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帕兰提尔科技（PLTR）与SHOPIFY INC.（SHOP）财务数据对比。点击上方公司名可切换其他公司
SHOPIFY INC.的季度营收约是帕兰提尔科技的2.6倍（$3.7B vs $1.4B），帕兰提尔科技净利率更高（43.3% vs 20.2%，领先23.0%），帕兰提尔科技同比增速更快（70.0% vs 30.6%），帕兰提尔科技自由现金流更多（$764.0M vs $715.0M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 40.5%）
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。
Shopify是总部位于加拿大安大略省渥太华的跨国电商企业，运营零售POS系统及相关服务平台，全球客户超500万，2024年总交易处理额达2923亿美元，其中57%来自美国市场，服务客户包括特斯拉、路威酩轩、雀巢、百事、百威英博、红牛、凯悦等知名品牌。
PLTR vs SHOP — 直观对比
营收规模更大
SHOP
是对方的2.6倍
$1.4B
营收增速更快
PLTR
高出39.4%
30.6%
净利率更高
PLTR
高出23.0%
20.2%
自由现金流更多
PLTR
多$49.0M
$715.0M
两年增速更快
PLTR
近两年复合增速
40.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $3.7B |
| 净利润 | $608.7M | $743.0M |
| 毛利率 | 84.6% | 46.1% |
| 营业利润率 | 40.9% | 17.2% |
| 净利率 | 43.3% | 20.2% |
| 营收同比 | 70.0% | 30.6% |
| 净利润同比 | 670.4% | -42.5% |
| 每股收益（稀释后） | $0.24 | $0.58 |
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PLTRSHOP
| Q4 25 | $1.4B | $3.7B | ||
| Q3 25 | $1.2B | $2.8B | ||
| Q2 25 | $1.0B | $2.7B | ||
| Q1 25 | $883.9M | $2.4B | ||
| Q4 24 | $827.5M | $2.8B | ||
| Q3 24 | $725.5M | $2.2B | ||
| Q2 24 | $678.1M | $2.0B | ||
| Q1 24 | $634.3M | $1.9B |
净利润PLTRSHOP
| Q4 25 | $608.7M | $743.0M | ||
| Q3 25 | $475.6M | $264.0M | ||
| Q2 25 | $326.7M | $906.0M | ||
| Q1 25 | $214.0M | $-682.0M | ||
| Q4 24 | $79.0M | $1.3B | ||
| Q3 24 | $143.5M | $828.0M | ||
| Q2 24 | $134.1M | $171.0M | ||
| Q1 24 | $105.5M | $-273.0M |
毛利率PLTRSHOP
| Q4 25 | 84.6% | 46.1% | ||
| Q3 25 | 82.4% | 48.9% | ||
| Q2 25 | 80.8% | 48.6% | ||
| Q1 25 | 80.4% | 49.5% | ||
| Q4 24 | 78.9% | 48.1% | ||
| Q3 24 | 79.8% | 51.7% | ||
| Q2 24 | 81.0% | 51.1% | ||
| Q1 24 | 81.7% | 51.4% |
营业利润率PLTRSHOP
| Q4 25 | 40.9% | 17.2% | ||
| Q3 25 | 33.3% | 12.1% | ||
| Q2 25 | 26.8% | 10.9% | ||
| Q1 25 | 19.9% | 8.6% | ||
| Q4 24 | 1.3% | 16.5% | ||
| Q3 24 | 15.6% | 13.1% | ||
| Q2 24 | 15.5% | 11.8% | ||
| Q1 24 | 12.8% | 4.6% |
净利率PLTRSHOP
| Q4 25 | 43.3% | 20.2% | ||
| Q3 25 | 40.3% | 9.3% | ||
| Q2 25 | 32.6% | 33.8% | ||
| Q1 25 | 24.2% | -28.9% | ||
| Q4 24 | 9.5% | 46.0% | ||
| Q3 24 | 19.8% | 38.3% | ||
| Q2 24 | 19.8% | 8.4% | ||
| Q1 24 | 16.6% | -14.7% |
每股收益（稀释后）PLTRSHOP
| Q4 25 | $0.24 | $0.58 | ||
| Q3 25 | $0.18 | $0.20 | ||
| Q2 25 | $0.13 | $0.69 | ||
| Q1 25 | $0.08 | $-0.53 | ||
| Q4 24 | $0.03 | $0.99 | ||
| Q3 24 | $0.06 | $0.64 | ||
| Q2 24 | $0.06 | $0.13 | ||
| Q1 24 | $0.04 | $-0.21 |
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 | $5.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.4B | $13.5B |
| 总资产 | $8.9B | $15.2B |
| 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PLTRSHOP
| Q4 25 | $7.2B | $5.8B | ||
| Q3 25 | $6.4B | $6.3B | ||
| Q2 25 | $6.0B | $5.8B | ||
| Q1 25 | $5.4B | $5.5B | ||
| Q4 24 | $5.2B | $5.5B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $3.9B | — |
股东权益PLTRSHOP
| Q4 25 | $7.4B | $13.5B | ||
| Q3 25 | $6.6B | $12.5B | ||
| Q2 25 | $5.9B | $12.1B | ||
| Q1 25 | $5.4B | $11.1B | ||
| Q4 24 | $5.0B | $11.6B | ||
| Q3 24 | $4.5B | $10.1B | ||
| Q2 24 | $4.1B | $9.2B | ||
| Q1 24 | $3.8B | $8.9B |
总资产PLTRSHOP
| Q4 25 | $8.9B | $15.2B | ||
| Q3 25 | $8.1B | $15.0B | ||
| Q2 25 | $7.4B | $14.6B | ||
| Q1 25 | $6.7B | $13.4B | ||
| Q4 24 | $6.3B | $13.9B | ||
| Q3 24 | $5.8B | — | ||
| Q2 24 | $5.2B | — | ||
| Q1 24 | $4.8B | — |
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 | $725.0M |
| 自由现金流经营现金流 - 资本支出 | $764.0M | $715.0M |
| 自由现金流率自由现金流/营收 | 54.3% | 19.5% |
| 资本支出强度资本支出/营收 | 0.9% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.28× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $2.0B |
8季度趋势，按日历期对齐
经营现金流PLTRSHOP
| Q4 25 | $777.3M | $725.0M | ||
| Q3 25 | $507.7M | $513.0M | ||
| Q2 25 | $539.3M | $428.0M | ||
| Q1 25 | $310.3M | $367.0M | ||
| Q4 24 | $460.3M | $615.0M | ||
| Q3 24 | $419.8M | $423.0M | ||
| Q2 24 | $144.2M | $340.0M | ||
| Q1 24 | $129.6M | $238.0M |
自由现金流PLTRSHOP
| Q4 25 | $764.0M | $715.0M | ||
| Q3 25 | $500.9M | $507.0M | ||
| Q2 25 | $531.6M | $422.0M | ||
| Q1 25 | $304.1M | $363.0M | ||
| Q4 24 | $457.2M | $611.0M | ||
| Q3 24 | $415.8M | $421.0M | ||
| Q2 24 | $141.3M | $333.0M | ||
| Q1 24 | $126.9M | $232.0M |
自由现金流率PLTRSHOP
| Q4 25 | 54.3% | 19.5% | ||
| Q3 25 | 42.4% | 17.8% | ||
| Q2 25 | 53.0% | 15.7% | ||
| Q1 25 | 34.4% | 15.4% | ||
| Q4 24 | 55.3% | 21.7% | ||
| Q3 24 | 57.3% | 19.5% | ||
| Q2 24 | 20.8% | 16.3% | ||
| Q1 24 | 20.0% | 12.5% |
资本支出强度PLTRSHOP
| Q4 25 | 0.9% | 0.3% | ||
| Q3 25 | 0.6% | 0.2% | ||
| Q2 25 | 0.8% | 0.2% | ||
| Q1 25 | 0.7% | 0.2% | ||
| Q4 24 | 0.4% | 0.1% | ||
| Q3 24 | 0.5% | 0.1% | ||
| Q2 24 | 0.4% | 0.3% | ||
| Q1 24 | 0.4% | 0.3% |
现金转化率PLTRSHOP
| Q4 25 | 1.28× | 0.98× | ||
| Q3 25 | 1.07× | 1.94× | ||
| Q2 25 | 1.65× | 0.47× | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | 5.83× | 0.48× | ||
| Q3 24 | 2.92× | 0.51× | ||
| Q2 24 | 1.08× | 1.99× | ||
| 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% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
