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Meta Platforms（META）与帕兰提尔科技（PLTR）财务数据对比。点击上方公司名可切换其他公司
Meta Platforms的季度营收约是帕兰提尔科技的42.6倍（$59.9B vs $1.4B），帕兰提尔科技净利率更高（43.3% vs 38.0%，领先5.3%），帕兰提尔科技同比增速更快（70.0% vs 23.8%），Meta Platforms自由现金流更多（$14.8B vs $764.0M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 28.2%）
Meta Platforms是总部位于美国加利福尼亚州门洛帕克的跨国科技巨头，属于全球头部科技企业阵营。旗下运营Facebook、Instagram、WhatsApp、Messenger、Threads等多款知名社交媒体及通讯服务，同时开展自有及第三方站点广告业务，2023年广告收入占其总营收的97.8%。
帕兰提尔科技是美国上市企业，专注研发数据集成与分析平台，为政府机构、军方及各行业企业提供多源数据整合分析能力。旗下核心产品Gotham与Foundry可打通相互孤立的数据库，广泛支撑情报作业、反恐分析、执法工作及企业级数据分析场景。
META vs PLTR — 直观对比
营收规模更大
META
是对方的42.6倍
$1.4B
营收增速更快
PLTR
高出46.2%
23.8%
净利率更高
PLTR
高出5.3%
38.0%
自由现金流更多
META
多$14.1B
$764.0M
两年增速更快
PLTR
近两年复合增速
28.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $59.9B | $1.4B |
| 净利润 | $22.8B | $608.7M |
| 毛利率 | 81.8% | 84.6% |
| 营业利润率 | 41.3% | 40.9% |
| 净利率 | 38.0% | 43.3% |
| 营收同比 | 23.8% | 70.0% |
| 净利润同比 | 9.3% | 670.4% |
| 每股收益（稀释后） | $8.87 | $0.24 |
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METAPLTR
| Q4 25 | $59.9B | $1.4B | ||
| Q3 25 | $51.2B | $1.2B | ||
| Q2 25 | $47.5B | $1.0B | ||
| Q1 25 | $42.3B | $883.9M | ||
| Q4 24 | $48.4B | $827.5M | ||
| Q3 24 | $40.6B | $725.5M | ||
| Q2 24 | $39.1B | $678.1M | ||
| Q1 24 | $36.5B | $634.3M |
净利润METAPLTR
| Q4 25 | $22.8B | $608.7M | ||
| Q3 25 | $2.7B | $475.6M | ||
| Q2 25 | $18.3B | $326.7M | ||
| Q1 25 | $16.6B | $214.0M | ||
| Q4 24 | $20.8B | $79.0M | ||
| Q3 24 | $15.7B | $143.5M | ||
| Q2 24 | $13.5B | $134.1M | ||
| Q1 24 | $12.4B | $105.5M |
毛利率METAPLTR
| Q4 25 | 81.8% | 84.6% | ||
| Q3 25 | 82.0% | 82.4% | ||
| Q2 25 | 82.1% | 80.8% | ||
| Q1 25 | 82.1% | 80.4% | ||
| Q4 24 | 81.7% | 78.9% | ||
| Q3 24 | 81.8% | 79.8% | ||
| Q2 24 | 81.3% | 81.0% | ||
| Q1 24 | 81.8% | 81.7% |
营业利润率METAPLTR
| Q4 25 | 41.3% | 40.9% | ||
| Q3 25 | 40.1% | 33.3% | ||
| Q2 25 | 43.0% | 26.8% | ||
| Q1 25 | 41.5% | 19.9% | ||
| Q4 24 | 48.3% | 1.3% | ||
| Q3 24 | 42.7% | 15.6% | ||
| Q2 24 | 38.0% | 15.5% | ||
| Q1 24 | 37.9% | 12.8% |
净利率METAPLTR
| Q4 25 | 38.0% | 43.3% | ||
| Q3 25 | 5.3% | 40.3% | ||
| Q2 25 | 38.6% | 32.6% | ||
| Q1 25 | 39.3% | 24.2% | ||
| Q4 24 | 43.1% | 9.5% | ||
| Q3 24 | 38.7% | 19.8% | ||
| Q2 24 | 34.5% | 19.8% | ||
| Q1 24 | 33.9% | 16.6% |
每股收益（稀释后）METAPLTR
| Q4 25 | $8.87 | $0.24 | ||
| Q3 25 | $1.05 | $0.18 | ||
| Q2 25 | $7.14 | $0.13 | ||
| Q1 25 | $6.43 | $0.08 | ||
| Q4 24 | $7.96 | $0.03 | ||
| Q3 24 | $6.03 | $0.06 | ||
| Q2 24 | $5.16 | $0.06 | ||
| Q1 24 | $4.71 | $0.04 |
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 | $81.6B | $7.2B |
| 总债务越低越好 | $58.7B | — |
| 股东权益账面价值 | $217.2B | $7.4B |
| 总资产 | $366.0B | $8.9B |
| 负债/权益比越低杠杆越低 | 0.27× | — |
8季度趋势，按日历期对齐
现金及短期投资METAPLTR
| Q4 25 | $81.6B | $7.2B | ||
| Q3 25 | $44.4B | $6.4B | ||
| Q2 25 | $47.1B | $6.0B | ||
| Q1 25 | $70.2B | $5.4B | ||
| Q4 24 | $77.8B | $5.2B | ||
| Q3 24 | $70.9B | $4.6B | ||
| Q2 24 | $58.1B | $4.0B | ||
| Q1 24 | $58.1B | $3.9B |
总债务METAPLTR
| Q4 25 | $58.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $28.8B | — | ||
| Q3 24 | $28.8B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益METAPLTR
| Q4 25 | $217.2B | $7.4B | ||
| Q3 25 | $194.1B | $6.6B | ||
| Q2 25 | $195.1B | $5.9B | ||
| Q1 25 | $185.0B | $5.4B | ||
| Q4 24 | $182.6B | $5.0B | ||
| Q3 24 | $164.5B | $4.5B | ||
| Q2 24 | $156.8B | $4.1B | ||
| Q1 24 | $149.5B | $3.8B |
总资产METAPLTR
| Q4 25 | $366.0B | $8.9B | ||
| Q3 25 | $303.8B | $8.1B | ||
| Q2 25 | $294.7B | $7.4B | ||
| Q1 25 | $280.2B | $6.7B | ||
| Q4 24 | $276.1B | $6.3B | ||
| Q3 24 | $256.4B | $5.8B | ||
| Q2 24 | $230.2B | $5.2B | ||
| Q1 24 | $222.8B | $4.8B |
负债/权益比METAPLTR
| Q4 25 | 0.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.16× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | — | — | ||
| 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 | $36.2B | $777.3M |
| 自由现金流经营现金流 - 资本支出 | $14.8B | $764.0M |
| 自由现金流率自由现金流/营收 | 24.8% | 54.3% |
| 资本支出强度资本支出/营收 | 35.7% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.59× | 1.28× |
| 过去12个月自由现金流最近4个季度 | $46.1B | $2.1B |
8季度趋势，按日历期对齐
经营现金流METAPLTR
| Q4 25 | $36.2B | $777.3M | ||
| Q3 25 | $30.0B | $507.7M | ||
| Q2 25 | $25.6B | $539.3M | ||
| Q1 25 | $24.0B | $310.3M | ||
| Q4 24 | $28.0B | $460.3M | ||
| Q3 24 | $24.7B | $419.8M | ||
| Q2 24 | $19.4B | $144.2M | ||
| Q1 24 | $19.2B | $129.6M |
自由现金流METAPLTR
| Q4 25 | $14.8B | $764.0M | ||
| Q3 25 | $11.2B | $500.9M | ||
| Q2 25 | $9.0B | $531.6M | ||
| Q1 25 | $11.1B | $304.1M | ||
| Q4 24 | $13.6B | $457.2M | ||
| Q3 24 | $16.5B | $415.8M | ||
| Q2 24 | $11.2B | $141.3M | ||
| Q1 24 | $12.8B | $126.9M |
自由现金流率METAPLTR
| Q4 25 | 24.8% | 54.3% | ||
| Q3 25 | 21.8% | 42.4% | ||
| Q2 25 | 19.0% | 53.0% | ||
| Q1 25 | 26.2% | 34.4% | ||
| Q4 24 | 28.0% | 55.3% | ||
| Q3 24 | 40.6% | 57.3% | ||
| Q2 24 | 28.7% | 20.8% | ||
| Q1 24 | 35.2% | 20.0% |
资本支出强度METAPLTR
| Q4 25 | 35.7% | 0.9% | ||
| Q3 25 | 36.7% | 0.6% | ||
| Q2 25 | 34.8% | 0.8% | ||
| Q1 25 | 30.6% | 0.7% | ||
| Q4 24 | 29.8% | 0.4% | ||
| Q3 24 | 20.3% | 0.5% | ||
| Q2 24 | 20.9% | 0.4% | ||
| Q1 24 | 17.6% | 0.4% |
现金转化率METAPLTR
| Q4 25 | 1.59× | 1.28× | ||
| Q3 25 | 11.07× | 1.07× | ||
| Q2 25 | 1.39× | 1.65× | ||
| Q1 25 | 1.44× | 1.45× | ||
| Q4 24 | 1.34× | 5.83× | ||
| Q3 24 | 1.58× | 2.92× | ||
| Q2 24 | 1.44× | 1.08× | ||
| Q1 24 | 1.56× | 1.23× |
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
META
| Advertising | $58.1B | 97% |
| Reality Labs | $955.0M | 2% |
| Service Other | $801.0M | 1% |
PLTR
| Geographic Concentration Risk | $1.1B | 77% |
| Other | $330.4M | 23% |
