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DOCUSIGN, INC.（DOCU）与Element Solutions Inc（ESI）财务数据对比。点击上方公司名可切换其他公司
Element Solutions Inc的季度营收约是DOCUSIGN, INC.的1.0倍（$840.0M vs $818.4M），DOCUSIGN, INC.净利率更高（10.2% vs 6.7%，领先3.6%），Element Solutions Inc同比增速更快（41.0% vs 8.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $-74.2M）
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。
Element Solutions Inc是一家总部位于美国的特种化学品生产企业，专注于特种化学品领域的生产运营，于纽约证券交易所挂牌上市，业务覆盖全球多个市场，为各行业客户提供专业的特种化学品产品及相关解决方案。
DOCU vs ESI — 直观对比
营收规模更大
ESI
是对方的1.0倍
$818.4M
营收增速更快
ESI
高出32.6%
8.4%
净利率更高
DOCU
高出3.6%
6.7%
自由现金流更多
DOCU
多$337.1M
$-74.2M
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $840.0M |
| 净利润 | $83.7M | $56.0M |
| 毛利率 | 79.2% | 38.4% |
| 营业利润率 | 10.4% | 13.3% |
| 净利率 | 10.2% | 6.7% |
| 营收同比 | 8.4% | 41.0% |
| 净利润同比 | 34.1% | -43.0% |
| 每股收益（稀释后） | $0.40 | $0.23 |
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DOCUESI
| Q1 26 | — | $840.0M | ||
| Q4 25 | $818.4M | $676.2M | ||
| Q3 25 | $800.6M | $656.1M | ||
| Q2 25 | $763.7M | $625.2M | ||
| Q1 25 | — | $593.7M | ||
| Q4 24 | — | $624.2M | ||
| Q3 24 | — | $645.0M | ||
| Q2 24 | — | $612.7M |
净利润DOCUESI
| Q1 26 | — | $56.0M | ||
| Q4 25 | $83.7M | $6.2M | ||
| Q3 25 | $63.0M | $39.3M | ||
| Q2 25 | $72.1M | $47.4M | ||
| Q1 25 | — | $98.0M | ||
| Q4 24 | — | $54.7M | ||
| Q3 24 | — | $40.3M | ||
| Q2 24 | — | $93.2M |
毛利率DOCUESI
| Q1 26 | — | 38.4% | ||
| Q4 25 | 79.2% | 40.9% | ||
| Q3 25 | 79.3% | 42.2% | ||
| Q2 25 | 79.4% | 42.6% | ||
| Q1 25 | — | 42.2% | ||
| Q4 24 | — | 41.0% | ||
| Q3 24 | — | 41.5% | ||
| Q2 24 | — | 43.6% |
营业利润率DOCUESI
| Q1 26 | — | 13.3% | ||
| Q4 25 | 10.4% | 10.3% | ||
| Q3 25 | 8.1% | 15.4% | ||
| Q2 25 | 7.9% | 15.1% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 14.7% | ||
| Q2 24 | — | 15.7% |
净利率DOCUESI
| Q1 26 | — | 6.7% | ||
| Q4 25 | 10.2% | 0.9% | ||
| Q3 25 | 7.9% | 6.0% | ||
| Q2 25 | 9.4% | 7.6% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 15.2% |
每股收益（稀释后）DOCUESI
| Q1 26 | — | $0.23 | ||
| Q4 25 | $0.40 | $0.03 | ||
| Q3 25 | $0.30 | $0.16 | ||
| Q2 25 | $0.34 | $0.20 | ||
| Q1 25 | — | $0.40 | ||
| Q4 24 | — | $0.22 | ||
| Q3 24 | — | $0.17 | ||
| Q2 24 | — | $0.39 |
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 | $583.3M | $177.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $2.7B |
| 总资产 | $4.0B | $5.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DOCUESI
| Q1 26 | — | $177.3M | ||
| Q4 25 | $583.3M | $626.5M | ||
| Q3 25 | $600.0M | $594.3M | ||
| Q2 25 | $657.4M | $529.9M | ||
| Q1 25 | — | $499.2M | ||
| Q4 24 | — | $359.4M | ||
| Q3 24 | — | $376.0M | ||
| Q2 24 | — | $309.3M |
总债务DOCUESI
| Q1 26 | — | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.9B |
股东权益DOCUESI
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | $2.0B | $2.6B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
总资产DOCUESI
| Q1 26 | — | $5.7B | ||
| Q4 25 | $4.0B | $5.1B | ||
| Q3 25 | $3.9B | $5.0B | ||
| Q2 25 | $3.9B | $5.0B | ||
| Q1 25 | — | $4.8B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.0B |
负债/权益比DOCUESI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.76× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.81× |
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 | $290.3M | — |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $-74.2M |
| 自由现金流率自由现金流/营收 | 32.1% | -8.8% |
| 资本支出强度资本支出/营收 | 3.3% | 3.0% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流DOCUESI
| Q1 26 | — | — | ||
| Q4 25 | $290.3M | — | ||
| Q3 25 | $246.1M | $100.1M | ||
| Q2 25 | $251.4M | — | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $98.5M | ||
| Q2 24 | — | — |
自由现金流DOCUESI
| Q1 26 | — | $-74.2M | ||
| Q4 25 | $262.9M | — | ||
| Q3 25 | $217.6M | $83.6M | ||
| Q2 25 | $227.8M | — | ||
| Q1 25 | — | $15.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $85.9M | ||
| Q2 24 | — | — |
自由现金流率DOCUESI
| Q1 26 | — | -8.8% | ||
| Q4 25 | 32.1% | — | ||
| Q3 25 | 27.2% | 12.7% | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | — | — |
资本支出强度DOCUESI
| Q1 26 | — | 3.0% | ||
| Q4 25 | 3.3% | 2.5% | ||
| Q3 25 | 3.6% | 2.5% | ||
| Q2 25 | 3.1% | 2.8% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 2.4% |
现金转化率DOCUESI
| Q1 26 | — | — | ||
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | 2.55× | ||
| Q2 25 | 3.49× | — | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.44× | ||
| Q2 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
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
