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Direct Digital Holdings, Inc.（DRCT）与Fluent, Inc.（FLNT）财务数据对比。点击上方公司名可切换其他公司
Fluent, Inc.的季度营收约是Direct Digital Holdings, Inc.的7.4倍（$61.8M vs $8.4M）。Fluent, Inc.净利率更高（-6.7% vs -138.7%，领先132.0%）。Fluent, Inc.同比增速更快（-5.5% vs -7.4%）。过去两年Fluent, Inc.的营收复合增速更高（-3.2% vs -38.6%）
Devolver Digital是一家总部位于美国得克萨斯州奥斯汀的电子游戏发行商，专注于独立游戏发行业务。公司由奈杰尔·劳里等五名曾就职于知名游戏发行公司Gathering of Developers和Gamecock Media Group的高管，于2009年6月创立，以对开发者友好的合作模式著称。
THG Fluently前身为Language Connect，是THG Ingenuity旗下的翻译与语言本地化服务品牌，可为客户提供笔译、口译、本地化、配音、转录以及多语种搜索引擎优化等一系列语言相关服务，满足全球客户不同场景的多元语言需求。
DRCT vs FLNT — 直观对比
营收规模更大
FLNT
是对方的7.4倍
$8.4M
营收增速更快
FLNT
高出1.9%
-7.4%
净利率更高
FLNT
高出132.0%
-138.7%
两年增速更快
FLNT
近两年复合增速
-38.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $8.4M | $61.8M |
| 净利润 | $-11.7M | $-4.1M |
| 毛利率 | 26.8% | — |
| 营业利润率 | -53.4% | 0.3% |
| 净利率 | -138.7% | -6.7% |
| 营收同比 | -7.4% | -5.5% |
| 净利润同比 | -434.7% | -20.1% |
| 每股收益（稀释后） | $-74.97 | $-0.09 |
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DRCTFLNT
| Q4 25 | $8.4M | $61.8M | ||
| Q3 25 | $8.0M | $47.0M | ||
| Q2 25 | $10.1M | $44.7M | ||
| Q1 25 | $8.2M | $55.2M | ||
| Q4 24 | $9.1M | $65.4M | ||
| Q3 24 | $9.1M | $64.5M | ||
| Q2 24 | $21.9M | $58.7M | ||
| Q1 24 | $22.3M | $66.0M |
净利润DRCTFLNT
| Q4 25 | $-11.7M | $-4.1M | ||
| Q3 25 | $-2.7M | $-7.6M | ||
| Q2 25 | $-2.2M | $-7.2M | ||
| Q1 25 | $-2.4M | $-8.3M | ||
| Q4 24 | $-2.2M | $-3.4M | ||
| Q3 24 | $-2.7M | $-7.9M | ||
| Q2 24 | $-590.0K | $-11.6M | ||
| Q1 24 | $-775.0K | $-6.3M |
毛利率DRCTFLNT
| Q4 25 | 26.8% | — | ||
| Q3 25 | 27.7% | — | ||
| Q2 25 | 35.1% | — | ||
| Q1 25 | 29.3% | — | ||
| Q4 24 | 32.5% | — | ||
| Q3 24 | 38.7% | — | ||
| Q2 24 | 27.1% | — | ||
| Q1 24 | 22.4% | — |
营业利润率DRCTFLNT
| Q4 25 | -53.4% | 0.3% | ||
| Q3 25 | -49.0% | -13.4% | ||
| Q2 25 | -23.9% | -15.9% | ||
| Q1 25 | -48.1% | -12.8% | ||
| Q4 24 | -51.8% | -8.3% | ||
| Q3 24 | -40.3% | -6.0% | ||
| Q2 24 | -9.4% | -17.7% | ||
| Q1 24 | -12.6% | -6.0% |
净利率DRCTFLNT
| Q4 25 | -138.7% | -6.7% | ||
| Q3 25 | -33.6% | -16.1% | ||
| Q2 25 | -22.2% | -16.2% | ||
| Q1 25 | -28.9% | -15.0% | ||
| Q4 24 | -24.0% | -5.2% | ||
| Q3 24 | -29.6% | -12.3% | ||
| Q2 24 | -2.7% | -19.8% | ||
| Q1 24 | -3.5% | -9.5% |
每股收益（稀释后）DRCTFLNT
| Q4 25 | $-74.97 | $-0.09 | ||
| Q3 25 | $-0.24 | $-0.27 | ||
| Q2 25 | $-0.23 | $-0.30 | ||
| Q1 25 | $-0.35 | $-0.39 | ||
| Q4 24 | $-90.17 | $-0.12 | ||
| Q3 24 | $-0.71 | $-0.48 | ||
| Q2 24 | $-0.16 | $-0.75 | ||
| Q1 24 | $-0.22 | $-0.45 |
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 | $728.0K | $12.9M |
| 总债务越低越好 | — | $34.6M |
| 股东权益账面价值 | $-7.0M | $18.2M |
| 总资产 | $20.2M | $89.1M |
| 负债/权益比越低杠杆越低 | — | 1.90× |
8季度趋势，按日历期对齐
现金及短期投资DRCTFLNT
| Q4 25 | $728.0K | $12.9M | ||
| Q3 25 | $871.0K | $9.2M | ||
| Q2 25 | $1.6M | $4.9M | ||
| Q1 25 | $1.8M | $4.8M | ||
| Q4 24 | $1.4M | $9.4M | ||
| Q3 24 | $4.1M | $6.6M | ||
| Q2 24 | $1.1M | $5.0M | ||
| Q1 24 | $3.3M | $11.7M |
总债务DRCTFLNT
| Q4 25 | — | $34.6M | ||
| Q3 25 | $10.8M | $26.0M | ||
| Q2 25 | $33.5M | $23.2M | ||
| Q1 25 | $32.9M | $25.6M | ||
| Q4 24 | — | $35.6M | ||
| Q3 24 | $150.0K | $37.9M | ||
| Q2 24 | $34.8M | $33.3M | ||
| Q1 24 | $32.4M | $31.0M |
股东权益DRCTFLNT
| Q4 25 | $-7.0M | $18.2M | ||
| Q3 25 | $-6.7M | $21.6M | ||
| Q2 25 | $-24.6M | $19.1M | ||
| Q1 25 | $-23.3M | $22.0M | ||
| Q4 24 | $-19.7M | $25.0M | ||
| Q3 24 | $-16.7M | $20.0M | ||
| Q2 24 | $-10.5M | $27.5M | ||
| Q1 24 | $-7.5M | $28.7M |
总资产DRCTFLNT
| Q4 25 | $20.2M | $89.1M | ||
| Q3 25 | $22.5M | $76.1M | ||
| Q2 25 | $23.3M | $74.5M | ||
| Q1 25 | $23.8M | $77.5M | ||
| Q4 24 | $26.0M | $93.6M | ||
| Q3 24 | $31.3M | $77.5M | ||
| Q2 24 | $48.5M | $98.5M | ||
| Q1 24 | $52.8M | $103.6M |
负债/权益比DRCTFLNT
| Q4 25 | — | 1.90× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.21× | ||
| Q1 25 | — | 1.16× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.21× | ||
| Q1 24 | — | 1.08× |
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 | $-1.9M | $2.8M |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 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DRCTFLNT
| Q4 25 | $-1.9M | $2.8M | ||
| Q3 25 | $-1.6M | $-7.3M | ||
| Q2 25 | $-2.7M | $935.0K | ||
| Q1 25 | $-2.7M | $2.1M | ||
| Q4 24 | $-1.6M | $-2.1M | ||
| Q3 24 | $3.0M | $1.2M | ||
| Q2 24 | $-4.4M | $-13.1M | ||
| Q1 24 | $-5.7M | $-132.0K |
自由现金流DRCTFLNT
| Q4 25 | — | — | ||
| Q3 25 | — | $-7.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DRCTFLNT
| Q4 25 | — | — | ||
| Q3 25 | — | -15.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DRCTFLNT
| Q4 25 | — | — | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
DRCT
暂无分部数据
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
