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DROPBOX, INC.（DBX）与Revolve Group, Inc.（RVLV）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Revolve Group, Inc.的2.0倍（$636.2M vs $324.4M），DROPBOX, INC.净利率更高（17.1% vs 5.7%，领先11.4%），Revolve Group, Inc.同比增速更快（10.4% vs -1.1%），DROPBOX, INC.自由现金流更多（$224.9M vs $-13.3M），过去两年Revolve Group, Inc.的营收复合增速更高（9.5% vs 0.4%）
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。
Revolve Theatre Company是总部位于英国泰晤士河畔亨利的剧团，专注于创作演出政治题材和莎士比亚系列戏剧作品，由奥利弗·登奇、乔·莫里斯与汤姆·史密斯共同创立运营。
DBX vs RVLV — 直观对比
营收规模更大
DBX
是对方的2.0倍
$324.4M
营收增速更快
RVLV
高出11.6%
-1.1%
净利率更高
DBX
高出11.4%
5.7%
自由现金流更多
DBX
多$238.2M
$-13.3M
两年增速更快
RVLV
近两年复合增速
0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $636.2M | $324.4M |
| 净利润 | $108.7M | $18.6M |
| 毛利率 | 79.2% | 53.3% |
| 营业利润率 | 25.5% | 6.3% |
| 净利率 | 17.1% | 5.7% |
| 营收同比 | -1.1% | 10.4% |
| 净利润同比 | 5.7% | 50.4% |
| 每股收益（稀释后） | $0.43 | $0.27 |
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DBXRVLV
| Q4 25 | $636.2M | $324.4M | ||
| Q3 25 | $634.4M | $295.6M | ||
| Q2 25 | $625.7M | $309.0M | ||
| Q1 25 | $624.7M | $296.7M | ||
| Q4 24 | $643.6M | $293.7M | ||
| Q3 24 | $638.8M | $283.1M | ||
| Q2 24 | $634.5M | $282.5M | ||
| Q1 24 | $631.3M | $270.6M |
净利润DBXRVLV
| Q4 25 | $108.7M | $18.6M | ||
| Q3 25 | $123.8M | $21.2M | ||
| Q2 25 | $125.6M | $10.2M | ||
| Q1 25 | $150.3M | $11.8M | ||
| Q4 24 | $102.8M | $12.3M | ||
| Q3 24 | $106.7M | $11.0M | ||
| Q2 24 | $110.5M | $15.4M | ||
| Q1 24 | $132.3M | $10.9M |
毛利率DBXRVLV
| Q4 25 | 79.2% | 53.3% | ||
| Q3 25 | 79.8% | 54.6% | ||
| Q2 25 | 80.2% | 54.1% | ||
| Q1 25 | 81.3% | 52.0% | ||
| Q4 24 | 81.2% | 52.5% | ||
| Q3 24 | 82.5% | 51.2% | ||
| Q2 24 | 83.1% | 54.0% | ||
| Q1 24 | 83.2% | 52.3% |
营业利润率DBXRVLV
| Q4 25 | 25.5% | 6.3% | ||
| Q3 25 | 27.5% | 7.1% | ||
| Q2 25 | 26.9% | 5.8% | ||
| Q1 25 | 29.4% | 5.0% | ||
| Q4 24 | 13.7% | 3.9% | ||
| Q3 24 | 20.0% | 5.0% | ||
| Q2 24 | 20.0% | 5.8% | ||
| Q1 24 | 22.7% | 3.4% |
净利率DBXRVLV
| Q4 25 | 17.1% | 5.7% | ||
| Q3 25 | 19.5% | 7.2% | ||
| Q2 25 | 20.1% | 3.3% | ||
| Q1 25 | 24.1% | 4.0% | ||
| Q4 24 | 16.0% | 4.2% | ||
| Q3 24 | 16.7% | 3.9% | ||
| Q2 24 | 17.4% | 5.4% | ||
| Q1 24 | 21.0% | 4.0% |
每股收益（稀释后）DBXRVLV
| Q4 25 | $0.43 | $0.27 | ||
| Q3 25 | $0.47 | $0.29 | ||
| Q2 25 | $0.45 | $0.14 | ||
| Q1 25 | $0.51 | $0.16 | ||
| Q4 24 | $0.33 | $0.18 | ||
| Q3 24 | $0.34 | $0.15 | ||
| Q2 24 | $0.34 | $0.21 | ||
| Q1 24 | $0.39 | $0.15 |
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 | $891.3M | $292.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-1.8B | $512.5M |
| 总资产 | $2.8B | $765.0M |
| 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DBXRVLV
| Q4 25 | $891.3M | $292.3M | ||
| Q3 25 | $730.7M | $315.4M | ||
| Q2 25 | $736.3M | $310.7M | ||
| Q1 25 | $942.2M | $300.8M | ||
| Q4 24 | $1.3B | $256.6M | ||
| Q3 24 | $517.6M | $252.8M | ||
| Q2 24 | $515.1M | $244.7M | ||
| Q1 24 | $548.9M | $273.4M |
股东权益DBXRVLV
| Q4 25 | $-1.8B | $512.5M | ||
| Q3 25 | $-1.5B | $490.2M | ||
| Q2 25 | $-1.3B | $468.6M | ||
| Q1 25 | $-1.1B | $453.4M | ||
| Q4 24 | $-752.4M | $437.8M | ||
| Q3 24 | $-546.1M | $420.8M | ||
| Q2 24 | $-371.3M | $405.8M | ||
| Q1 24 | $-277.2M | $389.9M |
总资产DBXRVLV
| Q4 25 | $2.8B | $765.0M | ||
| Q3 25 | $2.8B | $751.3M | ||
| Q2 25 | $2.8B | $722.9M | ||
| Q1 25 | $3.0B | $713.9M | ||
| Q4 24 | $3.3B | $665.5M | ||
| Q3 24 | $2.6B | $670.9M | ||
| Q2 24 | $2.7B | $657.8M | ||
| Q1 24 | $2.8B | $650.0M |
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 | $-10.2M |
| 自由现金流经营现金流 - 资本支出 | $224.9M | $-13.3M |
| 自由现金流率自由现金流/营收 | 35.4% | -4.1% |
| 资本支出强度资本支出/营收 | 1.7% | 1.0% |
| 现金转化率经营现金流/净利润 | 2.17× | -0.55× |
| 过去12个月自由现金流最近4个季度 | $930.8M | $48.0M |
8季度趋势，按日历期对齐
经营现金流DBXRVLV
| Q4 25 | $235.4M | $-10.2M | ||
| Q3 25 | $302.1M | $11.8M | ||
| Q2 25 | $260.5M | $12.6M | ||
| Q1 25 | $153.8M | $45.1M | ||
| Q4 24 | $213.8M | $3.9M | ||
| Q3 24 | $274.2M | $9.1M | ||
| Q2 24 | $230.6M | $-24.7M | ||
| Q1 24 | $175.5M | $38.4M |
自由现金流DBXRVLV
| Q4 25 | $224.9M | $-13.3M | ||
| Q3 25 | $293.7M | $7.5M | ||
| Q2 25 | $258.5M | $10.4M | ||
| Q1 25 | $153.7M | $43.4M | ||
| Q4 24 | $210.5M | $2.1M | ||
| Q3 24 | $270.1M | $8.0M | ||
| Q2 24 | $224.7M | $-25.7M | ||
| Q1 24 | $166.3M | $36.7M |
自由现金流率DBXRVLV
| Q4 25 | 35.4% | -4.1% | ||
| Q3 25 | 46.3% | 2.5% | ||
| Q2 25 | 41.3% | 3.4% | ||
| Q1 25 | 24.6% | 14.6% | ||
| Q4 24 | 32.7% | 0.7% | ||
| Q3 24 | 42.3% | 2.8% | ||
| Q2 24 | 35.4% | -9.1% | ||
| Q1 24 | 26.3% | 13.5% |
资本支出强度DBXRVLV
| Q4 25 | 1.7% | 1.0% | ||
| Q3 25 | 1.3% | 1.5% | ||
| Q2 25 | 0.3% | 0.7% | ||
| Q1 25 | 0.0% | 0.6% | ||
| Q4 24 | 0.5% | 0.6% | ||
| Q3 24 | 0.6% | 0.4% | ||
| Q2 24 | 0.9% | 0.4% | ||
| Q1 24 | 1.5% | 0.6% |
现金转化率DBXRVLV
| Q4 25 | 2.17× | -0.55× | ||
| Q3 25 | 2.44× | 0.56× | ||
| Q2 25 | 2.07× | 1.24× | ||
| Q1 25 | 1.02× | 3.82× | ||
| Q4 24 | 2.08× | 0.32× | ||
| Q3 24 | 2.57× | 0.83× | ||
| Q2 24 | 2.09× | -1.60× | ||
| Q1 24 | 1.33× | 3.53× |
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
DBX
| US | $355.3M | 56% |
| Non Us | $280.9M | 44% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
