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Powerfleet, Inc.（AIOT）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Rocket Lab Corp的季度营收约是Powerfleet, Inc.的1.6倍（$179.7M vs $113.5M），Powerfleet, Inc.净利率更高（-3.0% vs -29.5%，领先26.5%），Rocket Lab Corp同比增速更快（35.7% vs 6.6%），Powerfleet, Inc.自由现金流更多（$4.9M vs $-114.2M），过去两年Powerfleet, Inc.的营收复合增速更高（81.2% vs 39.2%）
Powerfleet Inc.是一家总部位于美国新泽西州伍德克利夫湖的企业，作为全球供应商向市场提供物联网与机器对机器解决方案，助力企业保护、管控及追踪高价值资产。公司是国际车联网行业的知名服务商，可为工业车辆、车队及货运集装箱提供车队管理、资产追踪、货运可视化与驾驶员行为监控服务。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
AIOT vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.6倍
$113.5M
营收增速更快
RKLB
高出29.1%
6.6%
净利率更高
AIOT
高出26.5%
-29.5%
自由现金流更多
AIOT
多$119.1M
$-114.2M
两年增速更快
AIOT
近两年复合增速
39.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $113.5M | $179.7M |
| 净利润 | $-3.4M | $-52.9M |
| 毛利率 | 55.2% | 38.0% |
| 营业利润率 | 5.6% | -28.4% |
| 净利率 | -3.0% | -29.5% |
| 营收同比 | 6.6% | 35.7% |
| 净利润同比 | 76.6% | -1.1% |
| 每股收益（稀释后） | $-0.03 | $-0.09 |
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AIOTRKLB
| Q4 25 | $113.5M | $179.7M | ||
| Q3 25 | $111.7M | $155.1M | ||
| Q2 25 | $104.1M | $144.5M | ||
| Q1 25 | $103.6M | $122.6M | ||
| Q4 24 | $106.4M | $132.4M | ||
| Q3 24 | $77.0M | $104.8M | ||
| Q2 24 | $75.4M | $106.3M | ||
| Q1 24 | — | $92.8M |
净利润AIOTRKLB
| Q4 25 | $-3.4M | $-52.9M | ||
| Q3 25 | $-4.3M | $-18.3M | ||
| Q2 25 | $-10.2M | $-66.4M | ||
| Q1 25 | $-12.4M | $-60.6M | ||
| Q4 24 | $-14.3M | $-52.3M | ||
| Q3 24 | $-1.9M | $-51.9M | ||
| Q2 24 | $-22.3M | $-41.6M | ||
| Q1 24 | — | $-44.3M |
毛利率AIOTRKLB
| Q4 25 | 55.2% | 38.0% | ||
| Q3 25 | 56.0% | 37.0% | ||
| Q2 25 | 54.2% | 32.1% | ||
| Q1 25 | 52.8% | 28.8% | ||
| Q4 24 | 55.2% | 27.8% | ||
| Q3 24 | 53.7% | 26.7% | ||
| Q2 24 | 52.6% | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率AIOTRKLB
| Q4 25 | 5.6% | -28.4% | ||
| Q3 25 | 3.8% | -38.0% | ||
| Q2 25 | -2.0% | -41.3% | ||
| Q1 25 | -6.7% | -48.3% | ||
| Q4 24 | -1.2% | -38.9% | ||
| Q3 24 | 0.7% | -49.5% | ||
| Q2 24 | -24.2% | -40.7% | ||
| Q1 24 | — | -46.4% |
净利率AIOTRKLB
| Q4 25 | -3.0% | -29.5% | ||
| Q3 25 | -3.8% | -11.8% | ||
| Q2 25 | -9.8% | -46.0% | ||
| Q1 25 | -12.0% | -49.5% | ||
| Q4 24 | -13.5% | -39.5% | ||
| Q3 24 | -2.5% | -49.6% | ||
| Q2 24 | -29.6% | -39.2% | ||
| Q1 24 | — | -47.7% |
每股收益（稀释后）AIOTRKLB
| Q4 25 | $-0.03 | $-0.09 | ||
| Q3 25 | $-0.03 | $-0.03 | ||
| Q2 25 | $-0.08 | $-0.13 | ||
| Q1 25 | $-0.09 | $-0.12 | ||
| Q4 24 | $-0.11 | $-0.11 | ||
| Q3 24 | $-0.02 | $-0.10 | ||
| Q2 24 | $-0.21 | $-0.08 | ||
| Q1 24 | — | $-0.09 |
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 | $31.2M | $1.0B |
| 总债务越低越好 | $237.8M | $152.4M |
| 股东权益账面价值 | $485.0M | $1.7B |
| 总资产 | $959.5M | $2.3B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资AIOTRKLB
| Q4 25 | $31.2M | $1.0B | ||
| Q3 25 | $27.9M | $976.7M | ||
| Q2 25 | $31.2M | $688.1M | ||
| Q1 25 | $44.4M | $428.4M | ||
| Q4 24 | $33.6M | $419.0M | ||
| Q3 24 | $26.0M | $442.4M | ||
| Q2 24 | $30.2M | $496.8M | ||
| Q1 24 | — | $492.5M |
总债务AIOTRKLB
| Q4 25 | $237.8M | $152.4M | ||
| Q3 25 | $238.2M | $347.0M | ||
| Q2 25 | $239.0M | $346.5M | ||
| Q1 25 | $237.5M | $345.9M | ||
| Q4 24 | $238.5M | $345.4M | ||
| Q3 24 | $113.6M | $61.2M | ||
| Q2 24 | $113.7M | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益AIOTRKLB
| Q4 25 | $485.0M | $1.7B | ||
| Q3 25 | $468.8M | $1.3B | ||
| Q2 25 | $460.7M | $688.5M | ||
| Q1 25 | $446.6M | $431.3M | ||
| Q4 24 | $458.4M | $382.5M | ||
| Q3 24 | $451.0M | $419.8M | ||
| Q2 24 | $390.4M | $455.2M | ||
| Q1 24 | — | $478.9M |
总资产AIOTRKLB
| Q4 25 | $959.5M | $2.3B | ||
| Q3 25 | $936.9M | $2.2B | ||
| Q2 25 | $930.8M | $1.6B | ||
| Q1 25 | $910.1M | $1.3B | ||
| Q4 24 | $908.7M | $1.2B | ||
| Q3 24 | $748.3M | $1.2B | ||
| Q2 24 | $684.9M | $1.2B | ||
| Q1 24 | — | $1.2B |
负债/权益比AIOTRKLB
| Q4 25 | 0.49× | 0.09× | ||
| Q3 25 | 0.51× | 0.27× | ||
| Q2 25 | 0.52× | 0.50× | ||
| Q1 25 | 0.53× | 0.80× | ||
| Q4 24 | 0.52× | 0.90× | ||
| Q3 24 | 0.25× | 0.15× | ||
| Q2 24 | 0.29× | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $10.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $4.9M | $-114.2M |
| 自由现金流率自由现金流/营收 | 4.4% | -63.6% |
| 资本支出强度资本支出/营收 | 4.6% | 27.6% |
| 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 | $12.9M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流AIOTRKLB
| Q4 25 | $10.2M | $-64.5M | ||
| Q3 25 | $5.5M | $-23.5M | ||
| Q2 25 | $4.7M | $-23.2M | ||
| Q1 25 | $13.5M | $-54.2M | ||
| Q4 24 | $-6.1M | $-2.4M | ||
| Q3 24 | $-3.2M | $-30.9M | ||
| Q2 24 | $-7.6M | $-13.0M | ||
| Q1 24 | — | $-2.6M |
自由现金流AIOTRKLB
| Q4 25 | $4.9M | $-114.2M | ||
| Q3 25 | $1.2M | $-69.4M | ||
| Q2 25 | $-3.4M | $-55.3M | ||
| Q1 25 | $10.1M | $-82.9M | ||
| Q4 24 | $-12.2M | $-23.9M | ||
| Q3 24 | $-8.0M | $-41.9M | ||
| Q2 24 | $-13.2M | $-28.3M | ||
| Q1 24 | — | $-21.8M |
自由现金流率AIOTRKLB
| Q4 25 | 4.4% | -63.6% | ||
| Q3 25 | 1.1% | -44.8% | ||
| Q2 25 | -3.3% | -38.3% | ||
| Q1 25 | 9.8% | -67.6% | ||
| Q4 24 | -11.5% | -18.1% | ||
| Q3 24 | -10.4% | -40.0% | ||
| Q2 24 | -17.5% | -26.7% | ||
| Q1 24 | — | -23.5% |
资本支出强度AIOTRKLB
| Q4 25 | 4.6% | 27.6% | ||
| Q3 25 | 3.9% | 29.6% | ||
| Q2 25 | 7.8% | 22.2% | ||
| Q1 25 | 3.3% | 23.4% | ||
| Q4 24 | 5.8% | 16.3% | ||
| Q3 24 | 6.3% | 10.5% | ||
| Q2 24 | 7.4% | 14.4% | ||
| Q1 24 | — | 20.7% |
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
AIOT
| Services | $91.1M | 80% |
| Products | $22.4M | 20% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
