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dLocal Ltd（DLO）与Doximity, Inc.（DOCS）财务数据对比。点击上方公司名可切换其他公司
dLocal Ltd的季度营收约是Doximity, Inc.的1.8倍（$337.9M vs $185.1M），Doximity, Inc.净利率更高（33.3% vs 16.5%，领先16.8%），dLocal Ltd同比增速更快（65.2% vs 9.8%）
dLocal是一家总部位于乌拉圭的金融科技企业，专注于提供跨境支付解决方案，搭建全球商户与新兴市场之间的支付链路，助力国际商户顺畅接入新兴市场本地支付网络，高效开展跨境业务。
Doximity Inc成立于2010年，是面向医疗专业人士的线上社交服务平台，为平台会员提供精选医疗资讯、远程医疗工具，以及病例协作相关功能，助力医疗从业者高效交流信息、开展诊疗相关工作。
DLO vs DOCS — 直观对比
营收规模更大
DLO
是对方的1.8倍
$185.1M
营收增速更快
DLO
高出55.5%
9.8%
净利率更高
DOCS
高出16.8%
16.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $337.9M | $185.1M |
| 净利润 | $55.6M | $61.6M |
| 毛利率 | 34.3% | 89.9% |
| 营业利润率 | 18.6% | 38.9% |
| 净利率 | 16.5% | 33.3% |
| 营收同比 | 65.2% | 9.8% |
| 净利润同比 | 87.3% | -18.1% |
| 每股收益（稀释后） | $0.18 | $0.31 |
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DLODOCS
| Q4 25 | $337.9M | $185.1M | ||
| Q3 25 | $282.5M | $168.5M | ||
| Q2 25 | — | $145.9M | ||
| Q1 25 | — | $138.3M | ||
| Q4 24 | $204.5M | $168.6M | ||
| Q3 24 | $185.8M | $136.8M | ||
| Q2 24 | — | $126.7M | ||
| Q1 24 | — | $118.1M |
净利润DLODOCS
| Q4 25 | $55.6M | $61.6M | ||
| Q3 25 | $141.3M | $62.1M | ||
| Q2 25 | — | $53.3M | ||
| Q1 25 | — | $62.5M | ||
| Q4 24 | $29.7M | $75.2M | ||
| Q3 24 | $90.8M | $44.2M | ||
| Q2 24 | — | $41.4M | ||
| Q1 24 | — | $40.6M |
毛利率DLODOCS
| Q4 25 | 34.3% | 89.9% | ||
| Q3 25 | 36.5% | 90.3% | ||
| Q2 25 | — | 89.2% | ||
| Q1 25 | — | 89.5% | ||
| Q4 24 | 40.9% | 91.6% | ||
| Q3 24 | 42.1% | 90.0% | ||
| Q2 24 | — | 89.3% | ||
| Q1 24 | — | 89.4% |
营业利润率DLODOCS
| Q4 25 | 18.6% | 38.9% | ||
| Q3 25 | 19.7% | 37.8% | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | 20.7% | 47.4% | ||
| Q3 24 | 22.1% | 38.8% | ||
| Q2 24 | — | 36.4% | ||
| Q1 24 | — | 35.5% |
净利率DLODOCS
| Q4 25 | 16.5% | 33.3% | ||
| Q3 25 | 50.0% | 36.8% | ||
| Q2 25 | — | 36.5% | ||
| Q1 25 | — | 45.2% | ||
| Q4 24 | 14.5% | 44.6% | ||
| Q3 24 | 48.9% | 32.3% | ||
| Q2 24 | — | 32.7% | ||
| Q1 24 | — | 34.4% |
每股收益（稀释后）DLODOCS
| Q4 25 | $0.18 | $0.31 | ||
| Q3 25 | $0.17 | $0.31 | ||
| Q2 25 | — | $0.27 | ||
| Q1 25 | — | $0.31 | ||
| Q4 24 | $0.09 | $0.37 | ||
| Q3 24 | $0.09 | $0.22 | ||
| Q2 24 | — | $0.21 | ||
| Q1 24 | — | $0.20 |
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 | $719.9M | $64.8M |
| 总债务越低越好 | $86.7M | — |
| 股东权益账面价值 | $569.4M | $979.3M |
| 总资产 | $1.5B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.15× | — |
8季度趋势，按日历期对齐
现金及短期投资DLODOCS
| Q4 25 | $719.9M | $64.8M | ||
| Q3 25 | $604.5M | $169.2M | ||
| Q2 25 | — | $137.3M | ||
| Q1 25 | — | $209.6M | ||
| Q4 24 | $425.2M | $165.3M | ||
| Q3 24 | $560.5M | $184.2M | ||
| Q2 24 | — | $111.4M | ||
| Q1 24 | — | $96.8M |
总债务DLODOCS
| Q4 25 | $86.7M | — | ||
| Q3 25 | $63.1M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $39.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DLODOCS
| Q4 25 | $569.4M | $979.3M | ||
| Q3 25 | $504.7M | $1.1B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $489.0M | $1.0B | ||
| Q3 24 | $457.0M | $961.2M | ||
| Q2 24 | — | $913.6M | ||
| Q1 24 | — | $901.4M |
总资产DLODOCS
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
负债/权益比DLODOCS
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $100.4M | $60.9M |
| 自由现金流经营现金流 - 资本支出 | $99.8M | — |
| 自由现金流率自由现金流/营收 | 29.5% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | 1.80× | 0.99× |
| 过去12个月自由现金流最近4个季度 | $378.7M | — |
8季度趋势，按日历期对齐
经营现金流DLODOCS
| Q4 25 | $100.4M | $60.9M | ||
| Q3 25 | $315.0M | $93.9M | ||
| Q2 25 | — | $62.1M | ||
| Q1 25 | — | $98.5M | ||
| Q4 24 | $-141.1M | $65.2M | ||
| Q3 24 | $108.3M | $68.3M | ||
| Q2 24 | — | $41.2M | ||
| Q1 24 | — | $63.9M |
自由现金流DLODOCS
| Q4 25 | $99.8M | — | ||
| Q3 25 | $313.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-141.6M | — | ||
| Q3 24 | $107.1M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DLODOCS
| Q4 25 | 29.5% | — | ||
| Q3 25 | 110.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -69.2% | — | ||
| Q3 24 | 57.6% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DLODOCS
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | 0.2% | 0.0% | ||
| Q3 24 | 0.7% | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
现金转化率DLODOCS
| Q4 25 | 1.80× | 0.99× | ||
| Q3 25 | 2.23× | 1.51× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 1.58× | ||
| Q4 24 | -4.75× | 0.87× | ||
| Q3 24 | 1.19× | 1.55× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.57× |
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
DLO
暂无分部数据
DOCS
| Subscription | $175.4M | 95% |
| Service Other | $9.7M | 5% |
