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直觉外科（ISRG）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是直觉外科的1.4倍（$3.8B vs $2.8B），直觉外科净利率更高（29.8% vs 1.5%，领先28.3%），直觉外科同比增速更快（23.0% vs 2.7%），过去两年直觉外科的营收复合增速更高（17.4% vs -0.3%）
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。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
ISRG vs SWK — 直观对比
营收规模更大
SWK
是对方的1.4倍
$2.8B
营收增速更快
ISRG
高出20.2%
2.7%
净利率更高
ISRG
高出28.3%
1.5%
两年增速更快
ISRG
近两年复合增速
-0.3%
损益表 — Q1 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $3.8B |
| 净利润 | $826.0M | $59.6M |
| 毛利率 | 66.1% | 30.1% |
| 营业利润率 | 64.8% | 4.2% |
| 净利率 | 29.8% | 1.5% |
| 营收同比 | 23.0% | 2.7% |
| 净利润同比 | 17.4% | -34.1% |
| 每股收益（稀释后） | $2.28 | $0.39 |
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ISRGSWK
| Q1 26 | $2.8B | $3.8B | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.5B | $3.8B | ||
| Q2 25 | $2.4B | $3.9B | ||
| Q1 25 | $2.3B | $3.7B | ||
| Q4 24 | $2.4B | $3.7B | ||
| Q3 24 | $2.0B | $3.8B | ||
| Q2 24 | $2.0B | $4.0B |
净利润ISRGSWK
| Q1 26 | $826.0M | $59.6M | ||
| Q4 25 | $794.8M | — | ||
| Q3 25 | $704.4M | $51.4M | ||
| Q2 25 | $658.4M | $101.9M | ||
| Q1 25 | $698.4M | $90.4M | ||
| Q4 24 | $685.7M | $194.9M | ||
| Q3 24 | $565.1M | $91.1M | ||
| Q2 24 | $526.9M | $-11.2M |
毛利率ISRGSWK
| Q1 26 | 66.1% | 30.1% | ||
| Q4 25 | 66.4% | — | ||
| Q3 25 | 66.4% | 31.4% | ||
| Q2 25 | 66.3% | 27.0% | ||
| Q1 25 | 64.7% | 29.9% | ||
| Q4 24 | 68.0% | 30.8% | ||
| Q3 24 | 67.4% | 29.9% | ||
| Q2 24 | 68.3% | 28.4% |
营业利润率ISRGSWK
| Q1 26 | 64.8% | 4.2% | ||
| Q4 25 | 30.2% | — | ||
| Q3 25 | 30.3% | — | ||
| Q2 25 | 30.5% | — | ||
| Q1 25 | 25.7% | — | ||
| Q4 24 | 30.4% | 3.4% | ||
| Q3 24 | 28.3% | 10.6% | ||
| Q2 24 | 28.2% | 9.5% |
净利率ISRGSWK
| Q1 26 | 29.8% | 1.5% | ||
| Q4 25 | 27.7% | — | ||
| Q3 25 | 28.1% | 1.4% | ||
| Q2 25 | 27.0% | 2.6% | ||
| Q1 25 | 31.0% | 2.4% | ||
| Q4 24 | 28.4% | 5.2% | ||
| Q3 24 | 27.7% | 2.4% | ||
| Q2 24 | 26.2% | -0.3% |
每股收益（稀释后）ISRGSWK
| Q1 26 | $2.28 | $0.39 | ||
| Q4 25 | $2.19 | — | ||
| Q3 25 | $1.95 | $0.34 | ||
| Q2 25 | $1.81 | $0.67 | ||
| Q1 25 | $1.92 | $0.60 | ||
| Q4 24 | $1.89 | $1.29 | ||
| Q3 24 | $1.56 | $0.60 | ||
| Q2 24 | $1.46 | $-0.07 |
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 | — | $333.7M |
| 总债务越低越好 | — | $6.4B |
| 股东权益账面价值 | $17.6B | — |
| 总资产 | $20.1B | $21.6B |
| 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ISRGSWK
| Q1 26 | — | $333.7M | ||
| Q4 25 | $5.9B | — | ||
| Q3 25 | $4.9B | $268.3M | ||
| Q2 25 | $5.3B | $311.8M | ||
| Q1 25 | $4.5B | $344.8M | ||
| Q4 24 | $4.0B | $290.5M | ||
| Q3 24 | $4.2B | $298.7M | ||
| Q2 24 | $4.8B | $318.5M |
总债务ISRGSWK
| Q1 26 | — | $6.4B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B |
股东权益ISRGSWK
| Q1 26 | $17.6B | — | ||
| Q4 25 | $17.8B | — | ||
| Q3 25 | $16.9B | $9.0B | ||
| Q2 25 | $17.8B | $9.1B | ||
| Q1 25 | $17.1B | $8.8B | ||
| Q4 24 | $16.4B | $8.7B | ||
| Q3 24 | $15.6B | $8.9B | ||
| Q2 24 | $14.7B | $8.7B |
总资产ISRGSWK
| Q1 26 | $20.1B | $21.6B | ||
| Q4 25 | $20.5B | — | ||
| Q3 25 | $19.4B | $21.8B | ||
| Q2 25 | $20.2B | $22.5B | ||
| Q1 25 | $19.2B | $22.5B | ||
| Q4 24 | $18.7B | $21.8B | ||
| Q3 24 | $17.7B | $22.5B | ||
| Q2 24 | $16.6B | $22.5B |
负债/权益比ISRGSWK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× |
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 | — | $-388.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-447.3M |
| 自由现金流率自由现金流/营收 | — | -11.6% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | -6.52× |
| 过去12个月自由现金流最近4个季度 | — | $-642.3M |
8季度趋势，按日历期对齐
经营现金流ISRGSWK
| Q1 26 | — | $-388.8M | ||
| Q4 25 | $892.5M | — | ||
| Q3 25 | $841.0M | $221.2M | ||
| Q2 25 | $715.4M | $214.3M | ||
| Q1 25 | $581.6M | $-420.0M | ||
| Q4 24 | $822.6M | $679.1M | ||
| Q3 24 | $706.5M | $285.8M | ||
| Q2 24 | $620.5M | $573.0M |
自由现金流ISRGSWK
| Q1 26 | — | $-447.3M | ||
| Q4 25 | $730.0M | — | ||
| Q3 25 | $735.6M | $155.3M | ||
| Q2 25 | $560.1M | $134.7M | ||
| Q1 25 | $465.0M | $-485.0M | ||
| Q4 24 | $510.6M | $564.6M | ||
| Q3 24 | $458.6M | $199.3M | ||
| Q2 24 | $311.1M | $485.8M |
自由现金流率ISRGSWK
| Q1 26 | — | -11.6% | ||
| Q4 25 | 25.5% | — | ||
| Q3 25 | 29.4% | 4.1% | ||
| Q2 25 | 23.0% | 3.4% | ||
| Q1 25 | 20.6% | -13.0% | ||
| Q4 24 | 21.2% | 15.2% | ||
| Q3 24 | 22.5% | 5.3% | ||
| Q2 24 | 15.5% | 12.1% |
资本支出强度ISRGSWK
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 4.2% | 1.8% | ||
| Q2 25 | 6.4% | 2.0% | ||
| Q1 25 | 5.2% | 1.7% | ||
| Q4 24 | 12.9% | 3.1% | ||
| Q3 24 | 12.2% | 2.3% | ||
| Q2 24 | 15.4% | 2.2% |
现金转化率ISRGSWK
| Q1 26 | — | -6.52× | ||
| Q4 25 | 1.12× | — | ||
| Q3 25 | 1.19× | 4.30× | ||
| Q2 25 | 1.09× | 2.10× | ||
| Q1 25 | 0.83× | -4.65× | ||
| Q4 24 | 1.20× | 3.48× | ||
| Q3 24 | 1.25× | 3.14× | ||
| Q2 24 | 1.18× | — |
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% |
SWK
暂无分部数据
