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美泰（MAT）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是Monolithic Power Systems的1.1倍（$862.2M vs $751.2M），Monolithic Power Systems净利率更高（22.9% vs 7.1%，领先15.8%），Monolithic Power Systems同比增速更快（20.8% vs 4.3%），Monolithic Power Systems自由现金流更多（$63.9M vs $-88.1M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs -10.6%）
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
MAT vs MPWR — 直观对比
营收规模更大
MAT
是对方的1.1倍
$751.2M
营收增速更快
MPWR
高出16.5%
4.3%
净利率更高
MPWR
高出15.8%
7.1%
自由现金流更多
MPWR
多$152.0M
$-88.1M
两年增速更快
MPWR
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $751.2M |
| 净利润 | $61.0M | $171.7M |
| 毛利率 | 44.9% | 55.2% |
| 营业利润率 | — | 26.6% |
| 净利率 | 7.1% | 22.9% |
| 营收同比 | 4.3% | 20.8% |
| 净利润同比 | 251.4% | -86.3% |
| 每股收益（稀释后） | $0.20 | $3.50 |
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MATMPWR
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $751.2M | ||
| Q3 25 | $1.7B | $737.2M | ||
| Q2 25 | $1.0B | $664.6M | ||
| Q1 25 | $826.6M | $637.6M | ||
| Q4 24 | $1.6B | $621.7M | ||
| Q3 24 | $1.8B | $620.1M | ||
| Q2 24 | $1.1B | $507.4M |
净利润MATMPWR
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $171.7M | ||
| Q3 25 | $278.4M | $179.8M | ||
| Q2 25 | $53.4M | $135.0M | ||
| Q1 25 | $-40.3M | $135.1M | ||
| Q4 24 | $140.9M | $1.3B | ||
| Q3 24 | $372.4M | $144.4M | ||
| Q2 24 | $56.9M | $100.4M |
毛利率MATMPWR
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 55.2% | ||
| Q3 25 | 50.0% | 55.1% | ||
| Q2 25 | 50.9% | 55.1% | ||
| Q1 25 | 49.4% | 55.4% | ||
| Q4 24 | 50.7% | 55.4% | ||
| Q3 24 | 53.1% | 55.4% | ||
| Q2 24 | 49.2% | 55.3% |
营业利润率MATMPWR
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 26.6% | ||
| Q3 25 | 21.9% | 26.5% | ||
| Q2 25 | 7.7% | 24.8% | ||
| Q1 25 | -6.4% | 26.5% | ||
| Q4 24 | 9.6% | 26.3% | ||
| Q3 24 | 26.5% | 26.5% | ||
| Q2 24 | 7.7% | 23.0% |
净利率MATMPWR
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 22.9% | ||
| Q3 25 | 16.0% | 24.4% | ||
| Q2 25 | 5.2% | 20.3% | ||
| Q1 25 | -4.9% | 21.2% | ||
| Q4 24 | 8.6% | 201.8% | ||
| Q3 24 | 20.2% | 23.3% | ||
| Q2 24 | 5.3% | 19.8% |
每股收益（稀释后）MATMPWR
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $3.50 | ||
| Q3 25 | $0.88 | $3.74 | ||
| Q2 25 | $0.16 | $2.81 | ||
| Q1 25 | $-0.12 | $2.81 | ||
| Q4 24 | $0.40 | $25.71 | ||
| Q3 24 | $1.09 | $2.95 | ||
| Q2 24 | $0.17 | $2.05 |
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 | $866.0M | $1.3B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $3.5B |
| 总资产 | $6.3B | $4.2B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资MATMPWR
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $691.9M | $1.3B | ||
| Q2 25 | $870.5M | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.4B | $862.9M | ||
| Q3 24 | $723.5M | $1.5B | ||
| Q2 24 | $722.4M | $1.3B |
总债务MATMPWR
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATMPWR
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $3.5B | ||
| Q3 25 | $2.3B | $3.4B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.1B | $3.1B | ||
| Q4 24 | $2.3B | $3.0B | ||
| Q3 24 | $2.3B | $2.4B | ||
| Q2 24 | $2.0B | $2.2B |
总资产MATMPWR
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $4.2B | ||
| Q3 25 | $6.6B | $4.1B | ||
| Q2 25 | $6.2B | $3.9B | ||
| Q1 25 | $6.2B | $3.7B | ||
| Q4 24 | $6.5B | $3.5B | ||
| Q3 24 | $6.5B | $2.9B | ||
| Q2 24 | $5.9B | $2.6B |
负债/权益比MATMPWR
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 1.18× | — |
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 | — | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $63.9M |
| 自由现金流率自由现金流/营收 | -10.2% | 8.5% |
| 资本支出强度资本支出/营收 | 7.6% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.61× |
| 过去12个月自由现金流最近4个季度 | — | $666.2M |
8季度趋势，按日历期对齐
经营现金流MATMPWR
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $104.9M | ||
| Q3 25 | $72.0M | $239.3M | ||
| Q2 25 | $-300.1M | $237.6M | ||
| Q1 25 | $24.8M | $256.4M | ||
| Q4 24 | $862.1M | $167.7M | ||
| Q3 24 | $155.8M | $231.7M | ||
| Q2 24 | $-252.9M | $141.0M |
自由现金流MATMPWR
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $63.9M | ||
| Q3 25 | — | $196.8M | ||
| Q2 25 | — | $189.5M | ||
| Q1 25 | — | $216.0M | ||
| Q4 24 | — | $102.9M | ||
| Q3 24 | — | $197.9M | ||
| Q2 24 | — | $109.5M |
自由现金流率MATMPWR
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 26.7% | ||
| Q2 25 | — | 28.5% | ||
| Q1 25 | — | 33.9% | ||
| Q4 24 | — | 16.5% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 21.6% |
资本支出强度MATMPWR
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.2% |
现金转化率MATMPWR
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 0.61× | ||
| Q3 25 | 0.26× | 1.33× | ||
| Q2 25 | -5.62× | 1.76× | ||
| Q1 25 | — | 1.90× | ||
| Q4 24 | 6.12× | 0.13× | ||
| Q3 24 | 0.42× | 1.60× | ||
| Q2 24 | -4.45× | 1.40× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
