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莱夫 Nation 娱乐（LIVE）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
Ribbon Communications Inc.的季度营收约是莱夫 Nation 娱乐的1.5倍（$162.6M vs $108.5M），Ribbon Communications Inc.净利率更高（54.8% vs -0.1%，领先54.8%），莱夫 Nation 娱乐同比增速更快（-2.7% vs -10.3%），过去两年莱夫 Nation 娱乐的营收复合增速更高（-4.3% vs -8.1%）
Live Nation Entertainment是一家美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并而成。目前两大品牌均作为子品牌运营，在全球范围内推广现场娱乐活动并提供票务销售服务，同时还自营多处娱乐场馆，并为音乐人提供艺人经纪服务。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
LIVE vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.5倍
$108.5M
营收增速更快
LIVE
高出7.6%
-10.3%
净利率更高
RBBN
高出54.8%
-0.1%
两年增速更快
LIVE
近两年复合增速
-8.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $108.5M | $162.6M |
| 净利润 | $-64.0K | $89.1M |
| 毛利率 | 32.6% | 42.9% |
| 营业利润率 | 3.2% | 37.6% |
| 净利率 | -0.1% | 54.8% |
| 营收同比 | -2.7% | -10.3% |
| 净利润同比 | -113.0% | — |
| 每股收益（稀释后） | $-0.02 | $0.50 |
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LIVERBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $108.5M | $227.3M | ||
| Q3 25 | $113.9M | $215.4M | ||
| Q2 25 | $112.5M | $220.6M | ||
| Q1 25 | $107.0M | $181.3M | ||
| Q4 24 | $111.5M | $251.4M | ||
| Q3 24 | $112.7M | $210.2M | ||
| Q2 24 | $123.9M | $192.6M |
净利润LIVERBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-64.0K | — | ||
| Q3 25 | $997.0K | $-12.1M | ||
| Q2 25 | $5.4M | $-11.1M | ||
| Q1 25 | $15.9M | $-26.2M | ||
| Q4 24 | $492.0K | — | ||
| Q3 24 | $-19.9M | $-13.4M | ||
| Q2 24 | $-2.9M | $-16.8M |
毛利率LIVERBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 32.6% | 53.3% | ||
| Q3 25 | 32.4% | 50.1% | ||
| Q2 25 | 34.0% | 49.6% | ||
| Q1 25 | 32.8% | 45.4% | ||
| Q4 24 | 31.7% | 55.7% | ||
| Q3 24 | 31.9% | 52.1% | ||
| Q2 24 | 29.9% | 50.8% |
营业利润率LIVERBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 3.2% | 4.1% | ||
| Q3 25 | 3.3% | 1.3% | ||
| Q2 25 | 7.1% | 1.9% | ||
| Q1 25 | 2.0% | -10.8% | ||
| Q4 24 | 0.7% | 13.2% | ||
| Q3 24 | -15.5% | -0.4% | ||
| Q2 24 | 0.9% | -1.0% |
净利率LIVERBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -0.1% | — | ||
| Q3 25 | 0.9% | -5.6% | ||
| Q2 25 | 4.8% | -5.0% | ||
| Q1 25 | 14.8% | -14.5% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | -17.6% | -6.4% | ||
| Q2 24 | -2.3% | -8.7% |
每股收益（稀释后）LIVERBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.02 | $0.50 | ||
| Q3 25 | $-1.52 | $-0.07 | ||
| Q2 25 | $1.24 | $-0.06 | ||
| Q1 25 | $5.05 | $-0.15 | ||
| Q4 24 | $0.16 | $0.05 | ||
| Q3 24 | $-6.31 | $-0.08 | ||
| Q2 24 | $-0.91 | $-0.10 |
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 | — | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $95.3M | $419.1M |
| 总资产 | $389.2M | — |
| 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LIVERBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $74.8M | ||
| Q2 25 | — | $60.5M | ||
| Q1 25 | — | $71.2M | ||
| Q4 24 | — | $87.8M | ||
| Q3 24 | — | $37.2M | ||
| Q2 24 | — | $64.6M |
总债务LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益LIVERBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $95.3M | $449.0M | ||
| Q3 25 | $95.3M | $360.1M | ||
| Q2 25 | $94.3M | $370.4M | ||
| Q1 25 | $88.9M | $381.8M | ||
| Q4 24 | $73.3M | $404.6M | ||
| Q3 24 | $72.9M | $395.5M | ||
| Q2 24 | $92.7M | $405.0M |
总资产LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | $389.2M | $1.2B | ||
| Q3 25 | $386.4M | $1.1B | ||
| Q2 25 | $387.5M | $1.1B | ||
| Q1 25 | $393.6M | $1.1B | ||
| Q4 24 | $395.5M | $1.2B | ||
| Q3 24 | $407.5M | $1.1B | ||
| Q2 24 | $436.8M | $1.1B |
负债/权益比LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.86× |
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 | $9.8M | — |
| 自由现金流经营现金流 - 资本支出 | $8.5M | — |
| 自由现金流率自由现金流/营收 | 7.8% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $21.9M | — |
8季度趋势，按日历期对齐
经营现金流LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | $9.8M | $29.2M | ||
| Q3 25 | $6.8M | $26.5M | ||
| Q2 25 | $12.3M | $-795.0K | ||
| Q1 25 | $231.0K | $-3.5M | ||
| Q4 24 | $9.4M | $61.8M | ||
| Q3 24 | $6.7M | $-14.8M | ||
| Q2 24 | $11.7M | $-9.8M |
自由现金流LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | $8.5M | $27.3M | ||
| Q3 25 | $4.8M | $21.0M | ||
| Q2 25 | $10.8M | $-6.5M | ||
| Q1 25 | $-2.3M | $-15.7M | ||
| Q4 24 | $7.6M | $53.8M | ||
| Q3 24 | $3.3M | $-23.7M | ||
| Q2 24 | $10.1M | $-12.9M |
自由现金流率LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 12.0% | ||
| Q3 25 | 4.2% | 9.7% | ||
| Q2 25 | 9.6% | -2.9% | ||
| Q1 25 | -2.1% | -8.7% | ||
| Q4 24 | 6.8% | 21.4% | ||
| Q3 24 | 2.9% | -11.3% | ||
| Q2 24 | 8.2% | -6.7% |
资本支出强度LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.9% | ||
| Q3 25 | 1.7% | 2.6% | ||
| Q2 25 | 1.3% | 2.6% | ||
| Q1 25 | 2.3% | 6.7% | ||
| Q4 24 | 1.6% | 3.2% | ||
| Q3 24 | 3.1% | 4.2% | ||
| Q2 24 | 1.3% | 1.6% |
现金转化率LIVERBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 6.78× | — | ||
| Q2 25 | 2.28× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 19.11× | — | ||
| Q3 24 | — | — | ||
| Q2 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
LIVE
| Steel Manufacturing Segment | $31.9M | 29% |
| Flooring Manufacturing Segment | $28.9M | 27% |
| Retail Flooring Segment | $25.3M | 23% |
| Retail Entertainment Segment | $23.6M | 22% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
