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帕兰提尔科技（PLTR）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
帕兰提尔科技的季度营收约是利氏兄弟拍卖行的1.2倍（$1.4B vs $1.2B），帕兰提尔科技净利率更高（43.3% vs 9.1%，领先34.2%），帕兰提尔科技同比增速更快（70.0% vs 5.4%），帕兰提尔科技自由现金流更多（$764.0M vs $186.5M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
PLTR vs RBA — 直观对比
营收规模更大
PLTR
是对方的1.2倍
$1.2B
营收增速更快
PLTR
高出64.6%
5.4%
净利率更高
PLTR
高出34.2%
9.1%
自由现金流更多
PLTR
多$577.5M
$186.5M
两年增速更快
PLTR
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $608.7M | $109.7M |
| 毛利率 | 84.6% | — |
| 营业利润率 | 40.9% | 14.7% |
| 净利率 | 43.3% | 9.1% |
| 营收同比 | 70.0% | 5.4% |
| 净利润同比 | 670.4% | -7.4% |
| 每股收益（稀释后） | $0.24 | $0.53 |
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PLTRRBA
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $883.9M | $1.1B | ||
| Q4 24 | $827.5M | $1.1B | ||
| Q3 24 | $725.5M | $981.8M | ||
| Q2 24 | $678.1M | $1.1B | ||
| Q1 24 | $634.3M | $1.1B |
净利润PLTRRBA
| Q4 25 | $608.7M | $109.7M | ||
| Q3 25 | $475.6M | $95.5M | ||
| Q2 25 | $326.7M | $109.8M | ||
| Q1 25 | $214.0M | $113.4M | ||
| Q4 24 | $79.0M | $118.5M | ||
| Q3 24 | $143.5M | $76.1M | ||
| Q2 24 | $134.1M | $111.1M | ||
| Q1 24 | $105.5M | $107.4M |
毛利率PLTRRBA
| Q4 25 | 84.6% | — | ||
| Q3 25 | 82.4% | — | ||
| Q2 25 | 80.8% | — | ||
| Q1 25 | 80.4% | — | ||
| Q4 24 | 78.9% | — | ||
| Q3 24 | 79.8% | — | ||
| Q2 24 | 81.0% | — | ||
| Q1 24 | 81.7% | — |
营业利润率PLTRRBA
| Q4 25 | 40.9% | 14.7% | ||
| Q3 25 | 33.3% | 14.5% | ||
| Q2 25 | 26.8% | 15.9% | ||
| Q1 25 | 19.9% | 17.1% | ||
| Q4 24 | 1.3% | 18.1% | ||
| Q3 24 | 15.6% | 15.6% | ||
| Q2 24 | 15.5% | 18.4% | ||
| Q1 24 | 12.8% | 18.7% |
净利率PLTRRBA
| Q4 25 | 43.3% | 9.1% | ||
| Q3 25 | 40.3% | 8.7% | ||
| Q2 25 | 32.6% | 9.3% | ||
| Q1 25 | 24.2% | 10.2% | ||
| Q4 24 | 9.5% | 10.4% | ||
| Q3 24 | 19.8% | 7.8% | ||
| Q2 24 | 19.8% | 10.1% | ||
| Q1 24 | 16.6% | 10.1% |
每股收益（稀释后）PLTRRBA
| Q4 25 | $0.24 | $0.53 | ||
| Q3 25 | $0.18 | $0.43 | ||
| Q2 25 | $0.13 | $0.53 | ||
| Q1 25 | $0.08 | $0.55 | ||
| Q4 24 | $0.03 | $0.58 | ||
| Q3 24 | $0.06 | $0.36 | ||
| Q2 24 | $0.06 | $0.54 | ||
| Q1 24 | $0.04 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $7.4B | $5.6B |
| 总资产 | $8.9B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资PLTRRBA
| Q4 25 | $7.2B | $531.5M | ||
| Q3 25 | $6.4B | $674.7M | ||
| Q2 25 | $6.0B | $710.2M | ||
| Q1 25 | $5.4B | $578.1M | ||
| Q4 24 | $5.2B | $533.9M | ||
| Q3 24 | $4.6B | $650.7M | ||
| Q2 24 | $4.0B | $599.5M | ||
| Q1 24 | $3.9B | $462.8M |
总债务PLTRRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益PLTRRBA
| Q4 25 | $7.4B | $5.6B | ||
| Q3 25 | $6.6B | $5.5B | ||
| Q2 25 | $5.9B | $5.5B | ||
| Q1 25 | $5.4B | $5.3B | ||
| Q4 24 | $5.0B | $5.2B | ||
| Q3 24 | $4.5B | $5.2B | ||
| Q2 24 | $4.1B | $5.2B | ||
| Q1 24 | $3.8B | $5.1B |
总资产PLTRRBA
| Q4 25 | $8.9B | $12.1B | ||
| Q3 25 | $8.1B | $12.2B | ||
| Q2 25 | $7.4B | $12.2B | ||
| Q1 25 | $6.7B | $11.9B | ||
| Q4 24 | $6.3B | $11.8B | ||
| Q3 24 | $5.8B | $11.9B | ||
| Q2 24 | $5.2B | $12.1B | ||
| Q1 24 | $4.8B | $12.0B |
负债/权益比PLTRRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| 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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $764.0M | $186.5M |
| 自由现金流率自由现金流/营收 | 54.3% | 15.5% |
| 资本支出强度资本支出/营收 | 0.9% | 5.7% |
| 现金转化率经营现金流/净利润 | 1.28× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $719.2M |
8季度趋势，按日历期对齐
经营现金流PLTRRBA
| Q4 25 | $777.3M | $255.2M | ||
| Q3 25 | $507.7M | $239.7M | ||
| Q2 25 | $539.3M | $326.5M | ||
| Q1 25 | $310.3M | $156.8M | ||
| Q4 24 | $460.3M | $184.5M | ||
| Q3 24 | $419.8M | $285.4M | ||
| Q2 24 | $144.2M | $337.3M | ||
| Q1 24 | $129.6M | $124.8M |
自由现金流PLTRRBA
| Q4 25 | $764.0M | $186.5M | ||
| Q3 25 | $500.9M | $188.5M | ||
| Q2 25 | $531.6M | $241.7M | ||
| Q1 25 | $304.1M | $102.5M | ||
| Q4 24 | $457.2M | $127.9M | ||
| Q3 24 | $415.8M | $248.5M | ||
| Q2 24 | $141.3M | $308.6M | ||
| Q1 24 | $126.9M | $79.6M |
自由现金流率PLTRRBA
| Q4 25 | 54.3% | 15.5% | ||
| Q3 25 | 42.4% | 17.3% | ||
| Q2 25 | 53.0% | 20.4% | ||
| Q1 25 | 34.4% | 9.2% | ||
| Q4 24 | 55.3% | 11.2% | ||
| Q3 24 | 57.3% | 25.3% | ||
| Q2 24 | 20.8% | 28.2% | ||
| Q1 24 | 20.0% | 7.5% |
资本支出强度PLTRRBA
| Q4 25 | 0.9% | 5.7% | ||
| Q3 25 | 0.6% | 4.7% | ||
| Q2 25 | 0.8% | 7.2% | ||
| Q1 25 | 0.7% | 4.9% | ||
| Q4 24 | 0.4% | 5.0% | ||
| Q3 24 | 0.5% | 3.8% | ||
| Q2 24 | 0.4% | 2.6% | ||
| Q1 24 | 0.4% | 4.2% |
现金转化率PLTRRBA
| Q4 25 | 1.28× | 2.33× | ||
| Q3 25 | 1.07× | 2.51× | ||
| Q2 25 | 1.65× | 2.97× | ||
| Q1 25 | 1.45× | 1.38× | ||
| Q4 24 | 5.83× | 1.56× | ||
| Q3 24 | 2.92× | 3.75× | ||
| Q2 24 | 1.08× | 3.04× | ||
| Q1 24 | 1.23× | 1.16× |
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
