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Freshpet, Inc.（FRPT）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
Freshpet, Inc.的季度营收约是Rocket Lab Corp的1.6倍（$285.2M vs $179.7M），Freshpet, Inc.净利率更高（11.9% vs -29.5%，领先41.3%），Rocket Lab Corp同比增速更快（35.7% vs 8.6%），Freshpet, Inc.自由现金流更多（$2.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 12.9%）
Freshpet, Inc.是一家美国宠物食品企业，主打鲜制猫粮、狗粮产品，相关产品需冷藏保存，目前在纳斯达克上市，股票代码为FRPT。
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。
FRPT vs RKLB — 直观对比
营收规模更大
FRPT
是对方的1.6倍
$179.7M
营收增速更快
RKLB
高出27.1%
8.6%
净利率更高
FRPT
高出41.3%
-29.5%
自由现金流更多
FRPT
多$116.2M
$-114.2M
两年增速更快
RKLB
近两年复合增速
12.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $285.2M | $179.7M |
| 净利润 | $33.8M | $-52.9M |
| 毛利率 | 43.3% | 38.0% |
| 营业利润率 | 15.6% | -28.4% |
| 净利率 | 11.9% | -29.5% |
| 营收同比 | 8.6% | 35.7% |
| 净利润同比 | 86.6% | -1.1% |
| 每股收益（稀释后） | $0.71 | $-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FRPTRKLB
| Q4 25 | $285.2M | $179.7M | ||
| Q3 25 | $288.8M | $155.1M | ||
| Q2 25 | $264.7M | $144.5M | ||
| Q1 25 | $263.2M | $122.6M | ||
| Q4 24 | $262.7M | $132.4M | ||
| Q3 24 | $253.4M | $104.8M | ||
| Q2 24 | $235.3M | $106.3M | ||
| Q1 24 | $223.8M | $92.8M |
净利润FRPTRKLB
| Q4 25 | $33.8M | $-52.9M | ||
| Q3 25 | $101.7M | $-18.3M | ||
| Q2 25 | $16.4M | $-66.4M | ||
| Q1 25 | $-12.7M | $-60.6M | ||
| Q4 24 | $18.1M | $-52.3M | ||
| Q3 24 | $11.9M | $-51.9M | ||
| Q2 24 | $-1.7M | $-41.6M | ||
| Q1 24 | $18.6M | $-44.3M |
毛利率FRPTRKLB
| Q4 25 | 43.3% | 38.0% | ||
| Q3 25 | 39.5% | 37.0% | ||
| Q2 25 | 40.9% | 32.1% | ||
| Q1 25 | 39.4% | 28.8% | ||
| Q4 24 | 42.5% | 27.8% | ||
| Q3 24 | 40.4% | 26.7% | ||
| Q2 24 | 39.9% | 25.6% | ||
| Q1 24 | 39.4% | 26.1% |
营业利润率FRPTRKLB
| Q4 25 | 15.6% | -28.4% | ||
| Q3 25 | 8.6% | -38.0% | ||
| Q2 25 | 6.7% | -41.3% | ||
| Q1 25 | -4.4% | -48.3% | ||
| Q4 24 | 7.4% | -38.9% | ||
| Q3 24 | 4.7% | -49.5% | ||
| Q2 24 | -0.7% | -40.7% | ||
| Q1 24 | 3.8% | -46.4% |
净利率FRPTRKLB
| Q4 25 | 11.9% | -29.5% | ||
| Q3 25 | 35.2% | -11.8% | ||
| Q2 25 | 6.2% | -46.0% | ||
| Q1 25 | -4.8% | -49.5% | ||
| Q4 24 | 6.9% | -39.5% | ||
| Q3 24 | 4.7% | -49.6% | ||
| Q2 24 | -0.7% | -39.2% | ||
| Q1 24 | 8.3% | -47.7% |
每股收益（稀释后）FRPTRKLB
| Q4 25 | $0.71 | $-0.09 | ||
| Q3 25 | $1.86 | $-0.03 | ||
| Q2 25 | $0.33 | $-0.13 | ||
| Q1 25 | $-0.26 | $-0.12 | ||
| Q4 24 | $0.35 | $-0.11 | ||
| Q3 24 | $0.24 | $-0.10 | ||
| Q2 24 | $-0.03 | $-0.08 | ||
| Q1 24 | $0.37 | $-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 | $278.0M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $1.2B | $1.7B |
| 总资产 | $1.8B | $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FRPTRKLB
| Q4 25 | $278.0M | $1.0B | ||
| Q3 25 | $274.6M | $976.7M | ||
| Q2 25 | $243.7M | $688.1M | ||
| Q1 25 | $243.7M | $428.4M | ||
| Q4 24 | $268.6M | $419.0M | ||
| Q3 24 | $274.6M | $442.4M | ||
| Q2 24 | $251.7M | $496.8M | ||
| Q1 24 | $257.9M | $492.5M |
总债务FRPTRKLB
| 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 | ||
| Q1 24 | — | $66.8M |
股东权益FRPTRKLB
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.1B | $688.5M | ||
| Q1 25 | $1.0B | $431.3M | ||
| Q4 24 | $1.1B | $382.5M | ||
| Q3 24 | $1.0B | $419.8M | ||
| Q2 24 | $995.8M | $455.2M | ||
| Q1 24 | $977.8M | $478.9M |
总资产FRPTRKLB
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.6B | $1.6B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.6B | $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FRPTRKLB
| 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 | $55.1M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $2.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | 0.7% | -63.6% |
| 资本支出强度资本支出/营收 | 18.6% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.63× | — |
| 过去12个月自由现金流最近4个季度 | $12.4M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流FRPTRKLB
| Q4 25 | $55.1M | $-64.5M | ||
| Q3 25 | $66.8M | $-23.5M | ||
| Q2 25 | $33.9M | $-23.2M | ||
| Q1 25 | $4.8M | $-54.2M | ||
| Q4 24 | $50.4M | $-2.4M | ||
| Q3 24 | $56.1M | $-30.9M | ||
| Q2 24 | $42.4M | $-13.0M | ||
| Q1 24 | $5.4M | $-2.6M |
自由现金流FRPTRKLB
| Q4 25 | $2.1M | $-114.2M | ||
| Q3 25 | $31.6M | $-69.4M | ||
| Q2 25 | $445.0K | $-55.3M | ||
| Q1 25 | $-21.7M | $-82.9M | ||
| Q4 24 | $-7.9M | $-23.9M | ||
| Q3 24 | $22.1M | $-41.9M | ||
| Q2 24 | $-5.9M | $-28.3M | ||
| Q1 24 | $-41.1M | $-21.8M |
自由现金流率FRPTRKLB
| Q4 25 | 0.7% | -63.6% | ||
| Q3 25 | 10.9% | -44.8% | ||
| Q2 25 | 0.2% | -38.3% | ||
| Q1 25 | -8.2% | -67.6% | ||
| Q4 24 | -3.0% | -18.1% | ||
| Q3 24 | 8.7% | -40.0% | ||
| Q2 24 | -2.5% | -26.7% | ||
| Q1 24 | -18.3% | -23.5% |
资本支出强度FRPTRKLB
| Q4 25 | 18.6% | 27.6% | ||
| Q3 25 | 12.2% | 29.6% | ||
| Q2 25 | 12.6% | 22.2% | ||
| Q1 25 | 10.1% | 23.4% | ||
| Q4 24 | 22.2% | 16.3% | ||
| Q3 24 | 13.4% | 10.5% | ||
| Q2 24 | 20.5% | 14.4% | ||
| Q1 24 | 20.8% | 20.7% |
现金转化率FRPTRKLB
| Q4 25 | 1.63× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 2.07× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.78× | — | ||
| Q3 24 | 4.72× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.29× | — |
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
FRPT
| Sales Channel Grocery Mass International And Digital | $228.4M | 80% |
| Sales Channel Pet Specialty And Club | $56.8M | 20% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
