vs
迈心诺（MASI）与MACOM Technology Solutions Holdings, Inc.（MTSI）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是MACOM Technology Solutions Holdings, Inc.的1.4倍（$371.5M vs $271.6M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs -27.0%，领先45.0%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs -26.4%），迈心诺自由现金流更多（$50.9M vs $30.0M），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% vs -17.7%）
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
MASI vs MTSI — 直观对比
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $271.6M |
| 净利润 | $-100.4M | $48.8M |
| 毛利率 | 62.1% | 55.9% |
| 营业利润率 | 22.5% | 15.9% |
| 净利率 | -27.0% | 18.0% |
| 营收同比 | -26.4% | 24.5% |
| 净利润同比 | -1124.5% | 129.1% |
| 每股收益（稀释后） | $-1.84 | $0.64 |
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
| Q1 26 | — | $271.6M | ||
| Q4 25 | — | $261.2M | ||
| Q3 25 | $371.5M | $252.1M | ||
| Q2 25 | $370.9M | $235.9M | ||
| Q1 25 | $372.0M | $218.1M | ||
| Q4 24 | $600.7M | — | ||
| Q3 24 | $504.6M | $200.7M | ||
| Q2 24 | $496.3M | $190.5M |
| Q1 26 | — | $48.8M | ||
| Q4 25 | — | $45.1M | ||
| Q3 25 | $-100.4M | $36.5M | ||
| Q2 25 | $51.3M | $31.7M | ||
| Q1 25 | $-170.7M | $-167.5M | ||
| Q4 24 | $-349.6M | — | ||
| Q3 24 | $9.8M | $29.4M | ||
| Q2 24 | $16.0M | $19.9M |
| Q1 26 | — | 55.9% | ||
| Q4 25 | — | 54.5% | ||
| Q3 25 | 62.1% | 55.3% | ||
| Q2 25 | 62.9% | 55.2% | ||
| Q1 25 | 62.9% | 53.7% | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | 52.2% | 54.7% | ||
| Q2 24 | 51.3% | 53.2% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | — | 15.2% | ||
| Q3 25 | 22.5% | 14.9% | ||
| Q2 25 | 17.4% | 14.8% | ||
| Q1 25 | 21.0% | 8.0% | ||
| Q4 24 | -59.8% | — | ||
| Q3 24 | 6.0% | 13.7% | ||
| Q2 24 | 5.7% | 10.4% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | — | 17.3% | ||
| Q3 25 | -27.0% | 14.5% | ||
| Q2 25 | 13.8% | 13.4% | ||
| Q1 25 | -45.9% | -76.8% | ||
| Q4 24 | -58.2% | — | ||
| Q3 24 | 1.9% | 14.7% | ||
| Q2 24 | 3.2% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | — | $0.67 | ||
| Q3 25 | $-1.84 | $0.48 | ||
| Q2 25 | $0.94 | $0.42 | ||
| Q1 25 | $-3.12 | $-2.30 | ||
| Q4 24 | $-6.54 | — | ||
| Q3 24 | $0.18 | $0.40 | ||
| Q2 24 | $0.29 | $0.27 |
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 | $312.3M | $768.5M |
| 总债务越低越好 | $559.1M | — |
| 股东权益账面价值 | $810.0M | $1.4B |
| 总资产 | $1.8B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $768.5M | ||
| Q4 25 | — | $786.0M | ||
| Q3 25 | $312.3M | $735.2M | ||
| Q2 25 | $149.6M | $681.5M | ||
| Q1 25 | $130.8M | $656.5M | ||
| Q4 24 | $177.6M | — | ||
| Q3 24 | $158.5M | $581.9M | ||
| Q2 24 | $129.6M | $521.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $559.1M | — | ||
| Q2 25 | $613.7M | — | ||
| Q1 25 | $651.0M | — | ||
| Q4 24 | $765.2M | — | ||
| Q3 24 | $772.6M | — | ||
| Q2 24 | $781.6M | — |
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | $810.0M | $1.3B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $946.4M | $1.2B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | $1.8B | $2.0B | ||
| Q2 25 | $2.4B | $1.9B | ||
| Q1 25 | $2.3B | $1.8B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $2.9B | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.57× | — |
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 | $56.8M | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | $30.0M |
| 自由现金流率自由现金流/营收 | 13.7% | 11.0% |
| 资本支出强度资本支出/营收 | 1.6% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | $191.0M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | — | $42.9M | ||
| Q4 25 | — | $69.6M | ||
| Q3 25 | $56.8M | $60.4M | ||
| Q2 25 | $69.4M | $38.7M | ||
| Q1 25 | $31.1M | $66.7M | ||
| Q4 24 | $50.5M | — | ||
| Q3 24 | $25.6M | $62.3M | ||
| Q2 24 | $74.5M | $49.0M |
| Q1 26 | — | $30.0M | ||
| Q4 25 | — | $49.4M | ||
| Q3 25 | $50.9M | $51.6M | ||
| Q2 25 | $65.6M | $30.5M | ||
| Q1 25 | $28.5M | $61.3M | ||
| Q4 24 | $46.0M | — | ||
| Q3 24 | $16.9M | $57.1M | ||
| Q2 24 | $66.9M | $41.5M |
| Q1 26 | — | 11.0% | ||
| Q4 25 | — | 18.9% | ||
| Q3 25 | 13.7% | 20.5% | ||
| Q2 25 | 17.7% | 12.9% | ||
| Q1 25 | 7.7% | 28.1% | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 3.3% | 28.5% | ||
| Q2 24 | 13.5% | 21.8% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | — | 7.7% | ||
| Q3 25 | 1.6% | 3.5% | ||
| Q2 25 | 1.0% | 3.5% | ||
| Q1 25 | 0.7% | 2.4% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 1.7% | 2.6% | ||
| Q2 24 | 1.5% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | — | 1.54× | ||
| Q3 25 | — | 1.65× | ||
| Q2 25 | 1.35× | 1.22× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.61× | 2.12× | ||
| Q2 24 | 4.66× | 2.46× |
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
MASI
暂无分部数据
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
