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特斯拉（TSLA）与台积电（TSM）财务数据对比。点击上方公司名可切换其他公司
台积电的季度营收约是特斯拉的1.6倍（$35.5B vs $22.4B），台积电净利率更高（50.5% vs 2.1%，领先48.3%）
特斯拉是总部位于美国得克萨斯州奥斯汀的跨国汽车与清洁能源企业，主营业务包括纯电动汽车、家用到电网级固定式储能电池、太阳能板及太阳能屋顶瓦的设计、生产与销售，同时提供相关配套产品与服务，致力于推动全球能源向可持续方向转型。
台积电是全球规模最大的专业独立半导体晶圆代工厂，总部位于中国台湾新竹，主要为无晶圆厂客户代工生产先进逻辑芯片，服务客户包括苹果、英伟达、AMD、高通和博通等，在3纳米、5纳米、7纳米等先进制程节点领域处于行业领先地位。
TSLA vs TSM — 直观对比
营收规模更大
TSM
是对方的1.6倍
$22.4B
净利率更高
TSM
高出48.3%
2.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $22.4B | $35.5B |
| 净利润 | $477.0M | $17.9B |
| 毛利率 | 21.1% | 66.2% |
| 营业利润率 | 4.2% | 58.0% |
| 净利率 | 2.1% | 50.5% |
| 营收同比 | 16.0% | — |
| 净利润同比 | 17.0% | — |
| 每股收益（稀释后） | $0.13 | $111.55 |
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TSLATSM
| Q1 26 | $22.4B | $35.5B | ||
| Q4 25 | $24.9B | $32.7B | ||
| Q3 25 | $28.1B | $30.7B | ||
| Q2 25 | $22.5B | $28.9B | ||
| Q1 25 | $19.3B | $26.0B | ||
| Q4 24 | $25.7B | $88.3B | ||
| Q3 24 | $25.2B | — | ||
| Q2 24 | $25.5B | — |
净利润TSLATSM
| Q1 26 | $477.0M | $17.9B | ||
| Q4 25 | $840.0M | $15.8B | ||
| Q3 25 | $1.4B | $14.0B | ||
| Q2 25 | $1.2B | $12.3B | ||
| Q1 25 | $409.0M | $11.2B | ||
| Q4 24 | $2.3B | $35.3B | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $1.5B | — |
毛利率TSLATSM
| Q1 26 | 21.1% | 66.2% | ||
| Q4 25 | 20.1% | 62.3% | ||
| Q3 25 | 18.0% | 59.5% | ||
| Q2 25 | 17.2% | 58.6% | ||
| Q1 25 | 16.3% | 58.8% | ||
| Q4 24 | 16.3% | 56.1% | ||
| Q3 24 | 19.8% | — | ||
| Q2 24 | 18.0% | — |
营业利润率TSLATSM
| Q1 26 | 4.2% | 58.0% | ||
| Q4 25 | 5.7% | 53.9% | ||
| Q3 25 | 5.8% | 50.6% | ||
| Q2 25 | 4.1% | 49.6% | ||
| Q1 25 | 2.1% | 48.5% | ||
| Q4 24 | 6.2% | 45.7% | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 6.3% | — |
净利率TSLATSM
| Q1 26 | 2.1% | 50.5% | ||
| Q4 25 | 3.4% | 48.3% | ||
| Q3 25 | 4.9% | 45.7% | ||
| Q2 25 | 5.2% | 42.7% | ||
| Q1 25 | 2.1% | 43.1% | ||
| Q4 24 | 9.0% | 40.0% | ||
| Q3 24 | 8.6% | — | ||
| Q2 24 | 5.8% | — |
每股收益（稀释后）TSLATSM
| Q1 26 | $0.13 | $111.55 | ||
| Q4 25 | $0.24 | $98.45 | ||
| Q3 25 | $0.39 | $87.20 | ||
| Q2 25 | $0.33 | $76.80 | ||
| Q1 25 | $0.12 | $69.70 | ||
| Q4 24 | $0.66 | $1.36 | ||
| Q3 24 | $0.62 | — | ||
| Q2 24 | $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 | $81.7B | — |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $74.7B | — |
| 总资产 | $125.1B | — |
| 负债/权益比越低杠杆越低 | 0.10× | — |
8季度趋势，按日历期对齐
现金及短期投资TSLATSM
| Q1 26 | $81.7B | — | ||
| Q4 25 | $44.1B | — | ||
| Q3 25 | $41.6B | — | ||
| Q2 25 | $36.8B | — | ||
| Q1 25 | $37.0B | — | ||
| Q4 24 | $36.6B | $64.9B | ||
| Q3 24 | $33.6B | — | ||
| Q2 24 | $30.7B | — |
总债务TSLATSM
| Q1 26 | $7.5B | — | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $5.0B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.3B | — |
股东权益TSLATSM
| Q1 26 | $74.7B | — | ||
| Q4 25 | $82.1B | — | ||
| Q3 25 | $80.0B | — | ||
| Q2 25 | $77.3B | — | ||
| Q1 25 | $74.7B | — | ||
| Q4 24 | $72.9B | $130.5B | ||
| Q3 24 | $69.9B | — | ||
| Q2 24 | $66.5B | — |
总资产TSLATSM
| Q1 26 | $125.1B | — | ||
| Q4 25 | $137.8B | — | ||
| Q3 25 | $133.7B | — | ||
| Q2 25 | $128.6B | — | ||
| Q1 25 | $125.1B | — | ||
| Q4 24 | $122.1B | $204.1B | ||
| Q3 24 | $119.9B | — | ||
| Q2 24 | $112.8B | — |
负债/权益比TSLATSM
| Q1 26 | 0.10× | — | ||
| Q4 25 | 0.08× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | 0.08× | — | ||
| Q2 24 | 0.08× | — |
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 | $3.9B | — |
| 自由现金流经营现金流 - 资本支出 | $1.4B | — |
| 自由现金流率自由现金流/营收 | 6.5% | — |
| 资本支出强度资本支出/营收 | 11.1% | — |
| 现金转化率经营现金流/净利润 | 8.25× | — |
| 过去12个月自由现金流最近4个季度 | $7.0B | — |
8季度趋势，按日历期对齐
经营现金流TSLATSM
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $4.8B | $55.7B | ||
| Q3 24 | $6.3B | — | ||
| Q2 24 | $3.6B | — |
自由现金流TSLATSM
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $146.0M | — | ||
| Q1 25 | $664.0M | — | ||
| Q4 24 | $2.0B | $26.5B | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $1.3B | — |
自由现金流率TSLATSM
| Q1 26 | 6.5% | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 14.2% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 7.9% | 30.1% | ||
| Q3 24 | 10.9% | — | ||
| Q2 24 | 5.3% | — |
资本支出强度TSLATSM
| Q1 26 | 11.1% | — | ||
| Q4 25 | 9.6% | — | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | 10.6% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 10.8% | 33.0% | ||
| Q3 24 | 14.0% | — | ||
| Q2 24 | 8.9% | — |
现金转化率TSLATSM
| Q1 26 | 8.25× | — | ||
| Q4 25 | 4.54× | — | ||
| Q3 25 | 4.54× | — | ||
| Q2 25 | 2.17× | — | ||
| Q1 25 | 5.27× | — | ||
| Q4 24 | 2.08× | 1.58× | ||
| Q3 24 | 2.89× | — | ||
| Q2 24 | 2.44× | — |
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
TSLA
| Automotive Sales | $15.5B | 69% |
| Services & Other | $3.7B | 17% |
| Energy Generation And Storage | $2.4B | 11% |
| Automotive Leasing | $381.0M | 2% |
| Automotive Regulatory Credits | $380.0M | 2% |
TSM
暂无分部数据
