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AST SpaceMobile, Inc.（ASTS）与CALIX, INC（CALX）财务数据对比。点击上方公司名可切换其他公司
CALIX, INC的季度营收约是AST SpaceMobile, Inc.的5.2倍（$280.0M vs $54.3M）。CALIX, INC净利率更高（4.0% vs -136.2%，领先140.2%）。AST SpaceMobile, Inc.同比增速更快（2758.2% vs 27.1%）。CALIX, INC自由现金流更多（$6.5M vs $-330.7M）。过去两年AST SpaceMobile, Inc.的营收复合增速更高（942.2% vs 18.9%）
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。
Calix是1999年成立、总部位于美国加利福尼亚州圣何塞的电信企业，专注于提供软件平台、系统及相关服务，为宽带业务的部署落地提供技术支撑，助力运营商为用户提供稳定高效的网络接入服务。
ASTS vs CALX — 直观对比
营收规模更大
CALX
是对方的5.2倍
$54.3M
营收增速更快
ASTS
高出2731.0%
27.1%
净利率更高
CALX
高出140.2%
-136.2%
自由现金流更多
CALX
多$337.2M
$-330.7M
两年增速更快
ASTS
近两年复合增速
18.9%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $54.3M | $280.0M |
| 净利润 | $-74.0M | $11.2M |
| 毛利率 | — | 56.9% |
| 营业利润率 | -175.0% | — |
| 净利率 | -136.2% | 4.0% |
| 营收同比 | 2758.2% | 27.1% |
| 净利润同比 | -106.3% | 334.2% |
| 每股收益（稀释后） | — | $0.16 |
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ASTSCALX
| Q1 26 | — | $280.0M | ||
| Q4 25 | $54.3M | $272.4M | ||
| Q3 25 | $14.7M | $265.4M | ||
| Q2 25 | $1.2M | $241.9M | ||
| Q1 25 | $718.0K | $220.2M | ||
| Q4 24 | $1.9M | $206.1M | ||
| Q3 24 | $1.1M | $200.9M | ||
| Q2 24 | $900.0K | $198.1M |
净利润ASTSCALX
| Q1 26 | — | $11.2M | ||
| Q4 25 | $-74.0M | $7.2M | ||
| Q3 25 | $-122.9M | $15.7M | ||
| Q2 25 | $-99.4M | $-199.0K | ||
| Q1 25 | $-45.7M | $-4.8M | ||
| Q4 24 | $-35.9M | $-17.9M | ||
| Q3 24 | $-171.9M | $-4.0M | ||
| Q2 24 | $-72.5M | $-8.0M |
毛利率ASTSCALX
| Q1 26 | — | 56.9% | ||
| Q4 25 | — | 57.7% | ||
| Q3 25 | — | 57.3% | ||
| Q2 25 | — | 56.3% | ||
| Q1 25 | — | 55.7% | ||
| Q4 24 | — | 55.0% | ||
| Q3 24 | — | 54.8% | ||
| Q2 24 | — | 54.3% |
营业利润率ASTSCALX
| Q1 26 | — | — | ||
| Q4 25 | -175.0% | 3.4% | ||
| Q3 25 | -1109.0% | 6.6% | ||
| Q2 25 | -11692.1% | 0.2% | ||
| Q1 25 | -8838.4% | -2.8% | ||
| Q4 24 | -2733.6% | -9.1% | ||
| Q3 24 | -27494.0% | -5.4% | ||
| Q2 24 | -14568.8% | -5.7% |
净利率ASTSCALX
| Q1 26 | — | 4.0% | ||
| Q4 25 | -136.2% | 2.6% | ||
| Q3 25 | -833.7% | 5.9% | ||
| Q2 25 | -8598.1% | -0.1% | ||
| Q1 25 | -6365.7% | -2.2% | ||
| Q4 24 | -1887.2% | -8.7% | ||
| Q3 24 | -15631.5% | -2.0% | ||
| Q2 24 | -8061.1% | -4.0% |
每股收益（稀释后）ASTSCALX
| Q1 26 | — | $0.16 | ||
| Q4 25 | — | $0.11 | ||
| Q3 25 | — | $0.22 | ||
| Q2 25 | — | $0.00 | ||
| Q1 25 | — | $-0.07 | ||
| Q4 24 | — | $-0.27 | ||
| Q3 24 | — | $-0.06 | ||
| Q2 24 | — | $-0.12 |
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 | $54.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $738.0M |
| 总资产 | $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ASTSCALX
| Q1 26 | — | $54.6M | ||
| Q4 25 | $4.3B | $143.1M | ||
| Q3 25 | $2.4B | $95.0M | ||
| Q2 25 | $1.7B | $76.5M | ||
| Q1 25 | $1.7B | $42.3M | ||
| Q4 24 | $1.1B | $43.2M | ||
| Q3 24 | $946.7M | $62.4M | ||
| Q2 24 | $544.5M | $84.5M |
股东权益ASTSCALX
| Q1 26 | — | $738.0M | ||
| Q4 25 | $2.4B | $859.2M | ||
| Q3 25 | $1.6B | $822.5M | ||
| Q2 25 | $1.2B | $772.7M | ||
| Q1 25 | $766.7M | $767.2M | ||
| Q4 24 | $669.1M | $780.9M | ||
| Q3 24 | $502.8M | $778.7M | ||
| Q2 24 | $241.9M | $754.2M |
总资产ASTSCALX
| Q1 26 | — | — | ||
| Q4 25 | $5.0B | $1.1B | ||
| Q3 25 | $2.6B | $976.4M | ||
| Q2 25 | $1.9B | $921.4M | ||
| Q1 25 | $1.4B | $917.1M | ||
| Q4 24 | $954.6M | $939.3M | ||
| Q3 24 | $821.6M | $937.5M | ||
| Q2 24 | $579.6M | $917.9M |
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 | $14.6M |
| 自由现金流经营现金流 - 资本支出 | $-330.7M | $6.5M |
| 自由现金流率自由现金流/营收 | -609.0% | 2.3% |
| 资本支出强度资本支出/营收 | 728.7% | — |
| 现金转化率经营现金流/净利润 | — | 1.31× |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $109.1M |
8季度趋势，按日历期对齐
经营现金流ASTSCALX
| Q1 26 | — | $14.6M | ||
| Q4 25 | $65.0M | $46.0M | ||
| Q3 25 | $-64.5M | $32.3M | ||
| Q2 25 | $-43.5M | $39.4M | ||
| Q1 25 | $-28.5M | $17.2M | ||
| Q4 24 | $-28.4M | $15.4M | ||
| Q3 24 | $-33.4M | $16.0M | ||
| Q2 24 | $-16.2M | $22.3M |
自由现金流ASTSCALX
| Q1 26 | — | $6.5M | ||
| Q4 25 | $-330.7M | $40.3M | ||
| Q3 25 | $-302.9M | $26.7M | ||
| Q2 25 | $-353.6M | $35.6M | ||
| Q1 25 | $-149.0M | $12.9M | ||
| Q4 24 | $-110.5M | $10.2M | ||
| Q3 24 | $-63.8M | $12.8M | ||
| Q2 24 | $-38.4M | $16.4M |
自由现金流率ASTSCALX
| Q1 26 | — | 2.3% | ||
| Q4 25 | -609.0% | 14.8% | ||
| Q3 25 | -2055.0% | 10.1% | ||
| Q2 25 | -30592.0% | 14.7% | ||
| Q1 25 | -20752.4% | 5.9% | ||
| Q4 24 | -5814.3% | 5.0% | ||
| Q3 24 | -5795.8% | 6.3% | ||
| Q2 24 | -4261.6% | 8.3% |
资本支出强度ASTSCALX
| Q1 26 | — | — | ||
| Q4 25 | 728.7% | 2.1% | ||
| Q3 25 | 1617.6% | 2.1% | ||
| Q2 25 | 26831.0% | 1.5% | ||
| Q1 25 | 16776.6% | 2.0% | ||
| Q4 24 | 4317.5% | 2.5% | ||
| Q3 24 | 2756.8% | 1.6% | ||
| Q2 24 | 2466.9% | 3.0% |
现金转化率ASTSCALX
| Q1 26 | — | 1.31× | ||
| Q4 25 | — | 6.38× | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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% |
CALX
| Appliance | $232.8M | 83% |
| Software and service | $47.1M | 17% |
