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超威半导体（AMD）与百事公司（PEP）财务数据对比。点击上方公司名可切换其他公司
百事公司的季度营收约是超威半导体的1.9倍（$19.4B vs $10.3B），超威半导体净利率更高（13.5% vs 12.0%，领先1.5%），超威半导体同比增速更快（37.8% vs 8.5%），过去两年超威半导体的营收复合增速更高（32.6% vs -7.0%）
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。
百事公司是总部位于美国纽约州珀彻斯的跨国食品饮料巨头，1965年由百事可乐公司与菲多利公司合并组建。其业务覆盖食品饮料全品类，负责旗下产品的生产、分销及营销推广，产品线已从最初的百事可乐拓展为丰富多元的品牌矩阵。
AMD vs PEP — 直观对比
营收规模更大
PEP
是对方的1.9倍
$10.3B
营收增速更快
AMD
高出29.3%
8.5%
净利率更高
AMD
高出1.5%
12.0%
两年增速更快
AMD
近两年复合增速
-7.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $19.4B |
| 净利润 | $1.4B | $2.3B |
| 毛利率 | 52.8% | 55.2% |
| 营业利润率 | 14.4% | 16.5% |
| 净利率 | 13.5% | 12.0% |
| 营收同比 | 37.8% | 8.5% |
| 净利润同比 | 95.1% | — |
| 每股收益（稀释后） | $0.84 | — |
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AMDPEP
| Q1 26 | $10.3B | $19.4B | ||
| Q4 25 | $10.3B | $29.3B | ||
| Q3 25 | $9.2B | $23.9B | ||
| Q2 25 | $7.7B | $22.7B | ||
| Q1 25 | $7.4B | $17.9B | ||
| Q4 24 | $7.7B | $27.8B | ||
| Q3 24 | $6.8B | $23.3B | ||
| Q2 24 | $5.8B | $22.5B |
净利润AMDPEP
| Q1 26 | $1.4B | $2.3B | ||
| Q4 25 | $1.5B | $2.5B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $872.0M | $1.3B | ||
| Q1 25 | $709.0M | $1.8B | ||
| Q4 24 | $482.0M | $1.5B | ||
| Q3 24 | $771.0M | $2.9B | ||
| Q2 24 | $265.0M | $3.1B |
毛利率AMDPEP
| Q1 26 | 52.8% | 55.2% | ||
| Q4 25 | 54.3% | 53.2% | ||
| Q3 25 | 51.7% | 53.6% | ||
| Q2 25 | 39.8% | 54.7% | ||
| Q1 25 | 50.2% | 55.8% | ||
| Q4 24 | 50.7% | 52.6% | ||
| Q3 24 | 50.1% | 55.4% | ||
| Q2 24 | 49.1% | 55.9% |
营业利润率AMDPEP
| Q1 26 | 14.4% | 16.5% | ||
| Q4 25 | 17.1% | 12.1% | ||
| Q3 25 | 13.7% | 14.9% | ||
| Q2 25 | -1.7% | 7.9% | ||
| Q1 25 | 10.8% | 14.4% | ||
| Q4 24 | 11.4% | 8.1% | ||
| Q3 24 | 10.6% | 16.6% | ||
| Q2 24 | 4.6% | 18.0% |
净利率AMDPEP
| Q1 26 | 13.5% | 12.0% | ||
| Q4 25 | 14.7% | 8.7% | ||
| Q3 25 | 13.4% | 10.9% | ||
| Q2 25 | 11.3% | 5.6% | ||
| Q1 25 | 9.5% | 10.2% | ||
| Q4 24 | 6.3% | 5.5% | ||
| Q3 24 | 11.3% | 12.6% | ||
| Q2 24 | 4.5% | 13.7% |
每股收益（稀释后）AMDPEP
| Q1 26 | $0.84 | — | ||
| Q4 25 | $0.92 | $1.85 | ||
| Q3 25 | $0.75 | $1.90 | ||
| Q2 25 | $0.54 | $0.92 | ||
| Q1 25 | $0.44 | $1.33 | ||
| Q4 24 | $0.30 | $1.11 | ||
| Q3 24 | $0.47 | $2.13 | ||
| Q2 24 | $0.16 | $2.23 |
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 | $10.8B |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $64.5B | $21.5B |
| 总资产 | $79.6B | $110.6B |
| 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AMDPEP
| Q1 26 | $12.3B | $10.8B | ||
| Q4 25 | $10.6B | $9.5B | ||
| Q3 25 | $7.2B | $8.7B | ||
| Q2 25 | $5.9B | $8.0B | ||
| Q1 25 | $7.3B | $8.6B | ||
| Q4 24 | $5.1B | $9.3B | ||
| Q3 24 | $4.5B | $8.1B | ||
| Q2 24 | $5.3B | $6.7B |
总债务AMDPEP
| Q1 26 | $2.4B | — | ||
| Q4 25 | — | $42.3B | ||
| Q3 25 | — | $44.1B | ||
| Q2 25 | — | $39.3B | ||
| Q1 25 | — | $39.4B | ||
| Q4 24 | — | $37.2B | ||
| Q3 24 | — | $38.5B | ||
| Q2 24 | — | $36.6B |
股东权益AMDPEP
| Q1 26 | $64.5B | $21.5B | ||
| Q4 25 | $63.0B | $20.4B | ||
| Q3 25 | $60.8B | $19.4B | ||
| Q2 25 | $59.7B | $18.4B | ||
| Q1 25 | $57.9B | $18.4B | ||
| Q4 24 | $57.6B | $18.0B | ||
| Q3 24 | $57.0B | $19.5B | ||
| Q2 24 | $56.5B | $19.4B |
总资产AMDPEP
| Q1 26 | $79.6B | $110.6B | ||
| Q4 25 | $76.9B | $107.4B | ||
| Q3 25 | $76.9B | $106.6B | ||
| Q2 25 | $74.8B | $105.3B | ||
| Q1 25 | $71.5B | $101.7B | ||
| Q4 24 | $69.2B | $99.5B | ||
| Q3 24 | $69.6B | $100.5B | ||
| Q2 24 | $67.9B | $99.5B |
负债/权益比AMDPEP
| Q1 26 | 0.04× | — | ||
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | — | 2.14× | ||
| Q1 25 | — | 2.14× | ||
| Q4 24 | — | 2.06× | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 1.88× |
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AMDPEP
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.6B | $6.6B | ||
| Q3 25 | $2.2B | $4.5B | ||
| Q2 25 | $2.0B | $2.0B | ||
| Q1 25 | $939.0M | $-973.0M | ||
| Q4 24 | $1.3B | $6.3B | ||
| Q3 24 | $628.0M | $4.9B | ||
| Q2 24 | $593.0M | $2.4B |
自由现金流AMDPEP
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.4B | $4.7B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $727.0M | $-1.6B | ||
| Q4 24 | $1.1B | $3.8B | ||
| Q3 24 | $496.0M | $3.8B | ||
| Q2 24 | $439.0M | $1.3B |
自由现金流率AMDPEP
| Q1 26 | 25.0% | — | ||
| Q4 25 | 23.2% | 16.0% | ||
| Q3 25 | 20.6% | 14.5% | ||
| Q2 25 | 22.5% | 4.7% | ||
| Q1 25 | 9.8% | -8.8% | ||
| Q4 24 | 14.2% | 13.7% | ||
| Q3 24 | 7.3% | 16.1% | ||
| Q2 24 | 7.5% | 5.6% |
资本支出强度AMDPEP
| Q1 26 | 3.8% | — | ||
| Q4 25 | 2.2% | 6.5% | ||
| Q3 25 | 2.8% | 4.1% | ||
| Q2 25 | 3.7% | 4.0% | ||
| Q1 25 | 2.9% | 3.4% | ||
| Q4 24 | 2.7% | 8.9% | ||
| Q3 24 | 1.9% | 4.9% | ||
| Q2 24 | 2.6% | 4.8% |
现金转化率AMDPEP
| Q1 26 | 2.14× | — | ||
| Q4 25 | 1.72× | 2.61× | ||
| Q3 25 | 1.74× | 1.72× | ||
| Q2 25 | 2.31× | 1.56× | ||
| Q1 25 | 1.32× | -0.53× | ||
| Q4 24 | 2.70× | 4.13× | ||
| Q3 24 | 0.81× | 1.67× | ||
| Q2 24 | 2.24× | 0.76× |
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% |
PEP
暂无分部数据
