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超威半导体（AMD）与DoorDash（DASH）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DoorDash的2.6倍（$10.3B vs $4.0B），超威半导体净利率更高（14.7% vs 5.4%，领先9.3%），DoorDash同比增速更快（37.7% vs 34.1%），超威半导体自由现金流更多（$2.4B vs $367.0M），过去两年超威半导体的营收复合增速更高（37.0% vs 25.5%）
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。
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
AMD vs DASH — 直观对比
营收规模更大
AMD
是对方的2.6倍
$4.0B
营收增速更快
DASH
高出3.6%
34.1%
净利率更高
AMD
高出9.3%
5.4%
自由现金流更多
AMD
多$2.0B
$367.0M
两年增速更快
AMD
近两年复合增速
25.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $4.0B |
| 净利润 | $1.5B | $213.0M |
| 毛利率 | 54.3% | — |
| 营业利润率 | 17.1% | 3.7% |
| 净利率 | 14.7% | 5.4% |
| 营收同比 | 34.1% | 37.7% |
| 净利润同比 | 213.5% | 51.1% |
| 每股收益（稀释后） | $0.92 | $0.49 |
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AMDDASH
| Q4 25 | $10.3B | $4.0B | ||
| Q3 25 | $9.2B | $3.4B | ||
| Q2 25 | $7.7B | $3.3B | ||
| Q1 25 | $7.4B | $3.0B | ||
| Q4 24 | $7.7B | $2.9B | ||
| Q3 24 | $6.8B | $2.7B | ||
| Q2 24 | $5.8B | $2.6B | ||
| Q1 24 | $5.5B | $2.5B |
净利润AMDDASH
| Q4 25 | $1.5B | $213.0M | ||
| Q3 25 | $1.2B | $244.0M | ||
| Q2 25 | $872.0M | $285.0M | ||
| Q1 25 | $709.0M | $193.0M | ||
| Q4 24 | $482.0M | $141.0M | ||
| Q3 24 | $771.0M | $162.0M | ||
| Q2 24 | $265.0M | $-157.0M | ||
| Q1 24 | $123.0M | $-23.0M |
毛利率AMDDASH
| Q4 25 | 54.3% | — | ||
| Q3 25 | 51.7% | — | ||
| 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AMDDASH
| Q4 25 | 17.1% | 3.7% | ||
| Q3 25 | 13.7% | 7.5% | ||
| Q2 25 | -1.7% | 5.0% | ||
| Q1 25 | 10.8% | 5.1% | ||
| Q4 24 | 11.4% | 4.1% | ||
| Q3 24 | 10.6% | 4.0% | ||
| Q2 24 | 4.6% | -7.6% | ||
| Q1 24 | 0.7% | -2.4% |
净利率AMDDASH
| Q4 25 | 14.7% | 5.4% | ||
| Q3 25 | 13.4% | 7.1% | ||
| Q2 25 | 11.3% | 8.7% | ||
| Q1 25 | 9.5% | 6.4% | ||
| Q4 24 | 6.3% | 4.9% | ||
| Q3 24 | 11.3% | 6.0% | ||
| Q2 24 | 4.5% | -6.0% | ||
| Q1 24 | 2.2% | -0.9% |
每股收益（稀释后）AMDDASH
| Q4 25 | $0.92 | $0.49 | ||
| Q3 25 | $0.75 | $0.55 | ||
| Q2 25 | $0.54 | $0.65 | ||
| Q1 25 | $0.44 | $0.44 | ||
| Q4 24 | $0.30 | $0.35 | ||
| Q3 24 | $0.47 | $0.38 | ||
| Q2 24 | $0.16 | $-0.38 | ||
| Q1 24 | $0.07 | $-0.06 |
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 | $4.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $63.0B | $10.0B |
| 总资产 | $76.9B | $19.7B |
| 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AMDDASH
| Q4 25 | $10.6B | $4.4B | ||
| Q3 25 | $7.2B | $3.3B | ||
| Q2 25 | $5.9B | $3.9B | ||
| Q1 25 | $7.3B | $4.5B | ||
| Q4 24 | $5.1B | $4.0B | ||
| Q3 24 | $4.5B | $3.7B | ||
| Q2 24 | $5.3B | $3.4B | ||
| Q1 24 | $6.0B | $3.1B |
股东权益AMDDASH
| Q4 25 | $63.0B | $10.0B | ||
| Q3 25 | $60.8B | $9.5B | ||
| Q2 25 | $59.7B | $8.9B | ||
| Q1 25 | $57.9B | $8.4B | ||
| Q4 24 | $57.6B | $7.8B | ||
| Q3 24 | $57.0B | $7.6B | ||
| Q2 24 | $56.5B | $7.2B | ||
| Q1 24 | $56.2B | $7.0B |
总资产AMDDASH
| Q4 25 | $76.9B | $19.7B | ||
| Q3 25 | $76.9B | $18.0B | ||
| Q2 25 | $74.8B | $16.9B | ||
| Q1 25 | $71.5B | $13.6B | ||
| Q4 24 | $69.2B | $12.8B | ||
| Q3 24 | $69.6B | $12.3B | ||
| Q2 24 | $67.9B | $11.8B | ||
| Q1 24 | $67.9B | $11.4B |
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 | $421.0M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $367.0M |
| 自由现金流率自由现金流/营收 | 23.2% | 9.3% |
| 资本支出强度资本支出/营收 | 2.2% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.72× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $2.2B |
8季度趋势，按日历期对齐
经营现金流AMDDASH
| Q4 25 | $2.6B | $421.0M | ||
| Q3 25 | $2.2B | $871.0M | ||
| Q2 25 | $2.0B | $504.0M | ||
| Q1 25 | $939.0M | $635.0M | ||
| Q4 24 | $1.3B | $518.0M | ||
| Q3 24 | $628.0M | $531.0M | ||
| Q2 24 | $593.0M | $530.0M | ||
| Q1 24 | $521.0M | $553.0M |
自由现金流AMDDASH
| Q4 25 | $2.4B | $367.0M | ||
| Q3 25 | $1.9B | $808.0M | ||
| Q2 25 | $1.7B | $438.0M | ||
| Q1 25 | $727.0M | $561.0M | ||
| Q4 24 | $1.1B | $486.0M | ||
| Q3 24 | $496.0M | $499.0M | ||
| Q2 24 | $439.0M | $507.0M | ||
| Q1 24 | $379.0M | $536.0M |
自由现金流率AMDDASH
| Q4 25 | 23.2% | 9.3% | ||
| Q3 25 | 20.6% | 23.4% | ||
| Q2 25 | 22.5% | 13.3% | ||
| Q1 25 | 9.8% | 18.5% | ||
| Q4 24 | 14.2% | 16.9% | ||
| Q3 24 | 7.3% | 18.4% | ||
| Q2 24 | 7.5% | 19.3% | ||
| Q1 24 | 6.9% | 21.3% |
资本支出强度AMDDASH
| Q4 25 | 2.2% | 1.4% | ||
| Q3 25 | 2.8% | 1.8% | ||
| Q2 25 | 3.7% | 2.0% | ||
| Q1 25 | 2.9% | 2.4% | ||
| Q4 24 | 2.7% | 1.1% | ||
| Q3 24 | 1.9% | 1.2% | ||
| Q2 24 | 2.6% | 0.9% | ||
| Q1 24 | 2.6% | 0.7% |
现金转化率AMDDASH
| Q4 25 | 1.72× | 1.98× | ||
| Q3 25 | 1.74× | 3.57× | ||
| Q2 25 | 2.31× | 1.77× | ||
| Q1 25 | 1.32× | 3.29× | ||
| Q4 24 | 2.70× | 3.67× | ||
| Q3 24 | 0.81× | 3.28× | ||
| 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% |
DASH
暂无分部数据
