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DOCUSIGN, INC.（DOCU）与REV Group, Inc.（REVG）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REV Group, Inc.的1.2倍（$818.4M vs $664.4M），DOCUSIGN, INC.净利率更高（10.2% vs 4.3%，领先5.9%），REV Group, Inc.同比增速更快（11.1% vs 8.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $53.7M）
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。
REV Group是一家美国智能语音转文字服务提供商，总部位于旧金山和奥斯汀，成立于2010年，核心业务涵盖隐藏字幕制作、多语言字幕翻译及文字转录服务，曾获《PC Magazine》2018年编辑选择奖，2019年获评该杂志最佳转录服务提供商。
DOCU vs REVG — 直观对比
营收规模更大
DOCU
是对方的1.2倍
$664.4M
营收增速更快
REVG
高出2.7%
8.4%
净利率更高
DOCU
高出5.9%
4.3%
自由现金流更多
DOCU
多$209.2M
$53.7M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $664.4M |
| 净利润 | $83.7M | $28.9M |
| 毛利率 | 79.2% | 15.4% |
| 营业利润率 | 10.4% | 7.1% |
| 净利率 | 10.2% | 4.3% |
| 营收同比 | 8.4% | 11.1% |
| 净利润同比 | 34.1% | -30.7% |
| 每股收益（稀释后） | $0.40 | $0.57 |
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DOCUREVG
| Q4 25 | $818.4M | $664.4M | ||
| Q3 25 | $800.6M | $644.9M | ||
| Q2 25 | $763.7M | $629.1M | ||
| Q1 25 | — | $525.1M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $579.4M | ||
| Q2 24 | — | $616.9M | ||
| Q1 24 | — | $586.0M |
净利润DOCUREVG
| Q4 25 | $83.7M | $28.9M | ||
| Q3 25 | $63.0M | $29.1M | ||
| Q2 25 | $72.1M | $19.0M | ||
| Q1 25 | — | $18.2M | ||
| Q4 24 | — | $41.7M | ||
| Q3 24 | — | $18.0M | ||
| Q2 24 | — | $15.2M | ||
| Q1 24 | — | $182.7M |
毛利率DOCUREVG
| Q4 25 | 79.2% | 15.4% | ||
| Q3 25 | 79.3% | 15.8% | ||
| Q2 25 | 79.4% | 15.2% | ||
| Q1 25 | — | 13.3% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 13.5% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 10.7% |
营业利润率DOCUREVG
| Q4 25 | 10.4% | 7.1% | ||
| Q3 25 | 8.1% | 8.8% | ||
| Q2 25 | 7.9% | 7.9% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | -1.1% |
净利率DOCUREVG
| Q4 25 | 10.2% | 4.3% | ||
| Q3 25 | 7.9% | 4.5% | ||
| Q2 25 | 9.4% | 3.0% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 7.0% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 2.5% | ||
| Q1 24 | — | 31.2% |
每股收益（稀释后）DOCUREVG
| Q4 25 | $0.40 | $0.57 | ||
| Q3 25 | $0.30 | $0.59 | ||
| Q2 25 | $0.34 | $0.38 | ||
| Q1 25 | — | $0.35 | ||
| Q4 24 | — | $1.03 | ||
| Q3 24 | — | $0.35 | ||
| Q2 24 | — | $0.28 | ||
| Q1 24 | — | $3.06 |
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 | $34.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $416.3M |
| 总资产 | $4.0B | $1.2B |
| 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DOCUREVG
| Q4 25 | $583.3M | $34.7M | ||
| Q3 25 | $600.0M | $36.0M | ||
| Q2 25 | $657.4M | $28.8M | ||
| Q1 25 | — | $31.6M | ||
| Q4 24 | — | $24.6M | ||
| Q3 24 | — | $50.5M | ||
| Q2 24 | — | $38.2M | ||
| Q1 24 | — | $87.9M |
股东权益DOCUREVG
| Q4 25 | $2.0B | $416.3M | ||
| Q3 25 | $2.0B | $387.3M | ||
| Q2 25 | $2.0B | $357.8M | ||
| Q1 25 | — | $428.8M | ||
| Q4 24 | — | $435.1M | ||
| Q3 24 | — | $394.6M | ||
| Q2 24 | — | $379.7M | ||
| Q1 24 | — | $496.1M |
总资产DOCUREVG
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $3.9B | $1.2B | ||
| Q2 25 | $3.9B | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.4B |
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 | $76.9M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $53.7M |
| 自由现金流率自由现金流/营收 | 32.1% | 8.1% |
| 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× | 2.66× |
| 过去12个月自由现金流最近4个季度 | — | $190.0M |
8季度趋势，按日历期对齐
经营现金流DOCUREVG
| Q4 25 | $290.3M | $76.9M | ||
| Q3 25 | $246.1M | $60.3M | ||
| Q2 25 | $251.4M | $117.0M | ||
| Q1 25 | — | $-13.1M | ||
| Q4 24 | — | $68.6M | ||
| Q3 24 | — | $14.4M | ||
| Q2 24 | — | $40.1M | ||
| Q1 24 | — | $-69.7M |
自由现金流DOCUREVG
| Q4 25 | $262.9M | $53.7M | ||
| Q3 25 | $217.6M | $48.7M | ||
| Q2 25 | $227.8M | $105.6M | ||
| Q1 25 | — | $-18.0M | ||
| Q4 24 | — | $63.3M | ||
| Q3 24 | — | $8.5M | ||
| Q2 24 | — | $34.2M | ||
| Q1 24 | — | $-80.2M |
自由现金流率DOCUREVG
| Q4 25 | 32.1% | 8.1% | ||
| Q3 25 | 27.2% | 7.6% | ||
| Q2 25 | 29.8% | 16.8% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | -13.7% |
资本支出强度DOCUREVG
| Q4 25 | 3.3% | 3.5% | ||
| Q3 25 | 3.6% | 1.8% | ||
| Q2 25 | 3.1% | 1.8% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 1.8% |
现金转化率DOCUREVG
| Q4 25 | 3.47× | 2.66× | ||
| Q3 25 | 3.91× | 2.07× | ||
| Q2 25 | 3.49× | 6.16× | ||
| Q1 25 | — | -0.72× | ||
| Q4 24 | — | 1.65× | ||
| Q3 24 | — | 0.80× | ||
| Q2 24 | — | 2.64× | ||
| Q1 24 | — | -0.38× |
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% |
REVG
| Specialty Vehicles | $507.4M | 76% |
| Recreational Vehicles | $157.2M | 24% |
