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肯纳金属（KMT）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
思佳讯的季度营收约是肯纳金属的2.0倍（$1.0B vs $529.5M），思佳讯净利率更高（7.6% vs 6.4%，领先1.3%），肯纳金属同比增速更快（9.8% vs 8.6%），思佳讯自由现金流更多（$339.0M vs $42.4M），过去两年肯纳金属的营收复合增速更高（1.3% vs -0.5%）
肯纳金属是高性能切削工具及工程部件制造商，产品广泛应用于航空航天、国防、交通运输、油气钻探等领域，业务覆盖全球市场，为各行业客户提供适配高要求作业场景的专业解决方案。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
KMT vs SWKS — 直观对比
营收规模更大
SWKS
是对方的2.0倍
$529.5M
营收增速更快
KMT
高出1.2%
8.6%
净利率更高
SWKS
高出1.3%
6.4%
自由现金流更多
SWKS
多$296.6M
$42.4M
两年增速更快
KMT
近两年复合增速
-0.5%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $529.5M | $1.0B |
| 净利润 | $33.9M | $79.2M |
| 毛利率 | 32.8% | 41.3% |
| 营业利润率 | 9.9% | 10.0% |
| 净利率 | 6.4% | 7.6% |
| 营收同比 | 9.8% | 8.6% |
| 净利润同比 | 89.0% | 15.3% |
| 每股收益（稀释后） | $0.44 | $0.53 |
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KMTSWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $529.5M | $1.1B | ||
| Q3 25 | $498.0M | — | ||
| Q2 25 | $516.4M | $965.0M | ||
| Q1 25 | $486.4M | $953.2M | ||
| Q4 24 | $482.1M | $1.1B | ||
| Q3 24 | $481.9M | $1.0B | ||
| Q2 24 | $543.3M | $905.5M |
净利润KMTSWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $33.9M | $141.4M | ||
| Q3 25 | $23.3M | — | ||
| Q2 25 | $21.6M | $105.0M | ||
| Q1 25 | $31.5M | $68.7M | ||
| Q4 24 | $17.9M | $162.0M | ||
| Q3 24 | $22.1M | $60.5M | ||
| Q2 24 | $37.2M | $120.9M |
毛利率KMTSWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | 32.8% | 40.7% | ||
| Q3 25 | 31.0% | — | ||
| Q2 25 | 28.2% | 41.6% | ||
| Q1 25 | 32.1% | 41.1% | ||
| Q4 24 | 30.1% | 41.4% | ||
| Q3 24 | 31.3% | 41.9% | ||
| Q2 24 | 31.5% | 40.2% |
营业利润率KMTSWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 9.9% | 10.1% | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 6.1% | 11.5% | ||
| Q1 25 | 9.1% | 10.2% | ||
| Q4 24 | 6.6% | 16.9% | ||
| Q3 24 | 7.5% | 5.8% | ||
| Q2 24 | 11.3% | 14.4% |
净利率KMTSWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 6.4% | 12.9% | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 4.2% | 10.9% | ||
| Q1 25 | 6.5% | 7.2% | ||
| Q4 24 | 3.7% | 15.2% | ||
| Q3 24 | 4.6% | 5.9% | ||
| Q2 24 | 6.8% | 13.4% |
每股收益（稀释后）KMTSWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $0.44 | $0.95 | ||
| Q3 25 | $0.30 | — | ||
| Q2 25 | $0.28 | $0.70 | ||
| Q1 25 | $0.41 | $0.43 | ||
| Q4 24 | $0.23 | $1.00 | ||
| Q3 24 | $0.28 | $0.36 | ||
| Q2 24 | $0.47 | $0.75 |
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 | $129.3M | $1.6B |
| 总债务越低越好 | $597.2M | $496.6M |
| 股东权益账面价值 | $1.3B | $5.8B |
| 总资产 | $2.6B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资KMTSWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $129.3M | $1.4B | ||
| Q3 25 | $103.5M | — | ||
| Q2 25 | $140.5M | $1.3B | ||
| Q1 25 | $97.5M | $1.5B | ||
| Q4 24 | $121.2M | $1.7B | ||
| Q3 24 | $119.6M | $1.6B | ||
| Q2 24 | $128.0M | $1.3B |
总债务KMTSWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $597.2M | $496.4M | ||
| Q3 25 | $597.0M | — | ||
| Q2 25 | $596.8M | $496.2M | ||
| Q1 25 | $596.6M | $995.1M | ||
| Q4 24 | $596.4M | $994.7M | ||
| Q3 24 | $596.2M | $994.3M | ||
| Q2 24 | $596.0M | $994.0M |
股东权益KMTSWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $1.3B | $5.8B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | $5.7B | ||
| Q1 25 | $1.2B | $5.9B | ||
| Q4 24 | $1.2B | $6.4B | ||
| Q3 24 | $1.3B | $6.3B | ||
| Q2 24 | $1.2B | $6.3B |
总资产KMTSWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $2.6B | $7.9B | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.5B | $7.7B | ||
| Q1 25 | $2.5B | $7.9B | ||
| Q4 24 | $2.4B | $8.3B | ||
| Q3 24 | $2.5B | $8.3B | ||
| Q2 24 | $2.5B | $8.2B |
负债/权益比KMTSWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.45× | 0.09× | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.46× | 0.09× | ||
| Q1 25 | 0.48× | 0.17× | ||
| Q4 24 | 0.49× | 0.16× | ||
| Q3 24 | 0.47× | 0.16× | ||
| Q2 24 | 0.48× | 0.16× |
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 | $55.1M | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $42.4M | $339.0M |
| 自由现金流率自由现金流/营收 | 8.0% | 32.7% |
| 资本支出强度资本支出/营收 | 2.4% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.63× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $99.3M | $1.1B |
8季度趋势，按日历期对齐
经营现金流KMTSWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $55.1M | $200.0M | ||
| Q3 25 | $17.5M | — | ||
| Q2 25 | $78.6M | $314.2M | ||
| Q1 25 | $28.8M | $409.4M | ||
| Q4 24 | $55.2M | $377.2M | ||
| Q3 24 | $45.7M | $476.1M | ||
| Q2 24 | $113.6M | $273.4M |
自由现金流KMTSWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $42.4M | $144.0M | ||
| Q3 25 | $-5.5M | — | ||
| Q2 25 | $57.1M | $252.7M | ||
| Q1 25 | $5.3M | $370.9M | ||
| Q4 24 | $35.9M | $338.2M | ||
| Q3 24 | $21.0M | $393.3M | ||
| Q2 24 | $90.3M | $249.0M |
自由现金流率KMTSWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 8.0% | 13.1% | ||
| Q3 25 | -1.1% | — | ||
| Q2 25 | 11.1% | 26.2% | ||
| Q1 25 | 1.1% | 38.9% | ||
| Q4 24 | 7.5% | 31.7% | ||
| Q3 24 | 4.4% | 38.4% | ||
| Q2 24 | 16.6% | 27.5% |
资本支出强度KMTSWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.4% | 5.1% | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 4.2% | 6.4% | ||
| Q1 25 | 4.8% | 4.0% | ||
| Q4 24 | 4.0% | 3.6% | ||
| Q3 24 | 5.1% | 8.1% | ||
| Q2 24 | 4.3% | 2.7% |
现金转化率KMTSWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 1.63× | 1.41× | ||
| Q3 25 | 0.75× | — | ||
| Q2 25 | 3.64× | 2.99× | ||
| Q1 25 | 0.92× | 5.96× | ||
| Q4 24 | 3.08× | 2.33× | ||
| Q3 24 | 2.07× | 7.87× | ||
| Q2 24 | 3.06× | 2.26× |
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
KMT
| Metal Cutting | $331.1M | 63% |
| Infrastructure | $198.5M | 37% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
