vs
Offerpad Solutions Inc.（OPAD）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Offerpad Solutions Inc.的1.6倍（$179.7M vs $114.1M），Rocket Lab Corp同比增速更快（35.7% vs -34.5%），Offerpad Solutions Inc.自由现金流更多（$65.7M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -36.8%）
Offerpad Solutions Inc是美国知名房地产科技企业，专注于简化住宅房产交易流程，采用iBuyer模式直接向卖家收购房屋，完成翻新后挂牌出售，同时提供按揭、产权服务、灵活搬迁方案等配套服务，业务覆盖美国数十个州。
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。
OPAD vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.6倍
$114.1M
营收增速更快
RKLB
高出70.2%
-34.5%
自由现金流更多
OPAD
多$179.9M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-36.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $114.1M | $179.7M |
| 净利润 | — | $-52.9M |
| 毛利率 | 7.0% | 38.0% |
| 营业利润率 | — | -28.4% |
| 净利率 | — | -29.5% |
| 营收同比 | -34.5% | 35.7% |
| 净利润同比 | 49.1% | -1.1% |
| 每股收益（稀释后） | — | $-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OPADRKLB
| Q4 25 | $114.1M | $179.7M | ||
| Q3 25 | $132.7M | $155.1M | ||
| Q2 25 | $160.3M | $144.5M | ||
| Q1 25 | $160.7M | $122.6M | ||
| Q4 24 | $174.3M | $132.4M | ||
| Q3 24 | $208.1M | $104.8M | ||
| Q2 24 | $251.1M | $106.3M | ||
| Q1 24 | $285.4M | $92.8M |
净利润OPADRKLB
| Q4 25 | — | $-52.9M | ||
| Q3 25 | $-11.6M | $-18.3M | ||
| Q2 25 | $-10.9M | $-66.4M | ||
| Q1 25 | $-15.1M | $-60.6M | ||
| Q4 24 | $-17.3M | $-52.3M | ||
| Q3 24 | $-13.5M | $-51.9M | ||
| Q2 24 | $-13.8M | $-41.6M | ||
| Q1 24 | $-17.5M | $-44.3M |
毛利率OPADRKLB
| Q4 25 | 7.0% | 38.0% | ||
| Q3 25 | 7.0% | 37.0% | ||
| Q2 25 | 8.9% | 32.1% | ||
| Q1 25 | 6.5% | 28.8% | ||
| Q4 24 | 6.1% | 27.8% | ||
| Q3 24 | 8.2% | 26.7% | ||
| Q2 24 | 8.7% | 25.6% | ||
| Q1 24 | 7.9% | 26.1% |
营业利润率OPADRKLB
| Q4 25 | — | -28.4% | ||
| Q3 25 | -5.1% | -38.0% | ||
| Q2 25 | -4.9% | -41.3% | ||
| Q1 25 | -7.2% | -48.3% | ||
| Q4 24 | -7.8% | -38.9% | ||
| Q3 24 | -4.3% | -49.5% | ||
| Q2 24 | -3.9% | -40.7% | ||
| Q1 24 | -4.8% | -46.4% |
净利率OPADRKLB
| Q4 25 | — | -29.5% | ||
| Q3 25 | -8.7% | -11.8% | ||
| Q2 25 | -6.8% | -46.0% | ||
| Q1 25 | -9.4% | -49.5% | ||
| Q4 24 | -9.9% | -39.5% | ||
| Q3 24 | -6.5% | -49.6% | ||
| Q2 24 | -5.5% | -39.2% | ||
| Q1 24 | -6.1% | -47.7% |
每股收益（稀释后）OPADRKLB
| Q4 25 | — | $-0.09 | ||
| Q3 25 | $-0.37 | $-0.03 | ||
| Q2 25 | $-0.39 | $-0.13 | ||
| Q1 25 | $-0.55 | $-0.12 | ||
| Q4 24 | $-0.64 | $-0.11 | ||
| Q3 24 | $-0.49 | $-0.10 | ||
| Q2 24 | $-0.50 | $-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 | $26.5M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $38.2M | $1.7B |
| 总资产 | $154.8M | $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OPADRKLB
| Q4 25 | $26.5M | $1.0B | ||
| Q3 25 | $31.0M | $976.7M | ||
| Q2 25 | $22.6M | $688.1M | ||
| Q1 25 | $30.8M | $428.4M | ||
| Q4 24 | $43.0M | $419.0M | ||
| Q3 24 | $48.5M | $442.4M | ||
| Q2 24 | $56.9M | $496.8M | ||
| Q1 24 | $68.5M | $492.5M |
总债务OPADRKLB
| 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 |
股东权益OPADRKLB
| Q4 25 | $38.2M | $1.7B | ||
| Q3 25 | $39.9M | $1.3B | ||
| Q2 25 | $24.5M | $688.5M | ||
| Q1 25 | $34.2M | $431.3M | ||
| Q4 24 | $47.7M | $382.5M | ||
| Q3 24 | $64.7M | $419.8M | ||
| Q2 24 | $77.6M | $455.2M | ||
| Q1 24 | $88.1M | $478.9M |
总资产OPADRKLB
| Q4 25 | $154.8M | $2.3B | ||
| Q3 25 | $223.5M | $2.2B | ||
| Q2 25 | $268.0M | $1.6B | ||
| Q1 25 | $274.5M | $1.3B | ||
| Q4 24 | $313.1M | $1.2B | ||
| Q3 24 | $338.5M | $1.2B | ||
| Q2 24 | $406.6M | $1.2B | ||
| Q1 24 | $369.7M | $1.2B |
负债/权益比OPADRKLB
| 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 | $66.8M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $65.7M | $-114.2M |
| 自由现金流率自由现金流/营收 | 57.6% | -63.6% |
| 资本支出强度资本支出/营收 | 0.9% | 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OPADRKLB
| Q4 25 | $66.8M | $-64.5M | ||
| Q3 25 | $40.0M | $-23.5M | ||
| Q2 25 | $-13.5M | $-23.2M | ||
| Q1 25 | $-10.2M | $-54.2M | ||
| Q4 24 | $20.8M | $-2.4M | ||
| Q3 24 | $39.6M | $-30.9M | ||
| Q2 24 | $-54.4M | $-13.0M | ||
| Q1 24 | $2.4M | $-2.6M |
自由现金流OPADRKLB
| Q4 25 | $65.7M | $-114.2M | ||
| Q3 25 | — | $-69.4M | ||
| Q2 25 | $-13.6M | $-55.3M | ||
| Q1 25 | $-11.2M | $-82.9M | ||
| Q4 24 | $15.4M | $-23.9M | ||
| Q3 24 | $38.7M | $-41.9M | ||
| Q2 24 | $-54.4M | $-28.3M | ||
| Q1 24 | $2.0M | $-21.8M |
自由现金流率OPADRKLB
| Q4 25 | 57.6% | -63.6% | ||
| Q3 25 | — | -44.8% | ||
| Q2 25 | -8.5% | -38.3% | ||
| Q1 25 | -7.0% | -67.6% | ||
| Q4 24 | 8.9% | -18.1% | ||
| Q3 24 | 18.6% | -40.0% | ||
| Q2 24 | -21.7% | -26.7% | ||
| Q1 24 | 0.7% | -23.5% |
资本支出强度OPADRKLB
| Q4 25 | 0.9% | 27.6% | ||
| Q3 25 | 0.0% | 29.6% | ||
| Q2 25 | 0.1% | 22.2% | ||
| Q1 25 | 0.6% | 23.4% | ||
| Q4 24 | 3.1% | 16.3% | ||
| Q3 24 | 0.4% | 10.5% | ||
| Q2 24 | 0.0% | 14.4% | ||
| Q1 24 | 0.1% | 20.7% |
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
OPAD
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
