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李尔公司（LEA）与高通（QCOM）财务数据对比。点击上方公司名可切换其他公司
高通的季度营收约是李尔公司的1.8倍（$10.6B vs $5.8B），高通净利率更高（69.5% vs 3.0%，领先66.6%），李尔公司同比增速更快（4.7% vs -3.5%），过去两年高通的营收复合增速更高（6.2% vs -1.6%）
李尔公司是美国知名汽车零部件供应商，核心业务涵盖汽车座椅及电气系统的研发、生产与销售。公司曾位列2018年《财富》世界500强第148位，2019年升至第147位，在全球汽车供应链领域拥有突出的市场地位与品牌影响力。
高通是总部位于美国加利福尼亚州圣迭戈、在特拉华州注册的跨国企业，主营无线技术相关的半导体、软件及服务业务，持有5G、4G、CDMA2000、TD-SCDMA、WCDMA等移动通信标准的核心专利，是全球无线通信领域的核心供应商。
LEA vs QCOM — 直观对比
营收规模更大
QCOM
是对方的1.8倍
$5.8B
营收增速更快
LEA
高出8.2%
-3.5%
净利率更高
QCOM
高出66.6%
3.0%
两年增速更快
QCOM
近两年复合增速
-1.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.8B | $10.6B |
| 净利润 | $172.3M | $7.4B |
| 毛利率 | 7.7% | 53.8% |
| 营业利润率 | — | 21.8% |
| 净利率 | 3.0% | 69.5% |
| 营收同比 | 4.7% | -3.5% |
| 净利润同比 | 113.5% | — |
| 每股收益（稀释后） | $3.34 | $6.88 |
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LEAQCOM
| Q1 26 | $5.8B | $10.6B | ||
| Q4 25 | $6.0B | $12.3B | ||
| Q3 25 | $5.7B | $11.3B | ||
| Q2 25 | $6.0B | $10.4B | ||
| Q1 25 | $5.6B | $11.0B | ||
| Q4 24 | $5.7B | $11.7B | ||
| Q3 24 | $5.6B | $10.2B | ||
| Q2 24 | $6.0B | $9.4B |
净利润LEAQCOM
| Q1 26 | $172.3M | $7.4B | ||
| Q4 25 | $82.7M | $3.0B | ||
| Q3 25 | $108.2M | $-3.1B | ||
| Q2 25 | $165.2M | $2.7B | ||
| Q1 25 | $80.7M | $2.8B | ||
| Q4 24 | $88.1M | $3.2B | ||
| Q3 24 | $135.8M | $2.9B | ||
| Q2 24 | $173.1M | $2.1B |
毛利率LEAQCOM
| Q1 26 | 7.7% | 53.8% | ||
| Q4 25 | 5.7% | 54.6% | ||
| Q3 25 | 6.4% | 55.3% | ||
| Q2 25 | 7.3% | 55.6% | ||
| Q1 25 | 6.5% | 55.0% | ||
| Q4 24 | 6.8% | 55.8% | ||
| Q3 24 | 7.3% | 56.4% | ||
| Q2 24 | 7.5% | 55.6% |
营业利润率LEAQCOM
| Q1 26 | — | 21.8% | ||
| Q4 25 | 2.6% | 27.5% | ||
| Q3 25 | 3.4% | 25.9% | ||
| Q2 25 | 4.1% | 26.6% | ||
| Q1 25 | 3.3% | 28.4% | ||
| Q4 24 | 3.7% | 30.5% | ||
| Q3 24 | 3.9% | 25.2% | ||
| Q2 24 | 4.3% | 23.6% |
净利率LEAQCOM
| Q1 26 | 3.0% | 69.5% | ||
| Q4 25 | 1.4% | 24.5% | ||
| Q3 25 | 1.9% | -27.7% | ||
| Q2 25 | 2.7% | 25.7% | ||
| Q1 25 | 1.5% | 25.6% | ||
| Q4 24 | 1.5% | 27.3% | ||
| Q3 24 | 2.4% | 28.5% | ||
| Q2 24 | 2.9% | 22.7% |
每股收益（稀释后）LEAQCOM
| Q1 26 | $3.34 | $6.88 | ||
| Q4 25 | $1.58 | $2.78 | ||
| Q3 25 | $2.02 | $-2.77 | ||
| Q2 25 | $3.06 | $2.43 | ||
| Q1 25 | $1.49 | $2.52 | ||
| Q4 24 | $1.64 | $2.83 | ||
| Q3 24 | $2.41 | $2.57 | ||
| Q2 24 | $3.02 | $1.88 |
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 | $881.9M | $5.4B |
| 总债务越低越好 | $2.7B | $15.3B |
| 股东权益账面价值 | $5.3B | $27.3B |
| 总资产 | $15.5B | $57.1B |
| 负债/权益比越低杠杆越低 | 0.52× | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资LEAQCOM
| Q1 26 | $881.9M | $5.4B | ||
| Q4 25 | $1.0B | $11.8B | ||
| Q3 25 | $1.0B | $10.2B | ||
| Q2 25 | $887.9M | $10.0B | ||
| Q1 25 | $779.9M | $13.8B | ||
| Q4 24 | $1.1B | $14.3B | ||
| Q3 24 | $763.9M | $13.3B | ||
| Q2 24 | $950.3M | $13.0B |
总债务LEAQCOM
| Q1 26 | $2.7B | $15.3B | ||
| Q4 25 | $2.7B | $14.8B | ||
| Q3 25 | $2.8B | $14.8B | ||
| Q2 25 | $2.8B | $14.8B | ||
| Q1 25 | $2.7B | $13.3B | ||
| Q4 24 | $2.7B | $13.2B | ||
| Q3 24 | $2.8B | $13.3B | ||
| Q2 24 | $2.7B | $13.2B |
股东权益LEAQCOM
| Q1 26 | $5.3B | $27.3B | ||
| Q4 25 | $5.0B | $23.1B | ||
| Q3 25 | $5.1B | $21.2B | ||
| Q2 25 | $5.1B | $27.2B | ||
| Q1 25 | $4.7B | $27.7B | ||
| Q4 24 | $4.5B | $26.9B | ||
| Q3 24 | $4.8B | $26.3B | ||
| Q2 24 | $4.8B | $24.7B |
总资产LEAQCOM
| Q1 26 | $15.5B | $57.1B | ||
| Q4 25 | $14.8B | $53.0B | ||
| Q3 25 | $15.2B | $50.1B | ||
| Q2 25 | $15.3B | $54.9B | ||
| Q1 25 | $14.6B | $55.4B | ||
| Q4 24 | $14.0B | $55.6B | ||
| Q3 24 | $14.8B | $55.2B | ||
| Q2 24 | $14.7B | $52.7B |
负债/权益比LEAQCOM
| Q1 26 | 0.52× | 0.56× | ||
| Q4 25 | 0.54× | 0.64× | ||
| Q3 25 | 0.54× | 0.70× | ||
| Q2 25 | 0.54× | 0.54× | ||
| Q1 25 | 0.59× | 0.48× | ||
| Q4 24 | 0.61× | 0.49× | ||
| Q3 24 | 0.58× | 0.51× | ||
| Q2 24 | 0.57× | 0.53× |
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 | $98.1M | $7.4B |
| 自由现金流经营现金流 - 资本支出 | $-26.5M | — |
| 自由现金流率自由现金流/营收 | -0.5% | — |
| 资本支出强度资本支出/营收 | 2.1% | 10.2% |
| 现金转化率经营现金流/净利润 | 0.57× | 1.01× |
| 过去12个月自由现金流最近4个季度 | $732.4M | — |
8季度趋势，按日历期对齐
经营现金流LEAQCOM
| Q1 26 | $98.1M | $7.4B | ||
| Q4 25 | $475.9M | $5.0B | ||
| Q3 25 | $444.4M | $4.0B | ||
| Q2 25 | $296.2M | $2.9B | ||
| Q1 25 | $-127.7M | $2.6B | ||
| Q4 24 | $680.8M | $4.6B | ||
| Q3 24 | $182.7M | $2.6B | ||
| Q2 24 | $291.2M | $3.1B |
自由现金流LEAQCOM
| Q1 26 | $-26.5M | — | ||
| Q4 25 | $281.1M | $4.4B | ||
| Q3 25 | $307.0M | $3.6B | ||
| Q2 25 | $170.8M | $2.6B | ||
| Q1 25 | $-231.7M | $2.3B | ||
| Q4 24 | $488.7M | $4.3B | ||
| Q3 24 | $50.5M | $2.4B | ||
| Q2 24 | $170.4M | $2.7B |
自由现金流率LEAQCOM
| Q1 26 | -0.5% | — | ||
| Q4 25 | 4.7% | 36.0% | ||
| Q3 25 | 5.4% | 31.8% | ||
| Q2 25 | 2.8% | 24.9% | ||
| Q1 25 | -4.2% | 21.3% | ||
| Q4 24 | 8.6% | 36.9% | ||
| Q3 24 | 0.9% | 23.3% | ||
| Q2 24 | 2.8% | 28.4% |
资本支出强度LEAQCOM
| Q1 26 | 2.1% | 10.2% | ||
| Q4 25 | 3.3% | 4.5% | ||
| Q3 25 | 2.4% | 3.6% | ||
| Q2 25 | 2.1% | 2.8% | ||
| Q1 25 | 1.9% | 1.9% | ||
| Q4 24 | 3.4% | 2.4% | ||
| Q3 24 | 2.4% | 2.5% | ||
| Q2 24 | 2.0% | 4.1% |
现金转化率LEAQCOM
| Q1 26 | 0.57× | 1.01× | ||
| Q4 25 | 5.75× | 1.65× | ||
| Q3 25 | 4.11× | — | ||
| Q2 25 | 1.79× | 1.08× | ||
| Q1 25 | -1.58× | 0.91× | ||
| Q4 24 | 7.73× | 1.44× | ||
| Q3 24 | 1.35× | 0.91× | ||
| Q2 24 | 1.68× | 1.43× |
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
LEA
| Seating | $4.4B | 76% |
| E-Systems | $1.4B | 24% |
QCOM
| Equipment and services | $9.1B | 85% |
| Licensing | $1.5B | 15% |
