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INTERPARFUMS INC（IPAR）与铱星通信（IRDM）财务数据对比。点击上方公司名可切换其他公司
INTERPARFUMS INC的季度营收约是铱星通信的1.8倍（$386.2M vs $219.1M），铱星通信净利率更高（9.9% vs 7.3%，领先2.6%），INTERPARFUMS INC同比增速更快（6.8% vs 1.9%），过去两年INTERPARFUMS INC的营收复合增速更高（9.2% vs 4.4%）
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
铱星通信是一家总部位于美国弗吉尼亚州麦克莱恩的上市企业，运营着由80颗卫星组成的铱星星座，其中66颗为工作星，14颗为在轨备用星。其卫星网络支持手持卫星电话、卫星通信终端及集成收发设备实现全球范围的语音和数据传输，还可提供双向卫星消息服务，满足全球各场景的通信需求。
IPAR vs IRDM — 直观对比
营收规模更大
IPAR
是对方的1.8倍
$219.1M
营收增速更快
IPAR
高出4.9%
1.9%
净利率更高
IRDM
高出2.6%
7.3%
两年增速更快
IPAR
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $219.1M |
| 净利润 | $28.1M | $21.6M |
| 毛利率 | 61.5% | — |
| 营业利润率 | 7.1% | 23.2% |
| 净利率 | 7.3% | 9.9% |
| 营收同比 | 6.8% | 1.9% |
| 净利润同比 | 16.0% | — |
| 每股收益（稀释后） | $0.88 | — |
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IPARIRDM
| Q1 26 | — | $219.1M | ||
| Q4 25 | $386.2M | $212.9M | ||
| Q3 25 | $429.6M | $226.9M | ||
| Q2 25 | $333.9M | $216.9M | ||
| Q1 25 | $338.8M | $214.9M | ||
| Q4 24 | $361.5M | $213.0M | ||
| Q3 24 | $424.6M | $212.8M | ||
| Q2 24 | $342.2M | $201.1M |
净利润IPARIRDM
| Q1 26 | — | $21.6M | ||
| Q4 25 | $28.1M | $24.9M | ||
| Q3 25 | $65.8M | $37.1M | ||
| Q2 25 | $32.0M | $22.0M | ||
| Q1 25 | $42.5M | $30.4M | ||
| Q4 24 | $24.2M | $36.3M | ||
| Q3 24 | $62.3M | $24.4M | ||
| Q2 24 | $36.8M | $32.3M |
毛利率IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | 61.5% | — | ||
| Q3 25 | 63.5% | — | ||
| Q2 25 | 66.2% | — | ||
| Q1 25 | 63.7% | — | ||
| Q4 24 | 64.5% | — | ||
| Q3 24 | 63.9% | — | ||
| Q2 24 | 64.5% | — |
营业利润率IPARIRDM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 7.1% | 25.9% | ||
| Q3 25 | 25.3% | 30.9% | ||
| Q2 25 | 17.7% | 23.2% | ||
| Q1 25 | 22.2% | 28.1% | ||
| Q4 24 | 10.0% | 24.5% | ||
| Q3 24 | 25.0% | 25.8% | ||
| Q2 24 | 18.9% | 21.7% |
净利率IPARIRDM
| Q1 26 | — | 9.9% | ||
| Q4 25 | 7.3% | 11.7% | ||
| Q3 25 | 15.3% | 16.4% | ||
| Q2 25 | 9.6% | 10.1% | ||
| Q1 25 | 12.5% | 14.2% | ||
| Q4 24 | 6.7% | 17.1% | ||
| Q3 24 | 14.7% | 11.5% | ||
| Q2 24 | 10.8% | 16.1% |
每股收益（稀释后）IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $0.88 | $0.24 | ||
| Q3 25 | $2.05 | $0.35 | ||
| Q2 25 | $0.99 | $0.20 | ||
| Q1 25 | $1.32 | $0.27 | ||
| Q4 24 | $0.78 | $0.30 | ||
| Q3 24 | $1.93 | $0.21 | ||
| Q2 24 | $1.14 | $0.27 |
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 | $137.1M | — |
| 总债务越低越好 | $176.0M | — |
| 股东权益账面价值 | $880.7M | — |
| 总资产 | $1.6B | — |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $137.1M | $96.5M | ||
| Q3 25 | $77.5M | $88.5M | ||
| Q2 25 | $53.9M | $79.3M | ||
| Q1 25 | $75.3M | $50.9M | ||
| Q4 24 | $109.3M | $93.5M | ||
| Q3 24 | $78.8M | $159.6M | ||
| Q2 24 | $37.7M | $63.5M |
总债务IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $176.0M | $1.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $157.3M | $1.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $880.7M | $462.6M | ||
| Q3 25 | $870.9M | $450.5M | ||
| Q2 25 | $839.4M | $473.6M | ||
| Q1 25 | $788.6M | $518.4M | ||
| Q4 24 | $744.9M | $576.6M | ||
| Q3 24 | $778.5M | $663.8M | ||
| Q2 24 | $717.1M | $786.7M |
总资产IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $2.5B | ||
| Q3 25 | $1.6B | $2.6B | ||
| Q2 25 | $1.6B | $2.6B | ||
| Q1 25 | $1.4B | $2.6B | ||
| Q4 24 | $1.4B | $2.7B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.4B | $2.7B |
负债/权益比IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 3.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | 3.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $146.5M | — |
| 自由现金流经营现金流 - 资本支出 | $145.0M | — |
| 自由现金流率自由现金流/营收 | 37.5% | — |
| 资本支出强度资本支出/营收 | 0.4% | 13.7% |
| 现金转化率经营现金流/净利润 | 5.21× | — |
| 过去12个月自由现金流最近4个季度 | $190.5M | — |
8季度趋势，按日历期对齐
经营现金流IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $146.5M | $108.6M | ||
| Q3 25 | $63.9M | $100.8M | ||
| Q2 25 | $11.9M | $129.6M | ||
| Q1 25 | $-7.4M | $61.1M | ||
| Q4 24 | $138.0M | $104.8M | ||
| Q3 24 | $76.1M | $118.6M | ||
| Q2 24 | $25.5M | $81.1M |
自由现金流IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | $145.0M | $75.1M | ||
| Q3 25 | $57.6M | $79.2M | ||
| Q2 25 | $-3.3M | $108.9M | ||
| Q1 25 | $-8.8M | $36.5M | ||
| Q4 24 | $136.1M | $80.5M | ||
| Q3 24 | $75.4M | $100.0M | ||
| Q2 24 | $24.4M | $68.7M |
自由现金流率IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | 37.5% | 35.3% | ||
| Q3 25 | 13.4% | 34.9% | ||
| Q2 25 | -1.0% | 50.2% | ||
| Q1 25 | -2.6% | 17.0% | ||
| Q4 24 | 37.7% | 37.8% | ||
| Q3 24 | 17.8% | 47.0% | ||
| Q2 24 | 7.1% | 34.2% |
资本支出强度IPARIRDM
| Q1 26 | — | 13.7% | ||
| Q4 25 | 0.4% | 15.7% | ||
| Q3 25 | 1.5% | 9.5% | ||
| Q2 25 | 4.5% | 9.5% | ||
| Q1 25 | 0.4% | 11.4% | ||
| Q4 24 | 0.5% | 11.4% | ||
| Q3 24 | 0.2% | 8.7% | ||
| Q2 24 | 0.3% | 6.2% |
现金转化率IPARIRDM
| Q1 26 | — | — | ||
| Q4 25 | 5.21× | 4.37× | ||
| Q3 25 | 0.97× | 2.71× | ||
| Q2 25 | 0.37× | 5.90× | ||
| Q1 25 | -0.17× | 2.01× | ||
| Q4 24 | 5.69× | 2.88× | ||
| Q3 24 | 1.22× | 4.85× | ||
| Q2 24 | 0.69× | 2.51× |
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
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
