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DigitalOcean Holdings, Inc.（DOCN）与Ecovyst Inc.（ECVT）财务数据对比。点击上方公司名可切换其他公司
DigitalOcean Holdings, Inc.的季度营收约是Ecovyst Inc.的1.2倍（$242.4M vs $199.4M），Ecovyst Inc.同比增速更快（34.0% vs 18.3%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $22.9M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 14.5%）
DigitalOcean Holdings, Inc.是美国跨国科技企业及云服务提供商，总部位于美国科罗拉多州布鲁姆菲尔德，在全球布局15个数据中心，面向开发者、初创企业及中小微企业提供稳定易用的云基础设施即服务平台，助力各类技术团队高效开展业务。
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
DOCN vs ECVT — 直观对比
营收规模更大
DOCN
是对方的1.2倍
$199.4M
营收增速更快
ECVT
高出15.7%
18.3%
自由现金流更多
DOCN
多$8.2M
$22.9M
两年增速更快
ECVT
近两年复合增速
14.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $199.4M |
| 净利润 | $25.7M | — |
| 毛利率 | 58.7% | 23.4% |
| 营业利润率 | 16.0% | 10.9% |
| 净利率 | 10.6% | — |
| 营收同比 | 18.3% | 34.0% |
| 净利润同比 | 40.5% | — |
| 每股收益（稀释后） | $0.23 | $0.06 |
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DOCNECVT
| Q4 25 | $242.4M | $199.4M | ||
| Q3 25 | $229.6M | $204.9M | ||
| Q2 25 | $218.7M | $176.1M | ||
| Q1 25 | $210.7M | $143.1M | ||
| Q4 24 | $204.9M | $148.9M | ||
| Q3 24 | $198.5M | $153.9M | ||
| Q2 24 | $192.5M | $154.0M | ||
| Q1 24 | $184.7M | $141.6M |
净利润DOCNECVT
| Q4 25 | $25.7M | — | ||
| Q3 25 | $158.4M | $-79.3M | ||
| Q2 25 | $37.0M | $6.0M | ||
| Q1 25 | $38.2M | $-3.6M | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | $32.9M | $14.3M | ||
| Q2 24 | $19.1M | $8.3M | ||
| Q1 24 | $14.1M | $1.2M |
毛利率DOCNECVT
| Q4 25 | 58.7% | 23.4% | ||
| Q3 25 | 59.6% | 25.4% | ||
| Q2 25 | 59.9% | 22.8% | ||
| Q1 25 | 61.4% | 13.3% | ||
| Q4 24 | 57.1% | 28.9% | ||
| Q3 24 | 60.2% | 29.3% | ||
| Q2 24 | 61.0% | 27.3% | ||
| Q1 24 | 60.7% | 23.5% |
营业利润率DOCNECVT
| Q4 25 | 16.0% | 10.9% | ||
| Q3 25 | 19.6% | 13.8% | ||
| Q2 25 | 16.3% | 9.0% | ||
| Q1 25 | 17.9% | -0.7% | ||
| Q4 24 | 15.9% | 15.1% | ||
| Q3 24 | 12.4% | 17.9% | ||
| Q2 24 | 11.6% | 14.1% | ||
| Q1 24 | 6.2% | 9.5% |
净利率DOCNECVT
| Q4 25 | 10.6% | — | ||
| Q3 25 | 69.0% | -38.7% | ||
| Q2 25 | 16.9% | 3.4% | ||
| Q1 25 | 18.1% | -2.5% | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 16.6% | 9.3% | ||
| Q2 24 | 9.9% | 5.4% | ||
| Q1 24 | 7.7% | 0.9% |
每股收益（稀释后）DOCNECVT
| Q4 25 | $0.23 | $0.06 | ||
| Q3 25 | $1.51 | $-0.69 | ||
| Q2 25 | $0.39 | $0.05 | ||
| Q1 25 | $0.39 | $-0.03 | ||
| Q4 24 | $0.21 | $-0.26 | ||
| Q3 24 | $0.33 | $0.12 | ||
| Q2 24 | $0.20 | $0.07 | ||
| Q1 24 | $0.15 | $0.01 |
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 | $254.5M | $197.2M |
| 总债务越低越好 | $1.3B | $392.6M |
| 股东权益账面价值 | $-28.7M | $603.4M |
| 总资产 | $1.8B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资DOCNECVT
| Q4 25 | $254.5M | $197.2M | ||
| Q3 25 | $236.6M | $82.0M | ||
| Q2 25 | $387.7M | $69.6M | ||
| Q1 25 | $360.4M | $127.5M | ||
| Q4 24 | $428.4M | $131.4M | ||
| Q3 24 | $439.9M | $123.5M | ||
| Q2 24 | $443.1M | $83.3M | ||
| Q1 24 | $419.1M | $103.1M |
总债务DOCNECVT
| Q4 25 | $1.3B | $392.6M | ||
| Q3 25 | $1.3B | $854.8M | ||
| Q2 25 | — | $856.6M | ||
| Q1 25 | — | $859.0M | ||
| Q4 24 | $1.5B | $860.8M | ||
| Q3 24 | — | $862.7M | ||
| Q2 24 | — | $862.4M | ||
| Q1 24 | — | $866.2M |
股东权益DOCNECVT
| Q4 25 | $-28.7M | $603.4M | ||
| Q3 25 | $-69.6M | $607.9M | ||
| Q2 25 | $-175.2M | $692.4M | ||
| Q1 25 | $-210.7M | $698.7M | ||
| Q4 24 | $-203.0M | $700.5M | ||
| Q3 24 | $-211.7M | $729.4M | ||
| Q2 24 | $-253.8M | $717.3M | ||
| Q1 24 | $-286.1M | $711.4M |
总资产DOCNECVT
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.5B | $1.8B |
负债/权益比DOCNECVT
| Q4 25 | — | 0.65× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.23× | ||
| Q3 24 | — | 1.18× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 1.22× |
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 | $57.3M | $41.8M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $22.9M |
| 自由现金流率自由现金流/营收 | 12.8% | 11.5% |
| 资本支出强度资本支出/营收 | 10.8% | 9.4% |
| 现金转化率经营现金流/净利润 | 2.23× | — |
| 过去12个月自由现金流最近4个季度 | $180.5M | $69.9M |
8季度趋势，按日历期对齐
经营现金流DOCNECVT
| Q4 25 | $57.3M | $41.8M | ||
| Q3 25 | $95.8M | $55.3M | ||
| Q2 25 | $92.4M | $33.0M | ||
| Q1 25 | $64.1M | $10.3M | ||
| Q4 24 | $71.3M | $43.5M | ||
| Q3 24 | $73.4M | $59.9M | ||
| Q2 24 | $71.3M | $10.0M | ||
| Q1 24 | $66.7M | $36.5M |
自由现金流DOCNECVT
| Q4 25 | $31.1M | $22.9M | ||
| Q3 25 | $88.0M | $53.2M | ||
| Q2 25 | $59.3M | $7.8M | ||
| Q1 25 | $2.1M | $-14.0M | ||
| Q4 24 | $26.1M | $30.9M | ||
| Q3 24 | $16.0M | $53.6M | ||
| Q2 24 | $39.5M | $-9.3M | ||
| Q1 24 | $23.0M | $19.1M |
自由现金流率DOCNECVT
| Q4 25 | 12.8% | 11.5% | ||
| Q3 25 | 38.3% | 26.0% | ||
| Q2 25 | 27.1% | 4.4% | ||
| Q1 25 | 1.0% | -9.8% | ||
| Q4 24 | 12.7% | 20.7% | ||
| Q3 24 | 8.1% | 34.9% | ||
| Q2 24 | 20.5% | -6.1% | ||
| Q1 24 | 12.5% | 13.5% |
资本支出强度DOCNECVT
| Q4 25 | 10.8% | 9.4% | ||
| Q3 25 | 3.4% | 1.0% | ||
| Q2 25 | 15.2% | 14.4% | ||
| Q1 25 | 29.4% | 16.9% | ||
| Q4 24 | 22.1% | 8.5% | ||
| Q3 24 | 28.9% | 4.1% | ||
| Q2 24 | 16.6% | 12.5% | ||
| Q1 24 | 23.6% | 12.3% |
现金转化率DOCNECVT
| Q4 25 | 2.23× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 2.50× | 5.52× | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 3.91× | — | ||
| Q3 24 | 2.23× | 4.21× | ||
| Q2 24 | 3.73× | 1.20× | ||
| Q1 24 | 4.72× | 29.90× |
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
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
