vs
Globalstar, Inc.（GSAT）与合众银行（STBA）财务数据对比。点击上方公司名可切换其他公司
合众银行的季度营收约是Globalstar, Inc.的1.4倍（$102.1M vs $72.0M），合众银行净利率更高（34.4% vs -16.1%，领先50.5%），过去两年Globalstar, Inc.的营收复合增速更高（12.9% vs 2.6%）
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。
合众银行是总部位于美国明尼苏达州明尼阿波利斯、注册地为特拉华州的跨国银行机构，截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为系统重要性机构。旗下核心运营主体为美国合众银行全国协会，以“U.S. Bank”品牌开展业务，提供银行、投资、抵押贷款等多元金融服务。
GSAT vs STBA — 直观对比
营收规模更大
STBA
是对方的1.4倍
$72.0M
净利率更高
STBA
高出50.5%
-16.1%
两年增速更快
GSAT
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $102.1M |
| 净利润 | $-11.6M | $35.1M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | — |
| 净利率 | -16.1% | 34.4% |
| 营收同比 | 17.6% | — |
| 净利润同比 | 76.9% | 5.0% |
| 每股收益（稀释后） | $-0.11 | $0.94 |
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GSATSTBA
| Q1 26 | — | $102.1M | ||
| Q4 25 | $72.0M | $105.3M | ||
| Q3 25 | $73.8M | $103.0M | ||
| Q2 25 | $67.1M | $100.1M | ||
| Q1 25 | $60.0M | $93.8M | ||
| Q4 24 | $61.2M | $94.3M | ||
| Q3 24 | $72.3M | $96.4M | ||
| Q2 24 | $60.4M | $96.9M |
净利润GSATSTBA
| Q1 26 | — | $35.1M | ||
| Q4 25 | $-11.6M | $34.0M | ||
| Q3 25 | $1.1M | $35.0M | ||
| Q2 25 | $19.2M | $31.9M | ||
| Q1 25 | $-17.3M | $33.4M | ||
| Q4 24 | $-50.2M | $33.1M | ||
| Q3 24 | $9.9M | $32.6M | ||
| Q2 24 | $-9.7M | $34.4M |
营业利润率GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 40.3% | ||
| Q3 25 | 13.8% | 42.6% | ||
| Q2 25 | 9.2% | 40.0% | ||
| Q1 25 | -14.2% | 44.5% | ||
| Q4 24 | -6.9% | 43.8% | ||
| Q3 24 | 13.0% | 43.0% | ||
| Q2 24 | -2.4% | 44.2% |
净利率GSATSTBA
| Q1 26 | — | 34.4% | ||
| Q4 25 | -16.1% | 32.3% | ||
| Q3 25 | 1.5% | 33.9% | ||
| Q2 25 | 28.6% | 31.9% | ||
| Q1 25 | -28.9% | 35.6% | ||
| Q4 24 | -82.1% | 35.1% | ||
| Q3 24 | 13.7% | 33.8% | ||
| Q2 24 | -16.0% | 35.5% |
每股收益（稀释后）GSATSTBA
| Q1 26 | — | $0.94 | ||
| Q4 25 | $-0.11 | $0.88 | ||
| Q3 25 | $-0.01 | $0.91 | ||
| Q2 25 | $0.13 | $0.83 | ||
| Q1 25 | $-0.16 | $0.87 | ||
| Q4 24 | $-0.57 | $0.86 | ||
| Q3 24 | $0.00 | $0.85 | ||
| Q2 24 | $-0.01 | $0.89 |
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 | $100.8M |
| 股东权益账面价值 | $355.7M | $1.4B |
| 总资产 | $2.3B | $9.9B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | $447.5M | $163.4M | ||
| Q3 25 | $346.3M | $196.2M | ||
| Q2 25 | $308.2M | $203.1M | ||
| Q1 25 | $241.4M | $211.8M | ||
| Q4 24 | $391.2M | $244.8M | ||
| Q3 24 | $51.9M | $228.1M | ||
| Q2 24 | $64.3M | $246.3M |
总债务GSATSTBA
| Q1 26 | — | $100.8M | ||
| 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GSATSTBA
| Q1 26 | — | $1.4B | ||
| Q4 25 | $355.7M | $1.5B | ||
| Q3 25 | $364.8M | $1.5B | ||
| Q2 25 | $360.9M | $1.4B | ||
| Q1 25 | $344.3M | $1.4B | ||
| Q4 24 | $358.9M | $1.4B | ||
| Q3 24 | $394.1M | $1.4B | ||
| Q2 24 | $383.0M | $1.3B |
总资产GSATSTBA
| Q1 26 | — | $9.9B | ||
| Q4 25 | $2.3B | $9.9B | ||
| Q3 25 | $2.2B | $9.8B | ||
| Q2 25 | $1.9B | $9.8B | ||
| Q1 25 | $1.7B | $9.7B | ||
| Q4 24 | $1.7B | $9.7B | ||
| Q3 24 | $917.6M | $9.6B | ||
| Q2 24 | $926.2M | $9.6B |
负债/权益比GSATSTBA
| Q1 26 | — | 0.07× | ||
| 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GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | $175.9M | $133.6M | ||
| Q3 25 | $236.0M | $40.5M | ||
| Q2 25 | $157.9M | $28.3M | ||
| Q1 25 | $51.9M | $28.7M | ||
| Q4 24 | $340.7M | $173.4M | ||
| Q3 24 | $32.0M | $27.6M | ||
| Q2 24 | $36.7M | $44.7M |
自由现金流GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | — | $128.8M | ||
| Q3 25 | — | $39.9M | ||
| Q2 25 | — | $27.1M | ||
| Q1 25 | — | $27.0M | ||
| Q4 24 | — | $170.4M | ||
| Q3 24 | — | $26.9M | ||
| Q2 24 | — | $43.9M |
自由现金流率GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | — | 122.4% | ||
| Q3 25 | — | 38.7% | ||
| Q2 25 | — | 27.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 180.7% | ||
| Q3 24 | — | 28.0% | ||
| Q2 24 | — | 45.3% |
资本支出强度GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | — | 4.5% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.9% |
现金转化率GSATSTBA
| Q1 26 | — | — | ||
| Q4 25 | — | 3.93× | ||
| Q3 25 | 216.53× | 1.16× | ||
| Q2 25 | 8.22× | 0.89× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 5.24× | ||
| Q3 24 | 3.23× | 0.85× | ||
| Q2 24 | — | 1.30× |
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% |
STBA
| Net Interest Income | $88.4M | 87% |
| Noninterest Income | $13.6M | 13% |
