Stocks · Technology · Services-Prepackaged Software

DOCUSIGN, INC.

DOCU Clue Score66
United States Fiscal year ends January CIK 0001261333
$71.08 -0.49% Close, 9 Oct 2026
Price $71.08 −72.82% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Apr 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue381.5Operating income−115.8Net income−115.4Fiscal year 2018Revenue518.5 +35.9%Operating income−51.7Net income−52.3Fiscal year 2019Revenue701.0 +35.2%Operating income−426.3Net income−426.5Fiscal year 2020Revenue974.0 +38.9%Operating income−193.5Net income−208.4EPS, diluted−1.18Fiscal year 2021Revenue1,453.0 +49.2%Operating income−173.9Net income−243.3EPS, diluted−1.31Fiscal year 2022Revenue2,107.2 +45.0%Operating income−61.9Net income−70.0EPS, diluted−0.36Fiscal year 2023Revenue2,515.9 +19.4%Operating income−88.0Net income−97.5EPS, diluted−0.49Fiscal year 2024Revenue2,761.9 +9.8%Operating income31.6Net income74.0EPS, diluted0.36Fiscal year 2025Revenue2,976.7 +7.8%Operating income199.9Net income1,067.9 +1,343.5%EPS, diluted5.08 +1,311.1%Fiscal year 2026Revenue3,219.5 +8.2%Operating income298.6Net income309.1 −71.1%EPS, diluted1.48 −70.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 381.5 518.5 701.0 974.0 1,453.0 2,107.2 2,515.9 2,761.9 2,976.7 3,219.5
Growth +35.9% +35.2% +38.9% +49.2% +45.0% +19.4% +9.8% +7.8% +8.2%
Operating income −115.8 −51.7 −426.3 −193.5 −173.9 −61.9 −88.0 31.6 199.9 298.6
Net income −115.4 −52.3 −426.5 −208.4 −243.3 −70.0 −97.5 74.0 1,067.9 309.1
Growth +1,343.5% −71.1%
EPS, diluted n/a n/a n/a −1.18 −1.31 −0.36 −0.49 0.36 5.08 1.48
Growth +1,311.1% −70.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin73.1%Operating margin−30.4%Net margin−30.3%Free cash flow margin−12.6%Fiscal year 2018Gross margin77.2%Operating margin−10.0%Net margin−10.1%Free cash flow margin7.0%Fiscal year 2019Gross margin72.5%Operating margin−60.8%Net margin−60.8%Free cash flow margin6.5%Fiscal year 2020Gross margin75.0%Operating margin−19.9%Net margin−21.4%Free cash flow margin4.5%Fiscal year 2021Gross margin74.9%Operating margin−12.0%Net margin−16.7%Free cash flow margin14.8%Fiscal year 2022Gross margin77.9%Operating margin−2.9%Net margin−3.3%Free cash flow margin21.1%Fiscal year 2023Gross margin78.7%Operating margin−3.5%Net margin−3.9%Free cash flow margin17.1%Fiscal year 2024Gross margin79.3%Operating margin1.1%Net margin2.7%Free cash flow margin32.1%Fiscal year 2025Gross margin79.1%Operating margin6.7%Net margin35.9%Free cash flow margin30.9%Fiscal year 2026Gross margin79.4%Operating margin9.3%Net margin9.6%Free cash flow margin32.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 73.1% 77.2% 72.5% 75.0% 74.9% 77.9% 78.7% 79.3% 79.1% 79.4%
Operating margin −30.4% −10.0% −60.8% −19.9% −12.0% −2.9% −3.5% 1.1% 6.7% 9.3%
Net margin −30.3% −10.1% −60.8% −21.4% −16.7% −3.3% −3.9% 2.7% 35.9% 9.6%
Free cash flow margin −12.6% 7.0% 6.5% 4.5% 14.8% 21.1% 17.1% 32.1% 30.9% 32.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−4.8Capital expenditure−43.3Free cash flow−48.1Fiscal year 2018Operating cash flow55.0Capital expenditure−18.9Free cash flow36.1Fiscal year 2019Operating cash flow76.1Capital expenditure−30.4Free cash flow45.7 +26.7%Fiscal year 2020Operating cash flow115.7Capital expenditure−72.0Free cash flow43.7 −4.4%Fiscal year 2021Operating cash flow297.0Capital expenditure−82.4Free cash flow214.6 +391.5%Buybacks0.0Fiscal year 2022Operating cash flow506.5Capital expenditure−61.4Free cash flow445.1 +107.4%Buybacks0.0Fiscal year 2023Operating cash flow506.8Capital expenditure−77.7Free cash flow429.1 −3.6%Buybacks−63.0Fiscal year 2024Operating cash flow979.5Capital expenditure−92.4Free cash flow887.1 +106.7%Buybacks−145.5Fiscal year 2025Operating cash flow1,017.3Capital expenditure−97.0Free cash flow920.3 +3.7%Buybacks−683.5Fiscal year 2026Operating cash flow1,165.0Capital expenditure−106.4Free cash flow1,058.6 +15.0%Buybacks−869.1
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow −4.8 55.0 76.1 115.7 297.0 506.5 506.8 979.5 1,017.3 1,165.0
Capital expenditure −43.3 −18.9 −30.4 −72.0 −82.4 −61.4 −77.7 −92.4 −97.0 −106.4
Free cash flow −48.1 36.1 45.7 43.7 214.6 445.1 429.1 887.1 920.3 1,058.6
Growth +26.7% −4.4% +391.5% +107.4% −3.6% +106.7% +3.7% +15.0%
Buybacks n/a n/a n/a n/a 0.0 0.0 −63.0 −145.5 −683.5 −869.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash191.2Shareholders’ equity−347.4Fiscal year 2018Cash256.9Shareholders’ equity−338.6Fiscal year 2019Cash517.8Shareholders’ equity614.4Fiscal year 2020Cash241.2Shareholders’ equity546.3Fiscal year 2021Cash566.1Shareholders’ equity325.7Fiscal year 2022Cash509.1Shareholders’ equity275.5Fiscal year 2023Cash721.9Shareholders’ equity617.3Fiscal year 2024Cash797.1Shareholders’ equity1,129.7Fiscal year 2025Cash648.6Shareholders’ equity2,002.7Fiscal year 2026Cash602.4Shareholders’ equity1,917.8
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 191.2 256.9 517.8 241.2 566.1 509.1 721.9 797.1 648.6 602.4
Shareholders’ equity −347.4 −338.6 614.4 546.3 325.7 275.5 617.3 1,129.7 2,002.7 1,917.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Jan 2017 FY2018 31 Jan 2018 FY2019 31 Jan 2019 FY2020 31 Jan 2020 FY2021 31 Jan 2021 FY2022 31 Jan 2022 FY2023 31 Jan 2023 FY2024 31 Jan 2024 FY2025 31 Jan 2025 FY2026 31 Jan 2026
Revenue and profit
381.5 518.5 701.0 974.0 1,453.0 2,107.2 2,515.9 2,761.9 2,976.7 3,219.5
Growth +35.9% +35.2% +38.9% +49.2% +45.0% +19.4% +9.8% +7.8% +8.2%
102.5 118.3 192.4 243.2 364.1 466.5 536.1 572.6 621.7 663.1
279.0 400.2 508.5 730.7 1,089.0 1,640.8 1,979.8 2,189.3 2,355.1 2,556.4
Growth +43.5% +27.1% +43.7% +49.0% +50.7% +20.7% +10.6% +7.6% +8.5%
89.7 92.4 186.0 185.6 271.5 393.4 480.6 539.5 588.5 665.0
64.4 81.5 209.3 147.3 192.7 232.8 316.2 419.6 376.0 389.0
−115.8 −51.7 −426.3 −193.5 −173.9 −61.9 −88.0 31.6 199.9 298.6
Growth +532.0% +49.3%
−115.1 −49.1 −428.2 −203.6 −229.5 −66.9 −89.9 93.7 247.9 347.3
0.4 3.1 −1.8 4.8 13.8 3.1 7.6 19.7 −819.9 38.2
−115.4 −52.3 −426.5 −208.4 −243.3 −70.0 −97.5 74.0 1,067.9 309.1
Growth +1,343.5% −71.1%
Per share
n/a n/a n/a −1.18 −1.31 −0.36 −0.49 0.36 5.23 1.53
n/a n/a n/a −1.18 −1.31 −0.36 −0.49 0.36 5.08 1.48
Growth +1,311.1% −70.9%
n/a n/a n/a 176.7 185.8 196.7 200.9 204.1 204.3 202.1
n/a n/a n/a 176.7 185.8 196.7 200.9 209.0 210.3 209.1
Growth +5.1% +5.9% +2.1% +4.0% +0.7% −0.6%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 17.2% a year over five years.
  • The diluted share count rose 12.6% in five years, which is dilution.
  • Operating margin is up 21.2 points on five years ago, at 9.3%.
  • A net loss in 7 of 10 years on file.