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DOCUSIGN, INC.（DOCU）与KEMPER Corp（KMPR）财务数据对比。点击上方公司名可切换其他公司
KEMPER Corp的季度营收约是DOCUSIGN, INC.的1.4倍（$1.1B vs $818.4M），DOCUSIGN, INC.净利率更高（10.2% vs -0.7%，领先10.9%），DOCUSIGN, INC.同比增速更快（8.4% vs -4.7%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $166.2M）
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。
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
DOCU vs KMPR — 直观对比
营收规模更大
KMPR
是对方的1.4倍
$818.4M
营收增速更快
DOCU
高出13.1%
-4.7%
净利率更高
DOCU
高出10.9%
-0.7%
自由现金流更多
DOCU
多$96.7M
$166.2M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $1.1B |
| 净利润 | $83.7M | $-8.0M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | — |
| 净利率 | 10.2% | -0.7% |
| 营收同比 | 8.4% | -4.7% |
| 净利润同比 | 34.1% | -108.2% |
| 每股收益（稀释后） | $0.40 | $-0.03 |
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DOCUKMPR
| Q4 25 | $818.4M | $1.1B | ||
| Q3 25 | $800.6M | $1.2B | ||
| Q2 25 | $763.7M | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
净利润DOCUKMPR
| Q4 25 | $83.7M | $-8.0M | ||
| Q3 25 | $63.0M | $-21.0M | ||
| Q2 25 | $72.1M | $72.6M | ||
| Q1 25 | — | $99.7M | ||
| Q4 24 | — | $97.4M | ||
| Q3 24 | — | $73.7M | ||
| Q2 24 | — | $75.4M | ||
| Q1 24 | — | $71.3M |
毛利率DOCUKMPR
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率DOCUKMPR
| Q4 25 | 10.4% | — | ||
| Q3 25 | 8.1% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 11.2% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 7.6% |
净利率DOCUKMPR
| Q4 25 | 10.2% | -0.7% | ||
| Q3 25 | 7.9% | -1.7% | ||
| Q2 25 | 9.4% | 5.9% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 6.7% | ||
| Q1 24 | — | 6.2% |
每股收益（稀释后）DOCUKMPR
| Q4 25 | $0.40 | $-0.03 | ||
| Q3 25 | $0.30 | $-0.34 | ||
| Q2 25 | $0.34 | $1.12 | ||
| Q1 25 | — | $1.54 | ||
| Q4 24 | — | $1.51 | ||
| Q3 24 | — | $1.14 | ||
| Q2 24 | — | $1.16 | ||
| Q1 24 | — | $1.10 |
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 | — |
| 总债务越低越好 | — | $943.5M |
| 股东权益账面价值 | $2.0B | $2.7B |
| 总资产 | $4.0B | $12.5B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资DOCUKMPR
| Q4 25 | $583.3M | — | ||
| Q3 25 | $600.0M | $371.2M | ||
| Q2 25 | $657.4M | $407.6M | ||
| Q1 25 | — | $545.3M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $696.9M | ||
| Q2 24 | — | $539.1M | ||
| Q1 24 | — | $520.7M |
总债务DOCUKMPR
| Q4 25 | — | $943.5M | ||
| Q3 25 | — | $943.1M | ||
| Q2 25 | — | $942.6M | ||
| Q1 25 | — | $942.1M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益DOCUKMPR
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | $2.0B | $370.0M | ||
| Q1 25 | — | $366.0M | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $358.0M | ||
| Q1 24 | — | $2.6B |
总资产DOCUKMPR
| Q4 25 | $4.0B | $12.5B | ||
| Q3 25 | $3.9B | $12.4B | ||
| Q2 25 | $3.9B | $12.6B | ||
| Q1 25 | — | $12.5B | ||
| Q4 24 | — | $12.6B | ||
| Q3 24 | — | $12.6B | ||
| Q2 24 | — | $12.6B | ||
| Q1 24 | — | $12.6B |
负债/权益比DOCUKMPR
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 2.55× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 3.88× | ||
| Q1 24 | — | 0.54× |
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 | $175.0M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $166.2M |
| 自由现金流率自由现金流/营收 | 32.1% | 14.7% |
| 资本支出强度资本支出/营收 | 3.3% | 0.8% |
| 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 | — | $553.9M |
8季度趋势，按日历期对齐
经营现金流DOCUKMPR
| Q4 25 | $290.3M | $175.0M | ||
| Q3 25 | $246.1M | $139.9M | ||
| Q2 25 | $251.4M | $89.6M | ||
| Q1 25 | — | $180.0M | ||
| Q4 24 | — | $175.1M | ||
| Q3 24 | — | $141.9M | ||
| Q2 24 | — | $22.9M | ||
| Q1 24 | — | $43.0M |
自由现金流DOCUKMPR
| Q4 25 | $262.9M | $166.2M | ||
| Q3 25 | $217.6M | $133.4M | ||
| Q2 25 | $227.8M | $82.0M | ||
| Q1 25 | — | $172.3M | ||
| Q4 24 | — | $165.4M | ||
| Q3 24 | — | $131.4M | ||
| Q2 24 | — | $5.2M | ||
| Q1 24 | — | $27.7M |
自由现金流率DOCUKMPR
| Q4 25 | 32.1% | 14.7% | ||
| Q3 25 | 27.2% | 10.8% | ||
| Q2 25 | 29.8% | 6.7% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 11.1% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 2.4% |
资本支出强度DOCUKMPR
| Q4 25 | 3.3% | 0.8% | ||
| Q3 25 | 3.6% | 0.5% | ||
| Q2 25 | 3.1% | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | — | 1.3% |
现金转化率DOCUKMPR
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 3.49× | 1.23× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.60× |
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% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
