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安霸（AMBA）与DLH Holdings Corp.（DLHC）财务数据对比。点击上方公司名可切换其他公司
安霸的季度营收约是DLH Holdings Corp.的1.6倍（$108.5M vs $68.9M），DLH Holdings Corp.净利率更高（-1.9% vs -13.9%，领先12.0%），安霸同比增速更快（31.2% vs -24.1%），安霸自由现金流更多（$31.4M vs $-4.8M），过去两年安霸的营收复合增速更高（45.0% vs -17.4%）
安霸是美国无晶圆厂半导体设计企业，专注于低功耗高清、超高清视频压缩、图像处理及计算机视觉处理器研发。其芯片产品广泛应用于视频安防、高级驾驶辅助系统、电子后视镜、行车记录仪、驾驶舱内监测、自动驾驶、机器人等多元人机视觉场景。
DLH Holdings Corp.是一家总部位于美国的政府服务供应商，主要为退伍军人事务部、国防部、卫生与公众服务部等联邦机构提供技术赋能的医疗、物流、工程及任务支持服务，同时服务部分州及地方公共部门客户。
AMBA vs DLHC — 直观对比
营收规模更大
AMBA
是对方的1.6倍
$68.9M
营收增速更快
AMBA
高出55.3%
-24.1%
净利率更高
DLHC
高出12.0%
-13.9%
自由现金流更多
AMBA
多$36.2M
$-4.8M
两年增速更快
AMBA
近两年复合增速
-17.4%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $108.5M | $68.9M |
| 净利润 | $-15.1M | $-1.3M |
| 毛利率 | 59.6% | — |
| 营业利润率 | -15.0% | 2.1% |
| 净利率 | -13.9% | -1.9% |
| 营收同比 | 31.2% | -24.1% |
| 净利润同比 | 37.2% | -218.7% |
| 每股收益（稀释后） | $-0.35 | $-0.09 |
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AMBADLHC
| Q4 25 | $108.5M | $68.9M | ||
| Q3 25 | $95.5M | $81.2M | ||
| Q2 25 | $85.9M | $83.3M | ||
| Q1 25 | $84.0M | $89.2M | ||
| Q4 24 | $82.7M | $90.8M | ||
| Q3 24 | $63.7M | $96.4M | ||
| Q2 24 | $54.5M | $100.7M | ||
| Q1 24 | $51.6M | $101.0M |
净利润AMBADLHC
| Q4 25 | $-15.1M | $-1.3M | ||
| Q3 25 | $-20.0M | $-920.0K | ||
| Q2 25 | $-24.3M | $289.0K | ||
| Q1 25 | $-20.2M | $878.0K | ||
| Q4 24 | $-24.1M | $1.1M | ||
| Q3 24 | $-34.9M | $2.3M | ||
| Q2 24 | $-37.9M | $1.1M | ||
| Q1 24 | $-60.6M | $1.8M |
毛利率AMBADLHC
| Q4 25 | 59.6% | — | ||
| Q3 25 | 58.9% | — | ||
| Q2 25 | 60.0% | — | ||
| Q1 25 | 60.0% | — | ||
| Q4 24 | 60.6% | — | ||
| Q3 24 | 60.8% | — | ||
| Q2 24 | 60.9% | — | ||
| Q1 24 | 59.8% | — |
营业利润率AMBADLHC
| Q4 25 | -15.0% | 2.1% | ||
| Q3 25 | -23.0% | 2.8% | ||
| Q2 25 | -30.1% | 4.5% | ||
| Q1 25 | -30.2% | 5.7% | ||
| Q4 24 | -30.9% | 6.2% | ||
| Q3 24 | -56.9% | 6.6% | ||
| Q2 24 | -72.4% | 5.7% | ||
| Q1 24 | -80.8% | 5.9% |
净利率AMBADLHC
| Q4 25 | -13.9% | -1.9% | ||
| Q3 25 | -20.9% | -1.1% | ||
| Q2 25 | -28.3% | 0.3% | ||
| Q1 25 | -24.1% | 1.0% | ||
| Q4 24 | -29.1% | 1.2% | ||
| Q3 24 | -54.8% | 2.4% | ||
| Q2 24 | -69.6% | 1.1% | ||
| Q1 24 | -117.4% | 1.8% |
每股收益（稀释后）AMBADLHC
| Q4 25 | $-0.35 | $-0.09 | ||
| Q3 25 | $-0.47 | $-0.07 | ||
| Q2 25 | $-0.58 | $0.02 | ||
| Q1 25 | $-0.48 | $0.06 | ||
| Q4 24 | $-0.58 | $0.08 | ||
| Q3 24 | $-0.85 | $0.16 | ||
| Q2 24 | $-0.93 | $0.08 | ||
| Q1 24 | $-1.51 | $0.12 |
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 | $174.1M | $257.0K |
| 总债务越低越好 | — | $133.5M |
| 股东权益账面价值 | $590.1M | $112.2M |
| 总资产 | $751.9M | $283.5M |
| 负债/权益比越低杠杆越低 | — | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资AMBADLHC
| Q4 25 | $174.1M | $257.0K | ||
| Q3 25 | $142.7M | $125.0K | ||
| Q2 25 | $141.3M | $194.0K | ||
| Q1 25 | $144.6M | $196.0K | ||
| Q4 24 | $127.1M | $451.0K | ||
| Q3 24 | $153.9M | $342.0K | ||
| Q2 24 | $131.8M | $423.0K | ||
| Q1 24 | $144.9M | $238.0K |
总债务AMBADLHC
| Q4 25 | — | $133.5M | ||
| Q3 25 | — | $128.0M | ||
| Q2 25 | — | $138.3M | ||
| Q1 25 | — | $147.3M | ||
| Q4 24 | — | $162.2M | ||
| Q3 24 | — | $149.4M | ||
| Q2 24 | — | $160.9M | ||
| Q1 24 | — | $164.8M |
股东权益AMBADLHC
| Q4 25 | $590.1M | $112.2M | ||
| Q3 25 | $576.5M | $113.0M | ||
| Q2 25 | $572.7M | $113.7M | ||
| Q1 25 | $561.4M | $112.8M | ||
| Q4 24 | $554.3M | $111.4M | ||
| Q3 24 | $547.6M | $110.1M | ||
| Q2 24 | $555.4M | $108.6M | ||
| Q1 24 | $559.9M | $106.8M |
总资产AMBADLHC
| Q4 25 | $751.9M | $283.5M | ||
| Q3 25 | $706.4M | $290.7M | ||
| Q2 25 | $701.9M | $299.3M | ||
| Q1 25 | $689.0M | $306.6M | ||
| Q4 24 | $670.8M | $325.0M | ||
| Q3 24 | $650.3M | $314.4M | ||
| Q2 24 | $638.7M | $325.0M | ||
| Q1 24 | $657.7M | $325.9M |
负债/权益比AMBADLHC
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.22× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | — | 1.46× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.48× | ||
| Q1 24 | — | 1.54× |
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 | $34.3M | $-4.8M |
| 自由现金流经营现金流 - 资本支出 | $31.4M | $-4.8M |
| 自由现金流率自由现金流/营收 | 29.0% | -7.0% |
| 资本支出强度资本支出/营收 | 2.7% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $64.3M | $29.2M |
8季度趋势，按日历期对齐
经营现金流AMBADLHC
| Q4 25 | $34.3M | $-4.8M | ||
| Q3 25 | $5.5M | $10.7M | ||
| Q2 25 | $14.8M | $9.6M | ||
| Q1 25 | $25.4M | $14.5M | ||
| Q4 24 | $6.6M | $-11.5M | ||
| Q3 24 | $16.7M | $12.4M | ||
| Q2 24 | $-15.0M | $4.6M | ||
| Q1 24 | $-4.0M | $5.2M |
自由现金流AMBADLHC
| Q4 25 | $31.4M | $-4.8M | ||
| Q3 25 | $1.4M | $10.7M | ||
| Q2 25 | $10.2M | $9.4M | ||
| Q1 25 | $21.2M | $14.0M | ||
| Q4 24 | $4.1M | $-12.1M | ||
| Q3 24 | $14.2M | $12.2M | ||
| Q2 24 | $-16.1M | $4.5M | ||
| Q1 24 | $-6.0M | $4.9M |
自由现金流率AMBADLHC
| Q4 25 | 29.0% | -7.0% | ||
| Q3 25 | 1.4% | 13.1% | ||
| Q2 25 | 11.9% | 11.2% | ||
| Q1 25 | 25.3% | 15.6% | ||
| Q4 24 | 5.0% | -13.3% | ||
| Q3 24 | 22.2% | 12.7% | ||
| Q2 24 | -29.5% | 4.4% | ||
| Q1 24 | -11.6% | 4.9% |
资本支出强度AMBADLHC
| Q4 25 | 2.7% | 0.1% | ||
| Q3 25 | 4.3% | 0.0% | ||
| Q2 25 | 5.3% | 0.3% | ||
| Q1 25 | 5.0% | 0.6% | ||
| Q4 24 | 3.0% | 0.6% | ||
| Q3 24 | 4.0% | 0.2% | ||
| Q2 24 | 2.1% | 0.2% | ||
| Q1 24 | 3.7% | 0.3% |
现金转化率AMBADLHC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 33.12× | ||
| Q1 25 | — | 16.52× | ||
| Q4 24 | — | -10.35× | ||
| Q3 24 | — | 5.42× | ||
| Q2 24 | — | 4.06× | ||
| Q1 24 | — | 2.89× |
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
AMBA
| TW | $76.0M | 70% |
| Asia Pacific Other Than Taiwan | $20.2M | 19% |
| North America Other Than United States | $7.4M | 7% |
| Other | $5.0M | 5% |
DLHC
| Sales Channel Directly To Consumer | $64.5M | 94% |
| Sales Channel Through Intermediary | $4.4M | 6% |
