vs
DigitalOcean Holdings, Inc.（DOCN）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是DigitalOcean Holdings, Inc.的1.1倍（$271.6M vs $242.4M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 10.2%，领先0.4%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs -0.0%），KADANT INC自由现金流更多（$44.1M vs $31.1M），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 6.7%）
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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
DOCN vs KAI — 直观对比
营收规模更大
KAI
是对方的1.1倍
$242.4M
营收增速更快
DOCN
高出18.3%
-0.0%
净利率更高
DOCN
高出0.4%
10.2%
自由现金流更多
KAI
多$12.9M
$31.1M
两年增速更快
DOCN
近两年复合增速
6.7%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $271.6M |
| 净利润 | $25.7M | $27.7M |
| 毛利率 | 58.7% | 45.2% |
| 营业利润率 | 16.0% | 15.7% |
| 净利率 | 10.6% | 10.2% |
| 营收同比 | 18.3% | -0.0% |
| 净利润同比 | 40.5% | -12.2% |
| 每股收益（稀释后） | $0.23 | $2.35 |
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DOCNKAI
| Q4 25 | $242.4M | — | ||
| Q3 25 | $229.6M | $271.6M | ||
| Q2 25 | $218.7M | $255.3M | ||
| Q1 25 | $210.7M | $239.2M | ||
| Q4 24 | $204.9M | $258.0M | ||
| Q3 24 | $198.5M | $271.6M | ||
| Q2 24 | $192.5M | $274.8M | ||
| Q1 24 | $184.7M | $249.0M |
净利润DOCNKAI
| Q4 25 | $25.7M | — | ||
| Q3 25 | $158.4M | $27.7M | ||
| Q2 25 | $37.0M | $26.2M | ||
| Q1 25 | $38.2M | $24.1M | ||
| Q4 24 | $18.3M | $24.0M | ||
| Q3 24 | $32.9M | $31.6M | ||
| Q2 24 | $19.1M | $31.3M | ||
| Q1 24 | $14.1M | $24.7M |
毛利率DOCNKAI
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | 45.2% | ||
| Q2 25 | 59.9% | 45.9% | ||
| Q1 25 | 61.4% | 46.1% | ||
| Q4 24 | 57.1% | 43.4% | ||
| Q3 24 | 60.2% | 44.7% | ||
| Q2 24 | 61.0% | 44.4% | ||
| Q1 24 | 60.7% | 44.6% |
营业利润率DOCNKAI
| Q4 25 | 16.0% | — | ||
| Q3 25 | 19.6% | 15.7% | ||
| Q2 25 | 16.3% | 15.4% | ||
| Q1 25 | 17.9% | 14.9% | ||
| Q4 24 | 15.9% | 14.3% | ||
| Q3 24 | 12.4% | 18.0% | ||
| Q2 24 | 11.6% | 17.6% | ||
| Q1 24 | 6.2% | 14.8% |
净利率DOCNKAI
| Q4 25 | 10.6% | — | ||
| Q3 25 | 69.0% | 10.2% | ||
| Q2 25 | 16.9% | 10.2% | ||
| Q1 25 | 18.1% | 10.1% | ||
| Q4 24 | 8.9% | 9.3% | ||
| Q3 24 | 16.6% | 11.6% | ||
| Q2 24 | 9.9% | 11.4% | ||
| Q1 24 | 7.7% | 9.9% |
每股收益（稀释后）DOCNKAI
| Q4 25 | $0.23 | — | ||
| Q3 25 | $1.51 | $2.35 | ||
| Q2 25 | $0.39 | $2.22 | ||
| Q1 25 | $0.39 | $2.04 | ||
| Q4 24 | $0.21 | $2.04 | ||
| Q3 24 | $0.33 | $2.68 | ||
| Q2 24 | $0.20 | $2.66 | ||
| Q1 24 | $0.15 | $2.10 |
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 | $124.5M |
| 总债务越低越好 | $1.3B | $254.6M |
| 股东权益账面价值 | $-28.7M | $949.8M |
| 总资产 | $1.8B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资DOCNKAI
| Q4 25 | $254.5M | — | ||
| Q3 25 | $236.6M | $124.5M | ||
| Q2 25 | $387.7M | $95.3M | ||
| Q1 25 | $360.4M | $91.7M | ||
| Q4 24 | $428.4M | $94.7M | ||
| Q3 24 | $439.9M | $88.4M | ||
| Q2 24 | $443.1M | $73.8M | ||
| Q1 24 | $419.1M | $81.4M |
总债务DOCNKAI
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $254.6M | ||
| Q2 25 | — | $245.7M | ||
| Q1 25 | — | $273.5M | ||
| Q4 24 | $1.5B | $285.2M | ||
| Q3 24 | — | $323.2M | ||
| Q2 24 | — | $342.0M | ||
| Q1 24 | — | $306.8M |
股东权益DOCNKAI
| Q4 25 | $-28.7M | — | ||
| Q3 25 | $-69.6M | $949.8M | ||
| Q2 25 | $-175.2M | $926.0M | ||
| Q1 25 | $-210.7M | $876.0M | ||
| Q4 24 | $-203.0M | $847.1M | ||
| Q3 24 | $-211.7M | $851.7M | ||
| Q2 24 | $-253.8M | $807.7M | ||
| Q1 24 | $-286.1M | $782.7M |
总资产DOCNKAI
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.5B | $1.5B | ||
| Q1 24 | $1.5B | $1.4B |
负债/权益比DOCNKAI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× | ||
| Q1 24 | — | 0.39× |
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 | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $44.1M |
| 自由现金流率自由现金流/营收 | 12.8% | 16.2% |
| 资本支出强度资本支出/营收 | 10.8% | 1.2% |
| 现金转化率经营现金流/净利润 | 2.23× | 1.70× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $145.9M |
8季度趋势，按日历期对齐
经营现金流DOCNKAI
| Q4 25 | $57.3M | — | ||
| Q3 25 | $95.8M | $47.3M | ||
| Q2 25 | $92.4M | $40.5M | ||
| Q1 25 | $64.1M | $22.8M | ||
| Q4 24 | $71.3M | $51.9M | ||
| Q3 24 | $73.4M | $52.5M | ||
| Q2 24 | $71.3M | $28.1M | ||
| Q1 24 | $66.7M | $22.8M |
自由现金流DOCNKAI
| Q4 25 | $31.1M | — | ||
| Q3 25 | $88.0M | $44.1M | ||
| Q2 25 | $59.3M | $36.5M | ||
| Q1 25 | $2.1M | $19.0M | ||
| Q4 24 | $26.1M | $46.3M | ||
| Q3 24 | $16.0M | $48.3M | ||
| Q2 24 | $39.5M | $23.1M | ||
| Q1 24 | $23.0M | $16.6M |
自由现金流率DOCNKAI
| Q4 25 | 12.8% | — | ||
| Q3 25 | 38.3% | 16.2% | ||
| Q2 25 | 27.1% | 14.3% | ||
| Q1 25 | 1.0% | 7.9% | ||
| Q4 24 | 12.7% | 17.9% | ||
| Q3 24 | 8.1% | 17.8% | ||
| Q2 24 | 20.5% | 8.4% | ||
| Q1 24 | 12.5% | 6.7% |
资本支出强度DOCNKAI
| Q4 25 | 10.8% | — | ||
| Q3 25 | 3.4% | 1.2% | ||
| Q2 25 | 15.2% | 1.6% | ||
| Q1 25 | 29.4% | 1.6% | ||
| Q4 24 | 22.1% | 2.2% | ||
| Q3 24 | 28.9% | 1.5% | ||
| Q2 24 | 16.6% | 1.8% | ||
| Q1 24 | 23.6% | 2.5% |
现金转化率DOCNKAI
| Q4 25 | 2.23× | — | ||
| Q3 25 | 0.60× | 1.70× | ||
| Q2 25 | 2.50× | 1.55× | ||
| Q1 25 | 1.68× | 0.95× | ||
| Q4 24 | 3.91× | 2.16× | ||
| Q3 24 | 2.23× | 1.66× | ||
| Q2 24 | 3.73× | 0.90× | ||
| Q1 24 | 4.72× | 0.92× |
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% |
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
