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DOCUSIGN, INC.（DOCU）与Primerica, Inc.（PRI）财务数据对比。点击上方公司名可切换其他公司
Primerica, Inc.的季度营收约是DOCUSIGN, INC.的1.0倍（$853.7M vs $818.4M），Primerica, Inc.净利率更高（23.1% vs 10.2%，领先12.9%），Primerica, Inc.同比增速更快（11.0% vs 8.4%）
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。
Primerica, Inc.是一家采用多层次营销模式的金融服务机构，业务覆盖美国与加拿大市场，主要面向当地中等收入家庭提供保险、投资等多元化金融产品，满足客户的风险保障与差异化财富管理需求。
DOCU vs PRI — 直观对比
营收规模更大
PRI
是对方的1.0倍
$818.4M
营收增速更快
PRI
高出2.6%
8.4%
净利率更高
PRI
高出12.9%
10.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $853.7M |
| 净利润 | $83.7M | $197.0M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 28.9% |
| 净利率 | 10.2% | 23.1% |
| 营收同比 | 8.4% | 11.0% |
| 净利润同比 | 34.1% | 17.9% |
| 每股收益（稀释后） | $0.40 | $6.11 |
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DOCUPRI
| Q4 25 | $818.4M | $853.7M | ||
| Q3 25 | $800.6M | $839.9M | ||
| Q2 25 | $763.7M | $793.3M | ||
| Q1 25 | — | $804.8M | ||
| Q4 24 | — | $768.8M | ||
| Q3 24 | — | $774.1M | ||
| Q2 24 | — | $803.4M | ||
| Q1 24 | — | $742.8M |
净利润DOCUPRI
| Q4 25 | $83.7M | $197.0M | ||
| Q3 25 | $63.0M | $206.8M | ||
| Q2 25 | $72.1M | $178.3M | ||
| Q1 25 | — | $169.1M | ||
| Q4 24 | — | $167.1M | ||
| Q3 24 | — | $164.4M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | $137.9M |
毛利率DOCUPRI
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 98.0% | ||
| Q1 24 | — | 98.2% |
营业利润率DOCUPRI
| Q4 25 | 10.4% | 28.9% | ||
| Q3 25 | 8.1% | 32.3% | ||
| Q2 25 | 7.9% | 29.6% | ||
| Q1 25 | — | 27.5% | ||
| Q4 24 | — | 64.7% | ||
| Q3 24 | — | 32.9% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 24.1% |
净利率DOCUPRI
| Q4 25 | 10.2% | 23.1% | ||
| Q3 25 | 7.9% | 24.6% | ||
| Q2 25 | 9.4% | 22.5% | ||
| Q1 25 | — | 21.0% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 18.6% |
每股收益（稀释后）DOCUPRI
| Q4 25 | $0.40 | $6.11 | ||
| Q3 25 | $0.30 | $6.35 | ||
| Q2 25 | $0.34 | $5.40 | ||
| Q1 25 | — | $5.05 | ||
| Q4 24 | — | $4.92 | ||
| Q3 24 | — | $4.83 | ||
| Q2 24 | — | $0.03 | ||
| Q1 24 | — | $3.93 |
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 | $756.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $2.4B |
| 总资产 | $4.0B | $15.0B |
| 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DOCUPRI
| Q4 25 | $583.3M | $756.2M | ||
| Q3 25 | $600.0M | $644.9M | ||
| Q2 25 | $657.4M | $621.2M | ||
| Q1 25 | — | $625.1M | ||
| Q4 24 | — | $687.8M | ||
| Q3 24 | — | $550.1M | ||
| Q2 24 | — | $627.3M | ||
| Q1 24 | — | $593.4M |
股东权益DOCUPRI
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $2.0B | $2.3B | ||
| Q2 25 | $2.0B | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.2B |
总资产DOCUPRI
| Q4 25 | $4.0B | $15.0B | ||
| Q3 25 | $3.9B | $14.8B | ||
| Q2 25 | $3.9B | $14.8B | ||
| Q1 25 | — | $14.6B | ||
| Q4 24 | — | $14.6B | ||
| Q3 24 | — | $14.8B | ||
| Q2 24 | — | $14.6B | ||
| Q1 24 | — | $14.9B |
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 | $338.2M |
| 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× | 1.72× |
| 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DOCUPRI
| Q4 25 | $290.3M | $338.2M | ||
| Q3 25 | $246.1M | $202.9M | ||
| Q2 25 | $251.4M | $162.6M | ||
| Q1 25 | — | $197.5M | ||
| Q4 24 | — | $270.6M | ||
| Q3 24 | — | $207.3M | ||
| Q2 24 | — | $173.3M | ||
| Q1 24 | — | $210.9M |
自由现金流DOCUPRI
| Q4 25 | $262.9M | — | ||
| Q3 25 | $217.6M | — | ||
| Q2 25 | $227.8M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DOCUPRI
| Q4 25 | 32.1% | — | ||
| Q3 25 | 27.2% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DOCUPRI
| Q4 25 | 3.3% | — | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率DOCUPRI
| Q4 25 | 3.47× | 1.72× | ||
| Q3 25 | 3.91× | 0.98× | ||
| Q2 25 | 3.49× | 0.91× | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | — | 1.62× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 147.98× | ||
| Q1 24 | — | 1.53× |
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% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
