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Energy Recovery, Inc.（ERII）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是Energy Recovery, Inc.的1.2倍（$81.3M vs $66.9M），Energy Recovery, Inc.净利率更高（40.2% vs -72.8%，领先113.1%），Planet Labs PBC同比增速更快（32.6% vs -0.3%），Energy Recovery, Inc.自由现金流更多（$6.4M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs 8.1%）
Energy Recovery, Inc.是一家美国制造商，专注生产为水务及二氧化碳制冷行业提供的能量回收装置，产品可帮助相关行业在工艺流程中回收利用富余能量，助力客户降低能耗成本，提升运营的绿色低碳水平，在细分领域拥有领先的技术积累。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
ERII vs PL — 直观对比
营收规模更大
PL
是对方的1.2倍
$66.9M
营收增速更快
PL
高出32.9%
-0.3%
净利率更高
ERII
高出113.1%
-72.8%
自由现金流更多
ERII
多$4.5M
$1.9M
两年增速更快
PL
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $81.3M |
| 净利润 | $26.9M | $-59.2M |
| 毛利率 | 67.2% | 57.3% |
| 营业利润率 | 46.8% | -22.6% |
| 净利率 | 40.2% | -72.8% |
| 营收同比 | -0.3% | 32.6% |
| 净利润同比 | 14.7% | -194.7% |
| 每股收益（稀释后） | $0.49 | $-0.19 |
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ERIIPL
| Q4 25 | $66.9M | $81.3M | ||
| Q3 25 | $32.0M | $73.4M | ||
| Q2 25 | $28.1M | $66.3M | ||
| Q1 25 | — | $61.6M | ||
| Q4 24 | $67.1M | $61.3M | ||
| Q3 24 | $38.6M | $61.1M | ||
| Q2 24 | $27.2M | $60.4M | ||
| Q1 24 | $12.1M | $58.9M |
净利润ERIIPL
| Q4 25 | $26.9M | $-59.2M | ||
| Q3 25 | $3.9M | $-22.6M | ||
| Q2 25 | $2.1M | $-12.6M | ||
| Q1 25 | — | $-35.2M | ||
| Q4 24 | $23.5M | $-20.1M | ||
| Q3 24 | $8.5M | $-38.7M | ||
| Q2 24 | $-642.0K | $-29.3M | ||
| Q1 24 | $-8.3M | $-30.1M |
毛利率ERIIPL
| Q4 25 | 67.2% | 57.3% | ||
| Q3 25 | 64.2% | 57.6% | ||
| Q2 25 | 64.0% | 55.2% | ||
| Q1 25 | — | 62.1% | ||
| Q4 24 | 70.2% | 61.2% | ||
| Q3 24 | 65.1% | 52.9% | ||
| Q2 24 | 64.6% | 52.4% | ||
| Q1 24 | 59.0% | 55.2% |
营业利润率ERIIPL
| Q4 25 | 46.8% | -22.6% | ||
| Q3 25 | 11.4% | -24.5% | ||
| Q2 25 | 5.3% | -34.4% | ||
| Q1 25 | — | -31.5% | ||
| Q4 24 | 38.2% | -36.9% | ||
| Q3 24 | 18.3% | -64.8% | ||
| Q2 24 | -7.4% | -57.2% | ||
| Q1 24 | -90.4% | -57.6% |
净利率ERIIPL
| Q4 25 | 40.2% | -72.8% | ||
| Q3 25 | 12.1% | -30.8% | ||
| Q2 25 | 7.3% | -19.1% | ||
| Q1 25 | — | -57.1% | ||
| Q4 24 | 35.0% | -32.8% | ||
| Q3 24 | 22.0% | -63.3% | ||
| Q2 24 | -2.4% | -48.5% | ||
| Q1 24 | -68.3% | -51.1% |
每股收益（稀释后）ERIIPL
| Q4 25 | $0.49 | $-0.19 | ||
| Q3 25 | $0.07 | $-0.07 | ||
| Q2 25 | $0.04 | $-0.04 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | $0.40 | $-0.07 | ||
| Q3 24 | $0.15 | $-0.13 | ||
| Q2 24 | $-0.01 | $-0.10 | ||
| Q1 24 | $-0.14 | $-0.10 |
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 | $75.2M | $443.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $206.2M | $349.6M |
| 总资产 | $231.5M | $1.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ERIIPL
| Q4 25 | $75.2M | $443.3M | ||
| Q3 25 | $70.4M | $181.1M | ||
| Q2 25 | $79.5M | $133.5M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | $78.0M | $139.0M | ||
| Q3 24 | $118.6M | $148.3M | ||
| Q2 24 | $101.0M | $107.4M | ||
| Q1 24 | $117.4M | $83.9M |
股东权益ERIIPL
| Q4 25 | $206.2M | $349.6M | ||
| Q3 25 | $180.8M | $435.7M | ||
| Q2 25 | $185.2M | $444.8M | ||
| Q1 25 | — | $441.3M | ||
| Q4 24 | $210.0M | $464.6M | ||
| Q3 24 | $233.9M | $473.2M | ||
| Q2 24 | $218.5M | $500.3M | ||
| Q1 24 | $216.0M | $518.0M |
总资产ERIIPL
| Q4 25 | $231.5M | $1.1B | ||
| Q3 25 | $209.6M | $696.4M | ||
| Q2 25 | $212.3M | $658.4M | ||
| Q1 25 | — | $633.8M | ||
| Q4 24 | $242.8M | $630.8M | ||
| Q3 24 | $262.7M | $658.4M | ||
| Q2 24 | $249.0M | $674.6M | ||
| Q1 24 | $244.3M | $702.0M |
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 | $7.1M | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $6.4M | $1.9M |
| 自由现金流率自由现金流/营收 | 9.6% | 2.3% |
| 资本支出强度资本支出/营收 | 1.0% | 32.9% |
| 现金转化率经营现金流/净利润 | 0.26× | — |
| 过去12个月自由现金流最近4个季度 | $15.8M | $40.7M |
8季度趋势，按日历期对齐
经营现金流ERIIPL
| Q4 25 | $7.1M | $28.6M | ||
| Q3 25 | $-3.1M | $67.8M | ||
| Q2 25 | $4.1M | $17.3M | ||
| Q1 25 | — | $-6.3M | ||
| Q4 24 | $9.0M | $4.1M | ||
| Q3 24 | $-3.0M | $-7.9M | ||
| Q2 24 | $8.1M | $-4.3M | ||
| Q1 24 | $6.5M | $-6.8M |
自由现金流ERIIPL
| Q4 25 | $6.4M | $1.9M | ||
| Q3 25 | $-3.5M | $47.5M | ||
| Q2 25 | $4.0M | $9.2M | ||
| Q1 25 | — | $-17.9M | ||
| Q4 24 | $8.9M | $-3.6M | ||
| Q3 24 | $-3.2M | $-23.0M | ||
| Q2 24 | $7.9M | $-14.2M | ||
| Q1 24 | $5.7M | $-15.7M |
自由现金流率ERIIPL
| Q4 25 | 9.6% | 2.3% | ||
| Q3 25 | -10.9% | 64.7% | ||
| Q2 25 | 14.3% | 13.9% | ||
| Q1 25 | — | -29.1% | ||
| Q4 24 | 13.2% | -5.8% | ||
| Q3 24 | -8.2% | -37.6% | ||
| Q2 24 | 28.9% | -23.6% | ||
| Q1 24 | 46.9% | -26.7% |
资本支出强度ERIIPL
| Q4 25 | 1.0% | 32.9% | ||
| Q3 25 | 1.1% | 27.6% | ||
| Q2 25 | 0.5% | 12.3% | ||
| Q1 25 | — | 18.9% | ||
| Q4 24 | 0.2% | 12.5% | ||
| Q3 24 | 0.4% | 24.8% | ||
| Q2 24 | 0.7% | 16.4% | ||
| Q1 24 | 6.8% | 15.1% |
现金转化率ERIIPL
| Q4 25 | 0.26× | — | ||
| Q3 25 | -0.81× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | — | ||
| 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
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
