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HERITAGE COMMERCE CORP（HTBK）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是HERITAGE COMMERCE CORP的1.5倍（$81.3M vs $53.6M），HERITAGE COMMERCE CORP净利率更高（28.2% vs -72.8%，领先101.0%），Planet Labs PBC同比增速更快（32.6% vs 15.6%），HERITAGE COMMERCE CORP自由现金流更多（$61.3M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs 12.8%）
本文介绍的企业主体信息与内容描述不符，描述内容实际为美国商会，该商会成立于1912年4月23日，是美国规模最大的游说类商业协会 advocacy 团体，成立之初得益于时任总统威廉·霍华德·塔夫脱与劳工商务部长查尔斯·内格尔推动，旨在代表工商界发声。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
HTBK vs PL — 直观对比
营收规模更大
PL
是对方的1.5倍
$53.6M
营收增速更快
PL
高出17.0%
15.6%
净利率更高
HTBK
高出101.0%
-72.8%
自由现金流更多
HTBK
多$59.4M
$1.9M
两年增速更快
PL
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $53.6M | $81.3M |
| 净利润 | $15.1M | $-59.2M |
| 毛利率 | — | 57.3% |
| 营业利润率 | 41.0% | -22.6% |
| 净利率 | 28.2% | -72.8% |
| 营收同比 | 15.6% | 32.6% |
| 净利润同比 | 42.3% | -194.7% |
| 每股收益（稀释后） | $0.25 | $-0.19 |
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HTBKPL
| Q4 25 | $53.6M | $81.3M | ||
| Q3 25 | $50.0M | $73.4M | ||
| Q2 25 | $47.8M | $66.3M | ||
| Q1 25 | $46.1M | $61.6M | ||
| Q4 24 | $46.4M | $61.3M | ||
| Q3 24 | $42.2M | $61.1M | ||
| Q2 24 | $41.7M | $60.4M | ||
| Q1 24 | $42.1M | $58.9M |
净利润HTBKPL
| Q4 25 | $15.1M | $-59.2M | ||
| Q3 25 | $14.7M | $-22.6M | ||
| Q2 25 | $6.4M | $-12.6M | ||
| Q1 25 | $11.6M | $-35.2M | ||
| Q4 24 | $10.6M | $-20.1M | ||
| Q3 24 | $10.5M | $-38.7M | ||
| Q2 24 | $9.2M | $-29.3M | ||
| Q1 24 | $10.2M | $-30.1M |
毛利率HTBKPL
| Q4 25 | — | 57.3% | ||
| Q3 25 | — | 57.6% | ||
| Q2 25 | — | 55.2% | ||
| Q1 25 | — | 62.1% | ||
| Q4 24 | — | 61.2% | ||
| Q3 24 | — | 52.9% | ||
| Q2 24 | — | 52.4% | ||
| Q1 24 | — | 55.2% |
营业利润率HTBKPL
| Q4 25 | 41.0% | -22.6% | ||
| Q3 25 | 41.1% | -24.5% | ||
| Q2 25 | 18.7% | -34.4% | ||
| Q1 25 | 35.4% | -31.5% | ||
| Q4 24 | 31.8% | -36.9% | ||
| Q3 24 | 34.3% | -64.8% | ||
| Q2 24 | 31.3% | -57.2% | ||
| Q1 24 | 34.2% | -57.6% |
净利率HTBKPL
| Q4 25 | 28.2% | -72.8% | ||
| Q3 25 | 29.4% | -30.8% | ||
| Q2 25 | 13.4% | -19.1% | ||
| Q1 25 | 25.2% | -57.1% | ||
| Q4 24 | 22.9% | -32.8% | ||
| Q3 24 | 24.9% | -63.3% | ||
| Q2 24 | 22.1% | -48.5% | ||
| Q1 24 | 24.1% | -51.1% |
每股收益（稀释后）HTBKPL
| Q4 25 | $0.25 | $-0.19 | ||
| Q3 25 | $0.24 | $-0.07 | ||
| Q2 25 | $0.10 | $-0.04 | ||
| Q1 25 | $0.19 | $-0.12 | ||
| Q4 24 | $0.17 | $-0.07 | ||
| Q3 24 | $0.17 | $-0.13 | ||
| Q2 24 | $0.15 | $-0.10 | ||
| Q1 24 | $0.17 | $-0.10 |
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 | — | $443.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $708.6M | $349.6M |
| 总资产 | $5.8B | $1.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资HTBKPL
| Q4 25 | — | $443.3M | ||
| Q3 25 | — | $181.1M | ||
| Q2 25 | — | $133.5M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | — | $139.0M | ||
| Q3 24 | — | $148.3M | ||
| Q2 24 | — | $107.4M | ||
| Q1 24 | — | $83.9M |
股东权益HTBKPL
| Q4 25 | $708.6M | $349.6M | ||
| Q3 25 | $700.0M | $435.7M | ||
| Q2 25 | $694.7M | $444.8M | ||
| Q1 25 | $696.2M | $441.3M | ||
| Q4 24 | $689.7M | $464.6M | ||
| Q3 24 | $685.4M | $473.2M | ||
| Q2 24 | $679.2M | $500.3M | ||
| Q1 24 | $676.3M | $518.0M |
总资产HTBKPL
| Q4 25 | $5.8B | $1.1B | ||
| Q3 25 | $5.6B | $696.4M | ||
| Q2 25 | $5.5B | $658.4M | ||
| Q1 25 | $5.5B | $633.8M | ||
| Q4 24 | $5.6B | $630.8M | ||
| Q3 24 | $5.6B | $658.4M | ||
| Q2 24 | $5.3B | $674.6M | ||
| Q1 24 | $5.3B | $702.0M |
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 | $61.7M | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $61.3M | $1.9M |
| 自由现金流率自由现金流/营收 | 114.3% | 2.3% |
| 资本支出强度资本支出/营收 | 0.7% | 32.9% |
| 现金转化率经营现金流/净利润 | 4.08× | — |
| 过去12个月自由现金流最近4个季度 | — | $40.7M |
8季度趋势，按日历期对齐
经营现金流HTBKPL
| Q4 25 | $61.7M | $28.6M | ||
| Q3 25 | $18.9M | $67.8M | ||
| Q2 25 | $8.0M | $17.3M | ||
| Q1 25 | $14.8M | $-6.3M | ||
| Q4 24 | $39.0M | $4.1M | ||
| Q3 24 | $5.3M | $-7.9M | ||
| Q2 24 | $10.5M | $-4.3M | ||
| Q1 24 | $7.3M | $-6.8M |
自由现金流HTBKPL
| Q4 25 | $61.3M | $1.9M | ||
| Q3 25 | $18.8M | $47.5M | ||
| Q2 25 | — | $9.2M | ||
| Q1 25 | — | $-17.9M | ||
| Q4 24 | $37.3M | $-3.6M | ||
| Q3 24 | $4.9M | $-23.0M | ||
| Q2 24 | $9.9M | $-14.2M | ||
| Q1 24 | $6.9M | $-15.7M |
自由现金流率HTBKPL
| Q4 25 | 114.3% | 2.3% | ||
| Q3 25 | 37.7% | 64.7% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | — | -29.1% | ||
| Q4 24 | 80.5% | -5.8% | ||
| Q3 24 | 11.6% | -37.6% | ||
| Q2 24 | 23.6% | -23.6% | ||
| Q1 24 | 16.4% | -26.7% |
资本支出强度HTBKPL
| Q4 25 | 0.7% | 32.9% | ||
| Q3 25 | 0.1% | 27.6% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 18.9% | ||
| Q4 24 | 3.5% | 12.5% | ||
| Q3 24 | 1.0% | 24.8% | ||
| Q2 24 | 1.6% | 16.4% | ||
| Q1 24 | 1.0% | 15.1% |
现金转化率HTBKPL
| Q4 25 | 4.08× | — | ||
| Q3 25 | 1.28× | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 0.50× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 0.72× | — |
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
HTBK
暂无分部数据
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
