vs
Lovesac Co（LOVE）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Lovesac Co的1.2倍（$179.7M vs $150.2M），Lovesac Co净利率更高（-7.0% vs -29.5%，领先22.4%），Rocket Lab Corp同比增速更快（35.7% vs 0.2%），Lovesac Co自由现金流更多（$-10.2M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -22.6%）
Lovesac是美国的家具零售商，主打拥有专利的Sactionals模块化沙发系统，该系统由可自由组合的座部、侧部模块，以及定制沙发套和相关配件组成。除模块化沙发外，品牌还销售采用独家发泡混合材料填充的袋式懒人座椅。
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。
LOVE vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.2倍
$150.2M
营收增速更快
RKLB
高出35.5%
0.2%
净利率更高
LOVE
高出22.4%
-29.5%
自由现金流更多
LOVE
多$104.0M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-22.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $150.2M | $179.7M |
| 净利润 | $-10.6M | $-52.9M |
| 毛利率 | 56.1% | 38.0% |
| 营业利润率 | -10.5% | -28.4% |
| 净利率 | -7.0% | -29.5% |
| 营收同比 | 0.2% | 35.7% |
| 净利润同比 | -114.0% | -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
营收LOVERKLB
| Q4 25 | $150.2M | $179.7M | ||
| Q3 25 | $160.5M | $155.1M | ||
| Q2 25 | $138.4M | $144.5M | ||
| Q1 25 | $241.5M | $122.6M | ||
| Q4 24 | $149.9M | $132.4M | ||
| Q3 24 | $156.6M | $104.8M | ||
| Q2 24 | $132.6M | $106.3M | ||
| Q1 24 | $250.5M | $92.8M |
净利润LOVERKLB
| Q4 25 | $-10.6M | $-52.9M | ||
| Q3 25 | $-6.7M | $-18.3M | ||
| Q2 25 | $-10.8M | $-66.4M | ||
| Q1 25 | $35.3M | $-60.6M | ||
| Q4 24 | $-4.9M | $-52.3M | ||
| Q3 24 | $-5.9M | $-51.9M | ||
| Q2 24 | $-13.0M | $-41.6M | ||
| Q1 24 | $31.0M | $-44.3M |
毛利率LOVERKLB
| Q4 25 | 56.1% | 38.0% | ||
| Q3 25 | 56.4% | 37.0% | ||
| Q2 25 | 53.7% | 32.1% | ||
| Q1 25 | 60.4% | 28.8% | ||
| Q4 24 | 58.5% | 27.8% | ||
| Q3 24 | 59.0% | 26.7% | ||
| Q2 24 | 54.3% | 25.6% | ||
| Q1 24 | 59.7% | 26.1% |
营业利润率LOVERKLB
| Q4 25 | -10.5% | -28.4% | ||
| Q3 25 | -5.5% | -38.0% | ||
| Q2 25 | -10.8% | -41.3% | ||
| Q1 25 | 19.7% | -48.3% | ||
| Q4 24 | -5.2% | -38.9% | ||
| Q3 24 | -5.3% | -49.5% | ||
| Q2 24 | -13.5% | -40.7% | ||
| Q1 24 | 16.1% | -46.4% |
净利率LOVERKLB
| Q4 25 | -7.0% | -29.5% | ||
| Q3 25 | -4.1% | -11.8% | ||
| Q2 25 | -7.8% | -46.0% | ||
| Q1 25 | 14.6% | -49.5% | ||
| Q4 24 | -3.3% | -39.5% | ||
| Q3 24 | -3.7% | -49.6% | ||
| Q2 24 | -9.8% | -39.2% | ||
| Q1 24 | 12.4% | -47.7% |
每股收益（稀释后）LOVERKLB
| Q4 25 | $-0.72 | $-0.09 | ||
| Q3 25 | $-0.45 | $-0.03 | ||
| Q2 25 | $-0.73 | $-0.13 | ||
| Q1 25 | $2.22 | $-0.12 | ||
| Q4 24 | $-0.32 | $-0.11 | ||
| Q3 24 | $-0.38 | $-0.10 | ||
| Q2 24 | $-0.83 | $-0.08 | ||
| Q1 24 | $1.91 | $-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 | $23.7M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $189.3M | $1.7B |
| 总资产 | $495.5M | $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LOVERKLB
| Q4 25 | $23.7M | $1.0B | ||
| Q3 25 | $34.2M | $976.7M | ||
| Q2 25 | $26.9M | $688.1M | ||
| Q1 25 | $83.7M | $428.4M | ||
| Q4 24 | $61.7M | $419.0M | ||
| Q3 24 | $72.1M | $442.4M | ||
| Q2 24 | $72.4M | $496.8M | ||
| Q1 24 | $87.0M | $492.5M |
总债务LOVERKLB
| 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LOVERKLB
| Q4 25 | $189.3M | $1.7B | ||
| Q3 25 | $197.5M | $1.3B | ||
| Q2 25 | $201.2M | $688.5M | ||
| Q1 25 | $216.4M | $431.3M | ||
| Q4 24 | $196.5M | $382.5M | ||
| Q3 24 | $202.1M | $419.8M | ||
| Q2 24 | $205.3M | $455.2M | ||
| Q1 24 | $217.5M | $478.9M |
总资产LOVERKLB
| Q4 25 | $495.5M | $2.3B | ||
| Q3 25 | $493.7M | $2.2B | ||
| Q2 25 | $483.7M | $1.6B | ||
| Q1 25 | $532.3M | $1.3B | ||
| Q4 24 | $499.7M | $1.2B | ||
| Q3 24 | $481.1M | $1.2B | ||
| Q2 24 | $477.2M | $1.2B | ||
| Q1 24 | $482.2M | $1.2B |
负债/权益比LOVERKLB
| 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 | $-4.9M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-10.2M | $-114.2M |
| 自由现金流率自由现金流/营收 | -6.8% | -63.6% |
| 资本支出强度资本支出/营收 | 3.5% | 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 | $-13.6M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流LOVERKLB
| Q4 25 | $-4.9M | $-64.5M | ||
| Q3 25 | $12.2M | $-23.5M | ||
| Q2 25 | $-41.4M | $-23.2M | ||
| Q1 25 | $44.0M | $-54.2M | ||
| Q4 24 | $-4.2M | $-2.4M | ||
| Q3 24 | $6.2M | $-30.9M | ||
| Q2 24 | $-7.0M | $-13.0M | ||
| Q1 24 | $56.3M | $-2.6M |
自由现金流LOVERKLB
| Q4 25 | $-10.2M | $-114.2M | ||
| Q3 25 | $7.8M | $-69.4M | ||
| Q2 25 | $-50.0M | $-55.3M | ||
| Q1 25 | $38.7M | $-82.9M | ||
| Q4 24 | $-6.6M | $-23.9M | ||
| Q3 24 | $119.0K | $-41.9M | ||
| Q2 24 | $-14.3M | $-28.3M | ||
| Q1 24 | $49.5M | $-21.8M |
自由现金流率LOVERKLB
| Q4 25 | -6.8% | -63.6% | ||
| Q3 25 | 4.9% | -44.8% | ||
| Q2 25 | -36.1% | -38.3% | ||
| Q1 25 | 16.0% | -67.6% | ||
| Q4 24 | -4.4% | -18.1% | ||
| Q3 24 | 0.1% | -40.0% | ||
| Q2 24 | -10.8% | -26.7% | ||
| Q1 24 | 19.8% | -23.5% |
资本支出强度LOVERKLB
| Q4 25 | 3.5% | 27.6% | ||
| Q3 25 | 2.7% | 29.6% | ||
| Q2 25 | 6.2% | 22.2% | ||
| Q1 25 | 2.2% | 23.4% | ||
| Q4 24 | 1.6% | 16.3% | ||
| Q3 24 | 3.9% | 10.5% | ||
| Q2 24 | 5.5% | 14.4% | ||
| Q1 24 | 2.7% | 20.7% |
现金转化率LOVERKLB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.82× | — |
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
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
