vs
Direct Digital Holdings, Inc.（DRCT）与Laird Superfood, Inc.（LSF）财务数据对比。点击上方公司名可切换其他公司
Laird Superfood, Inc.的季度营收约是Direct Digital Holdings, Inc.的1.6倍（$13.3M vs $8.4M），Laird Superfood, Inc.净利率更高（-13.2% vs -138.7%，领先125.5%），Laird Superfood, Inc.同比增速更快（15.0% vs -7.4%），过去两年Laird Superfood, Inc.的营收复合增速更高（16.1% 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。
Laird Superfood是一家主营植物基功能性超级食品的企业，产品涵盖精品咖啡奶精、补水混合饮品、营养补充剂、植物能量零食等，面向健康意识较强的消费群体，主要在北美市场通过电商及线下零售渠道销售，主打可持续采购的清洁配方。
DRCT vs LSF — 直观对比
营收规模更大
LSF
是对方的1.6倍
$8.4M
营收增速更快
LSF
高出22.4%
-7.4%
净利率更高
LSF
高出125.5%
-138.7%
两年增速更快
LSF
近两年复合增速
-38.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.4M | $13.3M |
| 净利润 | $-11.7M | $-1.8M |
| 毛利率 | 26.8% | 34.1% |
| 营业利润率 | -53.4% | -13.5% |
| 净利率 | -138.7% | -13.2% |
| 营收同比 | -7.4% | 15.0% |
| 净利润同比 | -434.7% | -341.4% |
| 每股收益（稀释后） | $-74.97 | — |
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DRCTLSF
| Q4 25 | $8.4M | $13.3M | ||
| Q3 25 | $8.0M | $12.9M | ||
| Q2 25 | $10.1M | $12.0M | ||
| Q1 25 | $8.2M | $11.7M | ||
| Q4 24 | $9.1M | $11.6M | ||
| Q3 24 | $9.1M | $11.8M | ||
| Q2 24 | $21.9M | $10.0M | ||
| Q1 24 | $22.3M | $9.9M |
净利润DRCTLSF
| Q4 25 | $-11.7M | $-1.8M | ||
| Q3 25 | $-2.7M | $-975.1K | ||
| Q2 25 | $-2.2M | $-362.2K | ||
| Q1 25 | $-2.4M | $-156.2K | ||
| Q4 24 | $-2.2M | $-398.4K | ||
| Q3 24 | $-2.7M | $-166.1K | ||
| Q2 24 | $-590.0K | $-239.1K | ||
| Q1 24 | $-775.0K | $-1.0M |
毛利率DRCTLSF
| Q4 25 | 26.8% | 34.1% | ||
| Q3 25 | 27.7% | 36.5% | ||
| Q2 25 | 35.1% | 39.9% | ||
| Q1 25 | 29.3% | 41.9% | ||
| Q4 24 | 32.5% | 38.6% | ||
| Q3 24 | 38.7% | 43.0% | ||
| Q2 24 | 27.1% | 41.8% | ||
| Q1 24 | 22.4% | 40.0% |
营业利润率DRCTLSF
| Q4 25 | -53.4% | -13.5% | ||
| Q3 25 | -49.0% | -7.7% | ||
| Q2 25 | -23.9% | -3.3% | ||
| Q1 25 | -48.1% | -1.9% | ||
| Q4 24 | -51.8% | -4.1% | ||
| Q3 24 | -40.3% | -2.3% | ||
| Q2 24 | -9.4% | -3.4% | ||
| Q1 24 | -12.6% | -11.0% |
净利率DRCTLSF
| Q4 25 | -138.7% | -13.2% | ||
| Q3 25 | -33.6% | -7.6% | ||
| Q2 25 | -22.2% | -3.0% | ||
| Q1 25 | -28.9% | -1.3% | ||
| Q4 24 | -24.0% | -3.4% | ||
| Q3 24 | -29.6% | -1.4% | ||
| Q2 24 | -2.7% | -2.4% | ||
| Q1 24 | -3.5% | -10.3% |
每股收益（稀释后）DRCTLSF
| Q4 25 | $-74.97 | — | ||
| Q3 25 | $-0.24 | — | ||
| Q2 25 | $-0.23 | — | ||
| Q1 25 | $-0.35 | — | ||
| Q4 24 | $-90.17 | — | ||
| Q3 24 | $-0.71 | — | ||
| Q2 24 | $-0.16 | — | ||
| Q1 24 | $-0.22 | — |
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 | $5.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-7.0M | $11.5M |
| 总资产 | $20.2M | $19.2M |
| 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DRCTLSF
| Q4 25 | $728.0K | $5.1M | ||
| Q3 25 | $871.0K | $5.1M | ||
| Q2 25 | $1.6M | $3.9M | ||
| Q1 25 | $1.8M | $7.0M | ||
| Q4 24 | $1.4M | $8.3M | ||
| Q3 24 | $4.1M | $7.9M | ||
| Q2 24 | $1.1M | $7.6M | ||
| Q1 24 | $3.3M | $7.1M |
总债务DRCTLSF
| Q4 25 | — | — | ||
| Q3 25 | $10.8M | — | ||
| Q2 25 | $33.5M | — | ||
| Q1 25 | $32.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $150.0K | — | ||
| Q2 24 | $34.8M | — | ||
| Q1 24 | $32.4M | — |
股东权益DRCTLSF
| Q4 25 | $-7.0M | $11.5M | ||
| Q3 25 | $-6.7M | $12.8M | ||
| Q2 25 | $-24.6M | $13.4M | ||
| Q1 25 | $-23.3M | $13.3M | ||
| Q4 24 | $-19.7M | $13.2M | ||
| Q3 24 | $-16.7M | $13.1M | ||
| Q2 24 | $-10.5M | $12.6M | ||
| Q1 24 | $-7.5M | $12.7M |
总资产DRCTLSF
| Q4 25 | $20.2M | $19.2M | ||
| Q3 25 | $22.5M | $18.9M | ||
| Q2 25 | $23.3M | $20.4M | ||
| Q1 25 | $23.8M | $21.5M | ||
| Q4 24 | $26.0M | $19.3M | ||
| Q3 24 | $31.3M | $18.8M | ||
| Q2 24 | $48.5M | $18.0M | ||
| Q1 24 | $52.8M | $17.6M |
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 | $68.4K |
| 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DRCTLSF
| Q4 25 | $-1.9M | $68.4K | ||
| Q3 25 | $-1.6M | $1.2M | ||
| Q2 25 | $-2.7M | $-2.8M | ||
| Q1 25 | $-2.7M | $-1.3M | ||
| Q4 24 | $-1.6M | $339.2K | ||
| Q3 24 | $3.0M | $305.8K | ||
| Q2 24 | $-4.4M | $642.7K | ||
| Q1 24 | $-5.7M | $-422.3K |
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
| Buy Side Advertising | $8.2M | 98% |
| Other | $183.0K | 2% |
LSF
| Wholesale | $7.0M | 52% |
| Coffee Tea And Hot Chocolate Products | $4.4M | 33% |
| Hydration And Beverage Enhancing Supplements | $1.6M | 12% |
| Other | $352.6K | 3% |
