vs
null（GPRO）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
null的季度营收约是Rocket Lab Corp的1.1倍（$201.7M vs $179.7M），Rocket Lab Corp同比增速更快（35.7% vs 0.4%），null自由现金流更多（$15.0M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 13.9%）
GoPro, Inc.是2002年由尼克·伍德曼创立的美国科技企业，最初注册名为伍德曼实验室，总部坐落于加利福尼亚州圣马特奥。该公司主营运动相机生产制造，同时还自主开发配套移动端应用与视频编辑软件。
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。
GPRO vs RKLB — 直观对比
营收规模更大
GPRO
是对方的1.1倍
$179.7M
营收增速更快
RKLB
高出35.3%
0.4%
自由现金流更多
GPRO
多$129.1M
$-114.2M
两年增速更快
RKLB
近两年复合增速
13.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $201.7M | $179.7M |
| 净利润 | — | $-52.9M |
| 毛利率 | 31.8% | 38.0% |
| 营业利润率 | -4.1% | -28.4% |
| 净利率 | — | -29.5% |
| 营收同比 | 0.4% | 35.7% |
| 净利润同比 | — | -1.1% |
| 每股收益（稀释后） | $-0.06 | $-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GPRORKLB
| Q4 25 | $201.7M | $179.7M | ||
| Q3 25 | $162.9M | $155.1M | ||
| Q2 25 | $152.6M | $144.5M | ||
| Q1 25 | $134.3M | $122.6M | ||
| Q4 24 | $200.9M | $132.4M | ||
| Q3 24 | $258.9M | $104.8M | ||
| Q2 24 | $186.2M | $106.3M | ||
| Q1 24 | $155.5M | $92.8M |
净利润GPRORKLB
| Q4 25 | — | $-52.9M | ||
| Q3 25 | $-21.3M | $-18.3M | ||
| Q2 25 | $-16.4M | $-66.4M | ||
| Q1 25 | $-46.7M | $-60.6M | ||
| Q4 24 | — | $-52.3M | ||
| Q3 24 | $-8.2M | $-51.9M | ||
| Q2 24 | $-47.8M | $-41.6M | ||
| Q1 24 | $-339.1M | $-44.3M |
毛利率GPRORKLB
| Q4 25 | 31.8% | 38.0% | ||
| Q3 25 | 35.1% | 37.0% | ||
| Q2 25 | 35.8% | 32.1% | ||
| Q1 25 | 32.1% | 28.8% | ||
| Q4 24 | 34.7% | 27.8% | ||
| Q3 24 | 35.5% | 26.7% | ||
| Q2 24 | 30.5% | 25.6% | ||
| Q1 24 | 34.1% | 26.1% |
营业利润率GPRORKLB
| Q4 25 | -4.1% | -28.4% | ||
| Q3 25 | -9.8% | -38.0% | ||
| Q2 25 | -9.2% | -41.3% | ||
| Q1 25 | -33.7% | -48.3% | ||
| Q4 24 | -19.5% | -38.9% | ||
| Q3 24 | -3.1% | -49.5% | ||
| Q2 24 | -25.0% | -40.7% | ||
| Q1 24 | -26.6% | -46.4% |
净利率GPRORKLB
| Q4 25 | — | -29.5% | ||
| Q3 25 | -13.0% | -11.8% | ||
| Q2 25 | -10.8% | -46.0% | ||
| Q1 25 | -34.8% | -49.5% | ||
| Q4 24 | — | -39.5% | ||
| Q3 24 | -3.2% | -49.6% | ||
| Q2 24 | -25.7% | -39.2% | ||
| Q1 24 | -218.1% | -47.7% |
每股收益（稀释后）GPRORKLB
| Q4 25 | $-0.06 | $-0.09 | ||
| Q3 25 | $-0.13 | $-0.03 | ||
| Q2 25 | $-0.10 | $-0.13 | ||
| Q1 25 | $-0.30 | $-0.12 | ||
| Q4 24 | $-0.22 | $-0.11 | ||
| Q3 24 | $-0.05 | $-0.10 | ||
| Q2 24 | $-0.31 | $-0.08 | ||
| Q1 24 | $-2.24 | $-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 | $49.7M | $1.0B |
| 总债务越低越好 | $44.3M | $152.4M |
| 股东权益账面价值 | $76.5M | $1.7B |
| 总资产 | $428.0M | $2.3B |
| 负债/权益比越低杠杆越低 | 0.58× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资GPRORKLB
| Q4 25 | $49.7M | $1.0B | ||
| Q3 25 | $152.8M | $976.7M | ||
| Q2 25 | $58.6M | $688.1M | ||
| Q1 25 | $69.6M | $428.4M | ||
| Q4 24 | $102.8M | $419.0M | ||
| Q3 24 | $130.2M | $442.4M | ||
| Q2 24 | $133.0M | $496.8M | ||
| Q1 24 | $133.7M | $492.5M |
总债务GPRORKLB
| Q4 25 | $44.3M | $152.4M | ||
| Q3 25 | $43.9M | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $0 | $345.4M | ||
| Q3 24 | $93.1M | $61.2M | ||
| Q2 24 | $92.9M | $64.2M | ||
| Q1 24 | $92.7M | $66.8M |
股东权益GPRORKLB
| Q4 25 | $76.5M | $1.7B | ||
| Q3 25 | $80.5M | $1.3B | ||
| Q2 25 | $97.9M | $688.5M | ||
| Q1 25 | $110.0M | $431.3M | ||
| Q4 24 | $151.7M | $382.5M | ||
| Q3 24 | $183.9M | $419.8M | ||
| Q2 24 | $184.7M | $455.2M | ||
| Q1 24 | $224.9M | $478.9M |
总资产GPRORKLB
| Q4 25 | $428.0M | $2.3B | ||
| Q3 25 | $538.6M | $2.2B | ||
| Q2 25 | $439.0M | $1.6B | ||
| Q1 25 | $462.5M | $1.3B | ||
| Q4 24 | $543.7M | $1.2B | ||
| Q3 24 | $661.6M | $1.2B | ||
| Q2 24 | $556.8M | $1.2B | ||
| Q1 24 | $575.8M | $1.2B |
负债/权益比GPRORKLB
| Q4 25 | 0.58× | 0.09× | ||
| Q3 25 | 0.55× | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 0.00× | 0.90× | ||
| Q3 24 | 0.51× | 0.15× | ||
| Q2 24 | 0.50× | 0.14× | ||
| Q1 24 | 0.41× | 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 | $15.6M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $15.0M | $-114.2M |
| 自由现金流率自由现金流/营收 | 7.4% | -63.6% |
| 资本支出强度资本支出/营收 | 0.3% | 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 | $-24.0M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流GPRORKLB
| Q4 25 | $15.6M | $-64.5M | ||
| Q3 25 | $12.2M | $-23.5M | ||
| Q2 25 | $8.8M | $-23.2M | ||
| Q1 25 | $-57.2M | $-54.2M | ||
| Q4 24 | $-25.1M | $-2.4M | ||
| Q3 24 | $-2.2M | $-30.9M | ||
| Q2 24 | $605.0K | $-13.0M | ||
| Q1 24 | $-98.4M | $-2.6M |
自由现金流GPRORKLB
| Q4 25 | $15.0M | $-114.2M | ||
| Q3 25 | $11.2M | $-69.4M | ||
| Q2 25 | $8.3M | $-55.3M | ||
| Q1 25 | $-58.5M | $-82.9M | ||
| Q4 24 | $-25.5M | $-23.9M | ||
| Q3 24 | $-4.2M | $-41.9M | ||
| Q2 24 | $-111.0K | $-28.3M | ||
| Q1 24 | $-99.4M | $-21.8M |
自由现金流率GPRORKLB
| Q4 25 | 7.4% | -63.6% | ||
| Q3 25 | 6.9% | -44.8% | ||
| Q2 25 | 5.4% | -38.3% | ||
| Q1 25 | -43.5% | -67.6% | ||
| Q4 24 | -12.7% | -18.1% | ||
| Q3 24 | -1.6% | -40.0% | ||
| Q2 24 | -0.1% | -26.7% | ||
| Q1 24 | -63.9% | -23.5% |
资本支出强度GPRORKLB
| Q4 25 | 0.3% | 27.6% | ||
| Q3 25 | 0.6% | 29.6% | ||
| Q2 25 | 0.3% | 22.2% | ||
| Q1 25 | 1.0% | 23.4% | ||
| Q4 24 | 0.2% | 16.3% | ||
| Q3 24 | 0.8% | 10.5% | ||
| Q2 24 | 0.4% | 14.4% | ||
| Q1 24 | 0.6% | 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
GPRO
| Subscription And Services | $106.3M | 53% |
| Other | $95.4M | 47% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
