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ProFrac Holding Corp.（ACDC）与DOCUSIGN, INC.（DOCU）财务数据对比。点击上方公司名可切换其他公司
DOCUSIGN, INC.的季度营收约是ProFrac Holding Corp.的1.9倍（$818.4M vs $436.5M），DOCUSIGN, INC.净利率更高（10.2% vs -33.2%，领先43.4%），DOCUSIGN, INC.同比增速更快（8.4% vs -4.0%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $12.9M）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
ACDC vs DOCU — 直观对比
营收规模更大
DOCU
是对方的1.9倍
$436.5M
营收增速更快
DOCU
高出12.4%
-4.0%
净利率更高
DOCU
高出43.4%
-33.2%
自由现金流更多
DOCU
多$250.0M
$12.9M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $818.4M |
| 净利润 | $-144.7M | $83.7M |
| 毛利率 | — | 79.2% |
| 营业利润率 | -24.9% | 10.4% |
| 净利率 | -33.2% | 10.2% |
| 营收同比 | -4.0% | 8.4% |
| 净利润同比 | -37.8% | 34.1% |
| 每股收益（稀释后） | $-0.83 | $0.40 |
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ACDCDOCU
| Q4 25 | $436.5M | $818.4M | ||
| Q3 25 | $403.1M | $800.6M | ||
| Q2 25 | $501.9M | $763.7M | ||
| Q1 25 | $600.3M | — | ||
| Q4 24 | $454.7M | — | ||
| Q3 24 | $575.3M | — | ||
| Q2 24 | $579.4M | — | ||
| Q1 24 | $581.5M | — |
净利润ACDCDOCU
| Q4 25 | $-144.7M | $83.7M | ||
| Q3 25 | $-100.9M | $63.0M | ||
| Q2 25 | $-105.9M | $72.1M | ||
| Q1 25 | $-17.5M | — | ||
| Q4 24 | $-105.0M | — | ||
| Q3 24 | $-45.2M | — | ||
| Q2 24 | $-66.7M | — | ||
| Q1 24 | $1.8M | — |
毛利率ACDCDOCU
| Q4 25 | — | 79.2% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 79.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ACDCDOCU
| Q4 25 | -24.9% | 10.4% | ||
| Q3 25 | -19.5% | 8.1% | ||
| Q2 25 | -10.8% | 7.9% | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | -10.3% | — | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | -8.5% | — | ||
| Q1 24 | 6.9% | — |
净利率ACDCDOCU
| Q4 25 | -33.2% | 10.2% | ||
| Q3 25 | -25.0% | 7.9% | ||
| Q2 25 | -21.1% | 9.4% | ||
| Q1 25 | -2.9% | — | ||
| Q4 24 | -23.1% | — | ||
| Q3 24 | -7.9% | — | ||
| Q2 24 | -11.5% | — | ||
| Q1 24 | 0.3% | — |
每股收益（稀释后）ACDCDOCU
| Q4 25 | $-0.83 | $0.40 | ||
| Q3 25 | $-0.60 | $0.30 | ||
| Q2 25 | $-0.67 | $0.34 | ||
| Q1 25 | $-0.12 | — | ||
| Q4 24 | $-0.67 | — | ||
| Q3 24 | $-0.29 | — | ||
| Q2 24 | $-0.42 | — | ||
| Q1 24 | $0.00 | — |
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 | $22.9M | $583.3M |
| 总债务越低越好 | $832.7M | — |
| 股东权益账面价值 | $717.5M | $2.0B |
| 总资产 | $2.6B | $4.0B |
| 负债/权益比越低杠杆越低 | 1.16× | — |
8季度趋势，按日历期对齐
现金及短期投资ACDCDOCU
| Q4 25 | $22.9M | $583.3M | ||
| Q3 25 | $58.0M | $600.0M | ||
| Q2 25 | $26.0M | $657.4M | ||
| Q1 25 | $16.0M | — | ||
| Q4 24 | $14.8M | — | ||
| Q3 24 | $25.5M | — | ||
| Q2 24 | $24.0M | — | ||
| Q1 24 | $28.3M | — |
总债务ACDCDOCU
| Q4 25 | $832.7M | — | ||
| Q3 25 | $907.0M | — | ||
| Q2 25 | $941.9M | — | ||
| Q1 25 | $967.9M | — | ||
| Q4 24 | $936.1M | — | ||
| Q3 24 | $986.7M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $895.1M | — |
股东权益ACDCDOCU
| Q4 25 | $717.5M | $2.0B | ||
| Q3 25 | $862.0M | $2.0B | ||
| Q2 25 | $875.5M | $2.0B | ||
| Q1 25 | $988.1M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.2B | — |
总资产ACDCDOCU
| Q4 25 | $2.6B | $4.0B | ||
| Q3 25 | $2.7B | $3.9B | ||
| Q2 25 | $2.8B | $3.9B | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.0B | — |
负债/权益比ACDCDOCU
| Q4 25 | 1.16× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.74× | — |
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 | $49.5M | $290.3M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $262.9M |
| 自由现金流率自由现金流/营收 | 3.0% | 32.1% |
| 资本支出强度资本支出/营收 | 8.4% | 3.3% |
| 现金转化率经营现金流/净利润 | — | 3.47× |
| 过去12个月自由现金流最近4个季度 | $19.6M | — |
8季度趋势，按日历期对齐
经营现金流ACDCDOCU
| Q4 25 | $49.5M | $290.3M | ||
| Q3 25 | $900.0K | $246.1M | ||
| Q2 25 | $100.4M | $251.4M | ||
| Q1 25 | $38.7M | — | ||
| Q4 24 | $76.5M | — | ||
| Q3 24 | $98.2M | — | ||
| Q2 24 | $113.5M | — | ||
| Q1 24 | $79.1M | — |
自由现金流ACDCDOCU
| Q4 25 | $12.9M | $262.9M | ||
| Q3 25 | $-33.4M | $217.6M | ||
| Q2 25 | $53.9M | $227.8M | ||
| Q1 25 | $-13.8M | — | ||
| Q4 24 | $13.3M | — | ||
| Q3 24 | $28.2M | — | ||
| Q2 24 | $51.6M | — | ||
| Q1 24 | $19.2M | — |
自由现金流率ACDCDOCU
| Q4 25 | 3.0% | 32.1% | ||
| Q3 25 | -8.3% | 27.2% | ||
| Q2 25 | 10.7% | 29.8% | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 8.9% | — | ||
| Q1 24 | 3.3% | — |
资本支出强度ACDCDOCU
| Q4 25 | 8.4% | 3.3% | ||
| Q3 25 | 8.5% | 3.6% | ||
| Q2 25 | 9.3% | 3.1% | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 10.3% | — |
现金转化率ACDCDOCU
| Q4 25 | — | 3.47× | ||
| Q3 25 | — | 3.91× | ||
| Q2 25 | — | 3.49× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 43.94× | — |
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
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
