vs
Fabrinet（FN）与北极星（PII）财务数据对比。点击上方公司名可切换其他公司
北极星的季度营收约是Fabrinet的1.5倍（$1.7B vs $1.1B），Fabrinet净利率更高（9.9% vs -2.8%，领先12.8%），Fabrinet同比增速更快（35.9% vs 8.0%），Fabrinet自由现金流更多（$-5.3M vs $-342.5M），过去两年Fabrinet的营收复合增速更高（24.4% vs -8.0%）
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
FN vs PII — 直观对比
营收规模更大
PII
是对方的1.5倍
$1.1B
营收增速更快
FN
高出27.9%
8.0%
净利率更高
FN
高出12.8%
-2.8%
自由现金流更多
FN
多$337.2M
$-342.5M
两年增速更快
FN
近两年复合增速
-8.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $112.6M | $-47.2M |
| 毛利率 | 12.2% | 20.2% |
| 营业利润率 | 10.1% | 76.5% |
| 净利率 | 9.9% | -2.8% |
| 营收同比 | 35.9% | 8.0% |
| 净利润同比 | 30.0% | 29.0% |
| 每股收益（稀释后） | $3.11 | $-0.83 |
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FNPII
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.9B | ||
| Q3 25 | $978.1M | $1.8B | ||
| Q2 25 | $909.7M | $1.9B | ||
| Q1 25 | $871.8M | $1.5B | ||
| Q4 24 | $833.6M | $1.8B | ||
| Q3 24 | $804.2M | $1.7B | ||
| Q2 24 | $753.3M | $2.0B |
净利润FNPII
| Q1 26 | — | $-47.2M | ||
| Q4 25 | $112.6M | $-303.6M | ||
| Q3 25 | $95.9M | $-15.8M | ||
| Q2 25 | $87.2M | $-79.3M | ||
| Q1 25 | $81.3M | $-66.8M | ||
| Q4 24 | $86.6M | $10.6M | ||
| Q3 24 | $77.4M | $27.7M | ||
| Q2 24 | $81.1M | $68.7M |
毛利率FNPII
| Q1 26 | — | 20.2% | ||
| Q4 25 | 12.2% | 20.0% | ||
| Q3 25 | 11.9% | 20.7% | ||
| Q2 25 | 12.2% | 19.4% | ||
| Q1 25 | 11.7% | 16.0% | ||
| Q4 24 | 12.1% | 20.4% | ||
| Q3 24 | 12.3% | 20.6% | ||
| Q2 24 | 12.3% | 21.6% |
营业利润率FNPII
| Q1 26 | — | 76.5% | ||
| Q4 25 | 10.1% | -16.7% | ||
| Q3 25 | 9.6% | 1.1% | ||
| Q2 25 | 9.8% | -0.7% | ||
| Q1 25 | 9.0% | -2.4% | ||
| Q4 24 | 9.5% | 3.7% | ||
| Q3 24 | 9.6% | 3.8% | ||
| Q2 24 | 9.7% | 6.1% |
净利率FNPII
| Q1 26 | — | -2.8% | ||
| Q4 25 | 9.9% | -15.8% | ||
| Q3 25 | 9.8% | -0.9% | ||
| Q2 25 | 9.6% | -4.3% | ||
| Q1 25 | 9.3% | -4.3% | ||
| Q4 24 | 10.4% | 0.6% | ||
| Q3 24 | 9.6% | 1.6% | ||
| Q2 24 | 10.8% | 3.5% |
每股收益（稀释后）FNPII
| Q1 26 | — | $-0.83 | ||
| Q4 25 | $3.11 | $-5.34 | ||
| Q3 25 | $2.66 | $-0.28 | ||
| Q2 25 | $2.41 | $-1.39 | ||
| Q1 25 | $2.25 | $-1.17 | ||
| Q4 24 | $2.38 | $0.18 | ||
| Q3 24 | $2.13 | $0.49 | ||
| Q2 24 | $2.22 | $1.21 |
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 | $960.8M | $282.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $750.4M |
| 总资产 | $3.3B | $5.2B |
| 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FNPII
| Q1 26 | — | $282.0M | ||
| Q4 25 | $960.8M | $138.0M | ||
| Q3 25 | $968.8M | $335.5M | ||
| Q2 25 | $934.2M | $324.3M | ||
| Q1 25 | $950.7M | $291.7M | ||
| Q4 24 | $934.6M | $287.8M | ||
| Q3 24 | $908.9M | $291.3M | ||
| Q2 24 | $858.6M | $322.7M |
总债务FNPII
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.1B |
股东权益FNPII
| Q1 26 | — | $750.4M | ||
| Q4 25 | $2.2B | $828.4M | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.7B | $1.3B |
总资产FNPII
| Q1 26 | — | $5.2B | ||
| Q4 25 | $3.3B | $4.9B | ||
| Q3 25 | $3.0B | $5.3B | ||
| Q2 25 | $2.8B | $5.4B | ||
| Q1 25 | $2.6B | $5.5B | ||
| Q4 24 | $2.5B | $5.5B | ||
| Q3 24 | $2.4B | $5.6B | ||
| Q2 24 | $2.3B | $5.7B |
负债/权益比FNPII
| Q1 26 | — | — | ||
| Q4 25 | — | 1.82× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 1.56× |
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 | $46.3M | — |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $-342.5M |
| 自由现金流率自由现金流/营收 | -0.5% | -20.6% |
| 资本支出强度资本支出/营收 | 4.6% | — |
| 现金转化率经营现金流/净利润 | 0.41× | — |
| 过去12个月自由现金流最近4个季度 | $102.3M | $168.0M |
8季度趋势，按日历期对齐
经营现金流FNPII
| Q1 26 | — | — | ||
| Q4 25 | $46.3M | $178.7M | ||
| Q3 25 | $102.6M | $158.8M | ||
| Q2 25 | $55.1M | $320.3M | ||
| Q1 25 | $74.2M | $83.2M | ||
| Q4 24 | $115.9M | $206.3M | ||
| Q3 24 | $83.2M | $21.0M | ||
| Q2 24 | $83.1M | $146.3M |
自由现金流FNPII
| Q1 26 | — | $-342.5M | ||
| Q4 25 | $-5.3M | $114.0M | ||
| Q3 25 | $57.3M | $116.7M | ||
| Q2 25 | $4.7M | $279.8M | ||
| Q1 25 | $45.7M | $47.6M | ||
| Q4 24 | $94.0M | $137.3M | ||
| Q3 24 | $62.9M | $-32.4M | ||
| Q2 24 | $70.4M | $79.1M |
自由现金流率FNPII
| Q1 26 | — | -20.6% | ||
| Q4 25 | -0.5% | 5.9% | ||
| Q3 25 | 5.9% | 6.3% | ||
| Q2 25 | 0.5% | 15.1% | ||
| Q1 25 | 5.2% | 3.1% | ||
| Q4 24 | 11.3% | 7.8% | ||
| Q3 24 | 7.8% | -1.9% | ||
| Q2 24 | 9.3% | 4.0% |
资本支出强度FNPII
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 3.4% | ||
| Q3 25 | 4.6% | 2.3% | ||
| Q2 25 | 5.5% | 2.2% | ||
| Q1 25 | 3.3% | 2.3% | ||
| Q4 24 | 2.6% | 3.9% | ||
| Q3 24 | 2.5% | 3.1% | ||
| Q2 24 | 1.7% | 3.4% |
现金转化率FNPII
| Q1 26 | — | — | ||
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | 19.46× | ||
| Q3 24 | 1.07× | 0.76× | ||
| Q2 24 | 1.02× | 2.13× |
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
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
PII
暂无分部数据
