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超威半导体（AMD）与帕兰提尔科技（PLTR）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帕兰提尔科技的7.3倍（$10.3B vs $1.4B），帕兰提尔科技净利率更高（43.3% vs 14.7%，领先28.6%），帕兰提尔科技同比增速更快（70.0% vs 34.1%），超威半导体自由现金流更多（$2.4B vs $764.0M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 37.0%）
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。
帕兰提尔科技是美国上市企业，专注研发数据集成与分析平台，为政府机构、军方及各行业企业提供多源数据整合分析能力。旗下核心产品Gotham与Foundry可打通相互孤立的数据库，广泛支撑情报作业、反恐分析、执法工作及企业级数据分析场景。
AMD vs PLTR — 直观对比
营收规模更大
AMD
是对方的7.3倍
$1.4B
营收增速更快
PLTR
高出35.9%
34.1%
净利率更高
PLTR
高出28.6%
14.7%
自由现金流更多
AMD
多$1.6B
$764.0M
两年增速更快
PLTR
近两年复合增速
37.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $1.4B |
| 净利润 | $1.5B | $608.7M |
| 毛利率 | 54.3% | 84.6% |
| 营业利润率 | 17.1% | 40.9% |
| 净利率 | 14.7% | 43.3% |
| 营收同比 | 34.1% | 70.0% |
| 净利润同比 | 213.5% | 670.4% |
| 每股收益（稀释后） | $0.92 | $0.24 |
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AMDPLTR
| Q4 25 | $10.3B | $1.4B | ||
| Q3 25 | $9.2B | $1.2B | ||
| Q2 25 | $7.7B | $1.0B | ||
| Q1 25 | $7.4B | $883.9M | ||
| Q4 24 | $7.7B | $827.5M | ||
| Q3 24 | $6.8B | $725.5M | ||
| Q2 24 | $5.8B | $678.1M | ||
| Q1 24 | $5.5B | $634.3M |
净利润AMDPLTR
| Q4 25 | $1.5B | $608.7M | ||
| Q3 25 | $1.2B | $475.6M | ||
| Q2 25 | $872.0M | $326.7M | ||
| Q1 25 | $709.0M | $214.0M | ||
| Q4 24 | $482.0M | $79.0M | ||
| Q3 24 | $771.0M | $143.5M | ||
| Q2 24 | $265.0M | $134.1M | ||
| Q1 24 | $123.0M | $105.5M |
毛利率AMDPLTR
| Q4 25 | 54.3% | 84.6% | ||
| Q3 25 | 51.7% | 82.4% | ||
| Q2 25 | 39.8% | 80.8% | ||
| Q1 25 | 50.2% | 80.4% | ||
| Q4 24 | 50.7% | 78.9% | ||
| Q3 24 | 50.1% | 79.8% | ||
| Q2 24 | 49.1% | 81.0% | ||
| Q1 24 | 46.8% | 81.7% |
营业利润率AMDPLTR
| Q4 25 | 17.1% | 40.9% | ||
| Q3 25 | 13.7% | 33.3% | ||
| Q2 25 | -1.7% | 26.8% | ||
| Q1 25 | 10.8% | 19.9% | ||
| Q4 24 | 11.4% | 1.3% | ||
| Q3 24 | 10.6% | 15.6% | ||
| Q2 24 | 4.6% | 15.5% | ||
| Q1 24 | 0.7% | 12.8% |
净利率AMDPLTR
| Q4 25 | 14.7% | 43.3% | ||
| Q3 25 | 13.4% | 40.3% | ||
| Q2 25 | 11.3% | 32.6% | ||
| Q1 25 | 9.5% | 24.2% | ||
| Q4 24 | 6.3% | 9.5% | ||
| Q3 24 | 11.3% | 19.8% | ||
| Q2 24 | 4.5% | 19.8% | ||
| Q1 24 | 2.2% | 16.6% |
每股收益（稀释后）AMDPLTR
| Q4 25 | $0.92 | $0.24 | ||
| Q3 25 | $0.75 | $0.18 | ||
| Q2 25 | $0.54 | $0.13 | ||
| Q1 25 | $0.44 | $0.08 | ||
| Q4 24 | $0.30 | $0.03 | ||
| Q3 24 | $0.47 | $0.06 | ||
| Q2 24 | $0.16 | $0.06 | ||
| Q1 24 | $0.07 | $0.04 |
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 | $7.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $63.0B | $7.4B |
| 总资产 | $76.9B | $8.9B |
| 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AMDPLTR
| Q4 25 | $10.6B | $7.2B | ||
| Q3 25 | $7.2B | $6.4B | ||
| Q2 25 | $5.9B | $6.0B | ||
| Q1 25 | $7.3B | $5.4B | ||
| Q4 24 | $5.1B | $5.2B | ||
| Q3 24 | $4.5B | $4.6B | ||
| Q2 24 | $5.3B | $4.0B | ||
| Q1 24 | $6.0B | $3.9B |
股东权益AMDPLTR
| Q4 25 | $63.0B | $7.4B | ||
| Q3 25 | $60.8B | $6.6B | ||
| Q2 25 | $59.7B | $5.9B | ||
| Q1 25 | $57.9B | $5.4B | ||
| Q4 24 | $57.6B | $5.0B | ||
| Q3 24 | $57.0B | $4.5B | ||
| Q2 24 | $56.5B | $4.1B | ||
| Q1 24 | $56.2B | $3.8B |
总资产AMDPLTR
| Q4 25 | $76.9B | $8.9B | ||
| Q3 25 | $76.9B | $8.1B | ||
| Q2 25 | $74.8B | $7.4B | ||
| Q1 25 | $71.5B | $6.7B | ||
| Q4 24 | $69.2B | $6.3B | ||
| Q3 24 | $69.6B | $5.8B | ||
| Q2 24 | $67.9B | $5.2B | ||
| Q1 24 | $67.9B | $4.8B |
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 | $777.3M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $764.0M |
| 自由现金流率自由现金流/营收 | 23.2% | 54.3% |
| 资本支出强度资本支出/营收 | 2.2% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.72× | 1.28× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $2.1B |
8季度趋势，按日历期对齐
经营现金流AMDPLTR
| Q4 25 | $2.6B | $777.3M | ||
| Q3 25 | $2.2B | $507.7M | ||
| Q2 25 | $2.0B | $539.3M | ||
| Q1 25 | $939.0M | $310.3M | ||
| Q4 24 | $1.3B | $460.3M | ||
| Q3 24 | $628.0M | $419.8M | ||
| Q2 24 | $593.0M | $144.2M | ||
| Q1 24 | $521.0M | $129.6M |
自由现金流AMDPLTR
| Q4 25 | $2.4B | $764.0M | ||
| Q3 25 | $1.9B | $500.9M | ||
| Q2 25 | $1.7B | $531.6M | ||
| Q1 25 | $727.0M | $304.1M | ||
| Q4 24 | $1.1B | $457.2M | ||
| Q3 24 | $496.0M | $415.8M | ||
| Q2 24 | $439.0M | $141.3M | ||
| Q1 24 | $379.0M | $126.9M |
自由现金流率AMDPLTR
| Q4 25 | 23.2% | 54.3% | ||
| Q3 25 | 20.6% | 42.4% | ||
| Q2 25 | 22.5% | 53.0% | ||
| Q1 25 | 9.8% | 34.4% | ||
| Q4 24 | 14.2% | 55.3% | ||
| Q3 24 | 7.3% | 57.3% | ||
| Q2 24 | 7.5% | 20.8% | ||
| Q1 24 | 6.9% | 20.0% |
资本支出强度AMDPLTR
| Q4 25 | 2.2% | 0.9% | ||
| Q3 25 | 2.8% | 0.6% | ||
| Q2 25 | 3.7% | 0.8% | ||
| Q1 25 | 2.9% | 0.7% | ||
| Q4 24 | 2.7% | 0.4% | ||
| Q3 24 | 1.9% | 0.5% | ||
| Q2 24 | 2.6% | 0.4% | ||
| Q1 24 | 2.6% | 0.4% |
现金转化率AMDPLTR
| Q4 25 | 1.72× | 1.28× | ||
| Q3 25 | 1.74× | 1.07× | ||
| Q2 25 | 2.31× | 1.65× | ||
| Q1 25 | 1.32× | 1.45× | ||
| Q4 24 | 2.70× | 5.83× | ||
| Q3 24 | 0.81× | 2.92× | ||
| Q2 24 | 2.24× | 1.08× | ||
| Q1 24 | 4.24× | 1.23× |
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% |
PLTR
| Geographic Concentration Risk | $1.1B | 77% |
| Other | $330.4M | 23% |
