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铱星通信（IRDM）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
印度钢铁管理局的季度营收约是铱星通信的1.3倍（$281.9M vs $219.1M），铱星通信净利率更高（9.9% vs -12.8%，领先22.6%），印度钢铁管理局同比增速更快（6.7% vs 1.9%）
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。
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
IRDM vs SAIL — 直观对比
营收规模更大
SAIL
是对方的1.3倍
$219.1M
营收增速更快
SAIL
高出4.7%
1.9%
净利率更高
IRDM
高出22.6%
-12.8%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $219.1M | $281.9M |
| 净利润 | $21.6M | $-36.0M |
| 毛利率 | — | 66.3% |
| 营业利润率 | 23.2% | -14.8% |
| 净利率 | 9.9% | -12.8% |
| 营收同比 | 1.9% | 6.7% |
| 净利润同比 | — | -240.9% |
| 每股收益（稀释后） | — | $-0.06 |
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IRDMSAIL
| Q1 26 | $219.1M | — | ||
| Q4 25 | $212.9M | $281.9M | ||
| Q3 25 | $226.9M | $264.4M | ||
| Q2 25 | $216.9M | $230.5M | ||
| Q1 25 | $214.9M | $240.1M | ||
| Q4 24 | $213.0M | — | ||
| Q3 24 | $212.8M | $198.6M | ||
| Q2 24 | $201.1M | $187.7M |
净利润IRDMSAIL
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $-36.0M | ||
| Q3 25 | $37.1M | $-10.6M | ||
| Q2 25 | $22.0M | $-187.3M | ||
| Q1 25 | $30.4M | $-80.1M | ||
| Q4 24 | $36.3M | — | ||
| Q3 24 | $24.4M | $-87.1M | ||
| Q2 24 | $32.3M | $-89.2M |
毛利率IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | — | 66.3% | ||
| Q3 25 | — | 67.3% | ||
| Q2 25 | — | 55.4% | ||
| Q1 25 | — | 66.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 62.1% | ||
| Q2 24 | — | 61.5% |
营业利润率IRDMSAIL
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | -14.8% | ||
| Q3 25 | 30.9% | -15.4% | ||
| Q2 25 | 23.2% | -80.3% | ||
| Q1 25 | 28.1% | -12.6% | ||
| Q4 24 | 24.5% | — | ||
| Q3 24 | 25.8% | -33.2% | ||
| Q2 24 | 21.7% | -36.3% |
净利率IRDMSAIL
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | -12.8% | ||
| Q3 25 | 16.4% | -4.0% | ||
| Q2 25 | 10.1% | -81.3% | ||
| Q1 25 | 14.2% | -33.4% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 11.5% | -43.9% | ||
| Q2 24 | 16.1% | -47.5% |
每股收益（稀释后）IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.06 | ||
| Q3 25 | $0.35 | $-0.02 | ||
| Q2 25 | $0.20 | $-0.42 | ||
| Q1 25 | $0.27 | $-6.50 | ||
| Q4 24 | $0.30 | — | ||
| Q3 24 | $0.21 | $-2.97 | ||
| Q2 24 | $0.27 | $-0.77 |
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 | — | $298.1M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | — | $6.8B |
| 总资产 | — | $7.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $298.1M | ||
| Q3 25 | $88.5M | $271.1M | ||
| Q2 25 | $79.3M | $228.1M | ||
| Q1 25 | $50.9M | $121.3M | ||
| Q4 24 | $93.5M | — | ||
| Q3 24 | $159.6M | $89.7M | ||
| Q2 24 | $63.5M | $146.8M |
总债务IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $6.8B | ||
| Q3 25 | $450.5M | $6.8B | ||
| Q2 25 | $473.6M | $6.8B | ||
| Q1 25 | $518.4M | $-5.6B | ||
| Q4 24 | $576.6M | — | ||
| Q3 24 | $663.8M | $-701.3M | ||
| Q2 24 | $786.7M | $-622.5M |
总资产IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $7.5B | ||
| Q3 25 | $2.6B | $7.4B | ||
| Q2 25 | $2.6B | $7.4B | ||
| Q1 25 | $2.6B | $7.4B | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.7B | — |
负债/权益比IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| 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 | — | $53.6M |
| 自由现金流经营现金流 - 资本支出 | — | $52.5M |
| 自由现金流率自由现金流/营收 | — | 18.6% |
| 资本支出强度资本支出/营收 | 13.7% | 0.4% |
| 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IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $53.6M | ||
| Q3 25 | $100.8M | $49.9M | ||
| Q2 25 | $129.6M | $-96.8M | ||
| Q1 25 | $61.1M | — | ||
| Q4 24 | $104.8M | — | ||
| Q3 24 | $118.6M | — | ||
| Q2 24 | $81.1M | $-55.4M |
自由现金流IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $52.5M | ||
| Q3 25 | $79.2M | $49.0M | ||
| Q2 25 | $108.9M | $-99.0M | ||
| Q1 25 | $36.5M | — | ||
| Q4 24 | $80.5M | — | ||
| Q3 24 | $100.0M | — | ||
| Q2 24 | $68.7M | $-56.0M |
自由现金流率IRDMSAIL
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 18.6% | ||
| Q3 25 | 34.9% | 18.5% | ||
| Q2 25 | 50.2% | -43.0% | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 37.8% | — | ||
| Q3 24 | 47.0% | — | ||
| Q2 24 | 34.2% | -29.8% |
资本支出强度IRDMSAIL
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 0.4% | ||
| Q3 25 | 9.5% | 0.4% | ||
| Q2 25 | 9.5% | 1.0% | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 6.2% | 0.3% |
现金转化率IRDMSAIL
| 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× | — |
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% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
