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铱星通信（IRDM）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的1.5倍（$219.1M vs $151.1M），STURM RUGER & CO INC同比增速更快（3.6% vs 1.9%），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% 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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
IRDM vs RGR — 直观对比
营收规模更大
IRDM
是对方的1.5倍
$151.1M
营收增速更快
RGR
高出1.7%
1.9%
两年增速更快
RGR
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $219.1M | $151.1M |
| 净利润 | $21.6M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | 23.2% | 2.3% |
| 净利率 | 9.9% | — |
| 营收同比 | 1.9% | 3.6% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $0.22 |
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IRDMRGR
| Q1 26 | $219.1M | — | ||
| Q4 25 | $212.9M | $151.1M | ||
| Q3 25 | $226.9M | $126.8M | ||
| Q2 25 | $216.9M | $132.5M | ||
| Q1 25 | $214.9M | $135.7M | ||
| Q4 24 | $213.0M | $145.8M | ||
| Q3 24 | $212.8M | $122.3M | ||
| Q2 24 | $201.1M | $130.8M |
净利润IRDMRGR
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | — | ||
| Q3 25 | $37.1M | $1.6M | ||
| Q2 25 | $22.0M | $-17.2M | ||
| Q1 25 | $30.4M | $7.8M | ||
| Q4 24 | $36.3M | — | ||
| Q3 24 | $24.4M | $4.7M | ||
| Q2 24 | $32.3M | $8.3M |
毛利率IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% |
营业利润率IRDMRGR
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 2.3% | ||
| Q3 25 | 30.9% | -2.7% | ||
| Q2 25 | 23.2% | -15.6% | ||
| Q1 25 | 28.1% | 6.2% | ||
| Q4 24 | 24.5% | 7.8% | ||
| Q3 24 | 25.8% | 3.1% | ||
| Q2 24 | 21.7% | 6.9% |
净利率IRDMRGR
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 16.4% | 1.2% | ||
| Q2 25 | 10.1% | -13.0% | ||
| Q1 25 | 14.2% | 5.7% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 11.5% | 3.9% | ||
| Q2 24 | 16.1% | 6.3% |
每股收益（稀释后）IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.22 | ||
| Q3 25 | $0.35 | $0.10 | ||
| Q2 25 | $0.20 | $-1.05 | ||
| Q1 25 | $0.27 | $0.46 | ||
| Q4 24 | $0.30 | $0.62 | ||
| Q3 24 | $0.21 | $0.28 | ||
| Q2 24 | $0.27 | $0.47 |
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 | — | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $283.8M |
| 总资产 | — | $342.0M |
| 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IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $92.5M | ||
| Q3 25 | $88.5M | $80.8M | ||
| Q2 25 | $79.3M | $101.4M | ||
| Q1 25 | $50.9M | $108.3M | ||
| Q4 24 | $93.5M | $105.5M | ||
| Q3 24 | $159.6M | $96.0M | ||
| Q2 24 | $63.5M | $105.6M |
总债务IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $283.8M | ||
| Q3 25 | $450.5M | $279.6M | ||
| Q2 25 | $473.6M | $289.3M | ||
| Q1 25 | $518.4M | $321.5M | ||
| Q4 24 | $576.6M | $319.6M | ||
| Q3 24 | $663.8M | $314.9M | ||
| Q2 24 | $786.7M | $321.5M |
总资产IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $342.0M | ||
| Q3 25 | $2.6B | $342.3M | ||
| Q2 25 | $2.6B | $349.5M | ||
| Q1 25 | $2.6B | $379.0M | ||
| Q4 24 | $2.7B | $384.0M | ||
| Q3 24 | $2.8B | $373.5M | ||
| Q2 24 | $2.7B | $376.7M |
负债/权益比IRDMRGR
| 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 | — | $15.5M |
| 自由现金流经营现金流 - 资本支出 | — | $12.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | 13.7% | 2.1% |
| 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 | — | $38.5M |
8季度趋势，按日历期对齐
经营现金流IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $15.5M | ||
| Q3 25 | $100.8M | $12.9M | ||
| Q2 25 | $129.6M | $14.7M | ||
| Q1 25 | $61.1M | $11.1M | ||
| Q4 24 | $104.8M | $20.0M | ||
| Q3 24 | $118.6M | $9.4M | ||
| Q2 24 | $81.1M | $18.7M |
自由现金流IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $12.3M | ||
| Q3 25 | $79.2M | $7.0M | ||
| Q2 25 | $108.9M | $9.1M | ||
| Q1 25 | $36.5M | $10.0M | ||
| Q4 24 | $80.5M | $16.4M | ||
| Q3 24 | $100.0M | $2.6M | ||
| Q2 24 | $68.7M | $10.1M |
自由现金流率IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 8.2% | ||
| Q3 25 | 34.9% | 5.5% | ||
| Q2 25 | 50.2% | 6.9% | ||
| Q1 25 | 17.0% | 7.4% | ||
| Q4 24 | 37.8% | 11.2% | ||
| Q3 24 | 47.0% | 2.1% | ||
| Q2 24 | 34.2% | 7.7% |
资本支出强度IRDMRGR
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 2.1% | ||
| Q3 25 | 9.5% | 4.6% | ||
| Q2 25 | 9.5% | 4.2% | ||
| Q1 25 | 11.4% | 0.8% | ||
| Q4 24 | 11.4% | 2.5% | ||
| Q3 24 | 8.7% | 5.5% | ||
| Q2 24 | 6.2% | 6.6% |
现金转化率IRDMRGR
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | — | ||
| Q3 25 | 2.71× | 8.15× | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | 1.43× | ||
| Q4 24 | 2.88× | — | ||
| Q3 24 | 4.85× | 1.98× | ||
| Q2 24 | 2.51× | 2.27× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
