vs
朗美通（LITE）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
泰瑞达的季度营收约是朗美通的1.9倍（$1.3B vs $665.5M），泰瑞达净利率更高（31.1% vs 11.8%，领先19.4%），泰瑞达同比增速更快（87.0% vs 65.5%），过去两年朗美通的营收复合增速更高（34.8% vs 32.6%）
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。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
LITE vs TER — 直观对比
营收规模更大
TER
是对方的1.9倍
$665.5M
营收增速更快
TER
高出21.6%
65.5%
净利率更高
TER
高出19.4%
11.8%
两年增速更快
LITE
近两年复合增速
32.6%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $1.3B |
| 净利润 | $78.2M | $398.9M |
| 毛利率 | 36.1% | 60.9% |
| 营业利润率 | 9.7% | 36.9% |
| 净利率 | 11.8% | 31.1% |
| 营收同比 | 65.5% | 87.0% |
| 净利润同比 | 228.4% | — |
| 每股收益（稀释后） | $0.89 | $2.53 |
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LITETER
| Q1 26 | — | $1.3B | ||
| Q4 25 | $665.5M | $1.1B | ||
| Q3 25 | $533.8M | $769.2M | ||
| Q2 25 | $480.7M | $651.8M | ||
| Q1 25 | $425.2M | $685.7M | ||
| Q4 24 | $402.2M | $752.9M | ||
| Q3 24 | $336.9M | $737.3M | ||
| Q2 24 | $308.3M | $729.9M |
净利润LITETER
| Q1 26 | — | $398.9M | ||
| Q4 25 | $78.2M | $257.2M | ||
| Q3 25 | $4.2M | $119.6M | ||
| Q2 25 | $213.3M | $78.4M | ||
| Q1 25 | $-44.1M | $98.9M | ||
| Q4 24 | $-60.9M | $146.3M | ||
| Q3 24 | $-82.4M | $145.6M | ||
| Q2 24 | $-252.5M | $186.3M |
毛利率LITETER
| Q1 26 | — | 60.9% | ||
| Q4 25 | 36.1% | 57.2% | ||
| Q3 25 | 34.0% | 58.4% | ||
| Q2 25 | 33.3% | 57.2% | ||
| Q1 25 | 28.8% | 60.6% | ||
| Q4 24 | 24.8% | 59.4% | ||
| Q3 24 | 23.1% | 59.2% | ||
| Q2 24 | 16.6% | 58.3% |
营业利润率LITETER
| Q1 26 | — | 36.9% | ||
| Q4 25 | 9.7% | 27.1% | ||
| Q3 25 | 1.3% | 18.9% | ||
| Q2 25 | -1.7% | 13.9% | ||
| Q1 25 | -8.9% | 17.6% | ||
| Q4 24 | -12.8% | 20.4% | ||
| Q3 24 | -24.5% | 20.6% | ||
| Q2 24 | -43.3% | 28.8% |
净利率LITETER
| Q1 26 | — | 31.1% | ||
| Q4 25 | 11.8% | 23.7% | ||
| Q3 25 | 0.8% | 15.5% | ||
| Q2 25 | 44.4% | 12.0% | ||
| Q1 25 | -10.4% | 14.4% | ||
| Q4 24 | -15.1% | 19.4% | ||
| Q3 24 | -24.5% | 19.8% | ||
| Q2 24 | -81.9% | 25.5% |
每股收益（稀释后）LITETER
| Q1 26 | — | $2.53 | ||
| Q4 25 | $0.89 | $1.62 | ||
| Q3 25 | $0.05 | $0.75 | ||
| Q2 25 | $3.10 | $0.49 | ||
| Q1 25 | $-0.64 | $0.61 | ||
| Q4 24 | $-0.88 | $0.89 | ||
| Q3 24 | $-1.21 | $0.89 | ||
| Q2 24 | $-3.75 | $1.14 |
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 | $241.9M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $846.6M | — |
| 总资产 | $4.8B | $4.4B |
| 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LITETER
| Q1 26 | — | $241.9M | ||
| Q4 25 | $1.2B | $293.8M | ||
| Q3 25 | $1.1B | $272.7M | ||
| Q2 25 | $877.1M | $339.3M | ||
| Q1 25 | $866.7M | $475.6M | ||
| Q4 24 | $896.7M | $553.4M | ||
| Q3 24 | $916.1M | $510.0M | ||
| Q2 24 | $887.0M | $421.9M |
总债务LITETER
| Q1 26 | — | $0 | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LITETER
| Q1 26 | — | — | ||
| Q4 25 | $846.6M | $2.8B | ||
| Q3 25 | $780.8M | $2.7B | ||
| Q2 25 | $1.1B | $2.8B | ||
| Q1 25 | $879.5M | $2.8B | ||
| Q4 24 | $872.3M | $2.8B | ||
| Q3 24 | $895.9M | $2.9B | ||
| Q2 24 | $957.3M | $2.7B |
总资产LITETER
| Q1 26 | — | $4.4B | ||
| Q4 25 | $4.8B | $4.2B | ||
| Q3 25 | $4.6B | $4.0B | ||
| Q2 25 | $4.2B | $3.8B | ||
| Q1 25 | $4.0B | $3.7B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $4.0B | $3.8B | ||
| Q2 24 | $3.9B | $3.6B |
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 | $265.1M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | — |
| 自由现金流率自由现金流/营收 | 6.5% | — |
| 资本支出强度资本支出/营收 | 12.6% | — |
| 现金转化率经营现金流/净利润 | 1.62× | 0.66× |
| 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LITETER
| Q1 26 | — | $265.1M | ||
| Q4 25 | $126.7M | $281.6M | ||
| Q3 25 | $57.9M | $49.0M | ||
| Q2 25 | $64.0M | $182.1M | ||
| Q1 25 | $-1.6M | $161.6M | ||
| Q4 24 | $24.3M | $282.6M | ||
| Q3 24 | $39.6M | $166.3M | ||
| Q2 24 | $35.5M | $216.1M |
自由现金流LITETER
| Q1 26 | — | — | ||
| Q4 25 | $43.1M | $218.8M | ||
| Q3 25 | $-18.3M | $2.4M | ||
| Q2 25 | $10.1M | $131.7M | ||
| Q1 25 | $-64.4M | $97.6M | ||
| Q4 24 | $-15.9M | $225.2M | ||
| Q3 24 | $-34.5M | $114.4M | ||
| Q2 24 | $10.9M | $171.2M |
自由现金流率LITETER
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 20.2% | ||
| Q3 25 | -3.4% | 0.3% | ||
| Q2 25 | 2.1% | 20.2% | ||
| Q1 25 | -15.1% | 14.2% | ||
| Q4 24 | -4.0% | 29.9% | ||
| Q3 24 | -10.2% | 15.5% | ||
| Q2 24 | 3.5% | 23.5% |
资本支出强度LITETER
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | 5.8% | ||
| Q3 25 | 14.3% | 6.1% | ||
| Q2 25 | 11.2% | 7.7% | ||
| Q1 25 | 14.8% | 9.3% | ||
| Q4 24 | 10.0% | 7.6% | ||
| Q3 24 | 22.0% | 7.0% | ||
| Q2 24 | 8.0% | 6.1% |
现金转化率LITETER
| Q1 26 | — | 0.66× | ||
| Q4 25 | 1.62× | 1.09× | ||
| Q3 25 | 13.79× | 0.41× | ||
| Q2 25 | 0.30× | 2.32× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.16× |
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% |
TER
暂无分部数据
