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DOCUSIGN, INC.（DOCU）与固瑞克（GGG）财务数据对比。点击上方公司名可切换其他公司
DOCUSIGN, INC.的季度营收约是固瑞克的1.4倍（$818.4M vs $593.2M），固瑞克净利率更高（22.3% vs 10.2%，领先12.1%），DOCUSIGN, INC.同比增速更快（8.4% vs 8.1%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $184.3M）
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。
固瑞克（Graco Inc.）是总部位于美国明尼苏达州明尼阿波利斯的工业企业，专注于流体处理系统及相关产品的研发与制造，旗下产品销往全球各地，广泛应用于多个工业领域。
DOCU vs GGG — 直观对比
营收规模更大
DOCU
是对方的1.4倍
$593.2M
营收增速更快
DOCU
高出0.3%
8.1%
净利率更高
GGG
高出12.1%
10.2%
自由现金流更多
DOCU
多$78.6M
$184.3M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $593.2M |
| 净利润 | $83.7M | $132.5M |
| 毛利率 | 79.2% | 51.7% |
| 营业利润率 | 10.4% | 26.7% |
| 净利率 | 10.2% | 22.3% |
| 营收同比 | 8.4% | 8.1% |
| 净利润同比 | 34.1% | 21.9% |
| 每股收益（稀释后） | $0.40 | $0.78 |
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DOCUGGG
| Q4 25 | $818.4M | $593.2M | ||
| Q3 25 | $800.6M | $543.4M | ||
| Q2 25 | $763.7M | $571.8M | ||
| Q1 25 | — | $528.3M | ||
| Q4 24 | — | $548.7M | ||
| Q3 24 | — | $519.2M | ||
| Q2 24 | — | $553.2M | ||
| Q1 24 | — | $492.2M |
净利润DOCUGGG
| Q4 25 | $83.7M | $132.5M | ||
| Q3 25 | $63.0M | $137.6M | ||
| Q2 25 | $72.1M | $127.6M | ||
| Q1 25 | — | $124.1M | ||
| Q4 24 | — | $108.7M | ||
| Q3 24 | — | $122.2M | ||
| Q2 24 | — | $133.0M | ||
| Q1 24 | — | $122.2M |
毛利率DOCUGGG
| Q4 25 | 79.2% | 51.7% | ||
| Q3 25 | 79.3% | 53.2% | ||
| Q2 25 | 79.4% | 52.4% | ||
| Q1 25 | — | 52.6% | ||
| Q4 24 | — | 50.9% | ||
| Q3 24 | — | 53.2% | ||
| Q2 24 | — | 54.4% | ||
| Q1 24 | — | 54.1% |
营业利润率DOCUGGG
| Q4 25 | 10.4% | 26.7% | ||
| Q3 25 | 8.1% | 30.3% | ||
| Q2 25 | 7.9% | 27.5% | ||
| Q1 25 | — | 27.3% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | — | 28.1% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 27.0% |
净利率DOCUGGG
| Q4 25 | 10.2% | 22.3% | ||
| Q3 25 | 7.9% | 25.3% | ||
| Q2 25 | 9.4% | 22.3% | ||
| Q1 25 | — | 23.5% | ||
| Q4 24 | — | 19.8% | ||
| Q3 24 | — | 23.5% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 24.8% |
每股收益（稀释后）DOCUGGG
| Q4 25 | $0.40 | $0.78 | ||
| Q3 25 | $0.30 | $0.82 | ||
| Q2 25 | $0.34 | $0.76 | ||
| Q1 25 | — | $0.72 | ||
| Q4 24 | — | $0.63 | ||
| Q3 24 | — | $0.71 | ||
| Q2 24 | — | $0.77 | ||
| Q1 24 | — | $0.71 |
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 | $624.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $2.7B |
| 总资产 | $4.0B | $3.3B |
| 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DOCUGGG
| Q4 25 | $583.3M | $624.1M | ||
| Q3 25 | $600.0M | $618.7M | ||
| Q2 25 | $657.4M | $534.9M | ||
| Q1 25 | — | $536.1M | ||
| Q4 24 | — | $675.3M | ||
| Q3 24 | — | $764.5M | ||
| Q2 24 | — | $666.0M | ||
| Q1 24 | — | $622.7M |
股东权益DOCUGGG
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $2.0B | $2.6B | ||
| Q2 25 | $2.0B | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.3B |
总资产DOCUGGG
| Q4 25 | $4.0B | $3.3B | ||
| Q3 25 | $3.9B | $3.2B | ||
| Q2 25 | $3.9B | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.8B |
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 | $196.3M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $184.3M |
| 自由现金流率自由现金流/营收 | 32.1% | 31.1% |
| 资本支出强度资本支出/营收 | 3.3% | 2.0% |
| 现金转化率经营现金流/净利润 | 3.47× | 1.48× |
| 过去12个月自由现金流最近4个季度 | — | $637.9M |
8季度趋势，按日历期对齐
经营现金流DOCUGGG
| Q4 25 | $290.3M | $196.3M | ||
| Q3 25 | $246.1M | $179.2M | ||
| Q2 25 | $251.4M | $182.7M | ||
| Q1 25 | — | $125.4M | ||
| Q4 24 | — | $185.2M | ||
| Q3 24 | — | $178.6M | ||
| Q2 24 | — | $139.0M | ||
| Q1 24 | — | $118.9M |
自由现金流DOCUGGG
| Q4 25 | $262.9M | $184.3M | ||
| Q3 25 | $217.6M | $175.7M | ||
| Q2 25 | $227.8M | $163.1M | ||
| Q1 25 | — | $114.8M | ||
| Q4 24 | — | $171.3M | ||
| Q3 24 | — | $159.2M | ||
| Q2 24 | — | $102.7M | ||
| Q1 24 | — | $81.7M |
自由现金流率DOCUGGG
| Q4 25 | 32.1% | 31.1% | ||
| Q3 25 | 27.2% | 32.3% | ||
| Q2 25 | 29.8% | 28.5% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 31.2% | ||
| Q3 24 | — | 30.7% | ||
| Q2 24 | — | 18.6% | ||
| Q1 24 | — | 16.6% |
资本支出强度DOCUGGG
| Q4 25 | 3.3% | 2.0% | ||
| Q3 25 | 3.6% | 0.6% | ||
| Q2 25 | 3.1% | 3.4% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 7.6% |
现金转化率DOCUGGG
| Q4 25 | 3.47× | 1.48× | ||
| Q3 25 | 3.91× | 1.30× | ||
| Q2 25 | 3.49× | 1.43× | ||
| Q1 25 | — | 1.01× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 0.97× |
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% |
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
