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EVgo Inc.（EVGO）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EVgo Inc.的1.5倍（$179.7M vs $118.5M），EVgo Inc.净利率更高（-4.1% vs -29.5%，领先25.4%），EVgo Inc.同比增速更快（75.5% vs 35.7%），EVgo Inc.自由现金流更多（$-38.1M vs $-114.2M），过去两年EVgo Inc.的营收复合增速更高（46.6% vs 39.2%）
EVgo Inc.是美国知名的电动汽车快充网络运营商，截至2023年8月，公司已布局超过950个充电站点，覆盖美国35个州，旗下充电桩兼容全球各大主流车企的电动汽车。
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。
EVGO vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.5倍
$118.5M
营收增速更快
EVGO
高出39.8%
35.7%
净利率更高
EVGO
高出25.4%
-29.5%
自由现金流更多
EVGO
多$76.1M
$-114.2M
两年增速更快
EVGO
近两年复合增速
39.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $118.5M | $179.7M |
| 净利润 | $-4.8M | $-52.9M |
| 毛利率 | 38.0% | 38.0% |
| 营业利润率 | -10.4% | -28.4% |
| 净利率 | -4.1% | -29.5% |
| 营收同比 | 75.5% | 35.7% |
| 净利润同比 | 61.1% | -1.1% |
| 每股收益（稀释后） | $-0.03 | $-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EVGORKLB
| Q4 25 | $118.5M | $179.7M | ||
| Q3 25 | $92.3M | $155.1M | ||
| Q2 25 | $98.0M | $144.5M | ||
| Q1 25 | $75.3M | $122.6M | ||
| Q4 24 | $67.5M | $132.4M | ||
| Q3 24 | $67.5M | $104.8M | ||
| Q2 24 | $66.6M | $106.3M | ||
| Q1 24 | $55.2M | $92.8M |
净利润EVGORKLB
| Q4 25 | $-4.8M | $-52.9M | ||
| Q3 25 | $-12.4M | $-18.3M | ||
| Q2 25 | $-13.0M | $-66.4M | ||
| Q1 25 | $-11.4M | $-60.6M | ||
| Q4 24 | $-12.4M | $-52.3M | ||
| Q3 24 | $-11.7M | $-51.9M | ||
| Q2 24 | $-10.4M | $-41.6M | ||
| Q1 24 | $-9.8M | $-44.3M |
毛利率EVGORKLB
| Q4 25 | 38.0% | 38.0% | ||
| Q3 25 | 13.6% | 37.0% | ||
| Q2 25 | 14.2% | 32.1% | ||
| Q1 25 | 12.4% | 28.8% | ||
| Q4 24 | 14.5% | 27.8% | ||
| Q3 24 | 9.4% | 26.7% | ||
| Q2 24 | 9.6% | 25.6% | ||
| Q1 24 | 12.4% | 26.1% |
营业利润率EVGORKLB
| Q4 25 | -10.4% | -28.4% | ||
| Q3 25 | -36.9% | -38.0% | ||
| Q2 25 | -31.4% | -41.3% | ||
| Q1 25 | -44.4% | -48.3% | ||
| Q4 24 | -51.9% | -38.9% | ||
| Q3 24 | -47.1% | -49.5% | ||
| Q2 24 | -48.6% | -40.7% | ||
| Q1 24 | -58.7% | -46.4% |
净利率EVGORKLB
| Q4 25 | -4.1% | -29.5% | ||
| Q3 25 | -13.4% | -11.8% | ||
| Q2 25 | -13.3% | -46.0% | ||
| Q1 25 | -15.1% | -49.5% | ||
| Q4 24 | -18.4% | -39.5% | ||
| Q3 24 | -17.3% | -49.6% | ||
| Q2 24 | -15.6% | -39.2% | ||
| Q1 24 | -17.8% | -47.7% |
每股收益（稀释后）EVGORKLB
| Q4 25 | $-0.03 | $-0.09 | ||
| Q3 25 | $-0.09 | $-0.03 | ||
| Q2 25 | $-0.10 | $-0.13 | ||
| Q1 25 | $-0.09 | $-0.12 | ||
| Q4 24 | $-0.11 | $-0.11 | ||
| Q3 24 | $-0.11 | $-0.10 | ||
| Q2 24 | $-0.10 | $-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 | $151.0M | $1.0B |
| 总债务越低越好 | $206.5M | $152.4M |
| 股东权益账面价值 | $-116.9M | $1.7B |
| 总资产 | $964.8M | $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EVGORKLB
| Q4 25 | $151.0M | $1.0B | ||
| Q3 25 | $181.3M | $976.7M | ||
| Q2 25 | $154.5M | $688.1M | ||
| Q1 25 | $150.0M | $428.4M | ||
| Q4 24 | $117.3M | $419.0M | ||
| Q3 24 | $141.9M | $442.4M | ||
| Q2 24 | $162.3M | $496.8M | ||
| Q1 24 | $175.1M | $492.5M |
总债务EVGORKLB
| Q4 25 | $206.5M | $152.4M | ||
| Q3 25 | $157.3M | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益EVGORKLB
| Q4 25 | $-116.9M | $1.7B | ||
| Q3 25 | $-428.1M | $1.3B | ||
| Q2 25 | $-230.1M | $688.5M | ||
| Q1 25 | $-36.8M | $431.3M | ||
| Q4 24 | $-256.1M | $382.5M | ||
| Q3 24 | $-344.8M | $419.8M | ||
| Q2 24 | $13.6M | $455.2M | ||
| Q1 24 | $25.7M | $478.9M |
总资产EVGORKLB
| Q4 25 | $964.8M | $2.3B | ||
| Q3 25 | $931.8M | $2.2B | ||
| Q2 25 | $864.7M | $1.6B | ||
| Q1 25 | $856.0M | $1.3B | ||
| Q4 24 | $803.8M | $1.2B | ||
| Q3 24 | $791.7M | $1.2B | ||
| Q2 24 | $785.3M | $1.2B | ||
| Q1 24 | $787.5M | $1.2B |
负债/权益比EVGORKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 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 | $11.3M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-38.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | -32.2% | -63.6% |
| 资本支出强度资本支出/营收 | 41.7% | 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 | $-124.4M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流EVGORKLB
| Q4 25 | $11.3M | $-64.5M | ||
| Q3 25 | $-22.8M | $-23.5M | ||
| Q2 25 | $14.1M | $-23.2M | ||
| Q1 25 | $-10.2M | $-54.2M | ||
| Q4 24 | $-12.8M | $-2.4M | ||
| Q3 24 | $12.1M | $-30.9M | ||
| Q2 24 | $7.6M | $-13.0M | ||
| Q1 24 | $-14.1M | $-2.6M |
自由现金流EVGORKLB
| Q4 25 | $-38.1M | $-114.2M | ||
| Q3 25 | $-49.0M | $-69.4M | ||
| Q2 25 | $-12.1M | $-55.3M | ||
| Q1 25 | $-25.2M | $-82.9M | ||
| Q4 24 | $-36.5M | $-23.9M | ||
| Q3 24 | $-13.7M | $-41.9M | ||
| Q2 24 | $-16.6M | $-28.3M | ||
| Q1 24 | $-35.2M | $-21.8M |
自由现金流率EVGORKLB
| Q4 25 | -32.2% | -63.6% | ||
| Q3 25 | -53.1% | -44.8% | ||
| Q2 25 | -12.4% | -38.3% | ||
| Q1 25 | -33.5% | -67.6% | ||
| Q4 24 | -54.1% | -18.1% | ||
| Q3 24 | -20.3% | -40.0% | ||
| Q2 24 | -25.0% | -26.7% | ||
| Q1 24 | -63.7% | -23.5% |
资本支出强度EVGORKLB
| Q4 25 | 41.7% | 27.6% | ||
| Q3 25 | 28.3% | 29.6% | ||
| Q2 25 | 26.7% | 22.2% | ||
| Q1 25 | 19.9% | 23.4% | ||
| Q4 24 | 35.1% | 16.3% | ||
| Q3 24 | 38.3% | 10.5% | ||
| Q2 24 | 36.3% | 14.4% | ||
| Q1 24 | 38.2% | 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
EVGO
| Charging Network Revenue | $63.6M | 54% |
| Charging Revenue Retail | $35.8M | 30% |
| Charging Revenue Commercial | $9.3M | 8% |
| Charging Revenue Oem | $6.5M | 6% |
| Regulatory Credit Sales | $2.2M | 2% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
