01 · 损益表
10-Q 季报仅提供 GAAP 数据
季度指标
| 指标 |
Q2 FY2025 |
Q1 FY2025 |
Q/Q |
Q2 FY2024 |
Y/Y |
| 营收 Revenue |
$2,893M |
$2,649M |
+9% |
$2,392M |
+21% |
| 毛利率 Gross Margin |
12.8% |
10.3% |
+2.5 ppt |
10.6% |
+2.2 ppt |
| 研发费用 R&D |
$34M |
$18M |
+93% |
$19M |
+75% |
| 销售及管理 SG&A |
$39M |
$113M |
-65% |
$79M |
-51% |
| 折旧摊销 D&A |
$45M |
$37M |
+21% |
$37M |
+23% |
| 股权激励 SBC |
$15M |
$26M |
-42% |
$12M |
+28% |
| 营业利润 Operating Income |
$273M |
$129M |
+112% |
$133M |
+105% |
| 利息费用 Interest Expense |
$14M |
$14M |
-1% |
$15M |
-10% |
| 净利润 Net Income |
$211M |
$86M |
+145% |
$95M |
+122% |
补充指标
| 指标 |
Q2 FY2025 |
Q1 FY2025 |
Q/Q |
Q2 FY2024 |
Y/Y |
| 每股收益 EPS |
$1.82 |
$0.74 |
+146% |
$0.80 |
+127% |
| 稀释股数 Diluted Shares |
116M |
117M |
-1% |
119M |
-3% |
| 实际税率 Effective Tax Rate |
18.0% |
24.2% |
-6.2 ppt |
16.3% |
+1.7 ppt |
end_market
| 板块 |
收入 |
占比 |
QoQ |
YoY |
| ATS |
$819M |
28.3% |
+1% |
+7% |
| CCS - Communications |
$1,641M |
56.7% |
+15% |
+75% |
| CCS - Enterprise |
$433M |
15.0% |
+5% |
-37% |
ATS 包含 Aerospace & Defense、Industrial、HealthTech 和 Capital Equipment 业务。CCS Communications 增长由 HPS 网络产品驱动，Q2 2025 HPS 收入约 $1.2B，同比增 82%，占总收入 43%。Enterprise 下降由超大规模客户 AI/ML 计算平台技术换代驱动。
customer
| 项目 |
占比 |
| Top 1 (CCS) |
31.0% |
| Top 2 (CCS) |
13.0% |
| Top 10 |
78.0% |
两个客户（均属 CCS 分部）各占总收入 10% 以上（31% 和 13%）。Q2 2024 同样两个客户超 10%（32% 和 12%）。