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铱星通信（IRDM）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是铱星通信的1.9倍（$411.1M vs $219.1M），UiPath, Inc.净利率更高（48.4% vs 9.9%，领先38.5%），UiPath, Inc.同比增速更快（15.9% vs 1.9%），过去两年铱星通信的营收复合增速更高（4.4% vs 0.7%）
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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
IRDM vs PATH — 直观对比
营收规模更大
PATH
是对方的1.9倍
$219.1M
营收增速更快
PATH
高出14.0%
1.9%
净利率更高
PATH
高出38.5%
9.9%
两年增速更快
IRDM
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $219.1M | $411.1M |
| 净利润 | $21.6M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 23.2% | 3.2% |
| 净利率 | 9.9% | 48.4% |
| 营收同比 | 1.9% | 15.9% |
| 净利润同比 | — | 1966.2% |
| 每股收益（稀释后） | — | $0.37 |
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IRDMPATH
| Q1 26 | $219.1M | — | ||
| Q4 25 | $212.9M | $411.1M | ||
| Q3 25 | $226.9M | $361.7M | ||
| Q2 25 | $216.9M | $356.6M | ||
| Q1 25 | $214.9M | $423.6M | ||
| Q4 24 | $213.0M | $354.7M | ||
| Q3 24 | $212.8M | $316.3M | ||
| Q2 24 | $201.1M | $335.1M |
净利润IRDMPATH
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $198.8M | ||
| Q3 25 | $37.1M | $1.6M | ||
| Q2 25 | $22.0M | $-22.6M | ||
| Q1 25 | $30.4M | $51.8M | ||
| Q4 24 | $36.3M | $-10.7M | ||
| Q3 24 | $24.4M | $-86.1M | ||
| Q2 24 | $32.3M | $-28.7M |
毛利率IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | — | 83.3% | ||
| Q3 25 | — | 82.2% | ||
| Q2 25 | — | 82.1% | ||
| Q1 25 | — | 84.8% | ||
| Q4 24 | — | 82.0% | ||
| Q3 24 | — | 80.0% | ||
| Q2 24 | — | 83.5% |
营业利润率IRDMPATH
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 3.2% | ||
| Q3 25 | 30.9% | -5.6% | ||
| Q2 25 | 23.2% | -4.6% | ||
| Q1 25 | 28.1% | 7.9% | ||
| Q4 24 | 24.5% | -12.2% | ||
| Q3 24 | 25.8% | -32.7% | ||
| Q2 24 | 21.7% | -14.8% |
净利率IRDMPATH
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | 48.4% | ||
| Q3 25 | 16.4% | 0.4% | ||
| Q2 25 | 10.1% | -6.3% | ||
| Q1 25 | 14.2% | 12.2% | ||
| Q4 24 | 17.1% | -3.0% | ||
| Q3 24 | 11.5% | -27.2% | ||
| Q2 24 | 16.1% | -8.6% |
每股收益（稀释后）IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.37 | ||
| Q3 25 | $0.35 | $0.00 | ||
| Q2 25 | $0.20 | $-0.04 | ||
| Q1 25 | $0.27 | $0.09 | ||
| Q4 24 | $0.30 | $-0.02 | ||
| Q3 24 | $0.21 | $-0.15 | ||
| Q2 24 | $0.27 | $-0.05 |
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 | — | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.9B |
| 总资产 | — | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $1.4B | ||
| Q3 25 | $88.5M | $1.4B | ||
| Q2 25 | $79.3M | $1.6B | ||
| Q1 25 | $50.9M | $1.6B | ||
| Q4 24 | $93.5M | $1.6B | ||
| Q3 24 | $159.6M | $1.7B | ||
| Q2 24 | $63.5M | $1.9B |
总债务IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $1.9B | ||
| Q3 25 | $450.5M | $1.7B | ||
| Q2 25 | $473.6M | $1.7B | ||
| Q1 25 | $518.4M | $1.8B | ||
| Q4 24 | $576.6M | $1.7B | ||
| Q3 24 | $663.8M | $1.8B | ||
| Q2 24 | $786.7M | $2.0B |
总资产IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $2.9B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.6B | $2.6B | ||
| Q1 25 | $2.6B | $2.9B | ||
| Q4 24 | $2.7B | $2.7B | ||
| Q3 24 | $2.8B | $2.7B | ||
| Q2 24 | $2.7B | $2.8B |
负债/权益比IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | — | $28.3M |
| 自由现金流经营现金流 - 资本支出 | — | $25.1M |
| 自由现金流率自由现金流/营收 | — | 6.1% |
| 资本支出强度资本支出/营收 | 13.7% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.14× |
| 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IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $28.3M | ||
| Q3 25 | $100.8M | $41.6M | ||
| Q2 25 | $129.6M | $119.0M | ||
| Q1 25 | $61.1M | $146.1M | ||
| Q4 24 | $104.8M | $28.1M | ||
| Q3 24 | $118.6M | $46.4M | ||
| Q2 24 | $81.1M | $100.0M |
自由现金流IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $25.1M | ||
| Q3 25 | $79.2M | — | ||
| Q2 25 | $108.9M | $106.2M | ||
| Q1 25 | $36.5M | $138.7M | ||
| Q4 24 | $80.5M | $23.2M | ||
| Q3 24 | $100.0M | $45.0M | ||
| Q2 24 | $68.7M | $98.8M |
自由现金流率IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 6.1% | ||
| Q3 25 | 34.9% | — | ||
| Q2 25 | 50.2% | 29.8% | ||
| Q1 25 | 17.0% | 32.7% | ||
| Q4 24 | 37.8% | 6.5% | ||
| Q3 24 | 47.0% | 14.2% | ||
| Q2 24 | 34.2% | 29.5% |
资本支出强度IRDMPATH
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 0.8% | ||
| Q3 25 | 9.5% | 0.0% | ||
| Q2 25 | 9.5% | 3.6% | ||
| Q1 25 | 11.4% | 1.7% | ||
| Q4 24 | 11.4% | 1.4% | ||
| Q3 24 | 8.7% | 0.4% | ||
| Q2 24 | 6.2% | 0.4% |
现金转化率IRDMPATH
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | 0.14× | ||
| Q3 25 | 2.71× | 26.25× | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | 2.82× | ||
| Q4 24 | 2.88× | — | ||
| Q3 24 | 4.85× | — | ||
| 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% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
