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亚德诺半导体（ADI）与精工集团（CRDO）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精工集团的11.8倍（$3.2B vs $268.0M）。精工集团净利率更高（30.8% vs 26.3%，领先4.5%）。精工集团同比增速更快（272.1% vs 30.4%）。亚德诺半导体自由现金流更多（$1.3B vs $38.5M）。过去两年精工集团的营收复合增速更高（110.0% 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。
精工集团是由精工集团株式会社及其子公司、关联企业组成的企业集团。该集团原由精工控股株式会社、精工仪器株式会社和精工爱普生株式会社三家核心企业构成，三家企业均以钟表技术为核心联结。目前爱普生仍为精工集团开发生产腕表，但爱普生及其子公司已不属于精工集团旗下成员。
ADI vs CRDO — 直观对比
营收规模更大
ADI
是对方的11.8倍
$268.0M
营收增速更快
CRDO
高出241.7%
30.4%
净利率更高
CRDO
高出4.5%
26.3%
自由现金流更多
ADI
多$1.2B
$38.5M
两年增速更快
CRDO
近两年复合增速
21.0%
损益表 — Q1 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $268.0M |
| 净利润 | $830.8M | $82.6M |
| 毛利率 | 64.7% | 67.5% |
| 营业利润率 | 31.5% | 29.4% |
| 净利率 | 26.3% | 30.8% |
| 营收同比 | 30.4% | 272.1% |
| 净利润同比 | 112.3% | 2055.9% |
| 每股收益（稀释后） | $1.69 | $0.44 |
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ADICRDO
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $268.0M | ||
| Q3 25 | $2.9B | $223.1M | ||
| Q2 25 | $2.6B | $170.0M | ||
| Q1 25 | $2.4B | $135.0M | ||
| Q4 24 | $2.4B | $72.0M | ||
| Q3 24 | $2.3B | $59.7M | ||
| Q2 24 | $2.2B | $60.8M |
净利润ADICRDO
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $82.6M | ||
| Q3 25 | $518.5M | $63.4M | ||
| Q2 25 | $569.8M | $36.6M | ||
| Q1 25 | $391.3M | $29.4M | ||
| Q4 24 | $478.1M | $-4.2M | ||
| Q3 24 | $392.2M | $-9.5M | ||
| Q2 24 | $302.2M | $-10.5M |
毛利率ADICRDO
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 67.5% | ||
| Q3 25 | 62.1% | 67.4% | ||
| Q2 25 | 61.0% | 67.2% | ||
| Q1 25 | 59.0% | 63.6% | ||
| Q4 24 | 58.0% | 63.2% | ||
| Q3 24 | 56.7% | 62.4% | ||
| Q2 24 | 54.7% | 65.8% |
营业利润率ADICRDO
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 29.4% | ||
| Q3 25 | 28.4% | 27.2% | ||
| Q2 25 | 25.7% | 19.9% | ||
| Q1 25 | 20.3% | 19.4% | ||
| Q4 24 | 23.3% | -11.7% | ||
| Q3 24 | 21.2% | -24.2% | ||
| Q2 24 | 17.9% | -13.0% |
净利率ADICRDO
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 30.8% | ||
| Q3 25 | 18.0% | 28.4% | ||
| Q2 25 | 21.6% | 21.5% | ||
| Q1 25 | 16.1% | 21.7% | ||
| Q4 24 | 19.6% | -5.9% | ||
| Q3 24 | 17.0% | -16.0% | ||
| Q2 24 | 14.0% | -17.2% |
每股收益（稀释后）ADICRDO
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $0.44 | ||
| Q3 25 | $1.04 | $0.34 | ||
| Q2 25 | $1.14 | $0.22 | ||
| Q1 25 | $0.78 | $0.16 | ||
| Q4 24 | $0.95 | $-0.03 | ||
| Q3 24 | $0.79 | $-0.06 | ||
| Q2 24 | $0.61 | $-0.06 |
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 | $813.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.8B | $1.3B |
| 总资产 | $48.0B | $1.4B |
| 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ADICRDO
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $813.6M | ||
| Q3 25 | $2.3B | $479.6M | ||
| Q2 25 | $2.4B | $431.3M | ||
| Q1 25 | $2.3B | $379.2M | ||
| Q4 24 | $2.4B | $383.0M | ||
| Q3 24 | $2.1B | $398.6M | ||
| Q2 24 | $2.4B | $410.0M |
股东权益ADICRDO
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $1.3B | ||
| Q3 25 | $34.1B | $781.4M | ||
| Q2 25 | $35.0B | $681.6M | ||
| Q1 25 | $35.1B | $618.2M | ||
| Q4 24 | $35.2B | $567.9M | ||
| Q3 24 | $35.2B | $553.1M | ||
| Q2 24 | $35.2B | $540.2M |
总资产ADICRDO
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $1.4B | ||
| Q3 25 | $48.2B | $905.2M | ||
| Q2 25 | $47.3B | $809.3M | ||
| Q1 25 | $48.0B | $719.9M | ||
| Q4 24 | $48.2B | $638.6M | ||
| Q3 24 | $48.6B | $644.9M | ||
| Q2 24 | $48.9B | $601.9M |
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 | $61.7M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $38.5M |
| 自由现金流率自由现金流/营收 | 39.8% | 14.4% |
| 资本支出强度资本支出/营收 | 3.5% | 8.7% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.75× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $143.6M |
8季度趋势，按日历期对齐
经营现金流ADICRDO
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $61.7M | ||
| Q3 25 | $1.2B | $54.2M | ||
| Q2 25 | $819.5M | $57.8M | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $10.3M | ||
| Q3 24 | $855.0M | $-7.2M | ||
| Q2 24 | $807.9M | $4.2M |
自由现金流ADICRDO
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $38.5M | ||
| Q3 25 | $1.1B | $51.3M | ||
| Q2 25 | $729.2M | $54.2M | ||
| Q1 25 | $977.8M | — | ||
| Q4 24 | $885.4M | $-11.7M | ||
| Q3 24 | $701.1M | $-13.1M | ||
| Q2 24 | $619.7M | $962.0K |
自由现金流率ADICRDO
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 14.4% | ||
| Q3 25 | 37.7% | 23.0% | ||
| Q2 25 | 27.6% | 31.9% | ||
| Q1 25 | 40.4% | — | ||
| Q4 24 | 36.2% | -16.2% | ||
| Q3 24 | 30.3% | -21.9% | ||
| Q2 24 | 28.7% | 1.6% |
资本支出强度ADICRDO
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 8.7% | ||
| Q3 25 | 2.7% | 1.3% | ||
| Q2 25 | 3.4% | 2.1% | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 6.8% | 30.5% | ||
| Q3 24 | 6.7% | 9.8% | ||
| Q2 24 | 8.7% | 5.3% |
现金转化率ADICRDO
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | 0.75× | ||
| Q3 25 | 2.25× | 0.85× | ||
| Q2 25 | 1.44× | 1.58× | ||
| 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% |
CRDO
暂无分部数据
