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DoorDash（DASH）与FISERV INC（FISV）财务数据对比。点击上方公司名可切换其他公司
FISERV INC的季度营收约是DoorDash的1.3倍（$5.3B vs $4.0B）。FISERV INC净利率更高（15.3% vs 5.4%，领先10.0%）。DoorDash同比增速更快（37.7% vs 0.6%）。FISERV INC自由现金流更多（$1.5B vs $367.0M）。过去两年DoorDash的营收复合增速更高（25.5% vs 4.0%）
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
Fiserv是总部位于美国威斯康星州密尔沃基的跨国金融科技企业，面向银行机构提供借记卡、信用卡交易处理、忠诚度计划管理、贷款服务、电子账单支付、电汇及ACH转账、支票存款、ATM交易处理等解决方案，同时生产借记卡、信用卡及POS终端设备。
DASH vs FISV — 直观对比
营收规模更大
FISV
是对方的1.3倍
$4.0B
营收增速更快
DASH
高出37.0%
0.6%
净利率更高
FISV
高出10.0%
5.4%
自由现金流更多
FISV
多$1.1B
$367.0M
两年增速更快
DASH
近两年复合增速
4.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $5.3B |
| 净利润 | $213.0M | $811.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 24.4% |
| 净利率 | 5.4% | 15.3% |
| 营收同比 | 37.7% | 0.6% |
| 净利润同比 | 51.1% | -13.5% |
| 每股收益（稀释后） | $0.49 | $1.51 |
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DASHFISV
| Q4 25 | $4.0B | $5.3B | ||
| Q3 25 | $3.4B | $5.3B | ||
| Q2 25 | $3.3B | $5.5B | ||
| Q1 25 | $3.0B | $5.1B | ||
| Q4 24 | $2.9B | $5.3B | ||
| Q3 24 | $2.7B | $5.2B | ||
| Q2 24 | $2.6B | $5.1B | ||
| Q1 24 | $2.5B | $4.9B |
净利润DASHFISV
| Q4 25 | $213.0M | $811.0M | ||
| Q3 25 | $244.0M | $792.0M | ||
| Q2 25 | $285.0M | $1.0B | ||
| Q1 25 | $193.0M | $851.0M | ||
| Q4 24 | $141.0M | $938.0M | ||
| Q3 24 | $162.0M | $564.0M | ||
| Q2 24 | $-157.0M | $894.0M | ||
| Q1 24 | $-23.0M | $735.0M |
营业利润率DASHFISV
| Q4 25 | 3.7% | 24.4% | ||
| Q3 25 | 7.5% | 27.3% | ||
| Q2 25 | 5.0% | 30.7% | ||
| Q1 25 | 5.1% | 27.2% | ||
| Q4 24 | 4.1% | 31.8% | ||
| Q3 24 | 4.0% | 30.7% | ||
| Q2 24 | -7.6% | 28.0% | ||
| Q1 24 | -2.4% | 24.2% |
净利率DASHFISV
| Q4 25 | 5.4% | 15.3% | ||
| Q3 25 | 7.1% | 15.0% | ||
| Q2 25 | 8.7% | 18.6% | ||
| Q1 25 | 6.4% | 16.6% | ||
| Q4 24 | 4.9% | 17.9% | ||
| Q3 24 | 6.0% | 10.8% | ||
| Q2 24 | -6.0% | 17.5% | ||
| Q1 24 | -0.9% | 15.1% |
每股收益（稀释后）DASHFISV
| Q4 25 | $0.49 | $1.51 | ||
| Q3 25 | $0.55 | $1.46 | ||
| Q2 25 | $0.65 | $1.86 | ||
| Q1 25 | $0.44 | $1.51 | ||
| Q4 24 | $0.35 | $1.63 | ||
| Q3 24 | $0.38 | $0.98 | ||
| Q2 24 | $-0.38 | $1.53 | ||
| Q1 24 | $-0.06 | $1.24 |
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 | $4.4B | $798.0M |
| 总债务越低越好 | — | $27.8B |
| 股东权益账面价值 | $10.0B | $25.8B |
| 总资产 | $19.7B | $80.1B |
| 负债/权益比越低杠杆越低 | — | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资DASHFISV
| Q4 25 | $4.4B | $798.0M | ||
| Q3 25 | $3.3B | $1.1B | ||
| Q2 25 | $3.9B | $999.0M | ||
| Q1 25 | $4.5B | $1.2B | ||
| Q4 24 | $4.0B | $1.2B | ||
| Q3 24 | $3.7B | $1.2B | ||
| Q2 24 | $3.4B | $1.2B | ||
| Q1 24 | $3.1B | $1.2B |
总债务DASHFISV
| Q4 25 | — | $27.8B | ||
| Q3 25 | — | $28.9B | ||
| Q2 25 | — | $28.1B | ||
| Q1 25 | — | $27.0B | ||
| Q4 24 | — | $23.7B | ||
| Q3 24 | — | $24.1B | ||
| Q2 24 | — | $24.4B | ||
| Q1 24 | — | $23.8B |
股东权益DASHFISV
| Q4 25 | $10.0B | $25.8B | ||
| Q3 25 | $9.5B | $25.1B | ||
| Q2 25 | $8.9B | $25.2B | ||
| Q1 25 | $8.4B | $25.9B | ||
| Q4 24 | $7.8B | $27.1B | ||
| Q3 24 | $7.6B | $27.8B | ||
| Q2 24 | $7.2B | $28.2B | ||
| Q1 24 | $7.0B | $28.8B |
总资产DASHFISV
| Q4 25 | $19.7B | $80.1B | ||
| Q3 25 | $18.0B | $79.4B | ||
| Q2 25 | $16.9B | $81.5B | ||
| Q1 25 | $13.6B | $80.4B | ||
| Q4 24 | $12.8B | $77.2B | ||
| Q3 24 | $12.3B | $79.8B | ||
| Q2 24 | $11.8B | $93.4B | ||
| Q1 24 | $11.4B | $92.7B |
负债/权益比DASHFISV
| Q4 25 | — | 1.08× | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 1.04× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 0.87× | ||
| Q1 24 | — | 0.82× |
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 | $421.0M | $1.9B |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $1.5B |
| 自由现金流率自由现金流/营收 | 9.3% | 28.4% |
| 资本支出强度资本支出/营收 | 1.4% | 8.4% |
| 现金转化率经营现金流/净利润 | 1.98× | 2.40× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $4.3B |
8季度趋势，按日历期对齐
经营现金流DASHFISV
| Q4 25 | $421.0M | $1.9B | ||
| Q3 25 | $871.0M | $1.8B | ||
| Q2 25 | $504.0M | $1.7B | ||
| Q1 25 | $635.0M | $648.0M | ||
| Q4 24 | $518.0M | $2.2B | ||
| Q3 24 | $531.0M | $2.2B | ||
| Q2 24 | $530.0M | $1.3B | ||
| Q1 24 | $553.0M | $831.0M |
自由现金流DASHFISV
| Q4 25 | $367.0M | $1.5B | ||
| Q3 25 | $808.0M | $1.3B | ||
| Q2 25 | $438.0M | $1.2B | ||
| Q1 25 | $561.0M | $313.0M | ||
| Q4 24 | $486.0M | $1.8B | ||
| Q3 24 | $499.0M | $1.8B | ||
| Q2 24 | $507.0M | $993.0M | ||
| Q1 24 | $536.0M | $411.0M |
自由现金流率DASHFISV
| Q4 25 | 9.3% | 28.4% | ||
| Q3 25 | 23.4% | 24.7% | ||
| Q2 25 | 13.3% | 21.5% | ||
| Q1 25 | 18.5% | 6.1% | ||
| Q4 24 | 16.9% | 34.7% | ||
| Q3 24 | 18.4% | 35.2% | ||
| Q2 24 | 19.3% | 19.4% | ||
| Q1 24 | 21.3% | 8.4% |
资本支出强度DASHFISV
| Q4 25 | 1.4% | 8.4% | ||
| Q3 25 | 1.8% | 9.6% | ||
| Q2 25 | 2.0% | 8.7% | ||
| Q1 25 | 2.4% | 6.5% | ||
| Q4 24 | 1.1% | 7.6% | ||
| Q3 24 | 1.2% | 7.7% | ||
| Q2 24 | 0.9% | 6.8% | ||
| Q1 24 | 0.7% | 8.6% |
现金转化率DASHFISV
| Q4 25 | 1.98× | 2.40× | ||
| Q3 25 | 3.57× | 2.28× | ||
| Q2 25 | 1.77× | 1.62× | ||
| Q1 25 | 3.29× | 0.76× | ||
| Q4 24 | 3.67× | 2.37× | ||
| Q3 24 | 3.28× | 3.97× | ||
| Q2 24 | — | 1.50× | ||
| Q1 24 | — | 1.13× |
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
DASH
暂无分部数据
FISV
| Small Business | $1.7B | 32% |
| Products | $1.0B | 19% |
| Digital Payments | $960.0M | 18% |
| Issuing | $792.0M | 15% |
| Enterprise | $587.0M | 11% |
| Processing | $265.0M | 5% |
| Affiliated Entity | $18.0M | 0% |
