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AST SpaceMobile, Inc.（ASTS）与Concrete Pumping Holdings, Inc.（BBCP）财务数据对比。点击上方公司名可切换其他公司
Concrete Pumping Holdings, Inc.的季度营收约是AST SpaceMobile, Inc.的1.8倍（$98.9M vs $54.3M），Concrete Pumping Holdings, Inc.净利率更高（5.4% vs -136.2%，领先141.6%），AST SpaceMobile, Inc.同比增速更快（2758.2% vs -3.2%），Concrete Pumping Holdings, Inc.自由现金流更多（$1.9M vs $-330.7M）
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。
Concrete Pumping Holdings, Inc.是领先的混凝土泵送服务及相关设备租赁供应商，主要面向美国和英国市场，业务覆盖基础设施建设、商业地产开发、住宅建造等核心建筑领域，为各类项目提供高效安全的混凝土输送解决方案。
ASTS vs BBCP — 直观对比
营收规模更大
BBCP
是对方的1.8倍
$54.3M
营收增速更快
ASTS
高出2761.3%
-3.2%
净利率更高
BBCP
高出141.6%
-136.2%
自由现金流更多
BBCP
多$332.6M
$-330.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $54.3M | $98.9M |
| 净利润 | $-74.0M | $5.3M |
| 毛利率 | — | 43.8% |
| 营业利润率 | -175.0% | 17.0% |
| 净利率 | -136.2% | 5.4% |
| 营收同比 | 2758.2% | -3.2% |
| 净利润同比 | -106.3% | -43.6% |
| 每股收益（稀释后） | — | $0.09 |
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ASTSBBCP
| Q4 25 | $54.3M | $98.9M | ||
| Q3 25 | $14.7M | $94.2M | ||
| Q2 25 | — | $85.2M | ||
| Q1 25 | — | $78.0M | ||
| Q4 24 | — | $102.1M | ||
| Q3 24 | — | $100.6M | ||
| Q2 24 | — | $98.7M | ||
| Q1 24 | — | $90.0M |
净利润ASTSBBCP
| Q4 25 | $-74.0M | $5.3M | ||
| Q3 25 | $-122.9M | $3.7M | ||
| Q2 25 | — | $-4.0K | ||
| Q1 25 | — | $-2.6M | ||
| Q4 24 | — | $9.4M | ||
| Q3 24 | — | $7.6M | ||
| Q2 24 | — | $3.0M | ||
| Q1 24 | — | $-3.8M |
毛利率ASTSBBCP
| Q4 25 | — | 43.8% | ||
| Q3 25 | — | 42.9% | ||
| Q2 25 | — | 42.5% | ||
| Q1 25 | — | 40.0% | ||
| Q4 24 | — | 45.3% | ||
| Q3 24 | — | 44.3% | ||
| Q2 24 | — | 42.3% | ||
| Q1 24 | — | 37.0% |
营业利润率ASTSBBCP
| Q4 25 | -175.0% | 17.0% | ||
| Q3 25 | -1109.0% | 13.7% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 1.6% |
净利率ASTSBBCP
| Q4 25 | -136.2% | 5.4% | ||
| Q3 25 | -833.7% | 3.9% | ||
| Q2 25 | — | -0.0% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | 9.2% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | -4.3% |
每股收益（稀释后）ASTSBBCP
| Q4 25 | — | $0.09 | ||
| Q3 25 | — | $0.07 | ||
| Q2 25 | — | $-0.01 | ||
| Q1 25 | — | $-0.06 | ||
| Q4 24 | — | $0.16 | ||
| Q3 24 | — | $0.13 | ||
| Q2 24 | — | $0.05 | ||
| Q1 24 | — | $-0.08 |
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 | $4.3B | $44.4M |
| 总债务越低越好 | — | $417.9M |
| 股东权益账面价值 | $2.4B | $264.8M |
| 总资产 | $5.0B | $879.5M |
| 负债/权益比越低杠杆越低 | — | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资ASTSBBCP
| Q4 25 | $4.3B | $44.4M | ||
| Q3 25 | $2.4B | $41.0M | ||
| Q2 25 | — | $37.8M | ||
| Q1 25 | — | $85.1M | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | — | $26.3M | ||
| Q2 24 | — | $18.0M | ||
| Q1 24 | — | $14.7M |
总债务ASTSBBCP
| Q4 25 | — | $417.9M | ||
| Q3 25 | — | $417.6M | ||
| Q2 25 | — | $417.3M | ||
| Q1 25 | — | $417.1M | ||
| Q4 24 | — | $373.3M | ||
| Q3 24 | — | $372.9M | ||
| Q2 24 | — | $372.6M | ||
| Q1 24 | — | $372.2M |
股东权益ASTSBBCP
| Q4 25 | $2.4B | $264.8M | ||
| Q3 25 | $1.6B | $261.3M | ||
| Q2 25 | — | $261.8M | ||
| Q1 25 | — | $260.7M | ||
| Q4 24 | — | $321.7M | ||
| Q3 24 | — | $314.7M | ||
| Q2 24 | — | $308.3M | ||
| Q1 24 | — | $307.9M |
总资产ASTSBBCP
| Q4 25 | $5.0B | $879.5M | ||
| Q3 25 | $2.6B | $886.0M | ||
| Q2 25 | — | $878.8M | ||
| Q1 25 | — | $912.9M | ||
| Q4 24 | — | $898.0M | ||
| Q3 24 | — | $890.8M | ||
| Q2 24 | — | $894.7M | ||
| Q1 24 | — | $894.8M |
负债/权益比ASTSBBCP
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | — | 1.59× | ||
| Q1 25 | — | 1.60× | ||
| Q4 24 | — | 1.16× | ||
| Q3 24 | — | 1.19× | ||
| Q2 24 | — | 1.21× | ||
| Q1 24 | — | 1.21× |
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 | $65.0M | $14.5M |
| 自由现金流经营现金流 - 资本支出 | $-330.7M | $1.9M |
| 自由现金流率自由现金流/营收 | -609.0% | 1.9% |
| 资本支出强度资本支出/营收 | 728.7% | 12.7% |
| 现金转化率经营现金流/净利润 | — | 2.72× |
| 过去12个月自由现金流最近4个季度 | $-790.4M | $17.5M |
8季度趋势，按日历期对齐
经营现金流ASTSBBCP
| Q4 25 | $65.0M | $14.5M | ||
| Q3 25 | $-64.5M | $19.1M | ||
| Q2 25 | — | $24.7M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $22.4M | ||
| Q3 24 | — | $35.0M | ||
| Q2 24 | — | $9.1M | ||
| Q1 24 | — | $20.3M |
自由现金流ASTSBBCP
| Q4 25 | $-330.7M | $1.9M | ||
| Q3 25 | $-302.9M | $4.3M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $191.0K | ||
| Q4 24 | — | $16.1M | ||
| Q3 24 | — | $26.4M | ||
| Q2 24 | — | $-1.9M | ||
| Q1 24 | — | $2.5M |
自由现金流率ASTSBBCP
| Q4 25 | -609.0% | 1.9% | ||
| Q3 25 | -2055.0% | 4.6% | ||
| Q2 25 | — | 13.0% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | -1.9% | ||
| Q1 24 | — | 2.8% |
资本支出强度ASTSBBCP
| Q4 25 | 728.7% | 12.7% | ||
| Q3 25 | 1617.6% | 15.7% | ||
| Q2 25 | — | 16.0% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 11.2% | ||
| Q1 24 | — | 19.7% |
现金转化率ASTSBBCP
| Q4 25 | — | 2.72× | ||
| Q3 25 | — | 5.16× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | — | 4.63× | ||
| Q2 24 | — | 3.00× | ||
| Q1 24 | — | — |
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
ASTS
| Products | $44.4M | 82% |
| Other | $7.8M | 14% |
| Sat Co | $2.1M | 4% |
BBCP
| US Concrete Pumping | $72.2M | 73% |
| US Concrete Waste Management Services | $21.3M | 22% |
| Other | $5.4M | 5% |
