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李维斯（LEVI）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
李维斯的季度营收约是思佳讯的1.9倍（$1.8B vs $943.7M），李维斯净利率更高（8.9% vs 3.8%，领先5.2%），思佳讯同比增速更快（-1.0% vs -4.0%），过去两年李维斯的营收复合增速更高（6.5% vs 2.1%）
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
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。
LEVI vs SWKS — 直观对比
营收规模更大
LEVI
是对方的1.9倍
$943.7M
营收增速更快
SWKS
高出3.0%
-4.0%
净利率更高
LEVI
高出5.2%
3.8%
两年增速更快
LEVI
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $943.7M |
| 净利润 | $158.0M | $35.6M |
| 毛利率 | 60.8% | 40.8% |
| 营业利润率 | 11.9% | 4.5% |
| 净利率 | 8.9% | 3.8% |
| 营收同比 | -4.0% | -1.0% |
| 净利润同比 | -13.4% | -48.2% |
| 每股收益（稀释后） | $0.39 | $0.24 |
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LEVISWKS
| Q2 26 | — | $943.7M | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.4B | $965.0M | ||
| Q1 25 | $1.5B | $953.2M | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.5B | $1.0B |
净利润LEVISWKS
| Q2 26 | — | $35.6M | ||
| Q1 26 | — | $79.2M | ||
| Q4 25 | $158.0M | $141.4M | ||
| Q3 25 | $218.1M | — | ||
| Q2 25 | $67.0M | $105.0M | ||
| Q1 25 | $135.0M | $68.7M | ||
| Q4 24 | $182.5M | $162.0M | ||
| Q3 24 | $20.7M | $60.5M |
毛利率LEVISWKS
| Q2 26 | — | 40.8% | ||
| Q1 26 | — | 41.3% | ||
| Q4 25 | 60.8% | 40.7% | ||
| Q3 25 | 61.7% | — | ||
| Q2 25 | 62.6% | 41.6% | ||
| Q1 25 | 62.1% | 41.1% | ||
| Q4 24 | 61.3% | 41.4% | ||
| Q3 24 | 60.0% | 41.9% |
营业利润率LEVISWKS
| Q2 26 | — | 4.5% | ||
| Q1 26 | — | 10.0% | ||
| Q4 25 | 11.9% | 10.1% | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 7.5% | 11.5% | ||
| Q1 25 | 12.5% | 10.2% | ||
| Q4 24 | 11.5% | 16.9% | ||
| Q3 24 | 2.0% | 5.8% |
净利率LEVISWKS
| Q2 26 | — | 3.8% | ||
| Q1 26 | — | 7.6% | ||
| Q4 25 | 8.9% | 12.9% | ||
| Q3 25 | 14.1% | — | ||
| Q2 25 | 4.6% | 10.9% | ||
| Q1 25 | 8.8% | 7.2% | ||
| Q4 24 | 9.9% | 15.2% | ||
| Q3 24 | 1.4% | 5.9% |
每股收益（稀释后）LEVISWKS
| Q2 26 | — | $0.24 | ||
| Q1 26 | — | $0.53 | ||
| Q4 25 | $0.39 | $0.95 | ||
| Q3 25 | $0.55 | — | ||
| Q2 25 | $0.17 | $0.70 | ||
| Q1 25 | $0.34 | $0.43 | ||
| Q4 24 | $0.46 | $1.00 | ||
| Q3 24 | $0.05 | $0.36 |
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 | $848.8M | — |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $2.3B | $5.8B |
| 总资产 | $6.8B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资LEVISWKS
| Q2 26 | — | — | ||
| Q1 26 | — | $1.6B | ||
| Q4 25 | $848.8M | $1.4B | ||
| Q3 25 | $707.5M | — | ||
| Q2 25 | $736.7M | $1.3B | ||
| Q1 25 | $574.4M | $1.5B | ||
| Q4 24 | $690.0M | $1.7B | ||
| Q3 24 | $577.1M | $1.6B |
总债务LEVISWKS
| Q2 26 | — | — | ||
| Q1 26 | — | $496.6M | ||
| Q4 25 | $1.1B | $496.4M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | $496.2M | ||
| Q1 25 | $987.4M | $995.1M | ||
| Q4 24 | $994.0M | $994.7M | ||
| Q3 24 | $1.0B | $994.3M |
股东权益LEVISWKS
| Q2 26 | — | $5.8B | ||
| Q1 26 | — | $5.8B | ||
| Q4 25 | $2.3B | $5.8B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | $5.7B | ||
| Q1 25 | $2.0B | $5.9B | ||
| Q4 24 | $2.0B | $6.4B | ||
| Q3 24 | $1.9B | $6.3B |
总资产LEVISWKS
| Q2 26 | — | $7.9B | ||
| Q1 26 | — | $7.9B | ||
| Q4 25 | $6.8B | $7.9B | ||
| Q3 25 | $6.7B | — | ||
| Q2 25 | $6.5B | $7.7B | ||
| Q1 25 | $6.2B | $7.9B | ||
| Q4 24 | $6.4B | $8.3B | ||
| Q3 24 | $6.3B | $8.3B |
负债/权益比LEVISWKS
| Q2 26 | — | — | ||
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.46× | 0.09× | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.49× | 0.09× | ||
| Q1 25 | 0.49× | 0.17× | ||
| Q4 24 | 0.50× | 0.16× | ||
| Q3 24 | 0.54× | 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 | $266.8M | $50.3M |
| 自由现金流经营现金流 - 资本支出 | $215.7M | — |
| 自由现金流率自由现金流/营收 | 12.2% | — |
| 资本支出强度资本支出/营收 | 2.9% | 8.7% |
| 现金转化率经营现金流/净利润 | 1.69× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $308.2M | — |
8季度趋势，按日历期对齐
经营现金流LEVISWKS
| Q2 26 | — | $50.3M | ||
| Q1 26 | — | $395.5M | ||
| Q4 25 | $266.8M | $200.0M | ||
| Q3 25 | $24.8M | — | ||
| Q2 25 | $185.5M | $314.2M | ||
| Q1 25 | $52.5M | $409.4M | ||
| Q4 24 | $297.3M | $377.2M | ||
| Q3 24 | $52.3M | $476.1M |
自由现金流LEVISWKS
| Q2 26 | — | — | ||
| Q1 26 | — | $339.0M | ||
| Q4 25 | $215.7M | $144.0M | ||
| Q3 25 | $-39.4M | — | ||
| Q2 25 | $146.0M | $252.7M | ||
| Q1 25 | $-14.1M | $370.9M | ||
| Q4 24 | $231.6M | $338.2M | ||
| Q3 24 | $2.3M | $393.3M |
自由现金流率LEVISWKS
| Q2 26 | — | — | ||
| Q1 26 | — | 32.7% | ||
| Q4 25 | 12.2% | 13.1% | ||
| Q3 25 | -2.6% | — | ||
| Q2 25 | 10.1% | 26.2% | ||
| Q1 25 | -0.9% | 38.9% | ||
| Q4 24 | 12.6% | 31.7% | ||
| Q3 24 | 0.2% | 38.4% |
资本支出强度LEVISWKS
| Q2 26 | — | 8.7% | ||
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.9% | 5.1% | ||
| Q3 25 | 4.2% | — | ||
| Q2 25 | 2.7% | 6.4% | ||
| Q1 25 | 4.4% | 4.0% | ||
| Q4 24 | 3.6% | 3.6% | ||
| Q3 24 | 3.3% | 8.1% |
现金转化率LEVISWKS
| Q2 26 | — | 1.41× | ||
| Q1 26 | — | 4.99× | ||
| Q4 25 | 1.69× | 1.41× | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 2.77× | 2.99× | ||
| Q1 25 | 0.39× | 5.96× | ||
| Q4 24 | 1.63× | 2.33× | ||
| Q3 24 | 2.53× | 7.87× |
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
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
SWKS
暂无分部数据
