vs
Perella Weinberg Partners（PWP）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
Perella Weinberg Partners的季度营收约是Ribbon Communications Inc.的1.3倍（$219.2M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 6.3%，领先48.5%），Perella Weinberg Partners同比增速更快（-2.9% vs -10.3%），过去两年Perella Weinberg Partners的营收复合增速更高（46.5% vs -8.1%）
佩雷拉温伯格合伙公司是一家聚焦咨询业务的全球投资银行，核心为客户提供战略与财务领域的专业咨询服务，凭借深厚的行业经验和全球化资源网络，为各类企业的重要商业决策提供专业支持。
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。
PWP vs RBBN — 直观对比
营收规模更大
PWP
是对方的1.3倍
$162.6M
营收增速更快
PWP
高出7.4%
-10.3%
净利率更高
RBBN
高出48.5%
6.3%
两年增速更快
PWP
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $219.2M | $162.6M |
| 净利润 | $13.8M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 8.5% | 37.6% |
| 净利率 | 6.3% | 54.8% |
| 营收同比 | -2.9% | -10.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.11 | $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PWPRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $219.2M | $227.3M | ||
| Q3 25 | $164.6M | $215.4M | ||
| Q2 25 | $155.3M | $220.6M | ||
| Q1 25 | $211.8M | $181.3M | ||
| Q4 24 | $225.7M | $251.4M | ||
| Q3 24 | $278.2M | $210.2M | ||
| Q2 24 | $272.0M | $192.6M |
净利润PWPRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $13.8M | — | ||
| Q3 25 | $6.0M | $-12.1M | ||
| Q2 25 | $2.7M | $-11.1M | ||
| Q1 25 | $17.3M | $-26.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $16.4M | $-13.4M | ||
| Q2 24 | $-66.0M | $-16.8M |
毛利率PWPRBBN
| 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PWPRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 8.5% | 4.1% | ||
| Q3 25 | 5.4% | 1.3% | ||
| Q2 25 | 5.8% | 1.9% | ||
| Q1 25 | 5.5% | -10.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 12.9% | -0.4% | ||
| Q2 24 | -30.2% | -1.0% |
净利率PWPRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 6.3% | — | ||
| Q3 25 | 3.6% | -5.6% | ||
| Q2 25 | 1.8% | -5.0% | ||
| Q1 25 | 8.2% | -14.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.9% | -6.4% | ||
| Q2 24 | -24.3% | -8.7% |
每股收益（稀释后）PWPRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.11 | $0.50 | ||
| Q3 25 | $0.08 | $-0.07 | ||
| Q2 25 | $0.04 | $-0.06 | ||
| Q1 25 | $0.24 | $-0.15 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | $0.24 | $-0.08 | ||
| Q2 24 | $-1.21 | $-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 | $255.9M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-127.4M | $419.1M |
| 总资产 | $797.6M | — |
| 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PWPRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $255.9M | $96.4M | ||
| Q3 25 | $185.5M | $74.8M | ||
| Q2 25 | $145.0M | $60.5M | ||
| Q1 25 | $111.2M | $71.2M | ||
| Q4 24 | $407.4M | $87.8M | ||
| Q3 24 | $335.1M | $37.2M | ||
| Q2 24 | $185.3M | $64.6M |
总债务PWPRBBN
| 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PWPRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $-127.4M | $449.0M | ||
| Q3 25 | $-302.4M | $360.1M | ||
| Q2 25 | $-318.4M | $370.4M | ||
| Q1 25 | $-323.1M | $381.8M | ||
| Q4 24 | $-421.4M | $404.6M | ||
| Q3 24 | $-360.8M | $395.5M | ||
| Q2 24 | $-283.0M | $405.0M |
总资产PWPRBBN
| Q1 26 | — | — | ||
| Q4 25 | $797.6M | $1.2B | ||
| Q3 25 | $650.2M | $1.1B | ||
| Q2 25 | $606.7M | $1.1B | ||
| Q1 25 | $570.5M | $1.1B | ||
| Q4 24 | $876.8M | $1.2B | ||
| Q3 24 | $810.9M | $1.1B | ||
| Q2 24 | $645.5M | $1.1B |
负债/权益比PWPRBBN
| 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 | $34.8M | — |
| 自由现金流经营现金流 - 资本支出 | $30.5M | — |
| 自由现金流率自由现金流/营收 | 13.9% | — |
| 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 | 2.52× | — |
| 过去12个月自由现金流最近4个季度 | $-34.1M | — |
8季度趋势，按日历期对齐
经营现金流PWPRBBN
| Q1 26 | — | — | ||
| Q4 25 | $34.8M | $29.2M | ||
| Q3 25 | $59.2M | $26.5M | ||
| Q2 25 | $56.1M | $-795.0K | ||
| Q1 25 | $-176.5M | $-3.5M | ||
| Q4 24 | $223.4M | $61.8M | ||
| Q3 24 | $200.3M | $-14.8M | ||
| Q2 24 | $90.0M | $-9.8M |
自由现金流PWPRBBN
| Q1 26 | — | — | ||
| Q4 25 | $30.5M | $27.3M | ||
| Q3 25 | $57.6M | $21.0M | ||
| Q2 25 | $55.3M | $-6.5M | ||
| Q1 25 | $-177.6M | $-15.7M | ||
| Q4 24 | $207.0M | $53.8M | ||
| Q3 24 | $199.3M | $-23.7M | ||
| Q2 24 | $83.7M | $-12.9M |
自由现金流率PWPRBBN
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 12.0% | ||
| Q3 25 | 35.0% | 9.7% | ||
| Q2 25 | 35.6% | -2.9% | ||
| Q1 25 | -83.8% | -8.7% | ||
| Q4 24 | 91.7% | 21.4% | ||
| Q3 24 | 71.6% | -11.3% | ||
| Q2 24 | 30.8% | -6.7% |
资本支出强度PWPRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 0.9% | ||
| Q3 25 | 0.9% | 2.6% | ||
| Q2 25 | 0.5% | 2.6% | ||
| Q1 25 | 0.5% | 6.7% | ||
| Q4 24 | 7.3% | 3.2% | ||
| Q3 24 | 0.4% | 4.2% | ||
| Q2 24 | 2.3% | 1.6% |
现金转化率PWPRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.52× | — | ||
| Q3 25 | 9.85× | — | ||
| Q2 25 | 20.50× | — | ||
| Q1 25 | -10.18× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 12.23× | — | ||
| 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
PWP
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
