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应用材料（AMAT）与Cellebrite DI Ltd.（CLBT）财务数据对比。点击上方公司名可切换其他公司
应用材料的季度营收约是Cellebrite DI Ltd.的23.3倍（$6.8B vs $292.2M）。应用材料净利率更高（27.9% vs -103.5%，领先131.4%）。应用材料自由现金流更多（$2.0B vs $60.8M）。过去两年Cellebrite DI Ltd.的营收复合增速更高（72.8% vs 0.7%）
应用材料是总部位于美国加利福尼亚州圣克拉拉的企业，为全球第二大半导体设备供应商，主营半导体芯片、消费电子平板显示、太阳能产品制造所需的设备、服务及软件，同时供应柔性电子、封装等领域的涂层生产设备。
Cellebrite DI Ltd.是一家总部位于以色列佩塔提克瓦的数字取证企业，为执法机构、企业及服务供应商提供数字数据的采集、审阅、分析与管理工具，旗下核心产品系列为Cellebrite UFED。
AMAT vs CLBT — 直观对比
营收规模更大
AMAT
是对方的23.3倍
$292.2M
净利率更高
AMAT
高出131.4%
-103.5%
自由现金流更多
AMAT
多$2.0B
$60.8M
两年增速更快
CLBT
近两年复合增速
0.7%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.8B | $292.2M |
| 净利润 | $1.9B | $-302.3M |
| 毛利率 | 48.0% | 84.6% |
| 营业利润率 | 25.2% | 14.1% |
| 净利率 | 27.9% | -103.5% |
| 营收同比 | -3.5% | — |
| 净利润同比 | 9.6% | — |
| 每股收益（稀释后） | $2.36 | $-1.50 |
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AMATCLBT
| Q4 25 | $6.8B | — | ||
| Q3 25 | $7.3B | $292.2M | ||
| Q2 25 | $7.1B | $220.8M | ||
| Q1 25 | $7.2B | $89.6M | ||
| Q4 24 | $7.0B | — | ||
| Q3 24 | $6.8B | $232.1M | ||
| Q2 24 | $6.6B | $185.3M | ||
| Q1 24 | $6.7B | $71.2M |
净利润AMATCLBT
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.8B | $-302.3M | ||
| Q2 25 | $2.1B | $36.9M | ||
| Q1 25 | $1.2B | $-71.4M | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | $-95.2M | ||
| Q1 24 | $2.0B | $-40.6M |
毛利率AMATCLBT
| Q4 25 | 48.0% | — | ||
| Q3 25 | 48.8% | 84.6% | ||
| Q2 25 | 49.1% | 84.1% | ||
| Q1 25 | 48.8% | 85.2% | ||
| Q4 24 | 47.3% | — | ||
| Q3 24 | 47.3% | 83.5% | ||
| Q2 24 | 47.4% | 84.1% | ||
| Q1 24 | 47.8% | 82.6% |
营业利润率AMATCLBT
| Q4 25 | 25.2% | — | ||
| Q3 25 | 30.6% | 14.1% | ||
| Q2 25 | 30.5% | 12.1% | ||
| Q1 25 | 30.4% | 10.3% | ||
| Q4 24 | 29.0% | — | ||
| Q3 24 | 28.7% | 7.9% | ||
| Q2 24 | 28.8% | 11.7% | ||
| Q1 24 | 29.3% | 0.2% |
净利率AMATCLBT
| Q4 25 | 27.9% | — | ||
| Q3 25 | 24.4% | -103.5% | ||
| Q2 25 | 30.1% | 16.7% | ||
| Q1 25 | 16.5% | -79.7% | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 25.9% | -51.4% | ||
| Q1 24 | 30.1% | -57.0% |
每股收益（稀释后）AMATCLBT
| Q4 25 | $2.36 | — | ||
| Q3 25 | $2.22 | $-1.50 | ||
| Q2 25 | $2.63 | $0.15 | ||
| Q1 25 | $1.45 | $-0.36 | ||
| Q4 24 | $2.09 | — | ||
| Q3 24 | $2.05 | $-0.35 | ||
| Q2 24 | $2.06 | $-0.48 | ||
| Q1 24 | $2.41 | $-0.21 |
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 | $8.6B | $191.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $20.4B | $336.0M |
| 总资产 | $36.3B | $690.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AMATCLBT
| Q4 25 | $8.6B | — | ||
| Q3 25 | $7.0B | $191.7M | ||
| Q2 25 | $6.7B | $326.1M | ||
| Q1 25 | $8.2B | $191.7M | ||
| Q4 24 | $9.5B | — | ||
| Q3 24 | $9.1B | $189.5M | ||
| Q2 24 | $7.6B | $178.6M | ||
| Q1 24 | $7.5B | $189.5M |
股东权益AMATCLBT
| Q4 25 | $20.4B | — | ||
| Q3 25 | $19.5B | $336.0M | ||
| Q2 25 | $19.0B | $408.4M | ||
| Q1 25 | $18.6B | $336.0M | ||
| Q4 24 | $19.0B | — | ||
| Q3 24 | $18.8B | $34.2M | ||
| Q2 24 | $18.2B | $-40.2M | ||
| Q1 24 | $17.4B | $34.2M |
总资产AMATCLBT
| Q4 25 | $36.3B | — | ||
| Q3 25 | $34.2B | $690.6M | ||
| Q2 25 | $33.6B | $787.4M | ||
| Q1 25 | $33.3B | $690.6M | ||
| Q4 24 | $34.4B | — | ||
| Q3 24 | $33.6B | $532.9M | ||
| Q2 24 | $31.9B | $556.6M | ||
| Q1 24 | $31.5B | $532.9M |
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 | $2.8B | $66.2M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $60.8M |
| 自由现金流率自由现金流/营收 | 30.0% | 20.8% |
| 资本支出强度资本支出/营收 | 11.5% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.49× | — |
| 过去12个月自由现金流最近4个季度 | $5.7B | $172.1M |
8季度趋势，按日历期对齐
经营现金流AMATCLBT
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.6B | $66.2M | ||
| Q2 25 | $1.6B | $53.5M | ||
| Q1 25 | $925.0M | $10.0M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.4B | $58.2M | ||
| Q2 24 | $1.4B | $24.6M | ||
| Q1 24 | $2.3B | $12.5M |
自由现金流AMATCLBT
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | $60.8M | ||
| Q2 25 | $1.1B | $47.5M | ||
| Q1 25 | $544.0M | $8.5M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.1B | $55.3M | ||
| Q2 24 | $1.1B | $21.0M | ||
| Q1 24 | $2.1B | $11.4M |
自由现金流率AMATCLBT
| Q4 25 | 30.0% | — | ||
| Q3 25 | 28.1% | 20.8% | ||
| Q2 25 | 14.9% | 21.5% | ||
| Q1 25 | 7.6% | 9.5% | ||
| Q4 24 | 30.8% | — | ||
| Q3 24 | 30.8% | 23.8% | ||
| Q2 24 | 17.1% | 11.3% | ||
| Q1 24 | 31.3% | 16.0% |
资本支出强度AMATCLBT
| Q4 25 | 11.5% | — | ||
| Q3 25 | 8.0% | 1.8% | ||
| Q2 25 | 7.2% | 2.7% | ||
| Q1 25 | 5.3% | 1.7% | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 4.4% | 1.3% | ||
| Q2 24 | 3.9% | 1.9% | ||
| Q1 24 | 3.4% | 1.5% |
现金转化率AMATCLBT
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.48× | — | ||
| Q2 25 | 0.74× | 1.45× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 0.81× | — | ||
| Q1 24 | 1.15× | — |
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
AMAT
| Semiconductor Systems Segment | $4.8B | 70% |
| Applied Global Services Segment | $1.6B | 24% |
| Other | $415.0M | 6% |
CLBT
| Subscription services | $197.2M | 67% |
| Term-license | $60.8M | 21% |
| Professional services | $23.2M | 8% |
| Other non-recurring | $11.0M | 4% |
