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Planet Labs PBC（PL）与Repay Holdings Corp（RPAY）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Repay Holdings Corp的1.0倍（$81.3M vs $78.6M），Planet Labs PBC净利率更高（-72.8% vs -178.3%，领先105.5%），Planet Labs PBC同比增速更快（32.6% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs -1.3%）
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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
PL vs RPAY — 直观对比
营收规模更大
PL
是对方的1.0倍
$78.6M
营收增速更快
PL
高出32.2%
0.4%
净利率更高
PL
高出105.5%
-178.3%
自由现金流更多
RPAY
多$21.3M
$1.9M
两年增速更快
PL
近两年复合增速
-1.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $81.3M | $78.6M |
| 净利润 | $-59.2M | $-140.1M |
| 毛利率 | 57.3% | 74.2% |
| 营业利润率 | -22.6% | -182.2% |
| 净利率 | -72.8% | -178.3% |
| 营收同比 | 32.6% | 0.4% |
| 净利润同比 | -194.7% | -3304.1% |
| 每股收益（稀释后） | $-0.19 | $-1.68 |
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PLRPAY
| Q4 25 | $81.3M | $78.6M | ||
| Q3 25 | $73.4M | $77.7M | ||
| Q2 25 | $66.3M | $75.6M | ||
| Q1 25 | $61.6M | $77.3M | ||
| Q4 24 | $61.3M | $78.3M | ||
| Q3 24 | $61.1M | $79.1M | ||
| Q2 24 | $60.4M | $74.9M | ||
| Q1 24 | $58.9M | $80.7M |
净利润PLRPAY
| Q4 25 | $-59.2M | $-140.1M | ||
| Q3 25 | $-22.6M | $-6.4M | ||
| Q2 25 | $-12.6M | $-102.3M | ||
| Q1 25 | $-35.2M | $-7.9M | ||
| Q4 24 | $-20.1M | $-4.1M | ||
| Q3 24 | $-38.7M | $3.2M | ||
| Q2 24 | $-29.3M | $-4.1M | ||
| Q1 24 | $-30.1M | $-5.2M |
毛利率PLRPAY
| Q4 25 | 57.3% | 74.2% | ||
| Q3 25 | 57.6% | 74.4% | ||
| Q2 25 | 55.2% | 75.7% | ||
| Q1 25 | 62.1% | 75.9% | ||
| Q4 24 | 61.2% | 76.3% | ||
| Q3 24 | 52.9% | 77.8% | ||
| Q2 24 | 52.4% | 78.2% | ||
| Q1 24 | 55.2% | 76.2% |
营业利润率PLRPAY
| Q4 25 | -22.6% | -182.2% | ||
| Q3 25 | -24.5% | -3.9% | ||
| Q2 25 | -34.4% | -138.7% | ||
| Q1 25 | -31.5% | -4.7% | ||
| Q4 24 | -36.9% | -1.5% | ||
| Q3 24 | -64.8% | -0.9% | ||
| Q2 24 | -57.2% | -4.6% | ||
| Q1 24 | -57.6% | -3.1% |
净利率PLRPAY
| Q4 25 | -72.8% | -178.3% | ||
| Q3 25 | -30.8% | -8.3% | ||
| Q2 25 | -19.1% | -135.2% | ||
| Q1 25 | -57.1% | -10.3% | ||
| Q4 24 | -32.8% | -5.3% | ||
| Q3 24 | -63.3% | 4.1% | ||
| Q2 24 | -48.5% | -5.4% | ||
| Q1 24 | -51.1% | -6.5% |
每股收益（稀释后）PLRPAY
| Q4 25 | $-0.19 | $-1.68 | ||
| Q3 25 | $-0.07 | $-0.08 | ||
| Q2 25 | $-0.04 | $-1.15 | ||
| Q1 25 | $-0.12 | $-0.09 | ||
| Q4 24 | $-0.07 | $-0.04 | ||
| Q3 24 | $-0.13 | $0.03 | ||
| Q2 24 | $-0.10 | $-0.04 | ||
| Q1 24 | $-0.10 | $-0.06 |
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 | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $349.6M | $484.4M |
| 总资产 | $1.1B | $1.2B |
| 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PLRPAY
| Q4 25 | $443.3M | $115.7M | ||
| Q3 25 | $181.1M | $95.7M | ||
| Q2 25 | $133.5M | $162.6M | ||
| Q1 25 | $118.0M | $165.5M | ||
| Q4 24 | $139.0M | $189.5M | ||
| Q3 24 | $148.3M | $168.7M | ||
| Q2 24 | $107.4M | $147.1M | ||
| Q1 24 | $83.9M | $128.3M |
总债务PLRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益PLRPAY
| Q4 25 | $349.6M | $484.4M | ||
| Q3 25 | $435.7M | $616.9M | ||
| Q2 25 | $444.8M | $633.7M | ||
| Q1 25 | $441.3M | $755.7M | ||
| Q4 24 | $464.6M | $761.3M | ||
| Q3 24 | $473.2M | $754.7M | ||
| Q2 24 | $500.3M | $815.4M | ||
| Q1 24 | $518.0M | $813.8M |
总资产PLRPAY
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $696.4M | $1.3B | ||
| Q2 25 | $658.4M | $1.4B | ||
| Q1 25 | $633.8M | $1.5B | ||
| Q4 24 | $630.8M | $1.6B | ||
| Q3 24 | $658.4M | $1.6B | ||
| Q2 24 | $674.6M | $1.5B | ||
| Q1 24 | $702.0M | $1.5B |
负债/权益比PLRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $1.9M | $23.2M |
| 自由现金流率自由现金流/营收 | 2.3% | 29.6% |
| 资本支出强度资本支出/营收 | 32.9% | 0.1% |
| 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 | $90.7M |
8季度趋势，按日历期对齐
经营现金流PLRPAY
| Q4 25 | $28.6M | $23.3M | ||
| Q3 25 | $67.8M | $32.2M | ||
| Q2 25 | $17.3M | $33.1M | ||
| Q1 25 | $-6.3M | $2.5M | ||
| Q4 24 | $4.1M | $34.3M | ||
| Q3 24 | $-7.9M | $60.1M | ||
| Q2 24 | $-4.3M | $31.0M | ||
| Q1 24 | $-6.8M | $24.8M |
自由现金流PLRPAY
| Q4 25 | $1.9M | $23.2M | ||
| Q3 25 | $47.5M | $32.1M | ||
| Q2 25 | $9.2M | $33.0M | ||
| Q1 25 | $-17.9M | $2.4M | ||
| Q4 24 | $-3.6M | $34.0M | ||
| Q3 24 | $-23.0M | $59.8M | ||
| Q2 24 | $-14.2M | $30.5M | ||
| Q1 24 | $-15.7M | $24.7M |
自由现金流率PLRPAY
| Q4 25 | 2.3% | 29.6% | ||
| Q3 25 | 64.7% | 41.3% | ||
| Q2 25 | 13.9% | 43.6% | ||
| Q1 25 | -29.1% | 3.0% | ||
| Q4 24 | -5.8% | 43.5% | ||
| Q3 24 | -37.6% | 75.6% | ||
| Q2 24 | -23.6% | 40.7% | ||
| Q1 24 | -26.7% | 30.6% |
资本支出强度PLRPAY
| Q4 25 | 32.9% | 0.1% | ||
| Q3 25 | 27.6% | 0.2% | ||
| Q2 25 | 12.3% | 0.1% | ||
| Q1 25 | 18.9% | 0.2% | ||
| Q4 24 | 12.5% | 0.3% | ||
| Q3 24 | 24.8% | 0.3% | ||
| Q2 24 | 16.4% | 0.6% | ||
| Q1 24 | 15.1% | 0.1% |
现金转化率PLRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| 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
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
