vs
New Fortress Energy Inc.（NFE）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
New Fortress Energy Inc.的季度营收约是Rocket Lab Corp的1.8倍（$326.2M vs $179.7M），Rocket Lab Corp净利率更高（-29.5% vs -259.7%，领先230.2%），Rocket Lab Corp同比增速更快（35.7% vs -7.0%），Rocket Lab Corp自由现金流更多（$-114.2M vs $-134.8M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -26.8%）
New Fortress Energy Inc.是一家全球能源基础设施企业，主要开发、持有并运营液化天然气进出口终端、天然气供应网络及低碳能源项目，服务美洲、加勒比地区客户，致力于提供低成本、低排放的能源解决方案。
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。
NFE vs RKLB — 直观对比
营收规模更大
NFE
是对方的1.8倍
$179.7M
营收增速更快
RKLB
高出42.7%
-7.0%
净利率更高
RKLB
高出230.2%
-259.7%
自由现金流更多
RKLB
多$20.6M
$-134.8M
两年增速更快
RKLB
近两年复合增速
-26.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.2M | $179.7M |
| 净利润 | $-847.1M | $-52.9M |
| 毛利率 | 35.5% | 38.0% |
| 营业利润率 | -193.0% | -28.4% |
| 净利率 | -259.7% | -29.5% |
| 营收同比 | -7.0% | 35.7% |
| 净利润同比 | -277.4% | -1.1% |
| 每股收益（稀释后） | $-3.03 | $-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NFERKLB
| Q4 25 | $326.2M | $179.7M | ||
| Q3 25 | $240.3M | $155.1M | ||
| Q2 25 | $228.1M | $144.5M | ||
| Q1 25 | $384.9M | $122.6M | ||
| Q4 24 | $350.7M | $132.4M | ||
| Q3 24 | $446.0M | $104.8M | ||
| Q2 24 | $291.2M | $106.3M | ||
| Q1 24 | $609.5M | $92.8M |
净利润NFERKLB
| Q4 25 | $-847.1M | $-52.9M | ||
| Q3 25 | $-263.0M | $-18.3M | ||
| Q2 25 | $-546.5M | $-66.4M | ||
| Q1 25 | $-175.4M | $-60.6M | ||
| Q4 24 | $-224.4M | $-52.3M | ||
| Q3 24 | $9.3M | $-51.9M | ||
| Q2 24 | $-88.9M | $-41.6M | ||
| Q1 24 | $54.1M | $-44.3M |
毛利率NFERKLB
| Q4 25 | 35.5% | 38.0% | ||
| Q3 25 | 18.1% | 37.0% | ||
| Q2 25 | 8.4% | 32.1% | ||
| Q1 25 | 21.4% | 28.8% | ||
| Q4 24 | 17.6% | 27.8% | ||
| Q3 24 | 27.1% | 26.7% | ||
| Q2 24 | 23.8% | 25.6% | ||
| Q1 24 | 62.4% | 26.1% |
营业利润率NFERKLB
| Q4 25 | -193.0% | -28.4% | ||
| Q3 25 | -37.4% | -38.0% | ||
| Q2 25 | -170.3% | -41.3% | ||
| Q1 25 | -3.3% | -48.3% | ||
| Q4 24 | 65.0% | -38.9% | ||
| Q3 24 | 17.8% | -49.5% | ||
| Q2 24 | 12.3% | -40.7% | ||
| Q1 24 | 30.4% | -46.4% |
净利率NFERKLB
| Q4 25 | -259.7% | -29.5% | ||
| Q3 25 | -109.4% | -11.8% | ||
| Q2 25 | -239.6% | -46.0% | ||
| Q1 25 | -45.6% | -49.5% | ||
| Q4 24 | -64.0% | -39.5% | ||
| Q3 24 | 2.1% | -49.6% | ||
| Q2 24 | -30.5% | -39.2% | ||
| Q1 24 | 8.9% | -47.7% |
每股收益（稀释后）NFERKLB
| Q4 25 | $-3.03 | $-0.09 | ||
| Q3 25 | $-0.96 | $-0.03 | ||
| Q2 25 | $-1.99 | $-0.13 | ||
| Q1 25 | $-0.65 | $-0.12 | ||
| Q4 24 | $-1.10 | $-0.11 | ||
| Q3 24 | $0.03 | $-0.10 | ||
| Q2 24 | $-0.42 | $-0.08 | ||
| Q1 24 | $0.23 | $-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 | $226.5M | $1.0B |
| 总债务越低越好 | $8.2B | $152.4M |
| 股东权益账面价值 | $182.6M | $1.7B |
| 总资产 | $10.6B | $2.3B |
| 负债/权益比越低杠杆越低 | 44.78× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NFERKLB
| Q4 25 | $226.5M | $1.0B | ||
| Q3 25 | $145.2M | $976.7M | ||
| Q2 25 | $551.1M | $688.1M | ||
| Q1 25 | $447.9M | $428.4M | ||
| Q4 24 | $492.9M | $419.0M | ||
| Q3 24 | $90.8M | $442.4M | ||
| Q2 24 | $133.0M | $496.8M | ||
| Q1 24 | $143.5M | $492.5M |
总债务NFERKLB
| Q4 25 | $8.2B | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $8.9B | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益NFERKLB
| Q4 25 | $182.6M | $1.7B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.3B | $688.5M | ||
| Q1 25 | $1.8B | $431.3M | ||
| Q4 24 | $1.9B | $382.5M | ||
| Q3 24 | $1.6B | $419.8M | ||
| Q2 24 | $1.6B | $455.2M | ||
| Q1 24 | $1.7B | $478.9M |
总资产NFERKLB
| Q4 25 | $10.6B | $2.3B | ||
| Q3 25 | $12.0B | $2.2B | ||
| Q2 25 | $12.0B | $1.6B | ||
| Q1 25 | $13.1B | $1.3B | ||
| Q4 24 | $12.9B | $1.2B | ||
| Q3 24 | $12.0B | $1.2B | ||
| Q2 24 | $11.4B | $1.2B | ||
| Q1 24 | $10.9B | $1.2B |
负债/权益比NFERKLB
| Q4 25 | 44.78× | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 4.74× | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 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 | $-76.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-134.8M | $-114.2M |
| 自由现金流率自由现金流/营收 | -41.3% | -63.6% |
| 资本支出强度资本支出/营收 | 18.0% | 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 | $-1.4B | $-321.8M |
8季度趋势，按日历期对齐
经营现金流NFERKLB
| Q4 25 | $-76.2M | $-64.5M | ||
| Q3 25 | $-171.0M | $-23.5M | ||
| Q2 25 | $-329.0M | $-23.2M | ||
| Q1 25 | $-7.2M | $-54.2M | ||
| Q4 24 | $445.3M | $-2.4M | ||
| Q3 24 | $-20.0M | $-30.9M | ||
| Q2 24 | $113.9M | $-13.0M | ||
| Q1 24 | $63.0M | $-2.6M |
自由现金流NFERKLB
| Q4 25 | $-134.8M | $-114.2M | ||
| Q3 25 | $-231.6M | $-69.4M | ||
| Q2 25 | $-726.7M | $-55.3M | ||
| Q1 25 | $-262.3M | $-82.9M | ||
| Q4 24 | $-210.3M | $-23.9M | ||
| Q3 24 | $-367.0M | $-41.9M | ||
| Q2 24 | $-493.2M | $-28.3M | ||
| Q1 24 | $-457.9M | $-21.8M |
自由现金流率NFERKLB
| Q4 25 | -41.3% | -63.6% | ||
| Q3 25 | -96.4% | -44.8% | ||
| Q2 25 | -318.6% | -38.3% | ||
| Q1 25 | -68.2% | -67.6% | ||
| Q4 24 | -60.0% | -18.1% | ||
| Q3 24 | -82.3% | -40.0% | ||
| Q2 24 | -169.3% | -26.7% | ||
| Q1 24 | -75.1% | -23.5% |
资本支出强度NFERKLB
| Q4 25 | 18.0% | 27.6% | ||
| Q3 25 | 25.2% | 29.6% | ||
| Q2 25 | 174.4% | 22.2% | ||
| Q1 25 | 66.3% | 23.4% | ||
| Q4 24 | 187.0% | 16.3% | ||
| Q3 24 | 77.8% | 10.5% | ||
| Q2 24 | 208.4% | 14.4% | ||
| Q1 24 | 85.5% | 20.7% |
现金转化率NFERKLB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.15× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.16× | — |
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
NFE
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
