vs
NETSCOUT SYSTEMS INC（NTCT）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
NETSCOUT SYSTEMS INC的季度营收约是Rocket Lab Corp的1.4倍（$250.7M vs $179.7M），NETSCOUT SYSTEMS INC净利率更高（22.0% vs -29.5%，领先51.5%），Rocket Lab Corp同比增速更快（35.7% vs -0.5%），NETSCOUT SYSTEMS INC自由现金流更多（$59.3M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 11.0%）
NETSCOUT SYSTEMS INC是美国科技企业，1984年由阿尼尔·辛哈尔与纳伦德拉·波帕特创立，前身为Frontier Software，总部位于马萨诸塞州韦斯特福德。公司专注于软件可观测性、深度数据包检测、DDoS防护及AIOps领域，为客户提供相关技术解决方案。
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。
NTCT vs RKLB — 直观对比
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $250.7M | $179.7M |
| 净利润 | $55.1M | $-52.9M |
| 毛利率 | 81.6% | 38.0% |
| 营业利润率 | 25.7% | -28.4% |
| 净利率 | 22.0% | -29.5% |
| 营收同比 | -0.5% | 35.7% |
| 净利润同比 | 13.0% | -1.1% |
| 每股收益（稀释后） | $0.75 | $-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
| Q4 25 | $250.7M | $179.7M | ||
| Q3 25 | $219.0M | $155.1M | ||
| Q2 25 | $186.7M | $144.5M | ||
| Q1 25 | $205.0M | $122.6M | ||
| Q4 24 | $252.0M | $132.4M | ||
| Q3 24 | $191.1M | $104.8M | ||
| Q2 24 | $174.6M | $106.3M | ||
| Q1 24 | $203.4M | $92.8M |
| Q4 25 | $55.1M | $-52.9M | ||
| Q3 25 | $25.8M | $-18.3M | ||
| Q2 25 | $-3.7M | $-66.4M | ||
| Q1 25 | $18.6M | $-60.6M | ||
| Q4 24 | $48.8M | $-52.3M | ||
| Q3 24 | $9.0M | $-51.9M | ||
| Q2 24 | $-443.4M | $-41.6M | ||
| Q1 24 | $-32.4M | $-44.3M |
| Q4 25 | 81.6% | 38.0% | ||
| Q3 25 | 80.1% | 37.0% | ||
| Q2 25 | 76.7% | 32.1% | ||
| Q1 25 | 77.7% | 28.8% | ||
| Q4 24 | 81.5% | 27.8% | ||
| Q3 24 | 78.0% | 26.7% | ||
| Q2 24 | 74.6% | 25.6% | ||
| Q1 24 | 75.3% | 26.1% |
| Q4 25 | 25.7% | -28.4% | ||
| Q3 25 | 14.8% | -38.0% | ||
| Q2 25 | -3.5% | -41.3% | ||
| Q1 25 | 9.7% | -48.3% | ||
| Q4 24 | 24.5% | -38.9% | ||
| Q3 24 | 7.4% | -49.5% | ||
| Q2 24 | -265.4% | -40.7% | ||
| Q1 24 | -18.2% | -46.4% |
| Q4 25 | 22.0% | -29.5% | ||
| Q3 25 | 11.8% | -11.8% | ||
| Q2 25 | -2.0% | -46.0% | ||
| Q1 25 | 9.1% | -49.5% | ||
| Q4 24 | 19.4% | -39.5% | ||
| Q3 24 | 4.7% | -49.6% | ||
| Q2 24 | -254.0% | -39.2% | ||
| Q1 24 | -15.9% | -47.7% |
| Q4 25 | $0.75 | $-0.09 | ||
| Q3 25 | $0.35 | $-0.03 | ||
| Q2 25 | $-0.05 | $-0.13 | ||
| Q1 25 | $0.28 | $-0.12 | ||
| Q4 24 | $0.67 | $-0.11 | ||
| Q3 24 | $0.13 | $-0.10 | ||
| Q2 24 | $-6.20 | $-0.08 | ||
| Q1 24 | $-0.43 | $-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 | $540.6M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $1.6B | $1.7B |
| 总资产 | $2.3B | $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
| Q4 25 | $540.6M | $1.0B | ||
| Q3 25 | $483.4M | $976.7M | ||
| Q2 25 | $489.6M | $688.1M | ||
| Q1 25 | $457.4M | $428.4M | ||
| Q4 24 | $398.4M | $419.0M | ||
| Q3 24 | $363.4M | $442.4M | ||
| Q2 24 | $362.2M | $496.8M | ||
| Q1 24 | $389.7M | $492.5M |
| 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 | ||
| Q1 24 | — | $66.8M |
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.5B | $688.5M | ||
| Q1 25 | $1.6B | $431.3M | ||
| Q4 24 | $1.5B | $382.5M | ||
| Q3 24 | $1.5B | $419.8M | ||
| Q2 24 | $1.4B | $455.2M | ||
| Q1 24 | $1.9B | $478.9M |
| Q4 25 | $2.3B | $2.3B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.2B | $1.3B | ||
| Q4 24 | $2.2B | $1.2B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $2.1B | $1.2B | ||
| Q1 24 | $2.6B | $1.2B |
| 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× | ||
| 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 | $62.1M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $59.3M | $-114.2M |
| 自由现金流率自由现金流/营收 | 23.6% | -63.6% |
| 资本支出强度资本支出/营收 | 1.1% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.13× | — |
| 过去12个月自由现金流最近4个季度 | $275.5M | $-321.8M |
8季度趋势，按日历期对齐
| Q4 25 | $62.1M | $-64.5M | ||
| Q3 25 | $6.7M | $-23.5M | ||
| Q2 25 | $73.6M | $-23.2M | ||
| Q1 25 | $141.5M | $-54.2M | ||
| Q4 24 | $41.5M | $-2.4M | ||
| Q3 24 | $-3.7M | $-30.9M | ||
| Q2 24 | $38.4M | $-13.0M | ||
| Q1 24 | $93.6M | $-2.6M |
| Q4 25 | $59.3M | $-114.2M | ||
| Q3 25 | $4.4M | $-69.4M | ||
| Q2 25 | $71.7M | $-55.3M | ||
| Q1 25 | $140.1M | $-82.9M | ||
| Q4 24 | $39.6M | $-23.9M | ||
| Q3 24 | $-4.6M | $-41.9M | ||
| Q2 24 | $37.2M | $-28.3M | ||
| Q1 24 | $92.0M | $-21.8M |
| Q4 25 | 23.6% | -63.6% | ||
| Q3 25 | 2.0% | -44.8% | ||
| Q2 25 | 38.4% | -38.3% | ||
| Q1 25 | 68.4% | -67.6% | ||
| Q4 24 | 15.7% | -18.1% | ||
| Q3 24 | -2.4% | -40.0% | ||
| Q2 24 | 21.3% | -26.7% | ||
| Q1 24 | 45.2% | -23.5% |
| Q4 25 | 1.1% | 27.6% | ||
| Q3 25 | 1.0% | 29.6% | ||
| Q2 25 | 1.0% | 22.2% | ||
| Q1 25 | 0.7% | 23.4% | ||
| Q4 24 | 0.7% | 16.3% | ||
| Q3 24 | 0.5% | 10.5% | ||
| Q2 24 | 0.7% | 14.4% | ||
| Q1 24 | 0.8% | 20.7% |
| Q4 25 | 1.13× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 7.60× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | -0.41× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
NTCT
| Services | $129.0M | 51% |
| Products | $121.7M | 49% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
