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爱齐科技（ALGN）与Datadog（DDOG）财务数据对比。点击上方公司名可切换其他公司
爱齐科技的季度营收约是Datadog的1.1倍（$1.0B vs $953.2M），爱齐科技净利率更高（13.0% vs 4.9%，领先8.1%），Datadog同比增速更快（29.2% vs 5.3%），Datadog自由现金流更多（$318.2M vs $187.3M），过去两年Datadog的营收复合增速更高（24.9% vs 2.5%）
爱齐科技是一家全球知名医疗设备企业，主营设计、生产及销售隐适美透明矫治器、iTero口内扫描仪及配套服务，客户覆盖正畸医师、全科牙医，面向修复、美容牙科领域，业务分为透明矫治器、扫描仪及服务两大板块，可满足青少年等不同群体的正畸需求
Datadog是一家美国企业，为云级应用提供可观测性服务，旗下SaaS数据分析平台可实现对服务器、数据库、各类工具及服务的统一监控。公司成立并总部位于纽约，目前在纳斯达克证券交易所公开上市。
ALGN vs DDOG — 直观对比
营收规模更大
ALGN
是对方的1.1倍
$953.2M
营收增速更快
DDOG
高出23.9%
5.3%
净利率更高
ALGN
高出8.1%
4.9%
自由现金流更多
DDOG
多$130.9M
$187.3M
两年增速更快
DDOG
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $953.2M |
| 净利润 | $135.8M | $46.6M |
| 毛利率 | 65.3% | 80.4% |
| 营业利润率 | 14.8% | 1.0% |
| 净利率 | 13.0% | 4.9% |
| 营收同比 | 5.3% | 29.2% |
| 净利润同比 | 30.8% | 2.1% |
| 每股收益（稀释后） | $1.88 | $0.13 |
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ALGNDDOG
| Q4 25 | $1.0B | $953.2M | ||
| Q3 25 | $995.7M | $885.7M | ||
| Q2 25 | $1.0B | $826.8M | ||
| Q1 25 | $979.3M | $761.6M | ||
| Q4 24 | $995.2M | $737.7M | ||
| Q3 24 | $977.9M | $690.0M | ||
| Q2 24 | $1.0B | $645.3M | ||
| Q1 24 | $997.4M | $611.3M |
净利润ALGNDDOG
| Q4 25 | $135.8M | $46.6M | ||
| Q3 25 | $56.8M | $33.9M | ||
| Q2 25 | $124.6M | $2.6M | ||
| Q1 25 | $93.2M | $24.6M | ||
| Q4 24 | $103.8M | $45.6M | ||
| Q3 24 | $116.0M | $51.7M | ||
| Q2 24 | $96.6M | $43.8M | ||
| Q1 24 | $105.0M | $42.6M |
毛利率ALGNDDOG
| Q4 25 | 65.3% | 80.4% | ||
| Q3 25 | 64.2% | 80.1% | ||
| Q2 25 | 69.9% | 79.9% | ||
| Q1 25 | 69.5% | 79.3% | ||
| Q4 24 | 70.0% | 80.5% | ||
| Q3 24 | 69.7% | 80.0% | ||
| Q2 24 | 70.3% | 80.9% | ||
| Q1 24 | 70.0% | 82.0% |
营业利润率ALGNDDOG
| Q4 25 | 14.8% | 1.0% | ||
| Q3 25 | 9.7% | -0.7% | ||
| Q2 25 | 16.1% | -4.3% | ||
| Q1 25 | 13.4% | -1.6% | ||
| Q4 24 | 14.5% | 1.3% | ||
| Q3 24 | 16.6% | 2.9% | ||
| Q2 24 | 14.3% | 2.0% | ||
| Q1 24 | 15.5% | 2.0% |
净利率ALGNDDOG
| Q4 25 | 13.0% | 4.9% | ||
| Q3 25 | 5.7% | 3.8% | ||
| Q2 25 | 12.3% | 0.3% | ||
| Q1 25 | 9.5% | 3.2% | ||
| Q4 24 | 10.4% | 6.2% | ||
| Q3 24 | 11.9% | 7.5% | ||
| Q2 24 | 9.4% | 6.8% | ||
| Q1 24 | 10.5% | 7.0% |
每股收益（稀释后）ALGNDDOG
| Q4 25 | $1.88 | $0.13 | ||
| Q3 25 | $0.78 | $0.10 | ||
| Q2 25 | $1.72 | $0.01 | ||
| Q1 25 | $1.27 | $0.07 | ||
| Q4 24 | $1.40 | $0.14 | ||
| Q3 24 | $1.55 | $0.14 | ||
| Q2 24 | $1.28 | $0.12 | ||
| Q1 24 | $1.39 | $0.12 |
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 | $1.1B | $401.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.0B | $3.7B |
| 总资产 | $6.2B | $6.6B |
| 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ALGNDDOG
| Q4 25 | $1.1B | $401.3M | ||
| Q3 25 | $1.0B | $540.6M | ||
| Q2 25 | $901.2M | $489.0M | ||
| Q1 25 | $873.0M | $1.1B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.0B | $337.4M | ||
| Q2 24 | $761.4M | $411.0M | ||
| Q1 24 | $865.8M | $282.2M |
股东权益ALGNDDOG
| Q4 25 | $4.0B | $3.7B | ||
| Q3 25 | $4.0B | $3.4B | ||
| Q2 25 | $3.9B | $3.2B | ||
| Q1 25 | $3.8B | $2.9B | ||
| Q4 24 | $3.9B | $2.7B | ||
| Q3 24 | $3.9B | $2.6B | ||
| Q2 24 | $3.8B | $2.4B | ||
| Q1 24 | $3.8B | $2.2B |
总资产ALGNDDOG
| Q4 25 | $6.2B | $6.6B | ||
| Q3 25 | $6.2B | $6.1B | ||
| Q2 25 | $6.2B | $5.8B | ||
| Q1 25 | $6.1B | $6.0B | ||
| Q4 24 | $6.2B | $5.8B | ||
| Q3 24 | $6.4B | $4.6B | ||
| Q2 24 | $6.2B | $4.4B | ||
| Q1 24 | $6.2B | $4.1B |
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 | $223.2M | $327.1M |
| 自由现金流经营现金流 - 资本支出 | $187.3M | $318.2M |
| 自由现金流率自由现金流/营收 | 17.9% | 33.4% |
| 资本支出强度资本支出/营收 | 3.4% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.64× | 7.02× |
| 过去12个月自由现金流最近4个季度 | $490.8M | $1.0B |
8季度趋势，按日历期对齐
经营现金流ALGNDDOG
| Q4 25 | $223.2M | $327.1M | ||
| Q3 25 | $188.7M | $251.5M | ||
| Q2 25 | $128.7M | $200.1M | ||
| Q1 25 | $52.7M | $271.5M | ||
| Q4 24 | $286.1M | $265.2M | ||
| Q3 24 | $263.7M | $228.7M | ||
| Q2 24 | $159.8M | $164.4M | ||
| Q1 24 | $28.7M | $212.3M |
自由现金流ALGNDDOG
| Q4 25 | $187.3M | $318.2M | ||
| Q3 25 | $169.0M | $234.7M | ||
| Q2 25 | $107.2M | $184.9M | ||
| Q1 25 | $27.4M | $262.8M | ||
| Q4 24 | $263.1M | $257.5M | ||
| Q3 24 | $233.9M | $220.3M | ||
| Q2 24 | $106.4M | $160.0M | ||
| Q1 24 | $19.3M | $198.1M |
自由现金流率ALGNDDOG
| Q4 25 | 17.9% | 33.4% | ||
| Q3 25 | 17.0% | 26.5% | ||
| Q2 25 | 10.6% | 22.4% | ||
| Q1 25 | 2.8% | 34.5% | ||
| Q4 24 | 26.4% | 34.9% | ||
| Q3 24 | 23.9% | 31.9% | ||
| Q2 24 | 10.3% | 24.8% | ||
| Q1 24 | 1.9% | 32.4% |
资本支出强度ALGNDDOG
| Q4 25 | 3.4% | 0.9% | ||
| Q3 25 | 2.0% | 1.9% | ||
| Q2 25 | 2.1% | 1.8% | ||
| Q1 25 | 2.6% | 1.1% | ||
| Q4 24 | 2.3% | 1.1% | ||
| Q3 24 | 3.0% | 1.2% | ||
| Q2 24 | 5.2% | 0.7% | ||
| Q1 24 | 0.9% | 2.3% |
现金转化率ALGNDDOG
| Q4 25 | 1.64× | 7.02× | ||
| Q3 25 | 3.33× | 7.42× | ||
| Q2 25 | 1.03× | 75.58× | ||
| Q1 25 | 0.57× | 11.02× | ||
| Q4 24 | 2.76× | 5.82× | ||
| Q3 24 | 2.27× | 4.42× | ||
| Q2 24 | 1.66× | 3.75× | ||
| Q1 24 | 0.27× | 4.98× |
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
ALGN
| Systems And Services | $789.6M | 75% |
| Other | $258.0M | 25% |
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
