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DOCUSIGN, INC.（DOCU）与狮门影业（LION）财务数据对比。点击上方公司名可切换其他公司
DOCUSIGN, INC.的季度营收约是狮门影业的1.1倍（$818.4M vs $724.3M），DOCUSIGN, INC.净利率更高（10.2% vs -6.4%，领先16.6%），狮门影业同比增速更快（52.5% vs 8.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $-111.9M）
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。
狮门加拿大是狮门影业旗下的加拿大娱乐公司，总部位于多伦多娱乐区，核心业务涵盖电影与电视剧的制作、采购发行，为全球市场打造优质影视内容，在北美影视制作领域拥有丰富的行业资源与成熟的运营经验。
DOCU vs LION — 直观对比
营收规模更大
DOCU
是对方的1.1倍
$724.3M
营收增速更快
LION
高出44.0%
8.4%
净利率更高
DOCU
高出16.6%
-6.4%
自由现金流更多
DOCU
多$374.8M
$-111.9M
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $724.3M |
| 净利润 | $83.7M | $-46.2M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 5.0% |
| 净利率 | 10.2% | -6.4% |
| 营收同比 | 8.4% | 52.5% |
| 净利润同比 | 34.1% | 59.3% |
| 每股收益（稀释后） | $0.40 | $-0.16 |
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DOCULION
| Q4 25 | $818.4M | $724.3M | ||
| Q3 25 | $800.6M | $475.1M | ||
| Q2 25 | $763.7M | $525.9M |
净利润DOCULION
| Q4 25 | $83.7M | $-46.2M | ||
| Q3 25 | $63.0M | $-113.5M | ||
| Q2 25 | $72.1M | $-108.9M |
毛利率DOCULION
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — |
营业利润率DOCULION
| Q4 25 | 10.4% | 5.0% | ||
| Q3 25 | 8.1% | -9.7% | ||
| Q2 25 | 7.9% | -2.0% |
净利率DOCULION
| Q4 25 | 10.2% | -6.4% | ||
| Q3 25 | 7.9% | -23.9% | ||
| Q2 25 | 9.4% | -20.7% |
每股收益（稀释后）DOCULION
| Q4 25 | $0.40 | $-0.16 | ||
| Q3 25 | $0.30 | $-0.39 | ||
| Q2 25 | $0.34 | $-0.40 |
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 | $182.4M |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | $2.0B | $-1.3B |
| 总资产 | $4.0B | $5.2B |
| 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DOCULION
| Q4 25 | $583.3M | $182.4M | ||
| Q3 25 | $600.0M | $202.4M | ||
| Q2 25 | $657.4M | $186.1M |
总债务DOCULION
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.5B |
股东权益DOCULION
| Q4 25 | $2.0B | $-1.3B | ||
| Q3 25 | $2.0B | $-1.3B | ||
| Q2 25 | $2.0B | $-1.1B |
总资产DOCULION
| Q4 25 | $4.0B | $5.2B | ||
| Q3 25 | $3.9B | $5.2B | ||
| Q2 25 | $3.9B | $5.2B |
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 | $-108.9M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $-111.9M |
| 自由现金流率自由现金流/营收 | 32.1% | -15.4% |
| 资本支出强度资本支出/营收 | 3.3% | 0.4% |
| 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DOCULION
| Q4 25 | $290.3M | $-108.9M | ||
| Q3 25 | $246.1M | $-104.0M | ||
| Q2 25 | $251.4M | $-31.0M |
自由现金流DOCULION
| Q4 25 | $262.9M | $-111.9M | ||
| Q3 25 | $217.6M | $-107.2M | ||
| Q2 25 | $227.8M | $-34.5M |
自由现金流率DOCULION
| Q4 25 | 32.1% | -15.4% | ||
| Q3 25 | 27.2% | -22.6% | ||
| Q2 25 | 29.8% | -6.6% |
资本支出强度DOCULION
| Q4 25 | 3.3% | 0.4% | ||
| Q3 25 | 3.6% | 0.7% | ||
| Q2 25 | 3.1% | 0.7% |
现金转化率DOCULION
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 3.49× | — |
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% |
LION
| Television Production | $303.1M | 42% |
| Digital Media | $155.1M | 21% |
| Third Party Purchasers Individual Agreements | $91.2M | 13% |
| Theatrical | $70.7M | 10% |
| Domestic Television | $43.1M | 6% |
| Starz Business | $24.1M | 3% |
| Other Media | $17.6M | 2% |
| Packaged Media | $14.1M | 2% |
