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朗美通（LITE）与威世（VSH）财务数据对比。点击上方公司名可切换其他公司
威世的季度营收约是朗美通的1.3倍（$839.2M vs $665.5M），朗美通净利率更高（11.8% vs 0.9%，领先10.9%），朗美通同比增速更快（65.5% vs 17.3%），过去两年朗美通的营收复合增速更高（34.8% vs 6.4%）
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
威世（Vishay Intertechnology）是美国知名的分立半导体与被动电子元器件制造商，由企业家菲利克斯·赞德曼创立。公司在以色列、亚洲、欧洲、美洲均设有生产基地，产品覆盖整流器、二极管、MOSFET、光电器件、精选集成电路、电阻器、电容器、电感器等品类，2024年营收达29亿美元，全球全职员工约2.27万人。
LITE vs VSH — 直观对比
营收规模更大
VSH
是对方的1.3倍
$665.5M
营收增速更快
LITE
高出48.1%
17.3%
净利率更高
LITE
高出10.9%
0.9%
两年增速更快
LITE
近两年复合增速
6.4%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $839.2M |
| 净利润 | $78.2M | $7.2M |
| 毛利率 | 36.1% | 21.0% |
| 营业利润率 | 9.7% | 2.6% |
| 净利率 | 11.8% | 0.9% |
| 营收同比 | 65.5% | 17.3% |
| 净利润同比 | 228.4% | 626.6% |
| 每股收益（稀释后） | $0.89 | $0.05 |
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LITEVSH
| Q1 26 | — | $839.2M | ||
| Q4 25 | $665.5M | $800.9M | ||
| Q3 25 | $533.8M | $790.6M | ||
| Q2 25 | $480.7M | $762.3M | ||
| Q1 25 | $425.2M | $715.2M | ||
| Q4 24 | $402.2M | $714.7M | ||
| Q3 24 | $336.9M | $735.4M | ||
| Q2 24 | $308.3M | $741.2M |
净利润LITEVSH
| Q1 26 | — | $7.2M | ||
| Q4 25 | $78.2M | $986.0K | ||
| Q3 25 | $4.2M | $-7.9M | ||
| Q2 25 | $213.3M | $2.0M | ||
| Q1 25 | $-44.1M | $-4.1M | ||
| Q4 24 | $-60.9M | $-66.1M | ||
| Q3 24 | $-82.4M | $-19.3M | ||
| Q2 24 | $-252.5M | $23.5M |
毛利率LITEVSH
| Q1 26 | — | 21.0% | ||
| Q4 25 | 36.1% | 19.6% | ||
| Q3 25 | 34.0% | 19.5% | ||
| Q2 25 | 33.3% | 19.5% | ||
| Q1 25 | 28.8% | 19.0% | ||
| Q4 24 | 24.8% | 19.9% | ||
| Q3 24 | 23.1% | 20.5% | ||
| Q2 24 | 16.6% | 22.0% |
营业利润率LITEVSH
| Q1 26 | — | 2.6% | ||
| Q4 25 | 9.7% | 1.8% | ||
| Q3 25 | 1.3% | 2.4% | ||
| Q2 25 | -1.7% | 2.9% | ||
| Q1 25 | -8.9% | 0.1% | ||
| Q4 24 | -12.8% | -7.9% | ||
| Q3 24 | -24.5% | -2.5% | ||
| Q2 24 | -43.3% | 5.1% |
净利率LITEVSH
| Q1 26 | — | 0.9% | ||
| Q4 25 | 11.8% | 0.1% | ||
| Q3 25 | 0.8% | -1.0% | ||
| Q2 25 | 44.4% | 0.3% | ||
| Q1 25 | -10.4% | -0.6% | ||
| Q4 24 | -15.1% | -9.2% | ||
| Q3 24 | -24.5% | -2.6% | ||
| Q2 24 | -81.9% | 3.2% |
每股收益（稀释后）LITEVSH
| Q1 26 | — | $0.05 | ||
| Q4 25 | $0.89 | $0.01 | ||
| Q3 25 | $0.05 | $-0.06 | ||
| Q2 25 | $3.10 | $0.01 | ||
| Q1 25 | $-0.64 | $-0.03 | ||
| Q4 24 | $-0.88 | $-0.48 | ||
| Q3 24 | $-1.21 | $-0.14 | ||
| Q2 24 | $-3.75 | $0.17 |
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 | $1.2B | $479.5M |
| 总债务越低越好 | — | $983.1M |
| 股东权益账面价值 | $846.6M | $2.1B |
| 总资产 | $4.8B | $4.3B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资LITEVSH
| Q1 26 | — | $479.5M | ||
| Q4 25 | $1.2B | $515.0M | ||
| Q3 25 | $1.1B | $443.9M | ||
| Q2 25 | $877.1M | $473.9M | ||
| Q1 25 | $866.7M | $609.4M | ||
| Q4 24 | $896.7M | $590.3M | ||
| Q3 24 | $916.1M | $643.8M | ||
| Q2 24 | $887.0M | $672.7M |
总债务LITEVSH
| Q1 26 | — | $983.1M | ||
| Q4 25 | — | $950.9M | ||
| Q3 25 | — | $919.7M | ||
| Q2 25 | — | $914.5M | ||
| Q1 25 | — | $988.2M | ||
| Q4 24 | — | $905.0M | ||
| Q3 24 | — | $820.8M | ||
| Q2 24 | — | $820.6M |
股东权益LITEVSH
| Q1 26 | — | $2.1B | ||
| Q4 25 | $846.6M | $2.1B | ||
| Q3 25 | $780.8M | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $879.5M | $2.0B | ||
| Q4 24 | $872.3M | $2.0B | ||
| Q3 24 | $895.9M | $2.2B | ||
| Q2 24 | $957.3M | $2.2B |
总资产LITEVSH
| Q1 26 | — | $4.3B | ||
| Q4 25 | $4.8B | $4.2B | ||
| Q3 25 | $4.6B | $4.2B | ||
| Q2 25 | $4.2B | $4.2B | ||
| Q1 25 | $4.0B | $4.2B | ||
| Q4 24 | $4.0B | $4.1B | ||
| Q3 24 | $4.0B | $4.2B | ||
| Q2 24 | $3.9B | $4.2B |
负债/权益比LITEVSH
| Q1 26 | — | 0.47× | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.49× | ||
| Q4 24 | — | 0.45× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.38× |
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 | $126.7M | $63.7M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | — |
| 自由现金流率自由现金流/营收 | 6.5% | — |
| 资本支出强度资本支出/营收 | 12.6% | — |
| 现金转化率经营现金流/净利润 | 1.62× | 8.89× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | — |
8季度趋势，按日历期对齐
经营现金流LITEVSH
| Q1 26 | — | $63.7M | ||
| Q4 25 | $126.7M | $149.4M | ||
| Q3 25 | $57.9M | $27.6M | ||
| Q2 25 | $64.0M | $-8.8M | ||
| Q1 25 | $-1.6M | $16.1M | ||
| Q4 24 | $24.3M | $67.7M | ||
| Q3 24 | $39.6M | $50.6M | ||
| Q2 24 | $35.5M | $-24.7M |
自由现金流LITEVSH
| Q1 26 | — | — | ||
| Q4 25 | $43.1M | $54.6M | ||
| Q3 25 | $-18.3M | $-24.7M | ||
| Q2 25 | $10.1M | $-73.4M | ||
| Q1 25 | $-64.4M | $-45.5M | ||
| Q4 24 | $-15.9M | $-77.2M | ||
| Q3 24 | $-34.5M | $-9.0M | ||
| Q2 24 | $10.9M | $-87.3M |
自由现金流率LITEVSH
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 6.8% | ||
| Q3 25 | -3.4% | -3.1% | ||
| Q2 25 | 2.1% | -9.6% | ||
| Q1 25 | -15.1% | -6.4% | ||
| Q4 24 | -4.0% | -10.8% | ||
| Q3 24 | -10.2% | -1.2% | ||
| Q2 24 | 3.5% | -11.8% |
资本支出强度LITEVSH
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | 11.8% | ||
| Q3 25 | 14.3% | 6.6% | ||
| Q2 25 | 11.2% | 8.5% | ||
| Q1 25 | 14.8% | 8.6% | ||
| Q4 24 | 10.0% | 20.3% | ||
| Q3 24 | 22.0% | 8.1% | ||
| Q2 24 | 8.0% | 8.4% |
现金转化率LITEVSH
| Q1 26 | — | 8.89× | ||
| Q4 25 | 1.62× | 151.48× | ||
| Q3 25 | 13.79× | — | ||
| Q2 25 | 0.30× | -4.39× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -1.05× |
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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
VSH
暂无分部数据
