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DOCUSIGN, INC.（DOCU）与WARRIOR MET COAL, INC.（HCC）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WARRIOR MET COAL, INC.的1.8倍（$818.4M vs $458.6M），WARRIOR MET COAL, INC.净利率更高（15.8% vs 10.2%，领先5.5%），WARRIOR MET COAL, INC.同比增速更快（52.1% vs 8.4%）
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。
Warrior Met Coal（股票代码HCC）是总部位于美国的矿业企业，主营高品质冶金煤的开采与供应，其产品是钢铁制造的核心原材料，主要服务北美、欧洲、亚洲地区的钢铁生产商及工业客户。
DOCU vs HCC — 直观对比
营收规模更大
DOCU
是对方的1.8倍
$458.6M
营收增速更快
HCC
高出43.6%
8.4%
净利率更高
HCC
高出5.5%
10.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $458.6M |
| 净利润 | $83.7M | $72.3M |
| 毛利率 | 79.2% | 36.7% |
| 营业利润率 | 10.4% | 17.3% |
| 净利率 | 10.2% | 15.8% |
| 营收同比 | 8.4% | 52.1% |
| 净利润同比 | 34.1% | — |
| 每股收益（稀释后） | $0.40 | $1.37 |
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DOCUHCC
| Q1 26 | — | $458.6M | ||
| Q4 25 | $818.4M | $384.0M | ||
| Q3 25 | $800.6M | $328.6M | ||
| Q2 25 | $763.7M | $297.5M | ||
| Q1 25 | — | $299.9M | ||
| Q4 24 | — | $297.5M | ||
| Q3 24 | — | $327.7M | ||
| Q2 24 | — | $396.5M |
净利润DOCUHCC
| Q1 26 | — | $72.3M | ||
| Q4 25 | $83.7M | $23.0M | ||
| Q3 25 | $63.0M | $36.6M | ||
| Q2 25 | $72.1M | $5.6M | ||
| Q1 25 | — | $-8.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | — | $41.8M | ||
| Q2 24 | — | $70.7M |
毛利率DOCUHCC
| Q1 26 | — | 36.7% | ||
| Q4 25 | 79.2% | 29.5% | ||
| Q3 25 | 79.3% | 27.1% | ||
| Q2 25 | 79.4% | 23.9% | ||
| Q1 25 | — | 18.1% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 29.3% | ||
| Q2 24 | — | 34.1% |
营业利润率DOCUHCC
| Q1 26 | — | 17.3% | ||
| Q4 25 | 10.4% | 9.0% | ||
| Q3 25 | 8.1% | 6.3% | ||
| Q2 25 | 7.9% | 2.6% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | -1.4% | ||
| Q3 24 | — | 11.9% | ||
| Q2 24 | — | 17.9% |
净利率DOCUHCC
| Q1 26 | — | 15.8% | ||
| Q4 25 | 10.2% | 6.0% | ||
| Q3 25 | 7.9% | 11.1% | ||
| Q2 25 | 9.4% | 1.9% | ||
| Q1 25 | — | -2.7% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 17.8% |
每股收益（稀释后）DOCUHCC
| Q1 26 | — | $1.37 | ||
| Q4 25 | $0.40 | $0.43 | ||
| Q3 25 | $0.30 | $0.70 | ||
| Q2 25 | $0.34 | $0.11 | ||
| Q1 25 | — | $-0.16 | ||
| Q4 24 | — | $0.02 | ||
| Q3 24 | — | $0.80 | ||
| Q2 24 | — | $1.35 |
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 | $233.2M |
| 总债务越低越好 | — | $154.4M |
| 股东权益账面价值 | $2.0B | — |
| 总资产 | $4.0B | $2.8B |
| 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DOCUHCC
| Q1 26 | — | $233.2M | ||
| Q4 25 | $583.3M | $300.0M | ||
| Q3 25 | $600.0M | $336.3M | ||
| Q2 25 | $657.4M | $383.3M | ||
| Q1 25 | — | $454.9M | ||
| Q4 24 | — | $491.5M | ||
| Q3 24 | — | $583.2M | ||
| Q2 24 | — | $709.0M |
总债务DOCUHCC
| Q1 26 | — | $154.4M | ||
| Q4 25 | — | $154.3M | ||
| Q3 25 | — | $154.1M | ||
| Q2 25 | — | $153.9M | ||
| Q1 25 | — | $153.8M | ||
| Q4 24 | — | $153.6M | ||
| Q3 24 | — | $153.5M | ||
| Q2 24 | — | $153.3M |
股东权益DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $2.1B | ||
| Q3 25 | $2.0B | $2.1B | ||
| Q2 25 | $2.0B | $2.1B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.0B |
总资产DOCUHCC
| Q1 26 | — | $2.8B | ||
| Q4 25 | $4.0B | $2.8B | ||
| Q3 25 | $3.9B | $2.7B | ||
| Q2 25 | $3.9B | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B |
负债/权益比DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 0.07× |
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 | — |
| 自由现金流率自由现金流/营收 | 32.1% | — |
| 资本支出强度资本支出/营收 | 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 | — | — |
8季度趋势，按日历期对齐
经营现金流DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | $290.3M | $76.1M | ||
| Q3 25 | $246.1M | $104.7M | ||
| Q2 25 | $251.4M | $37.5M | ||
| Q1 25 | — | $10.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $62.2M | ||
| Q2 24 | — | $147.0M |
自由现金流DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | $262.9M | — | ||
| Q3 25 | $217.6M | — | ||
| Q2 25 | $227.8M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | 32.1% | — | ||
| Q3 25 | 27.2% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | — | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率DOCUHCC
| Q1 26 | — | — | ||
| Q4 25 | 3.47× | 3.31× | ||
| Q3 25 | 3.91× | 2.86× | ||
| Q2 25 | 3.49× | 6.70× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.68× | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | — | 2.08× |
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% |
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
