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Datadog（DDOG）与Atlassian Corp（TEAM）财务数据对比。点击上方公司名可切换其他公司
Atlassian Corp的季度营收约是Datadog的1.7倍（$1.6B vs $953.2M），Datadog净利率更高（4.9% vs -2.7%，领先7.6%），Datadog同比增速更快（29.2% vs 23.3%），Datadog自由现金流更多（$318.2M vs $168.5M）
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。
Dragoneer投资集团是总部位于美国加利福尼亚州旧金山的专业投资机构，专注于全球科技领域的投资布局，业务覆盖公开股票市场与私募股权市场，在全球科技投资赛道拥有丰富的运作经验和行业资源。
DDOG vs TEAM — 直观对比
营收规模更大
TEAM
是对方的1.7倍
$953.2M
营收增速更快
DDOG
高出5.9%
23.3%
净利率更高
DDOG
高出7.6%
-2.7%
自由现金流更多
DDOG
多$149.7M
$168.5M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $953.2M | $1.6B |
| 净利润 | $46.6M | $-42.6M |
| 毛利率 | 80.4% | 85.0% |
| 营业利润率 | 1.0% | -3.0% |
| 净利率 | 4.9% | -2.7% |
| 营收同比 | 29.2% | 23.3% |
| 净利润同比 | 2.1% | -11.6% |
| 每股收益（稀释后） | $0.13 | $-0.16 |
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DDOGTEAM
| Q4 25 | $953.2M | $1.6B | ||
| Q3 25 | $885.7M | $1.4B | ||
| Q2 25 | $826.8M | $1.4B | ||
| Q1 25 | $761.6M | $1.4B | ||
| Q4 24 | $737.7M | $1.3B | ||
| Q3 24 | $690.0M | $1.2B | ||
| Q2 24 | $645.3M | — | ||
| Q1 24 | $611.3M | $1.2B |
净利润DDOGTEAM
| Q4 25 | $46.6M | $-42.6M | ||
| Q3 25 | $33.9M | $-51.9M | ||
| Q2 25 | $2.6M | $-23.9M | ||
| Q1 25 | $24.6M | $-70.8M | ||
| Q4 24 | $45.6M | $-38.2M | ||
| Q3 24 | $51.7M | $-123.8M | ||
| Q2 24 | $43.8M | — | ||
| Q1 24 | $42.6M | $12.8M |
毛利率DDOGTEAM
| Q4 25 | 80.4% | 85.0% | ||
| Q3 25 | 80.1% | 82.0% | ||
| Q2 25 | 79.9% | 83.1% | ||
| Q1 25 | 79.3% | 83.8% | ||
| Q4 24 | 80.5% | 82.7% | ||
| Q3 24 | 80.0% | 81.7% | ||
| Q2 24 | 80.9% | — | ||
| Q1 24 | 82.0% | 82.1% |
营业利润率DDOGTEAM
| Q4 25 | 1.0% | -3.0% | ||
| Q3 25 | -0.7% | -6.7% | ||
| Q2 25 | -4.3% | -2.1% | ||
| Q1 25 | -1.6% | -0.9% | ||
| Q4 24 | 1.3% | -4.5% | ||
| Q3 24 | 2.9% | -2.7% | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 2.0% | 1.5% |
净利率DDOGTEAM
| Q4 25 | 4.9% | -2.7% | ||
| Q3 25 | 3.8% | -3.6% | ||
| Q2 25 | 0.3% | -1.7% | ||
| Q1 25 | 3.2% | -5.2% | ||
| Q4 24 | 6.2% | -3.0% | ||
| Q3 24 | 7.5% | -10.4% | ||
| Q2 24 | 6.8% | — | ||
| Q1 24 | 7.0% | 1.1% |
每股收益（稀释后）DDOGTEAM
| Q4 25 | $0.13 | $-0.16 | ||
| Q3 25 | $0.10 | $-0.20 | ||
| Q2 25 | $0.01 | $-0.08 | ||
| Q1 25 | $0.07 | $-0.27 | ||
| Q4 24 | $0.14 | $-0.15 | ||
| Q3 24 | $0.14 | $-0.48 | ||
| Q2 24 | $0.12 | — | ||
| Q1 24 | $0.12 | $0.05 |
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 | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $1.6B |
| 总资产 | $6.6B | $6.2B |
| 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DDOGTEAM
| Q4 25 | $401.3M | $1.6B | ||
| Q3 25 | $540.6M | $2.8B | ||
| Q2 25 | $489.0M | $2.9B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.2B | $2.5B | ||
| Q3 24 | $337.4M | $2.2B | ||
| Q2 24 | $411.0M | — | ||
| Q1 24 | $282.2M | $2.1B |
股东权益DDOGTEAM
| Q4 25 | $3.7B | $1.6B | ||
| Q3 25 | $3.4B | $1.4B | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $2.9B | $1.4B | ||
| Q4 24 | $2.7B | $1.2B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.2B | $1.1B |
总资产DDOGTEAM
| Q4 25 | $6.6B | $6.2B | ||
| Q3 25 | $6.1B | $5.7B | ||
| Q2 25 | $5.8B | $6.0B | ||
| Q1 25 | $6.0B | $5.9B | ||
| Q4 24 | $5.8B | $5.4B | ||
| Q3 24 | $4.6B | $5.0B | ||
| Q2 24 | $4.4B | — | ||
| Q1 24 | $4.1B | $5.1B |
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 | $177.8M |
| 自由现金流经营现金流 - 资本支出 | $318.2M | $168.5M |
| 自由现金流率自由现金流/营收 | 33.4% | 10.6% |
| 资本支出强度资本支出/营收 | 0.9% | 0.6% |
| 现金转化率经营现金流/净利润 | 7.02× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $1.3B |
8季度趋势，按日历期对齐
经营现金流DDOGTEAM
| Q4 25 | $327.1M | $177.8M | ||
| Q3 25 | $251.5M | $128.7M | ||
| Q2 25 | $200.1M | $375.3M | ||
| Q1 25 | $271.5M | $652.7M | ||
| Q4 24 | $265.2M | $351.9M | ||
| Q3 24 | $228.7M | $80.5M | ||
| Q2 24 | $164.4M | — | ||
| Q1 24 | $212.3M | $565.4M |
自由现金流DDOGTEAM
| Q4 25 | $318.2M | $168.5M | ||
| Q3 25 | $234.7M | $114.6M | ||
| Q2 25 | $184.9M | $360.3M | ||
| Q1 25 | $262.8M | $638.3M | ||
| Q4 24 | $257.5M | $342.6M | ||
| Q3 24 | $220.3M | $74.3M | ||
| Q2 24 | $160.0M | — | ||
| Q1 24 | $198.1M | $554.9M |
自由现金流率DDOGTEAM
| Q4 25 | 33.4% | 10.6% | ||
| Q3 25 | 26.5% | 8.0% | ||
| Q2 25 | 22.4% | 26.0% | ||
| Q1 25 | 34.5% | 47.0% | ||
| Q4 24 | 34.9% | 26.6% | ||
| Q3 24 | 31.9% | 6.3% | ||
| Q2 24 | 24.8% | — | ||
| Q1 24 | 32.4% | 46.7% |
资本支出强度DDOGTEAM
| Q4 25 | 0.9% | 0.6% | ||
| Q3 25 | 1.9% | 1.0% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 1.1% | 1.1% | ||
| Q4 24 | 1.1% | 0.7% | ||
| Q3 24 | 1.2% | 0.5% | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 2.3% | 0.9% |
现金转化率DDOGTEAM
| Q4 25 | 7.02× | — | ||
| Q3 25 | 7.42× | — | ||
| Q2 25 | 75.58× | — | ||
| Q1 25 | 11.02× | — | ||
| Q4 24 | 5.82× | — | ||
| Q3 24 | 4.42× | — | ||
| Q2 24 | 3.75× | — | ||
| Q1 24 | 4.98× | 44.34× |
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% |
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |
