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Dave Inc.（DAVE）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Dave Inc.的1.1倍（$179.7M vs $163.7M），Dave Inc.净利率更高（40.3% vs -29.5%，领先69.7%），Dave Inc.同比增速更快（62.4% vs 35.7%），Dave Inc.自由现金流更多（$289.7M vs $-114.2M），过去两年Dave Inc.的营收复合增速更高（49.1% vs 39.2%）
Dave & Buster's是总部位于美国达拉斯的餐饮娱乐连锁品牌，旗下门店均配套全服务餐厅、酒吧，以及名为“百万美元中途岛”的电子游戏厅。截至2024年2月，品牌在美国拥有158家门店，波多黎各和加拿大各设有2家门店。
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。
DAVE vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.1倍
$163.7M
营收增速更快
DAVE
高出26.7%
35.7%
净利率更高
DAVE
高出69.7%
-29.5%
自由现金流更多
DAVE
多$403.9M
$-114.2M
两年增速更快
DAVE
近两年复合增速
39.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $163.7M | $179.7M |
| 净利润 | $65.9M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 39.2% | -28.4% |
| 净利率 | 40.3% | -29.5% |
| 营收同比 | 62.4% | 35.7% |
| 净利润同比 | 292.4% | -1.1% |
| 每股收益（稀释后） | $4.60 | $-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DAVERKLB
| Q4 25 | $163.7M | $179.7M | ||
| Q3 25 | $150.7M | $155.1M | ||
| Q2 25 | $131.8M | $144.5M | ||
| Q1 25 | $108.0M | $122.6M | ||
| Q4 24 | $100.8M | $132.4M | ||
| Q3 24 | $92.5M | $104.8M | ||
| Q2 24 | $80.1M | $106.3M | ||
| Q1 24 | $73.6M | $92.8M |
净利润DAVERKLB
| Q4 25 | $65.9M | $-52.9M | ||
| Q3 25 | $92.1M | $-18.3M | ||
| Q2 25 | $9.0M | $-66.4M | ||
| Q1 25 | $28.8M | $-60.6M | ||
| Q4 24 | $16.8M | $-52.3M | ||
| Q3 24 | $466.0K | $-51.9M | ||
| Q2 24 | $6.4M | $-41.6M | ||
| Q1 24 | $34.2M | $-44.3M |
毛利率DAVERKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率DAVERKLB
| Q4 25 | 39.2% | -28.4% | ||
| Q3 25 | 38.8% | -38.0% | ||
| Q2 25 | 8.7% | -41.3% | ||
| Q1 25 | 31.4% | -48.3% | ||
| Q4 24 | 17.3% | -38.9% | ||
| Q3 24 | 0.9% | -49.5% | ||
| Q2 24 | 5.7% | -40.7% | ||
| Q1 24 | 50.9% | -46.4% |
净利率DAVERKLB
| Q4 25 | 40.3% | -29.5% | ||
| Q3 25 | 61.1% | -11.8% | ||
| Q2 25 | 6.9% | -46.0% | ||
| Q1 25 | 26.7% | -49.5% | ||
| Q4 24 | 16.7% | -39.5% | ||
| Q3 24 | 0.5% | -49.6% | ||
| Q2 24 | 7.9% | -39.2% | ||
| Q1 24 | 46.5% | -47.7% |
每股收益（稀释后）DAVERKLB
| Q4 25 | $4.60 | $-0.09 | ||
| Q3 25 | $6.34 | $-0.03 | ||
| Q2 25 | $0.62 | $-0.13 | ||
| Q1 25 | $1.97 | $-0.12 | ||
| Q4 24 | $1.09 | $-0.11 | ||
| Q3 24 | $0.03 | $-0.10 | ||
| Q2 24 | $0.47 | $-0.08 | ||
| Q1 24 | $2.60 | $-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 | $80.5M | $1.0B |
| 总债务越低越好 | $0 | $152.4M |
| 股东权益账面价值 | $352.7M | $1.7B |
| 总资产 | $487.4M | $2.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资DAVERKLB
| Q4 25 | $80.5M | $1.0B | ||
| Q3 25 | $49.9M | $976.7M | ||
| Q2 25 | $61.8M | $688.1M | ||
| Q1 25 | $47.1M | $428.4M | ||
| Q4 24 | $49.8M | $419.0M | ||
| Q3 24 | $35.2M | $442.4M | ||
| Q2 24 | $48.7M | $496.8M | ||
| Q1 24 | $56.6M | $492.5M |
总债务DAVERKLB
| Q4 25 | $0 | $152.4M | ||
| Q3 25 | $75.0M | $347.0M | ||
| Q2 25 | $75.0M | $346.5M | ||
| Q1 25 | $75.0M | $345.9M | ||
| Q4 24 | $75.0M | $345.4M | ||
| Q3 24 | $75.0M | $61.2M | ||
| Q2 24 | $75.0M | $64.2M | ||
| Q1 24 | $75.0M | $66.8M |
股东权益DAVERKLB
| Q4 25 | $352.7M | $1.7B | ||
| Q3 25 | $291.3M | $1.3B | ||
| Q2 25 | $217.1M | $688.5M | ||
| Q1 25 | $199.5M | $431.3M | ||
| Q4 24 | $183.1M | $382.5M | ||
| Q3 24 | $155.8M | $419.8M | ||
| Q2 24 | $141.8M | $455.2M | ||
| Q1 24 | $127.3M | $478.9M |
总资产DAVERKLB
| Q4 25 | $487.4M | $2.3B | ||
| Q3 25 | $433.3M | $2.2B | ||
| Q2 25 | $363.6M | $1.6B | ||
| Q1 25 | $315.7M | $1.3B | ||
| Q4 24 | $299.3M | $1.2B | ||
| Q3 24 | $272.2M | $1.2B | ||
| Q2 24 | $247.2M | $1.2B | ||
| Q1 24 | $235.6M | $1.2B |
负债/权益比DAVERKLB
| Q4 25 | 0.00× | 0.09× | ||
| Q3 25 | 0.26× | 0.27× | ||
| Q2 25 | 0.35× | 0.50× | ||
| Q1 25 | 0.38× | 0.80× | ||
| Q4 24 | 0.41× | 0.90× | ||
| Q3 24 | 0.48× | 0.15× | ||
| Q2 24 | 0.53× | 0.14× | ||
| Q1 24 | 0.59× | 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 | $290.0M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $289.7M | $-114.2M |
| 自由现金流率自由现金流/营收 | 177.0% | -63.6% |
| 资本支出强度资本支出/营收 | 0.2% | 27.6% |
| 现金转化率经营现金流/净利润 | 4.40× | — |
| 过去12个月自由现金流最近4个季度 | $486.2M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流DAVERKLB
| Q4 25 | $290.0M | $-64.5M | ||
| Q3 25 | $83.2M | $-23.5M | ||
| Q2 25 | $68.2M | $-23.2M | ||
| Q1 25 | $45.2M | $-54.2M | ||
| Q4 24 | $125.1M | $-2.4M | ||
| Q3 24 | $37.0M | $-30.9M | ||
| Q2 24 | $28.0M | $-13.0M | ||
| Q1 24 | $18.3M | $-2.6M |
自由现金流DAVERKLB
| Q4 25 | $289.7M | $-114.2M | ||
| Q3 25 | $83.2M | $-69.4M | ||
| Q2 25 | $68.1M | $-55.3M | ||
| Q1 25 | $45.2M | $-82.9M | ||
| Q4 24 | $124.9M | $-23.9M | ||
| Q3 24 | $37.0M | $-41.9M | ||
| Q2 24 | $27.9M | $-28.3M | ||
| Q1 24 | $18.3M | $-21.8M |
自由现金流率DAVERKLB
| Q4 25 | 177.0% | -63.6% | ||
| Q3 25 | 55.2% | -44.8% | ||
| Q2 25 | 51.7% | -38.3% | ||
| Q1 25 | 41.9% | -67.6% | ||
| Q4 24 | 123.8% | -18.1% | ||
| Q3 24 | 40.0% | -40.0% | ||
| Q2 24 | 34.8% | -26.7% | ||
| Q1 24 | 24.9% | -23.5% |
资本支出强度DAVERKLB
| Q4 25 | 0.2% | 27.6% | ||
| Q3 25 | 0.0% | 29.6% | ||
| Q2 25 | 0.1% | 22.2% | ||
| Q1 25 | 0.0% | 23.4% | ||
| Q4 24 | 0.3% | 16.3% | ||
| Q3 24 | 0.1% | 10.5% | ||
| Q2 24 | 0.2% | 14.4% | ||
| Q1 24 | 0.0% | 20.7% |
现金转化率DAVERKLB
| Q4 25 | 4.40× | — | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 7.55× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 7.45× | — | ||
| Q3 24 | 79.47× | — | ||
| Q2 24 | 4.41× | — | ||
| Q1 24 | 0.54× | — |
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
DAVE
| Service Based Revenue | $153.2M | 94% |
| Interchange Revenue Net | $6.4M | 4% |
| Transaction Based Revenue Other Net | $4.1M | 3% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
