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ADVANCED ENERGY INDUSTRIES INC（AEIS）与IMPINJ INC（PI）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IMPINJ INC的5.3倍（$489.4M vs $92.8M）。ADVANCED ENERGY INDUSTRIES INC净利率更高（10.7% vs -1.2%，领先11.9%）。ADVANCED ENERGY INDUSTRIES INC同比增速更快（17.8% vs 1.4%）。ADVANCED ENERGY INDUSTRIES INC自由现金流更多（$43.0M vs $13.6M）。过去两年ADVANCED ENERGY INDUSTRIES INC的营收复合增速更高（22.2% vs 9.9%）
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。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
AEIS vs PI — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $92.8M |
| 净利润 | $52.3M | $-1.1M |
| 毛利率 | 38.6% | 51.8% |
| 营业利润率 | 11.6% | -2.9% |
| 净利率 | 10.7% | -1.2% |
| 营收同比 | 17.8% | 1.4% |
| 净利润同比 | 7.4% | 57.7% |
| 每股收益（稀释后） | $1.32 | $-0.02 |
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
| Q4 25 | $489.4M | $92.8M | ||
| Q3 25 | $463.3M | $96.1M | ||
| Q2 25 | $441.5M | $97.9M | ||
| Q1 25 | $404.6M | $74.3M | ||
| Q4 24 | $415.4M | $91.6M | ||
| Q3 24 | $374.2M | $95.2M | ||
| Q2 24 | $364.9M | $102.5M | ||
| Q1 24 | $327.5M | $76.8M |
| Q4 25 | $52.3M | $-1.1M | ||
| Q3 25 | $46.2M | $-12.8M | ||
| Q2 25 | $25.2M | $11.6M | ||
| Q1 25 | $24.7M | $-8.5M | ||
| Q4 24 | $48.7M | $-2.7M | ||
| Q3 24 | $-14.9M | $221.0K | ||
| Q2 24 | $15.0M | $10.0M | ||
| Q1 24 | $5.4M | $33.3M |
| Q4 25 | 38.6% | 51.8% | ||
| Q3 25 | 37.6% | 50.3% | ||
| Q2 25 | 37.0% | 57.8% | ||
| Q1 25 | 37.2% | 49.4% | ||
| Q4 24 | 37.2% | 50.5% | ||
| Q3 24 | 35.8% | 50.0% | ||
| Q2 24 | 35.0% | 56.1% | ||
| Q1 24 | 34.5% | 48.9% |
| Q4 25 | 11.6% | -2.9% | ||
| Q3 25 | 10.6% | 0.7% | ||
| Q2 25 | 7.2% | 11.1% | ||
| Q1 25 | 7.6% | -12.9% | ||
| Q4 24 | 8.2% | -3.9% | ||
| Q3 24 | -3.0% | -0.8% | ||
| Q2 24 | 3.6% | 8.8% | ||
| Q1 24 | 0.2% | -15.3% |
| Q4 25 | 10.7% | -1.2% | ||
| Q3 25 | 10.0% | -13.3% | ||
| Q2 25 | 5.7% | 11.8% | ||
| Q1 25 | 6.1% | -11.4% | ||
| Q4 24 | 11.7% | -2.9% | ||
| Q3 24 | -4.0% | 0.2% | ||
| Q2 24 | 4.1% | 9.7% | ||
| Q1 24 | 1.6% | 43.4% |
| Q4 25 | $1.32 | $-0.02 | ||
| Q3 25 | $1.20 | $-0.44 | ||
| Q2 25 | $0.67 | $0.39 | ||
| Q1 25 | $0.65 | $-0.30 | ||
| Q4 24 | $1.29 | $-0.06 | ||
| Q3 24 | $-0.40 | $0.01 | ||
| Q2 24 | $0.40 | $0.34 | ||
| Q1 24 | $0.14 | $1.10 |
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 | $175.3M |
| 总债务越低越好 | $567.5M | $280.9M |
| 股东权益账面价值 | $1.4B | $209.2M |
| 总资产 | $2.5B | $545.2M |
| 负债/权益比越低杠杆越低 | 0.42× | 1.34× |
8季度趋势，按日历期对齐
| Q4 25 | $791.2M | $175.3M | ||
| Q3 25 | $758.6M | $190.1M | ||
| Q2 25 | $713.5M | $193.2M | ||
| Q1 25 | $723.0M | $147.9M | ||
| Q4 24 | $722.1M | $164.7M | ||
| Q3 24 | $657.3M | $170.3M | ||
| Q2 24 | $986.1M | $220.2M | ||
| Q1 24 | $1.0B | $174.1M |
| Q4 25 | $567.5M | $280.9M | ||
| Q3 25 | — | $280.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $564.7M | $283.5M | ||
| Q3 24 | $564.0M | — | ||
| Q2 24 | $907.3M | — | ||
| Q1 24 | $911.5M | — |
| Q4 25 | $1.4B | $209.2M | ||
| Q3 25 | $1.3B | $195.0M | ||
| Q2 25 | $1.3B | $187.7M | ||
| Q1 25 | $1.2B | $160.6M | ||
| Q4 24 | $1.2B | $149.9M | ||
| Q3 24 | $1.2B | $136.1M | ||
| Q2 24 | $1.2B | $117.0M | ||
| Q1 24 | $1.1B | $85.9M |
| Q4 25 | $2.5B | $545.2M | ||
| Q3 25 | $2.4B | $516.5M | ||
| Q2 25 | $2.4B | $508.8M | ||
| Q1 25 | $2.3B | $479.8M | ||
| Q4 24 | $2.3B | $489.1M | ||
| Q3 24 | $2.2B | $476.4M | ||
| Q2 24 | $2.5B | $446.1M | ||
| Q1 24 | $2.5B | $413.9M |
| Q4 25 | 0.42× | 1.34× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | 1.89× | ||
| 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 | $15.1M |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $13.6M |
| 自由现金流率自由现金流/营收 | 8.8% | 14.7% |
| 资本支出强度资本支出/营收 | 7.7% | 1.6% |
| 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 | $45.9M |
8季度趋势，按日历期对齐
| Q4 25 | $80.5M | $15.1M | ||
| Q3 25 | $78.7M | $20.9M | ||
| Q2 25 | $45.2M | $33.9M | ||
| Q1 25 | $28.9M | $-11.1M | ||
| Q4 24 | $82.7M | $12.6M | ||
| Q3 24 | $34.1M | $10.1M | ||
| Q2 24 | $6.7M | $45.5M | ||
| Q1 24 | $7.3M | $60.1M |
| Q4 25 | $43.0M | $13.6M | ||
| Q3 25 | $50.8M | $18.0M | ||
| Q2 25 | $17.1M | $27.3M | ||
| Q1 25 | $15.0M | $-13.0M | ||
| Q4 24 | $69.9M | $8.5M | ||
| Q3 24 | $21.4M | $4.7M | ||
| Q2 24 | $-8.1M | $44.1M | ||
| Q1 24 | $-9.3M | $53.9M |
| Q4 25 | 8.8% | 14.7% | ||
| Q3 25 | 11.0% | 18.7% | ||
| Q2 25 | 3.9% | 27.9% | ||
| Q1 25 | 3.7% | -17.5% | ||
| Q4 24 | 16.8% | 9.3% | ||
| Q3 24 | 5.7% | 4.9% | ||
| Q2 24 | -2.2% | 43.0% | ||
| Q1 24 | -2.9% | 70.2% |
| Q4 25 | 7.7% | 1.6% | ||
| Q3 25 | 6.0% | 3.1% | ||
| Q2 25 | 6.4% | 6.7% | ||
| Q1 25 | 3.4% | 2.5% | ||
| Q4 24 | 3.1% | 4.5% | ||
| Q3 24 | 3.4% | 5.7% | ||
| Q2 24 | 4.0% | 1.3% | ||
| Q1 24 | 5.1% | 8.1% |
| Q4 25 | 1.54× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.79× | 2.93× | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | — | 45.56× | ||
| Q2 24 | 0.45× | 4.56× | ||
| Q1 24 | 1.35× | 1.80× |
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% |
PI
| Endpoint I Cs | $75.2M | 81% |
| Systems | $17.7M | 19% |
