vs
HA Sustainable Infrastructure Capital, Inc.（HASI）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HA Sustainable Infrastructure Capital, Inc.的1.4倍（$162.6M vs $114.8M），Ribbon Communications Inc.净利率更高（54.8% vs -46.8%，领先101.6%），HA Sustainable Infrastructure Capital, Inc.同比增速更快（13.3% vs -10.3%），过去两年HA Sustainable Infrastructure Capital, Inc.的营收复合增速更高（4.2% vs -8.1%）
HA可持续基础设施资本公司（HASI）是一家聚焦可持续基础设施领域的专业投资机构，业务覆盖可再生能源、能效提升、可持续地产及低碳公用事业板块，主要在北美市场运营，为合格绿色项目提供长期资本支持，为投资者创造稳定的经风险调整后回报。
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。
HASI vs RBBN — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $114.8M | $162.6M |
| 净利润 | $-53.8M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | -57.4% | 37.6% |
| 净利率 | -46.8% | 54.8% |
| 营收同比 | 13.3% | -10.3% |
| 净利润同比 | -176.7% | — |
| 每股收益（稀释后） | $-0.38 | $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
| Q1 26 | — | $162.6M | ||
| Q4 25 | $114.8M | $227.3M | ||
| Q3 25 | $103.1M | $215.4M | ||
| Q2 25 | $85.7M | $220.6M | ||
| Q1 25 | $96.9M | $181.3M | ||
| Q4 24 | $101.3M | $251.4M | ||
| Q3 24 | $82.0M | $210.2M | ||
| Q2 24 | $94.5M | $192.6M |
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-53.8M | — | ||
| Q3 25 | $83.3M | $-12.1M | ||
| Q2 25 | $98.4M | $-11.1M | ||
| Q1 25 | $56.6M | $-26.2M | ||
| Q4 24 | $70.1M | — | ||
| Q3 24 | $-19.6M | $-13.4M | ||
| Q2 24 | $26.5M | $-16.8M |
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
| Q1 26 | — | 37.6% | ||
| Q4 25 | -57.4% | 4.1% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | 84.7% | -10.8% | ||
| Q4 24 | 90.9% | 13.2% | ||
| Q3 24 | -32.1% | -0.4% | ||
| Q2 24 | 39.5% | -1.0% |
| Q1 26 | — | 54.8% | ||
| Q4 25 | -46.8% | — | ||
| Q3 25 | 80.8% | -5.6% | ||
| Q2 25 | 114.9% | -5.0% | ||
| Q1 25 | 58.4% | -14.5% | ||
| Q4 24 | 69.2% | — | ||
| Q3 24 | -23.9% | -6.4% | ||
| Q2 24 | 28.1% | -8.7% |
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.38 | $0.50 | ||
| Q3 25 | $0.61 | $-0.07 | ||
| Q2 25 | $0.74 | $-0.06 | ||
| Q1 25 | $0.44 | $-0.15 | ||
| Q4 24 | $0.58 | $0.05 | ||
| Q3 24 | $-0.17 | $-0.08 | ||
| Q2 24 | $0.23 | $-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 | $110.2M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $419.1M |
| 总资产 | $8.2B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $67.6M | ||
| Q4 25 | $110.2M | $96.4M | ||
| Q3 25 | $301.8M | $74.8M | ||
| Q2 25 | $86.5M | $60.5M | ||
| Q1 25 | $67.4M | $71.2M | ||
| Q4 24 | $129.8M | $87.8M | ||
| Q3 24 | $44.1M | $37.2M | ||
| Q2 24 | $145.7M | $64.6M |
| 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 |
| Q1 26 | — | $419.1M | ||
| Q4 25 | $2.7B | $449.0M | ||
| Q3 25 | $2.7B | $360.1M | ||
| Q2 25 | $2.6B | $370.4M | ||
| Q1 25 | $2.5B | $381.8M | ||
| Q4 24 | $2.4B | $404.6M | ||
| Q3 24 | $2.3B | $395.5M | ||
| Q2 24 | $2.3B | $405.0M |
| Q1 26 | — | — | ||
| Q4 25 | $8.2B | $1.2B | ||
| Q3 25 | $8.2B | $1.1B | ||
| Q2 25 | $7.6B | $1.1B | ||
| Q1 25 | $7.5B | $1.1B | ||
| Q4 24 | $7.1B | $1.2B | ||
| Q3 24 | $6.7B | $1.1B | ||
| Q2 24 | $6.7B | $1.1B |
| 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 | $167.3M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $167.3M | $29.2M | ||
| Q3 25 | $-121.8M | $26.5M | ||
| Q2 25 | $79.6M | $-795.0K | ||
| Q1 25 | $-37.1M | $-3.5M | ||
| Q4 24 | $5.9M | $61.8M | ||
| Q3 24 | $21.9M | $-14.8M | ||
| Q2 24 | $-24.8M | $-9.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | — | $-23.7M | ||
| Q2 24 | — | $-12.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | -11.3% | ||
| Q2 24 | — | -6.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -1.46× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | -0.66× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.94× | — |
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
HASI
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
