vs
Galaxy Digital Inc.（GLXY）与台积电（TSM）财务数据对比。点击上方公司名可切换其他公司
台积电的季度营收约是Galaxy Digital Inc.的1.5倍（$35.5B vs $23.3B），台积电净利率更高（50.5% vs -3.3%，领先53.8%）
Digital Chocolate是总部位于美国加州圣马特奥的电子游戏开发发行商，由艺电（EA）及3DO公司创始人特里普·霍金斯于2003年创立，主打Java ME功能机、iOS、Windows平台游戏，也推出过部分非娱乐类产品，品牌口号为「把握当下」。
台积电是全球规模最大的专业独立半导体晶圆代工厂，总部位于中国台湾新竹，主要为无晶圆厂客户代工生产先进逻辑芯片，服务客户包括苹果、英伟达、AMD、高通和博通等，在3纳米、5纳米、7纳米等先进制程节点领域处于行业领先地位。
GLXY vs TSM — 直观对比
营收规模更大
TSM
是对方的1.5倍
$23.3B
净利率更高
TSM
高出53.8%
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $23.3B | $35.5B |
| 净利润 | $-777.1M | $17.9B |
| 毛利率 | — | 66.2% |
| 营业利润率 | -3.7% | 58.0% |
| 净利率 | -3.3% | 50.5% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $111.55 |
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GLXYTSM
| Q1 26 | — | $35.5B | ||
| Q4 25 | $23.3B | $32.7B | ||
| Q3 25 | $28.4B | $30.7B | ||
| Q2 25 | $8.6B | $28.9B | ||
| Q1 25 | $0 | $26.0B | ||
| Q4 24 | — | $88.3B | ||
| Q3 24 | $8.5B | — | ||
| Q2 24 | $8.9B | — |
净利润GLXYTSM
| Q1 26 | — | $17.9B | ||
| Q4 25 | $-777.1M | $15.8B | ||
| Q3 25 | $505.1M | $14.0B | ||
| Q2 25 | $30.7M | $12.3B | ||
| Q1 25 | $0 | $11.2B | ||
| Q4 24 | — | $35.3B | ||
| Q3 24 | $-33.3M | — | ||
| Q2 24 | $-125.6M | — |
毛利率GLXYTSM
| Q1 26 | — | 66.2% | ||
| Q4 25 | — | 62.3% | ||
| Q3 25 | — | 59.5% | ||
| Q2 25 | — | 58.6% | ||
| Q1 25 | — | 58.8% | ||
| Q4 24 | — | 56.1% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率GLXYTSM
| Q1 26 | — | 58.0% | ||
| Q4 25 | -3.7% | 53.9% | ||
| Q3 25 | 1.9% | 50.6% | ||
| Q2 25 | 0.5% | 49.6% | ||
| Q1 25 | — | 48.5% | ||
| Q4 24 | — | 45.7% | ||
| Q3 24 | -0.5% | — | ||
| Q2 24 | -1.6% | — |
净利率GLXYTSM
| Q1 26 | — | 50.5% | ||
| Q4 25 | -3.3% | 48.3% | ||
| Q3 25 | 1.8% | 45.7% | ||
| Q2 25 | 0.4% | 42.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | — | 40.0% | ||
| Q3 24 | -0.4% | — | ||
| Q2 24 | -1.4% | — |
每股收益（稀释后）GLXYTSM
| Q1 26 | — | $111.55 | ||
| Q4 25 | — | $98.45 | ||
| Q3 25 | — | $87.20 | ||
| Q2 25 | — | $76.80 | ||
| Q1 25 | — | $69.70 | ||
| Q4 24 | — | $1.36 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | — |
| 总资产 | $11.3B | — |
| 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GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.0K | — | ||
| Q4 24 | — | $64.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.0K | — | ||
| Q4 24 | — | $130.5B | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.1B | — |
总资产GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | $11.3B | — | ||
| Q3 25 | $11.5B | — | ||
| Q2 25 | $9.1B | — | ||
| Q1 25 | $1.0K | — | ||
| Q4 24 | — | $204.1B | ||
| 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 | $-1.1B | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | $-1.1B | — | ||
| Q3 25 | $427.7M | — | ||
| Q2 25 | $329.3M | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | — | $55.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $189.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $26.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 33.0% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率GLXYTSM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.85× | — | ||
| Q2 25 | 10.73× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
GLXY
| Other | $13.0B | 56% |
| Digital Assets Sales | $10.2B | 44% |
| Blockchain Rewards | $57.0M | 0% |
| Fee | $27.4M | 0% |
| Blockchain Rewards From Non Customers | $1.7M | 0% |
TSM
暂无分部数据
