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BlackSky Technology Inc.（BKSY）与花花公子（PLBY）财务数据对比。点击上方公司名可切换其他公司
BlackSky Technology Inc.的季度营收约是花花公子的1.0倍（$35.2M vs $34.9M），花花公子净利率更高（10.3% vs -2.5%，领先12.7%），BlackSky Technology Inc.同比增速更快（15.9% vs 4.2%），过去两年BlackSky Technology Inc.的营收复合增速更高（20.5% vs 11.0%）
BlackSky Technology Inc.是一家领先的地理空间情报服务商，运营高重访率小型地球观测卫星星座，为全球政府、国防、关键基础设施及商业客户提供实时卫星影像、高级数据分析与动态监测解决方案，助力各类场景下的运营决策。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
BKSY vs PLBY — 直观对比
营收规模更大
BKSY
是对方的1.0倍
$34.9M
营收增速更快
BKSY
高出11.7%
4.2%
净利率更高
PLBY
高出12.7%
-2.5%
两年增速更快
BKSY
近两年复合增速
11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $35.2M | $34.9M |
| 净利润 | $-868.0K | $3.6M |
| 毛利率 | — | 73.3% |
| 营业利润率 | -11.8% | 7.9% |
| 净利率 | -2.5% | 10.3% |
| 营收同比 | 15.9% | 4.2% |
| 净利润同比 | 95.5% | 128.6% |
| 每股收益（稀释后） | $0.04 | $0.05 |
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BKSYPLBY
| Q4 25 | $35.2M | $34.9M | ||
| Q3 25 | $19.6M | $29.0M | ||
| Q2 25 | $22.2M | $28.1M | ||
| Q1 25 | $29.5M | $28.9M | ||
| Q4 24 | $30.4M | $33.5M | ||
| Q3 24 | $22.5M | $29.4M | ||
| Q2 24 | $24.9M | $24.9M | ||
| Q1 24 | $24.2M | $28.3M |
净利润BKSYPLBY
| Q4 25 | $-868.0K | $3.6M | ||
| Q3 25 | $-15.3M | $460.0K | ||
| Q2 25 | $-41.2M | $-7.7M | ||
| Q1 25 | $-12.8M | $-9.0M | ||
| Q4 24 | $-19.4M | $-12.5M | ||
| Q3 24 | $-12.6M | $-33.8M | ||
| Q2 24 | $-9.4M | $-16.7M | ||
| Q1 24 | $-15.8M | $-16.4M |
毛利率BKSYPLBY
| Q4 25 | — | 73.3% | ||
| Q3 25 | — | 76.0% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | — | 70.8% | ||
| Q3 24 | — | 61.0% | ||
| Q2 24 | — | 67.8% | ||
| Q1 24 | — | 55.8% |
营业利润率BKSYPLBY
| Q4 25 | -11.8% | 7.9% | ||
| Q3 25 | -85.8% | 4.7% | ||
| Q2 25 | -62.8% | -20.9% | ||
| Q1 25 | -40.5% | -21.7% | ||
| Q4 24 | -20.0% | -13.3% | ||
| Q3 24 | -58.7% | -96.0% | ||
| Q2 24 | -47.0% | -37.0% | ||
| Q1 24 | -54.7% | -31.5% |
净利率BKSYPLBY
| Q4 25 | -2.5% | 10.3% | ||
| Q3 25 | -78.2% | 1.6% | ||
| Q2 25 | -185.8% | -27.3% | ||
| Q1 25 | -43.4% | -31.3% | ||
| Q4 24 | -63.9% | -37.4% | ||
| Q3 24 | -55.8% | -114.7% | ||
| Q2 24 | -37.7% | -66.9% | ||
| Q1 24 | -65.2% | -58.1% |
每股收益（稀释后）BKSYPLBY
| Q4 25 | $0.04 | $0.05 | ||
| Q3 25 | $-0.44 | $0.00 | ||
| Q2 25 | $-1.27 | $-0.08 | ||
| Q1 25 | $-0.42 | $-0.10 | ||
| Q4 24 | $-0.61 | $-0.13 | ||
| Q3 24 | $-0.66 | $-0.45 | ||
| Q2 24 | $-0.52 | $-0.23 | ||
| Q1 24 | $-0.88 | $-0.23 |
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 | $124.5M | $37.8M |
| 总债务越低越好 | $201.1M | $174.2M |
| 股东权益账面价值 | $94.9M | $18.4M |
| 总资产 | $386.2M | $292.4M |
| 负债/权益比越低杠杆越低 | 2.12× | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资BKSYPLBY
| Q4 25 | $124.5M | $37.8M | ||
| Q3 25 | $146.5M | $27.5M | ||
| Q2 25 | $93.8M | $19.6M | ||
| Q1 25 | $75.8M | $23.7M | ||
| Q4 24 | $52.5M | $30.9M | ||
| Q3 24 | $63.2M | $9.5M | ||
| Q2 24 | $41.2M | $16.9M | ||
| Q1 24 | $35.4M | $19.0M |
总债务BKSYPLBY
| Q4 25 | $201.1M | $174.2M | ||
| Q3 25 | $195.1M | $176.8M | ||
| Q2 25 | $122.5M | $177.5M | ||
| Q1 25 | $115.3M | $176.3M | ||
| Q4 24 | $107.7M | $176.6M | ||
| Q3 24 | $98.8M | $200.0M | ||
| Q2 24 | $108.6M | $196.3M | ||
| Q1 24 | $85.0M | $193.4M |
股东权益BKSYPLBY
| Q4 25 | $94.9M | $18.4M | ||
| Q3 25 | $91.1M | $3.8M | ||
| Q2 25 | $86.6M | $-17.5M | ||
| Q1 25 | $88.8M | $-11.4M | ||
| Q4 24 | $94.0M | $-7.7M | ||
| Q3 24 | $110.3M | $-15.7M | ||
| Q2 24 | $76.5M | $15.7M | ||
| Q1 24 | $81.7M | $29.5M |
总资产BKSYPLBY
| Q4 25 | $386.2M | $292.4M | ||
| Q3 25 | $380.9M | $278.3M | ||
| Q2 25 | $310.8M | $264.1M | ||
| Q1 25 | $284.9M | $270.6M | ||
| Q4 24 | $254.1M | $284.7M | ||
| Q3 24 | $245.5M | $271.5M | ||
| Q2 24 | $224.3M | $301.8M | ||
| Q1 24 | $210.1M | $309.1M |
负债/权益比BKSYPLBY
| Q4 25 | 2.12× | 9.48× | ||
| Q3 25 | 2.14× | 46.86× | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.30× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 1.42× | 12.51× | ||
| Q1 24 | 1.04× | 6.54× |
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 | $-9.3M | $1.4M |
| 自由现金流经营现金流 - 资本支出 | — | $1.1M |
| 自由现金流率自由现金流/营收 | — | 3.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.39× |
| 过去12个月自由现金流最近4个季度 | — | $-1.0M |
8季度趋势，按日历期对齐
经营现金流BKSYPLBY
| Q4 25 | $-9.3M | $1.4M | ||
| Q3 25 | $-39.0M | $10.1M | ||
| Q2 25 | $-7.3M | $-3.9M | ||
| Q1 25 | $27.2M | $-7.6M | ||
| Q4 24 | $-1.8M | $161.0K | ||
| Q3 24 | $1.0M | $-6.5M | ||
| Q2 24 | $-1.8M | $-3.0M | ||
| Q1 24 | $-3.8M | $-9.8M |
自由现金流BKSYPLBY
| Q4 25 | — | $1.1M | ||
| Q3 25 | — | $9.8M | ||
| Q2 25 | — | $-4.3M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | — | $-401.0K | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-10.3M |
自由现金流率BKSYPLBY
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 33.8% | ||
| Q2 25 | — | -15.2% | ||
| Q1 25 | — | -26.5% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | -23.7% | ||
| Q2 24 | — | -14.8% | ||
| Q1 24 | — | -36.5% |
资本支出强度BKSYPLBY
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 2.1% |
现金转化率BKSYPLBY
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 22.02× | ||
| 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
业务分部营收拆解
BKSY
暂无分部数据
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
