vs
科慕（CC）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
科慕的季度营收约是思佳讯的1.3倍（$1.3B vs $1.0B），思佳讯净利率更高（7.6% vs -3.5%，领先11.2%），思佳讯同比增速更快（8.6% vs -2.1%），思佳讯自由现金流更多（$339.0M vs $92.0M），过去两年思佳讯的营收复合增速更高（-0.5% vs -1.2%）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
CC vs SWKS — 直观对比
营收规模更大
CC
是对方的1.3倍
$1.0B
营收增速更快
SWKS
高出10.7%
-2.1%
净利率更高
SWKS
高出11.2%
-3.5%
自由现金流更多
SWKS
多$247.0M
$92.0M
两年增速更快
SWKS
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.0B |
| 净利润 | $-47.0M | $79.2M |
| 毛利率 | 11.7% | 41.3% |
| 营业利润率 | — | 10.0% |
| 净利率 | -3.5% | 7.6% |
| 营收同比 | -2.1% | 8.6% |
| 净利润同比 | -261.5% | 15.3% |
| 每股收益（稀释后） | $-0.32 | $0.53 |
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CCSWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.6B | $965.0M | ||
| Q1 25 | $1.4B | $953.2M | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.6B | $905.5M |
净利润CCSWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $-47.0M | $141.4M | ||
| Q3 25 | $46.0M | — | ||
| Q2 25 | $-380.0M | $105.0M | ||
| Q1 25 | $-5.0M | $68.7M | ||
| Q4 24 | $-13.0M | $162.0M | ||
| Q3 24 | $-32.0M | $60.5M | ||
| Q2 24 | $60.0M | $120.9M |
毛利率CCSWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | 11.7% | 40.7% | ||
| Q3 25 | 15.6% | — | ||
| Q2 25 | 17.2% | 41.6% | ||
| Q1 25 | 17.3% | 41.1% | ||
| Q4 24 | 19.4% | 41.4% | ||
| Q3 24 | 19.0% | 41.9% | ||
| Q2 24 | 19.8% | 40.2% |
营业利润率CCSWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | — | 10.1% | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | -15.4% | 11.5% | ||
| Q1 25 | — | 10.2% | ||
| Q4 24 | -0.1% | 16.9% | ||
| Q3 24 | -2.1% | 5.8% | ||
| Q2 24 | 4.4% | 14.4% |
净利率CCSWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | -3.5% | 12.9% | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | -23.5% | 10.9% | ||
| Q1 25 | -0.4% | 7.2% | ||
| Q4 24 | -1.0% | 15.2% | ||
| Q3 24 | -2.1% | 5.9% | ||
| Q2 24 | 3.9% | 13.4% |
每股收益（稀释后）CCSWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $-0.32 | $0.95 | ||
| Q3 25 | $0.31 | — | ||
| Q2 25 | $-2.53 | $0.70 | ||
| Q1 25 | $-0.03 | $0.43 | ||
| Q4 24 | $-0.07 | $1.00 | ||
| Q3 24 | $-0.22 | $0.36 | ||
| Q2 24 | $0.39 | $0.75 |
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 | $670.0M | $1.6B |
| 总债务越低越好 | $4.1B | $496.6M |
| 股东权益账面价值 | $250.0M | $5.8B |
| 总资产 | $7.4B | $7.9B |
| 负债/权益比越低杠杆越低 | 16.40× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资CCSWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $670.0M | $1.4B | ||
| Q3 25 | $613.0M | — | ||
| Q2 25 | $502.0M | $1.3B | ||
| Q1 25 | $464.0M | $1.5B | ||
| Q4 24 | $713.0M | $1.7B | ||
| Q3 24 | $596.0M | $1.6B | ||
| Q2 24 | $604.0M | $1.3B |
总债务CCSWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $4.1B | $496.4M | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | $496.2M | ||
| Q1 25 | $4.1B | $995.1M | ||
| Q4 24 | $4.1B | $994.7M | ||
| Q3 24 | $4.0B | $994.3M | ||
| Q2 24 | $4.0B | $994.0M |
股东权益CCSWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $250.0M | $5.8B | ||
| Q3 25 | $274.0M | — | ||
| Q2 25 | $228.0M | $5.7B | ||
| Q1 25 | $566.0M | $5.9B | ||
| Q4 24 | $571.0M | $6.4B | ||
| Q3 24 | $643.0M | $6.3B | ||
| Q2 24 | $714.0M | $6.3B |
总资产CCSWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $7.4B | $7.9B | ||
| Q3 25 | $7.5B | — | ||
| Q2 25 | $7.5B | $7.7B | ||
| Q1 25 | $7.4B | $7.9B | ||
| Q4 24 | $7.5B | $8.3B | ||
| Q3 24 | $7.5B | $8.3B | ||
| Q2 24 | $7.2B | $8.2B |
负债/权益比CCSWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 16.40× | 0.09× | ||
| Q3 25 | 14.96× | — | ||
| Q2 25 | 17.99× | 0.09× | ||
| Q1 25 | 7.18× | 0.17× | ||
| Q4 24 | 7.11× | 0.16× | ||
| Q3 24 | 6.20× | 0.16× | ||
| Q2 24 | 5.53× | 0.16× |
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 | $137.0M | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $339.0M |
| 自由现金流率自由现金流/营收 | 6.9% | 32.7% |
| 资本支出强度资本支出/营收 | 3.4% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 4.99× |
| 过去12个月自由现金流最近4个季度 | $51.0M | $1.1B |
8季度趋势，按日历期对齐
经营现金流CCSWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $137.0M | $200.0M | ||
| Q3 25 | $146.0M | — | ||
| Q2 25 | $93.0M | $314.2M | ||
| Q1 25 | $-112.0M | $409.4M | ||
| Q4 24 | $138.0M | $377.2M | ||
| Q3 24 | $139.0M | $476.1M | ||
| Q2 24 | $-620.0M | $273.4M |
自由现金流CCSWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $92.0M | $144.0M | ||
| Q3 25 | $105.0M | — | ||
| Q2 25 | $50.0M | $252.7M | ||
| Q1 25 | $-196.0M | $370.9M | ||
| Q4 24 | $29.0M | $338.2M | ||
| Q3 24 | $63.0M | $393.3M | ||
| Q2 24 | $-693.0M | $249.0M |
自由现金流率CCSWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 6.9% | 13.1% | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | 3.1% | 26.2% | ||
| Q1 25 | -14.3% | 38.9% | ||
| Q4 24 | 2.1% | 31.7% | ||
| Q3 24 | 4.2% | 38.4% | ||
| Q2 24 | -44.6% | 27.5% |
资本支出强度CCSWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 3.4% | 5.1% | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 2.7% | 6.4% | ||
| Q1 25 | 6.1% | 4.0% | ||
| Q4 24 | 8.0% | 3.6% | ||
| Q3 24 | 5.0% | 8.1% | ||
| Q2 24 | 4.7% | 2.7% |
现金转化率CCSWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | 3.17× | — | ||
| Q2 25 | — | 2.99× | ||
| Q1 25 | — | 5.96× | ||
| Q4 24 | — | 2.33× | ||
| Q3 24 | — | 7.87× | ||
| Q2 24 | -10.33× | 2.26× |
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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
