vs
Perella Weinberg Partners（PWP）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
Perella Weinberg Partners的季度营收约是Rocket Lab Corp的1.2倍（$219.2M vs $179.7M），Perella Weinberg Partners净利率更高（6.3% vs -29.5%，领先35.8%），Rocket Lab Corp同比增速更快（35.7% vs -2.9%），Perella Weinberg Partners自由现金流更多（$30.5M vs $-114.2M），过去两年Perella Weinberg Partners的营收复合增速更高（46.5% vs 39.2%）
佩雷拉温伯格合伙公司是一家聚焦咨询业务的全球投资银行，核心为客户提供战略与财务领域的专业咨询服务，凭借深厚的行业经验和全球化资源网络，为各类企业的重要商业决策提供专业支持。
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。
PWP vs RKLB — 直观对比
营收规模更大
PWP
是对方的1.2倍
$179.7M
营收增速更快
RKLB
高出38.6%
-2.9%
净利率更高
PWP
高出35.8%
-29.5%
自由现金流更多
PWP
多$144.7M
$-114.2M
两年增速更快
PWP
近两年复合增速
39.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $219.2M | $179.7M |
| 净利润 | $13.8M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 8.5% | -28.4% |
| 净利率 | 6.3% | -29.5% |
| 营收同比 | -2.9% | 35.7% |
| 净利润同比 | — | -1.1% |
| 每股收益（稀释后） | $0.11 | $-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PWPRKLB
| Q4 25 | $219.2M | $179.7M | ||
| Q3 25 | $164.6M | $155.1M | ||
| Q2 25 | $155.3M | $144.5M | ||
| Q1 25 | $211.8M | $122.6M | ||
| Q4 24 | $225.7M | $132.4M | ||
| Q3 24 | $278.2M | $104.8M | ||
| Q2 24 | $272.0M | $106.3M | ||
| Q1 24 | $102.1M | $92.8M |
净利润PWPRKLB
| Q4 25 | $13.8M | $-52.9M | ||
| Q3 25 | $6.0M | $-18.3M | ||
| Q2 25 | $2.7M | $-66.4M | ||
| Q1 25 | $17.3M | $-60.6M | ||
| Q4 24 | — | $-52.3M | ||
| Q3 24 | $16.4M | $-51.9M | ||
| Q2 24 | $-66.0M | $-41.6M | ||
| Q1 24 | $-35.8M | $-44.3M |
毛利率PWPRKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率PWPRKLB
| Q4 25 | 8.5% | -28.4% | ||
| Q3 25 | 5.4% | -38.0% | ||
| Q2 25 | 5.8% | -41.3% | ||
| Q1 25 | 5.5% | -48.3% | ||
| Q4 24 | — | -38.9% | ||
| Q3 24 | 12.9% | -49.5% | ||
| Q2 24 | -30.2% | -40.7% | ||
| Q1 24 | -52.4% | -46.4% |
净利率PWPRKLB
| Q4 25 | 6.3% | -29.5% | ||
| Q3 25 | 3.6% | -11.8% | ||
| Q2 25 | 1.8% | -46.0% | ||
| Q1 25 | 8.2% | -49.5% | ||
| Q4 24 | — | -39.5% | ||
| Q3 24 | 5.9% | -49.6% | ||
| Q2 24 | -24.3% | -39.2% | ||
| Q1 24 | -35.1% | -47.7% |
每股收益（稀释后）PWPRKLB
| Q4 25 | $0.11 | $-0.09 | ||
| Q3 25 | $0.08 | $-0.03 | ||
| Q2 25 | $0.04 | $-0.13 | ||
| Q1 25 | $0.24 | $-0.12 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | $0.24 | $-0.10 | ||
| Q2 24 | $-1.21 | $-0.08 | ||
| Q1 24 | $-0.91 | $-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 | $255.9M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $-127.4M | $1.7B |
| 总资产 | $797.6M | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资PWPRKLB
| Q4 25 | $255.9M | $1.0B | ||
| Q3 25 | $185.5M | $976.7M | ||
| Q2 25 | $145.0M | $688.1M | ||
| Q1 25 | $111.2M | $428.4M | ||
| Q4 24 | $407.4M | $419.0M | ||
| Q3 24 | $335.1M | $442.4M | ||
| Q2 24 | $185.3M | $496.8M | ||
| Q1 24 | $156.7M | $492.5M |
总债务PWPRKLB
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益PWPRKLB
| Q4 25 | $-127.4M | $1.7B | ||
| Q3 25 | $-302.4M | $1.3B | ||
| Q2 25 | $-318.4M | $688.5M | ||
| Q1 25 | $-323.1M | $431.3M | ||
| Q4 24 | $-421.4M | $382.5M | ||
| Q3 24 | $-360.8M | $419.8M | ||
| Q2 24 | $-283.0M | $455.2M | ||
| Q1 24 | $161.9M | $478.9M |
总资产PWPRKLB
| Q4 25 | $797.6M | $2.3B | ||
| Q3 25 | $650.2M | $2.2B | ||
| Q2 25 | $606.7M | $1.6B | ||
| Q1 25 | $570.5M | $1.3B | ||
| Q4 24 | $876.8M | $1.2B | ||
| Q3 24 | $810.9M | $1.2B | ||
| Q2 24 | $645.5M | $1.2B | ||
| Q1 24 | $583.6M | $1.2B |
负债/权益比PWPRKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 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 | $34.8M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $30.5M | $-114.2M |
| 自由现金流率自由现金流/营收 | 13.9% | -63.6% |
| 资本支出强度资本支出/营收 | 2.0% | 27.6% |
| 现金转化率经营现金流/净利润 | 2.52× | — |
| 过去12个月自由现金流最近4个季度 | $-34.1M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流PWPRKLB
| Q4 25 | $34.8M | $-64.5M | ||
| Q3 25 | $59.2M | $-23.5M | ||
| Q2 25 | $56.1M | $-23.2M | ||
| Q1 25 | $-176.5M | $-54.2M | ||
| Q4 24 | $223.4M | $-2.4M | ||
| Q3 24 | $200.3M | $-30.9M | ||
| Q2 24 | $90.0M | $-13.0M | ||
| Q1 24 | $-206.3M | $-2.6M |
自由现金流PWPRKLB
| Q4 25 | $30.5M | $-114.2M | ||
| Q3 25 | $57.6M | $-69.4M | ||
| Q2 25 | $55.3M | $-55.3M | ||
| Q1 25 | $-177.6M | $-82.9M | ||
| Q4 24 | $207.0M | $-23.9M | ||
| Q3 24 | $199.3M | $-41.9M | ||
| Q2 24 | $83.7M | $-28.3M | ||
| Q1 24 | $-214.8M | $-21.8M |
自由现金流率PWPRKLB
| Q4 25 | 13.9% | -63.6% | ||
| Q3 25 | 35.0% | -44.8% | ||
| Q2 25 | 35.6% | -38.3% | ||
| Q1 25 | -83.8% | -67.6% | ||
| Q4 24 | 91.7% | -18.1% | ||
| Q3 24 | 71.6% | -40.0% | ||
| Q2 24 | 30.8% | -26.7% | ||
| Q1 24 | -210.3% | -23.5% |
资本支出强度PWPRKLB
| Q4 25 | 2.0% | 27.6% | ||
| Q3 25 | 0.9% | 29.6% | ||
| Q2 25 | 0.5% | 22.2% | ||
| Q1 25 | 0.5% | 23.4% | ||
| Q4 24 | 7.3% | 16.3% | ||
| Q3 24 | 0.4% | 10.5% | ||
| Q2 24 | 2.3% | 14.4% | ||
| Q1 24 | 8.3% | 20.7% |
现金转化率PWPRKLB
| Q4 25 | 2.52× | — | ||
| Q3 25 | 9.85× | — | ||
| Q2 25 | 20.50× | — | ||
| Q1 25 | -10.18× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 12.23× | — | ||
| Q2 24 | — | — | ||
| 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
PWP
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
