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恩智浦（NXPI）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
恩智浦的季度营收约是思佳讯的3.2倍（$3.3B vs $1.0B），恩智浦净利率更高（13.6% vs 7.6%，领先6.0%），思佳讯同比增速更快（8.6% vs 7.2%），恩智浦自由现金流更多（$793.0M vs $339.0M），过去两年恩智浦的营收复合增速更高（3.3% vs -0.5%）
恩智浦是总部位于荷兰埃因霍温的半导体设计与制造企业，为2024年市值排名欧洲第三的半导体公司。目前集团在全球30多个国家拥有约3.4万名员工，2024年总营收达126.1亿美元。
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。
NXPI vs SWKS — 直观对比
营收规模更大
NXPI
是对方的3.2倍
$1.0B
营收增速更快
SWKS
高出1.4%
7.2%
净利率更高
NXPI
高出6.0%
7.6%
自由现金流更多
NXPI
多$454.0M
$339.0M
两年增速更快
NXPI
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.0B |
| 净利润 | $455.0M | $79.2M |
| 毛利率 | 54.2% | 41.3% |
| 营业利润率 | 22.3% | 10.0% |
| 净利率 | 13.6% | 7.6% |
| 营收同比 | 7.2% | 8.6% |
| 净利润同比 | -8.1% | 15.3% |
| 每股收益（稀释后） | $1.80 | $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NXPISWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $3.3B | $1.1B | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.9B | $965.0M | ||
| Q1 25 | $2.8B | $953.2M | ||
| Q4 24 | $3.1B | $1.1B | ||
| Q3 24 | $3.3B | $1.0B | ||
| Q2 24 | $3.1B | $905.5M |
净利润NXPISWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $455.0M | $141.4M | ||
| Q3 25 | $631.0M | — | ||
| Q2 25 | $445.0M | $105.0M | ||
| Q1 25 | $490.0M | $68.7M | ||
| Q4 24 | $495.0M | $162.0M | ||
| Q3 24 | $718.0M | $60.5M | ||
| Q2 24 | $658.0M | $120.9M |
毛利率NXPISWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | 54.2% | 40.7% | ||
| Q3 25 | 56.3% | — | ||
| Q2 25 | 53.4% | 41.6% | ||
| Q1 25 | 55.0% | 41.1% | ||
| Q4 24 | 53.9% | 41.4% | ||
| Q3 24 | 57.4% | 41.9% | ||
| Q2 24 | 57.3% | 40.2% |
营业利润率NXPISWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 22.3% | 10.1% | ||
| Q3 25 | 28.1% | — | ||
| Q2 25 | 23.5% | 11.5% | ||
| Q1 25 | 25.5% | 10.2% | ||
| Q4 24 | 21.7% | 16.9% | ||
| Q3 24 | 30.5% | 5.8% | ||
| Q2 24 | 28.7% | 14.4% |
净利率NXPISWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 13.6% | 12.9% | ||
| Q3 25 | 19.9% | — | ||
| Q2 25 | 15.2% | 10.9% | ||
| Q1 25 | 17.3% | 7.2% | ||
| Q4 24 | 15.9% | 15.2% | ||
| Q3 24 | 22.1% | 5.9% | ||
| Q2 24 | 21.0% | 13.4% |
每股收益（稀释后）NXPISWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $1.80 | $0.95 | ||
| Q3 25 | $2.48 | — | ||
| Q2 25 | $1.75 | $0.70 | ||
| Q1 25 | $1.92 | $0.43 | ||
| Q4 24 | $1.93 | $1.00 | ||
| Q3 24 | $2.79 | $0.36 | ||
| Q2 24 | $2.54 | $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 | $3.3B | $1.6B |
| 总债务越低越好 | $11.0B | $496.6M |
| 股东权益账面价值 | $10.1B | $5.8B |
| 总资产 | $26.6B | $7.9B |
| 负债/权益比越低杠杆越低 | 1.09× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NXPISWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $3.3B | $1.4B | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $4.0B | $1.5B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $2.7B | $1.6B | ||
| Q2 24 | $2.9B | $1.3B |
总债务NXPISWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $11.0B | $496.4M | ||
| Q3 25 | $11.0B | — | ||
| Q2 25 | $9.5B | $496.2M | ||
| Q1 25 | $10.2B | $995.1M | ||
| Q4 24 | $10.4B | $994.7M | ||
| Q3 24 | $9.7B | $994.3M | ||
| Q2 24 | $9.7B | $994.0M |
股东权益NXPISWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $10.1B | $5.8B | ||
| Q3 25 | $10.0B | — | ||
| Q2 25 | $9.6B | $5.7B | ||
| Q1 25 | $9.3B | $5.9B | ||
| Q4 24 | $9.2B | $6.4B | ||
| Q3 24 | $9.4B | $6.3B | ||
| Q2 24 | $9.0B | $6.3B |
总资产NXPISWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $26.6B | $7.9B | ||
| Q3 25 | $26.4B | — | ||
| Q2 25 | $25.3B | $7.7B | ||
| Q1 25 | $25.2B | $7.9B | ||
| Q4 24 | $24.4B | $8.3B | ||
| Q3 24 | $23.7B | $8.3B | ||
| Q2 24 | $23.2B | $8.2B |
负债/权益比NXPISWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 1.09× | 0.09× | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 0.99× | 0.09× | ||
| Q1 25 | 1.10× | 0.17× | ||
| Q4 24 | 1.13× | 0.16× | ||
| Q3 24 | 1.03× | 0.16× | ||
| Q2 24 | 1.07× | 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 | $891.0M | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $793.0M | $339.0M |
| 自由现金流率自由现金流/营收 | 23.8% | 32.7% |
| 资本支出强度资本支出/营收 | 2.9% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.96× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $2.4B | $1.1B |
8季度趋势，按日历期对齐
经营现金流NXPISWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $891.0M | $200.0M | ||
| Q3 25 | $585.0M | — | ||
| Q2 25 | $779.0M | $314.2M | ||
| Q1 25 | $565.0M | $409.4M | ||
| Q4 24 | $391.0M | $377.2M | ||
| Q3 24 | $779.0M | $476.1M | ||
| Q2 24 | $761.0M | $273.4M |
自由现金流NXPISWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $793.0M | $144.0M | ||
| Q3 25 | $508.0M | — | ||
| Q2 25 | $696.0M | $252.7M | ||
| Q1 25 | $426.0M | $370.9M | ||
| Q4 24 | $261.0M | $338.2M | ||
| Q3 24 | $593.0M | $393.3M | ||
| Q2 24 | $576.0M | $249.0M |
自由现金流率NXPISWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 23.8% | 13.1% | ||
| Q3 25 | 16.0% | — | ||
| Q2 25 | 23.8% | 26.2% | ||
| Q1 25 | 15.0% | 38.9% | ||
| Q4 24 | 8.4% | 31.7% | ||
| Q3 24 | 18.2% | 38.4% | ||
| Q2 24 | 18.4% | 27.5% |
资本支出强度NXPISWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.9% | 5.1% | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 2.8% | 6.4% | ||
| Q1 25 | 4.9% | 4.0% | ||
| Q4 24 | 4.2% | 3.6% | ||
| Q3 24 | 5.7% | 8.1% | ||
| Q2 24 | 5.9% | 2.7% |
现金转化率NXPISWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 1.96× | 1.41× | ||
| Q3 25 | 0.93× | — | ||
| Q2 25 | 1.75× | 2.99× | ||
| Q1 25 | 1.15× | 5.96× | ||
| Q4 24 | 0.79× | 2.33× | ||
| Q3 24 | 1.08× | 7.87× | ||
| Q2 24 | 1.16× | 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
NXPI
| Distributors | $2.0B | 61% |
| Other | $1.3B | 38% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
