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C3.ai, Inc.（AI）与AST SpaceMobile, Inc.（ASTS）财务数据对比。点击上方公司名可切换其他公司
C3.ai, Inc.的季度营收约是AST SpaceMobile, Inc.的1.4倍（$75.1M vs $54.3M），AST SpaceMobile, Inc.净利率更高（-136.2% vs -139.3%，领先3.1%），AST SpaceMobile, Inc.同比增速更快（2758.2% vs -20.3%），C3.ai, Inc.自由现金流更多（$-46.9M vs $-330.7M）
C3.ai是全球领先的企业级人工智能软件供应商，主要开发销售可扩展的AI应用、平台工具及垂直行业定制解决方案，服务覆盖制造、能源、金融、医疗、公共部门等领域，助力客户优化运营、降本增效、管控风险，实现数据驱动的业务决策。
AST SpaceMobile是总部位于美国得克萨斯州米德兰的上市卫星设计与制造企业，目前正搭建SpaceMobile卫星星座，打造可直接对接未改装普通智能手机的天基蜂窝宽带网络，面向全球偏远及通信服务薄弱地区提供4G、5G宽带覆盖服务。
AI vs ASTS — 直观对比
营收规模更大
AI
是对方的1.4倍
$54.3M
营收增速更快
ASTS
高出2778.5%
-20.3%
净利率更高
ASTS
高出3.1%
-139.3%
自由现金流更多
AI
多$283.8M
$-330.7M
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $54.3M |
| 净利润 | $-104.7M | $-74.0M |
| 毛利率 | 40.4% | — |
| 营业利润率 | -149.2% | -175.0% |
| 净利率 | -139.3% | -136.2% |
| 营收同比 | -20.3% | 2758.2% |
| 净利润同比 | -58.7% | -106.3% |
| 每股收益（稀释后） | $-0.75 | — |
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AIASTS
| Q4 25 | $75.1M | $54.3M | ||
| Q3 25 | $70.3M | $14.7M | ||
| Q2 25 | $108.7M | — | ||
| Q1 25 | $98.8M | — | ||
| Q4 24 | $94.3M | — | ||
| Q3 24 | $87.2M | — | ||
| Q2 24 | $86.6M | — | ||
| Q1 24 | $78.4M | — |
净利润AIASTS
| Q4 25 | $-104.7M | $-74.0M | ||
| Q3 25 | $-116.8M | $-122.9M | ||
| Q2 25 | $-79.7M | — | ||
| Q1 25 | $-80.2M | — | ||
| Q4 24 | $-66.0M | — | ||
| Q3 24 | $-62.8M | — | ||
| Q2 24 | $-72.9M | — | ||
| Q1 24 | $-72.6M | — |
毛利率AIASTS
| Q4 25 | 40.4% | — | ||
| Q3 25 | 37.6% | — | ||
| Q2 25 | 62.1% | — | ||
| Q1 25 | 59.1% | — | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 59.8% | — | ||
| Q2 24 | 59.6% | — | ||
| Q1 24 | 57.8% | — |
营业利润率AIASTS
| Q4 25 | -149.2% | -175.0% | ||
| Q3 25 | -177.7% | -1109.0% | ||
| Q2 25 | -81.8% | — | ||
| Q1 25 | -88.7% | — | ||
| Q4 24 | -79.8% | — | ||
| Q3 24 | -83.2% | — | ||
| Q2 24 | -95.1% | — | ||
| Q1 24 | -105.3% | — |
净利率AIASTS
| Q4 25 | -139.3% | -136.2% | ||
| Q3 25 | -166.2% | -833.7% | ||
| Q2 25 | -73.3% | — | ||
| Q1 25 | -81.2% | — | ||
| Q4 24 | -69.9% | — | ||
| Q3 24 | -72.0% | — | ||
| Q2 24 | -84.2% | — | ||
| Q1 24 | -92.6% | — |
每股收益（稀释后）AIASTS
| Q4 25 | $-0.75 | — | ||
| Q3 25 | $-0.86 | — | ||
| Q2 25 | $-0.60 | — | ||
| Q1 25 | $-0.62 | — | ||
| Q4 24 | $-0.52 | — | ||
| Q3 24 | $-0.50 | — | ||
| Q2 24 | $-0.59 | — | ||
| Q1 24 | $-0.60 | — |
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 | $675.0M | $4.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $771.9M | $2.4B |
| 总资产 | $961.3M | $5.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AIASTS
| Q4 25 | $675.0M | $4.3B | ||
| Q3 25 | $711.9M | $2.4B | ||
| Q2 25 | $742.7M | — | ||
| Q1 25 | $724.3M | — | ||
| Q4 24 | $730.4M | — | ||
| Q3 24 | $762.5M | — | ||
| Q2 24 | $750.4M | — | ||
| Q1 24 | $723.3M | — |
股东权益AIASTS
| Q4 25 | $771.9M | $2.4B | ||
| Q3 25 | $798.8M | $1.6B | ||
| Q2 25 | $838.3M | — | ||
| Q1 25 | $860.2M | — | ||
| Q4 24 | $859.0M | — | ||
| Q3 24 | $874.9M | — | ||
| Q2 24 | $873.4M | — | ||
| Q1 24 | $898.0M | — |
总资产AIASTS
| Q4 25 | $961.3M | $5.0B | ||
| Q3 25 | $968.7M | $2.6B | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.1B | — |
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 | $-46.5M | $65.0M |
| 自由现金流经营现金流 - 资本支出 | $-46.9M | $-330.7M |
| 自由现金流率自由现金流/营收 | -62.4% | -609.0% |
| 资本支出强度资本支出/营收 | 0.5% | 728.7% |
| 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 | $-93.2M | $-790.4M |
8季度趋势，按日历期对齐
经营现金流AIASTS
| Q4 25 | $-46.5M | $65.0M | ||
| Q3 25 | $-33.5M | $-64.5M | ||
| Q2 25 | $11.3M | — | ||
| Q1 25 | $-22.0M | — | ||
| Q4 24 | $-38.7M | — | ||
| Q3 24 | $8.0M | — | ||
| Q2 24 | $21.3M | — | ||
| Q1 24 | $-39.1M | — |
自由现金流AIASTS
| Q4 25 | $-46.9M | $-330.7M | ||
| Q3 25 | $-34.3M | $-302.9M | ||
| Q2 25 | $10.3M | — | ||
| Q1 25 | $-22.4M | — | ||
| Q4 24 | $-39.5M | — | ||
| Q3 24 | $7.1M | — | ||
| Q2 24 | $18.8M | — | ||
| Q1 24 | $-45.1M | — |
自由现金流率AIASTS
| Q4 25 | -62.4% | -609.0% | ||
| Q3 25 | -48.8% | -2055.0% | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | -22.7% | — | ||
| Q4 24 | -41.9% | — | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | 21.7% | — | ||
| Q1 24 | -57.6% | — |
资本支出强度AIASTS
| Q4 25 | 0.5% | 728.7% | ||
| Q3 25 | 1.1% | 1617.6% | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 7.8% | — |
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
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
ASTS
| Products | $44.4M | 82% |
| Other | $7.8M | 14% |
| Sat Co | $2.1M | 4% |
