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DOCUSIGN, INC.（DOCU）与Legence Corp.（LGN）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Legence Corp.的1.2倍（$818.4M vs $708.0M），DOCUSIGN, INC.净利率更高（10.2% vs -0.1%，领先10.3%），Legence Corp.同比增速更快（26.2% vs 8.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $137.4M）
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。
Legence Corp是一家可持续建筑与脱碳解决方案服务商，主要提供能效优化、楼宇自动化系统设计、可再生能源整合及低碳改造服务，客户覆盖商业、工业、公共机构等领域，核心业务布局北美，助力客户降低运营成本、减少碳排放。
DOCU vs LGN — 直观对比
营收规模更大
DOCU
是对方的1.2倍
$708.0M
营收增速更快
LGN
高出17.8%
8.4%
净利率更高
DOCU
高出10.3%
-0.1%
自由现金流更多
DOCU
多$125.5M
$137.4M
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $708.0M |
| 净利润 | $83.7M | $-576.0K |
| 毛利率 | 79.2% | 20.9% |
| 营业利润率 | 10.4% | 5.3% |
| 净利率 | 10.2% | -0.1% |
| 营收同比 | 8.4% | 26.2% |
| 净利润同比 | 34.1% | 46.8% |
| 每股收益（稀释后） | $0.40 | $-0.02 |
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DOCULGN
| Q4 25 | $818.4M | — | ||
| Q3 25 | $800.6M | $708.0M | ||
| Q2 25 | $763.7M | — | ||
| Q3 24 | — | $560.8M |
净利润DOCULGN
| Q4 25 | $83.7M | — | ||
| Q3 25 | $63.0M | $-576.0K | ||
| Q2 25 | $72.1M | — | ||
| Q3 24 | — | $-1.1M |
毛利率DOCULGN
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | 20.9% | ||
| Q2 25 | 79.4% | — | ||
| Q3 24 | — | 21.1% |
营业利润率DOCULGN
| Q4 25 | 10.4% | — | ||
| Q3 25 | 8.1% | 5.3% | ||
| Q2 25 | 7.9% | — | ||
| Q3 24 | — | 4.8% |
净利率DOCULGN
| Q4 25 | 10.2% | — | ||
| Q3 25 | 7.9% | -0.1% | ||
| Q2 25 | 9.4% | — | ||
| Q3 24 | — | -0.2% |
每股收益（稀释后）DOCULGN
| Q4 25 | $0.40 | — | ||
| Q3 25 | $0.30 | $-0.02 | ||
| Q2 25 | $0.34 | — | ||
| Q3 24 | — | — |
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 | $176.0M |
| 总债务越低越好 | — | $812.6M |
| 股东权益账面价值 | $2.0B | $387.9M |
| 总资产 | $4.0B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 2.10× |
8季度趋势，按日历期对齐
现金及短期投资DOCULGN
| Q4 25 | $583.3M | — | ||
| Q3 25 | $600.0M | $176.0M | ||
| Q2 25 | $657.4M | — | ||
| Q3 24 | — | — |
总债务DOCULGN
| Q4 25 | — | — | ||
| Q3 25 | — | $812.6M | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — |
股东权益DOCULGN
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | $387.9M | ||
| Q2 25 | $2.0B | — | ||
| Q3 24 | — | — |
总资产DOCULGN
| Q4 25 | $4.0B | — | ||
| Q3 25 | $3.9B | $2.6B | ||
| Q2 25 | $3.9B | — | ||
| Q3 24 | — | — |
负债/权益比DOCULGN
| Q4 25 | — | — | ||
| Q3 25 | — | 2.10× | ||
| Q2 25 | — | — | ||
| Q3 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 | $162.1M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $137.4M |
| 自由现金流率自由现金流/营收 | 32.1% | 19.4% |
| 资本支出强度资本支出/营收 | 3.3% | 3.5% |
| 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DOCULGN
| Q4 25 | $290.3M | — | ||
| Q3 25 | $246.1M | $162.1M | ||
| Q2 25 | $251.4M | — | ||
| Q3 24 | — | — |
自由现金流DOCULGN
| Q4 25 | $262.9M | — | ||
| Q3 25 | $217.6M | $137.4M | ||
| Q2 25 | $227.8M | — | ||
| Q3 24 | — | — |
自由现金流率DOCULGN
| Q4 25 | 32.1% | — | ||
| Q3 25 | 27.2% | 19.4% | ||
| Q2 25 | 29.8% | — | ||
| Q3 24 | — | — |
资本支出强度DOCULGN
| Q4 25 | 3.3% | — | ||
| Q3 25 | 3.6% | 3.5% | ||
| Q2 25 | 3.1% | — | ||
| Q3 24 | — | — |
现金转化率DOCULGN
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 3.49× | — | ||
| Q3 24 | — | — |
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% |
LGN
| Installation And Fabrication | $408.7M | 58% |
| Engineering And Design | $110.9M | 16% |
| Program And Project Management | $101.2M | 14% |
| Maintenance And Service | $87.1M | 12% |
