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Gitlab Inc.（GTLB）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
Gitlab Inc.的季度营收约是Rocket Lab Corp的1.4倍（$244.4M vs $179.7M），Gitlab Inc.净利率更高（-3.4% vs -29.5%，领先26.1%），Rocket Lab Corp同比增速更快（35.7% vs 24.6%），Gitlab Inc.自由现金流更多（$28.4M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 22.1%）
GitLab Inc.是一家美国企业，开发并运营同名开放核心架构DevOps软件平台，覆盖软件开发、安全防护、运维运营全流程。产品基于Git分布式版本控制技术搭建，还为各项目提供访问控制、缺陷追踪、需求管理、任务调度、项目知识库、代码片段分享等全栈协作功能。
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。
GTLB vs RKLB — 直观对比
营收规模更大
GTLB
是对方的1.4倍
$179.7M
营收增速更快
RKLB
高出11.1%
24.6%
净利率更高
GTLB
高出26.1%
-29.5%
自由现金流更多
GTLB
多$142.6M
$-114.2M
两年增速更快
RKLB
近两年复合增速
22.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $244.4M | $179.7M |
| 净利润 | $-8.3M | $-52.9M |
| 毛利率 | 86.8% | 38.0% |
| 营业利润率 | -5.1% | -28.4% |
| 净利率 | -3.4% | -29.5% |
| 营收同比 | 24.6% | 35.7% |
| 净利润同比 | -128.0% | -1.1% |
| 每股收益（稀释后） | $-0.05 | $-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GTLBRKLB
| Q4 25 | $244.4M | $179.7M | ||
| Q3 25 | $236.0M | $155.1M | ||
| Q2 25 | $214.5M | $144.5M | ||
| Q1 25 | $211.4M | $122.6M | ||
| Q4 24 | $196.0M | $132.4M | ||
| Q3 24 | $182.6M | $104.8M | ||
| Q2 24 | $169.2M | $106.3M | ||
| Q1 24 | $163.8M | $92.8M |
净利润GTLBRKLB
| Q4 25 | $-8.3M | $-52.9M | ||
| Q3 25 | $-9.2M | $-18.3M | ||
| Q2 25 | $-35.9M | $-66.4M | ||
| Q1 25 | $5.8M | $-60.6M | ||
| Q4 24 | $29.6M | $-52.3M | ||
| Q3 24 | $12.9M | $-51.9M | ||
| Q2 24 | $-54.6M | $-41.6M | ||
| Q1 24 | $-36.5M | $-44.3M |
毛利率GTLBRKLB
| Q4 25 | 86.8% | 38.0% | ||
| Q3 25 | 87.9% | 37.0% | ||
| Q2 25 | 88.3% | 32.1% | ||
| Q1 25 | 89.2% | 28.8% | ||
| Q4 24 | 88.7% | 27.8% | ||
| Q3 24 | 88.3% | 26.7% | ||
| Q2 24 | 88.9% | 25.6% | ||
| Q1 24 | 90.2% | 26.1% |
营业利润率GTLBRKLB
| Q4 25 | -5.1% | -28.4% | ||
| Q3 25 | -7.8% | -38.0% | ||
| Q2 25 | -16.1% | -41.3% | ||
| Q1 25 | -9.1% | -48.3% | ||
| Q4 24 | -14.7% | -38.9% | ||
| Q3 24 | -22.5% | -49.5% | ||
| Q2 24 | -31.7% | -40.7% | ||
| Q1 24 | -21.3% | -46.4% |
净利率GTLBRKLB
| Q4 25 | -3.4% | -29.5% | ||
| Q3 25 | -3.9% | -11.8% | ||
| Q2 25 | -16.7% | -46.0% | ||
| Q1 25 | 2.7% | -49.5% | ||
| Q4 24 | 15.1% | -39.5% | ||
| Q3 24 | 7.1% | -49.6% | ||
| Q2 24 | -32.3% | -39.2% | ||
| Q1 24 | -22.3% | -47.7% |
每股收益（稀释后）GTLBRKLB
| Q4 25 | $-0.05 | $-0.09 | ||
| Q3 25 | $-0.06 | $-0.03 | ||
| Q2 25 | $-0.22 | $-0.13 | ||
| Q1 25 | $0.05 | $-0.12 | ||
| Q4 24 | $0.18 | $-0.11 | ||
| Q3 24 | $0.08 | $-0.10 | ||
| Q2 24 | $-0.35 | $-0.08 | ||
| Q1 24 | $-0.23 | $-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 | $224.2M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $922.7M | $1.7B |
| 总资产 | $1.6B | $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GTLBRKLB
| Q4 25 | $224.2M | $1.0B | ||
| Q3 25 | $261.4M | $976.7M | ||
| Q2 25 | $255.7M | $688.1M | ||
| Q1 25 | $227.6M | $428.4M | ||
| Q4 24 | $176.6M | $419.0M | ||
| Q3 24 | $438.6M | $442.4M | ||
| Q2 24 | $420.3M | $496.8M | ||
| Q1 24 | $288.0M | $492.5M |
总债务GTLBRKLB
| 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GTLBRKLB
| Q4 25 | $922.7M | $1.7B | ||
| Q3 25 | $866.6M | $1.3B | ||
| Q2 25 | $808.3M | $688.5M | ||
| Q1 25 | $775.9M | $431.3M | ||
| Q4 24 | $724.7M | $382.5M | ||
| Q3 24 | $642.8M | $419.8M | ||
| Q2 24 | $567.8M | $455.2M | ||
| Q1 24 | $571.2M | $478.9M |
总资产GTLBRKLB
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $1.5B | $2.2B | ||
| Q2 25 | $1.4B | $1.6B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.3B | $1.2B |
负债/权益比GTLBRKLB
| 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 | $31.4M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $28.4M | $-114.2M |
| 自由现金流率自由现金流/营收 | 11.6% | -63.6% |
| 资本支出强度资本支出/营收 | 1.2% | 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 | $242.3M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流GTLBRKLB
| Q4 25 | $31.4M | $-64.5M | ||
| Q3 25 | $49.4M | $-23.5M | ||
| Q2 25 | $106.3M | $-23.2M | ||
| Q1 25 | $63.2M | $-54.2M | ||
| Q4 24 | $-177.0M | $-2.4M | ||
| Q3 24 | $11.7M | $-30.9M | ||
| Q2 24 | $38.1M | $-13.0M | ||
| Q1 24 | $24.9M | $-2.6M |
自由现金流GTLBRKLB
| Q4 25 | $28.4M | $-114.2M | ||
| Q3 25 | $46.5M | $-69.4M | ||
| Q2 25 | $105.4M | $-55.3M | ||
| Q1 25 | $62.1M | $-82.9M | ||
| Q4 24 | $-178.1M | $-23.9M | ||
| Q3 24 | $10.8M | $-41.9M | ||
| Q2 24 | $37.4M | $-28.3M | ||
| Q1 24 | $24.5M | $-21.8M |
自由现金流率GTLBRKLB
| Q4 25 | 11.6% | -63.6% | ||
| Q3 25 | 19.7% | -44.8% | ||
| Q2 25 | 49.1% | -38.3% | ||
| Q1 25 | 29.4% | -67.6% | ||
| Q4 24 | -90.8% | -18.1% | ||
| Q3 24 | 5.9% | -40.0% | ||
| Q2 24 | 22.1% | -26.7% | ||
| Q1 24 | 15.0% | -23.5% |
资本支出强度GTLBRKLB
| Q4 25 | 1.2% | 27.6% | ||
| Q3 25 | 1.2% | 29.6% | ||
| Q2 25 | 0.4% | 22.2% | ||
| Q1 25 | 0.5% | 23.4% | ||
| Q4 24 | 0.5% | 16.3% | ||
| Q3 24 | 0.5% | 10.5% | ||
| Q2 24 | 0.4% | 14.4% | ||
| Q1 24 | 0.2% | 20.7% |
现金转化率GTLBRKLB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 10.89× | — | ||
| Q4 24 | -5.99× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | — | — | ||
| 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
GTLB
| Subscription And Circulation | $146.4M | 60% |
| Subscription Software As A Service | $76.9M | 31% |
| License | $15.5M | 6% |
| Professional Services And Other | $5.6M | 2% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
