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迈心诺（MASI）与OSI SYSTEMS INC（OSIS）财务数据对比。点击上方公司名可切换其他公司
OSI SYSTEMS INC的季度营收约是迈心诺的1.2倍（$464.1M vs $371.5M），OSI SYSTEMS INC净利率更高（8.3% vs -27.0%，领先35.4%），OSI SYSTEMS INC同比增速更快（10.5% vs -26.4%），OSI SYSTEMS INC自由现金流更多（$55.5M vs $50.9M），过去两年OSI SYSTEMS INC的营收复合增速更高（7.0% 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。
OSI系统公司是总部位于美国加利福尼亚州的企业，主营安全检测系统、医疗设备及光电器件三大业务板块，产品涵盖机场安检X光机、金属探测器、医疗监护与麻醉系统等，旗下拥有Spacelabs Healthcare、Rapiscan Systems、OSI Optoelectronics等子公司，全球员工规模约3180人。
MASI vs OSIS — 直观对比
营收规模更大
OSIS
是对方的1.2倍
$371.5M
营收增速更快
OSIS
高出36.9%
-26.4%
净利率更高
OSIS
高出35.4%
-27.0%
自由现金流更多
OSIS
多$4.6M
$50.9M
两年增速更快
OSIS
近两年复合增速
-17.7%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $464.1M |
| 净利润 | $-100.4M | $38.7M |
| 毛利率 | 62.1% | 32.7% |
| 营业利润率 | 22.5% | 12.7% |
| 净利率 | -27.0% | 8.3% |
| 营收同比 | -26.4% | 10.5% |
| 净利润同比 | -1124.5% | 2.3% |
| 每股收益（稀释后） | $-1.84 | $2.22 |
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MASIOSIS
| Q4 25 | — | $464.1M | ||
| Q3 25 | $371.5M | $384.6M | ||
| Q2 25 | $370.9M | $505.0M | ||
| Q1 25 | $372.0M | $444.4M | ||
| Q4 24 | $600.7M | $419.8M | ||
| Q3 24 | $504.6M | $344.0M | ||
| Q2 24 | $496.3M | $480.9M | ||
| Q1 24 | $492.8M | $405.4M |
净利润MASIOSIS
| Q4 25 | — | $38.7M | ||
| Q3 25 | $-100.4M | $20.6M | ||
| Q2 25 | $51.3M | $52.7M | ||
| Q1 25 | $-170.7M | $41.1M | ||
| Q4 24 | $-349.6M | $37.8M | ||
| Q3 24 | $9.8M | $17.9M | ||
| Q2 24 | $16.0M | $44.7M | ||
| Q1 24 | $18.9M | $34.0M |
毛利率MASIOSIS
| Q4 25 | — | 32.7% | ||
| Q3 25 | 62.1% | 32.0% | ||
| Q2 25 | 62.9% | 33.3% | ||
| Q1 25 | 62.9% | 33.8% | ||
| Q4 24 | 40.7% | 35.1% | ||
| Q3 24 | 52.2% | 35.3% | ||
| Q2 24 | 51.3% | 32.1% | ||
| Q1 24 | 49.0% | 33.6% |
营业利润率MASIOSIS
| Q4 25 | — | 12.7% | ||
| Q3 25 | 22.5% | 8.6% | ||
| Q2 25 | 17.4% | 14.5% | ||
| Q1 25 | 21.0% | 12.7% | ||
| Q4 24 | -59.8% | 13.8% | ||
| Q3 24 | 6.0% | 8.8% | ||
| Q2 24 | 5.7% | 13.1% | ||
| Q1 24 | 6.9% | 12.7% |
净利率MASIOSIS
| Q4 25 | — | 8.3% | ||
| Q3 25 | -27.0% | 5.3% | ||
| Q2 25 | 13.8% | 10.4% | ||
| Q1 25 | -45.9% | 9.3% | ||
| Q4 24 | -58.2% | 9.0% | ||
| Q3 24 | 1.9% | 5.2% | ||
| Q2 24 | 3.2% | 9.3% | ||
| Q1 24 | 3.8% | 8.4% |
每股收益（稀释后）MASIOSIS
| Q4 25 | — | $2.22 | ||
| Q3 25 | $-1.84 | $1.18 | ||
| Q2 25 | $0.94 | $3.04 | ||
| Q1 25 | $-3.12 | $2.40 | ||
| Q4 24 | $-6.54 | $2.22 | ||
| Q3 24 | $0.18 | $1.05 | ||
| Q2 24 | $0.29 | $2.57 | ||
| Q1 24 | $0.35 | $1.95 |
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 | $336.7M |
| 总债务越低越好 | $559.1M | $1.0B |
| 股东权益账面价值 | $810.0M | $845.5M |
| 总资产 | $1.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.69× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资MASIOSIS
| Q4 25 | — | $336.7M | ||
| Q3 25 | $312.3M | $124.4M | ||
| Q2 25 | $149.6M | $106.4M | ||
| Q1 25 | $130.8M | $95.8M | ||
| Q4 24 | $177.6M | $101.6M | ||
| Q3 24 | $158.5M | $85.1M | ||
| Q2 24 | $129.6M | $95.4M | ||
| Q1 24 | $157.6M | $101.4M |
总债务MASIOSIS
| Q4 25 | — | $1.0B | ||
| Q3 25 | $559.1M | $442.2M | ||
| Q2 25 | $613.7M | $471.6M | ||
| Q1 25 | $651.0M | $473.2M | ||
| Q4 24 | $765.2M | $474.8M | ||
| Q3 24 | $772.6M | $476.3M | ||
| Q2 24 | $781.6M | $137.6M | ||
| Q1 24 | $876.0M | — |
股东权益MASIOSIS
| Q4 25 | — | $845.5M | ||
| Q3 25 | $810.0M | $946.0M | ||
| Q2 25 | $1.0B | $951.1M | ||
| Q1 25 | $946.4M | $879.3M | ||
| Q4 24 | $1.1B | $825.8M | ||
| Q3 24 | $1.5B | $786.5M | ||
| Q2 24 | $1.4B | $863.5M | ||
| Q1 24 | $1.4B | $813.4M |
总资产MASIOSIS
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.8B | $2.3B | ||
| Q2 25 | $2.4B | $2.2B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $3.1B | $2.1B | ||
| Q2 24 | $2.9B | $1.9B | ||
| Q1 24 | $3.0B | $1.8B |
负债/权益比MASIOSIS
| Q4 25 | — | 1.19× | ||
| Q3 25 | 0.69× | 0.47× | ||
| Q2 25 | 0.59× | 0.50× | ||
| Q1 25 | 0.69× | 0.54× | ||
| Q4 24 | 0.73× | 0.57× | ||
| Q3 24 | 0.53× | 0.61× | ||
| Q2 24 | 0.57× | 0.16× | ||
| Q1 24 | 0.64× | — |
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 | $62.2M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | $55.5M |
| 自由现金流率自由现金流/营收 | 13.7% | 12.0% |
| 资本支出强度资本支出/营收 | 1.6% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 1.61× |
| 过去12个月自由现金流最近4个季度 | $191.0M | $137.2M |
8季度趋势，按日历期对齐
经营现金流MASIOSIS
| Q4 25 | — | $62.2M | ||
| Q3 25 | $56.8M | $17.1M | ||
| Q2 25 | $69.4M | $562.0K | ||
| Q1 25 | $31.1M | $81.6M | ||
| Q4 24 | $50.5M | $52.5M | ||
| Q3 24 | $25.6M | $-37.2M | ||
| Q2 24 | $74.5M | $-29.0M | ||
| Q1 24 | $45.8M | $-52.1M |
自由现金流MASIOSIS
| Q4 25 | — | $55.5M | ||
| Q3 25 | $50.9M | $10.1M | ||
| Q2 25 | $65.6M | $-5.6M | ||
| Q1 25 | $28.5M | $77.1M | ||
| Q4 24 | $46.0M | $47.1M | ||
| Q3 24 | $16.9M | $-44.9M | ||
| Q2 24 | $66.9M | $-37.5M | ||
| Q1 24 | $37.6M | $-57.0M |
自由现金流率MASIOSIS
| Q4 25 | — | 12.0% | ||
| Q3 25 | 13.7% | 2.6% | ||
| Q2 25 | 17.7% | -1.1% | ||
| Q1 25 | 7.7% | 17.4% | ||
| Q4 24 | 7.7% | 11.2% | ||
| Q3 24 | 3.3% | -13.0% | ||
| Q2 24 | 13.5% | -7.8% | ||
| Q1 24 | 7.6% | -14.1% |
资本支出强度MASIOSIS
| Q4 25 | — | 1.4% | ||
| Q3 25 | 1.6% | 1.8% | ||
| Q2 25 | 1.0% | 1.2% | ||
| Q1 25 | 0.7% | 1.0% | ||
| Q4 24 | 0.7% | 1.3% | ||
| Q3 24 | 1.7% | 2.2% | ||
| Q2 24 | 1.5% | 1.8% | ||
| Q1 24 | 1.7% | 1.2% |
现金转化率MASIOSIS
| Q4 25 | — | 1.61× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | 1.35× | 0.01× | ||
| Q1 25 | — | 1.98× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | 2.61× | -2.07× | ||
| Q2 24 | 4.66× | -0.65× | ||
| Q1 24 | 2.42× | -1.53× |
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
OSIS
| Security Division | $334.7M | 72% |
| Optoelectronics And Manufacturing Division | $92.8M | 20% |
| Healthcare Division | $36.5M | 8% |
