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朗美通（LITE）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
朗美通的季度营收约是BOSTON BEER CO INC的1.7倍（$665.5M vs $385.7M），朗美通净利率更高（11.8% vs -5.8%，领先17.6%），朗美通同比增速更快（65.5% vs -4.1%），朗美通自由现金流更多（$43.1M vs $22.1M），过去两年朗美通的营收复合增速更高（34.8% vs -4.9%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
LITE vs SAM — 直观对比
营收规模更大
LITE
是对方的1.7倍
$385.7M
营收增速更快
LITE
高出69.6%
-4.1%
净利率更高
LITE
高出17.6%
-5.8%
自由现金流更多
LITE
多$21.0M
$22.1M
两年增速更快
LITE
近两年复合增速
-4.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $385.7M |
| 净利润 | $78.2M | $-22.5M |
| 毛利率 | 36.1% | 43.5% |
| 营业利润率 | 9.7% | -8.6% |
| 净利率 | 11.8% | -5.8% |
| 营收同比 | 65.5% | -4.1% |
| 净利润同比 | 228.4% | 41.9% |
| 每股收益（稀释后） | $0.89 | $-1.97 |
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LITESAM
| Q4 25 | $665.5M | $385.7M | ||
| Q3 25 | $533.8M | $537.5M | ||
| Q2 25 | $480.7M | $587.9M | ||
| Q1 25 | $425.2M | $453.9M | ||
| Q4 24 | $402.2M | $402.3M | ||
| Q3 24 | $336.9M | $605.5M | ||
| Q2 24 | $308.3M | $579.1M | ||
| Q1 24 | $366.5M | $426.1M |
净利润LITESAM
| Q4 25 | $78.2M | $-22.5M | ||
| Q3 25 | $4.2M | $46.2M | ||
| Q2 25 | $213.3M | $60.4M | ||
| Q1 25 | $-44.1M | $24.4M | ||
| Q4 24 | $-60.9M | $-38.8M | ||
| Q3 24 | $-82.4M | $33.5M | ||
| Q2 24 | $-252.5M | $52.3M | ||
| Q1 24 | $-127.0M | $12.6M |
毛利率LITESAM
| Q4 25 | 36.1% | 43.5% | ||
| Q3 25 | 34.0% | 50.8% | ||
| Q2 25 | 33.3% | 49.8% | ||
| Q1 25 | 28.8% | 48.3% | ||
| Q4 24 | 24.8% | 39.9% | ||
| Q3 24 | 23.1% | 46.3% | ||
| Q2 24 | 16.6% | 46.0% | ||
| Q1 24 | 16.2% | 43.7% |
营业利润率LITESAM
| Q4 25 | 9.7% | -8.6% | ||
| Q3 25 | 1.3% | 11.5% | ||
| Q2 25 | -1.7% | 14.0% | ||
| Q1 25 | -8.9% | 7.4% | ||
| Q4 24 | -12.8% | -13.9% | ||
| Q3 24 | -24.5% | 7.6% | ||
| Q2 24 | -43.3% | 12.2% | ||
| Q1 24 | -31.3% | 3.6% |
净利率LITESAM
| Q4 25 | 11.8% | -5.8% | ||
| Q3 25 | 0.8% | 8.6% | ||
| Q2 25 | 44.4% | 10.3% | ||
| Q1 25 | -10.4% | 5.4% | ||
| Q4 24 | -15.1% | -9.6% | ||
| Q3 24 | -24.5% | 5.5% | ||
| Q2 24 | -81.9% | 9.0% | ||
| Q1 24 | -34.7% | 3.0% |
每股收益（稀释后）LITESAM
| Q4 25 | $0.89 | $-1.97 | ||
| Q3 25 | $0.05 | $4.25 | ||
| Q2 25 | $3.10 | $5.45 | ||
| Q1 25 | $-0.64 | $2.16 | ||
| Q4 24 | $-0.88 | $-3.23 | ||
| Q3 24 | $-1.21 | $2.86 | ||
| Q2 24 | $-3.75 | $4.39 | ||
| Q1 24 | $-1.88 | $1.04 |
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 | $223.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $846.6M | $846.3M |
| 总资产 | $4.8B | $1.2B |
| 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LITESAM
| Q4 25 | $1.2B | $223.4M | ||
| Q3 25 | $1.1B | $250.5M | ||
| Q2 25 | $877.1M | $212.4M | ||
| Q1 25 | $866.7M | $152.5M | ||
| Q4 24 | $896.7M | $211.8M | ||
| Q3 24 | $916.1M | $255.6M | ||
| Q2 24 | $887.0M | $219.3M | ||
| Q1 24 | $870.9M | $205.4M |
股东权益LITESAM
| Q4 25 | $846.6M | $846.3M | ||
| Q3 25 | $780.8M | $911.0M | ||
| Q2 25 | $1.1B | $912.3M | ||
| Q1 25 | $879.5M | $897.0M | ||
| Q4 24 | $872.3M | $916.2M | ||
| Q3 24 | $895.9M | $1.0B | ||
| Q2 24 | $957.3M | $1.0B | ||
| Q1 24 | $1.2B | $1.0B |
总资产LITESAM
| Q4 25 | $4.8B | $1.2B | ||
| Q3 25 | $4.6B | $1.2B | ||
| Q2 25 | $4.2B | $1.3B | ||
| Q1 25 | $4.0B | $1.2B | ||
| Q4 24 | $4.0B | $1.3B | ||
| Q3 24 | $4.0B | $1.4B | ||
| Q2 24 | $3.9B | $1.4B | ||
| Q1 24 | $4.2B | $1.4B |
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 | $39.9M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $22.1M |
| 自由现金流率自由现金流/营收 | 6.5% | 5.7% |
| 资本支出强度资本支出/营收 | 12.6% | 4.6% |
| 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 | $215.6M |
8季度趋势，按日历期对齐
经营现金流LITESAM
| Q4 25 | $126.7M | $39.9M | ||
| Q3 25 | $57.9M | $101.8M | ||
| Q2 25 | $64.0M | $126.5M | ||
| Q1 25 | $-1.6M | $1.9M | ||
| Q4 24 | $24.3M | $41.9M | ||
| Q3 24 | $39.6M | $115.9M | ||
| Q2 24 | $35.5M | $96.0M | ||
| Q1 24 | $-7.0M | $-4.9M |
自由现金流LITESAM
| Q4 25 | $43.1M | $22.1M | ||
| Q3 25 | $-18.3M | $89.2M | ||
| Q2 25 | $10.1M | $112.2M | ||
| Q1 25 | $-64.4M | $-8.0M | ||
| Q4 24 | $-15.9M | $18.4M | ||
| Q3 24 | $-34.5M | $99.2M | ||
| Q2 24 | $10.9M | $75.6M | ||
| Q1 24 | $-26.6M | $-20.6M |
自由现金流率LITESAM
| Q4 25 | 6.5% | 5.7% | ||
| Q3 25 | -3.4% | 16.6% | ||
| Q2 25 | 2.1% | 19.1% | ||
| Q1 25 | -15.1% | -1.8% | ||
| Q4 24 | -4.0% | 4.6% | ||
| Q3 24 | -10.2% | 16.4% | ||
| Q2 24 | 3.5% | 13.1% | ||
| Q1 24 | -7.3% | -4.8% |
资本支出强度LITESAM
| Q4 25 | 12.6% | 4.6% | ||
| Q3 25 | 14.3% | 2.3% | ||
| Q2 25 | 11.2% | 2.4% | ||
| Q1 25 | 14.8% | 2.2% | ||
| Q4 24 | 10.0% | 5.8% | ||
| Q3 24 | 22.0% | 2.8% | ||
| Q2 24 | 8.0% | 3.5% | ||
| Q1 24 | 5.3% | 3.7% |
现金转化率LITESAM
| Q4 25 | 1.62× | — | ||
| Q3 25 | 13.79× | 2.21× | ||
| Q2 25 | 0.30× | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.46× | ||
| Q2 24 | — | 1.83× | ||
| Q1 24 | — | -0.39× |
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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
SAM
暂无分部数据
