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朗美通（LITE）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是朗美通的1.3倍（$862.2M vs $665.5M），朗美通净利率更高（11.8% vs 7.1%，领先4.7%），朗美通同比增速更快（65.5% vs 4.3%），朗美通自由现金流更多（$43.1M vs $-88.1M），过去两年朗美通的营收复合增速更高（34.8% vs -10.6%）
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
LITE vs MAT — 直观对比
营收规模更大
MAT
是对方的1.3倍
$665.5M
营收增速更快
LITE
高出61.2%
4.3%
净利率更高
LITE
高出4.7%
7.1%
自由现金流更多
LITE
多$131.2M
$-88.1M
两年增速更快
LITE
近两年复合增速
-10.6%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $862.2M |
| 净利润 | $78.2M | $61.0M |
| 毛利率 | 36.1% | 44.9% |
| 营业利润率 | 9.7% | — |
| 净利率 | 11.8% | 7.1% |
| 营收同比 | 65.5% | 4.3% |
| 净利润同比 | 228.4% | 251.4% |
| 每股收益（稀释后） | $0.89 | $0.20 |
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LITEMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $665.5M | $1.8B | ||
| Q3 25 | $533.8M | $1.7B | ||
| Q2 25 | $480.7M | $1.0B | ||
| Q1 25 | $425.2M | $826.6M | ||
| Q4 24 | $402.2M | $1.6B | ||
| Q3 24 | $336.9M | $1.8B | ||
| Q2 24 | $308.3M | $1.1B |
净利润LITEMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $78.2M | $106.2M | ||
| Q3 25 | $4.2M | $278.4M | ||
| Q2 25 | $213.3M | $53.4M | ||
| Q1 25 | $-44.1M | $-40.3M | ||
| Q4 24 | $-60.9M | $140.9M | ||
| Q3 24 | $-82.4M | $372.4M | ||
| Q2 24 | $-252.5M | $56.9M |
毛利率LITEMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 36.1% | 45.9% | ||
| Q3 25 | 34.0% | 50.0% | ||
| Q2 25 | 33.3% | 50.9% | ||
| Q1 25 | 28.8% | 49.4% | ||
| Q4 24 | 24.8% | 50.7% | ||
| Q3 24 | 23.1% | 53.1% | ||
| Q2 24 | 16.6% | 49.2% |
营业利润率LITEMAT
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | 8.0% | ||
| Q3 25 | 1.3% | 21.9% | ||
| Q2 25 | -1.7% | 7.7% | ||
| Q1 25 | -8.9% | -6.4% | ||
| Q4 24 | -12.8% | 9.6% | ||
| Q3 24 | -24.5% | 26.5% | ||
| Q2 24 | -43.3% | 7.7% |
净利率LITEMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 11.8% | 6.0% | ||
| Q3 25 | 0.8% | 16.0% | ||
| Q2 25 | 44.4% | 5.2% | ||
| Q1 25 | -10.4% | -4.9% | ||
| Q4 24 | -15.1% | 8.6% | ||
| Q3 24 | -24.5% | 20.2% | ||
| Q2 24 | -81.9% | 5.3% |
每股收益（稀释后）LITEMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.89 | $0.32 | ||
| Q3 25 | $0.05 | $0.88 | ||
| Q2 25 | $3.10 | $0.16 | ||
| Q1 25 | $-0.64 | $-0.12 | ||
| Q4 24 | $-0.88 | $0.40 | ||
| Q3 24 | $-1.21 | $1.09 | ||
| Q2 24 | $-3.75 | $0.17 |
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 | $1.2B | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $846.6M | $2.1B |
| 总资产 | $4.8B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资LITEMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.1B | $691.9M | ||
| Q2 25 | $877.1M | $870.5M | ||
| Q1 25 | $866.7M | $1.2B | ||
| Q4 24 | $896.7M | $1.4B | ||
| Q3 24 | $916.1M | $723.5M | ||
| Q2 24 | $887.0M | $722.4M |
总债务LITEMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益LITEMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $846.6M | $2.2B | ||
| Q3 25 | $780.8M | $2.3B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $879.5M | $2.1B | ||
| Q4 24 | $872.3M | $2.3B | ||
| Q3 24 | $895.9M | $2.3B | ||
| Q2 24 | $957.3M | $2.0B |
总资产LITEMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $4.8B | $6.6B | ||
| Q3 25 | $4.6B | $6.6B | ||
| Q2 25 | $4.2B | $6.2B | ||
| Q1 25 | $4.0B | $6.2B | ||
| Q4 24 | $4.0B | $6.5B | ||
| Q3 24 | $4.0B | $6.5B | ||
| Q2 24 | $3.9B | $5.9B |
负债/权益比LITEMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | $126.7M | — |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $-88.1M |
| 自由现金流率自由现金流/营收 | 6.5% | -10.2% |
| 资本支出强度资本支出/营收 | 12.6% | 7.6% |
| 现金转化率经营现金流/净利润 | 1.62× | — |
| 过去12个月自由现金流最近4个季度 | $-29.5M | — |
8季度趋势，按日历期对齐
经营现金流LITEMAT
| Q1 26 | — | — | ||
| Q4 25 | $126.7M | $796.6M | ||
| Q3 25 | $57.9M | $72.0M | ||
| Q2 25 | $64.0M | $-300.1M | ||
| Q1 25 | $-1.6M | $24.8M | ||
| Q4 24 | $24.3M | $862.1M | ||
| Q3 24 | $39.6M | $155.8M | ||
| Q2 24 | $35.5M | $-252.9M |
自由现金流LITEMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $43.1M | — | ||
| Q3 25 | $-18.3M | — | ||
| Q2 25 | $10.1M | — | ||
| Q1 25 | $-64.4M | — | ||
| Q4 24 | $-15.9M | — | ||
| Q3 24 | $-34.5M | — | ||
| Q2 24 | $10.9M | — |
自由现金流率LITEMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 6.5% | — | ||
| Q3 25 | -3.4% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | -15.1% | — | ||
| Q4 24 | -4.0% | — | ||
| Q3 24 | -10.2% | — | ||
| Q2 24 | 3.5% | — |
资本支出强度LITEMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 12.6% | — | ||
| Q3 25 | 14.3% | — | ||
| Q2 25 | 11.2% | — | ||
| Q1 25 | 14.8% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 22.0% | — | ||
| Q2 24 | 8.0% | — |
现金转化率LITEMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.62× | 7.50× | ||
| Q3 25 | 13.79× | 0.26× | ||
| Q2 25 | 0.30× | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | -4.45× |
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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
MAT
暂无分部数据
