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DOCUSIGN, INC.（DOCU）与E.W. SCRIPPS Co（SSP）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E.W. SCRIPPS Co的1.5倍（$818.4M vs $560.3M），DOCUSIGN, INC.净利率更高（10.2% vs -5.1%，领先15.3%），DOCUSIGN, INC.同比增速更快（8.4% vs -23.1%），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。
E.W.斯克里普斯公司简称斯克里普斯，是美国的广播传媒企业，1878年由爱德华·威利斯·斯克里普斯与姐姐艾伦·勃朗宁·斯克里普斯创立，最初为日报连锁企业，前身是一家传媒集团，如今总部位于俄亥俄州辛辛那提市的斯克里普斯中心，企业格言为“给人光明，大众自寻前路”，品牌标识为沿用已久的灯塔。
DOCU vs SSP — 直观对比
营收规模更大
DOCU
是对方的1.5倍
$560.3M
营收增速更快
DOCU
高出31.5%
-23.1%
净利率更高
DOCU
高出15.3%
-5.1%
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 | $560.3M |
| 净利润 | $83.7M | $-28.5M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 7.5% |
| 净利率 | 10.2% | -5.1% |
| 营收同比 | 8.4% | -23.1% |
| 净利润同比 | 34.1% | -129.9% |
| 每股收益（稀释后） | $0.40 | $-0.51 |
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DOCUSSP
| Q4 25 | $818.4M | $560.3M | ||
| Q3 25 | $800.6M | $525.9M | ||
| Q2 25 | $763.7M | $540.1M | ||
| Q1 25 | — | $524.4M | ||
| Q4 24 | — | $728.4M | ||
| Q3 24 | — | $646.3M | ||
| Q2 24 | — | $573.6M | ||
| Q1 24 | — | $561.5M |
净利润DOCUSSP
| Q4 25 | $83.7M | $-28.5M | ||
| Q3 25 | $63.0M | $-33.0M | ||
| Q2 25 | $72.1M | $-36.0M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $95.4M | ||
| Q3 24 | — | $47.8M | ||
| Q2 24 | — | $1.4M | ||
| Q1 24 | — | $1.6M |
毛利率DOCUSSP
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率DOCUSSP
| Q4 25 | 10.4% | 7.5% | ||
| Q3 25 | 8.1% | 7.2% | ||
| Q2 25 | 7.9% | 14.2% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | — | 18.8% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 7.7% |
净利率DOCUSSP
| Q4 25 | 10.2% | -5.1% | ||
| Q3 25 | 7.9% | -6.3% | ||
| Q2 25 | 9.4% | -6.7% | ||
| Q1 25 | — | -0.7% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
每股收益（稀释后）DOCUSSP
| Q4 25 | $0.40 | $-0.51 | ||
| Q3 25 | $0.30 | $-0.55 | ||
| Q2 25 | $0.34 | $-0.59 | ||
| Q1 25 | — | $-0.22 | ||
| Q4 24 | — | $0.94 | ||
| Q3 24 | — | $0.37 | ||
| Q2 24 | — | $-0.15 | ||
| Q1 24 | — | $-0.15 |
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 | $27.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $1.2B |
| 总资产 | $4.0B | $5.0B |
| 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DOCUSSP
| Q4 25 | $583.3M | $27.9M | ||
| Q3 25 | $600.0M | $54.7M | ||
| Q2 25 | $657.4M | $31.7M | ||
| Q1 25 | — | $24.0M | ||
| Q4 24 | — | $23.9M | ||
| Q3 24 | — | $34.6M | ||
| Q2 24 | — | $26.7M | ||
| Q1 24 | — | $30.2M |
总债务DOCUSSP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DOCUSSP
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $2.0B | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
总资产DOCUSSP
| Q4 25 | $4.0B | $5.0B | ||
| Q3 25 | $3.9B | $5.1B | ||
| Q2 25 | $3.9B | $5.1B | ||
| Q1 25 | — | $5.1B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | — | $5.3B | ||
| Q2 24 | — | $5.3B | ||
| Q1 24 | — | $5.3B |
负债/权益比DOCUSSP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $45.1M |
| 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% | 5.6% |
| 资本支出强度资本支出/营收 | 3.3% | 2.5% |
| 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 | — | $6.5M |
8季度趋势，按日历期对齐
经营现金流DOCUSSP
| Q4 25 | $290.3M | $45.1M | ||
| Q3 25 | $246.1M | $21.8M | ||
| Q2 25 | $251.4M | $-10.5M | ||
| Q1 25 | — | $-3.3M | ||
| Q4 24 | — | $153.3M | ||
| Q3 24 | — | $140.6M | ||
| Q2 24 | — | $26.4M | ||
| Q1 24 | — | $45.4M |
自由现金流DOCUSSP
| Q4 25 | $262.9M | $31.2M | ||
| Q3 25 | $217.6M | $6.4M | ||
| Q2 25 | $227.8M | $-22.7M | ||
| Q1 25 | — | $-8.4M | ||
| Q4 24 | — | $146.9M | ||
| Q3 24 | — | $127.4M | ||
| Q2 24 | — | $2.8M | ||
| Q1 24 | — | $23.3M |
自由现金流率DOCUSSP
| Q4 25 | 32.1% | 5.6% | ||
| Q3 25 | 27.2% | 1.2% | ||
| Q2 25 | 29.8% | -4.2% | ||
| Q1 25 | — | -1.6% | ||
| Q4 24 | — | 20.2% | ||
| Q3 24 | — | 19.7% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 4.1% |
资本支出强度DOCUSSP
| Q4 25 | 3.3% | 2.5% | ||
| Q3 25 | 3.6% | 2.9% | ||
| Q2 25 | 3.1% | 2.3% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 4.1% | ||
| Q1 24 | — | 3.9% |
现金转化率DOCUSSP
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 3.49× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.61× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 18.45× | ||
| Q1 24 | — | 27.94× |
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% |
SSP
| Local Media Segment | $355.1M | 63% |
| Scripps Networks | $199.5M | 36% |
| Political Advertising Revenue | $10.0M | 2% |
