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AXCELIS TECHNOLOGIES INC（ACLS）与盛美半导体（ACMR）财务数据对比。点击上方公司名可切换其他公司
盛美半导体的季度营收约是AXCELIS TECHNOLOGIES INC的1.0倍（$244.4M vs $238.3M）。AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs 3.3%，领先11.1%）。盛美半导体同比增速更快（9.4% vs -5.6%）。盛美半导体自由现金流更多（$20.1M vs $-8.9M）。过去两年盛美半导体的营收复合增速更高（26.7% vs -2.8%）
Axcelis Technologies是一家美国半导体设备供应商，1995年成立，总部位于美国马萨诸塞州贝弗利。公司面向全球半导体制造行业，从事半导体生产核心设备的设计、制造及服务，主营产品包括高中电流、高能离子注入系统以及半导体芯片制造用固化系统。
盛美半导体（ACM Research, Inc.）是全球领先的半导体制造设备供应商，专注于研发、生产及销售晶圆湿法处理相关设备，覆盖清洗、电镀、刻蚀等品类，产品广泛应用于逻辑、存储、功率等各类先进芯片的生产流程，服务全球多地区芯片制造企业。
ACLS vs ACMR — 直观对比
营收规模更大
ACMR
是对方的1.0倍
$238.3M
营收增速更快
ACMR
高出15.0%
-5.6%
净利率更高
ACLS
高出11.1%
3.3%
自由现金流更多
ACMR
多$29.0M
$-8.9M
两年增速更快
ACMR
近两年复合增速
-2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $244.4M |
| 净利润 | $34.3M | $8.0M |
| 毛利率 | 47.0% | 40.9% |
| 营业利润率 | 15.2% | 9.4% |
| 净利率 | 14.4% | 3.3% |
| 营收同比 | -5.6% | 9.4% |
| 净利润同比 | -31.3% | -74.1% |
| 每股收益（稀释后） | $1.11 | $0.11 |
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ACLSACMR
| Q4 25 | $238.3M | $244.4M | ||
| Q3 25 | $213.6M | $269.2M | ||
| Q2 25 | $194.5M | $215.4M | ||
| Q1 25 | $192.6M | $172.3M | ||
| Q4 24 | $252.4M | $223.5M | ||
| Q3 24 | $256.6M | $204.0M | ||
| Q2 24 | $256.5M | $202.5M | ||
| Q1 24 | $252.4M | $152.2M |
净利润ACLSACMR
| Q4 25 | $34.3M | $8.0M | ||
| Q3 25 | $26.0M | $35.9M | ||
| Q2 25 | $31.4M | $29.8M | ||
| Q1 25 | $28.6M | $20.4M | ||
| Q4 24 | $50.0M | $31.1M | ||
| Q3 24 | $48.6M | $30.9M | ||
| Q2 24 | $50.9M | $24.2M | ||
| Q1 24 | $51.6M | $17.4M |
毛利率ACLSACMR
| Q4 25 | 47.0% | 40.9% | ||
| Q3 25 | 41.6% | 42.0% | ||
| Q2 25 | 44.9% | 48.5% | ||
| Q1 25 | 46.1% | 47.9% | ||
| Q4 24 | 46.0% | 49.6% | ||
| Q3 24 | 42.9% | 51.4% | ||
| Q2 24 | 43.8% | 47.8% | ||
| Q1 24 | 46.0% | 52.0% |
营业利润率ACLSACMR
| Q4 25 | 15.2% | 9.4% | ||
| Q3 25 | 11.7% | 10.7% | ||
| Q2 25 | 14.9% | 14.7% | ||
| Q1 25 | 15.1% | 15.0% | ||
| Q4 24 | 21.6% | 19.7% | ||
| Q3 24 | 18.3% | 21.7% | ||
| Q2 24 | 20.6% | 18.6% | ||
| Q1 24 | 22.4% | 16.6% |
净利率ACLSACMR
| Q4 25 | 14.4% | 3.3% | ||
| Q3 25 | 12.2% | 13.3% | ||
| Q2 25 | 16.1% | 13.8% | ||
| Q1 25 | 14.8% | 11.8% | ||
| Q4 24 | 19.8% | 13.9% | ||
| Q3 24 | 18.9% | 15.2% | ||
| Q2 24 | 19.8% | 12.0% | ||
| Q1 24 | 20.4% | 11.5% |
每股收益（稀释后）ACLSACMR
| Q4 25 | $1.11 | $0.11 | ||
| Q3 25 | $0.83 | $0.52 | ||
| Q2 25 | $0.98 | $0.44 | ||
| Q1 25 | $0.88 | $0.30 | ||
| Q4 24 | $1.54 | $0.47 | ||
| Q3 24 | $1.49 | $0.45 | ||
| Q2 24 | $1.55 | $0.35 | ||
| Q1 24 | $1.57 | $0.26 |
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 | $374.3M | $792.9M |
| 总债务越低越好 | — | $214.0M |
| 股东权益账面价值 | $1.0B | $1.5B |
| 总资产 | $1.4B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资ACLSACMR
| Q4 25 | $374.3M | $792.9M | ||
| Q3 25 | $449.6M | $1.1B | ||
| Q2 25 | $549.8M | $463.2M | ||
| Q1 25 | $587.1M | $475.6M | ||
| Q4 24 | $571.3M | $426.8M | ||
| Q3 24 | $579.4M | $353.8M | ||
| Q2 24 | $548.3M | $343.6M | ||
| Q1 24 | $530.2M | $230.0M |
总债务ACLSACMR
| Q4 25 | — | $214.0M | ||
| Q3 25 | — | $242.0M | ||
| Q2 25 | — | $225.1M | ||
| Q1 25 | — | $202.5M | ||
| Q4 24 | — | $150.0M | ||
| Q3 24 | — | $150.0M | ||
| Q2 24 | — | $90.5M | ||
| Q1 24 | — | $60.0M |
股东权益ACLSACMR
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $1.0B | $986.5M | ||
| Q1 25 | $1.0B | $949.1M | ||
| Q4 24 | $1.0B | $904.6M | ||
| Q3 24 | $975.6M | $888.2M | ||
| Q2 24 | $934.9M | $833.2M | ||
| Q1 24 | $901.7M | $796.2M |
总资产ACLSACMR
| Q4 25 | $1.4B | $2.9B | ||
| Q3 25 | $1.4B | $2.8B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.3B | $1.9B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.3B | $1.7B | ||
| Q1 24 | $1.3B | $1.6B |
负债/权益比ACLSACMR
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.11× | ||
| Q1 24 | — | 0.08× |
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 | $-6.6M | $33.9M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $20.1M |
| 自由现金流率自由现金流/营收 | -3.7% | 8.2% |
| 资本支出强度资本支出/营收 | 1.0% | 5.6% |
| 现金转化率经营现金流/净利润 | -0.19× | 4.21× |
| 过去12个月自由现金流最近4个季度 | $107.0M | $-66.6M |
8季度趋势，按日历期对齐
经营现金流ACLSACMR
| Q4 25 | $-6.6M | $33.9M | ||
| Q3 25 | $45.4M | $-4.6M | ||
| Q2 25 | $39.7M | $-44.9M | ||
| Q1 25 | $39.8M | $5.3M | ||
| Q4 24 | $12.8M | $88.6M | ||
| Q3 24 | $45.7M | $11.9M | ||
| Q2 24 | $40.1M | $61.6M | ||
| Q1 24 | $42.2M | $-9.6M |
自由现金流ACLSACMR
| Q4 25 | $-8.9M | $20.1M | ||
| Q3 25 | $43.3M | $-15.6M | ||
| Q2 25 | $37.7M | $-59.6M | ||
| Q1 25 | $34.8M | $-11.4M | ||
| Q4 24 | $8.1M | $77.2M | ||
| Q3 24 | $41.8M | $-20.6M | ||
| Q2 24 | $38.1M | $48.5M | ||
| Q1 24 | $40.6M | $-35.1M |
自由现金流率ACLSACMR
| Q4 25 | -3.7% | 8.2% | ||
| Q3 25 | 20.3% | -5.8% | ||
| Q2 25 | 19.4% | -27.7% | ||
| Q1 25 | 18.1% | -6.6% | ||
| Q4 24 | 3.2% | 34.5% | ||
| Q3 24 | 16.3% | -10.1% | ||
| Q2 24 | 14.8% | 24.0% | ||
| Q1 24 | 16.1% | -23.0% |
资本支出强度ACLSACMR
| Q4 25 | 1.0% | 5.6% | ||
| Q3 25 | 0.9% | 4.1% | ||
| Q2 25 | 1.0% | 6.8% | ||
| Q1 25 | 2.6% | 9.7% | ||
| Q4 24 | 1.8% | 5.1% | ||
| Q3 24 | 1.5% | 16.0% | ||
| Q2 24 | 0.8% | 6.5% | ||
| Q1 24 | 0.6% | 16.7% |
现金转化率ACLSACMR
| Q4 25 | -0.19× | 4.21× | ||
| Q3 25 | 1.75× | -0.13× | ||
| Q2 25 | 1.27× | -1.51× | ||
| Q1 25 | 1.39× | 0.26× | ||
| Q4 24 | 0.26× | 2.85× | ||
| Q3 24 | 0.94× | 0.39× | ||
| Q2 24 | 0.79× | 2.54× | ||
| Q1 24 | 0.82× | -0.55× |
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
ACLS
| Products | $224.6M | 94% |
| Services | $13.7M | 6% |
ACMR
| Total Single Wafer And Semi Critical Cleaning Equipment | $159.9M | 65% |
| ECP Front End And Packaging Furnace And Other Technologies | $64.1M | 26% |
| Advanced Packaging Exclude ECP Services Spares | $20.5M | 8% |
