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AMTECH SYSTEMS INC（ASYS）与VEECO INSTRUMENTS INC（VECO）财务数据对比。点击上方公司名可切换其他公司
VEECO INSTRUMENTS INC的季度营收约是AMTECH SYSTEMS INC的8.7倍（$165.0M vs $19.0M）。VEECO INSTRUMENTS INC净利率更高（0.7% vs 0.6%，领先0.1%）。VEECO INSTRUMENTS INC同比增速更快（-9.4% vs -22.2%）。VEECO INSTRUMENTS INC自由现金流更多（$21.7M vs $3.8M）。过去两年VEECO INSTRUMENTS INC的营收复合增速更高（-2.8% vs -13.6%）
Amtech Systems Inc是一家全球领先的热处理及自动化设备制造商，核心产品面向半导体、光伏太阳能、LED生产领域，覆盖焊接、扩散、沉积等工艺设备，主要市场包括北美、东亚及西欧，服务电子元器件、清洁能源制造领域的头部客户。
维易科仪器公司是全球领先的资本设备供应商，总部位于美国，专注于设计和制造半导体及化合物半导体制造、数据存储、科研领域使用的工艺系统，产品广泛应用于先进封装、光子学、电力电子和显示技术等前沿领域。
ASYS vs VECO — 直观对比
营收规模更大
VECO
是对方的8.7倍
$19.0M
营收增速更快
VECO
高出12.8%
-22.2%
净利率更高
VECO
高出0.1%
0.6%
自由现金流更多
VECO
多$17.8M
$3.8M
两年增速更快
VECO
近两年复合增速
-13.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $19.0M | $165.0M |
| 净利润 | $108.0K | $1.1M |
| 毛利率 | 44.8% | 36.7% |
| 营业利润率 | 4.1% | -0.8% |
| 净利率 | 0.6% | 0.7% |
| 营收同比 | -22.2% | -9.4% |
| 净利润同比 | -65.4% | -92.6% |
| 每股收益（稀释后） | $0.01 | $0.02 |
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ASYSVECO
| Q4 25 | $19.0M | $165.0M | ||
| Q3 25 | $19.8M | $165.9M | ||
| Q2 25 | $19.6M | $166.1M | ||
| Q1 25 | $15.6M | $167.3M | ||
| Q4 24 | $24.4M | $182.1M | ||
| Q3 24 | $24.1M | $184.8M | ||
| Q2 24 | $26.7M | $175.9M | ||
| Q1 24 | $25.4M | $174.5M |
净利润ASYSVECO
| Q4 25 | $108.0K | $1.1M | ||
| Q3 25 | $1.1M | $10.6M | ||
| Q2 25 | $106.0K | $11.7M | ||
| Q1 25 | $-31.8M | $11.9M | ||
| Q4 24 | $312.0K | $15.0M | ||
| Q3 24 | $-536.0K | $22.0M | ||
| Q2 24 | $438.0K | $14.9M | ||
| Q1 24 | $970.0K | $21.9M |
毛利率ASYSVECO
| Q4 25 | 44.8% | 36.7% | ||
| Q3 25 | 44.4% | 40.8% | ||
| Q2 25 | 46.7% | 41.4% | ||
| Q1 25 | -2.1% | 40.9% | ||
| Q4 24 | 38.4% | 40.6% | ||
| Q3 24 | 40.7% | 42.9% | ||
| Q2 24 | 36.5% | 42.9% | ||
| Q1 24 | 33.2% | 43.2% |
营业利润率ASYSVECO
| Q4 25 | 4.1% | -0.8% | ||
| Q3 25 | 9.3% | 6.4% | ||
| Q2 25 | 4.7% | 7.4% | ||
| Q1 25 | -202.7% | 8.5% | ||
| Q4 24 | 1.4% | 2.1% | ||
| Q3 24 | 0.1% | 13.2% | ||
| Q2 24 | 3.1% | 9.5% | ||
| Q1 24 | 5.4% | 12.6% |
净利率ASYSVECO
| Q4 25 | 0.6% | 0.7% | ||
| Q3 25 | 5.4% | 6.4% | ||
| Q2 25 | 0.5% | 7.1% | ||
| Q1 25 | -204.2% | 7.1% | ||
| Q4 24 | 1.3% | 8.2% | ||
| Q3 24 | -2.2% | 11.9% | ||
| Q2 24 | 1.6% | 8.5% | ||
| Q1 24 | 3.8% | 12.5% |
每股收益（稀释后）ASYSVECO
| Q4 25 | $0.01 | $0.02 | ||
| Q3 25 | $0.08 | $0.17 | ||
| Q2 25 | $0.01 | $0.20 | ||
| Q1 25 | $-2.23 | $0.20 | ||
| Q4 24 | $0.02 | $0.25 | ||
| Q3 24 | $-0.04 | $0.36 | ||
| Q2 24 | $0.03 | $0.25 | ||
| Q1 24 | $0.07 | $0.37 |
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 | $22.1M | $163.5M |
| 总债务越低越好 | $162.0K | $226.0M |
| 股东权益账面价值 | $54.1M | $885.5M |
| 总资产 | $94.1M | $1.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资ASYSVECO
| Q4 25 | $22.1M | $163.5M | ||
| Q3 25 | $17.9M | $193.2M | ||
| Q2 25 | $15.6M | $188.9M | ||
| Q1 25 | $13.4M | $174.9M | ||
| Q4 24 | $13.2M | $145.6M | ||
| Q3 24 | $11.1M | $163.2M | ||
| Q2 24 | $13.2M | $174.2M | ||
| Q1 24 | $13.0M | $174.0M |
总债务ASYSVECO
| Q4 25 | $162.0K | $226.0M | ||
| Q3 25 | $168.0K | $225.7M | ||
| Q2 25 | $127.0K | $225.4M | ||
| Q1 25 | $135.0K | $250.0M | ||
| Q4 24 | $161.0K | $276.2M | ||
| Q3 24 | $189.0K | $275.9M | ||
| Q2 24 | $177.0K | $275.6M | ||
| Q1 24 | $65.0K | $275.2M |
股东权益ASYSVECO
| Q4 25 | $54.1M | $885.5M | ||
| Q3 25 | $53.4M | $876.0M | ||
| Q2 25 | $51.7M | $856.2M | ||
| Q1 25 | $51.0M | $811.9M | ||
| Q4 24 | $82.4M | $770.8M | ||
| Q3 24 | $82.4M | $746.5M | ||
| Q2 24 | $81.7M | $715.0M | ||
| Q1 24 | $80.9M | $687.9M |
总资产ASYSVECO
| Q4 25 | $94.1M | $1.3B | ||
| Q3 25 | $92.9M | $1.3B | ||
| Q2 25 | $89.5M | $1.3B | ||
| Q1 25 | $83.4M | $1.3B | ||
| Q4 24 | $117.8M | $1.3B | ||
| Q3 24 | $119.3M | $1.3B | ||
| Q2 24 | $127.1M | $1.2B | ||
| Q1 24 | $116.5M | $1.2B |
负债/权益比ASYSVECO
| Q4 25 | 0.00× | 0.26× | ||
| Q3 25 | 0.00× | 0.26× | ||
| Q2 25 | 0.00× | 0.26× | ||
| Q1 25 | 0.00× | 0.31× | ||
| Q4 24 | 0.00× | 0.36× | ||
| Q3 24 | 0.00× | 0.37× | ||
| Q2 24 | 0.00× | 0.39× | ||
| Q1 24 | 0.00× | 0.40× |
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 | $4.1M | $24.9M |
| 自由现金流经营现金流 - 资本支出 | $3.8M | $21.7M |
| 自由现金流率自由现金流/营收 | 20.2% | 13.1% |
| 资本支出强度资本支出/营收 | 1.5% | 2.0% |
| 现金转化率经营现金流/净利润 | 37.99× | 22.38× |
| 过去12个月自由现金流最近4个季度 | $8.0M | $53.3M |
8季度趋势，按日历期对齐
经营现金流ASYSVECO
| Q4 25 | $4.1M | $24.9M | ||
| Q3 25 | $2.3M | $15.5M | ||
| Q2 25 | $2.5M | $9.0M | ||
| Q1 25 | $210.0K | $20.0M | ||
| Q4 24 | $2.9M | $28.4M | ||
| Q3 24 | $879.0K | $17.6M | ||
| Q2 24 | $3.7M | $8.5M | ||
| Q1 24 | $336.0K | $9.4M |
自由现金流ASYSVECO
| Q4 25 | $3.8M | $21.7M | ||
| Q3 25 | $2.0M | $13.0M | ||
| Q2 25 | $2.0M | $5.4M | ||
| Q1 25 | $201.0K | $13.2M | ||
| Q4 24 | $2.7M | $23.2M | ||
| Q3 24 | $447.0K | $13.6M | ||
| Q2 24 | $322.0K | $5.5M | ||
| Q1 24 | $-884.0K | $3.4M |
自由现金流率ASYSVECO
| Q4 25 | 20.2% | 13.1% | ||
| Q3 25 | 10.2% | 7.8% | ||
| Q2 25 | 10.1% | 3.3% | ||
| Q1 25 | 1.3% | 7.9% | ||
| Q4 24 | 11.2% | 12.7% | ||
| Q3 24 | 1.9% | 7.4% | ||
| Q2 24 | 1.2% | 3.1% | ||
| Q1 24 | -3.5% | 1.9% |
资本支出强度ASYSVECO
| Q4 25 | 1.5% | 2.0% | ||
| Q3 25 | 1.2% | 1.6% | ||
| Q2 25 | 2.8% | 2.2% | ||
| Q1 25 | 0.1% | 4.0% | ||
| Q4 24 | 0.6% | 2.8% | ||
| Q3 24 | 1.8% | 2.2% | ||
| Q2 24 | 12.5% | 1.7% | ||
| Q1 24 | 4.8% | 3.4% |
现金转化率ASYSVECO
| Q4 25 | 37.99× | 22.38× | ||
| Q3 25 | 2.12× | 1.47× | ||
| Q2 25 | 23.89× | 0.77× | ||
| Q1 25 | — | 1.67× | ||
| Q4 24 | 9.19× | 1.90× | ||
| Q3 24 | — | 0.80× | ||
| Q2 24 | 8.35× | 0.57× | ||
| Q1 24 | 0.35× | 0.43× |
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
ASYS
| Thermal Processing Solutions | $14.0M | 74% |
| Semiconductor Fabrication Solutions | $5.0M | 26% |
VECO
| Asia Pacific Excluding China | $89.9M | 54% |
| Other | $44.8M | 27% |
| Compound Semiconductor | $20.1M | 12% |
| Data Storage | $10.2M | 6% |
