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超威半导体（AMD）与迈梭电子（MEI）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迈梭电子的41.6倍（$10.3B vs $246.9M）。超威半导体净利率更高（14.7% vs -4.0%，领先18.7%）。超威半导体同比增速更快（34.1% vs -15.6%）。超威半导体自由现金流更多（$2.4B vs $-11.6M）。过去两年超威半导体的营收复合增速更高（37.0% vs -2.5%）
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。
迈梭电子是一家总部位于美国伊利诺伊州芝加哥的跨国企业，主要业务涵盖工程研发、生产制造与销售服务，目前在全球14个国家设有超过35个运营网点，全球员工总数约6500人。
AMD vs MEI — 直观对比
营收规模更大
AMD
是对方的41.6倍
$246.9M
营收增速更快
AMD
高出49.7%
-15.6%
净利率更高
AMD
高出18.7%
-4.0%
自由现金流更多
AMD
多$2.4B
$-11.6M
两年增速更快
AMD
近两年复合增速
-2.5%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $246.9M |
| 净利润 | $1.5B | $-9.9M |
| 毛利率 | 54.3% | 19.3% |
| 营业利润率 | 17.1% | 1.2% |
| 净利率 | 14.7% | -4.0% |
| 营收同比 | 34.1% | -15.6% |
| 净利润同比 | 213.5% | -518.8% |
| 每股收益（稀释后） | $0.92 | $-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AMDMEI
| Q4 25 | $10.3B | $246.9M | ||
| Q3 25 | $9.2B | $240.5M | ||
| Q2 25 | $7.7B | $257.1M | ||
| Q1 25 | $7.4B | $239.9M | ||
| Q4 24 | $7.7B | $292.6M | ||
| Q3 24 | $6.8B | $258.5M | ||
| Q2 24 | $5.8B | $277.3M | ||
| Q1 24 | $5.5B | $259.5M |
净利润AMDMEI
| Q4 25 | $1.5B | $-9.9M | ||
| Q3 25 | $1.2B | $-10.3M | ||
| Q2 25 | $872.0M | $-28.3M | ||
| Q1 25 | $709.0M | $-14.4M | ||
| Q4 24 | $482.0M | $-1.6M | ||
| Q3 24 | $771.0M | $-18.3M | ||
| Q2 24 | $265.0M | $-57.3M | ||
| Q1 24 | $123.0M | $-11.6M |
毛利率AMDMEI
| Q4 25 | 54.3% | 19.3% | ||
| Q3 25 | 51.7% | 18.1% | ||
| Q2 25 | 39.8% | 7.6% | ||
| Q1 25 | 50.2% | 17.2% | ||
| Q4 24 | 50.7% | 19.8% | ||
| Q3 24 | 50.1% | 17.3% | ||
| Q2 24 | 49.1% | 12.8% | ||
| Q1 24 | 46.8% | 14.3% |
营业利润率AMDMEI
| Q4 25 | 17.1% | 1.2% | ||
| Q3 25 | 13.7% | 0.5% | ||
| Q2 25 | -1.7% | -9.2% | ||
| Q1 25 | 10.8% | -0.9% | ||
| Q4 24 | 11.4% | 3.2% | ||
| Q3 24 | 10.6% | -2.9% | ||
| Q2 24 | 4.6% | -22.2% | ||
| Q1 24 | 0.7% | -1.2% |
净利率AMDMEI
| Q4 25 | 14.7% | -4.0% | ||
| Q3 25 | 13.4% | -4.3% | ||
| Q2 25 | 11.3% | -11.0% | ||
| Q1 25 | 9.5% | -6.0% | ||
| Q4 24 | 6.3% | -0.5% | ||
| Q3 24 | 11.3% | -7.1% | ||
| Q2 24 | 4.5% | -20.7% | ||
| Q1 24 | 2.2% | -4.5% |
每股收益（稀释后）AMDMEI
| Q4 25 | $0.92 | $-0.28 | ||
| Q3 25 | $0.75 | $-0.29 | ||
| Q2 25 | $0.54 | $-0.79 | ||
| Q1 25 | $0.44 | $-0.41 | ||
| Q4 24 | $0.30 | $-0.05 | ||
| Q3 24 | $0.47 | $-0.52 | ||
| Q2 24 | $0.16 | $-1.62 | ||
| Q1 24 | $0.07 | $-0.33 |
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 | $118.5M |
| 总债务越低越好 | — | $332.5M |
| 股东权益账面价值 | $63.0B | $679.3M |
| 总资产 | $76.9B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资AMDMEI
| Q4 25 | $10.6B | $118.5M | ||
| Q3 25 | $7.2B | $121.1M | ||
| Q2 25 | $5.9B | $103.6M | ||
| Q1 25 | $7.3B | $103.8M | ||
| Q4 24 | $5.1B | $97.0M | ||
| Q3 24 | $4.5B | $111.3M | ||
| Q2 24 | $5.3B | $161.5M | ||
| Q1 24 | $6.0B | $122.9M |
总债务AMDMEI
| Q4 25 | — | $332.5M | ||
| Q3 25 | — | $323.4M | ||
| Q2 25 | — | $317.6M | ||
| Q1 25 | — | $327.9M | ||
| Q4 24 | — | $340.6M | ||
| Q3 24 | — | $296.0M | ||
| Q2 24 | — | $330.9M | ||
| Q1 24 | — | $331.3M |
股东权益AMDMEI
| Q4 25 | $63.0B | $679.3M | ||
| Q3 25 | $60.8B | $688.1M | ||
| Q2 25 | $59.7B | $693.3M | ||
| Q1 25 | $57.9B | $704.3M | ||
| Q4 24 | $57.6B | $738.3M | ||
| Q3 24 | $57.0B | $744.4M | ||
| Q2 24 | $56.5B | $766.0M | ||
| Q1 24 | $56.2B | $835.0M |
总资产AMDMEI
| Q4 25 | $76.9B | $1.3B | ||
| Q3 25 | $76.9B | $1.3B | ||
| Q2 25 | $74.8B | $1.3B | ||
| Q1 25 | $71.5B | $1.3B | ||
| Q4 24 | $69.2B | $1.4B | ||
| Q3 24 | $69.6B | $1.4B | ||
| Q2 24 | $67.9B | $1.4B | ||
| Q1 24 | $67.9B | $1.5B |
负债/权益比AMDMEI
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.47× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.40× |
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 | $-7.4M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $-11.6M |
| 自由现金流率自由现金流/营收 | 23.2% | -4.7% |
| 资本支出强度资本支出/营收 | 2.2% | 1.7% |
| 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 | $52.3M |
8季度趋势，按日历期对齐
经营现金流AMDMEI
| Q4 25 | $2.6B | $-7.4M | ||
| Q3 25 | $2.2B | $25.1M | ||
| Q2 25 | $2.0B | $35.4M | ||
| Q1 25 | $939.0M | $28.1M | ||
| Q4 24 | $1.3B | $-48.0M | ||
| Q3 24 | $628.0M | $10.9M | ||
| Q2 24 | $593.0M | $24.9M | ||
| Q1 24 | $521.0M | $28.8M |
自由现金流AMDMEI
| Q4 25 | $2.4B | $-11.6M | ||
| Q3 25 | $1.9B | $18.0M | ||
| Q2 25 | $1.7B | $26.3M | ||
| Q1 25 | $727.0M | $19.6M | ||
| Q4 24 | $1.1B | $-58.4M | ||
| Q3 24 | $496.0M | $-2.7M | ||
| Q2 24 | $439.0M | $15.8M | ||
| Q1 24 | $379.0M | $12.2M |
自由现金流率AMDMEI
| Q4 25 | 23.2% | -4.7% | ||
| Q3 25 | 20.6% | 7.5% | ||
| Q2 25 | 22.5% | 10.2% | ||
| Q1 25 | 9.8% | 8.2% | ||
| Q4 24 | 14.2% | -20.0% | ||
| Q3 24 | 7.3% | -1.0% | ||
| Q2 24 | 7.5% | 5.7% | ||
| Q1 24 | 6.9% | 4.7% |
资本支出强度AMDMEI
| Q4 25 | 2.2% | 1.7% | ||
| Q3 25 | 2.8% | 3.0% | ||
| Q2 25 | 3.7% | 3.5% | ||
| Q1 25 | 2.9% | 3.5% | ||
| Q4 24 | 2.7% | 3.6% | ||
| Q3 24 | 1.9% | 5.3% | ||
| Q2 24 | 2.6% | 3.3% | ||
| Q1 24 | 2.6% | 6.4% |
现金转化率AMDMEI
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.74× | — | ||
| 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% |
MEI
暂无分部数据
