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DigitalOcean Holdings, Inc.（DOCN）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是DigitalOcean Holdings, Inc.的1.9倍（$463.1M vs $242.4M），Mativ Holdings, Inc.净利率更高（21.8% vs 10.6%，领先11.2%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 1.0%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $8.0M），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs -3.8%）
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。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
DOCN vs MATV — 直观对比
营收规模更大
MATV
是对方的1.9倍
$242.4M
营收增速更快
DOCN
高出17.3%
1.0%
净利率更高
MATV
高出11.2%
10.6%
自由现金流更多
DOCN
多$23.1M
$8.0M
两年增速更快
DOCN
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $463.1M |
| 净利润 | $25.7M | $100.8M |
| 毛利率 | 58.7% | 18.8% |
| 营业利润率 | 16.0% | 2.2% |
| 净利率 | 10.6% | 21.8% |
| 营收同比 | 18.3% | 1.0% |
| 净利润同比 | 40.5% | 6620.0% |
| 每股收益（稀释后） | $0.23 | $1.87 |
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DOCNMATV
| Q4 25 | $242.4M | $463.1M | ||
| Q3 25 | $229.6M | $513.7M | ||
| Q2 25 | $218.7M | $525.4M | ||
| Q1 25 | $210.7M | $484.8M | ||
| Q4 24 | $204.9M | $458.6M | ||
| Q3 24 | $198.5M | $498.5M | ||
| Q2 24 | $192.5M | $523.8M | ||
| Q1 24 | $184.7M | $500.2M |
净利润DOCNMATV
| Q4 25 | $25.7M | $100.8M | ||
| Q3 25 | $158.4M | $-3.2M | ||
| Q2 25 | $37.0M | $-9.5M | ||
| Q1 25 | $38.2M | $-425.5M | ||
| Q4 24 | $18.3M | $1.5M | ||
| Q3 24 | $32.9M | $-20.8M | ||
| Q2 24 | $19.1M | $-1.4M | ||
| Q1 24 | $14.1M | $-28.0M |
毛利率DOCNMATV
| Q4 25 | 58.7% | 18.8% | ||
| Q3 25 | 59.6% | 19.3% | ||
| Q2 25 | 59.9% | 19.7% | ||
| Q1 25 | 61.4% | 15.0% | ||
| Q4 24 | 57.1% | 16.9% | ||
| Q3 24 | 60.2% | 18.8% | ||
| Q2 24 | 61.0% | 20.8% | ||
| Q1 24 | 60.7% | 16.8% |
营业利润率DOCNMATV
| Q4 25 | 16.0% | 2.2% | ||
| Q3 25 | 19.6% | 3.1% | ||
| Q2 25 | 16.3% | 3.8% | ||
| Q1 25 | 17.9% | -88.8% | ||
| Q4 24 | 15.9% | 0.6% | ||
| Q3 24 | 12.4% | 1.4% | ||
| Q2 24 | 11.6% | 2.0% | ||
| Q1 24 | 6.2% | -2.8% |
净利率DOCNMATV
| Q4 25 | 10.6% | 21.8% | ||
| Q3 25 | 69.0% | -0.6% | ||
| Q2 25 | 16.9% | -1.8% | ||
| Q1 25 | 18.1% | -87.8% | ||
| Q4 24 | 8.9% | 0.3% | ||
| Q3 24 | 16.6% | -4.2% | ||
| Q2 24 | 9.9% | -0.3% | ||
| Q1 24 | 7.7% | -5.6% |
每股收益（稀释后）DOCNMATV
| Q4 25 | $0.23 | $1.87 | ||
| Q3 25 | $1.51 | $-0.06 | ||
| Q2 25 | $0.39 | $-0.18 | ||
| Q1 25 | $0.39 | $-7.82 | ||
| Q4 24 | $0.21 | $0.03 | ||
| Q3 24 | $0.33 | $-0.38 | ||
| Q2 24 | $0.20 | $-0.03 | ||
| Q1 24 | $0.15 | $-0.52 |
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 | $84.2M |
| 总债务越低越好 | $1.3B | $1.0B |
| 股东权益账面价值 | $-28.7M | $498.7M |
| 总资产 | $1.8B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资DOCNMATV
| Q4 25 | $254.5M | $84.2M | ||
| Q3 25 | $236.6M | $97.1M | ||
| Q2 25 | $387.7M | $95.6M | ||
| Q1 25 | $360.4M | $84.0M | ||
| Q4 24 | $428.4M | $94.3M | ||
| Q3 24 | $439.9M | $162.2M | ||
| Q2 24 | $443.1M | $133.4M | ||
| Q1 24 | $419.1M | $128.9M |
总债务DOCNMATV
| Q4 25 | $1.3B | $1.0B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益DOCNMATV
| Q4 25 | $-28.7M | $498.7M | ||
| Q3 25 | $-69.6M | $397.4M | ||
| Q2 25 | $-175.2M | $416.6M | ||
| Q1 25 | $-210.7M | $428.2M | ||
| Q4 24 | $-203.0M | $858.5M | ||
| Q3 24 | $-211.7M | $882.3M | ||
| Q2 24 | $-253.8M | $898.0M | ||
| Q1 24 | $-286.1M | $906.9M |
总资产DOCNMATV
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.6B | $2.1B | ||
| Q4 24 | $1.6B | $2.4B | ||
| Q3 24 | $1.5B | $2.6B | ||
| Q2 24 | $1.5B | $2.6B | ||
| Q1 24 | $1.5B | $2.7B |
负债/权益比DOCNMATV
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 1.30× |
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 | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $8.0M |
| 自由现金流率自由现金流/营收 | 12.8% | 1.7% |
| 资本支出强度资本支出/营收 | 10.8% | 2.4% |
| 现金转化率经营现金流/净利润 | 2.23× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $93.8M |
8季度趋势，按日历期对齐
经营现金流DOCNMATV
| Q4 25 | $57.3M | $19.3M | ||
| Q3 25 | $95.8M | $72.8M | ||
| Q2 25 | $92.4M | $57.6M | ||
| Q1 25 | $64.1M | $-15.9M | ||
| Q4 24 | $71.3M | $24.1M | ||
| Q3 24 | $73.4M | $37.6M | ||
| Q2 24 | $71.3M | $46.1M | ||
| Q1 24 | $66.7M | $-13.0M |
自由现金流DOCNMATV
| Q4 25 | $31.1M | $8.0M | ||
| Q3 25 | $88.0M | $66.7M | ||
| Q2 25 | $59.3M | $48.9M | ||
| Q1 25 | $2.1M | $-29.8M | ||
| Q4 24 | $26.1M | $2.0M | ||
| Q3 24 | $16.0M | $25.5M | ||
| Q2 24 | $39.5M | $37.4M | ||
| Q1 24 | $23.0M | $-25.1M |
自由现金流率DOCNMATV
| Q4 25 | 12.8% | 1.7% | ||
| Q3 25 | 38.3% | 13.0% | ||
| Q2 25 | 27.1% | 9.3% | ||
| Q1 25 | 1.0% | -6.1% | ||
| Q4 24 | 12.7% | 0.4% | ||
| Q3 24 | 8.1% | 5.1% | ||
| Q2 24 | 20.5% | 7.1% | ||
| Q1 24 | 12.5% | -5.0% |
资本支出强度DOCNMATV
| Q4 25 | 10.8% | 2.4% | ||
| Q3 25 | 3.4% | 1.2% | ||
| Q2 25 | 15.2% | 1.7% | ||
| Q1 25 | 29.4% | 2.9% | ||
| Q4 24 | 22.1% | 4.8% | ||
| Q3 24 | 28.9% | 2.4% | ||
| Q2 24 | 16.6% | 1.7% | ||
| Q1 24 | 23.6% | 2.4% |
现金转化率DOCNMATV
| Q4 25 | 2.23× | 0.19× | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 2.50× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 3.91× | 16.07× | ||
| Q3 24 | 2.23× | — | ||
| Q2 24 | 3.73× | — | ||
| Q1 24 | 4.72× | — |
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% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
