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Side-by-side financial comparison of DOCUSIGN, INC. (DOCU) and Hub Group, Inc. (HUBG). Click either name above to swap in a different company.
Hub Group, Inc. is the larger business by last-quarter revenue ($934.5M vs $818.4M, roughly 1.1× DOCUSIGN, INC.). DOCUSIGN, INC. runs the higher net margin — 10.2% vs 3.1%, a 7.2% gap on every dollar of revenue. On growth, DOCUSIGN, INC. posted the faster year-over-year revenue change (8.4% vs -5.3%). DOCUSIGN, INC. produced more free cash flow last quarter ($262.9M vs $19.4M).
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.
Hub Group, Inc. is a transportation and logistics management company in North America. A publicly traded company with over $5 billion in revenue, Hub Group was founded in 1971 by Phillip Yeager, and is currently run by his grandson, Phillip D. Yeager. The company went public in 1996, and is headquartered in Oak Brook, Illinois.
DOCU vs HUBG — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $818.4M | $934.5M |
| Net Profit | $83.7M | $28.6M |
| Gross Margin | 79.2% | — |
| Operating Margin | 10.4% | 4.2% |
| Net Margin | 10.2% | 3.1% |
| Revenue YoY | 8.4% | -5.3% |
| Net Profit YoY | 34.1% | 21.0% |
| EPS (diluted) | $0.40 | $0.47 |
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.
| Q4 25 | $818.4M | — | ||
| Q3 25 | $800.6M | $934.5M | ||
| Q2 25 | $763.7M | $905.6M | ||
| Q1 25 | — | $915.2M | ||
| Q4 24 | — | $973.5M | ||
| Q3 24 | — | $986.9M | ||
| Q2 24 | — | $986.5M | ||
| Q1 24 | — | $999.5M |
| Q4 25 | $83.7M | — | ||
| Q3 25 | $63.0M | $28.6M | ||
| Q2 25 | $72.1M | $25.2M | ||
| Q1 25 | — | $26.8M | ||
| Q4 24 | — | $24.3M | ||
| Q3 24 | — | $23.6M | ||
| Q2 24 | — | $29.0M | ||
| Q1 24 | — | $27.1M |
| Q4 25 | 79.2% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 79.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 10.4% | — | ||
| Q3 25 | 8.1% | 4.2% | ||
| Q2 25 | 7.9% | 3.8% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | 10.2% | — | ||
| Q3 25 | 7.9% | 3.1% | ||
| Q2 25 | 9.4% | 2.8% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 2.7% |
| Q4 25 | $0.40 | — | ||
| Q3 25 | $0.30 | $0.47 | ||
| Q2 25 | $0.34 | $0.42 | ||
| Q1 25 | — | $0.44 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | — | $0.39 | ||
| Q2 24 | — | $0.47 | ||
| Q1 24 | — | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $583.3M | $119.7M |
| Total DebtLower is stronger | — | $255.0M |
| Stockholders' EquityBook value | $2.0B | $1.7B |
| Total Assets | $4.0B | $2.9B |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $583.3M | — | ||
| Q3 25 | $600.0M | $119.7M | ||
| Q2 25 | $657.4M | $137.0M | ||
| Q1 25 | — | $112.7M | ||
| Q4 24 | — | $98.2M | ||
| Q3 24 | — | $186.1M | ||
| Q2 24 | — | $220.2M | ||
| Q1 24 | — | $195.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | $255.0M | ||
| Q2 25 | — | $231.9M | ||
| Q1 25 | — | $252.1M | ||
| Q4 24 | — | $264.4M | ||
| Q3 24 | — | $287.1M | ||
| Q2 24 | — | $313.1M | ||
| Q1 24 | — | $334.8M |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | $4.0B | — | ||
| Q3 25 | $3.9B | $2.9B | ||
| Q2 25 | $3.9B | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.9B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.21× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $290.3M | $28.1M |
| Free Cash FlowOCF − Capex | $262.9M | $19.4M |
| FCF MarginFCF / Revenue | 32.1% | 2.1% |
| Capex IntensityCapex / Revenue | 3.3% | 0.9% |
| Cash ConversionOCF / Net Profit | 3.47× | 0.98× |
| TTM Free Cash FlowTrailing 4 quarters | — | $113.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $290.3M | — | ||
| Q3 25 | $246.1M | $28.1M | ||
| Q2 25 | $251.4M | $61.5M | ||
| Q1 25 | — | $70.0M | ||
| Q4 24 | — | $604.0K | ||
| Q3 24 | — | $43.4M | ||
| Q2 24 | — | $69.9M | ||
| Q1 24 | — | $80.5M |
| Q4 25 | $262.9M | — | ||
| Q3 25 | $217.6M | $19.4M | ||
| Q2 25 | $227.8M | $50.2M | ||
| Q1 25 | — | $50.8M | ||
| Q4 24 | — | $-7.0M | ||
| Q3 24 | — | $31.4M | ||
| Q2 24 | — | $56.2M | ||
| Q1 24 | — | $63.0M |
| Q4 25 | 32.1% | — | ||
| Q3 25 | 27.2% | 2.1% | ||
| Q2 25 | 29.8% | 5.5% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | -0.7% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | 6.3% |
| Q4 25 | 3.3% | — | ||
| Q3 25 | 3.6% | 0.9% | ||
| Q2 25 | 3.1% | 1.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.8% |
| Q4 25 | 3.47× | — | ||
| Q3 25 | 3.91× | 0.98× | ||
| Q2 25 | 3.49× | 2.44× | ||
| Q1 25 | — | 2.61× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 1.84× | ||
| Q2 24 | — | 2.41× | ||
| Q1 24 | — | 2.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
HUBG
| Intermodal | $561.5M | 60% |
| Other | $343.6M | 37% |
| Inter Segment | $29.4M | 3% |