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KLX Energy Services Holdings, Inc.（KLXE）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KLX Energy Services Holdings, Inc.的1.1倍（$179.7M vs $156.9M），KLX Energy Services Holdings, Inc.净利率更高（-9.6% vs -29.5%，领先19.9%），Rocket Lab Corp同比增速更快（35.7% vs -5.2%），KLX Energy Services Holdings, Inc.自由现金流更多（$3.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -5.2%）
KLX能源服务控股有限公司是面向上游油气行业的关键油田服务提供商，主要在北美陆上核心油气产区运营，核心业务涵盖钻井支持、完井、生产干预及专业井场技术服务，助力客户提升运营效率、降低项目成本。
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。
KLXE vs RKLB — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $156.9M | $179.7M |
| 净利润 | $-15.0M | $-52.9M |
| 毛利率 | 22.5% | 38.0% |
| 营业利润率 | -0.6% | -28.4% |
| 净利率 | -9.6% | -29.5% |
| 营收同比 | -5.2% | 35.7% |
| 净利润同比 | -2.7% | -1.1% |
| 每股收益（稀释后） | $-0.72 | $-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
| Q4 25 | $156.9M | $179.7M | ||
| Q3 25 | $166.7M | $155.1M | ||
| Q2 25 | $159.0M | $144.5M | ||
| Q1 25 | $154.0M | $122.6M | ||
| Q4 24 | $165.5M | $132.4M | ||
| Q3 24 | $188.9M | $104.8M | ||
| Q2 24 | $180.2M | $106.3M | ||
| Q1 24 | $174.7M | $92.8M |
| Q4 25 | $-15.0M | $-52.9M | ||
| Q3 25 | $-14.3M | $-18.3M | ||
| Q2 25 | $-19.9M | $-66.4M | ||
| Q1 25 | $-27.9M | $-60.6M | ||
| Q4 24 | $-14.6M | $-52.3M | ||
| Q3 24 | $-8.2M | $-51.9M | ||
| Q2 24 | $-8.0M | $-41.6M | ||
| Q1 24 | $-22.2M | $-44.3M |
| Q4 25 | 22.5% | 38.0% | ||
| Q3 25 | 21.7% | 37.0% | ||
| Q2 25 | 21.0% | 32.1% | ||
| Q1 25 | 19.6% | 28.8% | ||
| Q4 24 | 23.0% | 27.8% | ||
| Q3 24 | 24.7% | 26.7% | ||
| Q2 24 | 24.5% | 25.6% | ||
| Q1 24 | 17.6% | 26.1% |
| Q4 25 | -0.6% | -28.4% | ||
| Q3 25 | -1.8% | -38.0% | ||
| Q2 25 | -5.5% | -41.3% | ||
| Q1 25 | -11.5% | -48.3% | ||
| Q4 24 | -3.0% | -38.9% | ||
| Q3 24 | 0.6% | -49.5% | ||
| Q2 24 | 0.8% | -40.7% | ||
| Q1 24 | -7.5% | -46.4% |
| Q4 25 | -9.6% | -29.5% | ||
| Q3 25 | -8.6% | -11.8% | ||
| Q2 25 | -12.5% | -46.0% | ||
| Q1 25 | -18.1% | -49.5% | ||
| Q4 24 | -8.8% | -39.5% | ||
| Q3 24 | -4.3% | -49.6% | ||
| Q2 24 | -4.4% | -39.2% | ||
| Q1 24 | -12.7% | -47.7% |
| Q4 25 | $-0.72 | $-0.09 | ||
| Q3 25 | $-0.74 | $-0.03 | ||
| Q2 25 | $-1.04 | $-0.13 | ||
| Q1 25 | $-1.62 | $-0.12 | ||
| Q4 24 | $-0.89 | $-0.11 | ||
| Q3 24 | $-0.51 | $-0.10 | ||
| Q2 24 | $-0.49 | $-0.08 | ||
| Q1 24 | $-1.38 | $-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 | $5.7M | $1.0B |
| 总债务越低越好 | $258.3M | $152.4M |
| 股东权益账面价值 | $-74.2M | $1.7B |
| 总资产 | $340.3M | $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
| Q4 25 | $5.7M | $1.0B | ||
| Q3 25 | $8.3M | $976.7M | ||
| Q2 25 | $16.7M | $688.1M | ||
| Q1 25 | $14.6M | $428.4M | ||
| Q4 24 | $91.6M | $419.0M | ||
| Q3 24 | $82.7M | $442.4M | ||
| Q2 24 | $86.9M | $496.8M | ||
| Q1 24 | $84.9M | $492.5M |
| Q4 25 | $258.3M | $152.4M | ||
| Q3 25 | $259.2M | $347.0M | ||
| Q2 25 | $258.7M | $346.5M | ||
| Q1 25 | $261.0M | $345.9M | ||
| Q4 24 | $285.1M | $345.4M | ||
| Q3 24 | $285.2M | $61.2M | ||
| Q2 24 | $284.9M | $64.2M | ||
| Q1 24 | $284.6M | $66.8M |
| Q4 25 | $-74.2M | $1.7B | ||
| Q3 25 | $-61.2M | $1.3B | ||
| Q2 25 | $-47.2M | $688.5M | ||
| Q1 25 | $-26.6M | $431.3M | ||
| Q4 24 | $-10.5M | $382.5M | ||
| Q3 24 | $2.5M | $419.8M | ||
| Q2 24 | $9.8M | $455.2M | ||
| Q1 24 | $16.9M | $478.9M |
| Q4 25 | $340.3M | $2.3B | ||
| Q3 25 | $358.2M | $2.2B | ||
| Q2 25 | $369.5M | $1.6B | ||
| Q1 25 | $379.1M | $1.3B | ||
| Q4 24 | $456.3M | $1.2B | ||
| Q3 24 | $486.8M | $1.2B | ||
| Q2 24 | $491.2M | $1.2B | ||
| Q1 24 | $497.5M | $1.2B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | 114.08× | 0.15× | ||
| Q2 24 | 29.07× | 0.14× | ||
| Q1 24 | 16.84× | 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 | $12.5M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $3.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | 2.0% | -63.6% |
| 资本支出强度资本支出/营收 | 6.0% | 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 | $-41.6M | $-321.8M |
8季度趋势，按日历期对齐
| Q4 25 | $12.5M | $-64.5M | ||
| Q3 25 | $13.5M | $-23.5M | ||
| Q2 25 | $19.1M | $-23.2M | ||
| Q1 25 | $-37.6M | $-54.2M | ||
| Q4 24 | $26.0M | $-2.4M | ||
| Q3 24 | $16.8M | $-30.9M | ||
| Q2 24 | $22.2M | $-13.0M | ||
| Q1 24 | $-10.8M | $-2.6M |
| Q4 25 | $3.1M | $-114.2M | ||
| Q3 25 | $1.5M | $-69.4M | ||
| Q2 25 | $6.4M | $-55.3M | ||
| Q1 25 | $-52.6M | $-82.9M | ||
| Q4 24 | $10.7M | $-23.9M | ||
| Q3 24 | $-4.2M | $-41.9M | ||
| Q2 24 | $6.9M | $-28.3M | ||
| Q1 24 | $-24.3M | $-21.8M |
| Q4 25 | 2.0% | -63.6% | ||
| Q3 25 | 0.9% | -44.8% | ||
| Q2 25 | 4.0% | -38.3% | ||
| Q1 25 | -34.2% | -67.6% | ||
| Q4 24 | 6.5% | -18.1% | ||
| Q3 24 | -2.2% | -40.0% | ||
| Q2 24 | 3.8% | -26.7% | ||
| Q1 24 | -13.9% | -23.5% |
| Q4 25 | 6.0% | 27.6% | ||
| Q3 25 | 7.2% | 29.6% | ||
| Q2 25 | 8.0% | 22.2% | ||
| Q1 25 | 9.7% | 23.4% | ||
| Q4 24 | 9.2% | 16.3% | ||
| Q3 24 | 11.1% | 10.5% | ||
| Q2 24 | 8.5% | 14.4% | ||
| Q1 24 | 7.7% | 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
KLXE
| Northeast | $59.7M | 38% |
| Other | $51.0M | 33% |
| Completion Revenues | $25.9M | 17% |
| Production Revenues | $11.6M | 7% |
| Drilling Revenues | $5.1M | 3% |
| Intervention Revenues | $3.6M | 2% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
