vs
ALPHA & OMEGA SEMICONDUCTOR Ltd（AOSL）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Rocket Lab Corp的季度营收约是ALPHA & OMEGA SEMICONDUCTOR Ltd的1.1倍（$179.7M vs $162.3M），ALPHA & OMEGA SEMICONDUCTOR Ltd净利率更高（-8.2% vs -29.5%，领先21.3%），Rocket Lab Corp同比增速更快（35.7% vs -6.3%），ALPHA & OMEGA SEMICONDUCTOR Ltd自由现金流更多（$-23.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 4.0%）
Alpha & Omega Semiconductor是一家专业功率半导体供应商，主营功率MOSFET、IGBT、模拟芯片及电源管理模块的研发、生产与销售，产品广泛应用于消费电子、工业设备、汽车、通信和计算等领域，业务覆盖全球主要市场。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
AOSL vs RKLB — 直观对比
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $162.3M | $179.7M |
| 净利润 | $-13.3M | $-52.9M |
| 毛利率 | 21.5% | 38.0% |
| 营业利润率 | -8.4% | -28.4% |
| 净利率 | -8.2% | -29.5% |
| 营收同比 | -6.3% | 35.7% |
| 净利润同比 | -101.0% | -1.1% |
| 每股收益（稀释后） | $-0.45 | $-0.09 |
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
| Q4 25 | $162.3M | $179.7M | ||
| Q3 25 | $182.5M | $155.1M | ||
| Q2 25 | $176.5M | $144.5M | ||
| Q1 25 | $164.6M | $122.6M | ||
| Q4 24 | $173.2M | $132.4M | ||
| Q3 24 | $181.9M | $104.8M | ||
| Q2 24 | $161.3M | $106.3M | ||
| Q1 24 | $150.1M | $92.8M |
| Q4 25 | $-13.3M | $-52.9M | ||
| Q3 25 | $-2.1M | $-18.3M | ||
| Q2 25 | $-77.1M | $-66.4M | ||
| Q1 25 | $-10.8M | $-60.6M | ||
| Q4 24 | $-6.6M | $-52.3M | ||
| Q3 24 | $-2.5M | $-51.9M | ||
| Q2 24 | $-2.7M | $-41.6M | ||
| Q1 24 | $-11.2M | $-44.3M |
| Q4 25 | 21.5% | 38.0% | ||
| Q3 25 | 23.5% | 37.0% | ||
| Q2 25 | 23.4% | 32.1% | ||
| Q1 25 | 21.4% | 28.8% | ||
| Q4 24 | 23.1% | 27.8% | ||
| Q3 24 | 24.5% | 26.7% | ||
| Q2 24 | 25.7% | 25.6% | ||
| Q1 24 | 23.7% | 26.1% |
| Q4 25 | -8.4% | -28.4% | ||
| Q3 25 | -2.5% | -38.0% | ||
| Q2 25 | -6.6% | -41.3% | ||
| Q1 25 | -6.5% | -48.3% | ||
| Q4 24 | -3.4% | -38.9% | ||
| Q3 24 | -0.1% | -49.5% | ||
| Q2 24 | -0.9% | -40.7% | ||
| Q1 24 | -7.0% | -46.4% |
| Q4 25 | -8.2% | -29.5% | ||
| Q3 25 | -1.2% | -11.8% | ||
| Q2 25 | -43.7% | -46.0% | ||
| Q1 25 | -6.6% | -49.5% | ||
| Q4 24 | -3.8% | -39.5% | ||
| Q3 24 | -1.4% | -49.6% | ||
| Q2 24 | -1.7% | -39.2% | ||
| Q1 24 | -7.5% | -47.7% |
| Q4 25 | $-0.45 | $-0.09 | ||
| Q3 25 | $-0.07 | $-0.03 | ||
| Q2 25 | $-2.61 | $-0.13 | ||
| Q1 25 | $-0.37 | $-0.12 | ||
| Q4 24 | $-0.23 | $-0.11 | ||
| Q3 24 | $-0.09 | $-0.10 | ||
| Q2 24 | $-0.09 | $-0.08 | ||
| Q1 24 | $-0.39 | $-0.09 |
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 | $196.3M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $818.8M | $1.7B |
| 总资产 | $1.0B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
| Q4 25 | $196.3M | $1.0B | ||
| Q3 25 | $223.5M | $976.7M | ||
| Q2 25 | $153.1M | $688.1M | ||
| Q1 25 | $169.4M | $428.4M | ||
| Q4 24 | $182.6M | $419.0M | ||
| Q3 24 | $176.0M | $442.4M | ||
| Q2 24 | $175.1M | $496.8M | ||
| Q1 24 | $174.4M | $492.5M |
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | $14.9M | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | $26.7M | $64.2M | ||
| Q1 24 | — | $66.8M |
| Q4 25 | $818.8M | $1.7B | ||
| Q3 25 | $834.1M | $1.3B | ||
| Q2 25 | $822.3M | $688.5M | ||
| Q1 25 | $886.3M | $431.3M | ||
| Q4 24 | $902.6M | $382.5M | ||
| Q3 24 | $895.3M | $419.8M | ||
| Q2 24 | $891.6M | $455.2M | ||
| Q1 24 | $888.9M | $478.9M |
| Q4 25 | $1.0B | $2.3B | ||
| Q3 25 | $1.0B | $2.2B | ||
| Q2 25 | $1.0B | $1.6B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | 0.02× | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | 0.03× | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $-8.1M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-23.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | -14.2% | -63.6% |
| 资本支出强度资本支出/营收 | 9.2% | 27.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-40.9M | $-321.8M |
8季度趋势，按日历期对齐
| Q4 25 | $-8.1M | $-64.5M | ||
| Q3 25 | $10.2M | $-23.5M | ||
| Q2 25 | $-2.8M | $-23.2M | ||
| Q1 25 | $7.4M | $-54.2M | ||
| Q4 24 | $14.1M | $-2.4M | ||
| Q3 24 | $11.0M | $-30.9M | ||
| Q2 24 | $7.1M | $-13.0M | ||
| Q1 24 | $28.2M | $-2.6M |
| Q4 25 | $-23.1M | $-114.2M | ||
| Q3 25 | $420.0K | $-69.4M | ||
| Q2 25 | $-17.2M | $-55.3M | ||
| Q1 25 | $-1.1M | $-82.9M | ||
| Q4 24 | $6.6M | $-23.9M | ||
| Q3 24 | $4.1M | $-41.9M | ||
| Q2 24 | $-210.0K | $-28.3M | ||
| Q1 24 | $20.5M | $-21.8M |
| Q4 25 | -14.2% | -63.6% | ||
| Q3 25 | 0.2% | -44.8% | ||
| Q2 25 | -9.7% | -38.3% | ||
| Q1 25 | -0.6% | -67.6% | ||
| Q4 24 | 3.8% | -18.1% | ||
| Q3 24 | 2.3% | -40.0% | ||
| Q2 24 | -0.1% | -26.7% | ||
| Q1 24 | 13.7% | -23.5% |
| Q4 25 | 9.2% | 27.6% | ||
| Q3 25 | 5.4% | 29.6% | ||
| Q2 25 | 8.1% | 22.2% | ||
| Q1 25 | 5.1% | 23.4% | ||
| Q4 24 | 4.3% | 16.3% | ||
| Q3 24 | 3.8% | 10.5% | ||
| Q2 24 | 4.5% | 14.4% | ||
| Q1 24 | 5.2% | 20.7% |
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
AOSL
| Power Discrete | $101.0M | 62% |
| Power Ic | $58.8M | 36% |
| Packaging And Testing Services | $2.5M | 2% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
