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DOCUSIGN, INC.（DOCU）与罗宾汉（HOOD）财务数据对比。点击上方公司名可切换其他公司
罗宾汉的季度营收约是DOCUSIGN, INC.的1.1倍（$927.0M vs $818.4M），罗宾汉净利率更高（36.2% vs 10.2%，领先26.0%），DOCUSIGN, INC.同比增速更快（8.4% vs -27.7%）
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。
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
DOCU vs HOOD — 直观对比
营收规模更大
HOOD
是对方的1.1倍
$818.4M
营收增速更快
DOCU
高出36.2%
-27.7%
净利率更高
HOOD
高出26.0%
10.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $927.0M |
| 净利润 | $83.7M | $336.0M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | — |
| 净利率 | 10.2% | 36.2% |
| 营收同比 | 8.4% | -27.7% |
| 净利润同比 | 34.1% | -2.9% |
| 每股收益（稀释后） | $0.40 | $336.00 |
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DOCUHOOD
| Q1 26 | — | $927.0M | ||
| Q4 25 | $818.4M | $1.3B | ||
| Q3 25 | $800.6M | $1.3B | ||
| Q2 25 | $763.7M | $989.0M | ||
| Q1 25 | — | $927.0M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $637.0M | ||
| Q2 24 | — | $682.0M |
净利润DOCUHOOD
| Q1 26 | — | $336.0M | ||
| Q4 25 | $83.7M | $605.0M | ||
| Q3 25 | $63.0M | $556.0M | ||
| Q2 25 | $72.1M | $386.0M | ||
| Q1 25 | — | $336.0M | ||
| Q4 24 | — | $916.0M | ||
| Q3 24 | — | $150.0M | ||
| Q2 24 | — | $188.0M |
毛利率DOCUHOOD
| Q1 26 | — | — | ||
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率DOCUHOOD
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 51.5% | ||
| Q3 25 | 8.1% | 49.8% | ||
| Q2 25 | 7.9% | 44.7% | ||
| Q1 25 | — | 40.0% | ||
| Q4 24 | — | 55.0% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 28.0% |
净利率DOCUHOOD
| Q1 26 | — | 36.2% | ||
| Q4 25 | 10.2% | 47.2% | ||
| Q3 25 | 7.9% | 43.6% | ||
| Q2 25 | 9.4% | 39.0% | ||
| Q1 25 | — | 36.2% | ||
| Q4 24 | — | 90.3% | ||
| Q3 24 | — | 23.5% | ||
| Q2 24 | — | 27.6% |
每股收益（稀释后）DOCUHOOD
| Q1 26 | — | $336.00 | ||
| Q4 25 | $0.40 | $0.65 | ||
| Q3 25 | $0.30 | $0.61 | ||
| Q2 25 | $0.34 | $0.42 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | — | $1.00 | ||
| Q3 24 | — | $0.17 | ||
| Q2 24 | — | $0.21 |
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 | $4.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $9.2B |
| 总资产 | $4.0B | $38.1B |
| 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DOCUHOOD
| Q1 26 | — | $4.3B | ||
| Q4 25 | $583.3M | $4.3B | ||
| Q3 25 | $600.0M | $4.3B | ||
| Q2 25 | $657.4M | $4.2B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $4.5B |
股东权益DOCUHOOD
| Q1 26 | — | $9.2B | ||
| Q4 25 | $2.0B | $9.2B | ||
| Q3 25 | $2.0B | $8.6B | ||
| Q2 25 | $2.0B | $8.1B | ||
| Q1 25 | — | $8.0B | ||
| Q4 24 | — | $8.0B | ||
| Q3 24 | — | $7.2B | ||
| Q2 24 | — | $7.1B |
总资产DOCUHOOD
| Q1 26 | — | $38.1B | ||
| Q4 25 | $4.0B | $38.1B | ||
| Q3 25 | $3.9B | $41.5B | ||
| Q2 25 | $3.9B | $35.3B | ||
| Q1 25 | — | $27.5B | ||
| Q4 24 | — | $26.2B | ||
| Q3 24 | — | $43.2B | ||
| Q2 24 | — | $41.3B |
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 | $642.0M |
| 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× | 1.91× |
| 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DOCUHOOD
| Q1 26 | — | $642.0M | ||
| Q4 25 | $290.3M | $-937.0M | ||
| Q3 25 | $246.1M | $-1.6B | ||
| Q2 25 | $251.4M | $3.5B | ||
| Q1 25 | — | $642.0M | ||
| Q4 24 | — | $-1.4B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $54.0M |
自由现金流DOCUHOOD
| 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DOCUHOOD
| 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DOCUHOOD
| 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DOCUHOOD
| Q1 26 | — | 1.91× | ||
| Q4 25 | 3.47× | -1.55× | ||
| Q3 25 | 3.91× | -2.83× | ||
| Q2 25 | 3.49× | 9.09× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | — | -1.53× | ||
| Q3 24 | — | 12.08× | ||
| Q2 24 | — | 0.29× |
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% |
HOOD
| Transaction-based revenues | $583.0M | 63% |
| Other | $290.0M | 31% |
| Other revenues | $54.0M | 6% |
