vs
DoorDash（DASH）与希捷科技（STX）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是希捷科技的1.3倍（$4.0B vs $3.1B），希捷科技净利率更高（24.0% vs 5.4%，领先18.7%），希捷科技同比增速更快（44.1% vs 37.7%），希捷科技自由现金流更多（$953.0M vs $367.0M），过去两年希捷科技的营收复合增速更高（28.4% vs 25.5%）
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。
希捷科技是全球知名的美国数据存储企业，1978年注册成立时名为舒加特科技，1979年正式开展业务，2010年起注册地变更为爱尔兰都柏林，运营总部设在美国加利福尼亚州弗里蒙特，面向全球市场提供专业的数据存储产品与解决方案。
DASH vs STX — 直观对比
营收规模更大
DASH
是对方的1.3倍
$3.1B
营收增速更快
STX
高出6.4%
37.7%
净利率更高
STX
高出18.7%
5.4%
自由现金流更多
STX
多$586.0M
$367.0M
两年增速更快
STX
近两年复合增速
25.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $3.1B |
| 净利润 | $213.0M | $748.0M |
| 毛利率 | — | 46.5% |
| 营业利润率 | 3.7% | 32.1% |
| 净利率 | 5.4% | 24.0% |
| 营收同比 | 37.7% | 44.1% |
| 净利润同比 | 51.1% | -23.8% |
| 每股收益（稀释后） | $0.49 | $3.27 |
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DASHSTX
| Q3 26 | — | $3.1B | ||
| Q1 26 | — | $2.8B | ||
| Q4 25 | $4.0B | $2.6B | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.3B | $2.4B | ||
| Q1 25 | $3.0B | $2.2B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $2.7B | $2.2B |
净利润DASHSTX
| Q3 26 | — | $748.0M | ||
| Q1 26 | — | $593.0M | ||
| Q4 25 | $213.0M | $549.0M | ||
| Q3 25 | $244.0M | — | ||
| Q2 25 | $285.0M | $488.0M | ||
| Q1 25 | $193.0M | $340.0M | ||
| Q4 24 | $141.0M | $336.0M | ||
| Q3 24 | $162.0M | $305.0M |
毛利率DASHSTX
| Q3 26 | — | 46.5% | ||
| Q1 26 | — | 41.6% | ||
| Q4 25 | — | 39.4% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 34.9% | ||
| Q3 24 | — | 32.9% |
营业利润率DASHSTX
| Q3 26 | — | 32.1% | ||
| Q1 26 | — | 29.8% | ||
| Q4 25 | 3.7% | 26.4% | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 5.0% | 23.2% | ||
| Q1 25 | 5.1% | 20.0% | ||
| Q4 24 | 4.1% | 21.0% | ||
| Q3 24 | 4.0% | 18.6% |
净利率DASHSTX
| Q3 26 | — | 24.0% | ||
| Q1 26 | — | 21.0% | ||
| Q4 25 | 5.4% | 20.9% | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 8.7% | 20.0% | ||
| Q1 25 | 6.4% | 15.7% | ||
| Q4 24 | 4.9% | 14.5% | ||
| Q3 24 | 6.0% | 14.1% |
每股收益（稀释后）DASHSTX
| Q3 26 | — | $3.27 | ||
| Q1 26 | — | $2.60 | ||
| Q4 25 | $0.49 | $2.43 | ||
| Q3 25 | $0.55 | — | ||
| Q2 25 | $0.65 | $2.24 | ||
| Q1 25 | $0.44 | $1.57 | ||
| Q4 24 | $0.35 | $1.55 | ||
| Q3 24 | $0.38 | $1.41 |
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 | $1.1B |
| 总债务越低越好 | — | $3.9B |
| 股东权益账面价值 | $10.0B | — |
| 总资产 | $19.7B | $8.9B |
| 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DASHSTX
| Q3 26 | — | $1.1B | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $4.4B | $1.1B | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.9B | $891.0M | ||
| Q1 25 | $4.5B | $814.0M | ||
| Q4 24 | $4.0B | $1.2B | ||
| Q3 24 | $3.7B | $1.2B |
总债务DASHSTX
| Q3 26 | — | $3.9B | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
股东权益DASHSTX
| Q3 26 | — | — | ||
| Q1 26 | — | $459.0M | ||
| Q4 25 | $10.0B | $-63.0M | ||
| Q3 25 | $9.5B | — | ||
| Q2 25 | $8.9B | $-453.0M | ||
| Q1 25 | $8.4B | $-829.0M | ||
| Q4 24 | $7.8B | $-1.1B | ||
| Q3 24 | $7.6B | $-1.3B |
总资产DASHSTX
| Q3 26 | — | $8.9B | ||
| Q1 26 | — | $8.7B | ||
| Q4 25 | $19.7B | $8.4B | ||
| Q3 25 | $18.0B | — | ||
| Q2 25 | $16.9B | $8.0B | ||
| Q1 25 | $13.6B | $7.6B | ||
| Q4 24 | $12.8B | $8.0B | ||
| Q3 24 | $12.3B | $8.0B |
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 | $2.4B |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $953.0M |
| 自由现金流率自由现金流/营收 | 9.3% | 30.6% |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 1.98× | 3.17× |
| 过去12个月自由现金流最近4个季度 | $2.2B | — |
8季度趋势，按日历期对齐
经营现金流DASHSTX
| Q3 26 | — | $2.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | $421.0M | $532.0M | ||
| Q3 25 | $871.0M | — | ||
| Q2 25 | $504.0M | $508.0M | ||
| Q1 25 | $635.0M | $259.0M | ||
| Q4 24 | $518.0M | $221.0M | ||
| Q3 24 | $531.0M | $95.0M |
自由现金流DASHSTX
| Q3 26 | — | $953.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $367.0M | $427.0M | ||
| Q3 25 | $808.0M | — | ||
| Q2 25 | $438.0M | $425.0M | ||
| Q1 25 | $561.0M | $216.0M | ||
| Q4 24 | $486.0M | $150.0M | ||
| Q3 24 | $499.0M | $27.0M |
自由现金流率DASHSTX
| Q3 26 | — | 30.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 16.2% | ||
| Q3 25 | 23.4% | — | ||
| Q2 25 | 13.3% | 17.4% | ||
| Q1 25 | 18.5% | 10.0% | ||
| Q4 24 | 16.9% | 6.5% | ||
| Q3 24 | 18.4% | 1.2% |
资本支出强度DASHSTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 4.0% | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.0% | 3.4% | ||
| Q1 25 | 2.4% | 2.0% | ||
| Q4 24 | 1.1% | 3.1% | ||
| Q3 24 | 1.2% | 3.1% |
现金转化率DASHSTX
| Q3 26 | — | 3.17× | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 0.97× | ||
| Q3 25 | 3.57× | — | ||
| Q2 25 | 1.77× | 1.04× | ||
| Q1 25 | 3.29× | 0.76× | ||
| Q4 24 | 3.67× | 0.66× | ||
| Q3 24 | 3.28× | 0.31× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
