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Alphatec Holdings, Inc.（ATEC）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Alphatec Holdings, Inc.的1.1倍（$242.4M vs $212.9M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs -10.2%，领先20.8%），Alphatec Holdings, Inc.同比增速更快（20.4% vs 18.3%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs 14.5%）
Alphatec Holdings是一家全球医疗科技企业，专注于研发、生产及销售脊柱外科手术相关的植入物、手术器械与数字化手术平台，服务骨科及神经外科医疗从业者，核心市场覆盖北美、欧洲及亚太主要区域。
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。
ATEC vs DOCN — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $242.4M |
| 净利润 | $-21.7M | $25.7M |
| 毛利率 | 70.2% | 58.7% |
| 营业利润率 | -4.1% | 16.0% |
| 净利率 | -10.2% | 10.6% |
| 营收同比 | 20.4% | 18.3% |
| 净利润同比 | 34.8% | 40.5% |
| 每股收益（稀释后） | $-0.15 | $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
| Q4 25 | $212.9M | $242.4M | ||
| Q3 25 | $196.5M | $229.6M | ||
| Q2 25 | $185.5M | $218.7M | ||
| Q1 25 | $169.2M | $210.7M | ||
| Q4 24 | $176.8M | $204.9M | ||
| Q3 24 | $150.7M | $198.5M | ||
| Q2 24 | $145.6M | $192.5M | ||
| Q1 24 | $138.5M | $184.7M |
| Q4 25 | $-21.7M | $25.7M | ||
| Q3 25 | $-28.6M | $158.4M | ||
| Q2 25 | $-41.1M | $37.0M | ||
| Q1 25 | $-51.9M | $38.2M | ||
| Q4 24 | $-33.3M | $18.3M | ||
| Q3 24 | $-39.6M | $32.9M | ||
| Q2 24 | $-40.7M | $19.1M | ||
| Q1 24 | $-48.5M | $14.1M |
| Q4 25 | 70.2% | 58.7% | ||
| Q3 25 | 69.9% | 59.6% | ||
| Q2 25 | 69.6% | 59.9% | ||
| Q1 25 | 68.6% | 61.4% | ||
| Q4 24 | 68.8% | 57.1% | ||
| Q3 24 | 68.2% | 60.2% | ||
| Q2 24 | 70.5% | 61.0% | ||
| Q1 24 | 70.3% | 60.7% |
| Q4 25 | -4.1% | 16.0% | ||
| Q3 25 | -8.1% | 19.6% | ||
| Q2 25 | -7.1% | 16.3% | ||
| Q1 25 | -26.2% | 17.9% | ||
| Q4 24 | -13.5% | 15.9% | ||
| Q3 24 | -22.4% | 12.4% | ||
| Q2 24 | -24.3% | 11.6% | ||
| Q1 24 | -31.3% | 6.2% |
| Q4 25 | -10.2% | 10.6% | ||
| Q3 25 | -14.5% | 69.0% | ||
| Q2 25 | -22.2% | 16.9% | ||
| Q1 25 | -30.7% | 18.1% | ||
| Q4 24 | -18.9% | 8.9% | ||
| Q3 24 | -26.3% | 16.6% | ||
| Q2 24 | -27.9% | 9.9% | ||
| Q1 24 | -35.0% | 7.7% |
| Q4 25 | $-0.15 | $0.23 | ||
| Q3 25 | $-0.19 | $1.51 | ||
| Q2 25 | $-0.27 | $0.39 | ||
| Q1 25 | $-0.35 | $0.39 | ||
| Q4 24 | $-0.22 | $0.21 | ||
| Q3 24 | $-0.28 | $0.33 | ||
| Q2 24 | $-0.29 | $0.20 | ||
| Q1 24 | $-0.34 | $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 | $160.8M | $254.5M |
| 总债务越低越好 | $565.9M | $1.3B |
| 股东权益账面价值 | $12.4M | $-28.7M |
| 总资产 | $791.2M | $1.8B |
| 负债/权益比越低杠杆越低 | 45.54× | — |
8季度趋势，按日历期对齐
| Q4 25 | $160.8M | $254.5M | ||
| Q3 25 | $155.7M | $236.6M | ||
| Q2 25 | $157.1M | $387.7M | ||
| Q1 25 | $153.2M | $360.4M | ||
| Q4 24 | $138.8M | $428.4M | ||
| Q3 24 | $81.0M | $439.9M | ||
| Q2 24 | $99.8M | $443.1M | ||
| Q1 24 | $144.1M | $419.1M |
| Q4 25 | $565.9M | $1.3B | ||
| Q3 25 | $559.7M | $1.3B | ||
| Q2 25 | $553.9M | — | ||
| Q1 25 | $548.4M | — | ||
| Q4 24 | $576.2M | $1.5B | ||
| Q3 24 | $527.7M | — | ||
| Q2 24 | $519.2M | — | ||
| Q1 24 | $514.4M | — |
| Q4 25 | $12.4M | $-28.7M | ||
| Q3 25 | $11.5M | $-69.6M | ||
| Q2 25 | $23.8M | $-175.2M | ||
| Q1 25 | $-85.9M | $-210.7M | ||
| Q4 24 | $-14.2M | $-203.0M | ||
| Q3 24 | $-1.4M | $-211.7M | ||
| Q2 24 | $17.1M | $-253.8M | ||
| Q1 24 | $37.6M | $-286.1M |
| Q4 25 | $791.2M | $1.8B | ||
| Q3 25 | $787.2M | $1.7B | ||
| Q2 25 | $790.3M | $1.7B | ||
| Q1 25 | $785.5M | $1.6B | ||
| Q4 24 | $775.7M | $1.6B | ||
| Q3 24 | $745.9M | $1.5B | ||
| Q2 24 | $768.6M | $1.5B | ||
| Q1 24 | $774.6M | $1.5B |
| Q4 25 | 45.54× | — | ||
| Q3 25 | 48.64× | — | ||
| Q2 25 | 23.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 30.34× | — | ||
| Q1 24 | 13.70× | — |
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 | $20.7M | $57.3M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $31.1M |
| 自由现金流率自由现金流/营收 | 3.6% | 12.8% |
| 资本支出强度资本支出/营收 | 6.1% | 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 | $2.8M | $180.5M |
8季度趋势，按日历期对齐
| Q4 25 | $20.7M | $57.3M | ||
| Q3 25 | $14.0M | $95.8M | ||
| Q2 25 | $15.5M | $92.4M | ||
| Q1 25 | $-5.0M | $64.1M | ||
| Q4 24 | $10.5M | $71.3M | ||
| Q3 24 | $-5.3M | $73.4M | ||
| Q2 24 | $-11.4M | $71.3M | ||
| Q1 24 | $-38.4M | $66.7M |
| Q4 25 | $7.7M | $31.1M | ||
| Q3 25 | $4.8M | $88.0M | ||
| Q2 25 | $5.2M | $59.3M | ||
| Q1 25 | $-15.0M | $2.1M | ||
| Q4 24 | $8.5M | $26.1M | ||
| Q3 24 | $-21.2M | $16.0M | ||
| Q2 24 | $-45.5M | $39.5M | ||
| Q1 24 | $-69.8M | $23.0M |
| Q4 25 | 3.6% | 12.8% | ||
| Q3 25 | 2.4% | 38.3% | ||
| Q2 25 | 2.8% | 27.1% | ||
| Q1 25 | -8.9% | 1.0% | ||
| Q4 24 | 4.8% | 12.7% | ||
| Q3 24 | -14.1% | 8.1% | ||
| Q2 24 | -31.3% | 20.5% | ||
| Q1 24 | -50.4% | 12.5% |
| Q4 25 | 6.1% | 10.8% | ||
| Q3 25 | 4.7% | 3.4% | ||
| Q2 25 | 5.6% | 15.2% | ||
| Q1 25 | 5.9% | 29.4% | ||
| Q4 24 | 1.1% | 22.1% | ||
| Q3 24 | 10.5% | 28.9% | ||
| Q2 24 | 23.4% | 16.6% | ||
| Q1 24 | 22.6% | 23.6% |
| Q4 25 | — | 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
ATEC
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% |
