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NAVIENT CORP（NAVI）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NAVIENT CORP的1.3倍（$179.7M vs $137.0M），NAVIENT CORP净利率更高（-5.0% vs -29.5%，领先24.4%），Rocket Lab Corp同比增速更快（35.7% vs -38.3%），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -30.9%）
纳文特公司是一家总部位于美国特拉华州威尔明顿的金融服务企业，前身是学生贷款服务商。公司于2014年由学生贷款机构萨利美拆分而来，目前在美国各地设有办事处，共有约4500名员工，2018年时曾承接全美四分之一的学生贷款业务，2024年被禁止承接联邦学生贷款业务。
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。
NAVI vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.3倍
$137.0M
营收增速更快
RKLB
高出74.0%
-38.3%
净利率更高
NAVI
高出24.4%
-29.5%
两年增速更快
RKLB
近两年复合增速
-30.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $137.0M | $179.7M |
| 净利润 | $-6.0M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | -5.9% | -28.4% |
| 净利率 | -5.0% | -29.5% |
| 营收同比 | -38.3% | 35.7% |
| 净利润同比 | -125.0% | -1.1% |
| 每股收益（稀释后） | $-0.05 | $-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NAVIRKLB
| Q4 25 | $137.0M | $179.7M | ||
| Q3 25 | $161.0M | $155.1M | ||
| Q2 25 | $156.0M | $144.5M | ||
| Q1 25 | $156.0M | $122.6M | ||
| Q4 24 | $222.0M | $132.4M | ||
| Q3 24 | $396.0M | $104.8M | ||
| Q2 24 | $247.0M | $106.3M | ||
| Q1 24 | $287.0M | $92.8M |
净利润NAVIRKLB
| Q4 25 | $-6.0M | $-52.9M | ||
| Q3 25 | $-86.0M | $-18.3M | ||
| Q2 25 | $14.0M | $-66.4M | ||
| Q1 25 | $-2.0M | $-60.6M | ||
| Q4 24 | $24.0M | $-52.3M | ||
| Q3 24 | $-2.0M | $-51.9M | ||
| Q2 24 | $36.0M | $-41.6M | ||
| Q1 24 | $73.0M | $-44.3M |
毛利率NAVIRKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率NAVIRKLB
| Q4 25 | -5.9% | -28.4% | ||
| Q3 25 | -72.7% | -38.0% | ||
| Q2 25 | 11.5% | -41.3% | ||
| Q1 25 | -3.2% | -48.3% | ||
| Q4 24 | 11.7% | -38.9% | ||
| Q3 24 | 3.0% | -49.5% | ||
| Q2 24 | 19.4% | -40.7% | ||
| Q1 24 | 30.7% | -46.4% |
净利率NAVIRKLB
| Q4 25 | -5.0% | -29.5% | ||
| Q3 25 | -53.4% | -11.8% | ||
| Q2 25 | 9.0% | -46.0% | ||
| Q1 25 | -1.3% | -49.5% | ||
| Q4 24 | 10.8% | -39.5% | ||
| Q3 24 | -0.5% | -49.6% | ||
| Q2 24 | 14.6% | -39.2% | ||
| Q1 24 | 25.4% | -47.7% |
每股收益（稀释后）NAVIRKLB
| Q4 25 | $-0.05 | $-0.09 | ||
| Q3 25 | $-0.87 | $-0.03 | ||
| Q2 25 | $0.13 | $-0.13 | ||
| Q1 25 | $-0.02 | $-0.12 | ||
| Q4 24 | $0.24 | $-0.11 | ||
| Q3 24 | $-0.02 | $-0.10 | ||
| Q2 24 | $0.32 | $-0.08 | ||
| Q1 24 | $0.64 | $-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 | $637.0M | $1.0B |
| 总债务越低越好 | $40.6B | $152.4M |
| 股东权益账面价值 | $2.4B | $1.7B |
| 总资产 | $48.7B | $2.3B |
| 负债/权益比越低杠杆越低 | 16.94× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NAVIRKLB
| Q4 25 | $637.0M | $1.0B | ||
| Q3 25 | $571.0M | $976.7M | ||
| Q2 25 | $712.0M | $688.1M | ||
| Q1 25 | $642.0M | $428.4M | ||
| Q4 24 | $722.0M | $419.0M | ||
| Q3 24 | $1.1B | $442.4M | ||
| Q2 24 | $1.1B | $496.8M | ||
| Q1 24 | $823.0M | $492.5M |
总债务NAVIRKLB
| Q4 25 | $40.6B | $152.4M | ||
| Q3 25 | $41.4B | $347.0M | ||
| Q2 25 | $42.3B | $346.5M | ||
| Q1 25 | $42.9B | $345.9M | ||
| Q4 24 | $43.2B | $345.4M | ||
| Q3 24 | $44.7B | $61.2M | ||
| Q2 24 | $47.5B | $64.2M | ||
| Q1 24 | $50.8B | $66.8M |
股东权益NAVIRKLB
| Q4 25 | $2.4B | $1.7B | ||
| Q3 25 | $2.4B | $1.3B | ||
| Q2 25 | $2.6B | $688.5M | ||
| Q1 25 | $2.6B | $431.3M | ||
| Q4 24 | $2.6B | $382.5M | ||
| Q3 24 | $2.7B | $419.8M | ||
| Q2 24 | $2.7B | $455.2M | ||
| Q1 24 | $2.8B | $478.9M |
总资产NAVIRKLB
| Q4 25 | $48.7B | $2.3B | ||
| Q3 25 | $49.3B | $2.2B | ||
| Q2 25 | $50.2B | $1.6B | ||
| Q1 25 | $51.0B | $1.3B | ||
| Q4 24 | $51.8B | $1.2B | ||
| Q3 24 | $53.4B | $1.2B | ||
| Q2 24 | $56.6B | $1.2B | ||
| Q1 24 | $59.0B | $1.2B |
负债/权益比NAVIRKLB
| Q4 25 | 16.94× | 0.09× | ||
| Q3 25 | 16.98× | 0.27× | ||
| Q2 25 | 16.52× | 0.50× | ||
| Q1 25 | 16.56× | 0.80× | ||
| Q4 24 | 16.35× | 0.90× | ||
| Q3 24 | 16.59× | 0.15× | ||
| Q2 24 | 17.30× | 0.14× | ||
| Q1 24 | 18.38× | 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 | $441.0M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-114.2M |
| 自由现金流率自由现金流/营收 | — | -63.6% |
| 资本支出强度资本支出/营收 | — | 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 | — | $-321.8M |
8季度趋势，按日历期对齐
经营现金流NAVIRKLB
| Q4 25 | $441.0M | $-64.5M | ||
| Q3 25 | $70.0M | $-23.5M | ||
| Q2 25 | $126.0M | $-23.2M | ||
| Q1 25 | $71.0M | $-54.2M | ||
| Q4 24 | $459.0M | $-2.4M | ||
| Q3 24 | $-10.0M | $-30.9M | ||
| Q2 24 | $279.0M | $-13.0M | ||
| Q1 24 | $182.0M | $-2.6M |
自由现金流NAVIRKLB
| Q4 25 | — | $-114.2M | ||
| Q3 25 | — | $-69.4M | ||
| Q2 25 | — | $-55.3M | ||
| Q1 25 | — | $-82.9M | ||
| Q4 24 | — | $-23.9M | ||
| Q3 24 | — | $-41.9M | ||
| Q2 24 | — | $-28.3M | ||
| Q1 24 | — | $-21.8M |
自由现金流率NAVIRKLB
| Q4 25 | — | -63.6% | ||
| Q3 25 | — | -44.8% | ||
| Q2 25 | — | -38.3% | ||
| Q1 25 | — | -67.6% | ||
| Q4 24 | — | -18.1% | ||
| Q3 24 | — | -40.0% | ||
| Q2 24 | — | -26.7% | ||
| Q1 24 | — | -23.5% |
资本支出强度NAVIRKLB
| Q4 25 | — | 27.6% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 14.4% | ||
| Q1 24 | — | 20.7% |
现金转化率NAVIRKLB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 9.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 19.13× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.75× | — | ||
| 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
NAVI
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
