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ALKAMI TECHNOLOGY, INC.（ALKT）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ALKAMI TECHNOLOGY, INC.的1.5倍（$179.7M vs $120.8M），Rocket Lab Corp同比增速更快（35.7% vs 34.7%），ALKAMI TECHNOLOGY, INC.自由现金流更多（$16.2M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 26.0%）
Alkami科技是一家面向美国市场的云原生数字银行解决方案提供商，主要为社区银行、信用合作社等金融机构提供在线及移动银行系统、支付处理工具、数据分析模块与客户互动功能，助力合作机构优化终端用户的数字银行使用体验。
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。
ALKT vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.5倍
$120.8M
营收增速更快
RKLB
高出1.0%
34.7%
自由现金流更多
ALKT
多$130.4M
$-114.2M
两年增速更快
RKLB
近两年复合增速
26.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $120.8M | $179.7M |
| 净利润 | — | $-52.9M |
| 毛利率 | 57.2% | 38.0% |
| 营业利润率 | -7.9% | -28.4% |
| 净利率 | — | -29.5% |
| 营收同比 | 34.7% | 35.7% |
| 净利润同比 | — | -1.1% |
| 每股收益（稀释后） | $-0.11 | $-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ALKTRKLB
| Q4 25 | $120.8M | $179.7M | ||
| Q3 25 | $113.0M | $155.1M | ||
| Q2 25 | $112.1M | $144.5M | ||
| Q1 25 | $97.8M | $122.6M | ||
| Q4 24 | $89.7M | $132.4M | ||
| Q3 24 | $85.9M | $104.8M | ||
| Q2 24 | $82.2M | $106.3M | ||
| Q1 24 | $76.1M | $92.8M |
净利润ALKTRKLB
| Q4 25 | — | $-52.9M | ||
| Q3 25 | $-14.8M | $-18.3M | ||
| Q2 25 | $-13.6M | $-66.4M | ||
| Q1 25 | — | $-60.6M | ||
| Q4 24 | — | $-52.3M | ||
| Q3 24 | $-9.4M | $-51.9M | ||
| Q2 24 | $-12.3M | $-41.6M | ||
| Q1 24 | — | $-44.3M |
毛利率ALKTRKLB
| Q4 25 | 57.2% | 38.0% | ||
| Q3 25 | 56.8% | 37.0% | ||
| Q2 25 | 58.6% | 32.1% | ||
| Q1 25 | 59.0% | 28.8% | ||
| Q4 24 | 59.3% | 27.8% | ||
| Q3 24 | 58.9% | 26.7% | ||
| Q2 24 | 59.4% | 25.6% | ||
| Q1 24 | 57.8% | 26.1% |
营业利润率ALKTRKLB
| Q4 25 | -7.9% | -28.4% | ||
| Q3 25 | -11.4% | -38.0% | ||
| Q2 25 | -14.2% | -41.3% | ||
| Q1 25 | -15.7% | -48.3% | ||
| Q4 24 | -9.6% | -38.9% | ||
| Q3 24 | -12.1% | -49.5% | ||
| Q2 24 | -16.1% | -40.7% | ||
| Q1 24 | -16.2% | -46.4% |
净利率ALKTRKLB
| Q4 25 | — | -29.5% | ||
| Q3 25 | -13.1% | -11.8% | ||
| Q2 25 | -12.1% | -46.0% | ||
| Q1 25 | — | -49.5% | ||
| Q4 24 | — | -39.5% | ||
| Q3 24 | -11.0% | -49.6% | ||
| Q2 24 | -15.0% | -39.2% | ||
| Q1 24 | — | -47.7% |
每股收益（稀释后）ALKTRKLB
| Q4 25 | $-0.11 | $-0.09 | ||
| Q3 25 | $-0.14 | $-0.03 | ||
| Q2 25 | $-0.13 | $-0.13 | ||
| Q1 25 | $-0.08 | $-0.12 | ||
| Q4 24 | $-0.07 | $-0.11 | ||
| Q3 24 | $-0.09 | $-0.10 | ||
| Q2 24 | $-0.13 | $-0.08 | ||
| Q1 24 | $-0.12 | $-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 | $63.5M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $362.0M | $1.7B |
| 总资产 | $847.2M | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资ALKTRKLB
| Q4 25 | $63.5M | $1.0B | ||
| Q3 25 | $57.3M | $976.7M | ||
| Q2 25 | $52.4M | $688.1M | ||
| Q1 25 | $61.7M | $428.4M | ||
| Q4 24 | $94.4M | $419.0M | ||
| Q3 24 | $81.0M | $442.4M | ||
| Q2 24 | $61.4M | $496.8M | ||
| Q1 24 | $44.2M | $492.5M |
总债务ALKTRKLB
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益ALKTRKLB
| Q4 25 | $362.0M | $1.7B | ||
| Q3 25 | $350.1M | $1.3B | ||
| Q2 25 | $344.0M | $688.5M | ||
| Q1 25 | $334.0M | $431.3M | ||
| Q4 24 | $357.0M | $382.5M | ||
| Q3 24 | $338.5M | $419.8M | ||
| Q2 24 | $327.2M | $455.2M | ||
| Q1 24 | $322.9M | $478.9M |
总资产ALKTRKLB
| Q4 25 | $847.2M | $2.3B | ||
| Q3 25 | $835.2M | $2.2B | ||
| Q2 25 | $840.4M | $1.6B | ||
| Q1 25 | $837.2M | $1.3B | ||
| Q4 24 | $437.3M | $1.2B | ||
| Q3 24 | $422.2M | $1.2B | ||
| Q2 24 | $403.9M | $1.2B | ||
| Q1 24 | $397.6M | $1.2B |
负债/权益比ALKTRKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 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 | $16.6M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $16.2M | $-114.2M |
| 自由现金流率自由现金流/营收 | 13.4% | -63.6% |
| 资本支出强度资本支出/营收 | 0.3% | 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 | $41.4M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流ALKTRKLB
| Q4 25 | $16.6M | $-64.5M | ||
| Q3 25 | $30.8M | $-23.5M | ||
| Q2 25 | $1.2M | $-23.2M | ||
| Q1 25 | $-5.7M | $-54.2M | ||
| Q4 24 | $6.1M | $-2.4M | ||
| Q3 24 | $11.0M | $-30.9M | ||
| Q2 24 | $548.0K | $-13.0M | ||
| Q1 24 | $951.0K | $-2.6M |
自由现金流ALKTRKLB
| Q4 25 | $16.2M | $-114.2M | ||
| Q3 25 | $30.5M | $-69.4M | ||
| Q2 25 | $760.0K | $-55.3M | ||
| Q1 25 | $-6.1M | $-82.9M | ||
| Q4 24 | $6.0M | $-23.9M | ||
| Q3 24 | $10.7M | $-41.9M | ||
| Q2 24 | $123.0K | $-28.3M | ||
| Q1 24 | $645.0K | $-21.8M |
自由现金流率ALKTRKLB
| Q4 25 | 13.4% | -63.6% | ||
| Q3 25 | 27.0% | -44.8% | ||
| Q2 25 | 0.7% | -38.3% | ||
| Q1 25 | -6.3% | -67.6% | ||
| Q4 24 | 6.6% | -18.1% | ||
| Q3 24 | 12.4% | -40.0% | ||
| Q2 24 | 0.1% | -26.7% | ||
| Q1 24 | 0.8% | -23.5% |
资本支出强度ALKTRKLB
| Q4 25 | 0.3% | 27.6% | ||
| Q3 25 | 0.2% | 29.6% | ||
| Q2 25 | 0.4% | 22.2% | ||
| Q1 25 | 0.5% | 23.4% | ||
| Q4 24 | 0.2% | 16.3% | ||
| Q3 24 | 0.4% | 10.5% | ||
| Q2 24 | 0.5% | 14.4% | ||
| Q1 24 | 0.4% | 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
ALKT
| Saa S Subscription Services | $115.1M | 95% |
| Implementation Services | $3.6M | 3% |
| Service Other | $2.1M | 2% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
