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超威半导体（AMD）与CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）财务数据对比。点击上方公司名可切换其他公司
超威半导体的季度营收约是CHECK POINT SOFTWARE TECHNOLOGIES LTD的5.2倍（$10.3B vs $2.0B）。CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs 14.7%，领先23.3%）。超威半导体自由现金流更多（$2.4B vs $895.5M）
超威半导体（AMD）是总部位于美国加利福尼亚州圣克拉拉的跨国半导体企业，专注研发生产面向数据中心、游戏、个人电脑、嵌入式系统的高性能CPU、GPU及自适应片上系统，旗下拥有锐龙、霄龙、镭龙、Instinct等核心产品线，2022年收购赛灵思后拓展了FPGA及自适应计算业务，直接与英特尔、英伟达展开竞争。
Check Point软件技术有限公司是以色列知名网络安全企业，业务覆盖全球60余个国家，总部位于以色列特拉维夫，在美国加利福尼亚州红木城设有重要运营据点。公司为全球超过10万家机构提供安全防护，旗下拥有专业安全研究团队，同时是世界经济论坛的合作伙伴。
AMD vs CHKP — 直观对比
营收规模更大
AMD
是对方的5.2倍
$2.0B
净利率更高
CHKP
高出23.3%
14.7%
自由现金流更多
AMD
多$1.5B
$895.5M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $2.0B |
| 净利润 | $1.5B | $752.4M |
| 毛利率 | 54.3% | 86.7% |
| 营业利润率 | 17.1% | 30.2% |
| 净利率 | 14.7% | 38.0% |
| 营收同比 | 34.1% | — |
| 净利润同比 | 213.5% | — |
| 每股收益（稀释后） | $0.92 | $6.81 |
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AMDCHKP
| Q4 25 | $10.3B | — | ||
| Q3 25 | $9.2B | $2.0B | ||
| Q2 25 | $7.7B | — | ||
| Q1 25 | $7.4B | — | ||
| Q4 24 | $7.7B | — | ||
| Q3 24 | $6.8B | — | ||
| Q2 24 | $5.8B | — | ||
| Q1 24 | $5.5B | — |
净利润AMDCHKP
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.2B | $752.4M | ||
| Q2 25 | $872.0M | — | ||
| Q1 25 | $709.0M | — | ||
| Q4 24 | $482.0M | — | ||
| Q3 24 | $771.0M | — | ||
| Q2 24 | $265.0M | — | ||
| Q1 24 | $123.0M | — |
毛利率AMDCHKP
| Q4 25 | 54.3% | — | ||
| Q3 25 | 51.7% | 86.7% | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 50.2% | — | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 50.1% | — | ||
| Q2 24 | 49.1% | — | ||
| Q1 24 | 46.8% | — |
营业利润率AMDCHKP
| Q4 25 | 17.1% | — | ||
| Q3 25 | 13.7% | 30.2% | ||
| Q2 25 | -1.7% | — | ||
| Q1 25 | 10.8% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 10.6% | — | ||
| Q2 24 | 4.6% | — | ||
| Q1 24 | 0.7% | — |
净利率AMDCHKP
| Q4 25 | 14.7% | — | ||
| Q3 25 | 13.4% | 38.0% | ||
| Q2 25 | 11.3% | — | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 11.3% | — | ||
| Q2 24 | 4.5% | — | ||
| Q1 24 | 2.2% | — |
每股收益（稀释后）AMDCHKP
| Q4 25 | $0.92 | — | ||
| Q3 25 | $0.75 | $6.81 | ||
| Q2 25 | $0.54 | — | ||
| Q1 25 | $0.44 | — | ||
| Q4 24 | $0.30 | — | ||
| Q3 24 | $0.47 | — | ||
| Q2 24 | $0.16 | — | ||
| Q1 24 | $0.07 | — |
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 | $10.6B | $619.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $63.0B | $3.1B |
| 总资产 | $76.9B | $5.7B |
| 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AMDCHKP
| Q4 25 | $10.6B | — | ||
| Q3 25 | $7.2B | $619.9M | ||
| Q2 25 | $5.9B | — | ||
| Q1 25 | $7.3B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $6.0B | — |
股东权益AMDCHKP
| Q4 25 | $63.0B | — | ||
| Q3 25 | $60.8B | $3.1B | ||
| Q2 25 | $59.7B | — | ||
| Q1 25 | $57.9B | — | ||
| Q4 24 | $57.6B | — | ||
| Q3 24 | $57.0B | — | ||
| Q2 24 | $56.5B | — | ||
| Q1 24 | $56.2B | — |
总资产AMDCHKP
| Q4 25 | $76.9B | — | ||
| Q3 25 | $76.9B | $5.7B | ||
| Q2 25 | $74.8B | — | ||
| Q1 25 | $71.5B | — | ||
| Q4 24 | $69.2B | — | ||
| Q3 24 | $69.6B | — | ||
| Q2 24 | $67.9B | — | ||
| Q1 24 | $67.9B | — |
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 | $2.6B | $914.9M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $895.5M |
| 自由现金流率自由现金流/营收 | 23.2% | 45.2% |
| 资本支出强度资本支出/营收 | 2.2% | 1.0% |
| 现金转化率经营现金流/净利润 | 1.72× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $6.7B | — |
8季度趋势，按日历期对齐
经营现金流AMDCHKP
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.2B | $914.9M | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $939.0M | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $628.0M | — | ||
| Q2 24 | $593.0M | — | ||
| Q1 24 | $521.0M | — |
自由现金流AMDCHKP
| Q4 25 | $2.4B | — | ||
| Q3 25 | $1.9B | $895.5M | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $727.0M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $496.0M | — | ||
| Q2 24 | $439.0M | — | ||
| Q1 24 | $379.0M | — |
自由现金流率AMDCHKP
| Q4 25 | 23.2% | — | ||
| Q3 25 | 20.6% | 45.2% | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 9.8% | — | ||
| Q4 24 | 14.2% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 6.9% | — |
资本支出强度AMDCHKP
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.8% | 1.0% | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 2.6% | — |
现金转化率AMDCHKP
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.74× | 1.22× | ||
| Q2 25 | 2.31× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 2.70× | — | ||
| Q3 24 | 0.81× | — | ||
| Q2 24 | 2.24× | — | ||
| Q1 24 | 4.24× | — |
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
AMD
| Other | $5.4B | 52% |
| Client | $3.1B | 30% |
| Embedded | $950.0M | 9% |
| Gaming | $843.0M | 8% |
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
