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AST SpaceMobile, Inc.（ASTS）与CENTERSPACE（CSR）财务数据对比。点击上方公司名可切换其他公司
CENTERSPACE的季度营收约是AST SpaceMobile, Inc.的1.2倍（$66.6M vs $54.3M），CENTERSPACE净利率更高（-27.7% vs -136.2%，领先108.5%），AST SpaceMobile, Inc.同比增速更快（2758.2% vs 0.3%），CENTERSPACE自由现金流更多（$64.3M 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。
Centerspace是一家专注于多户住宅物业持有、运营与开发的房地产投资企业，核心业务覆盖美国中西部及落基山西部区域，面向不同租户群体提供经济型及高端住宅选择，重视租户体验与资产长期价值增长。
ASTS vs CSR — 直观对比
营收规模更大
CSR
是对方的1.2倍
$54.3M
营收增速更快
ASTS
高出2757.8%
0.3%
净利率更高
CSR
高出108.5%
-136.2%
自由现金流更多
CSR
多$395.0M
$-330.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $54.3M | $66.6M |
| 净利润 | $-74.0M | $-18.4M |
| 毛利率 | — | 96.5% |
| 营业利润率 | -175.0% | -15.9% |
| 净利率 | -136.2% | -27.7% |
| 营收同比 | 2758.2% | 0.3% |
| 净利润同比 | -106.3% | -262.9% |
| 每股收益（稀释后） | — | $-1.08 |
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ASTSCSR
| Q4 25 | $54.3M | $66.6M | ||
| Q3 25 | $14.7M | $71.4M | ||
| Q2 25 | — | $68.5M | ||
| Q1 25 | — | $67.1M | ||
| Q4 24 | — | $66.4M | ||
| Q3 24 | — | $65.0M | ||
| Q2 24 | — | $65.0M | ||
| Q1 24 | — | $64.5M |
净利润ASTSCSR
| Q4 25 | $-74.0M | $-18.4M | ||
| Q3 25 | $-122.9M | $53.8M | ||
| Q2 25 | — | $-14.5M | ||
| Q1 25 | — | $-3.7M | ||
| Q4 24 | — | $-5.1M | ||
| Q3 24 | — | $-1.0M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $-3.9M |
毛利率ASTSCSR
| Q4 25 | — | 96.5% | ||
| Q3 25 | — | 96.5% | ||
| Q2 25 | — | 96.5% | ||
| Q1 25 | — | 96.4% | ||
| Q4 24 | — | 96.5% | ||
| Q3 24 | — | 96.6% | ||
| Q2 24 | — | 96.6% | ||
| Q1 24 | — | 96.4% |
营业利润率ASTSCSR
| Q4 25 | -175.0% | -15.9% | ||
| Q3 25 | -1109.0% | — | ||
| Q2 25 | — | -9.9% | ||
| Q1 25 | — | 7.1% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 6.3% |
净利率ASTSCSR
| Q4 25 | -136.2% | -27.7% | ||
| Q3 25 | -833.7% | 75.3% | ||
| Q2 25 | — | -21.2% | ||
| Q1 25 | — | -5.6% | ||
| Q4 24 | — | -7.6% | ||
| Q3 24 | — | -1.6% | ||
| Q2 24 | — | -2.0% | ||
| Q1 24 | — | -6.1% |
每股收益（稀释后）ASTSCSR
| Q4 25 | — | $-1.08 | ||
| Q3 25 | — | $3.19 | ||
| Q2 25 | — | $-0.87 | ||
| Q1 25 | — | $-0.22 | ||
| Q4 24 | — | $-0.31 | ||
| Q3 24 | — | $-0.40 | ||
| Q2 24 | — | $-0.19 | ||
| Q1 24 | — | $-0.37 |
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 | $12.8M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $2.4B | $719.2M |
| 总资产 | $5.0B | $1.9B |
| 负债/权益比越低杠杆越低 | — | 1.42× |
8季度趋势，按日历期对齐
现金及短期投资ASTSCSR
| Q4 25 | $4.3B | $12.8M | ||
| Q3 25 | $2.4B | $12.9M | ||
| Q2 25 | — | $12.4M | ||
| Q1 25 | — | $11.9M | ||
| Q4 24 | — | $12.0M | ||
| Q3 24 | — | $14.5M | ||
| Q2 24 | — | $14.3M | ||
| Q1 24 | — | $12.7M |
总债务ASTSCSR
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $955.5M | ||
| Q4 24 | — | $955.4M | ||
| Q3 24 | — | $921.3M | ||
| Q2 24 | — | $931.7M | ||
| Q1 24 | — | $929.1M |
股东权益ASTSCSR
| Q4 25 | $2.4B | $719.2M | ||
| Q3 25 | $1.6B | $748.6M | ||
| Q2 25 | — | $710.1M | ||
| Q1 25 | — | $636.8M | ||
| Q4 24 | — | $752.0M | ||
| Q3 24 | — | $672.5M | ||
| Q2 24 | — | $680.7M | ||
| Q1 24 | — | $688.1M |
总资产ASTSCSR
| Q4 25 | $5.0B | $1.9B | ||
| Q3 25 | $2.6B | $2.1B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.9B |
负债/权益比ASTSCSR
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | 1.53× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 1.37× | ||
| Q2 24 | — | 1.37× | ||
| Q1 24 | — | 1.35× |
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 | $98.5M |
| 自由现金流经营现金流 - 资本支出 | $-330.7M | $64.3M |
| 自由现金流率自由现金流/营收 | -609.0% | 96.5% |
| 资本支出强度资本支出/营收 | 728.7% | 51.3% |
| 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 | $-790.4M | $125.9M |
8季度趋势，按日历期对齐
经营现金流ASTSCSR
| Q4 25 | $65.0M | $98.5M | ||
| Q3 25 | $-64.5M | $35.1M | ||
| Q2 25 | — | $25.3M | ||
| Q1 25 | — | $25.4M | ||
| Q4 24 | — | $98.2M | ||
| Q3 24 | — | $32.3M | ||
| Q2 24 | — | $22.9M | ||
| Q1 24 | — | $24.4M |
自由现金流ASTSCSR
| Q4 25 | $-330.7M | $64.3M | ||
| Q3 25 | $-302.9M | $25.7M | ||
| Q2 25 | — | $15.5M | ||
| Q1 25 | — | $20.4M | ||
| Q4 24 | — | $41.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $9.1M | ||
| Q1 24 | — | $2.6M |
自由现金流率ASTSCSR
| Q4 25 | -609.0% | 96.5% | ||
| Q3 25 | -2055.0% | 36.0% | ||
| Q2 25 | — | 22.7% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | — | 62.6% | ||
| Q3 24 | — | 31.5% | ||
| Q2 24 | — | 14.0% | ||
| Q1 24 | — | 4.0% |
资本支出强度ASTSCSR
| Q4 25 | 728.7% | 51.3% | ||
| Q3 25 | 1617.6% | 13.1% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 85.3% | ||
| Q3 24 | — | 18.2% | ||
| Q2 24 | — | 21.2% | ||
| Q1 24 | — | 33.8% |
现金转化率ASTSCSR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
CSR
| Multi Family Residential | $57.3M | 86% |
| Other | $8.1M | 12% |
| Other Property Revenue | $1.2M | 2% |
