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亚德诺半导体（ADI）与Arteris, Inc.（AIP）财务数据对比。点击上方公司名可切换其他公司
亚德诺半导体的季度营收约是Arteris, Inc.的156.9倍（$3.2B vs $20.1M）。亚德诺半导体净利率更高（26.3% vs -42.2%，领先68.5%）。亚德诺半导体同比增速更快（30.4% vs 30.0%）。亚德诺半导体自由现金流更多（$1.3B vs $3.0M）。过去两年Arteris, Inc.的营收复合增速更高（24.7% vs 21.0%）
亚德诺半导体（ADI）是总部位于美国马萨诸塞州威尔明顿的跨国半导体企业，专注于数据转换、信号处理与电源管理技术研发，相关产品广泛应用于通信、工业、汽车等多个领域，是全球模拟芯片领域的领先厂商。
Arteris公司是一家跨国科技企业，总部位于美国加利福尼亚州坎贝尔，主营片上网络（NoC）知识产权以及系统芯片（SoC）集成自动化软件的研发，产品用于各类半导体芯片与芯粒设计，客户覆盖汽车电子、人工智能、机器学习、企业计算、通信、消费电子、工业以及航空航天国防等多个领域。
ADI vs AIP — 直观对比
营收规模更大
ADI
是对方的156.9倍
$20.1M
营收增速更快
ADI
高出0.4%
30.0%
净利率更高
ADI
高出68.5%
-42.2%
自由现金流更多
ADI
多$1.3B
$3.0M
两年增速更快
AIP
近两年复合增速
21.0%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $20.1M |
| 净利润 | $830.8M | $-8.5M |
| 毛利率 | 64.7% | 90.8% |
| 营业利润率 | 31.5% | -42.0% |
| 净利率 | 26.3% | -42.2% |
| 营收同比 | 30.4% | 30.0% |
| 净利润同比 | 112.3% | -3.7% |
| 每股收益（稀释后） | $1.69 | $-0.19 |
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ADIAIP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $20.1M | ||
| Q3 25 | $2.9B | $17.4M | ||
| Q2 25 | $2.6B | $16.5M | ||
| Q1 25 | $2.4B | $16.5M | ||
| Q4 24 | $2.4B | $15.5M | ||
| Q3 24 | $2.3B | $14.7M | ||
| Q2 24 | $2.2B | $14.6M |
净利润ADIAIP
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $-8.5M | ||
| Q3 25 | $518.5M | $-9.0M | ||
| Q2 25 | $569.8M | $-9.1M | ||
| Q1 25 | $391.3M | $-8.1M | ||
| Q4 24 | $478.1M | $-8.2M | ||
| Q3 24 | $392.2M | $-7.7M | ||
| Q2 24 | $302.2M | $-8.3M |
毛利率ADIAIP
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 90.8% | ||
| Q3 25 | 62.1% | 89.9% | ||
| Q2 25 | 61.0% | 89.4% | ||
| Q1 25 | 59.0% | 90.8% | ||
| Q4 24 | 58.0% | 89.8% | ||
| Q3 24 | 56.7% | 90.1% | ||
| Q2 24 | 54.7% | 90.0% |
营业利润率ADIAIP
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | -42.0% | ||
| Q3 25 | 28.4% | -50.1% | ||
| Q2 25 | 25.7% | -50.0% | ||
| Q1 25 | 20.3% | -46.6% | ||
| Q4 24 | 23.3% | -45.9% | ||
| Q3 24 | 21.2% | -53.8% | ||
| Q2 24 | 17.9% | -51.1% |
净利率ADIAIP
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | -42.2% | ||
| Q3 25 | 18.0% | -51.6% | ||
| Q2 25 | 21.6% | -55.3% | ||
| Q1 25 | 16.1% | -49.1% | ||
| Q4 24 | 19.6% | -53.0% | ||
| Q3 24 | 17.0% | -52.2% | ||
| Q2 24 | 14.0% | -57.2% |
每股收益（稀释后）ADIAIP
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $-0.19 | ||
| Q3 25 | $1.04 | $-0.21 | ||
| Q2 25 | $1.14 | $-0.22 | ||
| Q1 25 | $0.78 | $-0.20 | ||
| Q4 24 | $0.95 | $-0.19 | ||
| Q3 24 | $0.79 | $-0.20 | ||
| Q2 24 | $0.61 | $-0.22 |
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 | $2.9B | $33.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.8B | $-14.6M |
| 总资产 | $48.0B | $115.0M |
| 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ADIAIP
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $33.9M | ||
| Q3 25 | $2.3B | $39.0M | ||
| Q2 25 | $2.4B | $38.0M | ||
| Q1 25 | $2.3B | $42.3M | ||
| Q4 24 | $2.4B | $43.8M | ||
| Q3 24 | $2.1B | $48.7M | ||
| Q2 24 | $2.4B | $45.8M |
股东权益ADIAIP
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $-14.6M | ||
| Q3 25 | $34.1B | $-11.4M | ||
| Q2 25 | $35.0B | $-7.5M | ||
| Q1 25 | $35.1B | $-4.8M | ||
| Q4 24 | $35.2B | $-1.2M | ||
| Q3 24 | $35.2B | $2.2M | ||
| Q2 24 | $35.2B | $5.3M |
总资产ADIAIP
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $115.0M | ||
| Q3 25 | $48.2B | $107.7M | ||
| Q2 25 | $47.3B | $106.9M | ||
| Q1 25 | $48.0B | $98.3M | ||
| Q4 24 | $48.2B | $106.1M | ||
| Q3 24 | $48.6B | $97.7M | ||
| Q2 24 | $48.9B | $96.4M |
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 | $1.4B | $3.2M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $3.0M |
| 自由现金流率自由现金流/营收 | 39.8% | 15.1% |
| 资本支出强度资本支出/营收 | 3.5% | 0.7% |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | $4.6B | $5.3M |
8季度趋势，按日历期对齐
经营现金流ADIAIP
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $3.2M | ||
| Q3 25 | $1.2B | $3.2M | ||
| Q2 25 | $819.5M | $-2.5M | ||
| Q1 25 | $1.1B | $2.9M | ||
| Q4 24 | $1.1B | $-2.6M | ||
| Q3 24 | $855.0M | $1.1M | ||
| Q2 24 | $807.9M | $311.0K |
自由现金流ADIAIP
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $3.0M | ||
| Q3 25 | $1.1B | $2.5M | ||
| Q2 25 | $729.2M | $-2.8M | ||
| Q1 25 | $977.8M | $2.7M | ||
| Q4 24 | $885.4M | $-2.7M | ||
| Q3 24 | $701.1M | $1.1M | ||
| Q2 24 | $619.7M | $264.0K |
自由现金流率ADIAIP
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 15.1% | ||
| Q3 25 | 37.7% | 14.2% | ||
| Q2 25 | 27.6% | -17.2% | ||
| Q1 25 | 40.4% | 16.2% | ||
| Q4 24 | 36.2% | -17.3% | ||
| Q3 24 | 30.3% | 7.4% | ||
| Q2 24 | 28.7% | 1.8% |
资本支出强度ADIAIP
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 0.7% | ||
| Q3 25 | 2.7% | 4.1% | ||
| Q2 25 | 3.4% | 2.2% | ||
| Q1 25 | 6.1% | 1.1% | ||
| Q4 24 | 6.8% | 0.3% | ||
| Q3 24 | 6.7% | 0.2% | ||
| Q2 24 | 8.7% | 0.3% |
现金转化率ADIAIP
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | — | ||
| Q3 25 | 2.25× | — | ||
| Q2 25 | 1.44× | — | ||
| Q1 25 | 2.88× | — | ||
| Q4 24 | 2.20× | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.67× | — |
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
ADI
| Sales Channel Directly To Consumer | $1.4B | 44% |
| Automotive | $794.4M | 25% |
| Communications | $476.8M | 15% |
| Consumer | $399.8M | 13% |
| Other | $71.3M | 2% |
| Sales Channel Other | $40.8M | 1% |
AIP
| License And Maintenance | $17.5M | 87% |
| Variable Royalties And Other | $2.6M | 13% |
