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Satellogic Inc.（SATL）与Unusual Machines, Inc.（UMAC）财务数据对比。点击上方公司名可切换其他公司
Satellogic Inc.的季度营收约是Unusual Machines, Inc.的1.3倍（$6.2M vs $4.9M）。Satellogic Inc.净利率更高（488.0% vs -215.7%，领先703.7%）
Satellogic Inc.是一家专注于对地观测卫星领域的企业，由埃米利亚诺·卡吉曼和杰拉多·里查特于2010年创立，核心业务围绕地球观测卫星的研发与应用展开，为各类行业需求提供卫星遥感相关的数据与解决方案。
该公司是一家美国人工智能初创企业，由OpenAI前首席技术官米拉·穆拉蒂创立于2025年2月，总部位于旧金山，为公益企业架构。截至同年7月，该公司已完成由a16z领投的早期融资，英伟达、AMD、思科、简街等投资方共计出资20亿美元，公司整体估值达120亿美元。
SATL vs UMAC — 直观对比
营收规模更大
SATL
是对方的1.3倍
$4.9M
净利率更高
SATL
高出703.7%
-215.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.2M | $4.9M |
| 净利润 | $30.5M | $-10.6M |
| 毛利率 | — | 36.2% |
| 营业利润率 | -114.2% | -198.7% |
| 净利率 | 488.0% | -215.7% |
| 营收同比 | — | 144.4% |
| 净利润同比 | — | 61.0% |
| 每股收益（稀释后） | $0.24 | $-0.26 |
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SATLUMAC
| Q4 25 | $6.2M | $4.9M | ||
| Q3 25 | $3.6M | $2.1M | ||
| Q2 25 | $4.4M | $2.1M | ||
| Q1 25 | $3.4M | $2.0M | ||
| Q4 24 | — | $2.0M | ||
| Q3 24 | — | $1.5M | ||
| Q2 24 | $3.5M | $1.4M | ||
| Q1 24 | — | $618.9K |
净利润SATLUMAC
| Q4 25 | $30.5M | $-10.6M | ||
| Q3 25 | $4.0M | $1.6M | ||
| Q2 25 | $-6.7M | $-7.0M | ||
| Q1 25 | $-32.6M | $-3.3M | ||
| Q4 24 | — | $-27.1M | ||
| Q3 24 | — | $-2.1M | ||
| Q2 24 | $-18.1M | $-1.6M | ||
| Q1 24 | — | $-1.1M |
毛利率SATLUMAC
| Q4 25 | — | 36.2% | ||
| Q3 25 | — | 39.4% | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 27.7% | ||
| Q3 24 | — | 26.1% | ||
| Q2 24 | — | 27.5% | ||
| Q1 24 | — | 33.0% |
营业利润率SATLUMAC
| Q4 25 | -114.2% | -198.7% | ||
| Q3 25 | -222.5% | -232.4% | ||
| Q2 25 | -141.6% | -338.5% | ||
| Q1 25 | -280.9% | -160.0% | ||
| Q4 24 | — | -642.3% | ||
| Q3 24 | — | -95.4% | ||
| Q2 24 | -419.2% | -111.4% | ||
| Q1 24 | — | -175.5% |
净利率SATLUMAC
| Q4 25 | 488.0% | -215.7% | ||
| Q3 25 | 109.2% | 75.1% | ||
| Q2 25 | -149.8% | -327.9% | ||
| Q1 25 | -961.9% | -159.9% | ||
| Q4 24 | — | -1353.2% | ||
| Q3 24 | — | -140.0% | ||
| Q2 24 | -517.0% | -114.3% | ||
| Q1 24 | — | -178.7% |
每股收益（稀释后）SATLUMAC
| Q4 25 | $0.24 | $-0.26 | ||
| Q3 25 | $-0.02 | $0.05 | ||
| Q2 25 | $-0.06 | $-0.32 | ||
| Q1 25 | $-0.34 | $-0.21 | ||
| Q4 24 | — | $-3.20 | ||
| Q3 24 | — | $-0.30 | ||
| Q2 24 | $-0.20 | $-0.16 | ||
| Q1 24 | — | $-0.18 |
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 | $94.4M | $142.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $60.5M | $174.9M |
| 总资产 | $151.3M | $182.7M |
| 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SATLUMAC
| Q4 25 | $94.4M | $142.5M | ||
| Q3 25 | $28.3M | $81.1M | ||
| Q2 25 | $32.6M | $38.9M | ||
| Q1 25 | $17.7M | $5.0M | ||
| Q4 24 | — | $3.8M | ||
| Q3 24 | — | $1.7M | ||
| Q2 24 | $25.6M | $2.2M | ||
| Q1 24 | — | $3.2M |
股东权益SATLUMAC
| Q4 25 | $60.5M | $174.9M | ||
| Q3 25 | $-56.9M | $106.0M | ||
| Q2 25 | $-68.1M | $51.3M | ||
| Q1 25 | $-83.1M | $15.9M | ||
| Q4 24 | — | $14.8M | ||
| Q3 24 | — | $19.2M | ||
| Q2 24 | $19.1M | $20.0M | ||
| Q1 24 | — | $21.2M |
总资产SATLUMAC
| Q4 25 | $151.3M | $182.7M | ||
| Q3 25 | $70.9M | $113.1M | ||
| Q2 25 | $73.8M | $52.4M | ||
| Q1 25 | $61.4M | $17.3M | ||
| Q4 24 | — | $16.1M | ||
| Q3 24 | — | $24.5M | ||
| Q2 24 | $76.6M | $25.2M | ||
| Q1 24 | — | $24.2M |
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 | $-9.5M | $-9.8M |
| 自由现金流经营现金流 - 资本支出 | $-12.8M | — |
| 自由现金流率自由现金流/营收 | -204.9% | — |
| 资本支出强度资本支出/营收 | 53.6% | — |
| 现金转化率经营现金流/净利润 | -0.31× | — |
| 过去12个月自由现金流最近4个季度 | $-34.3M | — |
8季度趋势，按日历期对齐
经营现金流SATLUMAC
| Q4 25 | $-9.5M | $-9.8M | ||
| Q3 25 | $-8.4M | $-7.5M | ||
| Q2 25 | $-4.3M | $-2.7M | ||
| Q1 25 | $-4.7M | $-1.2M | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $-536.7K | ||
| Q2 24 | — | $-986.2K | ||
| Q1 24 | — | $-1.2M |
自由现金流SATLUMAC
| Q4 25 | $-12.8M | — | ||
| Q3 25 | $-9.7M | $-8.8M | ||
| Q2 25 | $-5.1M | — | ||
| Q1 25 | $-6.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率SATLUMAC
| Q4 25 | -204.9% | — | ||
| Q3 25 | -267.2% | -413.2% | ||
| Q2 25 | -115.3% | — | ||
| Q1 25 | -195.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度SATLUMAC
| Q4 25 | 53.6% | — | ||
| Q3 25 | 36.8% | 60.3% | ||
| Q2 25 | 17.5% | — | ||
| Q1 25 | 56.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率SATLUMAC
| Q4 25 | -0.31× | — | ||
| Q3 25 | -2.11× | -4.70× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
