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铱星通信（IRDM）与Westrock Coffee Co（WEST）财务数据对比。点击上方公司名可切换其他公司
Westrock Coffee Co的季度营收约是铱星通信的1.5倍（$339.5M vs $219.1M），铱星通信净利率更高（9.9% vs -6.6%，领先16.5%），Westrock Coffee Co同比增速更快（48.3% vs 1.9%），过去两年Westrock Coffee Co的营收复合增速更高（32.8% 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。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
IRDM vs WEST — 直观对比
营收规模更大
WEST
是对方的1.5倍
$219.1M
营收增速更快
WEST
高出46.3%
1.9%
净利率更高
IRDM
高出16.5%
-6.6%
两年增速更快
WEST
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $219.1M | $339.5M |
| 净利润 | $21.6M | $-22.6M |
| 毛利率 | — | 11.5% |
| 营业利润率 | 23.2% | -2.6% |
| 净利率 | 9.9% | -6.6% |
| 营收同比 | 1.9% | 48.3% |
| 净利润同比 | — | 8.3% |
| 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IRDMWEST
| Q1 26 | $219.1M | — | ||
| Q4 25 | $212.9M | $339.5M | ||
| Q3 25 | $226.9M | $354.8M | ||
| Q2 25 | $216.9M | $280.9M | ||
| Q1 25 | $214.9M | $213.8M | ||
| Q4 24 | $213.0M | $229.0M | ||
| Q3 24 | $212.8M | $220.9M | ||
| Q2 24 | $201.1M | $208.4M |
净利润IRDMWEST
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $-22.6M | ||
| Q3 25 | $37.1M | $-19.1M | ||
| Q2 25 | $22.0M | $-21.6M | ||
| Q1 25 | $30.4M | $-27.2M | ||
| Q4 24 | $36.3M | $-24.6M | ||
| Q3 24 | $24.4M | $-14.3M | ||
| Q2 24 | $32.3M | $-17.8M |
毛利率IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 19.9% |
营业利润率IRDMWEST
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | -2.6% | ||
| Q3 25 | 30.9% | -2.4% | ||
| Q2 25 | 23.2% | -5.3% | ||
| Q1 25 | 28.1% | -6.1% | ||
| Q4 24 | 24.5% | -4.3% | ||
| Q3 24 | 25.8% | -5.8% | ||
| Q2 24 | 21.7% | -7.9% |
净利率IRDMWEST
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | -6.6% | ||
| Q3 25 | 16.4% | -5.4% | ||
| Q2 25 | 10.1% | -7.7% | ||
| Q1 25 | 14.2% | -12.7% | ||
| Q4 24 | 17.1% | -10.7% | ||
| Q3 24 | 11.5% | -6.5% | ||
| Q2 24 | 16.1% | -8.5% |
每股收益（稀释后）IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.22 | ||
| Q3 25 | $0.35 | $-0.20 | ||
| Q2 25 | $0.20 | $-0.23 | ||
| Q1 25 | $0.27 | $-0.29 | ||
| Q4 24 | $0.30 | $-0.26 | ||
| Q3 24 | $0.21 | $-0.16 | ||
| Q2 24 | $0.27 | $-0.20 |
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 | — | $49.9M |
| 总债务越低越好 | — | $444.1M |
| 股东权益账面价值 | — | $-1.9M |
| 总资产 | — | $1.2B |
| 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IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $49.9M | ||
| Q3 25 | $88.5M | $34.0M | ||
| Q2 25 | $79.3M | $44.0M | ||
| Q1 25 | $50.9M | $33.1M | ||
| Q4 24 | $93.5M | $26.2M | ||
| Q3 24 | $159.6M | $22.4M | ||
| Q2 24 | $63.5M | $24.3M |
总债务IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $-1.9M | ||
| Q3 25 | $450.5M | $11.4M | ||
| Q2 25 | $473.6M | $18.2M | ||
| Q1 25 | $518.4M | $71.4M | ||
| Q4 24 | $576.6M | $97.5M | ||
| Q3 24 | $663.8M | $110.3M | ||
| Q2 24 | $786.7M | $81.5M |
总资产IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $1.2B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | $2.6B | $1.1B | ||
| Q4 24 | $2.7B | $1.1B | ||
| Q3 24 | $2.8B | $1.1B | ||
| Q2 24 | $2.7B | $1.1B |
负债/权益比IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.05× | 4.03× | ||
| 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 | — | $36.7M |
| 自由现金流经营现金流 - 资本支出 | — | $27.8M |
| 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% | 2.6% |
| 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 | — | $-107.8M |
8季度趋势，按日历期对齐
经营现金流IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $36.7M | ||
| Q3 25 | $100.8M | $-26.6M | ||
| Q2 25 | $129.6M | $-7.0M | ||
| Q1 25 | $61.1M | $-22.1M | ||
| Q4 24 | $104.8M | $2.8M | ||
| Q3 24 | $118.6M | $-332.0K | ||
| Q2 24 | $81.1M | $-23.7M |
自由现金流IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $27.8M | ||
| Q3 25 | $79.2M | $-44.7M | ||
| Q2 25 | $108.9M | $-27.5M | ||
| Q1 25 | $36.5M | $-63.4M | ||
| Q4 24 | $80.5M | $-15.4M | ||
| Q3 24 | $100.0M | $-36.7M | ||
| Q2 24 | $68.7M | $-59.9M |
自由现金流率IRDMWEST
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 8.2% | ||
| Q3 25 | 34.9% | -12.6% | ||
| Q2 25 | 50.2% | -9.8% | ||
| Q1 25 | 17.0% | -29.7% | ||
| Q4 24 | 37.8% | -6.7% | ||
| Q3 24 | 47.0% | -16.6% | ||
| Q2 24 | 34.2% | -28.7% |
资本支出强度IRDMWEST
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 2.6% | ||
| Q3 25 | 9.5% | 5.1% | ||
| Q2 25 | 9.5% | 7.3% | ||
| Q1 25 | 11.4% | 19.3% | ||
| Q4 24 | 11.4% | 7.9% | ||
| Q3 24 | 8.7% | 16.5% | ||
| Q2 24 | 6.2% | 17.4% |
现金转化率IRDMWEST
| 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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
