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DigitalOcean Holdings, Inc.（DOCN）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）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VIRTUS INVESTMENT PARTNERS, INC.的1.2倍（$242.4M vs $199.5M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs 3.6%，领先7.0%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs -4.1%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs -5.7%）
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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
DOCN vs VRTS — 直观对比
营收规模更大
DOCN
是对方的1.2倍
$199.5M
营收增速更快
DOCN
高出22.4%
-4.1%
净利率更高
DOCN
高出7.0%
3.6%
两年增速更快
DOCN
近两年复合增速
-5.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $199.5M |
| 净利润 | $25.7M | $7.1M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | 7.7% |
| 净利率 | 10.6% | 3.6% |
| 营收同比 | 18.3% | -4.1% |
| 净利润同比 | 40.5% | -78.1% |
| 每股收益（稀释后） | $0.23 | $1.05 |
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DOCNVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | $242.4M | $208.0M | ||
| Q3 25 | $229.6M | $216.4M | ||
| Q2 25 | $218.7M | $210.5M | ||
| Q1 25 | $210.7M | $217.9M | ||
| Q4 24 | $204.9M | $233.5M | ||
| Q3 24 | $198.5M | $227.0M | ||
| Q2 24 | $192.5M | $224.4M |
净利润DOCNVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | $25.7M | $33.9M | ||
| Q3 25 | $158.4M | $31.3M | ||
| Q2 25 | $37.0M | $42.7M | ||
| Q1 25 | $38.2M | $28.1M | ||
| Q4 24 | $18.3M | $39.5M | ||
| Q3 24 | $32.9M | $49.1M | ||
| Q2 24 | $19.1M | $26.0M |
毛利率DOCNVRTS
| Q1 26 | — | — | ||
| 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% | — |
营业利润率DOCNVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | 16.0% | 19.1% | ||
| Q3 25 | 19.6% | 21.7% | ||
| Q2 25 | 16.3% | 21.5% | ||
| Q1 25 | 17.9% | 16.8% | ||
| Q4 24 | 15.9% | 21.7% | ||
| Q3 24 | 12.4% | 24.3% | ||
| Q2 24 | 11.6% | 19.7% |
净利率DOCNVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | 10.6% | 16.3% | ||
| Q3 25 | 69.0% | 14.5% | ||
| Q2 25 | 16.9% | 20.3% | ||
| Q1 25 | 18.1% | 12.9% | ||
| Q4 24 | 8.9% | 16.9% | ||
| Q3 24 | 16.6% | 21.6% | ||
| Q2 24 | 9.9% | 11.6% |
每股收益（稀释后）DOCNVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.23 | $5.15 | ||
| Q3 25 | $1.51 | $4.65 | ||
| Q2 25 | $0.39 | $6.12 | ||
| Q1 25 | $0.39 | $4.05 | ||
| Q4 24 | $0.21 | $4.65 | ||
| Q3 24 | $0.33 | $5.71 | ||
| Q2 24 | $0.20 | $2.43 |
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 | $136.6M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | $93.6B |
| 总资产 | $1.8B | — |
| 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DOCNVRTS
| Q1 26 | — | $136.6M | ||
| Q4 25 | $254.5M | — | ||
| Q3 25 | $236.6M | — | ||
| Q2 25 | $387.7M | — | ||
| Q1 25 | $360.4M | — | ||
| Q4 24 | $428.4M | — | ||
| Q3 24 | $439.9M | — | ||
| Q2 24 | $443.1M | — |
总债务DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $390.0M | ||
| Q3 25 | $1.3B | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | $1.5B | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
股东权益DOCNVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | $-28.7M | $934.0M | ||
| Q3 25 | $-69.6M | $918.7M | ||
| Q2 25 | $-175.2M | $896.4M | ||
| Q1 25 | $-210.7M | $893.7M | ||
| Q4 24 | $-203.0M | $897.5M | ||
| Q3 24 | $-211.7M | $889.0M | ||
| Q2 24 | $-253.8M | $868.7M |
总资产DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $4.3B | ||
| Q3 25 | $1.7B | $3.9B | ||
| Q2 25 | $1.7B | $3.7B | ||
| Q1 25 | $1.6B | $3.7B | ||
| Q4 24 | $1.6B | $4.0B | ||
| Q3 24 | $1.5B | $3.6B | ||
| Q2 24 | $1.5B | $3.6B |
负债/权益比DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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 | — |
| 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DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | $57.3M | $-67.2M | ||
| Q3 25 | $95.8M | $108.3M | ||
| Q2 25 | $92.4M | $75.8M | ||
| Q1 25 | $64.1M | $-3.8M | ||
| Q4 24 | $71.3M | $1.8M | ||
| Q3 24 | $73.4M | $69.1M | ||
| Q2 24 | $71.3M | $70.0M |
自由现金流DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | $31.1M | $-74.1M | ||
| Q3 25 | $88.0M | $106.9M | ||
| Q2 25 | $59.3M | $74.2M | ||
| Q1 25 | $2.1M | $-6.8M | ||
| Q4 24 | $26.1M | $-3.8M | ||
| Q3 24 | $16.0M | $68.7M | ||
| Q2 24 | $39.5M | $68.6M |
自由现金流率DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | 12.8% | -35.6% | ||
| Q3 25 | 38.3% | 49.4% | ||
| Q2 25 | 27.1% | 35.2% | ||
| Q1 25 | 1.0% | -3.1% | ||
| Q4 24 | 12.7% | -1.6% | ||
| Q3 24 | 8.1% | 30.3% | ||
| Q2 24 | 20.5% | 30.6% |
资本支出强度DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | 3.3% | ||
| Q3 25 | 3.4% | 0.7% | ||
| Q2 25 | 15.2% | 0.7% | ||
| Q1 25 | 29.4% | 1.4% | ||
| Q4 24 | 22.1% | 2.4% | ||
| Q3 24 | 28.9% | 0.2% | ||
| Q2 24 | 16.6% | 0.6% |
现金转化率DOCNVRTS
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | -1.99× | ||
| Q3 25 | 0.60× | 3.45× | ||
| Q2 25 | 2.50× | 1.77× | ||
| Q1 25 | 1.68× | -0.13× | ||
| Q4 24 | 3.91× | 0.04× | ||
| Q3 24 | 2.23× | 1.41× | ||
| Q2 24 | 3.73× | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
