vs
安霸（AMBA）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的季度营收约是安霸的1.7倍（$179.7M vs $108.5M），安霸净利率更高（-13.9% vs -29.5%，领先15.5%），Rocket Lab Corp同比增速更快（35.7% vs 31.2%），安霸自由现金流更多（$31.4M vs $-114.2M），过去两年安霸的营收复合增速更高（45.0% vs 39.2%）
安霸是美国无晶圆厂半导体设计企业，专注于低功耗高清、超高清视频压缩、图像处理及计算机视觉处理器研发。其芯片产品广泛应用于视频安防、高级驾驶辅助系统、电子后视镜、行车记录仪、驾驶舱内监测、自动驾驶、机器人等多元人机视觉场景。
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。
AMBA vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.7倍
$108.5M
营收增速更快
RKLB
高出4.5%
31.2%
净利率更高
AMBA
高出15.5%
-29.5%
自由现金流更多
AMBA
多$145.6M
$-114.2M
两年增速更快
AMBA
近两年复合增速
39.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $108.5M | $179.7M |
| 净利润 | $-15.1M | $-52.9M |
| 毛利率 | 59.6% | 38.0% |
| 营业利润率 | -15.0% | -28.4% |
| 净利率 | -13.9% | -29.5% |
| 营收同比 | 31.2% | 35.7% |
| 净利润同比 | 37.2% | -1.1% |
| 每股收益（稀释后） | $-0.35 | $-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AMBARKLB
| Q4 25 | $108.5M | $179.7M | ||
| Q3 25 | $95.5M | $155.1M | ||
| Q2 25 | $85.9M | $144.5M | ||
| Q1 25 | $84.0M | $122.6M | ||
| Q4 24 | $82.7M | $132.4M | ||
| Q3 24 | $63.7M | $104.8M | ||
| Q2 24 | $54.5M | $106.3M | ||
| Q1 24 | $51.6M | $92.8M |
净利润AMBARKLB
| Q4 25 | $-15.1M | $-52.9M | ||
| Q3 25 | $-20.0M | $-18.3M | ||
| Q2 25 | $-24.3M | $-66.4M | ||
| Q1 25 | $-20.2M | $-60.6M | ||
| Q4 24 | $-24.1M | $-52.3M | ||
| Q3 24 | $-34.9M | $-51.9M | ||
| Q2 24 | $-37.9M | $-41.6M | ||
| Q1 24 | $-60.6M | $-44.3M |
毛利率AMBARKLB
| Q4 25 | 59.6% | 38.0% | ||
| Q3 25 | 58.9% | 37.0% | ||
| Q2 25 | 60.0% | 32.1% | ||
| Q1 25 | 60.0% | 28.8% | ||
| Q4 24 | 60.6% | 27.8% | ||
| Q3 24 | 60.8% | 26.7% | ||
| Q2 24 | 60.9% | 25.6% | ||
| Q1 24 | 59.8% | 26.1% |
营业利润率AMBARKLB
| Q4 25 | -15.0% | -28.4% | ||
| Q3 25 | -23.0% | -38.0% | ||
| Q2 25 | -30.1% | -41.3% | ||
| Q1 25 | -30.2% | -48.3% | ||
| Q4 24 | -30.9% | -38.9% | ||
| Q3 24 | -56.9% | -49.5% | ||
| Q2 24 | -72.4% | -40.7% | ||
| Q1 24 | -80.8% | -46.4% |
净利率AMBARKLB
| Q4 25 | -13.9% | -29.5% | ||
| Q3 25 | -20.9% | -11.8% | ||
| Q2 25 | -28.3% | -46.0% | ||
| Q1 25 | -24.1% | -49.5% | ||
| Q4 24 | -29.1% | -39.5% | ||
| Q3 24 | -54.8% | -49.6% | ||
| Q2 24 | -69.6% | -39.2% | ||
| Q1 24 | -117.4% | -47.7% |
每股收益（稀释后）AMBARKLB
| Q4 25 | $-0.35 | $-0.09 | ||
| Q3 25 | $-0.47 | $-0.03 | ||
| Q2 25 | $-0.58 | $-0.13 | ||
| Q1 25 | $-0.48 | $-0.12 | ||
| Q4 24 | $-0.58 | $-0.11 | ||
| Q3 24 | $-0.85 | $-0.10 | ||
| Q2 24 | $-0.93 | $-0.08 | ||
| Q1 24 | $-1.51 | $-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 | $174.1M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $590.1M | $1.7B |
| 总资产 | $751.9M | $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AMBARKLB
| Q4 25 | $174.1M | $1.0B | ||
| Q3 25 | $142.7M | $976.7M | ||
| Q2 25 | $141.3M | $688.1M | ||
| Q1 25 | $144.6M | $428.4M | ||
| Q4 24 | $127.1M | $419.0M | ||
| Q3 24 | $153.9M | $442.4M | ||
| Q2 24 | $131.8M | $496.8M | ||
| Q1 24 | $144.9M | $492.5M |
总债务AMBARKLB
| 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AMBARKLB
| Q4 25 | $590.1M | $1.7B | ||
| Q3 25 | $576.5M | $1.3B | ||
| Q2 25 | $572.7M | $688.5M | ||
| Q1 25 | $561.4M | $431.3M | ||
| Q4 24 | $554.3M | $382.5M | ||
| Q3 24 | $547.6M | $419.8M | ||
| Q2 24 | $555.4M | $455.2M | ||
| Q1 24 | $559.9M | $478.9M |
总资产AMBARKLB
| Q4 25 | $751.9M | $2.3B | ||
| Q3 25 | $706.4M | $2.2B | ||
| Q2 25 | $701.9M | $1.6B | ||
| Q1 25 | $689.0M | $1.3B | ||
| Q4 24 | $670.8M | $1.2B | ||
| Q3 24 | $650.3M | $1.2B | ||
| Q2 24 | $638.7M | $1.2B | ||
| Q1 24 | $657.7M | $1.2B |
负债/权益比AMBARKLB
| 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 | $34.3M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $31.4M | $-114.2M |
| 自由现金流率自由现金流/营收 | 29.0% | -63.6% |
| 资本支出强度资本支出/营收 | 2.7% | 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 | $64.3M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流AMBARKLB
| Q4 25 | $34.3M | $-64.5M | ||
| Q3 25 | $5.5M | $-23.5M | ||
| Q2 25 | $14.8M | $-23.2M | ||
| Q1 25 | $25.4M | $-54.2M | ||
| Q4 24 | $6.6M | $-2.4M | ||
| Q3 24 | $16.7M | $-30.9M | ||
| Q2 24 | $-15.0M | $-13.0M | ||
| Q1 24 | $-4.0M | $-2.6M |
自由现金流AMBARKLB
| Q4 25 | $31.4M | $-114.2M | ||
| Q3 25 | $1.4M | $-69.4M | ||
| Q2 25 | $10.2M | $-55.3M | ||
| Q1 25 | $21.2M | $-82.9M | ||
| Q4 24 | $4.1M | $-23.9M | ||
| Q3 24 | $14.2M | $-41.9M | ||
| Q2 24 | $-16.1M | $-28.3M | ||
| Q1 24 | $-6.0M | $-21.8M |
自由现金流率AMBARKLB
| Q4 25 | 29.0% | -63.6% | ||
| Q3 25 | 1.4% | -44.8% | ||
| Q2 25 | 11.9% | -38.3% | ||
| Q1 25 | 25.3% | -67.6% | ||
| Q4 24 | 5.0% | -18.1% | ||
| Q3 24 | 22.2% | -40.0% | ||
| Q2 24 | -29.5% | -26.7% | ||
| Q1 24 | -11.6% | -23.5% |
资本支出强度AMBARKLB
| Q4 25 | 2.7% | 27.6% | ||
| Q3 25 | 4.3% | 29.6% | ||
| Q2 25 | 5.3% | 22.2% | ||
| Q1 25 | 5.0% | 23.4% | ||
| Q4 24 | 3.0% | 16.3% | ||
| Q3 24 | 4.0% | 10.5% | ||
| Q2 24 | 2.1% | 14.4% | ||
| Q1 24 | 3.7% | 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
AMBA
| TW | $76.0M | 70% |
| Asia Pacific Other Than Taiwan | $20.2M | 19% |
| North America Other Than United States | $7.4M | 7% |
| Other | $5.0M | 5% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
