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ADVANCED ENERGY INDUSTRIES INC（AEIS）与Varex Imaging Corp（VREX）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Varex Imaging Corp的2.3倍（$489.4M vs $209.6M）。ADVANCED ENERGY INDUSTRIES INC净利率更高（10.7% vs 1.1%，领先9.6%）。ADVANCED ENERGY INDUSTRIES INC同比增速更快（17.8% vs 4.9%）。ADVANCED ENERGY INDUSTRIES INC自由现金流更多（$43.0M vs $-26.8M）。过去两年ADVANCED ENERGY INDUSTRIES INC的营收复合增速更高（22.2% vs 0.8%）
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。
Varex Imaging是全球知名的影像组件及解决方案供应商，核心产品涵盖X射线管、数字平板探测器和图像处理软件，广泛应用于医疗诊断、放射肿瘤治疗及工业无损检测等领域，客户覆盖全球主要市场。
AEIS vs VREX — 直观对比
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $209.6M |
| 净利润 | $52.3M | $2.3M |
| 毛利率 | 38.6% | 33.3% |
| 营业利润率 | 11.6% | 7.3% |
| 净利率 | 10.7% | 1.1% |
| 营收同比 | 17.8% | 4.9% |
| 净利润同比 | 7.4% | 866.7% |
| 每股收益（稀释后） | $1.32 | $0.05 |
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 | — | $209.6M | ||
| Q4 25 | $489.4M | $228.9M | ||
| Q3 25 | $463.3M | $203.0M | ||
| Q2 25 | $441.5M | $212.9M | ||
| Q1 25 | $404.6M | $199.8M | ||
| Q4 24 | $415.4M | — | ||
| Q3 24 | $374.2M | $205.7M | ||
| Q2 24 | $364.9M | $209.1M |
| Q1 26 | — | $2.3M | ||
| Q4 25 | $52.3M | $12.2M | ||
| Q3 25 | $46.2M | $-89.1M | ||
| Q2 25 | $25.2M | $6.9M | ||
| Q1 25 | $24.7M | $-300.0K | ||
| Q4 24 | $48.7M | — | ||
| Q3 24 | $-14.9M | $-51.1M | ||
| Q2 24 | $15.0M | $1.4M |
| Q1 26 | — | 33.3% | ||
| Q4 25 | 38.6% | 34.0% | ||
| Q3 25 | 37.6% | 33.3% | ||
| Q2 25 | 37.0% | 36.0% | ||
| Q1 25 | 37.2% | 34.3% | ||
| Q4 24 | 37.2% | — | ||
| Q3 24 | 35.8% | 32.6% | ||
| Q2 24 | 35.0% | 32.0% |
| Q1 26 | — | 7.3% | ||
| Q4 25 | 11.6% | 8.6% | ||
| Q3 25 | 10.6% | -39.8% | ||
| Q2 25 | 7.2% | 10.4% | ||
| Q1 25 | 7.6% | 5.6% | ||
| Q4 24 | 8.2% | — | ||
| Q3 24 | -3.0% | 5.3% | ||
| Q2 24 | 3.6% | 4.4% |
| Q1 26 | — | 1.1% | ||
| Q4 25 | 10.7% | 5.3% | ||
| Q3 25 | 10.0% | -43.9% | ||
| Q2 25 | 5.7% | 3.2% | ||
| Q1 25 | 6.1% | -0.2% | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | -4.0% | -24.8% | ||
| Q2 24 | 4.1% | 0.7% |
| Q1 26 | — | $0.05 | ||
| Q4 25 | $1.32 | $0.29 | ||
| Q3 25 | $1.20 | $-2.15 | ||
| Q2 25 | $0.67 | $0.17 | ||
| Q1 25 | $0.65 | $-0.01 | ||
| Q4 24 | $1.29 | — | ||
| Q3 24 | $-0.40 | $-1.25 | ||
| 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 | $125.6M |
| 总债务越低越好 | $567.5M | $367.6M |
| 股东权益账面价值 | $1.4B | $476.9M |
| 总资产 | $2.5B | $1.1B |
| 负债/权益比越低杠杆越低 | 0.42× | 0.77× |
8季度趋势，按日历期对齐
| Q1 26 | — | $125.6M | ||
| Q4 25 | $791.2M | $155.1M | ||
| Q3 25 | $758.6M | $152.6M | ||
| Q2 25 | $713.5M | $223.0M | ||
| Q1 25 | $723.0M | $212.6M | ||
| Q4 24 | $722.1M | — | ||
| Q3 24 | $657.3M | $200.5M | ||
| Q2 24 | $986.1M | $190.0M |
| Q1 26 | — | $367.6M | ||
| Q4 25 | $567.5M | $367.5M | ||
| Q3 25 | — | $367.5M | ||
| Q2 25 | — | $567.2M | ||
| Q1 25 | — | $567.0M | ||
| Q4 24 | $564.7M | — | ||
| Q3 24 | $564.0M | $443.4M | ||
| Q2 24 | $907.3M | $443.1M |
| Q1 26 | — | $476.9M | ||
| Q4 25 | $1.4B | $472.6M | ||
| Q3 25 | $1.3B | $455.3M | ||
| Q2 25 | $1.3B | $549.7M | ||
| Q1 25 | $1.2B | $540.2M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | $529.1M | ||
| Q2 24 | $1.2B | $581.2M |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.5B | $1.1B | ||
| Q3 25 | $2.4B | $1.1B | ||
| Q2 25 | $2.4B | $1.4B | ||
| Q1 25 | $2.3B | $1.3B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.5B | $1.3B |
| Q1 26 | — | 0.77× | ||
| Q4 25 | 0.42× | 0.78× | ||
| Q3 25 | — | 0.81× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.48× | 0.84× | ||
| Q2 24 | 0.78× | 0.76× |
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 | $-16.1M |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $-26.8M |
| 自由现金流率自由现金流/营收 | 8.8% | -12.8% |
| 资本支出强度资本支出/营收 | 7.7% | 5.1% |
| 现金转化率经营现金流/净利润 | 1.54× | -7.00× |
| 过去12个月自由现金流最近4个季度 | $125.9M | $-13.3M |
8季度趋势，按日历期对齐
| Q1 26 | — | $-16.1M | ||
| Q4 25 | $80.5M | $7.9M | ||
| Q3 25 | $78.7M | $7.7M | ||
| Q2 25 | $45.2M | $16.6M | ||
| Q1 25 | $28.9M | $9.5M | ||
| Q4 24 | $82.7M | — | ||
| Q3 24 | $34.1M | $25.9M | ||
| Q2 24 | $6.7M | $8.0M |
| Q1 26 | — | $-26.8M | ||
| Q4 25 | $43.0M | $2.3M | ||
| Q3 25 | $50.8M | $1.4M | ||
| Q2 25 | $17.1M | $9.8M | ||
| Q1 25 | $15.0M | $5.3M | ||
| Q4 24 | $69.9M | — | ||
| Q3 24 | $21.4M | $19.9M | ||
| Q2 24 | $-8.1M | $3.3M |
| Q1 26 | — | -12.8% | ||
| Q4 25 | 8.8% | 1.0% | ||
| Q3 25 | 11.0% | 0.7% | ||
| Q2 25 | 3.9% | 4.6% | ||
| Q1 25 | 3.7% | 2.7% | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 5.7% | 9.7% | ||
| Q2 24 | -2.2% | 1.6% |
| Q1 26 | — | 5.1% | ||
| Q4 25 | 7.7% | 2.4% | ||
| Q3 25 | 6.0% | 3.1% | ||
| Q2 25 | 6.4% | 3.2% | ||
| Q1 25 | 3.4% | 2.1% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 3.4% | 2.9% | ||
| Q2 24 | 4.0% | 2.2% |
| Q1 26 | — | -7.00× | ||
| Q4 25 | 1.54× | 0.65× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.79× | 2.41× | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.45× | 5.71× |
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% |
VREX
| Medical Segment | $144.8M | 69% |
| Industrial Segment | $64.8M | 31% |
