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DigitalOcean Holdings, Inc.（DOCN）与铱星通信（IRDM）财务数据对比。点击上方公司名可切换其他公司
DigitalOcean Holdings, Inc.的季度营收约是铱星通信的1.1倍（$242.4M vs $219.1M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 9.9%，领先0.7%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 1.9%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 4.4%）
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。
铱星通信是一家总部位于美国弗吉尼亚州麦克莱恩的上市企业，运营着由80颗卫星组成的铱星星座，其中66颗为工作星，14颗为在轨备用星。其卫星网络支持手持卫星电话、卫星通信终端及集成收发设备实现全球范围的语音和数据传输，还可提供双向卫星消息服务，满足全球各场景的通信需求。
DOCN vs IRDM — 直观对比
营收规模更大
DOCN
是对方的1.1倍
$219.1M
营收增速更快
DOCN
高出16.3%
1.9%
净利率更高
DOCN
高出0.7%
9.9%
两年增速更快
DOCN
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $219.1M |
| 净利润 | $25.7M | $21.6M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | 23.2% |
| 净利率 | 10.6% | 9.9% |
| 营收同比 | 18.3% | 1.9% |
| 净利润同比 | 40.5% | — |
| 每股收益（稀释后） | $0.23 | — |
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DOCNIRDM
| Q1 26 | — | $219.1M | ||
| Q4 25 | $242.4M | $212.9M | ||
| Q3 25 | $229.6M | $226.9M | ||
| Q2 25 | $218.7M | $216.9M | ||
| Q1 25 | $210.7M | $214.9M | ||
| Q4 24 | $204.9M | $213.0M | ||
| Q3 24 | $198.5M | $212.8M | ||
| Q2 24 | $192.5M | $201.1M |
净利润DOCNIRDM
| Q1 26 | — | $21.6M | ||
| Q4 25 | $25.7M | $24.9M | ||
| Q3 25 | $158.4M | $37.1M | ||
| Q2 25 | $37.0M | $22.0M | ||
| Q1 25 | $38.2M | $30.4M | ||
| Q4 24 | $18.3M | $36.3M | ||
| Q3 24 | $32.9M | $24.4M | ||
| Q2 24 | $19.1M | $32.3M |
毛利率DOCNIRDM
| 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DOCNIRDM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 16.0% | 25.9% | ||
| Q3 25 | 19.6% | 30.9% | ||
| Q2 25 | 16.3% | 23.2% | ||
| Q1 25 | 17.9% | 28.1% | ||
| Q4 24 | 15.9% | 24.5% | ||
| Q3 24 | 12.4% | 25.8% | ||
| Q2 24 | 11.6% | 21.7% |
净利率DOCNIRDM
| Q1 26 | — | 9.9% | ||
| Q4 25 | 10.6% | 11.7% | ||
| Q3 25 | 69.0% | 16.4% | ||
| Q2 25 | 16.9% | 10.1% | ||
| Q1 25 | 18.1% | 14.2% | ||
| Q4 24 | 8.9% | 17.1% | ||
| Q3 24 | 16.6% | 11.5% | ||
| Q2 24 | 9.9% | 16.1% |
每股收益（稀释后）DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $0.23 | $0.24 | ||
| Q3 25 | $1.51 | $0.35 | ||
| Q2 25 | $0.39 | $0.20 | ||
| Q1 25 | $0.39 | $0.27 | ||
| Q4 24 | $0.21 | $0.30 | ||
| Q3 24 | $0.33 | $0.21 | ||
| Q2 24 | $0.20 | $0.27 |
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 | — |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | — |
| 总资产 | $1.8B | — |
| 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DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $254.5M | $96.5M | ||
| Q3 25 | $236.6M | $88.5M | ||
| Q2 25 | $387.7M | $79.3M | ||
| Q1 25 | $360.4M | $50.9M | ||
| Q4 24 | $428.4M | $93.5M | ||
| Q3 24 | $439.9M | $159.6M | ||
| Q2 24 | $443.1M | $63.5M |
总债务DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $-28.7M | $462.6M | ||
| Q3 25 | $-69.6M | $450.5M | ||
| Q2 25 | $-175.2M | $473.6M | ||
| Q1 25 | $-210.7M | $518.4M | ||
| Q4 24 | $-203.0M | $576.6M | ||
| Q3 24 | $-211.7M | $663.8M | ||
| Q2 24 | $-253.8M | $786.7M |
总资产DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $2.5B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.6B | $2.6B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.5B | $2.7B |
负债/权益比DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | — | 3.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.05× | ||
| Q3 24 | — | — | ||
| Q2 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 | $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% | 13.7% |
| 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DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $57.3M | $108.6M | ||
| Q3 25 | $95.8M | $100.8M | ||
| Q2 25 | $92.4M | $129.6M | ||
| Q1 25 | $64.1M | $61.1M | ||
| Q4 24 | $71.3M | $104.8M | ||
| Q3 24 | $73.4M | $118.6M | ||
| Q2 24 | $71.3M | $81.1M |
自由现金流DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | $31.1M | $75.1M | ||
| Q3 25 | $88.0M | $79.2M | ||
| Q2 25 | $59.3M | $108.9M | ||
| Q1 25 | $2.1M | $36.5M | ||
| Q4 24 | $26.1M | $80.5M | ||
| Q3 24 | $16.0M | $100.0M | ||
| Q2 24 | $39.5M | $68.7M |
自由现金流率DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | 12.8% | 35.3% | ||
| Q3 25 | 38.3% | 34.9% | ||
| Q2 25 | 27.1% | 50.2% | ||
| Q1 25 | 1.0% | 17.0% | ||
| Q4 24 | 12.7% | 37.8% | ||
| Q3 24 | 8.1% | 47.0% | ||
| Q2 24 | 20.5% | 34.2% |
资本支出强度DOCNIRDM
| Q1 26 | — | 13.7% | ||
| Q4 25 | 10.8% | 15.7% | ||
| Q3 25 | 3.4% | 9.5% | ||
| Q2 25 | 15.2% | 9.5% | ||
| Q1 25 | 29.4% | 11.4% | ||
| Q4 24 | 22.1% | 11.4% | ||
| Q3 24 | 28.9% | 8.7% | ||
| Q2 24 | 16.6% | 6.2% |
现金转化率DOCNIRDM
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | 4.37× | ||
| Q3 25 | 0.60× | 2.71× | ||
| Q2 25 | 2.50× | 5.90× | ||
| Q1 25 | 1.68× | 2.01× | ||
| Q4 24 | 3.91× | 2.88× | ||
| Q3 24 | 2.23× | 4.85× | ||
| Q2 24 | 3.73× | 2.51× |
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% |
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
