vs
Kennedy-Wilson Holdings, Inc.（KW）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Kennedy-Wilson Holdings, Inc.的1.3倍（$162.6M vs $120.6M），Ribbon Communications Inc.净利率更高（54.8% vs 48.1%，领先6.7%），Ribbon Communications Inc.同比增速更快（-10.3% vs -11.0%），过去两年Kennedy-Wilson Holdings, Inc.的营收复合增速更高（-6.0% vs -8.1%）
肯尼迪-威尔逊控股是一家房地产投资企业，公司总部位于美国加利福尼亚州比弗利山庄，业务覆盖全球多地房地产领域的投资与运营相关业务。
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。
KW vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.3倍
$120.6M
营收增速更快
RBBN
高出0.7%
-11.0%
净利率更高
RBBN
高出6.7%
48.1%
两年增速更快
KW
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $120.6M | $162.6M |
| 净利润 | $58.0M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 57.3% | 37.6% |
| 净利率 | 48.1% | 54.8% |
| 营收同比 | -11.0% | -10.3% |
| 净利润同比 | 32.7% | — |
| 每股收益（稀释后） | $0.22 | $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KWRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $120.6M | $227.3M | ||
| Q3 25 | $116.4M | $215.4M | ||
| Q2 25 | $135.7M | $220.6M | ||
| Q1 25 | $128.3M | $181.3M | ||
| Q4 24 | $135.5M | $251.4M | ||
| Q3 24 | $127.5M | $210.2M | ||
| Q2 24 | $132.0M | $192.6M |
净利润KWRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $58.0M | — | ||
| Q3 25 | $-10.2M | $-12.1M | ||
| Q2 25 | $5.6M | $-11.1M | ||
| Q1 25 | $-29.6M | $-26.2M | ||
| Q4 24 | $43.7M | — | ||
| Q3 24 | $-66.8M | $-13.4M | ||
| Q2 24 | $-48.3M | $-16.8M |
毛利率KWRBBN
| 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% |
营业利润率KWRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 57.3% | 4.1% | ||
| Q3 25 | -6.2% | 1.3% | ||
| Q2 25 | 7.4% | 1.9% | ||
| Q1 25 | -26.9% | -10.8% | ||
| Q4 24 | 36.7% | 13.2% | ||
| Q3 24 | -60.8% | -0.4% | ||
| Q2 24 | -45.5% | -1.0% |
净利率KWRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 48.1% | — | ||
| Q3 25 | -8.8% | -5.6% | ||
| Q2 25 | 4.1% | -5.0% | ||
| Q1 25 | -23.1% | -14.5% | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | -52.4% | -6.4% | ||
| Q2 24 | -36.6% | -8.7% |
每股收益（稀释后）KWRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.22 | $0.50 | ||
| Q3 25 | $-0.15 | $-0.07 | ||
| Q2 25 | $-0.05 | $-0.06 | ||
| Q1 25 | $-0.30 | $-0.15 | ||
| Q4 24 | $0.24 | $0.05 | ||
| Q3 24 | $-0.56 | $-0.08 | ||
| Q2 24 | $-0.43 | $-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 | $184.5M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $419.1M |
| 总资产 | $6.6B | — |
| 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KWRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $184.5M | $96.4M | ||
| Q3 25 | $382.6M | $74.8M | ||
| Q2 25 | $309.1M | $60.5M | ||
| Q1 25 | $356.6M | $71.2M | ||
| Q4 24 | $217.5M | $87.8M | ||
| Q3 24 | $367.1M | $37.2M | ||
| Q2 24 | $366.5M | $64.6M |
总债务KWRBBN
| 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KWRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.5B | $449.0M | ||
| Q3 25 | $1.5B | $360.1M | ||
| Q2 25 | $1.6B | $370.4M | ||
| Q1 25 | $1.6B | $381.8M | ||
| Q4 24 | $1.6B | $404.6M | ||
| Q3 24 | $1.6B | $395.5M | ||
| Q2 24 | $1.7B | $405.0M |
总资产KWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $1.2B | ||
| Q3 25 | $6.7B | $1.1B | ||
| Q2 25 | $6.8B | $1.1B | ||
| Q1 25 | $7.2B | $1.1B | ||
| Q4 24 | $7.0B | $1.2B | ||
| Q3 24 | $7.4B | $1.1B | ||
| Q2 24 | $7.5B | $1.1B |
负债/权益比KWRBBN
| 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 | $11.4M | — |
| 自由现金流经营现金流 - 资本支出 | $-55.2M | — |
| 自由现金流率自由现金流/营收 | -45.8% | — |
| 资本支出强度资本支出/营收 | 55.2% | — |
| 现金转化率经营现金流/净利润 | 0.20× | — |
| 过去12个月自由现金流最近4个季度 | $-103.5M | — |
8季度趋势，按日历期对齐
经营现金流KWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $11.4M | $29.2M | ||
| Q3 25 | $-7.6M | $26.5M | ||
| Q2 25 | $42.0M | $-795.0K | ||
| Q1 25 | $-51.9M | $-3.5M | ||
| Q4 24 | $55.1M | $61.8M | ||
| Q3 24 | $-5.6M | $-14.8M | ||
| Q2 24 | $36.7M | $-9.8M |
自由现金流KWRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-55.2M | $27.3M | ||
| Q3 25 | $-18.0M | $21.0M | ||
| Q2 25 | $29.4M | $-6.5M | ||
| Q1 25 | $-59.7M | $-15.7M | ||
| Q4 24 | $-76.5M | $53.8M | ||
| Q3 24 | $-27.7M | $-23.7M | ||
| Q2 24 | $-500.0K | $-12.9M |
自由现金流率KWRBBN
| Q1 26 | — | — | ||
| Q4 25 | -45.8% | 12.0% | ||
| Q3 25 | -15.5% | 9.7% | ||
| Q2 25 | 21.7% | -2.9% | ||
| Q1 25 | -46.5% | -8.7% | ||
| Q4 24 | -56.5% | 21.4% | ||
| Q3 24 | -21.7% | -11.3% | ||
| Q2 24 | -0.4% | -6.7% |
资本支出强度KWRBBN
| Q1 26 | — | — | ||
| Q4 25 | 55.2% | 0.9% | ||
| Q3 25 | 8.9% | 2.6% | ||
| Q2 25 | 9.3% | 2.6% | ||
| Q1 25 | 6.1% | 6.7% | ||
| Q4 24 | 97.1% | 3.2% | ||
| Q3 24 | 17.3% | 4.2% | ||
| Q2 24 | 28.2% | 1.6% |
现金转化率KWRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 7.50× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| 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
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
