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亚德诺半导体（ADI）与Rocket Companies, Inc.（RKT）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Rocket Companies, Inc.的1.2倍（$3.2B vs $2.7B），亚德诺半导体净利率更高（26.3% vs 2.5%，领先23.8%），Rocket Companies, Inc.同比增速更快（52.2% vs 30.4%），亚德诺半导体自由现金流更多（$1.3B vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
ADI vs RKT — 直观对比
营收规模更大
ADI
是对方的1.2倍
$2.7B
营收增速更快
RKT
高出21.7%
30.4%
净利率更高
ADI
高出23.8%
2.5%
自由现金流更多
ADI
多$2.5B
$-1.3B
两年增速更快
RKT
近两年复合增速
21.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.7B |
| 净利润 | $830.8M | $68.0M |
| 毛利率 | 64.7% | — |
| 营业利润率 | 31.5% | 6.3% |
| 净利率 | 26.3% | 2.5% |
| 营收同比 | 30.4% | 52.2% |
| 净利润同比 | 112.3% | 100.8% |
| 每股收益（稀释后） | $1.69 | $0.10 |
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ADIRKT
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $2.7B | ||
| Q3 25 | $2.9B | $1.6B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.4B | $1.0B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.3B | $646.9M | ||
| Q2 24 | $2.2B | $1.3B |
净利润ADIRKT
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $68.0M | ||
| Q3 25 | $518.5M | $-123.9M | ||
| Q2 25 | $569.8M | $-1.8M | ||
| Q1 25 | $391.3M | $-10.4M | ||
| Q4 24 | $478.1M | $33.9M | ||
| Q3 24 | $392.2M | $-22.0M | ||
| Q2 24 | $302.2M | $1.3M |
毛利率ADIRKT
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | — | ||
| Q3 25 | 62.1% | — | ||
| Q2 25 | 61.0% | — | ||
| Q1 25 | 59.0% | — | ||
| Q4 24 | 58.0% | 58.9% | ||
| Q3 24 | 56.7% | -8.4% | ||
| Q2 24 | 54.7% | 47.4% |
营业利润率ADIRKT
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 6.3% | ||
| Q3 25 | 28.4% | -11.5% | ||
| Q2 25 | 25.7% | 1.8% | ||
| Q1 25 | 20.3% | -21.5% | ||
| Q4 24 | 23.3% | 38.1% | ||
| Q3 24 | 21.2% | -76.9% | ||
| Q2 24 | 17.9% | 14.8% |
净利率ADIRKT
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 2.5% | ||
| Q3 25 | 18.0% | -7.7% | ||
| Q2 25 | 21.6% | -0.1% | ||
| Q1 25 | 16.1% | -1.0% | ||
| Q4 24 | 19.6% | 1.9% | ||
| Q3 24 | 17.0% | -3.4% | ||
| Q2 24 | 14.0% | 0.1% |
每股收益（稀释后）ADIRKT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $0.10 | ||
| Q3 25 | $1.04 | $-0.06 | ||
| Q2 25 | $1.14 | $-0.01 | ||
| Q1 25 | $0.78 | $-0.08 | ||
| Q4 24 | $0.95 | $0.28 | ||
| Q3 24 | $0.79 | $-0.19 | ||
| Q2 24 | $0.61 | $0.01 |
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 | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.8B | $22.9B |
| 总资产 | $48.0B | $60.7B |
| 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ADIRKT
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $2.7B | ||
| Q3 25 | $2.3B | $5.8B | ||
| Q2 25 | $2.4B | $5.1B | ||
| Q1 25 | $2.3B | $1.4B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $2.4B | $1.3B |
股东权益ADIRKT
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $22.9B | ||
| Q3 25 | $34.1B | $8.9B | ||
| Q2 25 | $35.0B | $7.4B | ||
| Q1 25 | $35.1B | $8.6B | ||
| Q4 24 | $35.2B | $9.0B | ||
| Q3 24 | $35.2B | $8.4B | ||
| Q2 24 | $35.2B | $8.8B |
总资产ADIRKT
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $60.7B | ||
| Q3 25 | $48.2B | $33.6B | ||
| Q2 25 | $47.3B | $30.4B | ||
| Q1 25 | $48.0B | $25.3B | ||
| Q4 24 | $48.2B | $24.5B | ||
| Q3 24 | $48.6B | $25.1B | ||
| Q2 24 | $48.9B | $23.6B |
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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $-1.3B |
| 自由现金流率自由现金流/营收 | 39.8% | -47.2% |
| 资本支出强度资本支出/营收 | 3.5% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.65× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $-4.0B |
8季度趋势，按日历期对齐
经营现金流ADIRKT
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $-1.2B | ||
| Q3 25 | $1.2B | $-50.3M | ||
| Q2 25 | $819.5M | $-1.9B | ||
| Q1 25 | $1.1B | $-797.0M | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $855.0M | $-1.3B | ||
| Q2 24 | $807.9M | $-122.3M |
自由现金流ADIRKT
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $-1.3B | ||
| Q3 25 | $1.1B | $-71.8M | ||
| Q2 25 | $729.2M | $-1.9B | ||
| Q1 25 | $977.8M | $-811.0M | ||
| Q4 24 | $885.4M | $1.8B | ||
| Q3 24 | $701.1M | $-1.4B | ||
| Q2 24 | $619.7M | $-138.3M |
自由现金流率ADIRKT
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | -47.2% | ||
| Q3 25 | 37.7% | -4.5% | ||
| Q2 25 | 27.6% | -137.2% | ||
| Q1 25 | 40.4% | -78.2% | ||
| Q4 24 | 36.2% | 103.1% | ||
| Q3 24 | 30.3% | -209.6% | ||
| Q2 24 | 28.7% | -10.6% |
资本支出强度ADIRKT
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 1.5% | ||
| Q3 25 | 2.7% | 1.3% | ||
| Q2 25 | 3.4% | 1.1% | ||
| Q1 25 | 6.1% | 1.4% | ||
| Q4 24 | 6.8% | 1.1% | ||
| Q3 24 | 6.7% | 2.9% | ||
| Q2 24 | 8.7% | 1.2% |
现金转化率ADIRKT
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | -18.08× | ||
| Q3 25 | 2.25× | — | ||
| Q2 25 | 1.44× | — | ||
| Q1 25 | 2.88× | — | ||
| Q4 24 | 2.20× | 54.42× | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.67× | -94.46× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
