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DOCUSIGN, INC.（DOCU）与StoneX Group Inc.（SNEX）财务数据对比。点击上方公司名可切换其他公司
StoneX Group Inc.的季度营收约是DOCUSIGN, INC.的1.5倍（$1.2B vs $818.4M），StoneX Group Inc.净利率更高（11.6% vs 10.2%，领先1.3%），StoneX Group Inc.同比增速更快（81.0% vs 8.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $-1.3B）
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。
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
DOCU vs SNEX — 直观对比
营收规模更大
SNEX
是对方的1.5倍
$818.4M
营收增速更快
SNEX
高出72.6%
8.4%
净利率更高
SNEX
高出1.3%
10.2%
自由现金流更多
DOCU
多$1.5B
$-1.3B
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $1.2B |
| 净利润 | $83.7M | $139.0M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 15.4% |
| 净利率 | 10.2% | 11.6% |
| 营收同比 | 8.4% | 81.0% |
| 净利润同比 | 34.1% | 63.3% |
| 每股收益（稀释后） | $0.40 | $2.50 |
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DOCUSNEX
| Q4 25 | $818.4M | $1.2B | ||
| Q3 25 | $800.6M | $32.7B | ||
| Q2 25 | $763.7M | $851.2M | ||
| Q1 25 | — | $820.4M | ||
| Q4 24 | — | $663.1M | ||
| Q3 24 | — | $31.1B | ||
| Q2 24 | — | $571.8M | ||
| Q1 24 | — | $509.2M |
净利润DOCUSNEX
| Q4 25 | $83.7M | $139.0M | ||
| Q3 25 | $63.0M | $85.7M | ||
| Q2 25 | $72.1M | $63.4M | ||
| Q1 25 | — | $71.7M | ||
| Q4 24 | — | $85.1M | ||
| Q3 24 | — | $76.7M | ||
| Q2 24 | — | $61.9M | ||
| Q1 24 | — | $53.1M |
毛利率DOCUSNEX
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | 3.7% | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率DOCUSNEX
| Q4 25 | 10.4% | 15.4% | ||
| Q3 25 | 8.1% | 0.3% | ||
| Q2 25 | 7.9% | -1.3% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | -0.0% | ||
| Q2 24 | — | -4.7% | ||
| Q1 24 | — | -2.5% |
净利率DOCUSNEX
| Q4 25 | 10.2% | 11.6% | ||
| Q3 25 | 7.9% | 0.3% | ||
| Q2 25 | 9.4% | 7.4% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 10.8% | ||
| Q1 24 | — | 10.4% |
每股收益（稀释后）DOCUSNEX
| Q4 25 | $0.40 | $2.50 | ||
| Q3 25 | $0.30 | $0.72 | ||
| Q2 25 | $0.34 | $1.22 | ||
| Q1 25 | — | $1.41 | ||
| Q4 24 | — | $1.69 | ||
| Q3 24 | — | $2.32 | ||
| Q2 24 | — | $1.25 | ||
| Q1 24 | — | $1.09 |
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 | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $2.5B |
| 总资产 | $4.0B | $47.8B |
| 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DOCUSNEX
| Q4 25 | $583.3M | $1.6B | ||
| Q3 25 | $600.0M | $1.6B | ||
| Q2 25 | $657.4M | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.3B |
股东权益DOCUSNEX
| Q4 25 | $2.0B | $2.5B | ||
| Q3 25 | $2.0B | $2.4B | ||
| Q2 25 | $2.0B | $2.0B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.5B |
总资产DOCUSNEX
| Q4 25 | $4.0B | $47.8B | ||
| Q3 25 | $3.9B | $45.3B | ||
| Q2 25 | $3.9B | $34.3B | ||
| Q1 25 | — | $31.3B | ||
| Q4 24 | — | $29.6B | ||
| Q3 24 | — | $27.5B | ||
| Q2 24 | — | $25.9B | ||
| Q1 24 | — | $25.7B |
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 | $-1.3B |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $-1.3B |
| 自由现金流率自由现金流/营收 | 32.1% | -106.4% |
| 资本支出强度资本支出/营收 | 3.3% | 1.3% |
| 现金转化率经营现金流/净利润 | 3.47× | -9.08× |
| 过去12个月自由现金流最近4个季度 | — | $3.5B |
8季度趋势，按日历期对齐
经营现金流DOCUSNEX
| Q4 25 | $290.3M | $-1.3B | ||
| Q3 25 | $246.1M | $3.5B | ||
| Q2 25 | $251.4M | $1.5B | ||
| Q1 25 | — | $-154.5M | ||
| Q4 24 | — | $-477.8M | ||
| Q3 24 | — | $192.6M | ||
| Q2 24 | — | $-622.1M | ||
| Q1 24 | — | $784.0M |
自由现金流DOCUSNEX
| Q4 25 | $262.9M | $-1.3B | ||
| Q3 25 | $217.6M | $3.5B | ||
| Q2 25 | $227.8M | $1.5B | ||
| Q1 25 | — | $-169.8M | ||
| Q4 24 | — | $-491.4M | ||
| Q3 24 | — | $175.9M | ||
| Q2 24 | — | $-640.5M | ||
| Q1 24 | — | $766.6M |
自由现金流率DOCUSNEX
| Q4 25 | 32.1% | -106.4% | ||
| Q3 25 | 27.2% | 10.7% | ||
| Q2 25 | 29.8% | 173.3% | ||
| Q1 25 | — | -20.7% | ||
| Q4 24 | — | -74.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | -112.0% | ||
| Q1 24 | — | 150.5% |
资本支出强度DOCUSNEX
| Q4 25 | 3.3% | 1.3% | ||
| Q3 25 | 3.6% | 0.1% | ||
| Q2 25 | 3.1% | 1.9% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 3.4% |
现金转化率DOCUSNEX
| Q4 25 | 3.47× | -9.08× | ||
| Q3 25 | 3.91× | 41.18× | ||
| Q2 25 | 3.49× | 23.52× | ||
| Q1 25 | — | -2.15× | ||
| Q4 24 | — | -5.61× | ||
| Q3 24 | — | 2.51× | ||
| Q2 24 | — | -10.05× | ||
| Q1 24 | — | 14.76× |
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% |
SNEX
暂无分部数据
