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OPKO HEALTH, INC.（OPK）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OPKO HEALTH, INC.的1.1倍（$162.6M vs $148.5M），Ribbon Communications Inc.净利率更高（54.8% vs -21.1%，领先75.8%），Ribbon Communications Inc.同比增速更快（-10.3% vs -19.2%），过去两年OPKO HEALTH, INC.的营收复合增速更高（-7.5% vs -8.1%）
OPKO Health是一家聚焦诊断与医药领域的医疗企业，核心业务涵盖医疗检测与药品研发生产，在纳斯达克和特拉维夫证券交易所挂牌上市，股票代码为OPK。
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。
OPK vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.1倍
$148.5M
营收增速更快
RBBN
高出8.9%
-19.2%
净利率更高
RBBN
高出75.8%
-21.1%
两年增速更快
OPK
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $148.5M | $162.6M |
| 净利润 | $-31.3M | $89.1M |
| 毛利率 | 43.1% | 42.9% |
| 营业利润率 | -25.8% | 37.6% |
| 净利率 | -21.1% | 54.8% |
| 营收同比 | -19.2% | -10.3% |
| 净利润同比 | -322.8% | — |
| 每股收益（稀释后） | $-0.04 | $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OPKRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $148.5M | $227.3M | ||
| Q3 25 | $151.7M | $215.4M | ||
| Q2 25 | $156.8M | $220.6M | ||
| Q1 25 | $150.0M | $181.3M | ||
| Q4 24 | $183.6M | $251.4M | ||
| Q3 24 | $173.6M | $210.2M | ||
| Q2 24 | $182.2M | $192.6M |
净利润OPKRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-31.3M | — | ||
| Q3 25 | $21.6M | $-12.1M | ||
| Q2 25 | $-148.4M | $-11.1M | ||
| Q1 25 | $-67.6M | $-26.2M | ||
| Q4 24 | $14.0M | — | ||
| Q3 24 | $24.9M | $-13.4M | ||
| Q2 24 | $-10.3M | $-16.8M |
毛利率OPKRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 43.1% | 53.3% | ||
| Q3 25 | 32.9% | 50.1% | ||
| Q2 25 | 31.5% | 49.6% | ||
| Q1 25 | 28.4% | 45.4% | ||
| Q4 24 | 46.1% | 55.7% | ||
| Q3 24 | 23.1% | 52.1% | ||
| Q2 24 | 28.4% | 50.8% |
营业利润率OPKRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | -25.8% | 4.1% | ||
| Q3 25 | 31.7% | 1.3% | ||
| Q2 25 | -38.3% | 1.9% | ||
| Q1 25 | -44.8% | -10.8% | ||
| Q4 24 | -18.0% | 13.2% | ||
| Q3 24 | 8.2% | -0.4% | ||
| Q2 24 | -33.9% | -1.0% |
净利率OPKRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -21.1% | — | ||
| Q3 25 | 14.3% | -5.6% | ||
| Q2 25 | -94.7% | -5.0% | ||
| Q1 25 | -45.1% | -14.5% | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 14.3% | -6.4% | ||
| Q2 24 | -5.7% | -8.7% |
每股收益（稀释后）OPKRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.04 | $0.50 | ||
| Q3 25 | $0.03 | $-0.07 | ||
| Q2 25 | $-0.19 | $-0.06 | ||
| Q1 25 | $-0.10 | $-0.15 | ||
| Q4 24 | $0.02 | $0.05 | ||
| Q3 24 | $0.03 | $-0.08 | ||
| Q2 24 | $-0.01 | $-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 | $364.4M | $67.6M |
| 总债务越低越好 | $344.0M | — |
| 股东权益账面价值 | $1.3B | $419.1M |
| 总资产 | $1.9B | — |
| 负债/权益比越低杠杆越低 | 0.27× | — |
8季度趋势，按日历期对齐
现金及短期投资OPKRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $364.4M | $96.4M | ||
| Q3 25 | $412.0M | $74.8M | ||
| Q2 25 | $267.3M | $60.5M | ||
| Q1 25 | $428.8M | $71.2M | ||
| Q4 24 | $426.6M | $87.8M | ||
| Q3 24 | $400.1M | $37.2M | ||
| Q2 24 | $40.6M | $64.6M |
总债务OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $344.0M | $342.1M | ||
| Q3 25 | $344.2M | $344.3M | ||
| Q2 25 | $343.3M | $346.5M | ||
| Q1 25 | $439.2M | $347.4M | ||
| Q4 24 | $437.2M | $348.3M | ||
| Q3 24 | $441.0M | $349.1M | ||
| Q2 24 | $201.9M | $350.0M |
股东权益OPKRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.3B | $449.0M | ||
| Q3 25 | $1.3B | $360.1M | ||
| Q2 25 | $1.3B | $370.4M | ||
| Q1 25 | $1.3B | $381.8M | ||
| Q4 24 | $1.4B | $404.6M | ||
| Q3 24 | $1.4B | $395.5M | ||
| Q2 24 | $1.4B | $405.0M |
总资产OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.2B | $1.2B | ||
| Q3 24 | $2.3B | $1.1B | ||
| Q2 24 | $2.0B | $1.1B |
负债/权益比OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.27× | 0.76× | ||
| Q3 25 | 0.26× | 0.96× | ||
| Q2 25 | 0.26× | 0.94× | ||
| Q1 25 | 0.33× | 0.91× | ||
| Q4 24 | 0.32× | 0.86× | ||
| Q3 24 | 0.31× | 0.88× | ||
| Q2 24 | 0.14× | 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 | $-25.9M | — |
| 自由现金流经营现金流 - 资本支出 | $-28.6M | — |
| 自由现金流率自由现金流/营收 | -19.3% | — |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 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 | $-190.8M | — |
8季度趋势，按日历期对齐
经营现金流OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-25.9M | $29.2M | ||
| Q3 25 | $-34.6M | $26.5M | ||
| Q2 25 | $-83.4M | $-795.0K | ||
| Q1 25 | $-34.6M | $-3.5M | ||
| Q4 24 | $-44.4M | $61.8M | ||
| Q3 24 | $-77.1M | $-14.8M | ||
| Q2 24 | $-26.4M | $-9.8M |
自由现金流OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-28.6M | $27.3M | ||
| Q3 25 | $-37.8M | $21.0M | ||
| Q2 25 | $-86.7M | $-6.5M | ||
| Q1 25 | $-37.7M | $-15.7M | ||
| Q4 24 | $-49.8M | $53.8M | ||
| Q3 24 | $-85.0M | $-23.7M | ||
| Q2 24 | $-33.7M | $-12.9M |
自由现金流率OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | -19.3% | 12.0% | ||
| Q3 25 | -24.9% | 9.7% | ||
| Q2 25 | -55.3% | -2.9% | ||
| Q1 25 | -25.2% | -8.7% | ||
| Q4 24 | -27.1% | 21.4% | ||
| Q3 24 | -49.0% | -11.3% | ||
| Q2 24 | -18.5% | -6.7% |
资本支出强度OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 0.9% | ||
| Q3 25 | 2.1% | 2.6% | ||
| Q2 25 | 2.1% | 2.6% | ||
| Q1 25 | 2.1% | 6.7% | ||
| Q4 24 | 2.9% | 3.2% | ||
| Q3 24 | 4.6% | 4.2% | ||
| Q2 24 | 4.0% | 1.6% |
现金转化率OPKRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -1.60× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -3.17× | — | ||
| Q3 24 | -3.10× | — | ||
| 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
OPK
| Services | $71.1M | 48% |
| Transfer Of Intellectual Property And Other | $33.7M | 23% |
| IE | $22.1M | 15% |
| Rayaldee | $8.8M | 6% |
| Barda Agreement | $6.8M | 5% |
| MX | $6.3M | 4% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
