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NNN REIT, INC.（NNN）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
NNN REIT, INC.的季度营收约是Rocket Lab Corp的1.3倍（$240.4M vs $179.7M），NNN REIT, INC.净利率更高（39.1% vs -29.5%，领先68.5%），Rocket Lab Corp同比增速更快（35.7% vs 4.1%），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 5.3%）
NNN REIT是一家专业房地产投资信托机构，主要投资附带长期三净租约的餐饮类物业，交易多采用售后回租模式。公司注册地为美国马里兰州，总部位于佛罗里达州奥兰多市。
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。
NNN vs RKLB — 直观对比
营收规模更大
NNN
是对方的1.3倍
$179.7M
营收增速更快
RKLB
高出31.6%
4.1%
净利率更高
NNN
高出68.5%
-29.5%
两年增速更快
RKLB
近两年复合增速
5.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $240.4M | $179.7M |
| 净利润 | $94.0M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 61.0% | -28.4% |
| 净利率 | 39.1% | -29.5% |
| 营收同比 | 4.1% | 35.7% |
| 净利润同比 | -2.6% | -1.1% |
| 每股收益（稀释后） | $0.50 | $-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NNNRKLB
| Q1 26 | $240.4M | — | ||
| Q4 25 | $238.4M | $179.7M | ||
| Q3 25 | $230.2M | $155.1M | ||
| Q2 25 | $226.8M | $144.5M | ||
| Q1 25 | $230.9M | $122.6M | ||
| Q4 24 | $218.5M | $132.4M | ||
| Q3 24 | $218.6M | $104.8M | ||
| Q2 24 | $216.8M | $106.3M |
净利润NNNRKLB
| Q1 26 | $94.0M | — | ||
| Q4 25 | $96.0M | $-52.9M | ||
| Q3 25 | $96.8M | $-18.3M | ||
| Q2 25 | $100.5M | $-66.4M | ||
| Q1 25 | $96.5M | $-60.6M | ||
| Q4 24 | $97.9M | $-52.3M | ||
| Q3 24 | $97.9M | $-51.9M | ||
| Q2 24 | $106.7M | $-41.6M |
毛利率NNNRKLB
| Q1 26 | — | — | ||
| 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% |
营业利润率NNNRKLB
| Q1 26 | 61.0% | — | ||
| Q4 25 | 62.3% | -28.4% | ||
| Q3 25 | 64.0% | -38.0% | ||
| Q2 25 | 66.0% | -41.3% | ||
| Q1 25 | 62.3% | -48.3% | ||
| Q4 24 | 65.8% | -38.9% | ||
| Q3 24 | 65.7% | -49.5% | ||
| Q2 24 | 70.2% | -40.7% |
净利率NNNRKLB
| Q1 26 | 39.1% | — | ||
| Q4 25 | 40.2% | -29.5% | ||
| Q3 25 | 42.1% | -11.8% | ||
| Q2 25 | 44.3% | -46.0% | ||
| Q1 25 | 41.8% | -49.5% | ||
| Q4 24 | 44.8% | -39.5% | ||
| Q3 24 | 44.8% | -49.6% | ||
| Q2 24 | 49.2% | -39.2% |
每股收益（稀释后）NNNRKLB
| Q1 26 | $0.50 | — | ||
| Q4 25 | $0.51 | $-0.09 | ||
| Q3 25 | $0.51 | $-0.03 | ||
| Q2 25 | $0.54 | $-0.13 | ||
| Q1 25 | $0.51 | $-0.12 | ||
| Q4 24 | $0.52 | $-0.11 | ||
| Q3 24 | $0.53 | $-0.10 | ||
| Q2 24 | $0.58 | $-0.08 |
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 | $4.6M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $4.4B | $1.7B |
| 总资产 | $9.4B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NNNRKLB
| Q1 26 | $4.6M | — | ||
| Q4 25 | $5.0M | $1.0B | ||
| Q3 25 | $157.9M | $976.7M | ||
| Q2 25 | $6.0M | $688.1M | ||
| Q1 25 | $5.1M | $428.4M | ||
| Q4 24 | $8.7M | $419.0M | ||
| Q3 24 | $173.5M | $442.4M | ||
| Q2 24 | $2.1M | $496.8M |
总债务NNNRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M |
股东权益NNNRKLB
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.4B | $1.7B | ||
| Q3 25 | $4.4B | $1.3B | ||
| Q2 25 | $4.4B | $688.5M | ||
| Q1 25 | $4.4B | $431.3M | ||
| Q4 24 | $4.4B | $382.5M | ||
| Q3 24 | $4.4B | $419.8M | ||
| Q2 24 | $4.2B | $455.2M |
总资产NNNRKLB
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.4B | $2.3B | ||
| Q3 25 | $9.5B | $2.2B | ||
| Q2 25 | $9.1B | $1.6B | ||
| Q1 25 | $9.0B | $1.3B | ||
| Q4 24 | $8.9B | $1.2B | ||
| Q3 24 | $8.9B | $1.2B | ||
| Q2 24 | $8.7B | $1.2B |
负债/权益比NNNRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 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 | — | $-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NNNRKLB
| Q1 26 | — | — | ||
| Q4 25 | $667.1M | $-64.5M | ||
| Q3 25 | $218.3M | $-23.5M | ||
| Q2 25 | $119.4M | $-23.2M | ||
| Q1 25 | $203.3M | $-54.2M | ||
| Q4 24 | $635.5M | $-2.4M | ||
| Q3 24 | $206.6M | $-30.9M | ||
| Q2 24 | $120.5M | $-13.0M |
自由现金流NNNRKLB
| Q1 26 | — | — | ||
| 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 |
自由现金流率NNNRKLB
| Q1 26 | — | — | ||
| 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% |
资本支出强度NNNRKLB
| Q1 26 | — | — | ||
| 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% |
现金转化率NNNRKLB
| Q1 26 | — | — | ||
| Q4 25 | 6.95× | — | ||
| Q3 25 | 2.25× | — | ||
| Q2 25 | 1.19× | — | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | 6.49× | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 1.13× | — |
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
NNN
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
