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Guidewire Software, Inc.（GWRE）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
Guidewire Software, Inc.的季度营收约是Rocket Lab Corp的1.9倍（$332.6M vs $179.7M），Guidewire Software, Inc.净利率更高（9.4% vs -29.5%，领先38.9%），Rocket Lab Corp同比增速更快（35.7% vs 26.5%），Guidewire Software, Inc.自由现金流更多（$-72.3M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 17.5%）
Guidewire Software是总部位于美国加利福尼亚州圣马特奥的软件企业，面向美国及全球的财产与意外伤害保险经营机构提供专业行业平台，支持险企优化业务流程、推进数字化升级，满足保险行业的各类专业化运营需求。
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。
GWRE vs RKLB — 直观对比
营收规模更大
GWRE
是对方的1.9倍
$179.7M
营收增速更快
RKLB
高出9.2%
26.5%
净利率更高
GWRE
高出38.9%
-29.5%
自由现金流更多
GWRE
多$41.9M
$-114.2M
两年增速更快
RKLB
近两年复合增速
17.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $332.6M | $179.7M |
| 净利润 | $31.3M | $-52.9M |
| 毛利率 | 63.0% | 38.0% |
| 营业利润率 | 5.6% | -28.4% |
| 净利率 | 9.4% | -29.5% |
| 营收同比 | 26.5% | 35.7% |
| 净利润同比 | 242.6% | -1.1% |
| 每股收益（稀释后） | $0.36 | $-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GWRERKLB
| Q4 25 | $332.6M | $179.7M | ||
| Q3 25 | $356.6M | $155.1M | ||
| Q2 25 | $293.5M | $144.5M | ||
| Q1 25 | $289.5M | $122.6M | ||
| Q4 24 | $262.9M | $132.4M | ||
| Q3 24 | $291.5M | $104.8M | ||
| Q2 24 | $240.7M | $106.3M | ||
| Q1 24 | $240.9M | $92.8M |
净利润GWRERKLB
| Q4 25 | $31.3M | $-52.9M | ||
| Q3 25 | $52.0M | $-18.3M | ||
| Q2 25 | $46.0M | $-66.4M | ||
| Q1 25 | $-37.3M | $-60.6M | ||
| Q4 24 | $9.1M | $-52.3M | ||
| Q3 24 | $16.8M | $-51.9M | ||
| Q2 24 | $-5.5M | $-41.6M | ||
| Q1 24 | $9.7M | $-44.3M |
毛利率GWRERKLB
| Q4 25 | 63.0% | 38.0% | ||
| Q3 25 | 65.0% | 37.0% | ||
| Q2 25 | 62.2% | 32.1% | ||
| Q1 25 | 61.9% | 28.8% | ||
| Q4 24 | 60.2% | 27.8% | ||
| Q3 24 | 64.0% | 26.7% | ||
| Q2 24 | 59.1% | 25.6% | ||
| Q1 24 | 59.1% | 26.1% |
营业利润率GWRERKLB
| Q4 25 | 5.6% | -28.4% | ||
| Q3 25 | 8.3% | -38.0% | ||
| Q2 25 | 1.5% | -41.3% | ||
| Q1 25 | 4.0% | -48.3% | ||
| Q4 24 | -1.8% | -38.9% | ||
| Q3 24 | 3.5% | -49.5% | ||
| Q2 24 | -6.9% | -40.7% | ||
| Q1 24 | -5.2% | -46.4% |
净利率GWRERKLB
| Q4 25 | 9.4% | -29.5% | ||
| Q3 25 | 14.6% | -11.8% | ||
| Q2 25 | 15.7% | -46.0% | ||
| Q1 25 | -12.9% | -49.5% | ||
| Q4 24 | 3.5% | -39.5% | ||
| Q3 24 | 5.7% | -49.6% | ||
| Q2 24 | -2.3% | -39.2% | ||
| Q1 24 | 4.0% | -47.7% |
每股收益（稀释后）GWRERKLB
| Q4 25 | $0.36 | $-0.09 | ||
| Q3 25 | $0.61 | $-0.03 | ||
| Q2 25 | $0.54 | $-0.13 | ||
| Q1 25 | $-0.45 | $-0.12 | ||
| Q4 24 | $0.11 | $-0.11 | ||
| Q3 24 | $0.21 | $-0.10 | ||
| Q2 24 | $-0.07 | $-0.08 | ||
| Q1 24 | $0.12 | $-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 | $1.0B | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $1.5B | $1.7B |
| 总资产 | $2.6B | $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GWRERKLB
| Q4 25 | $1.0B | $1.0B | ||
| Q3 25 | $1.1B | $976.7M | ||
| Q2 25 | $920.4M | $688.1M | ||
| Q1 25 | $1.2B | $428.4M | ||
| Q4 24 | $1.3B | $419.0M | ||
| Q3 24 | $1.0B | $442.4M | ||
| Q2 24 | $782.3M | $496.8M | ||
| Q1 24 | $777.6M | $492.5M |
总债务GWRERKLB
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | $398.9M | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益GWRERKLB
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.4B | $688.5M | ||
| Q1 25 | $1.3B | $431.3M | ||
| Q4 24 | $1.3B | $382.5M | ||
| Q3 24 | $1.3B | $419.8M | ||
| Q2 24 | $1.3B | $455.2M | ||
| Q1 24 | $1.3B | $478.9M |
总资产GWRERKLB
| Q4 25 | $2.6B | $2.3B | ||
| Q3 25 | $2.7B | $2.2B | ||
| Q2 25 | $2.5B | $1.6B | ||
| Q1 25 | $2.5B | $1.3B | ||
| Q4 24 | $2.6B | $1.2B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
负债/权益比GWRERKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | 0.30× | 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 | $-67.4M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-72.3M | $-114.2M |
| 自由现金流率自由现金流/营收 | -21.7% | -63.6% |
| 资本支出强度资本支出/营收 | 1.5% | 27.6% |
| 现金转化率经营现金流/净利润 | -2.15× | — |
| 过去12个月自由现金流最近4个季度 | $286.0M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流GWRERKLB
| Q4 25 | $-67.4M | $-64.5M | ||
| Q3 25 | $244.8M | $-23.5M | ||
| Q2 25 | $32.4M | $-23.2M | ||
| Q1 25 | $86.0M | $-54.2M | ||
| Q4 24 | $-62.3M | $-2.4M | ||
| Q3 24 | $193.8M | $-30.9M | ||
| Q2 24 | $4.8M | $-13.0M | ||
| Q1 24 | $69.3M | $-2.6M |
自由现金流GWRERKLB
| Q4 25 | $-72.3M | $-114.2M | ||
| Q3 25 | $241.4M | $-69.4M | ||
| Q2 25 | $31.6M | $-55.3M | ||
| Q1 25 | $85.2M | $-82.9M | ||
| Q4 24 | $-63.1M | $-23.9M | ||
| Q3 24 | $192.1M | $-41.9M | ||
| Q2 24 | $4.1M | $-28.3M | ||
| Q1 24 | $66.3M | $-21.8M |
自由现金流率GWRERKLB
| Q4 25 | -21.7% | -63.6% | ||
| Q3 25 | 67.7% | -44.8% | ||
| Q2 25 | 10.8% | -38.3% | ||
| Q1 25 | 29.4% | -67.6% | ||
| Q4 24 | -24.0% | -18.1% | ||
| Q3 24 | 65.9% | -40.0% | ||
| Q2 24 | 1.7% | -26.7% | ||
| Q1 24 | 27.5% | -23.5% |
资本支出强度GWRERKLB
| Q4 25 | 1.5% | 27.6% | ||
| Q3 25 | 1.0% | 29.6% | ||
| Q2 25 | 0.2% | 22.2% | ||
| Q1 25 | 0.3% | 23.4% | ||
| Q4 24 | 0.3% | 16.3% | ||
| Q3 24 | 0.6% | 10.5% | ||
| Q2 24 | 0.3% | 14.4% | ||
| Q1 24 | 1.2% | 20.7% |
现金转化率GWRERKLB
| Q4 25 | -2.15× | — | ||
| Q3 25 | 4.71× | — | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -6.82× | — | ||
| Q3 24 | 11.56× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 7.15× | — |
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
GWRE
| Subscription | $222.7M | 67% |
| Services | $62.4M | 19% |
| Other | $33.1M | 10% |
| Support | $14.5M | 4% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
