vs
Groupon, Inc.（GRPN）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
Ribbon Communications Inc.的季度营收约是Groupon, Inc.的1.2倍（$162.6M vs $132.7M），Ribbon Communications Inc.净利率更高（54.8% vs 6.0%，领先48.8%），Groupon, Inc.同比增速更快（1.8% vs -10.3%），过去两年Groupon, Inc.的营收复合增速更高（3.8% vs -8.1%）
Groupon股份有限公司是源自美国的电子商务平台，业务覆盖全球13个国家，主打本地生活服务领域，主打以团购优惠券的模式，连接消费者与本地商户，覆盖休闲活动、旅行、商品及各类生活服务等多个品类。
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。
GRPN vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.2倍
$132.7M
营收增速更快
GRPN
高出12.1%
-10.3%
净利率更高
RBBN
高出48.8%
6.0%
两年增速更快
GRPN
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $132.7M | $162.6M |
| 净利润 | $7.9M | $89.1M |
| 毛利率 | 90.4% | 42.9% |
| 营业利润率 | 4.9% | 37.6% |
| 净利率 | 6.0% | 54.8% |
| 营收同比 | 1.8% | -10.3% |
| 净利润同比 | 115.8% | — |
| 每股收益（稀释后） | $0.21 | $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GRPNRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $132.7M | $227.3M | ||
| Q3 25 | $122.8M | $215.4M | ||
| Q2 25 | $125.7M | $220.6M | ||
| Q1 25 | $117.2M | $181.3M | ||
| Q4 24 | $130.4M | $251.4M | ||
| Q3 24 | $114.5M | $210.2M | ||
| Q2 24 | $124.6M | $192.6M |
净利润GRPNRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $7.9M | — | ||
| Q3 25 | $-118.4M | $-12.1M | ||
| Q2 25 | $20.3M | $-11.1M | ||
| Q1 25 | $7.2M | $-26.2M | ||
| Q4 24 | $-50.1M | — | ||
| Q3 24 | $13.9M | $-13.4M | ||
| Q2 24 | $-10.0M | $-16.8M |
毛利率GRPNRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 90.4% | 53.3% | ||
| Q3 25 | 91.1% | 50.1% | ||
| Q2 25 | 91.0% | 49.6% | ||
| Q1 25 | 90.7% | 45.4% | ||
| Q4 24 | 90.6% | 55.7% | ||
| Q3 24 | 89.9% | 52.1% | ||
| Q2 24 | 90.4% | 50.8% |
营业利润率GRPNRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 4.9% | 4.1% | ||
| Q3 25 | 1.8% | 1.3% | ||
| Q2 25 | 10.4% | 1.9% | ||
| Q1 25 | 1.6% | -10.8% | ||
| Q4 24 | 2.0% | 13.2% | ||
| Q3 24 | -4.9% | -0.4% | ||
| Q2 24 | 3.5% | -1.0% |
净利率GRPNRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | -96.4% | -5.6% | ||
| Q2 25 | 16.2% | -5.0% | ||
| Q1 25 | 6.1% | -14.5% | ||
| Q4 24 | -38.4% | — | ||
| Q3 24 | 12.2% | -6.4% | ||
| Q2 24 | -8.1% | -8.7% |
每股收益（稀释后）GRPNRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.21 | $0.50 | ||
| Q3 25 | $-2.92 | $-0.07 | ||
| Q2 25 | $0.46 | $-0.06 | ||
| Q1 25 | $0.17 | $-0.15 | ||
| Q4 24 | $-1.26 | $0.05 | ||
| Q3 24 | $0.33 | $-0.08 | ||
| Q2 24 | $-0.25 | $-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 | $296.1M | $67.6M |
| 总债务越低越好 | $342.8M | — |
| 股东权益账面价值 | $-42.6M | $419.1M |
| 总资产 | $670.4M | — |
| 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GRPNRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $296.1M | $96.4M | ||
| Q3 25 | $238.5M | $74.8M | ||
| Q2 25 | $262.6M | $60.5M | ||
| Q1 25 | $226.8M | $71.2M | ||
| Q4 24 | $228.8M | $87.8M | ||
| Q3 24 | $159.7M | $37.2M | ||
| Q2 24 | $178.1M | $64.6M |
总债务GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | $342.8M | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | $246.0M | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益GRPNRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $-42.6M | $449.0M | ||
| Q3 25 | $-59.6M | $360.1M | ||
| Q2 25 | $51.2M | $370.4M | ||
| Q1 25 | $45.5M | $381.8M | ||
| Q4 24 | $40.8M | $404.6M | ||
| Q3 24 | $40.0M | $395.5M | ||
| Q2 24 | $40.2M | $405.0M |
总资产GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | $670.4M | $1.2B | ||
| Q3 25 | $608.2M | $1.1B | ||
| Q2 25 | $647.4M | $1.1B | ||
| Q1 25 | $608.2M | $1.1B | ||
| Q4 24 | $612.7M | $1.2B | ||
| Q3 24 | $548.0M | $1.1B | ||
| Q2 24 | $572.8M | $1.1B |
负债/权益比GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | 6.03× | 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 | $56.6M | — |
| 自由现金流经营现金流 - 资本支出 | $53.0M | — |
| 自由现金流率自由现金流/营收 | 40.0% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 现金转化率经营现金流/净利润 | 7.13× | — |
| 过去12个月自由现金流最近4个季度 | $49.9M | — |
8季度趋势，按日历期对齐
经营现金流GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | $56.6M | $29.2M | ||
| Q3 25 | $-20.5M | $26.5M | ||
| Q2 25 | $28.4M | $-795.0K | ||
| Q1 25 | $-22.0K | $-3.5M | ||
| Q4 24 | $67.0M | $61.8M | ||
| Q3 24 | $-16.3M | $-14.8M | ||
| Q2 24 | $15.3M | $-9.8M |
自由现金流GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | $53.0M | $27.3M | ||
| Q3 25 | $-24.6M | $21.0M | ||
| Q2 25 | $25.2M | $-6.5M | ||
| Q1 25 | $-3.8M | $-15.7M | ||
| Q4 24 | $63.2M | $53.8M | ||
| Q3 24 | $-19.7M | $-23.7M | ||
| Q2 24 | $10.8M | $-12.9M |
自由现金流率GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | 40.0% | 12.0% | ||
| Q3 25 | -20.0% | 9.7% | ||
| Q2 25 | 20.0% | -2.9% | ||
| Q1 25 | -3.2% | -8.7% | ||
| Q4 24 | 48.5% | 21.4% | ||
| Q3 24 | -17.2% | -11.3% | ||
| Q2 24 | 8.7% | -6.7% |
资本支出强度GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 0.9% | ||
| Q3 25 | 3.3% | 2.6% | ||
| Q2 25 | 2.6% | 2.6% | ||
| Q1 25 | 3.2% | 6.7% | ||
| Q4 24 | 2.9% | 3.2% | ||
| Q3 24 | 3.0% | 4.2% | ||
| Q2 24 | 3.6% | 1.6% |
现金转化率GRPNRBBN
| Q1 26 | — | — | ||
| Q4 25 | 7.13× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.40× | — | ||
| Q1 25 | -0.00× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -1.17× | — | ||
| 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
GRPN
| Service Local | $94.8M | 71% |
| Other | $35.6M | 27% |
| Service Travel | $2.3M | 2% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
