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Datadog（DDOG）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Datadog的1.3倍（$1.2B vs $953.2M），利氏兄弟拍卖行净利率更高（9.1% vs 4.9%，领先4.2%），Datadog同比增速更快（29.2% vs 5.4%），Datadog自由现金流更多（$318.2M vs $186.5M），过去两年Datadog的营收复合增速更高（24.9% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
DDOG vs RBA — 直观对比
营收规模更大
RBA
是对方的1.3倍
$953.2M
营收增速更快
DDOG
高出23.8%
5.4%
净利率更高
RBA
高出4.2%
4.9%
自由现金流更多
DDOG
多$131.7M
$186.5M
两年增速更快
DDOG
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $953.2M | $1.2B |
| 净利润 | $46.6M | $109.7M |
| 毛利率 | 80.4% | — |
| 营业利润率 | 1.0% | 14.7% |
| 净利率 | 4.9% | 9.1% |
| 营收同比 | 29.2% | 5.4% |
| 净利润同比 | 2.1% | -7.4% |
| 每股收益（稀释后） | $0.13 | $0.53 |
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DDOGRBA
| Q4 25 | $953.2M | $1.2B | ||
| Q3 25 | $885.7M | $1.1B | ||
| Q2 25 | $826.8M | $1.2B | ||
| Q1 25 | $761.6M | $1.1B | ||
| Q4 24 | $737.7M | $1.1B | ||
| Q3 24 | $690.0M | $981.8M | ||
| Q2 24 | $645.3M | $1.1B | ||
| Q1 24 | $611.3M | $1.1B |
净利润DDOGRBA
| Q4 25 | $46.6M | $109.7M | ||
| Q3 25 | $33.9M | $95.5M | ||
| Q2 25 | $2.6M | $109.8M | ||
| Q1 25 | $24.6M | $113.4M | ||
| Q4 24 | $45.6M | $118.5M | ||
| Q3 24 | $51.7M | $76.1M | ||
| Q2 24 | $43.8M | $111.1M | ||
| Q1 24 | $42.6M | $107.4M |
毛利率DDOGRBA
| Q4 25 | 80.4% | — | ||
| Q3 25 | 80.1% | — | ||
| Q2 25 | 79.9% | — | ||
| Q1 25 | 79.3% | — | ||
| Q4 24 | 80.5% | — | ||
| Q3 24 | 80.0% | — | ||
| Q2 24 | 80.9% | — | ||
| Q1 24 | 82.0% | — |
营业利润率DDOGRBA
| Q4 25 | 1.0% | 14.7% | ||
| Q3 25 | -0.7% | 14.5% | ||
| Q2 25 | -4.3% | 15.9% | ||
| Q1 25 | -1.6% | 17.1% | ||
| Q4 24 | 1.3% | 18.1% | ||
| Q3 24 | 2.9% | 15.6% | ||
| Q2 24 | 2.0% | 18.4% | ||
| Q1 24 | 2.0% | 18.7% |
净利率DDOGRBA
| Q4 25 | 4.9% | 9.1% | ||
| Q3 25 | 3.8% | 8.7% | ||
| Q2 25 | 0.3% | 9.3% | ||
| Q1 25 | 3.2% | 10.2% | ||
| Q4 24 | 6.2% | 10.4% | ||
| Q3 24 | 7.5% | 7.8% | ||
| Q2 24 | 6.8% | 10.1% | ||
| Q1 24 | 7.0% | 10.1% |
每股收益（稀释后）DDOGRBA
| Q4 25 | $0.13 | $0.53 | ||
| Q3 25 | $0.10 | $0.43 | ||
| Q2 25 | $0.01 | $0.53 | ||
| Q1 25 | $0.07 | $0.55 | ||
| Q4 24 | $0.14 | $0.58 | ||
| Q3 24 | $0.14 | $0.36 | ||
| Q2 24 | $0.12 | $0.54 | ||
| Q1 24 | $0.12 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.7B | $5.6B |
| 总资产 | $6.6B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资DDOGRBA
| Q4 25 | $401.3M | $531.5M | ||
| Q3 25 | $540.6M | $674.7M | ||
| Q2 25 | $489.0M | $710.2M | ||
| Q1 25 | $1.1B | $578.1M | ||
| Q4 24 | $1.2B | $533.9M | ||
| Q3 24 | $337.4M | $650.7M | ||
| Q2 24 | $411.0M | $599.5M | ||
| Q1 24 | $282.2M | $462.8M |
总债务DDOGRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益DDOGRBA
| Q4 25 | $3.7B | $5.6B | ||
| Q3 25 | $3.4B | $5.5B | ||
| Q2 25 | $3.2B | $5.5B | ||
| Q1 25 | $2.9B | $5.3B | ||
| Q4 24 | $2.7B | $5.2B | ||
| Q3 24 | $2.6B | $5.2B | ||
| Q2 24 | $2.4B | $5.2B | ||
| Q1 24 | $2.2B | $5.1B |
总资产DDOGRBA
| Q4 25 | $6.6B | $12.1B | ||
| Q3 25 | $6.1B | $12.2B | ||
| Q2 25 | $5.8B | $12.2B | ||
| Q1 25 | $6.0B | $11.9B | ||
| Q4 24 | $5.8B | $11.8B | ||
| Q3 24 | $4.6B | $11.9B | ||
| Q2 24 | $4.4B | $12.1B | ||
| Q1 24 | $4.1B | $12.0B |
负债/权益比DDOGRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $318.2M | $186.5M |
| 自由现金流率自由现金流/营收 | 33.4% | 15.5% |
| 资本支出强度资本支出/营收 | 0.9% | 5.7% |
| 现金转化率经营现金流/净利润 | 7.02× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $719.2M |
8季度趋势，按日历期对齐
经营现金流DDOGRBA
| Q4 25 | $327.1M | $255.2M | ||
| Q3 25 | $251.5M | $239.7M | ||
| Q2 25 | $200.1M | $326.5M | ||
| Q1 25 | $271.5M | $156.8M | ||
| Q4 24 | $265.2M | $184.5M | ||
| Q3 24 | $228.7M | $285.4M | ||
| Q2 24 | $164.4M | $337.3M | ||
| Q1 24 | $212.3M | $124.8M |
自由现金流DDOGRBA
| Q4 25 | $318.2M | $186.5M | ||
| Q3 25 | $234.7M | $188.5M | ||
| Q2 25 | $184.9M | $241.7M | ||
| Q1 25 | $262.8M | $102.5M | ||
| Q4 24 | $257.5M | $127.9M | ||
| Q3 24 | $220.3M | $248.5M | ||
| Q2 24 | $160.0M | $308.6M | ||
| Q1 24 | $198.1M | $79.6M |
自由现金流率DDOGRBA
| Q4 25 | 33.4% | 15.5% | ||
| Q3 25 | 26.5% | 17.3% | ||
| Q2 25 | 22.4% | 20.4% | ||
| Q1 25 | 34.5% | 9.2% | ||
| Q4 24 | 34.9% | 11.2% | ||
| Q3 24 | 31.9% | 25.3% | ||
| Q2 24 | 24.8% | 28.2% | ||
| Q1 24 | 32.4% | 7.5% |
资本支出强度DDOGRBA
| Q4 25 | 0.9% | 5.7% | ||
| Q3 25 | 1.9% | 4.7% | ||
| Q2 25 | 1.8% | 7.2% | ||
| Q1 25 | 1.1% | 4.9% | ||
| Q4 24 | 1.1% | 5.0% | ||
| Q3 24 | 1.2% | 3.8% | ||
| Q2 24 | 0.7% | 2.6% | ||
| Q1 24 | 2.3% | 4.2% |
现金转化率DDOGRBA
| Q4 25 | 7.02× | 2.33× | ||
| Q3 25 | 7.42× | 2.51× | ||
| Q2 25 | 75.58× | 2.97× | ||
| Q1 25 | 11.02× | 1.38× | ||
| Q4 24 | 5.82× | 1.56× | ||
| Q3 24 | 4.42× | 3.75× | ||
| Q2 24 | 3.75× | 3.04× | ||
| Q1 24 | 4.98× | 1.16× |
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
