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FORUM ENERGY TECHNOLOGIES, INC.（FET）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
FORUM ENERGY TECHNOLOGIES, INC.的季度营收约是Ribbon Communications Inc.的1.3倍（$208.7M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 2.2%，领先52.6%），FORUM ENERGY TECHNOLOGIES, INC.同比增速更快（3.2% vs -10.3%），过去两年FORUM ENERGY TECHNOLOGIES, INC.的营收复合增速更高（0.8% vs -8.1%）
Forum Energy Technologies是一家美国能源领域产品企业，面向全球油气及可再生能源行业，提供相关产品与配套服务，在能源产业链中为上下游客户供应专业配套解决方案。
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。
FET vs RBBN — 直观对比
营收规模更大
FET
是对方的1.3倍
$162.6M
营收增速更快
FET
高出13.5%
-10.3%
净利率更高
RBBN
高出52.6%
2.2%
两年增速更快
FET
近两年复合增速
-8.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $208.7M | $162.6M |
| 净利润 | $4.5M | $89.1M |
| 毛利率 | 29.2% | 42.9% |
| 营业利润率 | 5.3% | 37.6% |
| 净利率 | 2.2% | 54.8% |
| 营收同比 | 3.2% | -10.3% |
| 净利润同比 | 300.4% | — |
| 每股收益（稀释后） | $0.39 | $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FETRBBN
| Q1 26 | $208.7M | $162.6M | ||
| Q4 25 | $202.2M | $227.3M | ||
| Q3 25 | $196.2M | $215.4M | ||
| Q2 25 | $199.8M | $220.6M | ||
| Q1 25 | $193.3M | $181.3M | ||
| Q4 24 | $201.0M | $251.4M | ||
| Q3 24 | $207.8M | $210.2M | ||
| Q2 24 | $205.2M | $192.6M |
净利润FETRBBN
| Q1 26 | $4.5M | $89.1M | ||
| Q4 25 | $2.1M | — | ||
| Q3 25 | $-20.6M | $-12.1M | ||
| Q2 25 | $7.7M | $-11.1M | ||
| Q1 25 | $1.1M | $-26.2M | ||
| Q4 24 | $-103.5M | — | ||
| Q3 24 | $-14.8M | $-13.4M | ||
| Q2 24 | $-6.7M | $-16.8M |
毛利率FETRBBN
| Q1 26 | 29.2% | 42.9% | ||
| Q4 25 | 30.2% | 53.3% | ||
| Q3 25 | 20.5% | 50.1% | ||
| Q2 25 | 29.7% | 49.6% | ||
| Q1 25 | 30.2% | 45.4% | ||
| Q4 24 | 31.1% | 55.7% | ||
| Q3 24 | 31.6% | 52.1% | ||
| Q2 24 | 30.7% | 50.8% |
营业利润率FETRBBN
| Q1 26 | 5.3% | 37.6% | ||
| Q4 25 | 6.3% | 4.1% | ||
| Q3 25 | -3.1% | 1.3% | ||
| Q2 25 | 7.4% | 1.9% | ||
| Q1 25 | 4.6% | -10.8% | ||
| Q4 24 | -53.1% | 13.2% | ||
| Q3 24 | 4.3% | -0.4% | ||
| Q2 24 | 3.9% | -1.0% |
净利率FETRBBN
| Q1 26 | 2.2% | 54.8% | ||
| Q4 25 | 1.0% | — | ||
| Q3 25 | -10.5% | -5.6% | ||
| Q2 25 | 3.9% | -5.0% | ||
| Q1 25 | 0.6% | -14.5% | ||
| Q4 24 | -51.5% | — | ||
| Q3 24 | -7.1% | -6.4% | ||
| Q2 24 | -3.3% | -8.7% |
每股收益（稀释后）FETRBBN
| Q1 26 | $0.39 | $0.50 | ||
| Q4 25 | $0.25 | $0.50 | ||
| Q3 25 | $-1.76 | $-0.07 | ||
| Q2 25 | $0.61 | $-0.06 | ||
| Q1 25 | $0.09 | $-0.15 | ||
| Q4 24 | $-8.41 | $0.05 | ||
| Q3 24 | $-1.20 | $-0.08 | ||
| Q2 24 | $-0.54 | $-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 | $37.5M | $67.6M |
| 总债务越低越好 | $153.7M | — |
| 股东权益账面价值 | $280.7M | $419.1M |
| 总资产 | $763.1M | — |
| 负债/权益比越低杠杆越低 | 0.55× | — |
8季度趋势，按日历期对齐
现金及短期投资FETRBBN
| Q1 26 | $37.5M | $67.6M | ||
| Q4 25 | $34.7M | $96.4M | ||
| Q3 25 | $31.7M | $74.8M | ||
| Q2 25 | $39.0M | $60.5M | ||
| Q1 25 | $31.1M | $71.2M | ||
| Q4 24 | $44.7M | $87.8M | ||
| Q3 24 | $33.3M | $37.2M | ||
| Q2 24 | $31.8M | $64.6M |
总债务FETRBBN
| Q1 26 | $153.7M | — | ||
| Q4 25 | $135.9M | $342.1M | ||
| Q3 25 | $140.0M | $344.3M | ||
| Q2 25 | $159.3M | $346.5M | ||
| Q1 25 | $171.4M | $347.4M | ||
| Q4 24 | $188.4M | $348.3M | ||
| Q3 24 | $231.5M | $349.1M | ||
| Q2 24 | $252.9M | $350.0M |
股东权益FETRBBN
| Q1 26 | $280.7M | $419.1M | ||
| Q4 25 | $291.1M | $449.0M | ||
| Q3 25 | $297.3M | $360.1M | ||
| Q2 25 | $334.2M | $370.4M | ||
| Q1 25 | $320.0M | $381.8M | ||
| Q4 24 | $319.9M | $404.6M | ||
| Q3 24 | $443.5M | $395.5M | ||
| Q2 24 | $442.0M | $405.0M |
总资产FETRBBN
| Q1 26 | $763.1M | — | ||
| Q4 25 | $752.5M | $1.2B | ||
| Q3 25 | $770.1M | $1.1B | ||
| Q2 25 | $810.1M | $1.1B | ||
| Q1 25 | $790.1M | $1.1B | ||
| Q4 24 | $816.0M | $1.2B | ||
| Q3 24 | $973.7M | $1.1B | ||
| Q2 24 | $976.8M | $1.1B |
负债/权益比FETRBBN
| Q1 26 | 0.55× | — | ||
| Q4 25 | 0.47× | 0.76× | ||
| Q3 25 | 0.47× | 0.96× | ||
| Q2 25 | 0.48× | 0.94× | ||
| Q1 25 | 0.54× | 0.91× | ||
| Q4 24 | 0.59× | 0.86× | ||
| Q3 24 | 0.52× | 0.88× | ||
| Q2 24 | 0.57× | 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 | $1.6M | — |
| 自由现金流经营现金流 - 资本支出 | $1.4M | — |
| 自由现金流率自由现金流/营收 | 0.7% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 0.36× | — |
| 过去12个月自由现金流最近4个季度 | $58.5M | — |
8季度趋势，按日历期对齐
经营现金流FETRBBN
| Q1 26 | $1.6M | — | ||
| Q4 25 | $22.4M | $29.2M | ||
| Q3 25 | $22.9M | $26.5M | ||
| Q2 25 | $15.8M | $-795.0K | ||
| Q1 25 | $9.3M | $-3.5M | ||
| Q4 24 | $38.5M | $61.8M | ||
| Q3 24 | $25.6M | $-14.8M | ||
| Q2 24 | $23.1M | $-9.8M |
自由现金流FETRBBN
| Q1 26 | $1.4M | — | ||
| Q4 25 | $20.9M | $27.3M | ||
| Q3 25 | $21.5M | $21.0M | ||
| Q2 25 | $14.8M | $-6.5M | ||
| Q1 25 | $7.2M | $-15.7M | ||
| Q4 24 | $36.1M | $53.8M | ||
| Q3 24 | $24.3M | $-23.7M | ||
| Q2 24 | $21.6M | $-12.9M |
自由现金流率FETRBBN
| Q1 26 | 0.7% | — | ||
| Q4 25 | 10.3% | 12.0% | ||
| Q3 25 | 10.9% | 9.7% | ||
| Q2 25 | 7.4% | -2.9% | ||
| Q1 25 | 3.7% | -8.7% | ||
| Q4 24 | 18.0% | 21.4% | ||
| Q3 24 | 11.7% | -11.3% | ||
| Q2 24 | 10.5% | -6.7% |
资本支出强度FETRBBN
| Q1 26 | 0.1% | — | ||
| Q4 25 | 0.8% | 0.9% | ||
| Q3 25 | 0.7% | 2.6% | ||
| Q2 25 | 0.5% | 2.6% | ||
| Q1 25 | 1.1% | 6.7% | ||
| Q4 24 | 1.2% | 3.2% | ||
| Q3 24 | 0.6% | 4.2% | ||
| Q2 24 | 0.7% | 1.6% |
现金转化率FETRBBN
| Q1 26 | 0.36× | — | ||
| Q4 25 | 10.83× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.05× | — | ||
| Q1 25 | 8.31× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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
FET
| Drilling and Completions | $126.7M | 61% |
| Downhole | $50.6M | 24% |
| Production Equipment | $18.8M | 9% |
| Valve Solutions | $12.8M | 6% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
