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JFrog Ltd（FROG）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JFrog Ltd的1.4倍（$200.3M vs $145.3M），JFrog Ltd净利率更高（-10.5% vs -22.5%，领先12.0%），Rocket Lab Corp同比增速更快（63.5% vs 25.2%），过去两年Rocket Lab Corp的营收复合增速更高（37.3% vs 20.4%）
JFrog Ltd是全球知名的DevOps技术服务商，面向科技、金融、零售、制造等多个行业客户，提供全链路软件发布、制品管理与安全解决方案，助力企业简化云、本地及混合部署环境下的应用开发与交付流程。
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。
FROG vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.4倍
$145.3M
营收增速更快
RKLB
高出38.3%
25.2%
净利率更高
FROG
高出12.0%
-22.5%
两年增速更快
RKLB
近两年复合增速
20.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $145.3M | $200.3M |
| 净利润 | $-15.2M | $-45.0M |
| 毛利率 | 77.9% | 38.2% |
| 营业利润率 | -14.7% | 33.9% |
| 净利率 | -10.5% | -22.5% |
| 营收同比 | 25.2% | 63.5% |
| 净利润同比 | 34.4% | — |
| 每股收益（稀释后） | $-0.13 | — |
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FROGRKLB
| Q1 26 | — | $200.3M | ||
| Q4 25 | $145.3M | $179.7M | ||
| Q3 25 | $136.9M | $155.1M | ||
| Q2 25 | $127.2M | $144.5M | ||
| Q1 25 | $122.4M | $122.6M | ||
| Q4 24 | $116.1M | $132.4M | ||
| Q3 24 | $109.1M | $104.8M | ||
| Q2 24 | $103.0M | $106.3M |
净利润FROGRKLB
| Q1 26 | — | $-45.0M | ||
| Q4 25 | $-15.2M | $-52.9M | ||
| Q3 25 | $-16.4M | $-18.3M | ||
| Q2 25 | $-21.7M | $-66.4M | ||
| Q1 25 | $-18.5M | $-60.6M | ||
| Q4 24 | $-23.2M | $-52.3M | ||
| Q3 24 | $-22.9M | $-51.9M | ||
| Q2 24 | $-14.3M | $-41.6M |
毛利率FROGRKLB
| Q1 26 | — | 38.2% | ||
| Q4 25 | 77.9% | 38.0% | ||
| Q3 25 | 77.4% | 37.0% | ||
| Q2 25 | 76.3% | 32.1% | ||
| Q1 25 | 75.3% | 28.8% | ||
| Q4 24 | 75.4% | 27.8% | ||
| Q3 24 | 75.0% | 26.7% | ||
| Q2 24 | 78.8% | 25.6% |
营业利润率FROGRKLB
| Q1 26 | — | 33.9% | ||
| Q4 25 | -14.7% | -28.4% | ||
| Q3 25 | -15.8% | -38.0% | ||
| Q2 25 | -20.4% | -41.3% | ||
| Q1 25 | -18.8% | -48.3% | ||
| Q4 24 | -21.9% | -38.9% | ||
| Q3 24 | -27.4% | -49.5% | ||
| Q2 24 | -18.6% | -40.7% |
净利率FROGRKLB
| Q1 26 | — | -22.5% | ||
| Q4 25 | -10.5% | -29.5% | ||
| Q3 25 | -12.0% | -11.8% | ||
| Q2 25 | -17.0% | -46.0% | ||
| Q1 25 | -15.1% | -49.5% | ||
| Q4 24 | -20.0% | -39.5% | ||
| Q3 24 | -21.0% | -49.6% | ||
| Q2 24 | -13.9% | -39.2% |
每股收益（稀释后）FROGRKLB
| Q1 26 | — | — | ||
| Q4 25 | $-0.13 | $-0.09 | ||
| Q3 25 | $-0.14 | $-0.03 | ||
| Q2 25 | $-0.19 | $-0.13 | ||
| Q1 25 | $-0.16 | $-0.12 | ||
| Q4 24 | $-0.21 | $-0.11 | ||
| Q3 24 | $-0.21 | $-0.10 | ||
| Q2 24 | $-0.13 | $-0.08 |
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 | $704.4M | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $887.4M | $2.3B |
| 总资产 | $1.3B | $2.8B |
| 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FROGRKLB
| Q1 26 | — | $1.2B | ||
| Q4 25 | $704.4M | $1.0B | ||
| Q3 25 | $651.1M | $976.7M | ||
| Q2 25 | $611.7M | $688.1M | ||
| Q1 25 | $563.5M | $428.4M | ||
| Q4 24 | $522.0M | $419.0M | ||
| Q3 24 | $467.8M | $442.4M | ||
| Q2 24 | $591.3M | $496.8M |
总债务FROGRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M |
股东权益FROGRKLB
| Q1 26 | — | $2.3B | ||
| Q4 25 | $887.4M | $1.7B | ||
| Q3 25 | $859.4M | $1.3B | ||
| Q2 25 | $826.5M | $688.5M | ||
| Q1 25 | $800.0M | $431.3M | ||
| Q4 24 | $773.5M | $382.5M | ||
| Q3 24 | $756.2M | $419.8M | ||
| Q2 24 | $721.4M | $455.2M |
总资产FROGRKLB
| Q1 26 | — | $2.8B | ||
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $1.3B | $2.2B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.0B | $1.2B |
负债/权益比FROGRKLB
| Q1 26 | — | — | ||
| 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× |
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 | $50.7M | $-50.3M |
| 自由现金流经营现金流 - 资本支出 | $49.9M | — |
| 自由现金流率自由现金流/营收 | 34.3% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 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 | $142.3M | — |
8季度趋势，按日历期对齐
经营现金流FROGRKLB
| Q1 26 | — | $-50.3M | ||
| Q4 25 | $50.7M | $-64.5M | ||
| Q3 25 | $30.2M | $-23.5M | ||
| Q2 25 | $36.1M | $-23.2M | ||
| Q1 25 | $28.8M | $-54.2M | ||
| Q4 24 | $49.1M | $-2.4M | ||
| Q3 24 | $27.6M | $-30.9M | ||
| Q2 24 | $16.7M | $-13.0M |
自由现金流FROGRKLB
| Q1 26 | — | — | ||
| Q4 25 | $49.9M | $-114.2M | ||
| Q3 25 | $28.8M | $-69.4M | ||
| Q2 25 | $35.5M | $-55.3M | ||
| Q1 25 | $28.1M | $-82.9M | ||
| Q4 24 | $48.5M | $-23.9M | ||
| Q3 24 | $26.7M | $-41.9M | ||
| Q2 24 | $16.0M | $-28.3M |
自由现金流率FROGRKLB
| Q1 26 | — | — | ||
| Q4 25 | 34.3% | -63.6% | ||
| Q3 25 | 21.0% | -44.8% | ||
| Q2 25 | 27.9% | -38.3% | ||
| Q1 25 | 23.0% | -67.6% | ||
| Q4 24 | 41.8% | -18.1% | ||
| Q3 24 | 24.5% | -40.0% | ||
| Q2 24 | 15.5% | -26.7% |
资本支出强度FROGRKLB
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 27.6% | ||
| Q3 25 | 1.0% | 29.6% | ||
| Q2 25 | 0.5% | 22.2% | ||
| Q1 25 | 0.5% | 23.4% | ||
| Q4 24 | 0.5% | 16.3% | ||
| Q3 24 | 0.9% | 10.5% | ||
| Q2 24 | 0.7% | 14.4% |
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
FROG
暂无分部数据
RKLB
| Product revenues | $127.5M | 64% |
| Service revenues | $72.9M | 36% |
