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丰田北美（MPAA）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
丰田北美的季度营收约是Ribbon Communications Inc.的1.0倍（$167.7M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 1.1%，领先53.7%），丰田北美同比增速更快（-9.9% vs -10.3%），过去两年丰田北美的营收复合增速更高（-5.9% vs -8.1%）
丰田北美（TMNA）是丰田汽车旗下负责加拿大、墨西哥及美国全境业务的运营子公司，业务范围覆盖研发、生产制造、销售营销、售后及企业管理等板块，相关核心业务由TMNA统筹，部分板块由其他子公司及控股企业负责执行，公司总部位于得克萨斯州普莱诺，在肯塔基州乔治敦等多地设有分支机构。
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。
MPAA vs RBBN — 直观对比
营收规模更大
MPAA
是对方的1.0倍
$162.6M
营收增速更快
MPAA
高出0.4%
-10.3%
净利率更高
RBBN
高出53.7%
1.1%
两年增速更快
MPAA
近两年复合增速
-8.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $167.7M | $162.6M |
| 净利润 | $1.8M | $89.1M |
| 毛利率 | 19.6% | 42.9% |
| 营业利润率 | 5.0% | 37.6% |
| 净利率 | 1.1% | 54.8% |
| 营收同比 | -9.9% | -10.3% |
| 净利润同比 | -22.4% | — |
| 每股收益（稀释后） | $0.09 | $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MPAARBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $167.7M | $227.3M | ||
| Q3 25 | $221.5M | $215.4M | ||
| Q2 25 | $188.4M | $220.6M | ||
| Q1 25 | $193.1M | $181.3M | ||
| Q4 24 | $186.2M | $251.4M | ||
| Q3 24 | $208.2M | $210.2M | ||
| Q2 24 | $169.9M | $192.6M |
净利润MPAARBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $1.8M | — | ||
| Q3 25 | $-2.1M | $-12.1M | ||
| Q2 25 | $3.0M | $-11.1M | ||
| Q1 25 | $-722.0K | $-26.2M | ||
| Q4 24 | $2.3M | — | ||
| Q3 24 | $-3.0M | $-13.4M | ||
| Q2 24 | $-18.1M | $-16.8M |
毛利率MPAARBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 19.6% | 53.3% | ||
| Q3 25 | 19.3% | 50.1% | ||
| Q2 25 | 18.0% | 49.6% | ||
| Q1 25 | 19.9% | 45.4% | ||
| Q4 24 | 24.1% | 55.7% | ||
| Q3 24 | 19.8% | 52.1% | ||
| Q2 24 | 17.2% | 50.8% |
营业利润率MPAARBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 5.0% | 4.1% | ||
| Q3 25 | 7.4% | 1.3% | ||
| Q2 25 | 10.7% | 1.9% | ||
| Q1 25 | 8.4% | -10.8% | ||
| Q4 24 | 9.4% | 13.2% | ||
| Q3 24 | 6.0% | -0.4% | ||
| Q2 24 | -3.8% | -1.0% |
净利率MPAARBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 1.1% | — | ||
| Q3 25 | -1.0% | -5.6% | ||
| Q2 25 | 1.6% | -5.0% | ||
| Q1 25 | -0.4% | -14.5% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | -1.4% | -6.4% | ||
| Q2 24 | -10.6% | -8.7% |
每股收益（稀释后）MPAARBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.09 | $0.50 | ||
| Q3 25 | $-0.11 | $-0.07 | ||
| Q2 25 | $0.15 | $-0.06 | ||
| Q1 25 | $-0.03 | $-0.15 | ||
| Q4 24 | $0.11 | $0.05 | ||
| Q3 24 | $-0.15 | $-0.08 | ||
| Q2 24 | $-0.92 | $-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 | $19.6M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $258.5M | $419.1M |
| 总资产 | $991.3M | — |
| 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MPAARBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $19.6M | $96.4M | ||
| Q3 25 | $17.7M | $74.8M | ||
| Q2 25 | $14.5M | $60.5M | ||
| Q1 25 | $11.3M | $71.2M | ||
| Q4 24 | $12.7M | $87.8M | ||
| Q3 24 | $12.3M | $37.2M | ||
| Q2 24 | $9.4M | $64.6M |
总债务MPAARBBN
| 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MPAARBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $258.5M | $449.0M | ||
| Q3 25 | $258.5M | $360.1M | ||
| Q2 25 | $260.1M | $370.4M | ||
| Q1 25 | $257.7M | $381.8M | ||
| Q4 24 | $262.7M | $404.6M | ||
| Q3 24 | $264.0M | $395.5M | ||
| Q2 24 | $267.2M | $405.0M |
总资产MPAARBBN
| Q1 26 | — | — | ||
| Q4 25 | $991.3M | $1.2B | ||
| Q3 25 | $990.0M | $1.1B | ||
| Q2 25 | $973.4M | $1.1B | ||
| Q1 25 | $957.6M | $1.1B | ||
| Q4 24 | $949.5M | $1.2B | ||
| Q3 24 | $986.2M | $1.1B | ||
| Q2 24 | $978.0M | $1.1B |
负债/权益比MPAARBBN
| 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 | $-8.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-8.6M | — |
| 自由现金流率自由现金流/营收 | -5.2% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | -4.63× | — |
| 过去12个月自由现金流最近4个季度 | $27.7M | — |
8季度趋势，按日历期对齐
经营现金流MPAARBBN
| Q1 26 | — | — | ||
| Q4 25 | $-8.2M | $29.2M | ||
| Q3 25 | $21.9M | $26.5M | ||
| Q2 25 | $10.0M | $-795.0K | ||
| Q1 25 | $9.1M | $-3.5M | ||
| Q4 24 | $34.4M | $61.8M | ||
| Q3 24 | $22.9M | $-14.8M | ||
| Q2 24 | $-20.8M | $-9.8M |
自由现金流MPAARBBN
| Q1 26 | — | — | ||
| Q4 25 | $-8.6M | $27.3M | ||
| Q3 25 | $20.8M | $21.0M | ||
| Q2 25 | $9.2M | $-6.5M | ||
| Q1 25 | $6.2M | $-15.7M | ||
| Q4 24 | $33.7M | $53.8M | ||
| Q3 24 | $22.3M | $-23.7M | ||
| Q2 24 | $-21.3M | $-12.9M |
自由现金流率MPAARBBN
| Q1 26 | — | — | ||
| Q4 25 | -5.2% | 12.0% | ||
| Q3 25 | 9.4% | 9.7% | ||
| Q2 25 | 4.9% | -2.9% | ||
| Q1 25 | 3.2% | -8.7% | ||
| Q4 24 | 18.1% | 21.4% | ||
| Q3 24 | 10.7% | -11.3% | ||
| Q2 24 | -12.6% | -6.7% |
资本支出强度MPAARBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 0.9% | ||
| Q3 25 | 0.5% | 2.6% | ||
| Q2 25 | 0.4% | 2.6% | ||
| Q1 25 | 1.5% | 6.7% | ||
| Q4 24 | 0.4% | 3.2% | ||
| Q3 24 | 0.3% | 4.2% | ||
| Q2 24 | 0.3% | 1.6% |
现金转化率MPAARBBN
| Q1 26 | — | — | ||
| Q4 25 | -4.63× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.00× | — | ||
| 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
MPAA
| Reportable Segment Aggregation Before Other Operating Segment | $156.3M | 93% |
| Other | $11.4M | 7% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
