vs
康耐视（CGNX）与MKS INC（MKSI）财务数据对比。点击上方公司名可切换其他公司
MKS INC的季度营收约是康耐视的4.1倍（$1.0B vs $252.3M）。康耐视净利率更高（12.9% vs 10.3%，领先2.6%）。MKS INC同比增速更快（10.6% vs 9.9%）。MKS INC自由现金流更多（$92.0M vs $72.3M）。过去两年康耐视的营收复合增速更高（9.4% vs 9.1%）
康耐视（Cognex Corporation）是总部位于美国马萨诸塞州内蒂克的机器视觉系统、软件及传感器制造商，业务覆盖全球20余个国家和地区，为各工业领域客户提供高性能的视觉相关产品及解决方案。
MKS Inc原是跨国独立软件供应商，业务覆盖应用生命周期管理（ALM）及系统管理两大领域，2011年5月31日被参数技术公司（PTC, Inc.）收购，目前为PTC旗下子公司。
CGNX vs MKSI — 直观对比
营收规模更大
MKSI
是对方的4.1倍
$252.3M
营收增速更快
MKSI
高出0.7%
9.9%
净利率更高
CGNX
高出2.6%
10.3%
自由现金流更多
MKSI
多$19.7M
$72.3M
两年增速更快
CGNX
近两年复合增速
9.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $252.3M | $1.0B |
| 净利润 | $32.7M | $107.0M |
| 毛利率 | 65.7% | 46.3% |
| 营业利润率 | 14.0% | 13.9% |
| 净利率 | 12.9% | 10.3% |
| 营收同比 | 9.9% | 10.6% |
| 净利润同比 | 15.2% | 18.9% |
| 每股收益（稀释后） | $0.20 | $1.58 |
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CGNXMKSI
| Q4 25 | $252.3M | $1.0B | ||
| Q3 25 | $276.9M | $988.0M | ||
| Q2 25 | $249.1M | $973.0M | ||
| Q1 25 | $216.0M | $936.0M | ||
| Q4 24 | $229.7M | $935.0M | ||
| Q3 24 | $234.7M | $896.0M | ||
| Q2 24 | $239.3M | $887.0M | ||
| Q1 24 | $210.8M | $868.0M |
净利润CGNXMKSI
| Q4 25 | $32.7M | $107.0M | ||
| Q3 25 | $17.7M | $74.0M | ||
| Q2 25 | $40.5M | $62.0M | ||
| Q1 25 | $23.6M | $52.0M | ||
| Q4 24 | $28.3M | $90.0M | ||
| Q3 24 | $29.6M | $62.0M | ||
| Q2 24 | $36.2M | $23.0M | ||
| Q1 24 | $12.0M | $15.0M |
毛利率CGNXMKSI
| Q4 25 | 65.7% | 46.3% | ||
| Q3 25 | 67.6% | 46.7% | ||
| Q2 25 | 67.4% | 46.6% | ||
| Q1 25 | 66.8% | 47.4% | ||
| Q4 24 | 68.7% | 47.3% | ||
| Q3 24 | 67.9% | 48.2% | ||
| Q2 24 | 69.6% | 47.2% | ||
| Q1 24 | 67.3% | 47.8% |
营业利润率CGNXMKSI
| Q4 25 | 14.0% | 13.9% | ||
| Q3 25 | 20.9% | 14.0% | ||
| Q2 25 | 17.4% | 13.9% | ||
| Q1 25 | 12.1% | 11.9% | ||
| Q4 24 | 13.4% | 14.7% | ||
| Q3 24 | 13.4% | 14.3% | ||
| Q2 24 | 16.1% | 14.3% | ||
| Q1 24 | 6.7% | 12.2% |
净利率CGNXMKSI
| Q4 25 | 12.9% | 10.3% | ||
| Q3 25 | 6.4% | 7.5% | ||
| Q2 25 | 16.3% | 6.4% | ||
| Q1 25 | 10.9% | 5.6% | ||
| Q4 24 | 12.3% | 9.6% | ||
| Q3 24 | 12.6% | 6.9% | ||
| Q2 24 | 15.1% | 2.6% | ||
| Q1 24 | 5.7% | 1.7% |
每股收益（稀释后）CGNXMKSI
| Q4 25 | $0.20 | $1.58 | ||
| Q3 25 | $0.10 | $1.10 | ||
| Q2 25 | $0.24 | $0.92 | ||
| Q1 25 | $0.14 | $0.77 | ||
| Q4 24 | $0.17 | $1.34 | ||
| Q3 24 | $0.17 | $0.92 | ||
| Q2 24 | $0.21 | $0.33 | ||
| Q1 24 | $0.07 | $0.22 |
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 | $262.9M | $418.0M |
| 总债务越低越好 | — | $4.2B |
| 股东权益账面价值 | $1.5B | $2.7B |
| 总资产 | $2.0B | $8.8B |
| 负债/权益比越低杠杆越低 | — | 1.53× |
8季度趋势，按日历期对齐
现金及短期投资CGNXMKSI
| Q4 25 | $262.9M | $418.0M | ||
| Q3 25 | $245.9M | $413.0M | ||
| Q2 25 | $179.3M | $498.0M | ||
| Q1 25 | $143.7M | $407.0M | ||
| Q4 24 | $186.1M | $420.0M | ||
| Q3 24 | $197.1M | $439.0M | ||
| Q2 24 | $176.6M | $506.0M | ||
| Q1 24 | $138.9M | $1.0M |
总债务CGNXMKSI
| Q4 25 | — | $4.2B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.8B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $4.7B |
股东权益CGNXMKSI
| Q4 25 | $1.5B | $2.7B | ||
| Q3 25 | $1.5B | $2.6B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.4B | $2.4B | ||
| Q4 24 | $1.5B | $2.3B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.5B | $2.4B |
总资产CGNXMKSI
| Q4 25 | $2.0B | $8.8B | ||
| Q3 25 | $2.0B | $8.8B | ||
| Q2 25 | $2.0B | $8.8B | ||
| Q1 25 | $1.9B | $8.6B | ||
| Q4 24 | $2.0B | $8.6B | ||
| Q3 24 | $2.1B | $9.0B | ||
| Q2 24 | $2.0B | $8.9B | ||
| Q1 24 | $2.0B | $8.9B |
负债/权益比CGNXMKSI
| Q4 25 | — | 1.53× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.87× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.16× | ||
| Q1 24 | — | 1.94× |
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 | $74.9M | $142.0M |
| 自由现金流经营现金流 - 资本支出 | $72.3M | $92.0M |
| 自由现金流率自由现金流/营收 | 28.7% | 8.9% |
| 资本支出强度资本支出/营收 | 1.0% | 4.8% |
| 现金转化率经营现金流/净利润 | 2.29× | 1.33× |
| 过去12个月自由现金流最近4个季度 | $236.8M | $497.0M |
8季度趋势，按日历期对齐
经营现金流CGNXMKSI
| Q4 25 | $74.9M | $142.0M | ||
| Q3 25 | $87.5M | $197.0M | ||
| Q2 25 | $42.6M | $165.0M | ||
| Q1 25 | $40.5M | $141.0M | ||
| Q4 24 | $51.4M | $176.0M | ||
| Q3 24 | $56.3M | $163.0M | ||
| Q2 24 | $27.8M | $122.0M | ||
| Q1 24 | $13.6M | $67.0M |
自由现金流CGNXMKSI
| Q4 25 | $72.3M | $92.0M | ||
| Q3 25 | $86.0M | $146.0M | ||
| Q2 25 | $40.4M | $136.0M | ||
| Q1 25 | $38.0M | $123.0M | ||
| Q4 24 | $49.3M | $125.0M | ||
| Q3 24 | $51.9M | $141.0M | ||
| Q2 24 | $23.3M | $95.0M | ||
| Q1 24 | $9.6M | $49.0M |
自由现金流率CGNXMKSI
| Q4 25 | 28.7% | 8.9% | ||
| Q3 25 | 31.1% | 14.8% | ||
| Q2 25 | 16.2% | 14.0% | ||
| Q1 25 | 17.6% | 13.1% | ||
| Q4 24 | 21.5% | 13.4% | ||
| Q3 24 | 22.1% | 15.7% | ||
| Q2 24 | 9.7% | 10.7% | ||
| Q1 24 | 4.5% | 5.6% |
资本支出强度CGNXMKSI
| Q4 25 | 1.0% | 4.8% | ||
| Q3 25 | 0.5% | 5.2% | ||
| Q2 25 | 0.9% | 3.0% | ||
| Q1 25 | 1.2% | 1.9% | ||
| Q4 24 | 0.9% | 5.5% | ||
| Q3 24 | 1.9% | 2.5% | ||
| Q2 24 | 1.9% | 3.0% | ||
| Q1 24 | 1.9% | 2.1% |
现金转化率CGNXMKSI
| Q4 25 | 2.29× | 1.33× | ||
| Q3 25 | 4.95× | 2.66× | ||
| Q2 25 | 1.05× | 2.66× | ||
| Q1 25 | 1.72× | 2.71× | ||
| Q4 24 | 1.81× | 1.96× | ||
| Q3 24 | 1.90× | 2.63× | ||
| Q2 24 | 0.77× | 5.30× | ||
| Q1 24 | 1.13× | 4.47× |
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
CGNX
暂无分部数据
MKSI
| Electronics And Packaging | $303.0M | 29% |
| Specialty Industrial | $295.0M | 29% |
| Photonics Solutions Division | $274.0M | 26% |
| Services | $125.0M | 12% |
| Other | $37.0M | 4% |
