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Custom Truck One Source, Inc.（CTOS）与DROPBOX, INC.（DBX）财务数据对比。点击上方公司名可切换其他公司
DROPBOX, INC.的季度营收约是Custom Truck One Source, Inc.的1.4倍（$636.2M vs $461.6M），DROPBOX, INC.净利率更高（17.1% vs -0.9%，领先18.0%），DROPBOX, INC.同比增速更快（-1.1% vs -12.6%），过去两年Custom Truck One Source, Inc.的营收复合增速更高（20.0% vs 0.4%）
Custom Truck One Source是北美领先的专用重型卡车及设备解决方案提供商，业务覆盖定制车辆制造、设备销售与租赁、售后配件供应及维保服务，主要服务基建、公用事业、建筑、能源等核心领域。
Dropbox是总部位于美国加利福尼亚州旧金山的云服务企业，2007年由麻省理工学院学生德鲁·休斯顿与阿拉什·费尔多西创立，初创阶段获得创业孵化器Y Combinator的种子投资，核心业务包含云存储、文件同步、个人云及配套客户端软件等服务。
CTOS vs DBX — 直观对比
营收规模更大
DBX
是对方的1.4倍
$461.6M
营收增速更快
DBX
高出11.5%
-12.6%
净利率更高
DBX
高出18.0%
-0.9%
两年增速更快
CTOS
近两年复合增速
0.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $636.2M |
| 净利润 | $-4.1M | $108.7M |
| 毛利率 | 22.3% | 79.2% |
| 营业利润率 | 6.8% | 25.5% |
| 净利率 | -0.9% | 17.1% |
| 营收同比 | -12.6% | -1.1% |
| 净利润同比 | 76.9% | 5.7% |
| 每股收益（稀释后） | $-0.02 | $0.43 |
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CTOSDBX
| Q1 26 | $461.6M | — | ||
| Q4 25 | $387.3M | $636.2M | ||
| Q3 25 | $359.9M | $634.4M | ||
| Q2 25 | $392.2M | $625.7M | ||
| Q1 25 | $307.1M | $624.7M | ||
| Q4 24 | $398.3M | $643.6M | ||
| Q3 24 | $337.5M | $638.8M | ||
| Q2 24 | $320.6M | $634.5M |
净利润CTOSDBX
| Q1 26 | $-4.1M | — | ||
| Q4 25 | $20.9M | $108.7M | ||
| Q3 25 | $-5.8M | $123.8M | ||
| Q2 25 | $-28.4M | $125.6M | ||
| Q1 25 | $-17.8M | $150.3M | ||
| Q4 24 | $27.6M | $102.8M | ||
| Q3 24 | $-17.4M | $106.7M | ||
| Q2 24 | $-24.5M | $110.5M |
毛利率CTOSDBX
| Q1 26 | 22.3% | — | ||
| Q4 25 | 31.8% | 79.2% | ||
| Q3 25 | 28.0% | 79.8% | ||
| Q2 25 | 26.1% | 80.2% | ||
| Q1 25 | 27.9% | 81.3% | ||
| Q4 24 | 29.7% | 81.2% | ||
| Q3 24 | 27.2% | 82.5% | ||
| Q2 24 | 27.8% | 83.1% |
营业利润率CTOSDBX
| Q1 26 | 6.8% | — | ||
| Q4 25 | 13.4% | 25.5% | ||
| Q3 25 | 9.1% | 27.5% | ||
| Q2 25 | 7.1% | 26.9% | ||
| Q1 25 | 4.0% | 29.4% | ||
| Q4 24 | 16.9% | 13.7% | ||
| Q3 24 | 6.8% | 20.0% | ||
| Q2 24 | 5.5% | 20.0% |
净利率CTOSDBX
| Q1 26 | -0.9% | — | ||
| Q4 25 | 5.4% | 17.1% | ||
| Q3 25 | -1.6% | 19.5% | ||
| Q2 25 | -7.2% | 20.1% | ||
| Q1 25 | -5.8% | 24.1% | ||
| Q4 24 | 6.9% | 16.0% | ||
| Q3 24 | -5.2% | 16.7% | ||
| Q2 24 | -7.6% | 17.4% |
每股收益（稀释后）CTOSDBX
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.10 | $0.43 | ||
| Q3 25 | $-0.03 | $0.47 | ||
| Q2 25 | $-0.13 | $0.45 | ||
| Q1 25 | $-0.08 | $0.51 | ||
| Q4 24 | $0.11 | $0.33 | ||
| Q3 24 | $-0.07 | $0.34 | ||
| Q2 24 | $-0.10 | $0.34 |
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 | $9.6M | $891.3M |
| 总债务越低越好 | $5.1M | — |
| 股东权益账面价值 | $805.2M | $-1.8B |
| 总资产 | $3.5B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.01× | — |
8季度趋势，按日历期对齐
现金及短期投资CTOSDBX
| Q1 26 | $9.6M | — | ||
| Q4 25 | $6.3M | $891.3M | ||
| Q3 25 | $13.1M | $730.7M | ||
| Q2 25 | $5.3M | $736.3M | ||
| Q1 25 | $5.4M | $942.2M | ||
| Q4 24 | $3.8M | $1.3B | ||
| Q3 24 | $8.4M | $517.6M | ||
| Q2 24 | $8.1M | $515.1M |
总债务CTOSDBX
| Q1 26 | $5.1M | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | — |
股东权益CTOSDBX
| Q1 26 | $805.2M | — | ||
| Q4 25 | $809.1M | $-1.8B | ||
| Q3 25 | $784.7M | $-1.5B | ||
| Q2 25 | $790.1M | $-1.3B | ||
| Q1 25 | $813.4M | $-1.1B | ||
| Q4 24 | $861.3M | $-752.4M | ||
| Q3 24 | $837.5M | $-546.1M | ||
| Q2 24 | $856.7M | $-371.3M |
总资产CTOSDBX
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.4B | $2.8B | ||
| Q3 25 | $3.5B | $2.8B | ||
| Q2 25 | $3.6B | $2.8B | ||
| Q1 25 | $3.5B | $3.0B | ||
| Q4 24 | $3.5B | $3.3B | ||
| Q3 24 | $3.6B | $2.6B | ||
| Q2 24 | $3.5B | $2.7B |
负债/权益比CTOSDBX
| Q1 26 | 0.01× | — | ||
| Q4 25 | 2.03× | — | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.79× | — |
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 | — | $235.4M |
| 自由现金流经营现金流 - 资本支出 | — | $224.9M |
| 自由现金流率自由现金流/营收 | — | 35.4% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 现金转化率经营现金流/净利润 | — | 2.17× |
| 过去12个月自由现金流最近4个季度 | — | $930.8M |
8季度趋势，按日历期对齐
经营现金流CTOSDBX
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $235.4M | ||
| Q3 25 | $81.5M | $302.1M | ||
| Q2 25 | $125.7M | $260.5M | ||
| Q1 25 | $55.6M | $153.8M | ||
| Q4 24 | $82.1M | $213.8M | ||
| Q3 24 | $16.5M | $274.2M | ||
| Q2 24 | $37.8M | $230.6M |
自由现金流CTOSDBX
| Q1 26 | — | — | ||
| Q4 25 | — | $224.9M | ||
| Q3 25 | — | $293.7M | ||
| Q2 25 | — | $258.5M | ||
| Q1 25 | — | $153.7M | ||
| Q4 24 | — | $210.5M | ||
| Q3 24 | — | $270.1M | ||
| Q2 24 | — | $224.7M |
自由现金流率CTOSDBX
| Q1 26 | — | — | ||
| Q4 25 | — | 35.4% | ||
| Q3 25 | — | 46.3% | ||
| Q2 25 | — | 41.3% | ||
| Q1 25 | — | 24.6% | ||
| Q4 24 | — | 32.7% | ||
| Q3 24 | — | 42.3% | ||
| Q2 24 | — | 35.4% |
资本支出强度CTOSDBX
| Q1 26 | — | — | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.9% |
现金转化率CTOSDBX
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 2.17× | ||
| Q3 25 | — | 2.44× | ||
| Q2 25 | — | 2.07× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | 2.98× | 2.08× | ||
| Q3 24 | — | 2.57× | ||
| Q2 24 | — | 2.09× |
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
CTOS
| Equipment sales | $292.6M | 63% |
| Rental revenue | $137.2M | 30% |
| Parts sales and services | $31.8M | 7% |
DBX
| US | $355.3M | 56% |
| Non Us | $280.9M | 44% |
