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Fidelity National Information Services（FIS）与EchoStar CORP（SATS）财务数据对比。点击上方公司名可切换其他公司
EchoStar CORP的季度营收约是Fidelity National Information Services的1.3倍（$3.8B vs $2.8B），Fidelity National Information Services净利率更高（18.2% vs -31.8%，领先50.0%），Fidelity National Information Services同比增速更快（8.1% vs -4.3%），Fidelity National Information Services自由现金流更多（$739.0M vs $-583.4M），过去两年Fidelity National Information Services的营收复合增速更高（6.8% vs -2.8%）
FIS是总部位于美国的跨国企业，深耕金融科技领域，提供多元金融产品及服务。该公司每年处理约750亿笔交易，支撑约9万亿美元的资金流转，为全球超过2万家客户提供服务。
EchoStar Corp曾于2004年至2011年与TiVo公司发生专利纠纷，TiVo主张前者侵犯其DVR技术相关专利。该案先后由美国得克萨斯州东区联邦地区法院、联邦巡回上诉法院审理，涉及专利侵权判定、禁令条款、侵权产品改造、藐视法庭裁定及处罚等多个争议点。
FIS vs SATS — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $3.8B |
| 净利润 | $511.0M | $-1.2B |
| 毛利率 | 38.3% | — |
| 营业利润率 | 18.8% | -20.5% |
| 净利率 | 18.2% | -31.8% |
| 营收同比 | 8.1% | -4.3% |
| 净利润同比 | 97.3% | -460.1% |
| 每股收益（稀释后） | $0.98 | $-4.27 |
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
| Q4 25 | $2.8B | $3.8B | ||
| Q3 25 | $2.7B | $3.6B | ||
| Q2 25 | $2.6B | $3.7B | ||
| Q1 25 | $2.5B | $3.9B | ||
| Q4 24 | $2.6B | $4.0B | ||
| Q3 24 | $2.6B | $3.9B | ||
| Q2 24 | $2.5B | $4.0B | ||
| Q1 24 | $2.5B | $4.0B |
| Q4 25 | $511.0M | $-1.2B | ||
| Q3 25 | $264.0M | $-12.8B | ||
| Q2 25 | $-470.0M | $-306.1M | ||
| Q1 25 | $77.0M | $-202.7M | ||
| Q4 24 | $259.0M | $335.2M | ||
| Q3 24 | $224.0M | $-141.8M | ||
| Q2 24 | $243.0M | $-205.6M | ||
| Q1 24 | $724.0M | $-107.4M |
| Q4 25 | 38.3% | — | ||
| Q3 25 | 37.8% | — | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 34.7% | — | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 38.0% | — | ||
| Q2 24 | 38.2% | — | ||
| Q1 24 | 37.1% | — |
| Q4 25 | 18.8% | -20.5% | ||
| Q3 25 | 16.8% | -460.5% | ||
| Q2 25 | 15.6% | -5.7% | ||
| Q1 25 | 13.7% | -2.3% | ||
| Q4 24 | 18.5% | -1.6% | ||
| Q3 24 | 19.1% | -4.1% | ||
| Q2 24 | 15.2% | -1.7% | ||
| Q1 24 | 14.6% | -0.4% |
| Q4 25 | 18.2% | -31.8% | ||
| Q3 25 | 9.7% | -353.6% | ||
| Q2 25 | -18.0% | -8.2% | ||
| Q1 25 | 3.0% | -5.2% | ||
| Q4 24 | 10.0% | 8.5% | ||
| Q3 24 | 8.7% | -3.6% | ||
| Q2 24 | 9.8% | -5.2% | ||
| Q1 24 | 29.3% | -2.7% |
| Q4 25 | $0.98 | $-4.27 | ||
| Q3 25 | $0.50 | $-44.37 | ||
| Q2 25 | $-0.90 | $-1.06 | ||
| Q1 25 | $0.15 | $-0.71 | ||
| Q4 24 | $0.51 | $1.24 | ||
| Q3 24 | $0.41 | $-0.52 | ||
| Q2 24 | $0.44 | $-0.76 | ||
| Q1 24 | $1.25 | $-0.40 |
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 | $599.0M | $3.0B |
| 总债务越低越好 | $9.1B | $18.7B |
| 股东权益账面价值 | $13.9B | $5.8B |
| 总资产 | $33.5B | $43.0B |
| 负债/权益比越低杠杆越低 | 0.65× | 3.24× |
8季度趋势，按日历期对齐
| Q4 25 | $599.0M | $3.0B | ||
| Q3 25 | $571.0M | $3.9B | ||
| Q2 25 | $581.0M | $4.3B | ||
| Q1 25 | $805.0M | $5.1B | ||
| Q4 24 | $834.0M | $5.5B | ||
| Q3 24 | $1.3B | $674.4M | ||
| Q2 24 | $2.1B | $520.6M | ||
| Q1 24 | $3.3B | $766.4M |
| Q4 25 | $9.1B | $18.7B | ||
| Q3 25 | $8.9B | $21.8B | ||
| Q2 25 | $8.9B | $25.4B | ||
| Q1 25 | $8.7B | $25.3B | ||
| Q4 24 | $9.7B | $25.7B | ||
| Q3 24 | $10.5B | — | ||
| Q2 24 | $10.6B | — | ||
| Q1 24 | $10.6B | $951.0M |
| Q4 25 | $13.9B | $5.8B | ||
| Q3 25 | $13.9B | $7.0B | ||
| Q2 25 | $14.2B | $19.7B | ||
| Q1 25 | $15.1B | $20.0B | ||
| Q4 24 | $15.7B | $20.2B | ||
| Q3 24 | $16.6B | $19.4B | ||
| Q2 24 | $17.0B | $19.6B | ||
| Q1 24 | $18.0B | $19.8B |
| Q4 25 | $33.5B | $43.0B | ||
| Q3 25 | $33.0B | $45.3B | ||
| Q2 25 | $33.4B | $59.9B | ||
| Q1 25 | $32.8B | $60.6B | ||
| Q4 24 | $33.8B | $60.9B | ||
| Q3 24 | $34.3B | $57.5B | ||
| Q2 24 | $34.6B | $55.3B | ||
| Q1 24 | $35.9B | $55.6B |
| Q4 25 | 0.65× | 3.24× | ||
| Q3 25 | 0.64× | 3.13× | ||
| Q2 25 | 0.63× | 1.29× | ||
| Q1 25 | 0.57× | 1.27× | ||
| Q4 24 | 0.62× | 1.27× | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.59× | 0.05× |
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 | $758.0M | $-425.3M |
| 自由现金流经营现金流 - 资本支出 | $739.0M | $-583.4M |
| 自由现金流率自由现金流/营收 | 26.3% | -15.4% |
| 资本支出强度资本支出/营收 | 0.7% | 4.2% |
| 现金转化率经营现金流/净利润 | 1.48× | — |
| 过去12个月自由现金流最近4个季度 | $2.5B | $-1.1B |
8季度趋势，按日历期对齐
| Q4 25 | $758.0M | $-425.3M | ||
| Q3 25 | $1.0B | $111.7M | ||
| Q2 25 | $382.0M | $7.5M | ||
| Q1 25 | $457.0M | $206.8M | ||
| Q4 24 | $782.0M | $45.6M | ||
| Q3 24 | $641.0M | $276.2M | ||
| Q2 24 | $546.0M | $479.7M | ||
| Q1 24 | $206.0M | $451.3M |
| Q4 25 | $739.0M | $-583.4M | ||
| Q3 25 | $952.0M | $-144.4M | ||
| Q2 25 | $343.0M | $-285.7M | ||
| Q1 25 | $420.0M | $-51.7M | ||
| Q4 24 | $764.0M | $-298.7M | ||
| Q3 24 | $605.0M | $-57.5M | ||
| Q2 24 | $530.0M | $132.4M | ||
| Q1 24 | $179.0M | $-68.4M |
| Q4 25 | 26.3% | -15.4% | ||
| Q3 25 | 35.0% | -4.0% | ||
| Q2 25 | 13.1% | -7.7% | ||
| Q1 25 | 16.6% | -1.3% | ||
| Q4 24 | 29.4% | -7.5% | ||
| Q3 24 | 23.5% | -1.5% | ||
| Q2 24 | 21.3% | 3.3% | ||
| Q1 24 | 7.3% | -1.7% |
| Q4 25 | 0.7% | 4.2% | ||
| Q3 25 | 2.2% | 7.1% | ||
| Q2 25 | 1.5% | 7.9% | ||
| Q1 25 | 1.5% | 6.7% | ||
| Q4 24 | 0.7% | 8.7% | ||
| Q3 24 | 1.4% | 8.6% | ||
| Q2 24 | 0.6% | 8.8% | ||
| Q1 24 | 1.1% | 12.9% |
| Q4 25 | 1.48× | — | ||
| Q3 25 | 3.83× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 5.94× | — | ||
| Q4 24 | 3.02× | 0.14× | ||
| Q3 24 | 2.86× | — | ||
| Q2 24 | 2.25× | — | ||
| Q1 24 | 0.28× | — |
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
FIS
| Banking Solutions | $1.6B | 57% |
| Other | $701.0M | 25% |
| Capital Market Solutions | $508.0M | 18% |
SATS
| Pay Tv | $2.4B | 62% |
| Wireless Services And Related Revenue | $846.5M | 22% |
| Equipment Sales And Other Revenue | $346.5M | 9% |
| Broadband And Satellite Services And Other Revenue | $264.1M | 7% |
