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Planet Labs PBC（PL）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是RE/MAX Holdings, Inc.的1.1倍（$81.3M vs $71.1M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -72.8%，领先74.9%），Planet Labs PBC同比增速更快（32.6% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs -4.7%）
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。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
PL vs RMAX — 直观对比
营收规模更大
PL
是对方的1.1倍
$71.1M
营收增速更快
PL
高出34.5%
-1.8%
净利率更高
RMAX
高出74.9%
-72.8%
自由现金流更多
RMAX
多$31.6M
$1.9M
两年增速更快
PL
近两年复合增速
-4.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $81.3M | $71.1M |
| 净利润 | $-59.2M | $1.4M |
| 毛利率 | 57.3% | — |
| 营业利润率 | -22.6% | 13.1% |
| 净利率 | -72.8% | 2.0% |
| 营收同比 | 32.6% | -1.8% |
| 净利润同比 | -194.7% | -75.2% |
| 每股收益（稀释后） | $-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PLRMAX
| Q4 25 | $81.3M | $71.1M | ||
| Q3 25 | $73.4M | $73.2M | ||
| Q2 25 | $66.3M | $72.8M | ||
| Q1 25 | $61.6M | $74.5M | ||
| Q4 24 | $61.3M | $72.5M | ||
| Q3 24 | $61.1M | $78.5M | ||
| Q2 24 | $60.4M | $78.5M | ||
| Q1 24 | $58.9M | $78.3M |
净利润PLRMAX
| Q4 25 | $-59.2M | $1.4M | ||
| Q3 25 | $-22.6M | $4.0M | ||
| Q2 25 | $-12.6M | $4.7M | ||
| Q1 25 | $-35.2M | $-2.0M | ||
| Q4 24 | $-20.1M | $5.8M | ||
| Q3 24 | $-38.7M | $966.0K | ||
| Q2 24 | $-29.3M | $3.7M | ||
| Q1 24 | $-30.1M | $-3.4M |
毛利率PLRMAX
| 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PLRMAX
| Q4 25 | -22.6% | 13.1% | ||
| Q3 25 | -24.5% | 25.0% | ||
| Q2 25 | -34.4% | 19.3% | ||
| Q1 25 | -31.5% | 7.2% | ||
| Q4 24 | -36.9% | 5.9% | ||
| Q3 24 | -64.8% | 19.4% | ||
| Q2 24 | -57.2% | 20.6% | ||
| Q1 24 | -57.6% | 5.8% |
净利率PLRMAX
| Q4 25 | -72.8% | 2.0% | ||
| Q3 25 | -30.8% | 5.4% | ||
| Q2 25 | -19.1% | 6.4% | ||
| Q1 25 | -57.1% | -2.6% | ||
| Q4 24 | -32.8% | 8.0% | ||
| Q3 24 | -63.3% | 1.2% | ||
| Q2 24 | -48.5% | 4.7% | ||
| Q1 24 | -51.1% | -4.3% |
每股收益（稀释后）PLRMAX
| Q4 25 | $-0.19 | — | ||
| Q3 25 | $-0.07 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $-0.12 | — | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.13 | — | ||
| Q2 24 | $-0.10 | — | ||
| Q1 24 | $-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 | $443.3M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $349.6M | $452.4M |
| 总资产 | $1.1B | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资PLRMAX
| Q4 25 | $443.3M | $118.7M | ||
| Q3 25 | $181.1M | $107.5M | ||
| Q2 25 | $133.5M | $94.3M | ||
| Q1 25 | $118.0M | $89.1M | ||
| Q4 24 | $139.0M | $96.6M | ||
| Q3 24 | $148.3M | $83.8M | ||
| Q2 24 | $107.4M | $66.1M | ||
| Q1 24 | $83.9M | $82.1M |
总债务PLRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益PLRMAX
| Q4 25 | $349.6M | $452.4M | ||
| Q3 25 | $435.7M | $448.1M | ||
| Q2 25 | $444.8M | $442.4M | ||
| Q1 25 | $441.3M | $433.5M | ||
| Q4 24 | $464.6M | $429.5M | ||
| Q3 24 | $473.2M | $423.1M | ||
| Q2 24 | $500.3M | $418.4M | ||
| Q1 24 | $518.0M | $412.0M |
总资产PLRMAX
| Q4 25 | $1.1B | $582.5M | ||
| Q3 25 | $696.4M | $582.2M | ||
| Q2 25 | $658.4M | $574.8M | ||
| Q1 25 | $633.8M | $571.4M | ||
| Q4 24 | $630.8M | $581.6M | ||
| Q3 24 | $658.4M | $578.6M | ||
| Q2 24 | $674.6M | $571.4M | ||
| Q1 24 | $702.0M | $566.7M |
负债/权益比PLRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $1.9M | $33.5M |
| 自由现金流率自由现金流/营收 | 2.3% | 47.1% |
| 资本支出强度资本支出/营收 | 32.9% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $40.7M | $56.8M |
8季度趋势，按日历期对齐
经营现金流PLRMAX
| Q4 25 | $28.6M | $40.9M | ||
| Q3 25 | $67.8M | $17.7M | ||
| Q2 25 | $17.3M | $4.6M | ||
| Q1 25 | $-6.3M | $5.7M | ||
| Q4 24 | $4.1M | $59.7M | ||
| Q3 24 | $-7.9M | $17.6M | ||
| Q2 24 | $-4.3M | $15.9M | ||
| Q1 24 | $-6.8M | $9.4M |
自由现金流PLRMAX
| Q4 25 | $1.9M | $33.5M | ||
| Q3 25 | $47.5M | $16.4M | ||
| Q2 25 | $9.2M | $2.9M | ||
| Q1 25 | $-17.9M | $4.0M | ||
| Q4 24 | $-3.6M | $53.0M | ||
| Q3 24 | $-23.0M | $16.3M | ||
| Q2 24 | $-14.2M | $14.0M | ||
| Q1 24 | $-15.7M | $6.8M |
自由现金流率PLRMAX
| Q4 25 | 2.3% | 47.1% | ||
| Q3 25 | 64.7% | 22.4% | ||
| Q2 25 | 13.9% | 4.0% | ||
| Q1 25 | -29.1% | 5.3% | ||
| Q4 24 | -5.8% | 73.2% | ||
| Q3 24 | -37.6% | 20.8% | ||
| Q2 24 | -23.6% | 17.8% | ||
| Q1 24 | -26.7% | 8.6% |
资本支出强度PLRMAX
| Q4 25 | 32.9% | 10.4% | ||
| Q3 25 | 27.6% | 1.8% | ||
| Q2 25 | 12.3% | 2.2% | ||
| Q1 25 | 18.9% | 2.3% | ||
| Q4 24 | 12.5% | 9.1% | ||
| Q3 24 | 24.8% | 1.7% | ||
| Q2 24 | 16.4% | 2.4% | ||
| Q1 24 | 15.1% | 3.3% |
现金转化率PLRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
