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AXCELIS TECHNOLOGIES INC（ACLS）与ORMAT TECHNOLOGIES, INC.（ORA）财务数据对比。点击上方公司名可切换其他公司
ORMAT TECHNOLOGIES, INC.的季度营收约是AXCELIS TECHNOLOGIES INC的1.7倍（$403.9M vs $238.3M），AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs 10.9%，领先3.5%），ORMAT TECHNOLOGIES, INC.同比增速更快（75.8% vs -5.6%），过去两年ORMAT TECHNOLOGIES, INC.的营收复合增速更高（37.7% 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。
Ormat Technologies是总部位于美国内华达州里诺的跨国企业，主打可再生地热能源技术，累计建成超190座电站，总装机容量超3200兆瓦；截至2021年1月自主运营933兆瓦地热及余热回收电站，还向全球多国供应超千台涡轮增压器。
ACLS vs ORA — 直观对比
营收规模更大
ORA
是对方的1.7倍
$238.3M
营收增速更快
ORA
高出81.3%
-5.6%
净利率更高
ACLS
高出3.5%
10.9%
两年增速更快
ORA
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $403.9M |
| 净利润 | $34.3M | $44.1M |
| 毛利率 | 47.0% | 29.8% |
| 营业利润率 | 15.2% | 19.9% |
| 净利率 | 14.4% | 10.9% |
| 营收同比 | -5.6% | 75.8% |
| 净利润同比 | -31.3% | 9.2% |
| 每股收益（稀释后） | $1.11 | $0.71 |
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ACLSORA
| Q1 26 | — | $403.9M | ||
| Q4 25 | $238.3M | $276.0M | ||
| Q3 25 | $213.6M | $249.7M | ||
| Q2 25 | $194.5M | $234.0M | ||
| Q1 25 | $192.6M | $229.8M | ||
| Q4 24 | $252.4M | $230.7M | ||
| Q3 24 | $256.6M | $211.8M | ||
| Q2 24 | $256.5M | $213.0M |
净利润ACLSORA
| Q1 26 | — | $44.1M | ||
| Q4 25 | $34.3M | $31.4M | ||
| Q3 25 | $26.0M | $24.1M | ||
| Q2 25 | $31.4M | $28.0M | ||
| Q1 25 | $28.6M | $40.4M | ||
| Q4 24 | $50.0M | $40.8M | ||
| Q3 24 | $48.6M | $22.1M | ||
| Q2 24 | $50.9M | $22.2M |
毛利率ACLSORA
| Q1 26 | — | 29.8% | ||
| Q4 25 | 47.0% | 28.6% | ||
| Q3 25 | 41.6% | 25.6% | ||
| Q2 25 | 44.9% | 24.3% | ||
| Q1 25 | 46.1% | 31.7% | ||
| Q4 24 | 46.0% | 31.9% | ||
| Q3 24 | 42.9% | 27.8% | ||
| Q2 24 | 43.8% | 28.8% |
营业利润率ACLSORA
| Q1 26 | — | 19.9% | ||
| Q4 25 | 15.2% | 15.4% | ||
| Q3 25 | 11.7% | 16.2% | ||
| Q2 25 | 14.9% | 15.1% | ||
| Q1 25 | 15.1% | 22.2% | ||
| Q4 24 | 21.6% | 21.3% | ||
| Q3 24 | 18.3% | 16.8% | ||
| Q2 24 | 20.6% | 16.5% |
净利率ACLSORA
| Q1 26 | — | 10.9% | ||
| Q4 25 | 14.4% | 11.4% | ||
| Q3 25 | 12.2% | 9.7% | ||
| Q2 25 | 16.1% | 12.0% | ||
| Q1 25 | 14.8% | 17.6% | ||
| Q4 24 | 19.8% | 17.7% | ||
| Q3 24 | 18.9% | 10.4% | ||
| Q2 24 | 19.8% | 10.4% |
每股收益（稀释后）ACLSORA
| Q1 26 | — | $0.71 | ||
| Q4 25 | $1.11 | $0.51 | ||
| Q3 25 | $0.83 | $0.39 | ||
| Q2 25 | $0.98 | $0.46 | ||
| Q1 25 | $0.88 | $0.66 | ||
| Q4 24 | $1.54 | $0.67 | ||
| Q3 24 | $1.49 | $0.36 | ||
| Q2 24 | $1.55 | $0.37 |
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 | $654.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $2.7B |
| 总资产 | $1.4B | $6.8B |
| 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ACLSORA
| Q1 26 | — | $654.6M | ||
| Q4 25 | $374.3M | $147.4M | ||
| Q3 25 | $449.6M | $79.6M | ||
| Q2 25 | $549.8M | $88.5M | ||
| Q1 25 | $587.1M | $112.7M | ||
| Q4 24 | $571.3M | $94.4M | ||
| Q3 24 | $579.4M | $88.1M | ||
| Q2 24 | $548.3M | $66.3M |
总债务ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ACLSORA
| Q1 26 | — | $2.7B | ||
| Q4 25 | $1.0B | $2.5B | ||
| Q3 25 | $1.0B | $2.5B | ||
| Q2 25 | $1.0B | $2.5B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.0B | $2.4B | ||
| Q3 24 | $975.6M | $2.4B | ||
| Q2 24 | $934.9M | $2.4B |
总资产ACLSORA
| Q1 26 | — | $6.8B | ||
| Q4 25 | $1.4B | $6.2B | ||
| Q3 25 | $1.4B | $6.1B | ||
| Q2 25 | $1.3B | $6.0B | ||
| Q1 25 | $1.3B | $5.8B | ||
| Q4 24 | $1.3B | $5.7B | ||
| Q3 24 | $1.3B | $5.6B | ||
| Q2 24 | $1.3B | $5.5B |
负债/权益比ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.97× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | $-6.6M | $105.0M | ||
| Q3 25 | $45.4M | $45.2M | ||
| Q2 25 | $39.7M | $96.9M | ||
| Q1 25 | $39.8M | $88.0M | ||
| Q4 24 | $12.8M | $158.6M | ||
| Q3 24 | $45.7M | $106.4M | ||
| Q2 24 | $40.1M | $30.7M |
自由现金流ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | $-8.9M | $-40.0M | ||
| Q3 25 | $43.3M | $-102.1M | ||
| Q2 25 | $37.7M | $-37.9M | ||
| Q1 25 | $34.8M | $-104.6M | ||
| Q4 24 | $8.1M | $30.9M | ||
| Q3 24 | $41.8M | $-3.3M | ||
| Q2 24 | $38.1M | $-116.1M |
自由现金流率ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | -3.7% | -14.5% | ||
| Q3 25 | 20.3% | -40.9% | ||
| Q2 25 | 19.4% | -16.2% | ||
| Q1 25 | 18.1% | -45.5% | ||
| Q4 24 | 3.2% | 13.4% | ||
| Q3 24 | 16.3% | -1.6% | ||
| Q2 24 | 14.8% | -54.5% |
资本支出强度ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 52.6% | ||
| Q3 25 | 0.9% | 59.0% | ||
| Q2 25 | 1.0% | 57.6% | ||
| Q1 25 | 2.6% | 83.8% | ||
| Q4 24 | 1.8% | 55.4% | ||
| Q3 24 | 1.5% | 51.8% | ||
| Q2 24 | 0.8% | 69.0% |
现金转化率ACLSORA
| Q1 26 | — | — | ||
| Q4 25 | -0.19× | 3.35× | ||
| Q3 25 | 1.75× | 1.87× | ||
| Q2 25 | 1.27× | 3.45× | ||
| Q1 25 | 1.39× | 2.18× | ||
| Q4 24 | 0.26× | 3.89× | ||
| Q3 24 | 0.94× | 4.82× | ||
| Q2 24 | 0.79× | 1.38× |
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% |
ORA
| Electricity | $181.6M | 45% |
| Product | $177.4M | 44% |
| Energy storage | $44.9M | 11% |
