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超威半导体（AMD）与IAC Inc.（IAC）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IAC Inc.的15.9倍（$10.3B vs $646.0M）。超威半导体净利率更高（14.7% vs -11.9%，领先26.6%）。超威半导体同比增速更快（34.1% vs -10.5%）。超威半导体自由现金流更多（$2.4B vs $31.4M）。过去两年超威半导体的营收复合增速更高（37.0% vs 1.7%）
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。
IAC Inc.是一家美国控股企业，业务覆盖媒体与互联网领域，在全球拥有多个知名品牌。公司前身是1996年成立的HSN Inc.，当时作为家庭购物频道Home Shopping Network和USA电视台的控股主体运营，1999年更名为USA Networks Inc.，2002年将旗下电视业务资产出售给威望迪集团。
AMD vs IAC — 直观对比
营收规模更大
AMD
是对方的15.9倍
$646.0M
营收增速更快
AMD
高出44.6%
-10.5%
净利率更高
AMD
高出26.6%
-11.9%
自由现金流更多
AMD
多$2.3B
$31.4M
两年增速更快
AMD
近两年复合增速
1.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $646.0M |
| 净利润 | $1.5B | $-76.8M |
| 毛利率 | 54.3% | 69.8% |
| 营业利润率 | 17.1% | -17.5% |
| 净利率 | 14.7% | -11.9% |
| 营收同比 | 34.1% | -10.5% |
| 净利润同比 | 213.5% | 61.4% |
| 每股收益（稀释后） | $0.92 | $-0.96 |
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AMDIAC
| Q4 25 | $10.3B | $646.0M | ||
| Q3 25 | $9.2B | $589.8M | ||
| Q2 25 | $7.7B | $586.9M | ||
| Q1 25 | $7.4B | $570.5M | ||
| Q4 24 | $7.7B | $721.4M | ||
| Q3 24 | $6.8B | $642.0M | ||
| Q2 24 | $5.8B | $634.4M | ||
| Q1 24 | $5.5B | $624.3M |
净利润AMDIAC
| Q4 25 | $1.5B | $-76.8M | ||
| Q3 25 | $1.2B | $-21.9M | ||
| Q2 25 | $872.0M | $211.5M | ||
| Q1 25 | $709.0M | $-216.8M | ||
| Q4 24 | $482.0M | $-199.0M | ||
| Q3 24 | $771.0M | $-243.7M | ||
| Q2 24 | $265.0M | $-142.2M | ||
| Q1 24 | $123.0M | $45.0M |
毛利率AMDIAC
| Q4 25 | 54.3% | 69.8% | ||
| Q3 25 | 51.7% | 64.8% | ||
| Q2 25 | 39.8% | 65.6% | ||
| Q1 25 | 50.2% | 64.0% | ||
| Q4 24 | 50.7% | 65.8% | ||
| Q3 24 | 50.1% | 62.1% | ||
| Q2 24 | 49.1% | 60.1% | ||
| Q1 24 | 46.8% | 58.4% |
营业利润率AMDIAC
| Q4 25 | 17.1% | -17.5% | ||
| Q3 25 | 13.7% | -3.5% | ||
| Q2 25 | -1.7% | 0.1% | ||
| Q1 25 | 10.8% | 6.3% | ||
| Q4 24 | 11.4% | 6.7% | ||
| Q3 24 | 10.6% | 1.3% | ||
| Q2 24 | 4.6% | -3.4% | ||
| Q1 24 | 0.7% | -10.2% |
净利率AMDIAC
| Q4 25 | 14.7% | -11.9% | ||
| Q3 25 | 13.4% | -3.7% | ||
| Q2 25 | 11.3% | 36.0% | ||
| Q1 25 | 9.5% | -38.0% | ||
| Q4 24 | 6.3% | -27.6% | ||
| Q3 24 | 11.3% | -38.0% | ||
| Q2 24 | 4.5% | -22.4% | ||
| Q1 24 | 2.2% | 7.2% |
每股收益（稀释后）AMDIAC
| Q4 25 | $0.92 | $-0.96 | ||
| Q3 25 | $0.75 | $-0.27 | ||
| Q2 25 | $0.54 | $2.57 | ||
| Q1 25 | $0.44 | $-2.64 | ||
| Q4 24 | $0.30 | $-2.36 | ||
| Q3 24 | $0.47 | $-2.93 | ||
| Q2 24 | $0.16 | $-1.71 | ||
| Q1 24 | $0.07 | $0.51 |
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 | $960.2M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $63.0B | $4.7B |
| 总资产 | $76.9B | $7.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资AMDIAC
| Q4 25 | $10.6B | $960.2M | ||
| Q3 25 | $7.2B | $1.0B | ||
| Q2 25 | $5.9B | $1.1B | ||
| Q1 25 | $7.3B | $1.2B | ||
| Q4 24 | $5.1B | $1.4B | ||
| Q3 24 | $4.5B | $1.3B | ||
| Q2 24 | $5.3B | $1.3B | ||
| Q1 24 | $6.0B | $1.3B |
总债务AMDIAC
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMDIAC
| Q4 25 | $63.0B | $4.7B | ||
| Q3 25 | $60.8B | $4.8B | ||
| Q2 25 | $59.7B | $4.9B | ||
| Q1 25 | $57.9B | $4.7B | ||
| Q4 24 | $57.6B | $5.6B | ||
| Q3 24 | $57.0B | $5.8B | ||
| Q2 24 | $56.5B | $6.0B | ||
| Q1 24 | $56.2B | $6.1B |
总资产AMDIAC
| Q4 25 | $76.9B | $7.1B | ||
| Q3 25 | $76.9B | $7.2B | ||
| Q2 25 | $74.8B | $7.4B | ||
| Q1 25 | $71.5B | $7.2B | ||
| Q4 24 | $69.2B | $9.7B | ||
| Q3 24 | $69.6B | $9.8B | ||
| Q2 24 | $67.9B | $10.2B | ||
| Q1 24 | $67.9B | $10.4B |
负债/权益比AMDIAC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $36.6M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $31.4M |
| 自由现金流率自由现金流/营收 | 23.2% | 4.9% |
| 资本支出强度资本支出/营收 | 2.2% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.72× | — |
| 过去12个月自由现金流最近4个季度 | $6.7B | $44.8M |
8季度趋势，按日历期对齐
经营现金流AMDIAC
| Q4 25 | $2.6B | $36.6M | ||
| Q3 25 | $2.2B | $30.1M | ||
| Q2 25 | $2.0B | $-2.8M | ||
| Q1 25 | $939.0M | $63.0K | ||
| Q4 24 | $1.3B | $110.1M | ||
| Q3 24 | $628.0M | $95.3M | ||
| Q2 24 | $593.0M | $85.0M | ||
| Q1 24 | $521.0M | $64.1M |
自由现金流AMDIAC
| Q4 25 | $2.4B | $31.4M | ||
| Q3 25 | $1.9B | $25.3M | ||
| Q2 25 | $1.7B | $-7.2M | ||
| Q1 25 | $727.0M | $-4.6M | ||
| Q4 24 | $1.1B | $104.8M | ||
| Q3 24 | $496.0M | $92.0M | ||
| Q2 24 | $439.0M | $81.6M | ||
| Q1 24 | $379.0M | $61.1M |
自由现金流率AMDIAC
| Q4 25 | 23.2% | 4.9% | ||
| Q3 25 | 20.6% | 4.3% | ||
| Q2 25 | 22.5% | -1.2% | ||
| Q1 25 | 9.8% | -0.8% | ||
| Q4 24 | 14.2% | 14.5% | ||
| Q3 24 | 7.3% | 14.3% | ||
| Q2 24 | 7.5% | 12.9% | ||
| Q1 24 | 6.9% | 9.8% |
资本支出强度AMDIAC
| Q4 25 | 2.2% | 0.8% | ||
| Q3 25 | 2.8% | 0.8% | ||
| Q2 25 | 3.7% | 0.8% | ||
| Q1 25 | 2.9% | 0.8% | ||
| Q4 24 | 2.7% | 0.7% | ||
| Q3 24 | 1.9% | 0.5% | ||
| Q2 24 | 2.6% | 0.5% | ||
| Q1 24 | 2.6% | 0.5% |
现金转化率AMDIAC
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 2.31× | -0.01× | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 2.70× | — | ||
| Q3 24 | 0.81× | — | ||
| Q2 24 | 2.24× | — | ||
| Q1 24 | 4.24× | 1.42× |
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% |
IAC
| $168.5M | 26% | |
| Performance Marketing | $101.2M | 16% |
| Care.com | $85.7M | 13% |
| Subscription | $69.5M | 11% |
| Licensing And Other | $43.8M | 7% |
| Consumer Revenue | $43.2M | 7% |
| Advertising | $35.9M | 6% |
| Project And Other Print | $33.6M | 5% |
| Advertising Google | $28.9M | 4% |
| Newsstand | $22.4M | 3% |
| Emerging Other | $19.6M | 3% |
