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FIGS, Inc.（FIGS）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
FIGS, Inc.的季度营收约是Ribbon Communications Inc.的1.2倍（$201.9M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 9.2%，领先45.6%），FIGS, Inc.同比增速更快（33.0% vs -10.3%），过去两年FIGS, Inc.的营收复合增速更高（30.1% vs -8.1%）
FIGS是一家总部位于美国加利福尼亚州圣莫尼卡的服饰企业，由希瑟·哈森与特里娜·斯皮尔于2013年共同创立，二人目前共同担任首席执行官。品牌专注为医疗从业者提供医用刷手服及相关专业产品，是医疗工装领域的知名品牌。
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。
FIGS vs RBBN — 直观对比
营收规模更大
FIGS
是对方的1.2倍
$162.6M
营收增速更快
FIGS
高出43.3%
-10.3%
净利率更高
RBBN
高出45.6%
9.2%
两年增速更快
FIGS
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $201.9M | $162.6M |
| 净利润 | $18.5M | $89.1M |
| 毛利率 | 62.9% | 42.9% |
| 营业利润率 | 9.3% | 37.6% |
| 净利率 | 9.2% | 54.8% |
| 营收同比 | 33.0% | -10.3% |
| 净利润同比 | 881.8% | — |
| 每股收益（稀释后） | $0.10 | $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FIGSRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $201.9M | $227.3M | ||
| Q3 25 | $151.7M | $215.4M | ||
| Q2 25 | $152.6M | $220.6M | ||
| Q1 25 | $124.9M | $181.3M | ||
| Q4 24 | $151.8M | $251.4M | ||
| Q3 24 | $140.2M | $210.2M | ||
| Q2 24 | $144.2M | $192.6M |
净利润FIGSRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $18.5M | — | ||
| Q3 25 | $8.7M | $-12.1M | ||
| Q2 25 | $7.1M | $-11.1M | ||
| Q1 25 | $-102.0K | $-26.2M | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | $-1.7M | $-13.4M | ||
| Q2 24 | $1.1M | $-16.8M |
毛利率FIGSRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 62.9% | 53.3% | ||
| Q3 25 | 69.9% | 50.1% | ||
| Q2 25 | 67.0% | 49.6% | ||
| Q1 25 | 67.6% | 45.4% | ||
| Q4 24 | 67.3% | 55.7% | ||
| Q3 24 | 67.1% | 52.1% | ||
| Q2 24 | 67.4% | 50.8% |
营业利润率FIGSRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 9.3% | 4.1% | ||
| Q3 25 | 6.4% | 1.3% | ||
| Q2 25 | 6.5% | 1.9% | ||
| Q1 25 | -0.2% | -10.8% | ||
| Q4 24 | 5.9% | 13.2% | ||
| Q3 24 | -6.2% | -0.4% | ||
| Q2 24 | 1.1% | -1.0% |
净利率FIGSRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 9.2% | — | ||
| Q3 25 | 5.8% | -5.6% | ||
| Q2 25 | 4.7% | -5.0% | ||
| Q1 25 | -0.1% | -14.5% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | -1.2% | -6.4% | ||
| Q2 24 | 0.8% | -8.7% |
每股收益（稀释后）FIGSRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.10 | $0.50 | ||
| Q3 25 | $0.05 | $-0.07 | ||
| Q2 25 | $0.04 | $-0.06 | ||
| Q1 25 | $0.00 | $-0.15 | ||
| Q4 24 | $0.01 | $0.05 | ||
| Q3 24 | $-0.01 | $-0.08 | ||
| Q2 24 | $0.01 | $-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 | $82.0M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $437.5M | $419.1M |
| 总资产 | $580.0M | — |
| 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FIGSRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $82.0M | $96.4M | ||
| Q3 25 | $46.5M | $74.8M | ||
| Q2 25 | $50.8M | $60.5M | ||
| Q1 25 | $90.0M | $71.2M | ||
| Q4 24 | $85.6M | $87.8M | ||
| Q3 24 | $124.1M | $37.2M | ||
| Q2 24 | $131.8M | $64.6M |
总债务FIGSRBBN
| 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FIGSRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $437.5M | $449.0M | ||
| Q3 25 | $413.3M | $360.1M | ||
| Q2 25 | $396.5M | $370.4M | ||
| Q1 25 | $381.5M | $381.8M | ||
| Q4 24 | $377.1M | $404.6M | ||
| Q3 24 | $403.5M | $395.5M | ||
| Q2 24 | $401.7M | $405.0M |
总资产FIGSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $580.0M | $1.2B | ||
| Q3 25 | $544.7M | $1.1B | ||
| Q2 25 | $517.1M | $1.1B | ||
| Q1 25 | $522.3M | $1.1B | ||
| Q4 24 | $509.8M | $1.2B | ||
| Q3 24 | $542.5M | $1.1B | ||
| Q2 24 | $526.0M | $1.1B |
负债/权益比FIGSRBBN
| 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 | $60.9M | — |
| 自由现金流经营现金流 - 资本支出 | $58.1M | — |
| 自由现金流率自由现金流/营收 | 28.8% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 3.29× | — |
| 过去12个月自由现金流最近4个季度 | $53.0M | — |
8季度趋势，按日历期对齐
经营现金流FIGSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $60.9M | $29.2M | ||
| Q3 25 | $3.4M | $26.5M | ||
| Q2 25 | $-12.4M | $-795.0K | ||
| Q1 25 | $9.2M | $-3.5M | ||
| Q4 24 | $30.4M | $61.8M | ||
| Q3 24 | $22.6M | $-14.8M | ||
| Q2 24 | $16.5M | $-9.8M |
自由现金流FIGSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $58.1M | $27.3M | ||
| Q3 25 | $531.0K | $21.0M | ||
| Q2 25 | $-13.5M | $-6.5M | ||
| Q1 25 | $7.9M | $-15.7M | ||
| Q4 24 | $27.1M | $53.8M | ||
| Q3 24 | $18.4M | $-23.7M | ||
| Q2 24 | $7.5M | $-12.9M |
自由现金流率FIGSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 28.8% | 12.0% | ||
| Q3 25 | 0.4% | 9.7% | ||
| Q2 25 | -8.9% | -2.9% | ||
| Q1 25 | 6.3% | -8.7% | ||
| Q4 24 | 17.8% | 21.4% | ||
| Q3 24 | 13.1% | -11.3% | ||
| Q2 24 | 5.2% | -6.7% |
资本支出强度FIGSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 0.9% | ||
| Q3 25 | 1.9% | 2.6% | ||
| Q2 25 | 0.7% | 2.6% | ||
| Q1 25 | 1.0% | 6.7% | ||
| Q4 24 | 2.2% | 3.2% | ||
| Q3 24 | 3.0% | 4.2% | ||
| Q2 24 | 6.2% | 1.6% |
现金转化率FIGSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 3.29× | — | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | -1.75× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 16.14× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 15.04× | — |
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
FIGS
| Scrubwear | $154.9M | 77% |
| Non Scrubwear Lifestyle | $47.0M | 23% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
