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Marqeta, Inc.（MQ）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是Marqeta, Inc.的1.3倍（$225.0M vs $172.1M），Marqeta, Inc.同比增速更快（26.7% vs 24.9%），Marqeta, Inc.自由现金流更多（$53.2M vs $26.2M），过去两年Marqeta, Inc.的营收复合增速更高（20.8% vs -12.3%）
Marqeta, Inc.运营云原生开放API平台，提供现代发卡与数字支付处理服务，可赋能金融科技初创企业、大型零售商及企业客户推出定制化实体、虚拟支付卡及嵌入式金融解决方案，服务覆盖全球消费及商业市场。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
MQ vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.3倍
$172.1M
营收增速更快
MQ
高出1.8%
24.9%
自由现金流更多
MQ
多$26.9M
$26.2M
两年增速更快
MQ
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.1M | $225.0M |
| 净利润 | — | — |
| 毛利率 | 69.7% | 25.3% |
| 营业利润率 | -4.8% | 7.9% |
| 净利率 | — | — |
| 营收同比 | 26.7% | 24.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | — |
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MQROCK
| Q4 25 | $172.1M | $225.0M | ||
| Q3 25 | $163.3M | $310.9M | ||
| Q2 25 | $150.4M | $309.5M | ||
| Q1 25 | $139.1M | $290.0M | ||
| Q4 24 | $135.8M | $180.1M | ||
| Q3 24 | $128.0M | $277.1M | ||
| Q2 24 | $125.3M | $273.6M | ||
| Q1 24 | $118.0M | $292.5M |
净利润MQROCK
| Q4 25 | — | — | ||
| Q3 25 | $-3.6M | $-89.1M | ||
| Q2 25 | $-647.0K | $26.0M | ||
| Q1 25 | $-8.3M | $21.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-28.6M | $34.0M | ||
| Q2 24 | $119.1M | $32.2M | ||
| Q1 24 | $-36.1M | $24.9M |
毛利率MQROCK
| Q4 25 | 69.7% | 25.3% | ||
| Q3 25 | 70.1% | 26.6% | ||
| Q2 25 | 69.2% | 28.4% | ||
| Q1 25 | 71.0% | 26.8% | ||
| Q4 24 | 72.3% | 29.0% | ||
| Q3 24 | 70.4% | 29.4% | ||
| Q2 24 | 63.3% | 30.5% | ||
| Q1 24 | 71.3% | 28.9% |
营业利润率MQROCK
| Q4 25 | -4.8% | 7.9% | ||
| Q3 25 | -6.4% | 12.8% | ||
| Q2 25 | -6.1% | 12.8% | ||
| Q1 25 | -13.3% | 8.8% | ||
| Q4 24 | -27.6% | 13.3% | ||
| Q3 24 | -33.0% | 15.6% | ||
| Q2 24 | 83.9% | 14.9% | ||
| Q1 24 | -42.3% | 10.8% |
净利率MQROCK
| Q4 25 | — | — | ||
| Q3 25 | -2.2% | -28.6% | ||
| Q2 25 | -0.4% | 8.4% | ||
| Q1 25 | -5.9% | 7.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | -22.4% | 12.3% | ||
| Q2 24 | 95.1% | 11.8% | ||
| Q1 24 | -30.6% | 8.5% |
每股收益（稀释后）MQROCK
| Q4 25 | — | — | ||
| Q3 25 | — | $-2.98 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.11 | ||
| Q2 24 | — | $1.05 | ||
| Q1 24 | — | — |
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 | $709.4M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $762.0M | $950.4M |
| 总资产 | $1.5B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资MQROCK
| Q4 25 | $709.4M | $115.7M | ||
| Q3 25 | $747.2M | $89.4M | ||
| Q2 25 | $732.7M | $43.3M | ||
| Q1 25 | $830.9M | $25.1M | ||
| Q4 24 | $923.0M | $269.5M | ||
| Q3 24 | $886.4M | $228.9M | ||
| Q2 24 | $924.7M | $179.1M | ||
| Q1 24 | $970.4M | $146.7M |
总债务MQROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益MQROCK
| Q4 25 | $762.0M | $950.4M | ||
| Q3 25 | $839.2M | $951.8M | ||
| Q2 25 | $843.4M | $1.0B | ||
| Q1 25 | $987.3M | $1.0B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $975.7M | ||
| Q1 24 | $1.2B | $940.2M |
总资产MQROCK
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.5B | $1.4B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.5B | $1.4B | ||
| Q1 24 | $1.6B | $1.3B |
负债/权益比MQROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $53.3M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $53.2M | $26.2M |
| 自由现金流率自由现金流/营收 | 30.9% | 11.7% |
| 资本支出强度资本支出/营收 | 0.1% | 4.1% |
| 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 | $160.5M | $120.6M |
8季度趋势，按日历期对齐
经营现金流MQROCK
| Q4 25 | $53.3M | $35.5M | ||
| Q3 25 | $86.8M | $73.0M | ||
| Q2 25 | $12.5M | $44.9M | ||
| Q1 25 | $10.0M | $13.7M | ||
| Q4 24 | $24.8M | $19.9M | ||
| Q3 24 | $7.3M | $64.7M | ||
| Q2 24 | $25.7M | $36.5M | ||
| Q1 24 | $426.0K | $53.2M |
自由现金流MQROCK
| Q4 25 | $53.2M | $26.2M | ||
| Q3 25 | $86.4M | $64.8M | ||
| Q2 25 | $12.2M | $27.3M | ||
| Q1 25 | $8.7M | $2.3M | ||
| Q4 24 | $24.7M | $14.1M | ||
| Q3 24 | $7.1M | $60.5M | ||
| Q2 24 | $24.7M | $33.5M | ||
| Q1 24 | $-765.0K | $48.8M |
自由现金流率MQROCK
| Q4 25 | 30.9% | 11.7% | ||
| Q3 25 | 52.9% | 20.8% | ||
| Q2 25 | 8.1% | 8.8% | ||
| Q1 25 | 6.3% | 0.8% | ||
| Q4 24 | 18.2% | 7.8% | ||
| Q3 24 | 5.5% | 21.8% | ||
| Q2 24 | 19.7% | 12.2% | ||
| Q1 24 | -0.6% | 16.7% |
资本支出强度MQROCK
| Q4 25 | 0.1% | 4.1% | ||
| Q3 25 | 0.2% | 2.6% | ||
| Q2 25 | 0.2% | 5.7% | ||
| Q1 25 | 0.9% | 3.9% | ||
| Q4 24 | 0.0% | 3.3% | ||
| Q3 24 | 0.1% | 1.5% | ||
| Q2 24 | 0.8% | 1.1% | ||
| Q1 24 | 1.0% | 1.5% |
现金转化率MQROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 0.22× | 1.13× | ||
| Q1 24 | — | 2.13× |
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
MQ
| Platform Service Revenue Net | $163.4M | 95% |
| Other Services Revenue | $8.8M | 5% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
