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科慕（CC）与DOCUSIGN, INC.（DOCU）财务数据对比。点击上方公司名可切换其他公司
科慕的季度营收约是DOCUSIGN, INC.的1.6倍（$1.3B vs $818.4M），DOCUSIGN, INC.净利率更高（10.2% vs -3.5%，领先13.8%），DOCUSIGN, INC.同比增速更快（8.4% vs -2.1%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $92.0M）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
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。
CC vs DOCU — 直观对比
营收规模更大
CC
是对方的1.6倍
$818.4M
营收增速更快
DOCU
高出10.5%
-2.1%
净利率更高
DOCU
高出13.8%
-3.5%
自由现金流更多
DOCU
多$170.9M
$92.0M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $818.4M |
| 净利润 | $-47.0M | $83.7M |
| 毛利率 | 11.7% | 79.2% |
| 营业利润率 | — | 10.4% |
| 净利率 | -3.5% | 10.2% |
| 营收同比 | -2.1% | 8.4% |
| 净利润同比 | -261.5% | 34.1% |
| 每股收益（稀释后） | $-0.32 | $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CCDOCU
| Q4 25 | $1.3B | $818.4M | ||
| Q3 25 | $1.5B | $800.6M | ||
| Q2 25 | $1.6B | $763.7M | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.4B | — |
净利润CCDOCU
| Q4 25 | $-47.0M | $83.7M | ||
| Q3 25 | $46.0M | $63.0M | ||
| Q2 25 | $-380.0M | $72.1M | ||
| Q1 25 | $-5.0M | — | ||
| Q4 24 | $-13.0M | — | ||
| Q3 24 | $-32.0M | — | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $54.0M | — |
毛利率CCDOCU
| Q4 25 | 11.7% | 79.2% | ||
| Q3 25 | 15.6% | 79.3% | ||
| Q2 25 | 17.2% | 79.4% | ||
| Q1 25 | 17.3% | — | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 19.8% | — | ||
| Q1 24 | 20.9% | — |
营业利润率CCDOCU
| Q4 25 | — | 10.4% | ||
| Q3 25 | 2.5% | 8.1% | ||
| Q2 25 | -15.4% | 7.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.1% | — | ||
| Q3 24 | -2.1% | — | ||
| Q2 24 | 4.4% | — | ||
| Q1 24 | 5.1% | — |
净利率CCDOCU
| Q4 25 | -3.5% | 10.2% | ||
| Q3 25 | 3.1% | 7.9% | ||
| Q2 25 | -23.5% | 9.4% | ||
| Q1 25 | -0.4% | — | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | -2.1% | — | ||
| Q2 24 | 3.9% | — | ||
| Q1 24 | 4.0% | — |
每股收益（稀释后）CCDOCU
| Q4 25 | $-0.32 | $0.40 | ||
| Q3 25 | $0.31 | $0.30 | ||
| Q2 25 | $-2.53 | $0.34 | ||
| Q1 25 | $-0.03 | — | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.22 | — | ||
| Q2 24 | $0.39 | — | ||
| Q1 24 | $0.36 | — |
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 | $670.0M | $583.3M |
| 总债务越低越好 | $4.1B | — |
| 股东权益账面价值 | $250.0M | $2.0B |
| 总资产 | $7.4B | $4.0B |
| 负债/权益比越低杠杆越低 | 16.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CCDOCU
| Q4 25 | $670.0M | $583.3M | ||
| Q3 25 | $613.0M | $600.0M | ||
| Q2 25 | $502.0M | $657.4M | ||
| Q1 25 | $464.0M | — | ||
| Q4 24 | $713.0M | — | ||
| Q3 24 | $596.0M | — | ||
| Q2 24 | $604.0M | — | ||
| Q1 24 | $746.0M | — |
总债务CCDOCU
| Q4 25 | $4.1B | — | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $4.0B | — |
股东权益CCDOCU
| Q4 25 | $250.0M | $2.0B | ||
| Q3 25 | $274.0M | $2.0B | ||
| Q2 25 | $228.0M | $2.0B | ||
| Q1 25 | $566.0M | — | ||
| Q4 24 | $571.0M | — | ||
| Q3 24 | $643.0M | — | ||
| Q2 24 | $714.0M | — | ||
| Q1 24 | $753.0M | — |
总资产CCDOCU
| Q4 25 | $7.4B | $4.0B | ||
| Q3 25 | $7.5B | $3.9B | ||
| Q2 25 | $7.5B | $3.9B | ||
| Q1 25 | $7.4B | — | ||
| Q4 24 | $7.5B | — | ||
| Q3 24 | $7.5B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $8.0B | — |
负债/权益比CCDOCU
| Q4 25 | 16.40× | — | ||
| Q3 25 | 14.96× | — | ||
| Q2 25 | 17.99× | — | ||
| Q1 25 | 7.18× | — | ||
| Q4 24 | 7.11× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 5.53× | — | ||
| Q1 24 | 5.27× | — |
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 | $137.0M | $290.3M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $262.9M |
| 自由现金流率自由现金流/营收 | 6.9% | 32.1% |
| 资本支出强度资本支出/营收 | 3.4% | 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 | $51.0M | — |
8季度趋势，按日历期对齐
经营现金流CCDOCU
| Q4 25 | $137.0M | $290.3M | ||
| Q3 25 | $146.0M | $246.1M | ||
| Q2 25 | $93.0M | $251.4M | ||
| Q1 25 | $-112.0M | — | ||
| Q4 24 | $138.0M | — | ||
| Q3 24 | $139.0M | — | ||
| Q2 24 | $-620.0M | — | ||
| Q1 24 | $-290.0M | — |
自由现金流CCDOCU
| Q4 25 | $92.0M | $262.9M | ||
| Q3 25 | $105.0M | $217.6M | ||
| Q2 25 | $50.0M | $227.8M | ||
| Q1 25 | $-196.0M | — | ||
| Q4 24 | $29.0M | — | ||
| Q3 24 | $63.0M | — | ||
| Q2 24 | $-693.0M | — | ||
| Q1 24 | $-392.0M | — |
自由现金流率CCDOCU
| Q4 25 | 6.9% | 32.1% | ||
| Q3 25 | 7.0% | 27.2% | ||
| Q2 25 | 3.1% | 29.8% | ||
| Q1 25 | -14.3% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | -44.6% | — | ||
| Q1 24 | -28.8% | — |
资本支出强度CCDOCU
| Q4 25 | 3.4% | 3.3% | ||
| Q3 25 | 2.7% | 3.6% | ||
| Q2 25 | 2.7% | 3.1% | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 7.5% | — |
现金转化率CCDOCU
| Q4 25 | — | 3.47× | ||
| Q3 25 | 3.17× | 3.91× | ||
| Q2 25 | — | 3.49× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -10.33× | — | ||
| Q1 24 | -5.37× | — |
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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
