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埃克西尔能源（NINE）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.的季度营收约是埃克西尔能源的1.2倍（$162.6M vs $132.2M），Ribbon Communications Inc.净利率更高（54.8% vs -14.5%，领先69.3%），埃克西尔能源同比增速更快（-6.5% vs -10.3%），过去两年埃克西尔能源的营收复合增速更高（-3.6% vs -8.1%）
埃克西尔能源是一家受美国监管的电力与天然气配送企业，总部位于明尼苏达州明尼阿波利斯。截至2025年年中，公司业务覆盖八个州的部分区域，服务约390万电力客户与220万天然气客户，下设四家运营子公司，分别为明尼苏达北州电力、威斯康星北州电力、科罗拉多公共服务公司以及西南公共服务公司。
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。
NINE vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.2倍
$132.2M
营收增速更快
NINE
高出3.8%
-10.3%
净利率更高
RBBN
高出69.3%
-14.5%
两年增速更快
NINE
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $132.2M | $162.6M |
| 净利润 | $-19.2M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | -4.2% | — |
| 净利率 | -14.5% | 54.8% |
| 营收同比 | -6.5% | -10.3% |
| 净利润同比 | -117.4% | — |
| 每股收益（稀释后） | $-0.47 | $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NINERBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $132.2M | $227.3M | ||
| Q3 25 | $132.0M | $215.4M | ||
| Q2 25 | $147.3M | $220.6M | ||
| Q1 25 | $150.5M | $181.3M | ||
| Q4 24 | $141.4M | $251.4M | ||
| Q3 24 | $138.2M | $210.2M | ||
| Q2 24 | $132.4M | $192.6M |
净利润NINERBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-19.2M | — | ||
| Q3 25 | $-14.6M | $-12.1M | ||
| Q2 25 | $-10.4M | $-11.1M | ||
| Q1 25 | $-7.1M | $-26.2M | ||
| Q4 24 | $-8.8M | — | ||
| Q3 24 | $-10.1M | $-13.4M | ||
| Q2 24 | $-14.0M | $-16.8M |
毛利率NINERBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率NINERBBN
| Q1 26 | — | — | ||
| Q4 25 | -4.2% | 4.1% | ||
| Q3 25 | -0.9% | 1.3% | ||
| Q2 25 | 2.3% | 1.9% | ||
| Q1 25 | 3.7% | -10.8% | ||
| Q4 24 | 2.5% | 13.2% | ||
| Q3 24 | 1.8% | -0.4% | ||
| Q2 24 | -1.1% | -1.0% |
净利率NINERBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -14.5% | — | ||
| Q3 25 | -11.1% | -5.6% | ||
| Q2 25 | -7.1% | -5.0% | ||
| Q1 25 | -4.7% | -14.5% | ||
| Q4 24 | -6.3% | — | ||
| Q3 24 | -7.3% | -6.4% | ||
| Q2 24 | -10.6% | -8.7% |
每股收益（稀释后）NINERBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.47 | $0.50 | ||
| Q3 25 | $-0.35 | $-0.07 | ||
| Q2 25 | $-0.25 | $-0.06 | ||
| Q1 25 | $-0.18 | $-0.15 | ||
| Q4 24 | $-0.21 | $0.05 | ||
| Q3 24 | $-0.26 | $-0.08 | ||
| Q2 24 | $-0.40 | $-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 | $18.4M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-115.0M | $419.1M |
| 总资产 | $339.5M | — |
| 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NINERBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $18.4M | $96.4M | ||
| Q3 25 | $14.4M | $74.8M | ||
| Q2 25 | $14.2M | $60.5M | ||
| Q1 25 | $17.3M | $71.2M | ||
| Q4 24 | $27.9M | $87.8M | ||
| Q3 24 | $15.7M | $37.2M | ||
| Q2 24 | $26.0M | $64.6M |
总债务NINERBBN
| 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NINERBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $-115.0M | $449.0M | ||
| Q3 25 | $-95.9M | $360.1M | ||
| Q2 25 | $-81.7M | $370.4M | ||
| Q1 25 | $-72.1M | $381.8M | ||
| Q4 24 | $-66.1M | $404.6M | ||
| Q3 24 | $-57.6M | $395.5M | ||
| Q2 24 | $-49.7M | $405.0M |
总资产NINERBBN
| Q1 26 | — | — | ||
| Q4 25 | $339.5M | $1.2B | ||
| Q3 25 | $340.7M | $1.1B | ||
| Q2 25 | $361.2M | $1.1B | ||
| Q1 25 | $359.2M | $1.1B | ||
| Q4 24 | $360.1M | $1.2B | ||
| Q3 24 | $353.2M | $1.1B | ||
| Q2 24 | $381.7M | $1.1B |
负债/权益比NINERBBN
| 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 | $-2.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-4.8M | — |
| 自由现金流率自由现金流/营收 | -3.6% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 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 | $-23.3M | — |
8季度趋势，按日历期对齐
经营现金流NINERBBN
| Q1 26 | — | — | ||
| Q4 25 | $-2.2M | $29.2M | ||
| Q3 25 | $-9.9M | $26.5M | ||
| Q2 25 | $10.1M | $-795.0K | ||
| Q1 25 | $-5.3M | $-3.5M | ||
| Q4 24 | $15.0M | $61.8M | ||
| Q3 24 | $-5.8M | $-14.8M | ||
| Q2 24 | $12.9M | $-9.8M |
自由现金流NINERBBN
| Q1 26 | — | — | ||
| Q4 25 | $-4.8M | $27.3M | ||
| Q3 25 | $-13.4M | $21.0M | ||
| Q2 25 | $4.2M | $-6.5M | ||
| Q1 25 | $-9.3M | $-15.7M | ||
| Q4 24 | $11.8M | $53.8M | ||
| Q3 24 | $-9.3M | $-23.7M | ||
| Q2 24 | $10.3M | $-12.9M |
自由现金流率NINERBBN
| Q1 26 | — | — | ||
| Q4 25 | -3.6% | 12.0% | ||
| Q3 25 | -10.2% | 9.7% | ||
| Q2 25 | 2.9% | -2.9% | ||
| Q1 25 | -6.2% | -8.7% | ||
| Q4 24 | 8.3% | 21.4% | ||
| Q3 24 | -6.7% | -11.3% | ||
| Q2 24 | 7.7% | -6.7% |
资本支出强度NINERBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 0.9% | ||
| Q3 25 | 2.6% | 2.6% | ||
| Q2 25 | 4.0% | 2.6% | ||
| Q1 25 | 2.6% | 6.7% | ||
| Q4 24 | 2.3% | 3.2% | ||
| Q3 24 | 2.5% | 4.2% | ||
| Q2 24 | 2.0% | 1.6% |
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
NINE
| Cement | $52.6M | 40% |
| Tool Revenue | $28.6M | 22% |
| Coiled Tubing | $25.8M | 20% |
| Wireline | $25.1M | 19% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
