vs
微芯科技（MCHP）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是微芯科技的1.1倍（$1.3B vs $1.2B），微芯科技净利率更高（5.3% vs -63.1%，领先68.4%），微芯科技同比增速更快（15.6% vs -25.8%），微芯科技自由现金流更多（$318.9M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -5.4%）
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
MCHP vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.1倍
$1.2B
营收增速更快
MCHP
高出41.4%
-25.8%
净利率更高
MCHP
高出68.4%
-63.1%
自由现金流更多
MCHP
多$1.5B
$-1.1B
两年增速更快
RIVN
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.3B |
| 净利润 | $62.7M | $-811.0M |
| 毛利率 | 59.6% | 9.3% |
| 营业利润率 | 12.8% | -64.8% |
| 净利率 | 5.3% | -63.1% |
| 营收同比 | 15.6% | -25.8% |
| 净利润同比 | 217.0% | -9.0% |
| 每股收益（稀释后） | $0.06 | $-0.66 |
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MCHPRIVN
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $970.5M | $1.2B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $1.2B | $874.0M | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.3B | $1.2B |
净利润MCHPRIVN
| Q4 25 | $62.7M | $-811.0M | ||
| Q3 25 | $41.7M | $-1.2B | ||
| Q2 25 | $-18.6M | $-1.1B | ||
| Q1 25 | $-154.6M | $-545.0M | ||
| Q4 24 | $-53.6M | $-744.0M | ||
| Q3 24 | $78.4M | $-1.1B | ||
| Q2 24 | $129.3M | $-1.5B | ||
| Q1 24 | $154.7M | $-1.4B |
毛利率MCHPRIVN
| Q4 25 | 59.6% | 9.3% | ||
| Q3 25 | 55.9% | 1.5% | ||
| Q2 25 | 53.6% | -15.8% | ||
| Q1 25 | 51.6% | 16.6% | ||
| Q4 24 | 54.7% | 9.8% | ||
| Q3 24 | 57.4% | -44.9% | ||
| Q2 24 | 59.4% | -38.9% | ||
| Q1 24 | 59.6% | -43.8% |
营业利润率MCHPRIVN
| Q4 25 | 12.8% | -64.8% | ||
| Q3 25 | 7.8% | -63.1% | ||
| Q2 25 | 3.0% | -85.5% | ||
| Q1 25 | -10.3% | -52.8% | ||
| Q4 24 | 3.0% | -38.1% | ||
| Q3 24 | 12.6% | -133.8% | ||
| Q2 24 | 17.7% | -118.7% | ||
| Q1 24 | 19.1% | -123.3% |
净利率MCHPRIVN
| Q4 25 | 5.3% | -63.1% | ||
| Q3 25 | 3.7% | -75.3% | ||
| Q2 25 | -1.7% | -85.7% | ||
| Q1 25 | -15.9% | -44.0% | ||
| Q4 24 | -5.2% | -42.9% | ||
| Q3 24 | 6.7% | -125.9% | ||
| Q2 24 | 10.4% | -125.8% | ||
| Q1 24 | 11.7% | -120.1% |
每股收益（稀释后）MCHPRIVN
| Q4 25 | $0.06 | $-0.66 | ||
| Q3 25 | $0.03 | $-0.96 | ||
| Q2 25 | $-0.09 | $-0.97 | ||
| Q1 25 | $-0.29 | $-0.48 | ||
| Q4 24 | $-0.10 | $-0.67 | ||
| Q3 24 | $0.14 | $-1.08 | ||
| Q2 24 | $0.24 | $-1.46 | ||
| Q1 24 | $0.29 | $-1.48 |
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 | $250.7M | $6.1B |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $6.6B | $4.6B |
| 总资产 | $14.3B | $14.9B |
| 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MCHPRIVN
| Q4 25 | $250.7M | $6.1B | ||
| Q3 25 | $236.8M | $7.1B | ||
| Q2 25 | $566.5M | $7.5B | ||
| Q1 25 | $771.7M | $7.2B | ||
| Q4 24 | $586.0M | $7.7B | ||
| Q3 24 | $286.1M | $6.7B | ||
| Q2 24 | $315.1M | $7.9B | ||
| Q1 24 | $319.7M | $7.9B |
总债务MCHPRIVN
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $5.5B | — | ||
| Q1 25 | $5.6B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.2B | $5.5B | ||
| Q1 24 | $6.0B | $4.4B |
股东权益MCHPRIVN
| Q4 25 | $6.6B | $4.6B | ||
| Q3 25 | $6.7B | $5.1B | ||
| Q2 25 | $6.9B | $6.1B | ||
| Q1 25 | $7.1B | $6.2B | ||
| Q4 24 | $6.0B | $6.6B | ||
| Q3 24 | $6.3B | $5.9B | ||
| Q2 24 | $6.4B | $6.8B | ||
| Q1 24 | $6.7B | $8.1B |
总资产MCHPRIVN
| Q4 25 | $14.3B | $14.9B | ||
| Q3 25 | $14.5B | $15.2B | ||
| Q2 25 | $15.0B | $15.6B | ||
| Q1 25 | $15.4B | $15.5B | ||
| Q4 24 | $15.6B | $15.4B | ||
| Q3 24 | $15.6B | $14.3B | ||
| Q2 24 | $15.8B | $15.4B | ||
| Q1 24 | $15.9B | $15.7B |
负债/权益比MCHPRIVN
| Q4 25 | 0.82× | — | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.80× | — | ||
| Q4 24 | 1.12× | — | ||
| Q3 24 | 1.02× | — | ||
| Q2 24 | 0.96× | 0.81× | ||
| Q1 24 | 0.90× | 0.55× |
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 | $341.4M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $318.9M | $-1.1B |
| 自由现金流率自由现金流/营收 | 26.9% | -89.0% |
| 资本支出强度资本支出/营收 | 1.9% | 36.0% |
| 现金转化率经营现金流/净利润 | 5.44× | — |
| 过去12个月自由现金流最近4个季度 | $819.9M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流MCHPRIVN
| Q4 25 | $341.4M | $-681.0M | ||
| Q3 25 | $88.1M | $26.0M | ||
| Q2 25 | $275.6M | $64.0M | ||
| Q1 25 | $205.9M | $-188.0M | ||
| Q4 24 | $271.5M | $1.2B | ||
| Q3 24 | $43.6M | $-876.0M | ||
| Q2 24 | $377.1M | $-754.0M | ||
| Q1 24 | $430.0M | $-1.3B |
自由现金流MCHPRIVN
| Q4 25 | $318.9M | $-1.1B | ||
| Q3 25 | $51.6M | $-421.0M | ||
| Q2 25 | $257.7M | $-398.0M | ||
| Q1 25 | $191.7M | $-526.0M | ||
| Q4 24 | $253.4M | $856.0M | ||
| Q3 24 | $22.8M | $-1.2B | ||
| Q2 24 | $304.2M | $-1.0B | ||
| Q1 24 | $389.9M | $-1.5B |
自由现金流率MCHPRIVN
| Q4 25 | 26.9% | -89.0% | ||
| Q3 25 | 4.5% | -27.0% | ||
| Q2 25 | 24.0% | -30.5% | ||
| Q1 25 | 19.8% | -42.4% | ||
| Q4 24 | 24.7% | 49.4% | ||
| Q3 24 | 2.0% | -131.9% | ||
| Q2 24 | 24.5% | -89.6% | ||
| Q1 24 | 29.4% | -126.5% |
资本支出强度MCHPRIVN
| Q4 25 | 1.9% | 36.0% | ||
| Q3 25 | 3.2% | 28.7% | ||
| Q2 25 | 1.7% | 35.5% | ||
| Q1 25 | 1.5% | 27.3% | ||
| Q4 24 | 1.8% | 18.9% | ||
| Q3 24 | 1.8% | 31.7% | ||
| Q2 24 | 5.9% | 24.4% | ||
| Q1 24 | 3.0% | 21.1% |
现金转化率MCHPRIVN
| Q4 25 | 5.44× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.92× | — | ||
| Q1 24 | 2.78× | — |
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
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
