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英伟达（NVDA）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
英伟达的季度营收约是思佳讯的65.8倍（$68.1B vs $1.0B），英伟达净利率更高（63.1% vs 7.6%，领先55.4%），英伟达同比增速更快（73.2% vs 8.6%），英伟达自由现金流更多（$34.9B vs $339.0M），过去两年英伟达的营收复合增速更高（61.7% vs -0.5%）
英伟达是总部位于美国加利福尼亚州圣克拉拉的科技企业，1993年由黄仁勋、克里斯·马拉科夫斯基、柯蒂斯·普里姆联合创立。公司主营图形处理器（GPU）、系统级芯片（SoC）及应用程序接口（API）产品，覆盖数据科学、高性能计算、游戏、移动与车载应用等领域，是全球知名的头部科技企业之一。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
NVDA vs SWKS — 直观对比
营收规模更大
NVDA
是对方的65.8倍
$1.0B
营收增速更快
NVDA
高出64.6%
8.6%
净利率更高
NVDA
高出55.4%
7.6%
自由现金流更多
NVDA
多$34.6B
$339.0M
两年增速更快
NVDA
近两年复合增速
-0.5%
损益表 — Q4 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $68.1B | $1.0B |
| 净利润 | $43.0B | $79.2M |
| 毛利率 | 75.0% | 41.3% |
| 营业利润率 | 65.0% | 10.0% |
| 净利率 | 63.1% | 7.6% |
| 营收同比 | 73.2% | 8.6% |
| 净利润同比 | 94.5% | 15.3% |
| 每股收益（稀释后） | $1.76 | $0.53 |
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NVDASWKS
| Q1 26 | $68.1B | $1.0B | ||
| Q4 25 | $57.0B | $1.1B | ||
| Q3 25 | $46.7B | — | ||
| Q2 25 | $44.1B | $965.0M | ||
| Q1 25 | $39.3B | $953.2M | ||
| Q4 24 | $35.1B | $1.1B | ||
| Q3 24 | $30.0B | $1.0B | ||
| Q2 24 | $26.0B | $905.5M |
净利润NVDASWKS
| Q1 26 | $43.0B | $79.2M | ||
| Q4 25 | $31.9B | $141.4M | ||
| Q3 25 | $26.4B | — | ||
| Q2 25 | $18.8B | $105.0M | ||
| Q1 25 | $22.1B | $68.7M | ||
| Q4 24 | $19.3B | $162.0M | ||
| Q3 24 | $16.6B | $60.5M | ||
| Q2 24 | $14.9B | $120.9M |
毛利率NVDASWKS
| Q1 26 | 75.0% | 41.3% | ||
| Q4 25 | 73.4% | 40.7% | ||
| Q3 25 | 72.4% | — | ||
| Q2 25 | 60.5% | 41.6% | ||
| Q1 25 | 73.0% | 41.1% | ||
| Q4 24 | 74.6% | 41.4% | ||
| Q3 24 | 75.1% | 41.9% | ||
| Q2 24 | 78.4% | 40.2% |
营业利润率NVDASWKS
| Q1 26 | 65.0% | 10.0% | ||
| Q4 25 | 63.2% | 10.1% | ||
| Q3 25 | 60.8% | — | ||
| Q2 25 | 49.1% | 11.5% | ||
| Q1 25 | 61.1% | 10.2% | ||
| Q4 24 | 62.3% | 16.9% | ||
| Q3 24 | 62.1% | 5.8% | ||
| Q2 24 | 64.9% | 14.4% |
净利率NVDASWKS
| Q1 26 | 63.1% | 7.6% | ||
| Q4 25 | 56.0% | 12.9% | ||
| Q3 25 | 56.5% | — | ||
| Q2 25 | 42.6% | 10.9% | ||
| Q1 25 | 56.2% | 7.2% | ||
| Q4 24 | 55.0% | 15.2% | ||
| Q3 24 | 55.3% | 5.9% | ||
| Q2 24 | 57.1% | 13.4% |
每股收益（稀释后）NVDASWKS
| Q1 26 | $1.76 | $0.53 | ||
| Q4 25 | $1.30 | $0.95 | ||
| Q3 25 | $1.08 | — | ||
| Q2 25 | $0.76 | $0.70 | ||
| Q1 25 | $-4.49 | $0.43 | ||
| Q4 24 | $0.78 | $1.00 | ||
| Q3 24 | $0.67 | $0.36 | ||
| Q2 24 | $5.98 | $0.75 |
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 | $10.6B | $1.6B |
| 总债务越低越好 | $8.5B | $496.6M |
| 股东权益账面价值 | $157.3B | $5.8B |
| 总资产 | $206.8B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NVDASWKS
| Q1 26 | $10.6B | $1.6B | ||
| Q4 25 | $60.6B | $1.4B | ||
| Q3 25 | $56.8B | — | ||
| Q2 25 | $53.7B | $1.3B | ||
| Q1 25 | $43.2B | $1.5B | ||
| Q4 24 | $38.5B | $1.7B | ||
| Q3 24 | $34.8B | $1.6B | ||
| Q2 24 | $31.4B | $1.3B |
总债务NVDASWKS
| Q1 26 | $8.5B | $496.6M | ||
| Q4 25 | $8.5B | $496.4M | ||
| Q3 25 | $8.5B | — | ||
| Q2 25 | $8.5B | $496.2M | ||
| Q1 25 | $8.5B | $995.1M | ||
| Q4 24 | $8.5B | $994.7M | ||
| Q3 24 | $8.5B | $994.3M | ||
| Q2 24 | $9.7B | $994.0M |
股东权益NVDASWKS
| Q1 26 | $157.3B | $5.8B | ||
| Q4 25 | $118.9B | $5.8B | ||
| Q3 25 | $100.1B | — | ||
| Q2 25 | $83.8B | $5.7B | ||
| Q1 25 | $79.3B | $5.9B | ||
| Q4 24 | $65.9B | $6.4B | ||
| Q3 24 | $58.2B | $6.3B | ||
| Q2 24 | $49.1B | $6.3B |
总资产NVDASWKS
| Q1 26 | $206.8B | $7.9B | ||
| Q4 25 | $161.1B | $7.9B | ||
| Q3 25 | $140.7B | — | ||
| Q2 25 | $125.3B | $7.7B | ||
| Q1 25 | $111.6B | $7.9B | ||
| Q4 24 | $96.0B | $8.3B | ||
| Q3 24 | $85.2B | $8.3B | ||
| Q2 24 | $77.1B | $8.2B |
负债/权益比NVDASWKS
| Q1 26 | 0.05× | 0.09× | ||
| Q4 25 | 0.07× | 0.09× | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | 0.10× | 0.09× | ||
| Q1 25 | 0.11× | 0.17× | ||
| Q4 24 | 0.13× | 0.16× | ||
| Q3 24 | 0.15× | 0.16× | ||
| Q2 24 | 0.20× | 0.16× |
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 | $36.2B | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $34.9B | $339.0M |
| 自由现金流率自由现金流/营收 | 51.2% | 32.7% |
| 资本支出强度资本支出/营收 | 1.9% | 5.5% |
| 现金转化率经营现金流/净利润 | 0.84× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $96.7B | $1.1B |
8季度趋势，按日历期对齐
经营现金流NVDASWKS
| Q1 26 | $36.2B | $395.5M | ||
| Q4 25 | $23.8B | $200.0M | ||
| Q3 25 | $15.4B | — | ||
| Q2 25 | $27.4B | $314.2M | ||
| Q1 25 | $16.6B | $409.4M | ||
| Q4 24 | $17.6B | $377.2M | ||
| Q3 24 | $14.5B | $476.1M | ||
| Q2 24 | $15.3B | $273.4M |
自由现金流NVDASWKS
| Q1 26 | $34.9B | $339.0M | ||
| Q4 25 | $22.1B | $144.0M | ||
| Q3 25 | $13.5B | — | ||
| Q2 25 | $26.2B | $252.7M | ||
| Q1 25 | $15.6B | $370.9M | ||
| Q4 24 | $16.8B | $338.2M | ||
| Q3 24 | $13.5B | $393.3M | ||
| Q2 24 | $15.0B | $249.0M |
自由现金流率NVDASWKS
| Q1 26 | 51.2% | 32.7% | ||
| Q4 25 | 38.8% | 13.1% | ||
| Q3 25 | 28.8% | — | ||
| Q2 25 | 59.4% | 26.2% | ||
| Q1 25 | 39.5% | 38.9% | ||
| Q4 24 | 47.9% | 31.7% | ||
| Q3 24 | 45.0% | 38.4% | ||
| Q2 24 | 57.5% | 27.5% |
资本支出强度NVDASWKS
| Q1 26 | 1.9% | 5.5% | ||
| Q4 25 | 2.9% | 5.1% | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 2.8% | 6.4% | ||
| Q1 25 | 2.7% | 4.0% | ||
| Q4 24 | 2.3% | 3.6% | ||
| Q3 24 | 3.3% | 8.1% | ||
| Q2 24 | 1.4% | 2.7% |
现金转化率NVDASWKS
| Q1 26 | 0.84× | 4.99× | ||
| Q4 25 | 0.74× | 1.41× | ||
| Q3 25 | 0.58× | — | ||
| Q2 25 | 1.46× | 2.99× | ||
| Q1 25 | 0.75× | 5.96× | ||
| Q4 24 | 0.91× | 2.33× | ||
| Q3 24 | 0.87× | 7.87× | ||
| Q2 24 | 1.03× | 2.26× |
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
NVDA
| Compute | $51.3B | 75% |
| Networking | $11.0B | 16% |
| Gaming | $3.7B | 5% |
| Professional Visualization | $1.3B | 2% |
| Automotive | $604.0M | 1% |
| OEM And Other | $161.0M | 0% |
| Inventory Purchase Obligations In Excess Of Projections | $31.0M | 0% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
