vs
IHS Holding Ltd（IHS）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
IHS Holding Ltd的季度营收约是Ribbon Communications Inc.的1.6倍（$254.0M vs $162.6M），IHS Holding Ltd同比增速更快（0.1% vs -10.3%），过去两年Ribbon Communications Inc.的营收复合增速更高（-8.1% vs -22.0%）
IHS Holding是全球规模领先的共享通信基础设施独立持有、运营及开发企业之一，也是全球第五大独立跨国通信铁塔企业，业务覆盖非洲与拉美地区，为当地通信网络部署提供关键的铁塔基础设施支持。
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。
IHS vs RBBN — 直观对比
营收规模更大
IHS
是对方的1.6倍
$162.6M
营收增速更快
IHS
高出10.4%
-10.3%
两年增速更快
RBBN
近两年复合增速
-22.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $254.0M | $162.6M |
| 净利润 | — | $89.1M |
| 毛利率 | 83.6% | 42.9% |
| 营业利润率 | — | 37.6% |
| 净利率 | — | 54.8% |
| 营收同比 | 0.1% | -10.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $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IHSRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $254.0M | $227.3M | ||
| Q3 25 | $455.1M | $215.4M | ||
| Q2 25 | $433.3M | $220.6M | ||
| Q1 25 | $439.6M | $181.3M | ||
| Q4 24 | $253.8M | $251.4M | ||
| Q3 24 | $420.3M | $210.2M | ||
| Q2 24 | $435.4M | $192.6M |
净利润IHSRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | $147.4M | $-12.1M | ||
| Q2 25 | $32.3M | $-11.1M | ||
| Q1 25 | $30.7M | $-26.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-205.7M | $-13.4M | ||
| Q2 24 | $-124.3M | $-16.8M |
毛利率IHSRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 83.6% | 53.3% | ||
| Q3 25 | 47.5% | 50.1% | ||
| Q2 25 | 51.3% | 49.6% | ||
| Q1 25 | 51.4% | 45.4% | ||
| Q4 24 | 72.1% | 55.7% | ||
| Q3 24 | 52.0% | 52.1% | ||
| Q2 24 | 52.5% | 50.8% |
营业利润率IHSRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | 35.1% | 1.3% | ||
| Q2 25 | 33.8% | 1.9% | ||
| Q1 25 | 37.1% | -10.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 29.9% | -0.4% | ||
| Q2 24 | 34.0% | -1.0% |
净利率IHSRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | — | — | ||
| Q3 25 | 32.4% | -5.6% | ||
| Q2 25 | 7.5% | -5.0% | ||
| Q1 25 | 7.0% | -14.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | -48.9% | -6.4% | ||
| Q2 24 | -28.5% | -8.7% |
每股收益（稀释后）IHSRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | — | $0.50 | ||
| Q3 25 | $0.44 | $-0.07 | ||
| Q2 25 | $0.10 | $-0.06 | ||
| Q1 25 | $0.10 | $-0.15 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | $-0.61 | $-0.08 | ||
| Q2 24 | $-0.36 | $-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 | $825.7M | $67.6M |
| 总债务越低越好 | $3.1B | — |
| 股东权益账面价值 | $-89.8M | $419.1M |
| 总资产 | $4.5B | — |
| 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IHSRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $825.7M | $96.4M | ||
| Q3 25 | $647.6M | $74.8M | ||
| Q2 25 | $531.8M | $60.5M | ||
| Q1 25 | $629.0M | $71.2M | ||
| Q4 24 | $578.0M | $87.8M | ||
| Q3 24 | $397.5M | $37.2M | ||
| Q2 24 | $445.7M | $64.6M |
总债务IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $342.1M | ||
| Q3 25 | $3.3B | $344.3M | ||
| Q2 25 | $3.2B | $346.5M | ||
| Q1 25 | $3.4B | $347.4M | ||
| Q4 24 | $3.3B | $348.3M | ||
| Q3 24 | $3.5B | $349.1M | ||
| Q2 24 | $3.6B | $350.0M |
股东权益IHSRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $-89.8M | $449.0M | ||
| Q3 25 | $38.1M | $360.1M | ||
| Q2 25 | $-98.4M | $370.4M | ||
| Q1 25 | $-184.4M | $381.8M | ||
| Q4 24 | $-314.4M | $404.6M | ||
| Q3 24 | $-284.7M | $395.5M | ||
| Q2 24 | $-308.3M | $405.0M |
总资产IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $4.5B | $1.2B | ||
| Q3 25 | $4.7B | $1.1B | ||
| Q2 25 | $4.5B | $1.1B | ||
| Q1 25 | $4.4B | $1.1B | ||
| Q4 24 | $4.2B | $1.2B | ||
| Q3 24 | $4.6B | $1.1B | ||
| Q2 24 | $4.5B | $1.1B |
负债/权益比IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | 85.85× | 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 | $246.9M | — |
| 自由现金流经营现金流 - 资本支出 | $178.6M | — |
| 自由现金流率自由现金流/营收 | 70.3% | — |
| 资本支出强度资本支出/营收 | 26.9% | — |
| 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 | $718.7M | — |
8季度趋势，按日历期对齐
经营现金流IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $246.9M | $29.2M | ||
| Q3 25 | $251.3M | $26.5M | ||
| Q2 25 | $237.7M | $-795.0K | ||
| Q1 25 | $200.3M | $-3.5M | ||
| Q4 24 | $344.4M | $61.8M | ||
| Q3 24 | $174.5M | $-14.8M | ||
| Q2 24 | $134.7M | $-9.8M |
自由现金流IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $178.6M | $27.3M | ||
| Q3 25 | $189.2M | $21.0M | ||
| Q2 25 | $197.7M | $-6.5M | ||
| Q1 25 | $153.2M | $-15.7M | ||
| Q4 24 | $282.9M | $53.8M | ||
| Q3 24 | $122.3M | $-23.7M | ||
| Q2 24 | $74.2M | $-12.9M |
自由现金流率IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 70.3% | 12.0% | ||
| Q3 25 | 41.6% | 9.7% | ||
| Q2 25 | 45.6% | -2.9% | ||
| Q1 25 | 34.8% | -8.7% | ||
| Q4 24 | 111.5% | 21.4% | ||
| Q3 24 | 29.1% | -11.3% | ||
| Q2 24 | 17.0% | -6.7% |
资本支出强度IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 26.9% | 0.9% | ||
| Q3 25 | 13.6% | 2.6% | ||
| Q2 25 | 9.2% | 2.6% | ||
| Q1 25 | 10.7% | 6.7% | ||
| Q4 24 | 24.2% | 3.2% | ||
| Q3 24 | 12.4% | 4.2% | ||
| Q2 24 | 13.9% | 1.6% |
现金转化率IHSRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 7.36× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
IHS
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
