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Globalstar, Inc.（GSAT）与Proto Labs Inc（PRLB）财务数据对比。点击上方公司名可切换其他公司
Proto Labs Inc的季度营收约是Globalstar, Inc.的1.9倍（$139.3M vs $72.0M），Proto Labs Inc净利率更高（5.8% vs -16.1%，领先22.0%），Globalstar, Inc.同比增速更快（17.6% vs 10.4%），过去两年Globalstar, Inc.的营收复合增速更高（12.9% vs 5.3%）
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。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
GSAT vs PRLB — 直观对比
营收规模更大
PRLB
是对方的1.9倍
$72.0M
营收增速更快
GSAT
高出7.2%
10.4%
净利率更高
PRLB
高出22.0%
-16.1%
两年增速更快
GSAT
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $139.3M |
| 净利润 | $-11.6M | $8.1M |
| 毛利率 | — | 45.6% |
| 营业利润率 | -0.5% | 7.1% |
| 净利率 | -16.1% | 5.8% |
| 营收同比 | 17.6% | 10.4% |
| 净利润同比 | 76.9% | 125.4% |
| 每股收益（稀释后） | $-0.11 | $0.29 |
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GSATPRLB
| Q1 26 | — | $139.3M | ||
| Q4 25 | $72.0M | $136.5M | ||
| Q3 25 | $73.8M | $135.4M | ||
| Q2 25 | $67.1M | $135.1M | ||
| Q1 25 | $60.0M | $126.2M | ||
| Q4 24 | $61.2M | $121.8M | ||
| Q3 24 | $72.3M | $125.6M | ||
| Q2 24 | $60.4M | $125.6M |
净利润GSATPRLB
| Q1 26 | — | $8.1M | ||
| Q4 25 | $-11.6M | — | ||
| Q3 25 | $1.1M | $7.2M | ||
| Q2 25 | $19.2M | $4.4M | ||
| Q1 25 | $-17.3M | $3.6M | ||
| Q4 24 | $-50.2M | — | ||
| Q3 24 | $9.9M | $7.2M | ||
| Q2 24 | $-9.7M | $4.5M |
毛利率GSATPRLB
| Q1 26 | — | 45.6% | ||
| Q4 25 | — | 44.2% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 44.3% | ||
| Q1 25 | — | 44.1% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | — | 45.0% |
营业利润率GSATPRLB
| Q1 26 | — | 7.1% | ||
| Q4 25 | -0.5% | 5.0% | ||
| Q3 25 | 13.8% | 6.5% | ||
| Q2 25 | 9.2% | 3.7% | ||
| Q1 25 | -14.2% | 3.6% | ||
| Q4 24 | -6.9% | -1.2% | ||
| Q3 24 | 13.0% | 6.8% | ||
| Q2 24 | -2.4% | 4.8% |
净利率GSATPRLB
| Q1 26 | — | 5.8% | ||
| Q4 25 | -16.1% | — | ||
| Q3 25 | 1.5% | 5.3% | ||
| Q2 25 | 28.6% | 3.3% | ||
| Q1 25 | -28.9% | 2.9% | ||
| Q4 24 | -82.1% | — | ||
| Q3 24 | 13.7% | 5.7% | ||
| Q2 24 | -16.0% | 3.6% |
每股收益（稀释后）GSATPRLB
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-0.11 | $0.25 | ||
| Q3 25 | $-0.01 | $0.30 | ||
| Q2 25 | $0.13 | $0.18 | ||
| Q1 25 | $-0.16 | $0.15 | ||
| Q4 24 | $-0.57 | $-0.01 | ||
| Q3 24 | $0.00 | $0.29 | ||
| Q2 24 | $-0.01 | $0.18 |
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 | $124.0M |
| 总债务越低越好 | $483.8M | — |
| 股东权益账面价值 | $355.7M | $683.1M |
| 总资产 | $2.3B | $778.6M |
| 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GSATPRLB
| Q1 26 | — | $124.0M | ||
| Q4 25 | $447.5M | $128.1M | ||
| Q3 25 | $346.3M | $119.2M | ||
| Q2 25 | $308.2M | $103.2M | ||
| Q1 25 | $241.4M | $96.8M | ||
| Q4 24 | $391.2M | $103.1M | ||
| Q3 24 | $51.9M | $100.5M | ||
| Q2 24 | $64.3M | $112.9M |
总债务GSATPRLB
| 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GSATPRLB
| Q1 26 | — | $683.1M | ||
| Q4 25 | $355.7M | $673.9M | ||
| Q3 25 | $364.8M | $664.7M | ||
| Q2 25 | $360.9M | $664.7M | ||
| Q1 25 | $344.3M | $656.8M | ||
| Q4 24 | $358.9M | $670.2M | ||
| Q3 24 | $394.1M | $680.0M | ||
| Q2 24 | $383.0M | $685.2M |
总资产GSATPRLB
| Q1 26 | — | $778.6M | ||
| Q4 25 | $2.3B | $763.4M | ||
| Q3 25 | $2.2B | $756.9M | ||
| Q2 25 | $1.9B | $743.3M | ||
| Q1 25 | $1.7B | $737.5M | ||
| Q4 24 | $1.7B | $743.5M | ||
| Q3 24 | $917.6M | $753.8M | ||
| Q2 24 | $926.2M | $758.2M |
负债/权益比GSATPRLB
| 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 | $17.5M |
| 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 | — | 2.16× |
| 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GSATPRLB
| Q1 26 | — | $17.5M | ||
| Q4 25 | $175.9M | $16.5M | ||
| Q3 25 | $236.0M | $29.1M | ||
| Q2 25 | $157.9M | $10.6M | ||
| Q1 25 | $51.9M | $18.4M | ||
| Q4 24 | $340.7M | $17.3M | ||
| Q3 24 | $32.0M | $24.8M | ||
| Q2 24 | $36.7M | $14.4M |
自由现金流GSATPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | $8.4M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $17.1M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | — | $23.2M | ||
| Q2 24 | — | $10.2M |
自由现金流率GSATPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 18.5% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 8.2% |
资本支出强度GSATPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 3.3% |
现金转化率GSATPRLB
| Q1 26 | — | 2.16× | ||
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | 4.03× | ||
| Q2 25 | 8.22× | 2.39× | ||
| Q1 25 | — | 5.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | 3.44× | ||
| Q2 24 | — | 3.18× |
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% |
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
