vs
MACOM Technology Solutions Holdings, Inc.（MTSI）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）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VIRTUS INVESTMENT PARTNERS, INC.的1.4倍（$271.6M vs $199.5M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs 3.6%，领先14.4%），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 -5.7%）
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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
MTSI vs VRTS — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $199.5M |
| 净利润 | $48.8M | $7.1M |
| 毛利率 | 55.9% | — |
| 营业利润率 | 15.9% | 7.7% |
| 净利率 | 18.0% | 3.6% |
| 营收同比 | 24.5% | -4.1% |
| 净利润同比 | 129.1% | -78.1% |
| 每股收益（稀释后） | $0.64 | $1.05 |
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 | $199.5M | ||
| Q4 25 | $261.2M | $208.0M | ||
| Q3 25 | $252.1M | $216.4M | ||
| Q2 25 | $235.9M | $210.5M | ||
| Q1 25 | $218.1M | $217.9M | ||
| Q4 24 | — | $233.5M | ||
| Q3 24 | $200.7M | $227.0M | ||
| Q2 24 | $190.5M | $224.4M |
| Q1 26 | $48.8M | $7.1M | ||
| Q4 25 | $45.1M | $33.9M | ||
| Q3 25 | $36.5M | $31.3M | ||
| Q2 25 | $31.7M | $42.7M | ||
| Q1 25 | $-167.5M | $28.1M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | $29.4M | $49.1M | ||
| Q2 24 | $19.9M | $26.0M |
| 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% | — |
| Q1 26 | 15.9% | 7.7% | ||
| Q4 25 | 15.2% | 19.1% | ||
| Q3 25 | 14.9% | 21.7% | ||
| Q2 25 | 14.8% | 21.5% | ||
| Q1 25 | 8.0% | 16.8% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | 13.7% | 24.3% | ||
| Q2 24 | 10.4% | 19.7% |
| Q1 26 | 18.0% | 3.6% | ||
| Q4 25 | 17.3% | 16.3% | ||
| Q3 25 | 14.5% | 14.5% | ||
| Q2 25 | 13.4% | 20.3% | ||
| Q1 25 | -76.8% | 12.9% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | 14.7% | 21.6% | ||
| Q2 24 | 10.5% | 11.6% |
| Q1 26 | $0.64 | $1.05 | ||
| Q4 25 | $0.67 | $5.15 | ||
| Q3 25 | $0.48 | $4.65 | ||
| Q2 25 | $0.42 | $6.12 | ||
| Q1 25 | $-2.30 | $4.05 | ||
| Q4 24 | — | $4.65 | ||
| Q3 24 | $0.40 | $5.71 | ||
| Q2 24 | $0.27 | $2.43 |
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 | $136.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $93.6B |
| 总资产 | $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 | $136.6M | ||
| Q4 25 | $786.0M | — | ||
| Q3 25 | $735.2M | — | ||
| Q2 25 | $681.5M | — | ||
| Q1 25 | $656.5M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $581.9M | — | ||
| Q2 24 | $521.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | $1.4B | $93.6B | ||
| Q4 25 | $1.3B | $934.0M | ||
| Q3 25 | $1.3B | $918.7M | ||
| Q2 25 | $1.2B | $896.4M | ||
| Q1 25 | $1.2B | $893.7M | ||
| Q4 24 | — | $897.5M | ||
| Q3 24 | $1.1B | $889.0M | ||
| Q2 24 | $1.1B | $868.7M |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $4.3B | ||
| Q3 25 | $2.0B | $3.9B | ||
| Q2 25 | $1.9B | $3.7B | ||
| Q1 25 | $1.8B | $3.7B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $1.8B | $3.6B | ||
| Q2 24 | $1.7B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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
| Q1 26 | $42.9M | — | ||
| Q4 25 | $69.6M | $-67.2M | ||
| Q3 25 | $60.4M | $108.3M | ||
| Q2 25 | $38.7M | $75.8M | ||
| Q1 25 | $66.7M | $-3.8M | ||
| Q4 24 | — | $1.8M | ||
| Q3 24 | $62.3M | $69.1M | ||
| Q2 24 | $49.0M | $70.0M |
| Q1 26 | $30.0M | — | ||
| Q4 25 | $49.4M | $-74.1M | ||
| Q3 25 | $51.6M | $106.9M | ||
| Q2 25 | $30.5M | $74.2M | ||
| Q1 25 | $61.3M | $-6.8M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | $57.1M | $68.7M | ||
| Q2 24 | $41.5M | $68.6M |
| Q1 26 | 11.0% | — | ||
| Q4 25 | 18.9% | -35.6% | ||
| Q3 25 | 20.5% | 49.4% | ||
| Q2 25 | 12.9% | 35.2% | ||
| Q1 25 | 28.1% | -3.1% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | 28.5% | 30.3% | ||
| Q2 24 | 21.8% | 30.6% |
| Q1 26 | 4.8% | — | ||
| Q4 25 | 7.7% | 3.3% | ||
| Q3 25 | 3.5% | 0.7% | ||
| Q2 25 | 3.5% | 0.7% | ||
| Q1 25 | 2.4% | 1.4% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | 2.6% | 0.2% | ||
| Q2 24 | 3.9% | 0.6% |
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.54× | -1.99× | ||
| Q3 25 | 1.65× | 3.45× | ||
| Q2 25 | 1.22× | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | 2.12× | 1.41× | ||
| Q2 24 | 2.46× | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
