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DigitalOcean Holdings, Inc.（DOCN）与SL GREEN REALTY CORP（SLG）财务数据对比。点击上方公司名可切换其他公司
SL GREEN REALTY CORP的季度营收约是DigitalOcean Holdings, Inc.的1.1倍（$276.5M vs $242.4M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs -36.5%，领先47.1%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 12.4%），过去两年SL GREEN REALTY CORP的营收复合增速更高（21.3% 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。
SL Green Realty Corp是一家房地产投资信托企业，核心业务为投资纽约市的写字楼与商业中心，被誉为“纽约市最大的写字楼业主”。截至2024年12月31日，公司持有39处物业的权益，总面积达2529.7万平方英尺，资产主要分布在曼哈顿区域。
DOCN vs SLG — 直观对比
营收规模更大
SLG
是对方的1.1倍
$242.4M
营收增速更快
DOCN
高出5.8%
12.4%
净利率更高
DOCN
高出47.1%
-36.5%
两年增速更快
SLG
近两年复合增速
14.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $276.5M |
| 净利润 | $25.7M | $-100.8M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | 64.2% |
| 净利率 | 10.6% | -36.5% |
| 营收同比 | 18.3% | 12.4% |
| 净利润同比 | 40.5% | -870.0% |
| 每股收益（稀释后） | $0.23 | $-1.49 |
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DOCNSLG
| Q4 25 | $242.4M | $276.5M | ||
| Q3 25 | $229.6M | $244.8M | ||
| Q2 25 | $218.7M | $241.9M | ||
| Q1 25 | $210.7M | $239.8M | ||
| Q4 24 | $204.9M | $245.9M | ||
| Q3 24 | $198.5M | $229.7M | ||
| Q2 24 | $192.5M | $222.8M | ||
| Q1 24 | $184.7M | $187.9M |
净利润DOCNSLG
| Q4 25 | $25.7M | $-100.8M | ||
| Q3 25 | $158.4M | $28.6M | ||
| Q2 25 | $37.0M | $-7.4M | ||
| Q1 25 | $38.2M | $-17.3M | ||
| Q4 24 | $18.3M | $19.1M | ||
| Q3 24 | $32.9M | $-9.5M | ||
| Q2 24 | $19.1M | $1.6M | ||
| Q1 24 | $14.1M | $16.9M |
毛利率DOCNSLG
| 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DOCNSLG
| Q4 25 | 16.0% | 64.2% | ||
| Q3 25 | 19.6% | 85.5% | ||
| Q2 25 | 16.3% | 53.4% | ||
| Q1 25 | 17.9% | 56.7% | ||
| Q4 24 | 15.9% | 59.8% | ||
| Q3 24 | 12.4% | 65.1% | ||
| Q2 24 | 11.6% | 79.2% | ||
| Q1 24 | 6.2% | — |
净利率DOCNSLG
| Q4 25 | 10.6% | -36.5% | ||
| Q3 25 | 69.0% | 11.7% | ||
| Q2 25 | 16.9% | -3.0% | ||
| Q1 25 | 18.1% | -7.2% | ||
| Q4 24 | 8.9% | 7.8% | ||
| Q3 24 | 16.6% | -4.2% | ||
| Q2 24 | 9.9% | 0.7% | ||
| Q1 24 | 7.7% | 9.0% |
每股收益（稀释后）DOCNSLG
| Q4 25 | $0.23 | $-1.49 | ||
| Q3 25 | $1.51 | $0.34 | ||
| Q2 25 | $0.39 | $-0.16 | ||
| Q1 25 | $0.39 | $-0.30 | ||
| Q4 24 | $0.21 | $0.13 | ||
| Q3 24 | $0.33 | $-0.21 | ||
| Q2 24 | $0.20 | $-0.04 | ||
| Q1 24 | $0.15 | $0.20 |
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 | $155.7M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | $3.7B |
| 总资产 | $1.8B | $11.1B |
| 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DOCNSLG
| Q4 25 | $254.5M | $155.7M | ||
| Q3 25 | $236.6M | $187.0M | ||
| Q2 25 | $387.7M | $182.9M | ||
| Q1 25 | $360.4M | $180.1M | ||
| Q4 24 | $428.4M | $184.3M | ||
| Q3 24 | $439.9M | $188.2M | ||
| Q2 24 | $443.1M | $199.5M | ||
| Q1 24 | $419.1M | $196.0M |
总债务DOCNSLG
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DOCNSLG
| Q4 25 | $-28.7M | $3.7B | ||
| Q3 25 | $-69.6M | $3.8B | ||
| Q2 25 | $-175.2M | $3.8B | ||
| Q1 25 | $-210.7M | $3.8B | ||
| Q4 24 | $-203.0M | $4.0B | ||
| Q3 24 | $-211.7M | $3.6B | ||
| Q2 24 | $-253.8M | $3.7B | ||
| Q1 24 | $-286.1M | $3.7B |
总资产DOCNSLG
| Q4 25 | $1.8B | $11.1B | ||
| Q3 25 | $1.7B | $11.1B | ||
| Q2 25 | $1.7B | $11.3B | ||
| Q1 25 | $1.6B | $11.4B | ||
| Q4 24 | $1.6B | $10.5B | ||
| Q3 24 | $1.5B | $10.2B | ||
| Q2 24 | $1.5B | $9.5B | ||
| Q1 24 | $1.5B | $9.8B |
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 | $82.9M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 10.8% | — |
| 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DOCNSLG
| Q4 25 | $57.3M | $82.9M | ||
| Q3 25 | $95.8M | $-6.8M | ||
| Q2 25 | $92.4M | $54.5M | ||
| Q1 25 | $64.1M | $6.7M | ||
| Q4 24 | $71.3M | $129.6M | ||
| Q3 24 | $73.4M | $16.7M | ||
| Q2 24 | $71.3M | $79.4M | ||
| Q1 24 | $66.7M | $-24.7M |
自由现金流DOCNSLG
| Q4 25 | $31.1M | — | ||
| Q3 25 | $88.0M | — | ||
| Q2 25 | $59.3M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $26.1M | — | ||
| Q3 24 | $16.0M | — | ||
| Q2 24 | $39.5M | — | ||
| Q1 24 | $23.0M | — |
自由现金流率DOCNSLG
| Q4 25 | 12.8% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 27.1% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 20.5% | — | ||
| Q1 24 | 12.5% | — |
资本支出强度DOCNSLG
| Q4 25 | 10.8% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 16.6% | — | ||
| Q1 24 | 23.6% | — |
现金转化率DOCNSLG
| Q4 25 | 2.23× | — | ||
| Q3 25 | 0.60× | -0.24× | ||
| Q2 25 | 2.50× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 3.91× | 6.77× | ||
| Q3 24 | 2.23× | — | ||
| Q2 24 | 3.73× | 50.33× | ||
| Q1 24 | 4.72× | -1.46× |
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% |
SLG
| Real Estate Segment | $223.1M | 81% |
| Other | $35.9M | 13% |
| Debt And Preferred Equity Segment | $17.4M | 6% |
