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QUALYS, INC.（QLYS）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QUALYS, INC.的1.0倍（$179.7M vs $175.3M），QUALYS, INC.净利率更高（30.3% vs -29.5%，领先59.8%），Rocket Lab Corp同比增速更快（35.7% vs 10.1%），QUALYS, INC.自由现金流更多（$74.9M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 9.6%）
Qualys是总部位于美国加利福尼亚州福斯特城的科技企业，专注于云安全、合规管理及相关服务，为客户提供覆盖云环境的安全防护与合规解决方案，助力企业应对各类网络安全风险，满足不同行业的合规运营需求。
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。
QLYS vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.0倍
$175.3M
营收增速更快
RKLB
高出25.6%
10.1%
净利率更高
QLYS
高出59.8%
-29.5%
自由现金流更多
QLYS
多$189.1M
$-114.2M
两年增速更快
RKLB
近两年复合增速
9.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $175.3M | $179.7M |
| 净利润 | $53.1M | $-52.9M |
| 毛利率 | 83.4% | 38.0% |
| 营业利润率 | 33.6% | -28.4% |
| 净利率 | 30.3% | -29.5% |
| 营收同比 | 10.1% | 35.7% |
| 净利润同比 | 20.9% | -1.1% |
| 每股收益（稀释后） | $1.47 | $-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QLYSRKLB
| Q4 25 | $175.3M | $179.7M | ||
| Q3 25 | $169.9M | $155.1M | ||
| Q2 25 | $164.1M | $144.5M | ||
| Q1 25 | $159.9M | $122.6M | ||
| Q4 24 | $159.2M | $132.4M | ||
| Q3 24 | $153.9M | $104.8M | ||
| Q2 24 | $148.7M | $106.3M | ||
| Q1 24 | $145.8M | $92.8M |
净利润QLYSRKLB
| Q4 25 | $53.1M | $-52.9M | ||
| Q3 25 | $50.3M | $-18.3M | ||
| Q2 25 | $47.3M | $-66.4M | ||
| Q1 25 | $47.5M | $-60.6M | ||
| Q4 24 | $44.0M | $-52.3M | ||
| Q3 24 | $46.2M | $-51.9M | ||
| Q2 24 | $43.8M | $-41.6M | ||
| Q1 24 | $39.7M | $-44.3M |
毛利率QLYSRKLB
| Q4 25 | 83.4% | 38.0% | ||
| Q3 25 | 83.6% | 37.0% | ||
| Q2 25 | 82.4% | 32.1% | ||
| Q1 25 | 81.9% | 28.8% | ||
| Q4 24 | 81.8% | 27.8% | ||
| Q3 24 | 81.3% | 26.7% | ||
| Q2 24 | 82.2% | 25.6% | ||
| Q1 24 | 81.3% | 26.1% |
营业利润率QLYSRKLB
| Q4 25 | 33.6% | -28.4% | ||
| Q3 25 | 35.3% | -38.0% | ||
| Q2 25 | 31.3% | -41.3% | ||
| Q1 25 | 32.4% | -48.3% | ||
| Q4 24 | 31.0% | -38.9% | ||
| Q3 24 | 29.2% | -49.5% | ||
| Q2 24 | 32.3% | -40.7% | ||
| Q1 24 | 30.7% | -46.4% |
净利率QLYSRKLB
| Q4 25 | 30.3% | -29.5% | ||
| Q3 25 | 29.6% | -11.8% | ||
| Q2 25 | 28.8% | -46.0% | ||
| Q1 25 | 29.7% | -49.5% | ||
| Q4 24 | 27.6% | -39.5% | ||
| Q3 24 | 30.0% | -49.6% | ||
| Q2 24 | 29.4% | -39.2% | ||
| Q1 24 | 27.2% | -47.7% |
每股收益（稀释后）QLYSRKLB
| Q4 25 | $1.47 | $-0.09 | ||
| Q3 25 | $1.39 | $-0.03 | ||
| Q2 25 | $1.29 | $-0.13 | ||
| Q1 25 | $1.29 | $-0.12 | ||
| Q4 24 | $1.19 | $-0.11 | ||
| Q3 24 | $1.24 | $-0.10 | ||
| Q2 24 | $1.17 | $-0.08 | ||
| Q1 24 | $1.05 | $-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 | $250.3M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $561.2M | $1.7B |
| 总资产 | $1.1B | $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QLYSRKLB
| Q4 25 | $250.3M | $1.0B | ||
| Q3 25 | $225.3M | $976.7M | ||
| Q2 25 | $194.0M | $688.1M | ||
| Q1 25 | $290.7M | $428.4M | ||
| Q4 24 | $232.2M | $419.0M | ||
| Q3 24 | $235.4M | $442.4M | ||
| Q2 24 | $281.2M | $496.8M | ||
| Q1 24 | $273.8M | $492.5M |
总债务QLYSRKLB
| 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QLYSRKLB
| Q4 25 | $561.2M | $1.7B | ||
| Q3 25 | $529.4M | $1.3B | ||
| Q2 25 | $508.2M | $688.5M | ||
| Q1 25 | $498.0M | $431.3M | ||
| Q4 24 | $477.1M | $382.5M | ||
| Q3 24 | $449.6M | $419.8M | ||
| Q2 24 | $427.8M | $455.2M | ||
| Q1 24 | $404.2M | $478.9M |
总资产QLYSRKLB
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.0B | $2.2B | ||
| Q2 25 | $999.5M | $1.6B | ||
| Q1 25 | $996.5M | $1.3B | ||
| Q4 24 | $973.5M | $1.2B | ||
| Q3 24 | $908.3M | $1.2B | ||
| Q2 24 | $876.6M | $1.2B | ||
| Q1 24 | $861.8M | $1.2B |
负债/权益比QLYSRKLB
| 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 | $75.7M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $74.9M | $-114.2M |
| 自由现金流率自由现金流/营收 | 42.8% | -63.6% |
| 资本支出强度资本支出/营收 | 0.4% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $304.4M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流QLYSRKLB
| Q4 25 | $75.7M | $-64.5M | ||
| Q3 25 | $90.4M | $-23.5M | ||
| Q2 25 | $33.8M | $-23.2M | ||
| Q1 25 | $109.6M | $-54.2M | ||
| Q4 24 | $47.7M | $-2.4M | ||
| Q3 24 | $61.0M | $-30.9M | ||
| Q2 24 | $49.8M | $-13.0M | ||
| Q1 24 | $85.5M | $-2.6M |
自由现金流QLYSRKLB
| Q4 25 | $74.9M | $-114.2M | ||
| Q3 25 | $89.5M | $-69.4M | ||
| Q2 25 | $32.4M | $-55.3M | ||
| Q1 25 | $107.5M | $-82.9M | ||
| Q4 24 | $41.9M | $-23.9M | ||
| Q3 24 | $57.6M | $-41.9M | ||
| Q2 24 | $48.8M | $-28.3M | ||
| Q1 24 | $83.5M | $-21.8M |
自由现金流率QLYSRKLB
| Q4 25 | 42.8% | -63.6% | ||
| Q3 25 | 52.7% | -44.8% | ||
| Q2 25 | 19.8% | -38.3% | ||
| Q1 25 | 67.3% | -67.6% | ||
| Q4 24 | 26.3% | -18.1% | ||
| Q3 24 | 37.4% | -40.0% | ||
| Q2 24 | 32.8% | -26.7% | ||
| Q1 24 | 57.2% | -23.5% |
资本支出强度QLYSRKLB
| Q4 25 | 0.4% | 27.6% | ||
| Q3 25 | 0.5% | 29.6% | ||
| Q2 25 | 0.8% | 22.2% | ||
| Q1 25 | 1.3% | 23.4% | ||
| Q4 24 | 3.7% | 16.3% | ||
| Q3 24 | 2.2% | 10.5% | ||
| Q2 24 | 0.7% | 14.4% | ||
| Q1 24 | 1.4% | 20.7% |
现金转化率QLYSRKLB
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 2.31× | — | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | 1.32× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 2.15× | — |
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
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
