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COMMERCE BANCSHARES INC（CBSH）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
COMMERCE BANCSHARES INC的季度营收约是DigitalOcean Holdings, Inc.的2.0倍（$475.7M vs $242.4M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 10.6%，领先19.2%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 11.1%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 7.1%）
Commerce Bancshares, Inc.是总部位于美国密苏里州的区域性银行控股公司，在堪萨斯城和圣路易斯设有核心办公点，旗下Commerce Bank提供多元化金融服务，覆盖企业及个人银行、财富管理、关联公司投资等业务。
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。
CBSH vs DOCN — 直观对比
营收规模更大
CBSH
是对方的2.0倍
$242.4M
营收增速更快
DOCN
高出7.2%
11.1%
净利率更高
CBSH
高出19.2%
10.6%
两年增速更快
DOCN
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $242.4M |
| 净利润 | $141.6M | $25.7M |
| 毛利率 | — | 58.7% |
| 营业利润率 | — | 16.0% |
| 净利率 | 29.8% | 10.6% |
| 营收同比 | 11.1% | 18.3% |
| 净利润同比 | 0.7% | 40.5% |
| 每股收益（稀释后） | $0.96 | $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CBSHDOCN
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $242.4M | ||
| Q3 25 | $441.0M | $229.6M | ||
| Q2 25 | $445.8M | $218.7M | ||
| Q1 25 | $428.1M | $210.7M | ||
| Q4 24 | $422.1M | $204.9M | ||
| Q3 24 | $421.4M | $198.5M | ||
| Q2 24 | $414.5M | $192.5M |
净利润CBSHDOCN
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $25.7M | ||
| Q3 25 | $141.5M | $158.4M | ||
| Q2 25 | $152.5M | $37.0M | ||
| Q1 25 | $131.6M | $38.2M | ||
| Q4 24 | $136.1M | $18.3M | ||
| Q3 24 | $138.0M | $32.9M | ||
| Q2 24 | $139.6M | $19.1M |
毛利率CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | — | 58.7% | ||
| Q3 25 | — | 59.6% | ||
| Q2 25 | — | 59.9% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 57.1% | ||
| Q3 24 | — | 60.2% | ||
| Q2 24 | — | 61.0% |
营业利润率CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 16.0% | ||
| Q3 25 | 41.9% | 19.6% | ||
| Q2 25 | 44.0% | 16.3% | ||
| Q1 25 | 39.2% | 17.9% | ||
| Q4 24 | 41.2% | 15.9% | ||
| Q3 24 | 42.4% | 12.4% | ||
| Q2 24 | 43.4% | 11.6% |
净利率CBSHDOCN
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 10.6% | ||
| Q3 25 | 32.1% | 69.0% | ||
| Q2 25 | 34.2% | 16.9% | ||
| Q1 25 | 30.7% | 18.1% | ||
| Q4 24 | 32.2% | 8.9% | ||
| Q3 24 | 32.8% | 16.6% | ||
| Q2 24 | 33.7% | 9.9% |
每股收益（稀释后）CBSHDOCN
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $0.23 | ||
| Q3 25 | $1.06 | $1.51 | ||
| Q2 25 | $1.14 | $0.39 | ||
| Q1 25 | $0.98 | $0.39 | ||
| Q4 24 | $0.83 | $0.21 | ||
| Q3 24 | $1.01 | $0.33 | ||
| Q2 24 | $1.03 | $0.20 |
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 | — | $254.5M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $4.3B | $-28.7M |
| 总资产 | $35.7B | $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CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | — | $254.5M | ||
| Q3 25 | — | $236.6M | ||
| Q2 25 | — | $387.7M | ||
| Q1 25 | — | $360.4M | ||
| Q4 24 | — | $428.4M | ||
| Q3 24 | — | $439.9M | ||
| Q2 24 | — | $443.1M |
总债务CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CBSHDOCN
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $-28.7M | ||
| Q3 25 | $3.8B | $-69.6M | ||
| Q2 25 | $3.6B | $-175.2M | ||
| Q1 25 | $3.5B | $-210.7M | ||
| Q4 24 | $3.3B | $-203.0M | ||
| Q3 24 | $3.4B | $-211.7M | ||
| Q2 24 | $3.1B | $-253.8M |
总资产CBSHDOCN
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $1.8B | ||
| Q3 25 | $32.3B | $1.7B | ||
| Q2 25 | $32.3B | $1.7B | ||
| Q1 25 | $32.4B | $1.6B | ||
| Q4 24 | $32.0B | $1.6B | ||
| Q3 24 | $31.5B | $1.5B | ||
| Q2 24 | $30.6B | $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 | — | $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 | — | 2.23× |
| 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CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $57.3M | ||
| Q3 25 | $129.0M | $95.8M | ||
| Q2 25 | $111.2M | $92.4M | ||
| Q1 25 | $138.6M | $64.1M | ||
| Q4 24 | $577.9M | $71.3M | ||
| Q3 24 | $431.7M | $73.4M | ||
| Q2 24 | $147.4M | $71.3M |
自由现金流CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $31.1M | ||
| Q3 25 | $113.3M | $88.0M | ||
| Q2 25 | $100.5M | $59.3M | ||
| Q1 25 | $126.0M | $2.1M | ||
| Q4 24 | $531.7M | $26.1M | ||
| Q3 24 | $419.1M | $16.0M | ||
| Q2 24 | $138.9M | $39.5M |
自由现金流率CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 12.8% | ||
| Q3 25 | 25.7% | 38.3% | ||
| Q2 25 | 22.5% | 27.1% | ||
| Q1 25 | 29.4% | 1.0% | ||
| Q4 24 | 126.0% | 12.7% | ||
| Q3 24 | 99.5% | 8.1% | ||
| Q2 24 | 33.5% | 20.5% |
资本支出强度CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 10.8% | ||
| Q3 25 | 3.6% | 3.4% | ||
| Q2 25 | 2.4% | 15.2% | ||
| Q1 25 | 2.9% | 29.4% | ||
| Q4 24 | 10.9% | 22.1% | ||
| Q3 24 | 3.0% | 28.9% | ||
| Q2 24 | 2.1% | 16.6% |
现金转化率CBSHDOCN
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 2.23× | ||
| Q3 25 | 0.91× | 0.60× | ||
| Q2 25 | 0.73× | 2.50× | ||
| Q1 25 | 1.05× | 1.68× | ||
| Q4 24 | 4.25× | 3.91× | ||
| Q3 24 | 3.13× | 2.23× | ||
| Q2 24 | 1.06× | 3.73× |
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
CBSH
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% |
