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MP Materials Corp.（MP）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
MP Materials Corp.的季度营收约是Rumble Inc.的1.9倍（$52.7M vs $27.1M），MP Materials Corp.净利率更高（17.9% vs -120.8%，领先138.7%），Rumble Inc.同比增速更快（-10.5% vs -13.6%），Rumble Inc.自由现金流更多（$-31.7M vs $-109.3M），过去两年Rumble Inc.的营收复合增速更高（15.2% vs 4.0%）
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。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
MP vs RUM — 直观对比
营收规模更大
MP
是对方的1.9倍
$27.1M
营收增速更快
RUM
高出3.2%
-13.6%
净利率更高
MP
高出138.7%
-120.8%
自由现金流更多
RUM
多$77.5M
$-109.3M
两年增速更快
RUM
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $52.7M | $27.1M |
| 净利润 | $9.4M | $-32.7M |
| 毛利率 | — | 5.5% |
| 营业利润率 | -7.0% | -131.1% |
| 净利率 | 17.9% | -120.8% |
| 营收同比 | -13.6% | -10.5% |
| 净利润同比 | 142.2% | 86.2% |
| 每股收益（稀释后） | $0.07 | $-0.13 |
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MPRUM
| Q4 25 | $52.7M | $27.1M | ||
| Q3 25 | $53.6M | $24.8M | ||
| Q2 25 | $57.4M | — | ||
| Q1 25 | $60.8M | $23.7M | ||
| Q4 24 | $61.0M | $30.2M | ||
| Q3 24 | $62.9M | $25.1M | ||
| Q2 24 | $31.3M | $22.5M | ||
| Q1 24 | $48.7M | $17.7M |
净利润MPRUM
| Q4 25 | $9.4M | $-32.7M | ||
| Q3 25 | $-41.8M | $-16.3M | ||
| Q2 25 | $-30.9M | — | ||
| Q1 25 | $-22.6M | $-2.7M | ||
| Q4 24 | $-22.3M | $-236.8M | ||
| Q3 24 | $-25.5M | $-31.5M | ||
| Q2 24 | $-34.1M | $-26.8M | ||
| Q1 24 | $16.5M | $-43.3M |
毛利率MPRUM
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
营业利润率MPRUM
| Q4 25 | -7.0% | -131.1% | ||
| Q3 25 | -125.2% | -113.6% | ||
| Q2 25 | -76.5% | — | ||
| Q1 25 | -57.2% | -153.5% | ||
| Q4 24 | -72.1% | -80.1% | ||
| Q3 24 | -62.8% | -131.0% | ||
| Q2 24 | -171.1% | -172.7% | ||
| Q1 24 | -66.6% | -197.4% |
净利率MPRUM
| Q4 25 | 17.9% | -120.8% | ||
| Q3 25 | -78.0% | -65.7% | ||
| Q2 25 | -53.8% | — | ||
| Q1 25 | -37.2% | -11.2% | ||
| Q4 24 | -36.6% | -783.2% | ||
| Q3 24 | -40.5% | -125.9% | ||
| Q2 24 | -108.9% | -119.2% | ||
| Q1 24 | 33.9% | -244.1% |
每股收益（稀释后）MPRUM
| Q4 25 | $0.07 | $-0.13 | ||
| Q3 25 | $-0.24 | $-0.06 | ||
| Q2 25 | $-0.19 | — | ||
| Q1 25 | $-0.14 | $-0.01 | ||
| Q4 24 | $-0.12 | $-1.17 | ||
| Q3 24 | $-0.16 | $-0.15 | ||
| Q2 24 | $-0.21 | $-0.13 | ||
| Q1 24 | $-0.08 | $-0.21 |
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 | $1.2B | $237.9M |
| 总债务越低越好 | $998.7M | — |
| 股东权益账面价值 | $2.0B | $274.8M |
| 总资产 | $3.9B | $336.8M |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资MPRUM
| Q4 25 | $1.2B | $237.9M | ||
| Q3 25 | $1.1B | $269.8M | ||
| Q2 25 | $261.5M | — | ||
| Q1 25 | $198.3M | $301.3M | ||
| Q4 24 | $282.4M | $114.0M | ||
| Q3 24 | $284.4M | $132.0M | ||
| Q2 24 | $295.6M | $154.2M | ||
| Q1 24 | $296.5M | $183.8M |
总债务MPRUM
| Q4 25 | $998.7M | — | ||
| Q3 25 | $997.3M | — | ||
| Q2 25 | $910.8M | — | ||
| Q1 25 | $909.8M | — | ||
| Q4 24 | $908.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MPRUM
| Q4 25 | $2.0B | $274.8M | ||
| Q3 25 | $2.0B | $302.2M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | $339.6M | ||
| Q4 24 | $1.1B | $-63.1M | ||
| Q3 24 | $1.1B | $166.1M | ||
| Q2 24 | $1.1B | $192.7M | ||
| Q1 24 | $1.1B | $210.7M |
总资产MPRUM
| Q4 25 | $3.9B | $336.8M | ||
| Q3 25 | $3.8B | $367.2M | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.4B | $391.1M | ||
| Q4 24 | $2.3B | $195.3M | ||
| Q3 24 | $2.3B | $217.2M | ||
| Q2 24 | $2.4B | $243.2M | ||
| Q1 24 | $2.4B | $263.0M |
负债/权益比MPRUM
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | 0.86× | — | ||
| Q3 24 | — | — | ||
| 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 | $-46.9M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $-31.7M |
| 自由现金流率自由现金流/营收 | -207.4% | -117.2% |
| 资本支出强度资本支出/营收 | 118.5% | 8.5% |
| 现金转化率经营现金流/净利润 | -4.97× | — |
| 过去12个月自由现金流最近4个季度 | $-328.1M | $-70.8M |
8季度趋势，按日历期对齐
经营现金流MPRUM
| Q4 25 | $-46.9M | $-29.4M | ||
| Q3 25 | $-42.0M | $-10.6M | ||
| Q2 25 | $-3.7M | — | ||
| Q1 25 | $-63.2M | $-14.5M | ||
| Q4 24 | $30.5M | $-12.4M | ||
| Q3 24 | $-6.8M | $-19.1M | ||
| Q2 24 | $30.8M | $-21.7M | ||
| Q1 24 | $-41.1M | $-33.9M |
自由现金流MPRUM
| Q4 25 | $-109.3M | $-31.7M | ||
| Q3 25 | $-92.5M | $-12.0M | ||
| Q2 25 | $-32.7M | — | ||
| Q1 25 | $-93.7M | $-14.6M | ||
| Q4 24 | $-11.2M | $-12.4M | ||
| Q3 24 | $-53.3M | $-19.9M | ||
| Q2 24 | $-15.6M | $-23.1M | ||
| Q1 24 | $-93.0M | $-34.3M |
自由现金流率MPRUM
| Q4 25 | -207.4% | -117.2% | ||
| Q3 25 | -172.8% | -48.6% | ||
| Q2 25 | -56.9% | — | ||
| Q1 25 | -154.0% | -61.7% | ||
| Q4 24 | -18.3% | -40.9% | ||
| Q3 24 | -84.7% | -79.5% | ||
| Q2 24 | -50.1% | -102.8% | ||
| Q1 24 | -191.0% | -193.3% |
资本支出强度MPRUM
| Q4 25 | 118.5% | 8.5% | ||
| Q3 25 | 94.3% | 5.7% | ||
| Q2 25 | 50.5% | — | ||
| Q1 25 | 50.1% | 0.6% | ||
| Q4 24 | 68.3% | 0.1% | ||
| Q3 24 | 73.8% | 3.4% | ||
| Q2 24 | 148.7% | 6.1% | ||
| Q1 24 | 106.5% | 2.4% |
现金转化率MPRUM
| Q4 25 | -4.97× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -2.49× | — |
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 | $35.6M | 68% |
| Other | $17.1M | 32% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
