Docusign vs Trade Desk
Docusign and Trade Desk are similar in size: $3.22bn and $2.90bn of revenue in their latest fiscal years. Trade Desk grew faster (18.5% against 8.2%). Trade Desk kept more of each dollar of sales as profit: a net margin of 15.3% against 9.6%.
| Latest fiscal year | DocusignDOCU, 2026 | Trade DeskTTD, 2025 |
|---|---|---|
| Revenue | $3.22bn | $2.90bn |
| Revenue growth | 8.2% | 18.5% |
| Net income | $309m | $443m |
| Operating margin | 9.3% | — |
| Net margin | 9.6% | 15.3% |
| Return on equity | 15.8% | 16.3% |
| Free cash flow | $1.06bn | $796m |
| Cash | $602m | $658m |
| Total debt | — | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $869m | $1.38bn |
| Employees | 7,044 | 3,843 |
| Market value | $15.27bn | $6.05bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 60 (Moderate) | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 77 sales | 4 buys, 3 sales |