3M | $14.2M | ||
| Q2 24 | $18.1M | $-17.6M | ||
| Q1 24 | $12.7M | $-3.9M |
自由现金流EGHTFIP
| Q4 25 | $19.1M | $-68.6M | ||
| Q3 25 | $7.7M | $-90.7M | ||
| Q2 25 | $11.5M | $-87.5M | ||
| Q1 25 | $5.5M | $-151.7M | ||
| Q4 24 | $26.8M | $-34.3M | ||
| Q3 24 | $11.1M | $-11.7M | ||
| Q2 24 | $17.8M | $-32.1M | ||
| Q1 24 | $12.3M | $-16.7M |
自由现金流率EGHTFIP
| Q4 25 | 10.3% | -47.8% | ||
| Q3 25 | 4.2% | -64.5% | ||
| Q2 25 | 6.3% | -71.6% | ||
| Q1 25 | 3.1% | -157.7% | ||
| Q4 24 | 15.0% | -42.4% | ||
| Q3 24 | 6.1% | -14.0% | ||
| Q2 24 | 10.0% | -37.9% | ||
| Q1 24 | 6.9% | -20.3% |
资本支出强度EGHTFIP
| Q4 25 | 0.9% | 45.9% | ||
| Q3 25 | 0.6% | 47.2% | ||
| Q2 25 | 0.2% | 67.3% | ||
| Q1 25 | 0.2% | 68.6% | ||
| Q4 24 | 0.3% | 32.5% | ||
| Q3 24 | 0.7% | 31.1% | ||
| Q2 24 | 0.2% | 17.2% | ||
| Q1 24 | 0.2% | 15.6% |
现金转化率EGHTFIP
| Q4 25 | 4.07× | — | ||
| Q3 25 | 11.52× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | 9.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
EGHT
| Services | $179.7M | 97% |
| Other | $5.4M | 3% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
