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Planet Labs PBC（PL）与Perimeter Solutions, Inc.（PRM）财务数据对比。点击上方公司名可切换其他公司
Perimeter Solutions, Inc.的季度营收约是Planet Labs PBC的1.3倍（$102.8M vs $81.3M），Planet Labs PBC净利率更高（-72.8% vs -136.5%，领先63.6%），Planet Labs PBC同比增速更快（32.6% vs 19.2%），Perimeter Solutions, Inc.自由现金流更多（$11.6M vs $1.9M），过去两年Perimeter Solutions, Inc.的营收复合增速更高（31.9% vs 17.5%）
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。
Perimeter Solutions是一家以色列云与网络安全企业，专为各类机构打造基于零信任架构的安全远程网络方案，其技术可替代VPN、防火墙等传统安全硬件设备，助力企业简化网络安全部署，提升远程访问的安全性与效率。
PL vs PRM — 直观对比
营收规模更大
PRM
是对方的1.3倍
$81.3M
营收增速更快
PL
高出13.5%
19.2%
净利率更高
PL
高出63.6%
-136.5%
自由现金流更多
PRM
多$9.7M
$1.9M
两年增速更快
PRM
近两年复合增速
17.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $81.3M | $102.8M |
| 净利润 | $-59.2M | $-140.2M |
| 毛利率 | 57.3% | 45.2% |
| 营业利润率 | -22.6% | -160.7% |
| 净利率 | -72.8% | -136.5% |
| 营收同比 | 32.6% | 19.2% |
| 净利润同比 | -194.7% | -197.3% |
| 每股收益（稀释后） | $-0.19 | $-0.89 |
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PLPRM
| Q4 25 | $81.3M | $102.8M | ||
| Q3 25 | $73.4M | $315.4M | ||
| Q2 25 | $66.3M | $162.6M | ||
| Q1 25 | $61.6M | $72.0M | ||
| Q4 24 | $61.3M | $86.2M | ||
| Q3 24 | $61.1M | $288.4M | ||
| Q2 24 | $60.4M | $127.3M | ||
| Q1 24 | $58.9M | $59.0M |
净利润PLPRM
| Q4 25 | $-59.2M | $-140.2M | ||
| Q3 25 | $-22.6M | $-90.7M | ||
| Q2 25 | $-12.6M | $-32.2M | ||
| Q1 25 | $-35.2M | $56.7M | ||
| Q4 24 | $-20.1M | $144.2M | ||
| Q3 24 | $-38.7M | $-89.2M | ||
| Q2 24 | $-29.3M | $21.6M | ||
| Q1 24 | $-30.1M | $-82.6M |
毛利率PLPRM
| Q4 25 | 57.3% | 45.2% | ||
| Q3 25 | 57.6% | 63.1% | ||
| Q2 25 | 55.2% | 62.4% | ||
| Q1 25 | 62.1% | 39.1% | ||
| Q4 24 | 61.2% | 48.6% | ||
| Q3 24 | 52.9% | 62.8% | ||
| Q2 24 | 52.4% | 57.6% | ||
| Q1 24 | 55.2% | 35.1% |
营业利润率PLPRM
| Q4 25 | -22.6% | -160.7% | ||
| Q3 25 | -24.5% | -27.7% | ||
| Q2 25 | -34.4% | -16.1% | ||
| Q1 25 | -31.5% | — | ||
| Q4 24 | -36.9% | 71.1% | ||
| Q3 24 | -64.8% | -12.2% | ||
| Q2 24 | -57.2% | 35.4% | ||
| Q1 24 | -57.6% | -126.8% |
净利率PLPRM
| Q4 25 | -72.8% | -136.5% | ||
| Q3 25 | -30.8% | -28.7% | ||
| Q2 25 | -19.1% | -19.8% | ||
| Q1 25 | -57.1% | 78.7% | ||
| Q4 24 | -32.8% | 167.2% | ||
| Q3 24 | -63.3% | -30.9% | ||
| Q2 24 | -48.5% | 17.0% | ||
| Q1 24 | -51.1% | -139.8% |
每股收益（稀释后）PLPRM
| Q4 25 | $-0.19 | $-0.89 | ||
| Q3 25 | $-0.07 | $-0.62 | ||
| Q2 25 | $-0.04 | $-0.22 | ||
| Q1 25 | $-0.12 | $0.36 | ||
| Q4 24 | $-0.07 | $1.00 | ||
| Q3 24 | $-0.13 | $-0.61 | ||
| Q2 24 | $-0.10 | $0.14 | ||
| Q1 24 | $-0.10 | $-0.57 |
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 | $325.9M |
| 总债务越低越好 | — | $669.1M |
| 股东权益账面价值 | $349.6M | $1.1B |
| 总资产 | $1.1B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资PLPRM
| Q4 25 | $443.3M | $325.9M | ||
| Q3 25 | $181.1M | $340.6M | ||
| Q2 25 | $133.5M | $140.7M | ||
| Q1 25 | $118.0M | $200.1M | ||
| Q4 24 | $139.0M | $198.5M | ||
| Q3 24 | $148.3M | $223.1M | ||
| Q2 24 | $107.4M | $43.2M | ||
| Q1 24 | $83.9M | $38.7M |
总债务PLPRM
| Q4 25 | — | $669.1M | ||
| Q3 25 | — | $668.8M | ||
| Q2 25 | — | $668.4M | ||
| Q1 25 | — | $668.1M | ||
| Q4 24 | — | $667.8M | ||
| Q3 24 | — | $667.4M | ||
| Q2 24 | — | $667.1M | ||
| Q1 24 | — | $666.8M |
股东权益PLPRM
| Q4 25 | $349.6M | $1.1B | ||
| Q3 25 | $435.7M | $1.1B | ||
| Q2 25 | $444.8M | $1.2B | ||
| Q1 25 | $441.3M | $1.2B | ||
| Q4 24 | $464.6M | $1.2B | ||
| Q3 24 | $473.2M | $1.0B | ||
| Q2 24 | $500.3M | $1.1B | ||
| Q1 24 | $518.0M | $1.1B |
总资产PLPRM
| Q4 25 | $1.1B | $2.7B | ||
| Q3 25 | $696.4M | $2.6B | ||
| Q2 25 | $658.4M | $2.5B | ||
| Q1 25 | $633.8M | $2.4B | ||
| Q4 24 | $630.8M | $2.4B | ||
| Q3 24 | $658.4M | $2.5B | ||
| Q2 24 | $674.6M | $2.3B | ||
| Q1 24 | $702.0M | $2.3B |
负债/权益比PLPRM
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | 0.63× |
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 | $18.6M |
| 自由现金流经营现金流 - 资本支出 | $1.9M | $11.6M |
| 自由现金流率自由现金流/营收 | 2.3% | 11.3% |
| 资本支出强度资本支出/营收 | 32.9% | 6.8% |
| 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 | $40.7M | $208.6M |
8季度趋势，按日历期对齐
经营现金流PLPRM
| Q4 25 | $28.6M | $18.6M | ||
| Q3 25 | $67.8M | $198.7M | ||
| Q2 25 | $17.3M | $-2.9M | ||
| Q1 25 | $-6.3M | $23.7M | ||
| Q4 24 | $4.1M | $-6.0M | ||
| Q3 24 | $-7.9M | $183.0M | ||
| Q2 24 | $-4.3M | $8.6M | ||
| Q1 24 | $-6.8M | $2.8M |
自由现金流PLPRM
| Q4 25 | $1.9M | $11.6M | ||
| Q3 25 | $47.5M | $193.6M | ||
| Q2 25 | $9.2M | $-15.6M | ||
| Q1 25 | $-17.9M | $18.9M | ||
| Q4 24 | $-3.6M | $-12.4M | ||
| Q3 24 | $-23.0M | $179.1M | ||
| Q2 24 | $-14.2M | $5.0M | ||
| Q1 24 | $-15.7M | $1.2M |
自由现金流率PLPRM
| Q4 25 | 2.3% | 11.3% | ||
| Q3 25 | 64.7% | 61.4% | ||
| Q2 25 | 13.9% | -9.6% | ||
| Q1 25 | -29.1% | 26.3% | ||
| Q4 24 | -5.8% | -14.4% | ||
| Q3 24 | -37.6% | 62.1% | ||
| Q2 24 | -23.6% | 3.9% | ||
| Q1 24 | -26.7% | 2.1% |
资本支出强度PLPRM
| Q4 25 | 32.9% | 6.8% | ||
| Q3 25 | 27.6% | 1.6% | ||
| Q2 25 | 12.3% | 7.8% | ||
| Q1 25 | 18.9% | 6.7% | ||
| Q4 24 | 12.5% | 7.5% | ||
| Q3 24 | 24.8% | 1.3% | ||
| Q2 24 | 16.4% | 2.9% | ||
| Q1 24 | 15.1% | 2.6% |
现金转化率PLPRM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | -0.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.40× | ||
| 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
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
PRM
| Products | $87.7M | 85% |
| Service And Other | $14.8M | 14% |
