vs
AtriCure, Inc.（ATRC）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AtriCure, Inc.的1.7倍（$242.4M vs $140.5M），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 13.1%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $18.4M），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 13.6%）
AtriCure是一家专注于心房颤动及相关心脏病症治疗的医疗设备企业，研发并生产创新外科手术工具与疗法，主要服务北美、欧洲、亚太地区的医院、心脏外科中心及医疗机构，为微创心脏手术提供高效可靠的适配解决方案。
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。
ATRC vs DOCN — 直观对比
营收规模更大
DOCN
是对方的1.7倍
$140.5M
营收增速更快
DOCN
高出5.2%
13.1%
自由现金流更多
DOCN
多$12.7M
$18.4M
两年增速更快
DOCN
近两年复合增速
13.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $140.5M | $242.4M |
| 净利润 | — | $25.7M |
| 毛利率 | 75.0% | 58.7% |
| 营业利润率 | 1.8% | 16.0% |
| 净利率 | — | 10.6% |
| 营收同比 | 13.1% | 18.3% |
| 净利润同比 | — | 40.5% |
| 每股收益（稀释后） | $0.04 | $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ATRCDOCN
| Q4 25 | $140.5M | $242.4M | ||
| Q3 25 | $134.3M | $229.6M | ||
| Q2 25 | $136.1M | $218.7M | ||
| Q1 25 | $123.6M | $210.7M | ||
| Q4 24 | $124.3M | $204.9M | ||
| Q3 24 | $115.9M | $198.5M | ||
| Q2 24 | $116.3M | $192.5M | ||
| Q1 24 | $108.9M | $184.7M |
净利润ATRCDOCN
| Q4 25 | — | $25.7M | ||
| Q3 25 | $-267.0K | $158.4M | ||
| Q2 25 | $-6.2M | $37.0M | ||
| Q1 25 | $-6.7M | $38.2M | ||
| Q4 24 | — | $18.3M | ||
| Q3 24 | $-7.9M | $32.9M | ||
| Q2 24 | $-8.0M | $19.1M | ||
| Q1 24 | $-13.3M | $14.1M |
毛利率ATRCDOCN
| Q4 25 | 75.0% | 58.7% | ||
| Q3 25 | 75.5% | 59.6% | ||
| Q2 25 | 74.5% | 59.9% | ||
| Q1 25 | 74.9% | 61.4% | ||
| Q4 24 | 74.5% | 57.1% | ||
| Q3 24 | 74.9% | 60.2% | ||
| Q2 24 | 74.7% | 61.0% | ||
| Q1 24 | 74.7% | 60.7% |
营业利润率ATRCDOCN
| Q4 25 | 1.8% | 16.0% | ||
| Q3 25 | 0.2% | 19.6% | ||
| Q2 25 | -4.5% | 16.3% | ||
| Q1 25 | -4.8% | 17.9% | ||
| Q4 24 | -11.7% | 15.9% | ||
| Q3 24 | -6.4% | 12.4% | ||
| Q2 24 | -6.2% | 11.6% | ||
| Q1 24 | -10.0% | 6.2% |
净利率ATRCDOCN
| Q4 25 | — | 10.6% | ||
| Q3 25 | -0.2% | 69.0% | ||
| Q2 25 | -4.5% | 16.9% | ||
| Q1 25 | -5.5% | 18.1% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | -6.8% | 16.6% | ||
| Q2 24 | -6.9% | 9.9% | ||
| Q1 24 | -12.2% | 7.7% |
每股收益（稀释后）ATRCDOCN
| Q4 25 | $0.04 | $0.23 | ||
| Q3 25 | $-0.01 | $1.51 | ||
| Q2 25 | $-0.13 | $0.39 | ||
| Q1 25 | $-0.14 | $0.39 | ||
| Q4 24 | $-0.33 | $0.21 | ||
| Q3 24 | $-0.17 | $0.33 | ||
| Q2 24 | $-0.17 | $0.20 | ||
| Q1 24 | $-0.28 | $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 | $167.4M | $254.5M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $491.9M | $-28.7M |
| 总资产 | $654.2M | $1.8B |
| 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ATRCDOCN
| Q4 25 | $167.4M | $254.5M | ||
| Q3 25 | $147.9M | $236.6M | ||
| Q2 25 | $117.8M | $387.7M | ||
| Q1 25 | $99.9M | $360.4M | ||
| Q4 24 | $122.7M | $428.4M | ||
| Q3 24 | $130.3M | $439.9M | ||
| Q2 24 | $114.0M | $443.1M | ||
| Q1 24 | $106.0M | $419.1M |
总债务ATRCDOCN
| Q4 25 | — | $1.3B | ||
| Q3 25 | $61.9M | $1.3B | ||
| Q2 25 | $61.9M | — | ||
| Q1 25 | $61.9M | — | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $61.9M | — | ||
| Q2 24 | $61.9M | — | ||
| Q1 24 | $61.9M | — |
股东权益ATRCDOCN
| Q4 25 | $491.9M | $-28.7M | ||
| Q3 25 | $476.5M | $-69.6M | ||
| Q2 25 | $464.5M | $-175.2M | ||
| Q1 25 | $454.6M | $-210.7M | ||
| Q4 24 | $461.0M | $-203.0M | ||
| Q3 24 | $465.0M | $-211.7M | ||
| Q2 24 | $462.1M | $-253.8M | ||
| Q1 24 | $456.3M | $-286.1M |
总资产ATRCDOCN
| Q4 25 | $654.2M | $1.8B | ||
| Q3 25 | $635.4M | $1.7B | ||
| Q2 25 | $608.8M | $1.7B | ||
| Q1 25 | $591.6M | $1.6B | ||
| Q4 24 | $609.3M | $1.6B | ||
| Q3 24 | $615.1M | $1.5B | ||
| Q2 24 | $597.3M | $1.5B | ||
| Q1 24 | $591.6M | $1.5B |
负债/权益比ATRCDOCN
| Q4 25 | — | — | ||
| Q3 25 | 0.13× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.13× | — | ||
| Q1 24 | 0.14× | — |
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 | $20.0M | $57.3M |
| 自由现金流经营现金流 - 资本支出 | $18.4M | $31.1M |
| 自由现金流率自由现金流/营收 | 13.1% | 12.8% |
| 资本支出强度资本支出/营收 | 1.1% | 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 | $48.3M | $180.5M |
8季度趋势，按日历期对齐
经营现金流ATRCDOCN
| Q4 25 | $20.0M | $57.3M | ||
| Q3 25 | $26.7M | $95.8M | ||
| Q2 25 | $21.6M | $92.4M | ||
| Q1 25 | $-11.0M | $64.1M | ||
| Q4 24 | $5.8M | $71.3M | ||
| Q3 24 | $20.0M | $73.4M | ||
| Q2 24 | $7.4M | $71.3M | ||
| Q1 24 | $-21.0M | $66.7M |
自由现金流ATRCDOCN
| Q4 25 | $18.4M | $31.1M | ||
| Q3 25 | $24.1M | $88.0M | ||
| Q2 25 | $19.0M | $59.3M | ||
| Q1 25 | $-13.2M | $2.1M | ||
| Q4 24 | $3.1M | $26.1M | ||
| Q3 24 | $16.4M | $16.0M | ||
| Q2 24 | $5.0M | $39.5M | ||
| Q1 24 | $-23.8M | $23.0M |
自由现金流率ATRCDOCN
| Q4 25 | 13.1% | 12.8% | ||
| Q3 25 | 18.0% | 38.3% | ||
| Q2 25 | 13.9% | 27.1% | ||
| Q1 25 | -10.7% | 1.0% | ||
| Q4 24 | 2.5% | 12.7% | ||
| Q3 24 | 14.1% | 8.1% | ||
| Q2 24 | 4.3% | 20.5% | ||
| Q1 24 | -21.9% | 12.5% |
资本支出强度ATRCDOCN
| Q4 25 | 1.1% | 10.8% | ||
| Q3 25 | 1.9% | 3.4% | ||
| Q2 25 | 2.0% | 15.2% | ||
| Q1 25 | 1.8% | 29.4% | ||
| Q4 24 | 2.2% | 22.1% | ||
| Q3 24 | 3.1% | 28.9% | ||
| Q2 24 | 2.1% | 16.6% | ||
| Q1 24 | 2.5% | 23.6% |
现金转化率ATRCDOCN
| 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
ATRC
| Appendage Management | $45.5M | 32% |
| Openheart | $38.5M | 27% |
| Other | $26.2M | 19% |
| Pain Management | $22.6M | 16% |
| Minimally Invasive | $7.7M | 6% |
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
