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Doximity, Inc.（DOCS）与GCM Grosvenor Inc.（GCMG）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GCM Grosvenor Inc.的1.0倍（$185.1M vs $177.1M），Doximity, Inc.净利率更高（33.3% vs 32.8%，领先0.4%），Doximity, Inc.同比增速更快（9.8% vs 7.2%），过去两年GCM Grosvenor Inc.的营收复合增速更高（27.5% 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。
GCM Grosvenor是美国头部另类资产管理机构，截至2023年资产管理规模约760亿美元，拥有约530名专业人士，为全球机构及个人投资者提供定制化另类投资解决方案，覆盖私募股权、对冲基金、房地产、基础设施等多元资产类别。
DOCS vs GCMG — 直观对比
营收规模更大
DOCS
是对方的1.0倍
$177.1M
营收增速更快
DOCS
高出2.6%
7.2%
净利率更高
DOCS
高出0.4%
32.8%
两年增速更快
GCMG
近两年复合增速
25.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.1M | $177.1M |
| 净利润 | $61.6M | $58.2M |
| 毛利率 | 89.9% | — |
| 营业利润率 | 38.9% | 30.9% |
| 净利率 | 33.3% | 32.8% |
| 营收同比 | 9.8% | 7.2% |
| 净利润同比 | -18.1% | 149.2% |
| 每股收益（稀释后） | $0.31 | $0.23 |
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DOCSGCMG
| Q4 25 | $185.1M | $177.1M | ||
| Q3 25 | $168.5M | $135.0M | ||
| Q2 25 | $145.9M | $119.7M | ||
| Q1 25 | $138.3M | $125.8M | ||
| Q4 24 | $168.6M | $165.3M | ||
| Q3 24 | $136.8M | $122.9M | ||
| Q2 24 | $126.7M | $117.0M | ||
| Q1 24 | $118.1M | $108.9M |
净利润DOCSGCMG
| Q4 25 | $61.6M | $58.2M | ||
| Q3 25 | $62.1M | $10.5M | ||
| Q2 25 | $53.3M | $15.4M | ||
| Q1 25 | $62.5M | $463.0K | ||
| Q4 24 | $75.2M | $7.6M | ||
| Q3 24 | $44.2M | $4.2M | ||
| Q2 24 | $41.4M | $4.8M | ||
| Q1 24 | $40.6M | $2.1M |
毛利率DOCSGCMG
| 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DOCSGCMG
| Q4 25 | 38.9% | 30.9% | ||
| Q3 25 | 37.8% | 32.7% | ||
| Q2 25 | 37.4% | 16.1% | ||
| Q1 25 | 35.2% | 12.2% | ||
| Q4 24 | 47.4% | 26.4% | ||
| Q3 24 | 38.8% | 20.3% | ||
| Q2 24 | 36.4% | 17.8% | ||
| Q1 24 | 35.5% | -14.7% |
净利率DOCSGCMG
| Q4 25 | 33.3% | 32.8% | ||
| Q3 25 | 36.8% | 7.8% | ||
| Q2 25 | 36.5% | 12.9% | ||
| Q1 25 | 45.2% | 0.4% | ||
| Q4 24 | 44.6% | 4.6% | ||
| Q3 24 | 32.3% | 3.4% | ||
| Q2 24 | 32.7% | 4.1% | ||
| Q1 24 | 34.4% | 2.0% |
每股收益（稀释后）DOCSGCMG
| Q4 25 | $0.31 | $0.23 | ||
| Q3 25 | $0.31 | $0.16 | ||
| Q2 25 | $0.27 | $0.05 | ||
| Q1 25 | $0.31 | $-0.02 | ||
| Q4 24 | $0.37 | $0.09 | ||
| Q3 24 | $0.22 | $0.03 | ||
| Q2 24 | $0.21 | $0.04 | ||
| Q1 24 | $0.20 | $-0.13 |
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 | $242.1M |
| 总债务越低越好 | — | $428.4M |
| 股东权益账面价值 | $979.3M | $27.0M |
| 总资产 | $1.2B | $813.8M |
| 负债/权益比越低杠杆越低 | — | 15.87× |
8季度趋势，按日历期对齐
现金及短期投资DOCSGCMG
| Q4 25 | $64.8M | $242.1M | ||
| Q3 25 | $169.2M | $182.7M | ||
| Q2 25 | $137.3M | $136.3M | ||
| Q1 25 | $209.6M | $94.5M | ||
| Q4 24 | $165.3M | $89.5M | ||
| Q3 24 | $184.2M | $98.4M | ||
| Q2 24 | $111.4M | $73.9M | ||
| Q1 24 | $96.8M | $41.9M |
总债务DOCSGCMG
| Q4 25 | — | $428.4M | ||
| Q3 25 | — | $429.3M | ||
| Q2 25 | — | $430.2M | ||
| Q1 25 | — | $431.1M | ||
| Q4 24 | — | $432.0M | ||
| Q3 24 | — | $432.9M | ||
| Q2 24 | — | $433.8M | ||
| Q1 24 | — | $384.0M |
股东权益DOCSGCMG
| Q4 25 | $979.3M | $27.0M | ||
| Q3 25 | $1.1B | $-7.4M | ||
| Q2 25 | $1.0B | $-12.3M | ||
| Q1 25 | $1.1B | $-28.3M | ||
| Q4 24 | $1.0B | $-27.6M | ||
| Q3 24 | $961.2M | $-31.9M | ||
| Q2 24 | $913.6M | $-28.5M | ||
| Q1 24 | $901.4M | $-26.4M |
总资产DOCSGCMG
| Q4 25 | $1.2B | $813.8M | ||
| Q3 25 | $1.3B | $685.9M | ||
| Q2 25 | $1.2B | $636.9M | ||
| Q1 25 | $1.3B | $579.8M | ||
| Q4 24 | $1.2B | $612.7M | ||
| Q3 24 | $1.1B | $575.0M | ||
| Q2 24 | $1.1B | $543.9M | ||
| Q1 24 | $1.1B | $497.3M |
负债/权益比DOCSGCMG
| Q4 25 | — | 15.87× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $183.5M |
| 自由现金流经营现金流 - 资本支出 | — | $175.0M |
| 自由现金流率自由现金流/营收 | — | 98.8% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | 0.99× | 3.16× |
| 过去12个月自由现金流最近4个季度 | — | $326.2M |
8季度趋势，按日历期对齐
经营现金流DOCSGCMG
| Q4 25 | $60.9M | $183.5M | ||
| Q3 25 | $93.9M | $79.8M | ||
| Q2 25 | $62.1M | $42.0M | ||
| Q1 25 | $98.5M | $33.3M | ||
| Q4 24 | $65.2M | $148.8M | ||
| Q3 24 | $68.3M | $69.0M | ||
| Q2 24 | $41.2M | $17.5M | ||
| Q1 24 | $63.9M | $24.2M |
自由现金流DOCSGCMG
| Q4 25 | — | $175.0M | ||
| Q3 25 | — | $78.3M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | — | $32.1M | ||
| Q4 24 | — | $132.0M | ||
| Q3 24 | — | $62.2M | ||
| Q2 24 | — | $12.8M | ||
| Q1 24 | — | $20.0M |
自由现金流率DOCSGCMG
| Q4 25 | — | 98.8% | ||
| Q3 25 | — | 58.0% | ||
| Q2 25 | — | 34.1% | ||
| Q1 25 | — | 25.5% | ||
| Q4 24 | — | 79.9% | ||
| Q3 24 | — | 50.6% | ||
| Q2 24 | — | 10.9% | ||
| Q1 24 | — | 18.4% |
资本支出强度DOCSGCMG
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | 0.0% | 0.9% | ||
| Q4 24 | 0.0% | 10.1% | ||
| Q3 24 | 0.0% | 5.5% | ||
| Q2 24 | 0.0% | 4.0% | ||
| Q1 24 | 0.0% | 3.9% |
现金转化率DOCSGCMG
| Q4 25 | 0.99× | 3.16× | ||
| Q3 25 | 1.51× | 7.61× | ||
| Q2 25 | 1.16× | 2.72× | ||
| Q1 25 | 1.58× | 71.84× | ||
| Q4 24 | 0.87× | 19.54× | ||
| Q3 24 | 1.55× | 16.60× | ||
| Q2 24 | 1.00× | 3.64× | ||
| Q1 24 | 1.57× | 11.40× |
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% |
GCMG
| Asset Management1 | $108.6M | 61% |
| Management Service Incentive Performance Fees | $61.7M | 35% |
| Management Service Incentive Carried Interest | $5.1M | 3% |
| Service Other | $1.8M | 1% |
