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MACOM Technology Solutions Holdings, Inc.（MTSI）与ONESPAWORLD HOLDINGS Ltd（OSW）财务数据对比。点击上方公司名可切换其他公司
MACOM Technology Solutions Holdings, Inc.的季度营收约是ONESPAWORLD HOLDINGS Ltd的1.1倍（$271.6M vs $242.1M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs 5.0%，领先13.0%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs 11.5%），MACOM Technology Solutions Holdings, Inc.自由现金流更多（$30.0M vs $14.9M），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% vs 7.1%）
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。
MTSI vs OSW — 直观对比
营收规模更大
MTSI
是对方的1.1倍
$242.1M
营收增速更快
MTSI
高出13.0%
11.5%
净利率更高
MTSI
高出13.0%
5.0%
自由现金流更多
MTSI
多$15.1M
$14.9M
两年增速更快
MTSI
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $242.1M |
| 净利润 | $48.8M | $12.1M |
| 毛利率 | 55.9% | — |
| 营业利润率 | 15.9% | 6.8% |
| 净利率 | 18.0% | 5.0% |
| 营收同比 | 24.5% | 11.5% |
| 净利润同比 | 129.1% | -16.2% |
| 每股收益（稀释后） | $0.64 | $0.12 |
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MTSIOSW
| Q1 26 | $271.6M | — | ||
| Q4 25 | $261.2M | $242.1M | ||
| Q3 25 | $252.1M | $258.5M | ||
| Q2 25 | $235.9M | $240.7M | ||
| Q1 25 | $218.1M | $219.6M | ||
| Q4 24 | — | $217.2M | ||
| Q3 24 | $200.7M | $241.7M | ||
| Q2 24 | $190.5M | $224.9M |
净利润MTSIOSW
| Q1 26 | $48.8M | — | ||
| Q4 25 | $45.1M | $12.1M | ||
| Q3 25 | $36.5M | $24.3M | ||
| Q2 25 | $31.7M | $19.9M | ||
| Q1 25 | $-167.5M | $15.3M | ||
| Q4 24 | — | $14.4M | ||
| Q3 24 | $29.4M | $21.6M | ||
| Q2 24 | $19.9M | $15.8M |
毛利率MTSIOSW
| Q1 26 | 55.9% | — | ||
| Q4 25 | 54.5% | — | ||
| Q3 25 | 55.3% | — | ||
| Q2 25 | 55.2% | — | ||
| Q1 25 | 53.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 54.7% | — | ||
| Q2 24 | 53.2% | — |
营业利润率MTSIOSW
| Q1 26 | 15.9% | — | ||
| Q4 25 | 15.2% | 6.8% | ||
| Q3 25 | 14.9% | 10.2% | ||
| Q2 25 | 14.8% | 9.2% | ||
| Q1 25 | 8.0% | 7.7% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | 13.7% | 10.3% | ||
| Q2 24 | 10.4% | 8.4% |
净利率MTSIOSW
| Q1 26 | 18.0% | — | ||
| Q4 25 | 17.3% | 5.0% | ||
| Q3 25 | 14.5% | 9.4% | ||
| Q2 25 | 13.4% | 8.3% | ||
| Q1 25 | -76.8% | 7.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | 14.7% | 8.9% | ||
| Q2 24 | 10.5% | 7.0% |
每股收益（稀释后）MTSIOSW
| Q1 26 | $0.64 | — | ||
| Q4 25 | $0.67 | $0.12 | ||
| Q3 25 | $0.48 | $0.23 | ||
| Q2 25 | $0.42 | $0.19 | ||
| Q1 25 | $-2.30 | $0.15 | ||
| Q4 24 | — | $0.13 | ||
| Q3 24 | $0.40 | $0.20 | ||
| Q2 24 | $0.27 | $0.15 |
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 | $768.5M | $16.3M |
| 总债务越低越好 | — | $84.0M |
| 股东权益账面价值 | $1.4B | $542.6M |
| 总资产 | $2.1B | $707.1M |
| 负债/权益比越低杠杆越低 | — | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资MTSIOSW
| Q1 26 | $768.5M | — | ||
| Q4 25 | $786.0M | $16.3M | ||
| Q3 25 | $735.2M | $29.6M | ||
| Q2 25 | $681.5M | $35.0M | ||
| Q1 25 | $656.5M | $22.6M | ||
| Q4 24 | — | $57.4M | ||
| Q3 24 | $581.9M | $48.8M | ||
| Q2 24 | $521.5M | $62.5M |
总债务MTSIOSW
| Q1 26 | — | — | ||
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | — | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M |
股东权益MTSIOSW
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $542.6M | ||
| Q3 25 | $1.3B | $552.8M | ||
| Q2 25 | $1.2B | $548.3M | ||
| Q1 25 | $1.2B | $530.6M | ||
| Q4 24 | — | $554.5M | ||
| Q3 24 | $1.1B | $540.1M | ||
| Q2 24 | $1.1B | $532.7M |
总资产MTSIOSW
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $707.1M | ||
| Q3 25 | $2.0B | $732.6M | ||
| Q2 25 | $1.9B | $731.8M | ||
| Q1 25 | $1.8B | $708.7M | ||
| Q4 24 | — | $746.4M | ||
| Q3 24 | $1.8B | $734.0M | ||
| Q2 24 | $1.7B | $756.8M |
负债/权益比MTSIOSW
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× |
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 | $42.9M | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $30.0M | $14.9M |
| 自由现金流率自由现金流/营收 | 11.0% | 6.2% |
| 资本支出强度资本支出/营收 | 4.8% | 2.1% |
| 现金转化率经营现金流/净利润 | 0.88× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $161.5M | $68.4M |
8季度趋势，按日历期对齐
经营现金流MTSIOSW
| Q1 26 | $42.9M | — | ||
| Q4 25 | $69.6M | $20.0M | ||
| Q3 25 | $60.4M | $33.2M | ||
| Q2 25 | $38.7M | $20.3M | ||
| Q1 25 | $66.7M | $10.1M | ||
| Q4 24 | — | $16.6M | ||
| Q3 24 | $62.3M | $28.6M | ||
| Q2 24 | $49.0M | $18.7M |
自由现金流MTSIOSW
| Q1 26 | $30.0M | — | ||
| Q4 25 | $49.4M | $14.9M | ||
| Q3 25 | $51.6M | $27.6M | ||
| Q2 25 | $30.5M | $17.6M | ||
| Q1 25 | $61.3M | $8.4M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | $57.1M | $27.5M | ||
| Q2 24 | $41.5M | $17.6M |
自由现金流率MTSIOSW
| Q1 26 | 11.0% | — | ||
| Q4 25 | 18.9% | 6.2% | ||
| Q3 25 | 20.5% | 10.7% | ||
| Q2 25 | 12.9% | 7.3% | ||
| Q1 25 | 28.1% | 3.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | 28.5% | 11.4% | ||
| Q2 24 | 21.8% | 7.8% |
资本支出强度MTSIOSW
| Q1 26 | 4.8% | — | ||
| Q4 25 | 7.7% | 2.1% | ||
| Q3 25 | 3.5% | 2.2% | ||
| Q2 25 | 3.5% | 1.1% | ||
| Q1 25 | 2.4% | 0.8% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | 2.6% | 0.5% | ||
| Q2 24 | 3.9% | 0.5% |
现金转化率MTSIOSW
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.54× | 1.65× | ||
| Q3 25 | 1.65× | 1.36× | ||
| Q2 25 | 1.22× | 1.02× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | 2.12× | 1.33× | ||
| Q2 24 | 2.46× | 1.19× |
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
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
