vs
BLACKBAUD INC（BLKB）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
BLACKBAUD INC的季度营收约是Rocket Lab Corp的1.6倍（$281.1M vs $179.7M），BLACKBAUD INC净利率更高（11.1% vs -29.5%，领先40.5%），Rocket Lab Corp同比增速更快（35.7% vs 4.2%），BLACKBAUD INC自由现金流更多（$37.0M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -1.1%）
Blackbaud是全球知名的云服务提供商，专注为非营利组织、基金会、企业、教育机构、医疗机构、宗教团体及个人公益推动者提供技术支持，旗下产品覆盖筹款、网站管理、客户关系管理、数据分析、财务管理、票务系统、教育管理等多元场景。
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。
BLKB vs RKLB — 直观对比
营收规模更大
BLKB
是对方的1.6倍
$179.7M
营收增速更快
RKLB
高出31.6%
4.2%
净利率更高
BLKB
高出40.5%
-29.5%
自由现金流更多
BLKB
多$151.2M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-1.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $281.1M | $179.7M |
| 净利润 | $31.1M | $-52.9M |
| 毛利率 | 59.2% | 38.0% |
| 营业利润率 | 18.3% | -28.4% |
| 净利率 | 11.1% | -29.5% |
| 营收同比 | 4.2% | 35.7% |
| 净利润同比 | 620.3% | -1.1% |
| 每股收益（稀释后） | $0.67 | $-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BLKBRKLB
| Q1 26 | $281.1M | — | ||
| Q4 25 | $295.3M | $179.7M | ||
| Q3 25 | $281.1M | $155.1M | ||
| Q2 25 | $282.0M | $144.5M | ||
| Q1 25 | $269.9M | $122.6M | ||
| Q4 24 | $302.1M | $132.4M | ||
| Q3 24 | $286.6M | $104.8M | ||
| Q2 24 | $287.3M | $106.3M |
净利润BLKBRKLB
| Q1 26 | $31.1M | — | ||
| Q4 25 | $36.7M | $-52.9M | ||
| Q3 25 | $47.5M | $-18.3M | ||
| Q2 25 | $26.5M | $-66.4M | ||
| Q1 25 | $4.3M | $-60.6M | ||
| Q4 24 | $-346.4M | $-52.3M | ||
| Q3 24 | $18.3M | $-51.9M | ||
| Q2 24 | $21.2M | $-41.6M |
毛利率BLKBRKLB
| Q1 26 | 59.2% | — | ||
| Q4 25 | 58.3% | 38.0% | ||
| Q3 25 | 59.6% | 37.0% | ||
| Q2 25 | 59.7% | 32.1% | ||
| Q1 25 | 57.5% | 28.8% | ||
| Q4 24 | 53.8% | 27.8% | ||
| Q3 24 | 54.9% | 26.7% | ||
| Q2 24 | 56.0% | 25.6% |
营业利润率BLKBRKLB
| Q1 26 | 18.3% | — | ||
| Q4 25 | 20.0% | -28.4% | ||
| Q3 25 | 19.4% | -38.0% | ||
| Q2 25 | 20.3% | -41.3% | ||
| Q1 25 | 7.3% | -48.3% | ||
| Q4 24 | -121.5% | -38.9% | ||
| Q3 24 | 14.4% | -49.5% | ||
| Q2 24 | 14.4% | -40.7% |
净利率BLKBRKLB
| Q1 26 | 11.1% | — | ||
| Q4 25 | 12.4% | -29.5% | ||
| Q3 25 | 16.9% | -11.8% | ||
| Q2 25 | 9.4% | -46.0% | ||
| Q1 25 | 1.6% | -49.5% | ||
| Q4 24 | -114.6% | -39.5% | ||
| Q3 24 | 6.4% | -49.6% | ||
| Q2 24 | 7.4% | -39.2% |
每股收益（稀释后）BLKBRKLB
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.75 | $-0.09 | ||
| Q3 25 | $0.98 | $-0.03 | ||
| Q2 25 | $0.55 | $-0.13 | ||
| Q1 25 | $0.09 | $-0.12 | ||
| Q4 24 | $-6.82 | $-0.11 | ||
| Q3 24 | $0.35 | $-0.10 | ||
| Q2 24 | $0.41 | $-0.08 |
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 | $34.1M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $34.6M | $1.7B |
| 总资产 | $2.1B | $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BLKBRKLB
| Q1 26 | $34.1M | — | ||
| Q4 25 | $38.9M | $1.0B | ||
| Q3 25 | $38.3M | $976.7M | ||
| Q2 25 | $41.6M | $688.1M | ||
| Q1 25 | $37.2M | $428.4M | ||
| Q4 24 | $67.6M | $419.0M | ||
| Q3 24 | $34.6M | $442.4M | ||
| Q2 24 | $30.4M | $496.8M |
总债务BLKBRKLB
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $1.1B | $345.4M | ||
| Q3 24 | $1.0B | $61.2M | ||
| Q2 24 | $1.0B | $64.2M |
股东权益BLKBRKLB
| Q1 26 | $34.6M | — | ||
| Q4 25 | $85.1M | $1.7B | ||
| Q3 25 | $108.2M | $1.3B | ||
| Q2 25 | $72.7M | $688.5M | ||
| Q1 25 | $17.5M | $431.3M | ||
| Q4 24 | $126.8M | $382.5M | ||
| Q3 24 | $544.8M | $419.8M | ||
| Q2 24 | $577.5M | $455.2M |
总资产BLKBRKLB
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.4B | $2.3B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.6B | $1.6B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $3.0B | $1.2B |
负债/权益比BLKBRKLB
| Q1 26 | — | — | ||
| Q4 25 | 13.06× | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 8.50× | 0.90× | ||
| Q3 24 | 1.84× | 0.15× | ||
| Q2 24 | 1.78× | 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 | $51.5M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $-114.2M |
| 自由现金流率自由现金流/营收 | 13.2% | -63.6% |
| 资本支出强度资本支出/营收 | — | 27.6% |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | $294.1M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流BLKBRKLB
| Q1 26 | $51.5M | — | ||
| Q4 25 | $58.0M | $-64.5M | ||
| Q3 25 | $139.2M | $-23.5M | ||
| Q2 25 | $66.9M | $-23.2M | ||
| Q1 25 | $1.4M | $-54.2M | ||
| Q4 24 | $73.6M | $-2.4M | ||
| Q3 24 | $104.0M | $-30.9M | ||
| Q2 24 | $53.1M | $-13.0M |
自由现金流BLKBRKLB
| Q1 26 | $37.0M | — | ||
| Q4 25 | $55.0M | $-114.2M | ||
| Q3 25 | $135.7M | $-69.4M | ||
| Q2 25 | $66.3M | $-55.3M | ||
| Q1 25 | $712.0K | $-82.9M | ||
| Q4 24 | $73.4M | $-23.9M | ||
| Q3 24 | $102.9M | $-41.9M | ||
| Q2 24 | $48.0M | $-28.3M |
自由现金流率BLKBRKLB
| Q1 26 | 13.2% | — | ||
| Q4 25 | 18.6% | -63.6% | ||
| Q3 25 | 48.3% | -44.8% | ||
| Q2 25 | 23.5% | -38.3% | ||
| Q1 25 | 0.3% | -67.6% | ||
| Q4 24 | 24.3% | -18.1% | ||
| Q3 24 | 35.9% | -40.0% | ||
| Q2 24 | 16.7% | -26.7% |
资本支出强度BLKBRKLB
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 27.6% | ||
| Q3 25 | 1.2% | 29.6% | ||
| Q2 25 | 0.2% | 22.2% | ||
| Q1 25 | 0.3% | 23.4% | ||
| Q4 24 | 0.1% | 16.3% | ||
| Q3 24 | 0.4% | 10.5% | ||
| Q2 24 | 1.8% | 14.4% |
现金转化率BLKBRKLB
| Q1 26 | 1.65× | — | ||
| Q4 25 | 1.58× | — | ||
| Q3 25 | 2.93× | — | ||
| Q2 25 | 2.53× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.69× | — | ||
| Q2 24 | 2.50× | — |
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
BLKB
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
