vs
安霸（AMBA）与WisdomTree, Inc.（WT）财务数据对比。点击上方公司名可切换其他公司
WisdomTree, Inc.的季度营收约是安霸的1.5倍（$159.5M vs $108.5M），WisdomTree, Inc.净利率更高（25.5% vs -13.9%，领先39.4%），WisdomTree, Inc.同比增速更快（47.5% vs 31.2%），过去两年安霸的营收复合增速更高（45.0% vs 22.1%）
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。
WisdomTree, Inc.是总部位于纽约的全球ETF（交易型开放式指数基金）及交易所交易产品发行方与资产管理机构，2006年6月推出首批ETF产品，目前是美国主流ETF供应商之一。其发行的ETF覆盖全球不同资产类别与地区市场，产品线涵盖美国及国际股票、货币、固定收益及另类投资等品类。
AMBA vs WT — 直观对比
营收规模更大
WT
是对方的1.5倍
$108.5M
营收增速更快
WT
高出16.3%
31.2%
净利率更高
WT
高出39.4%
-13.9%
两年增速更快
AMBA
近两年复合增速
22.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $108.5M | $159.5M |
| 净利润 | $-15.1M | $40.6M |
| 毛利率 | 59.6% | — |
| 营业利润率 | -15.0% | 37.2% |
| 净利率 | -13.9% | 25.5% |
| 营收同比 | 31.2% | 47.5% |
| 净利润同比 | 37.2% | 76.4% |
| 每股收益（稀释后） | $-0.35 | $0.28 |
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AMBAWT
| Q1 26 | — | $159.5M | ||
| Q4 25 | $108.5M | $147.4M | ||
| Q3 25 | $95.5M | $125.6M | ||
| Q2 25 | $85.9M | $112.6M | ||
| Q1 25 | $84.0M | $108.1M | ||
| Q4 24 | $82.7M | $110.7M | ||
| Q3 24 | $63.7M | $113.2M | ||
| Q2 24 | $54.5M | $107.0M |
净利润AMBAWT
| Q1 26 | — | $40.6M | ||
| Q4 25 | $-15.1M | $40.0M | ||
| Q3 25 | $-20.0M | $19.7M | ||
| Q2 25 | $-24.3M | $24.8M | ||
| Q1 25 | $-20.2M | $24.6M | ||
| Q4 24 | $-24.1M | $27.3M | ||
| Q3 24 | $-34.9M | $-4.5M | ||
| Q2 24 | $-37.9M | $21.8M |
毛利率AMBAWT
| Q1 26 | — | — | ||
| 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% | — |
营业利润率AMBAWT
| Q1 26 | — | 37.2% | ||
| Q4 25 | -15.0% | 40.5% | ||
| Q3 25 | -23.0% | 36.3% | ||
| Q2 25 | -30.1% | 30.8% | ||
| Q1 25 | -30.2% | 31.6% | ||
| Q4 24 | -30.9% | 31.7% | ||
| Q3 24 | -56.9% | 36.0% | ||
| Q2 24 | -72.4% | 31.3% |
净利率AMBAWT
| Q1 26 | — | 25.5% | ||
| Q4 25 | -13.9% | 27.1% | ||
| Q3 25 | -20.9% | 15.7% | ||
| Q2 25 | -28.3% | 22.0% | ||
| Q1 25 | -24.1% | 22.8% | ||
| Q4 24 | -29.1% | 24.7% | ||
| Q3 24 | -54.8% | -4.0% | ||
| Q2 24 | -69.6% | 20.3% |
每股收益（稀释后）AMBAWT
| Q1 26 | — | $0.28 | ||
| Q4 25 | $-0.35 | $0.28 | ||
| Q3 25 | $-0.47 | $0.13 | ||
| Q2 25 | $-0.58 | $0.17 | ||
| Q1 25 | $-0.48 | $0.17 | ||
| Q4 24 | $-0.58 | $0.20 | ||
| Q3 24 | $-0.85 | $-0.13 | ||
| Q2 24 | $-0.93 | $0.13 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $590.1M | — |
| 总资产 | $751.9M | $1.8B |
| 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AMBAWT
| Q1 26 | — | — | ||
| Q4 25 | $174.1M | — | ||
| Q3 25 | $142.7M | — | ||
| Q2 25 | $141.3M | — | ||
| Q1 25 | $144.6M | — | ||
| Q4 24 | $127.1M | — | ||
| Q3 24 | $153.9M | — | ||
| Q2 24 | $131.8M | $132.5M |
股东权益AMBAWT
| Q1 26 | — | — | ||
| Q4 25 | $590.1M | $413.7M | ||
| Q3 25 | $576.5M | $373.4M | ||
| Q2 25 | $572.7M | $445.1M | ||
| Q1 25 | $561.4M | $415.6M | ||
| Q4 24 | $554.3M | $400.0M | ||
| Q3 24 | $547.6M | $374.9M | ||
| Q2 24 | $555.4M | $445.6M |
总资产AMBAWT
| Q1 26 | — | $1.8B | ||
| Q4 25 | $751.9M | $1.5B | ||
| Q3 25 | $706.4M | $1.4B | ||
| Q2 25 | $701.9M | $1.1B | ||
| Q1 25 | $689.0M | $1.0B | ||
| Q4 24 | $670.8M | $1.0B | ||
| Q3 24 | $650.3M | $1.0B | ||
| Q2 24 | $638.7M | $964.1M |
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 | $18.0M |
| 自由现金流经营现金流 - 资本支出 | $31.4M | — |
| 自由现金流率自由现金流/营收 | 29.0% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 现金转化率经营现金流/净利润 | — | 0.44× |
| 过去12个月自由现金流最近4个季度 | $64.3M | — |
8季度趋势，按日历期对齐
经营现金流AMBAWT
| Q1 26 | — | $18.0M | ||
| Q4 25 | $34.3M | $147.9M | ||
| Q3 25 | $5.5M | $48.1M | ||
| Q2 25 | $14.8M | $38.8M | ||
| Q1 25 | $25.4M | $6.4M | ||
| Q4 24 | $6.6M | $113.5M | ||
| Q3 24 | $16.7M | $47.7M | ||
| Q2 24 | $-15.0M | $32.2M |
自由现金流AMBAWT
| Q1 26 | — | — | ||
| Q4 25 | $31.4M | $147.7M | ||
| Q3 25 | $1.4M | $48.0M | ||
| Q2 25 | $10.2M | $38.7M | ||
| Q1 25 | $21.2M | $6.3M | ||
| Q4 24 | $4.1M | $113.3M | ||
| Q3 24 | $14.2M | $47.7M | ||
| Q2 24 | $-16.1M | $32.2M |
自由现金流率AMBAWT
| Q1 26 | — | — | ||
| Q4 25 | 29.0% | 100.2% | ||
| Q3 25 | 1.4% | 38.2% | ||
| Q2 25 | 11.9% | 34.4% | ||
| Q1 25 | 25.3% | 5.9% | ||
| Q4 24 | 5.0% | 102.4% | ||
| Q3 24 | 22.2% | 42.1% | ||
| Q2 24 | -29.5% | 30.1% |
资本支出强度AMBAWT
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 0.1% | ||
| Q3 25 | 4.3% | 0.0% | ||
| Q2 25 | 5.3% | 0.1% | ||
| Q1 25 | 5.0% | 0.0% | ||
| Q4 24 | 3.0% | 0.1% | ||
| Q3 24 | 4.0% | 0.0% | ||
| Q2 24 | 2.1% | 0.0% |
现金转化率AMBAWT
| Q1 26 | — | 0.44× | ||
| Q4 25 | — | 3.70× | ||
| Q3 25 | — | 2.44× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 4.15× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.48× |
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% |
WT
| Advisory fees | $134.9M | 85% |
| Other | $6.1M | 4% |
| Third-party distribution fees | $5.8M | 4% |
| Management fees | $5.2M | 3% |
| Sales and business development | $4.2M | 3% |
| Professional fees | $3.3M | 2% |
