vs
C3.ai, Inc.（AI）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是C3.ai, Inc.的1.1倍（$81.3M vs $75.1M），Planet Labs PBC净利率更高（-72.8% vs -139.3%，领先66.4%），Planet Labs PBC同比增速更快（32.6% vs -20.3%），Planet Labs PBC自由现金流更多（$1.9M vs $-46.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs -2.1%）
C3.ai是全球领先的企业级人工智能软件供应商，主要开发销售可扩展的AI应用、平台工具及垂直行业定制解决方案，服务覆盖制造、能源、金融、医疗、公共部门等领域，助力客户优化运营、降本增效、管控风险，实现数据驱动的业务决策。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
AI vs PL — 直观对比
营收规模更大
PL
是对方的1.1倍
$75.1M
营收增速更快
PL
高出53.0%
-20.3%
净利率更高
PL
高出66.4%
-139.3%
自由现金流更多
PL
多$48.8M
$-46.9M
两年增速更快
PL
近两年复合增速
-2.1%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $81.3M |
| 净利润 | $-104.7M | $-59.2M |
| 毛利率 | 40.4% | 57.3% |
| 营业利润率 | -149.2% | -22.6% |
| 净利率 | -139.3% | -72.8% |
| 营收同比 | -20.3% | 32.6% |
| 净利润同比 | -58.7% | -194.7% |
| 每股收益（稀释后） | $-0.75 | $-0.19 |
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AIPL
| Q4 25 | $75.1M | $81.3M | ||
| Q3 25 | $70.3M | $73.4M | ||
| Q2 25 | $108.7M | $66.3M | ||
| Q1 25 | $98.8M | $61.6M | ||
| Q4 24 | $94.3M | $61.3M | ||
| Q3 24 | $87.2M | $61.1M | ||
| Q2 24 | $86.6M | $60.4M | ||
| Q1 24 | $78.4M | $58.9M |
净利润AIPL
| Q4 25 | $-104.7M | $-59.2M | ||
| Q3 25 | $-116.8M | $-22.6M | ||
| Q2 25 | $-79.7M | $-12.6M | ||
| Q1 25 | $-80.2M | $-35.2M | ||
| Q4 24 | $-66.0M | $-20.1M | ||
| Q3 24 | $-62.8M | $-38.7M | ||
| Q2 24 | $-72.9M | $-29.3M | ||
| Q1 24 | $-72.6M | $-30.1M |
毛利率AIPL
| Q4 25 | 40.4% | 57.3% | ||
| Q3 25 | 37.6% | 57.6% | ||
| Q2 25 | 62.1% | 55.2% | ||
| Q1 25 | 59.1% | 62.1% | ||
| Q4 24 | 61.3% | 61.2% | ||
| Q3 24 | 59.8% | 52.9% | ||
| Q2 24 | 59.6% | 52.4% | ||
| Q1 24 | 57.8% | 55.2% |
营业利润率AIPL
| Q4 25 | -149.2% | -22.6% | ||
| Q3 25 | -177.7% | -24.5% | ||
| Q2 25 | -81.8% | -34.4% | ||
| Q1 25 | -88.7% | -31.5% | ||
| Q4 24 | -79.8% | -36.9% | ||
| Q3 24 | -83.2% | -64.8% | ||
| Q2 24 | -95.1% | -57.2% | ||
| Q1 24 | -105.3% | -57.6% |
净利率AIPL
| Q4 25 | -139.3% | -72.8% | ||
| Q3 25 | -166.2% | -30.8% | ||
| Q2 25 | -73.3% | -19.1% | ||
| Q1 25 | -81.2% | -57.1% | ||
| Q4 24 | -69.9% | -32.8% | ||
| Q3 24 | -72.0% | -63.3% | ||
| Q2 24 | -84.2% | -48.5% | ||
| Q1 24 | -92.6% | -51.1% |
每股收益（稀释后）AIPL
| Q4 25 | $-0.75 | $-0.19 | ||
| Q3 25 | $-0.86 | $-0.07 | ||
| Q2 25 | $-0.60 | $-0.04 | ||
| Q1 25 | $-0.62 | $-0.12 | ||
| Q4 24 | $-0.52 | $-0.07 | ||
| Q3 24 | $-0.50 | $-0.13 | ||
| Q2 24 | $-0.59 | $-0.10 | ||
| Q1 24 | $-0.60 | $-0.10 |
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 | $675.0M | $443.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $771.9M | $349.6M |
| 总资产 | $961.3M | $1.1B |
| 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AIPL
| Q4 25 | $675.0M | $443.3M | ||
| Q3 25 | $711.9M | $181.1M | ||
| Q2 25 | $742.7M | $133.5M | ||
| Q1 25 | $724.3M | $118.0M | ||
| Q4 24 | $730.4M | $139.0M | ||
| Q3 24 | $762.5M | $148.3M | ||
| Q2 24 | $750.4M | $107.4M | ||
| Q1 24 | $723.3M | $83.9M |
股东权益AIPL
| Q4 25 | $771.9M | $349.6M | ||
| Q3 25 | $798.8M | $435.7M | ||
| Q2 25 | $838.3M | $444.8M | ||
| Q1 25 | $860.2M | $441.3M | ||
| Q4 24 | $859.0M | $464.6M | ||
| Q3 24 | $874.9M | $473.2M | ||
| Q2 24 | $873.4M | $500.3M | ||
| Q1 24 | $898.0M | $518.0M |
总资产AIPL
| Q4 25 | $961.3M | $1.1B | ||
| Q3 25 | $968.7M | $696.4M | ||
| Q2 25 | $1.0B | $658.4M | ||
| Q1 25 | $1.1B | $633.8M | ||
| Q4 24 | $1.0B | $630.8M | ||
| Q3 24 | $1.1B | $658.4M | ||
| Q2 24 | $1.0B | $674.6M | ||
| Q1 24 | $1.1B | $702.0M |
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 | $-46.5M | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $-46.9M | $1.9M |
| 自由现金流率自由现金流/营收 | -62.4% | 2.3% |
| 资本支出强度资本支出/营收 | 0.5% | 32.9% |
| 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 | $-93.2M | $40.7M |
8季度趋势，按日历期对齐
经营现金流AIPL
| Q4 25 | $-46.5M | $28.6M | ||
| Q3 25 | $-33.5M | $67.8M | ||
| Q2 25 | $11.3M | $17.3M | ||
| Q1 25 | $-22.0M | $-6.3M | ||
| Q4 24 | $-38.7M | $4.1M | ||
| Q3 24 | $8.0M | $-7.9M | ||
| Q2 24 | $21.3M | $-4.3M | ||
| Q1 24 | $-39.1M | $-6.8M |
自由现金流AIPL
| Q4 25 | $-46.9M | $1.9M | ||
| Q3 25 | $-34.3M | $47.5M | ||
| Q2 25 | $10.3M | $9.2M | ||
| Q1 25 | $-22.4M | $-17.9M | ||
| Q4 24 | $-39.5M | $-3.6M | ||
| Q3 24 | $7.1M | $-23.0M | ||
| Q2 24 | $18.8M | $-14.2M | ||
| Q1 24 | $-45.1M | $-15.7M |
自由现金流率AIPL
| Q4 25 | -62.4% | 2.3% | ||
| Q3 25 | -48.8% | 64.7% | ||
| Q2 25 | 9.5% | 13.9% | ||
| Q1 25 | -22.7% | -29.1% | ||
| Q4 24 | -41.9% | -5.8% | ||
| Q3 24 | 8.2% | -37.6% | ||
| Q2 24 | 21.7% | -23.6% | ||
| Q1 24 | -57.6% | -26.7% |
资本支出强度AIPL
| Q4 25 | 0.5% | 32.9% | ||
| Q3 25 | 1.1% | 27.6% | ||
| Q2 25 | 0.9% | 12.3% | ||
| Q1 25 | 0.4% | 18.9% | ||
| Q4 24 | 0.9% | 12.5% | ||
| Q3 24 | 1.1% | 24.8% | ||
| Q2 24 | 2.9% | 16.4% | ||
| Q1 24 | 7.8% | 15.1% |
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
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
