vs
DigitalOcean Holdings, Inc.（DOCN）与Rocket Lab Corp（RKLB）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Rocket Lab Corp的1.3倍（$242.4M vs $179.7M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs -29.5%，领先40.0%），Rocket Lab Corp同比增速更快（35.7% vs 18.3%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% 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。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
DOCN vs RKLB — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $179.7M |
| 净利润 | $25.7M | $-52.9M |
| 毛利率 | 58.7% | 38.0% |
| 营业利润率 | 16.0% | -28.4% |
| 净利率 | 10.6% | -29.5% |
| 营收同比 | 18.3% | 35.7% |
| 净利润同比 | 40.5% | -1.1% |
| 每股收益（稀释后） | $0.23 | $-0.09 |
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
| Q4 25 | $242.4M | $179.7M | ||
| Q3 25 | $229.6M | $155.1M | ||
| Q2 25 | $218.7M | $144.5M | ||
| Q1 25 | $210.7M | $122.6M | ||
| Q4 24 | $204.9M | $132.4M | ||
| Q3 24 | $198.5M | $104.8M | ||
| Q2 24 | $192.5M | $106.3M | ||
| Q1 24 | $184.7M | $92.8M |
| Q4 25 | $25.7M | $-52.9M | ||
| Q3 25 | $158.4M | $-18.3M | ||
| Q2 25 | $37.0M | $-66.4M | ||
| Q1 25 | $38.2M | $-60.6M | ||
| Q4 24 | $18.3M | $-52.3M | ||
| Q3 24 | $32.9M | $-51.9M | ||
| Q2 24 | $19.1M | $-41.6M | ||
| Q1 24 | $14.1M | $-44.3M |
| Q4 25 | 58.7% | 38.0% | ||
| Q3 25 | 59.6% | 37.0% | ||
| Q2 25 | 59.9% | 32.1% | ||
| Q1 25 | 61.4% | 28.8% | ||
| Q4 24 | 57.1% | 27.8% | ||
| Q3 24 | 60.2% | 26.7% | ||
| Q2 24 | 61.0% | 25.6% | ||
| Q1 24 | 60.7% | 26.1% |
| Q4 25 | 16.0% | -28.4% | ||
| Q3 25 | 19.6% | -38.0% | ||
| Q2 25 | 16.3% | -41.3% | ||
| Q1 25 | 17.9% | -48.3% | ||
| Q4 24 | 15.9% | -38.9% | ||
| Q3 24 | 12.4% | -49.5% | ||
| Q2 24 | 11.6% | -40.7% | ||
| Q1 24 | 6.2% | -46.4% |
| Q4 25 | 10.6% | -29.5% | ||
| Q3 25 | 69.0% | -11.8% | ||
| Q2 25 | 16.9% | -46.0% | ||
| Q1 25 | 18.1% | -49.5% | ||
| Q4 24 | 8.9% | -39.5% | ||
| Q3 24 | 16.6% | -49.6% | ||
| Q2 24 | 9.9% | -39.2% | ||
| Q1 24 | 7.7% | -47.7% |
| Q4 25 | $0.23 | $-0.09 | ||
| Q3 25 | $1.51 | $-0.03 | ||
| Q2 25 | $0.39 | $-0.13 | ||
| Q1 25 | $0.39 | $-0.12 | ||
| Q4 24 | $0.21 | $-0.11 | ||
| Q3 24 | $0.33 | $-0.10 | ||
| Q2 24 | $0.20 | $-0.08 | ||
| Q1 24 | $0.15 | $-0.09 |
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 | $152.4M |
| 股东权益账面价值 | $-28.7M | $1.7B |
| 总资产 | $1.8B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
| Q4 25 | $254.5M | $1.0B | ||
| Q3 25 | $236.6M | $976.7M | ||
| Q2 25 | $387.7M | $688.1M | ||
| Q1 25 | $360.4M | $428.4M | ||
| Q4 24 | $428.4M | $419.0M | ||
| Q3 24 | $439.9M | $442.4M | ||
| Q2 24 | $443.1M | $496.8M | ||
| Q1 24 | $419.1M | $492.5M |
| Q4 25 | $1.3B | $152.4M | ||
| Q3 25 | $1.3B | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $1.5B | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
| Q4 25 | $-28.7M | $1.7B | ||
| Q3 25 | $-69.6M | $1.3B | ||
| Q2 25 | $-175.2M | $688.5M | ||
| Q1 25 | $-210.7M | $431.3M | ||
| Q4 24 | $-203.0M | $382.5M | ||
| Q3 24 | $-211.7M | $419.8M | ||
| Q2 24 | $-253.8M | $455.2M | ||
| Q1 24 | $-286.1M | $478.9M |
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | $1.5B | $1.2B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| 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 | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $-114.2M |
| 自由现金流率自由现金流/营收 | 12.8% | -63.6% |
| 资本支出强度资本支出/营收 | 10.8% | 27.6% |
| 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 | $-321.8M |
8季度趋势，按日历期对齐
| Q4 25 | $57.3M | $-64.5M | ||
| Q3 25 | $95.8M | $-23.5M | ||
| Q2 25 | $92.4M | $-23.2M | ||
| Q1 25 | $64.1M | $-54.2M | ||
| Q4 24 | $71.3M | $-2.4M | ||
| Q3 24 | $73.4M | $-30.9M | ||
| Q2 24 | $71.3M | $-13.0M | ||
| Q1 24 | $66.7M | $-2.6M |
| Q4 25 | $31.1M | $-114.2M | ||
| Q3 25 | $88.0M | $-69.4M | ||
| Q2 25 | $59.3M | $-55.3M | ||
| Q1 25 | $2.1M | $-82.9M | ||
| Q4 24 | $26.1M | $-23.9M | ||
| Q3 24 | $16.0M | $-41.9M | ||
| Q2 24 | $39.5M | $-28.3M | ||
| Q1 24 | $23.0M | $-21.8M |
| Q4 25 | 12.8% | -63.6% | ||
| Q3 25 | 38.3% | -44.8% | ||
| Q2 25 | 27.1% | -38.3% | ||
| Q1 25 | 1.0% | -67.6% | ||
| Q4 24 | 12.7% | -18.1% | ||
| Q3 24 | 8.1% | -40.0% | ||
| Q2 24 | 20.5% | -26.7% | ||
| Q1 24 | 12.5% | -23.5% |
| Q4 25 | 10.8% | 27.6% | ||
| Q3 25 | 3.4% | 29.6% | ||
| Q2 25 | 15.2% | 22.2% | ||
| Q1 25 | 29.4% | 23.4% | ||
| Q4 24 | 22.1% | 16.3% | ||
| Q3 24 | 28.9% | 10.5% | ||
| Q2 24 | 16.6% | 14.4% | ||
| Q1 24 | 23.6% | 20.7% |
| 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% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
