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Planet Labs PBC（PL）与PennyMac Mortgage Investment Trust（PMT）财务数据对比。点击上方公司名可切换其他公司
PennyMac Mortgage Investment Trust的季度营收约是Planet Labs PBC的1.2倍（$93.6M vs $81.3M），PennyMac Mortgage Investment Trust净利率更高（56.0% vs -72.8%，领先128.8%），Planet Labs PBC同比增速更快（32.6% vs -13.3%），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs 12.3%）
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。
PennyMac Mortgage Investment Trust是总部位于美国的房地产投资信托，专注于住宅抵押贷款相关资产，主要投资履约及违约抵押贷款、住宅抵押贷款支持证券和信用风险转移工具，业务覆盖美国住房市场的投资管理与抵押贷款服务板块。
PL vs PMT — 直观对比
营收规模更大
PMT
是对方的1.2倍
$81.3M
营收增速更快
PL
高出45.9%
-13.3%
净利率更高
PMT
高出128.8%
-72.8%
两年增速更快
PL
近两年复合增速
12.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $81.3M | $93.6M |
| 净利润 | $-59.2M | $52.4M |
| 毛利率 | 57.3% | — |
| 营业利润率 | -22.6% | 38.6% |
| 净利率 | -72.8% | 56.0% |
| 营收同比 | 32.6% | -13.3% |
| 净利润同比 | -194.7% | 12.5% |
| 每股收益（稀释后） | $-0.19 | $0.49 |
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PLPMT
| Q4 25 | $81.3M | $93.6M | ||
| Q3 25 | $73.4M | $99.2M | ||
| Q2 25 | $66.3M | $70.2M | ||
| Q1 25 | $61.6M | $44.5M | ||
| Q4 24 | $61.3M | $107.9M | ||
| Q3 24 | $61.1M | $80.9M | ||
| Q2 24 | $60.4M | $71.2M | ||
| Q1 24 | $58.9M | $74.2M |
净利润PLPMT
| Q4 25 | $-59.2M | $52.4M | ||
| Q3 25 | $-22.6M | $58.3M | ||
| Q2 25 | $-12.6M | $7.5M | ||
| Q1 25 | $-35.2M | $9.7M | ||
| Q4 24 | $-20.1M | $46.5M | ||
| Q3 24 | $-38.7M | $41.4M | ||
| Q2 24 | $-29.3M | $25.4M | ||
| Q1 24 | $-30.1M | $47.6M |
毛利率PLPMT
| 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PLPMT
| Q4 25 | -22.6% | 38.6% | ||
| Q3 25 | -24.5% | 47.4% | ||
| Q2 25 | -34.4% | 24.2% | ||
| Q1 25 | -31.5% | -14.2% | ||
| Q4 24 | -36.9% | 51.1% | ||
| Q3 24 | -64.8% | 32.8% | ||
| Q2 24 | -57.2% | 40.2% | ||
| Q1 24 | -57.6% | 43.6% |
净利率PLPMT
| Q4 25 | -72.8% | 56.0% | ||
| Q3 25 | -30.8% | 58.7% | ||
| Q2 25 | -19.1% | 10.7% | ||
| Q1 25 | -57.1% | 21.8% | ||
| Q4 24 | -32.8% | 43.1% | ||
| Q3 24 | -63.3% | 51.2% | ||
| Q2 24 | -48.5% | 35.7% | ||
| Q1 24 | -51.1% | 64.2% |
每股收益（稀释后）PLPMT
| Q4 25 | $-0.19 | $0.49 | ||
| Q3 25 | $-0.07 | $0.55 | ||
| Q2 25 | $-0.04 | $-0.04 | ||
| Q1 25 | $-0.12 | $-0.01 | ||
| Q4 24 | $-0.07 | $0.45 | ||
| Q3 24 | $-0.13 | $0.36 | ||
| Q2 24 | $-0.10 | $0.17 | ||
| Q1 24 | $-0.10 | $0.39 |
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 | $443.3M | $190.5M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $349.6M | $1.9B |
| 总资产 | $1.1B | $21.3B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资PLPMT
| Q4 25 | $443.3M | $190.5M | ||
| Q3 25 | $181.1M | $181.0M | ||
| Q2 25 | $133.5M | $108.6M | ||
| Q1 25 | $118.0M | $204.2M | ||
| Q4 24 | $139.0M | $103.2M | ||
| Q3 24 | $148.3M | $102.8M | ||
| Q2 24 | $107.4M | $336.3M | ||
| Q1 24 | $83.9M | $343.3M |
总债务PLPMT
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $299.0M | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $968.4M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $5.4B | ||
| Q1 24 | — | $5.1B |
股东权益PLPMT
| Q4 25 | $349.6M | $1.9B | ||
| Q3 25 | $435.7M | $1.9B | ||
| Q2 25 | $444.8M | $1.9B | ||
| Q1 25 | $441.3M | $1.9B | ||
| Q4 24 | $464.6M | $1.9B | ||
| Q3 24 | $473.2M | $1.9B | ||
| Q2 24 | $500.3M | $1.9B | ||
| Q1 24 | $518.0M | $2.0B |
总资产PLPMT
| Q4 25 | $1.1B | $21.3B | ||
| Q3 25 | $696.4M | $18.5B | ||
| Q2 25 | $658.4M | $16.8B | ||
| Q1 25 | $633.8M | $14.9B | ||
| Q4 24 | $630.8M | $14.4B | ||
| Q3 24 | $658.4M | $13.1B | ||
| Q2 24 | $674.6M | $12.1B | ||
| Q1 24 | $702.0M | $12.3B |
负债/权益比PLPMT
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 2.70× | ||
| Q2 24 | — | 2.76× | ||
| Q1 24 | — | 2.60× |
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 | $28.6M | $-7.2B |
| 自由现金流经营现金流 - 资本支出 | $1.9M | — |
| 自由现金流率自由现金流/营收 | 2.3% | — |
| 资本支出强度资本支出/营收 | 32.9% | — |
| 现金转化率经营现金流/净利润 | — | -137.76× |
| 过去12个月自由现金流最近4个季度 | $40.7M | — |
8季度趋势，按日历期对齐
经营现金流PLPMT
| Q4 25 | $28.6M | $-7.2B | ||
| Q3 25 | $67.8M | $-1.3B | ||
| Q2 25 | $17.3M | $-2.0B | ||
| Q1 25 | $-6.3M | $-594.3M | ||
| Q4 24 | $4.1M | $-2.7B | ||
| Q3 24 | $-7.9M | $-983.8M | ||
| Q2 24 | $-4.3M | $243.8M | ||
| Q1 24 | $-6.8M | $-342.4M |
自由现金流PLPMT
| Q4 25 | $1.9M | — | ||
| Q3 25 | $47.5M | — | ||
| Q2 25 | $9.2M | — | ||
| Q1 25 | $-17.9M | — | ||
| Q4 24 | $-3.6M | — | ||
| Q3 24 | $-23.0M | — | ||
| Q2 24 | $-14.2M | — | ||
| Q1 24 | $-15.7M | — |
自由现金流率PLPMT
| Q4 25 | 2.3% | — | ||
| Q3 25 | 64.7% | — | ||
| Q2 25 | 13.9% | — | ||
| Q1 25 | -29.1% | — | ||
| Q4 24 | -5.8% | — | ||
| Q3 24 | -37.6% | — | ||
| Q2 24 | -23.6% | — | ||
| Q1 24 | -26.7% | — |
资本支出强度PLPMT
| Q4 25 | 32.9% | — | ||
| Q3 25 | 27.6% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | 18.9% | — | ||
| Q4 24 | 12.5% | — | ||
| Q3 24 | 24.8% | — | ||
| Q2 24 | 16.4% | — | ||
| Q1 24 | 15.1% | — |
现金转化率PLPMT
| Q4 25 | — | -137.76× | ||
| Q3 25 | — | -22.26× | ||
| Q2 25 | — | -267.53× | ||
| Q1 25 | — | -61.39× | ||
| Q4 24 | — | -58.08× | ||
| Q3 24 | — | -23.76× | ||
| Q2 24 | — | 9.59× | ||
| Q1 24 | — | -7.19× |
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
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
PMT
| Other | $55.0M | 59% |
| Interest Rate Sensitive Strategies | $31.4M | 34% |
| Correspondent Production | $7.2M | 8% |
