vs
化石集团（FOSL）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
化石集团的季度营收约是Rocket Lab Corp的1.5倍（$270.2M vs $179.7M），化石集团净利率更高（-14.8% vs -29.5%，领先14.6%），Rocket Lab Corp同比增速更快（35.7% vs -21.1%），化石集团自由现金流更多（$-22.5M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -11.4%）
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
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。
FOSL vs RKLB — 直观对比
营收规模更大
FOSL
是对方的1.5倍
$179.7M
营收增速更快
RKLB
高出56.8%
-21.1%
净利率更高
FOSL
高出14.6%
-29.5%
自由现金流更多
FOSL
多$91.7M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-11.4%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.2M | $179.7M |
| 净利润 | $-40.0M | $-52.9M |
| 毛利率 | 49.0% | 38.0% |
| 营业利润率 | -8.0% | -28.4% |
| 净利率 | -14.8% | -29.5% |
| 营收同比 | -21.1% | 35.7% |
| 净利润同比 | -257.8% | -1.1% |
| 每股收益（稀释后） | $-0.76 | $-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FOSLRKLB
| Q4 25 | $270.2M | $179.7M | ||
| Q3 25 | $220.4M | $155.1M | ||
| Q2 25 | $233.3M | $144.5M | ||
| Q1 25 | — | $122.6M | ||
| Q4 24 | $342.3M | $132.4M | ||
| Q3 24 | $287.8M | $104.8M | ||
| Q2 24 | $260.0M | $106.3M | ||
| Q1 24 | $254.9M | $92.8M |
净利润FOSLRKLB
| Q4 25 | $-40.0M | $-52.9M | ||
| Q3 25 | $-2.1M | $-18.3M | ||
| Q2 25 | $-17.9M | $-66.4M | ||
| Q1 25 | — | $-60.6M | ||
| Q4 24 | $-11.2M | $-52.3M | ||
| Q3 24 | $-31.9M | $-51.9M | ||
| Q2 24 | $-38.8M | $-41.6M | ||
| Q1 24 | $-24.3M | $-44.3M |
毛利率FOSLRKLB
| Q4 25 | 49.0% | 38.0% | ||
| Q3 25 | 57.5% | 37.0% | ||
| Q2 25 | 61.3% | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | 53.9% | 27.8% | ||
| Q3 24 | 49.4% | 26.7% | ||
| Q2 24 | 52.6% | 25.6% | ||
| Q1 24 | 52.4% | 26.1% |
营业利润率FOSLRKLB
| Q4 25 | -8.0% | -28.4% | ||
| Q3 25 | 3.9% | -38.0% | ||
| Q2 25 | -2.9% | -41.3% | ||
| Q1 25 | — | -48.3% | ||
| Q4 24 | -4.8% | -38.9% | ||
| Q3 24 | -8.5% | -49.5% | ||
| Q2 24 | -13.1% | -40.7% | ||
| Q1 24 | -11.5% | -46.4% |
净利率FOSLRKLB
| Q4 25 | -14.8% | -29.5% | ||
| Q3 25 | -1.0% | -11.8% | ||
| Q2 25 | -7.7% | -46.0% | ||
| Q1 25 | — | -49.5% | ||
| Q4 24 | -3.3% | -39.5% | ||
| Q3 24 | -11.1% | -49.6% | ||
| Q2 24 | -14.9% | -39.2% | ||
| Q1 24 | -9.5% | -47.7% |
每股收益（稀释后）FOSLRKLB
| Q4 25 | $-0.76 | $-0.09 | ||
| Q3 25 | $-0.04 | $-0.03 | ||
| Q2 25 | $-0.33 | $-0.13 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | $-0.15 | $-0.11 | ||
| Q3 24 | $-0.60 | $-0.10 | ||
| Q2 24 | $-0.73 | $-0.08 | ||
| Q1 24 | $-0.46 | $-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 | $79.2M | $1.0B |
| 总债务越低越好 | $169.1M | $152.4M |
| 股东权益账面价值 | $112.6M | $1.7B |
| 总资产 | $701.0M | $2.3B |
| 负债/权益比越低杠杆越低 | 1.50× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资FOSLRKLB
| Q4 25 | $79.2M | $1.0B | ||
| Q3 25 | $109.9M | $976.7M | ||
| Q2 25 | $78.3M | $688.1M | ||
| Q1 25 | — | $428.4M | ||
| Q4 24 | $123.6M | $419.0M | ||
| Q3 24 | $106.3M | $442.4M | ||
| Q2 24 | $104.9M | $496.8M | ||
| Q1 24 | $112.9M | $492.5M |
总债务FOSLRKLB
| Q4 25 | $169.1M | $152.4M | ||
| Q3 25 | $165.6M | $347.0M | ||
| Q2 25 | $167.2M | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $162.7M | $345.4M | ||
| Q3 24 | $173.4M | $61.2M | ||
| Q2 24 | $156.5M | $64.2M | ||
| Q1 24 | $202.9M | $66.8M |
股东权益FOSLRKLB
| Q4 25 | $112.6M | $1.7B | ||
| Q3 25 | $150.3M | $1.3B | ||
| Q2 25 | $140.6M | $688.5M | ||
| Q1 25 | — | $431.3M | ||
| Q4 24 | $148.7M | $382.5M | ||
| Q3 24 | $164.4M | $419.8M | ||
| Q2 24 | $189.6M | $455.2M | ||
| Q1 24 | $229.1M | $478.9M |
总资产FOSLRKLB
| Q4 25 | $701.0M | $2.3B | ||
| Q3 25 | $704.5M | $2.2B | ||
| Q2 25 | $686.0M | $1.6B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | $763.6M | $1.2B | ||
| Q3 24 | $812.4M | $1.2B | ||
| Q2 24 | $785.7M | $1.2B | ||
| Q1 24 | $891.0M | $1.2B |
负债/权益比FOSLRKLB
| Q4 25 | 1.50× | 0.09× | ||
| Q3 25 | 1.10× | 0.27× | ||
| Q2 25 | 1.19× | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 1.09× | 0.90× | ||
| Q3 24 | 1.06× | 0.15× | ||
| Q2 24 | 0.83× | 0.14× | ||
| Q1 24 | 0.89× | 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 | $-22.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-22.5M | $-114.2M |
| 自由现金流率自由现金流/营收 | -8.3% | -63.6% |
| 资本支出强度资本支出/营收 | 0.1% | 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 | $-46.0M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流FOSLRKLB
| Q4 25 | $-22.2M | $-64.5M | ||
| Q3 25 | $9.4M | $-23.5M | ||
| Q2 25 | $-60.4M | $-23.2M | ||
| Q1 25 | — | $-54.2M | ||
| Q4 24 | $30.5M | $-2.4M | ||
| Q3 24 | $-22.8M | $-30.9M | ||
| Q2 24 | $38.4M | $-13.0M | ||
| Q1 24 | $622.0K | $-2.6M |
自由现金流FOSLRKLB
| Q4 25 | $-22.5M | $-114.2M | ||
| Q3 25 | $8.6M | $-69.4M | ||
| Q2 25 | $-60.6M | $-55.3M | ||
| Q1 25 | — | $-82.9M | ||
| Q4 24 | $28.5M | $-23.9M | ||
| Q3 24 | $-24.1M | $-41.9M | ||
| Q2 24 | $36.6M | $-28.3M | ||
| Q1 24 | $-1.1M | $-21.8M |
自由现金流率FOSLRKLB
| Q4 25 | -8.3% | -63.6% | ||
| Q3 25 | 3.9% | -44.8% | ||
| Q2 25 | -26.0% | -38.3% | ||
| Q1 25 | — | -67.6% | ||
| Q4 24 | 8.3% | -18.1% | ||
| Q3 24 | -8.4% | -40.0% | ||
| Q2 24 | 14.1% | -26.7% | ||
| Q1 24 | -0.4% | -23.5% |
资本支出强度FOSLRKLB
| Q4 25 | 0.1% | 27.6% | ||
| Q3 25 | 0.4% | 29.6% | ||
| Q2 25 | 0.1% | 22.2% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | 0.6% | 16.3% | ||
| Q3 24 | 0.4% | 10.5% | ||
| Q2 24 | 0.7% | 14.4% | ||
| Q1 24 | 0.7% | 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
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
