vs
Krispy Kreme, Inc.（DNUT）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
Monolithic Power Systems的季度营收约是Krispy Kreme, Inc.的2.0倍（$804.2M vs $392.4M），Monolithic Power Systems净利率更高（24.0% vs -7.1%，领先31.1%），Monolithic Power Systems同比增速更快（26.1% vs -2.9%），过去两年Monolithic Power Systems的营收复合增速更高（25.9% vs -5.9%）
Krispy Kreme是源自美国的跨国甜甜圈烘焙与咖啡连锁品牌，1937年由弗农·鲁道夫在美国北卡罗来纳州温斯顿-塞勒姆创立。品牌创始时采用鲁道夫从新奥尔良厨师手中购得的酵母甜甜秘方配方开店，历经数十年稳步发展，如今已成为全球知名的甜甜圈休闲餐饮连锁品牌。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
DNUT vs MPWR — 直观对比
营收规模更大
MPWR
是对方的2.0倍
$392.4M
营收增速更快
MPWR
高出29.0%
-2.9%
净利率更高
MPWR
高出31.1%
-7.1%
两年增速更快
MPWR
近两年复合增速
-5.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $392.4M | $804.2M |
| 净利润 | $-27.8M | $193.2M |
| 毛利率 | — | 55.3% |
| 营业利润率 | -1.9% | 30.0% |
| 净利率 | -7.1% | 24.0% |
| 营收同比 | -2.9% | 26.1% |
| 净利润同比 | -23.8% | 43.1% |
| 每股收益（稀释后） | $-0.18 | $3.92 |
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DNUTMPWR
| Q1 26 | — | $804.2M | ||
| Q4 25 | $392.4M | $751.2M | ||
| Q3 25 | $375.3M | $737.2M | ||
| Q2 25 | $379.8M | $664.6M | ||
| Q1 25 | $375.2M | $637.6M | ||
| Q4 24 | $404.0M | $621.7M | ||
| Q3 24 | $379.9M | $620.1M | ||
| Q2 24 | $438.8M | $507.4M |
净利润DNUTMPWR
| Q1 26 | — | $193.2M | ||
| Q4 25 | $-27.8M | $171.7M | ||
| Q3 25 | $-19.4M | $179.8M | ||
| Q2 25 | $-435.3M | $135.0M | ||
| Q1 25 | $-33.3M | $135.1M | ||
| Q4 24 | $-22.4M | $1.3B | ||
| Q3 24 | $39.6M | $144.4M | ||
| Q2 24 | $-5.5M | $100.4M |
毛利率DNUTMPWR
| Q1 26 | — | 55.3% | ||
| Q4 25 | — | 55.2% | ||
| Q3 25 | — | 55.1% | ||
| Q2 25 | — | 55.1% | ||
| Q1 25 | — | 55.4% | ||
| Q4 24 | — | 55.4% | ||
| Q3 24 | — | 55.4% | ||
| Q2 24 | — | 55.3% |
营业利润率DNUTMPWR
| Q1 26 | — | 30.0% | ||
| Q4 25 | -1.9% | 26.6% | ||
| Q3 25 | -1.9% | 26.5% | ||
| Q2 25 | -114.4% | 24.8% | ||
| Q1 25 | -5.4% | 26.5% | ||
| Q4 24 | -2.8% | 26.3% | ||
| Q3 24 | -4.2% | 26.5% | ||
| Q2 24 | 1.6% | 23.0% |
净利率DNUTMPWR
| Q1 26 | — | 24.0% | ||
| Q4 25 | -7.1% | 22.9% | ||
| Q3 25 | -5.2% | 24.4% | ||
| Q2 25 | -114.6% | 20.3% | ||
| Q1 25 | -8.9% | 21.2% | ||
| Q4 24 | -5.6% | 201.8% | ||
| Q3 24 | 10.4% | 23.3% | ||
| Q2 24 | -1.3% | 19.8% |
每股收益（稀释后）DNUTMPWR
| Q1 26 | — | $3.92 | ||
| Q4 25 | $-0.18 | $3.50 | ||
| Q3 25 | $-0.11 | $3.74 | ||
| Q2 25 | $-2.55 | $2.81 | ||
| Q1 25 | $-0.20 | $2.81 | ||
| Q4 24 | $-0.13 | $25.71 | ||
| Q3 24 | $0.23 | $2.95 | ||
| Q2 24 | $-0.03 | $2.05 |
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 | $42.4M | $1.4B |
| 总债务越低越好 | $911.9M | — |
| 股东权益账面价值 | $650.1M | $3.7B |
| 总资产 | $2.6B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.40× | — |
8季度趋势，按日历期对齐
现金及短期投资DNUTMPWR
| Q1 26 | — | $1.4B | ||
| Q4 25 | $42.4M | $1.3B | ||
| Q3 25 | $30.7M | $1.3B | ||
| Q2 25 | $21.3M | $1.1B | ||
| Q1 25 | $18.7M | $1.0B | ||
| Q4 24 | $29.0M | $862.9M | ||
| Q3 24 | $25.4M | $1.5B | ||
| Q2 24 | $28.6M | $1.3B |
总债务DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | $911.9M | — | ||
| Q3 25 | $906.2M | — | ||
| Q2 25 | $889.4M | — | ||
| Q1 25 | $935.0M | — | ||
| Q4 24 | $844.5M | — | ||
| Q3 24 | $804.6M | — | ||
| Q2 24 | $895.0M | — |
股东权益DNUTMPWR
| Q1 26 | — | $3.7B | ||
| Q4 25 | $650.1M | $3.5B | ||
| Q3 25 | $670.3M | $3.4B | ||
| Q2 25 | $693.6M | $3.2B | ||
| Q1 25 | $1.1B | $3.1B | ||
| Q4 24 | $1.1B | $3.0B | ||
| Q3 24 | $1.2B | $2.4B | ||
| Q2 24 | $1.1B | $2.2B |
总资产DNUTMPWR
| Q1 26 | — | $4.4B | ||
| Q4 25 | $2.6B | $4.2B | ||
| Q3 25 | $2.6B | $4.1B | ||
| Q2 25 | $2.6B | $3.9B | ||
| Q1 25 | $3.1B | $3.7B | ||
| Q4 24 | $3.1B | $3.5B | ||
| Q3 24 | $3.1B | $2.9B | ||
| Q2 24 | $3.2B | $2.6B |
负债/权益比DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.79× | — |
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 | $45.0M | — |
| 自由现金流经营现金流 - 资本支出 | $27.9M | — |
| 自由现金流率自由现金流/营收 | 7.1% | — |
| 资本支出强度资本支出/营收 | 4.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-64.0M | — |
8季度趋势，按日历期对齐
经营现金流DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | $45.0M | $104.9M | ||
| Q3 25 | $42.3M | $239.3M | ||
| Q2 25 | $-32.5M | $237.6M | ||
| Q1 25 | $-20.8M | $256.4M | ||
| Q4 24 | $27.0M | $167.7M | ||
| Q3 24 | $3.3M | $231.7M | ||
| Q2 24 | $33.2M | $141.0M |
自由现金流DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | $27.9M | $63.9M | ||
| Q3 25 | $15.5M | $196.8M | ||
| Q2 25 | $-60.8M | $189.5M | ||
| Q1 25 | $-46.7M | $216.0M | ||
| Q4 24 | $-6.9M | $102.9M | ||
| Q3 24 | $-22.9M | $197.9M | ||
| Q2 24 | $1.6M | $109.5M |
自由现金流率DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | 8.5% | ||
| Q3 25 | 4.1% | 26.7% | ||
| Q2 25 | -16.0% | 28.5% | ||
| Q1 25 | -12.5% | 33.9% | ||
| Q4 24 | -1.7% | 16.5% | ||
| Q3 24 | -6.0% | 31.9% | ||
| Q2 24 | 0.4% | 21.6% |
资本支出强度DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 5.5% | ||
| Q3 25 | 7.1% | 5.8% | ||
| Q2 25 | 7.4% | 7.2% | ||
| Q1 25 | 6.9% | 6.3% | ||
| Q4 24 | 8.4% | 10.4% | ||
| Q3 24 | 6.9% | 5.5% | ||
| Q2 24 | 7.2% | 6.2% |
现金转化率DNUTMPWR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 1.90× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | 0.08× | 1.60× | ||
| Q2 24 | — | 1.40× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
