vs
Digital Turbine, Inc.（APPS）与再鼎医药（ZLAB）财务数据对比。点击上方公司名可切换其他公司
Digital Turbine, Inc.的季度营收约是再鼎医药的1.2倍（$151.4M vs $127.1M），再鼎医药同比增速更快（17.1% vs 12.4%），过去两年再鼎医药的营收复合增速更高（20.8% vs 16.2%）
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。
再鼎医药是一家创新生物制药企业，专注于肿瘤、自身免疫性疾病、感染性疾病等领域创新疗法的研发、生产与商业化，核心市场覆盖大中华区，与全球多家头部生物科技企业合作，为存在未被满足医疗需求的患者提供治疗方案。
APPS vs ZLAB — 直观对比
营收规模更大
APPS
是对方的1.2倍
$127.1M
营收增速更快
ZLAB
高出4.7%
12.4%
两年增速更快
ZLAB
近两年复合增速
16.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $151.4M | $127.1M |
| 净利润 | $5.1M | — |
| 毛利率 | 57.4% | 51.0% |
| 营业利润率 | 14.3% | -54.6% |
| 净利率 | 3.4% | — |
| 营收同比 | 12.4% | 17.1% |
| 净利润同比 | 122.1% | — |
| 每股收益（稀释后） | $0.03 | $-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APPSZLAB
| Q4 25 | $151.4M | $127.1M | ||
| Q3 25 | $140.4M | $115.4M | ||
| Q2 25 | $130.9M | $109.1M | ||
| Q1 25 | $119.2M | $105.7M | ||
| Q4 24 | $134.6M | $108.5M | ||
| Q3 24 | $118.7M | $101.8M | ||
| Q2 24 | $118.0M | $100.1M | ||
| Q1 24 | $112.2M | $87.1M |
净利润APPSZLAB
| Q4 25 | $5.1M | — | ||
| Q3 25 | $-21.4M | $-36.0M | ||
| Q2 25 | $-14.1M | $-40.7M | ||
| Q1 25 | $-18.8M | $-48.4M | ||
| Q4 24 | $-23.1M | — | ||
| Q3 24 | $-25.0M | $-41.7M | ||
| Q2 24 | $-25.2M | $-80.3M | ||
| Q1 24 | $-236.5M | $-53.5M |
毛利率APPSZLAB
| Q4 25 | 57.4% | 51.0% | ||
| Q3 25 | 55.1% | 59.5% | ||
| Q2 25 | 55.6% | 60.6% | ||
| Q1 25 | 55.4% | 63.6% | ||
| Q4 24 | 48.0% | 61.5% | ||
| Q3 24 | 52.6% | 64.1% | ||
| Q2 24 | 52.7% | 64.9% | ||
| Q1 24 | 52.3% | 61.4% |
营业利润率APPSZLAB
| Q4 25 | 14.3% | -54.6% | ||
| Q3 25 | 4.7% | -42.3% | ||
| Q2 25 | -3.6% | -50.3% | ||
| Q1 25 | -9.8% | -53.3% | ||
| Q4 24 | -9.5% | -62.6% | ||
| Q3 24 | -11.4% | -66.6% | ||
| Q2 24 | -13.6% | -76.0% | ||
| Q1 24 | -185.2% | -80.7% |
净利率APPSZLAB
| Q4 25 | 3.4% | — | ||
| Q3 25 | -15.2% | -31.2% | ||
| Q2 25 | -10.8% | -37.3% | ||
| Q1 25 | -15.8% | -45.8% | ||
| Q4 24 | -17.2% | — | ||
| Q3 24 | -21.0% | -40.9% | ||
| Q2 24 | -21.3% | -80.2% | ||
| Q1 24 | -210.7% | -61.4% |
每股收益（稀释后）APPSZLAB
| Q4 25 | $0.03 | $-0.05 | ||
| Q3 25 | $-0.20 | $-0.03 | ||
| Q2 25 | $-0.13 | $-0.04 | ||
| Q1 25 | $-0.18 | $-0.04 | ||
| Q4 24 | $-0.22 | $-0.09 | ||
| Q3 24 | $-0.24 | $-0.04 | ||
| Q2 24 | $-0.25 | $-0.08 | ||
| Q1 24 | $-2.33 | $-0.05 |
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 | $689.6M |
| 总债务越低越好 | $355.0M | — |
| 股东权益账面价值 | $194.6M | $715.5M |
| 总资产 | $858.2M | $1.2B |
| 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APPSZLAB
| Q4 25 | $40.2M | $689.6M | ||
| Q3 25 | $38.8M | $717.2M | ||
| Q2 25 | $33.4M | $732.2M | ||
| Q1 25 | $39.4M | $757.3M | ||
| Q4 24 | $34.6M | $779.7M | ||
| Q3 24 | $32.1M | $616.1M | ||
| Q2 24 | $35.0M | $630.0M | ||
| Q1 24 | $32.9M | $650.8M |
总债务APPSZLAB
| Q4 25 | $355.0M | — | ||
| Q3 25 | $396.4M | — | ||
| Q2 25 | $400.5M | — | ||
| Q1 25 | $408.7M | — | ||
| Q4 24 | $408.2M | — | ||
| Q3 24 | $407.6M | — | ||
| Q2 24 | $393.8M | — | ||
| Q1 24 | $383.5M | — |
股东权益APPSZLAB
| Q4 25 | $194.6M | $715.5M | ||
| Q3 25 | $148.1M | $759.9M | ||
| Q2 25 | $152.3M | $791.7M | ||
| Q1 25 | $154.0M | $810.8M | ||
| Q4 24 | $163.6M | $840.9M | ||
| Q3 24 | $182.4M | $667.7M | ||
| Q2 24 | $196.0M | $704.2M | ||
| Q1 24 | $213.9M | $762.2M |
总资产APPSZLAB
| Q4 25 | $858.2M | $1.2B | ||
| Q3 25 | $818.7M | $1.2B | ||
| Q2 25 | $818.4M | $1.2B | ||
| Q1 25 | $812.9M | $1.2B | ||
| Q4 24 | $839.7M | $1.2B | ||
| Q3 24 | $844.5M | $985.3M | ||
| Q2 24 | $860.2M | $987.4M | ||
| Q1 24 | $865.5M | $988.4M |
负债/权益比APPSZLAB
| 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 | $-26.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-26.7M |
| 自由现金流率自由现金流/营收 | — | -21.0% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | 2.78× | — |
| 过去12个月自由现金流最近4个季度 | — | $-158.9M |
8季度趋势，按日历期对齐
经营现金流APPSZLAB
| Q4 25 | $14.2M | $-26.0M | ||
| Q3 25 | $14.5M | $-32.0M | ||
| Q2 25 | $8.8M | $-31.0M | ||
| Q1 25 | $11.9M | $-61.7M | ||
| Q4 24 | $10.4M | $-55.8M | ||
| Q3 24 | $-8.7M | $-26.8M | ||
| Q2 24 | $-1.4M | $-42.2M | ||
| Q1 24 | $28.7M | $-90.1M |
自由现金流APPSZLAB
| Q4 25 | — | $-26.7M | ||
| Q3 25 | — | $-35.0M | ||
| Q2 25 | — | $-33.9M | ||
| Q1 25 | — | $-63.2M | ||
| Q4 24 | — | $-58.4M | ||
| Q3 24 | — | $-28.2M | ||
| Q2 24 | — | $-42.9M | ||
| Q1 24 | — | $-91.1M |
自由现金流率APPSZLAB
| Q4 25 | — | -21.0% | ||
| Q3 25 | — | -30.4% | ||
| Q2 25 | — | -31.1% | ||
| Q1 25 | — | -59.9% | ||
| Q4 24 | — | -53.8% | ||
| Q3 24 | — | -27.7% | ||
| Q2 24 | — | -42.9% | ||
| Q1 24 | — | -104.5% |
资本支出强度APPSZLAB
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 1.1% |
现金转化率APPSZLAB
| Q4 25 | 2.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
APPS
| On Device Solutions | $99.6M | 66% |
| App Growth Platform | $52.6M | 35% |
ZLAB
| Zejula | $56.0M | 44% |
| Other | $21.9M | 17% |
| Nuzyra | $16.0M | 13% |
| Optune | $11.9M | 9% |
| XACDURO | $10.7M | 8% |
| Qinlock | $9.7M | 8% |
| AUGTYRO | $836.0K | 1% |
