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Innoviva, Inc.（INVA）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Innoviva, Inc.的1.4倍（$162.6M vs $114.6M），Innoviva, Inc.净利率更高（143.2% vs 54.8%，领先88.5%），Innoviva, Inc.同比增速更快（24.8% vs -10.3%），过去两年Innoviva, Inc.的营收复合增速更高（21.6% vs -8.1%）
Innoviva Inc是一家专注于呼吸道疾病、传染病及重症护理领域处方治疗药物研发、商业化及特许权使用费管理的医疗保健企业，与全球领先制药商合作，为北美、欧洲等核心市场的患者提供哮喘、慢性阻塞性肺疾病等病症的治疗方案。
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。
INVA vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.4倍
$114.6M
营收增速更快
INVA
高出35.1%
-10.3%
净利率更高
INVA
高出88.5%
54.8%
两年增速更快
INVA
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $114.6M | $162.6M |
| 净利润 | $164.2M | $89.1M |
| 毛利率 | 66.0% | 42.9% |
| 营业利润率 | 34.0% | 37.6% |
| 净利率 | 143.2% | 54.8% |
| 营收同比 | 24.8% | -10.3% |
| 净利润同比 | 707.4% | — |
| 每股收益（稀释后） | $2.19 | $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INVARBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $114.6M | $227.3M | ||
| Q3 25 | $107.8M | $215.4M | ||
| Q2 25 | $100.3M | $220.6M | ||
| Q1 25 | $88.6M | $181.3M | ||
| Q4 24 | $91.8M | $251.4M | ||
| Q3 24 | $89.5M | $210.2M | ||
| Q2 24 | $99.9M | $192.6M |
净利润INVARBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $164.2M | — | ||
| Q3 25 | $89.9M | $-12.1M | ||
| Q2 25 | $63.7M | $-11.1M | ||
| Q1 25 | $-46.6M | $-26.2M | ||
| Q4 24 | $20.3M | — | ||
| Q3 24 | $1.2M | $-13.4M | ||
| Q2 24 | $-34.7M | $-16.8M |
毛利率INVARBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 66.0% | 53.3% | ||
| Q3 25 | 70.1% | 50.1% | ||
| Q2 25 | 82.9% | 49.6% | ||
| Q1 25 | 82.7% | 45.4% | ||
| Q4 24 | 85.1% | 55.7% | ||
| Q3 24 | 81.6% | 52.1% | ||
| Q2 24 | 85.1% | 50.8% |
营业利润率INVARBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 34.0% | 4.1% | ||
| Q3 25 | 32.1% | 1.3% | ||
| Q2 25 | 48.6% | 1.9% | ||
| Q1 25 | 46.7% | -10.8% | ||
| Q4 24 | 47.0% | 13.2% | ||
| Q3 24 | 48.3% | -0.4% | ||
| Q2 24 | 54.7% | -1.0% |
净利率INVARBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 143.2% | — | ||
| Q3 25 | 83.4% | -5.6% | ||
| Q2 25 | 63.5% | -5.0% | ||
| Q1 25 | -52.6% | -14.5% | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 1.4% | -6.4% | ||
| Q2 24 | -34.7% | -8.7% |
每股收益（稀释后）INVARBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $2.19 | $0.50 | ||
| Q3 25 | $1.08 | $-0.07 | ||
| Q2 25 | $0.77 | $-0.06 | ||
| Q1 25 | $-0.74 | $-0.15 | ||
| Q4 24 | $0.43 | $0.05 | ||
| Q3 24 | $0.02 | $-0.08 | ||
| Q2 24 | $-0.55 | $-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 | $550.9M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $419.1M |
| 总资产 | $1.6B | — |
| 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INVARBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $550.9M | $96.4M | ||
| Q3 25 | $476.5M | $74.8M | ||
| Q2 25 | $397.5M | $60.5M | ||
| Q1 25 | $319.1M | $71.2M | ||
| Q4 24 | $305.0M | $87.8M | ||
| Q3 24 | $260.6M | $37.2M | ||
| Q2 24 | $217.0M | $64.6M |
总债务INVARBBN
| 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 |
股东权益INVARBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.2B | $449.0M | ||
| Q3 25 | $1.0B | $360.1M | ||
| Q2 25 | $714.8M | $370.4M | ||
| Q1 25 | $646.9M | $381.8M | ||
| Q4 24 | $691.2M | $404.6M | ||
| Q3 24 | $668.5M | $395.5M | ||
| Q2 24 | $665.5M | $405.0M |
总资产INVARBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.1B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.1B |
负债/权益比INVARBBN
| 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 | $54.5M | — |
| 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 | 0.33× | — |
| 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
经营现金流INVARBBN
| Q1 26 | — | — | ||
| Q4 25 | $54.5M | $29.2M | ||
| Q3 25 | $49.7M | $26.5M | ||
| Q2 25 | $44.1M | $-795.0K | ||
| Q1 25 | $48.6M | $-3.5M | ||
| Q4 24 | $59.2M | $61.8M | ||
| Q3 24 | $48.7M | $-14.8M | ||
| Q2 24 | $43.7M | $-9.8M |
自由现金流INVARBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | $48.4M | $-23.7M | ||
| Q2 24 | — | $-12.9M |
自由现金流率INVARBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | 54.1% | -11.3% | ||
| Q2 24 | — | -6.7% |
资本支出强度INVARBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 0.0% | 3.2% | ||
| Q3 24 | 0.3% | 4.2% | ||
| Q2 24 | 0.0% | 1.6% |
现金转化率INVARBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.91× | — | ||
| Q3 24 | 40.14× | — | ||
| 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
INVA
| Royalty | $54.9M | 48% |
| Xacduro | $32.1M | 28% |
| Giapreza | $19.6M | 17% |
| Xerava | $7.3M | 6% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
