vs
Globalstar, Inc.（GSAT）与Ouster, Inc.（OUST）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Ouster, Inc.的1.5倍（$72.0M vs $48.6M），Ouster, Inc.净利率更高（8.2% vs -16.1%，领先24.3%），Ouster, Inc.同比增速更快（48.9% vs 17.6%），过去两年Ouster, Inc.的营收复合增速更高（34.2% 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。
Ouster, Inc.是总部位于美国加利福尼亚州旧金山的激光雷达技术企业，主打高分辨率数字化3D激光雷达传感器，产品广泛应用于自动驾驶车辆、工业自动化、机器人、无人机、地图测绘、国防及安防等领域。
GSAT vs OUST — 直观对比
营收规模更大
GSAT
是对方的1.5倍
$48.6M
营收增速更快
OUST
高出31.2%
17.6%
净利率更高
OUST
高出24.3%
-16.1%
两年增速更快
OUST
近两年复合增速
12.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $48.6M |
| 净利润 | $-11.6M | $4.0M |
| 毛利率 | — | 42.9% |
| 营业利润率 | -0.5% | 17.6% |
| 净利率 | -16.1% | 8.2% |
| 营收同比 | 17.6% | 48.9% |
| 净利润同比 | 76.9% | — |
| 每股收益（稀释后） | $-0.11 | $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GSATOUST
| Q1 26 | — | $48.6M | ||
| Q4 25 | $72.0M | $62.2M | ||
| Q3 25 | $73.8M | $39.5M | ||
| Q2 25 | $67.1M | $35.0M | ||
| Q1 25 | $60.0M | $32.6M | ||
| Q4 24 | $61.2M | $30.1M | ||
| Q3 24 | $72.3M | $28.1M | ||
| Q2 24 | $60.4M | $27.0M |
净利润GSATOUST
| Q1 26 | — | $4.0M | ||
| Q4 25 | $-11.6M | — | ||
| Q3 25 | $1.1M | $-21.7M | ||
| Q2 25 | $19.2M | $-20.6M | ||
| Q1 25 | $-17.3M | $-22.0M | ||
| Q4 24 | $-50.2M | — | ||
| Q3 24 | $9.9M | $-25.6M | ||
| Q2 24 | $-9.7M | $-23.9M |
毛利率GSATOUST
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 60.2% | ||
| Q3 25 | — | 42.1% | ||
| Q2 25 | — | 45.2% | ||
| Q1 25 | — | 41.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | — | 38.3% | ||
| Q2 24 | — | 33.7% |
营业利润率GSATOUST
| Q1 26 | — | 17.6% | ||
| Q4 25 | -0.5% | 1.5% | ||
| Q3 25 | 13.8% | -61.4% | ||
| Q2 25 | 9.2% | -76.5% | ||
| Q1 25 | -14.2% | -73.0% | ||
| Q4 24 | -6.9% | -85.1% | ||
| Q3 24 | 13.0% | -98.0% | ||
| Q2 24 | -2.4% | -93.6% |
净利率GSATOUST
| Q1 26 | — | 8.2% | ||
| Q4 25 | -16.1% | — | ||
| Q3 25 | 1.5% | -55.0% | ||
| Q2 25 | 28.6% | -58.8% | ||
| Q1 25 | -28.9% | -67.5% | ||
| Q4 24 | -82.1% | — | ||
| Q3 24 | 13.7% | -91.1% | ||
| Q2 24 | -16.0% | -88.4% |
每股收益（稀释后）GSATOUST
| Q1 26 | — | $0.06 | ||
| Q4 25 | $-0.11 | $0.10 | ||
| Q3 25 | $-0.01 | $-0.37 | ||
| Q2 25 | $0.13 | $-0.38 | ||
| Q1 25 | $-0.16 | $-0.42 | ||
| Q4 24 | $-0.57 | $-0.46 | ||
| Q3 24 | $0.00 | $-0.54 | ||
| Q2 24 | $-0.01 | $-0.53 |
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 | $173.1M |
| 总债务越低越好 | $483.8M | — |
| 股东权益账面价值 | $355.7M | $275.6M |
| 总资产 | $2.3B | $381.5M |
| 负债/权益比越低杠杆越低 | 1.36× | — |
8季度趋势，按日历期对齐
现金及短期投资GSATOUST
| Q1 26 | — | $173.1M | ||
| Q4 25 | $447.5M | $208.6M | ||
| Q3 25 | $346.3M | $244.5M | ||
| Q2 25 | $308.2M | $226.5M | ||
| Q1 25 | $241.4M | $168.2M | ||
| Q4 24 | $391.2M | $172.0M | ||
| Q3 24 | $51.9M | $151.4M | ||
| Q2 24 | $64.3M | $184.2M |
总债务GSATOUST
| Q1 26 | — | — | ||
| 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GSATOUST
| Q1 26 | — | $275.6M | ||
| Q4 25 | $355.7M | $261.7M | ||
| Q3 25 | $364.8M | $247.4M | ||
| Q2 25 | $360.9M | $221.0M | ||
| Q1 25 | $344.3M | $167.9M | ||
| Q4 24 | $358.9M | $180.9M | ||
| Q3 24 | $394.1M | $171.7M | ||
| Q2 24 | $383.0M | $170.6M |
总资产GSATOUST
| Q1 26 | — | $381.5M | ||
| Q4 25 | $2.3B | $349.5M | ||
| Q3 25 | $2.2B | $353.8M | ||
| Q2 25 | $1.9B | $321.8M | ||
| Q1 25 | $1.7B | $268.6M | ||
| Q4 24 | $1.7B | $276.1M | ||
| Q3 24 | $917.6M | $255.2M | ||
| Q2 24 | $926.2M | $309.9M |
负债/权益比GSATOUST
| Q1 26 | — | — | ||
| 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GSATOUST
| Q1 26 | — | — | ||
| Q4 25 | $175.9M | $-15.4M | ||
| Q3 25 | $236.0M | $-18.3M | ||
| Q2 25 | $157.9M | $-1.3M | ||
| Q1 25 | $51.9M | $-4.9M | ||
| Q4 24 | $340.7M | $-2.6M | ||
| Q3 24 | $32.0M | $-3.8M | ||
| Q2 24 | $36.7M | $-21.6M |
自由现金流GSATOUST
| Q1 26 | — | — | ||
| Q4 25 | — | $-37.2M | ||
| Q3 25 | — | $-20.0M | ||
| Q2 25 | — | $-2.2M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $-4.3M | ||
| Q2 24 | — | $-22.0M |
自由现金流率GSATOUST
| Q1 26 | — | — | ||
| Q4 25 | — | -59.8% | ||
| Q3 25 | — | -50.7% | ||
| Q2 25 | — | -6.3% | ||
| Q1 25 | — | -16.6% | ||
| Q4 24 | — | -13.3% | ||
| Q3 24 | — | -15.4% | ||
| Q2 24 | — | -81.5% |
资本支出强度GSATOUST
| Q1 26 | — | — | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.3% |
现金转化率GSATOUST
| 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% |
OUST
| Product revenue | $48.2M | 99% |
| Royalties | $347.0K | 1% |
