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Doximity, Inc.（DOCS）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
Doximity, Inc.的季度营收约是FTAI Infrastructure Inc.的1.3倍（$185.1M vs $143.5M），Doximity, Inc.净利率更高（33.3% vs -68.1%，领先101.4%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 9.8%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 25.2%）
Doximity Inc成立于2010年，是面向医疗专业人士的线上社交服务平台，为平台会员提供精选医疗资讯、远程医疗工具，以及病例协作相关功能，助力医疗从业者高效交流信息、开展诊疗相关工作。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
DOCS vs FIP — 直观对比
营收规模更大
DOCS
是对方的1.3倍
$143.5M
营收增速更快
FIP
高出67.9%
9.8%
净利率更高
DOCS
高出101.4%
-68.1%
两年增速更快
FIP
近两年复合增速
25.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.1M | $143.5M |
| 净利润 | $61.6M | $-97.7M |
| 毛利率 | 89.9% | — |
| 营业利润率 | 38.9% | -45.7% |
| 净利率 | 33.3% | -68.1% |
| 营收同比 | 9.8% | 77.7% |
| 净利润同比 | -18.1% | 21.6% |
| 每股收益（稀释后） | $0.31 | $-1.04 |
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DOCSFIP
| Q4 25 | $185.1M | $143.5M | ||
| Q3 25 | $168.5M | $140.6M | ||
| Q2 25 | $145.9M | $122.3M | ||
| Q1 25 | $138.3M | $96.2M | ||
| Q4 24 | $168.6M | $80.8M | ||
| Q3 24 | $136.8M | $83.3M | ||
| Q2 24 | $126.7M | $84.9M | ||
| Q1 24 | $118.1M | $82.5M |
净利润DOCSFIP
| Q4 25 | $61.6M | $-97.7M | ||
| Q3 25 | $62.1M | $-104.5M | ||
| Q2 25 | $53.3M | $-70.0M | ||
| Q1 25 | $62.5M | $120.2M | ||
| Q4 24 | $75.2M | $-124.7M | ||
| Q3 24 | $44.2M | $-43.0M | ||
| Q2 24 | $41.4M | $-48.1M | ||
| Q1 24 | $40.6M | $-50.3M |
毛利率DOCSFIP
| Q4 25 | 89.9% | — | ||
| Q3 25 | 90.3% | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | 89.5% | — | ||
| Q4 24 | 91.6% | — | ||
| Q3 24 | 90.0% | — | ||
| Q2 24 | 89.3% | — | ||
| Q1 24 | 89.4% | — |
营业利润率DOCSFIP
| Q4 25 | 38.9% | -45.7% | ||
| Q3 25 | 37.8% | -70.8% | ||
| Q2 25 | 37.4% | -56.4% | ||
| Q1 25 | 35.2% | 81.8% | ||
| Q4 24 | 47.4% | -152.7% | ||
| Q3 24 | 38.8% | -51.7% | ||
| Q2 24 | 36.4% | -56.4% | ||
| Q1 24 | 35.5% | -58.8% |
净利率DOCSFIP
| Q4 25 | 33.3% | -68.1% | ||
| Q3 25 | 36.8% | -74.4% | ||
| Q2 25 | 36.5% | -57.2% | ||
| Q1 25 | 45.2% | 125.0% | ||
| Q4 24 | 44.6% | -154.4% | ||
| Q3 24 | 32.3% | -51.6% | ||
| Q2 24 | 32.7% | -56.7% | ||
| Q1 24 | 34.4% | -60.9% |
每股收益（稀释后）DOCSFIP
| Q4 25 | $0.31 | $-1.04 | ||
| Q3 25 | $0.31 | $-1.38 | ||
| Q2 25 | $0.27 | $-0.73 | ||
| Q1 25 | $0.31 | $0.89 | ||
| Q4 24 | $0.37 | $-1.21 | ||
| Q3 24 | $0.22 | $-0.45 | ||
| Q2 24 | $0.21 | $-0.52 | ||
| Q1 24 | $0.20 | $-0.54 |
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 | $64.8M | $57.4M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $979.3M | $21.3M |
| 总资产 | $1.2B | $5.7B |
| 负债/权益比越低杠杆越低 | — | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资DOCSFIP
| Q4 25 | $64.8M | $57.4M | ||
| Q3 25 | $169.2M | $34.7M | ||
| Q2 25 | $137.3M | $33.6M | ||
| Q1 25 | $209.6M | $26.3M | ||
| Q4 24 | $165.3M | $27.8M | ||
| Q3 24 | $184.2M | $20.3M | ||
| Q2 24 | $111.4M | $33.1M | ||
| Q1 24 | $96.8M | $23.0M |
总债务DOCSFIP
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.3B |
股东权益DOCSFIP
| Q4 25 | $979.3M | $21.3M | ||
| Q3 25 | $1.1B | $181.1M | ||
| Q2 25 | $1.0B | $375.5M | ||
| Q1 25 | $1.1B | $476.2M | ||
| Q4 24 | $1.0B | $202.7M | ||
| Q3 24 | $961.2M | $370.8M | ||
| Q2 24 | $913.6M | $394.8M | ||
| Q1 24 | $901.4M | $402.5M |
总资产DOCSFIP
| Q4 25 | $1.2B | $5.7B | ||
| Q3 25 | $1.3B | $5.5B | ||
| Q2 25 | $1.2B | $4.4B | ||
| Q1 25 | $1.3B | $4.1B | ||
| Q4 24 | $1.2B | $2.4B | ||
| Q3 24 | $1.1B | $2.4B | ||
| Q2 24 | $1.1B | $2.5B | ||
| Q1 24 | $1.1B | $2.3B |
负债/权益比DOCSFIP
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | — | 3.34× |
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 | $60.9M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-68.6M |
| 自由现金流率自由现金流/营收 | — | -47.8% |
| 资本支出强度资本支出/营收 | — | 45.9% |
| 现金转化率经营现金流/净利润 | 0.99× | — |
| 过去12个月自由现金流最近4个季度 | — | $-398.5M |
8季度趋势，按日历期对齐
经营现金流DOCSFIP
| Q4 25 | $60.9M | $-2.8M | ||
| Q3 25 | $93.9M | $-24.4M | ||
| Q2 25 | $62.1M | $-5.2M | ||
| Q1 25 | $98.5M | $-85.7M | ||
| Q4 24 | $65.2M | $-8.1M | ||
| Q3 24 | $68.3M | $14.2M | ||
| Q2 24 | $41.2M | $-17.6M | ||
| Q1 24 | $63.9M | $-3.9M |
自由现金流DOCSFIP
| Q4 25 | — | $-68.6M | ||
| Q3 25 | — | $-90.7M | ||
| Q2 25 | — | $-87.5M | ||
| Q1 25 | — | $-151.7M | ||
| Q4 24 | — | $-34.3M | ||
| Q3 24 | — | $-11.7M | ||
| Q2 24 | — | $-32.1M | ||
| Q1 24 | — | $-16.7M |
自由现金流率DOCSFIP
| Q4 25 | — | -47.8% | ||
| Q3 25 | — | -64.5% | ||
| Q2 25 | — | -71.6% | ||
| Q1 25 | — | -157.7% | ||
| Q4 24 | — | -42.4% | ||
| Q3 24 | — | -14.0% | ||
| Q2 24 | — | -37.9% | ||
| Q1 24 | — | -20.3% |
资本支出强度DOCSFIP
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 67.3% | ||
| Q1 25 | 0.0% | 68.6% | ||
| Q4 24 | 0.0% | 32.5% | ||
| Q3 24 | 0.0% | 31.1% | ||
| Q2 24 | 0.0% | 17.2% | ||
| Q1 24 | 0.0% | 15.6% |
现金转化率DOCSFIP
| Q4 25 | 0.99× | — | ||
| Q3 25 | 1.51× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.58× | -0.71× | ||
| Q4 24 | 0.87× | — | ||
| Q3 24 | 1.55× | — | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 1.57× | — |
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
DOCS
| Subscription | $175.4M | 95% |
| Service Other | $9.7M | 5% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
