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eXp World Holdings, Inc.（EXPI）与微芯科技（MCHP）财务数据对比。点击上方公司名可切换其他公司
eXp World Holdings, Inc.的季度营收约是微芯科技的1.0倍（$1.2B vs $1.2B），微芯科技净利率更高（5.3% vs -1.1%，领先6.4%），微芯科技同比增速更快（15.6% vs 8.5%），微芯科技自由现金流更多（$318.9M vs $11.9M），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -5.4%）
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
EXPI vs MCHP — 直观对比
营收规模更大
EXPI
是对方的1.0倍
$1.2B
营收增速更快
MCHP
高出7.1%
8.5%
净利率更高
MCHP
高出6.4%
-1.1%
自由现金流更多
MCHP
多$307.0M
$11.9M
两年增速更快
EXPI
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $-12.9M | $62.7M |
| 毛利率 | — | 59.6% |
| 营业利润率 | -1.1% | 12.8% |
| 净利率 | -1.1% | 5.3% |
| 营收同比 | 8.5% | 15.6% |
| 净利润同比 | -35.7% | 217.0% |
| 每股收益（稀释后） | $-0.08 | $0.06 |
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EXPIMCHP
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $954.9M | $970.5M | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $943.1M | $1.3B |
净利润EXPIMCHP
| Q4 25 | $-12.9M | $62.7M | ||
| Q3 25 | $3.5M | $41.7M | ||
| Q2 25 | $-2.3M | $-18.6M | ||
| Q1 25 | $-11.0M | $-154.6M | ||
| Q4 24 | $-9.5M | $-53.6M | ||
| Q3 24 | $-8.5M | $78.4M | ||
| Q2 24 | $12.4M | $129.3M | ||
| Q1 24 | $-15.6M | $154.7M |
毛利率EXPIMCHP
| Q4 25 | — | 59.6% | ||
| Q3 25 | — | 55.9% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 51.6% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | 99.9% | 57.4% | ||
| Q2 24 | 99.9% | 59.4% | ||
| Q1 24 | — | 59.6% |
营业利润率EXPIMCHP
| Q4 25 | -1.1% | 12.8% | ||
| Q3 25 | 0.3% | 7.8% | ||
| Q2 25 | -0.2% | 3.0% | ||
| Q1 25 | -1.1% | -10.3% | ||
| Q4 24 | -1.0% | 3.0% | ||
| Q3 24 | -0.7% | 12.6% | ||
| Q2 24 | 1.4% | 17.7% | ||
| Q1 24 | -1.9% | 19.1% |
净利率EXPIMCHP
| Q4 25 | -1.1% | 5.3% | ||
| Q3 25 | 0.3% | 3.7% | ||
| Q2 25 | -0.2% | -1.7% | ||
| Q1 25 | -1.2% | -15.9% | ||
| Q4 24 | -0.9% | -5.2% | ||
| Q3 24 | -0.7% | 6.7% | ||
| Q2 24 | 1.0% | 10.4% | ||
| Q1 24 | -1.7% | 11.7% |
每股收益（稀释后）EXPIMCHP
| Q4 25 | $-0.08 | $0.06 | ||
| Q3 25 | $0.02 | $0.03 | ||
| Q2 25 | $-0.01 | $-0.09 | ||
| Q1 25 | $-0.07 | $-0.29 | ||
| Q4 24 | $-0.06 | $-0.10 | ||
| Q3 24 | $-0.06 | $0.14 | ||
| Q2 24 | $0.08 | $0.24 | ||
| Q1 24 | $-0.10 | $0.29 |
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 | $124.2M | $250.7M |
| 总债务越低越好 | — | $5.4B |
| 股东权益账面价值 | $242.8M | $6.6B |
| 总资产 | $442.5M | $14.3B |
| 负债/权益比越低杠杆越低 | — | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资EXPIMCHP
| Q4 25 | $124.2M | $250.7M | ||
| Q3 25 | $112.8M | $236.8M | ||
| Q2 25 | $94.6M | $566.5M | ||
| Q1 25 | $115.7M | $771.7M | ||
| Q4 24 | $113.6M | $586.0M | ||
| Q3 24 | $130.4M | $286.1M | ||
| Q2 24 | $108.4M | $315.1M | ||
| Q1 24 | $109.2M | $319.7M |
总债务EXPIMCHP
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B | ||
| Q1 24 | — | $6.0B |
股东权益EXPIMCHP
| Q4 25 | $242.8M | $6.6B | ||
| Q3 25 | $235.3M | $6.7B | ||
| Q2 25 | $218.4M | $6.9B | ||
| Q1 25 | $212.0M | $7.1B | ||
| Q4 24 | $204.9M | $6.0B | ||
| Q3 24 | $211.1M | $6.3B | ||
| Q2 24 | $220.3M | $6.4B | ||
| Q1 24 | $222.4M | $6.7B |
总资产EXPIMCHP
| Q4 25 | $442.5M | $14.3B | ||
| Q3 25 | $458.7M | $14.5B | ||
| Q2 25 | $481.2M | $15.0B | ||
| Q1 25 | $435.8M | $15.4B | ||
| Q4 24 | $390.7M | $15.6B | ||
| Q3 24 | $432.6M | $15.6B | ||
| Q2 24 | $457.4M | $15.8B | ||
| Q1 24 | $426.7M | $15.9B |
负债/权益比EXPIMCHP
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 0.90× |
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 | $13.8M | $341.4M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $318.9M |
| 自由现金流率自由现金流/营收 | 1.0% | 26.9% |
| 资本支出强度资本支出/营收 | 0.2% | 1.9% |
| 现金转化率经营现金流/净利润 | — | 5.44× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $819.9M |
8季度趋势，按日历期对齐
经营现金流EXPIMCHP
| Q4 25 | $13.8M | $341.4M | ||
| Q3 25 | $28.9M | $88.1M | ||
| Q2 25 | $36.1M | $275.6M | ||
| Q1 25 | $39.8M | $205.9M | ||
| Q4 24 | $13.7M | $271.5M | ||
| Q3 24 | $46.0M | $43.6M | ||
| Q2 24 | $71.1M | $377.1M | ||
| Q1 24 | $60.7M | $430.0M |
自由现金流EXPIMCHP
| Q4 25 | $11.9M | $318.9M | ||
| Q3 25 | $26.6M | $51.6M | ||
| Q2 25 | $33.3M | $257.7M | ||
| Q1 25 | $37.3M | $191.7M | ||
| Q4 24 | $11.6M | $253.4M | ||
| Q3 24 | $44.4M | $22.8M | ||
| Q2 24 | $69.7M | $304.2M | ||
| Q1 24 | $59.3M | $389.9M |
自由现金流率EXPIMCHP
| Q4 25 | 1.0% | 26.9% | ||
| Q3 25 | 2.0% | 4.5% | ||
| Q2 25 | 2.5% | 24.0% | ||
| Q1 25 | 3.9% | 19.8% | ||
| Q4 24 | 1.1% | 24.7% | ||
| Q3 24 | 3.6% | 2.0% | ||
| Q2 24 | 5.4% | 24.5% | ||
| Q1 24 | 6.3% | 29.4% |
资本支出强度EXPIMCHP
| Q4 25 | 0.2% | 1.9% | ||
| Q3 25 | 0.2% | 3.2% | ||
| Q2 25 | 0.2% | 1.7% | ||
| Q1 25 | 0.3% | 1.5% | ||
| Q4 24 | 0.2% | 1.8% | ||
| Q3 24 | 0.1% | 1.8% | ||
| Q2 24 | 0.1% | 5.9% | ||
| Q1 24 | 0.1% | 3.0% |
现金转化率EXPIMCHP
| Q4 25 | — | 5.44× | ||
| Q3 25 | 8.26× | 2.11× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | 5.75× | 2.92× | ||
| Q1 24 | — | 2.78× |
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
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
