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亚德诺半导体（ADI）与Monolithic Power Systems（MPWR）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Monolithic Power Systems的4.2倍（$3.2B vs $751.2M），亚德诺半导体净利率更高（26.3% vs 22.9%，领先3.4%），亚德诺半导体同比增速更快（30.4% vs 20.8%），亚德诺半导体自由现金流更多（$1.3B vs $63.9M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% 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。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
ADI vs MPWR — 直观对比
营收规模更大
ADI
是对方的4.2倍
$751.2M
营收增速更快
ADI
高出9.6%
20.8%
净利率更高
ADI
高出3.4%
22.9%
自由现金流更多
ADI
多$1.2B
$63.9M
两年增速更快
MPWR
近两年复合增速
21.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $751.2M |
| 净利润 | $830.8M | $171.7M |
| 毛利率 | 64.7% | 55.2% |
| 营业利润率 | 31.5% | 26.6% |
| 净利率 | 26.3% | 22.9% |
| 营收同比 | 30.4% | 20.8% |
| 净利润同比 | 112.3% | -86.3% |
| 每股收益（稀释后） | $1.69 | $3.50 |
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ADIMPWR
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $751.2M | ||
| Q3 25 | $2.9B | $737.2M | ||
| Q2 25 | $2.6B | $664.6M | ||
| Q1 25 | $2.4B | $637.6M | ||
| Q4 24 | $2.4B | $621.7M | ||
| Q3 24 | $2.3B | $620.1M | ||
| Q2 24 | $2.2B | $507.4M |
净利润ADIMPWR
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $171.7M | ||
| Q3 25 | $518.5M | $179.8M | ||
| Q2 25 | $569.8M | $135.0M | ||
| Q1 25 | $391.3M | $135.1M | ||
| Q4 24 | $478.1M | $1.3B | ||
| Q3 24 | $392.2M | $144.4M | ||
| Q2 24 | $302.2M | $100.4M |
毛利率ADIMPWR
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 55.2% | ||
| Q3 25 | 62.1% | 55.1% | ||
| Q2 25 | 61.0% | 55.1% | ||
| Q1 25 | 59.0% | 55.4% | ||
| Q4 24 | 58.0% | 55.4% | ||
| Q3 24 | 56.7% | 55.4% | ||
| Q2 24 | 54.7% | 55.3% |
营业利润率ADIMPWR
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 26.6% | ||
| Q3 25 | 28.4% | 26.5% | ||
| Q2 25 | 25.7% | 24.8% | ||
| Q1 25 | 20.3% | 26.5% | ||
| Q4 24 | 23.3% | 26.3% | ||
| Q3 24 | 21.2% | 26.5% | ||
| Q2 24 | 17.9% | 23.0% |
净利率ADIMPWR
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 22.9% | ||
| Q3 25 | 18.0% | 24.4% | ||
| Q2 25 | 21.6% | 20.3% | ||
| Q1 25 | 16.1% | 21.2% | ||
| Q4 24 | 19.6% | 201.8% | ||
| Q3 24 | 17.0% | 23.3% | ||
| Q2 24 | 14.0% | 19.8% |
每股收益（稀释后）ADIMPWR
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $3.50 | ||
| Q3 25 | $1.04 | $3.74 | ||
| Q2 25 | $1.14 | $2.81 | ||
| Q1 25 | $0.78 | $2.81 | ||
| Q4 24 | $0.95 | $25.71 | ||
| Q3 24 | $0.79 | $2.95 | ||
| Q2 24 | $0.61 | $2.05 |
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 | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.8B | $3.5B |
| 总资产 | $48.0B | $4.2B |
| 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ADIMPWR
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $1.3B | ||
| Q3 25 | $2.3B | $1.3B | ||
| Q2 25 | $2.4B | $1.1B | ||
| Q1 25 | $2.3B | $1.0B | ||
| Q4 24 | $2.4B | $862.9M | ||
| Q3 24 | $2.1B | $1.5B | ||
| Q2 24 | $2.4B | $1.3B |
股东权益ADIMPWR
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $3.5B | ||
| Q3 25 | $34.1B | $3.4B | ||
| Q2 25 | $35.0B | $3.2B | ||
| Q1 25 | $35.1B | $3.1B | ||
| Q4 24 | $35.2B | $3.0B | ||
| Q3 24 | $35.2B | $2.4B | ||
| Q2 24 | $35.2B | $2.2B |
总资产ADIMPWR
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $4.2B | ||
| Q3 25 | $48.2B | $4.1B | ||
| Q2 25 | $47.3B | $3.9B | ||
| Q1 25 | $48.0B | $3.7B | ||
| Q4 24 | $48.2B | $3.5B | ||
| Q3 24 | $48.6B | $2.9B | ||
| Q2 24 | $48.9B | $2.6B |
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 | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $63.9M |
| 自由现金流率自由现金流/营收 | 39.8% | 8.5% |
| 资本支出强度资本支出/营收 | 3.5% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.61× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $666.2M |
8季度趋势，按日历期对齐
经营现金流ADIMPWR
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $104.9M | ||
| Q3 25 | $1.2B | $239.3M | ||
| Q2 25 | $819.5M | $237.6M | ||
| Q1 25 | $1.1B | $256.4M | ||
| Q4 24 | $1.1B | $167.7M | ||
| Q3 24 | $855.0M | $231.7M | ||
| Q2 24 | $807.9M | $141.0M |
自由现金流ADIMPWR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $63.9M | ||
| Q3 25 | $1.1B | $196.8M | ||
| Q2 25 | $729.2M | $189.5M | ||
| Q1 25 | $977.8M | $216.0M | ||
| Q4 24 | $885.4M | $102.9M | ||
| Q3 24 | $701.1M | $197.9M | ||
| Q2 24 | $619.7M | $109.5M |
自由现金流率ADIMPWR
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 8.5% | ||
| Q3 25 | 37.7% | 26.7% | ||
| Q2 25 | 27.6% | 28.5% | ||
| Q1 25 | 40.4% | 33.9% | ||
| Q4 24 | 36.2% | 16.5% | ||
| Q3 24 | 30.3% | 31.9% | ||
| Q2 24 | 28.7% | 21.6% |
资本支出强度ADIMPWR
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 5.5% | ||
| Q3 25 | 2.7% | 5.8% | ||
| Q2 25 | 3.4% | 7.2% | ||
| Q1 25 | 6.1% | 6.3% | ||
| Q4 24 | 6.8% | 10.4% | ||
| Q3 24 | 6.7% | 5.5% | ||
| Q2 24 | 8.7% | 6.2% |
现金转化率ADIMPWR
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | 0.61× | ||
| Q3 25 | 2.25× | 1.33× | ||
| Q2 25 | 1.44× | 1.76× | ||
| Q1 25 | 2.88× | 1.90× | ||
| Q4 24 | 2.20× | 0.13× | ||
| Q3 24 | 2.18× | 1.60× | ||
| Q2 24 | 2.67× | 1.40× |
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% |
MPWR
暂无分部数据
