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玛斯特锁（MBC）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
思佳讯的季度营收约是玛斯特锁的1.5倍（$943.7M vs $618.0M），思佳讯同比增速更快（-1.0% vs -6.4%），过去两年思佳讯的营收复合增速更高（2.1% vs -4.4%）
玛斯特锁是美国知名安防产品供应商，1921年由锁匠发明家哈里·索雷夫创立，总部位于威斯康星州奥克里克，主营挂锁、密码锁、保险箱及相关安防产品，现为富俊创新集团旗下子公司，在全球安防锁具领域拥有较高的市场认可度。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
MBC vs SWKS — 直观对比
营收规模更大
SWKS
是对方的1.5倍
$618.0M
营收增速更快
SWKS
高出5.4%
-6.4%
两年增速更快
SWKS
近两年复合增速
-4.4%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $618.0M | $943.7M |
| 净利润 | — | $35.6M |
| 毛利率 | 25.3% | 40.8% |
| 营业利润率 | — | 4.5% |
| 净利率 | — | 3.8% |
| 营收同比 | -6.4% | -1.0% |
| 净利润同比 | — | -48.2% |
| 每股收益（稀释后） | $-0.12 | $0.24 |
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MBCSWKS
| Q2 26 | — | $943.7M | ||
| Q1 26 | $618.0M | $1.0B | ||
| Q4 25 | $644.6M | $1.1B | ||
| Q3 25 | $698.9M | — | ||
| Q2 25 | $730.9M | $965.0M | ||
| Q1 25 | $660.3M | $953.2M | ||
| Q4 24 | $667.7M | $1.1B | ||
| Q3 24 | $718.1M | $1.0B |
净利润MBCSWKS
| Q2 26 | — | $35.6M | ||
| Q1 26 | — | $79.2M | ||
| Q4 25 | $-42.0M | $141.4M | ||
| Q3 25 | $18.1M | — | ||
| Q2 25 | $37.3M | $105.0M | ||
| Q1 25 | $13.3M | $68.7M | ||
| Q4 24 | $14.0M | $162.0M | ||
| Q3 24 | $29.1M | $60.5M |
毛利率MBCSWKS
| Q2 26 | — | 40.8% | ||
| Q1 26 | 25.3% | 41.3% | ||
| Q4 25 | 26.0% | 40.7% | ||
| Q3 25 | 31.2% | — | ||
| Q2 25 | 32.8% | 41.6% | ||
| Q1 25 | 30.6% | 41.1% | ||
| Q4 24 | 30.4% | 41.4% | ||
| Q3 24 | 33.1% | 41.9% |
营业利润率MBCSWKS
| Q2 26 | — | 4.5% | ||
| Q1 26 | — | 10.0% | ||
| Q4 25 | -4.2% | 10.1% | ||
| Q3 25 | 6.0% | — | ||
| Q2 25 | 9.2% | 11.5% | ||
| Q1 25 | 5.6% | 10.2% | ||
| Q4 24 | 5.6% | 16.9% | ||
| Q3 24 | 8.0% | 5.8% |
净利率MBCSWKS
| Q2 26 | — | 3.8% | ||
| Q1 26 | — | 7.6% | ||
| Q4 25 | -6.5% | 12.9% | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 5.1% | 10.9% | ||
| Q1 25 | 2.0% | 7.2% | ||
| Q4 24 | 2.1% | 15.2% | ||
| Q3 24 | 4.1% | 5.9% |
每股收益（稀释后）MBCSWKS
| Q2 26 | — | $0.24 | ||
| Q1 26 | $-0.12 | $0.53 | ||
| Q4 25 | $-0.32 | $0.95 | ||
| Q3 25 | $0.14 | — | ||
| Q2 25 | $0.29 | $0.70 | ||
| Q1 25 | $0.10 | $0.43 | ||
| Q4 24 | $0.10 | $1.00 | ||
| Q3 24 | $0.22 | $0.36 |
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 | $138.4M | — |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $1.3B | $5.8B |
| 总资产 | $3.1B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.82× | — |
8季度趋势，按日历期对齐
现金及短期投资MBCSWKS
| Q2 26 | — | — | ||
| Q1 26 | $138.4M | $1.6B | ||
| Q4 25 | $183.3M | $1.4B | ||
| Q3 25 | $114.8M | — | ||
| Q2 25 | $120.1M | $1.3B | ||
| Q1 25 | $113.5M | $1.5B | ||
| Q4 24 | $120.6M | $1.7B | ||
| Q3 24 | $108.4M | $1.6B |
总债务MBCSWKS
| Q2 26 | — | — | ||
| Q1 26 | $1.1B | $496.6M | ||
| Q4 25 | — | $496.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $496.2M | ||
| Q1 25 | — | $995.1M | ||
| Q4 24 | $1.0B | $994.7M | ||
| Q3 24 | $1.1B | $994.3M |
股东权益MBCSWKS
| Q2 26 | — | $5.8B | ||
| Q1 26 | $1.3B | $5.8B | ||
| Q4 25 | $1.3B | $5.8B | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | $5.7B | ||
| Q1 25 | $1.3B | $5.9B | ||
| Q4 24 | $1.3B | $6.4B | ||
| Q3 24 | $1.3B | $6.3B |
总资产MBCSWKS
| Q2 26 | — | $7.9B | ||
| Q1 26 | $3.1B | $7.9B | ||
| Q4 25 | $3.1B | $7.9B | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | $7.7B | ||
| Q1 25 | $3.0B | $7.9B | ||
| Q4 24 | $2.9B | $8.3B | ||
| Q3 24 | $3.0B | $8.3B |
负债/权益比MBCSWKS
| Q2 26 | — | — | ||
| Q1 26 | 0.82× | 0.09× | ||
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | 0.79× | 0.16× | ||
| Q3 24 | 0.83× | 0.16× |
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 | $-133.0M | $50.3M |
| 自由现金流经营现金流 - 资本支出 | $-146.2M | — |
| 自由现金流率自由现金流/营收 | -23.7% | — |
| 资本支出强度资本支出/营收 | 2.1% | 8.7% |
| 现金转化率经营现金流/净利润 | — | 1.41× |
| 过去12个月自由现金流最近4个季度 | $12.5M | — |
8季度趋势，按日历期对齐
经营现金流MBCSWKS
| Q2 26 | — | $50.3M | ||
| Q1 26 | $-133.0M | $395.5M | ||
| Q4 25 | $86.9M | $200.0M | ||
| Q3 25 | $55.4M | — | ||
| Q2 25 | $84.8M | $314.2M | ||
| Q1 25 | $-31.4M | $409.4M | ||
| Q4 24 | $115.1M | $377.2M | ||
| Q3 24 | $80.8M | $476.1M |
自由现金流MBCSWKS
| Q2 26 | — | — | ||
| Q1 26 | $-146.2M | $339.0M | ||
| Q4 25 | $52.5M | $144.0M | ||
| Q3 25 | $39.5M | — | ||
| Q2 25 | $66.7M | $252.7M | ||
| Q1 25 | $-41.2M | $370.9M | ||
| Q4 24 | $68.8M | $338.2M | ||
| Q3 24 | $64.5M | $393.3M |
自由现金流率MBCSWKS
| Q2 26 | — | — | ||
| Q1 26 | -23.7% | 32.7% | ||
| Q4 25 | 8.1% | 13.1% | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 9.1% | 26.2% | ||
| Q1 25 | -6.2% | 38.9% | ||
| Q4 24 | 10.3% | 31.7% | ||
| Q3 24 | 9.0% | 38.4% |
资本支出强度MBCSWKS
| Q2 26 | — | 8.7% | ||
| Q1 26 | 2.1% | 5.5% | ||
| Q4 25 | 5.3% | 5.1% | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.5% | 6.4% | ||
| Q1 25 | 1.5% | 4.0% | ||
| Q4 24 | 6.9% | 3.6% | ||
| Q3 24 | 2.3% | 8.1% |
现金转化率MBCSWKS
| Q2 26 | — | 1.41× | ||
| Q1 26 | — | 4.99× | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | 3.06× | — | ||
| Q2 25 | 2.27× | 2.99× | ||
| Q1 25 | -2.36× | 5.96× | ||
| Q4 24 | 8.22× | 2.33× | ||
| Q3 24 | 2.78× | 7.87× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
