vs
柯达（KODK）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
柯达的季度营收约是Rocket Lab Corp的1.6倍（$290.0M vs $179.7M），Rocket Lab Corp净利率更高（-29.5% vs -37.2%，领先7.8%），Rocket Lab Corp同比增速更快（35.7% vs 9.0%），柯达自由现金流更多（$483.0M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 7.9%）
伊士曼柯达公司，常简称为柯达，是一家源自美国的知名影像企业，总部位于纽约州罗切斯特，注册于新泽西州。柯达在摄影胶片领域拥有悠久的历史，曾率先将摄影胶片产品推向大众市场，如今仍围绕传统胶片影像业务开发各类相关产品。
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。
KODK vs RKLB — 直观对比
营收规模更大
KODK
是对方的1.6倍
$179.7M
营收增速更快
RKLB
高出26.7%
9.0%
净利率更高
RKLB
高出7.8%
-37.2%
自由现金流更多
KODK
多$597.2M
$-114.2M
两年增速更快
RKLB
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $290.0M | $179.7M |
| 净利润 | $-108.0M | $-52.9M |
| 毛利率 | 23.1% | 38.0% |
| 营业利润率 | -0.3% | -28.4% |
| 净利率 | -37.2% | -29.5% |
| 营收同比 | 9.0% | 35.7% |
| 净利润同比 | -515.4% | -1.1% |
| 每股收益（稀释后） | $-1.22 | $-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KODKRKLB
| Q4 25 | $290.0M | $179.7M | ||
| Q3 25 | $269.0M | $155.1M | ||
| Q2 25 | $263.0M | $144.5M | ||
| Q1 25 | $247.0M | $122.6M | ||
| Q4 24 | $266.0M | $132.4M | ||
| Q3 24 | $261.0M | $104.8M | ||
| Q2 24 | $267.0M | $106.3M | ||
| Q1 24 | $249.0M | $92.8M |
净利润KODKRKLB
| Q4 25 | $-108.0M | $-52.9M | ||
| Q3 25 | $13.0M | $-18.3M | ||
| Q2 25 | $-26.0M | $-66.4M | ||
| Q1 25 | $-7.0M | $-60.6M | ||
| Q4 24 | $26.0M | $-52.3M | ||
| Q3 24 | $18.0M | $-51.9M | ||
| Q2 24 | $26.0M | $-41.6M | ||
| Q1 24 | $32.0M | $-44.3M |
毛利率KODKRKLB
| Q4 25 | 23.1% | 38.0% | ||
| Q3 25 | 25.3% | 37.0% | ||
| Q2 25 | 19.4% | 32.1% | ||
| Q1 25 | 18.6% | 28.8% | ||
| Q4 24 | 19.2% | 27.8% | ||
| Q3 24 | 17.2% | 26.7% | ||
| Q2 24 | 21.7% | 25.6% | ||
| Q1 24 | 19.7% | 26.1% |
营业利润率KODKRKLB
| Q4 25 | -0.3% | -28.4% | ||
| Q3 25 | 7.1% | -38.0% | ||
| Q2 25 | -1.9% | -41.3% | ||
| Q1 25 | -5.3% | -48.3% | ||
| Q4 24 | -3.0% | -38.9% | ||
| Q3 24 | -3.1% | -49.5% | ||
| Q2 24 | 0.7% | -40.7% | ||
| Q1 24 | 2.8% | -46.4% |
净利率KODKRKLB
| Q4 25 | -37.2% | -29.5% | ||
| Q3 25 | 4.8% | -11.8% | ||
| Q2 25 | -9.9% | -46.0% | ||
| Q1 25 | -2.8% | -49.5% | ||
| Q4 24 | 9.8% | -39.5% | ||
| Q3 24 | 6.9% | -49.6% | ||
| Q2 24 | 9.7% | -39.2% | ||
| Q1 24 | 12.9% | -47.7% |
每股收益（稀释后）KODKRKLB
| Q4 25 | $-1.22 | $-0.09 | ||
| Q3 25 | $-0.08 | $-0.03 | ||
| Q2 25 | $-0.36 | $-0.13 | ||
| Q1 25 | $-0.12 | $-0.12 | ||
| Q4 24 | $0.22 | $-0.11 | ||
| Q3 24 | $0.15 | $-0.10 | ||
| Q2 24 | $0.23 | $-0.08 | ||
| Q1 24 | $0.30 | $-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 | $436.0M | $1.0B |
| 总债务越低越好 | $209.0M | $152.4M |
| 股东权益账面价值 | $614.0M | $1.7B |
| 总资产 | $1.6B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.34× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资KODKRKLB
| Q4 25 | $436.0M | $1.0B | ||
| Q3 25 | $168.0M | $976.7M | ||
| Q2 25 | $155.0M | $688.1M | ||
| Q1 25 | $158.0M | $428.4M | ||
| Q4 24 | $201.0M | $419.0M | ||
| Q3 24 | $214.0M | $442.4M | ||
| Q2 24 | $251.0M | $496.8M | ||
| Q1 24 | $262.0M | $492.5M |
总债务KODKRKLB
| Q4 25 | $209.0M | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $467.0M | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益KODKRKLB
| Q4 25 | $614.0M | $1.7B | ||
| Q3 25 | $762.0M | $1.3B | ||
| Q2 25 | $528.0M | $688.5M | ||
| Q1 25 | $563.0M | $431.3M | ||
| Q4 24 | $641.0M | $382.5M | ||
| Q3 24 | $982.0M | $419.8M | ||
| Q2 24 | $961.0M | $455.2M | ||
| Q1 24 | $951.0M | $478.9M |
总资产KODKRKLB
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $1.9B | $1.6B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.4B | $1.2B | ||
| Q2 24 | $2.4B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
负债/权益比KODKRKLB
| Q4 25 | 0.34× | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 0.73× | 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 | $489.0M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $483.0M | $-114.2M |
| 自由现金流率自由现金流/营收 | 166.6% | -63.6% |
| 资本支出强度资本支出/营收 | 2.1% | 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 | $446.0M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流KODKRKLB
| Q4 25 | $489.0M | $-64.5M | ||
| Q3 25 | $21.0M | $-23.5M | ||
| Q2 25 | $8.0M | $-23.2M | ||
| Q1 25 | $-38.0M | $-54.2M | ||
| Q4 24 | $4.0M | $-2.4M | ||
| Q3 24 | $-21.0M | $-30.9M | ||
| Q2 24 | $-7.0M | $-13.0M | ||
| Q1 24 | $17.0M | $-2.6M |
自由现金流KODKRKLB
| Q4 25 | $483.0M | $-114.2M | ||
| Q3 25 | $17.0M | $-69.4M | ||
| Q2 25 | $-4.0M | $-55.3M | ||
| Q1 25 | $-50.0M | $-82.9M | ||
| Q4 24 | $-13.0M | $-23.9M | ||
| Q3 24 | $-41.0M | $-41.9M | ||
| Q2 24 | $-16.0M | $-28.3M | ||
| Q1 24 | $7.0M | $-21.8M |
自由现金流率KODKRKLB
| Q4 25 | 166.6% | -63.6% | ||
| Q3 25 | 6.3% | -44.8% | ||
| Q2 25 | -1.5% | -38.3% | ||
| Q1 25 | -20.2% | -67.6% | ||
| Q4 24 | -4.9% | -18.1% | ||
| Q3 24 | -15.7% | -40.0% | ||
| Q2 24 | -6.0% | -26.7% | ||
| Q1 24 | 2.8% | -23.5% |
资本支出强度KODKRKLB
| Q4 25 | 2.1% | 27.6% | ||
| Q3 25 | 1.5% | 29.6% | ||
| Q2 25 | 4.6% | 22.2% | ||
| Q1 25 | 4.9% | 23.4% | ||
| Q4 24 | 6.4% | 16.3% | ||
| Q3 24 | 7.7% | 10.5% | ||
| Q2 24 | 3.4% | 14.4% | ||
| Q1 24 | 4.0% | 20.7% |
现金转化率KODKRKLB
| Q4 25 | — | — | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | -1.17× | — | ||
| Q2 24 | -0.27× | — | ||
| Q1 24 | 0.53× | — |
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
KODK
| Segment Continuing Operations | $195.0M | 67% |
| Advanced Materials And Chemicals | $85.0M | 29% |
| Other | $7.0M | 2% |
| All Other | $3.0M | 1% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
