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DigitalOcean Holdings, Inc.（DOCN）与Shimmick Corp（SHIM）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Shimmick Corp的1.7倍（$242.4M vs $141.9M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs -3.1%，领先13.7%），DigitalOcean Holdings, Inc.自由现金流更多（$31.1M vs $-28.7M），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs -10.1%）
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。
Shimmick Corp是一家总部位于美国的重型民用建筑企业，专注于水处理设施、交通系统、大坝工程、环境修复等关键公共基础设施的建造与升级，主要服务北美各级政府客户，承接各类复杂大型建筑项目。
DOCN vs SHIM — 直观对比
营收规模更大
DOCN
是对方的1.7倍
$141.9M
净利率更高
DOCN
高出13.7%
-3.1%
自由现金流更多
DOCN
多$59.8M
$-28.7M
两年增速更快
DOCN
近两年复合增速
-10.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $141.9M |
| 净利润 | $25.7M | $-4.4M |
| 毛利率 | 58.7% | 7.6% |
| 营业利润率 | 16.0% | -2.2% |
| 净利率 | 10.6% | -3.1% |
| 营收同比 | 18.3% | — |
| 净利润同比 | 40.5% | — |
| 每股收益（稀释后） | $0.23 | $-0.12 |
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DOCNSHIM
| Q4 25 | $242.4M | $141.9M | ||
| Q3 25 | $229.6M | $128.4M | ||
| Q2 25 | $218.7M | $122.1M | ||
| Q1 25 | $210.7M | $103.6M | ||
| Q4 24 | $204.9M | — | ||
| Q3 24 | $198.5M | $166.0M | ||
| Q2 24 | $192.5M | $90.6M | ||
| Q1 24 | $184.7M | $120.0M |
净利润DOCNSHIM
| Q4 25 | $25.7M | $-4.4M | ||
| Q3 25 | $158.4M | $-8.5M | ||
| Q2 25 | $37.0M | $-9.8M | ||
| Q1 25 | $38.2M | $-38.5M | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | $32.9M | $-1.6M | ||
| Q2 24 | $19.1M | $-51.4M | ||
| Q1 24 | $14.1M | $-33.3M |
毛利率DOCNSHIM
| Q4 25 | 58.7% | 7.6% | ||
| Q3 25 | 59.6% | 6.3% | ||
| Q2 25 | 59.9% | 3.8% | ||
| Q1 25 | 61.4% | -20.1% | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 60.2% | 7.3% | ||
| Q2 24 | 61.0% | -34.4% | ||
| Q1 24 | 60.7% | -13.2% |
营业利润率DOCNSHIM
| Q4 25 | 16.0% | -2.2% | ||
| Q3 25 | 19.6% | -5.5% | ||
| Q2 25 | 16.3% | -7.3% | ||
| Q1 25 | 17.9% | -39.3% | ||
| Q4 24 | 15.9% | — | ||
| Q3 24 | 12.4% | 0.7% | ||
| Q2 24 | 11.6% | -53.0% | ||
| Q1 24 | 6.2% | -26.5% |
净利率DOCNSHIM
| Q4 25 | 10.6% | -3.1% | ||
| Q3 25 | 69.0% | -6.6% | ||
| Q2 25 | 16.9% | -8.0% | ||
| Q1 25 | 18.1% | -37.1% | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 16.6% | -0.9% | ||
| Q2 24 | 9.9% | -56.7% | ||
| Q1 24 | 7.7% | -27.8% |
每股收益（稀释后）DOCNSHIM
| Q4 25 | $0.23 | $-0.12 | ||
| Q3 25 | $1.51 | $-0.25 | ||
| Q2 25 | $0.39 | $-0.28 | ||
| Q1 25 | $0.39 | $-0.92 | ||
| Q4 24 | $0.21 | — | ||
| Q3 24 | $0.33 | $-0.05 | ||
| Q2 24 | $0.20 | $-1.83 | ||
| Q1 24 | $0.15 | $-1.30 |
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 | $17.6M |
| 总债务越低越好 | $1.3B | $57.5M |
| 股东权益账面价值 | $-28.7M | $-52.7M |
| 总资产 | $1.8B | $218.5M |
| 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DOCNSHIM
| Q4 25 | $254.5M | $17.6M | ||
| Q3 25 | $236.6M | $21.4M | ||
| Q2 25 | $387.7M | $16.3M | ||
| Q1 25 | $360.4M | $33.7M | ||
| Q4 24 | $428.4M | — | ||
| Q3 24 | $439.9M | $26.0M | ||
| Q2 24 | $443.1M | $22.4M | ||
| Q1 24 | $419.1M | $27.3M |
总债务DOCNSHIM
| Q4 25 | $1.3B | $57.5M | ||
| Q3 25 | $1.3B | $36.4M | ||
| Q2 25 | — | $31.4M | ||
| Q1 25 | — | $9.5M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | $39.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $31.5M |
股东权益DOCNSHIM
| Q4 25 | $-28.7M | $-52.7M | ||
| Q3 25 | $-69.6M | $-49.5M | ||
| Q2 25 | $-175.2M | $-42.6M | ||
| Q1 25 | $-210.7M | $-34.7M | ||
| Q4 24 | $-203.0M | — | ||
| Q3 24 | $-211.7M | $973.0K | ||
| Q2 24 | $-253.8M | $436.0K | ||
| Q1 24 | $-286.1M | $38.1M |
总资产DOCNSHIM
| Q4 25 | $1.8B | $218.5M | ||
| Q3 25 | $1.7B | $203.0M | ||
| Q2 25 | $1.7B | $227.7M | ||
| Q1 25 | $1.6B | $233.9M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | $346.7M | ||
| Q2 24 | $1.5B | $344.5M | ||
| Q1 24 | $1.5B | $378.0M |
负债/权益比DOCNSHIM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 41.01× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.83× |
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 | $-23.7M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $-28.7M |
| 自由现金流率自由现金流/营收 | 12.8% | -20.2% |
| 资本支出强度资本支出/营收 | 10.8% | 3.5% |
| 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 | $-27.2M |
8季度趋势，按日历期对齐
经营现金流DOCNSHIM
| Q4 25 | $57.3M | $-23.7M | ||
| Q3 25 | $95.8M | $-3.8M | ||
| Q2 25 | $92.4M | $-38.2M | ||
| Q1 25 | $64.1M | $44.9M | ||
| Q4 24 | $71.3M | — | ||
| Q3 24 | $73.4M | $12.7M | ||
| Q2 24 | $71.3M | $-43.9M | ||
| Q1 24 | $66.7M | $-35.0M |
自由现金流DOCNSHIM
| Q4 25 | $31.1M | $-28.7M | ||
| Q3 25 | $88.0M | $-4.2M | ||
| Q2 25 | $59.3M | $-38.7M | ||
| Q1 25 | $2.1M | $44.4M | ||
| Q4 24 | $26.1M | — | ||
| Q3 24 | $16.0M | $10.3M | ||
| Q2 24 | $39.5M | $-46.8M | ||
| Q1 24 | $23.0M | $-39.6M |
自由现金流率DOCNSHIM
| Q4 25 | 12.8% | -20.2% | ||
| Q3 25 | 38.3% | -3.2% | ||
| Q2 25 | 27.1% | -31.7% | ||
| Q1 25 | 1.0% | 42.9% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 8.1% | 6.2% | ||
| Q2 24 | 20.5% | -51.7% | ||
| Q1 24 | 12.5% | -33.0% |
资本支出强度DOCNSHIM
| Q4 25 | 10.8% | 3.5% | ||
| Q3 25 | 3.4% | 0.3% | ||
| Q2 25 | 15.2% | 0.4% | ||
| Q1 25 | 29.4% | 0.5% | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 28.9% | 1.4% | ||
| Q2 24 | 16.6% | 3.3% | ||
| Q1 24 | 23.6% | 3.8% |
现金转化率DOCNSHIM
| 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% |
SHIM
| Shimmick Projects | $106.8M | 75% |
| Non Core Projects | $35.1M | 25% |
