vs
Perimeter Solutions, Inc.（PRM）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Rocket Lab Corp的季度营收约是Perimeter Solutions, Inc.的1.7倍（$179.7M vs $102.8M），Rocket Lab Corp净利率更高（-29.5% vs -136.5%，领先107.0%），Rocket Lab Corp同比增速更快（35.7% vs 19.2%），Perimeter Solutions, Inc.自由现金流更多（$11.6M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 31.9%）
Perimeter Solutions是一家以色列云与网络安全企业，专为各类机构打造基于零信任架构的安全远程网络方案，其技术可替代VPN、防火墙等传统安全硬件设备，助力企业简化网络安全部署，提升远程访问的安全性与效率。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
PRM vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.7倍
$102.8M
营收增速更快
RKLB
高出16.5%
19.2%
净利率更高
RKLB
高出107.0%
-136.5%
自由现金流更多
PRM
多$125.8M
$-114.2M
两年增速更快
RKLB
近两年复合增速
31.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $102.8M | $179.7M |
| 净利润 | $-140.2M | $-52.9M |
| 毛利率 | 45.2% | 38.0% |
| 营业利润率 | -160.7% | -28.4% |
| 净利率 | -136.5% | -29.5% |
| 营收同比 | 19.2% | 35.7% |
| 净利润同比 | -197.3% | -1.1% |
| 每股收益（稀释后） | $-0.89 | $-0.09 |
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PRMRKLB
| Q4 25 | $102.8M | $179.7M | ||
| Q3 25 | $315.4M | $155.1M | ||
| Q2 25 | $162.6M | $144.5M | ||
| Q1 25 | $72.0M | $122.6M | ||
| Q4 24 | $86.2M | $132.4M | ||
| Q3 24 | $288.4M | $104.8M | ||
| Q2 24 | $127.3M | $106.3M | ||
| Q1 24 | $59.0M | $92.8M |
净利润PRMRKLB
| Q4 25 | $-140.2M | $-52.9M | ||
| Q3 25 | $-90.7M | $-18.3M | ||
| Q2 25 | $-32.2M | $-66.4M | ||
| Q1 25 | $56.7M | $-60.6M | ||
| Q4 24 | $144.2M | $-52.3M | ||
| Q3 24 | $-89.2M | $-51.9M | ||
| Q2 24 | $21.6M | $-41.6M | ||
| Q1 24 | $-82.6M | $-44.3M |
毛利率PRMRKLB
| Q4 25 | 45.2% | 38.0% | ||
| Q3 25 | 63.1% | 37.0% | ||
| Q2 25 | 62.4% | 32.1% | ||
| Q1 25 | 39.1% | 28.8% | ||
| Q4 24 | 48.6% | 27.8% | ||
| Q3 24 | 62.8% | 26.7% | ||
| Q2 24 | 57.6% | 25.6% | ||
| Q1 24 | 35.1% | 26.1% |
营业利润率PRMRKLB
| Q4 25 | -160.7% | -28.4% | ||
| Q3 25 | -27.7% | -38.0% | ||
| Q2 25 | -16.1% | -41.3% | ||
| Q1 25 | — | -48.3% | ||
| Q4 24 | 71.1% | -38.9% | ||
| Q3 24 | -12.2% | -49.5% | ||
| Q2 24 | 35.4% | -40.7% | ||
| Q1 24 | -126.8% | -46.4% |
净利率PRMRKLB
| Q4 25 | -136.5% | -29.5% | ||
| Q3 25 | -28.7% | -11.8% | ||
| Q2 25 | -19.8% | -46.0% | ||
| Q1 25 | 78.7% | -49.5% | ||
| Q4 24 | 167.2% | -39.5% | ||
| Q3 24 | -30.9% | -49.6% | ||
| Q2 24 | 17.0% | -39.2% | ||
| Q1 24 | -139.8% | -47.7% |
每股收益（稀释后）PRMRKLB
| Q4 25 | $-0.89 | $-0.09 | ||
| Q3 25 | $-0.62 | $-0.03 | ||
| Q2 25 | $-0.22 | $-0.13 | ||
| Q1 25 | $0.36 | $-0.12 | ||
| Q4 24 | $1.00 | $-0.11 | ||
| Q3 24 | $-0.61 | $-0.10 | ||
| Q2 24 | $0.14 | $-0.08 | ||
| Q1 24 | $-0.57 | $-0.09 |
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 | $325.9M | $1.0B |
| 总债务越低越好 | $669.1M | $152.4M |
| 股东权益账面价值 | $1.1B | $1.7B |
| 总资产 | $2.7B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资PRMRKLB
| Q4 25 | $325.9M | $1.0B | ||
| Q3 25 | $340.6M | $976.7M | ||
| Q2 25 | $140.7M | $688.1M | ||
| Q1 25 | $200.1M | $428.4M | ||
| Q4 24 | $198.5M | $419.0M | ||
| Q3 24 | $223.1M | $442.4M | ||
| Q2 24 | $43.2M | $496.8M | ||
| Q1 24 | $38.7M | $492.5M |
总债务PRMRKLB
| Q4 25 | $669.1M | $152.4M | ||
| Q3 25 | $668.8M | $347.0M | ||
| Q2 25 | $668.4M | $346.5M | ||
| Q1 25 | $668.1M | $345.9M | ||
| Q4 24 | $667.8M | $345.4M | ||
| Q3 24 | $667.4M | $61.2M | ||
| Q2 24 | $667.1M | $64.2M | ||
| Q1 24 | $666.8M | $66.8M |
股东权益PRMRKLB
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.2B | $688.5M | ||
| Q1 25 | $1.2B | $431.3M | ||
| Q4 24 | $1.2B | $382.5M | ||
| Q3 24 | $1.0B | $419.8M | ||
| Q2 24 | $1.1B | $455.2M | ||
| Q1 24 | $1.1B | $478.9M |
总资产PRMRKLB
| Q4 25 | $2.7B | $2.3B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.5B | $1.6B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.5B | $1.2B | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
负债/权益比PRMRKLB
| Q4 25 | 0.59× | 0.09× | ||
| Q3 25 | 0.60× | 0.27× | ||
| Q2 25 | 0.57× | 0.50× | ||
| Q1 25 | 0.55× | 0.80× | ||
| Q4 24 | 0.58× | 0.90× | ||
| Q3 24 | 0.67× | 0.15× | ||
| Q2 24 | 0.62× | 0.14× | ||
| Q1 24 | 0.63× | 0.14× |
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 | $18.6M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $-114.2M |
| 自由现金流率自由现金流/营收 | 11.3% | -63.6% |
| 资本支出强度资本支出/营收 | 6.8% | 27.6% |
| 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 | $208.6M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流PRMRKLB
| Q4 25 | $18.6M | $-64.5M | ||
| Q3 25 | $198.7M | $-23.5M | ||
| Q2 25 | $-2.9M | $-23.2M | ||
| Q1 25 | $23.7M | $-54.2M | ||
| Q4 24 | $-6.0M | $-2.4M | ||
| Q3 24 | $183.0M | $-30.9M | ||
| Q2 24 | $8.6M | $-13.0M | ||
| Q1 24 | $2.8M | $-2.6M |
自由现金流PRMRKLB
| Q4 25 | $11.6M | $-114.2M | ||
| Q3 25 | $193.6M | $-69.4M | ||
| Q2 25 | $-15.6M | $-55.3M | ||
| Q1 25 | $18.9M | $-82.9M | ||
| Q4 24 | $-12.4M | $-23.9M | ||
| Q3 24 | $179.1M | $-41.9M | ||
| Q2 24 | $5.0M | $-28.3M | ||
| Q1 24 | $1.2M | $-21.8M |
自由现金流率PRMRKLB
| Q4 25 | 11.3% | -63.6% | ||
| Q3 25 | 61.4% | -44.8% | ||
| Q2 25 | -9.6% | -38.3% | ||
| Q1 25 | 26.3% | -67.6% | ||
| Q4 24 | -14.4% | -18.1% | ||
| Q3 24 | 62.1% | -40.0% | ||
| Q2 24 | 3.9% | -26.7% | ||
| Q1 24 | 2.1% | -23.5% |
资本支出强度PRMRKLB
| Q4 25 | 6.8% | 27.6% | ||
| Q3 25 | 1.6% | 29.6% | ||
| Q2 25 | 7.8% | 22.2% | ||
| Q1 25 | 6.7% | 23.4% | ||
| Q4 24 | 7.5% | 16.3% | ||
| Q3 24 | 1.3% | 10.5% | ||
| Q2 24 | 2.9% | 14.4% | ||
| Q1 24 | 2.6% | 20.7% |
现金转化率PRMRKLB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | -0.04× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.40× | — | ||
| Q1 24 | — | — |
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
PRM
| Products | $87.7M | 85% |
| Service And Other | $14.8M | 14% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
