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AXCELIS TECHNOLOGIES INC（ACLS）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
AXCELIS TECHNOLOGIES INC的季度营收约是微策略的1.9倍（$238.3M vs $123.0M），微策略同比增速更快（1.9% vs -5.6%），过去两年微策略的营收复合增速更高（3.3% 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。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
ACLS vs MSTR — 直观对比
营收规模更大
ACLS
是对方的1.9倍
$123.0M
营收增速更快
MSTR
高出7.5%
-5.6%
两年增速更快
MSTR
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $123.0M |
| 净利润 | $34.3M | — |
| 毛利率 | 47.0% | 66.1% |
| 营业利润率 | 15.2% | — |
| 净利率 | 14.4% | — |
| 营收同比 | -5.6% | 1.9% |
| 净利润同比 | -31.3% | — |
| 每股收益（稀释后） | $1.11 | — |
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ACLSMSTR
| Q4 25 | $238.3M | $123.0M | ||
| Q3 25 | $213.6M | $128.7M | ||
| Q2 25 | $194.5M | $114.5M | ||
| Q1 25 | $192.6M | $111.1M | ||
| Q4 24 | $252.4M | $120.7M | ||
| Q3 24 | $256.6M | $116.1M | ||
| Q2 24 | $256.5M | $111.4M | ||
| Q1 24 | $252.4M | $115.2M |
净利润ACLSMSTR
| Q4 25 | $34.3M | — | ||
| Q3 25 | $26.0M | $2.8B | ||
| Q2 25 | $31.4M | $10.0B | ||
| Q1 25 | $28.6M | $-4.2B | ||
| Q4 24 | $50.0M | $-670.8M | ||
| Q3 24 | $48.6M | $-340.2M | ||
| Q2 24 | $50.9M | $-102.6M | ||
| Q1 24 | $51.6M | $-53.1M |
毛利率ACLSMSTR
| Q4 25 | 47.0% | 66.1% | ||
| Q3 25 | 41.6% | 70.5% | ||
| Q2 25 | 44.9% | 68.8% | ||
| Q1 25 | 46.1% | 69.4% | ||
| Q4 24 | 46.0% | 71.7% | ||
| Q3 24 | 42.9% | 70.4% | ||
| Q2 24 | 43.8% | 72.2% | ||
| Q1 24 | 46.0% | 74.0% |
营业利润率ACLSMSTR
| Q4 25 | 15.2% | — | ||
| Q3 25 | 11.7% | — | ||
| Q2 25 | 14.9% | — | ||
| Q1 25 | 15.1% | -5331.4% | ||
| Q4 24 | 21.6% | -842.1% | ||
| Q3 24 | 18.3% | -372.7% | ||
| Q2 24 | 20.6% | -179.7% | ||
| Q1 24 | 22.4% | -176.8% |
净利率ACLSMSTR
| Q4 25 | 14.4% | — | ||
| Q3 25 | 12.2% | 2164.1% | ||
| Q2 25 | 16.1% | 8752.7% | ||
| Q1 25 | 14.8% | -3797.2% | ||
| Q4 24 | 19.8% | -555.8% | ||
| Q3 24 | 18.9% | -293.1% | ||
| Q2 24 | 19.8% | -92.0% | ||
| Q1 24 | 20.4% | -46.1% |
每股收益（稀释后）ACLSMSTR
| Q4 25 | $1.11 | — | ||
| Q3 25 | $0.83 | $8.42 | ||
| Q2 25 | $0.98 | $32.60 | ||
| Q1 25 | $0.88 | $-16.49 | ||
| Q4 24 | $1.54 | $4.49 | ||
| Q3 24 | $1.49 | $-1.72 | ||
| Q2 24 | $1.55 | $-0.57 | ||
| Q1 24 | $1.57 | $-0.31 |
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 | $2.3B |
| 总债务越低越好 | — | $8.2B |
| 股东权益账面价值 | $1.0B | $44.1B |
| 总资产 | $1.4B | $61.6B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资ACLSMSTR
| Q4 25 | $374.3M | $2.3B | ||
| Q3 25 | $449.6M | $54.3M | ||
| Q2 25 | $549.8M | $50.1M | ||
| Q1 25 | $587.1M | $60.3M | ||
| Q4 24 | $571.3M | $38.1M | ||
| Q3 24 | $579.4M | $46.3M | ||
| Q2 24 | $548.3M | $66.9M | ||
| Q1 24 | $530.2M | $81.3M |
总债务ACLSMSTR
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | — | $8.2B | ||
| Q1 25 | — | $8.1B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | — | $3.6B |
股东权益ACLSMSTR
| Q4 25 | $1.0B | $44.1B | ||
| Q3 25 | $1.0B | $52.3B | ||
| Q2 25 | $1.0B | $47.5B | ||
| Q1 25 | $1.0B | $32.2B | ||
| Q4 24 | $1.0B | $18.2B | ||
| Q3 24 | $975.6M | $3.8B | ||
| Q2 24 | $934.9M | $2.8B | ||
| Q1 24 | $901.7M | $2.4B |
总资产ACLSMSTR
| Q4 25 | $1.4B | $61.6B | ||
| Q3 25 | $1.4B | $73.6B | ||
| Q2 25 | $1.3B | $64.8B | ||
| Q1 25 | $1.3B | $43.9B | ||
| Q4 24 | $1.3B | $25.8B | ||
| Q3 24 | $1.3B | $8.3B | ||
| Q2 24 | $1.3B | $7.1B | ||
| Q1 24 | $1.3B | $6.4B |
负债/权益比ACLSMSTR
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.48× |
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 | — |
| 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× | — |
| 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ACLSMSTR
| Q4 25 | $-6.6M | — | ||
| Q3 25 | $45.4M | $-8.3M | ||
| Q2 25 | $39.7M | $-34.9M | ||
| Q1 25 | $39.8M | $-2.4M | ||
| Q4 24 | $12.8M | $-17.3M | ||
| Q3 24 | $45.7M | $-41.0M | ||
| Q2 24 | $40.1M | $-23.3M | ||
| Q1 24 | $42.2M | $28.6M |
自由现金流ACLSMSTR
| Q4 25 | $-8.9M | — | ||
| Q3 25 | $43.3M | $-11.1M | ||
| Q2 25 | $37.7M | $-37.0M | ||
| Q1 25 | $34.8M | $-5.1M | ||
| Q4 24 | $8.1M | $-17.6M | ||
| Q3 24 | $41.8M | $-41.4M | ||
| Q2 24 | $38.1M | $-24.1M | ||
| Q1 24 | $40.6M | $27.0M |
自由现金流率ACLSMSTR
| Q4 25 | -3.7% | — | ||
| Q3 25 | 20.3% | -8.6% | ||
| Q2 25 | 19.4% | -32.3% | ||
| Q1 25 | 18.1% | -4.6% | ||
| Q4 24 | 3.2% | -14.6% | ||
| Q3 24 | 16.3% | -35.7% | ||
| Q2 24 | 14.8% | -21.6% | ||
| Q1 24 | 16.1% | 23.5% |
资本支出强度ACLSMSTR
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.9% | 2.2% | ||
| Q2 25 | 1.0% | 1.8% | ||
| Q1 25 | 2.6% | 2.5% | ||
| Q4 24 | 1.8% | 0.2% | ||
| Q3 24 | 1.5% | 0.4% | ||
| Q2 24 | 0.8% | 0.6% | ||
| Q1 24 | 0.6% | 1.3% |
现金转化率ACLSMSTR
| Q4 25 | -0.19× | — | ||
| Q3 25 | 1.75× | -0.00× | ||
| Q2 25 | 1.27× | -0.00× | ||
| 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% |
MSTR
暂无分部数据
