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帕兰提尔科技（PLTR）与帕森斯公司（PSN）财务数据对比。点击上方公司名可切换其他公司
帕森斯公司的季度营收约是帕兰提尔科技的1.1倍（$1.6B vs $1.4B），帕兰提尔科技净利率更高（43.3% vs 3.5%，领先39.8%），帕兰提尔科技同比增速更快（70.0% vs -7.5%），帕兰提尔科技自由现金流更多（$764.0M vs $135.6M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 2.2%）
帕兰提尔科技是美国上市企业，专注研发数据集成与分析平台，为政府机构、军方及各行业企业提供多源数据整合分析能力。旗下核心产品Gotham与Foundry可打通相互孤立的数据库，广泛支撑情报作业、反恐分析、执法工作及企业级数据分析场景。
帕森斯公司是一家总部位于美国弗吉尼亚州尚蒂利的跨国企业，1944年成立，核心业务覆盖国防、情报、基础设施工程领域，深耕技术研发，在全球30多个国家为政府及私营部门客户提供专业解决方案。
PLTR vs PSN — 直观对比
营收规模更大
PSN
是对方的1.1倍
$1.4B
营收增速更快
PLTR
高出77.5%
-7.5%
净利率更高
PLTR
高出39.8%
3.5%
自由现金流更多
PLTR
多$628.4M
$135.6M
两年增速更快
PLTR
近两年复合增速
2.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.6B |
| 净利润 | $608.7M | $55.6M |
| 毛利率 | 84.6% | 23.0% |
| 营业利润率 | 40.9% | 6.6% |
| 净利率 | 43.3% | 3.5% |
| 营收同比 | 70.0% | -7.5% |
| 净利润同比 | 670.4% | -72.4% |
| 每股收益（稀释后） | $0.24 | $0.51 |
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PLTRPSN
| Q4 25 | $1.4B | $1.6B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.0B | $1.6B | ||
| Q1 25 | $883.9M | $1.6B | ||
| Q4 24 | $827.5M | $1.7B | ||
| Q3 24 | $725.5M | $1.8B | ||
| Q2 24 | $678.1M | $1.7B | ||
| Q1 24 | $634.3M | $1.5B |
净利润PLTRPSN
| Q4 25 | $608.7M | $55.6M | ||
| Q3 25 | $475.6M | $64.1M | ||
| Q2 25 | $326.7M | $55.2M | ||
| Q1 25 | $214.0M | $66.2M | ||
| Q4 24 | $79.0M | $201.3M | ||
| Q3 24 | $143.5M | $72.0M | ||
| Q2 24 | $134.1M | $69.2M | ||
| Q1 24 | $105.5M | $-107.4M |
毛利率PLTRPSN
| Q4 25 | 84.6% | 23.0% | ||
| Q3 25 | 82.4% | 22.2% | ||
| Q2 25 | 80.8% | 22.0% | ||
| Q1 25 | 80.4% | 22.8% | ||
| Q4 24 | 78.9% | 21.3% | ||
| Q3 24 | 79.8% | 19.9% | ||
| Q2 24 | 81.0% | 21.0% | ||
| Q1 24 | 81.7% | 21.2% |
营业利润率PLTRPSN
| Q4 25 | 40.9% | 6.6% | ||
| Q3 25 | 33.3% | 6.7% | ||
| Q2 25 | 26.8% | 6.0% | ||
| Q1 25 | 19.9% | 7.0% | ||
| Q4 24 | 1.3% | 5.8% | ||
| Q3 24 | 15.6% | 6.4% | ||
| Q2 24 | 15.5% | 6.7% | ||
| Q1 24 | 12.8% | 6.6% |
净利率PLTRPSN
| Q4 25 | 43.3% | 3.5% | ||
| Q3 25 | 40.3% | 4.0% | ||
| Q2 25 | 32.6% | 3.5% | ||
| Q1 25 | 24.2% | 4.3% | ||
| Q4 24 | 9.5% | 11.6% | ||
| Q3 24 | 19.8% | 4.0% | ||
| Q2 24 | 19.8% | 4.1% | ||
| Q1 24 | 16.6% | -7.0% |
每股收益（稀释后）PLTRPSN
| Q4 25 | $0.24 | $0.51 | ||
| Q3 25 | $0.18 | $0.59 | ||
| Q2 25 | $0.13 | $0.50 | ||
| Q1 25 | $0.08 | $0.60 | ||
| Q4 24 | $0.03 | $1.85 | ||
| Q3 24 | $0.06 | $0.65 | ||
| Q2 24 | $0.06 | $0.63 | ||
| Q1 24 | $0.04 | $-1.01 |
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 | $7.2B | $466.4M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $7.4B | $2.6B |
| 总资产 | $8.9B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资PLTRPSN
| Q4 25 | $7.2B | $466.4M | ||
| Q3 25 | $6.4B | $422.6M | ||
| Q2 25 | $6.0B | $411.3M | ||
| Q1 25 | $5.4B | $269.7M | ||
| Q4 24 | $5.2B | $453.5M | ||
| Q3 24 | $4.6B | $558.8M | ||
| Q2 24 | $4.0B | $528.5M | ||
| Q1 24 | $3.9B | $423.1M |
总债务PLTRPSN
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $785.2M | ||
| Q4 24 | — | $784.1M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益PLTRPSN
| Q4 25 | $7.4B | $2.6B | ||
| Q3 25 | $6.6B | $2.6B | ||
| Q2 25 | $5.9B | $2.5B | ||
| Q1 25 | $5.4B | $2.5B | ||
| Q4 24 | $5.0B | $2.4B | ||
| Q3 24 | $4.5B | $2.3B | ||
| Q2 24 | $4.1B | $2.2B | ||
| Q1 24 | $3.8B | $2.1B |
总资产PLTRPSN
| Q4 25 | $8.9B | $5.8B | ||
| Q3 25 | $8.1B | $5.7B | ||
| Q2 25 | $7.4B | $5.7B | ||
| Q1 25 | $6.7B | $5.4B | ||
| Q4 24 | $6.3B | $5.5B | ||
| Q3 24 | $5.8B | $5.4B | ||
| Q2 24 | $5.2B | $5.2B | ||
| Q1 24 | $4.8B | $5.1B |
负债/权益比PLTRPSN
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.49× | ||
| Q2 24 | — | 0.56× | ||
| Q1 24 | — | 0.58× |
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 | $777.3M | $167.5M |
| 自由现金流经营现金流 - 资本支出 | $764.0M | $135.6M |
| 自由现金流率自由现金流/营收 | 54.3% | 8.5% |
| 资本支出强度资本支出/营收 | 0.9% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.28× | 3.01× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $410.4M |
8季度趋势，按日历期对齐
经营现金流PLTRPSN
| Q4 25 | $777.3M | $167.5M | ||
| Q3 25 | $507.7M | $162.8M | ||
| Q2 25 | $539.3M | $159.8M | ||
| Q1 25 | $310.3M | $-11.8M | ||
| Q4 24 | $460.3M | $126.8M | ||
| Q3 24 | $419.8M | $299.0M | ||
| Q2 24 | $144.2M | $161.2M | ||
| Q1 24 | $129.6M | $-63.4M |
自由现金流PLTRPSN
| Q4 25 | $764.0M | $135.6M | ||
| Q3 25 | $500.9M | $149.7M | ||
| Q2 25 | $531.6M | $150.4M | ||
| Q1 25 | $304.1M | $-25.3M | ||
| Q4 24 | $457.2M | $108.0M | ||
| Q3 24 | $415.8M | $287.3M | ||
| Q2 24 | $141.3M | $152.0M | ||
| Q1 24 | $126.9M | $-72.9M |
自由现金流率PLTRPSN
| Q4 25 | 54.3% | 8.5% | ||
| Q3 25 | 42.4% | 9.2% | ||
| Q2 25 | 53.0% | 9.5% | ||
| Q1 25 | 34.4% | -1.6% | ||
| Q4 24 | 55.3% | 6.2% | ||
| Q3 24 | 57.3% | 15.9% | ||
| Q2 24 | 20.8% | 9.1% | ||
| Q1 24 | 20.0% | -4.7% |
资本支出强度PLTRPSN
| Q4 25 | 0.9% | 2.0% | ||
| Q3 25 | 0.6% | 0.8% | ||
| Q2 25 | 0.8% | 0.6% | ||
| Q1 25 | 0.7% | 0.9% | ||
| Q4 24 | 0.4% | 1.1% | ||
| Q3 24 | 0.5% | 0.6% | ||
| Q2 24 | 0.4% | 0.6% | ||
| Q1 24 | 0.4% | 0.6% |
现金转化率PLTRPSN
| Q4 25 | 1.28× | 3.01× | ||
| Q3 25 | 1.07× | 2.54× | ||
| Q2 25 | 1.65× | 2.89× | ||
| Q1 25 | 1.45× | -0.18× | ||
| Q4 24 | 5.83× | 0.63× | ||
| Q3 24 | 2.92× | 4.16× | ||
| Q2 24 | 1.08× | 2.33× | ||
| Q1 24 | 1.23× | — |
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
PLTR
| Geographic Concentration Risk | $1.1B | 77% |
| Other | $330.4M | 23% |
PSN
| Unconsolidated Joint Ventures | $582.1M | 36% |
| Defense And Intelligence | $502.8M | 31% |
| Engineered Systems | $281.4M | 18% |
| Consolidated Joint Ventures | $216.7M | 14% |
| TRS Group Inc | $9.4M | 1% |
