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ARRAY DIGITAL INFRASTRUCTURE, INC.（AD）与Adeia Inc.（ADEA）财务数据对比。点击上方公司名可切换其他公司
Adeia Inc.净利率更高（40.4% vs -2.3%，领先42.6%）。Adeia Inc.同比增速更快（53.3% vs -279.1%）。Adeia Inc.自由现金流更多（$59.4M vs $-210.7M）。过去两年Adeia Inc.的营收复合增速更高（NaN% vs NaN%）
Array Digital Infrastructure, Inc.是一家数字基础设施提供商，拥有、运营和开发战略布局的数据中心设施，主要服务云服务商、企业客户及电信企业，核心业务覆盖北美市场。
Adeia Inc.是一家全球化知识产权授权与创新企业，主营半导体制造、消费电子、媒体分发及智能设备领域的专利技术研发与商业化合作，与全球多家头部科技企业达成授权合作，推动相关行业技术升级。
AD vs ADEA — 直观对比
营收规模更大
ADEA
是对方的-0.1倍
$-1.7B
营收增速更快
ADEA
高出332.4%
-279.1%
净利率更高
ADEA
高出42.6%
-2.3%
自由现金流更多
ADEA
多$270.1M
$-210.7M
两年增速更快
ADEA
近两年复合增速
NaN%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $-1.7B | $182.6M |
| 净利润 | $38.2M | $73.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 59.5% |
| 净利率 | -2.3% | 40.4% |
| 营收同比 | -279.1% | 53.3% |
| 净利润同比 | 664.4% | 104.6% |
| 每股收益（稀释后） | $0.43 | $0.66 |
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ADADEA
| Q4 25 | $-1.7B | $182.6M | ||
| Q3 25 | $47.1M | $87.3M | ||
| Q2 25 | — | $85.7M | ||
| Q1 25 | — | $87.7M | ||
| Q4 24 | $944.0M | $119.2M | ||
| Q3 24 | $896.0M | $86.1M | ||
| Q2 24 | $902.0M | $87.3M | ||
| Q1 24 | $925.0M | $83.4M |
净利润ADADEA
| Q4 25 | $38.2M | $73.7M | ||
| Q3 25 | $-38.5M | $8.8M | ||
| Q2 25 | — | $16.7M | ||
| Q1 25 | — | $11.8M | ||
| Q4 24 | $5.0M | $36.0M | ||
| Q3 24 | $-79.0M | $19.3M | ||
| Q2 24 | $17.0M | $8.4M | ||
| Q1 24 | $18.0M | $899.0K |
毛利率ADADEA
| Q4 25 | — | — | ||
| Q3 25 | 55.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 98.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ADADEA
| Q4 25 | — | 59.5% | ||
| Q3 25 | -113.1% | 30.9% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | -1.0% | 48.2% | ||
| Q3 24 | -10.0% | 32.7% | ||
| Q2 24 | 4.0% | 27.1% | ||
| Q1 24 | 5.5% | 23.2% |
净利率ADADEA
| Q4 25 | -2.3% | 40.4% | ||
| Q3 25 | -81.6% | 10.1% | ||
| Q2 25 | — | 19.5% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | 0.5% | 30.2% | ||
| Q3 24 | -8.8% | 22.4% | ||
| Q2 24 | 1.9% | 9.6% | ||
| Q1 24 | 1.9% | 1.1% |
每股收益（稀释后）ADADEA
| Q4 25 | $0.43 | $0.66 | ||
| Q3 25 | $-0.44 | $0.08 | ||
| Q2 25 | — | $0.15 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | $0.06 | $0.32 | ||
| Q3 24 | $-0.92 | $0.17 | ||
| Q2 24 | $0.20 | $0.07 | ||
| Q1 24 | $0.20 | $0.01 |
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 | $113.4M | $136.7M |
| 总债务越低越好 | $670.3M | $418.5M |
| 股东权益账面价值 | $2.6B | $480.5M |
| 总资产 | $4.7B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.26× | 0.87× |
8季度趋势，按日历期对齐
现金及短期投资ADADEA
| Q4 25 | $113.4M | $136.7M | ||
| Q3 25 | $325.6M | $115.1M | ||
| Q2 25 | — | $116.5M | ||
| Q1 25 | — | $116.5M | ||
| Q4 24 | $144.0M | $110.4M | ||
| Q3 24 | $272.0M | $89.2M | ||
| Q2 24 | $195.0M | $94.5M | ||
| Q1 24 | $185.0M | $89.0M |
总债务ADADEA
| Q4 25 | $670.3M | $418.5M | ||
| Q3 25 | $671.9M | $438.7M | ||
| Q2 25 | — | $448.9M | ||
| Q1 25 | — | $459.2M | ||
| Q4 24 | $2.8B | $475.5M | ||
| Q3 24 | $2.9B | $524.4M | ||
| Q2 24 | $2.9B | $535.6M | ||
| Q1 24 | $3.0B | $546.3M |
股东权益ADADEA
| Q4 25 | $2.6B | $480.5M | ||
| Q3 25 | $2.5B | $413.7M | ||
| Q2 25 | — | $402.9M | ||
| Q1 25 | — | $389.5M | ||
| Q4 24 | $4.6B | $396.6M | ||
| Q3 24 | $4.6B | $378.2M | ||
| Q2 24 | $4.7B | $359.1M | ||
| Q1 24 | $4.7B | $350.0M |
总资产ADADEA
| Q4 25 | $4.7B | $1.0B | ||
| Q3 25 | $4.9B | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $10.4B | $1.1B | ||
| Q3 24 | $10.5B | $1.1B | ||
| Q2 24 | $10.6B | $1.1B | ||
| Q1 24 | $10.7B | $1.1B |
负债/权益比ADADEA
| Q4 25 | 0.26× | 0.87× | ||
| Q3 25 | 0.27× | 1.06× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | 0.62× | 1.20× | ||
| Q3 24 | 0.63× | 1.39× | ||
| Q2 24 | 0.62× | 1.49× | ||
| Q1 24 | 0.65× | 1.56× |
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 | $-202.1M | $60.0M |
| 自由现金流经营现金流 - 资本支出 | $-210.7M | $59.4M |
| 自由现金流率自由现金流/营收 | 12.5% | 32.5% |
| 资本支出强度资本支出/营收 | -0.5% | 0.3% |
| 现金转化率经营现金流/净利润 | -5.29× | 0.81× |
| 过去12个月自由现金流最近4个季度 | $-321.2M | $156.3M |
8季度趋势，按日历期对齐
经营现金流ADADEA
| Q4 25 | $-202.1M | $60.0M | ||
| Q3 25 | $-82.1M | $17.8M | ||
| Q2 25 | — | $23.1M | ||
| Q1 25 | — | $57.1M | ||
| Q4 24 | $122.0M | $107.5M | ||
| Q3 24 | $245.0M | $14.3M | ||
| Q2 24 | $313.0M | $23.5M | ||
| Q1 24 | $203.0M | $67.2M |
自由现金流ADADEA
| Q4 25 | $-210.7M | $59.4M | ||
| Q3 25 | $-210.5M | $17.0M | ||
| Q2 25 | — | $22.9M | ||
| Q1 25 | — | $56.9M | ||
| Q4 24 | $-16.0M | $106.9M | ||
| Q3 24 | $116.0M | $14.3M | ||
| Q2 24 | $176.0M | $23.0M | ||
| Q1 24 | $70.0M | $66.4M |
自由现金流率ADADEA
| Q4 25 | 12.5% | 32.5% | ||
| Q3 25 | -446.8% | 19.5% | ||
| Q2 25 | — | 26.7% | ||
| Q1 25 | — | 64.9% | ||
| Q4 24 | -1.7% | 89.7% | ||
| Q3 24 | 12.9% | 16.6% | ||
| Q2 24 | 19.5% | 26.4% | ||
| Q1 24 | 7.6% | 79.7% |
资本支出强度ADADEA
| Q4 25 | -0.5% | 0.3% | ||
| Q3 25 | 272.5% | 0.9% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | 14.6% | 0.5% | ||
| Q3 24 | 14.4% | 0.1% | ||
| Q2 24 | 15.2% | 0.5% | ||
| Q1 24 | 14.4% | 1.0% |
现金转化率ADADEA
| Q4 25 | -5.29× | 0.81× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 1.38× | ||
| Q1 25 | — | 4.84× | ||
| Q4 24 | 24.40× | 2.98× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | 18.41× | 2.80× | ||
| Q1 24 | 11.28× | 74.78× |
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
AD
暂无分部数据
ADEA
| Media Platform | $172.9M | 95% |
| Semiconductor | $9.7M | 5% |
