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PATHWARD FINANCIAL, INC.（CASH）与铱星通信（IRDM）财务数据对比。点击上方公司名可切换其他公司
铱星通信的季度营收约是PATHWARD FINANCIAL, INC.的1.3倍（$219.1M vs $173.1M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs 9.9%，领先10.5%），铱星通信同比增速更快（1.9% vs -0.2%），过去两年铱星通信的营收复合增速更高（4.4% vs -18.0%）
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
铱星通信是一家总部位于美国弗吉尼亚州麦克莱恩的上市企业，运营着由80颗卫星组成的铱星星座，其中66颗为工作星，14颗为在轨备用星。其卫星网络支持手持卫星电话、卫星通信终端及集成收发设备实现全球范围的语音和数据传输，还可提供双向卫星消息服务，满足全球各场景的通信需求。
CASH vs IRDM — 直观对比
营收规模更大
IRDM
是对方的1.3倍
$173.1M
营收增速更快
IRDM
高出2.2%
-0.2%
净利率更高
CASH
高出10.5%
9.9%
两年增速更快
IRDM
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $219.1M |
| 净利润 | $35.2M | $21.6M |
| 毛利率 | — | — |
| 营业利润率 | 24.6% | 23.2% |
| 净利率 | 20.3% | 9.9% |
| 营收同比 | -0.2% | 1.9% |
| 净利润同比 | 11.9% | — |
| 每股收益（稀释后） | $1.57 | — |
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CASHIRDM
| Q1 26 | — | $219.1M | ||
| Q4 25 | $173.1M | $212.9M | ||
| Q3 25 | $186.7M | $226.9M | ||
| Q2 25 | $195.8M | $216.9M | ||
| Q1 25 | $274.8M | $214.9M | ||
| Q4 24 | $182.6M | $213.0M | ||
| Q3 24 | $179.5M | $212.8M | ||
| Q2 24 | $188.6M | $201.1M |
净利润CASHIRDM
| Q1 26 | — | $21.6M | ||
| Q4 25 | $35.2M | $24.9M | ||
| Q3 25 | $38.8M | $37.1M | ||
| Q2 25 | $42.1M | $22.0M | ||
| Q1 25 | $75.0M | $30.4M | ||
| Q4 24 | $30.0M | $36.3M | ||
| Q3 24 | $33.5M | $24.4M | ||
| Q2 24 | $44.9M | $32.3M |
营业利润率CASHIRDM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 24.6% | 25.9% | ||
| Q3 25 | 25.9% | 30.9% | ||
| Q2 25 | 24.1% | 23.2% | ||
| Q1 25 | 33.2% | 28.1% | ||
| Q4 24 | 19.8% | 24.5% | ||
| Q3 24 | 20.9% | 25.8% | ||
| Q2 24 | 27.1% | 21.7% |
净利率CASHIRDM
| Q1 26 | — | 9.9% | ||
| Q4 25 | 20.3% | 11.7% | ||
| Q3 25 | 20.8% | 16.4% | ||
| Q2 25 | 21.5% | 10.1% | ||
| Q1 25 | 27.3% | 14.2% | ||
| Q4 24 | 16.4% | 17.1% | ||
| Q3 24 | 18.7% | 11.5% | ||
| Q2 24 | 23.8% | 16.1% |
每股收益（稀释后）CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $1.57 | $0.24 | ||
| Q3 25 | $1.69 | $0.35 | ||
| Q2 25 | $1.81 | $0.20 | ||
| Q1 25 | $3.14 | $0.27 | ||
| Q4 24 | $1.23 | $0.30 | ||
| Q3 24 | $1.34 | $0.21 | ||
| Q2 24 | $1.78 | $0.27 |
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 | $331.2M | — |
| 总债务越低越好 | $33.5M | — |
| 股东权益账面价值 | $854.5M | — |
| 总资产 | $7.6B | — |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $331.2M | $96.5M | ||
| Q3 25 | $120.6M | $88.5M | ||
| Q2 25 | $258.3M | $79.3M | ||
| Q1 25 | $254.2M | $50.9M | ||
| Q4 24 | $597.4M | $93.5M | ||
| Q3 24 | $158.3M | $159.6M | ||
| Q2 24 | $298.9M | $63.5M |
总债务CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $33.5M | $1.8B | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | — | ||
| Q4 24 | $33.4M | $1.8B | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — |
股东权益CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $854.5M | $462.6M | ||
| Q3 25 | $858.0M | $450.5M | ||
| Q2 25 | $819.0M | $473.6M | ||
| Q1 25 | $814.7M | $518.4M | ||
| Q4 24 | $758.3M | $576.6M | ||
| Q3 24 | $822.5M | $663.8M | ||
| Q2 24 | $748.4M | $786.7M |
总资产CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $7.6B | $2.5B | ||
| Q3 25 | $7.2B | $2.6B | ||
| Q2 25 | $7.2B | $2.6B | ||
| Q1 25 | $7.0B | $2.6B | ||
| Q4 24 | $7.6B | $2.7B | ||
| Q3 24 | $7.5B | $2.8B | ||
| Q2 24 | $7.5B | $2.7B |
负债/权益比CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | 0.04× | 3.80× | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | 3.05× | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — |
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 | $108.3M | — |
| 自由现金流经营现金流 - 资本支出 | $104.1M | — |
| 自由现金流率自由现金流/营收 | 60.1% | — |
| 资本支出强度资本支出/营收 | 2.4% | 13.7% |
| 现金转化率经营现金流/净利润 | 3.08× | — |
| 过去12个月自由现金流最近4个季度 | $616.8M | — |
8季度趋势，按日历期对齐
经营现金流CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $108.6M | ||
| Q3 25 | $303.7M | $100.8M | ||
| Q2 25 | $30.4M | $129.6M | ||
| Q1 25 | $188.3M | $61.1M | ||
| Q4 24 | $-71.7M | $104.8M | ||
| Q3 24 | $143.1M | $118.6M | ||
| Q2 24 | $113.2M | $81.1M |
自由现金流CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $75.1M | ||
| Q3 25 | $300.3M | $79.2M | ||
| Q2 25 | $27.7M | $108.9M | ||
| Q1 25 | $184.7M | $36.5M | ||
| Q4 24 | $-73.8M | $80.5M | ||
| Q3 24 | $138.8M | $100.0M | ||
| Q2 24 | $111.0M | $68.7M |
自由现金流率CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 35.3% | ||
| Q3 25 | 160.9% | 34.9% | ||
| Q2 25 | 14.1% | 50.2% | ||
| Q1 25 | 67.2% | 17.0% | ||
| Q4 24 | -40.4% | 37.8% | ||
| Q3 24 | 77.3% | 47.0% | ||
| Q2 24 | 58.8% | 34.2% |
资本支出强度CASHIRDM
| Q1 26 | — | 13.7% | ||
| Q4 25 | 2.4% | 15.7% | ||
| Q3 25 | 1.8% | 9.5% | ||
| Q2 25 | 1.4% | 9.5% | ||
| Q1 25 | 1.3% | 11.4% | ||
| Q4 24 | 1.1% | 11.4% | ||
| Q3 24 | 2.4% | 8.7% | ||
| Q2 24 | 1.2% | 6.2% |
现金转化率CASHIRDM
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 4.37× | ||
| Q3 25 | 7.83× | 2.71× | ||
| Q2 25 | 0.72× | 5.90× | ||
| Q1 25 | 2.51× | 2.01× | ||
| Q4 24 | -2.39× | 2.88× | ||
| Q3 24 | 4.27× | 4.85× | ||
| Q2 24 | 2.52× | 2.51× |
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
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
