vs
思佳讯（SWKS）与TEREX CORP（TEX）财务数据对比。点击上方公司名可切换其他公司
TEREX CORP的季度营收约是思佳讯的1.3倍（$1.3B vs $1.0B），思佳讯净利率更高（7.6% vs 4.8%，领先2.9%），思佳讯同比增速更快（8.6% vs 6.2%），思佳讯自由现金流更多（$339.0M vs $171.0M），过去两年TEREX CORP的营收复合增速更高（1.0% vs -0.5%）
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。
特雷克斯公司是美国知名的设备制造企业，业务遍布美洲、欧洲、澳大利亚及亚太地区，主营物料加工机械、废弃物回收处理设备、移动式高空作业平台，以及电力行业专用设备，为全球多领域客户提供专业解决方案。
SWKS vs TEX — 直观对比
营收规模更大
TEX
是对方的1.3倍
$1.0B
营收增速更快
SWKS
高出2.4%
6.2%
净利率更高
SWKS
高出2.9%
4.8%
自由现金流更多
SWKS
多$168.0M
$171.0M
两年增速更快
TEX
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.3B |
| 净利润 | $79.2M | $63.0M |
| 毛利率 | 41.3% | 18.8% |
| 营业利润率 | 10.0% | 10.4% |
| 净利率 | 7.6% | 4.8% |
| 营收同比 | 8.6% | 6.2% |
| 净利润同比 | 15.3% | 2963.6% |
| 每股收益（稀释后） | $0.53 | $0.95 |
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SWKSTEX
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $965.0M | $1.5B | ||
| Q1 25 | $953.2M | $1.2B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $905.5M | $1.4B |
净利润SWKSTEX
| Q1 26 | $79.2M | — | ||
| Q4 25 | $141.4M | $63.0M | ||
| Q3 25 | — | $65.0M | ||
| Q2 25 | $105.0M | $72.0M | ||
| Q1 25 | $68.7M | $21.0M | ||
| Q4 24 | $162.0M | $-2.2M | ||
| Q3 24 | $60.5M | $88.0M | ||
| Q2 24 | $120.9M | $140.7M |
毛利率SWKSTEX
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.7% | 18.8% | ||
| Q3 25 | — | 20.3% | ||
| Q2 25 | 41.6% | 19.6% | ||
| Q1 25 | 41.1% | 18.7% | ||
| Q4 24 | 41.4% | 15.9% | ||
| Q3 24 | 41.9% | 20.2% | ||
| Q2 24 | 40.2% | 23.8% |
营业利润率SWKSTEX
| Q1 26 | 10.0% | — | ||
| Q4 25 | 10.1% | 10.4% | ||
| Q3 25 | — | 10.1% | ||
| Q2 25 | 11.5% | 8.7% | ||
| Q1 25 | 10.2% | 5.6% | ||
| Q4 24 | 16.9% | 4.2% | ||
| Q3 24 | 5.8% | 10.1% | ||
| Q2 24 | 14.4% | 14.0% |
净利率SWKSTEX
| Q1 26 | 7.6% | — | ||
| Q4 25 | 12.9% | 4.8% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | 10.9% | 4.8% | ||
| Q1 25 | 7.2% | 1.7% | ||
| Q4 24 | 15.2% | -0.2% | ||
| Q3 24 | 5.9% | 7.3% | ||
| Q2 24 | 13.4% | 10.2% |
每股收益（稀释后）SWKSTEX
| Q1 26 | $0.53 | — | ||
| Q4 25 | $0.95 | $0.95 | ||
| Q3 25 | — | $0.98 | ||
| Q2 25 | $0.70 | $1.09 | ||
| Q1 25 | $0.43 | $0.31 | ||
| Q4 24 | $1.00 | $-0.03 | ||
| Q3 24 | $0.36 | $1.31 | ||
| Q2 24 | $0.75 | $2.08 |
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 | $1.6B | $772.0M |
| 总债务越低越好 | $496.6M | $2.6B |
| 股东权益账面价值 | $5.8B | $2.1B |
| 总资产 | $7.9B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.09× | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资SWKSTEX
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.4B | $772.0M | ||
| Q3 25 | — | $509.0M | ||
| Q2 25 | $1.3B | $374.0M | ||
| Q1 25 | $1.5B | $298.0M | ||
| Q4 24 | $1.7B | $388.0M | ||
| Q3 24 | $1.6B | $352.0M | ||
| Q2 24 | $1.3B | $319.3M |
总债务SWKSTEX
| Q1 26 | $496.6M | — | ||
| Q4 25 | $496.4M | $2.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | $496.2M | — | ||
| Q1 25 | $995.1M | — | ||
| Q4 24 | $994.7M | $2.6B | ||
| Q3 24 | $994.3M | — | ||
| Q2 24 | $994.0M | — |
股东权益SWKSTEX
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.8B | $2.1B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | $5.7B | $2.0B | ||
| Q1 25 | $5.9B | $1.8B | ||
| Q4 24 | $6.4B | $1.8B | ||
| Q3 24 | $6.3B | $2.0B | ||
| Q2 24 | $6.3B | $1.8B |
总资产SWKSTEX
| Q1 26 | $7.9B | — | ||
| Q4 25 | $7.9B | $6.1B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | $7.7B | $6.2B | ||
| Q1 25 | $7.9B | $5.8B | ||
| Q4 24 | $8.3B | $5.7B | ||
| Q3 24 | $8.3B | $3.8B | ||
| Q2 24 | $8.2B | $3.8B |
负债/权益比SWKSTEX
| Q1 26 | 0.09× | — | ||
| Q4 25 | 0.09× | 1.23× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.17× | — | ||
| Q4 24 | 0.16× | 1.41× | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 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 | $395.5M | $205.0M |
| 自由现金流经营现金流 - 资本支出 | $339.0M | $171.0M |
| 自由现金流率自由现金流/营收 | 32.7% | 13.0% |
| 资本支出强度资本支出/营收 | 5.5% | 2.6% |
| 现金转化率经营现金流/净利润 | 4.99× | 3.25× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $322.0M |
8季度趋势，按日历期对齐
经营现金流SWKSTEX
| Q1 26 | $395.5M | — | ||
| Q4 25 | $200.0M | $205.0M | ||
| Q3 25 | — | $154.0M | ||
| Q2 25 | $314.2M | $102.0M | ||
| Q1 25 | $409.4M | $-21.0M | ||
| Q4 24 | $377.2M | $177.0M | ||
| Q3 24 | $476.1M | $116.4M | ||
| Q2 24 | $273.4M | $66.5M |
自由现金流SWKSTEX
| Q1 26 | $339.0M | — | ||
| Q4 25 | $144.0M | $171.0M | ||
| Q3 25 | — | $130.0M | ||
| Q2 25 | $252.7M | $78.0M | ||
| Q1 25 | $370.9M | $-57.0M | ||
| Q4 24 | $338.2M | $128.0M | ||
| Q3 24 | $393.3M | $87.4M | ||
| Q2 24 | $249.0M | $42.5M |
自由现金流率SWKSTEX
| Q1 26 | 32.7% | — | ||
| Q4 25 | 13.1% | 13.0% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | 26.2% | 5.2% | ||
| Q1 25 | 38.9% | -4.6% | ||
| Q4 24 | 31.7% | 10.3% | ||
| Q3 24 | 38.4% | 7.2% | ||
| Q2 24 | 27.5% | 3.1% |
资本支出强度SWKSTEX
| Q1 26 | 5.5% | — | ||
| Q4 25 | 5.1% | 2.6% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | 6.4% | 1.6% | ||
| Q1 25 | 4.0% | 2.9% | ||
| Q4 24 | 3.6% | 3.9% | ||
| Q3 24 | 8.1% | 2.4% | ||
| Q2 24 | 2.7% | 1.7% |
现金转化率SWKSTEX
| Q1 26 | 4.99× | — | ||
| Q4 25 | 1.41× | 3.25× | ||
| Q3 25 | — | 2.37× | ||
| Q2 25 | 2.99× | 1.42× | ||
| Q1 25 | 5.96× | -1.00× | ||
| Q4 24 | 2.33× | — | ||
| Q3 24 | 7.87× | 1.32× | ||
| Q2 24 | 2.26× | 0.47× |
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
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
TEX
| Aerials Segment | $466.0M | 35% |
| Materials Processing Segment | $428.0M | 32% |
| Materials Processing Equipment | $279.0M | 21% |
| Specialty Equipment | $148.0M | 11% |
