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芝商所（CME）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
芝商所的季度营收约是思佳讯的1.8倍（$1.9B vs $1.0B），思佳讯净利率更高（7.6% vs 0.1%，领先7.6%），芝商所同比增速更快（14.5% vs 8.6%），过去两年芝商所的营收复合增速更高（10.8% vs -0.5%）
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
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。
CME vs SWKS — 直观对比
营收规模更大
CME
是对方的1.8倍
$1.0B
营收增速更快
CME
高出5.9%
8.6%
净利率更高
SWKS
高出7.6%
0.1%
两年增速更快
CME
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.0B |
| 净利润 | $1.2M | $79.2M |
| 毛利率 | — | 41.3% |
| 营业利润率 | 0.1% | 10.0% |
| 净利率 | 0.1% | 7.6% |
| 营收同比 | 14.5% | 8.6% |
| 净利润同比 | 20.7% | 15.3% |
| 每股收益（稀释后） | — | $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CMESWKS
| Q1 26 | $1.9B | $1.0B | ||
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.7B | $965.0M | ||
| Q1 25 | $1.6B | $953.2M | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.5B | $905.5M |
净利润CMESWKS
| Q1 26 | $1.2M | $79.2M | ||
| Q4 25 | $1.2B | $141.4M | ||
| Q3 25 | $908.0M | — | ||
| Q2 25 | $1.0B | $105.0M | ||
| Q1 25 | $956.2M | $68.7M | ||
| Q4 24 | $874.6M | $162.0M | ||
| Q3 24 | $912.8M | $60.5M | ||
| Q2 24 | $883.2M | $120.9M |
毛利率CMESWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 41.6% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 41.9% | ||
| Q2 24 | — | 40.2% |
营业利润率CMESWKS
| Q1 26 | 0.1% | 10.0% | ||
| Q4 25 | 61.8% | 10.1% | ||
| Q3 25 | 63.3% | — | ||
| Q2 25 | 66.7% | 11.5% | ||
| Q1 25 | 67.5% | 10.2% | ||
| Q4 24 | 62.1% | 16.9% | ||
| Q3 24 | 64.6% | 5.8% | ||
| Q2 24 | 65.3% | 14.4% |
净利率CMESWKS
| Q1 26 | 0.1% | 7.6% | ||
| Q4 25 | 71.7% | 12.9% | ||
| Q3 25 | 59.1% | — | ||
| Q2 25 | 60.6% | 10.9% | ||
| Q1 25 | 58.2% | 7.2% | ||
| Q4 24 | 57.3% | 15.2% | ||
| Q3 24 | 57.6% | 5.9% | ||
| Q2 24 | 57.6% | 13.4% |
每股收益（稀释后）CMESWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $3.24 | $0.95 | ||
| Q3 25 | $2.49 | — | ||
| Q2 25 | $2.81 | $0.70 | ||
| Q1 25 | $2.62 | $0.43 | ||
| Q4 24 | $2.40 | $1.00 | ||
| Q3 24 | $2.50 | $0.36 | ||
| Q2 24 | $2.42 | $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 | $2.4B | $1.6B |
| 总债务越低越好 | $3.4B | $496.6M |
| 股东权益账面价值 | — | $5.8B |
| 总资产 | $202.0B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资CMESWKS
| Q1 26 | $2.4B | $1.6B | ||
| Q4 25 | $4.5B | $1.4B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $3.0B | $1.7B | ||
| Q3 24 | $2.4B | $1.6B | ||
| Q2 24 | $1.9B | $1.3B |
总债务CMESWKS
| Q1 26 | $3.4B | $496.6M | ||
| Q4 25 | — | $496.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $496.2M | ||
| Q1 25 | — | $995.1M | ||
| Q4 24 | — | $994.7M | ||
| Q3 24 | — | $994.3M | ||
| Q2 24 | — | $994.0M |
股东权益CMESWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $28.7B | $5.8B | ||
| Q3 25 | $28.2B | — | ||
| Q2 25 | $27.7B | $5.7B | ||
| Q1 25 | $27.0B | $5.9B | ||
| Q4 24 | $26.5B | $6.4B | ||
| Q3 24 | $28.2B | $6.3B | ||
| Q2 24 | $27.6B | $6.3B |
总资产CMESWKS
| Q1 26 | $202.0B | $7.9B | ||
| Q4 25 | $198.4B | $7.9B | ||
| Q3 25 | $187.1B | — | ||
| Q2 25 | $179.9B | $7.7B | ||
| Q1 25 | $157.8B | $7.9B | ||
| Q4 24 | $137.4B | $8.3B | ||
| Q3 24 | $137.8B | $8.3B | ||
| Q2 24 | $123.4B | $8.2B |
负债/权益比CMESWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 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 | — | $395.5M |
| 自由现金流经营现金流 - 资本支出 | — | $339.0M |
| 自由现金流率自由现金流/营收 | — | 32.7% |
| 资本支出强度资本支出/营收 | — | 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 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流CMESWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $1.1B | $200.0M | ||
| Q3 25 | $968.1M | — | ||
| Q2 25 | $1.1B | $314.2M | ||
| Q1 25 | $1.1B | $409.4M | ||
| Q4 24 | $1.0B | $377.2M | ||
| Q3 24 | $1.0B | $476.1M | ||
| Q2 24 | $776.9M | $273.4M |
自由现金流CMESWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $1.1B | $144.0M | ||
| Q3 25 | $949.7M | — | ||
| Q2 25 | $1.0B | $252.7M | ||
| Q1 25 | $1.1B | $370.9M | ||
| Q4 24 | $991.7M | $338.2M | ||
| Q3 24 | $973.2M | $393.3M | ||
| Q2 24 | $758.7M | $249.0M |
自由现金流率CMESWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 66.8% | 13.1% | ||
| Q3 25 | 61.8% | — | ||
| Q2 25 | 61.5% | 26.2% | ||
| Q1 25 | 67.1% | 38.9% | ||
| Q4 24 | 65.0% | 31.7% | ||
| Q3 24 | 61.4% | 38.4% | ||
| Q2 24 | 49.5% | 27.5% |
资本支出强度CMESWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.0% | 5.1% | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.1% | 6.4% | ||
| Q1 25 | 0.9% | 4.0% | ||
| Q4 24 | 1.7% | 3.6% | ||
| Q3 24 | 1.9% | 8.1% | ||
| Q2 24 | 1.2% | 2.7% |
现金转化率CMESWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 0.96× | 1.41× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.03× | 2.99× | ||
| Q1 25 | 1.17× | 5.96× | ||
| Q4 24 | 1.16× | 2.33× | ||
| Q3 24 | 1.10× | 7.87× | ||
| Q2 24 | 0.88× | 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
CME
暂无分部数据
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
