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弗雷斯特研究公司（FORR）与莱迪思半导体（LSCC）财务数据对比。点击上方公司名可切换其他公司
莱迪思半导体的季度营收约是弗雷斯特研究公司的1.4倍（$145.8M vs $101.1M），莱迪思半导体净利率更高（-5.2% vs -33.5%，领先28.3%），莱迪思半导体同比增速更快（9.3% vs -6.5%），莱迪思半导体自由现金流更多（$44.0M vs $-4.3M），过去两年莱迪思半导体的营收复合增速更高（8.4% vs 0.5%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
莱迪思半导体是美国专注于低功耗现场可编程门阵列（FPGA）设计制造的半导体企业，1983年成立，1989年上市，总部位于俄勒冈州希尔斯伯勒硅林区，在圣何塞、上海、马尼拉、槟城、新加坡等地设有运营网点，截至2022年员工超1000人，年营收超6.6亿美元。
FORR vs LSCC — 直观对比
营收规模更大
LSCC
是对方的1.4倍
$101.1M
营收增速更快
LSCC
高出15.8%
-6.5%
净利率更高
LSCC
高出28.3%
-33.5%
自由现金流更多
LSCC
多$48.3M
$-4.3M
两年增速更快
LSCC
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $145.8M |
| 净利润 | $-33.9M | $-7.6M |
| 毛利率 | 56.7% | 68.5% |
| 营业利润率 | -36.6% | 30.7% |
| 净利率 | -33.5% | -5.2% |
| 营收同比 | -6.5% | 9.3% |
| 净利润同比 | -7941.4% | 14.6% |
| 每股收益（稀释后） | $-1.75 | $-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FORRLSCC
| Q1 26 | — | $145.8M | ||
| Q4 25 | $101.1M | — | ||
| Q3 25 | $94.3M | $133.3M | ||
| Q2 25 | $111.7M | $124.0M | ||
| Q1 25 | $89.9M | $120.2M | ||
| Q4 24 | $108.0M | $117.4M | ||
| Q3 24 | $102.5M | $127.1M | ||
| Q2 24 | $121.8M | $124.1M |
净利润FORRLSCC
| Q1 26 | — | $-7.6M | ||
| Q4 25 | $-33.9M | — | ||
| Q3 25 | $-2.1M | $2.8M | ||
| Q2 25 | $3.9M | $2.9M | ||
| Q1 25 | $-87.3M | $5.0M | ||
| Q4 24 | $432.0K | $16.5M | ||
| Q3 24 | $-5.8M | $7.2M | ||
| Q2 24 | $6.3M | $22.6M |
毛利率FORRLSCC
| Q1 26 | — | 68.5% | ||
| Q4 25 | 56.7% | — | ||
| Q3 25 | 60.0% | 67.9% | ||
| Q2 25 | 55.5% | 68.4% | ||
| Q1 25 | 55.9% | 68.0% | ||
| Q4 24 | 58.8% | 61.1% | ||
| Q3 24 | 60.5% | 69.0% | ||
| Q2 24 | 57.3% | 68.3% |
营业利润率FORRLSCC
| Q1 26 | — | 0.7% | ||
| Q4 25 | -36.6% | — | ||
| Q3 25 | 4.7% | -1.2% | ||
| Q2 25 | 6.2% | 3.8% | ||
| Q1 25 | -97.5% | 5.8% | ||
| Q4 24 | -0.5% | -10.4% | ||
| Q3 24 | -0.7% | 5.9% | ||
| Q2 24 | 9.3% | 18.2% |
净利率FORRLSCC
| Q1 26 | — | -5.2% | ||
| Q4 25 | -33.5% | — | ||
| Q3 25 | -2.3% | 2.1% | ||
| Q2 25 | 3.5% | 2.3% | ||
| Q1 25 | -97.1% | 4.2% | ||
| Q4 24 | 0.4% | 14.1% | ||
| Q3 24 | -5.7% | 5.7% | ||
| Q2 24 | 5.2% | 18.2% |
每股收益（稀释后）FORRLSCC
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $-1.75 | — | ||
| Q3 25 | $-0.11 | $0.02 | ||
| Q2 25 | $0.20 | $0.02 | ||
| Q1 25 | $-4.62 | $0.04 | ||
| Q4 24 | $0.02 | $0.12 | ||
| Q3 24 | $-0.30 | $0.05 | ||
| Q2 24 | $0.33 | $0.16 |
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 | $63.3M | $133.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $714.1M |
| 总资产 | $404.0M | — |
| 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FORRLSCC
| Q1 26 | — | $133.9M | ||
| Q4 25 | $63.3M | — | ||
| Q3 25 | $65.1M | $117.9M | ||
| Q2 25 | $67.8M | $107.2M | ||
| Q1 25 | $75.6M | $127.6M | ||
| Q4 24 | $56.1M | $136.3M | ||
| Q3 24 | $62.8M | $124.3M | ||
| Q2 24 | $58.9M | $109.2M |
股东权益FORRLSCC
| Q1 26 | — | $714.1M | ||
| Q4 25 | $126.5M | — | ||
| Q3 25 | $157.7M | $706.4M | ||
| Q2 25 | $159.5M | $687.0M | ||
| Q1 25 | $147.4M | $707.9M | ||
| Q4 24 | $229.5M | $710.9M | ||
| Q3 24 | $234.3M | $703.5M | ||
| Q2 24 | $237.1M | $698.8M |
总资产FORRLSCC
| Q1 26 | — | $883.1M | ||
| Q4 25 | $404.0M | — | ||
| Q3 25 | $414.2M | $844.4M | ||
| Q2 25 | $436.0M | $808.6M | ||
| Q1 25 | $439.8M | $823.6M | ||
| Q4 24 | $503.9M | $843.9M | ||
| Q3 24 | $505.3M | $853.7M | ||
| Q2 24 | $524.2M | $827.5M |
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 | $-3.2M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $44.0M |
| 自由现金流率自由现金流/营收 | -4.2% | 30.2% |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | $18.1M | $153.3M |
8季度趋势，按日历期对齐
经营现金流FORRLSCC
| Q1 26 | — | $57.6M | ||
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $1.2M | $47.1M | ||
| Q2 25 | $-3.6M | $38.5M | ||
| Q1 25 | $26.7M | $31.9M | ||
| Q4 24 | $-1.8M | $45.4M | ||
| Q3 24 | $264.0K | $44.0M | ||
| Q2 24 | $-2.9M | $21.9M |
自由现金流FORRLSCC
| Q1 26 | — | $44.0M | ||
| Q4 25 | $-4.3M | — | ||
| Q3 25 | $524.0K | $34.0M | ||
| Q2 25 | $-4.2M | $31.3M | ||
| Q1 25 | $26.1M | $23.3M | ||
| Q4 24 | $-2.5M | $39.7M | ||
| Q3 24 | $-223.0K | $39.4M | ||
| Q2 24 | $-3.7M | $14.8M |
自由现金流率FORRLSCC
| Q1 26 | — | 30.2% | ||
| Q4 25 | -4.2% | — | ||
| Q3 25 | 0.6% | 25.5% | ||
| Q2 25 | -3.8% | 25.2% | ||
| Q1 25 | 29.0% | 19.4% | ||
| Q4 24 | -2.3% | 33.8% | ||
| Q3 24 | -0.2% | 31.0% | ||
| Q2 24 | -3.1% | 11.9% |
资本支出强度FORRLSCC
| Q1 26 | — | 9.3% | ||
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.7% | 9.8% | ||
| Q2 25 | 0.5% | 5.8% | ||
| Q1 25 | 0.7% | 7.2% | ||
| Q4 24 | 0.6% | 4.9% | ||
| Q3 24 | 0.5% | 3.7% | ||
| Q2 24 | 0.7% | 5.8% |
现金转化率FORRLSCC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.86× | ||
| Q2 25 | -0.93× | 13.23× | ||
| Q1 25 | — | 6.35× | ||
| Q4 24 | -4.24× | 2.75× | ||
| Q3 24 | — | 6.12× | ||
| Q2 24 | -0.46× | 0.97× |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
LSCC
暂无分部数据
