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Ultra Clean Holdings, Inc.（UCTT）与VIAVI SOLUTIONS INC.（VIAV）财务数据对比。点击上方公司名可切换其他公司
Ultra Clean Holdings, Inc.的季度营收约是VIAVI SOLUTIONS INC.的1.4倍（$533.7M vs $369.3M），Ultra Clean Holdings, Inc.净利率更高（-2.8% vs -13.0%，领先10.2%），VIAVI SOLUTIONS INC.同比增速更快（36.4% vs 2.9%），过去两年VIAVI SOLUTIONS INC.的营收复合增速更高（22.5% vs 1.7%）
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。
VIAVI Solutions前身为JDS Uniphase（JDSU）的一部分，是总部位于美国亚利桑那州钱德勒的网络测试、测量与保障技术企业，主营网络测试和监控设备，同时研发的光学技术可应用于材料质量管控、货币防伪、3D动作传感等多个领域，微软Kinect体感游戏控制器的相关技术也来自该公司。
UCTT vs VIAV — 直观对比
营收规模更大
UCTT
是对方的1.4倍
$369.3M
营收增速更快
VIAV
高出33.5%
2.9%
净利率更高
UCTT
高出10.2%
-13.0%
两年增速更快
VIAV
近两年复合增速
1.7%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $533.7M | $369.3M |
| 净利润 | $-15.0M | $-48.1M |
| 毛利率 | 12.2% | 57.0% |
| 营业利润率 | 2.1% | 3.1% |
| 净利率 | -2.8% | -13.0% |
| 营收同比 | 2.9% | 36.4% |
| 净利润同比 | -500.0% | -628.6% |
| 每股收益（稀释后） | $-0.40 | $-0.21 |
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UCTTVIAV
| Q1 26 | $533.7M | — | ||
| Q4 25 | $506.6M | $369.3M | ||
| Q3 25 | $510.0M | $299.1M | ||
| Q2 25 | $518.8M | $290.5M | ||
| Q1 25 | $518.6M | $284.8M | ||
| Q4 24 | $563.4M | $270.8M | ||
| Q3 24 | $540.4M | $238.2M | ||
| Q2 24 | $516.1M | $252.0M |
净利润UCTTVIAV
| Q1 26 | $-15.0M | — | ||
| Q4 25 | $-3.3M | $-48.1M | ||
| Q3 25 | $-10.9M | $-21.4M | ||
| Q2 25 | $-162.0M | $8.0M | ||
| Q1 25 | $-5.0M | $19.5M | ||
| Q4 24 | $16.3M | $9.1M | ||
| Q3 24 | $-2.3M | $-1.8M | ||
| Q2 24 | $19.1M | $-21.7M |
毛利率UCTTVIAV
| Q1 26 | 12.2% | — | ||
| Q4 25 | 15.2% | 57.0% | ||
| Q3 25 | 16.1% | 56.5% | ||
| Q2 25 | 15.3% | 56.3% | ||
| Q1 25 | 16.2% | 56.4% | ||
| Q4 24 | 16.3% | 59.4% | ||
| Q3 24 | 17.3% | 57.1% | ||
| Q2 24 | 17.1% | 57.8% |
营业利润率UCTTVIAV
| Q1 26 | 2.1% | — | ||
| Q4 25 | 2.2% | 3.1% | ||
| Q3 25 | 2.1% | 2.5% | ||
| Q2 25 | -27.3% | 5.3% | ||
| Q1 25 | 2.5% | 3.0% | ||
| Q4 24 | 4.6% | 8.2% | ||
| Q3 24 | 4.7% | 4.8% | ||
| Q2 24 | 4.4% | -2.3% |
净利率UCTTVIAV
| Q1 26 | -2.8% | — | ||
| Q4 25 | -0.7% | -13.0% | ||
| Q3 25 | -2.1% | -7.2% | ||
| Q2 25 | -31.2% | 2.8% | ||
| Q1 25 | -1.0% | 6.8% | ||
| Q4 24 | 2.9% | 3.4% | ||
| Q3 24 | -0.4% | -0.8% | ||
| Q2 24 | 3.7% | -8.6% |
每股收益（稀释后）UCTTVIAV
| Q1 26 | $-0.40 | — | ||
| Q4 25 | $-0.07 | $-0.21 | ||
| Q3 25 | $-0.24 | $-0.10 | ||
| Q2 25 | $-3.58 | $0.03 | ||
| Q1 25 | $-0.11 | $0.09 | ||
| Q4 24 | $0.36 | $0.04 | ||
| Q3 24 | $-0.05 | $-0.01 | ||
| Q2 24 | $0.42 | $-0.10 |
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 | $323.5M | $767.4M |
| 总债务越低越好 | $601.9M | $1.2B |
| 股东权益账面价值 | $702.1M | $834.3M |
| 总资产 | $1.9B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.86× | 1.46× |
8季度趋势，按日历期对齐
现金及短期投资UCTTVIAV
| Q1 26 | $323.5M | — | ||
| Q4 25 | $311.8M | $767.4M | ||
| Q3 25 | $314.1M | $545.6M | ||
| Q2 25 | $327.4M | $425.3M | ||
| Q1 25 | $317.6M | $396.8M | ||
| Q4 24 | $313.9M | $509.4M | ||
| Q3 24 | $318.2M | $493.1M | ||
| Q2 24 | $319.5M | $491.2M |
总债务UCTTVIAV
| Q1 26 | $601.9M | — | ||
| Q4 25 | $481.4M | $1.2B | ||
| Q3 25 | — | $640.5M | ||
| Q2 25 | — | $396.3M | ||
| Q1 25 | — | $396.1M | ||
| Q4 24 | $499.7M | $639.3M | ||
| Q3 24 | — | $637.6M | ||
| Q2 24 | — | $636.0M |
股东权益UCTTVIAV
| Q1 26 | $702.1M | — | ||
| Q4 25 | $711.0M | $834.3M | ||
| Q3 25 | $709.9M | $723.9M | ||
| Q2 25 | $719.4M | $780.2M | ||
| Q1 25 | $872.0M | $728.8M | ||
| Q4 24 | $873.6M | $682.8M | ||
| Q3 24 | $857.9M | $702.1M | ||
| Q2 24 | $852.3M | $681.6M |
总资产UCTTVIAV
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.7B | $2.8B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.7B | $2.0B | ||
| Q1 25 | $1.9B | $1.9B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.9B | $1.7B |
负债/权益比UCTTVIAV
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.68× | 1.46× | ||
| Q3 25 | — | 0.88× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.54× | ||
| Q4 24 | 0.57× | 0.94× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.93× |
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 | — | $42.5M |
| 自由现金流经营现金流 - 资本支出 | — | $36.9M |
| 自由现金流率自由现金流/营收 | — | 10.0% |
| 资本支出强度资本支出/营收 | — | 1.5% |
| 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 | — | $78.7M |
8季度趋势，按日历期对齐
经营现金流UCTTVIAV
| Q1 26 | — | — | ||
| Q4 25 | $8.1M | $42.5M | ||
| Q3 25 | $100.0K | $31.0M | ||
| Q2 25 | $29.2M | $23.8M | ||
| Q1 25 | $28.2M | $7.8M | ||
| Q4 24 | $17.1M | $44.7M | ||
| Q3 24 | $14.9M | $13.5M | ||
| Q2 24 | $23.2M | $26.2M |
自由现金流UCTTVIAV
| Q1 26 | — | — | ||
| Q4 25 | $-2.0M | $36.9M | ||
| Q3 25 | $-10.9M | $22.5M | ||
| Q2 25 | $12.4M | $18.3M | ||
| Q1 25 | $15.8M | $1.0M | ||
| Q4 24 | $-200.0K | $36.5M | ||
| Q3 24 | $-300.0K | $6.2M | ||
| Q2 24 | $10.2M | $22.4M |
自由现金流率UCTTVIAV
| Q1 26 | — | — | ||
| Q4 25 | -0.4% | 10.0% | ||
| Q3 25 | -2.1% | 7.5% | ||
| Q2 25 | 2.4% | 6.3% | ||
| Q1 25 | 3.0% | 0.4% | ||
| Q4 24 | -0.0% | 13.5% | ||
| Q3 24 | -0.1% | 2.6% | ||
| Q2 24 | 2.0% | 8.9% |
资本支出强度UCTTVIAV
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 1.5% | ||
| Q3 25 | 2.2% | 2.8% | ||
| Q2 25 | 3.2% | 1.9% | ||
| Q1 25 | 2.4% | 2.4% | ||
| Q4 24 | 3.1% | 3.0% | ||
| Q3 24 | 2.8% | 3.1% | ||
| Q2 24 | 2.5% | 1.5% |
现金转化率UCTTVIAV
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.98× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | 1.05× | 4.91× | ||
| Q3 24 | — | — | ||
| Q2 24 | 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
UCTT
| Products | $465.7M | 87% |
| Services | $68.0M | 13% |
VIAV
| Products | $317.3M | 86% |
| Services | $52.0M | 14% |
