vs
Ecovyst Inc.（ECVT）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Ecovyst Inc.的1.1倍（$219.1M vs $199.4M），Ecovyst Inc.同比增速更快（34.0% vs 1.9%），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 4.4%）
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
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。
ECVT vs IRDM — 直观对比
营收规模更大
IRDM
是对方的1.1倍
$199.4M
营收增速更快
ECVT
高出32.0%
1.9%
两年增速更快
ECVT
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $219.1M |
| 净利润 | — | $21.6M |
| 毛利率 | 23.4% | — |
| 营业利润率 | 10.9% | 23.2% |
| 净利率 | — | 9.9% |
| 营收同比 | 34.0% | 1.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.06 | — |
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ECVTIRDM
| Q1 26 | — | $219.1M | ||
| Q4 25 | $199.4M | $212.9M | ||
| Q3 25 | $204.9M | $226.9M | ||
| Q2 25 | $176.1M | $216.9M | ||
| Q1 25 | $143.1M | $214.9M | ||
| Q4 24 | $148.9M | $213.0M | ||
| Q3 24 | $153.9M | $212.8M | ||
| Q2 24 | $154.0M | $201.1M |
净利润ECVTIRDM
| Q1 26 | — | $21.6M | ||
| Q4 25 | — | $24.9M | ||
| Q3 25 | $-79.3M | $37.1M | ||
| Q2 25 | $6.0M | $22.0M | ||
| Q1 25 | $-3.6M | $30.4M | ||
| Q4 24 | — | $36.3M | ||
| Q3 24 | $14.3M | $24.4M | ||
| Q2 24 | $8.3M | $32.3M |
毛利率ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | 23.4% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 29.3% | — | ||
| Q2 24 | 27.3% | — |
营业利润率ECVTIRDM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 10.9% | 25.9% | ||
| Q3 25 | 13.8% | 30.9% | ||
| Q2 25 | 9.0% | 23.2% | ||
| Q1 25 | -0.7% | 28.1% | ||
| Q4 24 | 15.1% | 24.5% | ||
| Q3 24 | 17.9% | 25.8% | ||
| Q2 24 | 14.1% | 21.7% |
净利率ECVTIRDM
| Q1 26 | — | 9.9% | ||
| Q4 25 | — | 11.7% | ||
| Q3 25 | -38.7% | 16.4% | ||
| Q2 25 | 3.4% | 10.1% | ||
| Q1 25 | -2.5% | 14.2% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | 9.3% | 11.5% | ||
| Q2 24 | 5.4% | 16.1% |
每股收益（稀释后）ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $0.06 | $0.24 | ||
| Q3 25 | $-0.69 | $0.35 | ||
| Q2 25 | $0.05 | $0.20 | ||
| Q1 25 | $-0.03 | $0.27 | ||
| Q4 24 | $-0.26 | $0.30 | ||
| Q3 24 | $0.12 | $0.21 | ||
| Q2 24 | $0.07 | $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 | $197.2M | — |
| 总债务越低越好 | $392.6M | — |
| 股东权益账面价值 | $603.4M | — |
| 总资产 | $1.3B | — |
| 负债/权益比越低杠杆越低 | 0.65× | — |
8季度趋势，按日历期对齐
现金及短期投资ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $197.2M | $96.5M | ||
| Q3 25 | $82.0M | $88.5M | ||
| Q2 25 | $69.6M | $79.3M | ||
| Q1 25 | $127.5M | $50.9M | ||
| Q4 24 | $131.4M | $93.5M | ||
| Q3 24 | $123.5M | $159.6M | ||
| Q2 24 | $83.3M | $63.5M |
总债务ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $392.6M | $1.8B | ||
| Q3 25 | $854.8M | — | ||
| Q2 25 | $856.6M | — | ||
| Q1 25 | $859.0M | — | ||
| Q4 24 | $860.8M | $1.8B | ||
| Q3 24 | $862.7M | — | ||
| Q2 24 | $862.4M | — |
股东权益ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $603.4M | $462.6M | ||
| Q3 25 | $607.9M | $450.5M | ||
| Q2 25 | $692.4M | $473.6M | ||
| Q1 25 | $698.7M | $518.4M | ||
| Q4 24 | $700.5M | $576.6M | ||
| Q3 24 | $729.4M | $663.8M | ||
| Q2 24 | $717.3M | $786.7M |
总资产ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $2.5B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $1.8B | $2.7B | ||
| Q3 24 | $1.8B | $2.8B | ||
| Q2 24 | $1.8B | $2.7B |
负债/权益比ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | 0.65× | 3.80× | ||
| Q3 25 | 1.41× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.23× | 3.05× | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.20× | — |
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 | $41.8M | — |
| 自由现金流经营现金流 - 资本支出 | $22.9M | — |
| 自由现金流率自由现金流/营收 | 11.5% | — |
| 资本支出强度资本支出/营收 | 9.4% | 13.7% |
| 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 | $69.9M | — |
8季度趋势，按日历期对齐
经营现金流ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $41.8M | $108.6M | ||
| Q3 25 | $55.3M | $100.8M | ||
| Q2 25 | $33.0M | $129.6M | ||
| Q1 25 | $10.3M | $61.1M | ||
| Q4 24 | $43.5M | $104.8M | ||
| Q3 24 | $59.9M | $118.6M | ||
| Q2 24 | $10.0M | $81.1M |
自由现金流ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $75.1M | ||
| Q3 25 | $53.2M | $79.2M | ||
| Q2 25 | $7.8M | $108.9M | ||
| Q1 25 | $-14.0M | $36.5M | ||
| Q4 24 | $30.9M | $80.5M | ||
| Q3 24 | $53.6M | $100.0M | ||
| Q2 24 | $-9.3M | $68.7M |
自由现金流率ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | 35.3% | ||
| Q3 25 | 26.0% | 34.9% | ||
| Q2 25 | 4.4% | 50.2% | ||
| Q1 25 | -9.8% | 17.0% | ||
| Q4 24 | 20.7% | 37.8% | ||
| Q3 24 | 34.9% | 47.0% | ||
| Q2 24 | -6.1% | 34.2% |
资本支出强度ECVTIRDM
| Q1 26 | — | 13.7% | ||
| Q4 25 | 9.4% | 15.7% | ||
| Q3 25 | 1.0% | 9.5% | ||
| Q2 25 | 14.4% | 9.5% | ||
| Q1 25 | 16.9% | 11.4% | ||
| Q4 24 | 8.5% | 11.4% | ||
| Q3 24 | 4.1% | 8.7% | ||
| Q2 24 | 12.5% | 6.2% |
现金转化率ECVTIRDM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.37× | ||
| Q3 25 | — | 2.71× | ||
| Q2 25 | 5.52× | 5.90× | ||
| Q1 25 | — | 2.01× | ||
| Q4 24 | — | 2.88× | ||
| Q3 24 | 4.21× | 4.85× | ||
| Q2 24 | 1.20× | 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
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
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% |
