vs
Dayforce（DAY）与杜比实验室（DLB）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是杜比实验室的1.2倍（$481.6M vs $395.6M），杜比实验室净利率更高（24.0% vs -40.9%，领先64.9%），Dayforce同比增速更快（9.5% vs 7.1%），过去两年杜比实验室的营收复合增速更高（13.9% vs 9.8%）
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
杜比实验室是一家美国科技企业，专注于音频降噪、音频编码压缩、空间音频及高动态范围（HDR）影像等技术的研发，旗下技术广泛授权给全球各地的消费电子制造商使用，助力终端产品为用户带来更出色的视听体验。
DAY vs DLB — 直观对比
营收规模更大
DAY
是对方的1.2倍
$395.6M
营收增速更快
DAY
高出2.4%
7.1%
净利率更高
DLB
高出64.9%
-40.9%
两年增速更快
DLB
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $395.6M |
| 净利润 | $-196.8M | $94.9M |
| 毛利率 | — | 88.7% |
| 营业利润率 | 6.3% | 28.5% |
| 净利率 | -40.9% | 24.0% |
| 营收同比 | 9.5% | 7.1% |
| 净利润同比 | -9940.0% | 3.4% |
| 每股收益（稀释后） | $-1.23 | $0.99 |
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DAYDLB
| Q2 26 | — | $395.6M | ||
| Q1 26 | — | $346.7M | ||
| Q4 25 | — | $346.7M | ||
| Q3 25 | $481.6M | $307.0M | ||
| Q2 25 | $464.7M | $315.5M | ||
| Q1 25 | $481.8M | $369.6M | ||
| Q4 24 | $465.2M | $357.0M | ||
| Q3 24 | $440.0M | $304.8M |
净利润DAYDLB
| Q2 26 | — | $94.9M | ||
| Q1 26 | — | $53.3M | ||
| Q4 25 | — | $53.3M | ||
| Q3 25 | $-196.8M | $49.3M | ||
| Q2 25 | $21.3M | $46.1M | ||
| Q1 25 | $14.9M | $91.8M | ||
| Q4 24 | $10.8M | $67.8M | ||
| Q3 24 | $2.0M | $58.6M |
毛利率DAYDLB
| Q2 26 | — | 88.7% | ||
| Q1 26 | — | 87.5% | ||
| Q4 25 | — | 87.5% | ||
| Q3 25 | — | 87.1% | ||
| Q2 25 | — | 86.1% | ||
| Q1 25 | — | 90.3% | ||
| Q4 24 | 47.0% | 88.6% | ||
| Q3 24 | 45.8% | 88.8% |
营业利润率DAYDLB
| Q2 26 | — | 28.5% | ||
| Q1 26 | — | 17.9% | ||
| Q4 25 | — | 17.9% | ||
| Q3 25 | 6.3% | 9.7% | ||
| Q2 25 | 9.1% | 15.1% | ||
| Q1 25 | 6.4% | 29.2% | ||
| Q4 24 | 6.1% | 22.4% | ||
| Q3 24 | 4.7% | 15.2% |
净利率DAYDLB
| Q2 26 | — | 24.0% | ||
| Q1 26 | — | 15.4% | ||
| Q4 25 | — | 15.4% | ||
| Q3 25 | -40.9% | 16.1% | ||
| Q2 25 | 4.6% | 14.6% | ||
| Q1 25 | 3.1% | 24.8% | ||
| Q4 24 | 2.3% | 19.0% | ||
| Q3 24 | 0.5% | 19.2% |
每股收益（稀释后）DAYDLB
| Q2 26 | — | $0.99 | ||
| Q1 26 | — | $0.55 | ||
| Q4 25 | — | $0.55 | ||
| Q3 25 | $-1.23 | $0.50 | ||
| Q2 25 | $0.13 | $0.48 | ||
| Q1 25 | $0.09 | $0.94 | ||
| Q4 24 | $0.07 | $0.70 | ||
| Q3 24 | $0.01 | $0.59 |
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 | $627.6M | $594.7M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $2.6B |
| 总资产 | $8.7B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资DAYDLB
| Q2 26 | — | $594.7M | ||
| Q1 26 | — | $644.6M | ||
| Q4 25 | — | $644.6M | ||
| Q3 25 | $627.6M | $702.6M | ||
| Q2 25 | $625.2M | $699.3M | ||
| Q1 25 | $557.3M | $626.6M | ||
| Q4 24 | $579.7M | $520.8M | ||
| Q3 24 | $494.1M | $482.0M |
总债务DAYDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — |
股东权益DAYDLB
| Q2 26 | — | $2.6B | ||
| Q1 26 | — | $2.6B | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | $2.7B | $2.6B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.6B | $2.6B | ||
| Q4 24 | $2.5B | $2.5B | ||
| Q3 24 | $2.6B | $2.5B |
总资产DAYDLB
| Q2 26 | — | $3.2B | ||
| Q1 26 | — | $3.2B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | $8.7B | $3.2B | ||
| Q2 25 | $8.5B | $3.2B | ||
| Q1 25 | $9.5B | $3.2B | ||
| Q4 24 | $9.1B | $3.2B | ||
| Q3 24 | $8.1B | $3.1B |
负债/权益比DAYDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — |
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 | $31.2M | $147.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.55× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DAYDLB
| Q2 26 | — | $147.3M | ||
| Q1 26 | — | $54.8M | ||
| Q4 25 | — | $54.8M | ||
| Q3 25 | $31.2M | $472.2M | ||
| Q2 25 | $112.7M | $67.7M | ||
| Q1 25 | $49.6M | $174.9M | ||
| Q4 24 | $81.0M | $106.8M | ||
| Q3 24 | $91.8M | $327.3M |
自由现金流DAYDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $50.2M | ||
| Q3 25 | — | $435.9M | ||
| Q2 25 | — | $61.3M | ||
| Q1 25 | — | $168.0M | ||
| Q4 24 | — | $100.0M | ||
| Q3 24 | — | $297.2M |
自由现金流率DAYDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 14.5% | ||
| Q3 25 | — | 142.0% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 45.5% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | — | 97.5% |
资本支出强度DAYDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 9.8% |
现金转化率DAYDLB
| Q2 26 | — | 1.55× | ||
| Q1 26 | — | 1.03× | ||
| Q4 25 | — | 1.03× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | 5.29× | 1.47× | ||
| Q1 25 | 3.33× | 1.91× | ||
| Q4 24 | 7.50× | 1.57× | ||
| Q3 24 | 45.90× | 5.59× |
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
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
DLB
| Licensing | $372.2M | 94% |
| Products and services | $23.4M | 6% |
