vs
OSI SYSTEMS INC（OSIS）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
OSI SYSTEMS INC的季度营收约是Rocket Lab Corp的2.6倍（$464.1M vs $179.7M），OSI SYSTEMS INC净利率更高（8.3% vs -29.5%，领先37.8%），Rocket Lab Corp同比增速更快（35.7% vs 10.5%），OSI SYSTEMS INC自由现金流更多（$55.5M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 7.0%）
OSI系统公司是总部位于美国加利福尼亚州的企业，主营安全检测系统、医疗设备及光电器件三大业务板块，产品涵盖机场安检X光机、金属探测器、医疗监护与麻醉系统等，旗下拥有Spacelabs Healthcare、Rapiscan Systems、OSI Optoelectronics等子公司，全球员工规模约3180人。
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。
OSIS vs RKLB — 直观对比
营收规模更大
OSIS
是对方的2.6倍
$179.7M
营收增速更快
RKLB
高出25.2%
10.5%
净利率更高
OSIS
高出37.8%
-29.5%
自由现金流更多
OSIS
多$169.7M
$-114.2M
两年增速更快
RKLB
近两年复合增速
7.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $464.1M | $179.7M |
| 净利润 | $38.7M | $-52.9M |
| 毛利率 | 32.7% | 38.0% |
| 营业利润率 | 12.7% | -28.4% |
| 净利率 | 8.3% | -29.5% |
| 营收同比 | 10.5% | 35.7% |
| 净利润同比 | 2.3% | -1.1% |
| 每股收益（稀释后） | $2.22 | $-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OSISRKLB
| Q4 25 | $464.1M | $179.7M | ||
| Q3 25 | $384.6M | $155.1M | ||
| Q2 25 | $505.0M | $144.5M | ||
| Q1 25 | $444.4M | $122.6M | ||
| Q4 24 | $419.8M | $132.4M | ||
| Q3 24 | $344.0M | $104.8M | ||
| Q2 24 | $480.9M | $106.3M | ||
| Q1 24 | $405.4M | $92.8M |
净利润OSISRKLB
| Q4 25 | $38.7M | $-52.9M | ||
| Q3 25 | $20.6M | $-18.3M | ||
| Q2 25 | $52.7M | $-66.4M | ||
| Q1 25 | $41.1M | $-60.6M | ||
| Q4 24 | $37.8M | $-52.3M | ||
| Q3 24 | $17.9M | $-51.9M | ||
| Q2 24 | $44.7M | $-41.6M | ||
| Q1 24 | $34.0M | $-44.3M |
毛利率OSISRKLB
| Q4 25 | 32.7% | 38.0% | ||
| Q3 25 | 32.0% | 37.0% | ||
| Q2 25 | 33.3% | 32.1% | ||
| Q1 25 | 33.8% | 28.8% | ||
| Q4 24 | 35.1% | 27.8% | ||
| Q3 24 | 35.3% | 26.7% | ||
| Q2 24 | 32.1% | 25.6% | ||
| Q1 24 | 33.6% | 26.1% |
营业利润率OSISRKLB
| Q4 25 | 12.7% | -28.4% | ||
| Q3 25 | 8.6% | -38.0% | ||
| Q2 25 | 14.5% | -41.3% | ||
| Q1 25 | 12.7% | -48.3% | ||
| Q4 24 | 13.8% | -38.9% | ||
| Q3 24 | 8.8% | -49.5% | ||
| Q2 24 | 13.1% | -40.7% | ||
| Q1 24 | 12.7% | -46.4% |
净利率OSISRKLB
| Q4 25 | 8.3% | -29.5% | ||
| Q3 25 | 5.3% | -11.8% | ||
| Q2 25 | 10.4% | -46.0% | ||
| Q1 25 | 9.3% | -49.5% | ||
| Q4 24 | 9.0% | -39.5% | ||
| Q3 24 | 5.2% | -49.6% | ||
| Q2 24 | 9.3% | -39.2% | ||
| Q1 24 | 8.4% | -47.7% |
每股收益（稀释后）OSISRKLB
| Q4 25 | $2.22 | $-0.09 | ||
| Q3 25 | $1.18 | $-0.03 | ||
| Q2 25 | $3.04 | $-0.13 | ||
| Q1 25 | $2.40 | $-0.12 | ||
| Q4 24 | $2.22 | $-0.11 | ||
| Q3 24 | $1.05 | $-0.10 | ||
| Q2 24 | $2.57 | $-0.08 | ||
| Q1 24 | $1.95 | $-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 | $336.7M | $1.0B |
| 总债务越低越好 | $1.0B | $152.4M |
| 股东权益账面价值 | $845.5M | $1.7B |
| 总资产 | $2.5B | $2.3B |
| 负债/权益比越低杠杆越低 | 1.19× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资OSISRKLB
| Q4 25 | $336.7M | $1.0B | ||
| Q3 25 | $124.4M | $976.7M | ||
| Q2 25 | $106.4M | $688.1M | ||
| Q1 25 | $95.8M | $428.4M | ||
| Q4 24 | $101.6M | $419.0M | ||
| Q3 24 | $85.1M | $442.4M | ||
| Q2 24 | $95.4M | $496.8M | ||
| Q1 24 | $101.4M | $492.5M |
总债务OSISRKLB
| Q4 25 | $1.0B | $152.4M | ||
| Q3 25 | $442.2M | $347.0M | ||
| Q2 25 | $471.6M | $346.5M | ||
| Q1 25 | $473.2M | $345.9M | ||
| Q4 24 | $474.8M | $345.4M | ||
| Q3 24 | $476.3M | $61.2M | ||
| Q2 24 | $137.6M | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益OSISRKLB
| Q4 25 | $845.5M | $1.7B | ||
| Q3 25 | $946.0M | $1.3B | ||
| Q2 25 | $951.1M | $688.5M | ||
| Q1 25 | $879.3M | $431.3M | ||
| Q4 24 | $825.8M | $382.5M | ||
| Q3 24 | $786.5M | $419.8M | ||
| Q2 24 | $863.5M | $455.2M | ||
| Q1 24 | $813.4M | $478.9M |
总资产OSISRKLB
| Q4 25 | $2.5B | $2.3B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $1.8B | $1.2B |
负债/权益比OSISRKLB
| Q4 25 | 1.19× | 0.09× | ||
| Q3 25 | 0.47× | 0.27× | ||
| Q2 25 | 0.50× | 0.50× | ||
| Q1 25 | 0.54× | 0.80× | ||
| Q4 24 | 0.57× | 0.90× | ||
| Q3 24 | 0.61× | 0.15× | ||
| Q2 24 | 0.16× | 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 | $62.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $55.5M | $-114.2M |
| 自由现金流率自由现金流/营收 | 12.0% | -63.6% |
| 资本支出强度资本支出/营收 | 1.4% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.61× | — |
| 过去12个月自由现金流最近4个季度 | $137.2M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流OSISRKLB
| Q4 25 | $62.2M | $-64.5M | ||
| Q3 25 | $17.1M | $-23.5M | ||
| Q2 25 | $562.0K | $-23.2M | ||
| Q1 25 | $81.6M | $-54.2M | ||
| Q4 24 | $52.5M | $-2.4M | ||
| Q3 24 | $-37.2M | $-30.9M | ||
| Q2 24 | $-29.0M | $-13.0M | ||
| Q1 24 | $-52.1M | $-2.6M |
自由现金流OSISRKLB
| Q4 25 | $55.5M | $-114.2M | ||
| Q3 25 | $10.1M | $-69.4M | ||
| Q2 25 | $-5.6M | $-55.3M | ||
| Q1 25 | $77.1M | $-82.9M | ||
| Q4 24 | $47.1M | $-23.9M | ||
| Q3 24 | $-44.9M | $-41.9M | ||
| Q2 24 | $-37.5M | $-28.3M | ||
| Q1 24 | $-57.0M | $-21.8M |
自由现金流率OSISRKLB
| Q4 25 | 12.0% | -63.6% | ||
| Q3 25 | 2.6% | -44.8% | ||
| Q2 25 | -1.1% | -38.3% | ||
| Q1 25 | 17.4% | -67.6% | ||
| Q4 24 | 11.2% | -18.1% | ||
| Q3 24 | -13.0% | -40.0% | ||
| Q2 24 | -7.8% | -26.7% | ||
| Q1 24 | -14.1% | -23.5% |
资本支出强度OSISRKLB
| Q4 25 | 1.4% | 27.6% | ||
| Q3 25 | 1.8% | 29.6% | ||
| Q2 25 | 1.2% | 22.2% | ||
| Q1 25 | 1.0% | 23.4% | ||
| Q4 24 | 1.3% | 16.3% | ||
| Q3 24 | 2.2% | 10.5% | ||
| Q2 24 | 1.8% | 14.4% | ||
| Q1 24 | 1.2% | 20.7% |
现金转化率OSISRKLB
| Q4 25 | 1.61× | — | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 1.98× | — | ||
| Q4 24 | 1.39× | — | ||
| Q3 24 | -2.07× | — | ||
| Q2 24 | -0.65× | — | ||
| Q1 24 | -1.53× | — |
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
OSIS
| Security Division | $334.7M | 72% |
| Optoelectronics And Manufacturing Division | $92.8M | 20% |
| Healthcare Division | $36.5M | 8% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
