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DigitalOcean Holdings, Inc.（DOCN）与Wingstop Inc.（WING）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Wingstop Inc.的1.3倍（$242.4M vs $183.7M），Wingstop Inc.净利率更高（16.3% vs 10.6%，领先5.7%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 7.4%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 8.6%）
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。
Wingstop Inc.是美国知名跨国快餐连锁品牌，核心产品为布法罗鸡翅，旗下门店均采用20世纪30至40年代喷气时代前的航空主题装饰风格，目前业务已覆盖全球多个国家和地区。
DOCN vs WING — 直观对比
营收规模更大
DOCN
是对方的1.3倍
$183.7M
营收增速更快
DOCN
高出10.9%
7.4%
净利率更高
WING
高出5.7%
10.6%
两年增速更快
DOCN
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $183.7M |
| 净利润 | $25.7M | $29.9M |
| 毛利率 | 58.7% | 86.5% |
| 营业利润率 | 16.0% | 27.4% |
| 净利率 | 10.6% | 16.3% |
| 营收同比 | 18.3% | 7.4% |
| 净利润同比 | 40.5% | — |
| 每股收益（稀释后） | $0.23 | $1.08 |
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DOCNWING
| Q1 26 | — | $183.7M | ||
| Q4 25 | $242.4M | $175.7M | ||
| Q3 25 | $229.6M | $175.7M | ||
| Q2 25 | $218.7M | $174.3M | ||
| Q1 25 | $210.7M | $171.1M | ||
| Q4 24 | $204.9M | $161.8M | ||
| Q3 24 | $198.5M | $162.5M | ||
| Q2 24 | $192.5M | $155.7M |
净利润DOCNWING
| Q1 26 | — | $29.9M | ||
| Q4 25 | $25.7M | $26.8M | ||
| Q3 25 | $158.4M | $28.5M | ||
| Q2 25 | $37.0M | $26.8M | ||
| Q1 25 | $38.2M | $92.3M | ||
| Q4 24 | $18.3M | $26.8M | ||
| Q3 24 | $32.9M | $25.7M | ||
| Q2 24 | $19.1M | $27.5M |
毛利率DOCNWING
| Q1 26 | — | 86.5% | ||
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 57.1% | 85.6% | ||
| Q3 24 | 60.2% | 85.0% | ||
| Q2 24 | 61.0% | 85.4% |
营业利润率DOCNWING
| Q1 26 | — | 27.4% | ||
| Q4 25 | 16.0% | 26.7% | ||
| Q3 25 | 19.6% | 27.9% | ||
| Q2 25 | 16.3% | 25.9% | ||
| Q1 25 | 17.9% | 22.4% | ||
| Q4 24 | 15.9% | 25.9% | ||
| Q3 24 | 12.4% | 24.5% | ||
| Q2 24 | 11.6% | 26.5% |
净利率DOCNWING
| Q1 26 | — | 16.3% | ||
| Q4 25 | 10.6% | 15.2% | ||
| Q3 25 | 69.0% | 16.2% | ||
| Q2 25 | 16.9% | 15.4% | ||
| Q1 25 | 18.1% | 53.9% | ||
| Q4 24 | 8.9% | 16.5% | ||
| Q3 24 | 16.6% | 15.8% | ||
| Q2 24 | 9.9% | 17.7% |
每股收益（稀释后）DOCNWING
| Q1 26 | — | $1.08 | ||
| Q4 25 | $0.23 | $0.99 | ||
| Q3 25 | $1.51 | $1.02 | ||
| Q2 25 | $0.39 | $0.96 | ||
| Q1 25 | $0.39 | $3.24 | ||
| Q4 24 | $0.21 | $0.91 | ||
| Q3 24 | $0.33 | $0.88 | ||
| Q2 24 | $0.20 | $0.93 |
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 | $128.8M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | — |
| 总资产 | $1.8B | $648.9M |
| 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DOCNWING
| Q1 26 | — | $128.8M | ||
| Q4 25 | $254.5M | $196.6M | ||
| Q3 25 | $236.6M | $237.6M | ||
| Q2 25 | $387.7M | $227.9M | ||
| Q1 25 | $360.4M | $251.4M | ||
| Q4 24 | $428.4M | $315.9M | ||
| Q3 24 | $439.9M | $84.0M | ||
| Q2 24 | $443.1M | $96.7M |
总债务DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | $-28.7M | $-736.8M | ||
| Q3 25 | $-69.6M | $-702.6M | ||
| Q2 25 | $-175.2M | $-686.0M | ||
| Q1 25 | $-210.7M | $-715.0M | ||
| Q4 24 | $-203.0M | $-675.6M | ||
| Q3 24 | $-211.7M | $-447.5M | ||
| Q2 24 | $-253.8M | $-437.5M |
总资产DOCNWING
| Q1 26 | — | $648.9M | ||
| Q4 25 | $1.8B | $693.4M | ||
| Q3 25 | $1.7B | $721.0M | ||
| Q2 25 | $1.7B | $708.3M | ||
| Q1 25 | $1.6B | $696.8M | ||
| Q4 24 | $1.6B | $716.2M | ||
| Q3 24 | $1.5B | $484.8M | ||
| Q2 24 | $1.5B | $451.8M |
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DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | $57.3M | $57.3M | ||
| Q3 25 | $95.8M | $63.9M | ||
| Q2 25 | $92.4M | $6.6M | ||
| Q1 25 | $64.1M | $25.3M | ||
| Q4 24 | $71.3M | $7.7M | ||
| Q3 24 | $73.4M | $69.0M | ||
| Q2 24 | $71.3M | $36.2M |
自由现金流DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | $31.1M | $34.5M | ||
| Q3 25 | $88.0M | $61.7M | ||
| Q2 25 | $59.3M | $-7.8M | ||
| Q1 25 | $2.1M | $17.3M | ||
| Q4 24 | $26.1M | $-8.6M | ||
| Q3 24 | $16.0M | $54.9M | ||
| Q2 24 | $39.5M | $25.9M |
自由现金流率DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | 12.8% | 19.6% | ||
| Q3 25 | 38.3% | 35.1% | ||
| Q2 25 | 27.1% | -4.5% | ||
| Q1 25 | 1.0% | 10.1% | ||
| Q4 24 | 12.7% | -5.3% | ||
| Q3 24 | 8.1% | 33.8% | ||
| Q2 24 | 20.5% | 16.6% |
资本支出强度DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | 13.0% | ||
| Q3 25 | 3.4% | 1.3% | ||
| Q2 25 | 15.2% | 8.2% | ||
| Q1 25 | 29.4% | 4.7% | ||
| Q4 24 | 22.1% | 10.1% | ||
| Q3 24 | 28.9% | 8.7% | ||
| Q2 24 | 16.6% | 6.6% |
现金转化率DOCNWING
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | 2.14× | ||
| Q3 25 | 0.60× | 2.24× | ||
| Q2 25 | 2.50× | 0.25× | ||
| Q1 25 | 1.68× | 0.27× | ||
| Q4 24 | 3.91× | 0.29× | ||
| Q3 24 | 2.23× | 2.68× | ||
| Q2 24 | 3.73× | 1.32× |
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% |
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
