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盛美半导体（ACMR）与DigitalOcean Holdings, Inc.（DOCN）财务数据对比。点击上方公司名可切换其他公司
DigitalOcean Holdings, Inc.的季度营收约是盛美半导体的1.0倍（$242.4M vs $231.3M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 7.5%，领先3.1%），盛美半导体同比增速更快（34.2% vs 18.3%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 6.9%）
盛美半导体（ACM Research, Inc.）是全球领先的半导体制造设备供应商，专注于研发、生产及销售晶圆湿法处理相关设备，覆盖清洗、电镀、刻蚀等品类，产品广泛应用于逻辑、存储、功率等各类先进芯片的生产流程，服务全球多地区芯片制造企业。
DigitalOcean Holdings, Inc.是美国跨国科技企业及云服务提供商，总部位于美国科罗拉多州布鲁姆菲尔德，在全球布局15个数据中心，面向开发者、初创企业及中小微企业提供稳定易用的云基础设施即服务平台，助力各类技术团队高效开展业务。
ACMR vs DOCN — 直观对比
营收规模更大
DOCN
是对方的1.0倍
$231.3M
营收增速更快
ACMR
高出15.9%
18.3%
净利率更高
DOCN
高出3.1%
7.5%
两年增速更快
DOCN
近两年复合增速
6.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $231.3M | $242.4M |
| 净利润 | $17.3M | $25.7M |
| 毛利率 | 46.4% | 58.7% |
| 营业利润率 | 15.6% | 16.0% |
| 净利率 | 7.5% | 10.6% |
| 营收同比 | 34.2% | 18.3% |
| 净利润同比 | -44.7% | 40.5% |
| 每股收益（稀释后） | $0.24 | $0.23 |
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ACMRDOCN
| Q1 26 | $231.3M | — | ||
| Q4 25 | $244.4M | $242.4M | ||
| Q3 25 | $269.2M | $229.6M | ||
| Q2 25 | $215.4M | $218.7M | ||
| Q1 25 | $172.3M | $210.7M | ||
| Q4 24 | $223.5M | $204.9M | ||
| Q3 24 | $204.0M | $198.5M | ||
| Q2 24 | $202.5M | $192.5M |
净利润ACMRDOCN
| Q1 26 | $17.3M | — | ||
| Q4 25 | $8.0M | $25.7M | ||
| Q3 25 | $35.9M | $158.4M | ||
| Q2 25 | $29.8M | $37.0M | ||
| Q1 25 | $20.4M | $38.2M | ||
| Q4 24 | $31.1M | $18.3M | ||
| Q3 24 | $30.9M | $32.9M | ||
| Q2 24 | $24.2M | $19.1M |
毛利率ACMRDOCN
| Q1 26 | 46.4% | — | ||
| Q4 25 | 40.9% | 58.7% | ||
| Q3 25 | 42.0% | 59.6% | ||
| Q2 25 | 48.5% | 59.9% | ||
| Q1 25 | 47.9% | 61.4% | ||
| Q4 24 | 49.6% | 57.1% | ||
| Q3 24 | 51.4% | 60.2% | ||
| Q2 24 | 47.8% | 61.0% |
营业利润率ACMRDOCN
| Q1 26 | 15.6% | — | ||
| Q4 25 | 9.4% | 16.0% | ||
| Q3 25 | 10.7% | 19.6% | ||
| Q2 25 | 14.7% | 16.3% | ||
| Q1 25 | 15.0% | 17.9% | ||
| Q4 24 | 19.7% | 15.9% | ||
| Q3 24 | 21.7% | 12.4% | ||
| Q2 24 | 18.6% | 11.6% |
净利率ACMRDOCN
| Q1 26 | 7.5% | — | ||
| Q4 25 | 3.3% | 10.6% | ||
| Q3 25 | 13.3% | 69.0% | ||
| Q2 25 | 13.8% | 16.9% | ||
| Q1 25 | 11.8% | 18.1% | ||
| Q4 24 | 13.9% | 8.9% | ||
| Q3 24 | 15.2% | 16.6% | ||
| Q2 24 | 12.0% | 9.9% |
每股收益（稀释后）ACMRDOCN
| Q1 26 | $0.24 | — | ||
| Q4 25 | $0.11 | $0.23 | ||
| Q3 25 | $0.52 | $1.51 | ||
| Q2 25 | $0.44 | $0.39 | ||
| Q1 25 | $0.30 | $0.39 | ||
| Q4 24 | $0.47 | $0.21 | ||
| Q3 24 | $0.45 | $0.33 | ||
| Q2 24 | $0.35 | $0.20 |
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 | $872.3M | $254.5M |
| 总债务越低越好 | $314.8M | $1.3B |
| 股东权益账面价值 | $2.1B | $-28.7M |
| 总资产 | $3.1B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.15× | — |
8季度趋势，按日历期对齐
现金及短期投资ACMRDOCN
| Q1 26 | $872.3M | — | ||
| Q4 25 | $792.9M | $254.5M | ||
| Q3 25 | $1.1B | $236.6M | ||
| Q2 25 | $463.2M | $387.7M | ||
| Q1 25 | $475.6M | $360.4M | ||
| Q4 24 | $426.8M | $428.4M | ||
| Q3 24 | $353.8M | $439.9M | ||
| Q2 24 | $343.6M | $443.1M |
总债务ACMRDOCN
| Q1 26 | $314.8M | — | ||
| Q4 25 | $214.0M | $1.3B | ||
| Q3 25 | $242.0M | $1.3B | ||
| Q2 25 | $225.1M | — | ||
| Q1 25 | $202.5M | — | ||
| Q4 24 | $150.0M | $1.5B | ||
| Q3 24 | $150.0M | — | ||
| Q2 24 | $90.5M | — |
股东权益ACMRDOCN
| Q1 26 | $2.1B | — | ||
| Q4 25 | $1.5B | $-28.7M | ||
| Q3 25 | $1.4B | $-69.6M | ||
| Q2 25 | $986.5M | $-175.2M | ||
| Q1 25 | $949.1M | $-210.7M | ||
| Q4 24 | $904.6M | $-203.0M | ||
| Q3 24 | $888.2M | $-211.7M | ||
| Q2 24 | $833.2M | $-253.8M |
总资产ACMRDOCN
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $2.8B | $1.7B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.9B | $1.6B | ||
| Q3 24 | $1.8B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B |
负债/权益比ACMRDOCN
| Q1 26 | 0.15× | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.11× | — |
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 | — | $57.3M |
| 自由现金流经营现金流 - 资本支出 | — | $31.1M |
| 自由现金流率自由现金流/营收 | — | 12.8% |
| 资本支出强度资本支出/营收 | — | 10.8% |
| 现金转化率经营现金流/净利润 | — | 2.23× |
| 过去12个月自由现金流最近4个季度 | — | $180.5M |
8季度趋势，按日历期对齐
经营现金流ACMRDOCN
| Q1 26 | — | — | ||
| Q4 25 | $33.9M | $57.3M | ||
| Q3 25 | $-4.6M | $95.8M | ||
| Q2 25 | $-44.9M | $92.4M | ||
| Q1 25 | $5.3M | $64.1M | ||
| Q4 24 | $88.6M | $71.3M | ||
| Q3 24 | $11.9M | $73.4M | ||
| Q2 24 | $61.6M | $71.3M |
自由现金流ACMRDOCN
| Q1 26 | — | — | ||
| Q4 25 | $20.1M | $31.1M | ||
| Q3 25 | $-15.6M | $88.0M | ||
| Q2 25 | $-59.6M | $59.3M | ||
| Q1 25 | $-11.4M | $2.1M | ||
| Q4 24 | $77.2M | $26.1M | ||
| Q3 24 | $-20.6M | $16.0M | ||
| Q2 24 | $48.5M | $39.5M |
自由现金流率ACMRDOCN
| Q1 26 | — | — | ||
| Q4 25 | 8.2% | 12.8% | ||
| Q3 25 | -5.8% | 38.3% | ||
| Q2 25 | -27.7% | 27.1% | ||
| Q1 25 | -6.6% | 1.0% | ||
| Q4 24 | 34.5% | 12.7% | ||
| Q3 24 | -10.1% | 8.1% | ||
| Q2 24 | 24.0% | 20.5% |
资本支出强度ACMRDOCN
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 10.8% | ||
| Q3 25 | 4.1% | 3.4% | ||
| Q2 25 | 6.8% | 15.2% | ||
| Q1 25 | 9.7% | 29.4% | ||
| Q4 24 | 5.1% | 22.1% | ||
| Q3 24 | 16.0% | 28.9% | ||
| Q2 24 | 6.5% | 16.6% |
现金转化率ACMRDOCN
| Q1 26 | — | — | ||
| Q4 25 | 4.21× | 2.23× | ||
| Q3 25 | -0.13× | 0.60× | ||
| Q2 25 | -1.51× | 2.50× | ||
| Q1 25 | 0.26× | 1.68× | ||
| Q4 24 | 2.85× | 3.91× | ||
| Q3 24 | 0.39× | 2.23× | ||
| Q2 24 | 2.54× | 3.73× |
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
ACMR
暂无分部数据
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
