vs
DOCUSIGN, INC.（DOCU）与Vestis Corp（VSTS）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Vestis Corp的1.2倍（$818.4M vs $663.4M），DOCUSIGN, INC.净利率更高（10.2% vs -1.0%，领先11.2%），DOCUSIGN, INC.同比增速更快（8.4% vs -3.0%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $28.3M）
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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
DOCU vs VSTS — 直观对比
营收规模更大
DOCU
是对方的1.2倍
$663.4M
营收增速更快
DOCU
高出11.4%
-3.0%
净利率更高
DOCU
高出11.2%
-1.0%
自由现金流更多
DOCU
多$234.6M
$28.3M
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $663.4M |
| 净利润 | $83.7M | $-6.4M |
| 毛利率 | 79.2% | — |
| 营业利润率 | 10.4% | 2.5% |
| 净利率 | 10.2% | -1.0% |
| 营收同比 | 8.4% | -3.0% |
| 净利润同比 | 34.1% | -868.1% |
| 每股收益（稀释后） | $0.40 | $-0.05 |
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DOCUVSTS
| Q1 26 | — | $663.4M | ||
| Q4 25 | $818.4M | $712.0M | ||
| Q3 25 | $800.6M | — | ||
| Q2 25 | $763.7M | $673.8M | ||
| Q1 25 | — | $665.2M | ||
| Q4 24 | — | $683.8M | ||
| Q3 24 | — | $684.3M | ||
| Q2 24 | — | $698.2M |
净利润DOCUVSTS
| Q1 26 | — | $-6.4M | ||
| Q4 25 | $83.7M | $-12.5M | ||
| Q3 25 | $63.0M | — | ||
| Q2 25 | $72.1M | $-676.0K | ||
| Q1 25 | — | $-27.8M | ||
| Q4 24 | — | $832.0K | ||
| Q3 24 | — | $-2.3M | ||
| Q2 24 | — | $5.0M |
毛利率DOCUVSTS
| 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DOCUVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | 10.4% | 2.5% | ||
| Q3 25 | 8.1% | — | ||
| Q2 25 | 7.9% | 3.7% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 5.4% |
净利率DOCUVSTS
| Q1 26 | — | -1.0% | ||
| Q4 25 | 10.2% | -1.8% | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 9.4% | -0.1% | ||
| Q1 25 | — | -4.2% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | -0.3% | ||
| Q2 24 | — | 0.7% |
每股收益（稀释后）DOCUVSTS
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $0.40 | $-0.10 | ||
| Q3 25 | $0.30 | — | ||
| Q2 25 | $0.34 | $-0.01 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | — | $0.04 |
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 | $41.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $864.4M |
| 总资产 | $4.0B | $2.9B |
| 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DOCUVSTS
| Q1 26 | — | $41.5M | ||
| Q4 25 | $583.3M | $29.7M | ||
| Q3 25 | $600.0M | — | ||
| Q2 25 | $657.4M | $23.7M | ||
| Q1 25 | — | $28.8M | ||
| Q4 24 | — | $18.6M | ||
| Q3 24 | — | $31.0M | ||
| Q2 24 | — | $29.1M |
总债务DOCUVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益DOCUVSTS
| Q1 26 | — | $864.4M | ||
| Q4 25 | $2.0B | $865.6M | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | $882.2M | ||
| Q1 25 | — | $876.3M | ||
| Q4 24 | — | $899.6M | ||
| Q3 24 | — | $903.1M | ||
| Q2 24 | — | $901.2M |
总资产DOCUVSTS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $4.0B | $2.9B | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | $2.9B | ||
| Q1 25 | — | $2.9B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $3.1B |
负债/权益比DOCUVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.35× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.29× | ||
| Q2 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 | $37.7M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $28.3M |
| 自由现金流率自由现金流/营收 | 32.1% | 4.3% |
| 资本支出强度资本支出/营收 | 3.3% | 1.4% |
| 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 | — | $45.0M |
8季度趋势，按日历期对齐
经营现金流DOCUVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $290.3M | $30.9M | ||
| Q3 25 | $246.1M | — | ||
| Q2 25 | $251.4M | $22.9M | ||
| Q1 25 | — | $6.7M | ||
| Q4 24 | — | $3.8M | ||
| Q3 24 | — | $295.6M | ||
| Q2 24 | — | $48.7M |
自由现金流DOCUVSTS
| Q1 26 | — | $28.3M | ||
| Q4 25 | $262.9M | $15.6M | ||
| Q3 25 | $217.6M | — | ||
| Q2 25 | $227.8M | $8.0M | ||
| Q1 25 | — | $-6.9M | ||
| Q4 24 | — | $-11.0M | ||
| Q3 24 | — | $267.5M | ||
| Q2 24 | — | $27.7M |
自由现金流率DOCUVSTS
| Q1 26 | — | 4.3% | ||
| Q4 25 | 32.1% | 2.2% | ||
| Q3 25 | 27.2% | — | ||
| Q2 25 | 29.8% | 1.2% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 4.0% |
资本支出强度DOCUVSTS
| Q1 26 | — | 1.4% | ||
| Q4 25 | 3.3% | 2.2% | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 3.1% | 2.2% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 3.0% |
现金转化率DOCUVSTS
| Q1 26 | — | — | ||
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 3.49× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 9.66× |
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% |
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
