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Lumen Technologies, Inc.（LUMN）与Uniti Group Inc.（UNIT）财务数据对比。点击上方公司名可切换其他公司
Lumen Technologies, Inc.的季度营收约是Uniti Group Inc.的3.8倍（$2.7B vs $722.6M），Uniti Group Inc.净利率更高（222.7% vs -0.1%，领先222.7%）
Lumen Technologies是总部位于美国路易斯安那州门罗市的电信企业，依托自有光纤、铜线网络、数据中心及云计算资源，为客户提供网络、安全、云、语音及各类托管通信服务，2023年3月起纳入标普600指数，此前曾为标普500指数成分股。
Uniti Group Inc.是源自瑞典的汽车初创企业，2016年1月由首席执行官刘易斯·霍恩带领的学生与工程师团队在瑞典隆德成立，主打微型电动汽车的研发，曾推出电动汽车原型产品。该公司始终未向用户交付任何量产产品，于2022年4月申请破产。
LUMN vs UNIT — 直观对比
营收规模更大
LUMN
是对方的3.8倍
$722.6M
净利率更高
UNIT
高出222.7%
-0.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $722.6M |
| 净利润 | $-2.0M | $1.6B |
| 毛利率 | 40.7% | — |
| 营业利润率 | -7.3% | -5.9% |
| 净利率 | -0.1% | 222.7% |
| 营收同比 | -11.0% | — |
| 净利润同比 | -102.4% | — |
| 每股收益（稀释后） | $-0.01 | $4.92 |
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LUMNUNIT
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | $722.6M | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.1B | — |
净利润LUMNUNIT
| Q4 25 | $-2.0M | — | ||
| Q3 25 | $-621.0M | $1.6B | ||
| Q2 25 | $-915.0M | — | ||
| Q1 25 | $-201.0M | — | ||
| Q4 24 | $85.0M | — | ||
| Q3 24 | $-148.0M | — | ||
| Q2 24 | $-49.0M | — | ||
| Q1 24 | $57.0M | — |
毛利率LUMNUNIT
| Q4 25 | 40.7% | — | ||
| Q3 25 | 39.4% | — | ||
| Q2 25 | 43.4% | — | ||
| Q1 25 | 42.0% | — | ||
| Q4 24 | 44.7% | — | ||
| Q3 24 | 43.0% | — | ||
| Q2 24 | 45.2% | — | ||
| Q1 24 | 46.0% | — |
营业利润率LUMNUNIT
| Q4 25 | -7.3% | — | ||
| Q3 25 | -4.1% | -5.9% | ||
| Q2 25 | -21.0% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | 4.5% | — | ||
| Q1 24 | 1.5% | — |
净利率LUMNUNIT
| Q4 25 | -0.1% | — | ||
| Q3 25 | -22.1% | 222.7% | ||
| Q2 25 | -31.9% | — | ||
| Q1 25 | -6.9% | — | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | -5.0% | — | ||
| Q2 24 | -1.6% | — | ||
| Q1 24 | 1.9% | — |
每股收益（稀释后）LUMNUNIT
| Q4 25 | $-0.01 | — | ||
| Q3 25 | $-0.62 | $4.92 | ||
| Q2 25 | $-0.92 | — | ||
| Q1 25 | $-0.20 | — | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | $-0.05 | — | ||
| Q1 24 | $0.06 | — |
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 | $1.0B | $158.0M |
| 总债务越低越好 | $17.4B | $9.3B |
| 股东权益账面价值 | $-1.1B | $680.7M |
| 总资产 | $34.3B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 13.64× |
8季度趋势，按日历期对齐
现金及短期投资LUMNUNIT
| Q4 25 | $1.0B | — | ||
| Q3 25 | $2.4B | $158.0M | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.6B | — |
总债务LUMNUNIT
| Q4 25 | $17.4B | — | ||
| Q3 25 | $17.6B | $9.3B | ||
| Q2 25 | $17.6B | — | ||
| Q1 25 | $17.3B | — | ||
| Q4 24 | $17.5B | — | ||
| Q3 24 | $18.1B | — | ||
| Q2 24 | $18.4B | — | ||
| Q1 24 | $18.6B | — |
股东权益LUMNUNIT
| Q4 25 | $-1.1B | — | ||
| Q3 25 | $-1.2B | $680.7M | ||
| Q2 25 | $-595.0M | — | ||
| Q1 25 | $289.0M | — | ||
| Q4 24 | $464.0M | — | ||
| Q3 24 | $342.0M | — | ||
| Q2 24 | $466.0M | — | ||
| Q1 24 | $504.0M | — |
总资产LUMNUNIT
| Q4 25 | $34.3B | — | ||
| Q3 25 | $34.3B | $12.1B | ||
| Q2 25 | $33.0B | — | ||
| Q1 25 | $33.5B | — | ||
| Q4 24 | $33.5B | — | ||
| Q3 24 | $34.0B | — | ||
| Q2 24 | $32.9B | — | ||
| Q1 24 | $33.2B | — |
负债/权益比LUMNUNIT
| Q4 25 | — | — | ||
| Q3 25 | — | 13.64× | ||
| Q2 25 | — | — | ||
| Q1 25 | 59.98× | — | ||
| Q4 24 | 37.70× | — | ||
| Q3 24 | 53.05× | — | ||
| Q2 24 | 39.51× | — | ||
| Q1 24 | 36.89× | — |
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 | $562.0M | $229.8M |
| 自由现金流经营现金流 - 资本支出 | $-1.1B | — |
| 自由现金流率自由现金流/营收 | -39.4% | — |
| 资本支出强度资本支出/营收 | 59.9% | — |
| 现金转化率经营现金流/净利润 | — | 0.14× |
| 过去12个月自由现金流最近4个季度 | $371.0M | — |
8季度趋势，按日历期对齐
经营现金流LUMNUNIT
| Q4 25 | $562.0M | — | ||
| Q3 25 | $2.5B | $229.8M | ||
| Q2 25 | $570.0M | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $688.0M | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $511.0M | — | ||
| Q1 24 | $1.1B | — |
自由现金流LUMNUNIT
| Q4 25 | $-1.1B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $-321.0M | — | ||
| Q1 25 | $304.0M | — | ||
| Q4 24 | $-227.0M | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $-242.0M | — | ||
| Q1 24 | $389.0M | — |
自由现金流率LUMNUNIT
| Q4 25 | -39.4% | — | ||
| Q3 25 | 52.4% | — | ||
| Q2 25 | -11.2% | — | ||
| Q1 25 | 10.4% | — | ||
| Q4 24 | -7.4% | — | ||
| Q3 24 | 39.8% | — | ||
| Q2 24 | -8.0% | — | ||
| Q1 24 | 12.7% | — |
资本支出强度LUMNUNIT
| Q4 25 | 59.9% | — | ||
| Q3 25 | 37.1% | — | ||
| Q2 25 | 31.1% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | 29.7% | — | ||
| Q3 24 | 28.6% | — | ||
| Q2 24 | 25.0% | — | ||
| Q1 24 | 23.3% | — |
现金转化率LUMNUNIT
| Q4 25 | — | — | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.09× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 19.33× | — |
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
LUMN
| Large Enterprise | $758.0M | 28% |
| Wholesale | $661.0M | 24% |
| Mid Market Enterprise | $472.0M | 17% |
| Fiber Broadband | $232.0M | 8% |
| Other Broadband | $218.0M | 8% |
| Other | $184.0M | 7% |
| Voice And Other | $166.0M | 6% |
| International And Other | $77.0M | 3% |
UNIT
| Revenue And Sales | $315.5M | 44% |
| DSL Subscriber And Other | $102.7M | 14% |
| Fiber Subscriber | $77.7M | 11% |
| Business Services | $66.4M | 9% |
| Uniti Fiber | $55.7M | 8% |
| Wholesale | $54.8M | 8% |
| Sales Revenue | $27.3M | 4% |
| Time Division Multiplexing | $8.7M | 1% |
| Switched Access | $2.2M | 0% |
