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AXCELIS TECHNOLOGIES INC（ACLS）与升特（SMTC）财务数据对比。点击上方公司名可切换其他公司
升特的季度营收约是AXCELIS TECHNOLOGIES INC的1.1倍（$267.0M vs $238.3M），AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs -1.1%，领先15.5%），升特同比增速更快（12.7% vs -5.6%），升特自由现金流更多（$44.6M vs $-8.9M），过去两年升特的营收复合增速更高（17.6% 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。
升特（Semtech）是美国模拟与混合信号半导体及先进算法供应商，产品覆盖消费电子、企业计算、通信、工业等终端领域。公司1960年成立于加利福尼亚州纽伯里帕克，总部位于南加州卡马里奥，目前在北美、欧洲、亚洲的15个国家设有32个分支机构。
ACLS vs SMTC — 直观对比
营收规模更大
SMTC
是对方的1.1倍
$238.3M
营收增速更快
SMTC
高出18.3%
-5.6%
净利率更高
ACLS
高出15.5%
-1.1%
自由现金流更多
SMTC
多$53.5M
$-8.9M
两年增速更快
SMTC
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $267.0M |
| 净利润 | $34.3M | $-2.9M |
| 毛利率 | 47.0% | 51.9% |
| 营业利润率 | 15.2% | 11.6% |
| 净利率 | 14.4% | -1.1% |
| 营收同比 | -5.6% | 12.7% |
| 净利润同比 | -31.3% | 62.3% |
| 每股收益（稀释后） | $1.11 | $-0.03 |
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ACLSSMTC
| Q4 25 | $238.3M | $267.0M | ||
| Q3 25 | $213.6M | $257.6M | ||
| Q2 25 | $194.5M | $251.1M | ||
| Q1 25 | $192.6M | $251.0M | ||
| Q4 24 | $252.4M | $236.8M | ||
| Q3 24 | $256.6M | $215.4M | ||
| Q2 24 | $256.5M | $206.1M | ||
| Q1 24 | $252.4M | $192.9M |
净利润ACLSSMTC
| Q4 25 | $34.3M | $-2.9M | ||
| Q3 25 | $26.0M | $-27.1M | ||
| Q2 25 | $31.4M | $19.3M | ||
| Q1 25 | $28.6M | $39.1M | ||
| Q4 24 | $50.0M | $-7.6M | ||
| Q3 24 | $48.6M | $-170.3M | ||
| Q2 24 | $50.9M | $-23.2M | ||
| Q1 24 | $51.6M | $-642.4M |
毛利率ACLSSMTC
| Q4 25 | 47.0% | 51.9% | ||
| Q3 25 | 41.6% | 52.1% | ||
| Q2 25 | 44.9% | 52.3% | ||
| Q1 25 | 46.1% | 52.0% | ||
| Q4 24 | 46.0% | 51.1% | ||
| Q3 24 | 42.9% | 49.0% | ||
| Q2 24 | 43.8% | 48.3% | ||
| Q1 24 | 46.0% | -0.2% |
营业利润率ACLSSMTC
| Q4 25 | 15.2% | 11.6% | ||
| Q3 25 | 11.7% | -6.3% | ||
| Q2 25 | 14.9% | 14.3% | ||
| Q1 25 | 15.1% | 8.5% | ||
| Q4 24 | 21.6% | 7.5% | ||
| Q3 24 | 18.3% | 3.6% | ||
| Q2 24 | 20.6% | 1.5% | ||
| Q1 24 | 22.4% | -321.3% |
净利率ACLSSMTC
| Q4 25 | 14.4% | -1.1% | ||
| Q3 25 | 12.2% | -10.5% | ||
| Q2 25 | 16.1% | 7.7% | ||
| Q1 25 | 14.8% | 15.6% | ||
| Q4 24 | 19.8% | -3.2% | ||
| Q3 24 | 18.9% | -79.1% | ||
| Q2 24 | 19.8% | -11.2% | ||
| Q1 24 | 20.4% | -332.9% |
每股收益（稀释后）ACLSSMTC
| Q4 25 | $1.11 | $-0.03 | ||
| Q3 25 | $0.83 | $-0.31 | ||
| Q2 25 | $0.98 | $0.22 | ||
| Q1 25 | $0.88 | $0.81 | ||
| Q4 24 | $1.54 | $-0.10 | ||
| Q3 24 | $1.49 | $-2.61 | ||
| Q2 24 | $1.55 | $-0.36 | ||
| Q1 24 | $1.57 | $-10.00 |
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 | $164.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $565.7M |
| 总资产 | $1.4B | $1.4B |
| 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ACLSSMTC
| Q4 25 | $374.3M | $164.7M | ||
| Q3 25 | $449.6M | $168.6M | ||
| Q2 25 | $549.8M | $156.5M | ||
| Q1 25 | $587.1M | $151.7M | ||
| Q4 24 | $571.3M | $136.5M | ||
| Q3 24 | $579.4M | $115.9M | ||
| Q2 24 | $548.3M | $126.8M | ||
| Q1 24 | $530.2M | $128.6M |
股东权益ACLSSMTC
| Q4 25 | $1.0B | $565.7M | ||
| Q3 25 | $1.0B | $552.9M | ||
| Q2 25 | $1.0B | $568.8M | ||
| Q1 25 | $1.0B | $542.4M | ||
| Q4 24 | $1.0B | $-139.7M | ||
| Q3 24 | $975.6M | $-141.4M | ||
| Q2 24 | $934.9M | $-313.1M | ||
| Q1 24 | $901.7M | $-307.4M |
总资产ACLSSMTC
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.3B | $1.4B |
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 | $47.5M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $44.6M |
| 自由现金流率自由现金流/营收 | -3.7% | 16.7% |
| 资本支出强度资本支出/营收 | 1.0% | 1.1% |
| 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 | $143.2M |
8季度趋势，按日历期对齐
经营现金流ACLSSMTC
| Q4 25 | $-6.6M | $47.5M | ||
| Q3 25 | $45.4M | $44.4M | ||
| Q2 25 | $39.7M | $27.8M | ||
| Q1 25 | $39.8M | $33.5M | ||
| Q4 24 | $12.8M | $29.6M | ||
| Q3 24 | $45.7M | $-5.0M | ||
| Q2 24 | $40.1M | $-89.0K | ||
| Q1 24 | $42.2M | $13.9M |
自由现金流ACLSSMTC
| Q4 25 | $-8.9M | $44.6M | ||
| Q3 25 | $43.3M | $41.5M | ||
| Q2 25 | $37.7M | $26.2M | ||
| Q1 25 | $34.8M | $30.9M | ||
| Q4 24 | $8.1M | $29.1M | ||
| Q3 24 | $41.8M | $-8.4M | ||
| Q2 24 | $38.1M | $-1.4M | ||
| Q1 24 | $40.6M | $12.2M |
自由现金流率ACLSSMTC
| Q4 25 | -3.7% | 16.7% | ||
| Q3 25 | 20.3% | 16.1% | ||
| Q2 25 | 19.4% | 10.4% | ||
| Q1 25 | 18.1% | 12.3% | ||
| Q4 24 | 3.2% | 12.3% | ||
| Q3 24 | 16.3% | -3.9% | ||
| Q2 24 | 14.8% | -0.7% | ||
| Q1 24 | 16.1% | 6.3% |
资本支出强度ACLSSMTC
| Q4 25 | 1.0% | 1.1% | ||
| Q3 25 | 0.9% | 1.1% | ||
| Q2 25 | 1.0% | 0.7% | ||
| Q1 25 | 2.6% | 1.0% | ||
| Q4 24 | 1.8% | 0.2% | ||
| Q3 24 | 1.5% | 1.6% | ||
| Q2 24 | 0.8% | 0.6% | ||
| Q1 24 | 0.6% | 0.9% |
现金转化率ACLSSMTC
| Q4 25 | -0.19× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.27× | 1.44× | ||
| Q1 25 | 1.39× | 0.86× | ||
| 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% |
SMTC
| Products | $239.5M | 90% |
| Services | $27.4M | 10% |
