vs
直觉外科（ISRG）与SOMNIGROUP INTERNATIONAL INC.（SGI）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SOMNIGROUP INTERNATIONAL INC.的1.5倍（$2.8B vs $1.9B），直觉外科净利率更高（29.8% vs 7.5%，领先22.3%），SOMNIGROUP INTERNATIONAL INC.同比增速更快（54.7% vs 23.0%），过去两年SOMNIGROUP INTERNATIONAL INC.的营收复合增速更高（25.3% vs 17.4%）
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。
SOMNIGROUP INTERNATIONAL INC.是一家美国知名寝具制造企业，主营床垫及各类床上用品的研发、设计、生产与销售，旗下产品兼顾舒适体验与实用性能，供应美国本土及多个海外市场，在民用寝具领域拥有稳定的市场认可度。
ISRG vs SGI — 直观对比
营收规模更大
ISRG
是对方的1.5倍
$1.9B
营收增速更快
SGI
高出31.7%
23.0%
净利率更高
ISRG
高出22.3%
7.5%
两年增速更快
SGI
近两年复合增速
17.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.9B |
| 净利润 | $826.0M | $140.8M |
| 毛利率 | 66.1% | 44.0% |
| 营业利润率 | — | 13.2% |
| 净利率 | 29.8% | 7.5% |
| 营收同比 | 23.0% | 54.7% |
| 净利润同比 | 17.4% | 95.8% |
| 每股收益（稀释后） | $2.28 | $0.71 |
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ISRGSGI
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.9B | $1.9B | ||
| Q3 25 | $2.5B | $2.1B | ||
| Q2 25 | $2.4B | $1.9B | ||
| Q1 25 | $2.3B | $1.6B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $2.0B | $1.2B |
净利润ISRGSGI
| Q1 26 | $826.0M | — | ||
| Q4 25 | $794.8M | $140.8M | ||
| Q3 25 | $704.4M | $177.4M | ||
| Q2 25 | $658.4M | $99.0M | ||
| Q1 25 | $698.4M | $-33.1M | ||
| Q4 24 | $685.7M | $71.9M | ||
| Q3 24 | $565.1M | $130.0M | ||
| Q2 24 | $526.9M | $106.1M |
毛利率ISRGSGI
| Q1 26 | 66.1% | — | ||
| Q4 25 | 66.4% | 44.0% | ||
| Q3 25 | 66.4% | 44.9% | ||
| Q2 25 | 66.3% | 44.0% | ||
| Q1 25 | 64.7% | 36.2% | ||
| Q4 24 | 68.0% | 43.3% | ||
| Q3 24 | 67.4% | 45.4% | ||
| Q2 24 | 68.3% | 44.9% |
营业利润率ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | 30.2% | 13.2% | ||
| Q3 25 | 30.3% | 14.8% | ||
| Q2 25 | 30.5% | 9.6% | ||
| Q1 25 | 25.7% | 0.8% | ||
| Q4 24 | 30.4% | 10.6% | ||
| Q3 24 | 28.3% | 15.5% | ||
| Q2 24 | 28.2% | 14.0% |
净利率ISRGSGI
| Q1 26 | 29.8% | — | ||
| Q4 25 | 27.7% | 7.5% | ||
| Q3 25 | 28.1% | 8.4% | ||
| Q2 25 | 27.0% | 5.3% | ||
| Q1 25 | 31.0% | -2.1% | ||
| Q4 24 | 28.4% | 6.0% | ||
| Q3 24 | 27.7% | 10.0% | ||
| Q2 24 | 26.2% | 8.6% |
每股收益（稀释后）ISRGSGI
| Q1 26 | $2.28 | — | ||
| Q4 25 | $2.19 | $0.71 | ||
| Q3 25 | $1.95 | $0.83 | ||
| Q2 25 | $1.81 | $0.47 | ||
| Q1 25 | $1.92 | $-0.17 | ||
| Q4 24 | $1.89 | $0.40 | ||
| Q3 24 | $1.56 | $0.73 | ||
| Q2 24 | $1.46 | $0.60 |
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 | — | — |
| 总债务越低越好 | — | $4.6B |
| 股东权益账面价值 | $17.6B | $3.1B |
| 总资产 | $20.1B | $11.6B |
| 负债/权益比越低杠杆越低 | — | 1.47× |
8季度趋势，按日历期对齐
现金及短期投资ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | $5.9B | — | ||
| Q3 25 | $4.9B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.8B | — |
总债务ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.9B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.4B |
股东权益ISRGSGI
| Q1 26 | $17.6B | — | ||
| Q4 25 | $17.8B | $3.1B | ||
| Q3 25 | $16.9B | $3.0B | ||
| Q2 25 | $17.8B | $2.8B | ||
| Q1 25 | $17.1B | $2.7B | ||
| Q4 24 | $16.4B | $559.0M | ||
| Q3 24 | $15.6B | $564.5M | ||
| Q2 24 | $14.7B | $411.8M |
总资产ISRGSGI
| Q1 26 | $20.1B | — | ||
| Q4 25 | $20.5B | $11.6B | ||
| Q3 25 | $19.4B | $11.4B | ||
| Q2 25 | $20.2B | $11.4B | ||
| Q1 25 | $19.2B | $11.3B | ||
| Q4 24 | $18.7B | $6.0B | ||
| Q3 24 | $17.7B | $4.6B | ||
| Q2 24 | $16.6B | $4.6B |
负债/权益比ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.47× | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | — | 1.79× | ||
| Q4 24 | — | 6.69× | ||
| Q3 24 | — | 3.95× | ||
| Q2 24 | — | 5.92× |
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 | — | $99.4M |
| 自由现金流经营现金流 - 资本支出 | — | $41.1M |
| 自由现金流率自由现金流/营收 | — | 2.2% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | — | 0.71× |
| 过去12个月自由现金流最近4个季度 | — | $633.2M |
8季度趋势，按日历期对齐
经营现金流ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | $892.5M | $99.4M | ||
| Q3 25 | $841.0M | $408.2M | ||
| Q2 25 | $715.4M | $186.1M | ||
| Q1 25 | $581.6M | $106.4M | ||
| Q4 24 | $822.6M | $129.1M | ||
| Q3 24 | $706.5M | $256.6M | ||
| Q2 24 | $620.5M | $150.6M |
自由现金流ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | $730.0M | $41.1M | ||
| Q3 25 | $735.6M | $360.3M | ||
| Q2 25 | $560.1M | $149.4M | ||
| Q1 25 | $465.0M | $82.4M | ||
| Q4 24 | $510.6M | $108.2M | ||
| Q3 24 | $458.6M | $240.2M | ||
| Q2 24 | $311.1M | $122.1M |
自由现金流率ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | 25.5% | 2.2% | ||
| Q3 25 | 29.4% | 17.0% | ||
| Q2 25 | 23.0% | 7.9% | ||
| Q1 25 | 20.6% | 5.1% | ||
| Q4 24 | 21.2% | 9.0% | ||
| Q3 24 | 22.5% | 18.5% | ||
| Q2 24 | 15.5% | 9.9% |
资本支出强度ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 3.1% | ||
| Q3 25 | 4.2% | 2.3% | ||
| Q2 25 | 6.4% | 2.0% | ||
| Q1 25 | 5.2% | 1.5% | ||
| Q4 24 | 12.9% | 1.7% | ||
| Q3 24 | 12.2% | 1.3% | ||
| Q2 24 | 15.4% | 2.3% |
现金转化率ISRGSGI
| Q1 26 | — | — | ||
| Q4 25 | 1.12× | 0.71× | ||
| Q3 25 | 1.19× | 2.30× | ||
| Q2 25 | 1.09× | 1.88× | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 1.20× | 1.80× | ||
| Q3 24 | 1.25× | 1.97× | ||
| Q2 24 | 1.18× | 1.42× |
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% |
SGI
| Mattress Firm Segment | $892.1M | 48% |
| Tempur Sealy North America Segment | $620.5M | 33% |
| Tempur Sealy International Segment | $355.8M | 19% |
