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Rocket Lab Corp（RKLB）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是Rocket Lab Corp的1.3倍（$225.0M vs $179.7M），Rocket Lab Corp同比增速更快（35.7% vs 24.9%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
RKLB vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.3倍
$179.7M
营收增速更快
RKLB
高出10.8%
24.9%
自由现金流更多
ROCK
多$140.4M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $179.7M | $225.0M |
| 净利润 | $-52.9M | — |
| 毛利率 | 38.0% | 25.3% |
| 营业利润率 | -28.4% | 7.9% |
| 净利率 | -29.5% | — |
| 营收同比 | 35.7% | 24.9% |
| 净利润同比 | -1.1% | — |
| 每股收益（稀释后） | $-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RKLBROCK
| Q4 25 | $179.7M | $225.0M | ||
| Q3 25 | $155.1M | $310.9M | ||
| Q2 25 | $144.5M | $309.5M | ||
| Q1 25 | $122.6M | $290.0M | ||
| Q4 24 | $132.4M | $180.1M | ||
| Q3 24 | $104.8M | $277.1M | ||
| Q2 24 | $106.3M | $273.6M | ||
| Q1 24 | $92.8M | $292.5M |
净利润RKLBROCK
| Q4 25 | $-52.9M | — | ||
| Q3 25 | $-18.3M | $-89.1M | ||
| Q2 25 | $-66.4M | $26.0M | ||
| Q1 25 | $-60.6M | $21.1M | ||
| Q4 24 | $-52.3M | — | ||
| Q3 24 | $-51.9M | $34.0M | ||
| Q2 24 | $-41.6M | $32.2M | ||
| Q1 24 | $-44.3M | $24.9M |
毛利率RKLBROCK
| Q4 25 | 38.0% | 25.3% | ||
| Q3 25 | 37.0% | 26.6% | ||
| Q2 25 | 32.1% | 28.4% | ||
| Q1 25 | 28.8% | 26.8% | ||
| Q4 24 | 27.8% | 29.0% | ||
| Q3 24 | 26.7% | 29.4% | ||
| Q2 24 | 25.6% | 30.5% | ||
| Q1 24 | 26.1% | 28.9% |
营业利润率RKLBROCK
| Q4 25 | -28.4% | 7.9% | ||
| Q3 25 | -38.0% | 12.8% | ||
| Q2 25 | -41.3% | 12.8% | ||
| Q1 25 | -48.3% | 8.8% | ||
| Q4 24 | -38.9% | 13.3% | ||
| Q3 24 | -49.5% | 15.6% | ||
| Q2 24 | -40.7% | 14.9% | ||
| Q1 24 | -46.4% | 10.8% |
净利率RKLBROCK
| Q4 25 | -29.5% | — | ||
| Q3 25 | -11.8% | -28.6% | ||
| Q2 25 | -46.0% | 8.4% | ||
| Q1 25 | -49.5% | 7.3% | ||
| Q4 24 | -39.5% | — | ||
| Q3 24 | -49.6% | 12.3% | ||
| Q2 24 | -39.2% | 11.8% | ||
| Q1 24 | -47.7% | 8.5% |
每股收益（稀释后）RKLBROCK
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-0.03 | $-2.98 | ||
| Q2 25 | $-0.13 | $0.87 | ||
| Q1 25 | $-0.12 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $-0.10 | $1.11 | ||
| Q2 24 | $-0.08 | $1.05 | ||
| Q1 24 | $-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 | $1.0B | $115.7M |
| 总债务越低越好 | $152.4M | $0 |
| 股东权益账面价值 | $1.7B | $950.4M |
| 总资产 | $2.3B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.09× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资RKLBROCK
| Q4 25 | $1.0B | $115.7M | ||
| Q3 25 | $976.7M | $89.4M | ||
| Q2 25 | $688.1M | $43.3M | ||
| Q1 25 | $428.4M | $25.1M | ||
| Q4 24 | $419.0M | $269.5M | ||
| Q3 24 | $442.4M | $228.9M | ||
| Q2 24 | $496.8M | $179.1M | ||
| Q1 24 | $492.5M | $146.7M |
总债务RKLBROCK
| Q4 25 | $152.4M | $0 | ||
| Q3 25 | $347.0M | $0 | ||
| Q2 25 | $346.5M | $0 | ||
| Q1 25 | $345.9M | $0 | ||
| Q4 24 | $345.4M | $0 | ||
| Q3 24 | $61.2M | $0 | ||
| Q2 24 | $64.2M | $0 | ||
| Q1 24 | $66.8M | $0 |
股东权益RKLBROCK
| Q4 25 | $1.7B | $950.4M | ||
| Q3 25 | $1.3B | $951.8M | ||
| Q2 25 | $688.5M | $1.0B | ||
| Q1 25 | $431.3M | $1.0B | ||
| Q4 24 | $382.5M | $1.0B | ||
| Q3 24 | $419.8M | $1.0B | ||
| Q2 24 | $455.2M | $975.7M | ||
| Q1 24 | $478.9M | $940.2M |
总资产RKLBROCK
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $1.6B | $1.5B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.2B | $1.4B | ||
| Q1 24 | $1.2B | $1.3B |
负债/权益比RKLBROCK
| Q4 25 | 0.09× | 0.00× | ||
| Q3 25 | 0.27× | 0.00× | ||
| Q2 25 | 0.50× | 0.00× | ||
| Q1 25 | 0.80× | 0.00× | ||
| 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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-114.2M | $26.2M |
| 自由现金流率自由现金流/营收 | -63.6% | 11.7% |
| 资本支出强度资本支出/营收 | 27.6% | 4.1% |
| 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 | $-321.8M | $120.6M |
8季度趋势，按日历期对齐
经营现金流RKLBROCK
| Q4 25 | $-64.5M | $35.5M | ||
| Q3 25 | $-23.5M | $73.0M | ||
| Q2 25 | $-23.2M | $44.9M | ||
| Q1 25 | $-54.2M | $13.7M | ||
| Q4 24 | $-2.4M | $19.9M | ||
| Q3 24 | $-30.9M | $64.7M | ||
| Q2 24 | $-13.0M | $36.5M | ||
| Q1 24 | $-2.6M | $53.2M |
自由现金流RKLBROCK
| Q4 25 | $-114.2M | $26.2M | ||
| Q3 25 | $-69.4M | $64.8M | ||
| Q2 25 | $-55.3M | $27.3M | ||
| Q1 25 | $-82.9M | $2.3M | ||
| Q4 24 | $-23.9M | $14.1M | ||
| Q3 24 | $-41.9M | $60.5M | ||
| Q2 24 | $-28.3M | $33.5M | ||
| Q1 24 | $-21.8M | $48.8M |
自由现金流率RKLBROCK
| Q4 25 | -63.6% | 11.7% | ||
| Q3 25 | -44.8% | 20.8% | ||
| Q2 25 | -38.3% | 8.8% | ||
| Q1 25 | -67.6% | 0.8% | ||
| Q4 24 | -18.1% | 7.8% | ||
| Q3 24 | -40.0% | 21.8% | ||
| Q2 24 | -26.7% | 12.2% | ||
| Q1 24 | -23.5% | 16.7% |
资本支出强度RKLBROCK
| Q4 25 | 27.6% | 4.1% | ||
| Q3 25 | 29.6% | 2.6% | ||
| Q2 25 | 22.2% | 5.7% | ||
| Q1 25 | 23.4% | 3.9% | ||
| Q4 24 | 16.3% | 3.3% | ||
| Q3 24 | 10.5% | 1.5% | ||
| Q2 24 | 14.4% | 1.1% | ||
| Q1 24 | 20.7% | 1.5% |
现金转化率RKLBROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
