vs
AST SpaceMobile, Inc.（ASTS）与READING INTERNATIONAL INC（RDI）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READING INTERNATIONAL INC的1.1倍（$54.3M vs $50.3M），READING INTERNATIONAL INC净利率更高（-5.1% vs -136.2%，领先131.1%），AST SpaceMobile, Inc.同比增速更快（2758.2% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M 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。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
ASTS vs RDI — 直观对比
营收规模更大
ASTS
是对方的1.1倍
$50.3M
营收增速更快
ASTS
高出2772.3%
-14.2%
净利率更高
RDI
高出131.1%
-136.2%
自由现金流更多
RDI
多$334.8M
$-330.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $54.3M | $50.3M |
| 净利润 | $-74.0M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | -175.0% | -1.9% |
| 净利率 | -136.2% | -5.1% |
| 营收同比 | 2758.2% | -14.2% |
| 净利润同比 | -106.3% | -14.5% |
| 每股收益（稀释后） | — | $-0.11 |
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ASTSRDI
| Q4 25 | $54.3M | $50.3M | ||
| Q3 25 | $14.7M | $52.2M | ||
| Q2 25 | — | $60.4M | ||
| Q1 25 | — | $40.2M | ||
| Q4 24 | — | $58.6M | ||
| Q3 24 | — | $60.1M | ||
| Q2 24 | — | $46.8M | ||
| Q1 24 | — | $45.1M |
净利润ASTSRDI
| Q4 25 | $-74.0M | $-2.6M | ||
| Q3 25 | $-122.9M | $-4.2M | ||
| Q2 25 | — | $-2.7M | ||
| Q1 25 | — | $-4.8M | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-12.8M | ||
| Q1 24 | — | $-13.2M |
营业利润率ASTSRDI
| Q4 25 | -175.0% | -1.9% | ||
| Q3 25 | -1109.0% | -0.6% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -17.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | -16.4% | ||
| Q1 24 | — | -16.7% |
净利率ASTSRDI
| Q4 25 | -136.2% | -5.1% | ||
| Q3 25 | -833.7% | -8.0% | ||
| Q2 25 | — | -4.4% | ||
| Q1 25 | — | -11.8% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | — | -11.7% | ||
| Q2 24 | — | -27.4% | ||
| Q1 24 | — | -29.4% |
每股收益（稀释后）ASTSRDI
| Q4 25 | — | $-0.11 | ||
| Q3 25 | — | $-0.18 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | — | $-0.31 | ||
| Q2 24 | — | $-0.57 | ||
| Q1 24 | — | $-0.59 |
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 | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $2.4B | $-18.2M |
| 总资产 | $5.0B | $434.9M |
| 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ASTSRDI
| Q4 25 | $4.3B | $10.5M | ||
| Q3 25 | $2.4B | $8.1M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $12.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
总债务ASTSRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ASTSRDI
| Q4 25 | $2.4B | $-18.2M | ||
| Q3 25 | $1.6B | $-12.1M | ||
| Q2 25 | — | $-7.7M | ||
| Q1 25 | — | $-8.1M | ||
| Q4 24 | — | $-4.4M | ||
| Q3 24 | — | $1.6M | ||
| Q2 24 | — | $6.5M | ||
| Q1 24 | — | $18.0M |
总资产ASTSRDI
| Q4 25 | $5.0B | $434.9M | ||
| Q3 25 | $2.6B | $435.2M | ||
| Q2 25 | — | $438.1M | ||
| Q1 25 | — | $441.0M | ||
| Q4 24 | — | $471.0M | ||
| Q3 24 | — | $495.7M | ||
| Q2 24 | — | $494.9M | ||
| Q1 24 | — | $494.9M |
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 | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-330.7M | $4.1M |
| 自由现金流率自由现金流/营收 | -609.0% | 8.2% |
| 资本支出强度资本支出/营收 | 728.7% | 0.3% |
| 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 | $-2.9M |
8季度趋势，按日历期对齐
经营现金流ASTSRDI
| Q4 25 | $65.0M | $4.3M | ||
| Q3 25 | $-64.5M | $295.0K | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $-10.4M | ||
| Q1 24 | — | $-2.8M |
自由现金流ASTSRDI
| Q4 25 | $-330.7M | $4.1M | ||
| Q3 25 | $-302.9M | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-4.7M |
自由现金流率ASTSRDI
| Q4 25 | -609.0% | 8.2% | ||
| Q3 25 | -2055.0% | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% | ||
| Q1 24 | — | -10.4% |
资本支出强度ASTSRDI
| Q4 25 | 728.7% | 0.3% | ||
| Q3 25 | 1617.6% | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 4.3% |
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% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
