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Digital Turbine, Inc.（APPS）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Digital Turbine, Inc.的1.6倍（$242.4M vs $151.4M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 3.4%，领先7.2%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 12.4%），过去两年Digital Turbine, Inc.的营收复合增速更高（16.2% vs 14.5%）
Digital Turbine是一家全球移动广告科技企业，为移动运营商、设备厂商及应用开发者提供端到端的应用变现、用户获取和定向广告解决方案，业务覆盖北美、欧洲、亚太地区，服务电信、移动科技、消费应用等多个核心领域。
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。
APPS vs DOCN — 直观对比
营收规模更大
DOCN
是对方的1.6倍
$151.4M
营收增速更快
DOCN
高出5.8%
12.4%
净利率更高
DOCN
高出7.2%
3.4%
两年增速更快
APPS
近两年复合增速
14.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $151.4M | $242.4M |
| 净利润 | $5.1M | $25.7M |
| 毛利率 | 57.4% | 58.7% |
| 营业利润率 | 14.3% | 16.0% |
| 净利率 | 3.4% | 10.6% |
| 营收同比 | 12.4% | 18.3% |
| 净利润同比 | 122.1% | 40.5% |
| 每股收益（稀释后） | $0.03 | $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APPSDOCN
| Q4 25 | $151.4M | $242.4M | ||
| Q3 25 | $140.4M | $229.6M | ||
| Q2 25 | $130.9M | $218.7M | ||
| Q1 25 | $119.2M | $210.7M | ||
| Q4 24 | $134.6M | $204.9M | ||
| Q3 24 | $118.7M | $198.5M | ||
| Q2 24 | $118.0M | $192.5M | ||
| Q1 24 | $112.2M | $184.7M |
净利润APPSDOCN
| Q4 25 | $5.1M | $25.7M | ||
| Q3 25 | $-21.4M | $158.4M | ||
| Q2 25 | $-14.1M | $37.0M | ||
| Q1 25 | $-18.8M | $38.2M | ||
| Q4 24 | $-23.1M | $18.3M | ||
| Q3 24 | $-25.0M | $32.9M | ||
| Q2 24 | $-25.2M | $19.1M | ||
| Q1 24 | $-236.5M | $14.1M |
毛利率APPSDOCN
| Q4 25 | 57.4% | 58.7% | ||
| Q3 25 | 55.1% | 59.6% | ||
| Q2 25 | 55.6% | 59.9% | ||
| Q1 25 | 55.4% | 61.4% | ||
| Q4 24 | 48.0% | 57.1% | ||
| Q3 24 | 52.6% | 60.2% | ||
| Q2 24 | 52.7% | 61.0% | ||
| Q1 24 | 52.3% | 60.7% |
营业利润率APPSDOCN
| Q4 25 | 14.3% | 16.0% | ||
| Q3 25 | 4.7% | 19.6% | ||
| Q2 25 | -3.6% | 16.3% | ||
| Q1 25 | -9.8% | 17.9% | ||
| Q4 24 | -9.5% | 15.9% | ||
| Q3 24 | -11.4% | 12.4% | ||
| Q2 24 | -13.6% | 11.6% | ||
| Q1 24 | -185.2% | 6.2% |
净利率APPSDOCN
| Q4 25 | 3.4% | 10.6% | ||
| Q3 25 | -15.2% | 69.0% | ||
| Q2 25 | -10.8% | 16.9% | ||
| Q1 25 | -15.8% | 18.1% | ||
| Q4 24 | -17.2% | 8.9% | ||
| Q3 24 | -21.0% | 16.6% | ||
| Q2 24 | -21.3% | 9.9% | ||
| Q1 24 | -210.7% | 7.7% |
每股收益（稀释后）APPSDOCN
| Q4 25 | $0.03 | $0.23 | ||
| Q3 25 | $-0.20 | $1.51 | ||
| Q2 25 | $-0.13 | $0.39 | ||
| Q1 25 | $-0.18 | $0.39 | ||
| Q4 24 | $-0.22 | $0.21 | ||
| Q3 24 | $-0.24 | $0.33 | ||
| Q2 24 | $-0.25 | $0.20 | ||
| Q1 24 | $-2.33 | $0.15 |
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 | $40.2M | $254.5M |
| 总债务越低越好 | $355.0M | $1.3B |
| 股东权益账面价值 | $194.6M | $-28.7M |
| 总资产 | $858.2M | $1.8B |
| 负债/权益比越低杠杆越低 | 1.82× | — |
8季度趋势，按日历期对齐
现金及短期投资APPSDOCN
| Q4 25 | $40.2M | $254.5M | ||
| Q3 25 | $38.8M | $236.6M | ||
| Q2 25 | $33.4M | $387.7M | ||
| Q1 25 | $39.4M | $360.4M | ||
| Q4 24 | $34.6M | $428.4M | ||
| Q3 24 | $32.1M | $439.9M | ||
| Q2 24 | $35.0M | $443.1M | ||
| Q1 24 | $32.9M | $419.1M |
总债务APPSDOCN
| Q4 25 | $355.0M | $1.3B | ||
| Q3 25 | $396.4M | $1.3B | ||
| Q2 25 | $400.5M | — | ||
| Q1 25 | $408.7M | — | ||
| Q4 24 | $408.2M | $1.5B | ||
| Q3 24 | $407.6M | — | ||
| Q2 24 | $393.8M | — | ||
| Q1 24 | $383.5M | — |
股东权益APPSDOCN
| Q4 25 | $194.6M | $-28.7M | ||
| Q3 25 | $148.1M | $-69.6M | ||
| Q2 25 | $152.3M | $-175.2M | ||
| Q1 25 | $154.0M | $-210.7M | ||
| Q4 24 | $163.6M | $-203.0M | ||
| Q3 24 | $182.4M | $-211.7M | ||
| Q2 24 | $196.0M | $-253.8M | ||
| Q1 24 | $213.9M | $-286.1M |
总资产APPSDOCN
| Q4 25 | $858.2M | $1.8B | ||
| Q3 25 | $818.7M | $1.7B | ||
| Q2 25 | $818.4M | $1.7B | ||
| Q1 25 | $812.9M | $1.6B | ||
| Q4 24 | $839.7M | $1.6B | ||
| Q3 24 | $844.5M | $1.5B | ||
| Q2 24 | $860.2M | $1.5B | ||
| Q1 24 | $865.5M | $1.5B |
负债/权益比APPSDOCN
| Q4 25 | 1.82× | — | ||
| Q3 25 | 2.68× | — | ||
| Q2 25 | 2.63× | — | ||
| Q1 25 | 2.65× | — | ||
| Q4 24 | 2.50× | — | ||
| Q3 24 | 2.24× | — | ||
| Q2 24 | 2.01× | — | ||
| Q1 24 | 1.79× | — |
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 | $14.2M | $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 | 2.78× | 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APPSDOCN
| Q4 25 | $14.2M | $57.3M | ||
| Q3 25 | $14.5M | $95.8M | ||
| Q2 25 | $8.8M | $92.4M | ||
| Q1 25 | $11.9M | $64.1M | ||
| Q4 24 | $10.4M | $71.3M | ||
| Q3 24 | $-8.7M | $73.4M | ||
| Q2 24 | $-1.4M | $71.3M | ||
| Q1 24 | $28.7M | $66.7M |
自由现金流APPSDOCN
| Q4 25 | — | $31.1M | ||
| Q3 25 | — | $88.0M | ||
| Q2 25 | — | $59.3M | ||
| Q1 25 | — | $2.1M | ||
| Q4 24 | — | $26.1M | ||
| Q3 24 | — | $16.0M | ||
| Q2 24 | — | $39.5M | ||
| Q1 24 | — | $23.0M |
自由现金流率APPSDOCN
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 38.3% | ||
| Q2 25 | — | 27.1% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 12.7% | ||
| Q3 24 | — | 8.1% | ||
| Q2 24 | — | 20.5% | ||
| Q1 24 | — | 12.5% |
资本支出强度APPSDOCN
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 29.4% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | 28.9% | ||
| Q2 24 | — | 16.6% | ||
| Q1 24 | — | 23.6% |
现金转化率APPSDOCN
| Q4 25 | 2.78× | 2.23× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 2.50× | ||
| Q1 25 | — | 1.68× | ||
| Q4 24 | — | 3.91× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | — | 3.73× | ||
| Q1 24 | — | 4.72× |
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
APPS
| On Device Solutions | $99.6M | 66% |
| App Growth Platform | $52.6M | 35% |
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
