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Qorvo, Inc.（QRVO）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Qorvo, Inc.的1.5倍（$1.5B vs $993.0M），Qorvo, Inc.净利率更高（16.5% vs -3.1%，领先19.7%），Qorvo, Inc.同比增速更快（8.4% vs -11.9%），Qorvo, Inc.自由现金流更多（$236.9M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 2.7%）
Qorvo是一家美国跨国企业，专注于无线、有线及电源市场相关产品的研发与供应。该公司由TriQuint半导体与RF Micro Devices合并而来，合并计划于2014年公布，2015年1月1日正式完成，在纳斯达克挂牌上市，股票代码QRVO，原实行双总部制，2016年中起将北卡罗来纳州基地作为总部所在地。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
QRVO vs RXO — 直观对比
营收规模更大
RXO
是对方的1.5倍
$993.0M
营收增速更快
QRVO
高出20.2%
-11.9%
净利率更高
QRVO
高出19.7%
-3.1%
自由现金流更多
QRVO
多$245.9M
$-9.0M
两年增速更快
RXO
近两年复合增速
2.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $993.0M | $1.5B |
| 净利润 | $164.1M | $-46.0M |
| 毛利率 | 46.7% | — |
| 营业利润率 | 19.4% | -2.9% |
| 净利率 | 16.5% | -3.1% |
| 营收同比 | 8.4% | -11.9% |
| 净利润同比 | 297.5% | -84.0% |
| 每股收益（稀释后） | $1.75 | $-0.28 |
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QRVORXO
| Q4 25 | $993.0M | $1.5B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $818.8M | $1.4B | ||
| Q1 25 | $869.5M | $1.4B | ||
| Q4 24 | $916.3M | $1.7B | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $886.7M | $930.0M | ||
| Q1 24 | $941.0M | $913.0M |
净利润QRVORXO
| Q4 25 | $164.1M | $-46.0M | ||
| Q3 25 | $119.6M | $-14.0M | ||
| Q2 25 | $25.6M | $-9.0M | ||
| Q1 25 | $31.4M | $-31.0M | ||
| Q4 24 | $41.3M | $-25.0M | ||
| Q3 24 | $-17.4M | $-243.0M | ||
| Q2 24 | $414.0K | $-7.0M | ||
| Q1 24 | $2.7M | $-15.0M |
毛利率QRVORXO
| Q4 25 | 46.7% | — | ||
| Q3 25 | 47.0% | — | ||
| Q2 25 | 40.5% | — | ||
| Q1 25 | 42.2% | — | ||
| Q4 24 | 42.7% | — | ||
| Q3 24 | 42.6% | — | ||
| Q2 24 | 37.5% | — | ||
| Q1 24 | 40.6% | — |
营业利润率QRVORXO
| Q4 25 | 19.4% | -2.9% | ||
| Q3 25 | 14.9% | -0.5% | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 3.2% | -2.1% | ||
| Q4 24 | 5.8% | -1.4% | ||
| Q3 24 | 0.9% | -1.9% | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 3.2% | -1.3% |
净利率QRVORXO
| Q4 25 | 16.5% | -3.1% | ||
| Q3 25 | 11.3% | -1.0% | ||
| Q2 25 | 3.1% | -0.6% | ||
| Q1 25 | 3.6% | -2.2% | ||
| Q4 24 | 4.5% | -1.5% | ||
| Q3 24 | -1.7% | -23.4% | ||
| Q2 24 | 0.0% | -0.8% | ||
| Q1 24 | 0.3% | -1.6% |
每股收益（稀释后）QRVORXO
| Q4 25 | $1.75 | $-0.28 | ||
| Q3 25 | $1.28 | $-0.08 | ||
| Q2 25 | $0.27 | $-0.05 | ||
| Q1 25 | $0.33 | $-0.18 | ||
| Q4 24 | $0.43 | $-0.17 | ||
| Q3 24 | $-0.18 | $-1.81 | ||
| Q2 24 | $0.00 | $-0.06 | ||
| Q1 24 | $0.04 | $-0.13 |
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 | $1.3B | $17.0M |
| 总债务越低越好 | $1.5B | $387.0M |
| 股东权益账面价值 | $3.7B | $1.5B |
| 总资产 | $6.2B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.42× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资QRVORXO
| Q4 25 | $1.3B | $17.0M | ||
| Q3 25 | $1.1B | $25.0M | ||
| Q2 25 | $1.2B | $18.0M | ||
| Q1 25 | $1.0B | $16.0M | ||
| Q4 24 | $769.4M | $35.0M | ||
| Q3 24 | $1.1B | $55.0M | ||
| Q2 24 | $1.1B | $7.0M | ||
| Q1 24 | $1.0B | $7.0M |
总债务QRVORXO
| Q4 25 | $1.5B | $387.0M | ||
| Q3 25 | $1.5B | $387.0M | ||
| Q2 25 | $1.5B | $387.0M | ||
| Q1 25 | $1.5B | $387.0M | ||
| Q4 24 | $1.5B | $351.0M | ||
| Q3 24 | $1.5B | $352.0M | ||
| Q2 24 | $1.5B | $370.0M | ||
| Q1 24 | $1.5B | $351.0M |
股东权益QRVORXO
| Q4 25 | $3.7B | $1.5B | ||
| Q3 25 | $3.5B | $1.6B | ||
| Q2 25 | $3.4B | $1.6B | ||
| Q1 25 | $3.4B | $1.6B | ||
| Q4 24 | $3.4B | $1.6B | ||
| Q3 24 | $3.4B | $1.7B | ||
| Q2 24 | $3.5B | $579.0M | ||
| Q1 24 | $3.6B | $582.0M |
总资产QRVORXO
| Q4 25 | $6.2B | $3.3B | ||
| Q3 25 | $6.1B | $3.2B | ||
| Q2 25 | $6.0B | $3.2B | ||
| Q1 25 | $5.9B | $3.3B | ||
| Q4 24 | $6.0B | $3.4B | ||
| Q3 24 | $6.5B | $3.4B | ||
| Q2 24 | $6.4B | $1.8B | ||
| Q1 24 | $6.6B | $1.8B |
负债/权益比QRVORXO
| Q4 25 | 0.42× | 0.25× | ||
| Q3 25 | 0.44× | 0.24× | ||
| Q2 25 | 0.45× | 0.24× | ||
| Q1 25 | 0.46× | 0.24× | ||
| Q4 24 | 0.46× | 0.22× | ||
| Q3 24 | 0.45× | 0.21× | ||
| Q2 24 | 0.44× | 0.64× | ||
| Q1 24 | 0.44× | 0.60× |
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 | $265.4M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $236.9M | $-9.0M |
| 自由现金流率自由现金流/营收 | 23.9% | -0.6% |
| 资本支出强度资本支出/营收 | 2.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.62× | — |
| 过去12个月自由现金流最近4个季度 | $595.2M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流QRVORXO
| Q4 25 | $265.4M | $7.0M | ||
| Q3 25 | $84.0M | $23.0M | ||
| Q2 25 | $182.9M | $23.0M | ||
| Q1 25 | $199.2M | $-2.0M | ||
| Q4 24 | $214.1M | $-7.0M | ||
| Q3 24 | $127.8M | $-7.0M | ||
| Q2 24 | $81.1M | $-5.0M | ||
| Q1 24 | — | $7.0M |
自由现金流QRVORXO
| Q4 25 | $236.9M | $-9.0M | ||
| Q3 25 | $42.2M | $9.0M | ||
| Q2 25 | $145.4M | $9.0M | ||
| Q1 25 | $170.7M | $-17.0M | ||
| Q4 24 | $176.2M | $-19.0M | ||
| Q3 24 | $94.8M | $-18.0M | ||
| Q2 24 | $42.9M | $-16.0M | ||
| Q1 24 | — | $-4.0M |
自由现金流率QRVORXO
| Q4 25 | 23.9% | -0.6% | ||
| Q3 25 | 4.0% | 0.6% | ||
| Q2 25 | 17.8% | 0.6% | ||
| Q1 25 | 19.6% | -1.2% | ||
| Q4 24 | 19.2% | -1.1% | ||
| Q3 24 | 9.1% | -1.7% | ||
| Q2 24 | 4.8% | -1.7% | ||
| Q1 24 | — | -0.4% |
资本支出强度QRVORXO
| Q4 25 | 2.9% | 1.1% | ||
| Q3 25 | 3.9% | 1.0% | ||
| Q2 25 | 4.6% | 1.0% | ||
| Q1 25 | 3.3% | 1.0% | ||
| Q4 24 | 4.1% | 0.7% | ||
| Q3 24 | 3.2% | 1.1% | ||
| Q2 24 | 4.3% | 1.2% | ||
| Q1 24 | — | 1.2% |
现金转化率QRVORXO
| Q4 25 | 1.62× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 7.15× | — | ||
| Q1 25 | 6.35× | — | ||
| Q4 24 | 5.19× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 195.86× | — | ||
| Q1 24 | — | — |
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
QRVO
| ACG | $690.8M | 70% |
| HPA | $190.9M | 19% |
| CSG | $111.3M | 11% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
