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LANDS' END, INC.（LE）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
LANDS' END, INC.的季度营收约是Rocket Lab Corp的1.8倍（$317.5M vs $179.7M），LANDS' END, INC.净利率更高（1.6% vs -29.5%，领先31.1%），Rocket Lab Corp同比增速更快（35.7% vs 0.1%），LANDS' END, INC.自由现金流更多（$-22.4M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -0.9%）
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
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。
LE vs RKLB — 直观对比
营收规模更大
LE
是对方的1.8倍
$179.7M
营收增速更快
RKLB
高出35.6%
0.1%
净利率更高
LE
高出31.1%
-29.5%
自由现金流更多
LE
多$91.8M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-0.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $179.7M |
| 净利润 | $5.2M | $-52.9M |
| 毛利率 | 51.8% | 38.0% |
| 营业利润率 | 5.3% | -28.4% |
| 净利率 | 1.6% | -29.5% |
| 营收同比 | 0.1% | 35.7% |
| 净利润同比 | 198.3% | -1.1% |
| 每股收益（稀释后） | $0.17 | $-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LERKLB
| Q4 25 | $317.5M | $179.7M | ||
| Q3 25 | — | $155.1M | ||
| Q2 25 | $261.2M | $144.5M | ||
| Q1 25 | — | $122.6M | ||
| Q4 24 | $318.6M | $132.4M | ||
| Q3 24 | $317.2M | $104.8M | ||
| Q2 24 | $285.5M | $106.3M | ||
| Q1 24 | $514.9M | $92.8M |
净利润LERKLB
| Q4 25 | $5.2M | $-52.9M | ||
| Q3 25 | — | $-18.3M | ||
| Q2 25 | $-8.3M | $-66.4M | ||
| Q1 25 | — | $-60.6M | ||
| Q4 24 | $-593.0K | $-52.3M | ||
| Q3 24 | $-5.3M | $-51.9M | ||
| Q2 24 | $-6.4M | $-41.6M | ||
| Q1 24 | $-8.6M | $-44.3M |
毛利率LERKLB
| Q4 25 | 51.8% | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | 50.8% | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | 50.6% | 27.8% | ||
| Q3 24 | 47.9% | 26.7% | ||
| Q2 24 | 48.7% | 25.6% | ||
| Q1 24 | 38.0% | 26.1% |
营业利润率LERKLB
| Q4 25 | 5.3% | -28.4% | ||
| Q3 25 | — | -38.0% | ||
| Q2 25 | -0.9% | -41.3% | ||
| Q1 25 | — | -48.3% | ||
| Q4 24 | 2.9% | -38.9% | ||
| Q3 24 | 0.8% | -49.5% | ||
| Q2 24 | 0.8% | -40.7% | ||
| Q1 24 | 1.6% | -46.4% |
净利率LERKLB
| Q4 25 | 1.6% | -29.5% | ||
| Q3 25 | — | -11.8% | ||
| Q2 25 | -3.2% | -46.0% | ||
| Q1 25 | — | -49.5% | ||
| Q4 24 | -0.2% | -39.5% | ||
| Q3 24 | -1.7% | -49.6% | ||
| Q2 24 | -2.3% | -39.2% | ||
| Q1 24 | -1.7% | -47.7% |
每股收益（稀释后）LERKLB
| Q4 25 | $0.17 | $-0.09 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | $-0.27 | $-0.13 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | $-0.02 | $-0.11 | ||
| Q3 24 | $-0.17 | $-0.10 | ||
| Q2 24 | $-0.20 | $-0.08 | ||
| Q1 24 | $-0.27 | $-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 | $36.3M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $231.0M | $1.7B |
| 总资产 | $852.7M | $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LERKLB
| Q4 25 | $36.3M | $1.0B | ||
| Q3 25 | — | $976.7M | ||
| Q2 25 | $18.1M | $688.1M | ||
| Q1 25 | — | $428.4M | ||
| Q4 24 | $30.4M | $419.0M | ||
| Q3 24 | $25.6M | $442.4M | ||
| Q2 24 | $27.4M | $496.8M | ||
| Q1 24 | $25.3M | $492.5M |
总债务LERKLB
| 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LERKLB
| Q4 25 | $231.0M | $1.7B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $230.1M | $688.5M | ||
| Q1 25 | — | $431.3M | ||
| Q4 24 | $223.6M | $382.5M | ||
| Q3 24 | $226.5M | $419.8M | ||
| Q2 24 | $234.6M | $455.2M | ||
| Q1 24 | $241.6M | $478.9M |
总资产LERKLB
| Q4 25 | $852.7M | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | $760.5M | $1.6B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | $843.6M | $1.2B | ||
| Q3 24 | $802.5M | $1.2B | ||
| Q2 24 | $800.1M | $1.2B | ||
| Q1 24 | $811.5M | $1.2B |
负债/权益比LERKLB
| 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 | $-15.7M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $-114.2M |
| 自由现金流率自由现金流/营收 | -7.1% | -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 | -3.03× | — |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流LERKLB
| Q4 25 | $-15.7M | $-64.5M | ||
| Q3 25 | — | $-23.5M | ||
| Q2 25 | $-22.5M | $-23.2M | ||
| Q1 25 | — | $-54.2M | ||
| Q4 24 | $-17.1M | $-2.4M | ||
| Q3 24 | $30.7M | $-30.9M | ||
| Q2 24 | $-25.8M | $-13.0M | ||
| Q1 24 | $93.9M | $-2.6M |
自由现金流LERKLB
| Q4 25 | $-22.4M | $-114.2M | ||
| Q3 25 | — | $-69.4M | ||
| Q2 25 | $-30.7M | $-55.3M | ||
| Q1 25 | — | $-82.9M | ||
| Q4 24 | $-27.8M | $-23.9M | ||
| Q3 24 | $26.0M | $-41.9M | ||
| Q2 24 | $-32.6M | $-28.3M | ||
| Q1 24 | $87.5M | $-21.8M |
自由现金流率LERKLB
| Q4 25 | -7.1% | -63.6% | ||
| Q3 25 | — | -44.8% | ||
| Q2 25 | -11.8% | -38.3% | ||
| Q1 25 | — | -67.6% | ||
| Q4 24 | -8.7% | -18.1% | ||
| Q3 24 | 8.2% | -40.0% | ||
| Q2 24 | -11.4% | -26.7% | ||
| Q1 24 | 17.0% | -23.5% |
资本支出强度LERKLB
| Q4 25 | 2.1% | 27.6% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | 3.2% | 22.2% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | 3.3% | 16.3% | ||
| Q3 24 | 1.5% | 10.5% | ||
| Q2 24 | 2.4% | 14.4% | ||
| Q1 24 | 1.2% | 20.7% |
现金转化率LERKLB
| Q4 25 | -3.03× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
