vs
LandBridge Co LLC（LB）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LandBridge Co LLC的1.4倍（$81.3M vs $56.8M），LandBridge Co LLC净利率更高（14.2% vs -72.8%，领先87.0%），LandBridge Co LLC同比增速更快（55.6% vs 32.6%），LandBridge Co LLC自由现金流更多（$122.0M vs $1.9M），过去两年LandBridge Co LLC的营收复合增速更高（72.8% vs 17.5%）
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。
LB vs PL — 直观对比
营收规模更大
PL
是对方的1.4倍
$56.8M
营收增速更快
LB
高出22.9%
32.6%
净利率更高
LB
高出87.0%
-72.8%
自由现金流更多
LB
多$120.1M
$1.9M
两年增速更快
LB
近两年复合增速
17.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $56.8M | $81.3M |
| 净利润 | $8.1M | $-59.2M |
| 毛利率 | — | 57.3% |
| 营业利润率 | 60.0% | -22.6% |
| 净利率 | 14.2% | -72.8% |
| 营收同比 | 55.6% | 32.6% |
| 净利润同比 | -83.7% | -194.7% |
| 每股收益（稀释后） | $0.24 | $-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LBPL
| Q4 25 | $56.8M | $81.3M | ||
| Q3 25 | $50.8M | $73.4M | ||
| Q2 25 | $47.5M | $66.3M | ||
| Q1 25 | $44.0M | $61.6M | ||
| Q4 24 | $36.5M | $61.3M | ||
| Q3 24 | $28.5M | $61.1M | ||
| Q2 24 | $26.0M | $60.4M | ||
| Q1 24 | $19.0M | $58.9M |
净利润LBPL
| Q4 25 | $8.1M | $-59.2M | ||
| Q3 25 | $8.1M | $-22.6M | ||
| Q2 25 | $7.5M | $-12.6M | ||
| Q1 25 | $6.5M | $-35.2M | ||
| Q4 24 | $49.3M | $-20.1M | ||
| Q3 24 | $2.7M | $-38.7M | ||
| Q2 24 | $-57.7M | $-29.3M | ||
| Q1 24 | $10.8M | $-30.1M |
毛利率LBPL
| 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LBPL
| Q4 25 | 60.0% | -22.6% | ||
| Q3 25 | 60.8% | -24.5% | ||
| Q2 25 | 60.0% | -34.4% | ||
| Q1 25 | 57.0% | -31.5% | ||
| Q4 24 | 49.4% | -36.9% | ||
| Q3 24 | 11.2% | -64.8% | ||
| Q2 24 | -197.4% | -57.2% | ||
| Q1 24 | 71.1% | -57.6% |
净利率LBPL
| Q4 25 | 14.2% | -72.8% | ||
| Q3 25 | 15.9% | -30.8% | ||
| Q2 25 | 15.8% | -19.1% | ||
| Q1 25 | 14.7% | -57.1% | ||
| Q4 24 | 135.2% | -32.8% | ||
| Q3 24 | 9.3% | -63.3% | ||
| Q2 24 | -222.1% | -48.5% | ||
| Q1 24 | 56.7% | -51.1% |
每股收益（稀释后）LBPL
| Q4 25 | $0.24 | $-0.19 | ||
| Q3 25 | $0.26 | $-0.07 | ||
| Q2 25 | $0.24 | $-0.04 | ||
| Q1 25 | $0.20 | $-0.12 | ||
| Q4 24 | — | $-0.07 | ||
| Q3 24 | $-0.04 | $-0.13 | ||
| Q2 24 | — | $-0.10 | ||
| Q1 24 | — | $-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 | $30.7M | $443.3M |
| 总债务越低越好 | $570.7M | — |
| 股东权益账面价值 | $340.3M | $349.6M |
| 总资产 | $1.4B | $1.1B |
| 负债/权益比越低杠杆越低 | 1.68× | — |
8季度趋势，按日历期对齐
现金及短期投资LBPL
| Q4 25 | $30.7M | $443.3M | ||
| Q3 25 | $28.3M | $181.1M | ||
| Q2 25 | $20.3M | $133.5M | ||
| Q1 25 | $14.9M | $118.0M | ||
| Q4 24 | $37.0M | $139.0M | ||
| Q3 24 | $14.4M | $148.3M | ||
| Q2 24 | $24.6M | $107.4M | ||
| Q1 24 | — | $83.9M |
总债务LBPL
| Q4 25 | $570.7M | — | ||
| Q3 25 | $366.1M | — | ||
| Q2 25 | $370.9M | — | ||
| Q1 25 | $375.5M | — | ||
| Q4 24 | $385.5M | — | ||
| Q3 24 | $242.4M | — | ||
| Q2 24 | $360.8M | — | ||
| Q1 24 | — | — |
股东权益LBPL
| Q4 25 | $340.3M | $349.6M | ||
| Q3 25 | $272.0M | $435.7M | ||
| Q2 25 | $266.4M | $444.8M | ||
| Q1 25 | $217.0M | $441.3M | ||
| Q4 24 | $211.8M | $464.6M | ||
| Q3 24 | $97.2M | $473.2M | ||
| Q2 24 | $296.4M | $500.3M | ||
| Q1 24 | $162.3M | $518.0M |
总资产LBPL
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.1B | $696.4M | ||
| Q2 25 | $1.1B | $658.4M | ||
| Q1 25 | $1.0B | $633.8M | ||
| Q4 24 | $1.0B | $630.8M | ||
| Q3 24 | $689.9M | $658.4M | ||
| Q2 24 | $710.5M | $674.6M | ||
| Q1 24 | — | $702.0M |
负债/权益比LBPL
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 2.49× | — | ||
| Q2 24 | 1.22× | — | ||
| Q1 24 | — | — |
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 | $126.3M | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $122.0M | $1.9M |
| 自由现金流率自由现金流/营收 | 214.9% | 2.3% |
| 资本支出强度资本支出/营收 | 7.5% | 32.9% |
| 现金转化率经营现金流/净利润 | 15.68× | — |
| 过去12个月自由现金流最近4个季度 | $207.7M | $40.7M |
8季度趋势，按日历期对齐
经营现金流LBPL
| Q4 25 | $126.3M | $28.6M | ||
| Q3 25 | $34.9M | $67.8M | ||
| Q2 25 | $37.3M | $17.3M | ||
| Q1 25 | $15.9M | $-6.3M | ||
| Q4 24 | $67.6M | $4.1M | ||
| Q3 24 | $7.5M | $-7.9M | ||
| Q2 24 | $16.0M | $-4.3M | ||
| Q1 24 | $17.2M | $-6.8M |
自由现金流LBPL
| Q4 25 | $122.0M | $1.9M | ||
| Q3 25 | $33.7M | $47.5M | ||
| Q2 25 | $36.1M | $9.2M | ||
| Q1 25 | $15.8M | $-17.9M | ||
| Q4 24 | $66.7M | $-3.6M | ||
| Q3 24 | $7.1M | $-23.0M | ||
| Q2 24 | $15.7M | $-14.2M | ||
| Q1 24 | $17.1M | $-15.7M |
自由现金流率LBPL
| Q4 25 | 214.9% | 2.3% | ||
| Q3 25 | 66.3% | 64.7% | ||
| Q2 25 | 75.9% | 13.9% | ||
| Q1 25 | 36.0% | -29.1% | ||
| Q4 24 | 182.6% | -5.8% | ||
| Q3 24 | 25.1% | -37.6% | ||
| Q2 24 | 60.4% | -23.6% | ||
| Q1 24 | 90.1% | -26.7% |
资本支出强度LBPL
| Q4 25 | 7.5% | 32.9% | ||
| Q3 25 | 2.3% | 27.6% | ||
| Q2 25 | 2.6% | 12.3% | ||
| Q1 25 | 0.2% | 18.9% | ||
| Q4 24 | 2.7% | 12.5% | ||
| Q3 24 | 1.1% | 24.8% | ||
| Q2 24 | 1.4% | 16.4% | ||
| Q1 24 | 0.5% | 15.1% |
现金转化率LBPL
| Q4 25 | 15.68× | — | ||
| Q3 25 | 4.31× | — | ||
| Q2 25 | 4.98× | — | ||
| Q1 25 | 2.46× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 2.80× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.60× | — |
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
LB
暂无分部数据
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
