vs
微芯科技（MCHP）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是微芯科技的1.1倍（$1.2B vs $1.2B），微芯科技净利率更高（5.3% vs -2.2%，领先7.5%），微芯科技同比增速更快（15.6% vs -18.3%），微芯科技自由现金流更多（$318.9M vs $298.4M），过去两年ROKU, INC的营收复合增速更高（13.6% 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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
MCHP vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.1倍
$1.2B
营收增速更快
MCHP
高出33.9%
-18.3%
净利率更高
MCHP
高出7.5%
-2.2%
自由现金流更多
MCHP
多$20.5M
$298.4M
两年增速更快
ROKU
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $62.7M | $-27.4M |
| 毛利率 | 59.6% | 35.6% |
| 营业利润率 | 12.8% | 59.7% |
| 净利率 | 5.3% | -2.2% |
| 营收同比 | 15.6% | -18.3% |
| 净利润同比 | 217.0% | -361.0% |
| 每股收益（稀释后） | $0.06 | $0.57 |
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MCHPROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $970.5M | $1.0B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $968.2M |
净利润MCHPROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $62.7M | $80.5M | ||
| Q3 25 | $41.7M | $24.8M | ||
| Q2 25 | $-18.6M | $10.5M | ||
| Q1 25 | $-154.6M | $-27.4M | ||
| Q4 24 | $-53.6M | $-35.5M | ||
| Q3 24 | $78.4M | $-9.0M | ||
| Q2 24 | $129.3M | $-34.0M |
毛利率MCHPROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 59.6% | 43.5% | ||
| Q3 25 | 55.9% | 43.4% | ||
| Q2 25 | 53.6% | 44.8% | ||
| Q1 25 | 51.6% | 43.6% | ||
| Q4 24 | 54.7% | 42.7% | ||
| Q3 24 | 57.4% | 45.2% | ||
| Q2 24 | 59.4% | 43.9% |
营业利润率MCHPROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 12.8% | 4.7% | ||
| Q3 25 | 7.8% | 0.8% | ||
| Q2 25 | 3.0% | -2.1% | ||
| Q1 25 | -10.3% | -5.7% | ||
| Q4 24 | 3.0% | -3.3% | ||
| Q3 24 | 12.6% | -3.4% | ||
| Q2 24 | 17.7% | -7.4% |
净利率MCHPROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 5.3% | 5.8% | ||
| Q3 25 | 3.7% | 2.0% | ||
| Q2 25 | -1.7% | 0.9% | ||
| Q1 25 | -15.9% | -2.7% | ||
| Q4 24 | -5.2% | -3.0% | ||
| Q3 24 | 6.7% | -0.9% | ||
| Q2 24 | 10.4% | -3.5% |
每股收益（稀释后）MCHPROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $0.06 | $0.55 | ||
| Q3 25 | $0.03 | $0.16 | ||
| Q2 25 | $-0.09 | $0.07 | ||
| Q1 25 | $-0.29 | $-0.19 | ||
| Q4 24 | $-0.10 | $-0.24 | ||
| Q3 24 | $0.14 | $-0.06 | ||
| Q2 24 | $0.24 | $-0.24 |
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 | $2.4B |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $6.6B | $2.7B |
| 总资产 | $14.3B | $4.4B |
| 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MCHPROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $250.7M | $2.3B | ||
| Q3 25 | $236.8M | $2.3B | ||
| Q2 25 | $566.5M | $2.3B | ||
| Q1 25 | $771.7M | $2.3B | ||
| Q4 24 | $586.0M | $2.2B | ||
| Q3 24 | $286.1M | $2.1B | ||
| Q2 24 | $315.1M | $2.1B |
总债务MCHPROKU
| Q1 26 | — | — | ||
| 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 | — |
股东权益MCHPROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $6.6B | $2.7B | ||
| Q3 25 | $6.7B | $2.6B | ||
| Q2 25 | $6.9B | $2.6B | ||
| Q1 25 | $7.1B | $2.5B | ||
| Q4 24 | $6.0B | $2.5B | ||
| Q3 24 | $6.3B | $2.5B | ||
| Q2 24 | $6.4B | $2.4B |
总资产MCHPROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $14.3B | $4.4B | ||
| Q3 25 | $14.5B | $4.4B | ||
| Q2 25 | $15.0B | $4.3B | ||
| Q1 25 | $15.4B | $4.2B | ||
| Q4 24 | $15.6B | $4.3B | ||
| Q3 24 | $15.6B | $4.3B | ||
| Q2 24 | $15.8B | $4.1B |
负债/权益比MCHPROKU
| Q1 26 | — | — | ||
| 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× | — |
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 | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $318.9M | $298.4M |
| 自由现金流率自由现金流/营收 | 26.9% | 23.9% |
| 资本支出强度资本支出/营收 | 1.9% | — |
| 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 | $640.0M |
8季度趋势，按日历期对齐
经营现金流MCHPROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $341.4M | $107.7M | ||
| Q3 25 | $88.1M | $127.6M | ||
| Q2 25 | $275.6M | $109.7M | ||
| Q1 25 | $205.9M | $138.7M | ||
| Q4 24 | $271.5M | $79.3M | ||
| Q3 24 | $43.6M | $68.7M | ||
| Q2 24 | $377.1M | $23.4M |
自由现金流MCHPROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $318.9M | $106.6M | ||
| Q3 25 | $51.6M | $126.5M | ||
| Q2 25 | $257.7M | $108.6M | ||
| Q1 25 | $191.7M | $136.8M | ||
| Q4 24 | $253.4M | $76.8M | ||
| Q3 24 | $22.8M | $67.6M | ||
| Q2 24 | $304.2M | $22.5M |
自由现金流率MCHPROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 26.9% | 7.6% | ||
| Q3 25 | 4.5% | 10.4% | ||
| Q2 25 | 24.0% | 9.8% | ||
| Q1 25 | 19.8% | 13.4% | ||
| Q4 24 | 24.7% | 6.4% | ||
| Q3 24 | 2.0% | 6.4% | ||
| Q2 24 | 24.5% | 2.3% |
资本支出强度MCHPROKU
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 0.1% | ||
| Q3 25 | 3.2% | 0.1% | ||
| Q2 25 | 1.7% | 0.1% | ||
| Q1 25 | 1.5% | 0.2% | ||
| Q4 24 | 1.8% | 0.2% | ||
| Q3 24 | 1.8% | 0.1% | ||
| Q2 24 | 5.9% | 0.1% |
现金转化率MCHPROKU
| Q1 26 | — | — | ||
| Q4 25 | 5.44× | 1.34× | ||
| Q3 25 | 2.11× | 5.14× | ||
| Q2 25 | — | 10.45× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.92× | — |
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% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
