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GoDaddy（GDDY）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
GoDaddy的季度营收约是Sunrun Inc.的1.1倍（$1.3B vs $1.2B），GoDaddy净利率更高（19.2% vs 8.9%，领先10.3%），Sunrun Inc.同比增速更快（123.5% vs 6.8%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 7.2%）
GoDaddy是美国上市的互联网域名注册管理、域名服务及网络托管服务商，总部位于亚利桑那州坦佩。2023年按市场份额计为全球第五大网络主机服务商，管理超6200万个注册域名，旗下2000万用户中绝大多数为中小微企业，是全球领先的互联网基础服务供应商。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
GDDY vs RUN — 直观对比
营收规模更大
GDDY
是对方的1.1倍
$1.2B
营收增速更快
RUN
高出116.7%
6.8%
净利率更高
GDDY
高出10.3%
8.9%
两年增速更快
RUN
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $245.1M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | 24.9% | 8.4% |
| 净利率 | 19.2% | 8.9% |
| 营收同比 | 6.8% | 123.5% |
| 净利润同比 | 23.4% | 103.7% |
| 每股收益（稀释后） | — | $0.38 |
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GDDYRUN
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $724.6M | ||
| Q2 25 | $1.2B | $569.3M | ||
| Q1 25 | $1.2B | $504.3M | ||
| Q4 24 | $1.2B | $518.5M | ||
| Q3 24 | $1.1B | $537.2M | ||
| Q2 24 | $1.1B | $523.9M | ||
| Q1 24 | $1.1B | $458.2M |
净利润GDDYRUN
| Q4 25 | $245.1M | $103.6M | ||
| Q3 25 | $210.5M | $16.6M | ||
| Q2 25 | $199.9M | $279.8M | ||
| Q1 25 | $219.5M | $50.0M | ||
| Q4 24 | $198.6M | $-2.8B | ||
| Q3 24 | $190.5M | $-83.8M | ||
| Q2 24 | $146.3M | $139.1M | ||
| Q1 24 | $401.5M | $-87.8M |
营业利润率GDDYRUN
| Q4 25 | 24.9% | 8.4% | ||
| Q3 25 | 23.4% | 0.5% | ||
| Q2 25 | 21.9% | -19.7% | ||
| Q1 25 | 20.7% | -22.8% | ||
| Q4 24 | 21.4% | -628.0% | ||
| Q3 24 | 22.1% | -23.8% | ||
| Q2 24 | 18.5% | -24.4% | ||
| Q1 24 | 15.9% | -40.0% |
净利率GDDYRUN
| Q4 25 | 19.2% | 8.9% | ||
| Q3 25 | 16.6% | 2.3% | ||
| Q2 25 | 16.4% | 49.1% | ||
| Q1 25 | 18.4% | 9.9% | ||
| Q4 24 | 16.7% | -542.7% | ||
| Q3 24 | 16.6% | -15.6% | ||
| Q2 24 | 13.0% | 26.5% | ||
| Q1 24 | 36.2% | -19.2% |
每股收益（稀释后）GDDYRUN
| Q4 25 | — | $0.38 | ||
| Q3 25 | $1.51 | $0.06 | ||
| Q2 25 | $1.41 | $1.07 | ||
| Q1 25 | — | $0.20 | ||
| Q4 24 | — | $-12.59 | ||
| Q3 24 | $1.32 | $-0.37 | ||
| Q2 24 | $1.01 | $0.55 | ||
| Q1 24 | — | $-0.40 |
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 | — | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $215.1M | $3.1B |
| 总资产 | $8.0B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
总债务GDDYRUN
| Q4 25 | — | $14.7B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | — | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $12.5B | ||
| Q2 24 | — | $12.0B | ||
| Q1 24 | — | $11.1B |
股东权益GDDYRUN
| Q4 25 | $215.1M | $3.1B | ||
| Q3 25 | $91.8M | $3.0B | ||
| Q2 25 | $404.4M | $2.9B | ||
| Q1 25 | $199.7M | $2.6B | ||
| Q4 24 | $692.1M | $2.6B | ||
| Q3 24 | $356.7M | $5.3B | ||
| Q2 24 | $157.0M | $5.4B | ||
| Q1 24 | $414.8M | $5.2B |
总资产GDDYRUN
| Q4 25 | $8.0B | $22.6B | ||
| Q3 25 | $8.0B | $22.2B | ||
| Q2 25 | $8.3B | $21.2B | ||
| Q1 25 | $7.8B | $20.4B | ||
| Q4 24 | $8.2B | $19.9B | ||
| Q3 24 | $8.0B | $22.1B | ||
| Q2 24 | $7.7B | $21.4B | ||
| Q1 24 | $8.0B | $20.8B |
负债/权益比GDDYRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | — | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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 | $370.6M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $363.7M | — |
| 自由现金流率自由现金流/营收 | 28.6% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 1.51× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流GDDYRUN
| Q4 25 | $370.6M | $96.9M | ||
| Q3 25 | $444.2M | $-121.5M | ||
| Q2 25 | $379.9M | $-292.7M | ||
| Q1 25 | $404.7M | $-104.2M | ||
| Q4 24 | $340.5M | $-258.4M | ||
| Q3 24 | $355.2M | $-156.2M | ||
| Q2 24 | $294.8M | $-208.5M | ||
| Q1 24 | $297.2M | $-143.1M |
自由现金流GDDYRUN
| Q4 25 | $363.7M | — | ||
| Q3 25 | $434.9M | — | ||
| Q2 25 | $375.8M | — | ||
| Q1 25 | $401.1M | — | ||
| Q4 24 | $326.1M | — | ||
| Q3 24 | $350.2M | $-156.4M | ||
| Q2 24 | $292.0M | — | ||
| Q1 24 | $292.8M | — |
自由现金流率GDDYRUN
| Q4 25 | 28.6% | — | ||
| Q3 25 | 34.4% | — | ||
| Q2 25 | 30.9% | — | ||
| Q1 25 | 33.6% | — | ||
| Q4 24 | 27.3% | — | ||
| Q3 24 | 30.5% | -29.1% | ||
| Q2 24 | 26.0% | — | ||
| Q1 24 | 26.4% | — |
资本支出强度GDDYRUN
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 0.4% | 0.0% | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.4% | — |
现金转化率GDDYRUN
| Q4 25 | 1.51× | 0.94× | ||
| Q3 25 | 2.11× | -7.33× | ||
| Q2 25 | 1.90× | -1.05× | ||
| Q1 25 | 1.84× | -2.08× | ||
| Q4 24 | 1.71× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 2.02× | -1.50× | ||
| Q1 24 | 0.74× | — |
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
GDDY
| Domains | $586.5M | 46% |
| Applications And Commerce | $497.7M | 39% |
| Other | $189.7M | 15% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
