10-Q 季报仅提供 GAAP 数据
| 指标 | Q3 FY2025 | Q2 FY2025 | Q/Q | Q3 FY2024 | Y/Y |
|---|---|---|---|---|---|
| 营收 Revenue | $1,695M | $1,876M | -10% | $1,705M | -1% |
| 毛利率 Gross Margin | 22.5% | 32.3% | -9.8 ppt | 27.2% | -4.7 ppt |
| 研发费用 R&D | $285M | $279M | +2% | $277M | +3% |
| 销售及管理 SG&A | $139M | $142M | -2% | $107M | +30% |
| 折旧摊销 D&A | $127M | $90M | +41% | — | — |
| 股权激励 SBC | $44M | $48M | -8% | $38M | +16% |
| 营业利润 Operating Income | -$1,881M | $195M | -1065% | $65M | -2994% |
| 利息费用 Interest Expense | $16M | $4M | +300% | $9M | +78% |
| 净利润 Net Income | -$1,933M | $104M | -1959% | $27M | -7259% |
| 指标 | Q3 FY2025 | Q2 FY2025 | Q/Q | Q3 FY2024 | Y/Y |
|---|---|---|---|---|---|
| 每股收益 EPS | -$13.33 | N/A | — | $0.19 | -7116% |
| 稀释股数 Diluted Shares | 145M | 145M | +0% | 145M | +0% |
| 实际税率 Effective Tax Rate | -2.0% | 40.0% | -42.0 ppt | 50.0% | -52.0 ppt |
| 板块 | 收入 | 占比 | QoQ | YoY |
|---|---|---|---|---|
| Cloud | $197M | 11.6% | -21% | +103% |
| Client | $927M | 54.7% | -10% | -10% |
| Consumer | $571M | 33.7% | -5% | -0% |
| 板块 | 收入 | 占比 | QoQ | YoY |
|---|---|---|---|---|
| Asia | $1,038M | 61.2% | -4% | -9% |
| Americas | $375M | 22.1% | -4% | +38% |
| EMEA | $282M | 16.6% | -30% | -4% |
| 项目 | 占比 |
|---|---|
| Top 10 customers | 41.0% |
| One customer >10% | NaN% |
Top 10 customers accounted for 41% of Q3 FY2025 revenue. One customer exceeded 10% of revenue in Q3 FY2025.
本季度数据
| 指标 | Q3 FY2025 | Q2 FY2025 | 变化 |
|---|---|---|---|
| 暂无动态指标配置 | |||
以下观点摘自 10-Q MD&A 管理层讨论章节
"近期我们正经历一轮周期中段放缓。2025财年Q3因产能利用率下降产生了2400万美元未吸收制造费用，预计在2025财年剩余时间内随着产能调整还将产生额外费用。"
"Q3营收同比下降1%，主要因市场供过于求导致每GB均价下降11%，部分被云端市场需求带动的出货量增长13%所抵消。"
"美国近期调整贸易政策并提高关税。目前公司在美销售的大部分产品免征关税，但如果加征关税或失去豁免，将推高在美销售产品的成本。"
| 指标 | 数值 | 备注 |
|---|---|---|
| _cash_flow_note | operating_cashflow, capex, fcf, depreciation_amortization, and debt_repayments are 9-month YTD figures (Jul 2024 - Mar 2025) as 10-Q cash flow statements only report YTD. debt_repayments = $76M repayments on notes to WDC; Term Loan B quarterly amortization begins Jun 2025. | |
| goodwill_impairment | $1,830M | Post-separation goodwill impairment — carrying value of reporting unit exceeded fair value. |
| k2_startup_costs_increase | $29M YoY increase | Start-up costs related to K2 wafer fabrication facility construction. |
| flash_ventures_guarantee | $1,379M | Company's portion of Flash Ventures operating lease guarantee obligations (¥207B). |
| business_separation_costs | $9M | Q3 separation and transition costs related to WDC spin-off. |