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亚德诺半导体（ADI）与Qorvo, Inc.（QRVO）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Qorvo, Inc.的3.2倍（$3.2B vs $993.0M），亚德诺半导体净利率更高（26.3% vs 16.5%，领先9.8%），亚德诺半导体同比增速更快（30.4% vs 8.4%），亚德诺半导体自由现金流更多（$1.3B vs $236.9M），过去两年亚德诺半导体的营收复合增速更高（21.0% vs 2.7%）
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。
Qorvo是一家美国跨国企业，专注于无线、有线及电源市场相关产品的研发与供应。该公司由TriQuint半导体与RF Micro Devices合并而来，合并计划于2014年公布，2015年1月1日正式完成，在纳斯达克挂牌上市，股票代码QRVO，原实行双总部制，2016年中起将北卡罗来纳州基地作为总部所在地。
ADI vs QRVO — 直观对比
营收规模更大
ADI
是对方的3.2倍
$993.0M
营收增速更快
ADI
高出22.1%
8.4%
净利率更高
ADI
高出9.8%
16.5%
自由现金流更多
ADI
多$1.0B
$236.9M
两年增速更快
ADI
近两年复合增速
2.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $993.0M |
| 净利润 | $830.8M | $164.1M |
| 毛利率 | 64.7% | 46.7% |
| 营业利润率 | 31.5% | 19.4% |
| 净利率 | 26.3% | 16.5% |
| 营收同比 | 30.4% | 8.4% |
| 净利润同比 | 112.3% | 297.5% |
| 每股收益（稀释后） | $1.69 | $1.75 |
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ADIQRVO
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $993.0M | ||
| Q3 25 | $2.9B | $1.1B | ||
| Q2 25 | $2.6B | $818.8M | ||
| Q1 25 | $2.4B | $869.5M | ||
| Q4 24 | $2.4B | $916.3M | ||
| Q3 24 | $2.3B | $1.0B | ||
| Q2 24 | $2.2B | $886.7M |
净利润ADIQRVO
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $164.1M | ||
| Q3 25 | $518.5M | $119.6M | ||
| Q2 25 | $569.8M | $25.6M | ||
| Q1 25 | $391.3M | $31.4M | ||
| Q4 24 | $478.1M | $41.3M | ||
| Q3 24 | $392.2M | $-17.4M | ||
| Q2 24 | $302.2M | $414.0K |
毛利率ADIQRVO
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 46.7% | ||
| Q3 25 | 62.1% | 47.0% | ||
| Q2 25 | 61.0% | 40.5% | ||
| Q1 25 | 59.0% | 42.2% | ||
| Q4 24 | 58.0% | 42.7% | ||
| Q3 24 | 56.7% | 42.6% | ||
| Q2 24 | 54.7% | 37.5% |
营业利润率ADIQRVO
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 19.4% | ||
| Q3 25 | 28.4% | 14.9% | ||
| Q2 25 | 25.7% | 3.7% | ||
| Q1 25 | 20.3% | 3.2% | ||
| Q4 24 | 23.3% | 5.8% | ||
| Q3 24 | 21.2% | 0.9% | ||
| Q2 24 | 17.9% | 0.5% |
净利率ADIQRVO
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 16.5% | ||
| Q3 25 | 18.0% | 11.3% | ||
| Q2 25 | 21.6% | 3.1% | ||
| Q1 25 | 16.1% | 3.6% | ||
| Q4 24 | 19.6% | 4.5% | ||
| Q3 24 | 17.0% | -1.7% | ||
| Q2 24 | 14.0% | 0.0% |
每股收益（稀释后）ADIQRVO
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $1.75 | ||
| Q3 25 | $1.04 | $1.28 | ||
| Q2 25 | $1.14 | $0.27 | ||
| Q1 25 | $0.78 | $0.33 | ||
| Q4 24 | $0.95 | $0.43 | ||
| Q3 24 | $0.79 | $-0.18 | ||
| Q2 24 | $0.61 | $0.00 |
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 | — | $1.5B |
| 股东权益账面价值 | $33.8B | $3.7B |
| 总资产 | $48.0B | $6.2B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ADIQRVO
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $1.3B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $2.4B | $1.2B | ||
| Q1 25 | $2.3B | $1.0B | ||
| Q4 24 | $2.4B | $769.4M | ||
| Q3 24 | $2.1B | $1.1B | ||
| Q2 24 | $2.4B | $1.1B |
总债务ADIQRVO
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B |
股东权益ADIQRVO
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $3.7B | ||
| Q3 25 | $34.1B | $3.5B | ||
| Q2 25 | $35.0B | $3.4B | ||
| Q1 25 | $35.1B | $3.4B | ||
| Q4 24 | $35.2B | $3.4B | ||
| Q3 24 | $35.2B | $3.4B | ||
| Q2 24 | $35.2B | $3.5B |
总资产ADIQRVO
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $6.2B | ||
| Q3 25 | $48.2B | $6.1B | ||
| Q2 25 | $47.3B | $6.0B | ||
| Q1 25 | $48.0B | $5.9B | ||
| Q4 24 | $48.2B | $6.0B | ||
| Q3 24 | $48.6B | $6.5B | ||
| Q2 24 | $48.9B | $6.4B |
负债/权益比ADIQRVO
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | — | 0.45× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.45× | ||
| Q2 24 | — | 0.44× |
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 | $265.4M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $236.9M |
| 自由现金流率自由现金流/营收 | 39.8% | 23.9% |
| 资本支出强度资本支出/营收 | 3.5% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $595.2M |
8季度趋势，按日历期对齐
经营现金流ADIQRVO
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $265.4M | ||
| Q3 25 | $1.2B | $84.0M | ||
| Q2 25 | $819.5M | $182.9M | ||
| Q1 25 | $1.1B | $199.2M | ||
| Q4 24 | $1.1B | $214.1M | ||
| Q3 24 | $855.0M | $127.8M | ||
| Q2 24 | $807.9M | $81.1M |
自由现金流ADIQRVO
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $236.9M | ||
| Q3 25 | $1.1B | $42.2M | ||
| Q2 25 | $729.2M | $145.4M | ||
| Q1 25 | $977.8M | $170.7M | ||
| Q4 24 | $885.4M | $176.2M | ||
| Q3 24 | $701.1M | $94.8M | ||
| Q2 24 | $619.7M | $42.9M |
自由现金流率ADIQRVO
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 23.9% | ||
| Q3 25 | 37.7% | 4.0% | ||
| Q2 25 | 27.6% | 17.8% | ||
| Q1 25 | 40.4% | 19.6% | ||
| Q4 24 | 36.2% | 19.2% | ||
| Q3 24 | 30.3% | 9.1% | ||
| Q2 24 | 28.7% | 4.8% |
资本支出强度ADIQRVO
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 2.9% | ||
| Q3 25 | 2.7% | 3.9% | ||
| Q2 25 | 3.4% | 4.6% | ||
| Q1 25 | 6.1% | 3.3% | ||
| Q4 24 | 6.8% | 4.1% | ||
| Q3 24 | 6.7% | 3.2% | ||
| Q2 24 | 8.7% | 4.3% |
现金转化率ADIQRVO
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | 1.62× | ||
| Q3 25 | 2.25× | 0.70× | ||
| Q2 25 | 1.44× | 7.15× | ||
| Q1 25 | 2.88× | 6.35× | ||
| Q4 24 | 2.20× | 5.19× | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.67× | 195.86× |
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% |
QRVO
| ACG | $690.8M | 70% |
| HPA | $190.9M | 19% |
| CSG | $111.3M | 11% |
