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AerSale Corp（ASLE）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是AerSale Corp的1.4倍（$123.0M vs $90.9M），微策略同比增速更快（1.9% vs -4.0%），过去两年微策略的营收复合增速更高（3.3% vs 0.2%）
AerSale Corp总部位于美国佛罗里达州多拉市，是一家面向航空领域的全球供应商，主要为客运及货运航空公司、政府机构、跨国整机制造商与独立维修机构提供商用喷气飞机二手整机、发动机、航空耗材，并提供航空工程服务，同时该公司也是飞机机队回收协会的成员企业。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
ASLE vs MSTR — 直观对比
营收规模更大
MSTR
是对方的1.4倍
$90.9M
营收增速更快
MSTR
高出5.9%
-4.0%
两年增速更快
MSTR
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $123.0M |
| 净利润 | $5.4M | — |
| 毛利率 | 34.1% | 66.1% |
| 营业利润率 | 7.8% | — |
| 净利率 | 5.9% | — |
| 营收同比 | -4.0% | 1.9% |
| 净利润同比 | 99.7% | — |
| 每股收益（稀释后） | $0.10 | — |
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ASLEMSTR
| Q4 25 | $90.9M | $123.0M | ||
| Q3 25 | $71.2M | $128.7M | ||
| Q2 25 | $107.4M | $114.5M | ||
| Q1 25 | $65.8M | $111.1M | ||
| Q4 24 | $94.7M | $120.7M | ||
| Q3 24 | $82.7M | $116.1M | ||
| Q2 24 | $77.1M | $111.4M | ||
| Q1 24 | $90.5M | $115.2M |
净利润ASLEMSTR
| Q4 25 | $5.4M | — | ||
| Q3 25 | $-120.0K | $2.8B | ||
| Q2 25 | $8.6M | $10.0B | ||
| Q1 25 | $-5.3M | $-4.2B | ||
| Q4 24 | $2.7M | $-670.8M | ||
| Q3 24 | $509.0K | $-340.2M | ||
| Q2 24 | $-3.6M | $-102.6M | ||
| Q1 24 | $6.3M | $-53.1M |
毛利率ASLEMSTR
| Q4 25 | 34.1% | 66.1% | ||
| Q3 25 | 30.2% | 70.5% | ||
| Q2 25 | 32.9% | 68.8% | ||
| Q1 25 | 27.3% | 69.4% | ||
| Q4 24 | 31.4% | 71.7% | ||
| Q3 24 | 28.6% | 70.4% | ||
| Q2 24 | 28.2% | 72.2% | ||
| Q1 24 | 31.8% | 74.0% |
营业利润率ASLEMSTR
| Q4 25 | 7.8% | — | ||
| Q3 25 | 4.0% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | -10.1% | -5331.4% | ||
| Q4 24 | 5.2% | -842.1% | ||
| Q3 24 | 2.4% | -372.7% | ||
| Q2 24 | -2.4% | -179.7% | ||
| Q1 24 | 5.2% | -176.8% |
净利率ASLEMSTR
| Q4 25 | 5.9% | — | ||
| Q3 25 | -0.2% | 2164.1% | ||
| Q2 25 | 8.0% | 8752.7% | ||
| Q1 25 | -8.0% | -3797.2% | ||
| Q4 24 | 2.9% | -555.8% | ||
| Q3 24 | 0.6% | -293.1% | ||
| Q2 24 | -4.7% | -92.0% | ||
| Q1 24 | 6.9% | -46.1% |
每股收益（稀释后）ASLEMSTR
| Q4 25 | $0.10 | — | ||
| Q3 25 | $0.00 | $8.42 | ||
| Q2 25 | $0.18 | $32.60 | ||
| Q1 25 | $-0.10 | $-16.49 | ||
| Q4 24 | $0.05 | $4.49 | ||
| Q3 24 | $0.01 | $-1.72 | ||
| Q2 24 | $-0.07 | $-0.57 | ||
| Q1 24 | $0.12 | $-0.31 |
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 | $4.4M | $2.3B |
| 总债务越低越好 | $1.3M | $8.2B |
| 股东权益账面价值 | $424.4M | $44.1B |
| 总资产 | $640.5M | $61.6B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资ASLEMSTR
| Q4 25 | $4.4M | $2.3B | ||
| Q3 25 | $5.3M | $54.3M | ||
| Q2 25 | $5.7M | $50.1M | ||
| Q1 25 | $4.7M | $60.3M | ||
| Q4 24 | $4.7M | $38.1M | ||
| Q3 24 | $9.8M | $46.3M | ||
| Q2 24 | $4.3M | $66.9M | ||
| Q1 24 | $2.6M | $81.3M |
总债务ASLEMSTR
| Q4 25 | $1.3M | $8.2B | ||
| Q3 25 | $1.5M | $8.2B | ||
| Q2 25 | $907.0K | $8.2B | ||
| Q1 25 | $1.1M | $8.1B | ||
| Q4 24 | $1.2M | $7.2B | ||
| Q3 24 | $376.0K | $4.2B | ||
| Q2 24 | $522.0K | $3.8B | ||
| Q1 24 | $3.5M | $3.6B |
股东权益ASLEMSTR
| Q4 25 | $424.4M | $44.1B | ||
| Q3 25 | $417.1M | $52.3B | ||
| Q2 25 | $415.9M | $47.5B | ||
| Q1 25 | $406.5M | $32.2B | ||
| Q4 24 | $455.6M | $18.2B | ||
| Q3 24 | $451.5M | $3.8B | ||
| Q2 24 | $449.8M | $2.8B | ||
| Q1 24 | $452.0M | $2.4B |
总资产ASLEMSTR
| Q4 25 | $640.5M | $61.6B | ||
| Q3 25 | $646.3M | $73.6B | ||
| Q2 25 | $646.7M | $64.8B | ||
| Q1 25 | $646.1M | $43.9B | ||
| Q4 24 | $604.7M | $25.8B | ||
| Q3 24 | $601.5M | $8.3B | ||
| Q2 24 | $598.7M | $7.1B | ||
| Q1 24 | $571.7M | $6.4B |
负债/权益比ASLEMSTR
| Q4 25 | 0.00× | 0.19× | ||
| Q3 25 | 0.00× | 0.16× | ||
| Q2 25 | 0.00× | 0.17× | ||
| Q1 25 | 0.00× | 0.25× | ||
| Q4 24 | 0.00× | 0.39× | ||
| Q3 24 | 0.00× | 1.12× | ||
| Q2 24 | 0.00× | 1.36× | ||
| Q1 24 | 0.01× | 1.48× |
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 | $11.4M | — |
| 自由现金流经营现金流 - 资本支出 | $9.8M | — |
| 自由现金流率自由现金流/营收 | 10.8% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | 2.11× | — |
| 过去12个月自由现金流最近4个季度 | $-29.1M | — |
8季度趋势，按日历期对齐
经营现金流ASLEMSTR
| Q4 25 | $11.4M | — | ||
| Q3 25 | $-8.9M | $-8.3M | ||
| Q2 25 | $19.8M | $-34.9M | ||
| Q1 25 | $-45.2M | $-2.4M | ||
| Q4 24 | $37.5M | $-17.3M | ||
| Q3 24 | $10.4M | $-41.0M | ||
| Q2 24 | $-15.3M | $-23.3M | ||
| Q1 24 | $-21.5M | $28.6M |
自由现金流ASLEMSTR
| Q4 25 | $9.8M | — | ||
| Q3 25 | $-9.8M | $-11.1M | ||
| Q2 25 | $18.6M | $-37.0M | ||
| Q1 25 | $-47.6M | $-5.1M | ||
| Q4 24 | $32.3M | $-17.6M | ||
| Q3 24 | $8.9M | $-41.4M | ||
| Q2 24 | $-18.9M | $-24.1M | ||
| Q1 24 | $-25.0M | $27.0M |
自由现金流率ASLEMSTR
| Q4 25 | 10.8% | — | ||
| Q3 25 | -13.8% | -8.6% | ||
| Q2 25 | 17.3% | -32.3% | ||
| Q1 25 | -72.4% | -4.6% | ||
| Q4 24 | 34.0% | -14.6% | ||
| Q3 24 | 10.7% | -35.7% | ||
| Q2 24 | -24.6% | -21.6% | ||
| Q1 24 | -27.7% | 23.5% |
资本支出强度ASLEMSTR
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.3% | 2.2% | ||
| Q2 25 | 1.1% | 1.8% | ||
| Q1 25 | 3.7% | 2.5% | ||
| Q4 24 | 5.6% | 0.2% | ||
| Q3 24 | 1.9% | 0.4% | ||
| Q2 24 | 4.7% | 0.6% | ||
| Q1 24 | 3.9% | 1.3% |
现金转化率ASLEMSTR
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | -0.00× | ||
| Q2 25 | 2.31× | -0.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.42× | — |
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
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
MSTR
暂无分部数据
