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Funko, Inc.（FNKO）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
Funko, Inc.的季度营收约是Rocket Lab Corp的1.5倍（$273.1M vs $179.7M），Funko, Inc.净利率更高（-0.1% vs -29.5%，领先29.4%），Rocket Lab Corp同比增速更快（35.7% vs -7.0%），Funko, Inc.自由现金流更多（$19.2M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 12.5%）
Funko是一家美国知名流行文化周边收藏品牌，主打获得IP授权的限量收藏商品，以 vinyl 搪胶收藏人偶和摇头公仔闻名，同时也生产授权毛绒玩具、可动玩偶、服饰、配件及周边桌游。该品牌由迈克·贝克尔与克劳迪娅·贝克尔于1998年创立，最初只是主打复古怀旧风的小型手工玩具项目。
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。
FNKO vs RKLB — 直观对比
营收规模更大
FNKO
是对方的1.5倍
$179.7M
营收增速更快
RKLB
高出42.7%
-7.0%
净利率更高
FNKO
高出29.4%
-29.5%
自由现金流更多
FNKO
多$133.4M
$-114.2M
两年增速更快
RKLB
近两年复合增速
12.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.1M | $179.7M |
| 净利润 | $-183.0K | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 2.2% | -28.4% |
| 净利率 | -0.1% | -29.5% |
| 营收同比 | -7.0% | 35.7% |
| 净利润同比 | 87.8% | -1.1% |
| 每股收益（稀释后） | $0.00 | $-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FNKORKLB
| Q4 25 | $273.1M | $179.7M | ||
| Q3 25 | $250.9M | $155.1M | ||
| Q2 25 | $193.5M | $144.5M | ||
| Q1 25 | $190.7M | $122.6M | ||
| Q4 24 | $293.7M | $132.4M | ||
| Q3 24 | $292.8M | $104.8M | ||
| Q2 24 | $247.7M | $106.3M | ||
| Q1 24 | $215.7M | $92.8M |
净利润FNKORKLB
| Q4 25 | $-183.0K | $-52.9M | ||
| Q3 25 | $901.0K | $-18.3M | ||
| Q2 25 | $-40.5M | $-66.4M | ||
| Q1 25 | $-27.6M | $-60.6M | ||
| Q4 24 | $-1.5M | $-52.3M | ||
| Q3 24 | $4.3M | $-51.9M | ||
| Q2 24 | $5.1M | $-41.6M | ||
| Q1 24 | $-22.7M | $-44.3M |
毛利率FNKORKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | 40.9% | 26.7% | ||
| Q2 24 | 42.0% | 25.6% | ||
| Q1 24 | 40.0% | 26.1% |
营业利润率FNKORKLB
| Q4 25 | 2.2% | -28.4% | ||
| Q3 25 | 2.6% | -38.0% | ||
| Q2 25 | -18.0% | -41.3% | ||
| Q1 25 | -12.2% | -48.3% | ||
| Q4 24 | 1.8% | -38.9% | ||
| Q3 24 | 4.0% | -49.5% | ||
| Q2 24 | 4.3% | -40.7% | ||
| Q1 24 | -6.9% | -46.4% |
净利率FNKORKLB
| Q4 25 | -0.1% | -29.5% | ||
| Q3 25 | 0.4% | -11.8% | ||
| Q2 25 | -20.9% | -46.0% | ||
| Q1 25 | -14.5% | -49.5% | ||
| Q4 24 | -0.5% | -39.5% | ||
| Q3 24 | 1.5% | -49.6% | ||
| Q2 24 | 2.1% | -39.2% | ||
| Q1 24 | -10.5% | -47.7% |
每股收益（稀释后）FNKORKLB
| Q4 25 | $0.00 | $-0.09 | ||
| Q3 25 | $0.02 | $-0.03 | ||
| Q2 25 | $-0.74 | $-0.13 | ||
| Q1 25 | $-0.52 | $-0.12 | ||
| Q4 24 | $-0.01 | $-0.11 | ||
| Q3 24 | $0.08 | $-0.10 | ||
| Q2 24 | $0.10 | $-0.08 | ||
| Q1 24 | $-0.45 | $-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 | $42.1M | $1.0B |
| 总债务越低越好 | $100.3M | $152.4M |
| 股东权益账面价值 | $185.8M | $1.7B |
| 总资产 | $685.2M | $2.3B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资FNKORKLB
| Q4 25 | $42.1M | $1.0B | ||
| Q3 25 | $39.2M | $976.7M | ||
| Q2 25 | $49.2M | $688.1M | ||
| Q1 25 | $25.9M | $428.4M | ||
| Q4 24 | $34.7M | $419.0M | ||
| Q3 24 | $28.5M | $442.4M | ||
| Q2 24 | $41.6M | $496.8M | ||
| Q1 24 | $26.1M | $492.5M |
总债务FNKORKLB
| Q4 25 | $100.3M | $152.4M | ||
| Q3 25 | $106.0M | $347.0M | ||
| Q2 25 | $111.6M | $346.5M | ||
| Q1 25 | $117.2M | $345.9M | ||
| Q4 24 | $122.8M | $345.4M | ||
| Q3 24 | $128.4M | $61.2M | ||
| Q2 24 | $133.9M | $64.2M | ||
| Q1 24 | $139.4M | $66.8M |
股东权益FNKORKLB
| Q4 25 | $185.8M | $1.7B | ||
| Q3 25 | $182.7M | $1.3B | ||
| Q2 25 | $181.2M | $688.5M | ||
| Q1 25 | $212.8M | $431.3M | ||
| Q4 24 | $233.0M | $382.5M | ||
| Q3 24 | $236.5M | $419.8M | ||
| Q2 24 | $223.5M | $455.2M | ||
| Q1 24 | $212.5M | $478.9M |
总资产FNKORKLB
| Q4 25 | $685.2M | $2.3B | ||
| Q3 25 | $699.3M | $2.2B | ||
| Q2 25 | $694.9M | $1.6B | ||
| Q1 25 | $648.4M | $1.3B | ||
| Q4 24 | $707.3M | $1.2B | ||
| Q3 24 | $783.6M | $1.2B | ||
| Q2 24 | $737.8M | $1.2B | ||
| Q1 24 | $725.5M | $1.2B |
负债/权益比FNKORKLB
| Q4 25 | 0.54× | 0.09× | ||
| Q3 25 | 0.58× | 0.27× | ||
| Q2 25 | 0.62× | 0.50× | ||
| Q1 25 | 0.55× | 0.80× | ||
| Q4 24 | 0.53× | 0.90× | ||
| Q3 24 | 0.54× | 0.15× | ||
| Q2 24 | 0.60× | 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 | $28.1M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $19.2M | $-114.2M |
| 自由现金流率自由现金流/营收 | 7.0% | -63.6% |
| 资本支出强度资本支出/营收 | 3.3% | 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 | $-38.1M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流FNKORKLB
| Q4 25 | $28.1M | $-64.5M | ||
| Q3 25 | $11.2M | $-23.5M | ||
| Q2 25 | $-22.2M | $-23.2M | ||
| Q1 25 | $-22.3M | $-54.2M | ||
| Q4 24 | $59.8M | $-2.4M | ||
| Q3 24 | $3.3M | $-30.9M | ||
| Q2 24 | $45.9M | $-13.0M | ||
| Q1 24 | $14.5M | $-2.6M |
自由现金流FNKORKLB
| Q4 25 | $19.2M | $-114.2M | ||
| Q3 25 | $3.4M | $-69.4M | ||
| Q2 25 | $-31.8M | $-55.3M | ||
| Q1 25 | $-28.8M | $-82.9M | ||
| Q4 24 | $47.8M | $-23.9M | ||
| Q3 24 | $-4.2M | $-41.9M | ||
| Q2 24 | $36.8M | $-28.3M | ||
| Q1 24 | $10.3M | $-21.8M |
自由现金流率FNKORKLB
| Q4 25 | 7.0% | -63.6% | ||
| Q3 25 | 1.3% | -44.8% | ||
| Q2 25 | -16.5% | -38.3% | ||
| Q1 25 | -15.1% | -67.6% | ||
| Q4 24 | 16.3% | -18.1% | ||
| Q3 24 | -1.4% | -40.0% | ||
| Q2 24 | 14.9% | -26.7% | ||
| Q1 24 | 4.8% | -23.5% |
资本支出强度FNKORKLB
| Q4 25 | 3.3% | 27.6% | ||
| Q3 25 | 3.1% | 29.6% | ||
| Q2 25 | 5.0% | 22.2% | ||
| Q1 25 | 3.4% | 23.4% | ||
| Q4 24 | 4.1% | 16.3% | ||
| Q3 24 | 2.6% | 10.5% | ||
| Q2 24 | 3.7% | 14.4% | ||
| Q1 24 | 1.9% | 20.7% |
现金转化率FNKORKLB
| Q4 25 | — | — | ||
| Q3 25 | 12.47× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.77× | — | ||
| Q2 24 | 8.97× | — | ||
| 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
FNKO
| Core Collectibles | $221.0M | 81% |
| Loungefly LLC | $43.1M | 16% |
| Other Products Excluding Core Collectibles And Loungefly Brands | $9.0M | 3% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
