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MACOM Technology Solutions Holdings, Inc.（MTSI）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是MACOM Technology Solutions Holdings, Inc.的1.7倍（$461.6M vs $271.6M），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs -4.1%），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
MTSI vs SAM — 直观对比
营收规模更大
SAM
是对方的1.7倍
$271.6M
营收增速更快
MTSI
高出28.6%
-4.1%
两年增速更快
MTSI
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $461.6M |
| 净利润 | $48.8M | — |
| 毛利率 | 55.9% | 46.4% |
| 营业利润率 | 15.9% | 12.4% |
| 净利率 | 18.0% | — |
| 营收同比 | 24.5% | -4.1% |
| 净利润同比 | 129.1% | — |
| 每股收益（稀释后） | $0.64 | $2.16 |
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MTSISAM
| Q1 26 | $271.6M | $461.6M | ||
| Q4 25 | $261.2M | $385.7M | ||
| Q3 25 | $252.1M | $537.5M | ||
| Q2 25 | $235.9M | $587.9M | ||
| Q1 25 | $218.1M | $453.9M | ||
| Q4 24 | — | $402.3M | ||
| Q3 24 | $200.7M | $605.5M | ||
| Q2 24 | $190.5M | $579.1M |
净利润MTSISAM
| Q1 26 | $48.8M | — | ||
| Q4 25 | $45.1M | $-22.5M | ||
| Q3 25 | $36.5M | $46.2M | ||
| Q2 25 | $31.7M | $60.4M | ||
| Q1 25 | $-167.5M | $24.4M | ||
| Q4 24 | — | $-38.8M | ||
| Q3 24 | $29.4M | $33.5M | ||
| Q2 24 | $19.9M | $52.3M |
毛利率MTSISAM
| Q1 26 | 55.9% | 46.4% | ||
| Q4 25 | 54.5% | 43.5% | ||
| Q3 25 | 55.3% | 50.8% | ||
| Q2 25 | 55.2% | 49.8% | ||
| Q1 25 | 53.7% | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | 54.7% | 46.3% | ||
| Q2 24 | 53.2% | 46.0% |
营业利润率MTSISAM
| Q1 26 | 15.9% | 12.4% | ||
| Q4 25 | 15.2% | -8.6% | ||
| Q3 25 | 14.9% | 11.5% | ||
| Q2 25 | 14.8% | 14.0% | ||
| Q1 25 | 8.0% | 7.4% | ||
| Q4 24 | — | -13.9% | ||
| Q3 24 | 13.7% | 7.6% | ||
| Q2 24 | 10.4% | 12.2% |
净利率MTSISAM
| Q1 26 | 18.0% | — | ||
| Q4 25 | 17.3% | -5.8% | ||
| Q3 25 | 14.5% | 8.6% | ||
| Q2 25 | 13.4% | 10.3% | ||
| Q1 25 | -76.8% | 5.4% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | 14.7% | 5.5% | ||
| Q2 24 | 10.5% | 9.0% |
每股收益（稀释后）MTSISAM
| Q1 26 | $0.64 | $2.16 | ||
| Q4 25 | $0.67 | $-1.97 | ||
| Q3 25 | $0.48 | $4.25 | ||
| Q2 25 | $0.42 | $5.45 | ||
| Q1 25 | $-2.30 | $2.16 | ||
| Q4 24 | — | $-3.23 | ||
| Q3 24 | $0.40 | $2.86 | ||
| Q2 24 | $0.27 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $682.6M |
| 总资产 | $2.1B | $1.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MTSISAM
| Q1 26 | $768.5M | $164.1M | ||
| Q4 25 | $786.0M | $223.4M | ||
| Q3 25 | $735.2M | $250.5M | ||
| Q2 25 | $681.5M | $212.4M | ||
| Q1 25 | $656.5M | $152.5M | ||
| Q4 24 | — | $211.8M | ||
| Q3 24 | $581.9M | $255.6M | ||
| Q2 24 | $521.5M | $219.3M |
股东权益MTSISAM
| Q1 26 | $1.4B | $682.6M | ||
| Q4 25 | $1.3B | $846.3M | ||
| Q3 25 | $1.3B | $911.0M | ||
| Q2 25 | $1.2B | $912.3M | ||
| Q1 25 | $1.2B | $897.0M | ||
| Q4 24 | — | $916.2M | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B |
总资产MTSISAM
| Q1 26 | $2.1B | $1.2B | ||
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $1.7B | $1.4B |
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 | — |
| 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× | — |
| 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
经营现金流MTSISAM
| Q1 26 | $42.9M | — | ||
| Q4 25 | $69.6M | $39.9M | ||
| Q3 25 | $60.4M | $101.8M | ||
| Q2 25 | $38.7M | $126.5M | ||
| Q1 25 | $66.7M | $1.9M | ||
| Q4 24 | — | $41.9M | ||
| Q3 24 | $62.3M | $115.9M | ||
| Q2 24 | $49.0M | $96.0M |
自由现金流MTSISAM
| Q1 26 | $30.0M | — | ||
| Q4 25 | $49.4M | $22.1M | ||
| Q3 25 | $51.6M | $89.2M | ||
| Q2 25 | $30.5M | $112.2M | ||
| Q1 25 | $61.3M | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | $57.1M | $99.2M | ||
| Q2 24 | $41.5M | $75.6M |
自由现金流率MTSISAM
| Q1 26 | 11.0% | — | ||
| Q4 25 | 18.9% | 5.7% | ||
| Q3 25 | 20.5% | 16.6% | ||
| Q2 25 | 12.9% | 19.1% | ||
| Q1 25 | 28.1% | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | 28.5% | 16.4% | ||
| Q2 24 | 21.8% | 13.1% |
资本支出强度MTSISAM
| Q1 26 | 4.8% | — | ||
| Q4 25 | 7.7% | 4.6% | ||
| Q3 25 | 3.5% | 2.3% | ||
| Q2 25 | 3.5% | 2.4% | ||
| Q1 25 | 2.4% | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 2.6% | 2.8% | ||
| Q2 24 | 3.9% | 3.5% |
现金转化率MTSISAM
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.54× | — | ||
| Q3 25 | 1.65× | 2.21× | ||
| Q2 25 | 1.22× | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.12× | 3.46× | ||
| Q2 24 | 2.46× | 1.83× |
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% |
SAM
暂无分部数据
