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PagerDuty, Inc.（PD）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PagerDuty, Inc.的1.4倍（$179.7M vs $124.5M），PagerDuty, Inc.净利率更高（129.7% vs -29.5%，领先159.2%），Rocket Lab Corp同比增速更快（35.7% vs 4.7%），PagerDuty, Inc.自由现金流更多（$24.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 5.9%）
PagerDuty是一家美国云计算企业，主打面向IT运维部门的SaaS事件管理平台，可帮助企业实时响应运维异常、快速定位并处理故障，保障业务系统稳定运行，目前已成为全球IT运维领域广受认可的数字化解决方案服务商。
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。
PD vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.4倍
$124.5M
营收增速更快
RKLB
高出31.0%
4.7%
净利率更高
PD
高出159.2%
-29.5%
自由现金流更多
PD
多$138.2M
$-114.2M
两年增速更快
RKLB
近两年复合增速
5.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $124.5M | $179.7M |
| 净利润 | $161.6M | $-52.9M |
| 毛利率 | 85.3% | 38.0% |
| 营业利润率 | 6.5% | -28.4% |
| 净利率 | 129.7% | -29.5% |
| 营收同比 | 4.7% | 35.7% |
| 净利润同比 | 2827.7% | -1.1% |
| 每股收益（稀释后） | $1.69 | $-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PDRKLB
| Q4 25 | $124.5M | $179.7M | ||
| Q3 25 | $123.4M | $155.1M | ||
| Q2 25 | $119.8M | $144.5M | ||
| Q1 25 | $121.4M | $122.6M | ||
| Q4 24 | $118.9M | $132.4M | ||
| Q3 24 | $115.9M | $104.8M | ||
| Q2 24 | $111.2M | $106.3M | ||
| Q1 24 | $111.1M | $92.8M |
净利润PDRKLB
| Q4 25 | $161.6M | $-52.9M | ||
| Q3 25 | $9.6M | $-18.3M | ||
| Q2 25 | $-7.2M | $-66.4M | ||
| Q1 25 | $-8.8M | $-60.6M | ||
| Q4 24 | $-5.9M | $-52.3M | ||
| Q3 24 | $-10.9M | $-51.9M | ||
| Q2 24 | $-17.1M | $-41.6M | ||
| Q1 24 | $-28.2M | $-44.3M |
毛利率PDRKLB
| Q4 25 | 85.3% | 38.0% | ||
| Q3 25 | 84.6% | 37.0% | ||
| Q2 25 | 84.0% | 32.1% | ||
| Q1 25 | 83.6% | 28.8% | ||
| Q4 24 | 83.0% | 27.8% | ||
| Q3 24 | 82.7% | 26.7% | ||
| Q2 24 | 82.6% | 25.6% | ||
| Q1 24 | 81.7% | 26.1% |
营业利润率PDRKLB
| Q4 25 | 6.5% | -28.4% | ||
| Q3 25 | 2.9% | -38.0% | ||
| Q2 25 | -8.6% | -41.3% | ||
| Q1 25 | -9.6% | -48.3% | ||
| Q4 24 | -8.7% | -38.9% | ||
| Q3 24 | -13.8% | -49.5% | ||
| Q2 24 | -19.5% | -40.7% | ||
| Q1 24 | -30.1% | -46.4% |
净利率PDRKLB
| Q4 25 | 129.7% | -29.5% | ||
| Q3 25 | 7.8% | -11.8% | ||
| Q2 25 | -6.0% | -46.0% | ||
| Q1 25 | -7.2% | -49.5% | ||
| Q4 24 | -5.0% | -39.5% | ||
| Q3 24 | -9.4% | -49.6% | ||
| Q2 24 | -15.4% | -39.2% | ||
| Q1 24 | -25.3% | -47.7% |
每股收益（稀释后）PDRKLB
| Q4 25 | $1.69 | $-0.09 | ||
| Q3 25 | $0.10 | $-0.03 | ||
| Q2 25 | $-0.07 | $-0.13 | ||
| Q1 25 | $-0.12 | $-0.12 | ||
| Q4 24 | $-0.07 | $-0.11 | ||
| Q3 24 | $-0.14 | $-0.10 | ||
| Q2 24 | $-0.26 | $-0.08 | ||
| Q1 24 | $-0.34 | $-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 | $547.8M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $320.5M | $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PDRKLB
| Q4 25 | $547.8M | $1.0B | ||
| Q3 25 | $567.9M | $976.7M | ||
| Q2 25 | $597.1M | $688.1M | ||
| Q1 25 | $570.8M | $428.4M | ||
| Q4 24 | $542.2M | $419.0M | ||
| Q3 24 | $599.3M | $442.4M | ||
| Q2 24 | $592.8M | $496.8M | ||
| Q1 24 | $571.2M | $492.5M |
总债务PDRKLB
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | $484.5M | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | $489.5M | $66.8M |
股东权益PDRKLB
| Q4 25 | $320.5M | $1.7B | ||
| Q3 25 | $180.7M | $1.3B | ||
| Q2 25 | $145.7M | $688.5M | ||
| Q1 25 | $129.8M | $431.3M | ||
| Q4 24 | $111.6M | $382.5M | ||
| Q3 24 | $164.7M | $419.8M | ||
| Q2 24 | $174.0M | $455.2M | ||
| Q1 24 | $171.6M | $478.9M |
总资产PDRKLB
| Q4 25 | $1.0B | $2.3B | ||
| Q3 25 | $891.5M | $2.2B | ||
| Q2 25 | $926.8M | $1.6B | ||
| Q1 25 | $927.3M | $1.3B | ||
| Q4 24 | $866.8M | $1.2B | ||
| Q3 24 | $916.0M | $1.2B | ||
| Q2 24 | $924.0M | $1.2B | ||
| Q1 24 | $925.3M | $1.2B |
负债/权益比PDRKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | 3.73× | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | 2.85× | 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 | $24.8M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $24.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | 19.3% | -63.6% |
| 资本支出强度资本支出/营收 | 0.6% | 27.6% |
| 现金转化率经营现金流/净利润 | 0.15× | — |
| 过去12个月自由现金流最近4个季度 | $117.6M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流PDRKLB
| Q4 25 | $24.8M | $-64.5M | ||
| Q3 25 | $34.0M | $-23.5M | ||
| Q2 25 | $30.7M | $-23.2M | ||
| Q1 25 | $31.4M | $-54.2M | ||
| Q4 24 | $22.1M | $-2.4M | ||
| Q3 24 | $35.8M | $-30.9M | ||
| Q2 24 | $28.6M | $-13.0M | ||
| Q1 24 | $22.2M | $-2.6M |
自由现金流PDRKLB
| Q4 25 | $24.1M | $-114.2M | ||
| Q3 25 | $33.1M | $-69.4M | ||
| Q2 25 | $30.2M | $-55.3M | ||
| Q1 25 | $30.3M | $-82.9M | ||
| Q4 24 | $21.5M | $-23.9M | ||
| Q3 24 | $35.1M | $-41.9M | ||
| Q2 24 | $28.2M | $-28.3M | ||
| Q1 24 | $21.2M | $-21.8M |
自由现金流率PDRKLB
| Q4 25 | 19.3% | -63.6% | ||
| Q3 25 | 26.8% | -44.8% | ||
| Q2 25 | 25.2% | -38.3% | ||
| Q1 25 | 24.9% | -67.6% | ||
| Q4 24 | 18.1% | -18.1% | ||
| Q3 24 | 30.3% | -40.0% | ||
| Q2 24 | 25.4% | -26.7% | ||
| Q1 24 | 19.1% | -23.5% |
资本支出强度PDRKLB
| Q4 25 | 0.6% | 27.6% | ||
| Q3 25 | 0.7% | 29.6% | ||
| Q2 25 | 0.4% | 22.2% | ||
| Q1 25 | 0.9% | 23.4% | ||
| Q4 24 | 0.5% | 16.3% | ||
| Q3 24 | 0.5% | 10.5% | ||
| Q2 24 | 0.4% | 14.4% | ||
| Q1 24 | 0.9% | 20.7% |
现金转化率PDRKLB
| Q4 25 | 0.15× | — | ||
| Q3 25 | 3.55× | — | ||
| 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
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
