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Doximity, Inc.（DOCS）与Strategic Education, Inc.（STRA）财务数据对比。点击上方公司名可切换其他公司
Strategic Education, Inc.的季度营收约是Doximity, Inc.的1.7倍（$305.9M vs $185.1M），Doximity, Inc.净利率更高（33.3% vs 10.7%，领先22.5%），Doximity, Inc.同比增速更快（9.8% vs 0.8%），过去两年Doximity, Inc.的营收复合增速更高（25.2% vs -1.0%）
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。
Strategic Education, Inc.（简称SEI）是一家教育服务控股企业，前身为斯特雷尔教育公司。旗下拥有营利性在线院校卡佩拉大学、斯特雷尔大学，还运营着DevMountain、Hackbright学院、Sophia Learning等提供非学位课程的教育机构。
DOCS vs STRA — 直观对比
营收规模更大
STRA
是对方的1.7倍
$185.1M
营收增速更快
DOCS
高出9.0%
0.8%
净利率更高
DOCS
高出22.5%
10.7%
两年增速更快
DOCS
近两年复合增速
-1.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $185.1M | $305.9M |
| 净利润 | $61.6M | $32.8M |
| 毛利率 | 89.9% | — |
| 营业利润率 | 38.9% | 13.4% |
| 净利率 | 33.3% | 10.7% |
| 营收同比 | 9.8% | 0.8% |
| 净利润同比 | -18.1% | 10.3% |
| 每股收益（稀释后） | $0.31 | $1.48 |
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DOCSSTRA
| Q1 26 | — | $305.9M | ||
| Q4 25 | $185.1M | $323.2M | ||
| Q3 25 | $168.5M | $319.9M | ||
| Q2 25 | $145.9M | $321.5M | ||
| Q1 25 | $138.3M | $303.6M | ||
| Q4 24 | $168.6M | $311.5M | ||
| Q3 24 | $136.8M | $306.0M | ||
| Q2 24 | $126.7M | $312.3M |
净利润DOCSSTRA
| Q1 26 | — | $32.8M | ||
| Q4 25 | $61.6M | $37.9M | ||
| Q3 25 | $62.1M | $26.6M | ||
| Q2 25 | $53.3M | $32.3M | ||
| Q1 25 | $62.5M | $29.7M | ||
| Q4 24 | $75.2M | $25.3M | ||
| Q3 24 | $44.2M | $27.7M | ||
| Q2 24 | $41.4M | $29.9M |
毛利率DOCSSTRA
| 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DOCSSTRA
| Q1 26 | — | 13.4% | ||
| Q4 25 | 38.9% | 16.0% | ||
| Q3 25 | 37.8% | 11.6% | ||
| Q2 25 | 37.4% | 14.2% | ||
| Q1 25 | 35.2% | 13.1% | ||
| Q4 24 | 47.4% | 11.6% | ||
| Q3 24 | 38.8% | 11.9% | ||
| Q2 24 | 36.4% | 13.4% |
净利率DOCSSTRA
| Q1 26 | — | 10.7% | ||
| Q4 25 | 33.3% | 11.7% | ||
| Q3 25 | 36.8% | 8.3% | ||
| Q2 25 | 36.5% | 10.1% | ||
| Q1 25 | 45.2% | 9.8% | ||
| Q4 24 | 44.6% | 8.1% | ||
| Q3 24 | 32.3% | 9.1% | ||
| Q2 24 | 32.7% | 9.6% |
每股收益（稀释后）DOCSSTRA
| Q1 26 | — | $1.48 | ||
| Q4 25 | $0.31 | $1.65 | ||
| Q3 25 | $0.31 | $1.15 | ||
| Q2 25 | $0.27 | $1.37 | ||
| Q1 25 | $0.31 | $1.24 | ||
| Q4 24 | $0.37 | $1.05 | ||
| Q3 24 | $0.22 | $1.15 | ||
| Q2 24 | $0.21 | $1.24 |
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 | $150.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $979.3M | $1.6B |
| 总资产 | $1.2B | $2.1B |
| 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DOCSSTRA
| Q1 26 | — | $150.3M | ||
| Q4 25 | $64.8M | $148.1M | ||
| Q3 25 | $169.2M | $172.6M | ||
| Q2 25 | $137.3M | $164.9M | ||
| Q1 25 | $209.6M | $182.6M | ||
| Q4 24 | $165.3M | $184.0M | ||
| Q3 24 | $184.2M | $222.1M | ||
| Q2 24 | $111.4M | $256.2M |
股东权益DOCSSTRA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $979.3M | $1.6B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $961.2M | $1.7B | ||
| Q2 24 | $913.6M | $1.7B |
总资产DOCSSTRA
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $1.3B | $2.1B | ||
| Q2 25 | $1.2B | $2.1B | ||
| Q1 25 | $1.3B | $2.1B | ||
| Q4 24 | $1.2B | $2.0B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $1.1B | $2.2B |
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 | $87.4M |
| 自由现金流经营现金流 - 资本支出 | — | $77.3M |
| 自由现金流率自由现金流/营收 | — | 25.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.99× | 2.66× |
| 过去12个月自由现金流最近4个季度 | — | $173.9M |
8季度趋势，按日历期对齐
经营现金流DOCSSTRA
| Q1 26 | — | $87.4M | ||
| Q4 25 | $60.9M | $39.2M | ||
| Q3 25 | $93.9M | $60.1M | ||
| Q2 25 | $62.1M | $31.2M | ||
| Q1 25 | $98.5M | $67.7M | ||
| Q4 24 | $65.2M | $15.9M | ||
| Q3 24 | $68.3M | $51.5M | ||
| Q2 24 | $41.2M | $24.3M |
自由现金流DOCSSTRA
| Q1 26 | — | $77.3M | ||
| Q4 25 | — | $27.0M | ||
| Q3 25 | — | $49.3M | ||
| Q2 25 | — | $20.4M | ||
| Q1 25 | — | $57.3M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $42.1M | ||
| Q2 24 | — | $13.6M |
自由现金流率DOCSSTRA
| Q1 26 | — | 25.3% | ||
| Q4 25 | — | 8.3% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 18.9% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 4.3% |
资本支出强度DOCSSTRA
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | 0.0% | 3.4% | ||
| Q4 24 | 0.0% | 3.6% | ||
| Q3 24 | 0.0% | 3.1% | ||
| Q2 24 | 0.0% | 3.4% |
现金转化率DOCSSTRA
| Q1 26 | — | 2.66× | ||
| Q4 25 | 0.99× | 1.03× | ||
| Q3 25 | 1.51× | 2.26× | ||
| Q2 25 | 1.16× | 0.97× | ||
| Q1 25 | 1.58× | 2.27× | ||
| Q4 24 | 0.87× | 0.63× | ||
| Q3 24 | 1.55× | 1.86× | ||
| Q2 24 | 1.00× | 0.81× |
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% |
STRA
| U.S. Higher Education | $212.6M | 69% |
| Australia/New Zealand | $51.8M | 17% |
| Education Technology Services | $41.5M | 14% |
