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FORMFACTOR INC（FORM）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
Stitch Fix, Inc.的季度营收约是FORMFACTOR INC的1.5倍（$342.1M vs $226.1M），FORMFACTOR INC净利率更高（9.0% vs -1.9%，领先10.9%），FORMFACTOR INC同比增速更快（32.0% vs 7.3%），FORMFACTOR INC自由现金流更多（$30.7M vs $5.6M），过去两年FORMFACTOR INC的营收复合增速更高（7.0% vs 1.8%）
FormFactor Inc.总部位于美国加利福尼亚州利弗莫尔，是集成电路测试测量技术领域的知名供应商，面向半导体行业客户提供各类专业产品，助力客户优化器件性能，提升芯片研发与生产环节的测试效率。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
FORM vs SFIX — 直观对比
营收规模更大
SFIX
是对方的1.5倍
$226.1M
营收增速更快
FORM
高出24.7%
7.3%
净利率更高
FORM
高出10.9%
-1.9%
自由现金流更多
FORM
多$25.2M
$5.6M
两年增速更快
FORM
近两年复合增速
1.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $226.1M | $342.1M |
| 净利润 | $20.4M | $-6.4M |
| 毛利率 | 38.4% | 43.6% |
| 营业利润率 | 7.4% | -2.5% |
| 净利率 | 9.0% | -1.9% |
| 营收同比 | 32.0% | 7.3% |
| 净利润同比 | 218.5% | -1.7% |
| 每股收益（稀释后） | $0.26 | $-0.05 |
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FORMSFIX
| Q1 26 | $226.1M | — | ||
| Q4 25 | $215.2M | $342.1M | ||
| Q3 25 | $202.7M | $311.2M | ||
| Q2 25 | $195.8M | $325.0M | ||
| Q1 25 | $171.4M | $312.1M | ||
| Q4 24 | $189.5M | $318.8M | ||
| Q3 24 | $207.9M | $319.6M | ||
| Q2 24 | $197.5M | $322.7M |
净利润FORMSFIX
| Q1 26 | $20.4M | — | ||
| Q4 25 | $23.2M | $-6.4M | ||
| Q3 25 | $15.7M | $-8.6M | ||
| Q2 25 | $9.1M | $-7.4M | ||
| Q1 25 | $6.4M | $-6.5M | ||
| Q4 24 | $9.7M | $-6.3M | ||
| Q3 24 | $18.7M | $-36.5M | ||
| Q2 24 | $19.4M | $-21.3M |
毛利率FORMSFIX
| Q1 26 | 38.4% | — | ||
| Q4 25 | 42.2% | 43.6% | ||
| Q3 25 | 39.8% | 43.6% | ||
| Q2 25 | 37.3% | 44.2% | ||
| Q1 25 | 37.7% | 44.5% | ||
| Q4 24 | 38.8% | 45.4% | ||
| Q3 24 | 40.7% | 44.6% | ||
| Q2 24 | 44.0% | 45.5% |
营业利润率FORMSFIX
| Q1 26 | 7.4% | — | ||
| Q4 25 | 10.9% | -2.5% | ||
| Q3 25 | 8.9% | -3.6% | ||
| Q2 25 | 6.3% | -3.0% | ||
| Q1 25 | 1.9% | -2.9% | ||
| Q4 24 | 4.1% | -2.8% | ||
| Q3 24 | 8.6% | -13.1% | ||
| Q2 24 | 9.0% | -7.7% |
净利率FORMSFIX
| Q1 26 | 9.0% | — | ||
| Q4 25 | 10.8% | -1.9% | ||
| Q3 25 | 7.7% | -2.8% | ||
| Q2 25 | 4.6% | -2.3% | ||
| Q1 25 | 3.7% | -2.1% | ||
| Q4 24 | 5.1% | -2.0% | ||
| Q3 24 | 9.0% | -11.4% | ||
| Q2 24 | 9.8% | -6.6% |
每股收益（稀释后）FORMSFIX
| Q1 26 | $0.26 | — | ||
| Q4 25 | $0.29 | $-0.05 | ||
| Q3 25 | $0.20 | $-0.06 | ||
| Q2 25 | $0.12 | $-0.06 | ||
| Q1 25 | $0.08 | $-0.05 | ||
| Q4 24 | $0.12 | $-0.05 | ||
| Q3 24 | $0.24 | $-0.29 | ||
| Q2 24 | $0.25 | $-0.18 |
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 | $123.5M | $244.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $204.1M |
| 总资产 | $1.3B | $530.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FORMSFIX
| Q1 26 | $123.5M | — | ||
| Q4 25 | $103.3M | $244.2M | ||
| Q3 25 | $266.0M | $234.9M | ||
| Q2 25 | $249.3M | $234.2M | ||
| Q1 25 | $299.0M | $219.1M | ||
| Q4 24 | $360.0M | $253.3M | ||
| Q3 24 | $354.5M | $247.0M | ||
| Q2 24 | $357.6M | $244.5M |
总债务FORMSFIX
| Q1 26 | — | — | ||
| Q4 25 | $12.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $13.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FORMSFIX
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.0B | $204.1M | ||
| Q3 25 | $1.0B | $203.0M | ||
| Q2 25 | $990.0M | $200.4M | ||
| Q1 25 | $965.9M | $197.8M | ||
| Q4 24 | $947.8M | $190.5M | ||
| Q3 24 | $955.0M | $187.0M | ||
| Q2 24 | $947.9M | $208.9M |
总资产FORMSFIX
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.2B | $530.7M | ||
| Q3 25 | $1.2B | $480.6M | ||
| Q2 25 | $1.2B | $484.7M | ||
| Q1 25 | $1.2B | $472.6M | ||
| Q4 24 | $1.1B | $507.1M | ||
| Q3 24 | $1.2B | $486.9M | ||
| Q2 24 | $1.2B | $537.0M |
负债/权益比FORMSFIX
| Q1 26 | — | — | ||
| Q4 25 | 0.01× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $45.0M | $10.9M |
| 自由现金流经营现金流 - 资本支出 | $30.7M | $5.6M |
| 自由现金流率自由现金流/营收 | 13.6% | 1.6% |
| 资本支出强度资本支出/营收 | 6.7% | 1.6% |
| 现金转化率经营现金流/净利润 | 2.21× | — |
| 过去12个月自由现金流最近4个季度 | $37.5M | $4.9M |
8季度趋势，按日历期对齐
经营现金流FORMSFIX
| Q1 26 | $45.0M | — | ||
| Q4 25 | $46.0M | $10.9M | ||
| Q3 25 | $27.0M | $7.0M | ||
| Q2 25 | $18.9M | $20.5M | ||
| Q1 25 | $23.5M | $-16.2M | ||
| Q4 24 | $35.9M | $14.3M | ||
| Q3 24 | $26.7M | $8.2M | ||
| Q2 24 | $21.9M | $21.7M |
自由现金流FORMSFIX
| Q1 26 | $30.7M | — | ||
| Q4 25 | $34.7M | $5.6M | ||
| Q3 25 | $19.5M | $2.8M | ||
| Q2 25 | $-47.4M | $16.0M | ||
| Q1 25 | $5.0M | $-19.4M | ||
| Q4 24 | $28.3M | $9.9M | ||
| Q3 24 | $17.8M | $4.5M | ||
| Q2 24 | $13.5M | $18.9M |
自由现金流率FORMSFIX
| Q1 26 | 13.6% | — | ||
| Q4 25 | 16.1% | 1.6% | ||
| Q3 25 | 9.6% | 0.9% | ||
| Q2 25 | -24.2% | 4.9% | ||
| Q1 25 | 2.9% | -6.2% | ||
| Q4 24 | 14.9% | 3.1% | ||
| Q3 24 | 8.6% | 1.4% | ||
| Q2 24 | 6.8% | 5.9% |
资本支出强度FORMSFIX
| Q1 26 | 6.7% | — | ||
| Q4 25 | 5.3% | 1.6% | ||
| Q3 25 | 3.7% | 1.4% | ||
| Q2 25 | 33.8% | 1.4% | ||
| Q1 25 | 10.8% | 1.0% | ||
| Q4 24 | 4.0% | 1.4% | ||
| Q3 24 | 4.3% | 1.2% | ||
| Q2 24 | 4.3% | 0.9% |
现金转化率FORMSFIX
| Q1 26 | 2.21× | — | ||
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 2.08× | — | ||
| Q1 25 | 3.68× | — | ||
| Q4 24 | 3.70× | — | ||
| Q3 24 | 1.43× | — | ||
| Q2 24 | 1.13× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
