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亚德诺半导体（ADI）与Cellebrite DI Ltd.（CLBT）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Cellebrite DI Ltd.的10.8倍（$3.2B vs $292.2M）。亚德诺半导体净利率更高（26.3% vs -103.5%，领先129.8%）。亚德诺半导体自由现金流更多（$1.3B vs $60.8M）。过去两年Cellebrite DI Ltd.的营收复合增速更高（72.8% 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。
Cellebrite DI Ltd.是一家总部位于以色列佩塔提克瓦的数字取证企业，为执法机构、企业及服务供应商提供数字数据的采集、审阅、分析与管理工具，旗下核心产品系列为Cellebrite UFED。
ADI vs CLBT — 直观对比
营收规模更大
ADI
是对方的10.8倍
$292.2M
净利率更高
ADI
高出129.8%
-103.5%
自由现金流更多
ADI
多$1.2B
$60.8M
两年增速更快
CLBT
近两年复合增速
21.0%
损益表 — Q1 2026 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $292.2M |
| 净利润 | $830.8M | $-302.3M |
| 毛利率 | 64.7% | 84.6% |
| 营业利润率 | 31.5% | 14.1% |
| 净利率 | 26.3% | -103.5% |
| 营收同比 | 30.4% | — |
| 净利润同比 | 112.3% | — |
| 每股收益（稀释后） | $1.69 | $-1.50 |
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ADICLBT
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $2.9B | $292.2M | ||
| Q2 25 | $2.6B | $220.8M | ||
| Q1 25 | $2.4B | $89.6M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.3B | $232.1M | ||
| Q2 24 | $2.2B | $185.3M |
净利润ADICLBT
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | — | ||
| Q3 25 | $518.5M | $-302.3M | ||
| Q2 25 | $569.8M | $36.9M | ||
| Q1 25 | $391.3M | $-71.4M | ||
| Q4 24 | $478.1M | — | ||
| Q3 24 | $392.2M | — | ||
| Q2 24 | $302.2M | $-95.2M |
毛利率ADICLBT
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | — | ||
| Q3 25 | 62.1% | 84.6% | ||
| Q2 25 | 61.0% | 84.1% | ||
| Q1 25 | 59.0% | 85.2% | ||
| Q4 24 | 58.0% | — | ||
| Q3 24 | 56.7% | 83.5% | ||
| Q2 24 | 54.7% | 84.1% |
营业利润率ADICLBT
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | — | ||
| Q3 25 | 28.4% | 14.1% | ||
| Q2 25 | 25.7% | 12.1% | ||
| Q1 25 | 20.3% | 10.3% | ||
| Q4 24 | 23.3% | — | ||
| Q3 24 | 21.2% | 7.9% | ||
| Q2 24 | 17.9% | 11.7% |
净利率ADICLBT
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | — | ||
| Q3 25 | 18.0% | -103.5% | ||
| Q2 25 | 21.6% | 16.7% | ||
| Q1 25 | 16.1% | -79.7% | ||
| Q4 24 | 19.6% | — | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 14.0% | -51.4% |
每股收益（稀释后）ADICLBT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | — | ||
| Q3 25 | $1.04 | $-1.50 | ||
| Q2 25 | $1.14 | $0.15 | ||
| Q1 25 | $0.78 | $-0.36 | ||
| Q4 24 | $0.95 | — | ||
| Q3 24 | $0.79 | $-0.35 | ||
| Q2 24 | $0.61 | $-0.48 |
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 | $191.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.8B | $336.0M |
| 总资产 | $48.0B | $690.6M |
| 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ADICLBT
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | — | ||
| Q3 25 | $2.3B | $191.7M | ||
| Q2 25 | $2.4B | $326.1M | ||
| Q1 25 | $2.3B | $191.7M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.1B | $189.5M | ||
| Q2 24 | $2.4B | $178.6M |
股东权益ADICLBT
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | — | ||
| Q3 25 | $34.1B | $336.0M | ||
| Q2 25 | $35.0B | $408.4M | ||
| Q1 25 | $35.1B | $336.0M | ||
| Q4 24 | $35.2B | — | ||
| Q3 24 | $35.2B | $34.2M | ||
| Q2 24 | $35.2B | $-40.2M |
总资产ADICLBT
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | — | ||
| Q3 25 | $48.2B | $690.6M | ||
| Q2 25 | $47.3B | $787.4M | ||
| Q1 25 | $48.0B | $690.6M | ||
| Q4 24 | $48.2B | — | ||
| Q3 24 | $48.6B | $532.9M | ||
| Q2 24 | $48.9B | $556.6M |
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 | $66.2M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $60.8M |
| 自由现金流率自由现金流/营收 | 39.8% | 20.8% |
| 资本支出强度资本支出/营收 | 3.5% | 1.8% |
| 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 | $172.1M |
8季度趋势，按日历期对齐
经营现金流ADICLBT
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.2B | $66.2M | ||
| Q2 25 | $819.5M | $53.5M | ||
| Q1 25 | $1.1B | $10.0M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $855.0M | $58.2M | ||
| Q2 24 | $807.9M | $24.6M |
自由现金流ADICLBT
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.1B | $60.8M | ||
| Q2 25 | $729.2M | $47.5M | ||
| Q1 25 | $977.8M | $8.5M | ||
| Q4 24 | $885.4M | — | ||
| Q3 24 | $701.1M | $55.3M | ||
| Q2 24 | $619.7M | $21.0M |
自由现金流率ADICLBT
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | — | ||
| Q3 25 | 37.7% | 20.8% | ||
| Q2 25 | 27.6% | 21.5% | ||
| Q1 25 | 40.4% | 9.5% | ||
| Q4 24 | 36.2% | — | ||
| Q3 24 | 30.3% | 23.8% | ||
| Q2 24 | 28.7% | 11.3% |
资本支出强度ADICLBT
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | — | ||
| Q3 25 | 2.7% | 1.8% | ||
| Q2 25 | 3.4% | 2.7% | ||
| Q1 25 | 6.1% | 1.7% | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 6.7% | 1.3% | ||
| Q2 24 | 8.7% | 1.9% |
现金转化率ADICLBT
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | — | ||
| Q3 25 | 2.25× | — | ||
| Q2 25 | 1.44× | 1.45× | ||
| 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% |
CLBT
| Subscription services | $197.2M | 67% |
| Term-license | $60.8M | 21% |
| Professional services | $23.2M | 8% |
| Other non-recurring | $11.0M | 4% |
