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CoStar Group（CSGP）与Datadog（DDOG）财务数据对比。点击上方公司名可切换其他公司
Datadog的季度营收约是CoStar Group的1.1倍（$953.2M vs $899.9M），CoStar Group净利率更高（5.2% vs 4.9%，领先0.3%），Datadog同比增速更快（29.2% vs 26.9%），Datadog自由现金流更多（$318.2M vs $101.3M），过去两年Datadog的营收复合增速更高（24.9% vs 17.1%）
CoStar Group是1987年成立的美国商业地产服务商，总部位于弗吉尼亚州阿灵顿，业务覆盖北美、欧洲地区，为商业地产行业提供信息、分析及营销解决方案，旗下运营CoStar线上数据库、新闻网站及Apartments.com、Homes.com等多个线上平台。
Datadog是一家美国企业，为云级应用提供可观测性服务，旗下SaaS数据分析平台可实现对服务器、数据库、各类工具及服务的统一监控。公司成立并总部位于纽约，目前在纳斯达克证券交易所公开上市。
CSGP vs DDOG — 直观对比
营收规模更大
DDOG
是对方的1.1倍
$899.9M
营收增速更快
DDOG
高出2.4%
26.9%
净利率更高
CSGP
高出0.3%
4.9%
自由现金流更多
DDOG
多$216.9M
$101.3M
两年增速更快
DDOG
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $953.2M |
| 净利润 | $46.5M | $46.6M |
| 毛利率 | 78.6% | 80.4% |
| 营业利润率 | 5.5% | 1.0% |
| 净利率 | 5.2% | 4.9% |
| 营收同比 | 26.9% | 29.2% |
| 净利润同比 | -22.2% | 2.1% |
| 每股收益（稀释后） | $0.12 | $0.13 |
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CSGPDDOG
| Q4 25 | $899.9M | $953.2M | ||
| Q3 25 | $833.6M | $885.7M | ||
| Q2 25 | $781.3M | $826.8M | ||
| Q1 25 | $732.2M | $761.6M | ||
| Q4 24 | $709.4M | $737.7M | ||
| Q3 24 | $692.6M | $690.0M | ||
| Q2 24 | $677.8M | $645.3M | ||
| Q1 24 | $656.4M | $611.3M |
净利润CSGPDDOG
| Q4 25 | $46.5M | $46.6M | ||
| Q3 25 | $-30.9M | $33.9M | ||
| Q2 25 | $6.2M | $2.6M | ||
| Q1 25 | $-14.8M | $24.6M | ||
| Q4 24 | $59.8M | $45.6M | ||
| Q3 24 | $53.0M | $51.7M | ||
| Q2 24 | $19.2M | $43.8M | ||
| Q1 24 | $6.7M | $42.6M |
毛利率CSGPDDOG
| Q4 25 | 78.6% | 80.4% | ||
| Q3 25 | 79.3% | 80.1% | ||
| Q2 25 | 78.5% | 79.9% | ||
| Q1 25 | 79.1% | 79.3% | ||
| Q4 24 | 80.1% | 80.5% | ||
| Q3 24 | 79.7% | 80.0% | ||
| Q2 24 | 80.0% | 80.9% | ||
| Q1 24 | 78.5% | 82.0% |
营业利润率CSGPDDOG
| Q4 25 | 5.5% | 1.0% | ||
| Q3 25 | -6.1% | -0.7% | ||
| Q2 25 | -3.5% | -4.3% | ||
| Q1 25 | -5.8% | -1.6% | ||
| Q4 24 | 5.6% | 1.3% | ||
| Q3 24 | 3.4% | 2.9% | ||
| Q2 24 | -2.4% | 2.0% | ||
| Q1 24 | -6.5% | 2.0% |
净利率CSGPDDOG
| Q4 25 | 5.2% | 4.9% | ||
| Q3 25 | -3.7% | 3.8% | ||
| Q2 25 | 0.8% | 0.3% | ||
| Q1 25 | -2.0% | 3.2% | ||
| Q4 24 | 8.4% | 6.2% | ||
| Q3 24 | 7.7% | 7.5% | ||
| Q2 24 | 2.8% | 6.8% | ||
| Q1 24 | 1.0% | 7.0% |
每股收益（稀释后）CSGPDDOG
| Q4 25 | $0.12 | $0.13 | ||
| Q3 25 | $-0.07 | $0.10 | ||
| Q2 25 | $0.01 | $0.01 | ||
| Q1 25 | $-0.04 | $0.07 | ||
| Q4 24 | $0.14 | $0.14 | ||
| Q3 24 | $0.13 | $0.14 | ||
| Q2 24 | $0.05 | $0.12 | ||
| Q1 24 | $0.02 | $0.12 |
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 | $1.6B | $401.3M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $3.7B |
| 总资产 | $10.5B | $6.6B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资CSGPDDOG
| Q4 25 | $1.6B | $401.3M | ||
| Q3 25 | $1.9B | $540.6M | ||
| Q2 25 | $3.6B | $489.0M | ||
| Q1 25 | $3.7B | $1.1B | ||
| Q4 24 | $4.7B | $1.2B | ||
| Q3 24 | — | $337.4M | ||
| Q2 24 | — | $411.0M | ||
| Q1 24 | — | $282.2M |
总债务CSGPDDOG
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPDDOG
| Q4 25 | $8.3B | $3.7B | ||
| Q3 25 | $8.6B | $3.4B | ||
| Q2 25 | $8.6B | $3.2B | ||
| Q1 25 | $8.6B | $2.9B | ||
| Q4 24 | $7.6B | $2.7B | ||
| Q3 24 | $7.5B | $2.6B | ||
| Q2 24 | $7.4B | $2.4B | ||
| Q1 24 | $7.3B | $2.2B |
总资产CSGPDDOG
| Q4 25 | $10.5B | $6.6B | ||
| Q3 25 | $10.8B | $6.1B | ||
| Q2 25 | $10.5B | $5.8B | ||
| Q1 25 | $10.4B | $6.0B | ||
| Q4 24 | $9.3B | $5.8B | ||
| Q3 24 | $9.1B | $4.6B | ||
| Q2 24 | $9.1B | $4.4B | ||
| Q1 24 | $9.0B | $4.1B |
负债/权益比CSGPDDOG
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| 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 | $162.1M | $327.1M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $318.2M |
| 自由现金流率自由现金流/营收 | 11.3% | 33.4% |
| 资本支出强度资本支出/营收 | 6.8% | 0.9% |
| 现金转化率经营现金流/净利润 | 3.49× | 7.02× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $1.0B |
8季度趋势，按日历期对齐
经营现金流CSGPDDOG
| Q4 25 | $162.1M | $327.1M | ||
| Q3 25 | $68.2M | $251.5M | ||
| Q2 25 | $146.5M | $200.1M | ||
| Q1 25 | $53.2M | $271.5M | ||
| Q4 24 | $94.6M | $265.2M | ||
| Q3 24 | $100.3M | $228.7M | ||
| Q2 24 | $58.1M | $164.4M | ||
| Q1 24 | $139.6M | $212.3M |
自由现金流CSGPDDOG
| Q4 25 | $101.3M | $318.2M | ||
| Q3 25 | $-5.5M | $234.7M | ||
| Q2 25 | $27.7M | $184.9M | ||
| Q1 25 | $-500.0K | $262.8M | ||
| Q4 24 | $25.2M | $257.5M | ||
| Q3 24 | $40.2M | $220.3M | ||
| Q2 24 | $-14.7M | $160.0M | ||
| Q1 24 | $-237.1M | $198.1M |
自由现金流率CSGPDDOG
| Q4 25 | 11.3% | 33.4% | ||
| Q3 25 | -0.7% | 26.5% | ||
| Q2 25 | 3.5% | 22.4% | ||
| Q1 25 | -0.1% | 34.5% | ||
| Q4 24 | 3.6% | 34.9% | ||
| Q3 24 | 5.8% | 31.9% | ||
| Q2 24 | -2.2% | 24.8% | ||
| Q1 24 | -36.1% | 32.4% |
资本支出强度CSGPDDOG
| Q4 25 | 6.8% | 0.9% | ||
| Q3 25 | 8.8% | 1.9% | ||
| Q2 25 | 15.2% | 1.8% | ||
| Q1 25 | 7.3% | 1.1% | ||
| Q4 24 | 9.8% | 1.1% | ||
| Q3 24 | 8.7% | 1.2% | ||
| Q2 24 | 10.7% | 0.7% | ||
| Q1 24 | 57.4% | 2.3% |
现金转化率CSGPDDOG
| Q4 25 | 3.49× | 7.02× | ||
| Q3 25 | — | 7.42× | ||
| Q2 25 | 23.63× | 75.58× | ||
| Q1 25 | — | 11.02× | ||
| Q4 24 | 1.58× | 5.82× | ||
| Q3 24 | 1.89× | 4.42× | ||
| Q2 24 | 3.03× | 3.75× | ||
| Q1 24 | 20.84× | 4.98× |
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
CSGP
| Co Star | $503.8M | 56% |
| Other | $283.0M | 31% |
| Loop Net | $94.7M | 11% |
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
