vs
Blend Labs, Inc.（BLND）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Blend Labs, Inc.的7.5倍（$242.4M vs $32.4M）。DigitalOcean Holdings, Inc.净利率更高（10.6% vs -7.8%，领先18.4%）。DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 7.6%）。DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $-21.0K）。过去两年Blend Labs, Inc.的营收复合增速更高（16.6% vs 14.5%）
GU Energy Labs是一家总部位于美国加利福尼亚州伯克利的运动营养产品生产商，核心产品为深受耐力运动爱好者青睐的能量胶，可在各类运动中快速易消化吸收。此外品牌还推出能量咀嚼糖、冲调饮品、补水片、 stroopwafel荷蘭焦糖煎餅以及Roctane系列产品，涵盖能量冲饮、蛋白恢复冲饮、能量胶和胶囊等，公司于1994年由比尔·沃恩创立。
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。
BLND vs DOCN — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $32.4M | $242.4M |
| 净利润 | $-2.5M | $25.7M |
| 毛利率 | 75.7% | 58.7% |
| 营业利润率 | -11.1% | 16.0% |
| 净利率 | -7.8% | 10.6% |
| 营收同比 | 7.6% | 18.3% |
| 净利润同比 | -207.0% | 40.5% |
| 每股收益（稀释后） | — | $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 | $32.4M | $242.4M | ||
| Q3 25 | $32.7M | $229.6M | ||
| Q2 25 | $31.6M | $218.7M | ||
| Q1 25 | $26.8M | $210.7M | ||
| Q4 24 | $30.1M | $204.9M | ||
| Q3 24 | $33.1M | $198.5M | ||
| Q2 24 | $28.7M | $192.5M | ||
| Q1 24 | $23.8M | $184.7M |
| Q4 25 | $-2.5M | $25.7M | ||
| Q3 25 | $12.1M | $158.4M | ||
| Q2 25 | $-6.8M | $37.0M | ||
| Q1 25 | $-9.5M | $38.2M | ||
| Q4 24 | $-825.0K | $18.3M | ||
| Q3 24 | $-2.4M | $32.9M | ||
| Q2 24 | $-19.4M | $19.1M | ||
| Q1 24 | $-20.7M | $14.1M |
| Q4 25 | 75.7% | 58.7% | ||
| Q3 25 | 74.3% | 59.6% | ||
| Q2 25 | 73.8% | 59.9% | ||
| Q1 25 | 70.8% | 61.4% | ||
| Q4 24 | 74.2% | 57.1% | ||
| Q3 24 | 74.0% | 60.2% | ||
| Q2 24 | 70.9% | 61.0% | ||
| Q1 24 | 67.3% | 60.7% |
| Q4 25 | -11.1% | 16.0% | ||
| Q3 25 | -16.4% | 19.6% | ||
| Q2 25 | -15.3% | 16.3% | ||
| Q1 25 | -29.7% | 17.9% | ||
| Q4 24 | -10.9% | 15.9% | ||
| Q3 24 | -34.1% | 12.4% | ||
| Q2 24 | -45.5% | 11.6% | ||
| Q1 24 | -89.0% | 6.2% |
| Q4 25 | -7.8% | 10.6% | ||
| Q3 25 | 37.0% | 69.0% | ||
| Q2 25 | -21.6% | 16.9% | ||
| Q1 25 | -35.5% | 18.1% | ||
| Q4 24 | -2.7% | 8.9% | ||
| Q3 24 | -7.4% | 16.6% | ||
| Q2 24 | -67.6% | 9.9% | ||
| Q1 24 | -86.7% | 7.7% |
| Q4 25 | — | $0.23 | ||
| Q3 25 | $0.02 | $1.51 | ||
| Q2 25 | — | $0.39 | ||
| Q1 25 | — | $0.39 | ||
| Q4 24 | $-0.03 | $0.21 | ||
| Q3 24 | $-0.03 | $0.33 | ||
| Q2 24 | $-0.09 | $0.20 | ||
| Q1 24 | $-0.09 | $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 | $68.3M | $254.5M |
| 总债务越低越好 | $0 | $1.3B |
| 股东权益账面价值 | $-30.5M | $-28.7M |
| 总资产 | $170.0M | $1.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $68.3M | $254.5M | ||
| Q3 25 | $77.3M | $236.6M | ||
| Q2 25 | $88.3M | $387.7M | ||
| Q1 25 | $104.8M | $360.4M | ||
| Q4 24 | $94.2M | $428.4M | ||
| Q3 24 | $112.3M | $439.9M | ||
| Q2 24 | $108.9M | $443.1M | ||
| Q1 24 | $121.1M | $419.1M |
| Q4 25 | $0 | $1.3B | ||
| Q3 25 | $0 | $1.3B | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | $1.5B | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $138.9M | — |
| Q4 25 | $-30.5M | $-28.7M | ||
| Q3 25 | $-13.4M | $-69.6M | ||
| Q2 25 | $-23.1M | $-175.2M | ||
| Q1 25 | $-17.2M | $-210.7M | ||
| Q4 24 | $-56.4M | $-203.0M | ||
| Q3 24 | $-49.6M | $-211.7M | ||
| Q2 24 | $-45.5M | $-253.8M | ||
| Q1 24 | $-35.8M | $-286.1M |
| Q4 25 | $170.0M | $1.8B | ||
| Q3 25 | $188.6M | $1.7B | ||
| Q2 25 | $182.2M | $1.7B | ||
| Q1 25 | $187.5M | $1.6B | ||
| Q4 24 | $178.1M | $1.6B | ||
| Q3 24 | $186.1M | $1.5B | ||
| Q2 24 | $185.4M | $1.5B | ||
| Q1 24 | $201.8M | $1.5B |
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 | $1.5M | $57.3M |
| 自由现金流经营现金流 - 资本支出 | $-21.0K | $31.1M |
| 自由现金流率自由现金流/营收 | -0.1% | 12.8% |
| 资本支出强度资本支出/营收 | 4.8% | 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 | $-81.0K | $180.5M |
8季度趋势，按日历期对齐
| Q4 25 | $1.5M | $57.3M | ||
| Q3 25 | $-3.6M | $95.8M | ||
| Q2 25 | $-6.5M | $92.4M | ||
| Q1 25 | $20.1M | $64.1M | ||
| Q4 24 | $-4.6M | $71.3M | ||
| Q3 24 | $2.1M | $73.4M | ||
| Q2 24 | $-6.7M | $71.3M | ||
| Q1 24 | $-3.9M | $66.7M |
| Q4 25 | $-21.0K | $31.1M | ||
| Q3 25 | $-5.8M | $88.0M | ||
| Q2 25 | $-10.1M | $59.3M | ||
| Q1 25 | $15.8M | $2.1M | ||
| Q4 24 | $-7.1M | $26.1M | ||
| Q3 24 | $-1.4M | $16.0M | ||
| Q2 24 | $-8.5M | $39.5M | ||
| Q1 24 | $-5.8M | $23.0M |
| Q4 25 | -0.1% | 12.8% | ||
| Q3 25 | -17.6% | 38.3% | ||
| Q2 25 | -31.9% | 27.1% | ||
| Q1 25 | 58.9% | 1.0% | ||
| Q4 24 | -23.5% | 12.7% | ||
| Q3 24 | -4.1% | 8.1% | ||
| Q2 24 | -29.7% | 20.5% | ||
| Q1 24 | -24.5% | 12.5% |
| Q4 25 | 4.8% | 10.8% | ||
| Q3 25 | 6.5% | 3.4% | ||
| Q2 25 | 11.4% | 15.2% | ||
| Q1 25 | 16.1% | 29.4% | ||
| Q4 24 | 8.3% | 22.1% | ||
| Q3 24 | 10.4% | 28.9% | ||
| Q2 24 | 6.5% | 16.6% | ||
| Q1 24 | 8.2% | 23.6% |
| Q4 25 | — | 2.23× | ||
| Q3 25 | -0.30× | 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
BLND
| Mortgage Suite | $18.9M | 58% |
| Consumer Banking Suite | $11.4M | 35% |
| Professional Services | $2.1M | 6% |
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
