vs
Loar Holdings Inc.（LOAR）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Loar Holdings Inc.的1.2倍（$162.6M vs $131.8M），Ribbon Communications Inc.净利率更高（54.8% vs 9.5%，领先45.3%），Loar Holdings Inc.同比增速更快（19.3% vs -10.3%），过去两年Loar Holdings Inc.的营收复合增速更高（19.8% vs -8.1%）
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。
LOAR vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.2倍
$131.8M
营收增速更快
LOAR
高出29.6%
-10.3%
净利率更高
RBBN
高出45.3%
9.5%
两年增速更快
LOAR
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $131.8M | $162.6M |
| 净利润 | $12.5M | $89.1M |
| 毛利率 | 52.1% | 42.9% |
| 营业利润率 | 18.0% | 37.6% |
| 净利率 | 9.5% | 54.8% |
| 营收同比 | 19.3% | -10.3% |
| 净利润同比 | 239.5% | — |
| 每股收益（稀释后） | $0.13 | $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LOARRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $131.8M | $227.3M | ||
| Q3 25 | $126.8M | $215.4M | ||
| Q2 25 | $123.1M | $220.6M | ||
| Q1 25 | $114.7M | $181.3M | ||
| Q4 24 | $110.4M | $251.4M | ||
| Q3 24 | $103.5M | $210.2M | ||
| Q2 24 | $97.0M | $192.6M |
净利润LOARRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $12.5M | — | ||
| Q3 25 | $27.6M | $-12.1M | ||
| Q2 25 | $16.7M | $-11.1M | ||
| Q1 25 | $15.3M | $-26.2M | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $8.7M | $-13.4M | ||
| Q2 24 | $7.6M | $-16.8M |
毛利率LOARRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 52.1% | 53.3% | ||
| Q3 25 | 52.7% | 50.1% | ||
| Q2 25 | 53.8% | 49.6% | ||
| Q1 25 | 52.1% | 45.4% | ||
| Q4 24 | 48.9% | 55.7% | ||
| Q3 24 | 51.1% | 52.1% | ||
| Q2 24 | 49.0% | 50.8% |
营业利润率LOARRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 18.0% | 4.1% | ||
| Q3 25 | 22.9% | 1.3% | ||
| Q2 25 | 22.2% | 1.9% | ||
| Q1 25 | 22.8% | -10.8% | ||
| Q4 24 | 19.2% | 13.2% | ||
| Q3 24 | 22.1% | -0.4% | ||
| Q2 24 | 22.9% | -1.0% |
净利率LOARRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 9.5% | — | ||
| Q3 25 | 21.8% | -5.6% | ||
| Q2 25 | 13.6% | -5.0% | ||
| Q1 25 | 13.4% | -14.5% | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 8.4% | -6.4% | ||
| Q2 24 | 7.9% | -8.7% |
每股收益（稀释后）LOARRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.13 | $0.50 | ||
| Q3 25 | $0.29 | $-0.07 | ||
| Q2 25 | $0.17 | $-0.06 | ||
| Q1 25 | $0.16 | $-0.15 | ||
| Q4 24 | $-11023.48 | $0.05 | ||
| Q3 24 | $0.09 | $-0.08 | ||
| Q2 24 | $0.09 | $-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 | $84.8M | $67.6M |
| 总债务越低越好 | $715.7M | — |
| 股东权益账面价值 | $1.2B | $419.1M |
| 总资产 | $2.0B | — |
| 负债/权益比越低杠杆越低 | 0.61× | — |
8季度趋势，按日历期对齐
现金及短期投资LOARRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $84.8M | $96.4M | ||
| Q3 25 | $99.0M | $74.8M | ||
| Q2 25 | $103.3M | $60.5M | ||
| Q1 25 | $80.5M | $71.2M | ||
| Q4 24 | $54.1M | $87.8M | ||
| Q3 24 | $55.2M | $37.2M | ||
| Q2 24 | $73.2M | $64.6M |
总债务LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | $715.7M | $342.1M | ||
| Q3 25 | $279.4M | $344.3M | ||
| Q2 25 | $277.7M | $346.5M | ||
| Q1 25 | $277.5M | $347.4M | ||
| Q4 24 | $277.3M | $348.3M | ||
| Q3 24 | $602.1M | $349.1M | ||
| Q2 24 | $250.7M | $350.0M |
股东权益LOARRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.2B | $449.0M | ||
| Q3 25 | $1.2B | $360.1M | ||
| Q2 25 | $1.1B | $370.4M | ||
| Q1 25 | $1.1B | $381.8M | ||
| Q4 24 | $1.1B | $404.6M | ||
| Q3 24 | $769.8M | $395.5M | ||
| Q2 24 | $758.4M | $405.0M |
总资产LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
负债/权益比LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | 0.76× | ||
| Q3 25 | 0.24× | 0.96× | ||
| Q2 25 | 0.25× | 0.94× | ||
| Q1 25 | 0.25× | 0.91× | ||
| Q4 24 | 0.25× | 0.86× | ||
| Q3 24 | 0.78× | 0.88× | ||
| Q2 24 | 0.33× | 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 | $30.4M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.43× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | $30.4M | $29.2M | ||
| Q3 25 | $29.7M | $26.5M | ||
| Q2 25 | $23.8M | $-795.0K | ||
| Q1 25 | $28.4M | $-3.5M | ||
| Q4 24 | $20.7M | $61.8M | ||
| Q3 24 | $16.3M | $-14.8M | ||
| Q2 24 | $7.1M | $-9.8M |
自由现金流LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | — | $-23.7M | ||
| Q2 24 | — | $-12.9M |
自由现金流率LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | -11.3% | ||
| Q2 24 | — | -6.7% |
资本支出强度LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 1.6% |
现金转化率LOARRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.43× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 1.42× | — | ||
| Q1 25 | 1.85× | — | ||
| Q4 24 | 5.62× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.93× | — |
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
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
