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Qorvo, Inc.（QRVO）与Ultra Clean Holdings, Inc.（UCTT）财务数据对比。点击上方公司名可切换其他公司
Qorvo, Inc.的季度营收约是Ultra Clean Holdings, Inc.的1.9倍（$993.0M vs $533.7M），Qorvo, Inc.净利率更高（16.5% vs -2.8%，领先19.3%），Qorvo, Inc.同比增速更快（8.4% vs 2.9%），过去两年Qorvo, Inc.的营收复合增速更高（2.7% vs 1.7%）
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。
Ultra Clean Holdings是面向半导体、先进显示及生命科学领域的全球供应商，核心业务涵盖关键子系统制造、超高纯清洗服务及精密工艺组件供应，业务覆盖北美、亚洲、欧洲，服务头部晶圆厂及高科技设备制造商。
QRVO vs UCTT — 直观对比
营收规模更大
QRVO
是对方的1.9倍
$533.7M
营收增速更快
QRVO
高出5.5%
2.9%
净利率更高
QRVO
高出19.3%
-2.8%
两年增速更快
QRVO
近两年复合增速
1.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $993.0M | $533.7M |
| 净利润 | $164.1M | $-15.0M |
| 毛利率 | 46.7% | 12.2% |
| 营业利润率 | 19.4% | 2.1% |
| 净利率 | 16.5% | -2.8% |
| 营收同比 | 8.4% | 2.9% |
| 净利润同比 | 297.5% | -500.0% |
| 每股收益（稀释后） | $1.75 | $-0.40 |
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QRVOUCTT
| Q1 26 | — | $533.7M | ||
| Q4 25 | $993.0M | $506.6M | ||
| Q3 25 | $1.1B | $510.0M | ||
| Q2 25 | $818.8M | $518.8M | ||
| Q1 25 | $869.5M | $518.6M | ||
| Q4 24 | $916.3M | $563.4M | ||
| Q3 24 | $1.0B | $540.4M | ||
| Q2 24 | $886.7M | $516.1M |
净利润QRVOUCTT
| Q1 26 | — | $-15.0M | ||
| Q4 25 | $164.1M | $-3.3M | ||
| Q3 25 | $119.6M | $-10.9M | ||
| Q2 25 | $25.6M | $-162.0M | ||
| Q1 25 | $31.4M | $-5.0M | ||
| Q4 24 | $41.3M | $16.3M | ||
| Q3 24 | $-17.4M | $-2.3M | ||
| Q2 24 | $414.0K | $19.1M |
毛利率QRVOUCTT
| Q1 26 | — | 12.2% | ||
| Q4 25 | 46.7% | 15.2% | ||
| Q3 25 | 47.0% | 16.1% | ||
| Q2 25 | 40.5% | 15.3% | ||
| Q1 25 | 42.2% | 16.2% | ||
| Q4 24 | 42.7% | 16.3% | ||
| Q3 24 | 42.6% | 17.3% | ||
| Q2 24 | 37.5% | 17.1% |
营业利润率QRVOUCTT
| Q1 26 | — | 2.1% | ||
| Q4 25 | 19.4% | 2.2% | ||
| Q3 25 | 14.9% | 2.1% | ||
| Q2 25 | 3.7% | -27.3% | ||
| Q1 25 | 3.2% | 2.5% | ||
| Q4 24 | 5.8% | 4.6% | ||
| Q3 24 | 0.9% | 4.7% | ||
| Q2 24 | 0.5% | 4.4% |
净利率QRVOUCTT
| Q1 26 | — | -2.8% | ||
| Q4 25 | 16.5% | -0.7% | ||
| Q3 25 | 11.3% | -2.1% | ||
| Q2 25 | 3.1% | -31.2% | ||
| Q1 25 | 3.6% | -1.0% | ||
| Q4 24 | 4.5% | 2.9% | ||
| Q3 24 | -1.7% | -0.4% | ||
| Q2 24 | 0.0% | 3.7% |
每股收益（稀释后）QRVOUCTT
| Q1 26 | — | $-0.40 | ||
| Q4 25 | $1.75 | $-0.07 | ||
| Q3 25 | $1.28 | $-0.24 | ||
| Q2 25 | $0.27 | $-3.58 | ||
| Q1 25 | $0.33 | $-0.11 | ||
| Q4 24 | $0.43 | $0.36 | ||
| Q3 24 | $-0.18 | $-0.05 | ||
| Q2 24 | $0.00 | $0.42 |
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 | $323.5M |
| 总债务越低越好 | $1.5B | $601.9M |
| 股东权益账面价值 | $3.7B | $702.1M |
| 总资产 | $6.2B | $1.9B |
| 负债/权益比越低杠杆越低 | 0.42× | 0.86× |
8季度趋势，按日历期对齐
现金及短期投资QRVOUCTT
| Q1 26 | — | $323.5M | ||
| Q4 25 | $1.3B | $311.8M | ||
| Q3 25 | $1.1B | $314.1M | ||
| Q2 25 | $1.2B | $327.4M | ||
| Q1 25 | $1.0B | $317.6M | ||
| Q4 24 | $769.4M | $313.9M | ||
| Q3 24 | $1.1B | $318.2M | ||
| Q2 24 | $1.1B | $319.5M |
总债务QRVOUCTT
| Q1 26 | — | $601.9M | ||
| Q4 25 | $1.5B | $481.4M | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $499.7M | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — |
股东权益QRVOUCTT
| Q1 26 | — | $702.1M | ||
| Q4 25 | $3.7B | $711.0M | ||
| Q3 25 | $3.5B | $709.9M | ||
| Q2 25 | $3.4B | $719.4M | ||
| Q1 25 | $3.4B | $872.0M | ||
| Q4 24 | $3.4B | $873.6M | ||
| Q3 24 | $3.4B | $857.9M | ||
| Q2 24 | $3.5B | $852.3M |
总资产QRVOUCTT
| Q1 26 | — | $1.9B | ||
| Q4 25 | $6.2B | $1.7B | ||
| Q3 25 | $6.1B | $1.7B | ||
| Q2 25 | $6.0B | $1.7B | ||
| Q1 25 | $5.9B | $1.9B | ||
| Q4 24 | $6.0B | $1.9B | ||
| Q3 24 | $6.5B | $1.9B | ||
| Q2 24 | $6.4B | $1.9B |
负债/权益比QRVOUCTT
| Q1 26 | — | 0.86× | ||
| Q4 25 | 0.42× | 0.68× | ||
| Q3 25 | 0.44× | — | ||
| Q2 25 | 0.45× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 0.46× | 0.57× | ||
| Q3 24 | 0.45× | — | ||
| Q2 24 | 0.44× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $236.9M | — |
| 自由现金流率自由现金流/营收 | 23.9% | — |
| 资本支出强度资本支出/营收 | 2.9% | — |
| 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季度趋势，按日历期对齐
经营现金流QRVOUCTT
| Q1 26 | — | — | ||
| Q4 25 | $265.4M | $8.1M | ||
| Q3 25 | $84.0M | $100.0K | ||
| Q2 25 | $182.9M | $29.2M | ||
| Q1 25 | $199.2M | $28.2M | ||
| Q4 24 | $214.1M | $17.1M | ||
| Q3 24 | $127.8M | $14.9M | ||
| Q2 24 | $81.1M | $23.2M |
自由现金流QRVOUCTT
| Q1 26 | — | — | ||
| Q4 25 | $236.9M | $-2.0M | ||
| Q3 25 | $42.2M | $-10.9M | ||
| Q2 25 | $145.4M | $12.4M | ||
| Q1 25 | $170.7M | $15.8M | ||
| Q4 24 | $176.2M | $-200.0K | ||
| Q3 24 | $94.8M | $-300.0K | ||
| Q2 24 | $42.9M | $10.2M |
自由现金流率QRVOUCTT
| Q1 26 | — | — | ||
| Q4 25 | 23.9% | -0.4% | ||
| Q3 25 | 4.0% | -2.1% | ||
| Q2 25 | 17.8% | 2.4% | ||
| Q1 25 | 19.6% | 3.0% | ||
| Q4 24 | 19.2% | -0.0% | ||
| Q3 24 | 9.1% | -0.1% | ||
| Q2 24 | 4.8% | 2.0% |
资本支出强度QRVOUCTT
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 2.0% | ||
| Q3 25 | 3.9% | 2.2% | ||
| Q2 25 | 4.6% | 3.2% | ||
| Q1 25 | 3.3% | 2.4% | ||
| Q4 24 | 4.1% | 3.1% | ||
| Q3 24 | 3.2% | 2.8% | ||
| Q2 24 | 4.3% | 2.5% |
现金转化率QRVOUCTT
| Q1 26 | — | — | ||
| Q4 25 | 1.62× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 7.15× | — | ||
| Q1 25 | 6.35× | — | ||
| Q4 24 | 5.19× | 1.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | 195.86× | 1.21× |
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% |
UCTT
| Products | $465.7M | 87% |
| Services | $68.0M | 13% |
