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朗美通（LITE）与全食超市（SMPL）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全食超市的2.0倍（$665.5M vs $340.2M），朗美通净利率更高（11.8% vs 7.4%，领先4.3%），朗美通同比增速更快（65.5% vs -0.3%），全食超市自由现金流更多（$48.0M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 3.0%）
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。
全食超市是总部位于美国得克萨斯州奥斯汀的跨国连锁超市，现为亚马逊全资旗下品牌。门店主打无氢化脂肪、人工色素、人工香精、防腐剂的天然食品，是美国农业部认证的有机食品零售商，以丰富的有机商品选择深受消费者欢迎。
LITE vs SMPL — 直观对比
营收规模更大
LITE
是对方的2.0倍
$340.2M
营收增速更快
LITE
高出65.8%
-0.3%
净利率更高
LITE
高出4.3%
7.4%
自由现金流更多
SMPL
多$4.9M
$43.1M
两年增速更快
LITE
近两年复合增速
3.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $340.2M |
| 净利润 | $78.2M | $25.3M |
| 毛利率 | 36.1% | 32.3% |
| 营业利润率 | 9.7% | 11.0% |
| 净利率 | 11.8% | 7.4% |
| 营收同比 | 65.5% | -0.3% |
| 净利润同比 | 228.4% | -33.7% |
| 每股收益（稀释后） | $0.89 | $0.26 |
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LITESMPL
| Q4 25 | $665.5M | $340.2M | ||
| Q3 25 | $533.8M | — | ||
| Q2 25 | $480.7M | $381.0M | ||
| Q1 25 | $425.2M | — | ||
| Q4 24 | $402.2M | $341.3M | ||
| Q3 24 | $336.9M | $375.7M | ||
| Q2 24 | $308.3M | $334.8M | ||
| Q1 24 | $366.5M | $312.2M |
净利润LITESMPL
| Q4 25 | $78.2M | $25.3M | ||
| Q3 25 | $4.2M | — | ||
| Q2 25 | $213.3M | $41.1M | ||
| Q1 25 | $-44.1M | — | ||
| Q4 24 | $-60.9M | $38.1M | ||
| Q3 24 | $-82.4M | $29.3M | ||
| Q2 24 | $-252.5M | $41.3M | ||
| Q1 24 | $-127.0M | $33.1M |
毛利率LITESMPL
| Q4 25 | 36.1% | 32.3% | ||
| Q3 25 | 34.0% | — | ||
| Q2 25 | 33.3% | 36.4% | ||
| Q1 25 | 28.8% | — | ||
| Q4 24 | 24.8% | 38.2% | ||
| Q3 24 | 23.1% | 38.8% | ||
| Q2 24 | 16.6% | 39.9% | ||
| Q1 24 | 16.2% | 37.4% |
营业利润率LITESMPL
| Q4 25 | 9.7% | 11.0% | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | -1.7% | 15.6% | ||
| Q1 25 | -8.9% | — | ||
| Q4 24 | -12.8% | 16.0% | ||
| Q3 24 | -24.5% | 12.7% | ||
| Q2 24 | -43.3% | 17.6% | ||
| Q1 24 | -31.3% | 15.4% |
净利率LITESMPL
| Q4 25 | 11.8% | 7.4% | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 44.4% | 10.8% | ||
| Q1 25 | -10.4% | — | ||
| Q4 24 | -15.1% | 11.2% | ||
| Q3 24 | -24.5% | 7.8% | ||
| Q2 24 | -81.9% | 12.3% | ||
| Q1 24 | -34.7% | 10.6% |
每股收益（稀释后）LITESMPL
| Q4 25 | $0.89 | $0.26 | ||
| Q3 25 | $0.05 | — | ||
| Q2 25 | $3.10 | $0.40 | ||
| Q1 25 | $-0.64 | — | ||
| Q4 24 | $-0.88 | $0.38 | ||
| Q3 24 | $-1.21 | $0.29 | ||
| Q2 24 | $-3.75 | $0.41 | ||
| Q1 24 | $-1.88 | $0.33 |
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 | $194.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $846.6M | $1.7B |
| 总资产 | $4.8B | $2.5B |
| 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LITESMPL
| Q4 25 | $1.2B | $194.1M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $877.1M | $98.0M | ||
| Q1 25 | $866.7M | — | ||
| Q4 24 | $896.7M | $121.8M | ||
| Q3 24 | $916.1M | $132.5M | ||
| Q2 24 | $887.0M | $208.7M | ||
| Q1 24 | $870.9M | $135.9M |
总债务LITESMPL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $397.5M | ||
| Q2 24 | — | $237.7M | ||
| Q1 24 | — | $237.7M |
股东权益LITESMPL
| Q4 25 | $846.6M | $1.7B | ||
| Q3 25 | $780.8M | — | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $879.5M | — | ||
| Q4 24 | $872.3M | $1.8B | ||
| Q3 24 | $895.9M | $1.7B | ||
| Q2 24 | $957.3M | $1.7B | ||
| Q1 24 | $1.2B | $1.6B |
总资产LITESMPL
| Q4 25 | $4.8B | $2.5B | ||
| Q3 25 | $4.6B | — | ||
| Q2 25 | $4.2B | $2.4B | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.0B | $2.4B | ||
| Q3 24 | $4.0B | $2.4B | ||
| Q2 24 | $3.9B | $2.2B | ||
| Q1 24 | $4.2B | $2.1B |
负债/权益比LITESMPL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.23× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $48.0M |
| 自由现金流率自由现金流/营收 | 6.5% | 14.1% |
| 资本支出强度资本支出/营收 | 12.6% | 0.6% |
| 现金转化率经营现金流/净利润 | 1.62× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | $223.6M |
8季度趋势，按日历期对齐
经营现金流LITESMPL
| Q4 25 | $126.7M | $50.1M | ||
| Q3 25 | $57.9M | — | ||
| Q2 25 | $64.0M | $101.1M | ||
| Q1 25 | $-1.6M | — | ||
| Q4 24 | $24.3M | $32.0M | ||
| Q3 24 | $39.6M | $48.9M | ||
| Q2 24 | $35.5M | $72.8M | ||
| Q1 24 | $-7.0M | $46.5M |
自由现金流LITESMPL
| Q4 25 | $43.1M | $48.0M | ||
| Q3 25 | $-18.3M | — | ||
| Q2 25 | $10.1M | $98.9M | ||
| Q1 25 | $-64.4M | — | ||
| Q4 24 | $-15.9M | $31.7M | ||
| Q3 24 | $-34.5M | $45.0M | ||
| Q2 24 | $10.9M | $72.0M | ||
| Q1 24 | $-26.6M | $46.1M |
自由现金流率LITESMPL
| Q4 25 | 6.5% | 14.1% | ||
| Q3 25 | -3.4% | — | ||
| Q2 25 | 2.1% | 25.9% | ||
| Q1 25 | -15.1% | — | ||
| Q4 24 | -4.0% | 9.3% | ||
| Q3 24 | -10.2% | 12.0% | ||
| Q2 24 | 3.5% | 21.5% | ||
| Q1 24 | -7.3% | 14.8% |
资本支出强度LITESMPL
| Q4 25 | 12.6% | 0.6% | ||
| Q3 25 | 14.3% | — | ||
| Q2 25 | 11.2% | 0.6% | ||
| Q1 25 | 14.8% | — | ||
| Q4 24 | 10.0% | 0.1% | ||
| Q3 24 | 22.0% | 1.0% | ||
| Q2 24 | 8.0% | 0.2% | ||
| Q1 24 | 5.3% | 0.1% |
现金转化率LITESMPL
| Q4 25 | 1.62× | 1.98× | ||
| Q3 25 | 13.79× | — | ||
| Q2 25 | 0.30× | 2.46× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.40× |
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% |
SMPL
| Quest | $211.4M | 62% |
| Atkins Domain | $79.7M | 23% |
| OWYN | $28.1M | 8% |
| Other | $20.9M | 6% |
