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直觉外科（ISRG）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
直觉外科的季度营收约是美泰的3.2倍（$2.8B vs $862.2M），直觉外科净利率更高（29.8% vs 7.1%，领先22.7%），直觉外科同比增速更快（23.0% vs 4.3%），过去两年直觉外科的营收复合增速更高（17.4% vs -10.6%）
直觉外科（Intuitive Surgical）是美国医疗科技企业，主打研发、生产及销售微创外科手术机器人产品，核心产品为达芬奇手术系统，可有效提升患者临床治疗效果。该公司为纳斯达克100、标普100及标普500指数成分股，截至2021年末全球达芬奇系统装机量达6730台，其中美国市场占4139台。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
ISRG vs MAT — 直观对比
营收规模更大
ISRG
是对方的3.2倍
$862.2M
营收增速更快
ISRG
高出18.7%
4.3%
净利率更高
ISRG
高出22.7%
7.1%
两年增速更快
ISRG
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $862.2M |
| 净利润 | $826.0M | $61.0M |
| 毛利率 | 66.1% | 44.9% |
| 营业利润率 | 64.8% | — |
| 净利率 | 29.8% | 7.1% |
| 营收同比 | 23.0% | 4.3% |
| 净利润同比 | 17.4% | 251.4% |
| 每股收益（稀释后） | $2.28 | $0.20 |
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ISRGMAT
| Q1 26 | $2.8B | $862.2M | ||
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $2.5B | $1.7B | ||
| Q2 25 | $2.4B | $1.0B | ||
| Q1 25 | $2.3B | $826.6M | ||
| Q4 24 | $2.4B | $1.6B | ||
| Q3 24 | $2.0B | $1.8B | ||
| Q2 24 | $2.0B | $1.1B |
净利润ISRGMAT
| Q1 26 | $826.0M | $61.0M | ||
| Q4 25 | $794.8M | $106.2M | ||
| Q3 25 | $704.4M | $278.4M | ||
| Q2 25 | $658.4M | $53.4M | ||
| Q1 25 | $698.4M | $-40.3M | ||
| Q4 24 | $685.7M | $140.9M | ||
| Q3 24 | $565.1M | $372.4M | ||
| Q2 24 | $526.9M | $56.9M |
毛利率ISRGMAT
| Q1 26 | 66.1% | 44.9% | ||
| Q4 25 | 66.4% | 45.9% | ||
| Q3 25 | 66.4% | 50.0% | ||
| Q2 25 | 66.3% | 50.9% | ||
| Q1 25 | 64.7% | 49.4% | ||
| Q4 24 | 68.0% | 50.7% | ||
| Q3 24 | 67.4% | 53.1% | ||
| Q2 24 | 68.3% | 49.2% |
营业利润率ISRGMAT
| Q1 26 | 64.8% | — | ||
| Q4 25 | 30.2% | 8.0% | ||
| Q3 25 | 30.3% | 21.9% | ||
| Q2 25 | 30.5% | 7.7% | ||
| Q1 25 | 25.7% | -6.4% | ||
| Q4 24 | 30.4% | 9.6% | ||
| Q3 24 | 28.3% | 26.5% | ||
| Q2 24 | 28.2% | 7.7% |
净利率ISRGMAT
| Q1 26 | 29.8% | 7.1% | ||
| Q4 25 | 27.7% | 6.0% | ||
| Q3 25 | 28.1% | 16.0% | ||
| Q2 25 | 27.0% | 5.2% | ||
| Q1 25 | 31.0% | -4.9% | ||
| Q4 24 | 28.4% | 8.6% | ||
| Q3 24 | 27.7% | 20.2% | ||
| Q2 24 | 26.2% | 5.3% |
每股收益（稀释后）ISRGMAT
| Q1 26 | $2.28 | $0.20 | ||
| Q4 25 | $2.19 | $0.32 | ||
| Q3 25 | $1.95 | $0.88 | ||
| Q2 25 | $1.81 | $0.16 | ||
| Q1 25 | $1.92 | $-0.12 | ||
| Q4 24 | $1.89 | $0.40 | ||
| Q3 24 | $1.56 | $1.09 | ||
| Q2 24 | $1.46 | $0.17 |
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 | — | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $17.6B | $2.1B |
| 总资产 | $20.1B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ISRGMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $5.9B | $1.2B | ||
| Q3 25 | $4.9B | $691.9M | ||
| Q2 25 | $5.3B | $870.5M | ||
| Q1 25 | $4.5B | $1.2B | ||
| Q4 24 | $4.0B | $1.4B | ||
| Q3 24 | $4.2B | $723.5M | ||
| Q2 24 | $4.8B | $722.4M |
总债务ISRGMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益ISRGMAT
| Q1 26 | $17.6B | $2.1B | ||
| Q4 25 | $17.8B | $2.2B | ||
| Q3 25 | $16.9B | $2.3B | ||
| Q2 25 | $17.8B | $2.2B | ||
| Q1 25 | $17.1B | $2.1B | ||
| Q4 24 | $16.4B | $2.3B | ||
| Q3 24 | $15.6B | $2.3B | ||
| Q2 24 | $14.7B | $2.0B |
总资产ISRGMAT
| Q1 26 | $20.1B | $6.3B | ||
| Q4 25 | $20.5B | $6.6B | ||
| Q3 25 | $19.4B | $6.6B | ||
| Q2 25 | $20.2B | $6.2B | ||
| Q1 25 | $19.2B | $6.2B | ||
| Q4 24 | $18.7B | $6.5B | ||
| Q3 24 | $17.7B | $6.5B | ||
| Q2 24 | $16.6B | $5.9B |
负债/权益比ISRGMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $-88.1M |
| 自由现金流率自由现金流/营收 | — | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 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ISRGMAT
| Q1 26 | — | — | ||
| Q4 25 | $892.5M | $796.6M | ||
| Q3 25 | $841.0M | $72.0M | ||
| Q2 25 | $715.4M | $-300.1M | ||
| Q1 25 | $581.6M | $24.8M | ||
| Q4 24 | $822.6M | $862.1M | ||
| Q3 24 | $706.5M | $155.8M | ||
| Q2 24 | $620.5M | $-252.9M |
自由现金流ISRGMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $730.0M | — | ||
| Q3 25 | $735.6M | — | ||
| Q2 25 | $560.1M | — | ||
| Q1 25 | $465.0M | — | ||
| Q4 24 | $510.6M | — | ||
| Q3 24 | $458.6M | — | ||
| Q2 24 | $311.1M | — |
自由现金流率ISRGMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 25.5% | — | ||
| Q3 25 | 29.4% | — | ||
| Q2 25 | 23.0% | — | ||
| Q1 25 | 20.6% | — | ||
| Q4 24 | 21.2% | — | ||
| Q3 24 | 22.5% | — | ||
| Q2 24 | 15.5% | — |
资本支出强度ISRGMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 4.2% | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 12.9% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 15.4% | — |
现金转化率ISRGMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.12× | 7.50× | ||
| Q3 25 | 1.19× | 0.26× | ||
| Q2 25 | 1.09× | -5.62× | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 1.20× | 6.12× | ||
| Q3 24 | 1.25× | 0.42× | ||
| Q2 24 | 1.18× | -4.45× |
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
ISRG
| Instruments and accessories | $1.7B | 61% |
| Systems | $650.7M | 23% |
| Services | $433.7M | 16% |
MAT
暂无分部数据
