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DOCUSIGN, INC.（DOCU）与RPC INC（RES）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RPC INC的1.9倍（$818.4M vs $425.8M），DOCUSIGN, INC.净利率更高（10.2% vs -0.7%，领先10.9%），RPC INC同比增速更快（27.0% vs 8.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $31.2M）
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。
RPC集团是总部位于英国的企业，曾是欧洲规模最大的塑料包装供应商之一，总部坐落于北安普敦郡的拉什登。该公司此前在伦敦证券交易所上市，2019年被贝瑞全球集团收购，贝瑞全球集团又于2025年被安海斯包装收购。
DOCU vs RES — 直观对比
营收规模更大
DOCU
是对方的1.9倍
$425.8M
营收增速更快
RES
高出18.5%
8.4%
净利率更高
DOCU
高出10.9%
-0.7%
自由现金流更多
DOCU
多$231.7M
$31.2M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $425.8M |
| 净利润 | $83.7M | $-3.1M |
| 毛利率 | 79.2% | 21.0% |
| 营业利润率 | 10.4% | -0.9% |
| 净利率 | 10.2% | -0.7% |
| 营收同比 | 8.4% | 27.0% |
| 净利润同比 | 34.1% | -124.0% |
| 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DOCURES
| Q4 25 | $818.4M | $425.8M | ||
| Q3 25 | $800.6M | $447.1M | ||
| Q2 25 | $763.7M | $420.8M | ||
| Q1 25 | — | $332.9M | ||
| Q4 24 | — | $335.4M | ||
| Q3 24 | — | $337.7M | ||
| Q2 24 | — | $364.2M | ||
| Q1 24 | — | $377.8M |
净利润DOCURES
| Q4 25 | $83.7M | $-3.1M | ||
| Q3 25 | $63.0M | $13.0M | ||
| Q2 25 | $72.1M | $10.1M | ||
| Q1 25 | — | $12.0M | ||
| Q4 24 | — | $12.8M | ||
| Q3 24 | — | $18.8M | ||
| Q2 24 | — | $32.4M | ||
| Q1 24 | — | $27.5M |
毛利率DOCURES
| Q4 25 | 79.2% | 21.0% | ||
| Q3 25 | 79.3% | 25.1% | ||
| Q2 25 | 79.4% | 24.5% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 25.4% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | — | 26.8% |
营业利润率DOCURES
| Q4 25 | 10.4% | -0.9% | ||
| Q3 25 | 8.1% | 4.7% | ||
| Q2 25 | 7.9% | 3.7% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 8.6% |
净利率DOCURES
| Q4 25 | 10.2% | -0.7% | ||
| Q3 25 | 7.9% | 2.9% | ||
| Q2 25 | 9.4% | 2.4% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 8.9% | ||
| Q1 24 | — | 7.3% |
每股收益（稀释后）DOCURES
| Q4 25 | $0.40 | $-0.02 | ||
| Q3 25 | $0.30 | $0.06 | ||
| Q2 25 | $0.34 | $0.05 | ||
| Q1 25 | — | $0.06 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $0.09 | ||
| Q2 24 | — | $0.15 | ||
| Q1 24 | — | $0.13 |
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 | $210.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $1.1B |
| 总资产 | $4.0B | $1.5B |
| 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DOCURES
| Q4 25 | $583.3M | $210.0M | ||
| Q3 25 | $600.0M | $163.5M | ||
| Q2 25 | $657.4M | $162.1M | ||
| Q1 25 | — | $326.7M | ||
| Q4 24 | — | $326.0M | ||
| Q3 24 | — | $276.9M | ||
| Q2 24 | — | $261.5M | ||
| Q1 24 | — | $212.2M |
股东权益DOCURES
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.0B |
总资产DOCURES
| Q4 25 | $4.0B | $1.5B | ||
| Q3 25 | $3.9B | $1.5B | ||
| Q2 25 | $3.9B | $1.5B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
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 | $61.9M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $31.2M |
| 自由现金流率自由现金流/营收 | 32.1% | 7.3% |
| 资本支出强度资本支出/营收 | 3.3% | 7.2% |
| 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 | — | $52.9M |
8季度趋势，按日历期对齐
经营现金流DOCURES
| Q4 25 | $290.3M | $61.9M | ||
| Q3 25 | $246.1M | $46.5M | ||
| Q2 25 | $251.4M | $53.1M | ||
| Q1 25 | — | $39.9M | ||
| Q4 24 | — | $94.2M | ||
| Q3 24 | — | $70.7M | ||
| Q2 24 | — | $127.9M | ||
| Q1 24 | — | $56.6M |
自由现金流DOCURES
| Q4 25 | $262.9M | $31.2M | ||
| Q3 25 | $217.6M | $4.1M | ||
| Q2 25 | $227.8M | $10.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $53.7M | ||
| Q3 24 | — | $19.1M | ||
| Q2 24 | — | $52.9M | ||
| Q1 24 | — | $3.8M |
自由现金流率DOCURES
| Q4 25 | 32.1% | 7.3% | ||
| Q3 25 | 27.2% | 0.9% | ||
| Q2 25 | 29.8% | 2.4% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 16.0% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 14.5% | ||
| Q1 24 | — | 1.0% |
资本支出强度DOCURES
| Q4 25 | 3.3% | 7.2% | ||
| Q3 25 | 3.6% | 9.5% | ||
| Q2 25 | 3.1% | 10.2% | ||
| Q1 25 | — | 9.7% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | — | 20.6% | ||
| Q1 24 | — | 14.0% |
现金转化率DOCURES
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | 3.59× | ||
| Q2 25 | 3.49× | 5.23× | ||
| Q1 25 | — | 3.31× | ||
| Q4 24 | — | 7.38× | ||
| Q3 24 | — | 3.76× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | 2.06× |
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% |
RES
| Technical Service | $405.2M | 95% |
| Other | $8.8M | 2% |
| Nitrogen | $6.6M | 2% |
