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

IDEX Corporation is the larger business by last-quarter revenue ($899.1M vs $818.4M, roughly 1.1× DOCUSIGN, INC.). IDEX Corporation runs the higher net margin — 14.3% vs 10.2%, a 4.0% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (376.5% vs 8.4%). DOCUSIGN, INC. produced more free cash flow last quarter ($262.9M vs $189.8M).

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.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

DOCU vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.1× larger
IEX
$899.1M
$818.4M
DOCU
Growing faster (revenue YoY)
IEX
IEX
+368.1% gap
IEX
376.5%
8.4%
DOCU
Higher net margin
IEX
IEX
4.0% more per $
IEX
14.3%
10.2%
DOCU
More free cash flow
DOCU
DOCU
$73.1M more FCF
DOCU
$262.9M
$189.8M
IEX

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
DOCU
DOCU
IEX
IEX
Revenue
$818.4M
$899.1M
Net Profit
$83.7M
$128.3M
Gross Margin
79.2%
43.1%
Operating Margin
10.4%
20.4%
Net Margin
10.2%
14.3%
Revenue YoY
8.4%
376.5%
Net Profit YoY
34.1%
688.5%
EPS (diluted)
$0.40
$1.71

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
IEX
IEX
Q1 26
$899.1M
Q4 25
$818.4M
$899.1M
Q3 25
$800.6M
$878.7M
Q2 25
$763.7M
$865.4M
Q1 25
$814.3M
Q4 24
$862.9M
Q3 24
$798.2M
Q2 24
$807.2M
Net Profit
DOCU
DOCU
IEX
IEX
Q1 26
$128.3M
Q4 25
$83.7M
$128.3M
Q3 25
$63.0M
$127.8M
Q2 25
$72.1M
$131.6M
Q1 25
$95.5M
Q4 24
$123.2M
Q3 24
$119.1M
Q2 24
$141.3M
Gross Margin
DOCU
DOCU
IEX
IEX
Q1 26
43.1%
Q4 25
79.2%
43.1%
Q3 25
79.3%
44.5%
Q2 25
79.4%
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Q2 24
45.4%
Operating Margin
DOCU
DOCU
IEX
IEX
Q1 26
20.4%
Q4 25
10.4%
20.4%
Q3 25
8.1%
21.1%
Q2 25
7.9%
21.7%
Q1 25
17.4%
Q4 24
19.2%
Q3 24
21.0%
Q2 24
22.6%
Net Margin
DOCU
DOCU
IEX
IEX
Q1 26
14.3%
Q4 25
10.2%
14.3%
Q3 25
7.9%
14.5%
Q2 25
9.4%
15.2%
Q1 25
11.7%
Q4 24
14.3%
Q3 24
14.9%
Q2 24
17.5%
EPS (diluted)
DOCU
DOCU
IEX
IEX
Q1 26
$1.71
Q4 25
$0.40
$1.71
Q3 25
$0.30
$1.70
Q2 25
$0.34
$1.74
Q1 25
$1.26
Q4 24
$1.61
Q3 24
$1.57
Q2 24
$1.86

Balance Sheet & Financial Strength

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

Metric
DOCU
DOCU
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$583.3M
$580.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$4.0B
Total Assets
$4.0B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCU
DOCU
IEX
IEX
Q1 26
$580.0M
Q4 25
$583.3M
$580.0M
Q3 25
$600.0M
$593.8M
Q2 25
$657.4M
$568.2M
Q1 25
$594.1M
Q4 24
$620.8M
Q3 24
$633.2M
Q2 24
$700.7M
Total Debt
DOCU
DOCU
IEX
IEX
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$1.3B
Stockholders' Equity
DOCU
DOCU
IEX
IEX
Q1 26
$4.0B
Q4 25
$2.0B
$4.0B
Q3 25
$2.0B
$4.0B
Q2 25
$2.0B
$4.0B
Q1 25
$3.9B
Q4 24
$3.8B
Q3 24
$3.8B
Q2 24
$3.7B
Total Assets
DOCU
DOCU
IEX
IEX
Q1 26
$6.9B
Q4 25
$4.0B
$6.9B
Q3 25
$3.9B
$7.0B
Q2 25
$3.9B
$6.9B
Q1 25
$6.8B
Q4 24
$6.7B
Q3 24
$7.0B
Q2 24
$5.9B
Debt / Equity
DOCU
DOCU
IEX
IEX
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
0.55×
Q2 24
0.36×

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
IEX
IEX
Operating Cash FlowLast quarter
$290.3M
Free Cash FlowOCF − Capex
$262.9M
$189.8M
FCF MarginFCF / Revenue
32.1%
21.1%
Capex IntensityCapex / Revenue
3.3%
7.1%
Cash ConversionOCF / Net Profit
3.47×
TTM Free Cash FlowTrailing 4 quarters
$715.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCU
DOCU
IEX
IEX
Q1 26
Q4 25
$290.3M
$209.5M
Q3 25
$246.1M
$203.5M
Q2 25
$251.4M
$161.7M
Q1 25
$105.7M
Q4 24
$172.6M
Q3 24
$205.3M
Q2 24
$133.6M
Free Cash Flow
DOCU
DOCU
IEX
IEX
Q1 26
$189.8M
Q4 25
$262.9M
$189.8M
Q3 25
$217.6M
$188.7M
Q2 25
$227.8M
$146.9M
Q1 25
$91.4M
Q4 24
$157.1M
Q3 24
$191.6M
Q2 24
$117.7M
FCF Margin
DOCU
DOCU
IEX
IEX
Q1 26
21.1%
Q4 25
32.1%
21.1%
Q3 25
27.2%
21.5%
Q2 25
29.8%
17.0%
Q1 25
11.2%
Q4 24
18.2%
Q3 24
24.0%
Q2 24
14.6%
Capex Intensity
DOCU
DOCU
IEX
IEX
Q1 26
7.1%
Q4 25
3.3%
2.2%
Q3 25
3.6%
1.7%
Q2 25
3.1%
1.7%
Q1 25
1.8%
Q4 24
1.8%
Q3 24
1.7%
Q2 24
2.0%
Cash Conversion
DOCU
DOCU
IEX
IEX
Q1 26
Q4 25
3.47×
1.63×
Q3 25
3.91×
1.59×
Q2 25
3.49×
1.23×
Q1 25
1.11×
Q4 24
1.40×
Q3 24
1.72×
Q2 24
0.95×

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%

IEX
IEX

Segment breakdown not available.

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