vs
Rocket Lab Corp（RKLB）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是Rocket Lab Corp的1.2倍（$217.4M vs $179.7M），Rapid7, Inc.净利率更高（1.4% vs -29.5%，领先30.9%），Rocket Lab Corp同比增速更快（35.7% vs 0.5%），Rapid7, Inc.自由现金流更多（$36.4M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 3.0%）
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。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
RKLB vs RPD — 直观对比
营收规模更大
RPD
是对方的1.2倍
$179.7M
营收增速更快
RKLB
高出35.2%
0.5%
净利率更高
RPD
高出30.9%
-29.5%
自由现金流更多
RPD
多$150.6M
$-114.2M
两年增速更快
RKLB
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $179.7M | $217.4M |
| 净利润 | $-52.9M | $3.1M |
| 毛利率 | 38.0% | 68.9% |
| 营业利润率 | -28.4% | 1.0% |
| 净利率 | -29.5% | 1.4% |
| 营收同比 | 35.7% | 0.5% |
| 净利润同比 | -1.1% | 44.1% |
| 每股收益（稀释后） | $-0.09 | $0.05 |
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RKLBRPD
| Q4 25 | $179.7M | $217.4M | ||
| Q3 25 | $155.1M | $218.0M | ||
| Q2 25 | $144.5M | $214.2M | ||
| Q1 25 | $122.6M | $210.3M | ||
| Q4 24 | $132.4M | $216.3M | ||
| Q3 24 | $104.8M | $214.7M | ||
| Q2 24 | $106.3M | $208.0M | ||
| Q1 24 | $92.8M | $205.1M |
净利润RKLBRPD
| Q4 25 | $-52.9M | $3.1M | ||
| Q3 25 | $-18.3M | $9.8M | ||
| Q2 25 | $-66.4M | $8.3M | ||
| Q1 25 | $-60.6M | $2.1M | ||
| Q4 24 | $-52.3M | $2.2M | ||
| Q3 24 | $-51.9M | $15.4M | ||
| Q2 24 | $-41.6M | $6.5M | ||
| Q1 24 | $-44.3M | $1.4M |
毛利率RKLBRPD
| Q4 25 | 38.0% | 68.9% | ||
| Q3 25 | 37.0% | 70.2% | ||
| Q2 25 | 32.1% | 70.6% | ||
| Q1 25 | 28.8% | 71.7% | ||
| Q4 24 | 27.8% | 69.5% | ||
| Q3 24 | 26.7% | 70.6% | ||
| Q2 24 | 25.6% | 70.7% | ||
| Q1 24 | 26.1% | 70.3% |
营业利润率RKLBRPD
| Q4 25 | -28.4% | 1.0% | ||
| Q3 25 | -38.0% | 2.7% | ||
| Q2 25 | -41.3% | 1.6% | ||
| Q1 25 | -48.3% | -0.0% | ||
| Q4 24 | -38.9% | 3.4% | ||
| Q3 24 | -49.5% | 6.0% | ||
| Q2 24 | -40.7% | 2.5% | ||
| Q1 24 | -46.4% | 4.7% |
净利率RKLBRPD
| Q4 25 | -29.5% | 1.4% | ||
| Q3 25 | -11.8% | 4.5% | ||
| Q2 25 | -46.0% | 3.9% | ||
| Q1 25 | -49.5% | 1.0% | ||
| Q4 24 | -39.5% | 1.0% | ||
| Q3 24 | -49.6% | 7.2% | ||
| Q2 24 | -39.2% | 3.1% | ||
| Q1 24 | -47.7% | 0.7% |
每股收益（稀释后）RKLBRPD
| Q4 25 | $-0.09 | $0.05 | ||
| Q3 25 | $-0.03 | $0.15 | ||
| Q2 25 | $-0.13 | $0.13 | ||
| Q1 25 | $-0.12 | $0.03 | ||
| Q4 24 | $-0.11 | $0.08 | ||
| Q3 24 | $-0.10 | $0.21 | ||
| Q2 24 | $-0.08 | $0.09 | ||
| Q1 24 | $-0.09 | $0.02 |
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 | $474.7M |
| 总债务越低越好 | $152.4M | — |
| 股东权益账面价值 | $1.7B | $154.7M |
| 总资产 | $2.3B | $1.7B |
| 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RKLBRPD
| Q4 25 | $1.0B | $474.7M | ||
| Q3 25 | $976.7M | $407.1M | ||
| Q2 25 | $688.1M | $511.7M | ||
| Q1 25 | $428.4M | $493.5M | ||
| Q4 24 | $419.0M | $521.7M | ||
| Q3 24 | $442.4M | $443.7M | ||
| Q2 24 | $496.8M | $442.6M | ||
| Q1 24 | $492.5M | $411.7M |
总债务RKLBRPD
| 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RKLBRPD
| Q4 25 | $1.7B | $154.7M | ||
| Q3 25 | $1.3B | $127.2M | ||
| Q2 25 | $688.5M | $90.4M | ||
| Q1 25 | $431.3M | $52.7M | ||
| Q4 24 | $382.5M | $17.7M | ||
| Q3 24 | $419.8M | $-5.1M | ||
| Q2 24 | $455.2M | $-52.6M | ||
| Q1 24 | $478.9M | $-86.4M |
总资产RKLBRPD
| Q4 25 | $2.3B | $1.7B | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $1.6B | $1.6B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.2B | $1.5B |
负债/权益比RKLBRPD
| 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 | $-64.5M | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $-114.2M | $36.4M |
| 自由现金流率自由现金流/营收 | -63.6% | 16.8% |
| 资本支出强度资本支出/营收 | 27.6% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $-321.8M | $146.2M |
8季度趋势，按日历期对齐
经营现金流RKLBRPD
| Q4 25 | $-64.5M | $37.6M | ||
| Q3 25 | $-23.5M | $39.0M | ||
| Q2 25 | $-23.2M | $47.5M | ||
| Q1 25 | $-54.2M | $29.8M | ||
| Q4 24 | $-2.4M | $63.8M | ||
| Q3 24 | $-30.9M | $44.0M | ||
| Q2 24 | $-13.0M | $32.9M | ||
| Q1 24 | $-2.6M | $31.1M |
自由现金流RKLBRPD
| Q4 25 | $-114.2M | $36.4M | ||
| Q3 25 | $-69.4M | $34.8M | ||
| Q2 25 | $-55.3M | $46.6M | ||
| Q1 25 | $-82.9M | $28.4M | ||
| Q4 24 | $-23.9M | $62.6M | ||
| Q3 24 | $-41.9M | $42.6M | ||
| Q2 24 | $-28.3M | $32.6M | ||
| Q1 24 | $-21.8M | $30.4M |
自由现金流率RKLBRPD
| Q4 25 | -63.6% | 16.8% | ||
| Q3 25 | -44.8% | 16.0% | ||
| Q2 25 | -38.3% | 21.8% | ||
| Q1 25 | -67.6% | 13.5% | ||
| Q4 24 | -18.1% | 28.9% | ||
| Q3 24 | -40.0% | 19.9% | ||
| Q2 24 | -26.7% | 15.7% | ||
| Q1 24 | -23.5% | 14.8% |
资本支出强度RKLBRPD
| Q4 25 | 27.6% | 0.5% | ||
| Q3 25 | 29.6% | 1.9% | ||
| Q2 25 | 22.2% | 0.4% | ||
| Q1 25 | 23.4% | 0.6% | ||
| Q4 24 | 16.3% | 0.5% | ||
| Q3 24 | 10.5% | 0.6% | ||
| Q2 24 | 14.4% | 0.1% | ||
| Q1 24 | 20.7% | 0.3% |
现金转化率RKLBRPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | — | 3.97× | ||
| Q2 25 | — | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | — | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | — | 22.10× |
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% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
