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Array Technologies, Inc.（ARRY）与CSW INDUSTRIALS, INC.（CSW）财务数据对比。点击上方公司名可切换其他公司
CSW INDUSTRIALS, INC.的季度营收约是Array Technologies, Inc.的1.0倍（$233.0M vs $226.0M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs -64.5%，领先68.9%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs -17.9%），Array Technologies, Inc.自由现金流更多（$36.2M vs $22.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -6.0%）
ATI科技是原加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器与芯片组的研发，1985年成立，1993年公开上市，2006年被AMD收购。作为全球知名的无晶圆厂半导体厂商，其掌握自研核心技术，生产组装环节采用外包模式。2000年3dfx破产后，ATI成为全球图形芯片领域的核心厂商之一。
ARRY vs CSW — 直观对比
营收规模更大
CSW
是对方的1.0倍
$226.0M
营收增速更快
CSW
高出38.2%
-17.9%
净利率更高
CSW
高出68.9%
-64.5%
自由现金流更多
ARRY
多$13.4M
$22.7M
两年增速更快
CSW
近两年复合增速
-6.0%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $233.0M |
| 净利润 | $-145.7M | $10.3M |
| 毛利率 | 8.6% | 39.7% |
| 营业利润率 | 25.9% | 7.4% |
| 净利率 | -64.5% | 4.4% |
| 营收同比 | -17.9% | 20.3% |
| 净利润同比 | -179.0% | -61.9% |
| 每股收益（稀释后） | $-1.06 | $0.62 |
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ARRYCSW
| Q1 26 | $226.0M | — | ||
| Q4 25 | $226.0M | $233.0M | ||
| Q3 25 | $393.5M | $277.0M | ||
| Q2 25 | $362.2M | $263.6M | ||
| Q1 25 | $302.4M | $230.5M | ||
| Q4 24 | $275.2M | $193.6M | ||
| Q3 24 | $231.4M | $227.9M | ||
| Q2 24 | $255.8M | $226.2M |
净利润ARRYCSW
| Q1 26 | $-145.7M | — | ||
| Q4 25 | — | $10.3M | ||
| Q3 25 | $33.5M | $40.7M | ||
| Q2 25 | $43.3M | $40.9M | ||
| Q1 25 | $16.7M | $35.1M | ||
| Q4 24 | — | $26.9M | ||
| Q3 24 | $-141.4M | $36.1M | ||
| Q2 24 | $25.7M | $38.6M |
毛利率ARRYCSW
| Q1 26 | 8.6% | — | ||
| Q4 25 | 8.6% | 39.7% | ||
| Q3 25 | 26.9% | 43.0% | ||
| Q2 25 | 26.8% | 43.8% | ||
| Q1 25 | 25.3% | 44.2% | ||
| Q4 24 | 28.5% | 41.4% | ||
| Q3 24 | 33.8% | 45.6% | ||
| Q2 24 | 33.6% | 47.5% |
营业利润率ARRYCSW
| Q1 26 | 25.9% | — | ||
| Q4 25 | -65.5% | 7.4% | ||
| Q3 25 | 11.6% | 20.5% | ||
| Q2 25 | 12.8% | 20.8% | ||
| Q1 25 | 9.0% | 19.5% | ||
| Q4 24 | -51.7% | 15.3% | ||
| Q3 24 | -57.3% | 22.6% | ||
| Q2 24 | 15.5% | 24.3% |
净利率ARRYCSW
| Q1 26 | -64.5% | — | ||
| Q4 25 | — | 4.4% | ||
| Q3 25 | 8.5% | 14.7% | ||
| Q2 25 | 11.9% | 15.5% | ||
| Q1 25 | 5.5% | 15.2% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | -61.1% | 15.8% | ||
| Q2 24 | 10.0% | 17.1% |
每股收益（稀释后）ARRYCSW
| Q1 26 | $-1.06 | — | ||
| Q4 25 | $-1.06 | $0.62 | ||
| Q3 25 | $0.12 | $2.41 | ||
| Q2 25 | $0.19 | $2.43 | ||
| Q1 25 | $0.02 | $2.05 | ||
| Q4 24 | $-0.94 | $1.60 | ||
| Q3 24 | $-1.02 | $2.26 | ||
| Q2 24 | $0.08 | $2.47 |
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 | $244.4M | $40.2M |
| 总债务越低越好 | $669.0M | — |
| 股东权益账面价值 | $-206.3M | $1.1B |
| 总资产 | $1.5B | $2.3B |
| 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ARRYCSW
| Q1 26 | $244.4M | — | ||
| Q4 25 | $244.4M | $40.2M | ||
| Q3 25 | $221.5M | $31.5M | ||
| Q2 25 | $377.3M | $38.0M | ||
| Q1 25 | $348.3M | $225.8M | ||
| Q4 24 | $363.0M | $213.8M | ||
| Q3 24 | $332.4M | $273.2M | ||
| Q2 24 | $282.3M | $18.9M |
总债务ARRYCSW
| Q1 26 | $669.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $800.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ARRYCSW
| Q1 26 | $-206.3M | — | ||
| Q4 25 | $-206.3M | $1.1B | ||
| Q3 25 | $-46.7M | $1.1B | ||
| Q2 25 | $-70.9M | $1.1B | ||
| Q1 25 | $-97.8M | $1.1B | ||
| Q4 24 | $-118.1M | $1.0B | ||
| Q3 24 | $64.5M | $1.0B | ||
| Q2 24 | $200.0M | $650.2M |
总资产ARRYCSW
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $2.3B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.7B | $1.1B |
负债/权益比ARRYCSW
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $43.6M | $28.9M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $22.7M |
| 自由现金流率自由现金流/营收 | 16.0% | 9.8% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.81× |
| 过去12个月自由现金流最近4个季度 | $131.4M | $162.0M |
8季度趋势，按日历期对齐
经营现金流ARRYCSW
| Q1 26 | $43.6M | — | ||
| Q4 25 | $43.6M | $28.9M | ||
| Q3 25 | $27.4M | $61.8M | ||
| Q2 25 | $43.8M | $60.6M | ||
| Q1 25 | $-13.1M | $27.3M | ||
| Q4 24 | $57.6M | $11.6M | ||
| Q3 24 | $44.9M | $66.8M | ||
| Q2 24 | $4.0M | $62.7M |
自由现金流ARRYCSW
| Q1 26 | $36.2M | — | ||
| Q4 25 | $36.2M | $22.7M | ||
| Q3 25 | $21.9M | $58.7M | ||
| Q2 25 | $37.2M | $57.7M | ||
| Q1 25 | $-15.4M | $22.8M | ||
| Q4 24 | $55.9M | $8.5M | ||
| Q3 24 | $43.9M | $61.3M | ||
| Q2 24 | $1.8M | $59.6M |
自由现金流率ARRYCSW
| Q1 26 | 16.0% | — | ||
| Q4 25 | 16.0% | 9.8% | ||
| Q3 25 | 5.6% | 21.2% | ||
| Q2 25 | 10.3% | 21.9% | ||
| Q1 25 | -5.1% | 9.9% | ||
| Q4 24 | 20.3% | 4.4% | ||
| Q3 24 | 19.0% | 26.9% | ||
| Q2 24 | 0.7% | 26.3% |
资本支出强度ARRYCSW
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | 2.6% | ||
| Q3 25 | 1.4% | 1.1% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 0.8% | 2.0% | ||
| Q4 24 | 0.6% | 1.6% | ||
| Q3 24 | 0.5% | 2.4% | ||
| Q2 24 | 0.8% | 1.4% |
现金转化率ARRYCSW
| Q1 26 | — | — | ||
| Q4 25 | — | 2.81× | ||
| Q3 25 | 0.82× | 1.52× | ||
| Q2 25 | 1.01× | 1.48× | ||
| Q1 25 | -0.78× | 0.78× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 1.85× | ||
| Q2 24 | 0.15× | 1.62× |
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
ARRY
暂无分部数据
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
