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莱迪思半导体（LSCC）与Ingevity Corp（NGVT）财务数据对比。点击上方公司名可切换其他公司
Ingevity Corp的季度营收约是莱迪思半导体的1.3倍（$185.4M vs $145.8M），莱迪思半导体净利率更高（-5.2% vs -45.6%，领先40.4%），Ingevity Corp同比增速更快（36.7% vs 24.2%），Ingevity Corp自由现金流更多（$73.5M vs $44.0M），过去两年莱迪思半导体的营收复合增速更高（1.8% vs -26.2%）
莱迪思半导体是美国专注于低功耗现场可编程门阵列（FPGA）设计制造的半导体企业，1983年成立，1989年上市，总部位于俄勒冈州希尔斯伯勒硅林区，在圣何塞、上海、马尼拉、槟城、新加坡等地设有运营网点，截至2022年员工超1000人，年营收超6.6亿美元。
Ingevity Corp是一家全球特种化学品与先进材料生产商，主营高性能碳材料、路面养护解决方案及特种化工产品，服务汽车排放控制、工业净化、道路基建、农业投入品等核心市场，业务覆盖北美、欧洲及亚太地区。
LSCC vs NGVT — 直观对比
营收规模更大
NGVT
是对方的1.3倍
$145.8M
营收增速更快
NGVT
高出12.6%
24.2%
净利率更高
LSCC
高出40.4%
-45.6%
自由现金流更多
NGVT
多$29.5M
$44.0M
两年增速更快
LSCC
近两年复合增速
-26.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $145.8M | $185.4M |
| 净利润 | $-7.6M | $-84.6M |
| 毛利率 | 68.5% | 41.2% |
| 营业利润率 | 0.7% | -47.7% |
| 净利率 | -5.2% | -45.6% |
| 营收同比 | 24.2% | 36.7% |
| 净利润同比 | -146.3% | -609.6% |
| 每股收益（稀释后） | $-0.06 | $-2.33 |
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LSCCNGVT
| Q1 26 | $145.8M | — | ||
| Q4 25 | — | $185.4M | ||
| Q3 25 | $133.3M | $333.1M | ||
| Q2 25 | $124.0M | $365.1M | ||
| Q1 25 | $120.2M | $284.0M | ||
| Q4 24 | $117.4M | $135.6M | ||
| Q3 24 | $127.1M | $333.8M | ||
| Q2 24 | $124.1M | $390.6M |
净利润LSCCNGVT
| Q1 26 | $-7.6M | — | ||
| Q4 25 | — | $-84.6M | ||
| Q3 25 | $2.8M | $43.5M | ||
| Q2 25 | $2.9M | $-146.5M | ||
| Q1 25 | $5.0M | $20.5M | ||
| Q4 24 | $16.5M | $16.6M | ||
| Q3 24 | $7.2M | $-107.2M | ||
| Q2 24 | $22.6M | $-283.7M |
毛利率LSCCNGVT
| Q1 26 | 68.5% | — | ||
| Q4 25 | — | 41.2% | ||
| Q3 25 | 67.9% | 40.2% | ||
| Q2 25 | 68.4% | 37.8% | ||
| Q1 25 | 68.0% | 39.9% | ||
| Q4 24 | 61.1% | 81.3% | ||
| Q3 24 | 69.0% | 39.4% | ||
| Q2 24 | 68.3% | 31.5% |
营业利润率LSCCNGVT
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | -47.7% | ||
| Q3 25 | -1.2% | 18.7% | ||
| Q2 25 | 3.8% | -39.1% | ||
| Q1 25 | 5.8% | 9.4% | ||
| Q4 24 | -10.4% | — | ||
| Q3 24 | 5.9% | 33.0% | ||
| Q2 24 | 18.2% | 25.9% |
净利率LSCCNGVT
| Q1 26 | -5.2% | — | ||
| Q4 25 | — | -45.6% | ||
| Q3 25 | 2.1% | 13.1% | ||
| Q2 25 | 2.3% | -40.1% | ||
| Q1 25 | 4.2% | 7.2% | ||
| Q4 24 | 14.1% | 12.2% | ||
| Q3 24 | 5.7% | -32.1% | ||
| Q2 24 | 18.2% | -72.6% |
每股收益（稀释后）LSCCNGVT
| Q1 26 | $-0.06 | — | ||
| Q4 25 | — | $-2.33 | ||
| Q3 25 | $0.02 | $1.18 | ||
| Q2 25 | $0.02 | $-4.02 | ||
| Q1 25 | $0.04 | $0.56 | ||
| Q4 24 | $0.12 | $0.44 | ||
| Q3 24 | $0.05 | $-2.94 | ||
| Q2 24 | $0.16 | $-7.81 |
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 | $133.9M | $78.1M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $714.1M | $29.7M |
| 总资产 | $883.1M | $1.7B |
| 负债/权益比越低杠杆越低 | — | 39.10× |
8季度趋势，按日历期对齐
现金及短期投资LSCCNGVT
| Q1 26 | $133.9M | — | ||
| Q4 25 | — | $78.1M | ||
| Q3 25 | $117.9M | $83.4M | ||
| Q2 25 | $107.2M | $76.9M | ||
| Q1 25 | $127.6M | $71.5M | ||
| Q4 24 | $136.3M | $68.0M | ||
| Q3 24 | $124.3M | $135.5M | ||
| Q2 24 | $109.2M | $107.4M |
总债务LSCCNGVT
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B |
股东权益LSCCNGVT
| Q1 26 | $714.1M | — | ||
| Q4 25 | — | $29.7M | ||
| Q3 25 | $706.4M | $138.1M | ||
| Q2 25 | $687.0M | $120.7M | ||
| Q1 25 | $707.9M | $234.6M | ||
| Q4 24 | $710.9M | $195.2M | ||
| Q3 24 | $703.5M | $214.5M | ||
| Q2 24 | $698.8M | $284.8M |
总资产LSCCNGVT
| Q1 26 | $883.1M | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $844.4M | $1.8B | ||
| Q2 25 | $808.6M | $1.9B | ||
| Q1 25 | $823.6M | $2.1B | ||
| Q4 24 | $843.9M | $2.0B | ||
| Q3 24 | $853.7M | $2.2B | ||
| Q2 24 | $827.5M | $2.3B |
负债/权益比LSCCNGVT
| Q1 26 | — | — | ||
| Q4 25 | — | 39.10× | ||
| Q3 25 | — | 8.39× | ||
| Q2 25 | — | 10.24× | ||
| Q1 25 | — | 5.68× | ||
| Q4 24 | — | 6.86× | ||
| Q3 24 | — | 6.52× | ||
| Q2 24 | — | 4.92× |
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 | $57.6M | $97.1M |
| 自由现金流经营现金流 - 资本支出 | $44.0M | $73.5M |
| 自由现金流率自由现金流/营收 | 30.2% | 39.6% |
| 资本支出强度资本支出/营收 | 9.3% | 12.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $132.6M | $273.5M |
8季度趋势，按日历期对齐
经营现金流LSCCNGVT
| Q1 26 | $57.6M | — | ||
| Q4 25 | — | $97.1M | ||
| Q3 25 | $47.1M | $129.7M | ||
| Q2 25 | $38.5M | $79.0M | ||
| Q1 25 | $31.9M | $25.4M | ||
| Q4 24 | $45.4M | $64.5M | ||
| Q3 24 | $44.0M | $46.5M | ||
| Q2 24 | $21.9M | $29.7M |
自由现金流LSCCNGVT
| Q1 26 | $44.0M | — | ||
| Q4 25 | — | $73.5M | ||
| Q3 25 | $34.0M | $117.8M | ||
| Q2 25 | $31.3M | $66.8M | ||
| Q1 25 | $23.3M | $15.4M | ||
| Q4 24 | $39.7M | $39.6M | ||
| Q3 24 | $39.4M | $28.5M | ||
| Q2 24 | $14.8M | $11.6M |
自由现金流率LSCCNGVT
| Q1 26 | 30.2% | — | ||
| Q4 25 | — | 39.6% | ||
| Q3 25 | 25.5% | 35.4% | ||
| Q2 25 | 25.2% | 18.3% | ||
| Q1 25 | 19.4% | 5.4% | ||
| Q4 24 | 33.8% | 29.2% | ||
| Q3 24 | 31.0% | 8.5% | ||
| Q2 24 | 11.9% | 3.0% |
资本支出强度LSCCNGVT
| Q1 26 | 9.3% | — | ||
| Q4 25 | — | 12.7% | ||
| Q3 25 | 9.8% | 3.6% | ||
| Q2 25 | 5.8% | 3.3% | ||
| Q1 25 | 7.2% | 3.5% | ||
| Q4 24 | 4.9% | 18.4% | ||
| Q3 24 | 3.7% | 5.4% | ||
| Q2 24 | 5.8% | 4.6% |
现金转化率LSCCNGVT
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 16.86× | 2.98× | ||
| Q2 25 | 13.23× | — | ||
| Q1 25 | 6.35× | 1.24× | ||
| Q4 24 | 2.75× | 3.89× | ||
| Q3 24 | 6.12× | — | ||
| Q2 24 | 0.97× | — |
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
LSCC
| Asia | $106.3M | 73% |
| Americas | $21.0M | 14% |
| Europe | $18.5M | 13% |
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
