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DigitalOcean Holdings, Inc.（DOCN）与Match Group（MTCH）财务数据对比。点击上方公司名可切换其他公司
Match Group的季度营收约是DigitalOcean Holdings, Inc.的3.6倍（$878.0M vs $242.4M）。Match Group净利率更高（23.9% vs 10.6%，领先13.3%）。DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 2.1%）。Match Group自由现金流更多（$308.1M vs $31.1M）。过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 1.1%）
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。
美国互联网科技企业Match Group总部位于得克萨斯州达拉斯，旗下拥有全球规模最大的在线约会服务品牌矩阵，运营Tinder、Hinge、Plenty of Fish等多款全球知名约会产品。2020年7月公司从IAC分拆为独立上市公司，截至2019年全球付费订阅用户达930万，其中近半数来自北美地区。
DOCN vs MTCH — 直观对比
营收规模更大
MTCH
是对方的3.6倍
$242.4M
营收增速更快
DOCN
高出16.2%
2.1%
净利率更高
MTCH
高出13.3%
10.6%
自由现金流更多
MTCH
多$277.0M
$31.1M
两年增速更快
DOCN
近两年复合增速
1.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $878.0M |
| 净利润 | $25.7M | $209.7M |
| 毛利率 | 58.7% | 74.7% |
| 营业利润率 | 16.0% | 32.4% |
| 净利率 | 10.6% | 23.9% |
| 营收同比 | 18.3% | 2.1% |
| 净利润同比 | 40.5% | 32.5% |
| 每股收益（稀释后） | $0.23 | $0.83 |
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DOCNMTCH
| Q4 25 | $242.4M | $878.0M | ||
| Q3 25 | $229.6M | $914.3M | ||
| Q2 25 | $218.7M | $863.7M | ||
| Q1 25 | $210.7M | $831.2M | ||
| Q4 24 | $204.9M | $860.2M | ||
| Q3 24 | $198.5M | $895.5M | ||
| Q2 24 | $192.5M | $864.1M | ||
| Q1 24 | $184.7M | $859.6M |
净利润DOCNMTCH
| Q4 25 | $25.7M | $209.7M | ||
| Q3 25 | $158.4M | $160.8M | ||
| Q2 25 | $37.0M | $125.5M | ||
| Q1 25 | $38.2M | $117.6M | ||
| Q4 24 | $18.3M | $158.3M | ||
| Q3 24 | $32.9M | $136.5M | ||
| Q2 24 | $19.1M | $133.3M | ||
| Q1 24 | $14.1M | $123.2M |
毛利率DOCNMTCH
| Q4 25 | 58.7% | 74.7% | ||
| Q3 25 | 59.6% | 73.0% | ||
| Q2 25 | 59.9% | 72.0% | ||
| Q1 25 | 61.4% | 71.5% | ||
| Q4 24 | 57.1% | 72.5% | ||
| Q3 24 | 60.2% | 71.7% | ||
| Q2 24 | 61.0% | 71.6% | ||
| Q1 24 | 60.7% | 70.1% |
营业利润率DOCNMTCH
| Q4 25 | 16.0% | 32.4% | ||
| Q3 25 | 19.6% | 24.2% | ||
| Q2 25 | 16.3% | 22.5% | ||
| Q1 25 | 17.9% | 20.8% | ||
| Q4 24 | 15.9% | 26.0% | ||
| Q3 24 | 12.4% | 23.5% | ||
| Q2 24 | 11.6% | 23.7% | ||
| Q1 24 | 6.2% | 21.5% |
净利率DOCNMTCH
| Q4 25 | 10.6% | 23.9% | ||
| Q3 25 | 69.0% | 17.6% | ||
| Q2 25 | 16.9% | 14.5% | ||
| Q1 25 | 18.1% | 14.1% | ||
| Q4 24 | 8.9% | 18.4% | ||
| Q3 24 | 16.6% | 15.2% | ||
| Q2 24 | 9.9% | 15.4% | ||
| Q1 24 | 7.7% | 14.3% |
每股收益（稀释后）DOCNMTCH
| Q4 25 | $0.23 | $0.83 | ||
| Q3 25 | $1.51 | $0.62 | ||
| Q2 25 | $0.39 | $0.49 | ||
| Q1 25 | $0.39 | $0.44 | ||
| Q4 24 | $0.21 | $0.59 | ||
| Q3 24 | $0.33 | $0.51 | ||
| Q2 24 | $0.20 | $0.48 | ||
| Q1 24 | $0.15 | $0.44 |
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 | $1.0B |
| 总债务越低越好 | $1.3B | $3.5B |
| 股东权益账面价值 | $-28.7M | $-253.5M |
| 总资产 | $1.8B | $4.5B |
| 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DOCNMTCH
| Q4 25 | $254.5M | $1.0B | ||
| Q3 25 | $236.6M | $1.1B | ||
| Q2 25 | $387.7M | $340.4M | ||
| Q1 25 | $360.4M | $414.2M | ||
| Q4 24 | $428.4M | $970.7M | ||
| Q3 24 | $439.9M | $860.9M | ||
| Q2 24 | $443.1M | $843.6M | ||
| Q1 24 | $419.1M | $920.9M |
总债务DOCNMTCH
| Q4 25 | $1.3B | $3.5B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | $1.5B | $3.8B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | — | $3.8B |
股东权益DOCNMTCH
| Q4 25 | $-28.7M | $-253.5M | ||
| Q3 25 | $-69.6M | $-223.9M | ||
| Q2 25 | $-175.2M | $-230.9M | ||
| Q1 25 | $-210.7M | $-182.7M | ||
| Q4 24 | $-203.0M | $-63.7M | ||
| Q3 24 | $-211.7M | $-88.5M | ||
| Q2 24 | $-253.8M | $-130.2M | ||
| Q1 24 | $-286.1M | $-107.8M |
总资产DOCNMTCH
| Q4 25 | $1.8B | $4.5B | ||
| Q3 25 | $1.7B | $4.5B | ||
| Q2 25 | $1.7B | $3.9B | ||
| Q1 25 | $1.6B | $3.9B | ||
| Q4 24 | $1.6B | $4.5B | ||
| Q3 24 | $1.5B | $4.4B | ||
| Q2 24 | $1.5B | $4.4B | ||
| Q1 24 | $1.5B | $4.4B |
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 | $322.8M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $308.1M |
| 自由现金流率自由现金流/营收 | 12.8% | 35.1% |
| 资本支出强度资本支出/营收 | 10.8% | 1.7% |
| 现金转化率经营现金流/净利润 | 2.23× | 1.54× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $1.0B |
8季度趋势，按日历期对齐
经营现金流DOCNMTCH
| Q4 25 | $57.3M | $322.8M | ||
| Q3 25 | $95.8M | $320.6M | ||
| Q2 25 | $92.4M | $243.8M | ||
| Q1 25 | $64.1M | $193.1M | ||
| Q4 24 | $71.3M | $254.7M | ||
| Q3 24 | $73.4M | $264.9M | ||
| Q2 24 | $71.3M | $129.0M | ||
| Q1 24 | $66.7M | $284.1M |
自由现金流DOCNMTCH
| Q4 25 | $31.1M | $308.1M | ||
| Q3 25 | $88.0M | $306.8M | ||
| Q2 25 | $59.3M | $231.0M | ||
| Q1 25 | $2.1M | $177.7M | ||
| Q4 24 | $26.1M | $247.1M | ||
| Q3 24 | $16.0M | $251.8M | ||
| Q2 24 | $39.5M | $116.3M | ||
| Q1 24 | $23.0M | $266.9M |
自由现金流率DOCNMTCH
| Q4 25 | 12.8% | 35.1% | ||
| Q3 25 | 38.3% | 33.6% | ||
| Q2 25 | 27.1% | 26.7% | ||
| Q1 25 | 1.0% | 21.4% | ||
| Q4 24 | 12.7% | 28.7% | ||
| Q3 24 | 8.1% | 28.1% | ||
| Q2 24 | 20.5% | 13.5% | ||
| Q1 24 | 12.5% | 31.0% |
资本支出强度DOCNMTCH
| Q4 25 | 10.8% | 1.7% | ||
| Q3 25 | 3.4% | 1.5% | ||
| Q2 25 | 15.2% | 1.5% | ||
| Q1 25 | 29.4% | 1.9% | ||
| Q4 24 | 22.1% | 0.9% | ||
| Q3 24 | 28.9% | 1.5% | ||
| Q2 24 | 16.6% | 1.5% | ||
| Q1 24 | 23.6% | 2.0% |
现金转化率DOCNMTCH
| Q4 25 | 2.23× | 1.54× | ||
| Q3 25 | 0.60× | 1.99× | ||
| Q2 25 | 2.50× | 1.94× | ||
| Q1 25 | 1.68× | 1.64× | ||
| Q4 24 | 3.91× | 1.61× | ||
| Q3 24 | 2.23× | 1.94× | ||
| Q2 24 | 3.73× | 0.97× | ||
| Q1 24 | 4.72× | 2.31× |
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% |
MTCH
| Tinder Segment | $479.3M | 55% |
| Hinge Segment | $186.5M | 21% |
| Evergreen And Emerging Segment | $148.1M | 17% |
| MG Asia Segment | $65.8M | 7% |
