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AXCELIS TECHNOLOGIES INC（ACLS）与UNIVERSAL DISPLAY CORP \PA\（OLED）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UNIVERSAL DISPLAY CORP \PA\的1.7倍（$238.3M vs $142.2M），UNIVERSAL DISPLAY CORP \PA\净利率更高（25.2% vs 14.4%，领先10.9%），AXCELIS TECHNOLOGIES INC同比增速更快（-5.6% vs -14.5%），过去两年AXCELIS TECHNOLOGIES INC的营收复合增速更高（-2.8% vs -5.3%）
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。
Universal Display Corporation（股票代码OLED）是有机发光二极管（OLED）技术及材料的研发与生产企业，拥有深厚的技术积累，面向显示、照明两大领域提供相关配套服务，是全球OLED上游产业链的核心供应商之一。
ACLS vs OLED — 直观对比
营收规模更大
ACLS
是对方的1.7倍
$142.2M
营收增速更快
ACLS
高出8.9%
-14.5%
净利率更高
OLED
高出10.9%
14.4%
两年增速更快
ACLS
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $142.2M |
| 净利润 | $34.3M | $35.9M |
| 毛利率 | 47.0% | 74.6% |
| 营业利润率 | 15.2% | 30.1% |
| 净利率 | 14.4% | 25.2% |
| 营收同比 | -5.6% | -14.5% |
| 净利润同比 | -31.3% | -44.3% |
| 每股收益（稀释后） | $1.11 | $0.76 |
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ACLSOLED
| Q1 26 | — | $142.2M | ||
| Q4 25 | $238.3M | $172.9M | ||
| Q3 25 | $213.6M | $139.6M | ||
| Q2 25 | $194.5M | $171.8M | ||
| Q1 25 | $192.6M | $166.3M | ||
| Q4 24 | $252.4M | $162.3M | ||
| Q3 24 | $256.6M | $161.6M | ||
| Q2 24 | $256.5M | $158.5M |
净利润ACLSOLED
| Q1 26 | — | $35.9M | ||
| Q4 25 | $34.3M | $66.3M | ||
| Q3 25 | $26.0M | $44.0M | ||
| Q2 25 | $31.4M | $67.3M | ||
| Q1 25 | $28.6M | $64.4M | ||
| Q4 24 | $50.0M | $46.0M | ||
| Q3 24 | $48.6M | $66.9M | ||
| Q2 24 | $50.9M | $52.3M |
毛利率ACLSOLED
| Q1 26 | — | 74.6% | ||
| Q4 25 | 47.0% | 76.1% | ||
| Q3 25 | 41.6% | 74.6% | ||
| Q2 25 | 44.9% | 77.2% | ||
| Q1 25 | 46.1% | 77.1% | ||
| Q4 24 | 46.0% | 77.0% | ||
| Q3 24 | 42.9% | 77.8% | ||
| Q2 24 | 43.8% | 75.8% |
营业利润率ACLSOLED
| Q1 26 | — | 30.1% | ||
| Q4 25 | 15.2% | 38.9% | ||
| Q3 25 | 11.7% | 30.9% | ||
| Q2 25 | 14.9% | 39.9% | ||
| Q1 25 | 15.1% | 41.9% | ||
| Q4 24 | 21.6% | 32.3% | ||
| Q3 24 | 18.3% | 41.5% | ||
| Q2 24 | 20.6% | 35.6% |
净利率ACLSOLED
| Q1 26 | — | 25.2% | ||
| Q4 25 | 14.4% | 38.4% | ||
| Q3 25 | 12.2% | 31.5% | ||
| Q2 25 | 16.1% | 39.2% | ||
| Q1 25 | 14.8% | 38.8% | ||
| Q4 24 | 19.8% | 28.4% | ||
| Q3 24 | 18.9% | 41.4% | ||
| Q2 24 | 19.8% | 33.0% |
每股收益（稀释后）ACLSOLED
| Q1 26 | — | $0.76 | ||
| Q4 25 | $1.11 | $1.40 | ||
| Q3 25 | $0.83 | $0.92 | ||
| Q2 25 | $0.98 | $1.41 | ||
| Q1 25 | $0.88 | $1.35 | ||
| Q4 24 | $1.54 | $0.96 | ||
| Q3 24 | $1.49 | $1.40 | ||
| Q2 24 | $1.55 | $1.10 |
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 | $516.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | — |
| 总资产 | $1.4B | $1.9B |
| 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ACLSOLED
| Q1 26 | — | $516.4M | ||
| Q4 25 | $374.3M | $602.4M | ||
| Q3 25 | $449.6M | $603.0M | ||
| Q2 25 | $549.8M | $525.2M | ||
| Q1 25 | $587.1M | $571.3M | ||
| Q4 24 | $571.3M | $492.7M | ||
| Q3 24 | $579.4M | $551.6M | ||
| Q2 24 | $548.3M | $530.5M |
股东权益ACLSOLED
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | $1.0B | $1.7B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $1.0B | $1.6B | ||
| Q3 24 | $975.6M | $1.6B | ||
| Q2 24 | $934.9M | $1.5B |
总资产ACLSOLED
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.4B | $1.9B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.3B | $1.9B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.3B | $1.8B |
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 | $108.9M |
| 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× | 3.03× |
| 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ACLSOLED
| Q1 26 | — | $108.9M | ||
| Q4 25 | $-6.6M | $31.1M | ||
| Q3 25 | $45.4M | $97.2M | ||
| Q2 25 | $39.7M | $51.9M | ||
| Q1 25 | $39.8M | $30.6M | ||
| Q4 24 | $12.8M | $34.7M | ||
| Q3 24 | $45.7M | $79.9M | ||
| Q2 24 | $40.1M | $67.0M |
自由现金流ACLSOLED
| Q1 26 | — | — | ||
| Q4 25 | $-8.9M | $15.1M | ||
| Q3 25 | $43.3M | $84.3M | ||
| Q2 25 | $37.7M | $37.5M | ||
| Q1 25 | $34.8M | $17.5M | ||
| Q4 24 | $8.1M | $22.0M | ||
| Q3 24 | $41.8M | $66.2M | ||
| Q2 24 | $38.1M | $57.9M |
自由现金流率ACLSOLED
| Q1 26 | — | — | ||
| Q4 25 | -3.7% | 8.7% | ||
| Q3 25 | 20.3% | 60.4% | ||
| Q2 25 | 19.4% | 21.8% | ||
| Q1 25 | 18.1% | 10.5% | ||
| Q4 24 | 3.2% | 13.6% | ||
| Q3 24 | 16.3% | 41.0% | ||
| Q2 24 | 14.8% | 36.5% |
资本支出强度ACLSOLED
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 9.3% | ||
| Q3 25 | 0.9% | 9.2% | ||
| Q2 25 | 1.0% | 8.4% | ||
| Q1 25 | 2.6% | 7.9% | ||
| Q4 24 | 1.8% | 7.8% | ||
| Q3 24 | 1.5% | 8.4% | ||
| Q2 24 | 0.8% | 5.8% |
现金转化率ACLSOLED
| Q1 26 | — | 3.03× | ||
| Q4 25 | -0.19× | 0.47× | ||
| Q3 25 | 1.75× | 2.21× | ||
| Q2 25 | 1.27× | 0.77× | ||
| Q1 25 | 1.39× | 0.47× | ||
| Q4 24 | 0.26× | 0.75× | ||
| Q3 24 | 0.94× | 1.19× | ||
| Q2 24 | 0.79× | 1.28× |
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% |
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
