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Fabrinet（FN）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是Fabrinet的1.0倍（$1.2B vs $1.1B），Fabrinet净利率更高（9.9% vs 8.9%，领先1.0%），Sunrun Inc.同比增速更快（123.5% vs 35.9%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 24.4%）
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。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
FN vs RUN — 直观对比
营收规模更大
RUN
是对方的1.0倍
$1.1B
营收增速更快
RUN
高出87.6%
35.9%
净利率更高
FN
高出1.0%
8.9%
两年增速更快
RUN
近两年复合增速
24.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $112.6M | $103.6M |
| 毛利率 | 12.2% | — |
| 营业利润率 | 10.1% | 8.4% |
| 净利率 | 9.9% | 8.9% |
| 营收同比 | 35.9% | 123.5% |
| 净利润同比 | 30.0% | 103.7% |
| 每股收益（稀释后） | $3.11 | $0.38 |
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FNRUN
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $978.1M | $724.6M | ||
| Q2 25 | $909.7M | $569.3M | ||
| Q1 25 | $871.8M | $504.3M | ||
| Q4 24 | $833.6M | $518.5M | ||
| Q3 24 | $804.2M | $537.2M | ||
| Q2 24 | $753.3M | $523.9M | ||
| Q1 24 | $731.5M | $458.2M |
净利润FNRUN
| Q4 25 | $112.6M | $103.6M | ||
| Q3 25 | $95.9M | $16.6M | ||
| Q2 25 | $87.2M | $279.8M | ||
| Q1 25 | $81.3M | $50.0M | ||
| Q4 24 | $86.6M | $-2.8B | ||
| Q3 24 | $77.4M | $-83.8M | ||
| Q2 24 | $81.1M | $139.1M | ||
| Q1 24 | $80.9M | $-87.8M |
毛利率FNRUN
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.3% | — | ||
| Q1 24 | 12.4% | — |
营业利润率FNRUN
| Q4 25 | 10.1% | 8.4% | ||
| Q3 25 | 9.6% | 0.5% | ||
| Q2 25 | 9.8% | -19.7% | ||
| Q1 25 | 9.0% | -22.8% | ||
| Q4 24 | 9.5% | -628.0% | ||
| Q3 24 | 9.6% | -23.8% | ||
| Q2 24 | 9.7% | -24.4% | ||
| Q1 24 | 9.7% | -40.0% |
净利率FNRUN
| Q4 25 | 9.9% | 8.9% | ||
| Q3 25 | 9.8% | 2.3% | ||
| Q2 25 | 9.6% | 49.1% | ||
| Q1 25 | 9.3% | 9.9% | ||
| Q4 24 | 10.4% | -542.7% | ||
| Q3 24 | 9.6% | -15.6% | ||
| Q2 24 | 10.8% | 26.5% | ||
| Q1 24 | 11.1% | -19.2% |
每股收益（稀释后）FNRUN
| Q4 25 | $3.11 | $0.38 | ||
| Q3 25 | $2.66 | $0.06 | ||
| Q2 25 | $2.41 | $1.07 | ||
| Q1 25 | $2.25 | $0.20 | ||
| Q4 24 | $2.38 | $-12.59 | ||
| Q3 24 | $2.13 | $-0.37 | ||
| Q2 24 | $2.22 | $0.55 | ||
| Q1 24 | $2.21 | $-0.40 |
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 | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $2.2B | $3.1B |
| 总资产 | $3.3B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资FNRUN
| Q4 25 | $960.8M | — | ||
| Q3 25 | $968.8M | — | ||
| Q2 25 | $934.2M | — | ||
| Q1 25 | $950.7M | — | ||
| Q4 24 | $934.6M | — | ||
| Q3 24 | $908.9M | — | ||
| Q2 24 | $858.6M | — | ||
| Q1 24 | $794.0M | — |
总债务FNRUN
| Q4 25 | — | $14.7B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | — | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $12.5B | ||
| Q2 24 | — | $12.0B | ||
| Q1 24 | — | $11.1B |
股东权益FNRUN
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.1B | $3.0B | ||
| Q2 25 | $2.0B | $2.9B | ||
| Q1 25 | $1.9B | $2.6B | ||
| Q4 24 | $1.8B | $2.6B | ||
| Q3 24 | $1.8B | $5.3B | ||
| Q2 24 | $1.7B | $5.4B | ||
| Q1 24 | $1.7B | $5.2B |
总资产FNRUN
| Q4 25 | $3.3B | $22.6B | ||
| Q3 25 | $3.0B | $22.2B | ||
| Q2 25 | $2.8B | $21.2B | ||
| Q1 25 | $2.6B | $20.4B | ||
| Q4 24 | $2.5B | $19.9B | ||
| Q3 24 | $2.4B | $22.1B | ||
| Q2 24 | $2.3B | $21.4B | ||
| Q1 24 | $2.2B | $20.8B |
负债/权益比FNRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | — | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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 | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | — |
| 自由现金流率自由现金流/营收 | -0.5% | — |
| 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× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $102.3M | — |
8季度趋势，按日历期对齐
经营现金流FNRUN
| Q4 25 | $46.3M | $96.9M | ||
| Q3 25 | $102.6M | $-121.5M | ||
| Q2 25 | $55.1M | $-292.7M | ||
| Q1 25 | $74.2M | $-104.2M | ||
| Q4 24 | $115.9M | $-258.4M | ||
| Q3 24 | $83.2M | $-156.2M | ||
| Q2 24 | $83.1M | $-208.5M | ||
| Q1 24 | $100.9M | $-143.1M |
自由现金流FNRUN
| Q4 25 | $-5.3M | — | ||
| Q3 25 | $57.3M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $45.7M | — | ||
| Q4 24 | $94.0M | — | ||
| Q3 24 | $62.9M | $-156.4M | ||
| Q2 24 | $70.4M | — | ||
| Q1 24 | $87.3M | — |
自由现金流率FNRUN
| Q4 25 | -0.5% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 11.3% | — | ||
| Q3 24 | 7.8% | -29.1% | ||
| Q2 24 | 9.3% | — | ||
| Q1 24 | 11.9% | — |
资本支出强度FNRUN
| Q4 25 | 4.6% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.5% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | 0.0% | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 1.9% | — |
现金转化率FNRUN
| Q4 25 | 0.41× | 0.94× | ||
| Q3 25 | 1.07× | -7.33× | ||
| Q2 25 | 0.63× | -1.05× | ||
| Q1 25 | 0.91× | -2.08× | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.07× | — | ||
| Q2 24 | 1.02× | -1.50× | ||
| Q1 24 | 1.25× | — |
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% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
