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朗美通（LITE）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是朗美通的2.0倍（$1.3B vs $665.5M），PINTEREST, INC.净利率更高（21.0% vs 11.8%，领先9.2%），朗美通同比增速更快（65.5% vs 14.3%），PINTEREST, INC.自由现金流更多（$380.4M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 33.5%）
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。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
LITE vs PINS — 直观对比
营收规模更大
PINS
是对方的2.0倍
$665.5M
营收增速更快
LITE
高出51.1%
14.3%
净利率更高
PINS
高出9.2%
11.8%
自由现金流更多
PINS
多$337.3M
$43.1M
两年增速更快
LITE
近两年复合增速
33.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $1.3B |
| 净利润 | $78.2M | $277.1M |
| 毛利率 | 36.1% | 82.8% |
| 营业利润率 | 9.7% | 22.8% |
| 净利率 | 11.8% | 21.0% |
| 营收同比 | 65.5% | 14.3% |
| 净利润同比 | 228.4% | -85.0% |
| 每股收益（稀释后） | $0.89 | $0.41 |
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LITEPINS
| Q4 25 | $665.5M | $1.3B | ||
| Q3 25 | $533.8M | $1.0B | ||
| Q2 25 | $480.7M | $998.2M | ||
| Q1 25 | $425.2M | $855.0M | ||
| Q4 24 | $402.2M | $1.2B | ||
| Q3 24 | $336.9M | $898.4M | ||
| Q2 24 | $308.3M | $853.7M | ||
| Q1 24 | $366.5M | $740.0M |
净利润LITEPINS
| Q4 25 | $78.2M | $277.1M | ||
| Q3 25 | $4.2M | $92.1M | ||
| Q2 25 | $213.3M | $38.8M | ||
| Q1 25 | $-44.1M | $8.9M | ||
| Q4 24 | $-60.9M | $1.8B | ||
| Q3 24 | $-82.4M | $30.6M | ||
| Q2 24 | $-252.5M | $8.9M | ||
| Q1 24 | $-127.0M | $-24.8M |
毛利率LITEPINS
| Q4 25 | 36.1% | 82.8% | ||
| Q3 25 | 34.0% | 79.8% | ||
| Q2 25 | 33.3% | 79.7% | ||
| Q1 25 | 28.8% | 76.7% | ||
| Q4 24 | 24.8% | 82.9% | ||
| Q3 24 | 23.1% | 79.1% | ||
| Q2 24 | 16.6% | 78.3% | ||
| Q1 24 | 16.2% | 75.5% |
营业利润率LITEPINS
| Q4 25 | 9.7% | 22.8% | ||
| Q3 25 | 1.3% | 5.6% | ||
| Q2 25 | -1.7% | -0.4% | ||
| Q1 25 | -8.9% | -4.1% | ||
| Q4 24 | -12.8% | 22.7% | ||
| Q3 24 | -24.5% | -0.7% | ||
| Q2 24 | -43.3% | -2.5% | ||
| Q1 24 | -31.3% | -7.4% |
净利率LITEPINS
| Q4 25 | 11.8% | 21.0% | ||
| Q3 25 | 0.8% | 8.8% | ||
| Q2 25 | 44.4% | 3.9% | ||
| Q1 25 | -10.4% | 1.0% | ||
| Q4 24 | -15.1% | 160.1% | ||
| Q3 24 | -24.5% | 3.4% | ||
| Q2 24 | -81.9% | 1.0% | ||
| Q1 24 | -34.7% | -3.4% |
每股收益（稀释后）LITEPINS
| Q4 25 | $0.89 | $0.41 | ||
| Q3 25 | $0.05 | $0.13 | ||
| Q2 25 | $3.10 | $0.06 | ||
| Q1 25 | $-0.64 | $0.01 | ||
| Q4 24 | $-0.88 | $2.66 | ||
| Q3 24 | $-1.21 | $0.04 | ||
| Q2 24 | $-3.75 | $0.01 | ||
| Q1 24 | $-1.88 | $-0.04 |
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 | $969.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $846.6M | $4.7B |
| 总资产 | $4.8B | $5.5B |
| 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LITEPINS
| Q4 25 | $1.2B | $969.3M | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $877.1M | $1.2B | ||
| Q1 25 | $866.7M | $1.3B | ||
| Q4 24 | $896.7M | $1.1B | ||
| Q3 24 | $916.1M | $1.0B | ||
| Q2 24 | $887.0M | $1.4B | ||
| Q1 24 | $870.9M | $1.6B |
股东权益LITEPINS
| Q4 25 | $846.6M | $4.7B | ||
| Q3 25 | $780.8M | $4.8B | ||
| Q2 25 | $1.1B | $4.8B | ||
| Q1 25 | $879.5M | $4.7B | ||
| Q4 24 | $872.3M | $4.8B | ||
| Q3 24 | $895.9M | $2.9B | ||
| Q2 24 | $957.3M | $3.2B | ||
| Q1 24 | $1.2B | $3.1B |
总资产LITEPINS
| Q4 25 | $4.8B | $5.5B | ||
| Q3 25 | $4.6B | $5.5B | ||
| Q2 25 | $4.2B | $5.4B | ||
| Q1 25 | $4.0B | $5.3B | ||
| Q4 24 | $4.0B | $5.3B | ||
| Q3 24 | $4.0B | $3.5B | ||
| Q2 24 | $3.9B | $3.7B | ||
| Q1 24 | $4.2B | $3.7B |
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 | $391.2M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $380.4M |
| 自由现金流率自由现金流/营收 | 6.5% | 28.8% |
| 资本支出强度资本支出/营收 | 12.6% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.62× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | $1.3B |
8季度趋势，按日历期对齐
经营现金流LITEPINS
| Q4 25 | $126.7M | $391.2M | ||
| Q3 25 | $57.9M | $321.7M | ||
| Q2 25 | $64.0M | $207.7M | ||
| Q1 25 | $-1.6M | $363.7M | ||
| Q4 24 | $24.3M | $254.0M | ||
| Q3 24 | $39.6M | $248.0M | ||
| Q2 24 | $35.5M | $106.4M | ||
| Q1 24 | $-7.0M | $356.1M |
自由现金流LITEPINS
| Q4 25 | $43.1M | $380.4M | ||
| Q3 25 | $-18.3M | $318.4M | ||
| Q2 25 | $10.1M | $196.7M | ||
| Q1 25 | $-64.4M | $356.4M | ||
| Q4 24 | $-15.9M | $250.2M | ||
| Q3 24 | $-34.5M | $244.1M | ||
| Q2 24 | $10.9M | $101.6M | ||
| Q1 24 | $-26.6M | $344.0M |
自由现金流率LITEPINS
| Q4 25 | 6.5% | 28.8% | ||
| Q3 25 | -3.4% | 30.3% | ||
| Q2 25 | 2.1% | 19.7% | ||
| Q1 25 | -15.1% | 41.7% | ||
| Q4 24 | -4.0% | 21.7% | ||
| Q3 24 | -10.2% | 27.2% | ||
| Q2 24 | 3.5% | 11.9% | ||
| Q1 24 | -7.3% | 46.5% |
资本支出强度LITEPINS
| Q4 25 | 12.6% | 0.8% | ||
| Q3 25 | 14.3% | 0.3% | ||
| Q2 25 | 11.2% | 1.1% | ||
| Q1 25 | 14.8% | 0.9% | ||
| Q4 24 | 10.0% | 0.3% | ||
| Q3 24 | 22.0% | 0.4% | ||
| Q2 24 | 8.0% | 0.6% | ||
| Q1 24 | 5.3% | 1.6% |
现金转化率LITEPINS
| Q4 25 | 1.62× | 1.41× | ||
| Q3 25 | 13.79× | 3.49× | ||
| Q2 25 | 0.30× | 5.36× | ||
| Q1 25 | — | 40.77× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 8.12× | ||
| Q2 24 | — | 11.98× | ||
| Q1 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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
