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MACOM Technology Solutions Holdings, Inc.（MTSI）与Proto Labs Inc（PRLB）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Proto Labs Inc的1.9倍（$271.6M vs $139.3M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs 5.8%，领先12.1%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs 10.4%），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% vs 5.3%）
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。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
MTSI vs PRLB — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $139.3M |
| 净利润 | $48.8M | $8.1M |
| 毛利率 | 55.9% | 45.6% |
| 营业利润率 | 15.9% | 7.1% |
| 净利率 | 18.0% | 5.8% |
| 营收同比 | 24.5% | 10.4% |
| 净利润同比 | 129.1% | 125.4% |
| 每股收益（稀释后） | $0.64 | $0.29 |
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 | $139.3M | ||
| Q4 25 | $261.2M | $136.5M | ||
| Q3 25 | $252.1M | $135.4M | ||
| Q2 25 | $235.9M | $135.1M | ||
| Q1 25 | $218.1M | $126.2M | ||
| Q4 24 | — | $121.8M | ||
| Q3 24 | $200.7M | $125.6M | ||
| Q2 24 | $190.5M | $125.6M |
| Q1 26 | $48.8M | $8.1M | ||
| Q4 25 | $45.1M | — | ||
| Q3 25 | $36.5M | $7.2M | ||
| Q2 25 | $31.7M | $4.4M | ||
| Q1 25 | $-167.5M | $3.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $29.4M | $7.2M | ||
| Q2 24 | $19.9M | $4.5M |
| Q1 26 | 55.9% | 45.6% | ||
| Q4 25 | 54.5% | 44.2% | ||
| Q3 25 | 55.3% | 45.3% | ||
| Q2 25 | 55.2% | 44.3% | ||
| Q1 25 | 53.7% | 44.1% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | 54.7% | 45.6% | ||
| Q2 24 | 53.2% | 45.0% |
| Q1 26 | 15.9% | 7.1% | ||
| Q4 25 | 15.2% | 5.0% | ||
| Q3 25 | 14.9% | 6.5% | ||
| Q2 25 | 14.8% | 3.7% | ||
| Q1 25 | 8.0% | 3.6% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | 13.7% | 6.8% | ||
| Q2 24 | 10.4% | 4.8% |
| Q1 26 | 18.0% | 5.8% | ||
| Q4 25 | 17.3% | — | ||
| Q3 25 | 14.5% | 5.3% | ||
| Q2 25 | 13.4% | 3.3% | ||
| Q1 25 | -76.8% | 2.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.7% | 5.7% | ||
| Q2 24 | 10.5% | 3.6% |
| Q1 26 | $0.64 | $0.29 | ||
| Q4 25 | $0.67 | $0.25 | ||
| Q3 25 | $0.48 | $0.30 | ||
| Q2 25 | $0.42 | $0.18 | ||
| Q1 25 | $-2.30 | $0.15 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | $0.40 | $0.29 | ||
| Q2 24 | $0.27 | $0.18 |
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 | $124.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $683.1M |
| 总资产 | $2.1B | $778.6M |
| 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 | $124.0M | ||
| Q4 25 | $786.0M | $128.1M | ||
| Q3 25 | $735.2M | $119.2M | ||
| Q2 25 | $681.5M | $103.2M | ||
| Q1 25 | $656.5M | $96.8M | ||
| Q4 24 | — | $103.1M | ||
| Q3 24 | $581.9M | $100.5M | ||
| Q2 24 | $521.5M | $112.9M |
| Q1 26 | $1.4B | $683.1M | ||
| Q4 25 | $1.3B | $673.9M | ||
| Q3 25 | $1.3B | $664.7M | ||
| Q2 25 | $1.2B | $664.7M | ||
| Q1 25 | $1.2B | $656.8M | ||
| Q4 24 | — | $670.2M | ||
| Q3 24 | $1.1B | $680.0M | ||
| Q2 24 | $1.1B | $685.2M |
| Q1 26 | $2.1B | $778.6M | ||
| Q4 25 | $2.1B | $763.4M | ||
| Q3 25 | $2.0B | $756.9M | ||
| Q2 25 | $1.9B | $743.3M | ||
| Q1 25 | $1.8B | $737.5M | ||
| Q4 24 | — | $743.5M | ||
| Q3 24 | $1.8B | $753.8M | ||
| Q2 24 | $1.7B | $758.2M |
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 | $17.5M |
| 自由现金流经营现金流 - 资本支出 | $30.0M | — |
| 自由现金流率自由现金流/营收 | 11.0% | — |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 现金转化率经营现金流/净利润 | 0.88× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $161.5M | — |
8季度趋势，按日历期对齐
| Q1 26 | $42.9M | $17.5M | ||
| Q4 25 | $69.6M | $16.5M | ||
| Q3 25 | $60.4M | $29.1M | ||
| Q2 25 | $38.7M | $10.6M | ||
| Q1 25 | $66.7M | $18.4M | ||
| Q4 24 | — | $17.3M | ||
| Q3 24 | $62.3M | $24.8M | ||
| Q2 24 | $49.0M | $14.4M |
| Q1 26 | $30.0M | — | ||
| Q4 25 | $49.4M | $8.4M | ||
| Q3 25 | $51.6M | $25.0M | ||
| Q2 25 | $30.5M | $9.1M | ||
| Q1 25 | $61.3M | $17.1M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | $57.1M | $23.2M | ||
| Q2 24 | $41.5M | $10.2M |
| Q1 26 | 11.0% | — | ||
| Q4 25 | 18.9% | 6.2% | ||
| Q3 25 | 20.5% | 18.5% | ||
| Q2 25 | 12.9% | 6.7% | ||
| Q1 25 | 28.1% | 13.6% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | 28.5% | 18.5% | ||
| Q2 24 | 21.8% | 8.2% |
| Q1 26 | 4.8% | — | ||
| Q4 25 | 7.7% | 5.9% | ||
| Q3 25 | 3.5% | 3.0% | ||
| Q2 25 | 3.5% | 1.1% | ||
| Q1 25 | 2.4% | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 2.6% | 1.2% | ||
| Q2 24 | 3.9% | 3.3% |
| Q1 26 | 0.88× | 2.16× | ||
| Q4 25 | 1.54× | — | ||
| Q3 25 | 1.65× | 4.03× | ||
| Q2 25 | 1.22× | 2.39× | ||
| Q1 25 | — | 5.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.12× | 3.44× | ||
| Q2 24 | 2.46× | 3.18× |
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% |
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
