vs
ADVANCED ENERGY INDUSTRIES INC（AEIS）与VICOR CORP（VICR）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VICOR CORP的4.3倍（$489.4M vs $113.0M）。VICOR CORP净利率更高（18.3% vs 10.7%，领先7.6%）。VICOR CORP同比增速更快（20.2% vs 17.8%）。过去两年ADVANCED ENERGY INDUSTRIES INC的营收复合增速更高（22.2% vs 14.7%）
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。
Vicor Corporation是总部位于美国马萨诸塞州安多弗的电源模块专业制造商，深耕高性能电源模块的研发、生产与销售，可为多个行业客户提供高效可靠的电源解决方案，在全球电源技术领域具备较强的技术优势与市场竞争力。
AEIS vs VICR — 直观对比
营收规模更大
AEIS
是对方的4.3倍
$113.0M
营收增速更快
VICR
高出2.4%
17.8%
净利率更高
VICR
高出7.6%
10.7%
两年增速更快
AEIS
近两年复合增速
14.7%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $113.0M |
| 净利润 | $52.3M | $20.7M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 11.6% | — |
| 净利率 | 10.7% | 18.3% |
| 营收同比 | 17.8% | 20.2% |
| 净利润同比 | 7.4% | 713.9% |
| 每股收益（稀释后） | $1.32 | $0.44 |
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AEISVICR
| Q1 26 | — | $113.0M | ||
| Q4 25 | $489.4M | $107.3M | ||
| Q3 25 | $463.3M | $110.4M | ||
| Q2 25 | $441.5M | $96.0M | ||
| Q1 25 | $404.6M | $94.0M | ||
| Q4 24 | $415.4M | $96.2M | ||
| Q3 24 | $374.2M | $93.2M | ||
| Q2 24 | $364.9M | $85.9M |
净利润AEISVICR
| Q1 26 | — | $20.7M | ||
| Q4 25 | $52.3M | $46.5M | ||
| Q3 25 | $46.2M | $28.3M | ||
| Q2 25 | $25.2M | $41.2M | ||
| Q1 25 | $24.7M | $2.5M | ||
| Q4 24 | $48.7M | $10.2M | ||
| Q3 24 | $-14.9M | $11.6M | ||
| Q2 24 | $15.0M | $-1.2M |
毛利率AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | 38.6% | 55.4% | ||
| Q3 25 | 37.6% | 57.5% | ||
| Q2 25 | 37.0% | 95.9% | ||
| Q1 25 | 37.2% | 47.2% | ||
| Q4 24 | 37.2% | 52.4% | ||
| Q3 24 | 35.8% | 49.1% | ||
| Q2 24 | 35.0% | 49.8% |
营业利润率AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | 11.6% | 14.6% | ||
| Q3 25 | 10.6% | 18.9% | ||
| Q2 25 | 7.2% | 47.3% | ||
| Q1 25 | 7.6% | -0.2% | ||
| Q4 24 | 8.2% | 9.6% | ||
| Q3 24 | -3.0% | 5.8% | ||
| Q2 24 | 3.6% | 0.2% |
净利率AEISVICR
| Q1 26 | — | 18.3% | ||
| Q4 25 | 10.7% | 43.4% | ||
| Q3 25 | 10.0% | 25.6% | ||
| Q2 25 | 5.7% | 42.9% | ||
| Q1 25 | 6.1% | 2.7% | ||
| Q4 24 | 11.7% | 10.7% | ||
| Q3 24 | -4.0% | 12.4% | ||
| Q2 24 | 4.1% | -1.4% |
每股收益（稀释后）AEISVICR
| Q1 26 | — | $0.44 | ||
| Q4 25 | $1.32 | $1.01 | ||
| Q3 25 | $1.20 | $0.63 | ||
| Q2 25 | $0.67 | $0.91 | ||
| Q1 25 | $0.65 | $0.06 | ||
| Q4 24 | $1.29 | $0.24 | ||
| Q3 24 | $-0.40 | $0.26 | ||
| Q2 24 | $0.40 | $-0.03 |
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 | $404.2M |
| 总债务越低越好 | $567.5M | — |
| 股东权益账面价值 | $1.4B | $754.1M |
| 总资产 | $2.5B | $804.9M |
| 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AEISVICR
| Q1 26 | — | $404.2M | ||
| Q4 25 | $791.2M | $402.8M | ||
| Q3 25 | $758.6M | $362.4M | ||
| Q2 25 | $713.5M | $338.5M | ||
| Q1 25 | $723.0M | $296.1M | ||
| Q4 24 | $722.1M | $277.3M | ||
| Q3 24 | $657.3M | $267.6M | ||
| Q2 24 | $986.1M | $251.9M |
总债务AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | $567.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $564.7M | — | ||
| Q3 24 | $564.0M | — | ||
| Q2 24 | $907.3M | — |
股东权益AEISVICR
| Q1 26 | — | $754.1M | ||
| Q4 25 | $1.4B | $711.6M | ||
| Q3 25 | $1.3B | $630.1M | ||
| Q2 25 | $1.3B | $608.6M | ||
| Q1 25 | $1.2B | $580.3M | ||
| Q4 24 | $1.2B | $570.1M | ||
| Q3 24 | $1.2B | $554.6M | ||
| Q2 24 | $1.2B | $537.2M |
总资产AEISVICR
| Q1 26 | — | $804.9M | ||
| Q4 25 | $2.5B | $785.8M | ||
| Q3 25 | $2.4B | $710.2M | ||
| Q2 25 | $2.4B | $693.5M | ||
| Q1 25 | $2.3B | $665.0M | ||
| Q4 24 | $2.3B | $641.1M | ||
| Q3 24 | $2.2B | $632.8M | ||
| Q2 24 | $2.5B | $613.2M |
负债/权益比AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | 0.42× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.78× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $43.0M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | $80.5M | $15.7M | ||
| Q3 25 | $78.7M | $38.5M | ||
| Q2 25 | $45.2M | $65.2M | ||
| Q1 25 | $28.9M | $20.1M | ||
| Q4 24 | $82.7M | $10.1M | ||
| Q3 24 | $34.1M | $22.6M | ||
| Q2 24 | $6.7M | $15.6M |
自由现金流AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | $43.0M | $10.2M | ||
| Q3 25 | $50.8M | $34.5M | ||
| Q2 25 | $17.1M | $59.0M | ||
| Q1 25 | $15.0M | $15.6M | ||
| Q4 24 | $69.9M | $8.4M | ||
| Q3 24 | $21.4M | $14.1M | ||
| Q2 24 | $-8.1M | $9.4M |
自由现金流率AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 9.5% | ||
| Q3 25 | 11.0% | 31.2% | ||
| Q2 25 | 3.9% | 61.5% | ||
| Q1 25 | 3.7% | 16.6% | ||
| Q4 24 | 16.8% | 8.7% | ||
| Q3 24 | 5.7% | 15.2% | ||
| Q2 24 | -2.2% | 11.0% |
资本支出强度AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | 5.2% | ||
| Q3 25 | 6.0% | 3.6% | ||
| Q2 25 | 6.4% | 6.5% | ||
| Q1 25 | 3.4% | 4.8% | ||
| Q4 24 | 3.1% | 1.8% | ||
| Q3 24 | 3.4% | 9.1% | ||
| Q2 24 | 4.0% | 7.2% |
现金转化率AEISVICR
| Q1 26 | — | — | ||
| Q4 25 | 1.54× | 0.34× | ||
| Q3 25 | 1.70× | 1.36× | ||
| Q2 25 | 1.79× | 1.58× | ||
| Q1 25 | 1.17× | 7.93× | ||
| Q4 24 | 1.70× | 0.99× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | 0.45× | — |
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% |
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
