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AIR LEASE CORP（AL）与铱星通信（IRDM）财务数据对比。点击上方公司名可切换其他公司
铱星通信的季度营收约是AIR LEASE CORP的1.6倍（$219.1M vs $140.8M），AIR LEASE CORP净利率更高（128.5% vs 9.9%，领先118.6%），AIR LEASE CORP同比增速更快（90.4% vs 1.9%），过去两年AIR LEASE CORP的营收复合增速更高（69.6% vs 4.4%）
航空租赁公司（ALC）是2010年成立的美国飞机租赁企业，由史蒂文·F·乌德瓦-哈齐执掌运营。公司直接向波音、空客、巴航工业、ATR采购全新商用飞机，为全球各地航空公司客户提供专业的飞机租赁及融资服务。
铱星通信是一家总部位于美国弗吉尼亚州麦克莱恩的上市企业，运营着由80颗卫星组成的铱星星座，其中66颗为工作星，14颗为在轨备用星。其卫星网络支持手持卫星电话、卫星通信终端及集成收发设备实现全球范围的语音和数据传输，还可提供双向卫星消息服务，满足全球各场景的通信需求。
AL vs IRDM — 直观对比
营收规模更大
IRDM
是对方的1.6倍
$140.8M
营收增速更快
AL
高出88.5%
1.9%
净利率更高
AL
高出118.6%
9.9%
两年增速更快
AL
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $140.8M | $219.1M |
| 净利润 | $180.9M | $21.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 23.2% |
| 净利率 | 128.5% | 9.9% |
| 营收同比 | 90.4% | 1.9% |
| 净利润同比 | 60.2% | — |
| 每股收益（稀释后） | $1.49 | — |
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ALIRDM
| Q1 26 | — | $219.1M | ||
| Q4 25 | $140.8M | $212.9M | ||
| Q3 25 | $44.5M | $226.9M | ||
| Q2 25 | $53.0M | $216.9M | ||
| Q1 25 | $92.9M | $214.9M | ||
| Q4 24 | $74.0M | $213.0M | ||
| Q3 24 | $65.0M | $212.8M | ||
| Q2 24 | $57.8M | $201.1M |
净利润ALIRDM
| Q1 26 | — | $21.6M | ||
| Q4 25 | $180.9M | $24.9M | ||
| Q3 25 | $146.5M | $37.1M | ||
| Q2 25 | $385.2M | $22.0M | ||
| Q1 25 | $375.8M | $30.4M | ||
| Q4 24 | $112.9M | $36.3M | ||
| Q3 24 | $104.0M | $24.4M | ||
| Q2 24 | $102.9M | $32.3M |
营业利润率ALIRDM
| Q1 26 | — | 23.2% | ||
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 30.9% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 28.1% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 21.7% |
净利率ALIRDM
| Q1 26 | — | 9.9% | ||
| Q4 25 | 128.5% | 11.7% | ||
| Q3 25 | 329.2% | 16.4% | ||
| Q2 25 | 726.9% | 10.1% | ||
| Q1 25 | 404.5% | 14.2% | ||
| Q4 24 | 152.7% | 17.1% | ||
| Q3 24 | 160.0% | 11.5% | ||
| Q2 24 | 178.2% | 16.1% |
每股收益（稀释后）ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $1.49 | $0.24 | ||
| Q3 25 | $1.21 | $0.35 | ||
| Q2 25 | $3.33 | $0.20 | ||
| Q1 25 | $3.26 | $0.27 | ||
| Q4 24 | $0.83 | $0.30 | ||
| Q3 24 | $0.82 | $0.21 | ||
| Q2 24 | $0.81 | $0.27 |
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 | $466.4M | — |
| 总债务越低越好 | $19.7B | — |
| 股东权益账面价值 | $8.5B | — |
| 总资产 | $32.9B | — |
| 负债/权益比越低杠杆越低 | 2.33× | — |
8季度趋势，按日历期对齐
现金及短期投资ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $466.4M | $96.5M | ||
| Q3 25 | $452.2M | $88.5M | ||
| Q2 25 | $454.8M | $79.3M | ||
| Q1 25 | $456.6M | $50.9M | ||
| Q4 24 | $472.6M | $93.5M | ||
| Q3 24 | $460.8M | $159.6M | ||
| Q2 24 | $454.1M | $63.5M |
总债务ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $19.7B | $1.8B | ||
| Q3 25 | $20.2B | — | ||
| Q2 25 | $20.3B | — | ||
| Q1 25 | $19.9B | — | ||
| Q4 24 | $20.2B | $1.8B | ||
| Q3 24 | $20.2B | — | ||
| Q2 24 | $19.7B | — |
股东权益ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $8.5B | $462.6M | ||
| Q3 25 | $8.3B | $450.5M | ||
| Q2 25 | $8.2B | $473.6M | ||
| Q1 25 | $7.9B | $518.4M | ||
| Q4 24 | $7.5B | $576.6M | ||
| Q3 24 | $7.7B | $663.8M | ||
| Q2 24 | $7.3B | $786.7M |
总资产ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $32.9B | $2.5B | ||
| Q3 25 | $33.4B | $2.6B | ||
| Q2 25 | $33.3B | $2.6B | ||
| Q1 25 | $32.4B | $2.6B | ||
| Q4 24 | $32.3B | $2.7B | ||
| Q3 24 | $32.2B | $2.8B | ||
| Q2 24 | $31.0B | $2.7B |
负债/权益比ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | 2.33× | 3.80× | ||
| Q3 25 | 2.42× | — | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.53× | — | ||
| Q4 24 | 2.68× | 3.05× | ||
| Q3 24 | 2.63× | — | ||
| Q2 24 | 2.69× | — |
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 | $414.1M | — |
| 自由现金流经营现金流 - 资本支出 | $342.1M | — |
| 自由现金流率自由现金流/营收 | 242.9% | — |
| 资本支出强度资本支出/营收 | 51.1% | 13.7% |
| 现金转化率经营现金流/净利润 | 2.29× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | — |
8季度趋势，按日历期对齐
经营现金流ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $414.1M | $108.6M | ||
| Q3 25 | $458.6M | $100.8M | ||
| Q2 25 | $473.6M | $129.6M | ||
| Q1 25 | $388.3M | $61.1M | ||
| Q4 24 | $430.0M | $104.8M | ||
| Q3 24 | $461.9M | $118.6M | ||
| Q2 24 | $413.8M | $81.1M |
自由现金流ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | $342.1M | $75.1M | ||
| Q3 25 | $412.3M | $79.2M | ||
| Q2 25 | $427.1M | $108.9M | ||
| Q1 25 | $315.5M | $36.5M | ||
| Q4 24 | $326.8M | $80.5M | ||
| Q3 24 | $369.8M | $100.0M | ||
| Q2 24 | $346.4M | $68.7M |
自由现金流率ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | 242.9% | 35.3% | ||
| Q3 25 | 926.6% | 34.9% | ||
| Q2 25 | 806.0% | 50.2% | ||
| Q1 25 | 339.5% | 17.0% | ||
| Q4 24 | 441.8% | 37.8% | ||
| Q3 24 | 569.1% | 47.0% | ||
| Q2 24 | 599.5% | 34.2% |
资本支出强度ALIRDM
| Q1 26 | — | 13.7% | ||
| Q4 25 | 51.1% | 15.7% | ||
| Q3 25 | 104.1% | 9.5% | ||
| Q2 25 | 87.8% | 9.5% | ||
| Q1 25 | 78.4% | 11.4% | ||
| Q4 24 | 139.6% | 11.4% | ||
| Q3 24 | 141.7% | 8.7% | ||
| Q2 24 | 116.7% | 6.2% |
现金转化率ALIRDM
| Q1 26 | — | — | ||
| Q4 25 | 2.29× | 4.37× | ||
| Q3 25 | 3.13× | 2.71× | ||
| Q2 25 | 1.23× | 5.90× | ||
| Q1 25 | 1.03× | 2.01× | ||
| Q4 24 | 3.81× | 2.88× | ||
| Q3 24 | 4.44× | 4.85× | ||
| Q2 24 | 4.02× | 2.51× |
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
AL
暂无分部数据
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
