vs
AST SpaceMobile, Inc.（ASTS）与合众银行（FSBC）财务数据对比。点击上方公司名可切换其他公司
AST SpaceMobile, Inc.的季度营收约是合众银行的1.2倍（$54.3M vs $45.1M），合众银行净利率更高（41.3% vs -136.2%，领先177.5%）
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。
合众银行是总部设在美国明尼阿波利斯、在特拉华州注册的美国跨国银行机构，截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的银行。它旗下核心运营实体为美国银行全国协会，以US Bank品牌开展业务，提供银行、投资、抵押等金融服务。
ASTS vs FSBC — 直观对比
营收规模更大
ASTS
是对方的1.2倍
$45.1M
净利率更高
FSBC
高出177.5%
-136.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $54.3M | $45.1M |
| 净利润 | $-74.0M | $18.6M |
| 毛利率 | — | — |
| 营业利润率 | -175.0% | — |
| 净利率 | -136.2% | 41.3% |
| 营收同比 | 2758.2% | — |
| 净利润同比 | -106.3% | 42.0% |
| 每股收益（稀释后） | — | $0.87 |
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ASTSFSBC
| Q1 26 | — | $45.1M | ||
| Q4 25 | $54.3M | $43.5M | ||
| Q3 25 | $14.7M | $41.3M | ||
| Q2 25 | — | $38.3M | ||
| Q1 25 | — | $35.3M | ||
| Q4 24 | — | $35.2M | ||
| Q3 24 | — | $31.8M | ||
| Q2 24 | — | $30.7M |
净利润ASTSFSBC
| Q1 26 | — | $18.6M | ||
| Q4 25 | $-74.0M | $17.6M | ||
| Q3 25 | $-122.9M | $16.3M | ||
| Q2 25 | — | $14.5M | ||
| Q1 25 | — | $13.1M | ||
| Q4 24 | — | $13.3M | ||
| Q3 24 | — | $10.9M | ||
| Q2 24 | — | $10.8M |
营业利润率ASTSFSBC
| Q1 26 | — | — | ||
| Q4 25 | -175.0% | 52.9% | ||
| Q3 25 | -1109.0% | 53.8% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 55.1% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 49.4% |
净利率ASTSFSBC
| Q1 26 | — | 41.3% | ||
| Q4 25 | -136.2% | 40.6% | ||
| Q3 25 | -833.7% | 39.6% | ||
| Q2 25 | — | 37.9% | ||
| Q1 25 | — | 37.1% | ||
| Q4 24 | — | 37.9% | ||
| Q3 24 | — | 34.4% | ||
| Q2 24 | — | 35.2% |
每股收益（稀释后）ASTSFSBC
| Q1 26 | — | $0.87 | ||
| Q4 25 | — | $0.83 | ||
| Q3 25 | — | $0.77 | ||
| Q2 25 | — | $0.68 | ||
| Q1 25 | — | $0.62 | ||
| Q4 24 | — | $0.61 | ||
| Q3 24 | — | $0.52 | ||
| Q2 24 | — | $0.51 |
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 | $644.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $458.5M |
| 总资产 | $5.0B | $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ASTSFSBC
| Q1 26 | — | $644.4M | ||
| Q4 25 | $4.3B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ASTSFSBC
| Q1 26 | — | $458.5M | ||
| Q4 25 | $2.4B | $445.8M | ||
| Q3 25 | $1.6B | $431.3M | ||
| Q2 25 | — | $416.7M | ||
| Q1 25 | — | $406.5M | ||
| Q4 24 | — | $396.6M | ||
| Q3 24 | — | $389.9M | ||
| Q2 24 | — | $380.5M |
总资产ASTSFSBC
| Q1 26 | — | $5.0B | ||
| Q4 25 | $5.0B | $4.8B | ||
| Q3 25 | $2.6B | $4.6B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.6B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-330.7M | — |
| 自由现金流率自由现金流/营收 | -609.0% | — |
| 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 | — | — |
| 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ASTSFSBC
| Q1 26 | — | — | ||
| Q4 25 | $65.0M | $72.6M | ||
| Q3 25 | $-64.5M | $18.8M | ||
| Q2 25 | — | $17.8M | ||
| Q1 25 | — | $15.5M | ||
| Q4 24 | — | $51.8M | ||
| Q3 24 | — | $17.5M | ||
| Q2 24 | — | $16.0M |
自由现金流ASTSFSBC
| Q1 26 | — | — | ||
| Q4 25 | $-330.7M | $71.4M | ||
| Q3 25 | $-302.9M | $18.6M | ||
| Q2 25 | — | $17.5M | ||
| Q1 25 | — | $15.4M | ||
| Q4 24 | — | $51.2M | ||
| Q3 24 | — | $17.3M | ||
| Q2 24 | — | $15.8M |
自由现金流率ASTSFSBC
| Q1 26 | — | — | ||
| Q4 25 | -609.0% | 164.3% | ||
| Q3 25 | -2055.0% | 45.0% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 43.5% | ||
| Q4 24 | — | 145.5% | ||
| Q3 24 | — | 54.5% | ||
| Q2 24 | — | 51.6% |
资本支出强度ASTSFSBC
| Q1 26 | — | — | ||
| Q4 25 | 728.7% | 2.8% | ||
| Q3 25 | 1617.6% | 0.5% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.7% |
现金转化率ASTSFSBC
| Q1 26 | — | — | ||
| Q4 25 | — | 4.12× | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | — | 3.89× | ||
| Q3 24 | — | 1.60× | ||
| Q2 24 | — | 1.49× |
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% |
FSBC
| Net Interest Income | $43.5M | 96% |
| Noninterest Income | $1.6M | 4% |
