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PAMT CORP（PAMT）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
PAMT CORP的季度营收约是Planet Labs PBC的1.7倍（$141.3M vs $81.3M），PAMT CORP净利率更高（-20.7% vs -72.8%，领先52.1%），Planet Labs PBC同比增速更快（32.6% vs -15.1%），Planet Labs PBC自由现金流更多（$1.9M vs $-25.0M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs -12.0%）
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
PAMT vs PL — 直观对比
营收规模更大
PAMT
是对方的1.7倍
$81.3M
营收增速更快
PL
高出47.8%
-15.1%
净利率更高
PAMT
高出52.1%
-72.8%
自由现金流更多
PL
多$26.9M
$-25.0M
两年增速更快
PL
近两年复合增速
-12.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $141.3M | $81.3M |
| 净利润 | $-29.3M | $-59.2M |
| 毛利率 | — | 57.3% |
| 营业利润率 | -27.0% | -22.6% |
| 净利率 | -20.7% | -72.8% |
| 营收同比 | -15.1% | 32.6% |
| 净利润同比 | 7.4% | -194.7% |
| 每股收益（稀释后） | $-1.38 | $-0.19 |
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PAMTPL
| Q4 25 | $141.3M | $81.3M | ||
| Q3 25 | $150.3M | $73.4M | ||
| Q2 25 | $151.1M | $66.3M | ||
| Q1 25 | $155.3M | $61.6M | ||
| Q4 24 | $166.5M | $61.3M | ||
| Q3 24 | $182.6M | $61.1M | ||
| Q2 24 | $182.9M | $60.4M | ||
| Q1 24 | $182.6M | $58.9M |
净利润PAMTPL
| Q4 25 | $-29.3M | $-59.2M | ||
| Q3 25 | $-5.6M | $-22.6M | ||
| Q2 25 | $-9.6M | $-12.6M | ||
| Q1 25 | $-8.1M | $-35.2M | ||
| Q4 24 | $-31.6M | $-20.1M | ||
| Q3 24 | $2.4M | $-38.7M | ||
| Q2 24 | $-2.9M | $-29.3M | ||
| Q1 24 | $281.0K | $-30.1M |
毛利率PAMTPL
| Q4 25 | — | 57.3% | ||
| Q3 25 | — | 57.6% | ||
| Q2 25 | — | 55.2% | ||
| Q1 25 | — | 62.1% | ||
| Q4 24 | — | 61.2% | ||
| Q3 24 | — | 52.9% | ||
| Q2 24 | — | 52.4% | ||
| Q1 24 | — | 55.2% |
营业利润率PAMTPL
| Q4 25 | -27.0% | -22.6% | ||
| Q3 25 | -3.8% | -24.5% | ||
| Q2 25 | -7.3% | -34.4% | ||
| Q1 25 | -5.9% | -31.5% | ||
| Q4 24 | -22.6% | -36.9% | ||
| Q3 24 | 1.3% | -64.8% | ||
| Q2 24 | -0.4% | -57.2% | ||
| Q1 24 | -0.4% | -57.6% |
净利率PAMTPL
| Q4 25 | -20.7% | -72.8% | ||
| Q3 25 | -3.7% | -30.8% | ||
| Q2 25 | -6.4% | -19.1% | ||
| Q1 25 | -5.2% | -57.1% | ||
| Q4 24 | -19.0% | -32.8% | ||
| Q3 24 | 1.3% | -63.3% | ||
| Q2 24 | -1.6% | -48.5% | ||
| Q1 24 | 0.2% | -51.1% |
每股收益（稀释后）PAMTPL
| Q4 25 | $-1.38 | $-0.19 | ||
| Q3 25 | $-0.27 | $-0.07 | ||
| Q2 25 | $-0.46 | $-0.04 | ||
| Q1 25 | $-0.37 | $-0.12 | ||
| Q4 24 | $-1.44 | $-0.07 | ||
| Q3 24 | $0.11 | $-0.13 | ||
| Q2 24 | $-0.13 | $-0.10 | ||
| Q1 24 | $0.01 | $-0.10 |
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 | $83.7M | $443.3M |
| 总债务越低越好 | $333.9M | — |
| 股东权益账面价值 | $210.5M | $349.6M |
| 总资产 | $697.9M | $1.1B |
| 负债/权益比越低杠杆越低 | 1.59× | — |
8季度趋势，按日历期对齐
现金及短期投资PAMTPL
| Q4 25 | $83.7M | $443.3M | ||
| Q3 25 | $115.6M | $181.1M | ||
| Q2 25 | $117.3M | $133.5M | ||
| Q1 25 | $102.7M | $118.0M | ||
| Q4 24 | $110.7M | $139.0M | ||
| Q3 24 | $92.3M | $148.3M | ||
| Q2 24 | $114.0M | $107.4M | ||
| Q1 24 | $125.8M | $83.9M |
总债务PAMTPL
| Q4 25 | $333.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $325.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PAMTPL
| Q4 25 | $210.5M | $349.6M | ||
| Q3 25 | $239.5M | $435.7M | ||
| Q2 25 | $244.9M | $444.8M | ||
| Q1 25 | $269.6M | $441.3M | ||
| Q4 24 | $277.5M | $464.6M | ||
| Q3 24 | $308.9M | $473.2M | ||
| Q2 24 | $306.7M | $500.3M | ||
| Q1 24 | $314.6M | $518.0M |
总资产PAMTPL
| Q4 25 | $697.9M | $1.1B | ||
| Q3 25 | $715.2M | $696.4M | ||
| Q2 25 | $707.9M | $658.4M | ||
| Q1 25 | $712.6M | $633.8M | ||
| Q4 24 | $741.7M | $630.8M | ||
| Q3 24 | $756.7M | $658.4M | ||
| Q2 24 | $733.5M | $674.6M | ||
| Q1 24 | $746.4M | $702.0M |
负债/权益比PAMTPL
| Q4 25 | 1.59× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-5.8M | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $-25.0M | $1.9M |
| 自由现金流率自由现金流/营收 | -17.7% | 2.3% |
| 资本支出强度资本支出/营收 | 13.6% | 32.9% |
| 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 | $-23.4M | $40.7M |
8季度趋势，按日历期对齐
经营现金流PAMTPL
| Q4 25 | $-5.8M | $28.6M | ||
| Q3 25 | $5.9M | $67.8M | ||
| Q2 25 | $12.2M | $17.3M | ||
| Q1 25 | $5.0M | $-6.3M | ||
| Q4 24 | $15.2M | $4.1M | ||
| Q3 24 | $15.5M | $-7.9M | ||
| Q2 24 | $18.7M | $-4.3M | ||
| Q1 24 | $9.6M | $-6.8M |
自由现金流PAMTPL
| Q4 25 | $-25.0M | $1.9M | ||
| Q3 25 | $2.5M | $47.5M | ||
| Q2 25 | $5.9M | $9.2M | ||
| Q1 25 | $-6.8M | $-17.9M | ||
| Q4 24 | $-39.9M | $-3.6M | ||
| Q3 24 | $-33.6M | $-23.0M | ||
| Q2 24 | $4.1M | $-14.2M | ||
| Q1 24 | $-12.2M | $-15.7M |
自由现金流率PAMTPL
| Q4 25 | -17.7% | 2.3% | ||
| Q3 25 | 1.7% | 64.7% | ||
| Q2 25 | 3.9% | 13.9% | ||
| Q1 25 | -4.4% | -29.1% | ||
| Q4 24 | -24.0% | -5.8% | ||
| Q3 24 | -18.4% | -37.6% | ||
| Q2 24 | 2.2% | -23.6% | ||
| Q1 24 | -6.7% | -26.7% |
资本支出强度PAMTPL
| Q4 25 | 13.6% | 32.9% | ||
| Q3 25 | 2.3% | 27.6% | ||
| Q2 25 | 4.2% | 12.3% | ||
| Q1 25 | 7.6% | 18.9% | ||
| Q4 24 | 33.1% | 12.5% | ||
| Q3 24 | 26.9% | 24.8% | ||
| Q2 24 | 8.0% | 16.4% | ||
| Q1 24 | 12.0% | 15.1% |
现金转化率PAMTPL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.44× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 34.11× | — |
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
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
