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Side-by-side financial comparison of DOCUSIGN, INC. (DOCU) and Hubbell Incorporated (HUBB). Click either name above to swap in a different company.

Hubbell Incorporated is the larger business by last-quarter revenue ($1.5B vs $818.4M, roughly 1.8× DOCUSIGN, INC.). Hubbell Incorporated runs the higher net margin — 14.6% vs 10.2%, a 4.4% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs 8.4%). Hubbell Incorporated produced more free cash flow last quarter ($388.8M vs $262.9M).

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.

Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.

DOCU vs HUBB — Head-to-Head

Bigger by revenue
HUBB
HUBB
1.8× larger
HUBB
$1.5B
$818.4M
DOCU
Growing faster (revenue YoY)
HUBB
HUBB
+3.5% gap
HUBB
11.9%
8.4%
DOCU
Higher net margin
HUBB
HUBB
4.4% more per $
HUBB
14.6%
10.2%
DOCU
More free cash flow
HUBB
HUBB
$125.9M more FCF
HUBB
$388.8M
$262.9M
DOCU

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DOCU
DOCU
HUBB
HUBB
Revenue
$818.4M
$1.5B
Net Profit
$83.7M
$217.7M
Gross Margin
79.2%
34.6%
Operating Margin
10.4%
20.3%
Net Margin
10.2%
14.6%
Revenue YoY
8.4%
11.9%
Net Profit YoY
34.1%
10.5%
EPS (diluted)
$0.40
$4.06

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
DOCU
DOCU
HUBB
HUBB
Q4 25
$818.4M
$1.5B
Q3 25
$800.6M
$1.5B
Q2 25
$763.7M
$1.5B
Q1 25
$1.4B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.4B
Net Profit
DOCU
DOCU
HUBB
HUBB
Q4 25
$83.7M
$217.7M
Q3 25
$63.0M
$255.5M
Q2 25
$72.1M
$244.2M
Q1 25
$169.7M
Q4 24
$197.0M
Q3 24
$219.4M
Q2 24
$213.6M
Q1 24
$147.8M
Gross Margin
DOCU
DOCU
HUBB
HUBB
Q4 25
79.2%
34.6%
Q3 25
79.3%
36.2%
Q2 25
79.4%
37.2%
Q1 25
33.1%
Q4 24
33.8%
Q3 24
34.5%
Q2 24
35.0%
Q1 24
32.0%
Operating Margin
DOCU
DOCU
HUBB
HUBB
Q4 25
10.4%
20.3%
Q3 25
8.1%
22.0%
Q2 25
7.9%
22.7%
Q1 25
17.5%
Q4 24
19.3%
Q3 24
21.1%
Q2 24
20.7%
Q1 24
16.3%
Net Margin
DOCU
DOCU
HUBB
HUBB
Q4 25
10.2%
14.6%
Q3 25
7.9%
17.0%
Q2 25
9.4%
16.5%
Q1 25
12.4%
Q4 24
14.8%
Q3 24
15.2%
Q2 24
14.7%
Q1 24
10.6%
EPS (diluted)
DOCU
DOCU
HUBB
HUBB
Q4 25
$0.40
$4.06
Q3 25
$0.30
$4.77
Q2 25
$0.34
$4.56
Q1 25
$3.15
Q4 24
$3.65
Q3 24
$4.05
Q2 24
$3.94
Q1 24
$2.73

Balance Sheet & Financial Strength

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

Metric
DOCU
DOCU
HUBB
HUBB
Cash + ST InvestmentsLiquidity on hand
$583.3M
$497.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$3.8B
Total Assets
$4.0B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCU
DOCU
HUBB
HUBB
Q4 25
$583.3M
$497.9M
Q3 25
$600.0M
$680.9M
Q2 25
$657.4M
$399.6M
Q1 25
$360.3M
Q4 24
$345.0M
Q3 24
$445.6M
Q2 24
$406.5M
Q1 24
$400.3M
Total Debt
DOCU
DOCU
HUBB
HUBB
Q4 25
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$1.9B
Q1 24
$1.9B
Stockholders' Equity
DOCU
DOCU
HUBB
HUBB
Q4 25
$2.0B
$3.8B
Q3 25
$2.0B
$3.7B
Q2 25
$2.0B
$3.5B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$3.1B
Q1 24
$2.9B
Total Assets
DOCU
DOCU
HUBB
HUBB
Q4 25
$4.0B
$8.2B
Q3 25
$3.9B
$7.5B
Q2 25
$3.9B
$7.1B
Q1 25
$6.9B
Q4 24
$6.7B
Q3 24
$6.9B
Q2 24
$6.9B
Q1 24
$6.9B
Debt / Equity
DOCU
DOCU
HUBB
HUBB
Q4 25
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.44×
Q4 24
0.44×
Q3 24
0.51×
Q2 24
0.63×
Q1 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
DOCU
DOCU
HUBB
HUBB
Operating Cash FlowLast quarter
$290.3M
$447.5M
Free Cash FlowOCF − Capex
$262.9M
$388.8M
FCF MarginFCF / Revenue
32.1%
26.0%
Capex IntensityCapex / Revenue
3.3%
3.9%
Cash ConversionOCF / Net Profit
3.47×
2.06×
TTM Free Cash FlowTrailing 4 quarters
$874.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCU
DOCU
HUBB
HUBB
Q4 25
$290.3M
$447.5M
Q3 25
$246.1M
$284.3M
Q2 25
$251.4M
$260.6M
Q1 25
$37.4M
Q4 24
$432.4M
Q3 24
$227.0M
Q2 24
$239.6M
Q1 24
$92.2M
Free Cash Flow
DOCU
DOCU
HUBB
HUBB
Q4 25
$262.9M
$388.8M
Q3 25
$217.6M
$253.8M
Q2 25
$227.8M
$220.7M
Q1 25
$11.4M
Q4 24
$364.4M
Q3 24
$188.8M
Q2 24
$205.7M
Q1 24
$51.9M
FCF Margin
DOCU
DOCU
HUBB
HUBB
Q4 25
32.1%
26.0%
Q3 25
27.2%
16.9%
Q2 25
29.8%
14.9%
Q1 25
0.8%
Q4 24
27.3%
Q3 24
13.1%
Q2 24
14.2%
Q1 24
3.7%
Capex Intensity
DOCU
DOCU
HUBB
HUBB
Q4 25
3.3%
3.9%
Q3 25
3.6%
2.0%
Q2 25
3.1%
2.7%
Q1 25
1.9%
Q4 24
5.1%
Q3 24
2.6%
Q2 24
2.3%
Q1 24
2.9%
Cash Conversion
DOCU
DOCU
HUBB
HUBB
Q4 25
3.47×
2.06×
Q3 25
3.91×
1.11×
Q2 25
3.49×
1.07×
Q1 25
0.22×
Q4 24
2.19×
Q3 24
1.03×
Q2 24
1.12×
Q1 24
0.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOCU
DOCU

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

HUBB
HUBB

Grid Infrastructure$717.0M48%
Industrial$393.7M26%
Grid Automation$218.9M15%
Electrical Products$163.1M11%

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