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铱星通信（IRDM）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
MACERICH CO的季度营收约是铱星通信的1.2倍（$261.7M vs $219.1M），铱星通信净利率更高（9.9% vs -7.2%，领先17.0%），铱星通信同比增速更快（1.9% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% 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。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
IRDM vs MAC — 直观对比
营收规模更大
MAC
是对方的1.2倍
$219.1M
营收增速更快
IRDM
高出6.3%
-4.4%
净利率更高
IRDM
高出17.0%
-7.2%
两年增速更快
MAC
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $219.1M | $261.7M |
| 净利润 | $21.6M | $-18.8M |
| 毛利率 | — | — |
| 营业利润率 | 23.2% | — |
| 净利率 | 9.9% | -7.2% |
| 营收同比 | 1.9% | -4.4% |
| 净利润同比 | — | 91.1% |
| 每股收益（稀释后） | — | $-0.08 |
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IRDMMAC
| Q1 26 | $219.1M | — | ||
| Q4 25 | $212.9M | $261.7M | ||
| Q3 25 | $226.9M | $253.3M | ||
| Q2 25 | $216.9M | $249.8M | ||
| Q1 25 | $214.9M | $249.2M | ||
| Q4 24 | $213.0M | $273.7M | ||
| Q3 24 | $212.8M | $220.2M | ||
| Q2 24 | $201.1M | $215.5M |
净利润IRDMMAC
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $-18.8M | ||
| Q3 25 | $37.1M | $-87.4M | ||
| Q2 25 | $22.0M | $-40.9M | ||
| Q1 25 | $30.4M | $-50.1M | ||
| Q4 24 | $36.3M | $-211.2M | ||
| Q3 24 | $24.4M | $-108.2M | ||
| Q2 24 | $32.3M | $252.0M |
营业利润率IRDMMAC
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | — | ||
| Q3 25 | 30.9% | — | ||
| Q2 25 | 23.2% | — | ||
| Q1 25 | 28.1% | — | ||
| Q4 24 | 24.5% | — | ||
| Q3 24 | 25.8% | — | ||
| Q2 24 | 21.7% | — |
净利率IRDMMAC
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | -7.2% | ||
| Q3 25 | 16.4% | -34.5% | ||
| Q2 25 | 10.1% | -16.4% | ||
| Q1 25 | 14.2% | -20.1% | ||
| Q4 24 | 17.1% | -77.2% | ||
| Q3 24 | 11.5% | -49.1% | ||
| Q2 24 | 16.1% | 116.9% |
每股收益（稀释后）IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.08 | ||
| Q3 25 | $0.35 | $-0.34 | ||
| Q2 25 | $0.20 | $-0.16 | ||
| Q1 25 | $0.27 | $-0.20 | ||
| Q4 24 | $0.30 | $-0.95 | ||
| Q3 24 | $0.21 | $-0.50 | ||
| Q2 24 | $0.27 | $1.16 |
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 | — | $280.2M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | — | $2.4B |
| 总资产 | — | $8.4B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $280.2M | ||
| Q3 25 | $88.5M | $290.2M | ||
| Q2 25 | $79.3M | $131.1M | ||
| Q1 25 | $50.9M | $253.2M | ||
| Q4 24 | $93.5M | $89.9M | ||
| Q3 24 | $159.6M | $116.5M | ||
| Q2 24 | $63.5M | $70.7M |
总债务IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $5.1B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.2B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | $1.8B | $4.9B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
股东权益IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $2.4B | ||
| Q3 25 | $450.5M | $2.5B | ||
| Q2 25 | $473.6M | $2.6B | ||
| Q1 25 | $518.4M | $2.7B | ||
| Q4 24 | $576.6M | $2.8B | ||
| Q3 24 | $663.8M | $2.5B | ||
| Q2 24 | $786.7M | $2.5B |
总资产IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $8.4B | ||
| Q3 25 | $2.6B | $8.4B | ||
| Q2 25 | $2.6B | $8.7B | ||
| Q1 25 | $2.6B | $8.7B | ||
| Q4 24 | $2.7B | $8.6B | ||
| Q3 24 | $2.8B | $7.6B | ||
| Q2 24 | $2.7B | $7.8B |
负债/权益比IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | 2.07× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | 3.05× | 1.78× | ||
| Q3 24 | — | 1.73× | ||
| Q2 24 | — | 1.75× |
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 | — | $50.2M |
| 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 | 13.7% | — |
| 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IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $50.2M | ||
| Q3 25 | $100.8M | $112.4M | ||
| Q2 25 | $129.6M | $70.5M | ||
| Q1 25 | $61.1M | $88.5M | ||
| Q4 24 | $104.8M | $54.9M | ||
| Q3 24 | $118.6M | $100.0M | ||
| Q2 24 | $81.1M | $67.4M |
自由现金流IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | — | ||
| Q3 25 | $79.2M | — | ||
| Q2 25 | $108.9M | — | ||
| Q1 25 | $36.5M | — | ||
| Q4 24 | $80.5M | — | ||
| Q3 24 | $100.0M | — | ||
| Q2 24 | $68.7M | — |
自由现金流率IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | — | ||
| Q3 25 | 34.9% | — | ||
| Q2 25 | 50.2% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 37.8% | — | ||
| Q3 24 | 47.0% | — | ||
| Q2 24 | 34.2% | — |
资本支出强度IRDMMAC
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | — | ||
| Q3 25 | 9.5% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 6.2% | — |
现金转化率IRDMMAC
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | — | ||
| Q3 25 | 2.71× | — | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 2.88× | — | ||
| Q3 24 | 4.85× | — | ||
| Q2 24 | 2.51× | 0.27× |
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% |
MAC
暂无分部数据
