vs
AST SpaceMobile, Inc.（ASTS）与FARMER BROTHERS CO（FARM）财务数据对比。点击上方公司名可切换其他公司
FARMER BROTHERS CO的季度营收约是AST SpaceMobile, Inc.的1.6倍（$88.9M vs $54.3M），FARMER BROTHERS CO净利率更高（-5.5% vs -136.2%，领先130.7%），AST SpaceMobile, Inc.同比增速更快（2758.2% vs -1.2%），FARMER BROTHERS CO自由现金流更多（$-2.6M 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。
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
ASTS vs FARM — 直观对比
营收规模更大
FARM
是对方的1.6倍
$54.3M
营收增速更快
ASTS
高出2759.4%
-1.2%
净利率更高
FARM
高出130.7%
-136.2%
自由现金流更多
FARM
多$328.1M
$-330.7M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $54.3M | $88.9M |
| 净利润 | $-74.0M | $-4.9M |
| 毛利率 | — | 36.3% |
| 营业利润率 | -175.0% | -4.7% |
| 净利率 | -136.2% | -5.5% |
| 营收同比 | 2758.2% | -1.2% |
| 净利润同比 | -106.3% | -2417.1% |
| 每股收益（稀释后） | — | $-0.22 |
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ASTSFARM
| Q4 25 | $54.3M | $88.9M | ||
| Q3 25 | $14.7M | $81.6M | ||
| Q2 25 | — | $85.1M | ||
| Q1 25 | — | $82.1M | ||
| Q4 24 | — | $90.0M | ||
| Q3 24 | — | $85.1M | ||
| Q2 24 | — | $84.4M | ||
| Q1 24 | — | $85.4M |
净利润ASTSFARM
| Q4 25 | $-74.0M | $-4.9M | ||
| Q3 25 | $-122.9M | $-4.0M | ||
| Q2 25 | — | $-4.7M | ||
| Q1 25 | — | $-5.0M | ||
| Q4 24 | — | $210.0K | ||
| Q3 24 | — | $-5.0M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $-682.0K |
毛利率ASTSFARM
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 39.7% | ||
| Q2 25 | — | 44.9% | ||
| Q1 25 | — | 42.1% | ||
| Q4 24 | — | 43.1% | ||
| Q3 24 | — | 43.9% | ||
| Q2 24 | — | 38.8% | ||
| Q1 24 | — | 40.1% |
营业利润率ASTSFARM
| Q4 25 | -175.0% | -4.7% | ||
| Q3 25 | -1109.0% | -3.9% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | -4.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | -3.3% | ||
| Q2 24 | — | -4.9% | ||
| Q1 24 | — | -0.5% |
净利率ASTSFARM
| Q4 25 | -136.2% | -5.5% | ||
| Q3 25 | -833.7% | -4.9% | ||
| Q2 25 | — | -5.6% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | -5.9% | ||
| Q2 24 | — | -5.4% | ||
| Q1 24 | — | -0.8% |
每股收益（稀释后）ASTSFARM
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.19 | ||
| Q2 25 | — | $-0.22 | ||
| Q1 25 | — | $-0.23 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $-0.24 | ||
| Q2 24 | — | $-0.23 | ||
| Q1 24 | — | $-0.03 |
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 | $4.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $35.7M |
| 总资产 | $5.0B | $151.4M |
| 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ASTSFARM
| Q4 25 | $4.3B | $4.2M | ||
| Q3 25 | $2.4B | $3.8M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $4.1M | ||
| Q4 24 | — | $5.5M | ||
| Q3 24 | — | $3.3M | ||
| Q2 24 | — | $5.8M | ||
| Q1 24 | — | $5.5M |
股东权益ASTSFARM
| Q4 25 | $2.4B | $35.7M | ||
| Q3 25 | $1.6B | $40.0M | ||
| Q2 25 | — | $43.5M | ||
| Q1 25 | — | $37.3M | ||
| Q4 24 | — | $41.5M | ||
| Q3 24 | — | $40.9M | ||
| Q2 24 | — | $45.5M | ||
| Q1 24 | — | $43.1M |
总资产ASTSFARM
| Q4 25 | $5.0B | $151.4M | ||
| Q3 25 | $2.6B | $158.8M | ||
| Q2 25 | — | $161.2M | ||
| Q1 25 | — | $163.2M | ||
| Q4 24 | — | $179.1M | ||
| Q3 24 | — | $182.0M | ||
| Q2 24 | — | $185.2M | ||
| Q1 24 | — | $179.1M |
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 | $-786.0K |
| 自由现金流经营现金流 - 资本支出 | $-330.7M | $-2.6M |
| 自由现金流率自由现金流/营收 | -609.0% | -2.9% |
| 资本支出强度资本支出/营收 | 728.7% | 2.1% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ASTSFARM
| Q4 25 | $65.0M | $-786.0K | ||
| Q3 25 | $-64.5M | $-5.0M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $2.6M | ||
| Q3 24 | — | $2.5M | ||
| Q2 24 | — | $-995.0K | ||
| Q1 24 | — | $-2.3M |
自由现金流ASTSFARM
| Q4 25 | $-330.7M | $-2.6M | ||
| Q3 25 | $-302.9M | $-6.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-684.0K | ||
| Q4 24 | — | $521.0K | ||
| Q3 24 | — | $-837.0K | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-5.7M |
自由现金流率ASTSFARM
| Q4 25 | -609.0% | -2.9% | ||
| Q3 25 | -2055.0% | -8.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.8% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | -1.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -6.7% |
资本支出强度ASTSFARM
| Q4 25 | 728.7% | 2.1% | ||
| Q3 25 | 1617.6% | 2.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 4.0% |
现金转化率ASTSFARM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 12.16× | ||
| 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% |
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
