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BlackSky Technology Inc.（BKSY）与REDWOOD TRUST INC（RWT）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REDWOOD TRUST INC的1.4倍（$35.2M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -2.5%，领先79.7%），BlackSky Technology Inc.同比增速更快（15.9% vs -6.1%），过去两年BlackSky Technology Inc.的营收复合增速更高（20.5% vs -41.0%）
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。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
BKSY vs RWT — 直观对比
营收规模更大
BKSY
是对方的1.4倍
$25.9M
营收增速更快
BKSY
高出22.0%
-6.1%
净利率更高
RWT
高出79.7%
-2.5%
两年增速更快
BKSY
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $35.2M | $25.9M |
| 净利润 | $-868.0K | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | -11.8% | — |
| 净利率 | -2.5% | 77.2% |
| 营收同比 | 15.9% | -6.1% |
| 净利润同比 | 95.5% | 402.6% |
| 每股收益（稀释后） | $0.04 | $0.11 |
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BKSYRWT
| Q4 25 | $35.2M | $25.9M | ||
| Q3 25 | $19.6M | $15.0M | ||
| Q2 25 | $22.2M | $13.8M | ||
| Q1 25 | $29.5M | $27.9M | ||
| Q4 24 | $30.4M | $27.6M | ||
| Q3 24 | $22.5M | $25.5M | ||
| Q2 24 | $24.9M | $67.4M | ||
| Q1 24 | $24.2M | $74.5M |
净利润BKSYRWT
| Q4 25 | $-868.0K | $20.0M | ||
| Q3 25 | $-15.3M | $-7.7M | ||
| Q2 25 | $-41.2M | $-98.5M | ||
| Q1 25 | $-12.8M | $16.1M | ||
| Q4 24 | $-19.4M | $-6.6M | ||
| Q3 24 | $-12.6M | $14.8M | ||
| Q2 24 | $-9.4M | $15.5M | ||
| Q1 24 | $-15.8M | $30.3M |
营业利润率BKSYRWT
| Q4 25 | -11.8% | — | ||
| Q3 25 | -85.8% | -9.0% | ||
| Q2 25 | -62.8% | -679.0% | ||
| Q1 25 | -40.5% | 80.2% | ||
| Q4 24 | -20.0% | -1.3% | ||
| Q3 24 | -58.7% | 86.1% | ||
| Q2 24 | -47.0% | 30.3% | ||
| Q1 24 | -54.7% | 41.3% |
净利率BKSYRWT
| Q4 25 | -2.5% | 77.2% | ||
| Q3 25 | -78.2% | -51.4% | ||
| Q2 25 | -185.8% | -712.0% | ||
| Q1 25 | -43.4% | 57.8% | ||
| Q4 24 | -63.9% | -24.0% | ||
| Q3 24 | -55.8% | 58.1% | ||
| Q2 24 | -37.7% | 23.0% | ||
| Q1 24 | -65.2% | 40.6% |
每股收益（稀释后）BKSYRWT
| Q4 25 | $0.04 | $0.11 | ||
| Q3 25 | $-0.44 | $-0.08 | ||
| Q2 25 | $-1.27 | $-0.76 | ||
| Q1 25 | $-0.42 | $0.10 | ||
| Q4 24 | $-0.61 | $-0.08 | ||
| Q3 24 | $-0.66 | $0.09 | ||
| Q2 24 | $-0.52 | $0.10 | ||
| Q1 24 | $-0.88 | $0.21 |
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 | $255.7M |
| 总债务越低越好 | $201.1M | — |
| 股东权益账面价值 | $94.9M | $982.6M |
| 总资产 | $386.2M | $23.7B |
| 负债/权益比越低杠杆越低 | 2.12× | — |
8季度趋势，按日历期对齐
现金及短期投资BKSYRWT
| Q4 25 | $124.5M | $255.7M | ||
| Q3 25 | $146.5M | $226.3M | ||
| Q2 25 | $93.8M | $302.0M | ||
| Q1 25 | $75.8M | $259.9M | ||
| Q4 24 | $52.5M | $245.2M | ||
| Q3 24 | $63.2M | $253.7M | ||
| Q2 24 | $41.2M | $275.6M | ||
| Q1 24 | $35.4M | $275.4M |
总债务BKSYRWT
| Q4 25 | $201.1M | — | ||
| Q3 25 | $195.1M | — | ||
| Q2 25 | $122.5M | — | ||
| Q1 25 | $115.3M | — | ||
| Q4 24 | $107.7M | — | ||
| Q3 24 | $98.8M | — | ||
| Q2 24 | $108.6M | — | ||
| Q1 24 | $85.0M | $1.7B |
股东权益BKSYRWT
| Q4 25 | $94.9M | $982.6M | ||
| Q3 25 | $91.1M | $999.0M | ||
| Q2 25 | $86.6M | $1.1B | ||
| Q1 25 | $88.8M | $1.2B | ||
| Q4 24 | $94.0M | $1.2B | ||
| Q3 24 | $110.3M | $1.2B | ||
| Q2 24 | $76.5M | $1.2B | ||
| Q1 24 | $81.7M | $1.2B |
总资产BKSYRWT
| Q4 25 | $386.2M | $23.7B | ||
| Q3 25 | $380.9M | $22.6B | ||
| Q2 25 | $310.8M | $21.3B | ||
| Q1 25 | $284.9M | $19.9B | ||
| Q4 24 | $254.1M | $18.3B | ||
| Q3 24 | $245.5M | $18.4B | ||
| Q2 24 | $224.3M | $16.5B | ||
| Q1 24 | $210.1M | $15.1B |
负债/权益比BKSYRWT
| Q4 25 | 2.12× | — | ||
| Q3 25 | 2.14× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.30× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 1.42× | — | ||
| Q1 24 | 1.04× | 1.39× |
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 | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BKSYRWT
| Q4 25 | $-9.3M | $-10.1B | ||
| Q3 25 | $-39.0M | $-2.7B | ||
| Q2 25 | $-7.3M | $-2.1B | ||
| Q1 25 | $27.2M | $-2.0B | ||
| Q4 24 | $-1.8M | $-5.9B | ||
| Q3 24 | $1.0M | $-2.1B | ||
| Q2 24 | $-1.8M | $-2.0B | ||
| Q1 24 | $-3.8M | $-954.2M |
现金转化率BKSYRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
