vs
DigitalOcean Holdings, Inc.（DOCN）与MADRIGAL PHARMACEUTICALS, INC.（MDGL）财务数据对比。点击上方公司名可切换其他公司
MADRIGAL PHARMACEUTICALS, INC.的季度营收约是DigitalOcean Holdings, Inc.的1.3倍（$321.1M vs $242.4M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs -18.2%，领先28.8%），MADRIGAL PHARMACEUTICALS, INC.同比增速更快（210.8% vs 18.3%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $-133.8M）
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。
本公司是一家美国生物制药企业，成立于2002年，专注于研发新型合成胆汁酸类似物，可用于治疗原发性胆汁性胆管炎、非酒精性脂肪肝、肝硬化等慢性肝病，以及胆汁酸性腹泻等肠道疾病。
DOCN vs MDGL — 直观对比
营收规模更大
MDGL
是对方的1.3倍
$242.4M
营收增速更快
MDGL
高出192.5%
18.3%
净利率更高
DOCN
高出28.8%
-18.2%
自由现金流更多
DOCN
多$165.0M
$-133.8M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $321.1M |
| 净利润 | $25.7M | $-58.6M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | -18.6% |
| 净利率 | 10.6% | -18.2% |
| 营收同比 | 18.3% | 210.8% |
| 净利润同比 | 40.5% | 1.4% |
| 每股收益（稀释后） | $0.23 | $-2.55 |
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DOCNMDGL
| Q4 25 | $242.4M | $321.1M | ||
| Q3 25 | $229.6M | $287.3M | ||
| Q2 25 | $218.7M | $212.8M | ||
| Q1 25 | $210.7M | $137.3M | ||
| Q4 24 | $204.9M | $103.3M | ||
| Q3 24 | $198.5M | $62.2M | ||
| Q2 24 | $192.5M | — | ||
| Q1 24 | $184.7M | $0 |
净利润DOCNMDGL
| Q4 25 | $25.7M | $-58.6M | ||
| Q3 25 | $158.4M | $-114.2M | ||
| Q2 25 | $37.0M | $-42.3M | ||
| Q1 25 | $38.2M | $-73.2M | ||
| Q4 24 | $18.3M | $-59.4M | ||
| Q3 24 | $32.9M | $-107.0M | ||
| Q2 24 | $19.1M | — | ||
| Q1 24 | $14.1M | $-147.5M |
毛利率DOCNMDGL
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 61.4% | 96.7% | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 60.2% | — | ||
| Q2 24 | 61.0% | — | ||
| Q1 24 | 60.7% | — |
营业利润率DOCNMDGL
| Q4 25 | 16.0% | -18.6% | ||
| Q3 25 | 19.6% | -39.7% | ||
| Q2 25 | 16.3% | -22.2% | ||
| Q1 25 | 17.9% | -57.8% | ||
| Q4 24 | 15.9% | -64.8% | ||
| Q3 24 | 12.4% | -187.1% | ||
| Q2 24 | 11.6% | — | ||
| Q1 24 | 6.2% | — |
净利率DOCNMDGL
| Q4 25 | 10.6% | -18.2% | ||
| Q3 25 | 69.0% | -39.8% | ||
| Q2 25 | 16.9% | -19.9% | ||
| Q1 25 | 18.1% | -53.4% | ||
| Q4 24 | 8.9% | -57.5% | ||
| Q3 24 | 16.6% | -172.0% | ||
| Q2 24 | 9.9% | — | ||
| Q1 24 | 7.7% | — |
每股收益（稀释后）DOCNMDGL
| Q4 25 | $0.23 | $-2.55 | ||
| Q3 25 | $1.51 | $-5.08 | ||
| Q2 25 | $0.39 | $-1.90 | ||
| Q1 25 | $0.39 | $-3.32 | ||
| Q4 24 | $0.21 | $-2.50 | ||
| Q3 24 | $0.33 | $-4.92 | ||
| Q2 24 | $0.20 | — | ||
| Q1 24 | $0.15 | $-7.38 |
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 | $198.7M |
| 总债务越低越好 | $1.3B | $339.9M |
| 股东权益账面价值 | $-28.7M | $602.7M |
| 总资产 | $1.8B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资DOCNMDGL
| Q4 25 | $254.5M | $198.7M | ||
| Q3 25 | $236.6M | $295.7M | ||
| Q2 25 | $387.7M | $186.2M | ||
| Q1 25 | $360.4M | $183.6M | ||
| Q4 24 | $428.4M | $100.0M | ||
| Q3 24 | $439.9M | $232.7M | ||
| Q2 24 | $443.1M | — | ||
| Q1 24 | $419.1M | $622.5M |
总债务DOCNMDGL
| Q4 25 | $1.3B | $339.9M | ||
| Q3 25 | $1.3B | $339.8M | ||
| Q2 25 | — | $118.4M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | $1.5B | $117.6M | ||
| Q3 24 | — | $117.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $116.1M |
股东权益DOCNMDGL
| Q4 25 | $-28.7M | $602.7M | ||
| Q3 25 | $-69.6M | $625.7M | ||
| Q2 25 | $-175.2M | $696.0M | ||
| Q1 25 | $-210.7M | $710.6M | ||
| Q4 24 | $-203.0M | $754.4M | ||
| Q3 24 | $-211.7M | $777.2M | ||
| Q2 24 | $-253.8M | — | ||
| Q1 24 | $-286.1M | $850.8M |
总资产DOCNMDGL
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.0B | ||
| Q1 25 | $1.6B | $996.6M | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | $1.1B |
负债/权益比DOCNMDGL
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.14× |
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 | $-133.5M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $-133.8M |
| 自由现金流率自由现金流/营收 | 12.8% | -41.7% |
| 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× | — |
| 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DOCNMDGL
| Q4 25 | $57.3M | $-133.5M | ||
| Q3 25 | $95.8M | $79.8M | ||
| Q2 25 | $92.4M | $-47.1M | ||
| Q1 25 | $64.1M | $-88.9M | ||
| Q4 24 | $71.3M | $-104.5M | ||
| Q3 24 | $73.4M | $-67.0M | ||
| Q2 24 | $71.3M | — | ||
| Q1 24 | $66.7M | $-149.2M |
自由现金流DOCNMDGL
| Q4 25 | $31.1M | $-133.8M | ||
| Q3 25 | $88.0M | $79.0M | ||
| Q2 25 | $59.3M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $26.1M | $-104.7M | ||
| Q3 24 | $16.0M | $-67.8M | ||
| Q2 24 | $39.5M | — | ||
| Q1 24 | $23.0M | $-149.5M |
自由现金流率DOCNMDGL
| Q4 25 | 12.8% | -41.7% | ||
| Q3 25 | 38.3% | 27.5% | ||
| Q2 25 | 27.1% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 12.7% | -101.3% | ||
| Q3 24 | 8.1% | -109.0% | ||
| Q2 24 | 20.5% | — | ||
| Q1 24 | 12.5% | — |
资本支出强度DOCNMDGL
| Q4 25 | 10.8% | 0.1% | ||
| Q3 25 | 3.4% | 0.3% | ||
| Q2 25 | 15.2% | 0.0% | ||
| Q1 25 | 29.4% | 0.0% | ||
| Q4 24 | 22.1% | 0.2% | ||
| Q3 24 | 28.9% | 1.3% | ||
| Q2 24 | 16.6% | — | ||
| Q1 24 | 23.6% | — |
现金转化率DOCNMDGL
| Q4 25 | 2.23× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 2.50× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 3.91× | — | ||
| 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% |
MDGL
| Rebates Customer Fees Credits Co Pay Assistance And Other | $208.5M | 65% |
| Other | $76.0M | 24% |
| Chargebacks Discounts For Prompt Pay And Other Allowances | $36.6M | 11% |
