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POWER INTEGRATIONS INC（POWI）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是POWER INTEGRATIONS INC的1.1倍（$117.7M vs $103.2M），POWER INTEGRATIONS INC净利率更高（12.9% vs -10.8%，领先23.6%），POWER INTEGRATIONS INC同比增速更快（-1.9% vs -19.2%），POWER INTEGRATIONS INC自由现金流更多（$19.2M vs $15.6M），过去两年POWER INTEGRATIONS INC的营收复合增速更高（6.1% vs -11.8%）
Power Integrations Inc.是美国头部电力公用事业企业，业务覆盖美国本土11个州，服务超500万用户，在全美电力供应领域拥有领先的市场地位与成熟的运营体系。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
POWI vs RGP — 直观对比
营收规模更大
RGP
是对方的1.1倍
$103.2M
营收增速更快
POWI
高出17.2%
-19.2%
净利率更高
POWI
高出23.6%
-10.8%
自由现金流更多
POWI
多$3.6M
$15.6M
两年增速更快
POWI
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $103.2M | $117.7M |
| 净利润 | $13.3M | $-12.7M |
| 毛利率 | 52.9% | 37.1% |
| 营业利润率 | 8.5% | -10.3% |
| 净利率 | 12.9% | -10.8% |
| 营收同比 | -1.9% | -19.2% |
| 净利润同比 | 45.4% | 81.6% |
| 每股收益（稀释后） | $0.24 | $-0.38 |
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POWIRGP
| Q4 25 | $103.2M | $117.7M | ||
| Q3 25 | $118.9M | $120.2M | ||
| Q2 25 | $115.9M | $139.3M | ||
| Q1 25 | $105.5M | $129.4M | ||
| Q4 24 | $105.3M | $145.6M | ||
| Q3 24 | $115.8M | $136.9M | ||
| Q2 24 | $106.2M | $148.2M | ||
| Q1 24 | $91.7M | $151.3M |
净利润POWIRGP
| Q4 25 | $13.3M | $-12.7M | ||
| Q3 25 | $-1.4M | $-2.4M | ||
| Q2 25 | $1.4M | $-73.3M | ||
| Q1 25 | $8.8M | $-44.1M | ||
| Q4 24 | $9.1M | $-68.7M | ||
| Q3 24 | $14.3M | $-5.7M | ||
| Q2 24 | $4.8M | $10.5M | ||
| Q1 24 | $4.0M | $2.5M |
毛利率POWIRGP
| Q4 25 | 52.9% | 37.1% | ||
| Q3 25 | 54.5% | 39.5% | ||
| Q2 25 | 55.2% | 40.2% | ||
| Q1 25 | 55.2% | 35.1% | ||
| Q4 24 | 54.4% | 38.5% | ||
| Q3 24 | 54.5% | 36.5% | ||
| Q2 24 | 53.2% | 40.2% | ||
| Q1 24 | 52.1% | 37.0% |
营业利润率POWIRGP
| Q4 25 | 8.5% | -10.3% | ||
| Q3 25 | -3.3% | -1.7% | ||
| Q2 25 | -1.2% | -47.0% | ||
| Q1 25 | 6.4% | -38.4% | ||
| Q4 24 | 3.7% | -52.7% | ||
| Q3 24 | 10.0% | -3.5% | ||
| Q2 24 | 1.8% | 7.6% | ||
| Q1 24 | 0.5% | 2.8% |
净利率POWIRGP
| Q4 25 | 12.9% | -10.8% | ||
| Q3 25 | -1.1% | -2.0% | ||
| Q2 25 | 1.2% | -52.6% | ||
| Q1 25 | 8.3% | -34.0% | ||
| Q4 24 | 8.7% | -47.2% | ||
| Q3 24 | 12.3% | -4.2% | ||
| Q2 24 | 4.6% | 7.1% | ||
| Q1 24 | 4.3% | 1.7% |
每股收益（稀释后）POWIRGP
| Q4 25 | $0.24 | $-0.38 | ||
| Q3 25 | $-0.02 | $-0.07 | ||
| Q2 25 | $0.02 | $-2.21 | ||
| Q1 25 | $0.15 | $-1.34 | ||
| Q4 24 | $0.15 | $-2.08 | ||
| Q3 24 | $0.25 | $-0.17 | ||
| Q2 24 | $0.09 | $0.31 | ||
| Q1 24 | $0.07 | $0.08 |
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 | $249.5M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $672.8M | $194.6M |
| 总资产 | $772.2M | $289.3M |
| 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POWIRGP
| Q4 25 | $249.5M | $89.8M | ||
| Q3 25 | $241.9M | $77.5M | ||
| Q2 25 | $268.7M | $86.1M | ||
| Q1 25 | $289.3M | $72.5M | ||
| Q4 24 | $300.0M | $78.2M | ||
| Q3 24 | $303.8M | $89.6M | ||
| Q2 24 | $290.5M | $108.9M | ||
| Q1 24 | $299.6M | $113.8M |
股东权益POWIRGP
| Q4 25 | $672.8M | $194.6M | ||
| Q3 25 | $672.0M | $206.4M | ||
| Q2 25 | $703.8M | $207.1M | ||
| Q1 25 | $735.8M | $277.8M | ||
| Q4 24 | $749.8M | $325.7M | ||
| Q3 24 | $749.2M | $407.2M | ||
| Q2 24 | $730.7M | $418.8M | ||
| Q1 24 | $738.2M | $414.9M |
总资产POWIRGP
| Q4 25 | $772.2M | $289.3M | ||
| Q3 25 | $772.5M | $287.2M | ||
| Q2 25 | $797.5M | $304.7M | ||
| Q1 25 | $814.4M | $375.6M | ||
| Q4 24 | $828.8M | $424.9M | ||
| Q3 24 | $825.0M | $512.9M | ||
| Q2 24 | $804.8M | $510.9M | ||
| Q1 24 | $805.8M | $523.2M |
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 | $26.2M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $19.2M | $15.6M |
| 自由现金流率自由现金流/营收 | 18.6% | 13.2% |
| 资本支出强度资本支出/营收 | 6.8% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.97× | — |
| 过去12个月自由现金流最近4个季度 | $87.1M | $24.3M |
8季度趋势，按日历期对齐
经营现金流POWIRGP
| Q4 25 | $26.2M | $15.9M | ||
| Q3 25 | $29.9M | $-7.8M | ||
| Q2 25 | $29.1M | $16.8M | ||
| Q1 25 | $26.4M | $659.0K | ||
| Q4 24 | $14.7M | $1.8M | ||
| Q3 24 | $32.9M | $-309.0K | ||
| Q2 24 | $17.6M | $3.2M | ||
| Q1 24 | $15.9M | $20.5M |
自由现金流POWIRGP
| Q4 25 | $19.2M | $15.6M | ||
| Q3 25 | $24.2M | $-8.0M | ||
| Q2 25 | $23.1M | $16.5M | ||
| Q1 25 | $20.7M | $238.0K | ||
| Q4 24 | $11.7M | $61.0K | ||
| Q3 24 | $27.2M | $-575.0K | ||
| Q2 24 | $13.5M | $3.0M | ||
| Q1 24 | $11.6M | $20.4M |
自由现金流率POWIRGP
| Q4 25 | 18.6% | 13.2% | ||
| Q3 25 | 20.3% | -6.6% | ||
| Q2 25 | 20.0% | 11.8% | ||
| Q1 25 | 19.6% | 0.2% | ||
| Q4 24 | 11.1% | 0.0% | ||
| Q3 24 | 23.5% | -0.4% | ||
| Q2 24 | 12.7% | 2.1% | ||
| Q1 24 | 12.6% | 13.5% |
资本支出强度POWIRGP
| Q4 25 | 6.8% | 0.3% | ||
| Q3 25 | 4.8% | 0.1% | ||
| Q2 25 | 5.1% | 0.2% | ||
| Q1 25 | 5.4% | 0.3% | ||
| Q4 24 | 2.9% | 1.2% | ||
| Q3 24 | 4.9% | 0.2% | ||
| Q2 24 | 3.9% | 0.1% | ||
| Q1 24 | 4.7% | 0.1% |
现金转化率POWIRGP
| Q4 25 | 1.97× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 21.24× | — | ||
| Q1 25 | 3.00× | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | 2.30× | — | ||
| Q2 24 | 3.64× | 0.30× | ||
| Q1 24 | 4.02× | 8.04× |
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
POWI
| Distributors | $65.8M | 64% |
| Other | $10.3M | 10% |
| KR | $9.3M | 9% |
| DE | $7.1M | 7% |
| TW | $5.5M | 5% |
| Emea Other Than Germany | $5.3M | 5% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
