vs
EverCommerce Inc.（EVCM）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EverCommerce Inc.的1.2倍（$179.7M vs $151.2M），EverCommerce Inc.净利率更高（4.0% vs -29.5%，领先33.5%），Rocket Lab Corp同比增速更快（35.7% vs 5.2%），EverCommerce Inc.自由现金流更多（$21.0M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 4.7%）
EverCommerce Inc.是面向服务类中小企业的领先集成SaaS解决方案提供商，核心市场覆盖北美及部分全球区域，产品线包含业务管理、支付处理、客户互动、营销工具等，服务家庭服务、健康康养、健身等多个细分领域。
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。
EVCM vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.2倍
$151.2M
营收增速更快
RKLB
高出30.5%
5.2%
净利率更高
EVCM
高出33.5%
-29.5%
自由现金流更多
EVCM
多$135.2M
$-114.2M
两年增速更快
RKLB
近两年复合增速
4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $151.2M | $179.7M |
| 净利润 | $6.0M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 8.8% | -28.4% |
| 净利率 | 4.0% | -29.5% |
| 营收同比 | 5.2% | 35.7% |
| 净利润同比 | 149.4% | -1.1% |
| 每股收益（稀释后） | $0.04 | $-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EVCMRKLB
| Q4 25 | $151.2M | $179.7M | ||
| Q3 25 | $147.5M | $155.1M | ||
| Q2 25 | $148.0M | $144.5M | ||
| Q1 25 | $142.3M | $122.6M | ||
| Q4 24 | $143.7M | $132.4M | ||
| Q3 24 | $140.1M | $104.8M | ||
| Q2 24 | $140.5M | $106.3M | ||
| Q1 24 | $137.9M | $92.8M |
净利润EVCMRKLB
| Q4 25 | $6.0M | $-52.9M | ||
| Q3 25 | $11.1M | $-18.3M | ||
| Q2 25 | $8.2M | $-66.4M | ||
| Q1 25 | $-7.7M | $-60.6M | ||
| Q4 24 | $-12.2M | $-52.3M | ||
| Q3 24 | $-9.2M | $-51.9M | ||
| Q2 24 | $-3.4M | $-41.6M | ||
| Q1 24 | $-16.3M | $-44.3M |
毛利率EVCMRKLB
| 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EVCMRKLB
| Q4 25 | 8.8% | -28.4% | ||
| Q3 25 | 10.8% | -38.0% | ||
| Q2 25 | 10.7% | -41.3% | ||
| Q1 25 | 10.0% | -48.3% | ||
| Q4 24 | 8.8% | -38.9% | ||
| Q3 24 | 7.2% | -49.5% | ||
| Q2 24 | 5.5% | -40.7% | ||
| Q1 24 | -3.1% | -46.4% |
净利率EVCMRKLB
| Q4 25 | 4.0% | -29.5% | ||
| Q3 25 | 7.5% | -11.8% | ||
| Q2 25 | 5.5% | -46.0% | ||
| Q1 25 | -5.4% | -49.5% | ||
| Q4 24 | -8.5% | -39.5% | ||
| Q3 24 | -6.5% | -49.6% | ||
| Q2 24 | -2.4% | -39.2% | ||
| Q1 24 | -11.8% | -47.7% |
每股收益（稀释后）EVCMRKLB
| Q4 25 | $0.04 | $-0.09 | ||
| Q3 25 | $0.06 | $-0.03 | ||
| Q2 25 | $0.04 | $-0.13 | ||
| Q1 25 | $-0.04 | $-0.12 | ||
| Q4 24 | $-0.06 | $-0.11 | ||
| Q3 24 | $-0.05 | $-0.10 | ||
| Q2 24 | $-0.02 | $-0.08 | ||
| Q1 24 | $-0.09 | $-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 | $129.7M | $1.0B |
| 总债务越低越好 | $523.4M | $152.4M |
| 股东权益账面价值 | $716.9M | $1.7B |
| 总资产 | $1.4B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资EVCMRKLB
| Q4 25 | $129.7M | $1.0B | ||
| Q3 25 | $106.9M | $976.7M | ||
| Q2 25 | $151.1M | $688.1M | ||
| Q1 25 | $148.4M | $428.4M | ||
| Q4 24 | $135.8M | $419.0M | ||
| Q3 24 | $101.6M | $442.4M | ||
| Q2 24 | $86.7M | $496.8M | ||
| Q1 24 | $90.0M | $492.5M |
总债务EVCMRKLB
| Q4 25 | $523.4M | $152.4M | ||
| Q3 25 | $524.6M | $347.0M | ||
| Q2 25 | $525.8M | $346.5M | ||
| Q1 25 | $526.9M | $345.9M | ||
| Q4 24 | $527.9M | $345.4M | ||
| Q3 24 | $529.0M | $61.2M | ||
| Q2 24 | $530.1M | $64.2M | ||
| Q1 24 | $531.1M | $66.8M |
股东权益EVCMRKLB
| Q4 25 | $716.9M | $1.7B | ||
| Q3 25 | $728.5M | $1.3B | ||
| Q2 25 | $744.0M | $688.5M | ||
| Q1 25 | $739.6M | $431.3M | ||
| Q4 24 | $750.8M | $382.5M | ||
| Q3 24 | $770.7M | $419.8M | ||
| Q2 24 | $784.1M | $455.2M | ||
| Q1 24 | $800.7M | $478.9M |
总资产EVCMRKLB
| Q4 25 | $1.4B | $2.3B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.4B | $1.6B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | $1.5B | $1.2B |
负债/权益比EVCMRKLB
| Q4 25 | 0.73× | 0.09× | ||
| Q3 25 | 0.72× | 0.27× | ||
| Q2 25 | 0.71× | 0.50× | ||
| Q1 25 | 0.71× | 0.80× | ||
| Q4 24 | 0.70× | 0.90× | ||
| Q3 24 | 0.69× | 0.15× | ||
| Q2 24 | 0.68× | 0.14× | ||
| Q1 24 | 0.66× | 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 | $21.3M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $21.0M | $-114.2M |
| 自由现金流率自由现金流/营收 | 13.9% | -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 | 3.52× | — |
| 过去12个月自由现金流最近4个季度 | $109.2M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流EVCMRKLB
| Q4 25 | $21.3M | $-64.5M | ||
| Q3 25 | $32.5M | $-23.5M | ||
| Q2 25 | $27.0M | $-23.2M | ||
| Q1 25 | $30.7M | $-54.2M | ||
| Q4 24 | $48.4M | $-2.4M | ||
| Q3 24 | $27.5M | $-30.9M | ||
| Q2 24 | $23.9M | $-13.0M | ||
| Q1 24 | $13.3M | $-2.6M |
自由现金流EVCMRKLB
| Q4 25 | $21.0M | $-114.2M | ||
| Q3 25 | $31.6M | $-69.4M | ||
| Q2 25 | $26.5M | $-55.3M | ||
| Q1 25 | $30.2M | $-82.9M | ||
| Q4 24 | $48.2M | $-23.9M | ||
| Q3 24 | $27.4M | $-41.9M | ||
| Q2 24 | $23.3M | $-28.3M | ||
| Q1 24 | $12.9M | $-21.8M |
自由现金流率EVCMRKLB
| Q4 25 | 13.9% | -63.6% | ||
| Q3 25 | 21.4% | -44.8% | ||
| Q2 25 | 17.9% | -38.3% | ||
| Q1 25 | 21.2% | -67.6% | ||
| Q4 24 | 33.5% | -18.1% | ||
| Q3 24 | 19.5% | -40.0% | ||
| Q2 24 | 16.6% | -26.7% | ||
| Q1 24 | 9.4% | -23.5% |
资本支出强度EVCMRKLB
| Q4 25 | 0.2% | 27.6% | ||
| Q3 25 | 0.6% | 29.6% | ||
| Q2 25 | 0.3% | 22.2% | ||
| Q1 25 | 0.3% | 23.4% | ||
| Q4 24 | 0.2% | 16.3% | ||
| Q3 24 | 0.1% | 10.5% | ||
| Q2 24 | 0.5% | 14.4% | ||
| Q1 24 | 0.3% | 20.7% |
现金转化率EVCMRKLB
| Q4 25 | 3.52× | — | ||
| Q3 25 | 2.93× | — | ||
| Q2 25 | 3.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
EVCM
| Transferred Over Time | $146.4M | 97% |
| Transferred At Point In Time | $4.8M | 3% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
