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Adeia Inc.（ADEA）与AMC Networks Inc.（AMCX）财务数据对比。点击上方公司名可切换其他公司
AMC Networks Inc.的季度营收约是Adeia Inc.的3.3倍（$594.8M vs $182.6M）。Adeia Inc.净利率更高（40.4% vs -9.3%，领先49.7%）。Adeia Inc.同比增速更快（53.3% vs -0.8%）。Adeia Inc.自由现金流更多（$59.4M vs $40.4M）。过去两年Adeia Inc.的营收复合增速更高（48.0% vs -0.1%）
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。
AMC网络公司是总部位于纽约市的美国独立大众传媒娱乐集团，旗下拥有AMC、BBC美国台、IFC、圣丹斯电视、We TV等多个有线频道，还经营纽约IFC中心艺术影院、独立电影公司、动漫版权发行商，以及AMC+、Acorn TV等多个付费订阅流媒体服务。
ADEA vs AMCX — 直观对比
营收规模更大
AMCX
是对方的3.3倍
$182.6M
营收增速更快
ADEA
高出54.0%
-0.8%
净利率更高
ADEA
高出49.7%
-9.3%
自由现金流更多
ADEA
多$19.0M
$40.4M
两年增速更快
ADEA
近两年复合增速
-0.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $182.6M | $594.8M |
| 净利润 | $73.7M | $-55.5M |
| 毛利率 | — | 49.7% |
| 营业利润率 | 59.5% | -8.6% |
| 净利率 | 40.4% | -9.3% |
| 营收同比 | 53.3% | -0.8% |
| 净利润同比 | 104.6% | 80.5% |
| 每股收益（稀释后） | $0.66 | $-0.97 |
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ADEAAMCX
| Q4 25 | $182.6M | $594.8M | ||
| Q3 25 | $87.3M | $561.7M | ||
| Q2 25 | $85.7M | $600.0M | ||
| Q1 25 | $87.7M | $555.2M | ||
| Q4 24 | $119.2M | $599.3M | ||
| Q3 24 | $86.1M | $599.6M | ||
| Q2 24 | $87.3M | $625.9M | ||
| Q1 24 | $83.4M | $596.5M |
净利润ADEAAMCX
| Q4 25 | $73.7M | $-55.5M | ||
| Q3 25 | $8.8M | $76.5M | ||
| Q2 25 | $16.7M | $50.3M | ||
| Q1 25 | $11.8M | $18.0M | ||
| Q4 24 | $36.0M | $-284.5M | ||
| Q3 24 | $19.3M | $41.4M | ||
| Q2 24 | $8.4M | $-29.2M | ||
| Q1 24 | $899.0K | $45.8M |
毛利率ADEAAMCX
| Q4 25 | — | 49.7% | ||
| Q3 25 | — | 48.2% | ||
| Q2 25 | — | 52.7% | ||
| Q1 25 | — | 51.8% | ||
| Q4 24 | — | 51.2% | ||
| Q3 24 | — | 52.0% | ||
| Q2 24 | — | 55.2% | ||
| Q1 24 | — | 54.5% |
营业利润率ADEAAMCX
| Q4 25 | 59.5% | -8.6% | ||
| Q3 25 | 30.9% | 9.9% | ||
| Q2 25 | 19.1% | 10.7% | ||
| Q1 25 | 26.0% | 11.6% | ||
| Q4 24 | 48.2% | -42.4% | ||
| Q3 24 | 32.7% | 15.6% | ||
| Q2 24 | 27.1% | 1.7% | ||
| Q1 24 | 23.2% | 18.5% |
净利率ADEAAMCX
| Q4 25 | 40.4% | -9.3% | ||
| Q3 25 | 10.1% | 13.6% | ||
| Q2 25 | 19.5% | 8.4% | ||
| Q1 25 | 13.5% | 3.3% | ||
| Q4 24 | 30.2% | -47.5% | ||
| Q3 24 | 22.4% | 6.9% | ||
| Q2 24 | 9.6% | -4.7% | ||
| Q1 24 | 1.1% | 7.7% |
每股收益（稀释后）ADEAAMCX
| Q4 25 | $0.66 | $-0.97 | ||
| Q3 25 | $0.08 | $1.38 | ||
| Q2 25 | $0.15 | $0.91 | ||
| Q1 25 | $0.10 | $0.34 | ||
| Q4 24 | $0.32 | $-6.23 | ||
| Q3 24 | $0.17 | $0.76 | ||
| Q2 24 | $0.07 | $-0.66 | ||
| Q1 24 | $0.01 | $1.03 |
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 | $136.7M | $502.4M |
| 总债务越低越好 | $418.5M | $1.8B |
| 股东权益账面价值 | $480.5M | $981.9M |
| 总资产 | $1.0B | $3.9B |
| 负债/权益比越低杠杆越低 | 0.87× | 1.78× |
8季度趋势，按日历期对齐
现金及短期投资ADEAAMCX
| Q4 25 | $136.7M | $502.4M | ||
| Q3 25 | $115.1M | $716.8M | ||
| Q2 25 | $116.5M | $866.4M | ||
| Q1 25 | $116.5M | $870.2M | ||
| Q4 24 | $110.4M | $784.6M | ||
| Q3 24 | $89.2M | $816.4M | ||
| Q2 24 | $94.5M | $802.6M | ||
| Q1 24 | $89.0M | $690.5M |
总债务ADEAAMCX
| Q4 25 | $418.5M | $1.8B | ||
| Q3 25 | $438.7M | $1.9B | ||
| Q2 25 | $448.9M | $2.2B | ||
| Q1 25 | $459.2M | $2.3B | ||
| Q4 24 | $475.5M | $2.3B | ||
| Q3 24 | $524.4M | $2.3B | ||
| Q2 24 | $535.6M | $2.4B | ||
| Q1 24 | $546.3M | $2.3B |
股东权益ADEAAMCX
| Q4 25 | $480.5M | $981.9M | ||
| Q3 25 | $413.7M | $1.1B | ||
| Q2 25 | $402.9M | $971.7M | ||
| Q1 25 | $389.5M | $888.8M | ||
| Q4 24 | $396.6M | $855.6M | ||
| Q3 24 | $378.2M | $1.1B | ||
| Q2 24 | $359.1M | $1.1B | ||
| Q1 24 | $350.0M | $1.1B |
总资产ADEAAMCX
| Q4 25 | $1.0B | $3.9B | ||
| Q3 25 | $1.1B | $4.2B | ||
| Q2 25 | $1.1B | $4.4B | ||
| Q1 25 | $1.1B | $4.3B | ||
| Q4 24 | $1.1B | $4.4B | ||
| Q3 24 | $1.1B | $4.8B | ||
| Q2 24 | $1.1B | $4.9B | ||
| Q1 24 | $1.1B | $4.9B |
负债/权益比ADEAAMCX
| Q4 25 | 0.87× | 1.78× | ||
| Q3 25 | 1.06× | 1.82× | ||
| Q2 25 | 1.11× | 2.27× | ||
| Q1 25 | 1.18× | 2.62× | ||
| Q4 24 | 1.20× | 2.73× | ||
| Q3 24 | 1.39× | 2.10× | ||
| Q2 24 | 1.49× | 2.26× | ||
| Q1 24 | 1.56× | 2.17× |
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 | $60.0M | $49.2M |
| 自由现金流经营现金流 - 资本支出 | $59.4M | $40.4M |
| 自由现金流率自由现金流/营收 | 32.5% | 6.8% |
| 资本支出强度资本支出/营收 | 0.3% | 1.5% |
| 现金转化率经营现金流/净利润 | 0.81× | — |
| 过去12个月自由现金流最近4个季度 | $156.3M | $272.4M |
8季度趋势，按日历期对齐
经营现金流ADEAAMCX
| Q4 25 | $60.0M | $49.2M | ||
| Q3 25 | $17.8M | $44.8M | ||
| Q2 25 | $23.1M | $102.8M | ||
| Q1 25 | $57.1M | $108.8M | ||
| Q4 24 | $107.5M | $58.1M | ||
| Q3 24 | $14.3M | $62.2M | ||
| Q2 24 | $23.5M | $104.4M | ||
| Q1 24 | $67.2M | $150.9M |
自由现金流ADEAAMCX
| Q4 25 | $59.4M | $40.4M | ||
| Q3 25 | $17.0M | $42.0M | ||
| Q2 25 | $22.9M | $95.7M | ||
| Q1 25 | $56.9M | $94.2M | ||
| Q4 24 | $106.9M | $37.6M | ||
| Q3 24 | $14.3M | $53.9M | ||
| Q2 24 | $23.0M | $95.2M | ||
| Q1 24 | $66.4M | $144.1M |
自由现金流率ADEAAMCX
| Q4 25 | 32.5% | 6.8% | ||
| Q3 25 | 19.5% | 7.5% | ||
| Q2 25 | 26.7% | 16.0% | ||
| Q1 25 | 64.9% | 17.0% | ||
| Q4 24 | 89.7% | 6.3% | ||
| Q3 24 | 16.6% | 9.0% | ||
| Q2 24 | 26.4% | 15.2% | ||
| Q1 24 | 79.7% | 24.2% |
资本支出强度ADEAAMCX
| Q4 25 | 0.3% | 1.5% | ||
| Q3 25 | 0.9% | 0.5% | ||
| Q2 25 | 0.2% | 1.2% | ||
| Q1 25 | 0.3% | 2.6% | ||
| Q4 24 | 0.5% | 3.4% | ||
| Q3 24 | 0.1% | 1.4% | ||
| Q2 24 | 0.5% | 1.5% | ||
| Q1 24 | 1.0% | 1.1% |
现金转化率ADEAAMCX
| Q4 25 | 0.81× | — | ||
| Q3 25 | 2.02× | 0.59× | ||
| Q2 25 | 1.38× | 2.04× | ||
| Q1 25 | 4.84× | 6.03× | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 0.74× | 1.50× | ||
| Q2 24 | 2.80× | — | ||
| Q1 24 | 74.78× | 3.29× |
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
ADEA
| Media Platform | $172.9M | 95% |
| Semiconductor | $9.7M | 5% |
AMCX
| Subscription And Circulation | $314.8M | 53% |
| Advertising | $124.9M | 21% |
| Other | $79.1M | 13% |
| License | $74.8M | 13% |
| Related Party | $1.2M | 0% |
