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Adeia Inc.（ADEA）与埃培智集团（IPG）财务数据对比。点击上方公司名可切换其他公司
埃培智集团的季度营收约是Adeia Inc.的11.7倍（$2.1B vs $182.6M）。Adeia Inc.净利率更高（40.4% vs 5.8%，领先34.5%）。Adeia Inc.同比增速更快（53.3% vs -4.8%）。埃培智集团自由现金流更多（$153.6M vs $59.4M）。过去两年Adeia Inc.的营收复合增速更高（48.0% vs -9.1%）
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。
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
ADEA vs IPG — 直观对比
营收规模更大
IPG
是对方的11.7倍
$182.6M
营收增速更快
ADEA
高出58.0%
-4.8%
净利率更高
ADEA
高出34.5%
5.8%
自由现金流更多
IPG
多$94.2M
$59.4M
两年增速更快
ADEA
近两年复合增速
-9.1%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $182.6M | $2.1B |
| 净利润 | $73.7M | $124.2M |
| 毛利率 | — | — |
| 营业利润率 | 59.5% | 10.3% |
| 净利率 | 40.4% | 5.8% |
| 营收同比 | 53.3% | -4.8% |
| 净利润同比 | 104.6% | 517.9% |
| 每股收益（稀释后） | $0.66 | $0.34 |
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ADEAIPG
| Q4 25 | $182.6M | — | ||
| Q3 25 | $87.3M | $2.1B | ||
| Q2 25 | $85.7M | $2.2B | ||
| Q1 25 | $87.7M | $2.0B | ||
| Q4 24 | $119.2M | $2.4B | ||
| Q3 24 | $86.1M | $2.2B | ||
| Q2 24 | $87.3M | $2.3B | ||
| Q1 24 | $83.4M | $2.2B |
净利润ADEAIPG
| Q4 25 | $73.7M | — | ||
| Q3 25 | $8.8M | $124.2M | ||
| Q2 25 | $16.7M | $162.5M | ||
| Q1 25 | $11.8M | $-85.4M | ||
| Q4 24 | $36.0M | $344.5M | ||
| Q3 24 | $19.3M | $20.1M | ||
| Q2 24 | $8.4M | $214.5M | ||
| Q1 24 | $899.0K | $110.4M |
毛利率ADEAIPG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | -1.1% |
营业利润率ADEAIPG
| Q4 25 | 59.5% | — | ||
| Q3 25 | 30.9% | 10.3% | ||
| Q2 25 | 19.1% | 11.2% | ||
| Q1 25 | 26.0% | -2.1% | ||
| Q4 24 | 48.2% | 23.3% | ||
| Q3 24 | 32.7% | 5.9% | ||
| Q2 24 | 27.1% | 13.7% | ||
| Q1 24 | 23.2% | 8.4% |
净利率ADEAIPG
| Q4 25 | 40.4% | — | ||
| Q3 25 | 10.1% | 5.8% | ||
| Q2 25 | 19.5% | 7.5% | ||
| Q1 25 | 13.5% | -4.3% | ||
| Q4 24 | 30.2% | 14.1% | ||
| Q3 24 | 22.4% | 0.9% | ||
| Q2 24 | 9.6% | 9.2% | ||
| Q1 24 | 1.1% | 5.1% |
每股收益（稀释后）ADEAIPG
| Q4 25 | $0.66 | — | ||
| Q3 25 | $0.08 | $0.34 | ||
| Q2 25 | $0.15 | $0.44 | ||
| Q1 25 | $0.10 | $-0.23 | ||
| Q4 24 | $0.32 | $0.92 | ||
| Q3 24 | $0.17 | $0.05 | ||
| Q2 24 | $0.07 | $0.57 | ||
| Q1 24 | $0.01 | $0.29 |
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 | $1.5B |
| 总债务越低越好 | $418.5M | — |
| 股东权益账面价值 | $480.5M | $3.7B |
| 总资产 | $1.0B | $17.0B |
| 负债/权益比越低杠杆越低 | 0.87× | — |
8季度趋势，按日历期对齐
现金及短期投资ADEAIPG
| Q4 25 | $136.7M | — | ||
| Q3 25 | $115.1M | $1.5B | ||
| Q2 25 | $116.5M | $1.6B | ||
| Q1 25 | $116.5M | $1.9B | ||
| Q4 24 | $110.4M | $2.2B | ||
| Q3 24 | $89.2M | $1.5B | ||
| Q2 24 | $94.5M | $1.5B | ||
| Q1 24 | $89.0M | $1.9B |
总债务ADEAIPG
| Q4 25 | $418.5M | — | ||
| Q3 25 | $438.7M | — | ||
| Q2 25 | $448.9M | — | ||
| Q1 25 | $459.2M | — | ||
| Q4 24 | $475.5M | — | ||
| Q3 24 | $524.4M | — | ||
| Q2 24 | $535.6M | — | ||
| Q1 24 | $546.3M | — |
股东权益ADEAIPG
| Q4 25 | $480.5M | — | ||
| Q3 25 | $413.7M | $3.7B | ||
| Q2 25 | $402.9M | $3.7B | ||
| Q1 25 | $389.5M | $3.6B | ||
| Q4 24 | $396.6M | $3.8B | ||
| Q3 24 | $378.2M | $3.7B | ||
| Q2 24 | $359.1M | $3.8B | ||
| Q1 24 | $350.0M | $3.8B |
总资产ADEAIPG
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.1B | $17.0B | ||
| Q2 25 | $1.1B | $17.0B | ||
| Q1 25 | $1.1B | $17.1B | ||
| Q4 24 | $1.1B | $18.3B | ||
| Q3 24 | $1.1B | $17.1B | ||
| Q2 24 | $1.1B | $17.0B | ||
| Q1 24 | $1.1B | $17.3B |
负债/权益比ADEAIPG
| Q4 25 | 0.87× | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 1.18× | — | ||
| Q4 24 | 1.20× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 1.49× | — | ||
| Q1 24 | 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 | $60.0M | $180.1M |
| 自由现金流经营现金流 - 资本支出 | $59.4M | $153.6M |
| 自由现金流率自由现金流/营收 | 32.5% | 7.2% |
| 资本支出强度资本支出/营收 | 0.3% | 1.2% |
| 现金转化率经营现金流/净利润 | 0.81× | 1.45× |
| 过去12个月自由现金流最近4个季度 | $156.3M | $806.8M |
8季度趋势，按日历期对齐
经营现金流ADEAIPG
| Q4 25 | $60.0M | — | ||
| Q3 25 | $17.8M | $180.1M | ||
| Q2 25 | $23.1M | $-96.0M | ||
| Q1 25 | $57.1M | $-37.0M | ||
| Q4 24 | $107.5M | $868.1M | ||
| Q3 24 | $14.3M | $223.8M | ||
| Q2 24 | $23.5M | $120.7M | ||
| Q1 24 | $67.2M | $-157.4M |
自由现金流ADEAIPG
| Q4 25 | $59.4M | — | ||
| Q3 25 | $17.0M | $153.6M | ||
| Q2 25 | $22.9M | $-121.8M | ||
| Q1 25 | $56.9M | $-58.5M | ||
| Q4 24 | $106.9M | $833.5M | ||
| Q3 24 | $14.3M | $186.5M | ||
| Q2 24 | $23.0M | $85.9M | ||
| Q1 24 | $66.4M | $-192.5M |
自由现金流率ADEAIPG
| Q4 25 | 32.5% | — | ||
| Q3 25 | 19.5% | 7.2% | ||
| Q2 25 | 26.7% | -5.6% | ||
| Q1 25 | 64.9% | -2.9% | ||
| Q4 24 | 89.7% | 34.2% | ||
| Q3 24 | 16.6% | 8.3% | ||
| Q2 24 | 26.4% | 3.7% | ||
| Q1 24 | 79.7% | -8.8% |
资本支出强度ADEAIPG
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.9% | 1.2% | ||
| Q2 25 | 0.2% | 1.2% | ||
| Q1 25 | 0.3% | 1.1% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 0.5% | 1.5% | ||
| Q1 24 | 1.0% | 1.6% |
现金转化率ADEAIPG
| Q4 25 | 0.81× | — | ||
| Q3 25 | 2.02× | 1.45× | ||
| Q2 25 | 1.38× | -0.59× | ||
| Q1 25 | 4.84× | — | ||
| Q4 24 | 2.98× | 2.52× | ||
| Q3 24 | 0.74× | 11.13× | ||
| Q2 24 | 2.80× | 0.56× | ||
| Q1 24 | 74.78× | -1.43× |
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
ADEA
| Media Platform | $172.9M | 95% |
| Semiconductor | $9.7M | 5% |
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
