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AXCELIS TECHNOLOGIES INC（ACLS）与WisdomTree, Inc.（WT）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WisdomTree, Inc.的1.5倍（$238.3M vs $159.5M），WisdomTree, Inc.净利率更高（25.5% vs 14.4%，领先11.1%），WisdomTree, Inc.同比增速更快（47.5% vs -5.6%），过去两年WisdomTree, Inc.的营收复合增速更高（22.1% 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。
WisdomTree, Inc.是总部位于纽约的全球ETF（交易型开放式指数基金）及交易所交易产品发行方与资产管理机构，2006年6月推出首批ETF产品，目前是美国主流ETF供应商之一。其发行的ETF覆盖全球不同资产类别与地区市场，产品线涵盖美国及国际股票、货币、固定收益及另类投资等品类。
ACLS vs WT — 直观对比
营收规模更大
ACLS
是对方的1.5倍
$159.5M
营收增速更快
WT
高出53.1%
-5.6%
净利率更高
WT
高出11.1%
14.4%
两年增速更快
WT
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $159.5M |
| 净利润 | $34.3M | $40.6M |
| 毛利率 | 47.0% | — |
| 营业利润率 | 15.2% | 37.2% |
| 净利率 | 14.4% | 25.5% |
| 营收同比 | -5.6% | 47.5% |
| 净利润同比 | -31.3% | 76.4% |
| 每股收益（稀释后） | $1.11 | $0.28 |
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ACLSWT
| Q1 26 | — | $159.5M | ||
| Q4 25 | $238.3M | $147.4M | ||
| Q3 25 | $213.6M | $125.6M | ||
| Q2 25 | $194.5M | $112.6M | ||
| Q1 25 | $192.6M | $108.1M | ||
| Q4 24 | $252.4M | $110.7M | ||
| Q3 24 | $256.6M | $113.2M | ||
| Q2 24 | $256.5M | $107.0M |
净利润ACLSWT
| Q1 26 | — | $40.6M | ||
| Q4 25 | $34.3M | $40.0M | ||
| Q3 25 | $26.0M | $19.7M | ||
| Q2 25 | $31.4M | $24.8M | ||
| Q1 25 | $28.6M | $24.6M | ||
| Q4 24 | $50.0M | $27.3M | ||
| Q3 24 | $48.6M | $-4.5M | ||
| Q2 24 | $50.9M | $21.8M |
毛利率ACLSWT
| Q1 26 | — | — | ||
| Q4 25 | 47.0% | — | ||
| Q3 25 | 41.6% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 46.1% | — | ||
| Q4 24 | 46.0% | — | ||
| Q3 24 | 42.9% | — | ||
| Q2 24 | 43.8% | — |
营业利润率ACLSWT
| Q1 26 | — | 37.2% | ||
| Q4 25 | 15.2% | 40.5% | ||
| Q3 25 | 11.7% | 36.3% | ||
| Q2 25 | 14.9% | 30.8% | ||
| Q1 25 | 15.1% | 31.6% | ||
| Q4 24 | 21.6% | 31.7% | ||
| Q3 24 | 18.3% | 36.0% | ||
| Q2 24 | 20.6% | 31.3% |
净利率ACLSWT
| Q1 26 | — | 25.5% | ||
| Q4 25 | 14.4% | 27.1% | ||
| Q3 25 | 12.2% | 15.7% | ||
| Q2 25 | 16.1% | 22.0% | ||
| Q1 25 | 14.8% | 22.8% | ||
| Q4 24 | 19.8% | 24.7% | ||
| Q3 24 | 18.9% | -4.0% | ||
| Q2 24 | 19.8% | 20.3% |
每股收益（稀释后）ACLSWT
| Q1 26 | — | $0.28 | ||
| Q4 25 | $1.11 | $0.28 | ||
| Q3 25 | $0.83 | $0.13 | ||
| Q2 25 | $0.98 | $0.17 | ||
| Q1 25 | $0.88 | $0.17 | ||
| Q4 24 | $1.54 | $0.20 | ||
| Q3 24 | $1.49 | $-0.13 | ||
| Q2 24 | $1.55 | $0.13 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | — |
| 总资产 | $1.4B | $1.8B |
| 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ACLSWT
| Q1 26 | — | — | ||
| Q4 25 | $374.3M | — | ||
| Q3 25 | $449.6M | — | ||
| Q2 25 | $549.8M | — | ||
| Q1 25 | $587.1M | — | ||
| Q4 24 | $571.3M | — | ||
| Q3 24 | $579.4M | — | ||
| Q2 24 | $548.3M | $132.5M |
股东权益ACLSWT
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $413.7M | ||
| Q3 25 | $1.0B | $373.4M | ||
| Q2 25 | $1.0B | $445.1M | ||
| Q1 25 | $1.0B | $415.6M | ||
| Q4 24 | $1.0B | $400.0M | ||
| Q3 24 | $975.6M | $374.9M | ||
| Q2 24 | $934.9M | $445.6M |
总资产ACLSWT
| Q1 26 | — | $1.8B | ||
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.3B | $964.1M |
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 | $18.0M |
| 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× | 0.44× |
| 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ACLSWT
| Q1 26 | — | $18.0M | ||
| Q4 25 | $-6.6M | $147.9M | ||
| Q3 25 | $45.4M | $48.1M | ||
| Q2 25 | $39.7M | $38.8M | ||
| Q1 25 | $39.8M | $6.4M | ||
| Q4 24 | $12.8M | $113.5M | ||
| Q3 24 | $45.7M | $47.7M | ||
| Q2 24 | $40.1M | $32.2M |
自由现金流ACLSWT
| Q1 26 | — | — | ||
| Q4 25 | $-8.9M | $147.7M | ||
| Q3 25 | $43.3M | $48.0M | ||
| Q2 25 | $37.7M | $38.7M | ||
| Q1 25 | $34.8M | $6.3M | ||
| Q4 24 | $8.1M | $113.3M | ||
| Q3 24 | $41.8M | $47.7M | ||
| Q2 24 | $38.1M | $32.2M |
自由现金流率ACLSWT
| Q1 26 | — | — | ||
| Q4 25 | -3.7% | 100.2% | ||
| Q3 25 | 20.3% | 38.2% | ||
| Q2 25 | 19.4% | 34.4% | ||
| Q1 25 | 18.1% | 5.9% | ||
| Q4 24 | 3.2% | 102.4% | ||
| Q3 24 | 16.3% | 42.1% | ||
| Q2 24 | 14.8% | 30.1% |
资本支出强度ACLSWT
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 0.1% | ||
| Q3 25 | 0.9% | 0.0% | ||
| Q2 25 | 1.0% | 0.1% | ||
| Q1 25 | 2.6% | 0.0% | ||
| Q4 24 | 1.8% | 0.1% | ||
| Q3 24 | 1.5% | 0.0% | ||
| Q2 24 | 0.8% | 0.0% |
现金转化率ACLSWT
| Q1 26 | — | 0.44× | ||
| Q4 25 | -0.19× | 3.70× | ||
| Q3 25 | 1.75× | 2.44× | ||
| Q2 25 | 1.27× | 1.57× | ||
| Q1 25 | 1.39× | 0.26× | ||
| Q4 24 | 0.26× | 4.15× | ||
| Q3 24 | 0.94× | — | ||
| Q2 24 | 0.79× | 1.48× |
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% |
WT
| Advisory fees | $134.9M | 85% |
| Other | $6.1M | 4% |
| Third-party distribution fees | $5.8M | 4% |
| Management fees | $5.2M | 3% |
| Sales and business development | $4.2M | 3% |
| Professional fees | $3.3M | 2% |
