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AeroVironment Inc（AVAV）与MACOM Technology Solutions Holdings, Inc.（MTSI）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是MACOM Technology Solutions Holdings, Inc.的1.7倍（$472.5M vs $271.6M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs -3.6%，领先21.6%），AeroVironment Inc同比增速更快（181.9% vs 24.5%），MACOM Technology Solutions Holdings, Inc.自由现金流更多（$30.0M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 22.4%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
AVAV vs MTSI — 直观对比
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $271.6M |
| 净利润 | $-17.1M | $48.8M |
| 毛利率 | 22.0% | 55.9% |
| 营业利润率 | -6.4% | 15.9% |
| 净利率 | -3.6% | 18.0% |
| 营收同比 | 181.9% | 24.5% |
| 净利润同比 | -875.1% | 129.1% |
| 每股收益（稀释后） | $-0.34 | $0.64 |
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
| Q1 26 | — | $271.6M | ||
| Q4 25 | $472.5M | $261.2M | ||
| Q3 25 | $454.7M | $252.1M | ||
| Q2 25 | $275.1M | $235.9M | ||
| Q1 25 | $167.6M | $218.1M | ||
| Q4 24 | $188.5M | — | ||
| Q3 24 | $189.5M | $200.7M | ||
| Q2 24 | $197.0M | $190.5M |
| Q1 26 | — | $48.8M | ||
| Q4 25 | $-17.1M | $45.1M | ||
| Q3 25 | $-67.4M | $36.5M | ||
| Q2 25 | $16.7M | $31.7M | ||
| Q1 25 | $-1.8M | $-167.5M | ||
| Q4 24 | $7.5M | — | ||
| Q3 24 | $21.2M | $29.4M | ||
| Q2 24 | $6.0M | $19.9M |
| Q1 26 | — | 55.9% | ||
| Q4 25 | 22.0% | 54.5% | ||
| Q3 25 | 20.9% | 55.3% | ||
| Q2 25 | 36.5% | 55.2% | ||
| Q1 25 | 37.7% | 53.7% | ||
| Q4 24 | 39.1% | — | ||
| Q3 24 | 43.0% | 54.7% | ||
| Q2 24 | 38.4% | 53.2% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | -6.4% | 15.2% | ||
| Q3 25 | -15.2% | 14.9% | ||
| Q2 25 | 5.0% | 14.8% | ||
| Q1 25 | -1.8% | 8.0% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 12.2% | 13.7% | ||
| Q2 24 | 3.0% | 10.4% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | -3.6% | 17.3% | ||
| Q3 25 | -14.8% | 14.5% | ||
| Q2 25 | 6.1% | 13.4% | ||
| Q1 25 | -1.0% | -76.8% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 11.2% | 14.7% | ||
| Q2 24 | 3.1% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $-0.34 | $0.67 | ||
| Q3 25 | $-1.44 | $0.48 | ||
| Q2 25 | $0.59 | $0.42 | ||
| Q1 25 | $-0.06 | $-2.30 | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $0.75 | $0.40 | ||
| Q2 24 | $0.18 | $0.27 |
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 | $588.5M | $768.5M |
| 总债务越低越好 | $747.5M | — |
| 股东权益账面价值 | $4.4B | $1.4B |
| 总资产 | $5.6B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $768.5M | ||
| Q4 25 | $588.5M | $786.0M | ||
| Q3 25 | $685.8M | $735.2M | ||
| Q2 25 | $40.9M | $681.5M | ||
| Q1 25 | $47.0M | $656.5M | ||
| Q4 24 | $69.0M | — | ||
| Q3 24 | $81.2M | $581.9M | ||
| Q2 24 | $73.3M | $521.5M |
| Q1 26 | — | — | ||
| Q4 25 | $747.5M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $17.5M | — | ||
| Q2 24 | $28.0M | — |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $4.4B | $1.3B | ||
| Q3 25 | $4.4B | $1.3B | ||
| Q2 25 | $886.5M | $1.2B | ||
| Q1 25 | $861.1M | $1.2B | ||
| Q4 24 | $858.4M | — | ||
| Q3 24 | $845.5M | $1.1B | ||
| Q2 24 | $822.7M | $1.1B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $5.6B | $2.1B | ||
| Q3 25 | $5.6B | $2.0B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.0B | $1.8B | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $999.2M | $1.8B | ||
| Q2 24 | $1.0B | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.03× | — |
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 | $-45.1M | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $30.0M |
| 自由现金流率自由现金流/营收 | -11.8% | 11.0% |
| 资本支出强度资本支出/营收 | 2.3% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | — | $42.9M | ||
| Q4 25 | $-45.1M | $69.6M | ||
| Q3 25 | $-123.7M | $60.4M | ||
| Q2 25 | $-264.0K | $38.7M | ||
| Q1 25 | $-25.8M | $66.7M | ||
| Q4 24 | $-3.6M | — | ||
| Q3 24 | $28.4M | $62.3M | ||
| Q2 24 | $-11.7M | $49.0M |
| Q1 26 | — | $30.0M | ||
| Q4 25 | $-55.9M | $49.4M | ||
| Q3 25 | $-146.5M | $51.6M | ||
| Q2 25 | $-8.8M | $30.5M | ||
| Q1 25 | $-29.6M | $61.3M | ||
| Q4 24 | $-8.7M | — | ||
| Q3 24 | $22.9M | $57.1M | ||
| Q2 24 | $-20.8M | $41.5M |
| Q1 26 | — | 11.0% | ||
| Q4 25 | -11.8% | 18.9% | ||
| Q3 25 | -32.2% | 20.5% | ||
| Q2 25 | -3.2% | 12.9% | ||
| Q1 25 | -17.7% | 28.1% | ||
| Q4 24 | -4.6% | — | ||
| Q3 24 | 12.1% | 28.5% | ||
| Q2 24 | -10.5% | 21.8% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 2.3% | 7.7% | ||
| Q3 25 | 5.0% | 3.5% | ||
| Q2 25 | 3.1% | 3.5% | ||
| Q1 25 | 2.3% | 2.4% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.9% | 2.6% | ||
| Q2 24 | 4.6% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | — | 1.54× | ||
| Q3 25 | — | 1.65× | ||
| Q2 25 | -0.02× | 1.22× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | 2.12× | ||
| Q2 24 | -1.93× | 2.46× |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
