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格罗方德（GFS）与Qorvo, Inc.（QRVO）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是Qorvo, Inc.的1.7倍（$1.7B vs $993.0M），Qorvo, Inc.净利率更高（16.5% vs 14.8%，领先1.8%），Qorvo, Inc.同比增速更快（8.4% vs -2.9%），过去两年Qorvo, Inc.的营收复合增速更高（2.7% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
Qorvo是一家美国跨国企业，专注于无线、有线及电源市场相关产品的研发与供应。该公司由TriQuint半导体与RF Micro Devices合并而来，合并计划于2014年公布，2015年1月1日正式完成，在纳斯达克挂牌上市，股票代码QRVO，原实行双总部制，2016年中起将北卡罗来纳州基地作为总部所在地。
GFS vs QRVO — 直观对比
营收规模更大
GFS
是对方的1.7倍
$993.0M
营收增速更快
QRVO
高出11.3%
-2.9%
净利率更高
QRVO
高出1.8%
14.8%
两年增速更快
QRVO
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $993.0M |
| 净利润 | $249.0M | $164.1M |
| 毛利率 | 24.8% | 46.7% |
| 营业利润率 | 11.6% | 19.4% |
| 净利率 | 14.8% | 16.5% |
| 营收同比 | -2.9% | 8.4% |
| 净利润同比 | 39.9% | 297.5% |
| 每股收益（稀释后） | $0.44 | $1.75 |
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GFSQRVO
| Q4 25 | — | $993.0M | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.7B | $818.8M | ||
| Q1 25 | $1.6B | $869.5M | ||
| Q4 24 | — | $916.3M | ||
| Q3 24 | $1.7B | $1.0B | ||
| Q2 24 | $1.6B | $886.7M | ||
| Q1 24 | $1.5B | $941.0M |
净利润GFSQRVO
| Q4 25 | — | $164.1M | ||
| Q3 25 | $249.0M | $119.6M | ||
| Q2 25 | $228.0M | $25.6M | ||
| Q1 25 | $211.0M | $31.4M | ||
| Q4 24 | — | $41.3M | ||
| Q3 24 | $178.0M | $-17.4M | ||
| Q2 24 | $155.0M | $414.0K | ||
| Q1 24 | $134.0M | $2.7M |
毛利率GFSQRVO
| Q4 25 | — | 46.7% | ||
| Q3 25 | 24.8% | 47.0% | ||
| Q2 25 | 24.2% | 40.5% | ||
| Q1 25 | 22.4% | 42.2% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | 23.8% | 42.6% | ||
| Q2 24 | 24.2% | 37.5% | ||
| Q1 24 | 25.4% | 40.6% |
营业利润率GFSQRVO
| Q4 25 | — | 19.4% | ||
| Q3 25 | 11.6% | 14.9% | ||
| Q2 25 | 11.6% | 3.7% | ||
| Q1 25 | 9.5% | 3.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 10.6% | 0.9% | ||
| Q2 24 | 9.5% | 0.5% | ||
| Q1 24 | 9.5% | 3.2% |
净利率GFSQRVO
| Q4 25 | — | 16.5% | ||
| Q3 25 | 14.8% | 11.3% | ||
| Q2 25 | 13.5% | 3.1% | ||
| Q1 25 | 13.3% | 3.6% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | 10.2% | -1.7% | ||
| Q2 24 | 9.5% | 0.0% | ||
| Q1 24 | 8.7% | 0.3% |
每股收益（稀释后）GFSQRVO
| Q4 25 | — | $1.75 | ||
| Q3 25 | $0.44 | $1.28 | ||
| Q2 25 | $0.41 | $0.27 | ||
| Q1 25 | $0.38 | $0.33 | ||
| Q4 24 | — | $0.43 | ||
| Q3 24 | $0.32 | $-0.18 | ||
| Q2 24 | $0.28 | $0.00 | ||
| Q1 24 | $0.24 | $0.04 |
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 | $2.0B | $1.3B |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $11.8B | $3.7B |
| 总资产 | $16.7B | $6.2B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资GFSQRVO
| Q4 25 | — | $1.3B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | — | $769.4M | ||
| Q3 24 | $2.3B | $1.1B | ||
| Q2 24 | $2.2B | $1.1B | ||
| Q1 24 | $2.2B | $1.0B |
总债务GFSQRVO
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
股东权益GFSQRVO
| Q4 25 | — | $3.7B | ||
| Q3 25 | $11.8B | $3.5B | ||
| Q2 25 | $11.5B | $3.4B | ||
| Q1 25 | $11.1B | $3.4B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | $11.6B | $3.4B | ||
| Q2 24 | $11.3B | $3.5B | ||
| Q1 24 | $11.3B | $3.6B |
总资产GFSQRVO
| Q4 25 | — | $6.2B | ||
| Q3 25 | $16.7B | $6.1B | ||
| Q2 25 | $16.8B | $6.0B | ||
| Q1 25 | $16.5B | $5.9B | ||
| Q4 24 | — | $6.0B | ||
| Q3 24 | $18.1B | $6.5B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.6B |
负债/权益比GFSQRVO
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | — | 0.45× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.45× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.44× |
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 | $595.0M | $265.4M |
| 自由现金流经营现金流 - 资本支出 | — | $236.9M |
| 自由现金流率自由现金流/营收 | — | 23.9% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | 2.39× | 1.62× |
| 过去12个月自由现金流最近4个季度 | — | $595.2M |
8季度趋势，按日历期对齐
经营现金流GFSQRVO
| Q4 25 | — | $265.4M | ||
| Q3 25 | $595.0M | $84.0M | ||
| Q2 25 | $431.0M | $182.9M | ||
| Q1 25 | $331.0M | $199.2M | ||
| Q4 24 | — | $214.1M | ||
| Q3 24 | $375.0M | $127.8M | ||
| Q2 24 | $402.0M | $81.1M | ||
| Q1 24 | $488.0M | — |
自由现金流GFSQRVO
| Q4 25 | — | $236.9M | ||
| Q3 25 | — | $42.2M | ||
| Q2 25 | — | $145.4M | ||
| Q1 25 | — | $170.7M | ||
| Q4 24 | — | $176.2M | ||
| Q3 24 | — | $94.8M | ||
| Q2 24 | — | $42.9M | ||
| Q1 24 | — | — |
自由现金流率GFSQRVO
| Q4 25 | — | 23.9% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | 19.6% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 4.8% | ||
| Q1 24 | — | — |
资本支出强度GFSQRVO
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | — |
现金转化率GFSQRVO
| Q4 25 | — | 1.62× | ||
| Q3 25 | 2.39× | 0.70× | ||
| Q2 25 | 1.89× | 7.15× | ||
| Q1 25 | 1.57× | 6.35× | ||
| Q4 24 | — | 5.19× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 2.59× | 195.86× | ||
| Q1 24 | 3.64× | — |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
QRVO
| ACG | $690.8M | 70% |
| HPA | $190.9M | 19% |
| CSG | $111.3M | 11% |
