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因塞特（INCY）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
因塞特的季度营收约是Monolithic Power Systems的1.7倍（$1.3B vs $751.2M），因塞特净利率更高（23.8% vs 22.9%，领先1.0%），Monolithic Power Systems同比增速更快（20.8% vs 19.8%），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs 10.4%）
因塞特是总部位于美国特拉华州威尔明顿的跨国制药企业，目前在北美、欧洲及亚洲多地设有生产基地与研发中心，专注于创新药物的研发、生产及商业化，为全球患者提供优质的治疗选择。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
INCY vs MPWR — 直观对比
营收规模更大
INCY
是对方的1.7倍
$751.2M
营收增速更快
MPWR
高出1.1%
19.8%
净利率更高
INCY
高出1.0%
22.9%
两年增速更快
MPWR
近两年复合增速
10.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $751.2M |
| 净利润 | $303.3M | $171.7M |
| 毛利率 | — | 55.2% |
| 营业利润率 | 23.7% | 26.6% |
| 净利率 | 23.8% | 22.9% |
| 营收同比 | 19.8% | 20.8% |
| 净利润同比 | 91.7% | -86.3% |
| 每股收益（稀释后） | $1.47 | $3.50 |
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INCYMPWR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $751.2M | ||
| Q3 25 | $1.4B | $737.2M | ||
| Q2 25 | $1.2B | $664.6M | ||
| Q1 25 | $1.1B | $637.6M | ||
| Q4 24 | $1.2B | $621.7M | ||
| Q3 24 | $1.1B | $620.1M | ||
| Q2 24 | $1.0B | $507.4M |
净利润INCYMPWR
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | $171.7M | ||
| Q3 25 | $424.2M | $179.8M | ||
| Q2 25 | $405.0M | $135.0M | ||
| Q1 25 | $158.2M | $135.1M | ||
| Q4 24 | $201.2M | $1.3B | ||
| Q3 24 | $106.5M | $144.4M | ||
| Q2 24 | $-444.6M | $100.4M |
毛利率INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | 92.0% | 55.2% | ||
| Q3 25 | 92.8% | 55.1% | ||
| Q2 25 | 93.5% | 55.1% | ||
| Q1 25 | 93.0% | 55.4% | ||
| Q4 24 | 92.5% | 55.4% | ||
| Q3 24 | 92.4% | 55.4% | ||
| Q2 24 | 92.7% | 55.3% |
营业利润率INCYMPWR
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | 26.6% | ||
| Q3 25 | 32.5% | 26.5% | ||
| Q2 25 | 43.6% | 24.8% | ||
| Q1 25 | 19.5% | 26.5% | ||
| Q4 24 | 25.6% | 26.3% | ||
| Q3 24 | 12.8% | 26.5% | ||
| Q2 24 | -45.8% | 23.0% |
净利率INCYMPWR
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | 22.9% | ||
| Q3 25 | 31.1% | 24.4% | ||
| Q2 25 | 33.3% | 20.3% | ||
| Q1 25 | 15.0% | 21.2% | ||
| Q4 24 | 17.1% | 201.8% | ||
| Q3 24 | 9.4% | 23.3% | ||
| Q2 24 | -42.6% | 19.8% |
每股收益（稀释后）INCYMPWR
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | $3.50 | ||
| Q3 25 | $2.11 | $3.74 | ||
| Q2 25 | $2.04 | $2.81 | ||
| Q1 25 | $0.80 | $2.81 | ||
| Q4 24 | $0.90 | $25.71 | ||
| Q3 24 | $0.54 | $2.95 | ||
| Q2 24 | $-2.04 | $2.05 |
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 | — | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.6B | $3.5B |
| 总资产 | $7.3B | $4.2B |
| 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INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $1.3B | ||
| Q3 25 | $2.5B | $1.3B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $1.9B | $1.0B | ||
| Q4 24 | $1.7B | $862.9M | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $987.3M | $1.3B |
股东权益INCYMPWR
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | $3.5B | ||
| Q3 25 | $4.7B | $3.4B | ||
| Q2 25 | $4.2B | $3.2B | ||
| Q1 25 | $3.7B | $3.1B | ||
| Q4 24 | $3.4B | $3.0B | ||
| Q3 24 | $3.2B | $2.4B | ||
| Q2 24 | $3.0B | $2.2B |
总资产INCYMPWR
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | $4.2B | ||
| Q3 25 | $6.3B | $4.1B | ||
| Q2 25 | $5.8B | $3.9B | ||
| Q1 25 | $5.7B | $3.7B | ||
| Q4 24 | $5.4B | $3.5B | ||
| Q3 24 | $5.0B | $2.9B | ||
| Q2 24 | $4.7B | $2.6B |
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 | — | $104.9M |
| 自由现金流经营现金流 - 资本支出 | — | $63.9M |
| 自由现金流率自由现金流/营收 | — | 8.5% |
| 资本支出强度资本支出/营收 | — | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.61× |
| 过去12个月自由现金流最近4个季度 | — | $666.2M |
8季度趋势，按日历期对齐
经营现金流INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | $104.9M | ||
| Q3 25 | $559.4M | $239.3M | ||
| Q2 25 | $44.7M | $237.6M | ||
| Q1 25 | $266.1M | $256.4M | ||
| Q4 24 | $381.2M | $167.7M | ||
| Q3 24 | $310.9M | $231.7M | ||
| Q2 24 | $-575.6M | $141.0M |
自由现金流INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | — | $63.9M | ||
| Q3 25 | — | $196.8M | ||
| Q2 25 | — | $189.5M | ||
| Q1 25 | — | $216.0M | ||
| Q4 24 | — | $102.9M | ||
| Q3 24 | — | $197.9M | ||
| Q2 24 | — | $109.5M |
自由现金流率INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 26.7% | ||
| Q2 25 | — | 28.5% | ||
| Q1 25 | — | 33.9% | ||
| Q4 24 | — | 16.5% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 21.6% |
资本支出强度INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.2% |
现金转化率INCYMPWR
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | 0.61× | ||
| Q3 25 | 1.32× | 1.33× | ||
| Q2 25 | 0.11× | 1.76× | ||
| Q1 25 | 1.68× | 1.90× | ||
| Q4 24 | 1.89× | 0.13× | ||
| Q3 24 | 2.92× | 1.60× | ||
| Q2 24 | — | 1.40× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
