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摩凡陀集团（MOV）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
摩凡陀集团的季度营收约是Ribbon Communications Inc.的1.1倍（$186.1M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 5.1%，领先49.6%），摩凡陀集团同比增速更快（1.9% vs -10.3%），过去两年摩凡陀集团的营收复合增速更高（2.9% vs -8.1%）
摩凡陀集团是源自瑞士的美国奢侈钟表品牌，创始于1881年，品牌名取自世界语，原意为“律动”。摩凡陀腕表以12点钟位置标志性的金属圆点设计与极简风格著称，其中博物馆腕表更是品牌最广为人知的经典代表作。
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。
MOV vs RBBN — 直观对比
营收规模更大
MOV
是对方的1.1倍
$162.6M
营收增速更快
MOV
高出12.2%
-10.3%
净利率更高
RBBN
高出49.6%
5.1%
两年增速更快
MOV
近两年复合增速
-8.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $186.1M | $162.6M |
| 净利润 | $9.6M | $89.1M |
| 毛利率 | 54.3% | 42.9% |
| 营业利润率 | 6.3% | 37.6% |
| 净利率 | 5.1% | 54.8% |
| 营收同比 | 1.9% | -10.3% |
| 净利润同比 | 89.8% | — |
| 每股收益（稀释后） | $0.42 | $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MOVRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $186.1M | $227.3M | ||
| Q3 25 | $161.8M | $215.4M | ||
| Q2 25 | $131.8M | $220.6M | ||
| Q1 25 | $181.5M | $181.3M | ||
| Q4 24 | $180.5M | $251.4M | ||
| Q3 24 | $157.0M | $210.2M | ||
| Q2 24 | $134.4M | $192.6M |
净利润MOVRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $9.6M | — | ||
| Q3 25 | $3.0M | $-12.1M | ||
| Q2 25 | $1.4M | $-11.1M | ||
| Q1 25 | $8.1M | $-26.2M | ||
| Q4 24 | $4.8M | — | ||
| Q3 24 | $3.5M | $-13.4M | ||
| Q2 24 | $2.0M | $-16.8M |
毛利率MOVRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 54.3% | 53.3% | ||
| Q3 25 | 54.1% | 50.1% | ||
| Q2 25 | 54.1% | 49.6% | ||
| Q1 25 | 54.2% | 45.4% | ||
| Q4 24 | 53.5% | 55.7% | ||
| Q3 24 | 54.3% | 52.1% | ||
| Q2 24 | 54.3% | 50.8% |
营业利润率MOVRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 6.3% | 4.1% | ||
| Q3 25 | 2.5% | 1.3% | ||
| Q2 25 | 0.2% | 1.9% | ||
| Q1 25 | 5.1% | -10.8% | ||
| Q4 24 | 3.3% | 13.2% | ||
| Q3 24 | 1.7% | -0.4% | ||
| Q2 24 | 1.6% | -1.0% |
净利率MOVRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 1.8% | -5.6% | ||
| Q2 25 | 1.1% | -5.0% | ||
| Q1 25 | 4.4% | -14.5% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.2% | -6.4% | ||
| Q2 24 | 1.5% | -8.7% |
每股收益（稀释后）MOVRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.42 | $0.50 | ||
| Q3 25 | $0.13 | $-0.07 | ||
| Q2 25 | $0.06 | $-0.06 | ||
| Q1 25 | $0.36 | $-0.15 | ||
| Q4 24 | $0.21 | $0.05 | ||
| Q3 24 | $0.15 | $-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 | $183.9M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $497.5M | $419.1M |
| 总资产 | $751.9M | — |
| 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MOVRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $183.9M | $96.4M | ||
| Q3 25 | $180.5M | $74.8M | ||
| Q2 25 | $203.1M | $60.5M | ||
| Q1 25 | $208.5M | $71.2M | ||
| Q4 24 | $181.5M | $87.8M | ||
| Q3 24 | $198.3M | $37.2M | ||
| Q2 24 | $225.4M | $64.6M |
总债务MOVRBBN
| 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MOVRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $497.5M | $449.0M | ||
| Q3 25 | $489.9M | $360.1M | ||
| Q2 25 | $493.2M | $370.4M | ||
| Q1 25 | $481.3M | $381.8M | ||
| Q4 24 | $491.3M | $404.6M | ||
| Q3 24 | $492.0M | $395.5M | ||
| Q2 24 | $489.6M | $405.0M |
总资产MOVRBBN
| Q1 26 | — | — | ||
| Q4 25 | $751.9M | $1.2B | ||
| Q3 25 | $748.7M | $1.1B | ||
| Q2 25 | $747.2M | $1.1B | ||
| Q1 25 | $729.2M | $1.1B | ||
| Q4 24 | $747.2M | $1.2B | ||
| Q3 24 | $742.5M | $1.1B | ||
| Q2 24 | $736.0M | $1.1B |
负债/权益比MOVRBBN
| 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 | $12.3M | — |
| 自由现金流经营现金流 - 资本支出 | $11.6M | — |
| 自由现金流率自由现金流/营收 | 6.2% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | 1.28× | — |
| 过去12个月自由现金流最近4个季度 | $35.3M | — |
8季度趋势，按日历期对齐
经营现金流MOVRBBN
| Q1 26 | — | — | ||
| Q4 25 | $12.3M | $29.2M | ||
| Q3 25 | $-3.8M | $26.5M | ||
| Q2 25 | $-7.2M | $-795.0K | ||
| Q1 25 | $39.1M | $-3.5M | ||
| Q4 24 | $-4.7M | $61.8M | ||
| Q3 24 | $-17.8M | $-14.8M | ||
| Q2 24 | $-18.1M | $-9.8M |
自由现金流MOVRBBN
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | $27.3M | ||
| Q3 25 | $-5.1M | $21.0M | ||
| Q2 25 | $-8.7M | $-6.5M | ||
| Q1 25 | $37.5M | $-15.7M | ||
| Q4 24 | $-7.2M | $53.8M | ||
| Q3 24 | $-20.1M | $-23.7M | ||
| Q2 24 | $-19.7M | $-12.9M |
自由现金流率MOVRBBN
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | 12.0% | ||
| Q3 25 | -3.1% | 9.7% | ||
| Q2 25 | -6.6% | -2.9% | ||
| Q1 25 | 20.7% | -8.7% | ||
| Q4 24 | -4.0% | 21.4% | ||
| Q3 24 | -12.8% | -11.3% | ||
| Q2 24 | -14.7% | -6.7% |
资本支出强度MOVRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 0.9% | ||
| Q3 25 | 0.8% | 2.6% | ||
| Q2 25 | 1.2% | 2.6% | ||
| Q1 25 | 0.9% | 6.7% | ||
| Q4 24 | 1.4% | 3.2% | ||
| Q3 24 | 1.5% | 4.2% | ||
| Q2 24 | 1.2% | 1.6% |
现金转化率MOVRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | — | ||
| Q2 25 | -5.08× | — | ||
| Q1 25 | 4.86× | — | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | — | ||
| Q2 24 | -8.97× | — |
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
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
