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Amentum Holdings, Inc.（AMTM）与新思科技（SNPS）财务数据对比。点击上方公司名可切换其他公司
Amentum Holdings, Inc.的季度营收约是新思科技的1.4倍（$3.2B vs $2.3B），新思科技净利率更高（19.9% vs 1.4%，领先18.5%），新思科技同比增速更快（50.6% vs -5.2%），新思科技自由现金流更多（$605.2M vs $-142.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs 16.9%）
本公司是总部位于美国达拉斯的跨国技术专业服务企业，面向全球企业、机构及政府部门客户提供工程、技术、建设服务以及科学与专项咨询服务，连续6年蝉联《工程新闻纪录》（ENR）全球顶尖设计企业500强榜首。
新思科技是总部位于美国加利福尼亚州森尼韦尔的跨国电子设计自动化（EDA）龙头企业，专注于硅芯片设计与验证、电子系统级设计验证及可复用组件研发，为全球半导体设计与制造行业提供专业工具及配套服务。
AMTM vs SNPS — 直观对比
营收规模更大
AMTM
是对方的1.4倍
$2.3B
营收增速更快
SNPS
高出55.8%
-5.2%
净利率更高
SNPS
高出18.5%
1.4%
自由现金流更多
SNPS
多$747.2M
$-142.0M
两年增速更快
AMTM
近两年复合增速
16.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.3B |
| 净利润 | $44.0M | $448.7M |
| 毛利率 | 10.1% | 71.0% |
| 营业利润率 | 4.3% | 5.4% |
| 净利率 | 1.4% | 19.9% |
| 营收同比 | -5.2% | 50.6% |
| 净利润同比 | 266.7% | -59.7% |
| 每股收益（稀释后） | $0.18 | $2.44 |
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AMTMSNPS
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $2.3B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $3.6B | $1.6B | ||
| Q1 25 | $3.5B | $1.5B | ||
| Q4 24 | $3.4B | $1.5B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $2.1B | $1.5B |
净利润AMTMSNPS
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $448.7M | ||
| Q3 25 | — | $242.5M | ||
| Q2 25 | $10.0M | $345.3M | ||
| Q1 25 | $4.0M | $295.7M | ||
| Q4 24 | $12.0M | $1.1B | ||
| Q3 24 | $26.0M | $408.1M | ||
| Q2 24 | $-26.0M | $292.1M |
毛利率AMTMSNPS
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | 71.0% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | 10.3% | 80.2% | ||
| Q1 25 | 10.5% | 81.4% | ||
| Q4 24 | 10.6% | 78.3% | ||
| Q3 24 | 9.0% | 80.9% | ||
| Q2 24 | 9.6% | 79.4% |
营业利润率AMTMSNPS
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | 5.4% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | 2.9% | 23.5% | ||
| Q1 25 | 3.2% | 17.3% | ||
| Q4 24 | 3.9% | 20.3% | ||
| Q3 24 | 1.2% | 23.6% | ||
| Q2 24 | 4.2% | 22.8% |
净利率AMTMSNPS
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | 19.9% | ||
| Q3 25 | — | 13.9% | ||
| Q2 25 | 0.3% | 21.5% | ||
| Q1 25 | 0.1% | 20.3% | ||
| Q4 24 | 0.4% | 74.4% | ||
| Q3 24 | 1.2% | 26.7% | ||
| Q2 24 | -1.2% | 20.1% |
每股收益（稀释后）AMTMSNPS
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | $2.44 | ||
| Q3 25 | — | $1.50 | ||
| Q2 25 | $0.04 | $2.21 | ||
| Q1 25 | $0.02 | $1.89 | ||
| Q4 24 | $0.05 | $7.13 | ||
| Q3 24 | $0.31 | $2.61 | ||
| Q2 24 | $-0.29 | $1.88 |
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 | $247.0M | $3.0B |
| 总债务越低越好 | $3.9B | $13.5B |
| 股东权益账面价值 | $4.6B | $28.3B |
| 总资产 | $11.2B | $48.2B |
| 负债/权益比越低杠杆越低 | 0.86× | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资AMTMSNPS
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | $3.0B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | $738.0M | $14.3B | ||
| Q1 25 | $546.0M | $3.8B | ||
| Q4 24 | $522.0M | $4.1B | ||
| Q3 24 | $452.0M | $2.0B | ||
| Q2 24 | — | $1.7B |
总债务AMTMSNPS
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $13.5B | ||
| Q3 25 | — | $14.3B | ||
| Q2 25 | $4.5B | $10.1B | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.7B | — | ||
| Q2 24 | — | — |
股东权益AMTMSNPS
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $28.3B | ||
| Q3 25 | — | $27.6B | ||
| Q2 25 | $4.5B | $9.9B | ||
| Q1 25 | $4.4B | $9.3B | ||
| Q4 24 | $4.5B | $9.0B | ||
| Q3 24 | $4.5B | $7.7B | ||
| Q2 24 | $303.0M | $7.2B |
总资产AMTMSNPS
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $48.2B | ||
| Q3 25 | — | $48.2B | ||
| Q2 25 | $11.8B | $23.8B | ||
| Q1 25 | $12.0B | $13.0B | ||
| Q4 24 | $11.9B | $13.1B | ||
| Q3 24 | $12.0B | $11.6B | ||
| Q2 24 | — | $11.0B |
负债/权益比AMTMSNPS
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.88× | 0.48× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | 1.01× | 1.01× | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 1.05× | — | ||
| Q3 24 | 1.05× | — | ||
| 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 | $-136.0M | $639.7M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $605.2M |
| 自由现金流率自由现金流/营收 | -4.4% | 26.8% |
| 资本支出强度资本支出/营收 | 0.2% | 1.5% |
| 现金转化率经营现金流/净利润 | -3.09× | 1.43× |
| 过去12个月自由现金流最近4个季度 | $272.0M | $1.3B |
8季度趋势，按日历期对齐
经营现金流AMTMSNPS
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $639.7M | ||
| Q3 25 | — | $671.0M | ||
| Q2 25 | $106.0M | $275.4M | ||
| Q1 25 | $57.0M | $-67.5M | ||
| Q4 24 | $110.0M | $562.8M | ||
| Q3 24 | — | $455.4M | ||
| Q2 24 | — | $476.6M |
自由现金流AMTMSNPS
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $605.2M | ||
| Q3 25 | — | $632.4M | ||
| Q2 25 | $100.0M | $219.8M | ||
| Q1 25 | $53.0M | $-108.2M | ||
| Q4 24 | $102.0M | $558.4M | ||
| Q3 24 | — | $415.4M | ||
| Q2 24 | — | $438.2M |
自由现金流率AMTMSNPS
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | 26.8% | ||
| Q3 25 | — | 36.3% | ||
| Q2 25 | 2.8% | 13.7% | ||
| Q1 25 | 1.5% | -7.4% | ||
| Q4 24 | 3.0% | 37.3% | ||
| Q3 24 | — | 27.2% | ||
| Q2 24 | — | 30.1% |
资本支出强度AMTMSNPS
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 1.5% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | 0.2% | 3.5% | ||
| Q1 25 | 0.1% | 2.8% | ||
| Q4 24 | 0.2% | 0.3% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 2.6% |
现金转化率AMTMSNPS
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | 1.43× | ||
| Q3 25 | — | 2.77× | ||
| Q2 25 | 10.60× | 0.80× | ||
| Q1 25 | 14.25× | -0.23× | ||
| Q4 24 | 9.17× | 0.51× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.63× |
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
AMTM
| Global Engineering Solutions Segment | $1.9B | 59% |
| Other U.S.Government Agencies | $400.0M | 12% |
| Fixed Price Contract | $380.0M | 12% |
| Commercial And International | $226.0M | 7% |
| Time And Materials Contract | $171.0M | 5% |
| Sales Channel Through Intermediary | $78.0M | 2% |
| Equity Method Investee | $50.0M | 2% |
SNPS
| License And Maintenance | $940.7M | 42% |
| Other | $640.0M | 28% |
| Design IP Segment | $407.1M | 18% |
| KR | $236.9M | 11% |
| Sales Based Royalties | $30.1M | 1% |
