vs
AXCELIS TECHNOLOGIES INC（ACLS）与APPFOLIO INC（APPF）财务数据对比。点击上方公司名可切换其他公司
APPFOLIO INC的季度营收约是AXCELIS TECHNOLOGIES INC的1.1倍（$262.2M vs $238.3M），APPFOLIO INC净利率更高（16.2% vs 14.4%，领先1.8%），APPFOLIO INC同比增速更快（20.4% vs -5.6%），过去两年APPFOLIO INC的营收复合增速更高（15.3% 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。
AppFolio Inc.是一家2006年成立的美国企业，专注服务房地产行业，为客户提供软件即服务（SaaS）类应用产品及相关配套服务，助力房地产相关经营主体优化管理流程、提升运营效率。
ACLS vs APPF — 直观对比
营收规模更大
APPF
是对方的1.1倍
$238.3M
营收增速更快
APPF
高出26.0%
-5.6%
净利率更高
APPF
高出1.8%
14.4%
两年增速更快
APPF
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $262.2M |
| 净利润 | $34.3M | $42.4M |
| 毛利率 | 47.0% | — |
| 营业利润率 | 15.2% | 19.4% |
| 净利率 | 14.4% | 16.2% |
| 营收同比 | -5.6% | 20.4% |
| 净利润同比 | -31.3% | 35.2% |
| 每股收益（稀释后） | $1.11 | $1.18 |
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ACLSAPPF
| Q1 26 | — | $262.2M | ||
| Q4 25 | $238.3M | $248.2M | ||
| Q3 25 | $213.6M | $249.4M | ||
| Q2 25 | $194.5M | $235.6M | ||
| Q1 25 | $192.6M | $217.7M | ||
| Q4 24 | $252.4M | $203.7M | ||
| Q3 24 | $256.6M | $205.7M | ||
| Q2 24 | $256.5M | $197.4M |
净利润ACLSAPPF
| Q1 26 | — | $42.4M | ||
| Q4 25 | $34.3M | $39.9M | ||
| Q3 25 | $26.0M | $33.6M | ||
| Q2 25 | $31.4M | $36.0M | ||
| Q1 25 | $28.6M | $31.4M | ||
| Q4 24 | $50.0M | $102.7M | ||
| Q3 24 | $48.6M | $33.0M | ||
| Q2 24 | $50.9M | $29.7M |
毛利率ACLSAPPF
| 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ACLSAPPF
| Q1 26 | — | 19.4% | ||
| Q4 25 | 15.2% | 17.6% | ||
| Q3 25 | 11.7% | 14.1% | ||
| Q2 25 | 14.9% | 17.2% | ||
| Q1 25 | 15.1% | 15.5% | ||
| Q4 24 | 21.6% | 11.3% | ||
| Q3 24 | 18.3% | 20.7% | ||
| Q2 24 | 20.6% | 18.3% |
净利率ACLSAPPF
| Q1 26 | — | 16.2% | ||
| Q4 25 | 14.4% | 16.1% | ||
| Q3 25 | 12.2% | 13.5% | ||
| Q2 25 | 16.1% | 15.3% | ||
| Q1 25 | 14.8% | 14.4% | ||
| Q4 24 | 19.8% | 50.4% | ||
| Q3 24 | 18.9% | 16.0% | ||
| Q2 24 | 19.8% | 15.0% |
每股收益（稀释后）ACLSAPPF
| Q1 26 | — | $1.18 | ||
| Q4 25 | $1.11 | $1.10 | ||
| Q3 25 | $0.83 | $0.93 | ||
| Q2 25 | $0.98 | $0.99 | ||
| Q1 25 | $0.88 | $0.86 | ||
| Q4 24 | $1.54 | $2.79 | ||
| Q3 24 | $1.49 | $0.90 | ||
| Q2 24 | $1.55 | $0.81 |
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 | $147.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $470.2M |
| 总资产 | $1.4B | $580.6M |
| 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ACLSAPPF
| Q1 26 | — | $147.4M | ||
| Q4 25 | $374.3M | $107.0M | ||
| Q3 25 | $449.6M | $76.1M | ||
| Q2 25 | $549.8M | $73.5M | ||
| Q1 25 | $587.1M | $56.9M | ||
| Q4 24 | $571.3M | $42.5M | ||
| Q3 24 | $579.4M | $62.4M | ||
| Q2 24 | $548.3M | $59.6M |
股东权益ACLSAPPF
| Q1 26 | — | $470.2M | ||
| Q4 25 | $1.0B | $542.6M | ||
| Q3 25 | $1.0B | $498.9M | ||
| Q2 25 | $1.0B | $455.6M | ||
| Q1 25 | $1.0B | $462.1M | ||
| Q4 24 | $1.0B | $519.3M | ||
| Q3 24 | $975.6M | $412.8M | ||
| Q2 24 | $934.9M | $371.4M |
总资产ACLSAPPF
| Q1 26 | — | $580.6M | ||
| Q4 25 | $1.4B | $689.0M | ||
| Q3 25 | $1.4B | $640.5M | ||
| Q2 25 | $1.3B | $567.4M | ||
| Q1 25 | $1.3B | $564.7M | ||
| Q4 24 | $1.3B | $626.7M | ||
| Q3 24 | $1.3B | $523.3M | ||
| Q2 24 | $1.3B | $479.3M |
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 | $34.3M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | — |
| 自由现金流率自由现金流/营收 | -3.7% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | -0.19× | 0.81× |
| 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ACLSAPPF
| Q1 26 | — | $34.3M | ||
| Q4 25 | $-6.6M | $65.0M | ||
| Q3 25 | $45.4M | $86.0M | ||
| Q2 25 | $39.7M | $52.6M | ||
| Q1 25 | $39.8M | $38.5M | ||
| Q4 24 | $12.8M | $36.6M | ||
| Q3 24 | $45.7M | $57.8M | ||
| Q2 24 | $40.1M | $50.9M |
自由现金流ACLSAPPF
| Q1 26 | — | — | ||
| Q4 25 | $-8.9M | $63.7M | ||
| Q3 25 | $43.3M | $84.7M | ||
| Q2 25 | $37.7M | $52.4M | ||
| Q1 25 | $34.8M | $38.2M | ||
| Q4 24 | $8.1M | $36.4M | ||
| Q3 24 | $41.8M | $57.4M | ||
| Q2 24 | $38.1M | $50.8M |
自由现金流率ACLSAPPF
| Q1 26 | — | — | ||
| Q4 25 | -3.7% | 25.7% | ||
| Q3 25 | 20.3% | 34.0% | ||
| Q2 25 | 19.4% | 22.2% | ||
| Q1 25 | 18.1% | 17.6% | ||
| Q4 24 | 3.2% | 17.9% | ||
| Q3 24 | 16.3% | 27.9% | ||
| Q2 24 | 14.8% | 25.8% |
资本支出强度ACLSAPPF
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 0.5% | ||
| Q3 25 | 0.9% | 0.5% | ||
| Q2 25 | 1.0% | 0.1% | ||
| Q1 25 | 2.6% | 0.1% | ||
| Q4 24 | 1.8% | 0.1% | ||
| Q3 24 | 1.5% | 0.2% | ||
| Q2 24 | 0.8% | 0.0% |
现金转化率ACLSAPPF
| Q1 26 | — | 0.81× | ||
| Q4 25 | -0.19× | 1.63× | ||
| Q3 25 | 1.75× | 2.56× | ||
| Q2 25 | 1.27× | 1.46× | ||
| Q1 25 | 1.39× | 1.23× | ||
| Q4 24 | 0.26× | 0.36× | ||
| Q3 24 | 0.94× | 1.75× | ||
| Q2 24 | 0.79× | 1.71× |
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% |
APPF
| Value Added Services | $201.4M | 77% |
| Subscription Services | $58.2M | 22% |
