vs
超威半导体（AMD）与PG&E Corporation（PCG）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PG&E Corporation的1.5倍（$10.3B vs $6.9B），超威半导体净利率更高（13.5% vs 12.9%，领先0.6%），超威半导体同比增速更快（37.8% vs 15.0%），过去两年超威半导体的营收复合增速更高（32.6% vs 7.2%）
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。
PG&E Corporation是美国由投资者持有运营的公用事业企业，总部坐落于加利福尼亚州奥克兰市凯撒中心，为加州北部三分之二区域的520万户家庭提供天然气与电力供应服务，服务范围涵盖贝克斯菲尔德、圣巴巴拉县北部，几乎延伸至俄勒冈州与内华达州的州界。
AMD vs PCG — 直观对比
营收规模更大
AMD
是对方的1.5倍
$6.9B
营收增速更快
AMD
高出22.8%
15.0%
净利率更高
AMD
高出0.6%
12.9%
两年增速更快
AMD
近两年复合增速
7.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $6.9B |
| 净利润 | $1.4B | $885.0M |
| 毛利率 | 52.8% | — |
| 营业利润率 | 14.4% | 21.4% |
| 净利率 | 13.5% | 12.9% |
| 营收同比 | 37.8% | 15.0% |
| 净利润同比 | 95.1% | 39.6% |
| 每股收益（稀释后） | $0.84 | $0.39 |
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AMDPCG
| Q1 26 | $10.3B | $6.9B | ||
| Q4 25 | $10.3B | $6.8B | ||
| Q3 25 | $9.2B | $6.3B | ||
| Q2 25 | $7.7B | $5.9B | ||
| Q1 25 | $7.4B | $6.0B | ||
| Q4 24 | $7.7B | $6.6B | ||
| Q3 24 | $6.8B | $5.9B | ||
| Q2 24 | $5.8B | $6.0B |
净利润AMDPCG
| Q1 26 | $1.4B | $885.0M | ||
| Q4 25 | $1.5B | $670.0M | ||
| Q3 25 | $1.2B | $850.0M | ||
| Q2 25 | $872.0M | $549.0M | ||
| Q1 25 | $709.0M | $634.0M | ||
| Q4 24 | $482.0M | $674.0M | ||
| Q3 24 | $771.0M | $579.0M | ||
| Q2 24 | $265.0M | $524.0M |
毛利率AMDPCG
| Q1 26 | 52.8% | — | ||
| 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% | — |
营业利润率AMDPCG
| Q1 26 | 14.4% | 21.4% | ||
| Q4 25 | 17.1% | 18.0% | ||
| Q3 25 | 13.7% | 19.3% | ||
| Q2 25 | -1.7% | 18.6% | ||
| Q1 25 | 10.8% | 20.4% | ||
| Q4 24 | 11.4% | 15.4% | ||
| Q3 24 | 10.6% | 17.3% | ||
| Q2 24 | 4.6% | 18.9% |
净利率AMDPCG
| Q1 26 | 13.5% | 12.9% | ||
| Q4 25 | 14.7% | 9.8% | ||
| Q3 25 | 13.4% | 13.6% | ||
| Q2 25 | 11.3% | 9.3% | ||
| Q1 25 | 9.5% | 10.6% | ||
| Q4 24 | 6.3% | 10.2% | ||
| Q3 24 | 11.3% | 9.7% | ||
| Q2 24 | 4.5% | 8.8% |
每股收益（稀释后）AMDPCG
| Q1 26 | $0.84 | $0.39 | ||
| Q4 25 | $0.92 | $0.29 | ||
| Q3 25 | $0.75 | $0.37 | ||
| Q2 25 | $0.54 | $0.24 | ||
| Q1 25 | $0.44 | $0.28 | ||
| Q4 24 | $0.30 | $0.30 | ||
| Q3 24 | $0.47 | $0.27 | ||
| Q2 24 | $0.16 | $0.24 |
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 | $12.3B | — |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $64.5B | — |
| 总资产 | $79.6B | — |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资AMDPCG
| Q1 26 | $12.3B | — | ||
| Q4 25 | $10.6B | $713.0M | ||
| Q3 25 | $7.2B | $404.0M | ||
| Q2 25 | $5.9B | $494.0M | ||
| Q1 25 | $7.3B | $2.0B | ||
| Q4 24 | $5.1B | $940.0M | ||
| Q3 24 | $4.5B | $895.0M | ||
| Q2 24 | $5.3B | $1.3B |
总债务AMDPCG
| Q1 26 | $2.4B | — | ||
| Q4 25 | — | $57.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $53.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AMDPCG
| Q1 26 | $64.5B | — | ||
| Q4 25 | $63.0B | $32.5B | ||
| Q3 25 | $60.8B | $32.0B | ||
| Q2 25 | $59.7B | $31.2B | ||
| Q1 25 | $57.9B | $30.7B | ||
| Q4 24 | $57.6B | $30.1B | ||
| Q3 24 | $57.0B | $26.8B | ||
| Q2 24 | $56.5B | $26.3B |
总资产AMDPCG
| Q1 26 | $79.6B | — | ||
| Q4 25 | $76.9B | $141.6B | ||
| Q3 25 | $76.9B | $138.2B | ||
| Q2 25 | $74.8B | $136.4B | ||
| Q1 25 | $71.5B | $135.4B | ||
| Q4 24 | $69.2B | $133.7B | ||
| Q3 24 | $69.6B | $132.3B | ||
| Q2 24 | $67.9B | $130.8B |
负债/权益比AMDPCG
| Q1 26 | 0.04× | — | ||
| Q4 25 | — | 1.76× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | — | ||
| Q2 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 | $3.0B | — |
| 自由现金流经营现金流 - 资本支出 | $2.6B | — |
| 自由现金流率自由现金流/营收 | 25.0% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | 2.14× | — |
| 过去12个月自由现金流最近4个季度 | $8.6B | — |
8季度趋势，按日历期对齐
经营现金流AMDPCG
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.6B | $2.0B | ||
| Q3 25 | $2.2B | $2.9B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $939.0M | $2.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $628.0M | $3.1B | ||
| Q2 24 | $593.0M | $711.0M |
自由现金流AMDPCG
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.4B | $-1.2B | ||
| Q3 25 | $1.9B | $-80.0M | ||
| Q2 25 | $1.7B | $-2.0B | ||
| Q1 25 | $727.0M | $213.0M | ||
| Q4 24 | $1.1B | $-896.0M | ||
| Q3 24 | $496.0M | $526.0M | ||
| Q2 24 | $439.0M | $-1.6B |
自由现金流率AMDPCG
| Q1 26 | 25.0% | — | ||
| Q4 25 | 23.2% | -17.6% | ||
| Q3 25 | 20.6% | -1.3% | ||
| Q2 25 | 22.5% | -34.0% | ||
| Q1 25 | 9.8% | 3.6% | ||
| Q4 24 | 14.2% | -13.5% | ||
| Q3 24 | 7.3% | 8.9% | ||
| Q2 24 | 7.5% | -26.5% |
资本支出强度AMDPCG
| Q1 26 | 3.8% | — | ||
| Q4 25 | 2.2% | 46.4% | ||
| Q3 25 | 2.8% | 46.9% | ||
| Q2 25 | 3.7% | 52.0% | ||
| Q1 25 | 2.9% | 44.0% | ||
| Q4 24 | 2.7% | 42.6% | ||
| Q3 24 | 1.9% | 43.8% | ||
| Q2 24 | 2.6% | 38.4% |
现金转化率AMDPCG
| Q1 26 | 2.14× | — | ||
| Q4 25 | 1.72× | 2.93× | ||
| Q3 25 | 1.74× | 3.35× | ||
| Q2 25 | 2.31× | 1.93× | ||
| Q1 25 | 1.32× | 4.49× | ||
| Q4 24 | 2.70× | 2.87× | ||
| Q3 24 | 0.81× | 5.41× | ||
| Q2 24 | 2.24× | 1.36× |
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
| Data Center Segment | $5.8B | 56% |
| Client | $2.9B | 28% |
| Embedded Segment | $873.0M | 9% |
| Gaming | $720.0M | 7% |
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
