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SAIA INC（SAIA）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
思佳讯的季度营收约是SAIA INC的1.3倍（$1.0B vs $790.0M），思佳讯净利率更高（7.6% vs 6.0%，领先1.6%），思佳讯同比增速更快（8.6% vs 0.1%），思佳讯自由现金流更多（$339.0M vs $37.5M），过去两年SAIA INC的营收复合增速更高（2.3% vs -0.5%）
Saia是美国知名零担货运企业，1924年创立于路易斯安那州霍马。成立最初五十年仅在路易斯安那州和得克萨斯州运营，1980年后逐步向美国南部多州扩张，后续通过同业并购将服务覆盖至36个州，目前位列美国零担承运商前十，年营收超18亿美元。
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。
SAIA vs SWKS — 直观对比
营收规模更大
SWKS
是对方的1.3倍
$790.0M
营收增速更快
SWKS
高出8.5%
0.1%
净利率更高
SWKS
高出1.6%
6.0%
自由现金流更多
SWKS
多$301.5M
$37.5M
两年增速更快
SAIA
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $790.0M | $1.0B |
| 净利润 | $47.5M | $79.2M |
| 毛利率 | — | 41.3% |
| 营业利润率 | 8.1% | 10.0% |
| 净利率 | 6.0% | 7.6% |
| 营收同比 | 0.1% | 8.6% |
| 净利润同比 | -37.6% | 15.3% |
| 每股收益（稀释后） | $1.77 | $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SAIASWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $790.0M | $1.1B | ||
| Q3 25 | $839.6M | — | ||
| Q2 25 | $817.1M | $965.0M | ||
| Q1 25 | $787.6M | $953.2M | ||
| Q4 24 | $789.0M | $1.1B | ||
| Q3 24 | $842.1M | $1.0B | ||
| Q2 24 | $823.2M | $905.5M |
净利润SAIASWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $47.5M | $141.4M | ||
| Q3 25 | $86.3M | — | ||
| Q2 25 | $71.4M | $105.0M | ||
| Q1 25 | $49.8M | $68.7M | ||
| Q4 24 | $76.1M | $162.0M | ||
| Q3 24 | $92.7M | $60.5M | ||
| Q2 24 | $102.5M | $120.9M |
毛利率SAIASWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 41.6% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 41.9% | ||
| Q2 24 | — | 40.2% |
营业利润率SAIASWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 8.1% | 10.1% | ||
| Q3 25 | 14.1% | — | ||
| Q2 25 | 12.2% | 11.5% | ||
| Q1 25 | 8.9% | 10.2% | ||
| Q4 24 | 12.9% | 16.9% | ||
| Q3 24 | 14.9% | 5.8% | ||
| Q2 24 | 16.7% | 14.4% |
净利率SAIASWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 6.0% | 12.9% | ||
| Q3 25 | 10.3% | — | ||
| Q2 25 | 8.7% | 10.9% | ||
| Q1 25 | 6.3% | 7.2% | ||
| Q4 24 | 9.6% | 15.2% | ||
| Q3 24 | 11.0% | 5.9% | ||
| Q2 24 | 12.5% | 13.4% |
每股收益（稀释后）SAIASWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $1.77 | $0.95 | ||
| Q3 25 | $3.22 | — | ||
| Q2 25 | $2.67 | $0.70 | ||
| Q1 25 | $1.86 | $0.43 | ||
| Q4 24 | $2.84 | $1.00 | ||
| Q3 24 | $3.46 | $0.36 | ||
| Q2 24 | $3.83 | $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 | $19.7M | $1.6B |
| 总债务越低越好 | $163.0M | $496.6M |
| 股东权益账面价值 | $2.6B | $5.8B |
| 总资产 | $3.5B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.06× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资SAIASWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $19.7M | $1.4B | ||
| Q3 25 | $35.5M | — | ||
| Q2 25 | $18.8M | $1.3B | ||
| Q1 25 | $16.5M | $1.5B | ||
| Q4 24 | $19.5M | $1.7B | ||
| Q3 24 | $14.4M | $1.6B | ||
| Q2 24 | $11.2M | $1.3B |
总债务SAIASWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $163.0M | $496.4M | ||
| Q3 25 | $218.0M | — | ||
| Q2 25 | $307.1M | $496.2M | ||
| Q1 25 | $291.8M | $995.1M | ||
| Q4 24 | $195.0M | $994.7M | ||
| Q3 24 | $184.2M | $994.3M | ||
| Q2 24 | $169.1M | $994.0M |
股东权益SAIASWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $2.6B | $5.8B | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.4B | $5.7B | ||
| Q1 25 | $2.4B | $5.9B | ||
| Q4 24 | $2.3B | $6.4B | ||
| Q3 24 | $2.2B | $6.3B | ||
| Q2 24 | $2.1B | $6.3B |
总资产SAIASWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $3.5B | $7.9B | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.5B | $7.7B | ||
| Q1 25 | $3.4B | $7.9B | ||
| Q4 24 | $3.2B | $8.3B | ||
| Q3 24 | $3.1B | $8.3B | ||
| Q2 24 | $3.0B | $8.2B |
负债/权益比SAIASWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.06× | 0.09× | ||
| Q3 25 | 0.09× | — | ||
| Q2 25 | 0.13× | 0.09× | ||
| Q1 25 | 0.12× | 0.17× | ||
| Q4 24 | 0.08× | 0.16× | ||
| Q3 24 | 0.08× | 0.16× | ||
| Q2 24 | 0.08× | 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 | $137.3M | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $37.5M | $339.0M |
| 自由现金流率自由现金流/营收 | 4.7% | 32.7% |
| 资本支出强度资本支出/营收 | 12.6% | 5.5% |
| 现金转化率经营现金流/净利润 | 2.89× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $27.3M | $1.1B |
8季度趋势，按日历期对齐
经营现金流SAIASWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $137.3M | $200.0M | ||
| Q3 25 | $177.8M | — | ||
| Q2 25 | $170.7M | $314.2M | ||
| Q1 25 | $109.1M | $409.4M | ||
| Q4 24 | $164.7M | $377.2M | ||
| Q3 24 | $181.7M | $476.1M | ||
| Q2 24 | $130.8M | $273.4M |
自由现金流SAIASWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $37.5M | $144.0M | ||
| Q3 25 | $87.6M | — | ||
| Q2 25 | $-3.9M | $252.7M | ||
| Q1 25 | $-93.8M | $370.9M | ||
| Q4 24 | $-3.5M | $338.2M | ||
| Q3 24 | $-11.7M | $393.3M | ||
| Q2 24 | $-94.0M | $249.0M |
自由现金流率SAIASWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 4.7% | 13.1% | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | -0.5% | 26.2% | ||
| Q1 25 | -11.9% | 38.9% | ||
| Q4 24 | -0.4% | 31.7% | ||
| Q3 24 | -1.4% | 38.4% | ||
| Q2 24 | -11.4% | 27.5% |
资本支出强度SAIASWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 12.6% | 5.1% | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 21.4% | 6.4% | ||
| Q1 25 | 25.8% | 4.0% | ||
| Q4 24 | 21.3% | 3.6% | ||
| Q3 24 | 23.0% | 8.1% | ||
| Q2 24 | 27.3% | 2.7% |
现金转化率SAIASWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 2.89× | 1.41× | ||
| Q3 25 | 2.06× | — | ||
| Q2 25 | 2.39× | 2.99× | ||
| Q1 25 | 2.19× | 5.96× | ||
| Q4 24 | 2.16× | 2.33× | ||
| Q3 24 | 1.96× | 7.87× | ||
| Q2 24 | 1.28× | 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
SAIA
暂无分部数据
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
