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Datadog（DDOG）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
越洋钻探的季度营收约是Datadog的1.1倍（$1.0B vs $953.2M），Datadog净利率更高（4.9% vs 2.4%，领先2.5%），Datadog同比增速更快（29.2% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $318.2M），过去两年Datadog的营收复合增速更高（24.9% vs 16.9%）
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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
DDOG vs RIG — 直观对比
营收规模更大
RIG
是对方的1.1倍
$953.2M
营收增速更快
DDOG
高出19.6%
9.6%
净利率更高
DDOG
高出2.5%
2.4%
自由现金流更多
RIG
多$2.8M
$318.2M
两年增速更快
DDOG
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $953.2M | $1.0B |
| 净利润 | $46.6M | $25.0M |
| 毛利率 | 80.4% | 42.0% |
| 营业利润率 | 1.0% | 23.0% |
| 净利率 | 4.9% | 2.4% |
| 营收同比 | 29.2% | 9.6% |
| 净利润同比 | 2.1% | 257.1% |
| 每股收益（稀释后） | $0.13 | $0.13 |
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DDOGRIG
| Q4 25 | $953.2M | $1.0B | ||
| Q3 25 | $885.7M | $1.0B | ||
| Q2 25 | $826.8M | $988.0M | ||
| Q1 25 | $761.6M | $906.0M | ||
| Q4 24 | $737.7M | $952.0M | ||
| Q3 24 | $690.0M | $948.0M | ||
| Q2 24 | $645.3M | $861.0M | ||
| Q1 24 | $611.3M | $763.0M |
净利润DDOGRIG
| Q4 25 | $46.6M | $25.0M | ||
| Q3 25 | $33.9M | $-1.9B | ||
| Q2 25 | $2.6M | $-938.0M | ||
| Q1 25 | $24.6M | $-79.0M | ||
| Q4 24 | $45.6M | $7.0M | ||
| Q3 24 | $51.7M | $-494.0M | ||
| Q2 24 | $43.8M | $-123.0M | ||
| Q1 24 | $42.6M | $98.0M |
毛利率DDOGRIG
| Q4 25 | 80.4% | 42.0% | ||
| Q3 25 | 80.1% | 43.2% | ||
| Q2 25 | 79.9% | 39.4% | ||
| Q1 25 | 79.3% | 31.8% | ||
| Q4 24 | 80.5% | 39.2% | ||
| Q3 24 | 80.0% | 40.6% | ||
| Q2 24 | 80.9% | 38.0% | ||
| Q1 24 | 82.0% | 31.5% |
营业利润率DDOGRIG
| Q4 25 | 1.0% | 23.0% | ||
| Q3 25 | -0.7% | -163.1% | ||
| Q2 25 | -4.3% | -97.6% | ||
| Q1 25 | -1.6% | 7.1% | ||
| Q4 24 | 1.3% | 13.7% | ||
| Q3 24 | 2.9% | -51.2% | ||
| Q2 24 | 2.0% | -6.9% | ||
| Q1 24 | 2.0% | -0.4% |
净利率DDOGRIG
| Q4 25 | 4.9% | 2.4% | ||
| Q3 25 | 3.8% | -187.1% | ||
| Q2 25 | 0.3% | -94.9% | ||
| Q1 25 | 3.2% | -8.7% | ||
| Q4 24 | 6.2% | 0.7% | ||
| Q3 24 | 7.5% | -52.1% | ||
| Q2 24 | 6.8% | -14.3% | ||
| Q1 24 | 7.0% | 12.8% |
每股收益（稀释后）DDOGRIG
| Q4 25 | $0.13 | $0.13 | ||
| Q3 25 | $0.10 | $-2.00 | ||
| Q2 25 | $0.01 | $-1.06 | ||
| Q1 25 | $0.07 | $-0.11 | ||
| Q4 24 | $0.14 | $-0.14 | ||
| Q3 24 | $0.14 | $-0.58 | ||
| Q2 24 | $0.12 | $-0.15 | ||
| Q1 24 | $0.12 | $0.11 |
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 | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $3.7B | $8.1B |
| 总资产 | $6.6B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资DDOGRIG
| Q4 25 | $401.3M | $620.0M | ||
| Q3 25 | $540.6M | $833.0M | ||
| Q2 25 | $489.0M | $377.0M | ||
| Q1 25 | $1.1B | $263.0M | ||
| Q4 24 | $1.2B | $560.0M | ||
| Q3 24 | $337.4M | $435.0M | ||
| Q2 24 | $411.0M | $475.0M | ||
| Q1 24 | $282.2M | $446.0M |
总债务DDOGRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益DDOGRIG
| Q4 25 | $3.7B | $8.1B | ||
| Q3 25 | $3.4B | $8.1B | ||
| Q2 25 | $3.2B | $9.4B | ||
| Q1 25 | $2.9B | $10.2B | ||
| Q4 24 | $2.7B | $10.3B | ||
| Q3 24 | $2.6B | $10.2B | ||
| Q2 24 | $2.4B | $10.7B | ||
| Q1 24 | $2.2B | $10.5B |
总资产DDOGRIG
| Q4 25 | $6.6B | $15.6B | ||
| Q3 25 | $6.1B | $16.2B | ||
| Q2 25 | $5.8B | $17.8B | ||
| Q1 25 | $6.0B | $19.0B | ||
| Q4 24 | $5.8B | $19.4B | ||
| Q3 24 | $4.6B | $19.5B | ||
| Q2 24 | $4.4B | $20.3B | ||
| Q1 24 | $4.1B | $19.9B |
负债/权益比DDOGRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $318.2M | $321.0M |
| 自由现金流率自由现金流/营收 | 33.4% | 30.8% |
| 资本支出强度资本支出/营收 | 0.9% | 2.7% |
| 现金转化率经营现金流/净利润 | 7.02× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $626.0M |
8季度趋势，按日历期对齐
经营现金流DDOGRIG
| Q4 25 | $327.1M | $349.0M | ||
| Q3 25 | $251.5M | $246.0M | ||
| Q2 25 | $200.1M | $128.0M | ||
| Q1 25 | $271.5M | $26.0M | ||
| Q4 24 | $265.2M | $206.0M | ||
| Q3 24 | $228.7M | $194.0M | ||
| Q2 24 | $164.4M | $133.0M | ||
| Q1 24 | $212.3M | $-86.0M |
自由现金流DDOGRIG
| Q4 25 | $318.2M | $321.0M | ||
| Q3 25 | $234.7M | $235.0M | ||
| Q2 25 | $184.9M | $104.0M | ||
| Q1 25 | $262.8M | $-34.0M | ||
| Q4 24 | $257.5M | $177.0M | ||
| Q3 24 | $220.3M | $136.0M | ||
| Q2 24 | $160.0M | $49.0M | ||
| Q1 24 | $198.1M | $-169.0M |
自由现金流率DDOGRIG
| Q4 25 | 33.4% | 30.8% | ||
| Q3 25 | 26.5% | 22.9% | ||
| Q2 25 | 22.4% | 10.5% | ||
| Q1 25 | 34.5% | -3.8% | ||
| Q4 24 | 34.9% | 18.6% | ||
| Q3 24 | 31.9% | 14.3% | ||
| Q2 24 | 24.8% | 5.7% | ||
| Q1 24 | 32.4% | -22.1% |
资本支出强度DDOGRIG
| Q4 25 | 0.9% | 2.7% | ||
| Q3 25 | 1.9% | 1.1% | ||
| Q2 25 | 1.8% | 2.4% | ||
| Q1 25 | 1.1% | 6.6% | ||
| Q4 24 | 1.1% | 3.0% | ||
| Q3 24 | 1.2% | 6.1% | ||
| Q2 24 | 0.7% | 9.8% | ||
| Q1 24 | 2.3% | 10.9% |
现金转化率DDOGRIG
| Q4 25 | 7.02× | 13.96× | ||
| Q3 25 | 7.42× | — | ||
| Q2 25 | 75.58× | — | ||
| Q1 25 | 11.02× | — | ||
| Q4 24 | 5.82× | 29.43× | ||
| Q3 24 | 4.42× | — | ||
| Q2 24 | 3.75× | — | ||
| Q1 24 | 4.98× | -0.88× |
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% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
