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ADVANCED ENERGY INDUSTRIES INC（AEIS）与Enphase Energy（ENPH）财务数据对比。点击上方公司名可切换其他公司
ADVANCED ENERGY INDUSTRIES INC的季度营收约是Enphase Energy的1.7倍（$489.4M vs $282.9M），ADVANCED ENERGY INDUSTRIES INC净利率更高（10.7% vs -2.6%，领先13.3%），ADVANCED ENERGY INDUSTRIES INC同比增速更快（17.8% vs -20.6%），Enphase Energy自由现金流更多（$83.0M vs $43.0M），过去两年ADVANCED ENERGY INDUSTRIES INC的营收复合增速更高（22.2% vs -3.4%）
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。
Enphase Energy是总部位于美国加利福尼亚州弗里蒙特的能源科技企业，成立于2006年，是全球首家成功实现光伏微型逆变器商业化的企业，主要面向住宅用户研发生产光伏微型逆变器、储能电池及电动汽车充电桩。
AEIS vs ENPH — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $282.9M |
| 净利润 | $52.3M | $-7.4M |
| 毛利率 | 38.6% | 35.5% |
| 营业利润率 | 11.6% | — |
| 净利率 | 10.7% | -2.6% |
| 营收同比 | 17.8% | -20.6% |
| 净利润同比 | 7.4% | -124.9% |
| 每股收益（稀释后） | $1.32 | $-0.06 |
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
| Q1 26 | — | $282.9M | ||
| Q4 25 | $489.4M | $343.3M | ||
| Q3 25 | $463.3M | $410.4M | ||
| Q2 25 | $441.5M | $363.2M | ||
| Q1 25 | $404.6M | $356.1M | ||
| Q4 24 | $415.4M | $382.7M | ||
| Q3 24 | $374.2M | $380.9M | ||
| Q2 24 | $364.9M | $303.5M |
| Q1 26 | — | $-7.4M | ||
| Q4 25 | $52.3M | $38.7M | ||
| Q3 25 | $46.2M | $66.6M | ||
| Q2 25 | $25.2M | $37.1M | ||
| Q1 25 | $24.7M | $29.7M | ||
| Q4 24 | $48.7M | $62.2M | ||
| Q3 24 | $-14.9M | $45.8M | ||
| Q2 24 | $15.0M | $10.8M |
| Q1 26 | — | 35.5% | ||
| Q4 25 | 38.6% | 44.3% | ||
| Q3 25 | 37.6% | 47.8% | ||
| Q2 25 | 37.0% | 46.9% | ||
| Q1 25 | 37.2% | 47.2% | ||
| Q4 24 | 37.2% | 51.8% | ||
| Q3 24 | 35.8% | 46.8% | ||
| Q2 24 | 35.0% | 45.2% |
| Q1 26 | — | — | ||
| Q4 25 | 11.6% | 6.5% | ||
| Q3 25 | 10.6% | 16.1% | ||
| Q2 25 | 7.2% | 10.2% | ||
| Q1 25 | 7.6% | 9.0% | ||
| Q4 24 | 8.2% | 14.3% | ||
| Q3 24 | -3.0% | 13.1% | ||
| Q2 24 | 3.6% | 0.6% |
| Q1 26 | — | -2.6% | ||
| Q4 25 | 10.7% | 11.3% | ||
| Q3 25 | 10.0% | 16.2% | ||
| Q2 25 | 5.7% | 10.2% | ||
| Q1 25 | 6.1% | 8.3% | ||
| Q4 24 | 11.7% | 16.2% | ||
| Q3 24 | -4.0% | 12.0% | ||
| Q2 24 | 4.1% | 3.6% |
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $1.32 | $0.29 | ||
| Q3 25 | $1.20 | $0.50 | ||
| Q2 25 | $0.67 | $0.28 | ||
| Q1 25 | $0.65 | $0.22 | ||
| Q4 24 | $1.29 | $0.46 | ||
| Q3 24 | $-0.40 | $0.33 | ||
| Q2 24 | $0.40 | $0.08 |
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 | $497.5M |
| 总债务越低越好 | $567.5M | — |
| 股东权益账面价值 | $1.4B | $1.1B |
| 总资产 | $2.5B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.42× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $497.5M | ||
| Q4 25 | $791.2M | $1.5B | ||
| Q3 25 | $758.6M | $1.5B | ||
| Q2 25 | $713.5M | $1.5B | ||
| Q1 25 | $723.0M | $1.5B | ||
| Q4 24 | $722.1M | $1.6B | ||
| Q3 24 | $657.3M | $1.8B | ||
| Q2 24 | $986.1M | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $567.5M | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $564.7M | $1.3B | ||
| Q3 24 | $564.0M | $1.3B | ||
| Q2 24 | $907.3M | $1.3B |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.3B | $995.0M | ||
| Q2 25 | $1.3B | $880.6M | ||
| Q1 25 | $1.2B | $810.7M | ||
| Q4 24 | $1.2B | $833.0M | ||
| Q3 24 | $1.2B | $931.4M | ||
| Q2 24 | $1.2B | $884.5M |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.5B | $3.5B | ||
| Q3 25 | $2.4B | $3.3B | ||
| Q2 25 | $2.4B | $3.2B | ||
| Q1 25 | $2.3B | $3.1B | ||
| Q4 24 | $2.3B | $3.2B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.5B | $3.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.42× | 1.11× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.37× | ||
| Q1 25 | — | 1.48× | ||
| Q4 24 | 0.47× | 1.56× | ||
| Q3 24 | 0.48× | 1.40× | ||
| Q2 24 | 0.78× | 1.47× |
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 | $102.9M |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $83.0M |
| 自由现金流率自由现金流/营收 | 8.8% | 29.3% |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | 1.54× | — |
| 过去12个月自由现金流最近4个季度 | $125.9M | $145.1M |
8季度趋势，按日历期对齐
| Q1 26 | — | $102.9M | ||
| Q4 25 | $80.5M | $47.6M | ||
| Q3 25 | $78.7M | $13.9M | ||
| Q2 25 | $45.2M | $26.6M | ||
| Q1 25 | $28.9M | $48.4M | ||
| Q4 24 | $82.7M | $167.3M | ||
| Q3 24 | $34.1M | $170.1M | ||
| Q2 24 | $6.7M | $127.1M |
| Q1 26 | — | $83.0M | ||
| Q4 25 | $43.0M | $37.8M | ||
| Q3 25 | $50.8M | $5.9M | ||
| Q2 25 | $17.1M | $18.4M | ||
| Q1 25 | $15.0M | $33.8M | ||
| Q4 24 | $69.9M | $159.2M | ||
| Q3 24 | $21.4M | $161.6M | ||
| Q2 24 | $-8.1M | $117.4M |
| Q1 26 | — | 29.3% | ||
| Q4 25 | 8.8% | 11.0% | ||
| Q3 25 | 11.0% | 1.4% | ||
| Q2 25 | 3.9% | 5.1% | ||
| Q1 25 | 3.7% | 9.5% | ||
| Q4 24 | 16.8% | 41.6% | ||
| Q3 24 | 5.7% | 42.4% | ||
| Q2 24 | -2.2% | 38.7% |
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | 2.8% | ||
| Q3 25 | 6.0% | 2.0% | ||
| Q2 25 | 6.4% | 2.3% | ||
| Q1 25 | 3.4% | 4.1% | ||
| Q4 24 | 3.1% | 2.1% | ||
| Q3 24 | 3.4% | 2.2% | ||
| Q2 24 | 4.0% | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.54× | 1.23× | ||
| Q3 25 | 1.70× | 0.21× | ||
| Q2 25 | 1.79× | 0.72× | ||
| Q1 25 | 1.17× | 1.63× | ||
| Q4 24 | 1.70× | 2.69× | ||
| Q3 24 | — | 3.72× | ||
| Q2 24 | 0.45× | 11.73× |
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% |
ENPH
暂无分部数据
