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AXCELIS TECHNOLOGIES INC（ACLS）与VEECO INSTRUMENTS INC（VECO）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VEECO INSTRUMENTS INC的1.4倍（$238.3M vs $165.0M）。AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs 0.7%，领先13.7%）。AXCELIS TECHNOLOGIES INC同比增速更快（-5.6% vs -9.4%）。VEECO INSTRUMENTS INC自由现金流更多（$21.7M vs $-8.9M）。过去两年VEECO INSTRUMENTS INC的营收复合增速更高（-2.8% 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。
维易科仪器公司是全球领先的资本设备供应商，总部位于美国，专注于设计和制造半导体及化合物半导体制造、数据存储、科研领域使用的工艺系统，产品广泛应用于先进封装、光子学、电力电子和显示技术等前沿领域。
ACLS vs VECO — 直观对比
营收规模更大
ACLS
是对方的1.4倍
$165.0M
营收增速更快
ACLS
高出3.8%
-9.4%
净利率更高
ACLS
高出13.7%
0.7%
自由现金流更多
VECO
多$30.6M
$-8.9M
两年增速更快
VECO
近两年复合增速
-2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $165.0M |
| 净利润 | $34.3M | $1.1M |
| 毛利率 | 47.0% | 36.7% |
| 营业利润率 | 15.2% | -0.8% |
| 净利率 | 14.4% | 0.7% |
| 营收同比 | -5.6% | -9.4% |
| 净利润同比 | -31.3% | -92.6% |
| 每股收益（稀释后） | $1.11 | $0.02 |
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ACLSVECO
| Q4 25 | $238.3M | $165.0M | ||
| Q3 25 | $213.6M | $165.9M | ||
| Q2 25 | $194.5M | $166.1M | ||
| Q1 25 | $192.6M | $167.3M | ||
| Q4 24 | $252.4M | $182.1M | ||
| Q3 24 | $256.6M | $184.8M | ||
| Q2 24 | $256.5M | $175.9M | ||
| Q1 24 | $252.4M | $174.5M |
净利润ACLSVECO
| Q4 25 | $34.3M | $1.1M | ||
| Q3 25 | $26.0M | $10.6M | ||
| Q2 25 | $31.4M | $11.7M | ||
| Q1 25 | $28.6M | $11.9M | ||
| Q4 24 | $50.0M | $15.0M | ||
| Q3 24 | $48.6M | $22.0M | ||
| Q2 24 | $50.9M | $14.9M | ||
| Q1 24 | $51.6M | $21.9M |
毛利率ACLSVECO
| Q4 25 | 47.0% | 36.7% | ||
| Q3 25 | 41.6% | 40.8% | ||
| Q2 25 | 44.9% | 41.4% | ||
| Q1 25 | 46.1% | 40.9% | ||
| Q4 24 | 46.0% | 40.6% | ||
| Q3 24 | 42.9% | 42.9% | ||
| Q2 24 | 43.8% | 42.9% | ||
| Q1 24 | 46.0% | 43.2% |
营业利润率ACLSVECO
| Q4 25 | 15.2% | -0.8% | ||
| Q3 25 | 11.7% | 6.4% | ||
| Q2 25 | 14.9% | 7.4% | ||
| Q1 25 | 15.1% | 8.5% | ||
| Q4 24 | 21.6% | 2.1% | ||
| Q3 24 | 18.3% | 13.2% | ||
| Q2 24 | 20.6% | 9.5% | ||
| Q1 24 | 22.4% | 12.6% |
净利率ACLSVECO
| Q4 25 | 14.4% | 0.7% | ||
| Q3 25 | 12.2% | 6.4% | ||
| Q2 25 | 16.1% | 7.1% | ||
| Q1 25 | 14.8% | 7.1% | ||
| Q4 24 | 19.8% | 8.2% | ||
| Q3 24 | 18.9% | 11.9% | ||
| Q2 24 | 19.8% | 8.5% | ||
| Q1 24 | 20.4% | 12.5% |
每股收益（稀释后）ACLSVECO
| Q4 25 | $1.11 | $0.02 | ||
| Q3 25 | $0.83 | $0.17 | ||
| Q2 25 | $0.98 | $0.20 | ||
| Q1 25 | $0.88 | $0.20 | ||
| Q4 24 | $1.54 | $0.25 | ||
| Q3 24 | $1.49 | $0.36 | ||
| Q2 24 | $1.55 | $0.25 | ||
| Q1 24 | $1.57 | $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 | $163.5M |
| 总债务越低越好 | — | $226.0M |
| 股东权益账面价值 | $1.0B | $885.5M |
| 总资产 | $1.4B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资ACLSVECO
| Q4 25 | $374.3M | $163.5M | ||
| Q3 25 | $449.6M | $193.2M | ||
| Q2 25 | $549.8M | $188.9M | ||
| Q1 25 | $587.1M | $174.9M | ||
| Q4 24 | $571.3M | $145.6M | ||
| Q3 24 | $579.4M | $163.2M | ||
| Q2 24 | $548.3M | $174.2M | ||
| Q1 24 | $530.2M | $174.0M |
总债务ACLSVECO
| Q4 25 | — | $226.0M | ||
| Q3 25 | — | $225.7M | ||
| Q2 25 | — | $225.4M | ||
| Q1 25 | — | $250.0M | ||
| Q4 24 | — | $276.2M | ||
| Q3 24 | — | $275.9M | ||
| Q2 24 | — | $275.6M | ||
| Q1 24 | — | $275.2M |
股东权益ACLSVECO
| Q4 25 | $1.0B | $885.5M | ||
| Q3 25 | $1.0B | $876.0M | ||
| Q2 25 | $1.0B | $856.2M | ||
| Q1 25 | $1.0B | $811.9M | ||
| Q4 24 | $1.0B | $770.8M | ||
| Q3 24 | $975.6M | $746.5M | ||
| Q2 24 | $934.9M | $715.0M | ||
| Q1 24 | $901.7M | $687.9M |
总资产ACLSVECO
| Q4 25 | $1.4B | $1.3B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.3B | $1.2B |
负债/权益比ACLSVECO
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.40× |
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 | $24.9M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $21.7M |
| 自由现金流率自由现金流/营收 | -3.7% | 13.1% |
| 资本支出强度资本支出/营收 | 1.0% | 2.0% |
| 现金转化率经营现金流/净利润 | -0.19× | 22.38× |
| 过去12个月自由现金流最近4个季度 | $107.0M | $53.3M |
8季度趋势，按日历期对齐
经营现金流ACLSVECO
| Q4 25 | $-6.6M | $24.9M | ||
| Q3 25 | $45.4M | $15.5M | ||
| Q2 25 | $39.7M | $9.0M | ||
| Q1 25 | $39.8M | $20.0M | ||
| Q4 24 | $12.8M | $28.4M | ||
| Q3 24 | $45.7M | $17.6M | ||
| Q2 24 | $40.1M | $8.5M | ||
| Q1 24 | $42.2M | $9.4M |
自由现金流ACLSVECO
| Q4 25 | $-8.9M | $21.7M | ||
| Q3 25 | $43.3M | $13.0M | ||
| Q2 25 | $37.7M | $5.4M | ||
| Q1 25 | $34.8M | $13.2M | ||
| Q4 24 | $8.1M | $23.2M | ||
| Q3 24 | $41.8M | $13.6M | ||
| Q2 24 | $38.1M | $5.5M | ||
| Q1 24 | $40.6M | $3.4M |
自由现金流率ACLSVECO
| Q4 25 | -3.7% | 13.1% | ||
| Q3 25 | 20.3% | 7.8% | ||
| Q2 25 | 19.4% | 3.3% | ||
| Q1 25 | 18.1% | 7.9% | ||
| Q4 24 | 3.2% | 12.7% | ||
| Q3 24 | 16.3% | 7.4% | ||
| Q2 24 | 14.8% | 3.1% | ||
| Q1 24 | 16.1% | 1.9% |
资本支出强度ACLSVECO
| Q4 25 | 1.0% | 2.0% | ||
| Q3 25 | 0.9% | 1.6% | ||
| Q2 25 | 1.0% | 2.2% | ||
| Q1 25 | 2.6% | 4.0% | ||
| Q4 24 | 1.8% | 2.8% | ||
| Q3 24 | 1.5% | 2.2% | ||
| Q2 24 | 0.8% | 1.7% | ||
| Q1 24 | 0.6% | 3.4% |
现金转化率ACLSVECO
| Q4 25 | -0.19× | 22.38× | ||
| Q3 25 | 1.75× | 1.47× | ||
| Q2 25 | 1.27× | 0.77× | ||
| Q1 25 | 1.39× | 1.67× | ||
| Q4 24 | 0.26× | 1.90× | ||
| Q3 24 | 0.94× | 0.80× | ||
| Q2 24 | 0.79× | 0.57× | ||
| Q1 24 | 0.82× | 0.43× |
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% |
VECO
| Asia Pacific Excluding China | $89.9M | 54% |
| Other | $44.8M | 27% |
| Compound Semiconductor | $20.1M | 12% |
| Data Storage | $10.2M | 6% |
