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Hippo Holdings Inc.（HIPO）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Hippo Holdings Inc.的1.5倍（$179.7M vs $120.4M），Hippo Holdings Inc.净利率更高（5.0% vs -29.5%，领先34.4%），Rocket Lab Corp同比增速更快（35.7% vs 18.2%），Hippo Holdings Inc.自由现金流更多（$9.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 18.9%）
河马谷庄园是一座甘蔗种植园，坐落于津巴布韦东南部奇雷济区奇雷济镇附近，位于伦迪河沿岸，毗邻莫桑比克边境，是当地重要的蔗糖产业园区。
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。
HIPO vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.5倍
$120.4M
营收增速更快
RKLB
高出17.5%
18.2%
净利率更高
HIPO
高出34.4%
-29.5%
自由现金流更多
HIPO
多$123.3M
$-114.2M
两年增速更快
RKLB
近两年复合增速
18.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $120.4M | $179.7M |
| 净利润 | $6.0M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 5.6% | -28.4% |
| 净利率 | 5.0% | -29.5% |
| 营收同比 | 18.2% | 35.7% |
| 净利润同比 | -86.4% | -1.1% |
| 每股收益（稀释后） | $0.31 | $-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HIPORKLB
| Q4 25 | $120.4M | $179.7M | ||
| Q3 25 | $120.6M | $155.1M | ||
| Q2 25 | $117.3M | $144.5M | ||
| Q1 25 | $110.3M | $122.6M | ||
| Q4 24 | $101.9M | $132.4M | ||
| Q3 24 | $95.5M | $104.8M | ||
| Q2 24 | $89.6M | $106.3M | ||
| Q1 24 | $85.1M | $92.8M |
净利润HIPORKLB
| Q4 25 | $6.0M | $-52.9M | ||
| Q3 25 | $98.1M | $-18.3M | ||
| Q2 25 | $1.3M | $-66.4M | ||
| Q1 25 | $-47.7M | $-60.6M | ||
| Q4 24 | $44.2M | $-52.3M | ||
| Q3 24 | $-8.5M | $-51.9M | ||
| Q2 24 | $-40.5M | $-41.6M | ||
| Q1 24 | $-35.7M | $-44.3M |
毛利率HIPORKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率HIPORKLB
| Q4 25 | 5.6% | -28.4% | ||
| Q3 25 | 81.3% | -38.0% | ||
| Q2 25 | 3.4% | -41.3% | ||
| Q1 25 | -41.3% | -48.3% | ||
| Q4 24 | 46.3% | -38.9% | ||
| Q3 24 | -5.4% | -49.5% | ||
| Q2 24 | -40.7% | -40.7% | ||
| Q1 24 | -38.7% | -46.4% |
净利率HIPORKLB
| Q4 25 | 5.0% | -29.5% | ||
| Q3 25 | 81.3% | -11.8% | ||
| Q2 25 | 1.1% | -46.0% | ||
| Q1 25 | -43.2% | -49.5% | ||
| Q4 24 | 43.4% | -39.5% | ||
| Q3 24 | -8.9% | -49.6% | ||
| Q2 24 | -45.2% | -39.2% | ||
| Q1 24 | -42.0% | -47.7% |
每股收益（稀释后）HIPORKLB
| Q4 25 | $0.31 | $-0.09 | ||
| Q3 25 | $3.77 | $-0.03 | ||
| Q2 25 | $0.05 | $-0.13 | ||
| Q1 25 | $-1.91 | $-0.12 | ||
| Q4 24 | $1.81 | $-0.11 | ||
| Q3 24 | $-0.34 | $-0.10 | ||
| Q2 24 | $-1.64 | $-0.08 | ||
| Q1 24 | $-1.47 | $-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 | $218.3M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $436.1M | $1.7B |
| 总资产 | $1.9B | $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HIPORKLB
| Q4 25 | $218.3M | $1.0B | ||
| Q3 25 | $247.7M | $976.7M | ||
| Q2 25 | $198.9M | $688.1M | ||
| Q1 25 | $140.9M | $428.4M | ||
| Q4 24 | $197.6M | $419.0M | ||
| Q3 24 | $191.2M | $442.4M | ||
| Q2 24 | $175.9M | $496.8M | ||
| Q1 24 | $223.4M | $492.5M |
总债务HIPORKLB
| 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HIPORKLB
| Q4 25 | $436.1M | $1.7B | ||
| Q3 25 | $421.5M | $1.3B | ||
| Q2 25 | $332.5M | $688.5M | ||
| Q1 25 | $322.8M | $431.3M | ||
| Q4 24 | $362.1M | $382.5M | ||
| Q3 24 | $326.4M | $419.8M | ||
| Q2 24 | $322.6M | $455.2M | ||
| Q1 24 | $351.2M | $478.9M |
总资产HIPORKLB
| Q4 25 | $1.9B | $2.3B | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.5B | $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HIPORKLB
| 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 | $9.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $9.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | 7.6% | -63.6% |
| 资本支出强度资本支出/营收 | 0.1% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.53× | — |
| 过去12个月自由现金流最近4个季度 | $14.8M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流HIPORKLB
| Q4 25 | $9.2M | $-64.5M | ||
| Q3 25 | $16.9M | $-23.5M | ||
| Q2 25 | $24.7M | $-23.2M | ||
| Q1 25 | $-35.6M | $-54.2M | ||
| Q4 24 | $47.5M | $-2.4M | ||
| Q3 24 | $46.8M | $-30.9M | ||
| Q2 24 | $-10.6M | $-13.0M | ||
| Q1 24 | $17.7M | $-2.6M |
自由现金流HIPORKLB
| Q4 25 | $9.1M | $-114.2M | ||
| Q3 25 | $16.8M | $-69.4M | ||
| Q2 25 | $24.6M | $-55.3M | ||
| Q1 25 | $-35.7M | $-82.9M | ||
| Q4 24 | $47.2M | $-23.9M | ||
| Q3 24 | — | $-41.9M | ||
| Q2 24 | $-10.7M | $-28.3M | ||
| Q1 24 | $17.6M | $-21.8M |
自由现金流率HIPORKLB
| Q4 25 | 7.6% | -63.6% | ||
| Q3 25 | 13.9% | -44.8% | ||
| Q2 25 | 21.0% | -38.3% | ||
| Q1 25 | -32.4% | -67.6% | ||
| Q4 24 | 46.3% | -18.1% | ||
| Q3 24 | — | -40.0% | ||
| Q2 24 | -11.9% | -26.7% | ||
| Q1 24 | 20.7% | -23.5% |
资本支出强度HIPORKLB
| Q4 25 | 0.1% | 27.6% | ||
| Q3 25 | 0.1% | 29.6% | ||
| Q2 25 | 0.1% | 22.2% | ||
| Q1 25 | 0.1% | 23.4% | ||
| Q4 24 | 0.3% | 16.3% | ||
| Q3 24 | 0.0% | 10.5% | ||
| Q2 24 | 0.1% | 14.4% | ||
| Q1 24 | 0.1% | 20.7% |
现金转化率HIPORKLB
| Q4 25 | 1.53× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 19.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | — | — | ||
| 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
HIPO
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
