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Fabrinet（FN）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Fabrinet的季度营收约是Tyler Technologies的2.0倍（$1.1B vs $575.2M），Tyler Technologies净利率更高（11.4% vs 9.9%，领先1.5%），Fabrinet同比增速更快（35.9% vs 6.3%），Tyler Technologies自由现金流更多（$239.6M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs 6.0%）
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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
FN vs TYL — 直观对比
营收规模更大
FN
是对方的2.0倍
$575.2M
营收增速更快
FN
高出29.6%
6.3%
净利率更高
TYL
高出1.5%
9.9%
自由现金流更多
TYL
多$244.9M
$-5.3M
两年增速更快
FN
近两年复合增速
6.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $575.2M |
| 净利润 | $112.6M | $65.5M |
| 毛利率 | 12.2% | 45.5% |
| 营业利润率 | 10.1% | 13.0% |
| 净利率 | 9.9% | 11.4% |
| 营收同比 | 35.9% | 6.3% |
| 净利润同比 | 30.0% | 0.5% |
| 每股收益（稀释后） | $3.11 | $1.50 |
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FNTYL
| Q4 25 | $1.1B | $575.2M | ||
| Q3 25 | $978.1M | $595.9M | ||
| Q2 25 | $909.7M | $596.1M | ||
| Q1 25 | $871.8M | $565.2M | ||
| Q4 24 | $833.6M | $541.1M | ||
| Q3 24 | $804.2M | $543.3M | ||
| Q2 24 | $753.3M | $541.0M | ||
| Q1 24 | $731.5M | $512.4M |
净利润FNTYL
| Q4 25 | $112.6M | $65.5M | ||
| Q3 25 | $95.9M | $84.4M | ||
| Q2 25 | $87.2M | $84.6M | ||
| Q1 25 | $81.3M | $81.1M | ||
| Q4 24 | $86.6M | $65.2M | ||
| Q3 24 | $77.4M | $75.9M | ||
| Q2 24 | $81.1M | $67.7M | ||
| Q1 24 | $80.9M | $54.2M |
毛利率FNTYL
| Q4 25 | 12.2% | 45.5% | ||
| Q3 25 | 11.9% | 47.2% | ||
| Q2 25 | 12.2% | 45.8% | ||
| Q1 25 | 11.7% | 47.3% | ||
| Q4 24 | 12.1% | 43.8% | ||
| Q3 24 | 12.3% | 43.7% | ||
| Q2 24 | 12.3% | 44.0% | ||
| Q1 24 | 12.4% | 43.7% |
营业利润率FNTYL
| Q4 25 | 10.1% | 13.0% | ||
| Q3 25 | 9.6% | 16.4% | ||
| Q2 25 | 9.8% | 16.0% | ||
| Q1 25 | 9.0% | 15.8% | ||
| Q4 24 | 9.5% | 13.2% | ||
| Q3 24 | 9.6% | 15.2% | ||
| Q2 24 | 9.7% | 14.4% | ||
| Q1 24 | 9.7% | 13.1% |
净利率FNTYL
| Q4 25 | 9.9% | 11.4% | ||
| Q3 25 | 9.8% | 14.2% | ||
| Q2 25 | 9.6% | 14.2% | ||
| Q1 25 | 9.3% | 14.3% | ||
| Q4 24 | 10.4% | 12.1% | ||
| Q3 24 | 9.6% | 14.0% | ||
| Q2 24 | 10.8% | 12.5% | ||
| Q1 24 | 11.1% | 10.6% |
每股收益（稀释后）FNTYL
| Q4 25 | $3.11 | $1.50 | ||
| Q3 25 | $2.66 | $1.93 | ||
| Q2 25 | $2.41 | $1.93 | ||
| Q1 25 | $2.25 | $1.84 | ||
| Q4 24 | $2.38 | $1.48 | ||
| Q3 24 | $2.13 | $1.74 | ||
| Q2 24 | $2.22 | $1.57 | ||
| Q1 24 | $2.21 | $1.26 |
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 | $1.1B |
| 总债务越低越好 | — | $599.7M |
| 股东权益账面价值 | $2.2B | $3.7B |
| 总资产 | $3.3B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资FNTYL
| Q4 25 | $960.8M | $1.1B | ||
| Q3 25 | $968.8M | $950.8M | ||
| Q2 25 | $934.2M | $892.3M | ||
| Q1 25 | $950.7M | $807.4M | ||
| Q4 24 | $934.6M | $768.0M | ||
| Q3 24 | $908.9M | $544.3M | ||
| Q2 24 | $858.6M | $258.0M | ||
| Q1 24 | $794.0M | $196.9M |
总债务FNTYL
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M | ||
| Q1 24 | — | $596.6M |
股东权益FNTYL
| Q4 25 | $2.2B | $3.7B | ||
| Q3 25 | $2.1B | $3.6B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $1.9B | $3.5B | ||
| Q4 24 | $1.8B | $3.4B | ||
| Q3 24 | $1.8B | $3.3B | ||
| Q2 24 | $1.7B | $3.1B | ||
| Q1 24 | $1.7B | $3.0B |
总资产FNTYL
| Q4 25 | $3.3B | $5.6B | ||
| Q3 25 | $3.0B | $5.5B | ||
| Q2 25 | $2.8B | $5.4B | ||
| Q1 25 | $2.6B | $5.2B | ||
| Q4 24 | $2.5B | $5.2B | ||
| Q3 24 | $2.4B | $5.0B | ||
| Q2 24 | $2.3B | $4.8B | ||
| Q1 24 | $2.2B | $4.6B |
负债/权益比FNTYL
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.20× |
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 | $243.9M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $239.6M |
| 自由现金流率自由现金流/营收 | -0.5% | 41.7% |
| 资本支出强度资本支出/营收 | 4.6% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.41× | 3.72× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $637.5M |
8季度趋势，按日历期对齐
经营现金流FNTYL
| Q4 25 | $46.3M | $243.9M | ||
| Q3 25 | $102.6M | $255.2M | ||
| Q2 25 | $55.1M | $98.3M | ||
| Q1 25 | $74.2M | $56.2M | ||
| Q4 24 | $115.9M | $224.8M | ||
| Q3 24 | $83.2M | $263.7M | ||
| Q2 24 | $83.1M | $64.3M | ||
| Q1 24 | $100.9M | $71.8M |
自由现金流FNTYL
| Q4 25 | $-5.3M | $239.6M | ||
| Q3 25 | $57.3M | $251.3M | ||
| Q2 25 | $4.7M | $92.8M | ||
| Q1 25 | $45.7M | $53.8M | ||
| Q4 24 | $94.0M | $221.0M | ||
| Q3 24 | $62.9M | $260.8M | ||
| Q2 24 | $70.4M | $57.7M | ||
| Q1 24 | $87.3M | $64.6M |
自由现金流率FNTYL
| Q4 25 | -0.5% | 41.7% | ||
| Q3 25 | 5.9% | 42.2% | ||
| Q2 25 | 0.5% | 15.6% | ||
| Q1 25 | 5.2% | 9.5% | ||
| Q4 24 | 11.3% | 40.8% | ||
| Q3 24 | 7.8% | 48.0% | ||
| Q2 24 | 9.3% | 10.7% | ||
| Q1 24 | 11.9% | 12.6% |
资本支出强度FNTYL
| Q4 25 | 4.6% | 0.8% | ||
| Q3 25 | 4.6% | 0.7% | ||
| Q2 25 | 5.5% | 0.9% | ||
| Q1 25 | 3.3% | 0.4% | ||
| Q4 24 | 2.6% | 0.7% | ||
| Q3 24 | 2.5% | 0.5% | ||
| Q2 24 | 1.7% | 1.2% | ||
| Q1 24 | 1.9% | 1.4% |
现金转化率FNTYL
| Q4 25 | 0.41× | 3.72× | ||
| Q3 25 | 1.07× | 3.02× | ||
| Q2 25 | 0.63× | 1.16× | ||
| Q1 25 | 0.91× | 0.69× | ||
| Q4 24 | 1.34× | 3.45× | ||
| Q3 24 | 1.07× | 3.47× | ||
| Q2 24 | 1.02× | 0.95× | ||
| Q1 24 | 1.25× | 1.33× |
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% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |
