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英特尔（INTC）与万事达卡（MA）财务数据对比。点击上方公司名可切换其他公司
英特尔的季度营收约是万事达卡的1.5倍（$13.6B vs $8.8B），万事达卡净利率更高（46.1% vs -6.5%，领先52.6%），万事达卡同比增速更快（17.6% vs 7.0%），万事达卡自由现金流更多（$4.9B vs $-2.0B），过去两年万事达卡的营收复合增速更高（17.8% vs 2.9%）
英特尔是总部位于美国加利福尼亚州圣克拉拉的跨国科技企业，主营CPU等计算机核心零部件的研发、生产与销售，产品覆盖企业级及消费级市场。2024年按营收统计为全球第三大半导体芯片制造商，自2007年起持续入选美国财富500强榜单。
万事达卡是总部位于美国纽约帕切斯的跨国支付卡服务企业，核心业务为处理商户收单银行与持卡人发卡机构之间的支付交易，同时提供旗下品牌借记卡、信用卡、预付卡及相关配套支付服务，服务网络覆盖全球，于2006年公开上市。
INTC vs MA — 直观对比
营收规模更大
INTC
是对方的1.5倍
$8.8B
营收增速更快
MA
高出10.6%
7.0%
净利率更高
MA
高出52.6%
-6.5%
自由现金流更多
MA
多$6.9B
$-2.0B
两年增速更快
MA
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $13.6B | $8.8B |
| 净利润 | $-887.0M | $4.1B |
| 毛利率 | 34.4% | — |
| 营业利润率 | — | 55.8% |
| 净利率 | -6.5% | 46.1% |
| 营收同比 | 7.0% | 17.6% |
| 净利润同比 | -382.6% | 21.5% |
| 每股收益（稀释后） | $-0.73 | $4.52 |
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INTCMA
| Q1 26 | $13.6B | — | ||
| Q4 25 | $13.7B | $8.8B | ||
| Q3 25 | $13.7B | $8.6B | ||
| Q2 25 | $12.9B | $8.1B | ||
| Q1 25 | $12.7B | $7.3B | ||
| Q4 24 | $14.3B | $7.5B | ||
| Q3 24 | $13.3B | $7.4B | ||
| Q2 24 | $12.8B | $7.0B |
净利润INTCMA
| Q1 26 | $-887.0M | — | ||
| Q4 25 | $-591.0M | $4.1B | ||
| Q3 25 | $4.1B | $3.9B | ||
| Q2 25 | $-2.9B | $3.7B | ||
| Q1 25 | $-821.0M | $3.3B | ||
| Q4 24 | $-126.0M | $3.3B | ||
| Q3 24 | $-16.6B | $3.3B | ||
| Q2 24 | $-1.6B | $3.3B |
毛利率INTCMA
| Q1 26 | 34.4% | — | ||
| Q4 25 | 36.1% | — | ||
| Q3 25 | 38.2% | — | ||
| Q2 25 | 27.5% | — | ||
| Q1 25 | 36.9% | — | ||
| Q4 24 | 39.2% | — | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 35.4% | — |
营业利润率INTCMA
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 55.8% | ||
| Q3 25 | 5.0% | 58.8% | ||
| Q2 25 | -24.7% | 58.7% | ||
| Q1 25 | -2.4% | 57.2% | ||
| Q4 24 | 2.9% | 52.6% | ||
| Q3 24 | -68.2% | 54.3% | ||
| Q2 24 | -15.3% | 58.0% |
净利率INTCMA
| Q1 26 | -6.5% | — | ||
| Q4 25 | -4.3% | 46.1% | ||
| Q3 25 | 29.8% | 45.7% | ||
| Q2 25 | -22.7% | 45.5% | ||
| Q1 25 | -6.5% | 45.2% | ||
| Q4 24 | -0.9% | 44.6% | ||
| Q3 24 | -125.3% | 44.3% | ||
| Q2 24 | -12.5% | 46.8% |
每股收益（稀释后）INTCMA
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.10 | $4.52 | ||
| Q3 25 | $0.90 | $4.34 | ||
| Q2 25 | $-0.67 | $4.07 | ||
| Q1 25 | $-0.19 | $3.59 | ||
| Q4 24 | $-0.03 | $3.64 | ||
| Q3 24 | $-3.88 | $3.53 | ||
| Q2 24 | $-0.38 | $3.50 |
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 | $32.8B | $10.6B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $125.0B | $7.7B |
| 总资产 | $205.3B | $54.2B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资INTCMA
| Q1 26 | $32.8B | — | ||
| Q4 25 | $14.3B | $10.6B | ||
| Q3 25 | $11.1B | $10.3B | ||
| Q2 25 | $9.6B | $9.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | $8.2B | $8.4B | ||
| Q3 24 | — | $11.1B | ||
| Q2 24 | — | $7.0B |
总债务INTCMA
| Q1 26 | $2.0B | — | ||
| Q4 25 | $46.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $50.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益INTCMA
| Q1 26 | $125.0B | — | ||
| Q4 25 | $114.3B | $7.7B | ||
| Q3 25 | $106.4B | $7.9B | ||
| Q2 25 | $97.9B | $7.9B | ||
| Q1 25 | $99.8B | $6.7B | ||
| Q4 24 | $99.3B | $6.5B | ||
| Q3 24 | $99.5B | $7.4B | ||
| Q2 24 | $115.2B | $7.4B |
总资产INTCMA
| Q1 26 | $205.3B | — | ||
| Q4 25 | $211.4B | $54.2B | ||
| Q3 25 | $204.5B | $53.3B | ||
| Q2 25 | $192.5B | $51.4B | ||
| Q1 25 | $192.2B | $48.5B | ||
| Q4 24 | $196.5B | $48.1B | ||
| Q3 24 | $193.5B | $47.2B | ||
| Q2 24 | $206.2B | $42.3B |
负债/权益比INTCMA
| Q1 26 | 0.02× | — | ||
| Q4 25 | 0.41× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.50× | — | ||
| 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 | — | $5.0B |
| 自由现金流经营现金流 - 资本支出 | $-2.0B | $4.9B |
| 自由现金流率自由现金流/营收 | -14.8% | 55.5% |
| 资本支出强度资本支出/营收 | 36.6% | 1.3% |
| 现金转化率经营现金流/净利润 | — | 1.23× |
| 过去12个月自由现金流最近4个季度 | $-2.6B | $17.2B |
8季度趋势，按日历期对齐
经营现金流INTCMA
| Q1 26 | — | — | ||
| Q4 25 | $4.3B | $5.0B | ||
| Q3 25 | $2.5B | $5.7B | ||
| Q2 25 | $2.0B | $4.6B | ||
| Q1 25 | $813.0M | $2.4B | ||
| Q4 24 | $3.2B | $4.8B | ||
| Q3 24 | $4.1B | $5.1B | ||
| Q2 24 | $2.3B | $3.1B |
自由现金流INTCMA
| Q1 26 | $-2.0B | — | ||
| Q4 25 | $800.0M | $4.9B | ||
| Q3 25 | $121.0M | $5.5B | ||
| Q2 25 | $-1.5B | $4.6B | ||
| Q1 25 | $-4.4B | $2.2B | ||
| Q4 24 | $-2.7B | $4.7B | ||
| Q3 24 | $-2.4B | $5.0B | ||
| Q2 24 | $-3.4B | $3.0B |
自由现金流率INTCMA
| Q1 26 | -14.8% | — | ||
| Q4 25 | 5.9% | 55.5% | ||
| Q3 25 | 0.9% | 63.8% | ||
| Q2 25 | -11.7% | 56.1% | ||
| Q1 25 | -34.5% | 30.6% | ||
| Q4 24 | -18.7% | 63.3% | ||
| Q3 24 | -18.1% | 68.2% | ||
| Q2 24 | -26.4% | 43.4% |
资本支出强度INTCMA
| Q1 26 | 36.6% | — | ||
| Q4 25 | 25.5% | 1.3% | ||
| Q3 25 | 17.8% | 2.1% | ||
| Q2 25 | 27.6% | 0.5% | ||
| Q1 25 | 40.9% | 2.2% | ||
| Q4 24 | 40.9% | 1.3% | ||
| Q3 24 | 48.6% | 1.5% | ||
| Q2 24 | 44.3% | 1.7% |
现金转化率INTCMA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.23× | ||
| Q3 25 | 0.63× | 1.44× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 0.73× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | — | 0.96× |
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
INTC
| Intel Products | $12.8B | 94% |
| All other | $600.0M | 4% |
MA
| Payment Network | $4.9B | 56% |
| Value Added Services And Solutions | $3.9B | 44% |
