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ACV Auctions Inc.（ACVA）与DoorDash（DASH）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是ACV Auctions Inc.的21.5倍（$4.0B vs $183.6M）。DoorDash同比增速更快（37.7% vs 15.1%）。DoorDash自由现金流更多（$367.0M vs $-14.7M）。过去两年DoorDash的营收复合增速更高（25.5% vs 12.3%）
ACV Auctions Inc.是北美领先的数字化二手车批发拍卖平台，主要服务美加两地汽车经销商，提供车辆透明检测、安全支付、物流配送等全链条服务，助力注册批发买卖双方无需线下到场即可高效完成二手车交易。
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
ACVA vs DASH — 直观对比
营收规模更大
DASH
是对方的21.5倍
$183.6M
营收增速更快
DASH
高出22.5%
15.1%
自由现金流更多
DASH
多$381.7M
$-14.7M
两年增速更快
DASH
近两年复合增速
12.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $4.0B |
| 净利润 | — | $213.0M |
| 毛利率 | — | — |
| 营业利润率 | -9.7% | 3.7% |
| 净利率 | — | 5.4% |
| 营收同比 | 15.1% | 37.7% |
| 净利润同比 | — | 51.1% |
| 每股收益（稀释后） | $-0.12 | $0.49 |
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ACVADASH
| Q4 25 | $183.6M | $4.0B | ||
| Q3 25 | $199.6M | $3.4B | ||
| Q2 25 | $193.7M | $3.3B | ||
| Q1 25 | $182.7M | $3.0B | ||
| Q4 24 | $159.5M | $2.9B | ||
| Q3 24 | $171.3M | $2.7B | ||
| Q2 24 | $160.6M | $2.6B | ||
| Q1 24 | $145.7M | $2.5B |
净利润ACVADASH
| Q4 25 | — | $213.0M | ||
| Q3 25 | $-24.5M | $244.0M | ||
| Q2 25 | $-7.3M | $285.0M | ||
| Q1 25 | $-14.8M | $193.0M | ||
| Q4 24 | — | $141.0M | ||
| Q3 24 | $-16.0M | $162.0M | ||
| Q2 24 | $-17.1M | $-157.0M | ||
| Q1 24 | $-20.5M | $-23.0M |
营业利润率ACVADASH
| Q4 25 | -9.7% | 3.7% | ||
| Q3 25 | -11.9% | 7.5% | ||
| Q2 25 | -3.7% | 5.0% | ||
| Q1 25 | -7.9% | 5.1% | ||
| Q4 24 | -16.2% | 4.1% | ||
| Q3 24 | -10.0% | 4.0% | ||
| Q2 24 | -11.6% | -7.6% | ||
| Q1 24 | -15.5% | -2.4% |
净利率ACVADASH
| Q4 25 | — | 5.4% | ||
| Q3 25 | -12.3% | 7.1% | ||
| Q2 25 | -3.8% | 8.7% | ||
| Q1 25 | -8.1% | 6.4% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | -9.4% | 6.0% | ||
| Q2 24 | -10.6% | -6.0% | ||
| Q1 24 | -14.1% | -0.9% |
每股收益（稀释后）ACVADASH
| Q4 25 | $-0.12 | $0.49 | ||
| Q3 25 | $-0.14 | $0.55 | ||
| Q2 25 | $-0.04 | $0.65 | ||
| Q1 25 | $-0.09 | $0.44 | ||
| Q4 24 | $-0.15 | $0.35 | ||
| Q3 24 | $-0.10 | $0.38 | ||
| Q2 24 | $-0.10 | $-0.38 | ||
| Q1 24 | $-0.13 | $-0.06 |
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 | $271.5M | $4.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $429.7M | $10.0B |
| 总资产 | $1.1B | $19.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ACVADASH
| Q4 25 | $271.5M | $4.4B | ||
| Q3 25 | $265.3M | $3.3B | ||
| Q2 25 | $258.4M | $3.9B | ||
| Q1 25 | $291.9M | $4.5B | ||
| Q4 24 | $224.1M | $4.0B | ||
| Q3 24 | $252.5M | $3.7B | ||
| Q2 24 | $215.0M | $3.4B | ||
| Q1 24 | $209.8M | $3.1B |
股东权益ACVADASH
| Q4 25 | $429.7M | $10.0B | ||
| Q3 25 | $434.4M | $9.5B | ||
| Q2 25 | $448.8M | $8.9B | ||
| Q1 25 | $439.6M | $8.4B | ||
| Q4 24 | $440.0M | $7.8B | ||
| Q3 24 | $456.2M | $7.6B | ||
| Q2 24 | $457.6M | $7.2B | ||
| Q1 24 | $458.3M | $7.0B |
总资产ACVADASH
| Q4 25 | $1.1B | $19.7B | ||
| Q3 25 | $1.2B | $18.0B | ||
| Q2 25 | $1.1B | $16.9B | ||
| Q1 25 | $1.2B | $13.6B | ||
| Q4 24 | $984.1M | $12.8B | ||
| Q3 24 | $1.0B | $12.3B | ||
| Q2 24 | $1.0B | $11.8B | ||
| Q1 24 | $1.0B | $11.4B |
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 | $-12.4M | $421.0M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $367.0M |
| 自由现金流率自由现金流/营收 | -8.0% | 9.3% |
| 资本支出强度资本支出/营收 | 1.2% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | $69.1M | $2.2B |
8季度趋势，按日历期对齐
经营现金流ACVADASH
| Q4 25 | $-12.4M | $421.0M | ||
| Q3 25 | $10.3M | $871.0M | ||
| Q2 25 | $13.7M | $504.0M | ||
| Q1 25 | $66.6M | $635.0M | ||
| Q4 24 | $-3.2M | $518.0M | ||
| Q3 24 | $21.1M | $531.0M | ||
| Q2 24 | $4.5M | $530.0M | ||
| Q1 24 | $43.0M | $553.0M |
自由现金流ACVADASH
| Q4 25 | $-14.7M | $367.0M | ||
| Q3 25 | $7.7M | $808.0M | ||
| Q2 25 | $10.9M | $438.0M | ||
| Q1 25 | $65.3M | $561.0M | ||
| Q4 24 | $-3.9M | $486.0M | ||
| Q3 24 | $20.2M | $499.0M | ||
| Q2 24 | $2.7M | $507.0M | ||
| Q1 24 | $41.9M | $536.0M |
自由现金流率ACVADASH
| Q4 25 | -8.0% | 9.3% | ||
| Q3 25 | 3.8% | 23.4% | ||
| Q2 25 | 5.6% | 13.3% | ||
| Q1 25 | 35.7% | 18.5% | ||
| Q4 24 | -2.5% | 16.9% | ||
| Q3 24 | 11.8% | 18.4% | ||
| Q2 24 | 1.7% | 19.3% | ||
| Q1 24 | 28.8% | 21.3% |
资本支出强度ACVADASH
| Q4 25 | 1.2% | 1.4% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 1.5% | 2.0% | ||
| Q1 25 | 0.7% | 2.4% | ||
| Q4 24 | 0.4% | 1.1% | ||
| Q3 24 | 0.6% | 1.2% | ||
| Q2 24 | 1.1% | 0.9% | ||
| Q1 24 | 0.7% | 0.7% |
现金转化率ACVADASH
| Q4 25 | — | 1.98× | ||
| Q3 25 | — | 3.57× | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | 3.29× | ||
| Q4 24 | — | 3.67× | ||
| Q3 24 | — | 3.28× | ||
| Q2 24 | — | — | ||
| 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
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
DASH
暂无分部数据
