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Innovex International, Inc.（INVX）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
Innovex International, Inc.的季度营收约是Ribbon Communications Inc.的1.7倍（$273.6M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 5.1%，领先49.7%），Innovex International, Inc.同比增速更快（9.1% vs -10.3%），过去两年Innovex International, Inc.的营收复合增速更高（46.2% vs -8.1%）
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。
INVX vs RBBN — 直观对比
营收规模更大
INVX
是对方的1.7倍
$162.6M
营收增速更快
INVX
高出19.4%
-10.3%
净利率更高
RBBN
高出49.7%
5.1%
两年增速更快
INVX
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.6M | $162.6M |
| 净利润 | $14.0M | $89.1M |
| 毛利率 | 28.9% | 42.9% |
| 营业利润率 | 9.4% | 37.6% |
| 净利率 | 5.1% | 54.8% |
| 营收同比 | 9.1% | -10.3% |
| 净利润同比 | -56.1% | — |
| 每股收益（稀释后） | $0.20 | $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INVXRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $273.6M | $227.3M | ||
| Q3 25 | $240.0M | $215.4M | ||
| Q2 25 | $224.2M | $220.6M | ||
| Q1 25 | $240.4M | $181.3M | ||
| Q4 24 | $250.7M | $251.4M | ||
| Q3 24 | $151.8M | $210.2M | ||
| Q2 24 | $130.3M | $192.6M |
净利润INVXRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $14.0M | — | ||
| Q3 25 | $39.2M | $-12.1M | ||
| Q2 25 | $15.3M | $-11.1M | ||
| Q1 25 | $14.8M | $-26.2M | ||
| Q4 24 | $31.8M | — | ||
| Q3 24 | $82.6M | $-13.4M | ||
| Q2 24 | $9.5M | $-16.8M |
毛利率INVXRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 28.9% | 53.3% | ||
| Q3 25 | 31.6% | 50.1% | ||
| Q2 25 | 32.0% | 49.6% | ||
| Q1 25 | 31.8% | 45.4% | ||
| Q4 24 | 33.9% | 55.7% | ||
| Q3 24 | 34.7% | 52.1% | ||
| Q2 24 | 35.3% | 50.8% |
营业利润率INVXRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 9.4% | 4.1% | ||
| Q3 25 | 26.0% | 1.3% | ||
| Q2 25 | 10.1% | 1.9% | ||
| Q1 25 | 9.1% | -10.8% | ||
| Q4 24 | 10.7% | 13.2% | ||
| Q3 24 | -8.7% | -0.4% | ||
| Q2 24 | 10.0% | -1.0% |
净利率INVXRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 16.3% | -5.6% | ||
| Q2 25 | 6.8% | -5.0% | ||
| Q1 25 | 6.1% | -14.5% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 54.4% | -6.4% | ||
| Q2 24 | 7.3% | -8.7% |
每股收益（稀释后）INVXRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.20 | $0.50 | ||
| Q3 25 | $0.57 | $-0.07 | ||
| Q2 25 | $0.22 | $-0.06 | ||
| Q1 25 | $0.21 | $-0.15 | ||
| Q4 24 | $-0.03 | $0.05 | ||
| Q3 24 | $1.99 | $-0.08 | ||
| Q2 24 | $0.30 | $-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 | — | $67.6M |
| 总债务越低越好 | $18.9M | — |
| 股东权益账面价值 | $1.1B | $419.1M |
| 总资产 | $1.3B | — |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资INVXRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $74.8M | ||
| Q2 25 | — | $60.5M | ||
| Q1 25 | — | $71.2M | ||
| Q4 24 | — | $87.8M | ||
| Q3 24 | — | $37.2M | ||
| Q2 24 | $185.6M | $64.6M |
总债务INVXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $18.9M | $342.1M | ||
| Q3 25 | $20.1M | $344.3M | ||
| Q2 25 | $34.8M | $346.5M | ||
| Q1 25 | $19.7M | $347.4M | ||
| Q4 24 | $24.9M | $348.3M | ||
| Q3 24 | $12.4M | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益INVXRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.1B | $449.0M | ||
| Q3 25 | $1.0B | $360.1M | ||
| Q2 25 | $995.6M | $370.4M | ||
| Q1 25 | $978.4M | $381.8M | ||
| Q4 24 | $958.2M | $404.6M | ||
| Q3 24 | $904.4M | $395.5M | ||
| Q2 24 | $352.5M | $405.0M |
总资产INVXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.0B | $1.1B |
负债/权益比INVXRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | 0.76× | ||
| Q3 25 | 0.02× | 0.96× | ||
| Q2 25 | 0.03× | 0.94× | ||
| Q1 25 | 0.02× | 0.91× | ||
| Q4 24 | 0.03× | 0.86× | ||
| Q3 24 | 0.01× | 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 | $52.2M | — |
| 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 | 3.74× | — |
| 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INVXRBBN
| Q1 26 | — | — | ||
| Q4 25 | $52.2M | $29.2M | ||
| Q3 25 | $48.4M | $26.5M | ||
| Q2 25 | $59.2M | $-795.0K | ||
| Q1 25 | $31.1M | $-3.5M | ||
| Q4 24 | $36.3M | $61.8M | ||
| Q3 24 | $21.7M | $-14.8M | ||
| Q2 24 | $22.8M | $-9.8M |
自由现金流INVXRBBN
| 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 | $16.6M | $-12.9M |
自由现金流率INVXRBBN
| 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 | 12.7% | -6.7% |
资本支出强度INVXRBBN
| 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 | 4.7% | 1.6% |
现金转化率INVXRBBN
| Q1 26 | — | — | ||
| Q4 25 | 3.74× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 2.39× | — |
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
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
