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奥多比（ADBE）与MultiSensor AI Holdings, Inc.（MSAI）财务数据对比。点击上方公司名可切换其他公司
奥多比的季度营收约是MultiSensor AI Holdings, Inc.的4609.5倍（$6.4B vs $1.4M）。奥多比净利率更高（29.5% vs -164.1%，领先193.6%）。奥多比同比增速更快（12.0% vs -0.9%）。奥多比自由现金流更多（$2.9B vs $-2.6M）。过去两年奥多比的营收复合增速更高（9.8% vs -21.9%）
奥多比（Adobe Inc.）前身为奥多比系统公司，是总部位于美国加利福尼亚州圣何塞的跨国计算机软件企业。旗下产品覆盖网页设计、图像处理、矢量创作、音视频编辑、移动应用开发、印刷排版、动画制作等多个领域，是全球领先的数字创意软件服务商。
Figure AI是一家美国机器人技术企业，专注于开发人工智能驱动的人形机器人，由布雷特·阿德科克于2022年创立，阿德科克同时也是知名企业Archer Aviation与Vettery的创始人。
ADBE vs MSAI — 直观对比
营收规模更大
ADBE
是对方的4609.5倍
$1.4M
营收增速更快
ADBE
高出12.8%
-0.9%
净利率更高
ADBE
高出193.6%
-164.1%
自由现金流更多
ADBE
多$2.9B
$-2.6M
两年增速更快
ADBE
近两年复合增速
-21.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $1.4M |
| 净利润 | $1.9B | $-2.3M |
| 毛利率 | 89.6% | — |
| 营业利润率 | 37.8% | -171.6% |
| 净利率 | 29.5% | -164.1% |
| 营收同比 | 12.0% | -0.9% |
| 净利润同比 | 4.3% | 23.7% |
| 每股收益（稀释后） | $4.60 | $-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ADBEMSAI
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.2B | $1.4M | ||
| Q3 25 | $6.0B | $1.6M | ||
| Q2 25 | $5.9B | $1.4M | ||
| Q1 25 | $5.7B | $1.2M | ||
| Q4 24 | $5.6B | $1.4M | ||
| Q3 24 | $5.4B | $1.6M | ||
| Q2 24 | $5.3B | $2.1M |
净利润ADBEMSAI
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $-2.3M | ||
| Q3 25 | $1.8B | $-1.7M | ||
| Q2 25 | $1.7B | $-3.3M | ||
| Q1 25 | $1.8B | $-4.4M | ||
| Q4 24 | $1.7B | $-3.0M | ||
| Q3 24 | $1.7B | $-8.2M | ||
| Q2 24 | $1.6B | $-6.4M |
毛利率ADBEMSAI
| Q1 26 | 89.6% | — | ||
| Q4 25 | 89.5% | — | ||
| Q3 25 | 89.3% | — | ||
| Q2 25 | 89.1% | — | ||
| Q1 25 | 89.1% | — | ||
| Q4 24 | 89.0% | — | ||
| Q3 24 | 89.8% | — | ||
| Q2 24 | 88.7% | — |
营业利润率ADBEMSAI
| Q1 26 | 37.8% | — | ||
| Q4 25 | 36.5% | -171.6% | ||
| Q3 25 | 36.3% | -107.6% | ||
| Q2 25 | 35.9% | -233.8% | ||
| Q1 25 | 37.9% | -394.6% | ||
| Q4 24 | 34.9% | -199.6% | ||
| Q3 24 | 36.8% | -541.5% | ||
| Q2 24 | 35.5% | -228.1% |
净利率ADBEMSAI
| Q1 26 | 29.5% | — | ||
| Q4 25 | 30.0% | -164.1% | ||
| Q3 25 | 29.6% | -106.5% | ||
| Q2 25 | 28.8% | -234.1% | ||
| Q1 25 | 31.7% | -379.1% | ||
| Q4 24 | 30.0% | -213.2% | ||
| Q3 24 | 31.1% | -511.5% | ||
| Q2 24 | 29.6% | -300.8% |
每股收益（稀释后）ADBEMSAI
| Q1 26 | $4.60 | — | ||
| Q4 25 | $4.44 | $-0.02 | ||
| Q3 25 | $4.18 | $-0.05 | ||
| Q2 25 | $3.94 | $-0.10 | ||
| Q1 25 | $4.14 | $-0.14 | ||
| Q4 24 | $3.75 | $0.07 | ||
| Q3 24 | $3.76 | $-0.34 | ||
| Q2 24 | $3.49 | $-0.47 |
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 | $6.9B | $24.4M |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $11.4B | $32.0M |
| 总资产 | $29.7B | $35.5M |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资ADBEMSAI
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.6B | $24.4M | ||
| Q3 25 | $5.9B | $1.1M | ||
| Q2 25 | $5.7B | $3.2M | ||
| Q1 25 | $7.4B | $4.7M | ||
| Q4 24 | $7.9B | $4.4M | ||
| Q3 24 | $7.5B | $8.6M | ||
| Q2 24 | $8.1B | $234.0K |
总债务ADBEMSAI
| Q1 26 | $5.4B | — | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $6.2B | — | ||
| Q1 25 | $6.2B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | $642.0K |
股东权益ADBEMSAI
| Q1 26 | $11.4B | — | ||
| Q4 25 | $11.6B | $32.0M | ||
| Q3 25 | $11.8B | $8.3M | ||
| Q2 25 | $11.4B | $9.8M | ||
| Q1 25 | $13.1B | $12.9M | ||
| Q4 24 | $14.1B | $12.3M | ||
| Q3 24 | $14.5B | $15.6M | ||
| Q2 24 | $14.8B | $1.6M |
总资产ADBEMSAI
| Q1 26 | $29.7B | — | ||
| Q4 25 | $29.5B | $35.5M | ||
| Q3 25 | $28.8B | $11.9M | ||
| Q2 25 | $28.1B | $14.6M | ||
| Q1 25 | $30.0B | $16.4M | ||
| Q4 24 | $30.2B | $15.5M | ||
| Q3 24 | $29.8B | $18.9M | ||
| Q2 24 | $30.0B | $16.4M |
负债/权益比ADBEMSAI
| Q1 26 | 0.47× | — | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.28× | — | ||
| Q2 24 | 0.28× | 0.41× |
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 | $3.0B | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $-2.6M |
| 自由现金流率自由现金流/营收 | 45.7% | -187.3% |
| 资本支出强度资本支出/营收 | 0.6% | 26.2% |
| 现金转化率经营现金流/净利润 | 1.57× | — |
| 过去12个月自由现金流最近4个季度 | $10.3B | $-9.7M |
8季度趋势，按日历期对齐
经营现金流ADBEMSAI
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.2B | $-2.2M | ||
| Q3 25 | $2.2B | $-1.8M | ||
| Q2 25 | $2.2B | $-804.0K | ||
| Q1 25 | $2.5B | $-3.2M | ||
| Q4 24 | — | $-3.1M | ||
| Q3 24 | $2.0B | $-12.7M | ||
| Q2 24 | $1.9B | $-303.0K |
自由现金流ADBEMSAI
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $-2.6M | ||
| Q3 25 | $2.1B | $-2.1M | ||
| Q2 25 | $2.1B | $-1.3M | ||
| Q1 25 | $2.5B | $-3.6M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | $2.0B | $-13.2M | ||
| Q2 24 | $1.9B | $-844.0K |
自由现金流率ADBEMSAI
| Q1 26 | 45.7% | — | ||
| Q4 25 | 50.5% | -187.3% | ||
| Q3 25 | 35.5% | -136.1% | ||
| Q2 25 | 36.5% | -91.5% | ||
| Q1 25 | 43.0% | -308.6% | ||
| Q4 24 | — | -294.6% | ||
| Q3 24 | 36.3% | -823.2% | ||
| Q2 24 | 35.8% | -39.7% |
资本支出强度ADBEMSAI
| Q1 26 | 0.6% | — | ||
| Q4 25 | 0.5% | 26.2% | ||
| Q3 25 | 1.2% | 21.5% | ||
| Q2 25 | 0.8% | 34.8% | ||
| Q1 25 | 0.5% | 37.2% | ||
| Q4 24 | — | 76.2% | ||
| Q3 24 | 1.1% | 30.5% | ||
| Q2 24 | 0.8% | 25.5% |
现金转化率ADBEMSAI
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.70× | — | ||
| Q3 25 | 1.24× | — | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | 1.37× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.23× | — |
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
ADBE
| Subscription Revenue | $6.2B | 97% |
| Service Other | $110.0M | 2% |
| Products | $90.0M | 1% |
MSAI
暂无分部数据
