vs
Traeger, Inc.（COOK）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Traeger, Inc.的1.2倍（$179.7M vs $145.4M），Traeger, Inc.净利率更高（-11.8% vs -29.5%，领先17.6%），Rocket Lab Corp同比增速更快（35.7% vs -13.8%），Traeger, Inc.自由现金流更多（$14.2M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 0.2%）
Traeger, Inc.是一家专注于户外烹饪设备研发生产的企业，主营高端木颗粒烤炉、配套配件及专用木颗粒燃料，主要面向北美、欧洲、澳洲市场，通过零售渠道和直营模式服务家庭及商用餐饮客户。
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。
COOK vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.2倍
$145.4M
营收增速更快
RKLB
高出49.5%
-13.8%
净利率更高
COOK
高出17.6%
-29.5%
自由现金流更多
COOK
多$128.4M
$-114.2M
两年增速更快
RKLB
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $179.7M |
| 净利润 | $-17.2M | $-52.9M |
| 毛利率 | 37.4% | 38.0% |
| 营业利润率 | -8.0% | -28.4% |
| 净利率 | -11.8% | -29.5% |
| 营收同比 | -13.8% | 35.7% |
| 净利润同比 | -147.2% | -1.1% |
| 每股收益（稀释后） | $-0.13 | $-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COOKRKLB
| Q4 25 | $145.4M | $179.7M | ||
| Q3 25 | $125.4M | $155.1M | ||
| Q2 25 | $145.5M | $144.5M | ||
| Q1 25 | $143.3M | $122.6M | ||
| Q4 24 | $168.6M | $132.4M | ||
| Q3 24 | $122.0M | $104.8M | ||
| Q2 24 | $168.5M | $106.3M | ||
| Q1 24 | $144.9M | $92.8M |
净利润COOKRKLB
| Q4 25 | $-17.2M | $-52.9M | ||
| Q3 25 | $-89.8M | $-18.3M | ||
| Q2 25 | $-7.4M | $-66.4M | ||
| Q1 25 | $-778.0K | $-60.6M | ||
| Q4 24 | $-7.0M | $-52.3M | ||
| Q3 24 | $-19.8M | $-51.9M | ||
| Q2 24 | $-2.6M | $-41.6M | ||
| Q1 24 | $-4.7M | $-44.3M |
毛利率COOKRKLB
| Q4 25 | 37.4% | 38.0% | ||
| Q3 25 | 38.7% | 37.0% | ||
| Q2 25 | 39.2% | 32.1% | ||
| Q1 25 | 41.5% | 28.8% | ||
| Q4 24 | 40.9% | 27.8% | ||
| Q3 24 | 42.3% | 26.7% | ||
| Q2 24 | 42.9% | 25.6% | ||
| Q1 24 | 43.2% | 26.1% |
营业利润率COOKRKLB
| Q4 25 | -8.0% | -28.4% | ||
| Q3 25 | -66.5% | -38.0% | ||
| Q2 25 | -4.2% | -41.3% | ||
| Q1 25 | 2.4% | -48.3% | ||
| Q4 24 | -0.1% | -38.9% | ||
| Q3 24 | -6.1% | -49.5% | ||
| Q2 24 | 2.8% | -40.7% | ||
| Q1 24 | -0.1% | -46.4% |
净利率COOKRKLB
| Q4 25 | -11.8% | -29.5% | ||
| Q3 25 | -71.6% | -11.8% | ||
| Q2 25 | -5.1% | -46.0% | ||
| Q1 25 | -0.5% | -49.5% | ||
| Q4 24 | -4.1% | -39.5% | ||
| Q3 24 | -16.2% | -49.6% | ||
| Q2 24 | -1.5% | -39.2% | ||
| Q1 24 | -3.2% | -47.7% |
每股收益（稀释后）COOKRKLB
| Q4 25 | $-0.13 | $-0.09 | ||
| Q3 25 | $-0.67 | $-0.03 | ||
| Q2 25 | $-0.06 | $-0.13 | ||
| Q1 25 | $-0.01 | $-0.12 | ||
| Q4 24 | $-0.06 | $-0.11 | ||
| Q3 24 | $-0.15 | $-0.10 | ||
| Q2 24 | $-0.02 | $-0.08 | ||
| Q1 24 | $-0.04 | $-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 | $19.6M | $1.0B |
| 总债务越低越好 | $403.3M | $152.4M |
| 股东权益账面价值 | $170.8M | $1.7B |
| 总资产 | $676.0M | $2.3B |
| 负债/权益比越低杠杆越低 | 2.36× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资COOKRKLB
| Q4 25 | $19.6M | $1.0B | ||
| Q3 25 | $5.9M | $976.7M | ||
| Q2 25 | $10.3M | $688.1M | ||
| Q1 25 | $12.0M | $428.4M | ||
| Q4 24 | $15.0M | $419.0M | ||
| Q3 24 | $16.9M | $442.4M | ||
| Q2 24 | $18.0M | $496.8M | ||
| Q1 24 | $23.6M | $492.5M |
总债务COOKRKLB
| Q4 25 | $403.3M | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $403.6M | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益COOKRKLB
| Q4 25 | $170.8M | $1.7B | ||
| Q3 25 | $186.1M | $1.3B | ||
| Q2 25 | $274.2M | $688.5M | ||
| Q1 25 | $279.6M | $431.3M | ||
| Q4 24 | $276.4M | $382.5M | ||
| Q3 24 | $279.8M | $419.8M | ||
| Q2 24 | $297.3M | $455.2M | ||
| Q1 24 | $294.6M | $478.9M |
总资产COOKRKLB
| Q4 25 | $676.0M | $2.3B | ||
| Q3 25 | $689.6M | $2.2B | ||
| Q2 25 | $780.6M | $1.6B | ||
| Q1 25 | $825.6M | $1.3B | ||
| Q4 24 | $830.7M | $1.2B | ||
| Q3 24 | $818.1M | $1.2B | ||
| Q2 24 | $842.4M | $1.2B | ||
| Q1 24 | $862.1M | $1.2B |
负债/权益比COOKRKLB
| Q4 25 | 2.36× | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 1.46× | 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 | $15.5M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $14.2M | $-114.2M |
| 自由现金流率自由现金流/营收 | 9.8% | -63.6% |
| 资本支出强度资本支出/营收 | 0.9% | 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 | $13.6M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流COOKRKLB
| Q4 25 | $15.5M | $-64.5M | ||
| Q3 25 | $7.6M | $-23.5M | ||
| Q2 25 | $18.3M | $-23.2M | ||
| Q1 25 | $-20.8M | $-54.2M | ||
| Q4 24 | $7.5M | $-2.4M | ||
| Q3 24 | $15.1M | $-30.9M | ||
| Q2 24 | $13.9M | $-13.0M | ||
| Q1 24 | $-12.6M | $-2.6M |
自由现金流COOKRKLB
| Q4 25 | $14.2M | $-114.2M | ||
| Q3 25 | $6.4M | $-69.4M | ||
| Q2 25 | $15.7M | $-55.3M | ||
| Q1 25 | $-22.7M | $-82.9M | ||
| Q4 24 | $5.5M | $-23.9M | ||
| Q3 24 | $12.8M | $-41.9M | ||
| Q2 24 | $11.8M | $-28.3M | ||
| Q1 24 | $-18.3M | $-21.8M |
自由现金流率COOKRKLB
| Q4 25 | 9.8% | -63.6% | ||
| Q3 25 | 5.1% | -44.8% | ||
| Q2 25 | 10.8% | -38.3% | ||
| Q1 25 | -15.8% | -67.6% | ||
| Q4 24 | 3.3% | -18.1% | ||
| Q3 24 | 10.5% | -40.0% | ||
| Q2 24 | 7.0% | -26.7% | ||
| Q1 24 | -12.6% | -23.5% |
资本支出强度COOKRKLB
| Q4 25 | 0.9% | 27.6% | ||
| Q3 25 | 0.9% | 29.6% | ||
| Q2 25 | 1.8% | 22.2% | ||
| Q1 25 | 1.3% | 23.4% | ||
| Q4 24 | 1.2% | 16.3% | ||
| Q3 24 | 1.9% | 10.5% | ||
| Q2 24 | 1.2% | 14.4% | ||
| Q1 24 | 3.9% | 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
COOK
| Grills | $60.6M | 42% |
| Accessories | $49.2M | 34% |
| Consumables | $35.5M | 24% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
