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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and DOCUSIGN, INC. (DOCU). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $818.4M, roughly 1.1× DOCUSIGN, INC.). DOCUSIGN, INC. runs the higher net margin — 10.2% vs -35.7%, a 45.9% gap on every dollar of revenue. On growth, DOCUSIGN, INC. posted the faster year-over-year revenue change (8.4% vs -4.6%).

Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.

Docusign, Inc. is an American software company headquartered in San Francisco, California that provides products for organizations to manage electronic agreements with electronic signatures on different devices. As of 2025, Docusign has about 1.7 million clients in 180 countries. Signatures processed by Docusign are compliant with the US ESIGN Act and the European Union's eIDAS regulation, including EU Advanced and EU Qualified Signatures.

BIPC vs DOCU — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.1× larger
BIPC
$866.0M
$818.4M
DOCU
Growing faster (revenue YoY)
DOCU
DOCU
+13.0% gap
DOCU
8.4%
-4.6%
BIPC
Higher net margin
DOCU
DOCU
45.9% more per $
DOCU
10.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIPC
BIPC
DOCU
DOCU
Revenue
$866.0M
$818.4M
Net Profit
$-309.0M
$83.7M
Gross Margin
65.0%
79.2%
Operating Margin
62.7%
10.4%
Net Margin
-35.7%
10.2%
Revenue YoY
-4.6%
8.4%
Net Profit YoY
-148.1%
34.1%
EPS (diluted)
$0.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BIPC
BIPC
DOCU
DOCU
Q4 25
$818.4M
Q3 25
$800.6M
Q2 25
$866.0M
$763.7M
Q2 24
$908.0M
Q2 23
$538.0M
Q2 22
$479.0M
Net Profit
BIPC
BIPC
DOCU
DOCU
Q4 25
$83.7M
Q3 25
$63.0M
Q2 25
$-309.0M
$72.1M
Q2 24
$643.0M
Q2 23
$-154.0M
Q2 22
$842.0M
Gross Margin
BIPC
BIPC
DOCU
DOCU
Q4 25
79.2%
Q3 25
79.3%
Q2 25
65.0%
79.4%
Q2 24
63.8%
Q2 23
72.3%
Q2 22
72.7%
Operating Margin
BIPC
BIPC
DOCU
DOCU
Q4 25
10.4%
Q3 25
8.1%
Q2 25
62.7%
7.9%
Q2 24
61.9%
Q2 23
69.1%
Q2 22
69.1%
Net Margin
BIPC
BIPC
DOCU
DOCU
Q4 25
10.2%
Q3 25
7.9%
Q2 25
-35.7%
9.4%
Q2 24
70.8%
Q2 23
-28.6%
Q2 22
175.8%
EPS (diluted)
BIPC
BIPC
DOCU
DOCU
Q4 25
$0.40
Q3 25
$0.30
Q2 25
$0.34
Q2 24
Q2 23
Q2 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BIPC
BIPC
DOCU
DOCU
Cash + ST InvestmentsLiquidity on hand
$1.2B
$583.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$2.0B
Total Assets
$23.9B
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
DOCU
DOCU
Q4 25
$583.3M
Q3 25
$600.0M
Q2 25
$1.2B
$657.4M
Q2 24
$466.0M
Q2 23
$356.0M
Q2 22
$512.0M
Stockholders' Equity
BIPC
BIPC
DOCU
DOCU
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.2B
$2.0B
Q2 24
$3.5B
Q2 23
$-764.0M
Q2 22
$-1.1B
Total Assets
BIPC
BIPC
DOCU
DOCU
Q4 25
$4.0B
Q3 25
$3.9B
Q2 25
$23.9B
$3.9B
Q2 24
$23.7B
Q2 23
$11.0B
Q2 22
$10.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BIPC
BIPC
DOCU
DOCU
Operating Cash FlowLast quarter
$478.0M
$290.3M
Free Cash FlowOCF − Capex
$262.9M
FCF MarginFCF / Revenue
32.1%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
3.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
DOCU
DOCU
Q4 25
$290.3M
Q3 25
$246.1M
Q2 25
$478.0M
$251.4M
Q2 24
$511.0M
Q2 23
$265.0M
Q2 22
$232.0M
Free Cash Flow
BIPC
BIPC
DOCU
DOCU
Q4 25
$262.9M
Q3 25
$217.6M
Q2 25
$227.8M
Q2 24
Q2 23
Q2 22
FCF Margin
BIPC
BIPC
DOCU
DOCU
Q4 25
32.1%
Q3 25
27.2%
Q2 25
29.8%
Q2 24
Q2 23
Q2 22
Capex Intensity
BIPC
BIPC
DOCU
DOCU
Q4 25
3.3%
Q3 25
3.6%
Q2 25
3.1%
Q2 24
Q2 23
Q2 22
Cash Conversion
BIPC
BIPC
DOCU
DOCU
Q4 25
3.47×
Q3 25
3.91×
Q2 25
3.49×
Q2 24
0.79×
Q2 23
Q2 22
0.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

DOCU
DOCU

Subscription And Circulation$801.0M98%
Professional Services And Other$17.4M2%

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