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Rocket Lab Corp（RKLB）与Ranger Energy Services, Inc.（RNGR）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Ranger Energy Services, Inc.的1.3倍（$179.7M vs $142.2M），Ranger Energy Services, Inc.净利率更高（2.3% vs -29.5%，领先31.7%），Rocket Lab Corp同比增速更快（35.7% vs -0.6%），Ranger Energy Services, Inc.自由现金流更多（$17.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 1.9%）
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。
Ranger Energy Services是北美领先的陆上油田服务提供商，为上游油气运营商提供完井、修井、钻机作业及产能优化等全套解决方案，业务主要覆盖美国本土的页岩和致密资源开采作业区。
RKLB vs RNGR — 直观对比
营收规模更大
RKLB
是对方的1.3倍
$142.2M
营收增速更快
RKLB
高出36.3%
-0.6%
净利率更高
RNGR
高出31.7%
-29.5%
自由现金流更多
RNGR
多$131.3M
$-114.2M
两年增速更快
RKLB
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $179.7M | $142.2M |
| 净利润 | $-52.9M | $3.2M |
| 毛利率 | 38.0% | — |
| 营业利润率 | -28.4% | 2.3% |
| 净利率 | -29.5% | 2.3% |
| 营收同比 | 35.7% | -0.6% |
| 净利润同比 | -1.1% | -44.8% |
| 每股收益（稀释后） | $-0.09 | $0.14 |
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RKLBRNGR
| Q4 25 | $179.7M | $142.2M | ||
| Q3 25 | $155.1M | $128.9M | ||
| Q2 25 | $144.5M | $140.6M | ||
| Q1 25 | $122.6M | $135.2M | ||
| Q4 24 | $132.4M | $143.1M | ||
| Q3 24 | $104.8M | $153.0M | ||
| Q2 24 | $106.3M | $138.1M | ||
| Q1 24 | $92.8M | $136.9M |
净利润RKLBRNGR
| Q4 25 | $-52.9M | $3.2M | ||
| Q3 25 | $-18.3M | $1.2M | ||
| Q2 25 | $-66.4M | $7.3M | ||
| Q1 25 | $-60.6M | $600.0K | ||
| Q4 24 | $-52.3M | $5.8M | ||
| Q3 24 | $-51.9M | $8.7M | ||
| Q2 24 | $-41.6M | $4.7M | ||
| Q1 24 | $-44.3M | $-800.0K |
毛利率RKLBRNGR
| 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RKLBRNGR
| Q4 25 | -28.4% | 2.3% | ||
| Q3 25 | -38.0% | 2.0% | ||
| Q2 25 | -41.3% | 6.1% | ||
| Q1 25 | -48.3% | 0.7% | ||
| Q4 24 | -38.9% | 6.2% | ||
| Q3 24 | -49.5% | 8.4% | ||
| Q2 24 | -40.7% | 5.3% | ||
| Q1 24 | -46.4% | -0.4% |
净利率RKLBRNGR
| Q4 25 | -29.5% | 2.3% | ||
| Q3 25 | -11.8% | 0.9% | ||
| Q2 25 | -46.0% | 5.2% | ||
| Q1 25 | -49.5% | 0.4% | ||
| Q4 24 | -39.5% | 4.1% | ||
| Q3 24 | -49.6% | 5.7% | ||
| Q2 24 | -39.2% | 3.4% | ||
| Q1 24 | -47.7% | -0.6% |
每股收益（稀释后）RKLBRNGR
| Q4 25 | $-0.09 | $0.14 | ||
| Q3 25 | $-0.03 | $0.05 | ||
| Q2 25 | $-0.13 | $0.32 | ||
| Q1 25 | $-0.12 | $0.03 | ||
| Q4 24 | $-0.11 | $0.24 | ||
| Q3 24 | $-0.10 | $0.39 | ||
| Q2 24 | $-0.08 | $0.21 | ||
| Q1 24 | $-0.09 | $-0.03 |
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 | $1.0B | $10.3M |
| 总债务越低越好 | $152.4M | — |
| 股东权益账面价值 | $1.7B | $300.1M |
| 总资产 | $2.3B | $419.3M |
| 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RKLBRNGR
| Q4 25 | $1.0B | $10.3M | ||
| Q3 25 | $976.7M | $45.2M | ||
| Q2 25 | $688.1M | $48.9M | ||
| Q1 25 | $428.4M | $40.3M | ||
| Q4 24 | $419.0M | $40.9M | ||
| Q3 24 | $442.4M | $14.8M | ||
| Q2 24 | $496.8M | $8.7M | ||
| Q1 24 | $492.5M | $11.1M |
总债务RKLBRNGR
| Q4 25 | $152.4M | — | ||
| Q3 25 | $347.0M | — | ||
| Q2 25 | $346.5M | — | ||
| Q1 25 | $345.9M | — | ||
| Q4 24 | $345.4M | $0 | ||
| Q3 24 | $61.2M | $0 | ||
| Q2 24 | $64.2M | $0 | ||
| Q1 24 | $66.8M | $0 |
股东权益RKLBRNGR
| Q4 25 | $1.7B | $300.1M | ||
| Q3 25 | $1.3B | $270.0M | ||
| Q2 25 | $688.5M | $276.9M | ||
| Q1 25 | $431.3M | $272.6M | ||
| Q4 24 | $382.5M | $273.8M | ||
| Q3 24 | $419.8M | $267.6M | ||
| Q2 24 | $455.2M | $260.5M | ||
| Q1 24 | $478.9M | $261.7M |
总资产RKLBRNGR
| Q4 25 | $2.3B | $419.3M | ||
| Q3 25 | $2.2B | $372.8M | ||
| Q2 25 | $1.6B | $381.7M | ||
| Q1 25 | $1.3B | $376.5M | ||
| Q4 24 | $1.2B | $381.6M | ||
| Q3 24 | $1.2B | $373.9M | ||
| Q2 24 | $1.2B | $359.6M | ||
| Q1 24 | $1.2B | $355.5M |
负债/权益比RKLBRNGR
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.80× | — | ||
| Q4 24 | 0.90× | 0.00× | ||
| Q3 24 | 0.15× | 0.00× | ||
| Q2 24 | 0.14× | 0.00× | ||
| Q1 24 | 0.14× | 0.00× |
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 | $-64.5M | $24.1M |
| 自由现金流经营现金流 - 资本支出 | $-114.2M | $17.1M |
| 自由现金流率自由现金流/营收 | -63.6% | 12.0% |
| 资本支出强度资本支出/营收 | 27.6% | 4.9% |
| 现金转化率经营现金流/净利润 | — | 7.53× |
| 过去12个月自由现金流最近4个季度 | $-321.8M | $42.9M |
8季度趋势，按日历期对齐
经营现金流RKLBRNGR
| Q4 25 | $-64.5M | $24.1M | ||
| Q3 25 | $-23.5M | $13.6M | ||
| Q2 25 | $-23.2M | $20.7M | ||
| Q1 25 | $-54.2M | $10.6M | ||
| Q4 24 | $-2.4M | $32.7M | ||
| Q3 24 | $-30.9M | $17.7M | ||
| Q2 24 | $-13.0M | $22.1M | ||
| Q1 24 | $-2.6M | $12.0M |
自由现金流RKLBRNGR
| Q4 25 | $-114.2M | $17.1M | ||
| Q3 25 | $-69.4M | $8.0M | ||
| Q2 25 | $-55.3M | $14.4M | ||
| Q1 25 | $-82.9M | $3.4M | ||
| Q4 24 | $-23.9M | $27.3M | ||
| Q3 24 | $-41.9M | $10.8M | ||
| Q2 24 | $-28.3M | $6.8M | ||
| Q1 24 | $-21.8M | $5.5M |
自由现金流率RKLBRNGR
| Q4 25 | -63.6% | 12.0% | ||
| Q3 25 | -44.8% | 6.2% | ||
| Q2 25 | -38.3% | 10.2% | ||
| Q1 25 | -67.6% | 2.5% | ||
| Q4 24 | -18.1% | 19.1% | ||
| Q3 24 | -40.0% | 7.1% | ||
| Q2 24 | -26.7% | 4.9% | ||
| Q1 24 | -23.5% | 4.0% |
资本支出强度RKLBRNGR
| Q4 25 | 27.6% | 4.9% | ||
| Q3 25 | 29.6% | 4.3% | ||
| Q2 25 | 22.2% | 4.5% | ||
| Q1 25 | 23.4% | 5.3% | ||
| Q4 24 | 16.3% | 3.8% | ||
| Q3 24 | 10.5% | 4.5% | ||
| Q2 24 | 14.4% | 11.1% | ||
| Q1 24 | 20.7% | 4.7% |
现金转化率RKLBRNGR
| Q4 25 | — | 7.53× | ||
| Q3 25 | — | 11.33× | ||
| Q2 25 | — | 2.84× | ||
| Q1 25 | — | 17.67× | ||
| Q4 24 | — | 5.64× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | — | 4.70× | ||
| 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
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
RNGR
| High Specification Rigs | $92.3M | 65% |
| Processing Solutions And Ancillary Services | $37.5M | 26% |
| Wireline Services | $12.4M | 9% |
