歌尔股份:备货稳增、Meta 平淡,VR/AR 何时 “放大招”?

海豚投研
Oct 25, 2025

歌尔股份于北京时间 2025 年 10 月 24 日晚间的 A 股盘后发布了 2025 年第三季度财报(截止 2025 年 9 月),要点如下:一、整体业绩:收入&毛利率,均有回升。①歌尔股份 2025 年第三季度总营收 306 亿元,同比增长 4.4%,好于市场预期(280 亿)。$歌尔股份(002241.SZ) 收入端的增长,主要得益于下游客户备货的拉动,部分为 9 月的 iPhone、...

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