vs
DigitalOcean Holdings, Inc.（DOCN）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Forestar Group Inc.的季度营收约是DigitalOcean Holdings, Inc.的1.1倍（$273.0M vs $242.4M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 5.6%，领先4.9%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 9.0%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $-157.1M），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs -9.6%）
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。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
DOCN vs FOR — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $273.0M |
| 净利润 | $25.7M | $15.4M |
| 毛利率 | 58.7% | 20.1% |
| 营业利润率 | 16.0% | 7.6% |
| 净利率 | 10.6% | 5.6% |
| 营收同比 | 18.3% | 9.0% |
| 净利润同比 | 40.5% | -6.7% |
| 每股收益（稀释后） | $0.23 | $0.30 |
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
| Q4 25 | $242.4M | $273.0M | ||
| Q3 25 | $229.6M | $670.5M | ||
| Q2 25 | $218.7M | $390.5M | ||
| Q1 25 | $210.7M | $351.0M | ||
| Q4 24 | $204.9M | $250.4M | ||
| Q3 24 | $198.5M | $551.3M | ||
| Q2 24 | $192.5M | $318.4M | ||
| Q1 24 | $184.7M | $333.8M |
| Q4 25 | $25.7M | $15.4M | ||
| Q3 25 | $158.4M | $86.9M | ||
| Q2 25 | $37.0M | $32.9M | ||
| Q1 25 | $38.2M | $31.6M | ||
| Q4 24 | $18.3M | $16.5M | ||
| Q3 24 | $32.9M | $81.5M | ||
| Q2 24 | $19.1M | $38.7M | ||
| Q1 24 | $14.1M | $45.0M |
| Q4 25 | 58.7% | 20.1% | ||
| Q3 25 | 59.6% | 22.3% | ||
| Q2 25 | 59.9% | 20.4% | ||
| Q1 25 | 61.4% | 22.6% | ||
| Q4 24 | 57.1% | 22.0% | ||
| Q3 24 | 60.2% | 23.9% | ||
| Q2 24 | 61.0% | 22.5% | ||
| Q1 24 | 60.7% | 24.9% |
| Q4 25 | 16.0% | 7.6% | ||
| Q3 25 | 19.6% | 16.9% | ||
| Q2 25 | 16.3% | 11.2% | ||
| Q1 25 | 17.9% | 11.6% | ||
| Q4 24 | 15.9% | 8.7% | ||
| Q3 24 | 12.4% | 19.7% | ||
| Q2 24 | 11.6% | 16.2% | ||
| Q1 24 | 6.2% | 17.6% |
| Q4 25 | 10.6% | 5.6% | ||
| Q3 25 | 69.0% | 13.0% | ||
| Q2 25 | 16.9% | 8.4% | ||
| Q1 25 | 18.1% | 9.0% | ||
| Q4 24 | 8.9% | 6.6% | ||
| Q3 24 | 16.6% | 14.8% | ||
| Q2 24 | 9.9% | 12.2% | ||
| Q1 24 | 7.7% | 13.5% |
| Q4 25 | $0.23 | $0.30 | ||
| Q3 25 | $1.51 | $1.70 | ||
| Q2 25 | $0.39 | $0.65 | ||
| Q1 25 | $0.39 | $0.62 | ||
| Q4 24 | $0.21 | $0.32 | ||
| Q3 24 | $0.33 | $1.59 | ||
| Q2 24 | $0.20 | $0.76 | ||
| Q1 24 | $0.15 | $0.89 |
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 | $211.7M |
| 总债务越低越好 | $1.3B | $793.2M |
| 股东权益账面价值 | $-28.7M | $1.8B |
| 总资产 | $1.8B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
| Q4 25 | $254.5M | $211.7M | ||
| Q3 25 | $236.6M | $379.2M | ||
| Q2 25 | $387.7M | $189.2M | ||
| Q1 25 | $360.4M | $174.3M | ||
| Q4 24 | $428.4M | $132.0M | ||
| Q3 24 | $439.9M | $481.2M | ||
| Q2 24 | $443.1M | $359.2M | ||
| Q1 24 | $419.1M | $416.2M |
| Q4 25 | $1.3B | $793.2M | ||
| Q3 25 | $1.3B | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | $1.5B | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
| Q4 25 | $-28.7M | $1.8B | ||
| Q3 25 | $-69.6M | $1.8B | ||
| Q2 25 | $-175.2M | $1.7B | ||
| Q1 25 | $-210.7M | $1.6B | ||
| Q4 24 | $-203.0M | $1.6B | ||
| Q3 24 | $-211.7M | $1.6B | ||
| Q2 24 | $-253.8M | $1.5B | ||
| Q1 24 | $-286.1M | $1.5B |
| Q4 25 | $1.8B | $3.2B | ||
| Q3 25 | $1.7B | $3.1B | ||
| Q2 25 | $1.7B | $3.1B | ||
| Q1 25 | $1.6B | $3.0B | ||
| Q4 24 | $1.6B | $3.0B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.5B | $2.7B | ||
| Q1 24 | $1.5B | $2.6B |
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $-157.1M |
| 自由现金流率自由现金流/营收 | 12.8% | -57.5% |
| 资本支出强度资本支出/营收 | 10.8% | 0.0% |
| 现金转化率经营现金流/净利润 | 2.23× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $93.0M |
8季度趋势，按日历期对齐
| Q4 25 | $57.3M | $-157.0M | ||
| Q3 25 | $95.8M | $256.3M | ||
| Q2 25 | $92.4M | $15.8M | ||
| Q1 25 | $64.1M | $-19.8M | ||
| Q4 24 | $71.3M | $-450.0M | ||
| Q3 24 | $73.4M | $119.2M | ||
| Q2 24 | $71.3M | $-61.7M | ||
| Q1 24 | $66.7M | $-59.2M |
| Q4 25 | $31.1M | $-157.1M | ||
| Q3 25 | $88.0M | $255.6M | ||
| Q2 25 | $59.3M | $15.0M | ||
| Q1 25 | $2.1M | $-20.5M | ||
| Q4 24 | $26.1M | — | ||
| Q3 24 | $16.0M | $118.4M | ||
| Q2 24 | $39.5M | $-62.3M | ||
| Q1 24 | $23.0M | $-59.8M |
| Q4 25 | 12.8% | -57.5% | ||
| Q3 25 | 38.3% | 38.1% | ||
| Q2 25 | 27.1% | 3.8% | ||
| Q1 25 | 1.0% | -5.8% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 8.1% | 21.5% | ||
| Q2 24 | 20.5% | -19.6% | ||
| Q1 24 | 12.5% | -17.9% |
| Q4 25 | 10.8% | 0.0% | ||
| Q3 25 | 3.4% | 0.1% | ||
| Q2 25 | 15.2% | 0.2% | ||
| Q1 25 | 29.4% | 0.2% | ||
| Q4 24 | 22.1% | 0.0% | ||
| Q3 24 | 28.9% | 0.1% | ||
| Q2 24 | 16.6% | 0.2% | ||
| Q1 24 | 23.6% | 0.2% |
| Q4 25 | 2.23× | -10.19× | ||
| Q3 25 | 0.60× | 2.95× | ||
| Q2 25 | 2.50× | 0.48× | ||
| Q1 25 | 1.68× | -0.63× | ||
| Q4 24 | 3.91× | -27.27× | ||
| Q3 24 | 2.23× | 1.46× | ||
| Q2 24 | 3.73× | -1.59× | ||
| Q1 24 | 4.72× | -1.32× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
