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DOCUSIGN, INC.（DOCU）与Skyward Specialty Insurance Group, Inc.（SKWD）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Skyward Specialty Insurance Group, Inc.的1.7倍（$818.4M vs $475.9M），Skyward Specialty Insurance Group, Inc.净利率更高（10.5% vs 10.2%，领先0.2%），Skyward Specialty Insurance Group, Inc.同比增速更快（44.8% 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。
Skyward Specialty Insurance Group是一家专业财产和意外伤害保险提供商，推出商业车险、一般责任险、职业赔偿险、特种财产险等定制化保障方案，主要服务美国各地的中小企业及细分行业客户，专注承保服务不足群体的复杂高难度风险。
DOCU vs SKWD — 直观对比
营收规模更大
DOCU
是对方的1.7倍
$475.9M
营收增速更快
SKWD
高出36.4%
8.4%
净利率更高
SKWD
高出0.2%
10.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $475.9M |
| 净利润 | $83.7M | $49.7M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 14.9% |
| 净利率 | 10.2% | 10.5% |
| 营收同比 | 8.4% | 44.8% |
| 净利润同比 | 34.1% | — |
| 每股收益（稀释后） | $0.40 | $1.09 |
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DOCUSKWD
| Q1 26 | — | $475.9M | ||
| Q4 25 | $818.4M | $385.6M | ||
| Q3 25 | $800.6M | $382.5M | ||
| Q2 25 | $763.7M | $319.9M | ||
| Q1 25 | — | $328.5M | ||
| Q4 24 | — | $304.4M | ||
| Q3 24 | — | $300.9M | ||
| Q2 24 | — | $279.9M |
净利润DOCUSKWD
| Q1 26 | — | $49.7M | ||
| Q4 25 | $83.7M | $43.2M | ||
| Q3 25 | $63.0M | $45.9M | ||
| Q2 25 | $72.1M | $38.8M | ||
| Q1 25 | — | $42.1M | ||
| Q4 24 | — | $14.4M | ||
| Q3 24 | — | $36.7M | ||
| Q2 24 | — | $31.0M |
毛利率DOCUSKWD
| Q1 26 | — | — | ||
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率DOCUSKWD
| Q1 26 | — | 14.9% | ||
| Q4 25 | 10.4% | 14.2% | ||
| Q3 25 | 8.1% | 15.8% | ||
| Q2 25 | 7.9% | 15.6% | ||
| Q1 25 | — | 15.7% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 14.4% |
净利率DOCUSKWD
| Q1 26 | — | 10.5% | ||
| Q4 25 | 10.2% | 11.2% | ||
| Q3 25 | 7.9% | 12.0% | ||
| Q2 25 | 9.4% | 12.1% | ||
| Q1 25 | — | 12.8% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 12.2% | ||
| Q2 24 | — | 11.1% |
每股收益（稀释后）DOCUSKWD
| Q1 26 | — | $1.09 | ||
| Q4 25 | $0.40 | $1.03 | ||
| Q3 25 | $0.30 | $1.10 | ||
| Q2 25 | $0.34 | $0.93 | ||
| Q1 25 | — | $1.01 | ||
| Q4 24 | — | $0.33 | ||
| Q3 24 | — | $0.89 | ||
| Q2 24 | — | $0.75 |
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 | $4.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $1.2B |
| 总资产 | $4.0B | $6.5B |
| 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DOCUSKWD
| Q1 26 | — | $4.1M | ||
| Q4 25 | $583.3M | $168.5M | ||
| Q3 25 | $600.0M | $160.1M | ||
| Q2 25 | $657.4M | $136.6M | ||
| Q1 25 | — | $112.9M | ||
| Q4 24 | — | $121.6M | ||
| Q3 24 | — | $105.6M | ||
| Q2 24 | — | $73.0M |
股东权益DOCUSKWD
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.0B | $1.0B | ||
| Q3 25 | $2.0B | $961.4M | ||
| Q2 25 | $2.0B | $899.9M | ||
| Q1 25 | — | $850.7M | ||
| Q4 24 | — | $794.0M | ||
| Q3 24 | — | $797.5M | ||
| Q2 24 | — | $723.6M |
总资产DOCUSKWD
| Q1 26 | — | $6.5B | ||
| Q4 25 | $4.0B | $4.8B | ||
| Q3 25 | $3.9B | $4.6B | ||
| Q2 25 | $3.9B | $4.3B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.4B |
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 | — |
| 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× | — |
| 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DOCUSKWD
| Q1 26 | — | — | ||
| Q4 25 | $290.3M | $408.1M | ||
| Q3 25 | $246.1M | $171.4M | ||
| Q2 25 | $251.4M | $88.2M | ||
| Q1 25 | — | $96.8M | ||
| Q4 24 | — | $305.1M | ||
| Q3 24 | — | $168.0M | ||
| Q2 24 | — | $21.0M |
自由现金流DOCUSKWD
| Q1 26 | — | — | ||
| Q4 25 | $262.9M | $402.6M | ||
| Q3 25 | $217.6M | $168.9M | ||
| Q2 25 | $227.8M | $87.1M | ||
| Q1 25 | — | $96.6M | ||
| Q4 24 | — | $300.9M | ||
| Q3 24 | — | $167.6M | ||
| Q2 24 | — | $18.4M |
自由现金流率DOCUSKWD
| Q1 26 | — | — | ||
| Q4 25 | 32.1% | 104.4% | ||
| Q3 25 | 27.2% | 44.2% | ||
| Q2 25 | 29.8% | 27.2% | ||
| Q1 25 | — | 29.4% | ||
| Q4 24 | — | 98.8% | ||
| Q3 24 | — | 55.7% | ||
| Q2 24 | — | 6.6% |
资本支出强度DOCUSKWD
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | 1.4% | ||
| Q3 25 | 3.6% | 0.6% | ||
| Q2 25 | 3.1% | 0.3% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.9% |
现金转化率DOCUSKWD
| Q1 26 | — | — | ||
| Q4 25 | 3.47× | 9.44× | ||
| Q3 25 | 3.91× | 3.73× | ||
| Q2 25 | 3.49× | 2.27× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | — | 21.18× | ||
| Q3 24 | — | 4.58× | ||
| Q2 24 | — | 0.68× |
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% |
SKWD
暂无分部数据
