vs
OneStream, Inc.（OS）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OneStream, Inc.的1.1倍（$179.7M vs $163.7M），OneStream, Inc.净利率更高（0.6% vs -29.5%，领先30.1%），Rocket Lab Corp同比增速更快（35.7% vs 23.6%），OneStream, Inc.自由现金流更多（$25.6M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 21.8%）
Blue Stream面向美国佛罗里达州科勒尔斯普林斯、韦斯顿两地的居民及商业客户，提供有线电视、有线固话、数字录像服务，以及最高速率达1G的宽带互联网接入服务，深耕当地通信市场，为用户提供稳定可靠的多元通信解决方案。
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。
OS vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.1倍
$163.7M
营收增速更快
RKLB
高出12.1%
23.6%
净利率更高
OS
高出30.1%
-29.5%
自由现金流更多
OS
多$139.8M
$-114.2M
两年增速更快
RKLB
近两年复合增速
21.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $163.7M | $179.7M |
| 净利润 | $999.0K | $-52.9M |
| 毛利率 | 69.8% | 38.0% |
| 营业利润率 | -3.2% | -28.4% |
| 净利率 | 0.6% | -29.5% |
| 营收同比 | 23.6% | 35.7% |
| 净利润同比 | — | -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OSRKLB
| Q4 25 | $163.7M | $179.7M | ||
| Q3 25 | $154.3M | $155.1M | ||
| Q2 25 | $147.6M | $144.5M | ||
| Q1 25 | $136.3M | $122.6M | ||
| Q4 24 | $132.5M | $132.4M | ||
| Q3 24 | $129.1M | $104.8M | ||
| Q2 24 | $117.5M | $106.3M | ||
| Q1 24 | $110.3M | $92.8M |
净利润OSRKLB
| Q4 25 | $999.0K | $-52.9M | ||
| Q3 25 | $-8.8M | $-18.3M | ||
| Q2 25 | $-18.4M | $-66.4M | ||
| Q1 25 | $-24.0M | $-60.6M | ||
| Q4 24 | — | $-52.3M | ||
| Q3 24 | $-171.9M | $-51.9M | ||
| Q2 24 | $-7.8M | $-41.6M | ||
| Q1 24 | $-5.0M | $-44.3M |
毛利率OSRKLB
| Q4 25 | 69.8% | 38.0% | ||
| Q3 25 | 68.1% | 37.0% | ||
| Q2 25 | 68.6% | 32.1% | ||
| Q1 25 | 68.0% | 28.8% | ||
| Q4 24 | 66.8% | 27.8% | ||
| Q3 24 | 50.1% | 26.7% | ||
| Q2 24 | 68.5% | 25.6% | ||
| Q1 24 | 69.1% | 26.1% |
营业利润率OSRKLB
| Q4 25 | -3.2% | -28.4% | ||
| Q3 25 | -11.3% | -38.0% | ||
| Q2 25 | -21.8% | -41.3% | ||
| Q1 25 | -29.3% | -48.3% | ||
| Q4 24 | -35.8% | -38.9% | ||
| Q3 24 | -197.6% | -49.5% | ||
| Q2 24 | -9.8% | -40.7% | ||
| Q1 24 | -4.9% | -46.4% |
净利率OSRKLB
| Q4 25 | 0.6% | -29.5% | ||
| Q3 25 | -5.7% | -11.8% | ||
| Q2 25 | -12.5% | -46.0% | ||
| Q1 25 | -17.6% | -49.5% | ||
| Q4 24 | — | -39.5% | ||
| Q3 24 | -133.1% | -49.6% | ||
| Q2 24 | -6.7% | -39.2% | ||
| Q1 24 | -4.5% | -47.7% |
每股收益（稀释后）OSRKLB
| Q4 25 | — | $-0.09 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | $-1.06 | $-0.10 | ||
| Q2 24 | — | $-0.08 | ||
| Q1 24 | — | $-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 | $693.6M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $504.7M | $1.7B |
| 总资产 | $1.0B | $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OSRKLB
| Q4 25 | $693.6M | $1.0B | ||
| Q3 25 | $653.9M | $976.7M | ||
| Q2 25 | $652.1M | $688.1M | ||
| Q1 25 | $593.9M | $428.4M | ||
| Q4 24 | $544.2M | $419.0M | ||
| Q3 24 | $495.5M | $442.4M | ||
| Q2 24 | $140.5M | $496.8M | ||
| Q1 24 | — | $492.5M |
总债务OSRKLB
| 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OSRKLB
| Q4 25 | $504.7M | $1.7B | ||
| Q3 25 | $472.1M | $1.3B | ||
| Q2 25 | $458.2M | $688.5M | ||
| Q1 25 | $412.9M | $431.3M | ||
| Q4 24 | $386.2M | $382.5M | ||
| Q3 24 | $458.2M | $419.8M | ||
| Q2 24 | $97.5M | $455.2M | ||
| Q1 24 | $102.5M | $478.9M |
总资产OSRKLB
| Q4 25 | $1.0B | $2.3B | ||
| Q3 25 | $949.4M | $2.2B | ||
| Q2 25 | $910.5M | $1.6B | ||
| Q1 25 | $867.3M | $1.3B | ||
| Q4 24 | $823.2M | $1.2B | ||
| Q3 24 | $750.1M | $1.2B | ||
| Q2 24 | $379.7M | $1.2B | ||
| Q1 24 | — | $1.2B |
负债/权益比OSRKLB
| 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 | $25.8M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $25.6M | $-114.2M |
| 自由现金流率自由现金流/营收 | 15.7% | -63.6% |
| 资本支出强度资本支出/营收 | 0.1% | 27.6% |
| 现金转化率经营现金流/净利润 | 25.79× | — |
| 过去12个月自由现金流最近4个季度 | $95.6M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流OSRKLB
| Q4 25 | $25.8M | $-64.5M | ||
| Q3 25 | $5.0M | $-23.5M | ||
| Q2 25 | $29.7M | $-23.2M | ||
| Q1 25 | $36.2M | $-54.2M | ||
| Q4 24 | — | $-2.4M | ||
| Q3 24 | $2.4M | $-30.9M | ||
| Q2 24 | $8.1M | $-13.0M | ||
| Q1 24 | $25.5M | $-2.6M |
自由现金流OSRKLB
| Q4 25 | $25.6M | $-114.2M | ||
| Q3 25 | $4.8M | $-69.4M | ||
| Q2 25 | $29.4M | $-55.3M | ||
| Q1 25 | $35.8M | $-82.9M | ||
| Q4 24 | — | $-23.9M | ||
| Q3 24 | $1.3M | $-41.9M | ||
| Q2 24 | $7.7M | $-28.3M | ||
| Q1 24 | $24.9M | $-21.8M |
自由现金流率OSRKLB
| Q4 25 | 15.7% | -63.6% | ||
| Q3 25 | 3.1% | -44.8% | ||
| Q2 25 | 19.9% | -38.3% | ||
| Q1 25 | 26.3% | -67.6% | ||
| Q4 24 | — | -18.1% | ||
| Q3 24 | 1.0% | -40.0% | ||
| Q2 24 | 6.6% | -26.7% | ||
| Q1 24 | 22.5% | -23.5% |
资本支出强度OSRKLB
| Q4 25 | 0.1% | 27.6% | ||
| Q3 25 | 0.1% | 29.6% | ||
| Q2 25 | 0.2% | 22.2% | ||
| Q1 25 | 0.3% | 23.4% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | 0.8% | 10.5% | ||
| Q2 24 | 0.3% | 14.4% | ||
| Q1 24 | 0.6% | 20.7% |
现金转化率OSRKLB
| Q4 25 | 25.79× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
