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爱齐科技（ALGN）与美满电子科技（MRVL）财务数据对比。点击上方公司名可切换其他公司
美满电子科技的季度营收约是爱齐科技的2.0倍（$2.1B vs $1.0B），美满电子科技净利率更高（91.7% vs 13.0%，领先78.7%），美满电子科技同比增速更快（36.8% vs 5.3%），美满电子科技自由现金流更多（$508.8M vs $187.3M），过去两年美满电子科技的营收复合增速更高（20.6% vs 2.5%）
爱齐科技是一家全球知名医疗设备企业，主营设计、生产及销售隐适美透明矫治器、iTero口内扫描仪及配套服务，客户覆盖正畸医师、全科牙医，面向修复、美容牙科领域，业务分为透明矫治器、扫描仪及服务两大板块，可满足青少年等不同群体的正畸需求
美满电子科技是总部位于美国加利福尼亚州圣克拉拉的半导体企业，成立于1995年，专注于半导体及相关技术的研发与生产。截至2024年，公司全球员工超6500人，持有全球专利超1万项，2024财年总营收达55亿美元。
ALGN vs MRVL — 直观对比
营收规模更大
MRVL
是对方的2.0倍
$1.0B
营收增速更快
MRVL
高出31.6%
5.3%
净利率更高
MRVL
高出78.7%
13.0%
自由现金流更多
MRVL
多$321.5M
$187.3M
两年增速更快
MRVL
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $2.1B |
| 净利润 | $135.8M | $1.9B |
| 毛利率 | 65.3% | 51.6% |
| 营业利润率 | 14.8% | 17.2% |
| 净利率 | 13.0% | 91.7% |
| 营收同比 | 5.3% | 36.8% |
| 净利润同比 | 30.8% | 381.1% |
| 每股收益（稀释后） | $1.88 | $2.20 |
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ALGNMRVL
| Q4 25 | $1.0B | $2.1B | ||
| Q3 25 | $995.7M | $2.0B | ||
| Q2 25 | $1.0B | $1.9B | ||
| Q1 25 | $979.3M | $1.8B | ||
| Q4 24 | $995.2M | $1.5B | ||
| Q3 24 | $977.9M | $1.3B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $997.4M | $1.4B |
净利润ALGNMRVL
| Q4 25 | $135.8M | $1.9B | ||
| Q3 25 | $56.8M | $194.8M | ||
| Q2 25 | $124.6M | $177.9M | ||
| Q1 25 | $93.2M | $200.2M | ||
| Q4 24 | $103.8M | $-676.3M | ||
| Q3 24 | $116.0M | $-193.3M | ||
| Q2 24 | $96.6M | $-215.6M | ||
| Q1 24 | $105.0M | $-392.7M |
毛利率ALGNMRVL
| Q4 25 | 65.3% | 51.6% | ||
| Q3 25 | 64.2% | 50.4% | ||
| Q2 25 | 69.9% | 50.3% | ||
| Q1 25 | 69.5% | 50.5% | ||
| Q4 24 | 70.0% | 23.0% | ||
| Q3 24 | 69.7% | 46.2% | ||
| Q2 24 | 70.3% | 45.5% | ||
| Q1 24 | 70.0% | 46.6% |
营业利润率ALGNMRVL
| Q4 25 | 14.8% | 17.2% | ||
| Q3 25 | 9.7% | 14.5% | ||
| Q2 25 | 16.1% | 14.3% | ||
| Q1 25 | 13.4% | 12.9% | ||
| Q4 24 | 14.5% | -46.4% | ||
| Q3 24 | 16.6% | -7.9% | ||
| Q2 24 | 14.3% | -13.1% | ||
| Q1 24 | 15.5% | -2.3% |
净利率ALGNMRVL
| Q4 25 | 13.0% | 91.7% | ||
| Q3 25 | 5.7% | 9.7% | ||
| Q2 25 | 12.3% | 9.4% | ||
| Q1 25 | 9.5% | 11.0% | ||
| Q4 24 | 10.4% | -44.6% | ||
| Q3 24 | 11.9% | -15.2% | ||
| Q2 24 | 9.4% | -18.6% | ||
| Q1 24 | 10.5% | -27.5% |
每股收益（稀释后）ALGNMRVL
| Q4 25 | $1.88 | $2.20 | ||
| Q3 25 | $0.78 | $0.22 | ||
| Q2 25 | $1.72 | $0.20 | ||
| Q1 25 | $1.27 | $0.23 | ||
| Q4 24 | $1.40 | $-0.78 | ||
| Q3 24 | $1.55 | $-0.22 | ||
| Q2 24 | $1.28 | $-0.25 | ||
| Q1 24 | $1.39 | $-0.45 |
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 | $1.1B | $2.7B |
| 总债务越低越好 | — | $4.5B |
| 股东权益账面价值 | $4.0B | $14.1B |
| 总资产 | $6.2B | $21.6B |
| 负债/权益比越低杠杆越低 | — | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资ALGNMRVL
| Q4 25 | $1.1B | $2.7B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $901.2M | $885.9M | ||
| Q1 25 | $873.0M | $948.3M | ||
| Q4 24 | $1.0B | $868.1M | ||
| Q3 24 | $1.0B | $808.7M | ||
| Q2 24 | $761.4M | $847.7M | ||
| Q1 24 | $865.8M | $950.8M |
总债务ALGNMRVL
| Q4 25 | — | $4.5B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益ALGNMRVL
| Q4 25 | $4.0B | $14.1B | ||
| Q3 25 | $4.0B | $13.4B | ||
| Q2 25 | $3.9B | $13.3B | ||
| Q1 25 | $3.8B | $13.4B | ||
| Q4 24 | $3.9B | $13.4B | ||
| Q3 24 | $3.9B | $14.2B | ||
| Q2 24 | $3.8B | $14.5B | ||
| Q1 24 | $3.8B | $14.8B |
总资产ALGNMRVL
| Q4 25 | $6.2B | $21.6B | ||
| Q3 25 | $6.2B | $20.6B | ||
| Q2 25 | $6.2B | $20.0B | ||
| Q1 25 | $6.1B | $20.2B | ||
| Q4 24 | $6.2B | $19.7B | ||
| Q3 24 | $6.4B | $20.3B | ||
| Q2 24 | $6.2B | $20.5B | ||
| Q1 24 | $6.2B | $21.2B |
负债/权益比ALGNMRVL
| Q4 25 | — | 0.32× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 0.31× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.28× |
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 | $223.2M | $582.3M |
| 自由现金流经营现金流 - 资本支出 | $187.3M | $508.8M |
| 自由现金流率自由现金流/营收 | 17.9% | 24.5% |
| 资本支出强度资本支出/营收 | 3.4% | 3.5% |
| 现金转化率经营现金流/净利润 | 1.64× | 0.31× |
| 过去12个月自由现金流最近4个季度 | $490.8M | $1.6B |
8季度趋势，按日历期对齐
经营现金流ALGNMRVL
| Q4 25 | $223.2M | $582.3M | ||
| Q3 25 | $188.7M | $461.6M | ||
| Q2 25 | $128.7M | $332.9M | ||
| Q1 25 | $52.7M | $514.0M | ||
| Q4 24 | $286.1M | $536.3M | ||
| Q3 24 | $263.7M | $306.4M | ||
| Q2 24 | $159.8M | $324.5M | ||
| Q1 24 | $28.7M | $546.6M |
自由现金流ALGNMRVL
| Q4 25 | $187.3M | $508.8M | ||
| Q3 25 | $169.0M | $414.1M | ||
| Q2 25 | $107.2M | $214.1M | ||
| Q1 25 | $27.4M | $444.1M | ||
| Q4 24 | $263.1M | $461.3M | ||
| Q3 24 | $233.9M | $258.2M | ||
| Q2 24 | $106.4M | $233.0M | ||
| Q1 24 | $19.3M | $475.6M |
自由现金流率ALGNMRVL
| Q4 25 | 17.9% | 24.5% | ||
| Q3 25 | 17.0% | 20.6% | ||
| Q2 25 | 10.6% | 11.3% | ||
| Q1 25 | 2.8% | 24.4% | ||
| Q4 24 | 26.4% | 30.4% | ||
| Q3 24 | 23.9% | 20.3% | ||
| Q2 24 | 10.3% | 20.1% | ||
| Q1 24 | 1.9% | 33.3% |
资本支出强度ALGNMRVL
| Q4 25 | 3.4% | 3.5% | ||
| Q3 25 | 2.0% | 2.4% | ||
| Q2 25 | 2.1% | 6.3% | ||
| Q1 25 | 2.6% | 3.8% | ||
| Q4 24 | 2.3% | 4.9% | ||
| Q3 24 | 3.0% | 3.8% | ||
| Q2 24 | 5.2% | 7.9% | ||
| Q1 24 | 0.9% | 5.0% |
现金转化率ALGNMRVL
| Q4 25 | 1.64× | 0.31× | ||
| Q3 25 | 3.33× | 2.37× | ||
| Q2 25 | 1.03× | 1.87× | ||
| Q1 25 | 0.57× | 2.57× | ||
| Q4 24 | 2.76× | — | ||
| Q3 24 | 2.27× | — | ||
| Q2 24 | 1.66× | — | ||
| Q1 24 | 0.27× | — |
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
ALGN
| Systems And Services | $789.6M | 75% |
| Other | $258.0M | 25% |
MRVL
暂无分部数据
