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美满电子科技（MRVL）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
美满电子科技的季度营收约是瑞思迈的1.5倍（$2.1B vs $1.4B），美满电子科技净利率更高（91.7% vs 27.6%，领先64.1%），美满电子科技同比增速更快（36.8% vs 11.0%），过去两年美满电子科技的营收复合增速更高（20.6% vs 7.8%）
美满电子科技是总部位于美国加利福尼亚州圣克拉拉的半导体企业，成立于1995年，专注于半导体及相关技术的研发与生产。截至2024年，公司全球员工超6500人，持有全球专利超1万项，2024财年总营收达55亿美元。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
MRVL vs RMD — 直观对比
营收规模更大
MRVL
是对方的1.5倍
$1.4B
营收增速更快
MRVL
高出25.9%
11.0%
净利率更高
MRVL
高出64.1%
27.6%
两年增速更快
MRVL
近两年复合增速
7.8%
损益表 — Q3 FY2026 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.4B |
| 净利润 | $1.9B | $392.6M |
| 毛利率 | 51.6% | 61.8% |
| 营业利润率 | 17.2% | 34.6% |
| 净利率 | 91.7% | 27.6% |
| 营收同比 | 36.8% | 11.0% |
| 净利润同比 | 381.1% | 13.9% |
| 每股收益（稀释后） | $2.20 | $2.68 |
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MRVLRMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.3B | $1.2B |
净利润MRVLRMD
| Q2 26 | — | $392.6M | ||
| Q1 26 | — | $398.7M | ||
| Q4 25 | $1.9B | $392.6M | ||
| Q3 25 | $194.8M | $348.5M | ||
| Q2 25 | $177.9M | $379.7M | ||
| Q1 25 | $200.2M | $365.0M | ||
| Q4 24 | $-676.3M | $344.6M | ||
| Q3 24 | $-193.3M | $311.4M |
毛利率MRVLRMD
| Q2 26 | — | 61.8% | ||
| Q1 26 | — | 62.2% | ||
| Q4 25 | 51.6% | 61.8% | ||
| Q3 25 | 50.4% | 61.5% | ||
| Q2 25 | 50.3% | 60.8% | ||
| Q1 25 | 50.5% | 59.3% | ||
| Q4 24 | 23.0% | 58.6% | ||
| Q3 24 | 46.2% | 58.6% |
营业利润率MRVLRMD
| Q2 26 | — | 34.6% | ||
| Q1 26 | — | 34.9% | ||
| Q4 25 | 17.2% | 34.6% | ||
| Q3 25 | 14.5% | 33.4% | ||
| Q2 25 | 14.3% | 33.7% | ||
| Q1 25 | 12.9% | 33.0% | ||
| Q4 24 | -46.4% | 32.5% | ||
| Q3 24 | -7.9% | 31.6% |
净利率MRVLRMD
| Q2 26 | — | 27.6% | ||
| Q1 26 | — | 27.9% | ||
| Q4 25 | 91.7% | 27.6% | ||
| Q3 25 | 9.7% | 26.1% | ||
| Q2 25 | 9.4% | 28.2% | ||
| Q1 25 | 11.0% | 28.3% | ||
| Q4 24 | -44.6% | 26.9% | ||
| Q3 24 | -15.2% | 25.4% |
每股收益（稀释后）MRVLRMD
| Q2 26 | — | $2.68 | ||
| Q1 26 | — | $2.74 | ||
| Q4 25 | $2.20 | $2.68 | ||
| Q3 25 | $0.22 | $2.37 | ||
| Q2 25 | $0.20 | $2.58 | ||
| Q1 25 | $0.23 | $2.48 | ||
| Q4 24 | $-0.78 | $2.34 | ||
| Q3 24 | $-0.22 | $2.11 |
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 | $2.7B | $1.4B |
| 总债务越低越好 | $4.5B | $663.8M |
| 股东权益账面价值 | $14.1B | $6.3B |
| 总资产 | $21.6B | $8.5B |
| 负债/权益比越低杠杆越低 | 0.32× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资MRVLRMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.7B | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $885.9M | $1.2B | ||
| Q1 25 | $948.3M | $932.7M | ||
| Q4 24 | $868.1M | $521.9M | ||
| Q3 24 | $808.7M | $426.4M |
总债务MRVLRMD
| Q2 26 | — | $663.8M | ||
| Q1 26 | — | $664.1M | ||
| Q4 25 | $4.5B | $403.9M | ||
| Q3 25 | $4.5B | $408.7M | ||
| Q2 25 | $4.2B | $658.4M | ||
| Q1 25 | $4.1B | $663.1M | ||
| Q4 24 | $4.1B | $662.9M | ||
| Q3 24 | $4.1B | $667.6M |
股东权益MRVLRMD
| Q2 26 | — | $6.3B | ||
| Q1 26 | — | $6.5B | ||
| Q4 25 | $14.1B | $6.3B | ||
| Q3 25 | $13.4B | $6.1B | ||
| Q2 25 | $13.3B | $6.0B | ||
| Q1 25 | $13.4B | $5.5B | ||
| Q4 24 | $13.4B | $5.3B | ||
| Q3 24 | $14.2B | $5.2B |
总资产MRVLRMD
| Q2 26 | — | $8.5B | ||
| Q1 26 | — | $8.8B | ||
| Q4 25 | $21.6B | $8.5B | ||
| Q3 25 | $20.6B | $8.3B | ||
| Q2 25 | $20.0B | $8.2B | ||
| Q1 25 | $20.2B | $7.6B | ||
| Q4 24 | $19.7B | $7.1B | ||
| Q3 24 | $20.3B | $7.2B |
负债/权益比MRVLRMD
| Q2 26 | — | 0.11× | ||
| Q1 26 | — | 0.10× | ||
| Q4 25 | 0.32× | 0.06× | ||
| Q3 25 | 0.33× | 0.07× | ||
| Q2 25 | 0.32× | 0.11× | ||
| Q1 25 | 0.30× | 0.12× | ||
| Q4 24 | 0.31× | 0.13× | ||
| Q3 24 | 0.29× | 0.13× |
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 | $582.3M | — |
| 自由现金流经营现金流 - 资本支出 | $508.8M | — |
| 自由现金流率自由现金流/营收 | 24.5% | — |
| 资本支出强度资本支出/营收 | 3.5% | — |
| 现金转化率经营现金流/净利润 | 0.31× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流MRVLRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $582.3M | $339.7M | ||
| Q3 25 | $461.6M | $457.3M | ||
| Q2 25 | $332.9M | $538.8M | ||
| Q1 25 | $514.0M | $578.7M | ||
| Q4 24 | $536.3M | $308.6M | ||
| Q3 24 | $306.4M | $325.5M |
自由现金流MRVLRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $508.8M | $311.2M | ||
| Q3 25 | $414.1M | $414.4M | ||
| Q2 25 | $214.1M | $508.2M | ||
| Q1 25 | $444.1M | $557.9M | ||
| Q4 24 | $461.3M | $288.0M | ||
| Q3 24 | $258.2M | $307.7M |
自由现金流率MRVLRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 24.5% | 21.9% | ||
| Q3 25 | 20.6% | 31.0% | ||
| Q2 25 | 11.3% | 37.7% | ||
| Q1 25 | 24.4% | 43.2% | ||
| Q4 24 | 30.4% | 22.5% | ||
| Q3 24 | 20.3% | 25.1% |
资本支出强度MRVLRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 3.5% | 2.0% | ||
| Q3 25 | 2.4% | 3.2% | ||
| Q2 25 | 6.3% | 2.3% | ||
| Q1 25 | 3.8% | 1.6% | ||
| Q4 24 | 4.9% | 1.6% | ||
| Q3 24 | 3.8% | 1.5% |
现金转化率MRVLRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.31× | 0.87× | ||
| Q3 25 | 2.37× | 1.31× | ||
| Q2 25 | 1.87× | 1.42× | ||
| Q1 25 | 2.57× | 1.59× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 1.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
