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Planet Labs PBC（PL）与合众银行（WASH）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是合众银行的1.4倍（$81.3M vs $57.8M），合众银行净利率更高（21.8% vs -72.8%，领先94.6%），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs 9.5%）
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。
美国合众银行是一家美国跨国金融机构，总部位于明尼苏达州明尼阿波利斯，在特拉华州注册成立。截至2025年，该银行为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的金融机构。它主营银行、投资、抵押贷款等多元金融业务。
PL vs WASH — 直观对比
营收规模更大
PL
是对方的1.4倍
$57.8M
净利率更高
WASH
高出94.6%
-72.8%
两年增速更快
PL
近两年复合增速
9.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $81.3M | $57.8M |
| 净利润 | $-59.2M | $12.6M |
| 毛利率 | 57.3% | — |
| 营业利润率 | -22.6% | — |
| 净利率 | -72.8% | 21.8% |
| 营收同比 | 32.6% | — |
| 净利润同比 | -194.7% | 3.5% |
| 每股收益（稀释后） | $-0.19 | $0.66 |
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PLWASH
| Q1 26 | — | $57.8M | ||
| Q4 25 | $81.3M | $59.3M | ||
| Q3 25 | $73.4M | $56.5M | ||
| Q2 25 | $66.3M | $54.3M | ||
| Q1 25 | $61.6M | $59.1M | ||
| Q4 24 | $61.3M | $12.4M | ||
| Q3 24 | $61.1M | $48.5M | ||
| Q2 24 | $60.4M | $48.2M |
净利润PLWASH
| Q1 26 | — | $12.6M | ||
| Q4 25 | $-59.2M | $16.0M | ||
| Q3 25 | $-22.6M | $10.8M | ||
| Q2 25 | $-12.6M | $13.2M | ||
| Q1 25 | $-35.2M | $12.2M | ||
| Q4 24 | $-20.1M | $-60.8M | ||
| Q3 24 | $-38.7M | $11.0M | ||
| Q2 24 | $-29.3M | $10.8M |
毛利率PLWASH
| Q1 26 | — | — | ||
| 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% | — |
营业利润率PLWASH
| Q1 26 | — | — | ||
| Q4 25 | -22.6% | 34.9% | ||
| Q3 25 | -24.5% | 24.7% | ||
| Q2 25 | -34.4% | 31.6% | ||
| Q1 25 | -31.5% | 26.5% | ||
| Q4 24 | -36.9% | -648.7% | ||
| Q3 24 | -64.8% | 28.5% | ||
| Q2 24 | -57.2% | 28.7% |
净利率PLWASH
| Q1 26 | — | 21.8% | ||
| Q4 25 | -72.8% | 27.0% | ||
| Q3 25 | -30.8% | 19.2% | ||
| Q2 25 | -19.1% | 24.4% | ||
| Q1 25 | -57.1% | 20.6% | ||
| Q4 24 | -32.8% | -491.4% | ||
| Q3 24 | -63.3% | 22.6% | ||
| Q2 24 | -48.5% | 22.4% |
每股收益（稀释后）PLWASH
| Q1 26 | — | $0.66 | ||
| Q4 25 | $-0.19 | $0.84 | ||
| Q3 25 | $-0.07 | $0.56 | ||
| Q2 25 | $-0.04 | $0.68 | ||
| Q1 25 | $-0.12 | $0.63 | ||
| Q4 24 | $-0.07 | $-3.54 | ||
| Q3 24 | $-0.13 | $0.64 | ||
| Q2 24 | $-0.10 | $0.63 |
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 | $12.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $349.6M | $546.8M |
| 总资产 | $1.1B | $6.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PLWASH
| Q1 26 | — | $12.3M | ||
| Q4 25 | $443.3M | — | ||
| Q3 25 | $181.1M | — | ||
| Q2 25 | $133.5M | — | ||
| Q1 25 | $118.0M | — | ||
| Q4 24 | $139.0M | — | ||
| Q3 24 | $148.3M | — | ||
| Q2 24 | $107.4M | — |
股东权益PLWASH
| Q1 26 | — | $546.8M | ||
| Q4 25 | $349.6M | $543.6M | ||
| Q3 25 | $435.7M | $533.0M | ||
| Q2 25 | $444.8M | $527.5M | ||
| Q1 25 | $441.3M | $521.7M | ||
| Q4 24 | $464.6M | $499.7M | ||
| Q3 24 | $473.2M | $502.2M | ||
| Q2 24 | $500.3M | $471.0M |
总资产PLWASH
| Q1 26 | — | $6.5B | ||
| Q4 25 | $1.1B | $6.6B | ||
| Q3 25 | $696.4M | $6.7B | ||
| Q2 25 | $658.4M | $6.7B | ||
| Q1 25 | $633.8M | $6.6B | ||
| Q4 24 | $630.8M | $6.9B | ||
| Q3 24 | $658.4M | $7.1B | ||
| Q2 24 | $674.6M | $7.2B |
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 | — |
| 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 | — | — |
| 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PLWASH
| Q1 26 | — | — | ||
| Q4 25 | $28.6M | $80.3M | ||
| Q3 25 | $67.8M | $39.6M | ||
| Q2 25 | $17.3M | $11.3M | ||
| Q1 25 | $-6.3M | $8.4M | ||
| Q4 24 | $4.1M | $57.7M | ||
| Q3 24 | $-7.9M | $25.7M | ||
| Q2 24 | $-4.3M | $11.2M |
自由现金流PLWASH
| Q1 26 | — | — | ||
| Q4 25 | $1.9M | $78.3M | ||
| Q3 25 | $47.5M | $39.3M | ||
| Q2 25 | $9.2M | $10.9M | ||
| Q1 25 | $-17.9M | $8.4M | ||
| Q4 24 | $-3.6M | $53.7M | ||
| Q3 24 | $-23.0M | $24.4M | ||
| Q2 24 | $-14.2M | $9.6M |
自由现金流率PLWASH
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 132.2% | ||
| Q3 25 | 64.7% | 69.6% | ||
| Q2 25 | 13.9% | 20.2% | ||
| Q1 25 | -29.1% | 14.2% | ||
| Q4 24 | -5.8% | 433.8% | ||
| Q3 24 | -37.6% | 50.4% | ||
| Q2 24 | -23.6% | 19.8% |
资本支出强度PLWASH
| Q1 26 | — | — | ||
| Q4 25 | 32.9% | 3.4% | ||
| Q3 25 | 27.6% | 0.6% | ||
| Q2 25 | 12.3% | 0.7% | ||
| Q1 25 | 18.9% | 0.1% | ||
| Q4 24 | 12.5% | 32.3% | ||
| Q3 24 | 24.8% | 2.6% | ||
| Q2 24 | 16.4% | 3.4% |
现金转化率PLWASH
| Q1 26 | — | — | ||
| Q4 25 | — | 5.03× | ||
| Q3 25 | — | 3.65× | ||
| Q2 25 | — | 0.86× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.34× | ||
| Q2 24 | — | 1.03× |
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% |
WASH
| Net Interest Income | $40.5M | 70% |
| Noninterest Income | $17.3M | 30% |
