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DOCUSIGN, INC.（DOCU）与Veralto（VLTO）财务数据对比。点击上方公司名可切换其他公司
Veralto的季度营收约是DOCUSIGN, INC.的1.7倍（$1.4B vs $818.4M），Veralto净利率更高（17.9% vs 10.2%，领先7.6%），DOCUSIGN, INC.同比增速更快（8.4% vs 6.8%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $170.0M）
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。
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
DOCU vs VLTO — 直观对比
营收规模更大
VLTO
是对方的1.7倍
$818.4M
营收增速更快
DOCU
高出1.7%
6.8%
净利率更高
VLTO
高出7.6%
10.2%
自由现金流更多
DOCU
多$92.9M
$170.0M
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $1.4B |
| 净利润 | $83.7M | $254.0M |
| 毛利率 | 79.2% | 60.1% |
| 营业利润率 | 10.4% | 23.8% |
| 净利率 | 10.2% | 17.9% |
| 营收同比 | 8.4% | 6.8% |
| 净利润同比 | 34.1% | 12.9% |
| 每股收益（稀释后） | $0.40 | $1.02 |
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DOCUVLTO
| Q1 26 | — | $1.4B | ||
| Q4 25 | $818.4M | $1.4B | ||
| Q3 25 | $800.6M | $1.4B | ||
| Q2 25 | $763.7M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.2B |
净利润DOCUVLTO
| Q1 26 | — | $254.0M | ||
| Q4 25 | $83.7M | $239.0M | ||
| Q3 25 | $63.0M | $222.0M | ||
| Q2 25 | $72.1M | $225.0M | ||
| Q4 24 | — | $227.0M | ||
| Q3 24 | — | $219.0M | ||
| Q2 24 | — | $203.0M | ||
| Q1 24 | — | $184.0M |
毛利率DOCUVLTO
| Q1 26 | — | 60.1% | ||
| Q4 25 | 79.2% | 60.1% | ||
| Q3 25 | 79.3% | 60.0% | ||
| Q2 25 | 79.4% | 60.4% | ||
| Q4 24 | — | 59.6% | ||
| Q3 24 | — | 59.6% | ||
| Q2 24 | — | 60.1% | ||
| Q1 24 | — | 60.0% |
营业利润率DOCUVLTO
| Q1 26 | — | 23.8% | ||
| Q4 25 | 10.4% | 23.2% | ||
| Q3 25 | 8.1% | 22.8% | ||
| Q2 25 | 7.9% | 24.2% | ||
| Q4 24 | — | 22.9% | ||
| Q3 24 | — | 23.4% | ||
| Q2 24 | — | 23.2% | ||
| Q1 24 | — | 23.5% |
净利率DOCUVLTO
| Q1 26 | — | 17.9% | ||
| Q4 25 | 10.2% | 17.0% | ||
| Q3 25 | 7.9% | 16.2% | ||
| Q2 25 | 9.4% | 16.9% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | — | 16.7% | ||
| Q2 24 | — | 15.8% | ||
| Q1 24 | — | 14.8% |
每股收益（稀释后）DOCUVLTO
| Q1 26 | — | $1.02 | ||
| Q4 25 | $0.40 | $0.95 | ||
| Q3 25 | $0.30 | $0.89 | ||
| Q2 25 | $0.34 | $0.90 | ||
| Q4 24 | — | $0.91 | ||
| Q3 24 | — | $0.88 | ||
| Q2 24 | — | $0.81 | ||
| Q1 24 | — | $0.74 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | — |
| 总资产 | $4.0B | — |
| 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DOCUVLTO
| Q1 26 | — | — | ||
| Q4 25 | $583.3M | $1.8B | ||
| Q3 25 | $600.0M | $1.6B | ||
| Q2 25 | $657.4M | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $827.0M |
总债务DOCUVLTO
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.6B |
股东权益DOCUVLTO
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $2.8B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | $2.0B | $2.3B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.5B |
总资产DOCUVLTO
| Q1 26 | — | — | ||
| Q4 25 | $4.0B | $7.4B | ||
| Q3 25 | $3.9B | $7.2B | ||
| Q2 25 | $3.9B | $6.6B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.3B | ||
| Q2 24 | — | $5.9B | ||
| Q1 24 | — | $5.7B |
负债/权益比DOCUVLTO
| Q1 26 | — | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | — | 1.14× | ||
| Q4 24 | — | 1.28× | ||
| Q3 24 | — | 1.35× | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 1.77× |
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 | $182.0M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $170.0M |
| 自由现金流率自由现金流/营收 | 32.1% | 12.0% |
| 资本支出强度资本支出/营收 | 3.3% | 0.8% |
| 现金转化率经营现金流/净利润 | 3.47× | 0.72× |
| 过去12个月自由现金流最近4个季度 | — | $893.0M |
8季度趋势，按日历期对齐
经营现金流DOCUVLTO
| Q1 26 | — | $182.0M | ||
| Q4 25 | $290.3M | $270.0M | ||
| Q3 25 | $246.1M | $339.0M | ||
| Q2 25 | $251.4M | $157.0M | ||
| Q4 24 | — | $285.0M | ||
| Q3 24 | — | $224.0M | ||
| Q2 24 | — | $251.0M | ||
| Q1 24 | — | $115.0M |
自由现金流DOCUVLTO
| Q1 26 | — | $170.0M | ||
| Q4 25 | $262.9M | $258.0M | ||
| Q3 25 | $217.6M | $323.0M | ||
| Q2 25 | $227.8M | $142.0M | ||
| Q4 24 | — | $263.0M | ||
| Q3 24 | — | $215.0M | ||
| Q2 24 | — | $240.0M | ||
| Q1 24 | — | $102.0M |
自由现金流率DOCUVLTO
| Q1 26 | — | 12.0% | ||
| Q4 25 | 32.1% | 18.4% | ||
| Q3 25 | 27.2% | 23.6% | ||
| Q2 25 | 29.8% | 10.7% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 18.6% | ||
| Q1 24 | — | 8.2% |
资本支出强度DOCUVLTO
| Q1 26 | — | 0.8% | ||
| Q4 25 | 3.3% | 0.9% | ||
| Q3 25 | 3.6% | 1.2% | ||
| Q2 25 | 3.1% | 1.1% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 1.0% |
现金转化率DOCUVLTO
| Q1 26 | — | 0.72× | ||
| Q4 25 | 3.47× | 1.13× | ||
| Q3 25 | 3.91× | 1.53× | ||
| Q2 25 | 3.49× | 0.70× | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 1.24× | ||
| Q1 24 | — | 0.63× |
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% |
VLTO
暂无分部数据
