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英伟达（NVDA）与泰瑞达（TER）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泰瑞达的62.9倍（$68.1B vs $1.1B），英伟达净利率更高（63.1% vs 23.7%，领先39.3%），英伟达同比增速更快（73.2% vs 43.9%），英伟达自由现金流更多（$34.9B vs $218.8M），过去两年英伟达的营收复合增速更高（61.7% vs 34.4%）
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。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
NVDA vs TER — 直观对比
营收规模更大
NVDA
是对方的62.9倍
$1.1B
营收增速更快
NVDA
高出29.3%
43.9%
净利率更高
NVDA
高出39.3%
23.7%
自由现金流更多
NVDA
多$34.7B
$218.8M
两年增速更快
NVDA
近两年复合增速
34.4%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $68.1B | $1.1B |
| 净利润 | $43.0B | $257.2M |
| 毛利率 | 75.0% | 57.2% |
| 营业利润率 | 65.0% | 27.1% |
| 净利率 | 63.1% | 23.7% |
| 营收同比 | 73.2% | 43.9% |
| 净利润同比 | 94.5% | 75.9% |
| 每股收益（稀释后） | $1.76 | $1.62 |
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NVDATER
| Q1 26 | $68.1B | — | ||
| Q4 25 | $57.0B | $1.1B | ||
| Q3 25 | $46.7B | $769.2M | ||
| Q2 25 | $44.1B | $651.8M | ||
| Q1 25 | $39.3B | $685.7M | ||
| Q4 24 | $35.1B | $752.9M | ||
| Q3 24 | $30.0B | $737.3M | ||
| Q2 24 | $26.0B | $729.9M |
净利润NVDATER
| Q1 26 | $43.0B | — | ||
| Q4 25 | $31.9B | $257.2M | ||
| Q3 25 | $26.4B | $119.6M | ||
| Q2 25 | $18.8B | $78.4M | ||
| Q1 25 | $22.1B | $98.9M | ||
| Q4 24 | $19.3B | $146.3M | ||
| Q3 24 | $16.6B | $145.6M | ||
| Q2 24 | $14.9B | $186.3M |
毛利率NVDATER
| Q1 26 | 75.0% | — | ||
| Q4 25 | 73.4% | 57.2% | ||
| Q3 25 | 72.4% | 58.4% | ||
| Q2 25 | 60.5% | 57.2% | ||
| Q1 25 | 73.0% | 60.6% | ||
| Q4 24 | 74.6% | 59.4% | ||
| Q3 24 | 75.1% | 59.2% | ||
| Q2 24 | 78.4% | 58.3% |
营业利润率NVDATER
| Q1 26 | 65.0% | — | ||
| Q4 25 | 63.2% | 27.1% | ||
| Q3 25 | 60.8% | 18.9% | ||
| Q2 25 | 49.1% | 13.9% | ||
| Q1 25 | 61.1% | 17.6% | ||
| Q4 24 | 62.3% | 20.4% | ||
| Q3 24 | 62.1% | 20.6% | ||
| Q2 24 | 64.9% | 28.8% |
净利率NVDATER
| Q1 26 | 63.1% | — | ||
| Q4 25 | 56.0% | 23.7% | ||
| Q3 25 | 56.5% | 15.5% | ||
| Q2 25 | 42.6% | 12.0% | ||
| Q1 25 | 56.2% | 14.4% | ||
| Q4 24 | 55.0% | 19.4% | ||
| Q3 24 | 55.3% | 19.8% | ||
| Q2 24 | 57.1% | 25.5% |
每股收益（稀释后）NVDATER
| Q1 26 | $1.76 | — | ||
| Q4 25 | $1.30 | $1.62 | ||
| Q3 25 | $1.08 | $0.75 | ||
| Q2 25 | $0.76 | $0.49 | ||
| Q1 25 | $-4.49 | $0.61 | ||
| Q4 24 | $0.78 | $0.89 | ||
| Q3 24 | $0.67 | $0.89 | ||
| Q2 24 | $5.98 | $1.14 |
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 | $293.8M |
| 总债务越低越好 | $8.5B | — |
| 股东权益账面价值 | $157.3B | $2.8B |
| 总资产 | $206.8B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.05× | — |
8季度趋势，按日历期对齐
现金及短期投资NVDATER
| Q1 26 | $10.6B | — | ||
| Q4 25 | $60.6B | $293.8M | ||
| Q3 25 | $56.8B | $272.7M | ||
| Q2 25 | $53.7B | $339.3M | ||
| Q1 25 | $43.2B | $475.6M | ||
| Q4 24 | $38.5B | $553.4M | ||
| Q3 24 | $34.8B | $510.0M | ||
| Q2 24 | $31.4B | $421.9M |
总债务NVDATER
| Q1 26 | $8.5B | — | ||
| Q4 25 | $8.5B | — | ||
| Q3 25 | $8.5B | — | ||
| Q2 25 | $8.5B | — | ||
| Q1 25 | $8.5B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $8.5B | — | ||
| Q2 24 | $9.7B | — |
股东权益NVDATER
| Q1 26 | $157.3B | — | ||
| Q4 25 | $118.9B | $2.8B | ||
| Q3 25 | $100.1B | $2.7B | ||
| Q2 25 | $83.8B | $2.8B | ||
| Q1 25 | $79.3B | $2.8B | ||
| Q4 24 | $65.9B | $2.8B | ||
| Q3 24 | $58.2B | $2.9B | ||
| Q2 24 | $49.1B | $2.7B |
总资产NVDATER
| Q1 26 | $206.8B | — | ||
| Q4 25 | $161.1B | $4.2B | ||
| Q3 25 | $140.7B | $4.0B | ||
| Q2 25 | $125.3B | $3.8B | ||
| Q1 25 | $111.6B | $3.7B | ||
| Q4 24 | $96.0B | $3.7B | ||
| Q3 24 | $85.2B | $3.8B | ||
| Q2 24 | $77.1B | $3.6B |
负债/权益比NVDATER
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | 0.10× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.20× | — |
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 | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $34.9B | $218.8M |
| 自由现金流率自由现金流/营收 | 51.2% | 20.2% |
| 资本支出强度资本支出/营收 | 1.9% | 5.8% |
| 现金转化率经营现金流/净利润 | 0.84× | 1.09× |
| 过去12个月自由现金流最近4个季度 | $96.7B | $450.4M |
8季度趋势，按日历期对齐
经营现金流NVDATER
| Q1 26 | $36.2B | — | ||
| Q4 25 | $23.8B | $281.6M | ||
| Q3 25 | $15.4B | $49.0M | ||
| Q2 25 | $27.4B | $182.1M | ||
| Q1 25 | $16.6B | $161.6M | ||
| Q4 24 | $17.6B | $282.6M | ||
| Q3 24 | $14.5B | $166.3M | ||
| Q2 24 | $15.3B | $216.1M |
自由现金流NVDATER
| Q1 26 | $34.9B | — | ||
| Q4 25 | $22.1B | $218.8M | ||
| Q3 25 | $13.5B | $2.4M | ||
| Q2 25 | $26.2B | $131.7M | ||
| Q1 25 | $15.6B | $97.6M | ||
| Q4 24 | $16.8B | $225.2M | ||
| Q3 24 | $13.5B | $114.4M | ||
| Q2 24 | $15.0B | $171.2M |
自由现金流率NVDATER
| Q1 26 | 51.2% | — | ||
| Q4 25 | 38.8% | 20.2% | ||
| Q3 25 | 28.8% | 0.3% | ||
| Q2 25 | 59.4% | 20.2% | ||
| Q1 25 | 39.5% | 14.2% | ||
| Q4 24 | 47.9% | 29.9% | ||
| Q3 24 | 45.0% | 15.5% | ||
| Q2 24 | 57.5% | 23.5% |
资本支出强度NVDATER
| Q1 26 | 1.9% | — | ||
| Q4 25 | 2.9% | 5.8% | ||
| Q3 25 | 4.1% | 6.1% | ||
| Q2 25 | 2.8% | 7.7% | ||
| Q1 25 | 2.7% | 9.3% | ||
| Q4 24 | 2.3% | 7.6% | ||
| Q3 24 | 3.3% | 7.0% | ||
| Q2 24 | 1.4% | 6.1% |
现金转化率NVDATER
| Q1 26 | 0.84× | — | ||
| Q4 25 | 0.74× | 1.09× | ||
| Q3 25 | 0.58× | 0.41× | ||
| Q2 25 | 1.46× | 2.32× | ||
| Q1 25 | 0.75× | 1.63× | ||
| Q4 24 | 0.91× | 1.93× | ||
| Q3 24 | 0.87× | 1.14× | ||
| Q2 24 | 1.03× | 1.16× |
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% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
