vs
Globalstar, Inc.（GSAT）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是Globalstar, Inc.的1.4倍（$100.0M vs $72.0M），null净利率更高（-7.0% vs -16.1%，领先9.1%），Globalstar, Inc.同比增速更快（17.6% vs 14.5%），过去两年Globalstar, Inc.的营收复合增速更高（12.9% vs -4.9%）
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。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
GSAT vs SWIM — 直观对比
营收规模更大
SWIM
是对方的1.4倍
$72.0M
营收增速更快
GSAT
高出3.1%
14.5%
净利率更高
SWIM
高出9.1%
-16.1%
两年增速更快
GSAT
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $100.0M |
| 净利润 | $-11.6M | $-7.0M |
| 毛利率 | — | 28.0% |
| 营业利润率 | -0.5% | -10.7% |
| 净利率 | -16.1% | -7.0% |
| 营收同比 | 17.6% | 14.5% |
| 净利润同比 | 76.9% | 76.0% |
| 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GSATSWIM
| Q4 25 | $72.0M | $100.0M | ||
| Q3 25 | $73.8M | $161.9M | ||
| Q2 25 | $67.1M | $172.6M | ||
| Q1 25 | $60.0M | $111.4M | ||
| Q4 24 | $61.2M | $87.3M | ||
| Q3 24 | $72.3M | $150.5M | ||
| Q2 24 | $60.4M | $160.1M | ||
| Q1 24 | $56.5M | $110.6M |
净利润GSATSWIM
| Q4 25 | $-11.6M | $-7.0M | ||
| Q3 25 | $1.1M | $8.1M | ||
| Q2 25 | $19.2M | $16.0M | ||
| Q1 25 | $-17.3M | $-6.0M | ||
| Q4 24 | $-50.2M | $-29.2M | ||
| Q3 24 | $9.9M | $5.9M | ||
| Q2 24 | $-9.7M | $13.3M | ||
| Q1 24 | $-13.2M | $-7.9M |
毛利率GSATSWIM
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
营业利润率GSATSWIM
| Q4 25 | -0.5% | -10.7% | ||
| Q3 25 | 13.8% | 13.3% | ||
| Q2 25 | 9.2% | 14.3% | ||
| Q1 25 | -14.2% | -4.4% | ||
| Q4 24 | -6.9% | -14.9% | ||
| Q3 24 | 13.0% | 8.9% | ||
| Q2 24 | -2.4% | 12.5% | ||
| Q1 24 | -8.3% | -1.9% |
净利率GSATSWIM
| Q4 25 | -16.1% | -7.0% | ||
| Q3 25 | 1.5% | 5.0% | ||
| Q2 25 | 28.6% | 9.3% | ||
| Q1 25 | -28.9% | -5.4% | ||
| Q4 24 | -82.1% | -33.4% | ||
| Q3 24 | 13.7% | 3.9% | ||
| Q2 24 | -16.0% | 8.3% | ||
| Q1 24 | -23.4% | -7.1% |
每股收益（稀释后）GSATSWIM
| Q4 25 | $-0.11 | $-0.06 | ||
| Q3 25 | $-0.01 | $0.07 | ||
| Q2 25 | $0.13 | $0.13 | ||
| Q1 25 | $-0.16 | $-0.05 | ||
| Q4 24 | $-0.57 | $-0.24 | ||
| Q3 24 | $0.00 | $0.05 | ||
| Q2 24 | $-0.01 | $0.11 | ||
| Q1 24 | $-0.01 | $-0.07 |
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 | $279.8M |
| 股东权益账面价值 | $355.7M | $405.9M |
| 总资产 | $2.3B | $823.2M |
| 负债/权益比越低杠杆越低 | 1.36× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资GSATSWIM
| 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 | — | ||
| Q1 24 | $59.3M | — |
总债务GSATSWIM
| Q4 25 | $483.8M | $279.8M | ||
| Q3 25 | $508.6M | $281.1M | ||
| Q2 25 | $491.5M | $281.5M | ||
| Q1 25 | $502.7M | $306.9M | ||
| Q4 24 | $511.4M | $281.5M | ||
| Q3 24 | $394.4M | $282.8M | ||
| Q2 24 | $393.1M | $282.4M | ||
| Q1 24 | $398.7M | $282.8M |
股东权益GSATSWIM
| Q4 25 | $355.7M | $405.9M | ||
| Q3 25 | $364.8M | $408.4M | ||
| Q2 25 | $360.9M | $398.4M | ||
| Q1 25 | $344.3M | $381.1M | ||
| Q4 24 | $358.9M | $387.2M | ||
| Q3 24 | $394.1M | $416.6M | ||
| Q2 24 | $383.0M | $408.1M | ||
| Q1 24 | $377.1M | $391.8M |
总资产GSATSWIM
| Q4 25 | $2.3B | $823.2M | ||
| Q3 25 | $2.2B | $844.4M | ||
| Q2 25 | $1.9B | $822.1M | ||
| Q1 25 | $1.7B | $824.6M | ||
| Q4 24 | $1.7B | $794.2M | ||
| Q3 24 | $917.6M | $853.4M | ||
| Q2 24 | $926.2M | $830.0M | ||
| Q1 24 | $917.0M | $808.6M |
负债/权益比GSATSWIM
| Q4 25 | 1.36× | 0.69× | ||
| Q3 25 | 1.39× | 0.69× | ||
| Q2 25 | 1.36× | 0.71× | ||
| Q1 25 | 1.46× | 0.81× | ||
| Q4 24 | 1.43× | 0.73× | ||
| Q3 24 | 1.00× | 0.68× | ||
| Q2 24 | 1.03× | 0.69× | ||
| Q1 24 | 1.06× | 0.72× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $14.1M |
| 自由现金流率自由现金流/营收 | — | 14.1% |
| 资本支出强度资本支出/营收 | — | 9.2% |
| 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 | — | $38.0M |
8季度趋势，按日历期对齐
经营现金流GSATSWIM
| Q4 25 | $175.9M | $23.3M | ||
| Q3 25 | $236.0M | $51.0M | ||
| Q2 25 | $157.9M | $36.0M | ||
| Q1 25 | $51.9M | $-46.9M | ||
| Q4 24 | $340.7M | $6.2M | ||
| Q3 24 | $32.0M | $37.2M | ||
| Q2 24 | $36.7M | $52.4M | ||
| Q1 24 | $29.8M | $-34.5M |
自由现金流GSATSWIM
| Q4 25 | — | $14.1M | ||
| Q3 25 | — | $45.2M | ||
| Q2 25 | — | $29.1M | ||
| Q1 25 | — | $-50.3M | ||
| Q4 24 | — | $-98.0K | ||
| Q3 24 | — | $33.2M | ||
| Q2 24 | — | $47.9M | ||
| Q1 24 | — | $-39.9M |
自由现金流率GSATSWIM
| Q4 25 | — | 14.1% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | — | -45.2% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 29.9% | ||
| Q1 24 | — | -36.0% |
资本支出强度GSATSWIM
| Q4 25 | — | 9.2% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 4.8% |
现金转化率GSATSWIM
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | 6.29× | ||
| Q2 25 | 8.22× | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
