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AXCELIS TECHNOLOGIES INC（ACLS）与Antero Midstream Corp（AM）财务数据对比。点击上方公司名可切换其他公司
Antero Midstream Corp的季度营收约是AXCELIS TECHNOLOGIES INC的1.2倍（$291.1M vs $238.3M），Antero Midstream Corp净利率更高（41.5% vs 14.4%，领先27.1%），AXCELIS TECHNOLOGIES INC同比增速更快（-5.6% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $-8.9M），过去两年Antero Midstream Corp的营收复合增速更高（3.9% 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。
Antero Midstream Corp是美国能源企业，注册地为特拉华州，总部设于科罗拉多州丹佛市。公司全部油气储量均位于阿巴拉契亚盆地，采用水力压裂技术开采，核心业务涵盖油气勘探开发相关领域。
ACLS vs AM — 直观对比
营收规模更大
AM
是对方的1.2倍
$238.3M
营收增速更快
ACLS
高出1.8%
-7.3%
净利率更高
AM
高出27.1%
14.4%
自由现金流更多
AM
多$195.8M
$-8.9M
两年增速更快
AM
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $291.1M |
| 净利润 | $34.3M | $120.7M |
| 毛利率 | 47.0% | — |
| 营业利润率 | 15.2% | 60.9% |
| 净利率 | 14.4% | 41.5% |
| 营收同比 | -5.6% | -7.3% |
| 净利润同比 | -31.3% | 2.1% |
| 每股收益（稀释后） | $1.11 | $0.25 |
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ACLSAM
| Q1 26 | — | $291.1M | ||
| Q4 25 | $238.3M | $297.0M | ||
| Q3 25 | $213.6M | $294.8M | ||
| Q2 25 | $194.5M | $305.5M | ||
| Q1 25 | $192.6M | $291.1M | ||
| Q4 24 | $252.4M | $287.5M | ||
| Q3 24 | $256.6M | $269.9M | ||
| Q2 24 | $256.5M | $269.8M |
净利润ACLSAM
| Q1 26 | — | $120.7M | ||
| Q4 25 | $34.3M | $51.9M | ||
| Q3 25 | $26.0M | $116.0M | ||
| Q2 25 | $31.4M | $124.5M | ||
| Q1 25 | $28.6M | $120.7M | ||
| Q4 24 | $50.0M | $111.2M | ||
| Q3 24 | $48.6M | $99.7M | ||
| Q2 24 | $50.9M | $86.0M |
毛利率ACLSAM
| Q1 26 | — | — | ||
| Q4 25 | 47.0% | — | ||
| Q3 25 | 41.6% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 46.1% | — | ||
| Q4 24 | 46.0% | — | ||
| Q3 24 | 42.9% | — | ||
| Q2 24 | 43.8% | — |
营业利润率ACLSAM
| Q1 26 | — | 60.9% | ||
| Q4 25 | 15.2% | 33.8% | ||
| Q3 25 | 11.7% | 61.2% | ||
| Q2 25 | 14.9% | 61.0% | ||
| Q1 25 | 15.1% | 60.9% | ||
| Q4 24 | 21.6% | 61.8% | ||
| Q3 24 | 18.3% | 60.2% | ||
| Q2 24 | 20.6% | 56.6% |
净利率ACLSAM
| Q1 26 | — | 41.5% | ||
| Q4 25 | 14.4% | 17.5% | ||
| Q3 25 | 12.2% | 39.3% | ||
| Q2 25 | 16.1% | 40.8% | ||
| Q1 25 | 14.8% | 41.5% | ||
| Q4 24 | 19.8% | 38.7% | ||
| Q3 24 | 18.9% | 37.0% | ||
| Q2 24 | 19.8% | 31.9% |
每股收益（稀释后）ACLSAM
| Q1 26 | — | $0.25 | ||
| Q4 25 | $1.11 | $0.11 | ||
| Q3 25 | $0.83 | $0.24 | ||
| Q2 25 | $0.98 | $0.26 | ||
| Q1 25 | $0.88 | $0.25 | ||
| Q4 24 | $1.54 | $0.23 | ||
| Q3 24 | $1.49 | $0.21 | ||
| Q2 24 | $1.55 | $0.18 |
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 | $180.4M |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | $1.0B | $2.0B |
| 总资产 | $1.4B | $5.9B |
| 负债/权益比越低杠杆越低 | — | 1.63× |
8季度趋势，按日历期对齐
现金及短期投资ACLSAM
| Q1 26 | — | $180.4M | ||
| Q4 25 | $374.3M | $180.4M | ||
| Q3 25 | $449.6M | — | ||
| Q2 25 | $549.8M | — | ||
| Q1 25 | $587.1M | — | ||
| Q4 24 | $571.3M | — | ||
| Q3 24 | $579.4M | — | ||
| Q2 24 | $548.3M | — |
总债务ACLSAM
| Q1 26 | — | $3.2B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B |
股东权益ACLSAM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $1.0B | $2.0B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $1.0B | $2.1B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.0B | $2.1B | ||
| Q3 24 | $975.6M | $2.1B | ||
| Q2 24 | $934.9M | $2.1B |
总资产ACLSAM
| Q1 26 | — | $5.9B | ||
| Q4 25 | $1.4B | $5.9B | ||
| Q3 25 | $1.4B | $5.7B | ||
| Q2 25 | $1.3B | $5.7B | ||
| Q1 25 | $1.3B | $5.8B | ||
| Q4 24 | $1.3B | $5.8B | ||
| Q3 24 | $1.3B | $5.8B | ||
| Q2 24 | $1.3B | $5.8B |
负债/权益比ACLSAM
| Q1 26 | — | 1.63× | ||
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 1.46× | ||
| Q2 25 | — | 1.45× | ||
| Q1 25 | — | 1.49× | ||
| Q4 24 | — | 1.47× | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | — | 1.50× |
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 | $198.9M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $186.9M |
| 自由现金流率自由现金流/营收 | -3.7% | 64.2% |
| 资本支出强度资本支出/营收 | 1.0% | 11.1% |
| 现金转化率经营现金流/净利润 | -0.19× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $107.0M | — |
8季度趋势，按日历期对齐
经营现金流ACLSAM
| Q1 26 | — | $198.9M | ||
| Q4 25 | $-6.6M | $255.5M | ||
| Q3 25 | $45.4M | $212.8M | ||
| Q2 25 | $39.7M | $265.2M | ||
| Q1 25 | $39.8M | $198.9M | ||
| Q4 24 | $12.8M | $232.7M | ||
| Q3 24 | $45.7M | $184.9M | ||
| Q2 24 | $40.1M | $215.8M |
自由现金流ACLSAM
| Q1 26 | — | $186.9M | ||
| Q4 25 | $-8.9M | — | ||
| Q3 25 | $43.3M | — | ||
| Q2 25 | $37.7M | — | ||
| Q1 25 | $34.8M | — | ||
| Q4 24 | $8.1M | — | ||
| Q3 24 | $41.8M | $184.3M | ||
| Q2 24 | $38.1M | $147.2M |
自由现金流率ACLSAM
| Q1 26 | — | 64.2% | ||
| Q4 25 | -3.7% | — | ||
| Q3 25 | 20.3% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 16.3% | 68.3% | ||
| Q2 24 | 14.8% | 54.6% |
资本支出强度ACLSAM
| Q1 26 | — | 11.1% | ||
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 1.8% | 0.0% | ||
| Q3 24 | 1.5% | 0.2% | ||
| Q2 24 | 0.8% | 25.4% |
现金转化率ACLSAM
| Q1 26 | — | 1.65× | ||
| Q4 25 | -0.19× | 4.92× | ||
| Q3 25 | 1.75× | 1.84× | ||
| Q2 25 | 1.27× | 2.13× | ||
| Q1 25 | 1.39× | 1.65× | ||
| Q4 24 | 0.26× | 2.09× | ||
| Q3 24 | 0.94× | 1.85× | ||
| Q2 24 | 0.79× | 2.51× |
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% |
AM
| Gathering and compression–Antero Resources | $238.0M | 82% |
| Other | $52.3M | 18% |
| Water handling–third party | $505.0K | 0% |
| Gathering and compression–third party | $295.0K | 0% |
