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MP Materials Corp.（MP）与RAMBUS INC（RMBS）财务数据对比。点击上方公司名可切换其他公司
RAMBUS INC的季度营收约是MP Materials Corp.的2.0倍（$180.2M vs $90.6M），RAMBUS INC净利率更高（33.2% vs -8.8%，领先42.0%），MP Materials Corp.同比增速更快（49.1% vs 8.1%），过去两年MP Materials Corp.的营收复合增速更高（70.3% vs 16.8%）
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
Rambus Inc.是创立于1990年的美国科技企业，专注于芯片接口技术与架构的设计、研发及授权，相关技术广泛应用于各类数字电子产品。公司因发明RDRAM内存技术而闻名，在知识产权领域拥有深厚积累。
MP vs RMBS — 直观对比
营收规模更大
RMBS
是对方的2.0倍
$90.6M
营收增速更快
MP
高出41.0%
8.1%
净利率更高
RMBS
高出42.0%
-8.8%
两年增速更快
MP
近两年复合增速
16.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.6M | $180.2M |
| 净利润 | $-8.0M | $59.9M |
| 毛利率 | — | 79.7% |
| 营业利润率 | — | 34.3% |
| 净利率 | -8.8% | 33.2% |
| 营收同比 | 49.1% | 8.1% |
| 净利润同比 | 64.8% | -7.3% |
| 每股收益（稀释后） | $-0.04 | $0.55 |
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MPRMBS
| Q1 26 | $90.6M | $180.2M | ||
| Q4 25 | $52.7M | $190.2M | ||
| Q3 25 | $53.6M | $178.5M | ||
| Q2 25 | $57.4M | $172.2M | ||
| Q1 25 | $60.8M | $166.7M | ||
| Q4 24 | $61.0M | $161.1M | ||
| Q3 24 | $62.9M | $145.5M | ||
| Q2 24 | $31.3M | $132.1M |
净利润MPRMBS
| Q1 26 | $-8.0M | $59.9M | ||
| Q4 25 | $9.4M | $63.8M | ||
| Q3 25 | $-41.8M | $48.4M | ||
| Q2 25 | $-30.9M | $57.9M | ||
| Q1 25 | $-22.6M | $60.3M | ||
| Q4 24 | $-22.3M | $62.2M | ||
| Q3 24 | $-25.5M | $48.7M | ||
| Q2 24 | $-34.1M | $36.1M |
毛利率MPRMBS
| Q1 26 | — | 79.7% | ||
| Q4 25 | — | 78.9% | ||
| Q3 25 | — | 79.5% | ||
| Q2 25 | — | 79.8% | ||
| Q1 25 | — | 80.3% | ||
| Q4 24 | — | 80.4% | ||
| Q3 24 | — | 80.7% | ||
| Q2 24 | — | 79.7% |
营业利润率MPRMBS
| Q1 26 | — | 34.3% | ||
| Q4 25 | -7.0% | 37.2% | ||
| Q3 25 | -125.2% | 35.4% | ||
| Q2 25 | -76.5% | 36.6% | ||
| Q1 25 | -57.2% | 37.9% | ||
| Q4 24 | -72.1% | 35.9% | ||
| Q3 24 | -62.8% | 37.6% | ||
| Q2 24 | -171.1% | 30.5% |
净利率MPRMBS
| Q1 26 | -8.8% | 33.2% | ||
| Q4 25 | 17.9% | 33.6% | ||
| Q3 25 | -78.0% | 27.1% | ||
| Q2 25 | -53.8% | 33.6% | ||
| Q1 25 | -37.2% | 36.2% | ||
| Q4 24 | -36.6% | 38.6% | ||
| Q3 24 | -40.5% | 33.4% | ||
| Q2 24 | -108.9% | 27.3% |
每股收益（稀释后）MPRMBS
| Q1 26 | $-0.04 | $0.55 | ||
| Q4 25 | $0.07 | $0.58 | ||
| Q3 25 | $-0.24 | $0.44 | ||
| Q2 25 | $-0.19 | $0.53 | ||
| Q1 25 | $-0.14 | $0.56 | ||
| Q4 24 | $-0.12 | $0.57 | ||
| Q3 24 | $-0.16 | $0.45 | ||
| Q2 24 | $-0.21 | $0.33 |
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 | $1.7B | $134.3M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $2.0B | — |
| 总资产 | $3.8B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.51× | — |
8季度趋势，按日历期对齐
现金及短期投资MPRMBS
| Q1 26 | $1.7B | $134.3M | ||
| Q4 25 | $1.2B | $182.8M | ||
| Q3 25 | $1.1B | $79.2M | ||
| Q2 25 | $261.5M | $87.8M | ||
| Q1 25 | $198.3M | $132.2M | ||
| Q4 24 | $282.4M | $99.8M | ||
| Q3 24 | $284.4M | $114.0M | ||
| Q2 24 | $295.6M | $124.6M |
总债务MPRMBS
| Q1 26 | $1.0B | — | ||
| Q4 25 | $998.7M | — | ||
| Q3 25 | $997.3M | — | ||
| Q2 25 | $910.8M | — | ||
| Q1 25 | $909.8M | — | ||
| Q4 24 | $908.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MPRMBS
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B |
总资产MPRMBS
| Q1 26 | $3.8B | $1.5B | ||
| Q4 25 | $3.9B | $1.5B | ||
| Q3 25 | $3.8B | $1.4B | ||
| Q2 25 | $2.3B | $1.5B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $2.3B | $1.3B | ||
| Q2 24 | $2.4B | $1.3B |
负债/权益比MPRMBS
| Q1 26 | 0.51× | — | ||
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | 0.86× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $-1.9M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流MPRMBS
| Q1 26 | $-1.9M | — | ||
| Q4 25 | $-46.9M | $99.8M | ||
| Q3 25 | $-42.0M | $88.4M | ||
| Q2 25 | $-3.7M | $94.4M | ||
| Q1 25 | $-63.2M | $77.4M | ||
| Q4 24 | $30.5M | $59.0M | ||
| Q3 24 | $-6.8M | $62.1M | ||
| Q2 24 | $30.8M | $70.4M |
自由现金流MPRMBS
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $93.3M | ||
| Q3 25 | $-92.5M | $82.5M | ||
| Q2 25 | $-32.7M | $87.9M | ||
| Q1 25 | $-93.7M | $69.5M | ||
| Q4 24 | $-11.2M | $52.5M | ||
| Q3 24 | $-53.3M | $52.2M | ||
| Q2 24 | $-15.6M | $59.1M |
自由现金流率MPRMBS
| Q1 26 | — | — | ||
| Q4 25 | -207.4% | 49.0% | ||
| Q3 25 | -172.8% | 46.2% | ||
| Q2 25 | -56.9% | 51.0% | ||
| Q1 25 | -154.0% | 41.7% | ||
| Q4 24 | -18.3% | 32.6% | ||
| Q3 24 | -84.7% | 35.9% | ||
| Q2 24 | -50.1% | 44.7% |
资本支出强度MPRMBS
| Q1 26 | — | — | ||
| Q4 25 | 118.5% | 3.4% | ||
| Q3 25 | 94.3% | 3.3% | ||
| Q2 25 | 50.5% | 3.8% | ||
| Q1 25 | 50.1% | 4.7% | ||
| Q4 24 | 68.3% | 4.0% | ||
| Q3 24 | 73.8% | 6.8% | ||
| Q2 24 | 148.7% | 8.6% |
现金转化率MPRMBS
| Q1 26 | — | — | ||
| Q4 25 | -4.97× | 1.56× | ||
| Q3 25 | — | 1.83× | ||
| Q2 25 | — | 1.63× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 0.95× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 1.95× |
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
MP
| Materials Segment | $72.2M | 80% |
| Magnetics Segment | $21.1M | 23% |
RMBS
| Product revenue | $88.0M | 49% |
| Royalties | $69.6M | 39% |
| Contract and other revenue | $22.6M | 13% |
