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DigitalOcean Holdings, Inc.（DOCN）与Empire State Realty Trust, Inc.（ESRT）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Empire State Realty Trust, Inc.的1.3倍（$242.4M vs $190.3M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 1.6%，领先9.0%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 5.7%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 0.2%）
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。
帝国州房地产信托是一家美国房地产投资信托企业，持有并运营纽约大都会区的优质办公、零售及住宅物业，旗下资产包括地标性建筑帝国大厦，主打可持续运营模式，服务各类租户及住户，专注实现长期资产增值。
DOCN vs ESRT — 直观对比
营收规模更大
DOCN
是对方的1.3倍
$190.3M
营收增速更快
DOCN
高出12.6%
5.7%
净利率更高
DOCN
高出9.0%
1.6%
两年增速更快
DOCN
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $190.3M |
| 净利润 | $25.7M | $3.0M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | 15.5% |
| 净利率 | 10.6% | 1.6% |
| 营收同比 | 18.3% | 5.7% |
| 净利润同比 | 40.5% | -73.7% |
| 每股收益（稀释后） | $0.23 | $0.20 |
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DOCNESRT
| Q1 26 | — | $190.3M | ||
| Q4 25 | $242.4M | $199.2M | ||
| Q3 25 | $229.6M | $197.7M | ||
| Q2 25 | $218.7M | $191.3M | ||
| Q1 25 | $210.7M | $180.1M | ||
| Q4 24 | $204.9M | $197.6M | ||
| Q3 24 | $198.5M | $199.6M | ||
| Q2 24 | $192.5M | $189.5M |
净利润DOCNESRT
| Q1 26 | — | $3.0M | ||
| Q4 25 | $25.7M | $32.2M | ||
| Q3 25 | $158.4M | $13.6M | ||
| Q2 25 | $37.0M | $11.4M | ||
| Q1 25 | $38.2M | $15.8M | ||
| Q4 24 | $18.3M | $18.8M | ||
| Q3 24 | $32.9M | $22.8M | ||
| Q2 24 | $19.1M | $28.6M |
毛利率DOCNESRT
| Q1 26 | — | — | ||
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 60.2% | — | ||
| Q2 24 | 61.0% | — |
营业利润率DOCNESRT
| Q1 26 | — | 15.5% | ||
| Q4 25 | 16.0% | 17.8% | ||
| Q3 25 | 19.6% | 19.9% | ||
| Q2 25 | 16.3% | 18.4% | ||
| Q1 25 | 17.9% | 14.3% | ||
| Q4 24 | 15.9% | 21.7% | ||
| Q3 24 | 12.4% | 22.7% | ||
| Q2 24 | 11.6% | 20.8% |
净利率DOCNESRT
| Q1 26 | — | 1.6% | ||
| Q4 25 | 10.6% | 16.1% | ||
| Q3 25 | 69.0% | 6.9% | ||
| Q2 25 | 16.9% | 6.0% | ||
| Q1 25 | 18.1% | 8.8% | ||
| Q4 24 | 8.9% | 9.5% | ||
| Q3 24 | 16.6% | 11.4% | ||
| Q2 24 | 9.9% | 15.1% |
每股收益（稀释后）DOCNESRT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.23 | $0.11 | ||
| Q3 25 | $1.51 | $0.05 | ||
| Q2 25 | $0.39 | $0.04 | ||
| Q1 25 | $0.39 | $0.05 | ||
| Q4 24 | $0.21 | $0.07 | ||
| Q3 24 | $0.33 | $0.08 | ||
| Q2 24 | $0.20 | $0.10 |
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 | $68.8M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | $1.8B |
| 总资产 | $1.8B | $4.4B |
| 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DOCNESRT
| Q1 26 | — | $68.8M | ||
| Q4 25 | $254.5M | $132.7M | ||
| Q3 25 | $236.6M | $154.1M | ||
| Q2 25 | $387.7M | $94.6M | ||
| Q1 25 | $360.4M | $187.8M | ||
| Q4 24 | $428.4M | $385.5M | ||
| Q3 24 | $439.9M | $421.9M | ||
| Q2 24 | $443.1M | $535.5M |
总债务DOCNESRT
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DOCNESRT
| Q1 26 | — | $1.8B | ||
| Q4 25 | $-28.7M | $1.1B | ||
| Q3 25 | $-69.6M | $1.0B | ||
| Q2 25 | $-175.2M | $1.0B | ||
| Q1 25 | $-210.7M | $1.0B | ||
| Q4 24 | $-203.0M | $1.0B | ||
| Q3 24 | $-211.7M | $1.0B | ||
| Q2 24 | $-253.8M | $1.0B |
总资产DOCNESRT
| Q1 26 | — | $4.4B | ||
| Q4 25 | $1.8B | $4.5B | ||
| Q3 25 | $1.7B | $4.1B | ||
| Q2 25 | $1.7B | $4.1B | ||
| Q1 25 | $1.6B | $4.1B | ||
| Q4 24 | $1.6B | $4.5B | ||
| Q3 24 | $1.5B | $4.4B | ||
| Q2 24 | $1.5B | $4.4B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $31.1M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 10.8% | 10.0% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流DOCNESRT
| Q1 26 | — | — | ||
| Q4 25 | $57.3M | $249.1M | ||
| Q3 25 | $95.8M | $105.3M | ||
| Q2 25 | $92.4M | $26.7M | ||
| Q1 25 | $64.1M | $83.1M | ||
| Q4 24 | $71.3M | $260.9M | ||
| Q3 24 | $73.4M | $102.8M | ||
| Q2 24 | $71.3M | $37.1M |
自由现金流DOCNESRT
| Q1 26 | — | — | ||
| Q4 25 | $31.1M | $50.6M | ||
| Q3 25 | $88.0M | $72.8M | ||
| Q2 25 | $59.3M | $-55.1M | ||
| Q1 25 | $2.1M | $41.1M | ||
| Q4 24 | $26.1M | $88.0M | ||
| Q3 24 | $16.0M | $-65.1M | ||
| Q2 24 | $39.5M | $19.5M |
自由现金流率DOCNESRT
| Q1 26 | — | — | ||
| Q4 25 | 12.8% | 25.4% | ||
| Q3 25 | 38.3% | 36.8% | ||
| Q2 25 | 27.1% | -28.8% | ||
| Q1 25 | 1.0% | 22.8% | ||
| Q4 24 | 12.7% | 44.5% | ||
| Q3 24 | 8.1% | -32.6% | ||
| Q2 24 | 20.5% | 10.3% |
资本支出强度DOCNESRT
| Q1 26 | — | 10.0% | ||
| Q4 25 | 10.8% | 99.6% | ||
| Q3 25 | 3.4% | 16.5% | ||
| Q2 25 | 15.2% | 42.8% | ||
| Q1 25 | 29.4% | 23.4% | ||
| Q4 24 | 22.1% | 87.5% | ||
| Q3 24 | 28.9% | 84.1% | ||
| Q2 24 | 16.6% | 9.3% |
现金转化率DOCNESRT
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | 7.74× | ||
| Q3 25 | 0.60× | 7.72× | ||
| Q2 25 | 2.50× | 2.35× | ||
| Q1 25 | 1.68× | 5.27× | ||
| Q4 24 | 3.91× | 13.88× | ||
| Q3 24 | 2.23× | 4.51× | ||
| Q2 24 | 3.73× | 1.30× |
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% |
ESRT
| Rental revenue (1) | $166.1M | 87% |
| Observatory revenue | $18.5M | 10% |
| Other revenue and fees | $4.1M | 2% |
| Lease termination fees | $1.4M | 1% |
| Third-party management and other fees | $277.0K | 0% |
