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DOCUSIGN, INC.（DOCU）与Liberty Energy Inc.（LBRT）财务数据对比。点击上方公司名可切换其他公司
Liberty Energy Inc.的季度营收约是DOCUSIGN, INC.的1.2倍（$1.0B vs $818.4M），DOCUSIGN, INC.净利率更高（10.2% vs 2.2%，领先8.0%），DOCUSIGN, INC.同比增速更快（8.4% vs 4.5%）
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。
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
DOCU vs LBRT — 直观对比
营收规模更大
LBRT
是对方的1.2倍
$818.4M
营收增速更快
DOCU
高出3.9%
4.5%
净利率更高
DOCU
高出8.0%
2.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $1.0B |
| 净利润 | $83.7M | $22.6M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 2.2% |
| 净利率 | 10.2% | 2.2% |
| 营收同比 | 8.4% | 4.5% |
| 净利润同比 | 34.1% | — |
| 每股收益（稀释后） | $0.40 | $0.14 |
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DOCULBRT
| Q1 26 | — | $1.0B | ||
| Q4 25 | $818.4M | $1.0B | ||
| Q3 25 | $800.6M | $947.4M | ||
| Q2 25 | $763.7M | $1.0B | ||
| Q1 25 | — | $977.5M | ||
| Q4 24 | — | $943.6M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B |
净利润DOCULBRT
| Q1 26 | — | $22.6M | ||
| Q4 25 | $83.7M | $13.7M | ||
| Q3 25 | $63.0M | $43.1M | ||
| Q2 25 | $72.1M | $71.0M | ||
| Q1 25 | — | $20.1M | ||
| Q4 24 | — | $51.9M | ||
| Q3 24 | — | $73.8M | ||
| Q2 24 | — | $108.4M |
毛利率DOCULBRT
| Q1 26 | — | — | ||
| Q4 25 | 79.2% | 20.6% | ||
| Q3 25 | 79.3% | 18.7% | ||
| Q2 25 | 79.4% | 22.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 27.9% |
营业利润率DOCULBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | 10.4% | 1.9% | ||
| Q3 25 | 8.1% | -0.3% | ||
| Q2 25 | 7.9% | 3.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 9.4% | ||
| Q2 24 | — | 12.2% |
净利率DOCULBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | 10.2% | 1.3% | ||
| Q3 25 | 7.9% | 4.5% | ||
| Q2 25 | 9.4% | 6.8% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | — | 9.3% |
每股收益（稀释后）DOCULBRT
| Q1 26 | — | $0.14 | ||
| Q4 25 | $0.40 | $0.08 | ||
| Q3 25 | $0.30 | $0.26 | ||
| Q2 25 | $0.34 | $0.43 | ||
| Q1 25 | — | $0.12 | ||
| Q4 24 | — | $0.31 | ||
| Q3 24 | — | $0.44 | ||
| Q2 24 | — | $0.64 |
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 | $699.1M |
| 总债务越低越好 | — | $7.1M |
| 股东权益账面价值 | $2.0B | $1.9B |
| 总资产 | $4.0B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资DOCULBRT
| Q1 26 | — | $699.1M | ||
| Q4 25 | $583.3M | $27.6M | ||
| Q3 25 | $600.0M | $13.5M | ||
| Q2 25 | $657.4M | $19.6M | ||
| Q1 25 | — | $24.1M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | — | $23.0M | ||
| Q2 24 | — | $30.0M |
总债务DOCULBRT
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $246.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DOCULBRT
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.0B | $2.1B | ||
| Q3 25 | $2.0B | $2.1B | ||
| Q2 25 | $2.0B | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $1.9B |
总资产DOCULBRT
| Q1 26 | — | $4.4B | ||
| Q4 25 | $4.0B | $3.6B | ||
| Q3 25 | $3.9B | $3.5B | ||
| Q2 25 | $3.9B | $3.4B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | — | $3.2B |
负债/权益比DOCULBRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% | 13.1% |
| 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DOCULBRT
| Q1 26 | — | — | ||
| Q4 25 | $290.3M | $195.4M | ||
| Q3 25 | $246.1M | $51.5M | ||
| Q2 25 | $251.4M | $170.6M | ||
| Q1 25 | — | $192.1M | ||
| Q4 24 | — | $177.3M | ||
| Q3 24 | — | $244.5M | ||
| Q2 24 | — | $248.2M |
自由现金流DOCULBRT
| Q1 26 | — | — | ||
| Q4 25 | $262.9M | $-10.0M | ||
| Q3 25 | $217.6M | $-67.2M | ||
| Q2 25 | $227.8M | $33.1M | ||
| Q1 25 | — | $58.2M | ||
| Q4 24 | — | $-26.2M | ||
| Q3 24 | — | $77.9M | ||
| Q2 24 | — | $112.2M |
自由现金流率DOCULBRT
| Q1 26 | — | — | ||
| Q4 25 | 32.1% | -1.0% | ||
| Q3 25 | 27.2% | -7.1% | ||
| Q2 25 | 29.8% | 3.2% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | -2.8% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 9.7% |
资本支出强度DOCULBRT
| Q1 26 | — | 13.1% | ||
| Q4 25 | 3.3% | 19.8% | ||
| Q3 25 | 3.6% | 12.5% | ||
| Q2 25 | 3.1% | 13.2% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | — | 14.6% | ||
| Q2 24 | — | 11.7% |
现金转化率DOCULBRT
| Q1 26 | — | — | ||
| Q4 25 | 3.47× | 14.28× | ||
| Q3 25 | 3.91× | 1.20× | ||
| Q2 25 | 3.49× | 2.40× | ||
| Q1 25 | — | 9.55× | ||
| Q4 24 | — | 3.42× | ||
| Q3 24 | — | 3.31× | ||
| Q2 24 | — | 2.29× |
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% |
LBRT
暂无分部数据
