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Doximity, Inc.（DOCS）与Hess Midstream LP（HESM）财务数据对比。点击上方公司名可切换其他公司
Hess Midstream LP的季度营收约是Doximity, Inc.的1.1倍（$204.1M vs $185.1M），Hess Midstream LP净利率更高（77.3% vs 33.3%，领先44.0%），Doximity, Inc.同比增速更快（9.8% vs 2.1%），过去两年Doximity, Inc.的营收复合增速更高（25.2% vs -25.3%）
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。
赫斯是美国全球化独立能源企业，主要从事原油与天然气的勘探、生产业务。公司于1968年由赫斯石油化工和阿美拉达石油合并成立，2023年10月同意被雪佛龙收购，相关交易已于2025年7月完成交割。
DOCS vs HESM — 直观对比
营收规模更大
HESM
是对方的1.1倍
$185.1M
营收增速更快
DOCS
高出7.6%
2.1%
净利率更高
HESM
高出44.0%
33.3%
两年增速更快
DOCS
近两年复合增速
-25.3%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $185.1M | $204.1M |
| 净利润 | $61.6M | $157.7M |
| 毛利率 | 89.9% | — |
| 营业利润率 | 38.9% | 116.7% |
| 净利率 | 33.3% | 77.3% |
| 营收同比 | 9.8% | 2.1% |
| 净利润同比 | -18.1% | -2.3% |
| 每股收益（稀释后） | $0.31 | $0.68 |
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DOCSHESM
| Q1 26 | — | $204.1M | ||
| Q4 25 | $185.1M | $404.2M | ||
| Q3 25 | $168.5M | $420.9M | ||
| Q2 25 | $145.9M | $414.2M | ||
| Q1 25 | $138.3M | $382.0M | ||
| Q4 24 | $168.6M | $395.9M | ||
| Q3 24 | $136.8M | $378.5M | ||
| Q2 24 | $126.7M | $365.5M |
净利润DOCSHESM
| Q1 26 | — | $157.7M | ||
| Q4 25 | $61.6M | $93.3M | ||
| Q3 25 | $62.1M | $97.7M | ||
| Q2 25 | $53.3M | $90.3M | ||
| Q1 25 | $62.5M | $71.6M | ||
| Q4 24 | $75.2M | $70.4M | ||
| Q3 24 | $44.2M | $58.6M | ||
| Q2 24 | $41.4M | $49.5M |
毛利率DOCSHESM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率DOCSHESM
| Q1 26 | — | 116.7% | ||
| Q4 25 | 38.9% | 62.2% | ||
| Q3 25 | 37.8% | 61.5% | ||
| Q2 25 | 37.4% | 62.8% | ||
| Q1 25 | 35.2% | 62.1% | ||
| Q4 24 | 47.4% | 61.4% | ||
| Q3 24 | 38.8% | 61.2% | ||
| Q2 24 | 36.4% | 60.8% |
净利率DOCSHESM
| Q1 26 | — | 77.3% | ||
| Q4 25 | 33.3% | 23.1% | ||
| Q3 25 | 36.8% | 23.2% | ||
| Q2 25 | 36.5% | 21.8% | ||
| Q1 25 | 45.2% | 18.7% | ||
| Q4 24 | 44.6% | 17.8% | ||
| Q3 24 | 32.3% | 15.5% | ||
| Q2 24 | 32.7% | 13.5% |
每股收益（稀释后）DOCSHESM
| Q1 26 | — | $0.68 | ||
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.31 | — | ||
| Q2 25 | $0.27 | — | ||
| Q1 25 | $0.31 | — | ||
| Q4 24 | $0.37 | — | ||
| Q3 24 | $0.22 | — | ||
| Q2 24 | $0.21 | — |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $979.3M | — |
| 总资产 | $1.2B | — |
| 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DOCSHESM
| Q1 26 | — | — | ||
| Q4 25 | $64.8M | $1.9M | ||
| Q3 25 | $169.2M | $5.5M | ||
| Q2 25 | $137.3M | $4.5M | ||
| Q1 25 | $209.6M | $6.1M | ||
| Q4 24 | $165.3M | $4.3M | ||
| Q3 24 | $184.2M | $10.3M | ||
| Q2 24 | $111.4M | $99.6M |
总债务DOCSHESM
| Q1 26 | — | — | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DOCSHESM
| Q1 26 | — | — | ||
| Q4 25 | $979.3M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $961.2M | — | ||
| Q2 24 | $913.6M | — |
总资产DOCSHESM
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $4.4B | ||
| Q3 25 | $1.3B | $4.4B | ||
| Q2 25 | $1.2B | $4.4B | ||
| Q1 25 | $1.3B | $4.3B | ||
| Q4 24 | $1.2B | $4.2B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $1.1B | $4.1B |
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 | $253.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 51.4% |
| 现金转化率经营现金流/净利润 | 0.99× | 1.61× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DOCSHESM
| Q1 26 | — | $253.3M | ||
| Q4 25 | $60.9M | $245.6M | ||
| Q3 25 | $93.9M | $258.9M | ||
| Q2 25 | $62.1M | $276.9M | ||
| Q1 25 | $98.5M | $202.4M | ||
| Q4 24 | $65.2M | $258.5M | ||
| Q3 24 | $68.3M | $224.9M | ||
| Q2 24 | $41.2M | $271.6M |
自由现金流DOCSHESM
| Q1 26 | — | — | ||
| Q4 25 | — | $178.9M | ||
| Q3 25 | — | $178.9M | ||
| Q2 25 | — | $213.5M | ||
| Q1 25 | — | $156.9M | ||
| Q4 24 | — | $163.4M | ||
| Q3 24 | — | $132.6M | ||
| Q2 24 | — | $207.7M |
自由现金流率DOCSHESM
| Q1 26 | — | — | ||
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 42.5% | ||
| Q2 25 | — | 51.5% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 41.3% | ||
| Q3 24 | — | 35.0% | ||
| Q2 24 | — | 56.8% |
资本支出强度DOCSHESM
| Q1 26 | — | 51.4% | ||
| Q4 25 | — | 16.5% | ||
| Q3 25 | — | 19.0% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | 0.0% | 11.9% | ||
| Q4 24 | 0.0% | 24.0% | ||
| Q3 24 | 0.0% | 24.4% | ||
| Q2 24 | 0.0% | 17.5% |
现金转化率DOCSHESM
| Q1 26 | — | 1.61× | ||
| Q4 25 | 0.99× | 2.63× | ||
| Q3 25 | 1.51× | 2.65× | ||
| Q2 25 | 1.16× | 3.07× | ||
| Q1 25 | 1.58× | 2.83× | ||
| Q4 24 | 0.87× | 3.67× | ||
| Q3 24 | 1.55× | 3.84× | ||
| Q2 24 | 1.00× | 5.49× |
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% |
HESM
| Affiliate services | $197.9M | 97% |
| Third-party services | $6.2M | 3% |
