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Datadog（DDOG）与NetApp（NTAP）财务数据对比。点击上方公司名可切换其他公司
NetApp的季度营收约是Datadog的1.8倍（$1.7B vs $953.2M），NetApp净利率更高（17.9% vs 4.9%，领先13.0%），Datadog同比增速更快（29.2% vs 2.8%），Datadog自由现金流更多（$318.2M vs $78.0M），过去两年Datadog的营收复合增速更高（24.9% vs 3.0%）
Datadog是一家美国企业，为云级应用提供可观测性服务，旗下SaaS数据分析平台可实现对服务器、数据库、各类工具及服务的统一监控。公司成立并总部位于纽约，目前在纳斯达克证券交易所公开上市。
NetApp是总部位于美国加利福尼亚州圣何塞的企业级数据基础设施服务商，成立于1992年，2012至2021年连续入选《财富》世界500强。公司面向全球企业客户提供统一数据存储、集成数据服务及云运营解决方案，可满足线上线下全场景的应用与数据管理需求。
DDOG vs NTAP — 直观对比
营收规模更大
NTAP
是对方的1.8倍
$953.2M
营收增速更快
DDOG
高出26.4%
2.8%
净利率更高
NTAP
高出13.0%
4.9%
自由现金流更多
DDOG
多$240.2M
$78.0M
两年增速更快
DDOG
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $953.2M | $1.7B |
| 净利润 | $46.6M | $305.0M |
| 毛利率 | 80.4% | 72.0% |
| 营业利润率 | 1.0% | 23.4% |
| 净利率 | 4.9% | 17.9% |
| 营收同比 | 29.2% | 2.8% |
| 净利润同比 | 2.1% | 2.0% |
| 每股收益（稀释后） | $0.13 | $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DDOGNTAP
| Q4 25 | $953.2M | $1.7B | ||
| Q3 25 | $885.7M | $1.6B | ||
| Q2 25 | $826.8M | $1.7B | ||
| Q1 25 | $761.6M | $1.6B | ||
| Q4 24 | $737.7M | $1.7B | ||
| Q3 24 | $690.0M | $1.5B | ||
| Q2 24 | $645.3M | $1.7B | ||
| Q1 24 | $611.3M | $1.6B |
净利润DDOGNTAP
| Q4 25 | $46.6M | $305.0M | ||
| Q3 25 | $33.9M | $233.0M | ||
| Q2 25 | $2.6M | $340.0M | ||
| Q1 25 | $24.6M | $299.0M | ||
| Q4 24 | $45.6M | $299.0M | ||
| Q3 24 | $51.7M | $248.0M | ||
| Q2 24 | $43.8M | $291.0M | ||
| Q1 24 | $42.6M | $313.0M |
毛利率DDOGNTAP
| Q4 25 | 80.4% | 72.0% | ||
| Q3 25 | 80.1% | 70.4% | ||
| Q2 25 | 79.9% | 68.9% | ||
| Q1 25 | 79.3% | 69.8% | ||
| Q4 24 | 80.5% | 71.0% | ||
| Q3 24 | 80.0% | 71.3% | ||
| Q2 24 | 80.9% | 70.5% | ||
| Q1 24 | 82.0% | 71.7% |
营业利润率DDOGNTAP
| Q4 25 | 1.0% | 23.4% | ||
| Q3 25 | -0.7% | 19.8% | ||
| Q2 25 | -4.3% | 20.1% | ||
| Q1 25 | -1.6% | 22.1% | ||
| Q4 24 | 1.3% | 20.8% | ||
| Q3 24 | 2.9% | 18.3% | ||
| Q2 24 | 2.0% | 21.9% | ||
| Q1 24 | 2.0% | 22.8% |
净利率DDOGNTAP
| Q4 25 | 4.9% | 17.9% | ||
| Q3 25 | 3.8% | 14.9% | ||
| Q2 25 | 0.3% | 19.6% | ||
| Q1 25 | 3.2% | 18.2% | ||
| Q4 24 | 6.2% | 18.0% | ||
| Q3 24 | 7.5% | 16.1% | ||
| Q2 24 | 6.8% | 17.4% | ||
| Q1 24 | 7.0% | 19.5% |
每股收益（稀释后）DDOGNTAP
| Q4 25 | $0.13 | $1.51 | ||
| Q3 25 | $0.10 | $1.15 | ||
| Q2 25 | $0.01 | $1.64 | ||
| Q1 25 | $0.07 | $1.44 | ||
| Q4 24 | $0.14 | $1.42 | ||
| Q3 24 | $0.14 | $1.17 | ||
| Q2 24 | $0.12 | $1.36 | ||
| Q1 24 | $0.12 | $1.48 |
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 | $401.3M | $3.0B |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $3.7B | $986.0M |
| 总资产 | $6.6B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.52× |
8季度趋势，按日历期对齐
现金及短期投资DDOGNTAP
| Q4 25 | $401.3M | $3.0B | ||
| Q3 25 | $540.6M | $3.3B | ||
| Q2 25 | $489.0M | $3.8B | ||
| Q1 25 | $1.1B | $2.3B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $337.4M | $3.0B | ||
| Q2 24 | $411.0M | $3.3B | ||
| Q1 24 | $282.2M | $2.9B |
总债务DDOGNTAP
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
股东权益DDOGNTAP
| Q4 25 | $3.7B | $986.0M | ||
| Q3 25 | $3.4B | $975.0M | ||
| Q2 25 | $3.2B | $1.0B | ||
| Q1 25 | $2.9B | $995.0M | ||
| Q4 24 | $2.7B | $892.0M | ||
| Q3 24 | $2.6B | $929.0M | ||
| Q2 24 | $2.4B | $1.1B | ||
| Q1 24 | $2.2B | $994.0M |
总资产DDOGNTAP
| Q4 25 | $6.6B | $9.6B | ||
| Q3 25 | $6.1B | $9.7B | ||
| Q2 25 | $5.8B | $10.8B | ||
| Q1 25 | $6.0B | $9.0B | ||
| Q4 24 | $5.8B | $9.0B | ||
| Q3 24 | $4.6B | $9.3B | ||
| Q2 24 | $4.4B | $9.9B | ||
| Q1 24 | $4.1B | $9.4B |
负债/权益比DDOGNTAP
| Q4 25 | — | 2.52× | ||
| Q3 25 | — | 2.55× | ||
| Q2 25 | — | 3.11× | ||
| Q1 25 | — | 2.00× | ||
| Q4 24 | — | 2.23× | ||
| Q3 24 | — | 2.58× | ||
| Q2 24 | — | 2.09× | ||
| Q1 24 | — | 2.41× |
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 | $327.1M | $127.0M |
| 自由现金流经营现金流 - 资本支出 | $318.2M | $78.0M |
| 自由现金流率自由现金流/营收 | 33.4% | 4.6% |
| 资本支出强度资本支出/营收 | 0.9% | 2.9% |
| 现金转化率经营现金流/净利润 | 7.02× | 0.42× |
| 过去12个月自由现金流最近4个季度 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流DDOGNTAP
| Q4 25 | $327.1M | $127.0M | ||
| Q3 25 | $251.5M | $673.0M | ||
| Q2 25 | $200.1M | — | ||
| Q1 25 | $271.5M | $385.0M | ||
| Q4 24 | $265.2M | — | ||
| Q3 24 | $228.7M | $341.0M | ||
| Q2 24 | $164.4M | $613.0M | ||
| Q1 24 | $212.3M | $484.0M |
自由现金流DDOGNTAP
| Q4 25 | $318.2M | $78.0M | ||
| Q3 25 | $234.7M | $620.0M | ||
| Q2 25 | $184.9M | — | ||
| Q1 25 | $262.8M | $338.0M | ||
| Q4 24 | $257.5M | — | ||
| Q3 24 | $220.3M | $300.0M | ||
| Q2 24 | $160.0M | $567.0M | ||
| Q1 24 | $198.1M | $448.0M |
自由现金流率DDOGNTAP
| Q4 25 | 33.4% | 4.6% | ||
| Q3 25 | 26.5% | 39.8% | ||
| Q2 25 | 22.4% | — | ||
| Q1 25 | 34.5% | 20.6% | ||
| Q4 24 | 34.9% | — | ||
| Q3 24 | 31.9% | 19.5% | ||
| Q2 24 | 24.8% | 34.0% | ||
| Q1 24 | 32.4% | 27.9% |
资本支出强度DDOGNTAP
| Q4 25 | 0.9% | 2.9% | ||
| Q3 25 | 1.9% | 3.4% | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.1% | 2.9% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 1.2% | 2.7% | ||
| Q2 24 | 0.7% | 2.8% | ||
| Q1 24 | 2.3% | 2.2% |
现金转化率DDOGNTAP
| Q4 25 | 7.02× | 0.42× | ||
| Q3 25 | 7.42× | 2.89× | ||
| Q2 25 | 75.58× | — | ||
| Q1 25 | 11.02× | 1.29× | ||
| Q4 24 | 5.82× | — | ||
| Q3 24 | 4.42× | 1.38× | ||
| Q2 24 | 3.75× | 2.11× | ||
| Q1 24 | 4.98× | 1.55× |
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
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
NTAP
| Products | $788.0M | 46% |
| Support | $647.0M | 38% |
| Public Cloud Segment | $171.0M | 10% |
| Professional And Other Services | $99.0M | 6% |
