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Ubiquiti Inc.（UI）与WESTERN ALLIANCE BANCORPORATION（WAL）财务数据对比。点击上方公司名可切换其他公司
WESTERN ALLIANCE BANCORPORATION的季度营收约是Ubiquiti Inc.的1.3倍（$1.0B vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs 18.6%，领先10.1%），Ubiquiti Inc.同比增速更快（35.8% vs 31.0%），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs 14.9%）
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
Western Alliance Bancorporation是总部位于美国菲尼克斯的区域性银行控股公司，长期深耕美国本土区域金融服务市场，目前已跻身美国最大银行行列，在福布斯发布的美国最佳银行榜单中排名第97位。
UI vs WAL — 直观对比
营收规模更大
WAL
是对方的1.3倍
$814.9M
营收增速更快
UI
高出4.9%
31.0%
净利率更高
UI
高出10.1%
18.6%
两年增速更快
UI
近两年复合增速
14.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $814.9M | $1.0B |
| 净利润 | $233.6M | $189.2M |
| 毛利率 | 45.9% | — |
| 营业利润率 | 35.9% | — |
| 净利率 | 28.7% | 18.6% |
| 营收同比 | 35.8% | 31.0% |
| 净利润同比 | 70.8% | -5.0% |
| 每股收益（稀释后） | $3.86 | $1.65 |
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UIWAL
| Q1 26 | — | $1.0B | ||
| Q4 25 | $814.9M | $980.9M | ||
| Q3 25 | $733.8M | $938.2M | ||
| Q2 25 | $759.2M | $845.9M | ||
| Q1 25 | $664.2M | $778.0M | ||
| Q4 24 | $599.9M | $838.4M | ||
| Q3 24 | $550.3M | $823.1M | ||
| Q2 24 | $507.5M | $771.8M |
净利润UIWAL
| Q1 26 | — | $189.2M | ||
| Q4 25 | $233.6M | $286.1M | ||
| Q3 25 | $207.9M | $253.4M | ||
| Q2 25 | $266.7M | $230.4M | ||
| Q1 25 | $180.4M | $199.1M | ||
| Q4 24 | $136.8M | $216.9M | ||
| Q3 24 | $128.0M | $199.8M | ||
| Q2 24 | $103.8M | $193.6M |
毛利率UIWAL
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 46.0% | — | ||
| Q2 25 | 45.1% | — | ||
| Q1 25 | 44.5% | — | ||
| Q4 24 | 41.2% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | 40.2% | — |
营业利润率UIWAL
| Q1 26 | — | — | ||
| Q4 25 | 35.9% | 36.3% | ||
| Q3 25 | 35.7% | 33.4% | ||
| Q2 25 | 34.4% | 34.4% | ||
| Q1 25 | 34.2% | 31.7% | ||
| Q4 24 | 29.8% | 30.9% | ||
| Q3 24 | 30.7% | 30.6% | ||
| Q2 24 | 27.3% | 32.1% |
净利率UIWAL
| Q1 26 | — | 18.6% | ||
| Q4 25 | 28.7% | 29.2% | ||
| Q3 25 | 28.3% | 27.0% | ||
| Q2 25 | 35.1% | 27.2% | ||
| Q1 25 | 27.2% | 25.6% | ||
| Q4 24 | 22.8% | 25.9% | ||
| Q3 24 | 23.3% | 24.3% | ||
| Q2 24 | 20.5% | 25.1% |
每股收益（稀释后）UIWAL
| Q1 26 | — | $1.65 | ||
| Q4 25 | $3.86 | $2.59 | ||
| Q3 25 | $3.43 | $2.28 | ||
| Q2 25 | $4.40 | $2.07 | ||
| Q1 25 | $2.98 | $1.79 | ||
| Q4 24 | $2.26 | $1.94 | ||
| Q3 24 | $2.12 | $1.80 | ||
| Q2 24 | $1.72 | $1.75 |
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 | $302.8M | — |
| 总债务越低越好 | $47.5M | $4.3B |
| 股东权益账面价值 | $1.0B | $7.9B |
| 总资产 | $1.6B | $98.9B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资UIWAL
| Q1 26 | — | — | ||
| Q4 25 | $302.8M | — | ||
| Q3 25 | $177.2M | — | ||
| Q2 25 | $149.7M | — | ||
| Q1 25 | $151.0M | — | ||
| Q4 24 | $133.1M | — | ||
| Q3 24 | $165.2M | — | ||
| Q2 24 | $126.3M | — |
总债务UIWAL
| Q1 26 | — | $4.3B | ||
| Q4 25 | $47.5M | $1.4B | ||
| Q3 25 | $133.8M | $2.9B | ||
| Q2 25 | $250.0M | $2.9B | ||
| Q1 25 | $340.0M | $1.6B | ||
| Q4 24 | $406.3M | $2.4B | ||
| Q3 24 | $552.5M | $1.4B | ||
| Q2 24 | $708.1M | $436.0M |
股东权益UIWAL
| Q1 26 | — | $7.9B | ||
| Q4 25 | $1.0B | $7.7B | ||
| Q3 25 | $828.4M | $7.4B | ||
| Q2 25 | $668.3M | $7.1B | ||
| Q1 25 | $436.1M | $6.9B | ||
| Q4 24 | $290.4M | $6.7B | ||
| Q3 24 | $188.1M | $6.7B | ||
| Q2 24 | $95.1M | $6.3B |
总资产UIWAL
| Q1 26 | — | $98.9B | ||
| Q4 25 | $1.6B | $92.8B | ||
| Q3 25 | $1.5B | $91.0B | ||
| Q2 25 | $1.5B | $86.7B | ||
| Q1 25 | $1.3B | $83.0B | ||
| Q4 24 | $1.2B | $80.9B | ||
| Q3 24 | $1.2B | $80.1B | ||
| Q2 24 | $1.2B | $80.6B |
负债/权益比UIWAL
| Q1 26 | — | 0.54× | ||
| Q4 25 | 0.05× | 0.18× | ||
| Q3 25 | 0.16× | 0.39× | ||
| Q2 25 | 0.37× | 0.41× | ||
| Q1 25 | 0.78× | 0.23× | ||
| Q4 24 | 1.40× | 0.36× | ||
| Q3 24 | 2.94× | 0.21× | ||
| Q2 24 | 7.45× | 0.07× |
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 | $263.9M | — |
| 自由现金流经营现金流 - 资本支出 | $260.3M | — |
| 自由现金流率自由现金流/营收 | 31.9% | — |
| 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 | 1.13× | — |
| 过去12个月自由现金流最近4个季度 | $699.5M | — |
8季度趋势，按日历期对齐
经营现金流UIWAL
| Q1 26 | — | — | ||
| Q4 25 | $263.9M | $-2.7B | ||
| Q3 25 | $198.5M | $-597.4M | ||
| Q2 25 | $130.4M | $-357.7M | ||
| Q1 25 | $123.6M | $-1.7B | ||
| Q4 24 | $152.4M | $-2.7B | ||
| Q3 24 | $233.7M | $-1.1B | ||
| Q2 24 | $231.4M | $-745.8M |
自由现金流UIWAL
| Q1 26 | — | — | ||
| Q4 25 | $260.3M | — | ||
| Q3 25 | $193.3M | — | ||
| Q2 25 | $125.2M | — | ||
| Q1 25 | $120.7M | — | ||
| Q4 24 | $150.4M | — | ||
| Q3 24 | $231.1M | — | ||
| Q2 24 | $229.5M | — |
自由现金流率UIWAL
| Q1 26 | — | — | ||
| Q4 25 | 31.9% | — | ||
| Q3 25 | 26.3% | — | ||
| Q2 25 | 16.5% | — | ||
| Q1 25 | 18.2% | — | ||
| Q4 24 | 25.1% | — | ||
| Q3 24 | 42.0% | — | ||
| Q2 24 | 45.2% | — |
资本支出强度UIWAL
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.4% | — |
现金转化率UIWAL
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | -9.36× | ||
| Q3 25 | 0.95× | -2.36× | ||
| Q2 25 | 0.49× | -1.55× | ||
| Q1 25 | 0.68× | -8.31× | ||
| Q4 24 | 1.11× | -12.64× | ||
| Q3 24 | 1.83× | -5.35× | ||
| Q2 24 | 2.23× | -3.85× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
WAL
暂无分部数据
