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AXCELIS TECHNOLOGIES INC（ACLS）与Coursera, Inc.（COUR）财务数据对比。点击上方公司名可切换其他公司
AXCELIS TECHNOLOGIES INC的季度营收约是Coursera, Inc.的1.2倍（$238.3M vs $196.9M），AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs -13.6%，领先28.0%），Coursera, Inc.同比增速更快（9.9% vs -5.6%），Coursera, Inc.自由现金流更多（$5.4M vs $-8.9M），过去两年Coursera, Inc.的营收复合增速更高（7.9% 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。
Coursera Inc.是美国营利性在线教育平台，由斯坦福大学计算机科学教授吴恩达与达芙妮·科勒于2012年创立。创立初期它作为全球大型开放式网络课程平台运营，目前和全球多所大学及各类机构合作，提供涵盖多个学科领域的在线课程、证书与学位项目。
ACLS vs COUR — 直观对比
营收规模更大
ACLS
是对方的1.2倍
$196.9M
营收增速更快
COUR
高出15.5%
-5.6%
净利率更高
ACLS
高出28.0%
-13.6%
自由现金流更多
COUR
多$14.3M
$-8.9M
两年增速更快
COUR
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $196.9M |
| 净利润 | $34.3M | $-26.8M |
| 毛利率 | 47.0% | 54.2% |
| 营业利润率 | 15.2% | -16.4% |
| 净利率 | 14.4% | -13.6% |
| 营收同比 | -5.6% | 9.9% |
| 净利润同比 | -31.3% | -24.1% |
| 每股收益（稀释后） | $1.11 | $-0.16 |
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ACLSCOUR
| Q4 25 | $238.3M | $196.9M | ||
| Q3 25 | $213.6M | $194.2M | ||
| Q2 25 | $194.5M | $187.1M | ||
| Q1 25 | $192.6M | $179.3M | ||
| Q4 24 | $252.4M | $179.2M | ||
| Q3 24 | $256.6M | $176.1M | ||
| Q2 24 | $256.5M | $170.3M | ||
| Q1 24 | $252.4M | $169.1M |
净利润ACLSCOUR
| Q4 25 | $34.3M | $-26.8M | ||
| Q3 25 | $26.0M | $-8.6M | ||
| Q2 25 | $31.4M | $-7.8M | ||
| Q1 25 | $28.6M | $-7.8M | ||
| Q4 24 | $50.0M | $-21.6M | ||
| Q3 24 | $48.6M | $-13.7M | ||
| Q2 24 | $50.9M | $-22.9M | ||
| Q1 24 | $51.6M | $-21.3M |
毛利率ACLSCOUR
| Q4 25 | 47.0% | 54.2% | ||
| Q3 25 | 41.6% | 54.6% | ||
| Q2 25 | 44.9% | 54.9% | ||
| Q1 25 | 46.1% | 54.6% | ||
| Q4 24 | 46.0% | 53.3% | ||
| Q3 24 | 42.9% | 54.6% | ||
| Q2 24 | 43.8% | 53.0% | ||
| Q1 24 | 46.0% | 52.9% |
营业利润率ACLSCOUR
| Q4 25 | 15.2% | -16.4% | ||
| Q3 25 | 11.7% | -8.0% | ||
| Q2 25 | 14.9% | -8.1% | ||
| Q1 25 | 15.1% | -8.0% | ||
| Q4 24 | 21.6% | -17.0% | ||
| Q3 24 | 18.3% | -12.3% | ||
| Q2 24 | 20.6% | -18.3% | ||
| Q1 24 | 22.4% | -17.6% |
净利率ACLSCOUR
| Q4 25 | 14.4% | -13.6% | ||
| Q3 25 | 12.2% | -4.4% | ||
| Q2 25 | 16.1% | -4.2% | ||
| Q1 25 | 14.8% | -4.4% | ||
| Q4 24 | 19.8% | -12.1% | ||
| Q3 24 | 18.9% | -7.8% | ||
| Q2 24 | 19.8% | -13.4% | ||
| Q1 24 | 20.4% | -12.6% |
每股收益（稀释后）ACLSCOUR
| Q4 25 | $1.11 | $-0.16 | ||
| Q3 25 | $0.83 | $-0.05 | ||
| Q2 25 | $0.98 | $-0.05 | ||
| Q1 25 | $0.88 | $-0.05 | ||
| Q4 24 | $1.54 | $-0.13 | ||
| Q3 24 | $1.49 | $-0.09 | ||
| Q2 24 | $1.55 | $-0.15 | ||
| Q1 24 | $1.57 | $-0.14 |
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 | $792.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $635.7M |
| 总资产 | $1.4B | $1.0B |
| 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ACLSCOUR
| Q4 25 | $374.3M | $792.6M | ||
| Q3 25 | $449.6M | $797.7M | ||
| Q2 25 | $549.8M | $775.1M | ||
| Q1 25 | $587.1M | $748.0M | ||
| Q4 24 | $571.3M | $726.1M | ||
| Q3 24 | $579.4M | $719.4M | ||
| Q2 24 | $548.3M | $708.8M | ||
| Q1 24 | $530.2M | $725.4M |
股东权益ACLSCOUR
| Q4 25 | $1.0B | $635.7M | ||
| Q3 25 | $1.0B | $639.5M | ||
| Q2 25 | $1.0B | $627.0M | ||
| Q1 25 | $1.0B | $610.5M | ||
| Q4 24 | $1.0B | $597.4M | ||
| Q3 24 | $975.6M | $593.3M | ||
| Q2 24 | $934.9M | $585.2M | ||
| Q1 24 | $901.7M | $609.1M |
总资产ACLSCOUR
| Q4 25 | $1.4B | $1.0B | ||
| Q3 25 | $1.4B | $995.3M | ||
| Q2 25 | $1.3B | $979.9M | ||
| Q1 25 | $1.3B | $951.2M | ||
| Q4 24 | $1.3B | $930.3M | ||
| Q3 24 | $1.3B | $914.1M | ||
| Q2 24 | $1.3B | $904.4M | ||
| Q1 24 | $1.3B | $916.3M |
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 | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $5.4M |
| 自由现金流率自由现金流/营收 | -3.7% | 2.7% |
| 资本支出强度资本支出/营收 | 1.0% | 0.2% |
| 现金转化率经营现金流/净利润 | -0.19× | — |
| 过去12个月自由现金流最近4个季度 | $107.0M | $107.2M |
8季度趋势，按日历期对齐
经营现金流ACLSCOUR
| Q4 25 | $-6.6M | $5.8M | ||
| Q3 25 | $45.4M | $33.9M | ||
| Q2 25 | $39.7M | $35.5M | ||
| Q1 25 | $39.8M | $33.5M | ||
| Q4 24 | $12.8M | $19.2M | ||
| Q3 24 | $45.7M | $27.9M | ||
| Q2 24 | $40.1M | $23.8M | ||
| Q1 24 | $42.2M | $24.5M |
自由现金流ACLSCOUR
| Q4 25 | $-8.9M | $5.4M | ||
| Q3 25 | $43.3M | $33.7M | ||
| Q2 25 | $37.7M | $35.1M | ||
| Q1 25 | $34.8M | $33.0M | ||
| Q4 24 | $8.1M | $18.1M | ||
| Q3 24 | $41.8M | $27.7M | ||
| Q2 24 | $38.1M | $23.6M | ||
| Q1 24 | $40.6M | $24.4M |
自由现金流率ACLSCOUR
| Q4 25 | -3.7% | 2.7% | ||
| Q3 25 | 20.3% | 17.4% | ||
| Q2 25 | 19.4% | 18.8% | ||
| Q1 25 | 18.1% | 18.4% | ||
| Q4 24 | 3.2% | 10.1% | ||
| Q3 24 | 16.3% | 15.7% | ||
| Q2 24 | 14.8% | 13.9% | ||
| Q1 24 | 16.1% | 14.4% |
资本支出强度ACLSCOUR
| Q4 25 | 1.0% | 0.2% | ||
| Q3 25 | 0.9% | 0.1% | ||
| Q2 25 | 1.0% | 0.2% | ||
| Q1 25 | 2.6% | 0.3% | ||
| Q4 24 | 1.8% | 0.6% | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 0.8% | 0.1% | ||
| Q1 24 | 0.6% | 0.1% |
现金转化率ACLSCOUR
| Q4 25 | -0.19× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 1.39× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.94× | — | ||
| Q2 24 | 0.79× | — | ||
| Q1 24 | 0.82× | — |
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% |
COUR
| Consumer Segment | $131.5M | 67% |
| Enterprise Segment | $65.4M | 33% |
