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Monolithic Power Systems（MPWR）与MACOM Technology Solutions Holdings, Inc.（MTSI）财务数据对比。点击上方公司名可切换其他公司
Monolithic Power Systems的季度营收约是MACOM Technology Solutions Holdings, Inc.的2.8倍（$751.2M vs $271.6M），Monolithic Power Systems净利率更高（22.9% vs 18.0%，领先4.9%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs 20.8%），Monolithic Power Systems自由现金流更多（$63.9M vs $30.0M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs 22.4%）
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。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
MPWR vs MTSI — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $751.2M | $271.6M |
| 净利润 | $171.7M | $48.8M |
| 毛利率 | 55.2% | 55.9% |
| 营业利润率 | 26.6% | 15.9% |
| 净利率 | 22.9% | 18.0% |
| 营收同比 | 20.8% | 24.5% |
| 净利润同比 | -86.3% | 129.1% |
| 每股收益（稀释后） | $3.50 | $0.64 |
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
| Q1 26 | — | $271.6M | ||
| Q4 25 | $751.2M | $261.2M | ||
| Q3 25 | $737.2M | $252.1M | ||
| Q2 25 | $664.6M | $235.9M | ||
| Q1 25 | $637.6M | $218.1M | ||
| Q4 24 | $621.7M | — | ||
| Q3 24 | $620.1M | $200.7M | ||
| Q2 24 | $507.4M | $190.5M |
| Q1 26 | — | $48.8M | ||
| Q4 25 | $171.7M | $45.1M | ||
| Q3 25 | $179.8M | $36.5M | ||
| Q2 25 | $135.0M | $31.7M | ||
| Q1 25 | $135.1M | $-167.5M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $144.4M | $29.4M | ||
| Q2 24 | $100.4M | $19.9M |
| Q1 26 | — | 55.9% | ||
| Q4 25 | 55.2% | 54.5% | ||
| Q3 25 | 55.1% | 55.3% | ||
| Q2 25 | 55.1% | 55.2% | ||
| Q1 25 | 55.4% | 53.7% | ||
| Q4 24 | 55.4% | — | ||
| Q3 24 | 55.4% | 54.7% | ||
| Q2 24 | 55.3% | 53.2% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | 26.6% | 15.2% | ||
| Q3 25 | 26.5% | 14.9% | ||
| Q2 25 | 24.8% | 14.8% | ||
| Q1 25 | 26.5% | 8.0% | ||
| Q4 24 | 26.3% | — | ||
| Q3 24 | 26.5% | 13.7% | ||
| Q2 24 | 23.0% | 10.4% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | 22.9% | 17.3% | ||
| Q3 25 | 24.4% | 14.5% | ||
| Q2 25 | 20.3% | 13.4% | ||
| Q1 25 | 21.2% | -76.8% | ||
| Q4 24 | 201.8% | — | ||
| Q3 24 | 23.3% | 14.7% | ||
| Q2 24 | 19.8% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $3.50 | $0.67 | ||
| Q3 25 | $3.74 | $0.48 | ||
| Q2 25 | $2.81 | $0.42 | ||
| Q1 25 | $2.81 | $-2.30 | ||
| Q4 24 | $25.71 | — | ||
| Q3 24 | $2.95 | $0.40 | ||
| Q2 24 | $2.05 | $0.27 |
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 | $1.3B | $768.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5B | $1.4B |
| 总资产 | $4.2B | $2.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $768.5M | ||
| Q4 25 | $1.3B | $786.0M | ||
| Q3 25 | $1.3B | $735.2M | ||
| Q2 25 | $1.1B | $681.5M | ||
| Q1 25 | $1.0B | $656.5M | ||
| Q4 24 | $862.9M | — | ||
| Q3 24 | $1.5B | $581.9M | ||
| Q2 24 | $1.3B | $521.5M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $3.5B | $1.3B | ||
| Q3 25 | $3.4B | $1.3B | ||
| Q2 25 | $3.2B | $1.2B | ||
| Q1 25 | $3.1B | $1.2B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $2.2B | $1.1B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $4.2B | $2.1B | ||
| Q3 25 | $4.1B | $2.0B | ||
| Q2 25 | $3.9B | $1.9B | ||
| Q1 25 | $3.7B | $1.8B | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $2.9B | $1.8B | ||
| Q2 24 | $2.6B | $1.7B |
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 | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $63.9M | $30.0M |
| 自由现金流率自由现金流/营收 | 8.5% | 11.0% |
| 资本支出强度资本支出/营收 | 5.5% | 4.8% |
| 现金转化率经营现金流/净利润 | 0.61× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $666.2M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | — | $42.9M | ||
| Q4 25 | $104.9M | $69.6M | ||
| Q3 25 | $239.3M | $60.4M | ||
| Q2 25 | $237.6M | $38.7M | ||
| Q1 25 | $256.4M | $66.7M | ||
| Q4 24 | $167.7M | — | ||
| Q3 24 | $231.7M | $62.3M | ||
| Q2 24 | $141.0M | $49.0M |
| Q1 26 | — | $30.0M | ||
| Q4 25 | $63.9M | $49.4M | ||
| Q3 25 | $196.8M | $51.6M | ||
| Q2 25 | $189.5M | $30.5M | ||
| Q1 25 | $216.0M | $61.3M | ||
| Q4 24 | $102.9M | — | ||
| Q3 24 | $197.9M | $57.1M | ||
| Q2 24 | $109.5M | $41.5M |
| Q1 26 | — | 11.0% | ||
| Q4 25 | 8.5% | 18.9% | ||
| Q3 25 | 26.7% | 20.5% | ||
| Q2 25 | 28.5% | 12.9% | ||
| Q1 25 | 33.9% | 28.1% | ||
| Q4 24 | 16.5% | — | ||
| Q3 24 | 31.9% | 28.5% | ||
| Q2 24 | 21.6% | 21.8% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 5.5% | 7.7% | ||
| Q3 25 | 5.8% | 3.5% | ||
| Q2 25 | 7.2% | 3.5% | ||
| Q1 25 | 6.3% | 2.4% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 5.5% | 2.6% | ||
| Q2 24 | 6.2% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | 0.61× | 1.54× | ||
| Q3 25 | 1.33× | 1.65× | ||
| Q2 25 | 1.76× | 1.22× | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 1.60× | 2.12× | ||
| Q2 24 | 1.40× | 2.46× |
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
MPWR
暂无分部数据
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
