vs
Globalstar, Inc.（GSAT）与MERCANTILE BANK CORP（MBWM）财务数据对比。点击上方公司名可切换其他公司
Globalstar, Inc.的季度营收约是MERCANTILE BANK CORP的1.1倍（$72.0M vs $67.6M），MERCANTILE BANK CORP净利率更高（33.6% vs -16.1%，领先49.7%），过去两年Globalstar, Inc.的营收复合增速更高（12.9% vs 9.1%）
Globalstar Inc.是一家美国电信企业，运营近地轨道卫星星座，可提供卫星电话、低速数据传输及对地观测服务，其第二代卫星星座由25颗卫星组成，相关服务可覆盖全球大部分区域的通信及遥感需求。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
GSAT vs MBWM — 直观对比
营收规模更大
GSAT
是对方的1.1倍
$67.6M
净利率更高
MBWM
高出49.7%
-16.1%
两年增速更快
GSAT
近两年复合增速
9.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $67.6M |
| 净利润 | $-11.6M | $22.7M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | — |
| 净利率 | -16.1% | 33.6% |
| 营收同比 | 17.6% | — |
| 净利润同比 | 76.9% | 16.1% |
| 每股收益（稀释后） | $-0.11 | $1.32 |
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GSATMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $72.0M | $62.1M | ||
| Q3 25 | $73.8M | $62.4M | ||
| Q2 25 | $67.1M | $60.9M | ||
| Q1 25 | $60.0M | $57.3M | ||
| Q4 24 | $61.2M | $58.5M | ||
| Q3 24 | $72.3M | $58.0M | ||
| Q2 24 | $60.4M | $56.8M |
净利润GSATMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $-11.6M | $22.8M | ||
| Q3 25 | $1.1M | $23.8M | ||
| Q2 25 | $19.2M | $22.6M | ||
| Q1 25 | $-17.3M | $19.5M | ||
| Q4 24 | $-50.2M | $19.6M | ||
| Q3 24 | $9.9M | $19.6M | ||
| Q2 24 | $-9.7M | $18.8M |
营业利润率GSATMBWM
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 42.0% | ||
| Q3 25 | 13.8% | 44.0% | ||
| Q2 25 | 9.2% | 42.6% | ||
| Q1 25 | -14.2% | 42.0% | ||
| Q4 24 | -6.9% | 39.7% | ||
| Q3 24 | 13.0% | 42.4% | ||
| Q2 24 | -2.4% | 41.4% |
净利率GSATMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | -16.1% | 36.8% | ||
| Q3 25 | 1.5% | 38.1% | ||
| Q2 25 | 28.6% | 37.1% | ||
| Q1 25 | -28.9% | 34.1% | ||
| Q4 24 | -82.1% | 33.5% | ||
| Q3 24 | 13.7% | 33.8% | ||
| Q2 24 | -16.0% | 33.1% |
每股收益（稀释后）GSATMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | $-0.11 | $1.41 | ||
| Q3 25 | $-0.01 | $1.46 | ||
| Q2 25 | $0.13 | $1.39 | ||
| Q1 25 | $-0.16 | $1.21 | ||
| Q4 24 | $-0.57 | $1.20 | ||
| Q3 24 | $0.00 | $1.22 | ||
| Q2 24 | $-0.01 | $1.17 |
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 | $447.5M | — |
| 总债务越低越好 | $483.8M | $1.5M |
| 股东权益账面价值 | $355.7M | $736.9M |
| 总资产 | $2.3B | $6.9B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资GSATMBWM
| Q1 26 | — | — | ||
| Q4 25 | $447.5M | — | ||
| Q3 25 | $346.3M | — | ||
| Q2 25 | $308.2M | — | ||
| Q1 25 | $241.4M | — | ||
| Q4 24 | $391.2M | — | ||
| Q3 24 | $51.9M | — | ||
| Q2 24 | $64.3M | — |
总债务GSATMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | $483.8M | — | ||
| Q3 25 | $508.6M | — | ||
| Q2 25 | $491.5M | — | ||
| Q1 25 | $502.7M | — | ||
| Q4 24 | $511.4M | — | ||
| Q3 24 | $394.4M | — | ||
| Q2 24 | $393.1M | — |
股东权益GSATMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | $355.7M | $724.9M | ||
| Q3 25 | $364.8M | $657.6M | ||
| Q2 25 | $360.9M | $631.5M | ||
| Q1 25 | $344.3M | $608.3M | ||
| Q4 24 | $358.9M | $584.5M | ||
| Q3 24 | $394.1M | $583.3M | ||
| Q2 24 | $383.0M | $551.2M |
总资产GSATMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $2.3B | $6.8B | ||
| Q3 25 | $2.2B | $6.3B | ||
| Q2 25 | $1.9B | $6.2B | ||
| Q1 25 | $1.7B | $6.1B | ||
| Q4 24 | $1.7B | $6.1B | ||
| Q3 24 | $917.6M | $5.9B | ||
| Q2 24 | $926.2M | $5.6B |
负债/权益比GSATMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 1.03× | — |
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 | $175.9M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流GSATMBWM
| Q1 26 | — | — | ||
| Q4 25 | $175.9M | $18.0M | ||
| Q3 25 | $236.0M | $23.1M | ||
| Q2 25 | $157.9M | $-7.8M | ||
| Q1 25 | $51.9M | $-3.0M | ||
| Q4 24 | $340.7M | $101.1M | ||
| Q3 24 | $32.0M | $-8.1M | ||
| Q2 24 | $36.7M | $9.1M |
现金转化率GSATMBWM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.79× | ||
| Q3 25 | 216.53× | 0.97× | ||
| Q2 25 | 8.22× | -0.35× | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | — | 5.15× | ||
| Q3 24 | 3.23× | -0.41× | ||
| Q2 24 | — | 0.49× |
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
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
