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Hims & Hers Health, Inc.（HIMS）与微芯科技（MCHP）财务数据对比。点击上方公司名可切换其他公司
微芯科技的季度营收约是Hims & Hers Health, Inc.的1.9倍（$1.2B vs $617.8M），微芯科技净利率更高（5.3% vs 3.3%，领先2.0%），Hims & Hers Health, Inc.同比增速更快（28.4% vs 15.6%），微芯科技自由现金流更多（$318.9M vs $-2.5M），过去两年Hims & Hers Health, Inc.的营收复合增速更高（49.0% vs -5.4%）
Hims & Hers Health, Inc.是2017年成立的美国远程医疗企业，面向消费者提供处方药品、非处方药物以及各类个人护理产品，依托线上服务模式为用户打造便捷的健康消费渠道，覆盖日常医疗、个护等多场景需求。
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
HIMS vs MCHP — 直观对比
营收规模更大
MCHP
是对方的1.9倍
$617.8M
营收增速更快
HIMS
高出12.8%
15.6%
净利率更高
MCHP
高出2.0%
3.3%
自由现金流更多
MCHP
多$321.4M
$-2.5M
两年增速更快
HIMS
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $617.8M | $1.2B |
| 净利润 | $20.6M | $62.7M |
| 毛利率 | 71.9% | 59.6% |
| 营业利润率 | 1.5% | 12.8% |
| 净利率 | 3.3% | 5.3% |
| 营收同比 | 28.4% | 15.6% |
| 净利润同比 | -20.8% | 217.0% |
| 每股收益（稀释后） | $0.08 | $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HIMSMCHP
| Q4 25 | $617.8M | $1.2B | ||
| Q3 25 | $599.0M | $1.1B | ||
| Q2 25 | $544.8M | $1.1B | ||
| Q1 25 | $586.0M | $970.5M | ||
| Q4 24 | $481.1M | $1.0B | ||
| Q3 24 | $401.6M | $1.2B | ||
| Q2 24 | $315.6M | $1.2B | ||
| Q1 24 | $278.2M | $1.3B |
净利润HIMSMCHP
| Q4 25 | $20.6M | $62.7M | ||
| Q3 25 | $15.8M | $41.7M | ||
| Q2 25 | $42.5M | $-18.6M | ||
| Q1 25 | $49.5M | $-154.6M | ||
| Q4 24 | $26.0M | $-53.6M | ||
| Q3 24 | $75.6M | $78.4M | ||
| Q2 24 | $13.3M | $129.3M | ||
| Q1 24 | $11.1M | $154.7M |
毛利率HIMSMCHP
| Q4 25 | 71.9% | 59.6% | ||
| Q3 25 | 73.8% | 55.9% | ||
| Q2 25 | 76.4% | 53.6% | ||
| Q1 25 | 73.5% | 51.6% | ||
| Q4 24 | 76.8% | 54.7% | ||
| Q3 24 | 79.2% | 57.4% | ||
| Q2 24 | 81.3% | 59.4% | ||
| Q1 24 | 82.4% | 59.6% |
营业利润率HIMSMCHP
| Q4 25 | 1.5% | 12.8% | ||
| Q3 25 | 2.0% | 7.8% | ||
| Q2 25 | 4.9% | 3.0% | ||
| Q1 25 | 9.9% | -10.3% | ||
| Q4 24 | 3.9% | 3.0% | ||
| Q3 24 | 5.6% | 12.6% | ||
| Q2 24 | 3.5% | 17.7% | ||
| Q1 24 | 3.6% | 19.1% |
净利率HIMSMCHP
| Q4 25 | 3.3% | 5.3% | ||
| Q3 25 | 2.6% | 3.7% | ||
| Q2 25 | 7.8% | -1.7% | ||
| Q1 25 | 8.4% | -15.9% | ||
| Q4 24 | 5.4% | -5.2% | ||
| Q3 24 | 18.8% | 6.7% | ||
| Q2 24 | 4.2% | 10.4% | ||
| Q1 24 | 4.0% | 11.7% |
每股收益（稀释后）HIMSMCHP
| Q4 25 | $0.08 | $0.06 | ||
| Q3 25 | $0.06 | $0.03 | ||
| Q2 25 | $0.17 | $-0.09 | ||
| Q1 25 | $0.20 | $-0.29 | ||
| Q4 24 | $0.10 | $-0.10 | ||
| Q3 24 | $0.32 | $0.14 | ||
| Q2 24 | $0.06 | $0.24 | ||
| Q1 24 | $0.05 | $0.29 |
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 | $228.6M | $250.7M |
| 总债务越低越好 | — | $5.4B |
| 股东权益账面价值 | $540.9M | $6.6B |
| 总资产 | $2.2B | $14.3B |
| 负债/权益比越低杠杆越低 | — | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资HIMSMCHP
| Q4 25 | $228.6M | $250.7M | ||
| Q3 25 | $345.8M | $236.8M | ||
| Q2 25 | $1.1B | $566.5M | ||
| Q1 25 | $273.7M | $771.7M | ||
| Q4 24 | $220.6M | $586.0M | ||
| Q3 24 | $165.5M | $286.1M | ||
| Q2 24 | $129.3M | $315.1M | ||
| Q1 24 | $105.2M | $319.7M |
总债务HIMSMCHP
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B | ||
| Q1 24 | — | $6.0B |
股东权益HIMSMCHP
| Q4 25 | $540.9M | $6.6B | ||
| Q3 25 | $581.0M | $6.7B | ||
| Q2 25 | $562.7M | $6.9B | ||
| Q1 25 | $549.3M | $7.1B | ||
| Q4 24 | $476.7M | $6.0B | ||
| Q3 24 | $440.1M | $6.3B | ||
| Q2 24 | $362.0M | $6.4B | ||
| Q1 24 | $344.5M | $6.7B |
总资产HIMSMCHP
| Q4 25 | $2.2B | $14.3B | ||
| Q3 25 | $2.2B | $14.5B | ||
| Q2 25 | $1.9B | $15.0B | ||
| Q1 25 | $891.7M | $15.4B | ||
| Q4 24 | $707.5M | $15.6B | ||
| Q3 24 | $602.3M | $15.6B | ||
| Q2 24 | $480.5M | $15.8B | ||
| Q1 24 | $448.1M | $15.9B |
负债/权益比HIMSMCHP
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 0.90× |
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 | $61.3M | $341.4M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $318.9M |
| 自由现金流率自由现金流/营收 | -0.4% | 26.9% |
| 资本支出强度资本支出/营收 | 10.3% | 1.9% |
| 现金转化率经营现金流/净利润 | 2.98× | 5.44× |
| 过去12个月自由现金流最近4个季度 | $57.4M | $819.9M |
8季度趋势，按日历期对齐
经营现金流HIMSMCHP
| Q4 25 | $61.3M | $341.4M | ||
| Q3 25 | $148.7M | $88.1M | ||
| Q2 25 | $-19.1M | $275.6M | ||
| Q1 25 | $109.1M | $205.9M | ||
| Q4 24 | $86.4M | $271.5M | ||
| Q3 24 | $85.3M | $43.6M | ||
| Q2 24 | $53.6M | $377.1M | ||
| Q1 24 | $25.8M | $430.0M |
自由现金流HIMSMCHP
| Q4 25 | $-2.5M | $318.9M | ||
| Q3 25 | $79.3M | $51.6M | ||
| Q2 25 | $-69.5M | $257.7M | ||
| Q1 25 | $50.1M | $191.7M | ||
| Q4 24 | $59.5M | $253.4M | ||
| Q3 24 | $79.4M | $22.8M | ||
| Q2 24 | $47.6M | $304.2M | ||
| Q1 24 | $11.8M | $389.9M |
自由现金流率HIMSMCHP
| Q4 25 | -0.4% | 26.9% | ||
| Q3 25 | 13.2% | 4.5% | ||
| Q2 25 | -12.8% | 24.0% | ||
| Q1 25 | 8.5% | 19.8% | ||
| Q4 24 | 12.4% | 24.7% | ||
| Q3 24 | 19.8% | 2.0% | ||
| Q2 24 | 15.1% | 24.5% | ||
| Q1 24 | 4.3% | 29.4% |
资本支出强度HIMSMCHP
| Q4 25 | 10.3% | 1.9% | ||
| Q3 25 | 11.6% | 3.2% | ||
| Q2 25 | 9.3% | 1.7% | ||
| Q1 25 | 10.1% | 1.5% | ||
| Q4 24 | 5.6% | 1.8% | ||
| Q3 24 | 1.5% | 1.8% | ||
| Q2 24 | 1.9% | 5.9% | ||
| Q1 24 | 5.0% | 3.0% |
现金转化率HIMSMCHP
| Q4 25 | 2.98× | 5.44× | ||
| Q3 25 | 9.43× | 2.11× | ||
| Q2 25 | -0.45× | — | ||
| Q1 25 | 2.20× | — | ||
| Q4 24 | 3.32× | — | ||
| Q3 24 | 1.13× | 0.56× | ||
| Q2 24 | 4.03× | 2.92× | ||
| Q1 24 | 2.32× | 2.78× |
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
HIMS
暂无分部数据
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
