vs
安靠科技（AMKR）与Coinbase（COIN）财务数据对比。点击上方公司名可切换其他公司
Coinbase的季度营收约是安靠科技的1.1倍（$1.8B vs $1.7B），安靠科技净利率更高（4.9% vs -37.4%，领先42.4%），安靠科技同比增速更快（27.5% vs -21.6%），过去两年安靠科技的营收复合增速更高（7.4% vs 4.3%）
安靠科技是全球领先的半导体封装与测试服务供应商，成立于1968年，2005年将总部从美国宾夕法尼亚州西切斯特迁至亚利桑那州，先后落脚于钱德勒和坦佩。截至2022年，集团全球员工约3.1万名，年销售额达71亿美元，为半导体行业客户提供专业的封装测试解决方案。
Coinbase是美国知名加密货币交易所，2012年由布莱恩·阿姆斯特朗与弗雷德·埃尔萨姆联合创立。截至2024年，平台拥有超1亿用户，业务覆盖100多个国家，是美国最大加密货币交易所、全球最大比特币托管机构，托管总资产近5160亿美元，持有约12%的流通比特币及11%的质押以太币。
AMKR vs COIN — 直观对比
营收规模更大
COIN
是对方的1.1倍
$1.7B
营收增速更快
AMKR
高出49.1%
-21.6%
净利率更高
AMKR
高出42.4%
-37.4%
两年增速更快
AMKR
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.8B |
| 净利润 | $83.0M | $-666.7M |
| 毛利率 | 14.2% | — |
| 营业利润率 | 5.9% | 15.4% |
| 净利率 | 4.9% | -37.4% |
| 营收同比 | 27.5% | -21.6% |
| 净利润同比 | 295.2% | -151.6% |
| 每股收益（稀释后） | $0.33 | $-2.43 |
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AMKRCOIN
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.9B | $1.8B | ||
| Q3 25 | $2.0B | $1.9B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.3B | $2.0B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.9B | $1.2B | ||
| Q2 24 | $1.5B | $1.4B |
净利润AMKRCOIN
| Q1 26 | $83.0M | — | ||
| Q4 25 | $171.8M | $-666.7M | ||
| Q3 25 | $126.6M | $432.6M | ||
| Q2 25 | $54.4M | $1.4B | ||
| Q1 25 | $21.1M | $65.6M | ||
| Q4 24 | $105.6M | $1.3B | ||
| Q3 24 | $122.6M | $75.5M | ||
| Q2 24 | $66.9M | $36.1M |
毛利率AMKRCOIN
| Q1 26 | 14.2% | — | ||
| Q4 25 | 16.7% | — | ||
| Q3 25 | 14.3% | — | ||
| Q2 25 | 12.0% | — | ||
| Q1 25 | 11.9% | — | ||
| Q4 24 | 15.1% | — | ||
| Q3 24 | 14.6% | — | ||
| Q2 24 | 14.5% | — |
营业利润率AMKRCOIN
| Q1 26 | 5.9% | — | ||
| Q4 25 | 9.8% | 15.4% | ||
| Q3 25 | 8.0% | 25.7% | ||
| Q2 25 | 6.1% | -1.6% | ||
| Q1 25 | 2.4% | 34.7% | ||
| Q4 24 | 8.3% | 45.5% | ||
| Q3 24 | 8.0% | 14.1% | ||
| Q2 24 | 5.6% | 23.7% |
净利率AMKRCOIN
| Q1 26 | 4.9% | — | ||
| Q4 25 | 9.1% | -37.4% | ||
| Q3 25 | 6.4% | 23.1% | ||
| Q2 25 | 3.6% | 95.4% | ||
| Q1 25 | 1.6% | 3.2% | ||
| Q4 24 | 6.5% | 56.8% | ||
| Q3 24 | 6.6% | 6.3% | ||
| Q2 24 | 4.6% | 2.5% |
每股收益（稀释后）AMKRCOIN
| Q1 26 | $0.33 | — | ||
| Q4 25 | $0.68 | $-2.43 | ||
| Q3 25 | $0.51 | $1.50 | ||
| Q2 25 | $0.22 | $5.14 | ||
| Q1 25 | $0.09 | $0.24 | ||
| Q4 24 | $0.43 | $4.66 | ||
| Q3 24 | $0.49 | $0.28 | ||
| Q2 24 | $0.27 | $0.14 |
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 | $1.8B | $11.6B |
| 总债务越低越好 | $1.3B | $7.2B |
| 股东权益账面价值 | $4.6B | $14.8B |
| 总资产 | $8.3B | $29.7B |
| 负债/权益比越低杠杆越低 | 0.28× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资AMKRCOIN
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.0B | $11.6B | ||
| Q3 25 | $2.1B | $9.8B | ||
| Q2 25 | $2.0B | $7.5B | ||
| Q1 25 | $1.6B | $8.1B | ||
| Q4 24 | $1.6B | $8.5B | ||
| Q3 24 | $1.5B | $7.7B | ||
| Q2 24 | $1.5B | $7.2B |
总债务AMKRCOIN
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $7.2B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $4.2B |
股东权益AMKRCOIN
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $14.8B | ||
| Q3 25 | $4.3B | $16.0B | ||
| Q2 25 | $4.2B | $12.1B | ||
| Q1 25 | $4.2B | $10.5B | ||
| Q4 24 | $4.1B | $10.3B | ||
| Q3 24 | $4.2B | $8.7B | ||
| Q2 24 | $4.0B | $8.4B |
总资产AMKRCOIN
| Q1 26 | $8.3B | — | ||
| Q4 25 | $8.1B | $29.7B | ||
| Q3 25 | $8.2B | $31.4B | ||
| Q2 25 | $7.7B | $23.5B | ||
| Q1 25 | $6.9B | $21.7B | ||
| Q4 24 | $6.9B | $22.5B | ||
| Q3 24 | $7.0B | $290.6B | ||
| Q2 24 | $6.9B | $287.0B |
负债/权益比AMKRCOIN
| Q1 26 | 0.28× | — | ||
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.51× |
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 | $145.1M | $3.1B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 29.0% | — |
| 现金转化率经营现金流/净利润 | 1.75× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AMKRCOIN
| Q1 26 | $145.1M | — | ||
| Q4 25 | $644.5M | $3.1B | ||
| Q3 25 | $168.5M | $-784.5M | ||
| Q2 25 | $258.5M | $328.5M | ||
| Q1 25 | $24.1M | $-182.7M | ||
| Q4 24 | $537.6M | $964.6M | ||
| Q3 24 | $164.2M | $696.5M | ||
| Q2 24 | $224.8M | $484.2M |
自由现金流AMKRCOIN
| Q1 26 | — | — | ||
| Q4 25 | $212.4M | — | ||
| Q3 25 | $-77.9M | — | ||
| Q2 25 | $112.3M | — | ||
| Q1 25 | $-55.7M | — | ||
| Q4 24 | $251.9M | — | ||
| Q3 24 | $-31.3M | — | ||
| Q2 24 | $58.4M | — |
自由现金流率AMKRCOIN
| Q1 26 | — | — | ||
| Q4 25 | 11.2% | — | ||
| Q3 25 | -3.9% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | -4.2% | — | ||
| Q4 24 | 15.5% | — | ||
| Q3 24 | -1.7% | — | ||
| Q2 24 | 4.0% | — |
资本支出强度AMKRCOIN
| Q1 26 | 29.0% | — | ||
| Q4 25 | 22.9% | — | ||
| Q3 25 | 12.4% | — | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 10.5% | — | ||
| Q2 24 | 11.4% | — |
现金转化率AMKRCOIN
| Q1 26 | 1.75× | — | ||
| Q4 25 | 3.75× | — | ||
| Q3 25 | 1.33× | -1.81× | ||
| Q2 25 | 4.75× | 0.23× | ||
| Q1 25 | 1.14× | -2.79× | ||
| Q4 24 | 5.09× | 0.75× | ||
| Q3 24 | 1.34× | 9.23× | ||
| Q2 24 | 3.36× | 13.39× |
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
AMKR
| Advanced products (1) | $1.4B | 81% |
| Mainstream products (2) | $313.0M | 19% |
COIN
| Bank Servicing Consumer Net | $733.9M | 41% |
| Subscription And Circulation | $727.4M | 41% |
| Bank Servicing Institutional | $185.0M | 10% |
| Other Revenue | $71.1M | 4% |
| Bank Servicing Other | $63.8M | 4% |
| Related Party | $1.3M | 0% |
