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DigitalOcean Holdings, Inc.（DOCN）与OPPENHEIMER HOLDINGS INC（OPY）财务数据对比。点击上方公司名可切换其他公司
OPPENHEIMER HOLDINGS INC的季度营收约是DigitalOcean Holdings, Inc.的1.9倍（$472.6M vs $242.4M），OPPENHEIMER HOLDINGS INC净利率更高（15.7% vs 10.6%，领先5.1%），OPPENHEIMER HOLDINGS INC同比增速更快（25.9% vs 18.3%），OPPENHEIMER HOLDINGS INC自由现金流更多（$183.6M vs $31.1M），过去两年OPPENHEIMER HOLDINGS INC的营收复合增速更高（15.7% 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。
奥本海默控股是一家美国跨国独立投资银行与金融服务企业，面向全球客户提供投资银行、财务咨询、资本市场、资产管理及财富管理等相关产品与服务，目前总部设于纽约市宽街85号。
DOCN vs OPY — 直观对比
营收规模更大
OPY
是对方的1.9倍
$242.4M
营收增速更快
OPY
高出7.6%
18.3%
净利率更高
OPY
高出5.1%
10.6%
自由现金流更多
OPY
多$152.4M
$31.1M
两年增速更快
OPY
近两年复合增速
14.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $472.6M |
| 净利润 | $25.7M | $74.4M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | 22.4% |
| 净利率 | 10.6% | 15.7% |
| 营收同比 | 18.3% | 25.9% |
| 净利润同比 | 40.5% | 593.1% |
| 每股收益（稀释后） | $0.23 | $6.51 |
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DOCNOPY
| Q4 25 | $242.4M | $472.6M | ||
| Q3 25 | $229.6M | $424.4M | ||
| Q2 25 | $218.7M | $373.2M | ||
| Q1 25 | $210.7M | $367.8M | ||
| Q4 24 | $204.9M | $375.4M | ||
| Q3 24 | $198.5M | $373.4M | ||
| Q2 24 | $192.5M | $330.6M | ||
| Q1 24 | $184.7M | $353.1M |
净利润DOCNOPY
| Q4 25 | $25.7M | $74.4M | ||
| Q3 25 | $158.4M | $21.7M | ||
| Q2 25 | $37.0M | $21.7M | ||
| Q1 25 | $38.2M | $30.7M | ||
| Q4 24 | $18.3M | $10.7M | ||
| Q3 24 | $32.9M | $24.5M | ||
| Q2 24 | $19.1M | $10.3M | ||
| Q1 24 | $14.1M | $26.1M |
毛利率DOCNOPY
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 60.2% | — | ||
| Q2 24 | 61.0% | — | ||
| Q1 24 | 60.7% | — |
营业利润率DOCNOPY
| Q4 25 | 16.0% | 22.4% | ||
| Q3 25 | 19.6% | 7.5% | ||
| Q2 25 | 16.3% | 8.6% | ||
| Q1 25 | 17.9% | 11.2% | ||
| Q4 24 | 15.9% | 4.5% | ||
| Q3 24 | 12.4% | 9.5% | ||
| Q2 24 | 11.6% | 4.8% | ||
| Q1 24 | 6.2% | 10.6% |
净利率DOCNOPY
| Q4 25 | 10.6% | 15.7% | ||
| Q3 25 | 69.0% | 5.1% | ||
| Q2 25 | 16.9% | 5.8% | ||
| Q1 25 | 18.1% | 8.3% | ||
| Q4 24 | 8.9% | 2.9% | ||
| Q3 24 | 16.6% | 6.6% | ||
| Q2 24 | 9.9% | 3.1% | ||
| Q1 24 | 7.7% | 7.4% |
每股收益（稀释后）DOCNOPY
| Q4 25 | $0.23 | $6.51 | ||
| Q3 25 | $1.51 | $1.90 | ||
| Q2 25 | $0.39 | $1.91 | ||
| Q1 25 | $0.39 | $2.72 | ||
| Q4 24 | $0.21 | $0.92 | ||
| Q3 24 | $0.33 | $2.16 | ||
| Q2 24 | $0.20 | $0.92 | ||
| Q1 24 | $0.15 | $2.37 |
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 | $38.4M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | $983.8M |
| 总资产 | $1.8B | $3.7B |
| 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DOCNOPY
| Q4 25 | $254.5M | $38.4M | ||
| Q3 25 | $236.6M | $38.3M | ||
| Q2 25 | $387.7M | $37.6M | ||
| Q1 25 | $360.4M | $36.7M | ||
| Q4 24 | $428.4M | $33.1M | ||
| Q3 24 | $439.9M | $32.2M | ||
| Q2 24 | $443.1M | $33.2M | ||
| Q1 24 | $419.1M | $27.7M |
总债务DOCNOPY
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | $0 | ||
| Q3 24 | — | $112.8M | ||
| Q2 24 | — | $112.8M | ||
| Q1 24 | — | $112.7M |
股东权益DOCNOPY
| Q4 25 | $-28.7M | $983.8M | ||
| Q3 25 | $-69.6M | $920.3M | ||
| Q2 25 | $-175.2M | $896.9M | ||
| Q1 25 | $-210.7M | $872.3M | ||
| Q4 24 | $-203.0M | $850.4M | ||
| Q3 24 | $-211.7M | $837.8M | ||
| Q2 24 | $-253.8M | $812.1M | ||
| Q1 24 | $-286.1M | $801.5M |
总资产DOCNOPY
| Q4 25 | $1.8B | $3.7B | ||
| Q3 25 | $1.7B | $3.8B | ||
| Q2 25 | $1.7B | $3.7B | ||
| Q1 25 | $1.6B | $3.6B | ||
| Q4 24 | $1.6B | $3.4B | ||
| Q3 24 | $1.5B | $3.4B | ||
| Q2 24 | $1.5B | $3.3B | ||
| Q1 24 | $1.5B | $3.3B |
负债/权益比DOCNOPY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| 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 | $188.8M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $183.6M |
| 自由现金流率自由现金流/营收 | 12.8% | 38.8% |
| 资本支出强度资本支出/营收 | 10.8% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.23× | 2.54× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $191.3M |
8季度趋势，按日历期对齐
经营现金流DOCNOPY
| Q4 25 | $57.3M | $188.8M | ||
| Q3 25 | $95.8M | $63.4M | ||
| Q2 25 | $92.4M | $40.1M | ||
| Q1 25 | $64.1M | $-91.7M | ||
| Q4 24 | $71.3M | $-108.2M | ||
| Q3 24 | $73.4M | $11.4M | ||
| Q2 24 | $71.3M | $-115.3M | ||
| Q1 24 | $66.7M | $-79.0M |
自由现金流DOCNOPY
| Q4 25 | $31.1M | $183.6M | ||
| Q3 25 | $88.0M | $62.2M | ||
| Q2 25 | $59.3M | $38.9M | ||
| Q1 25 | $2.1M | $-93.4M | ||
| Q4 24 | $26.1M | $-113.3M | ||
| Q3 24 | $16.0M | $11.2M | ||
| Q2 24 | $39.5M | $-116.7M | ||
| Q1 24 | $23.0M | $-79.3M |
自由现金流率DOCNOPY
| Q4 25 | 12.8% | 38.8% | ||
| Q3 25 | 38.3% | 14.7% | ||
| Q2 25 | 27.1% | 10.4% | ||
| Q1 25 | 1.0% | -25.4% | ||
| Q4 24 | 12.7% | -30.2% | ||
| Q3 24 | 8.1% | 3.0% | ||
| Q2 24 | 20.5% | -35.3% | ||
| Q1 24 | 12.5% | -22.5% |
资本支出强度DOCNOPY
| Q4 25 | 10.8% | 1.1% | ||
| Q3 25 | 3.4% | 0.3% | ||
| Q2 25 | 15.2% | 0.3% | ||
| Q1 25 | 29.4% | 0.5% | ||
| Q4 24 | 22.1% | 1.4% | ||
| Q3 24 | 28.9% | 0.1% | ||
| Q2 24 | 16.6% | 0.4% | ||
| Q1 24 | 23.6% | 0.1% |
现金转化率DOCNOPY
| Q4 25 | 2.23× | 2.54× | ||
| Q3 25 | 0.60× | 2.92× | ||
| Q2 25 | 2.50× | 1.85× | ||
| Q1 25 | 1.68× | -2.99× | ||
| Q4 24 | 3.91× | -10.08× | ||
| Q3 24 | 2.23× | 0.47× | ||
| Q2 24 | 3.73× | -11.23× | ||
| Q1 24 | 4.72× | -3.03× |
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% |
OPY
| Advisory Fees | $166.6M | 35% |
| Capital Markets Segment | $155.5M | 33% |
| Other | $57.2M | 12% |
| Commissions From Sales And Trading | $52.9M | 11% |
| Bank Deposit Sweep Income | $27.7M | 6% |
| Mutual Fund Income | $8.9M | 2% |
| Investment Banking Capital Markets | $3.3M | 1% |
