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ATI INC（ATI）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是ATI INC的1.2倍（$1.4B vs $1.2B），ATI INC净利率更高（8.2% vs 5.8%，领先2.4%），ROKU, INC同比增速更快（16.1% vs 0.4%），ATI INC自由现金流更多（$223.1M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 6.2%）
ATI是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（GPU）及芯片组研发。公司成立于1985年，1993年公开上市，2006年被AMD收购。作为无晶圆厂半导体巨头，ATI坚持自主研发，生产组装环节外包，2000年竞争对手3dfx破产后，成为全球图形芯片领域的核心厂商之一。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
ATI vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.2倍
$1.2B
营收增速更快
ROKU
高出15.8%
0.4%
净利率更高
ATI
高出2.4%
5.8%
自由现金流更多
ATI
多$116.5M
$106.6M
两年增速更快
ROKU
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.4B |
| 净利润 | $96.6M | $80.5M |
| 毛利率 | 23.2% | 43.5% |
| 营业利润率 | 14.5% | 4.7% |
| 净利率 | 8.2% | 5.8% |
| 营收同比 | 0.4% | 16.1% |
| 净利润同比 | -29.5% | 326.4% |
| 每股收益（稀释后） | $0.70 | $0.55 |
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ATIROKU
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.1B | $1.0B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $968.2M | ||
| Q1 24 | $1.0B | $881.5M |
净利润ATIROKU
| Q4 25 | $96.6M | $80.5M | ||
| Q3 25 | $110.0M | $24.8M | ||
| Q2 25 | $100.7M | $10.5M | ||
| Q1 25 | $97.0M | $-27.4M | ||
| Q4 24 | $137.1M | $-35.5M | ||
| Q3 24 | $82.7M | $-9.0M | ||
| Q2 24 | $81.9M | $-34.0M | ||
| Q1 24 | $66.1M | $-50.9M |
毛利率ATIROKU
| Q4 25 | 23.2% | 43.5% | ||
| Q3 25 | 22.7% | 43.4% | ||
| Q2 25 | 21.3% | 44.8% | ||
| Q1 25 | 20.6% | 43.6% | ||
| Q4 24 | 21.2% | 42.7% | ||
| Q3 24 | 21.4% | 45.2% | ||
| Q2 24 | 20.8% | 43.9% | ||
| Q1 24 | 18.9% | 44.1% |
营业利润率ATIROKU
| Q4 25 | 14.5% | 4.7% | ||
| Q3 25 | 14.4% | 0.8% | ||
| Q2 25 | 14.1% | -2.1% | ||
| Q1 25 | 12.8% | -5.7% | ||
| Q4 24 | 17.8% | -3.3% | ||
| Q3 24 | 13.5% | -3.4% | ||
| Q2 24 | 13.0% | -7.4% | ||
| Q1 24 | 11.0% | -8.2% |
净利率ATIROKU
| Q4 25 | 8.2% | 5.8% | ||
| Q3 25 | 9.8% | 2.0% | ||
| Q2 25 | 8.8% | 0.9% | ||
| Q1 25 | 8.5% | -2.7% | ||
| Q4 24 | 11.7% | -3.0% | ||
| Q3 24 | 7.9% | -0.9% | ||
| Q2 24 | 7.5% | -3.5% | ||
| Q1 24 | 6.3% | -5.8% |
每股收益（稀释后）ATIROKU
| Q4 25 | $0.70 | $0.55 | ||
| Q3 25 | $0.78 | $0.16 | ||
| Q2 25 | $0.70 | $0.07 | ||
| Q1 25 | $0.67 | $-0.19 | ||
| Q4 24 | $0.94 | $-0.24 | ||
| Q3 24 | $0.57 | $-0.06 | ||
| Q2 24 | $0.58 | $-0.24 | ||
| Q1 24 | $0.46 | $-0.35 |
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 | $416.7M | $2.3B |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $1.8B | $2.7B |
| 总资产 | $5.1B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.95× | — |
8季度趋势，按日历期对齐
现金及短期投资ATIROKU
| Q4 25 | $416.7M | $2.3B | ||
| Q3 25 | $372.2M | $2.3B | ||
| Q2 25 | $319.6M | $2.3B | ||
| Q1 25 | $475.8M | $2.3B | ||
| Q4 24 | $721.2M | $2.2B | ||
| Q3 24 | $406.6M | $2.1B | ||
| Q2 24 | $425.6M | $2.1B | ||
| Q1 24 | $394.4M | $2.1B |
总债务ATIROKU
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $2.1B | — |
股东权益ATIROKU
| Q4 25 | $1.8B | $2.7B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.9B | $2.5B | ||
| Q4 24 | $1.9B | $2.5B | ||
| Q3 24 | $1.8B | $2.5B | ||
| Q2 24 | $1.4B | $2.4B | ||
| Q1 24 | $1.3B | $2.4B |
总资产ATIROKU
| Q4 25 | $5.1B | $4.4B | ||
| Q3 25 | $5.0B | $4.4B | ||
| Q2 25 | $5.0B | $4.3B | ||
| Q1 25 | $5.2B | $4.2B | ||
| Q4 24 | $5.2B | $4.3B | ||
| Q3 24 | $5.1B | $4.3B | ||
| Q2 24 | $4.9B | $4.1B | ||
| Q1 24 | $4.8B | $4.2B |
负债/权益比ATIROKU
| Q4 25 | 0.95× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 1.04× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 1.70× | — |
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 | $315.8M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $223.1M | $106.6M |
| 自由现金流率自由现金流/营收 | 19.0% | 7.6% |
| 资本支出强度资本支出/营收 | 7.9% | 0.1% |
| 现金转化率经营现金流/净利润 | 3.27× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $333.7M | $478.4M |
8季度趋势，按日历期对齐
经营现金流ATIROKU
| Q4 25 | $315.8M | $107.7M | ||
| Q3 25 | $229.5M | $127.6M | ||
| Q2 25 | $161.5M | $109.7M | ||
| Q1 25 | $-92.5M | $138.7M | ||
| Q4 24 | $380.9M | $79.3M | ||
| Q3 24 | $24.0M | $68.7M | ||
| Q2 24 | $101.1M | $23.4M | ||
| Q1 24 | $-98.8M | $46.7M |
自由现金流ATIROKU
| Q4 25 | $223.1M | $106.6M | ||
| Q3 25 | $167.0M | $126.5M | ||
| Q2 25 | $89.4M | $108.6M | ||
| Q1 25 | $-145.8M | $136.8M | ||
| Q4 24 | $333.6M | $76.8M | ||
| Q3 24 | $-41.8M | $67.6M | ||
| Q2 24 | $40.9M | $22.5M | ||
| Q1 24 | $-164.6M | $46.0M |
自由现金流率ATIROKU
| Q4 25 | 19.0% | 7.6% | ||
| Q3 25 | 14.8% | 10.4% | ||
| Q2 25 | 7.8% | 9.8% | ||
| Q1 25 | -12.7% | 13.4% | ||
| Q4 24 | 28.4% | 6.4% | ||
| Q3 24 | -4.0% | 6.4% | ||
| Q2 24 | 3.7% | 2.3% | ||
| Q1 24 | -15.8% | 5.2% |
资本支出强度ATIROKU
| Q4 25 | 7.9% | 0.1% | ||
| Q3 25 | 5.6% | 0.1% | ||
| Q2 25 | 6.3% | 0.1% | ||
| Q1 25 | 4.7% | 0.2% | ||
| Q4 24 | 4.0% | 0.2% | ||
| Q3 24 | 6.3% | 0.1% | ||
| Q2 24 | 5.5% | 0.1% | ||
| Q1 24 | 6.3% | 0.1% |
现金转化率ATIROKU
| Q4 25 | 3.27× | 1.34× | ||
| Q3 25 | 2.09× | 5.14× | ||
| Q2 25 | 1.60× | 10.45× | ||
| Q1 25 | -0.95× | — | ||
| Q4 24 | 2.78× | — | ||
| Q3 24 | 0.29× | — | ||
| Q2 24 | 1.23× | — | ||
| Q1 24 | -1.49× | — |
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
ATI
| Other | $527.1M | 45% |
| Advanced Alloys Solutions | $333.5M | 28% |
| Airframes Commercial | $82.0M | 7% |
| Defense | $73.7M | 6% |
| Electronics Market | $53.1M | 5% |
| Internal Customers | $50.9M | 4% |
| Specialty Energy | $29.3M | 2% |
| Medical Market | $12.2M | 1% |
| Construction Mining Market | $7.2M | 1% |
| Other Market | $5.6M | 0% |
| Conventional Energy | $1.9M | 0% |
| Automotive Market | $600.0K | 0% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
