vs
null（SWIM）与沃夫斯沛（WOLF）财务数据对比。点击上方公司名可切换其他公司
沃夫斯沛的季度营收约是null的1.4倍（$168.5M vs $117.3M），null净利率更高（-7.3% vs -89.4%，领先82.1%），null同比增速更快（5.3% vs -6.6%），过去两年沃夫斯沛的营收复合增速更高（-8.4% vs -14.4%）
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
Wolfspeed, Inc.（原Cree, Inc.）是一家美国宽禁带半导体研发制造商，核心业务聚焦碳化硅材料与功率器件，产品主要应用于交通、电源、功率逆变器以及无线系统等领域，是碳化硅功率半导体领域的领先企业。
SWIM vs WOLF — 直观对比
营收规模更大
WOLF
是对方的1.4倍
$117.3M
营收增速更快
SWIM
高出11.9%
-6.6%
净利率更高
SWIM
高出82.1%
-89.4%
两年增速更快
WOLF
近两年复合增速
-14.4%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $117.3M | $168.5M |
| 净利润 | $-8.5M | $-150.6M |
| 毛利率 | 31.7% | -46.5% |
| 营业利润率 | — | -94.0% |
| 净利率 | -7.3% | -89.4% |
| 营收同比 | 5.3% | -6.6% |
| 净利润同比 | -43.1% | 59.5% |
| 每股收益（稀释后） | $-0.07 | $-5.78 |
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SWIMWOLF
| Q1 26 | $117.3M | — | ||
| Q4 25 | $100.0M | $168.5M | ||
| Q3 25 | $161.9M | $196.8M | ||
| Q2 25 | $172.6M | $197.0M | ||
| Q1 25 | $111.4M | $185.4M | ||
| Q4 24 | $87.3M | $180.5M | ||
| Q3 24 | $150.5M | $194.7M | ||
| Q2 24 | $160.1M | $200.7M |
净利润SWIMWOLF
| Q1 26 | $-8.5M | — | ||
| Q4 25 | $-7.0M | $-150.6M | ||
| Q3 25 | $8.1M | $-643.6M | ||
| Q2 25 | $16.0M | $-669.3M | ||
| Q1 25 | $-6.0M | $-285.5M | ||
| Q4 24 | $-29.2M | $-372.2M | ||
| Q3 24 | $5.9M | $-282.2M | ||
| Q2 24 | $13.3M | $-174.9M |
毛利率SWIMWOLF
| Q1 26 | 31.7% | — | ||
| Q4 25 | 28.0% | -46.5% | ||
| Q3 25 | 35.4% | -39.2% | ||
| Q2 25 | 37.1% | -13.0% | ||
| Q1 25 | 29.5% | -12.1% | ||
| Q4 24 | 24.6% | -20.6% | ||
| Q3 24 | 32.4% | -18.6% | ||
| Q2 24 | 33.1% | 1.2% |
营业利润率SWIMWOLF
| Q1 26 | — | — | ||
| Q4 25 | -10.7% | -94.0% | ||
| Q3 25 | 13.3% | -82.0% | ||
| Q2 25 | 14.3% | -295.2% | ||
| Q1 25 | -4.4% | -104.9% | ||
| Q4 24 | -14.9% | -178.9% | ||
| Q3 24 | 8.9% | -118.2% | ||
| Q2 24 | 12.5% | -72.7% |
净利率SWIMWOLF
| Q1 26 | -7.3% | — | ||
| Q4 25 | -7.0% | -89.4% | ||
| Q3 25 | 5.0% | -327.0% | ||
| Q2 25 | 9.3% | -339.7% | ||
| Q1 25 | -5.4% | -154.0% | ||
| Q4 24 | -33.4% | -206.2% | ||
| Q3 24 | 3.9% | -144.9% | ||
| Q2 24 | 8.3% | -87.1% |
每股收益（稀释后）SWIMWOLF
| Q1 26 | $-0.07 | — | ||
| Q4 25 | $-0.06 | $-5.78 | ||
| Q3 25 | $0.07 | $-4.12 | ||
| Q2 25 | $0.13 | $-4.42 | ||
| Q1 25 | $-0.05 | $-1.86 | ||
| Q4 24 | $-0.24 | $-2.88 | ||
| Q3 24 | $0.05 | $-2.23 | ||
| Q2 24 | $0.11 | $-1.39 |
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 |
| 总债务越低越好 | $3.3M | $2.0B |
| 股东权益账面价值 | $396.7M | $627.4M |
| 总资产 | $856.4M | $3.4B |
| 负债/权益比越低杠杆越低 | 0.01× | 3.13× |
8季度趋势，按日历期对齐
现金及短期投资SWIMWOLF
| Q1 26 | — | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $926.0M | ||
| Q2 25 | — | $955.4M | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.2B |
总债务SWIMWOLF
| Q1 26 | $3.3M | — | ||
| Q4 25 | $279.8M | $2.0B | ||
| Q3 25 | $281.1M | $0 | ||
| Q2 25 | $281.5M | $6.5B | ||
| Q1 25 | $306.9M | $6.5B | ||
| Q4 24 | $281.5M | $6.4B | ||
| Q3 24 | $282.8M | $6.2B | ||
| Q2 24 | $282.4M | $6.2B |
股东权益SWIMWOLF
| Q1 26 | $396.7M | — | ||
| Q4 25 | $405.9M | $627.4M | ||
| Q3 25 | $408.4M | $-1.1B | ||
| Q2 25 | $398.4M | $-447.1M | ||
| Q1 25 | $381.1M | $212.7M | ||
| Q4 24 | $387.2M | $372.6M | ||
| Q3 24 | $416.6M | $628.9M | ||
| Q2 24 | $408.1M | $882.1M |
总资产SWIMWOLF
| Q1 26 | $856.4M | — | ||
| Q4 25 | $823.2M | $3.4B | ||
| Q3 25 | $844.4M | $6.6B | ||
| Q2 25 | $822.1M | $6.9B | ||
| Q1 25 | $824.6M | $7.6B | ||
| Q4 24 | $794.2M | $7.7B | ||
| Q3 24 | $853.4M | $7.9B | ||
| Q2 24 | $830.0M | $8.0B |
负债/权益比SWIMWOLF
| Q1 26 | 0.01× | — | ||
| Q4 25 | 0.69× | 3.13× | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.81× | 30.61× | ||
| Q4 24 | 0.73× | 17.24× | ||
| Q3 24 | 0.68× | 9.81× | ||
| Q2 24 | 0.69× | 6.98× |
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 | $-47.7M | $-42.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-72.6M |
| 自由现金流率自由现金流/营收 | — | -43.1% |
| 资本支出强度资本支出/营收 | — | 17.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-988.1M |
8季度趋势，按日历期对齐
经营现金流SWIMWOLF
| Q1 26 | $-47.7M | — | ||
| Q4 25 | $23.3M | $-42.6M | ||
| Q3 25 | $51.0M | $5.7M | ||
| Q2 25 | $36.0M | $-242.5M | ||
| Q1 25 | $-46.9M | $-142.1M | ||
| Q4 24 | $6.2M | $-195.1M | ||
| Q3 24 | $37.2M | $-132.0M | ||
| Q2 24 | $52.4M | $-239.5M |
自由现金流SWIMWOLF
| Q1 26 | — | — | ||
| Q4 25 | $14.1M | $-72.6M | ||
| Q3 25 | $45.2M | $-98.3M | ||
| Q2 25 | $29.1M | $-454.4M | ||
| Q1 25 | $-50.3M | $-362.8M | ||
| Q4 24 | $-98.0K | $-596.9M | ||
| Q3 24 | $33.2M | $-569.0M | ||
| Q2 24 | $47.9M | $-883.8M |
自由现金流率SWIMWOLF
| Q1 26 | — | — | ||
| Q4 25 | 14.1% | -43.1% | ||
| Q3 25 | 27.9% | -49.9% | ||
| Q2 25 | 16.8% | -230.7% | ||
| Q1 25 | -45.2% | -195.7% | ||
| Q4 24 | -0.1% | -330.7% | ||
| Q3 24 | 22.1% | -292.2% | ||
| Q2 24 | 29.9% | -440.4% |
资本支出强度SWIMWOLF
| Q1 26 | — | — | ||
| Q4 25 | 9.2% | 17.8% | ||
| Q3 25 | 3.6% | 52.8% | ||
| Q2 25 | 4.0% | 107.6% | ||
| Q1 25 | 3.1% | 119.0% | ||
| Q4 24 | 7.2% | 222.6% | ||
| Q3 24 | 2.7% | 224.4% | ||
| Q2 24 | 2.8% | 321.0% |
现金转化率SWIMWOLF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 6.29× | — | ||
| Q2 25 | 2.25× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.32× | — | ||
| Q2 24 | 3.95× | — |
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
SWIM
暂无分部数据
WOLF
| Power Products | $118.3M | 70% |
| Materials Products | $50.2M | 30% |
