vs
FactSet（FDS）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
思佳讯的季度营收约是FactSet的1.7倍（$1.0B vs $607.6M），FactSet净利率更高（25.1% vs 7.6%，领先17.5%），思佳讯同比增速更快（8.6% vs 6.9%），思佳讯自由现金流更多（$339.0M vs $90.4M），过去两年FactSet的营收复合增速更高（5.5% vs -0.5%）
FactSet是总部位于美国康涅狄格州诺沃克的金融数据与软件企业，为客户提供一体化数据及软件解决方案。2024财年，公司年度订阅价值与专业服务营收合计22亿美元，当前总市值约170亿美元。
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。
FDS vs SWKS — 直观对比
营收规模更大
SWKS
是对方的1.7倍
$607.6M
营收增速更快
SWKS
高出1.8%
6.9%
净利率更高
FDS
高出17.5%
7.6%
自由现金流更多
SWKS
多$248.6M
$90.4M
两年增速更快
FDS
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $607.6M | $1.0B |
| 净利润 | $152.6M | $79.2M |
| 毛利率 | 52.6% | 41.3% |
| 营业利润率 | 31.6% | 10.0% |
| 净利率 | 25.1% | 7.6% |
| 营收同比 | 6.9% | 8.6% |
| 净利润同比 | 1.7% | 15.3% |
| 每股收益（稀释后） | $4.06 | $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FDSSWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $607.6M | $1.1B | ||
| Q3 25 | $596.9M | — | ||
| Q2 25 | $585.5M | $965.0M | ||
| Q1 25 | $570.7M | $953.2M | ||
| Q4 24 | $568.7M | $1.1B | ||
| Q3 24 | $562.2M | $1.0B | ||
| Q2 24 | $552.7M | $905.5M |
净利润FDSSWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $152.6M | $141.4M | ||
| Q3 25 | $153.6M | — | ||
| Q2 25 | $148.5M | $105.0M | ||
| Q1 25 | $144.9M | $68.7M | ||
| Q4 24 | $150.0M | $162.0M | ||
| Q3 24 | $89.5M | $60.5M | ||
| Q2 24 | $158.1M | $120.9M |
毛利率FDSSWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | 52.6% | 40.7% | ||
| Q3 25 | 51.6% | — | ||
| Q2 25 | 52.1% | 41.6% | ||
| Q1 25 | 52.8% | 41.1% | ||
| Q4 24 | 54.5% | 41.4% | ||
| Q3 24 | 54.1% | 41.9% | ||
| Q2 24 | 55.3% | 40.2% |
营业利润率FDSSWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 31.6% | 10.1% | ||
| Q3 25 | 29.7% | — | ||
| Q2 25 | 33.2% | 11.5% | ||
| Q1 25 | 32.5% | 10.2% | ||
| Q4 24 | 33.6% | 16.9% | ||
| Q3 24 | 22.7% | 5.8% | ||
| Q2 24 | 36.6% | 14.4% |
净利率FDSSWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 25.1% | 12.9% | ||
| Q3 25 | 25.7% | — | ||
| Q2 25 | 25.4% | 10.9% | ||
| Q1 25 | 25.4% | 7.2% | ||
| Q4 24 | 26.4% | 15.2% | ||
| Q3 24 | 15.9% | 5.9% | ||
| Q2 24 | 28.6% | 13.4% |
每股收益（稀释后）FDSSWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $4.06 | $0.95 | ||
| Q3 25 | $4.03 | — | ||
| Q2 25 | $3.87 | $0.70 | ||
| Q1 25 | $3.76 | $0.43 | ||
| Q4 24 | $3.89 | $1.00 | ||
| Q3 24 | $2.33 | $0.36 | ||
| Q2 24 | $4.09 | $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 | $292.7M | $1.6B |
| 总债务越低越好 | $1.4B | $496.6M |
| 股东权益账面价值 | $2.2B | $5.8B |
| 总资产 | $4.2B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.63× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资FDSSWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $292.7M | $1.4B | ||
| Q3 25 | $355.1M | — | ||
| Q2 25 | $364.0M | $1.3B | ||
| Q1 25 | $287.0M | $1.5B | ||
| Q4 24 | $358.8M | $1.7B | ||
| Q3 24 | $492.6M | $1.6B | ||
| Q2 24 | $522.0M | $1.3B |
总债务FDSSWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $1.4B | $496.4M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | $496.2M | ||
| Q1 25 | $1.5B | $995.1M | ||
| Q4 24 | $1.4B | $994.7M | ||
| Q3 24 | $1.4B | $994.3M | ||
| Q2 24 | $1.4B | $994.0M |
股东权益FDSSWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $2.2B | $5.8B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | $5.7B | ||
| Q1 25 | $2.1B | $5.9B | ||
| Q4 24 | $2.0B | $6.4B | ||
| Q3 24 | $1.9B | $6.3B | ||
| Q2 24 | $1.9B | $6.3B |
总资产FDSSWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $4.2B | $7.9B | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.3B | $7.7B | ||
| Q1 25 | $4.2B | $7.9B | ||
| Q4 24 | $4.0B | $8.3B | ||
| Q3 24 | $4.1B | $8.3B | ||
| Q2 24 | $4.0B | $8.2B |
负债/权益比FDSSWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.63× | 0.09× | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.66× | 0.09× | ||
| Q1 25 | 0.72× | 0.17× | ||
| Q4 24 | 0.68× | 0.16× | ||
| Q3 24 | 0.71× | 0.16× | ||
| Q2 24 | 0.76× | 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 | $121.3M | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $90.4M | $339.0M |
| 自由现金流率自由现金流/营收 | 14.9% | 32.7% |
| 资本支出强度资本支出/营收 | 5.1% | 5.5% |
| 现金转化率经营现金流/净利润 | 0.79× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $647.4M | $1.1B |
8季度趋势，按日历期对齐
经营现金流FDSSWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $121.3M | $200.0M | ||
| Q3 25 | $212.1M | — | ||
| Q2 25 | $253.8M | $314.2M | ||
| Q1 25 | $174.0M | $409.4M | ||
| Q4 24 | $86.4M | $377.2M | ||
| Q3 24 | $163.2M | $476.1M | ||
| Q2 24 | $238.2M | $273.4M |
自由现金流FDSSWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $90.4M | $144.0M | ||
| Q3 25 | $178.1M | — | ||
| Q2 25 | $228.6M | $252.7M | ||
| Q1 25 | $150.2M | $370.9M | ||
| Q4 24 | $60.5M | $338.2M | ||
| Q3 24 | $137.2M | $393.3M | ||
| Q2 24 | $216.9M | $249.0M |
自由现金流率FDSSWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 14.9% | 13.1% | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 39.0% | 26.2% | ||
| Q1 25 | 26.3% | 38.9% | ||
| Q4 24 | 10.6% | 31.7% | ||
| Q3 24 | 24.4% | 38.4% | ||
| Q2 24 | 39.2% | 27.5% |
资本支出强度FDSSWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 5.1% | 5.1% | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 4.3% | 6.4% | ||
| Q1 25 | 4.2% | 4.0% | ||
| Q4 24 | 4.5% | 3.6% | ||
| Q3 24 | 4.6% | 8.1% | ||
| Q2 24 | 3.9% | 2.7% |
现金转化率FDSSWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 0.79× | 1.41× | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.71× | 2.99× | ||
| Q1 25 | 1.20× | 5.96× | ||
| Q4 24 | 0.58× | 2.33× | ||
| Q3 24 | 1.82× | 7.87× | ||
| Q2 24 | 1.51× | 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
FDS
| Americas Segment | $399.7M | 66% |
| EMEA Segment | $149.1M | 25% |
| Asia Pacific Segment | $62.2M | 10% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
