vs
HEALTHEQUITY, INC.（HQY）与MongoDB, Inc.（MDB）财务数据对比。点击上方公司名可切换其他公司
MongoDB, Inc.的季度营收约是HEALTHEQUITY, INC.的2.0倍（$628.3M vs $322.2M），HEALTHEQUITY, INC.净利率更高（16.0% vs -0.3%，领先16.4%），MongoDB, Inc.同比增速更快（18.7% vs 7.2%），MongoDB, Inc.自由现金流更多（$141.8M vs $137.8M），过去两年MongoDB, Inc.的营收复合增速更高（17.1% vs 10.8%）
HealthEquity, Inc.是美国一家金融科技及商业服务企业，拥有美国国税局授予的非银行类健康储蓄受托人资质，无论用户资金存入哪家金融机构，该公司均可作为对应健康储蓄账户的托管方，提供专业账户管理服务。
MongoDB Inc.是美国软件企业，核心业务为开发面向非结构化数据的数据库引擎MongoDB并提供相关商用技术支持。该产品脱胎于NoSQL数据库，后续新增ACID事务等能力，功能覆盖场景持续拓展，可充分满足全球企业级客户的多元需求。
HQY vs MDB — 直观对比
营收规模更大
MDB
是对方的2.0倍
$322.2M
营收增速更快
MDB
高出11.5%
7.2%
净利率更高
HQY
高出16.4%
-0.3%
自由现金流更多
MDB
多$4.0M
$137.8M
两年增速更快
MDB
近两年复合增速
10.8%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $322.2M | $628.3M |
| 净利润 | $51.7M | $-2.0M |
| 毛利率 | 70.8% | 71.5% |
| 营业利润率 | 24.4% | -2.9% |
| 净利率 | 16.0% | -0.3% |
| 营收同比 | 7.2% | 18.7% |
| 净利润同比 | 806.4% | 79.5% |
| 每股收益（稀释后） | $0.59 | — |
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HQYMDB
| Q4 25 | $322.2M | $628.3M | ||
| Q3 25 | $325.8M | $591.4M | ||
| Q2 25 | $330.8M | $549.0M | ||
| Q1 25 | $311.8M | $548.4M | ||
| Q4 24 | $300.4M | $529.4M | ||
| Q3 24 | $299.9M | $478.1M | ||
| Q2 24 | $287.6M | $450.6M | ||
| Q1 24 | $262.4M | $458.0M |
净利润HQYMDB
| Q4 25 | $51.7M | $-2.0M | ||
| Q3 25 | $59.9M | $-47.0M | ||
| Q2 25 | $53.9M | $-37.6M | ||
| Q1 25 | $26.4M | $15.8M | ||
| Q4 24 | $5.7M | $-9.8M | ||
| Q3 24 | $35.8M | $-54.5M | ||
| Q2 24 | $28.8M | $-80.6M | ||
| Q1 24 | $26.4M | $-55.5M |
毛利率HQYMDB
| Q4 25 | 70.8% | 71.5% | ||
| Q3 25 | 71.4% | 71.0% | ||
| Q2 25 | 67.8% | 71.2% | ||
| Q1 25 | 60.6% | 72.8% | ||
| Q4 24 | 65.6% | 74.4% | ||
| Q3 24 | 68.0% | 73.2% | ||
| Q2 24 | 65.1% | 72.8% | ||
| Q1 24 | 63.1% | 75.0% |
营业利润率HQYMDB
| Q4 25 | 24.4% | -2.9% | ||
| Q3 25 | 27.5% | -11.0% | ||
| Q2 25 | 25.1% | -9.8% | ||
| Q1 25 | 13.5% | -3.4% | ||
| Q4 24 | 6.5% | -5.3% | ||
| Q3 24 | 19.6% | -14.9% | ||
| Q2 24 | 14.5% | -21.8% | ||
| Q1 24 | 14.8% | -15.5% |
净利率HQYMDB
| Q4 25 | 16.0% | -0.3% | ||
| Q3 25 | 18.4% | -8.0% | ||
| Q2 25 | 16.3% | -6.9% | ||
| Q1 25 | 8.5% | 2.9% | ||
| Q4 24 | 1.9% | -1.8% | ||
| Q3 24 | 11.9% | -11.4% | ||
| Q2 24 | 10.0% | -17.9% | ||
| Q1 24 | 10.0% | -12.1% |
每股收益（稀释后）HQYMDB
| Q4 25 | $0.59 | — | ||
| Q3 25 | $0.68 | — | ||
| Q2 25 | $0.61 | — | ||
| Q1 25 | $0.30 | — | ||
| Q4 24 | $0.06 | — | ||
| Q3 24 | $0.40 | — | ||
| Q2 24 | $0.33 | — | ||
| Q1 24 | $0.30 | — |
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 | $309.3M | $834.1M |
| 总债务越低越好 | $982.1M | — |
| 股东权益账面价值 | $2.1B | $2.9B |
| 总资产 | $3.4B | $3.6B |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资HQYMDB
| Q4 25 | $309.3M | $834.1M | ||
| Q3 25 | $304.5M | $647.1M | ||
| Q2 25 | $287.9M | $657.8M | ||
| Q1 25 | $295.9M | $490.1M | ||
| Q4 24 | $322.2M | $673.1M | ||
| Q3 24 | $326.9M | $1.3B | ||
| Q2 24 | $251.2M | $815.7M | ||
| Q1 24 | $404.0M | $803.0M |
总债务HQYMDB
| Q4 25 | $982.1M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $925.7M | — | ||
| Q1 24 | $875.0M | — |
股东权益HQYMDB
| Q4 25 | $2.1B | $2.9B | ||
| Q3 25 | $2.1B | $2.9B | ||
| Q2 25 | $2.1B | $3.0B | ||
| Q1 25 | $2.1B | $2.8B | ||
| Q4 24 | $2.1B | $1.5B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $2.1B | $1.3B | ||
| Q1 24 | $2.0B | $1.1B |
总资产HQYMDB
| Q4 25 | $3.4B | $3.6B | ||
| Q3 25 | $3.4B | $3.5B | ||
| Q2 25 | $3.4B | $3.6B | ||
| Q1 25 | $3.4B | $3.4B | ||
| Q4 24 | $3.5B | $3.2B | ||
| Q3 24 | $3.5B | $3.1B | ||
| Q2 24 | $3.2B | $3.0B | ||
| Q1 24 | $3.2B | $2.9B |
负债/权益比HQYMDB
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.44× | — | ||
| Q1 24 | 0.43× | — |
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 | $138.6M | $143.5M |
| 自由现金流经营现金流 - 资本支出 | $137.8M | $141.8M |
| 自由现金流率自由现金流/营收 | 42.8% | 22.6% |
| 资本支出强度资本支出/营收 | 0.2% | 0.3% |
| 现金转化率经营现金流/净利润 | 2.68× | — |
| 过去12个月自由现金流最近4个季度 | $413.0M | $346.3M |
8季度趋势，按日历期对齐
经营现金流HQYMDB
| Q4 25 | $138.6M | $143.5M | ||
| Q3 25 | $135.9M | $72.1M | ||
| Q2 25 | $64.7M | $109.9M | ||
| Q1 25 | $75.7M | $50.5M | ||
| Q4 24 | $90.5M | $37.4M | ||
| Q3 24 | $108.1M | $-1.4M | ||
| Q2 24 | $65.4M | $63.6M | ||
| Q1 24 | $77.1M | $54.6M |
自由现金流HQYMDB
| Q4 25 | $137.8M | $141.8M | ||
| Q3 25 | $135.1M | $71.6M | ||
| Q2 25 | $64.7M | $108.3M | ||
| Q1 25 | $75.4M | $24.6M | ||
| Q4 24 | $90.3M | $35.5M | ||
| Q3 24 | $107.4M | $-2.4M | ||
| Q2 24 | $64.7M | $63.1M | ||
| Q1 24 | $76.5M | $51.9M |
自由现金流率HQYMDB
| Q4 25 | 42.8% | 22.6% | ||
| Q3 25 | 41.5% | 12.1% | ||
| Q2 25 | 19.5% | 19.7% | ||
| Q1 25 | 24.2% | 4.5% | ||
| Q4 24 | 30.0% | 6.7% | ||
| Q3 24 | 35.8% | -0.5% | ||
| Q2 24 | 22.5% | 14.0% | ||
| Q1 24 | 29.2% | 11.3% |
资本支出强度HQYMDB
| Q4 25 | 0.2% | 0.3% | ||
| Q3 25 | 0.2% | 0.1% | ||
| Q2 25 | 0.0% | 0.3% | ||
| Q1 25 | 0.1% | 4.7% | ||
| Q4 24 | 0.1% | 0.4% | ||
| Q3 24 | 0.2% | 0.2% | ||
| Q2 24 | 0.3% | 0.1% | ||
| Q1 24 | 0.2% | 0.6% |
现金转化率HQYMDB
| Q4 25 | 2.68× | — | ||
| Q3 25 | 2.27× | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | 2.87× | 3.19× | ||
| Q4 24 | 15.88× | — | ||
| Q3 24 | 3.02× | — | ||
| Q2 24 | 2.27× | — | ||
| Q1 24 | 2.92× | — |
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
HQY
| Financial Service Other | $159.1M | 49% |
| Services | $120.3M | 37% |
| Credit And Debit Card | $42.8M | 13% |
MDB
| Mongo DB Atlas Related | $470.4M | 75% |
| Other Subscription | $138.7M | 22% |
| Services | $19.2M | 3% |
