vs
凌云逻辑（CRUS）与PATRICK INDUSTRIES INC（PATK）财务数据对比。点击上方公司名可切换其他公司
PATRICK INDUSTRIES INC的季度营收约是凌云逻辑的1.6倍（$924.2M vs $580.6M），凌云逻辑净利率更高（24.2% vs 3.1%，领先21.0%），PATRICK INDUSTRIES INC同比增速更快（9.2% vs 4.5%），凌云逻辑自由现金流更多（$285.7M vs $112.7M），过去两年凌云逻辑的营收复合增速更高（25.0% vs -0.5%）
凌云逻辑（Cirrus Logic）是美国无晶圆厂半导体供应商，专注于模拟、混合信号及音频数字信号处理集成电路的研发与供应，1998年起总部设立于得克萨斯州奥斯汀市，产品广泛应用于消费电子、智能音频等多个领域。
安杜里尔工业是一家美国国防科技企业，专注于先进自主系统的研发，其技术产品多应用于国防安全相关领域，在智能防务解决方案赛道具备行业竞争力。
CRUS vs PATK — 直观对比
营收规模更大
PATK
是对方的1.6倍
$580.6M
营收增速更快
PATK
高出4.7%
4.5%
净利率更高
CRUS
高出21.0%
3.1%
自由现金流更多
CRUS
多$173.1M
$112.7M
两年增速更快
CRUS
近两年复合增速
-0.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $580.6M | $924.2M |
| 净利润 | $140.3M | $29.1M |
| 毛利率 | 53.1% | 23.0% |
| 营业利润率 | 26.3% | 6.2% |
| 净利率 | 24.2% | 3.1% |
| 营收同比 | 4.5% | 9.2% |
| 净利润同比 | 21.0% | 99.7% |
| 每股收益（稀释后） | $2.66 | $0.82 |
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CRUSPATK
| Q4 25 | $580.6M | $924.2M | ||
| Q3 25 | $561.0M | $975.6M | ||
| Q2 25 | $407.3M | $1.0B | ||
| Q1 25 | $424.5M | $1.0B | ||
| Q4 24 | $555.7M | $846.1M | ||
| Q3 24 | $541.9M | $919.4M | ||
| Q2 24 | $374.0M | $1.0B | ||
| Q1 24 | $371.8M | $933.5M |
净利润CRUSPATK
| Q4 25 | $140.3M | $29.1M | ||
| Q3 25 | $131.6M | $35.3M | ||
| Q2 25 | $60.7M | $32.4M | ||
| Q1 25 | $71.3M | $38.2M | ||
| Q4 24 | $116.0M | $14.6M | ||
| Q3 24 | $102.1M | $40.9M | ||
| Q2 24 | $42.1M | $47.9M | ||
| Q1 24 | $44.8M | $35.1M |
毛利率CRUSPATK
| Q4 25 | 53.1% | 23.0% | ||
| Q3 25 | 52.5% | 22.6% | ||
| Q2 25 | 52.6% | 23.9% | ||
| Q1 25 | 53.4% | 22.8% | ||
| Q4 24 | 53.6% | 22.1% | ||
| Q3 24 | 52.2% | 23.1% | ||
| Q2 24 | 50.5% | 22.8% | ||
| Q1 24 | 51.8% | 21.9% |
营业利润率CRUSPATK
| Q4 25 | 26.3% | 6.2% | ||
| Q3 25 | 25.8% | 6.8% | ||
| Q2 25 | 17.8% | 8.3% | ||
| Q1 25 | 20.2% | 6.5% | ||
| Q4 24 | 26.2% | 4.7% | ||
| Q3 24 | 24.3% | 8.1% | ||
| Q2 24 | 12.5% | 8.3% | ||
| Q1 24 | 14.1% | 6.4% |
净利率CRUSPATK
| Q4 25 | 24.2% | 3.1% | ||
| Q3 25 | 23.5% | 3.6% | ||
| Q2 25 | 14.9% | 3.1% | ||
| Q1 25 | 16.8% | 3.8% | ||
| Q4 24 | 20.9% | 1.7% | ||
| Q3 24 | 18.8% | 4.4% | ||
| Q2 24 | 11.3% | 4.7% | ||
| Q1 24 | 12.1% | 3.8% |
每股收益（稀释后）CRUSPATK
| Q4 25 | $2.66 | $0.82 | ||
| Q3 25 | $2.48 | $1.01 | ||
| Q2 25 | $1.14 | $0.96 | ||
| Q1 25 | $1.30 | $1.11 | ||
| Q4 24 | $2.11 | $-1.44 | ||
| Q3 24 | $1.83 | $1.80 | ||
| Q2 24 | $0.76 | $2.16 | ||
| Q1 24 | $0.78 | $1.59 |
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 | $778.1M | $26.4M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $2.1B | $1.2B |
| 总资产 | $2.5B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资CRUSPATK
| Q4 25 | $778.1M | $26.4M | ||
| Q3 25 | $593.5M | $20.7M | ||
| Q2 25 | $548.9M | $22.0M | ||
| Q1 25 | $539.6M | $86.6M | ||
| Q4 24 | $526.4M | $33.6M | ||
| Q3 24 | $445.8M | $52.6M | ||
| Q2 24 | $491.4M | $44.0M | ||
| Q1 24 | $502.8M | $17.6M |
总债务CRUSPATK
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRUSPATK
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $2.0B | $1.1B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | $1.8B | $1.1B | ||
| Q1 24 | $1.8B | $1.1B |
总资产CRUSPATK
| Q4 25 | $2.5B | $3.1B | ||
| Q3 25 | $2.4B | $3.1B | ||
| Q2 25 | $2.3B | $3.1B | ||
| Q1 25 | $2.3B | $3.2B | ||
| Q4 24 | $2.4B | $3.0B | ||
| Q3 24 | $2.4B | $3.1B | ||
| Q2 24 | $2.3B | $3.0B | ||
| Q1 24 | $2.2B | $3.0B |
负债/权益比CRUSPATK
| Q4 25 | — | 1.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $290.8M | $130.8M |
| 自由现金流经营现金流 - 资本支出 | $285.7M | $112.7M |
| 自由现金流率自由现金流/营收 | 49.2% | 12.2% |
| 资本支出强度资本支出/营收 | 0.9% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.07× | 4.50× |
| 过去12个月自由现金流最近4个季度 | $614.5M | $246.5M |
8季度趋势，按日历期对齐
经营现金流CRUSPATK
| Q4 25 | $290.8M | $130.8M | ||
| Q3 25 | $92.2M | $9.1M | ||
| Q2 25 | $116.1M | $149.4M | ||
| Q1 25 | $130.4M | $40.1M | ||
| Q4 24 | $218.6M | $102.7M | ||
| Q3 24 | $8.2M | $51.5M | ||
| Q2 24 | $87.2M | $137.5M | ||
| Q1 24 | $170.5M | $35.2M |
自由现金流CRUSPATK
| Q4 25 | $285.7M | $112.7M | ||
| Q3 25 | $88.3M | $-17.2M | ||
| Q2 25 | $113.5M | $131.1M | ||
| Q1 25 | $127.0M | $19.9M | ||
| Q4 24 | $211.9M | $77.2M | ||
| Q3 24 | $5.6M | $33.7M | ||
| Q2 24 | $77.2M | $120.6M | ||
| Q1 24 | $163.5M | $19.7M |
自由现金流率CRUSPATK
| Q4 25 | 49.2% | 12.2% | ||
| Q3 25 | 15.7% | -1.8% | ||
| Q2 25 | 27.9% | 12.5% | ||
| Q1 25 | 29.9% | 2.0% | ||
| Q4 24 | 38.1% | 9.1% | ||
| Q3 24 | 1.0% | 3.7% | ||
| Q2 24 | 20.6% | 11.9% | ||
| Q1 24 | 44.0% | 2.1% |
资本支出强度CRUSPATK
| Q4 25 | 0.9% | 2.0% | ||
| Q3 25 | 0.7% | 2.7% | ||
| Q2 25 | 0.6% | 1.7% | ||
| Q1 25 | 0.8% | 2.0% | ||
| Q4 24 | 1.2% | 3.0% | ||
| Q3 24 | 0.5% | 1.9% | ||
| Q2 24 | 2.7% | 1.7% | ||
| Q1 24 | 1.9% | 1.7% |
现金转化率CRUSPATK
| Q4 25 | 2.07× | 4.50× | ||
| Q3 25 | 0.70× | 0.26× | ||
| Q2 25 | 1.91× | 4.61× | ||
| Q1 25 | 1.83× | 1.05× | ||
| Q4 24 | 1.88× | 7.05× | ||
| Q3 24 | 0.08× | 1.26× | ||
| Q2 24 | 2.07× | 2.87× | ||
| Q1 24 | 3.80× | 1.00× |
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
CRUS
| Audio Products Segment | $344.5M | 59% |
| High Performance Mixed Signal Products | $236.2M | 41% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
