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JOHNSON OUTDOORS INC（JOUT）与MACOM Technology Solutions Holdings, Inc.（MTSI）财务数据对比。点击上方公司名可切换其他公司
MACOM Technology Solutions Holdings, Inc.的季度营收约是JOHNSON OUTDOORS INC的1.9倍（$271.6M vs $140.9M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs -2.3%，领先20.3%），JOHNSON OUTDOORS INC同比增速更快（30.9% vs 24.5%），MACOM Technology Solutions Holdings, Inc.自由现金流更多（$30.0M vs $-42.7M），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% vs -10.5%）
强生户外公司（Johnson Outdoors）主营水上载具、潜水装备、露营用具、户外服饰等户外休闲用品的研发生产，业务网点遍布全球24个地区，现有员工约1400人，年销售额超3.15亿美元，自1999年起由海伦·约翰逊-莱波尔德执掌公司。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
JOUT vs MTSI — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $140.9M | $271.6M |
| 净利润 | $-3.3M | $48.8M |
| 毛利率 | 36.6% | 55.9% |
| 营业利润率 | -2.1% | 15.9% |
| 净利率 | -2.3% | 18.0% |
| 营收同比 | 30.9% | 24.5% |
| 净利润同比 | 78.4% | 129.1% |
| 每股收益（稀释后） | — | $0.64 |
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
| Q1 26 | $140.9M | $271.6M | ||
| Q4 25 | $135.8M | $261.2M | ||
| Q3 25 | — | $252.1M | ||
| Q2 25 | $180.7M | $235.9M | ||
| Q1 25 | $168.3M | $218.1M | ||
| Q4 24 | $107.6M | — | ||
| Q3 24 | $105.9M | $200.7M | ||
| Q2 24 | $172.5M | $190.5M |
| Q1 26 | $-3.3M | $48.8M | ||
| Q4 25 | $-29.1M | $45.1M | ||
| Q3 25 | — | $36.5M | ||
| Q2 25 | $7.7M | $31.7M | ||
| Q1 25 | $2.3M | $-167.5M | ||
| Q4 24 | $-15.3M | — | ||
| Q3 24 | $-34.3M | $29.4M | ||
| Q2 24 | $1.6M | $19.9M |
| Q1 26 | 36.6% | 55.9% | ||
| Q4 25 | 36.2% | 54.5% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | 37.6% | 55.2% | ||
| Q1 25 | 35.0% | 53.7% | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 23.5% | 54.7% | ||
| Q2 24 | 35.8% | 53.2% |
| Q1 26 | -2.1% | 15.9% | ||
| Q4 25 | -6.0% | 15.2% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | 4.1% | 14.8% | ||
| Q1 25 | 2.9% | 8.0% | ||
| Q4 24 | -18.8% | — | ||
| Q3 24 | -40.4% | 13.7% | ||
| Q2 24 | -0.3% | 10.4% |
| Q1 26 | -2.3% | 18.0% | ||
| Q4 25 | -21.4% | 17.3% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | 4.3% | 13.4% | ||
| Q1 25 | 1.4% | -76.8% | ||
| Q4 24 | -14.2% | — | ||
| Q3 24 | -32.4% | 14.7% | ||
| Q2 24 | 0.9% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | — | $0.67 | ||
| Q3 25 | — | $0.48 | ||
| Q2 25 | — | $0.42 | ||
| Q1 25 | — | $-2.30 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0.40 | ||
| Q2 24 | — | $0.27 |
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 | $130.7M | $768.5M |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $413.5M | $1.4B |
| 总资产 | $600.1M | $2.1B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
| Q1 26 | $130.7M | $768.5M | ||
| Q4 25 | $176.4M | $786.0M | ||
| Q3 25 | — | $735.2M | ||
| Q2 25 | $161.0M | $681.5M | ||
| Q1 25 | $94.0M | $656.5M | ||
| Q4 24 | $101.6M | — | ||
| Q3 24 | $162.0M | $581.9M | ||
| Q2 24 | $148.4M | $521.5M |
| Q1 26 | $0 | — | ||
| Q4 25 | $0 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — |
| Q1 26 | $413.5M | $1.4B | ||
| Q4 25 | $418.4M | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $450.5M | $1.2B | ||
| Q1 25 | $441.1M | $1.2B | ||
| Q4 24 | $440.3M | — | ||
| Q3 24 | $463.4M | $1.1B | ||
| Q2 24 | $498.7M | $1.1B |
| Q1 26 | $600.1M | $2.1B | ||
| Q4 25 | $604.1M | $2.1B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | $634.5M | $1.9B | ||
| Q1 25 | $624.5M | $1.8B | ||
| Q4 24 | $612.9M | — | ||
| Q3 24 | $635.2M | $1.8B | ||
| Q2 24 | $679.8M | $1.7B |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — |
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 | $-38.4M | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $-42.7M | $30.0M |
| 自由现金流率自由现金流/营收 | -30.3% | 11.0% |
| 资本支出强度资本支出/营收 | 3.0% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | $38.5M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | $-38.4M | $42.9M | ||
| Q4 25 | $23.4M | $69.6M | ||
| Q3 25 | — | $60.4M | ||
| Q2 25 | $71.4M | $38.7M | ||
| Q1 25 | $-1.7M | $66.7M | ||
| Q4 24 | $-36.9M | — | ||
| Q3 24 | $19.1M | $62.3M | ||
| Q2 24 | $73.7M | $49.0M |
| Q1 26 | $-42.7M | $30.0M | ||
| Q4 25 | $19.2M | $49.4M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | $66.9M | $30.5M | ||
| Q1 25 | $-5.0M | $61.3M | ||
| Q4 24 | $-41.0M | — | ||
| Q3 24 | $13.5M | $57.1M | ||
| Q2 24 | $67.4M | $41.5M |
| Q1 26 | -30.3% | 11.0% | ||
| Q4 25 | 14.2% | 18.9% | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | 37.0% | 12.9% | ||
| Q1 25 | -2.9% | 28.1% | ||
| Q4 24 | -38.1% | — | ||
| Q3 24 | 12.8% | 28.5% | ||
| Q2 24 | 39.1% | 21.8% |
| Q1 26 | 3.0% | 4.8% | ||
| Q4 25 | 3.1% | 7.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | 2.5% | 3.5% | ||
| Q1 25 | 2.0% | 2.4% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 5.3% | 2.6% | ||
| Q2 24 | 3.6% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | — | 1.54× | ||
| Q3 25 | — | 1.65× | ||
| Q2 25 | 9.22× | 1.22× | ||
| Q1 25 | -0.72× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.12× | ||
| Q2 24 | 45.41× | 2.46× |
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
JOUT
| Fishing Segment | $112.1M | 80% |
| Diving Segment | $18.0M | 13% |
| Camping Watercraft Recreation Segment | $10.6M | 8% |
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
