vs
Globalstar, Inc.（GSAT）与OCTAVE SPECIALTY GROUP INC（OSG）财务数据对比。点击上方公司名可切换其他公司
OCTAVE SPECIALTY GROUP INC的季度营收约是Globalstar, Inc.的1.4倍（$104.2M vs $72.0M），OCTAVE SPECIALTY GROUP INC净利率更高（-6.6% vs -16.1%，领先9.6%），OCTAVE SPECIALTY GROUP INC同比增速更快（66.0% vs 17.6%），过去两年OCTAVE SPECIALTY GROUP INC的营收复合增速更高（42.9% vs 12.9%）
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。
奥克塔夫专业集团是一家专业保险控股企业，主营定制化财产与意外伤害保险产品，核心业务聚焦超额剩余保险领域，为北美地区的商业及个人客户提供定制化风险保障解决方案。
GSAT vs OSG — 直观对比
营收规模更大
OSG
是对方的1.4倍
$72.0M
营收增速更快
OSG
高出48.4%
17.6%
净利率更高
OSG
高出9.6%
-16.1%
两年增速更快
OSG
近两年复合增速
12.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $104.2M |
| 净利润 | $-11.6M | $-6.9M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | — |
| 净利率 | -16.1% | -6.6% |
| 营收同比 | 17.6% | 66.0% |
| 净利润同比 | 76.9% | — |
| 每股收益（稀释后） | $-0.11 | $-0.13 |
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GSATOSG
| Q1 26 | — | $104.2M | ||
| Q4 25 | $72.0M | $66.9M | ||
| Q3 25 | $73.8M | $66.6M | ||
| Q2 25 | $67.1M | $55.0M | ||
| Q1 25 | $60.0M | $62.8M | ||
| Q4 24 | $61.2M | $65.2M | ||
| Q3 24 | $72.3M | $70.0M | ||
| Q2 24 | $60.4M | $51.0M |
净利润GSATOSG
| Q1 26 | — | $-6.9M | ||
| Q4 25 | $-11.6M | $-29.7M | ||
| Q3 25 | $1.1M | $-112.6M | ||
| Q2 25 | $19.2M | $-72.7M | ||
| Q1 25 | $-17.3M | $-44.7M | ||
| Q4 24 | $-50.2M | $-20.9M | ||
| Q3 24 | $9.9M | $-27.5M | ||
| Q2 24 | $-9.7M | $-750.0K |
营业利润率GSATOSG
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | -76.7% | ||
| Q3 25 | 13.8% | -48.2% | ||
| Q2 25 | 9.2% | -41.8% | ||
| Q1 25 | -14.2% | -24.1% | ||
| Q4 24 | -6.9% | -55.5% | ||
| Q3 24 | 13.0% | -29.7% | ||
| Q2 24 | -2.4% | -28.9% |
净利率GSATOSG
| Q1 26 | — | -6.6% | ||
| Q4 25 | -16.1% | -73.8% | ||
| Q3 25 | 1.5% | -169.1% | ||
| Q2 25 | 28.6% | -132.3% | ||
| Q1 25 | -28.9% | -71.3% | ||
| Q4 24 | -82.1% | -55.1% | ||
| Q3 24 | 13.7% | -39.3% | ||
| Q2 24 | -16.0% | -1.5% |
每股收益（稀释后）GSATOSG
| Q1 26 | — | $-0.13 | ||
| Q4 25 | $-0.11 | $-0.82 | ||
| Q3 25 | $-0.01 | $-2.35 | ||
| Q2 25 | $0.13 | $-1.54 | ||
| Q1 25 | $-0.16 | $-1.22 | ||
| Q4 24 | $-0.57 | $-11.75 | ||
| Q3 24 | $0.00 | $-0.63 | ||
| Q2 24 | $-0.01 | $-0.02 |
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 | $117.1M |
| 股东权益账面价值 | $355.7M | $833.6M |
| 总资产 | $2.3B | $2.3B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资GSATOSG
| Q1 26 | — | — | ||
| Q4 25 | $447.5M | $146.4M | ||
| Q3 25 | $346.3M | $27.5M | ||
| Q2 25 | $308.2M | $22.5M | ||
| Q1 25 | $241.4M | $34.1M | ||
| Q4 24 | $391.2M | $157.2M | ||
| Q3 24 | $51.9M | $40.8M | ||
| Q2 24 | $64.3M | $14.6M |
总债务GSATOSG
| Q1 26 | — | $117.1M | ||
| Q4 25 | $483.8M | $117.6M | ||
| Q3 25 | $508.6M | — | ||
| Q2 25 | $491.5M | — | ||
| Q1 25 | $502.7M | — | ||
| Q4 24 | $511.4M | $0 | ||
| Q3 24 | $394.4M | $518.0M | ||
| Q2 24 | $393.1M | $515.0M |
股东权益GSATOSG
| Q1 26 | — | $833.6M | ||
| Q4 25 | $355.7M | $715.8M | ||
| Q3 25 | $364.8M | $843.4M | ||
| Q2 25 | $360.9M | $859.8M | ||
| Q1 25 | $344.3M | $852.2M | ||
| Q4 24 | $358.9M | $798.4M | ||
| Q3 24 | $394.1M | $1.5B | ||
| Q2 24 | $383.0M | $1.4B |
总资产GSATOSG
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $1.9B | $8.5B | ||
| Q1 25 | $1.7B | $8.3B | ||
| Q4 24 | $1.7B | $8.1B | ||
| Q3 24 | $917.6M | $9.3B | ||
| Q2 24 | $926.2M | $8.2B |
负债/权益比GSATOSG
| Q1 26 | — | 0.14× | ||
| Q4 25 | 1.36× | 0.16× | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | 0.00× | ||
| Q3 24 | 1.00× | 0.35× | ||
| Q2 24 | 1.03× | 0.38× |
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GSATOSG
| Q1 26 | — | — | ||
| Q4 25 | $175.9M | $-52.3M | ||
| Q3 25 | $236.0M | $-41.2M | ||
| Q2 25 | $157.9M | $2.1M | ||
| Q1 25 | $51.9M | $-12.6M | ||
| Q4 24 | $340.7M | $762.0K | ||
| Q3 24 | $32.0M | $48.9M | ||
| Q2 24 | $36.7M | $20.4M |
现金转化率GSATOSG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | — | ||
| Q2 24 | — | — |
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% |
OSG
| Commissions | $68.2M | 65% |
| Other | $20.6M | 20% |
| Servicing and other fees | $9.4M | 9% |
| Program fees | $3.6M | 3% |
| Investment income | $2.4M | 2% |
