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帕兰提尔科技（PLTR）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是帕兰提尔科技的1.2倍（$1.7B vs $1.4B），帕兰提尔科技净利率更高（43.3% vs 2.6%，领先40.6%），帕兰提尔科技同比增速更快（70.0% vs 10.2%），帕兰提尔科技自由现金流更多（$764.0M vs $205.6M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 19.9%）
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。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
PLTR vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1.2倍
$1.4B
营收增速更快
PLTR
高出59.8%
10.2%
净利率更高
PLTR
高出40.6%
2.6%
自由现金流更多
PLTR
多$558.5M
$205.6M
两年增速更快
PLTR
近两年复合增速
19.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.7B |
| 净利润 | $608.7M | $45.2M |
| 毛利率 | 84.6% | 59.1% |
| 营业利润率 | 40.9% | 2.9% |
| 净利率 | 43.3% | 2.6% |
| 营收同比 | 70.0% | 10.2% |
| 净利润同比 | 670.4% | 396.7% |
| 每股收益（稀释后） | $0.24 | $0.03 |
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PLTRSNAP
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $883.9M | $1.4B | ||
| Q4 24 | $827.5M | $1.6B | ||
| Q3 24 | $725.5M | $1.4B | ||
| Q2 24 | $678.1M | $1.2B | ||
| Q1 24 | $634.3M | $1.2B |
净利润PLTRSNAP
| Q4 25 | $608.7M | $45.2M | ||
| Q3 25 | $475.6M | $-103.5M | ||
| Q2 25 | $326.7M | $-262.6M | ||
| Q1 25 | $214.0M | $-139.6M | ||
| Q4 24 | $79.0M | $9.1M | ||
| Q3 24 | $143.5M | $-153.2M | ||
| Q2 24 | $134.1M | $-248.6M | ||
| Q1 24 | $105.5M | $-305.1M |
毛利率PLTRSNAP
| Q4 25 | 84.6% | 59.1% | ||
| Q3 25 | 82.4% | 55.3% | ||
| Q2 25 | 80.8% | 51.4% | ||
| Q1 25 | 80.4% | 53.1% | ||
| Q4 24 | 78.9% | 56.9% | ||
| Q3 24 | 79.8% | 53.5% | ||
| Q2 24 | 81.0% | 52.4% | ||
| Q1 24 | 81.7% | 51.9% |
营业利润率PLTRSNAP
| Q4 25 | 40.9% | 2.9% | ||
| Q3 25 | 33.3% | -8.5% | ||
| Q2 25 | 26.8% | -19.3% | ||
| Q1 25 | 19.9% | -14.2% | ||
| Q4 24 | 1.3% | -1.7% | ||
| Q3 24 | 15.6% | -12.6% | ||
| Q2 24 | 15.5% | -20.5% | ||
| Q1 24 | 12.8% | -27.9% |
净利率PLTRSNAP
| Q4 25 | 43.3% | 2.6% | ||
| Q3 25 | 40.3% | -6.9% | ||
| Q2 25 | 32.6% | -19.5% | ||
| Q1 25 | 24.2% | -10.2% | ||
| Q4 24 | 9.5% | 0.6% | ||
| Q3 24 | 19.8% | -11.2% | ||
| Q2 24 | 19.8% | -20.1% | ||
| Q1 24 | 16.6% | -25.5% |
每股收益（稀释后）PLTRSNAP
| Q4 25 | $0.24 | $0.03 | ||
| Q3 25 | $0.18 | $-0.06 | ||
| Q2 25 | $0.13 | $-0.16 | ||
| Q1 25 | $0.08 | $-0.08 | ||
| Q4 24 | $0.03 | $0.01 | ||
| Q3 24 | $0.06 | $-0.09 | ||
| Q2 24 | $0.06 | $-0.15 | ||
| Q1 24 | $0.04 | $-0.19 |
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 | $2.9B |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $7.4B | $2.3B |
| 总资产 | $8.9B | $7.7B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资PLTRSNAP
| Q4 25 | $7.2B | $2.9B | ||
| Q3 25 | $6.4B | $3.0B | ||
| Q2 25 | $6.0B | $2.9B | ||
| Q1 25 | $5.4B | $3.2B | ||
| Q4 24 | $5.2B | $3.4B | ||
| Q3 24 | $4.6B | $3.2B | ||
| Q2 24 | $4.0B | $3.1B | ||
| Q1 24 | $3.9B | $2.9B |
总债务PLTRSNAP
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.3B |
股东权益PLTRSNAP
| Q4 25 | $7.4B | $2.3B | ||
| Q3 25 | $6.6B | $2.2B | ||
| Q2 25 | $5.9B | $2.1B | ||
| Q1 25 | $5.4B | $2.3B | ||
| Q4 24 | $5.0B | $2.5B | ||
| Q3 24 | $4.5B | $2.2B | ||
| Q2 24 | $4.1B | $2.1B | ||
| Q1 24 | $3.8B | $2.1B |
总资产PLTRSNAP
| Q4 25 | $8.9B | $7.7B | ||
| Q3 25 | $8.1B | $7.6B | ||
| Q2 25 | $7.4B | $7.4B | ||
| Q1 25 | $6.7B | $7.6B | ||
| Q4 24 | $6.3B | $7.9B | ||
| Q3 24 | $5.8B | $7.6B | ||
| Q2 24 | $5.2B | $7.4B | ||
| Q1 24 | $4.8B | $7.2B |
负债/权益比PLTRSNAP
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.55× |
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 | $269.6M |
| 自由现金流经营现金流 - 资本支出 | $764.0M | $205.6M |
| 自由现金流率自由现金流/营收 | 54.3% | 12.0% |
| 资本支出强度资本支出/营收 | 0.9% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.28× | 5.96× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $437.2M |
8季度趋势，按日历期对齐
经营现金流PLTRSNAP
| Q4 25 | $777.3M | $269.6M | ||
| Q3 25 | $507.7M | $146.5M | ||
| Q2 25 | $539.3M | $88.5M | ||
| Q1 25 | $310.3M | $151.6M | ||
| Q4 24 | $460.3M | $230.6M | ||
| Q3 24 | $419.8M | $115.9M | ||
| Q2 24 | $144.2M | $-21.4M | ||
| Q1 24 | $129.6M | $88.4M |
自由现金流PLTRSNAP
| Q4 25 | $764.0M | $205.6M | ||
| Q3 25 | $500.9M | $93.4M | ||
| Q2 25 | $531.6M | $23.8M | ||
| Q1 25 | $304.1M | $114.4M | ||
| Q4 24 | $457.2M | $182.4M | ||
| Q3 24 | $415.8M | $71.8M | ||
| Q2 24 | $141.3M | $-73.4M | ||
| Q1 24 | $126.9M | $37.9M |
自由现金流率PLTRSNAP
| Q4 25 | 54.3% | 12.0% | ||
| Q3 25 | 42.4% | 6.2% | ||
| Q2 25 | 53.0% | 1.8% | ||
| Q1 25 | 34.4% | 8.4% | ||
| Q4 24 | 55.3% | 11.7% | ||
| Q3 24 | 57.3% | 5.2% | ||
| Q2 24 | 20.8% | -5.9% | ||
| Q1 24 | 20.0% | 3.2% |
资本支出强度PLTRSNAP
| Q4 25 | 0.9% | 3.7% | ||
| Q3 25 | 0.6% | 3.5% | ||
| Q2 25 | 0.8% | 4.8% | ||
| Q1 25 | 0.7% | 2.7% | ||
| Q4 24 | 0.4% | 3.1% | ||
| Q3 24 | 0.5% | 3.2% | ||
| Q2 24 | 0.4% | 4.2% | ||
| Q1 24 | 0.4% | 4.2% |
现金转化率PLTRSNAP
| Q4 25 | 1.28× | 5.96× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.65× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | 5.83× | 25.34× | ||
| Q3 24 | 2.92× | — | ||
| Q2 24 | 1.08× | — | ||
| 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% |
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
