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Dynatrace, Inc.（DT）与PHINIA INC.（PHIN）财务数据对比。点击上方公司名可切换其他公司
PHINIA INC.的季度营收约是Dynatrace, Inc.的1.7倍（$889.0M vs $515.5M），Dynatrace, Inc.同比增速更快（18.2% vs 6.7%），PHINIA INC.自由现金流更多（$67.0M vs $27.2M），过去两年Dynatrace, Inc.的营收复合增速更高（16.3% vs 1.5%）
Dynatrace是总部位于美国的跨国科技企业，主打AI驱动的可观测性平台，旗下软件可用于应用性能监控分析、软件开发流程优化、网络安全防护、IT基础设施运维及用户体验提升等场景，为各行业客户的数字化运营提供有力技术支撑。
PHINIA INC.是一家全球汽车技术供应商，主打燃油喷射系统、起动机、发电机及混动、电动汽车零部件，服务全球各主要市场的整车生产商和售后客户，覆盖乘用车、商用车及工业出行领域。
DT vs PHIN — 直观对比
营收规模更大
PHIN
是对方的1.7倍
$515.5M
营收增速更快
DT
高出11.5%
6.7%
自由现金流更多
PHIN
多$39.8M
$27.2M
两年增速更快
DT
近两年复合增速
1.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $515.5M | $889.0M |
| 净利润 | $40.1M | — |
| 毛利率 | 81.4% | 21.7% |
| 营业利润率 | 14.1% | 7.8% |
| 净利率 | 7.8% | — |
| 营收同比 | 18.2% | 6.7% |
| 净利润同比 | -88.9% | — |
| 每股收益（稀释后） | $0.13 | $1.14 |
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DTPHIN
| Q4 25 | $515.5M | $889.0M | ||
| Q3 25 | $493.8M | $908.0M | ||
| Q2 25 | $477.3M | $890.0M | ||
| Q1 25 | $445.2M | $796.0M | ||
| Q4 24 | $436.2M | $833.0M | ||
| Q3 24 | $418.1M | $839.0M | ||
| Q2 24 | $399.2M | $868.0M | ||
| Q1 24 | $380.8M | $863.0M |
净利润DTPHIN
| Q4 25 | $40.1M | — | ||
| Q3 25 | $57.2M | $13.0M | ||
| Q2 25 | $48.0M | $46.0M | ||
| Q1 25 | $39.3M | $26.0M | ||
| Q4 24 | $361.8M | — | ||
| Q3 24 | $44.0M | $31.0M | ||
| Q2 24 | $38.6M | $14.0M | ||
| Q1 24 | $37.9M | $29.0M |
毛利率DTPHIN
| Q4 25 | 81.4% | 21.7% | ||
| Q3 25 | 81.8% | 22.0% | ||
| Q2 25 | 82.1% | 22.1% | ||
| Q1 25 | 80.9% | 21.6% | ||
| Q4 24 | 81.1% | 22.7% | ||
| Q3 24 | 81.4% | 22.3% | ||
| Q2 24 | 81.3% | 21.7% | ||
| Q1 24 | 81.1% | 22.2% |
营业利润率DTPHIN
| Q4 25 | 14.1% | 7.8% | ||
| Q3 25 | 14.8% | 3.7% | ||
| Q2 25 | 13.1% | 10.0% | ||
| Q1 25 | 9.6% | 7.8% | ||
| Q4 24 | 10.9% | 6.1% | ||
| Q3 24 | 11.2% | 7.9% | ||
| Q2 24 | 10.5% | 8.2% | ||
| Q1 24 | 6.1% | 8.2% |
净利率DTPHIN
| Q4 25 | 7.8% | — | ||
| Q3 25 | 11.6% | 1.4% | ||
| Q2 25 | 10.0% | 5.2% | ||
| Q1 25 | 8.8% | 3.3% | ||
| Q4 24 | 82.9% | — | ||
| Q3 24 | 10.5% | 3.7% | ||
| Q2 24 | 9.7% | 1.6% | ||
| Q1 24 | 10.0% | 3.4% |
每股收益（稀释后）DTPHIN
| Q4 25 | $0.13 | $1.14 | ||
| Q3 25 | $0.19 | $0.33 | ||
| Q2 25 | $0.16 | $1.14 | ||
| Q1 25 | $0.12 | $0.63 | ||
| Q4 24 | $1.19 | $0.13 | ||
| Q3 24 | $0.15 | $0.70 | ||
| Q2 24 | $0.13 | $0.31 | ||
| Q1 24 | $0.13 | $0.62 |
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 | $1.2B | $359.0M |
| 总债务越低越好 | — | $970.0M |
| 股东权益账面价值 | $2.7B | $1.6B |
| 总资产 | $4.1B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资DTPHIN
| Q4 25 | $1.2B | $359.0M | ||
| Q3 25 | $1.3B | $349.0M | ||
| Q2 25 | $1.3B | $347.0M | ||
| Q1 25 | $1.1B | $373.0M | ||
| Q4 24 | $1.0B | $484.0M | ||
| Q3 24 | $1.0B | $477.0M | ||
| Q2 24 | $1.0B | $339.0M | ||
| Q1 24 | $836.9M | $325.0M |
总债务DTPHIN
| Q4 25 | — | $970.0M | ||
| Q3 25 | — | $990.0M | ||
| Q2 25 | — | $990.0M | ||
| Q1 25 | — | $989.0M | ||
| Q4 24 | — | $988.0M | ||
| Q3 24 | — | $987.0M | ||
| Q2 24 | — | $821.0M | ||
| Q1 24 | — | $706.0M |
股东权益DTPHIN
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | $2.8B | $1.6B | ||
| Q2 25 | $2.7B | $1.6B | ||
| Q1 25 | $2.6B | $1.5B | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.1B | $1.7B | ||
| Q2 24 | $2.1B | $1.7B | ||
| Q1 24 | $2.0B | $1.9B |
总资产DTPHIN
| Q4 25 | $4.1B | $3.8B | ||
| Q3 25 | $4.1B | $4.0B | ||
| Q2 25 | $4.1B | $3.9B | ||
| Q1 25 | $4.1B | $3.7B | ||
| Q4 24 | $3.7B | $3.8B | ||
| Q3 24 | $3.3B | $4.0B | ||
| Q2 24 | $3.3B | $3.9B | ||
| Q1 24 | $3.4B | $4.0B |
负债/权益比DTPHIN
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.62× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.38× |
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 | $33.8M | $96.0M |
| 自由现金流经营现金流 - 资本支出 | $27.2M | $67.0M |
| 自由现金流率自由现金流/营收 | 5.3% | 7.5% |
| 资本支出强度资本支出/营收 | 1.3% | 3.3% |
| 现金转化率经营现金流/净利润 | 0.84× | — |
| 过去12个月自由现金流最近4个季度 | $465.5M | $188.0M |
8季度趋势，按日历期对齐
经营现金流DTPHIN
| Q4 25 | $33.8M | $96.0M | ||
| Q3 25 | $32.0M | $119.0M | ||
| Q2 25 | $269.7M | $57.0M | ||
| Q1 25 | $162.8M | $40.0M | ||
| Q4 24 | $42.2M | $73.0M | ||
| Q3 24 | $23.6M | $95.0M | ||
| Q2 24 | $230.7M | $109.0M | ||
| Q1 24 | $131.7M | $31.0M |
自由现金流DTPHIN
| Q4 25 | $27.2M | $67.0M | ||
| Q3 25 | $27.8M | $93.0M | ||
| Q2 25 | $262.2M | $23.0M | ||
| Q1 25 | $148.2M | $5.0M | ||
| Q4 24 | $37.6M | $53.0M | ||
| Q3 24 | $20.1M | $70.0M | ||
| Q2 24 | $227.4M | $92.0M | ||
| Q1 24 | $121.9M | $-12.0M |
自由现金流率DTPHIN
| Q4 25 | 5.3% | 7.5% | ||
| Q3 25 | 5.6% | 10.2% | ||
| Q2 25 | 54.9% | 2.6% | ||
| Q1 25 | 33.3% | 0.6% | ||
| Q4 24 | 8.6% | 6.4% | ||
| Q3 24 | 4.8% | 8.3% | ||
| Q2 24 | 57.0% | 10.6% | ||
| Q1 24 | 32.0% | -1.4% |
资本支出强度DTPHIN
| Q4 25 | 1.3% | 3.3% | ||
| Q3 25 | 0.8% | 2.9% | ||
| Q2 25 | 1.6% | 3.8% | ||
| Q1 25 | 3.3% | 4.4% | ||
| Q4 24 | 1.1% | 2.4% | ||
| Q3 24 | 0.8% | 3.0% | ||
| Q2 24 | 0.8% | 2.0% | ||
| Q1 24 | 2.6% | 5.0% |
现金转化率DTPHIN
| Q4 25 | 0.84× | — | ||
| Q3 25 | 0.56× | 9.15× | ||
| Q2 25 | 5.62× | 1.24× | ||
| Q1 25 | 4.14× | 1.54× | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.54× | 3.06× | ||
| Q2 24 | 5.97× | 7.79× | ||
| Q1 24 | 3.47× | 1.07× |
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
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
