vs
DigitalOcean Holdings, Inc.（DOCN）与Limbach Holdings, Inc.（LMB）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Limbach Holdings, Inc.的1.3倍（$242.4M vs $186.9M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 6.6%，领先4.0%），Limbach Holdings, Inc.同比增速更快（30.1% vs 18.3%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $27.9M），过去两年Limbach Holdings, Inc.的营收复合增速更高（25.3% 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。
林巴赫航空发动机是一家由中资控股、总部位于德国的企业，主营航空发动机的研发与制造业务，在航空动力装备领域拥有成熟的生产技术与行业经验。
DOCN vs LMB — 直观对比
营收规模更大
DOCN
是对方的1.3倍
$186.9M
营收增速更快
LMB
高出11.8%
18.3%
净利率更高
DOCN
高出4.0%
6.6%
自由现金流更多
DOCN
多$3.2M
$27.9M
两年增速更快
LMB
近两年复合增速
14.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $186.9M |
| 净利润 | $25.7M | $12.3M |
| 毛利率 | 58.7% | 25.7% |
| 营业利润率 | 16.0% | 9.4% |
| 净利率 | 10.6% | 6.6% |
| 营收同比 | 18.3% | 30.1% |
| 净利润同比 | 40.5% | 25.0% |
| 每股收益（稀释后） | $0.23 | $1.01 |
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DOCNLMB
| Q4 25 | $242.4M | $186.9M | ||
| Q3 25 | $229.6M | $184.6M | ||
| Q2 25 | $218.7M | $142.2M | ||
| Q1 25 | $210.7M | $133.1M | ||
| Q4 24 | $204.9M | $143.7M | ||
| Q3 24 | $198.5M | $133.9M | ||
| Q2 24 | $192.5M | $122.2M | ||
| Q1 24 | $184.7M | $119.0M |
净利润DOCNLMB
| Q4 25 | $25.7M | $12.3M | ||
| Q3 25 | $158.4M | $8.8M | ||
| Q2 25 | $37.0M | $7.8M | ||
| Q1 25 | $38.2M | $10.2M | ||
| Q4 24 | $18.3M | $9.8M | ||
| Q3 24 | $32.9M | $7.5M | ||
| Q2 24 | $19.1M | $6.0M | ||
| Q1 24 | $14.1M | $7.6M |
毛利率DOCNLMB
| Q4 25 | 58.7% | 25.7% | ||
| Q3 25 | 59.6% | 24.2% | ||
| Q2 25 | 59.9% | 28.0% | ||
| Q1 25 | 61.4% | 27.6% | ||
| Q4 24 | 57.1% | 30.3% | ||
| Q3 24 | 60.2% | 27.0% | ||
| Q2 24 | 61.0% | 27.4% | ||
| Q1 24 | 60.7% | 26.1% |
营业利润率DOCNLMB
| Q4 25 | 16.0% | 9.4% | ||
| Q3 25 | 19.6% | 7.2% | ||
| Q2 25 | 16.3% | 7.5% | ||
| Q1 25 | 17.9% | 5.9% | ||
| Q4 24 | 15.9% | 9.1% | ||
| Q3 24 | 12.4% | 8.1% | ||
| Q2 24 | 11.6% | 6.7% | ||
| Q1 24 | 6.2% | 5.5% |
净利率DOCNLMB
| Q4 25 | 10.6% | 6.6% | ||
| Q3 25 | 69.0% | 4.8% | ||
| Q2 25 | 16.9% | 5.5% | ||
| Q1 25 | 18.1% | 7.7% | ||
| Q4 24 | 8.9% | 6.9% | ||
| Q3 24 | 16.6% | 5.6% | ||
| Q2 24 | 9.9% | 4.9% | ||
| Q1 24 | 7.7% | 6.4% |
每股收益（稀释后）DOCNLMB
| Q4 25 | $0.23 | $1.01 | ||
| Q3 25 | $1.51 | $0.73 | ||
| Q2 25 | $0.39 | $0.64 | ||
| Q1 25 | $0.39 | $0.85 | ||
| Q4 24 | $0.21 | $0.81 | ||
| Q3 24 | $0.33 | $0.62 | ||
| Q2 24 | $0.20 | $0.50 | ||
| Q1 24 | $0.15 | $0.64 |
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 | $11.3M |
| 总债务越低越好 | $1.3B | $30.5M |
| 股东权益账面价值 | $-28.7M | $195.7M |
| 总资产 | $1.8B | $381.1M |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资DOCNLMB
| Q4 25 | $254.5M | $11.3M | ||
| Q3 25 | $236.6M | $9.8M | ||
| Q2 25 | $387.7M | $38.9M | ||
| Q1 25 | $360.4M | $38.1M | ||
| Q4 24 | $428.4M | $44.9M | ||
| Q3 24 | $439.9M | $51.2M | ||
| Q2 24 | $443.1M | $59.5M | ||
| Q1 24 | $419.1M | $48.2M |
总债务DOCNLMB
| Q4 25 | $1.3B | $30.5M | ||
| Q3 25 | $1.3B | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | $1.5B | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M | ||
| Q1 24 | — | $19.4M |
股东权益DOCNLMB
| Q4 25 | $-28.7M | $195.7M | ||
| Q3 25 | $-69.6M | $181.6M | ||
| Q2 25 | $-175.2M | $170.5M | ||
| Q1 25 | $-210.7M | $161.1M | ||
| Q4 24 | $-203.0M | $153.5M | ||
| Q3 24 | $-211.7M | $142.2M | ||
| Q2 24 | $-253.8M | $133.0M | ||
| Q1 24 | $-286.1M | $125.5M |
总资产DOCNLMB
| Q4 25 | $1.8B | $381.1M | ||
| Q3 25 | $1.7B | $409.1M | ||
| Q2 25 | $1.7B | $343.0M | ||
| Q1 25 | $1.6B | $336.4M | ||
| Q4 24 | $1.6B | $352.1M | ||
| Q3 24 | $1.5B | $324.4M | ||
| Q2 24 | $1.5B | $303.9M | ||
| Q1 24 | $1.5B | $289.2M |
负债/权益比DOCNLMB
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.15× |
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 | $28.1M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $27.9M |
| 自由现金流率自由现金流/营收 | 12.8% | 14.9% |
| 资本支出强度资本支出/营收 | 10.8% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.23× | 2.29× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $41.9M |
8季度趋势，按日历期对齐
经营现金流DOCNLMB
| Q4 25 | $57.3M | $28.1M | ||
| Q3 25 | $95.8M | $13.3M | ||
| Q2 25 | $92.4M | $2.0M | ||
| Q1 25 | $64.1M | $2.2M | ||
| Q4 24 | $71.3M | $19.3M | ||
| Q3 24 | $73.4M | $4.9M | ||
| Q2 24 | $71.3M | $16.5M | ||
| Q1 24 | $66.7M | $-3.9M |
自由现金流DOCNLMB
| Q4 25 | $31.1M | $27.9M | ||
| Q3 25 | $88.0M | $12.8M | ||
| Q2 25 | $59.3M | $1.2M | ||
| Q1 25 | $2.1M | $11.0K | ||
| Q4 24 | $26.1M | $18.0M | ||
| Q3 24 | $16.0M | $4.6M | ||
| Q2 24 | $39.5M | $13.2M | ||
| Q1 24 | $23.0M | $-6.5M |
自由现金流率DOCNLMB
| Q4 25 | 12.8% | 14.9% | ||
| Q3 25 | 38.3% | 7.0% | ||
| Q2 25 | 27.1% | 0.8% | ||
| Q1 25 | 1.0% | 0.0% | ||
| Q4 24 | 12.7% | 12.5% | ||
| Q3 24 | 8.1% | 3.4% | ||
| Q2 24 | 20.5% | 10.8% | ||
| Q1 24 | 12.5% | -5.5% |
资本支出强度DOCNLMB
| Q4 25 | 10.8% | 0.1% | ||
| Q3 25 | 3.4% | 0.3% | ||
| Q2 25 | 15.2% | 0.6% | ||
| Q1 25 | 29.4% | 1.7% | ||
| Q4 24 | 22.1% | 0.9% | ||
| Q3 24 | 28.9% | 0.3% | ||
| Q2 24 | 16.6% | 2.7% | ||
| Q1 24 | 23.6% | 2.1% |
现金转化率DOCNLMB
| Q4 25 | 2.23× | 2.29× | ||
| Q3 25 | 0.60× | 1.52× | ||
| Q2 25 | 2.50× | 0.26× | ||
| Q1 25 | 1.68× | 0.22× | ||
| Q4 24 | 3.91× | 1.96× | ||
| Q3 24 | 2.23× | 0.66× | ||
| Q2 24 | 3.73× | 2.77× | ||
| Q1 24 | 4.72× | -0.52× |
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% |
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
