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亚德诺半导体（ADI）与CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）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CHECK POINT SOFTWARE TECHNOLOGIES LTD的1.6倍（$3.2B vs $2.0B）。CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs 26.3%，领先11.7%）。亚德诺半导体自由现金流更多（$1.3B vs $895.5M）
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。
Check Point软件技术有限公司是以色列知名网络安全企业，业务覆盖全球60余个国家，总部位于以色列特拉维夫，在美国加利福尼亚州红木城设有重要运营据点。公司为全球超过10万家机构提供安全防护，旗下拥有专业安全研究团队，同时是世界经济论坛的合作伙伴。
ADI vs CHKP — 直观对比
营收规模更大
ADI
是对方的1.6倍
$2.0B
净利率更高
CHKP
高出11.7%
26.3%
自由现金流更多
ADI
多$363.7M
$895.5M
损益表 — Q1 2026 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.0B |
| 净利润 | $830.8M | $752.4M |
| 毛利率 | 64.7% | 86.7% |
| 营业利润率 | 31.5% | 30.2% |
| 净利率 | 26.3% | 38.0% |
| 营收同比 | 30.4% | — |
| 净利润同比 | 112.3% | — |
| 每股收益（稀释后） | $1.69 | $6.81 |
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ADICHKP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $2.9B | $2.0B | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | — |
净利润ADICHKP
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | — | ||
| Q3 25 | $518.5M | $752.4M | ||
| Q2 25 | $569.8M | — | ||
| Q1 25 | $391.3M | — | ||
| Q4 24 | $478.1M | — | ||
| Q3 24 | $392.2M | — | ||
| Q2 24 | $302.2M | — |
毛利率ADICHKP
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | — | ||
| Q3 25 | 62.1% | 86.7% | ||
| Q2 25 | 61.0% | — | ||
| Q1 25 | 59.0% | — | ||
| Q4 24 | 58.0% | — | ||
| Q3 24 | 56.7% | — | ||
| Q2 24 | 54.7% | — |
营业利润率ADICHKP
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | — | ||
| Q3 25 | 28.4% | 30.2% | ||
| Q2 25 | 25.7% | — | ||
| Q1 25 | 20.3% | — | ||
| Q4 24 | 23.3% | — | ||
| Q3 24 | 21.2% | — | ||
| Q2 24 | 17.9% | — |
净利率ADICHKP
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | — | ||
| Q3 25 | 18.0% | 38.0% | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | 19.6% | — | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 14.0% | — |
每股收益（稀释后）ADICHKP
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | — | ||
| Q3 25 | $1.04 | $6.81 | ||
| Q2 25 | $1.14 | — | ||
| Q1 25 | $0.78 | — | ||
| Q4 24 | $0.95 | — | ||
| Q3 24 | $0.79 | — | ||
| Q2 24 | $0.61 | — |
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 | $619.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.8B | $3.1B |
| 总资产 | $48.0B | $5.7B |
| 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ADICHKP
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | — | ||
| Q3 25 | $2.3B | $619.9M | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.4B | — |
股东权益ADICHKP
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | — | ||
| Q3 25 | $34.1B | $3.1B | ||
| Q2 25 | $35.0B | — | ||
| Q1 25 | $35.1B | — | ||
| Q4 24 | $35.2B | — | ||
| Q3 24 | $35.2B | — | ||
| Q2 24 | $35.2B | — |
总资产ADICHKP
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | — | ||
| Q3 25 | $48.2B | $5.7B | ||
| Q2 25 | $47.3B | — | ||
| Q1 25 | $48.0B | — | ||
| Q4 24 | $48.2B | — | ||
| Q3 24 | $48.6B | — | ||
| Q2 24 | $48.9B | — |
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 | $914.9M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $895.5M |
| 自由现金流率自由现金流/营收 | 39.8% | 45.2% |
| 资本支出强度资本支出/营收 | 3.5% | 1.0% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $4.6B | — |
8季度趋势，按日历期对齐
经营现金流ADICHKP
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.2B | $914.9M | ||
| Q2 25 | $819.5M | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $855.0M | — | ||
| Q2 24 | $807.9M | — |
自由现金流ADICHKP
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.1B | $895.5M | ||
| Q2 25 | $729.2M | — | ||
| Q1 25 | $977.8M | — | ||
| Q4 24 | $885.4M | — | ||
| Q3 24 | $701.1M | — | ||
| Q2 24 | $619.7M | — |
自由现金流率ADICHKP
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | — | ||
| Q3 25 | 37.7% | 45.2% | ||
| Q2 25 | 27.6% | — | ||
| Q1 25 | 40.4% | — | ||
| Q4 24 | 36.2% | — | ||
| Q3 24 | 30.3% | — | ||
| Q2 24 | 28.7% | — |
资本支出强度ADICHKP
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | — | ||
| Q3 25 | 2.7% | 1.0% | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 8.7% | — |
现金转化率ADICHKP
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | — | ||
| Q3 25 | 2.25× | 1.22× | ||
| 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% |
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
