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MongoDB, Inc.（MDB）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是MongoDB, Inc.的1.8倍（$1.2B vs $628.3M），Sunrun Inc.净利率更高（8.9% vs -0.3%，领先9.3%），Sunrun Inc.同比增速更快（123.5% vs 18.7%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 17.1%）
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。
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。
MDB vs RUN — 直观对比
营收规模更大
RUN
是对方的1.8倍
$628.3M
营收增速更快
RUN
高出104.8%
18.7%
净利率更高
RUN
高出9.3%
-0.3%
两年增速更快
RUN
近两年复合增速
17.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $628.3M | $1.2B |
| 净利润 | $-2.0M | $103.6M |
| 毛利率 | 71.5% | — |
| 营业利润率 | -2.9% | 8.4% |
| 净利率 | -0.3% | 8.9% |
| 营收同比 | 18.7% | 123.5% |
| 净利润同比 | 79.5% | 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MDBRUN
| Q4 25 | $628.3M | $1.2B | ||
| Q3 25 | $591.4M | $724.6M | ||
| Q2 25 | $549.0M | $569.3M | ||
| Q1 25 | $548.4M | $504.3M | ||
| Q4 24 | $529.4M | $518.5M | ||
| Q3 24 | $478.1M | $537.2M | ||
| Q2 24 | $450.6M | $523.9M | ||
| Q1 24 | $458.0M | $458.2M |
净利润MDBRUN
| Q4 25 | $-2.0M | $103.6M | ||
| Q3 25 | $-47.0M | $16.6M | ||
| Q2 25 | $-37.6M | $279.8M | ||
| Q1 25 | $15.8M | $50.0M | ||
| Q4 24 | $-9.8M | $-2.8B | ||
| Q3 24 | $-54.5M | $-83.8M | ||
| Q2 24 | $-80.6M | $139.1M | ||
| Q1 24 | $-55.5M | $-87.8M |
毛利率MDBRUN
| Q4 25 | 71.5% | — | ||
| Q3 25 | 71.0% | — | ||
| Q2 25 | 71.2% | — | ||
| Q1 25 | 72.8% | — | ||
| Q4 24 | 74.4% | — | ||
| Q3 24 | 73.2% | — | ||
| Q2 24 | 72.8% | — | ||
| Q1 24 | 75.0% | — |
营业利润率MDBRUN
| Q4 25 | -2.9% | 8.4% | ||
| Q3 25 | -11.0% | 0.5% | ||
| Q2 25 | -9.8% | -19.7% | ||
| Q1 25 | -3.4% | -22.8% | ||
| Q4 24 | -5.3% | -628.0% | ||
| Q3 24 | -14.9% | -23.8% | ||
| Q2 24 | -21.8% | -24.4% | ||
| Q1 24 | -15.5% | -40.0% |
净利率MDBRUN
| Q4 25 | -0.3% | 8.9% | ||
| Q3 25 | -8.0% | 2.3% | ||
| Q2 25 | -6.9% | 49.1% | ||
| Q1 25 | 2.9% | 9.9% | ||
| Q4 24 | -1.8% | -542.7% | ||
| Q3 24 | -11.4% | -15.6% | ||
| Q2 24 | -17.9% | 26.5% | ||
| Q1 24 | -12.1% | -19.2% |
每股收益（稀释后）MDBRUN
| Q4 25 | — | $0.38 | ||
| Q3 25 | — | $0.06 | ||
| Q2 25 | — | $1.07 | ||
| Q1 25 | — | $0.20 | ||
| Q4 24 | — | $-12.59 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | — | $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 | $834.1M | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $2.9B | $3.1B |
| 总资产 | $3.6B | $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
现金及短期投资MDBRUN
| Q4 25 | $834.1M | — | ||
| Q3 25 | $647.1M | — | ||
| Q2 25 | $657.8M | — | ||
| Q1 25 | $490.1M | — | ||
| Q4 24 | $673.1M | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $815.7M | — | ||
| Q1 24 | $803.0M | — |
总债务MDBRUN
| 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MDBRUN
| Q4 25 | $2.9B | $3.1B | ||
| Q3 25 | $2.9B | $3.0B | ||
| Q2 25 | $3.0B | $2.9B | ||
| Q1 25 | $2.8B | $2.6B | ||
| Q4 24 | $1.5B | $2.6B | ||
| Q3 24 | $1.4B | $5.3B | ||
| Q2 24 | $1.3B | $5.4B | ||
| Q1 24 | $1.1B | $5.2B |
总资产MDBRUN
| Q4 25 | $3.6B | $22.6B | ||
| Q3 25 | $3.5B | $22.2B | ||
| Q2 25 | $3.6B | $21.2B | ||
| Q1 25 | $3.4B | $20.4B | ||
| Q4 24 | $3.2B | $19.9B | ||
| Q3 24 | $3.1B | $22.1B | ||
| Q2 24 | $3.0B | $21.4B | ||
| Q1 24 | $2.9B | $20.8B |
负债/权益比MDBRUN
| 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 | $143.5M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $141.8M | — |
| 自由现金流率自由现金流/营收 | 22.6% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | $346.3M | — |
8季度趋势，按日历期对齐
经营现金流MDBRUN
| Q4 25 | $143.5M | $96.9M | ||
| Q3 25 | $72.1M | $-121.5M | ||
| Q2 25 | $109.9M | $-292.7M | ||
| Q1 25 | $50.5M | $-104.2M | ||
| Q4 24 | $37.4M | $-258.4M | ||
| Q3 24 | $-1.4M | $-156.2M | ||
| Q2 24 | $63.6M | $-208.5M | ||
| Q1 24 | $54.6M | $-143.1M |
自由现金流MDBRUN
| Q4 25 | $141.8M | — | ||
| Q3 25 | $71.6M | — | ||
| Q2 25 | $108.3M | — | ||
| Q1 25 | $24.6M | — | ||
| Q4 24 | $35.5M | — | ||
| Q3 24 | $-2.4M | $-156.4M | ||
| Q2 24 | $63.1M | — | ||
| Q1 24 | $51.9M | — |
自由现金流率MDBRUN
| Q4 25 | 22.6% | — | ||
| Q3 25 | 12.1% | — | ||
| Q2 25 | 19.7% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | -0.5% | -29.1% | ||
| Q2 24 | 14.0% | — | ||
| Q1 24 | 11.3% | — |
资本支出强度MDBRUN
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 4.7% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.2% | 0.0% | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 0.6% | — |
现金转化率MDBRUN
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | -7.33× | ||
| Q2 25 | — | -1.05× | ||
| Q1 25 | 3.19× | -2.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -1.50× | ||
| 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
MDB
| Mongo DB Atlas Related | $470.4M | 75% |
| Other Subscription | $138.7M | 22% |
| Services | $19.2M | 3% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
