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DigitalOcean Holdings, Inc.（DOCN）与Zoom Communications, Inc.（ZM）财务数据对比。点击上方公司名可切换其他公司
Zoom Communications, Inc.的季度营收约是DigitalOcean Holdings, Inc.的5.1倍（$1.2B vs $242.4M）。Zoom Communications, Inc.净利率更高（49.8% vs 10.6%，领先39.2%）。DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 4.4%）。Zoom Communications, Inc.自由现金流更多（$614.3M vs $31.1M）。过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 3.6%）
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。
Zoom是总部位于美国加利福尼亚州圣何塞的通信技术企业，旗下核心产品Zoom视频会议软件全球普及度极高，可为企业及个人用户提供高清稳定的远程音视频沟通、线上会议、协同办公等一站式数字化协作解决方案。
DOCN vs ZM — 直观对比
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $1.2B |
| 净利润 | $25.7M | $612.9M |
| 毛利率 | 58.7% | 77.9% |
| 营业利润率 | 16.0% | 25.2% |
| 净利率 | 10.6% | 49.8% |
| 营收同比 | 18.3% | 4.4% |
| 净利润同比 | 40.5% | 196.0% |
| 每股收益（稀释后） | $0.23 | $2.01 |
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 | $1.2B | ||
| Q3 25 | $229.6M | $1.2B | ||
| Q2 25 | $218.7M | $1.2B | ||
| Q1 25 | $210.7M | $1.2B | ||
| Q4 24 | $204.9M | $1.2B | ||
| Q3 24 | $198.5M | $1.2B | ||
| Q2 24 | $192.5M | $1.1B | ||
| Q1 24 | $184.7M | $1.1B |
| Q4 25 | $25.7M | $612.9M | ||
| Q3 25 | $158.4M | $358.6M | ||
| Q2 25 | $37.0M | $254.6M | ||
| Q1 25 | $38.2M | $367.9M | ||
| Q4 24 | $18.3M | $207.1M | ||
| Q3 24 | $32.9M | $219.0M | ||
| Q2 24 | $19.1M | $216.3M | ||
| Q1 24 | $14.1M | $298.8M |
| Q4 25 | 58.7% | 77.9% | ||
| Q3 25 | 59.6% | 77.6% | ||
| Q2 25 | 59.9% | 76.3% | ||
| Q1 25 | 61.4% | 75.7% | ||
| Q4 24 | 57.1% | 75.9% | ||
| Q3 24 | 60.2% | 75.5% | ||
| Q2 24 | 61.0% | 76.1% | ||
| Q1 24 | 60.7% | 75.9% |
| Q4 25 | 16.0% | 25.2% | ||
| Q3 25 | 19.6% | 26.4% | ||
| Q2 25 | 16.3% | 20.6% | ||
| Q1 25 | 17.9% | 19.0% | ||
| Q4 24 | 15.9% | 15.5% | ||
| Q3 24 | 12.4% | 17.4% | ||
| Q2 24 | 11.6% | 17.8% | ||
| Q1 24 | 6.2% | 14.7% |
| Q4 25 | 10.6% | 49.8% | ||
| Q3 25 | 69.0% | 29.5% | ||
| Q2 25 | 16.9% | 21.7% | ||
| Q1 25 | 18.1% | 31.1% | ||
| Q4 24 | 8.9% | 17.6% | ||
| Q3 24 | 16.6% | 18.8% | ||
| Q2 24 | 9.9% | 19.0% | ||
| Q1 24 | 7.7% | 26.1% |
| Q4 25 | $0.23 | $2.01 | ||
| Q3 25 | $1.51 | $1.16 | ||
| Q2 25 | $0.39 | $0.81 | ||
| Q1 25 | $0.39 | $1.16 | ||
| Q4 24 | $0.21 | $0.66 | ||
| Q3 24 | $0.33 | $0.70 | ||
| Q2 24 | $0.20 | $0.69 | ||
| Q1 24 | $0.15 | $0.98 |
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 | $1.2B |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-28.7M | $9.3B |
| 总资产 | $1.8B | $11.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $254.5M | $1.2B | ||
| Q3 25 | $236.6M | $1.2B | ||
| Q2 25 | $387.7M | $1.2B | ||
| Q1 25 | $360.4M | $1.3B | ||
| Q4 24 | $428.4M | $1.3B | ||
| Q3 24 | $439.9M | $1.5B | ||
| Q2 24 | $443.1M | $1.9B | ||
| Q1 24 | $419.1M | $1.6B |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-28.7M | $9.3B | ||
| Q3 25 | $-69.6M | $9.0B | ||
| Q2 25 | $-175.2M | $8.9B | ||
| Q1 25 | $-210.7M | $8.9B | ||
| Q4 24 | $-203.0M | $8.7B | ||
| Q3 24 | $-211.7M | $8.5B | ||
| Q2 24 | $-253.8M | $8.3B | ||
| Q1 24 | $-286.1M | $8.0B |
| Q4 25 | $1.8B | $11.4B | ||
| Q3 25 | $1.7B | $11.0B | ||
| Q2 25 | $1.7B | $11.0B | ||
| Q1 25 | $1.6B | $11.0B | ||
| Q4 24 | $1.6B | $10.7B | ||
| Q3 24 | $1.5B | $10.5B | ||
| Q2 24 | $1.5B | $10.3B | ||
| Q1 24 | $1.5B | $9.9B |
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 | $629.3M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $614.3M |
| 自由现金流率自由现金流/营收 | 12.8% | 50.0% |
| 资本支出强度资本支出/营收 | 10.8% | 1.2% |
| 现金转化率经营现金流/净利润 | 2.23× | 1.03× |
| 过去12个月自由现金流最近4个季度 | $180.5M | $2.0B |
8季度趋势，按日历期对齐
| Q4 25 | $57.3M | $629.3M | ||
| Q3 25 | $95.8M | $515.9M | ||
| Q2 25 | $92.4M | $489.3M | ||
| Q1 25 | $64.1M | $424.6M | ||
| Q4 24 | $71.3M | $483.2M | ||
| Q3 24 | $73.4M | $449.3M | ||
| Q2 24 | $71.3M | $588.2M | ||
| Q1 24 | $66.7M | $351.2M |
| Q4 25 | $31.1M | $614.3M | ||
| Q3 25 | $88.0M | $508.0M | ||
| Q2 25 | $59.3M | $463.4M | ||
| Q1 25 | $2.1M | $416.2M | ||
| Q4 24 | $26.1M | $457.7M | ||
| Q3 24 | $16.0M | $365.1M | ||
| Q2 24 | $39.5M | $569.7M | ||
| Q1 24 | $23.0M | $332.7M |
| Q4 25 | 12.8% | 50.0% | ||
| Q3 25 | 38.3% | 41.7% | ||
| Q2 25 | 27.1% | 39.4% | ||
| Q1 25 | 1.0% | 35.2% | ||
| Q4 24 | 12.7% | 38.9% | ||
| Q3 24 | 8.1% | 31.4% | ||
| Q2 24 | 20.5% | 49.9% | ||
| Q1 24 | 12.5% | 29.0% |
| Q4 25 | 10.8% | 1.2% | ||
| Q3 25 | 3.4% | 0.7% | ||
| Q2 25 | 15.2% | 2.2% | ||
| Q1 25 | 29.4% | 0.7% | ||
| Q4 24 | 22.1% | 2.2% | ||
| Q3 24 | 28.9% | 7.2% | ||
| Q2 24 | 16.6% | 1.6% | ||
| Q1 24 | 23.6% | 1.6% |
| Q4 25 | 2.23× | 1.03× | ||
| Q3 25 | 0.60× | 1.44× | ||
| Q2 25 | 2.50× | 1.92× | ||
| Q1 25 | 1.68× | 1.15× | ||
| Q4 24 | 3.91× | 2.33× | ||
| Q3 24 | 2.23× | 2.05× | ||
| Q2 24 | 3.73× | 2.72× | ||
| Q1 24 | 4.72× | 1.18× |
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% |
ZM
暂无分部数据
