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ADVANCED ENERGY INDUSTRIES INC（AEIS）与超威半导体（AMD）财务数据对比。点击上方公司名可切换其他公司
超威半导体的季度营收约是ADVANCED ENERGY INDUSTRIES INC的21.0倍（$10.3B vs $489.4M）。超威半导体净利率更高（14.7% vs 10.7%，领先4.0%）。超威半导体同比增速更快（34.1% vs 17.8%）。超威半导体自由现金流更多（$2.4B vs $43.0M）。过去两年超威半导体的营收复合增速更高（37.0% vs 22.2%）
Advanced Energy Industries是总部位于美国科罗拉多州丹佛市的跨国科技企业，专注研发精密电源转换、测量及控制技术，相关技术广泛应用于半导体、平板显示、数据存储、通信网络设备、工业涂层、医疗设备、太阳能电池、建筑玻璃等领域的生产制造环节。
超威半导体（AMD）是总部位于美国加利福尼亚州圣克拉拉的跨国半导体企业，专注研发生产面向数据中心、游戏、个人电脑、嵌入式系统的高性能CPU、GPU及自适应片上系统，旗下拥有锐龙、霄龙、镭龙、Instinct等核心产品线，2022年收购赛灵思后拓展了FPGA及自适应计算业务，直接与英特尔、英伟达展开竞争。
AEIS vs AMD — 直观对比
营收规模更大
AMD
是对方的21.0倍
$489.4M
营收增速更快
AMD
高出16.3%
17.8%
净利率更高
AMD
高出4.0%
10.7%
自由现金流更多
AMD
多$2.3B
$43.0M
两年增速更快
AMD
近两年复合增速
22.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $10.3B |
| 净利润 | $52.3M | $1.5B |
| 毛利率 | 38.6% | 54.3% |
| 营业利润率 | 11.6% | 17.1% |
| 净利率 | 10.7% | 14.7% |
| 营收同比 | 17.8% | 34.1% |
| 净利润同比 | 7.4% | 213.5% |
| 每股收益（稀释后） | $1.32 | $0.92 |
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AEISAMD
| Q4 25 | $489.4M | $10.3B | ||
| Q3 25 | $463.3M | $9.2B | ||
| Q2 25 | $441.5M | $7.7B | ||
| Q1 25 | $404.6M | $7.4B | ||
| Q4 24 | $415.4M | $7.7B | ||
| Q3 24 | $374.2M | $6.8B | ||
| Q2 24 | $364.9M | $5.8B | ||
| Q1 24 | $327.5M | $5.5B |
净利润AEISAMD
| Q4 25 | $52.3M | $1.5B | ||
| Q3 25 | $46.2M | $1.2B | ||
| Q2 25 | $25.2M | $872.0M | ||
| Q1 25 | $24.7M | $709.0M | ||
| Q4 24 | $48.7M | $482.0M | ||
| Q3 24 | $-14.9M | $771.0M | ||
| Q2 24 | $15.0M | $265.0M | ||
| Q1 24 | $5.4M | $123.0M |
毛利率AEISAMD
| Q4 25 | 38.6% | 54.3% | ||
| Q3 25 | 37.6% | 51.7% | ||
| Q2 25 | 37.0% | 39.8% | ||
| Q1 25 | 37.2% | 50.2% | ||
| Q4 24 | 37.2% | 50.7% | ||
| Q3 24 | 35.8% | 50.1% | ||
| Q2 24 | 35.0% | 49.1% | ||
| Q1 24 | 34.5% | 46.8% |
营业利润率AEISAMD
| Q4 25 | 11.6% | 17.1% | ||
| Q3 25 | 10.6% | 13.7% | ||
| Q2 25 | 7.2% | -1.7% | ||
| Q1 25 | 7.6% | 10.8% | ||
| Q4 24 | 8.2% | 11.4% | ||
| Q3 24 | -3.0% | 10.6% | ||
| Q2 24 | 3.6% | 4.6% | ||
| Q1 24 | 0.2% | 0.7% |
净利率AEISAMD
| Q4 25 | 10.7% | 14.7% | ||
| Q3 25 | 10.0% | 13.4% | ||
| Q2 25 | 5.7% | 11.3% | ||
| Q1 25 | 6.1% | 9.5% | ||
| Q4 24 | 11.7% | 6.3% | ||
| Q3 24 | -4.0% | 11.3% | ||
| Q2 24 | 4.1% | 4.5% | ||
| Q1 24 | 1.6% | 2.2% |
每股收益（稀释后）AEISAMD
| Q4 25 | $1.32 | $0.92 | ||
| Q3 25 | $1.20 | $0.75 | ||
| Q2 25 | $0.67 | $0.54 | ||
| Q1 25 | $0.65 | $0.44 | ||
| Q4 24 | $1.29 | $0.30 | ||
| Q3 24 | $-0.40 | $0.47 | ||
| Q2 24 | $0.40 | $0.16 | ||
| Q1 24 | $0.14 | $0.07 |
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 | $791.2M | $10.6B |
| 总债务越低越好 | $567.5M | — |
| 股东权益账面价值 | $1.4B | $63.0B |
| 总资产 | $2.5B | $76.9B |
| 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AEISAMD
| Q4 25 | $791.2M | $10.6B | ||
| Q3 25 | $758.6M | $7.2B | ||
| Q2 25 | $713.5M | $5.9B | ||
| Q1 25 | $723.0M | $7.3B | ||
| Q4 24 | $722.1M | $5.1B | ||
| Q3 24 | $657.3M | $4.5B | ||
| Q2 24 | $986.1M | $5.3B | ||
| Q1 24 | $1.0B | $6.0B |
总债务AEISAMD
| Q4 25 | $567.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $564.7M | — | ||
| Q3 24 | $564.0M | — | ||
| Q2 24 | $907.3M | — | ||
| Q1 24 | $911.5M | — |
股东权益AEISAMD
| Q4 25 | $1.4B | $63.0B | ||
| Q3 25 | $1.3B | $60.8B | ||
| Q2 25 | $1.3B | $59.7B | ||
| Q1 25 | $1.2B | $57.9B | ||
| Q4 24 | $1.2B | $57.6B | ||
| Q3 24 | $1.2B | $57.0B | ||
| Q2 24 | $1.2B | $56.5B | ||
| Q1 24 | $1.1B | $56.2B |
总资产AEISAMD
| Q4 25 | $2.5B | $76.9B | ||
| Q3 25 | $2.4B | $76.9B | ||
| Q2 25 | $2.4B | $74.8B | ||
| Q1 25 | $2.3B | $71.5B | ||
| Q4 24 | $2.3B | $69.2B | ||
| Q3 24 | $2.2B | $69.6B | ||
| Q2 24 | $2.5B | $67.9B | ||
| Q1 24 | $2.5B | $67.9B |
负债/权益比AEISAMD
| Q4 25 | 0.42× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 0.80× | — |
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 | $80.5M | $2.6B |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $2.4B |
| 自由现金流率自由现金流/营收 | 8.8% | 23.2% |
| 资本支出强度资本支出/营收 | 7.7% | 2.2% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.72× |
| 过去12个月自由现金流最近4个季度 | $125.9M | $6.7B |
8季度趋势，按日历期对齐
经营现金流AEISAMD
| Q4 25 | $80.5M | $2.6B | ||
| Q3 25 | $78.7M | $2.2B | ||
| Q2 25 | $45.2M | $2.0B | ||
| Q1 25 | $28.9M | $939.0M | ||
| Q4 24 | $82.7M | $1.3B | ||
| Q3 24 | $34.1M | $628.0M | ||
| Q2 24 | $6.7M | $593.0M | ||
| Q1 24 | $7.3M | $521.0M |
自由现金流AEISAMD
| Q4 25 | $43.0M | $2.4B | ||
| Q3 25 | $50.8M | $1.9B | ||
| Q2 25 | $17.1M | $1.7B | ||
| Q1 25 | $15.0M | $727.0M | ||
| Q4 24 | $69.9M | $1.1B | ||
| Q3 24 | $21.4M | $496.0M | ||
| Q2 24 | $-8.1M | $439.0M | ||
| Q1 24 | $-9.3M | $379.0M |
自由现金流率AEISAMD
| Q4 25 | 8.8% | 23.2% | ||
| Q3 25 | 11.0% | 20.6% | ||
| Q2 25 | 3.9% | 22.5% | ||
| Q1 25 | 3.7% | 9.8% | ||
| Q4 24 | 16.8% | 14.2% | ||
| Q3 24 | 5.7% | 7.3% | ||
| Q2 24 | -2.2% | 7.5% | ||
| Q1 24 | -2.9% | 6.9% |
资本支出强度AEISAMD
| Q4 25 | 7.7% | 2.2% | ||
| Q3 25 | 6.0% | 2.8% | ||
| Q2 25 | 6.4% | 3.7% | ||
| Q1 25 | 3.4% | 2.9% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 3.4% | 1.9% | ||
| Q2 24 | 4.0% | 2.6% | ||
| Q1 24 | 5.1% | 2.6% |
现金转化率AEISAMD
| Q4 25 | 1.54× | 1.72× | ||
| Q3 25 | 1.70× | 1.74× | ||
| Q2 25 | 1.79× | 2.31× | ||
| Q1 25 | 1.17× | 1.32× | ||
| Q4 24 | 1.70× | 2.70× | ||
| Q3 24 | — | 0.81× | ||
| Q2 24 | 0.45× | 2.24× | ||
| Q1 24 | 1.35× | 4.24× |
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
AEIS
| Semiconductor Equipment | $211.6M | 43% |
| Data Center Computing | $177.9M | 36% |
| Industrial And Medical | $78.2M | 16% |
| Telecom And Networking | $21.7M | 4% |
AMD
| Other | $5.4B | 52% |
| Client | $3.1B | 30% |
| Embedded | $950.0M | 9% |
| Gaming | $843.0M | 8% |
