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铱星通信（IRDM）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
铱星通信的季度营收约是百胜餐饮集团的1.1倍（$219.1M vs $204.1M），铱星通信净利率更高（9.9% vs 8.9%，领先1.0%），铱星通信同比增速更快（1.9% vs -5.2%），过去两年百胜餐饮集团的营收复合增速更高（19.8% vs 4.4%）
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。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
IRDM vs LCUT — 直观对比
营收规模更大
IRDM
是对方的1.1倍
$204.1M
营收增速更快
IRDM
高出7.1%
-5.2%
净利率更高
IRDM
高出1.0%
8.9%
两年增速更快
LCUT
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $219.1M | $204.1M |
| 净利润 | $21.6M | $18.2M |
| 毛利率 | — | 38.6% |
| 营业利润率 | 23.2% | 9.8% |
| 净利率 | 9.9% | 8.9% |
| 营收同比 | 1.9% | -5.2% |
| 净利润同比 | — | 103.5% |
| 每股收益（稀释后） | — | $0.83 |
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IRDMLCUT
| Q1 26 | $219.1M | — | ||
| Q4 25 | $212.9M | $204.1M | ||
| Q3 25 | $226.9M | $171.9M | ||
| Q2 25 | $216.9M | $131.9M | ||
| Q1 25 | $214.9M | $140.1M | ||
| Q4 24 | $213.0M | $215.2M | ||
| Q3 24 | $212.8M | $183.8M | ||
| Q2 24 | $201.1M | $141.7M |
净利润IRDMLCUT
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $18.2M | ||
| Q3 25 | $37.1M | $-1.2M | ||
| Q2 25 | $22.0M | $-39.7M | ||
| Q1 25 | $30.4M | $-4.2M | ||
| Q4 24 | $36.3M | $8.9M | ||
| Q3 24 | $24.4M | $344.0K | ||
| Q2 24 | $32.3M | $-18.2M |
毛利率IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 38.6% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 38.5% |
营业利润率IRDMLCUT
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 9.8% | ||
| Q3 25 | 30.9% | 3.9% | ||
| Q2 25 | 23.2% | -28.2% | ||
| Q1 25 | 28.1% | 0.8% | ||
| Q4 24 | 24.5% | 7.2% | ||
| Q3 24 | 25.8% | 4.7% | ||
| Q2 24 | 21.7% | 0.8% |
净利率IRDMLCUT
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | 8.9% | ||
| Q3 25 | 16.4% | -0.7% | ||
| Q2 25 | 10.1% | -30.1% | ||
| Q1 25 | 14.2% | -3.0% | ||
| Q4 24 | 17.1% | 4.1% | ||
| Q3 24 | 11.5% | 0.2% | ||
| Q2 24 | 16.1% | -12.8% |
每股收益（稀释后）IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.83 | ||
| Q3 25 | $0.35 | $-0.05 | ||
| Q2 25 | $0.20 | $-1.83 | ||
| Q1 25 | $0.27 | $-0.19 | ||
| Q4 24 | $0.30 | $0.41 | ||
| Q3 24 | $0.21 | $0.02 | ||
| Q2 24 | $0.27 | $-0.85 |
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 | — | $4.3M |
| 总债务越低越好 | — | $135.0M |
| 股东权益账面价值 | — | $202.3M |
| 总资产 | — | $572.6M |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $4.3M | ||
| Q3 25 | $88.5M | $12.1M | ||
| Q2 25 | $79.3M | $12.0M | ||
| Q1 25 | $50.9M | $10.4M | ||
| Q4 24 | $93.5M | $2.9M | ||
| Q3 24 | $159.6M | $6.0M | ||
| Q2 24 | $63.5M | $3.4M |
总债务IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $202.3M | ||
| Q3 25 | $450.5M | $184.6M | ||
| Q2 25 | $473.6M | $185.8M | ||
| Q1 25 | $518.4M | $225.7M | ||
| Q4 24 | $576.6M | $229.9M | ||
| Q3 24 | $663.8M | $220.9M | ||
| Q2 24 | $786.7M | $219.8M |
总资产IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $572.6M | ||
| Q3 25 | $2.6B | $581.1M | ||
| Q2 25 | $2.6B | $551.9M | ||
| Q1 25 | $2.6B | $594.6M | ||
| Q4 24 | $2.7B | $634.3M | ||
| Q3 24 | $2.8B | $668.7M | ||
| Q2 24 | $2.7B | $617.0M |
负债/权益比IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.05× | 0.62× | ||
| 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 | — | $3.7M |
| 自由现金流经营现金流 - 资本支出 | — | $2.6M |
| 自由现金流率自由现金流/营收 | — | 1.3% |
| 资本支出强度资本支出/营收 | 13.7% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.21× |
| 过去12个月自由现金流最近4个季度 | — | $3.3M |
8季度趋势，按日历期对齐
经营现金流IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $3.7M | ||
| Q3 25 | $100.8M | $-22.2M | ||
| Q2 25 | $129.6M | $9.3M | ||
| Q1 25 | $61.1M | $16.7M | ||
| Q4 24 | $104.8M | $20.3M | ||
| Q3 24 | $118.6M | $-22.7M | ||
| Q2 24 | $81.1M | $10.4M |
自由现金流IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $2.6M | ||
| Q3 25 | $79.2M | $-22.7M | ||
| Q2 25 | $108.9M | $8.2M | ||
| Q1 25 | $36.5M | $15.1M | ||
| Q4 24 | $80.5M | $19.7M | ||
| Q3 24 | $100.0M | $-23.2M | ||
| Q2 24 | $68.7M | $9.9M |
自由现金流率IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 1.3% | ||
| Q3 25 | 34.9% | -13.2% | ||
| Q2 25 | 50.2% | 6.2% | ||
| Q1 25 | 17.0% | 10.8% | ||
| Q4 24 | 37.8% | 9.1% | ||
| Q3 24 | 47.0% | -12.6% | ||
| Q2 24 | 34.2% | 7.0% |
资本支出强度IRDMLCUT
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 0.6% | ||
| Q3 25 | 9.5% | 0.3% | ||
| Q2 25 | 9.5% | 0.9% | ||
| Q1 25 | 11.4% | 1.1% | ||
| Q4 24 | 11.4% | 0.3% | ||
| Q3 24 | 8.7% | 0.3% | ||
| Q2 24 | 6.2% | 0.4% |
现金转化率IRDMLCUT
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | 0.21× | ||
| Q3 25 | 2.71× | — | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 2.88× | 2.28× | ||
| Q3 24 | 4.85× | -65.89× | ||
| Q2 24 | 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
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% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
