DOCUSIGN, INC. DOCU

Technology SIC 7372 - Services-Prepackaged Software NAICS Information › Publishing Industries › Software Publishers derived Nasdaq

Docusign solutions bring agreements to life, accelerating and simplifying the process of doing business. Docusign's core offerings — our Intelligent Agreement Management ("IAM") platform, the world's leading e-signature solution, and contract lifecycle management ("CLM") solution — allow organizations to boost productivity, accelerate contract review cycles, and transform agreement data into insights and actions, while providing a customer-centric experience. The Docusign IAM platform is a system of record that enables customers of all sizes to ingest a vast, complex body of agreements into a single repository, build agreement workflows that operate at scale, and take action on high-accuracy insights from agreement data. As of January 31, 2026, over 1.8 million customers and more than a billion users worldwide utilize Docusign to accelerate and simplify the process of doing business, and more than 25,000 customers are on IAM today.

Last close 85.27 2026-10-23
Market cap $15.94B 2026-07-31 share count
52-week range 40.16 - 85.39

Valuation FY2025 figures against the last close

P/S5.0x
P/E57.6x
P/FCF15.1x
EV/EBITDA38.4x
Dividend yield—
Diluted EPS1.48

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • U.S.
  • International
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 U.S., FY2025: 2.3B (70.6%) 71% U.S. International, FY2025: 945M (29.4%) 29% International FY2024 U.S., FY2024: 2.1B (72.0%) 72% International, FY2024: 834M (28.0%) 28% FY2023 U.S., FY2023: 2B (73.6%) 74% International, FY2023: 728.9M (26.4%) 26%
Region FY2025FY2024FY2023
U.S. $2.27B $2.14B $2.03B
International $945.0M $834.0M $728.9M

As the company reported it, from the “Segment and Geographic Information - Schedule of Revenues by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.22B$2.98B$2.76B$2.52B$2.11B$1.45B$974.0M$701.0M$518.5M$381.5M
Cost of revenue $663.1M$621.7M$572.6M$536.1M$466.5M$364.1M$243.2M$192.4M$118.3M$102.5M
Gross profit $2.56B$2.36B$2.19B$1.98B$1.64B$1.09B$730.7M$508.5M$400.2M$279.0M
R&D $665.0M$588.5M$539.5M$480.6M$393.4M$271.5M$185.6M$186.0M$92.4M$89.7M
SG&A $389.0M$376.0M$419.6M$316.2M$232.8M$192.7M$147.3M$209.3M$81.5M$64.4M
Total operating expenses $2.26B$2.16B$2.16B$2.07B$1.70B$1.26B$924.2M$934.9M$451.9M$394.8M
Operating income $298.6M$199.9M$31.6M-$88.0M-$61.9M-$173.9M-$193.5M-$426.3M-$51.7M-$115.8M
Interest expense $2.5M$1.6M$6.8M$6.4M$6.4M$30.8M$29.3M$10.8M$624.0K$611.0K
Pre-tax income $347.3M$247.9M$93.7M-$89.9M-$66.9M-$229.5M-$203.6M-$428.2M-$49.1M-$115.1M
Income tax $38.2M$819.9M$19.7M$7.6M$3.1M$13.8M$4.8M$1.8M$3.1M$356.0K
Net income $309.1M$1.07B$74.0M-$97.5M-$70.0M-$243.3M-$208.4M-$426.5M-$52.3M-$115.4M
EPS, basic 1.535.230.36-0.49-0.36-1.31-1.18———
EPS, diluted 1.485.080.36-0.49-0.36-1.31-1.18-3.16-1.66-4.17
Shares, diluted (wtd. avg.) 209.1M210.3M208.9M200.9M196.7M185.8M176.7M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $602.4M$648.6M$797.1M$723.2M$509.7M$566.3M$241.5M$518.2M$257.4M$191.2M
Short-term investments ———$309.8M$293.8M$207.4M$414.9M$251.2M$0—
Receivables $516.4M$429.6M$439.3M$516.9M$440.9M$323.6M$237.8M$174.5M$123.8M—
Total current assets $1.49B$1.49B$1.57B$1.63B$1.32B$1.16B$943.9M$984.5M$418.8M—
Property, plant and equipment $361.8M$299.4M$245.2M$199.9M$184.7M$165.0M$128.3M$75.8M$63.0M—
Goodwill $458.4M$454.5M$353.1M$353.6M$355.1M$350.2M$194.9M$195.2M$37.3M$35.8M
Other intangibles $61.4M$76.4M$50.9M$70.3M$98.8M$121.8M$56.5M$74.2M$14.1M—
Total assets $4.23B$4.01B$2.97B$3.01B$2.54B$2.34B$1.89B$1.62B$620.0M—
Accounts payable $17.4M$30.7M$19.0M$24.4M$52.8M$37.4M$28.1M$19.6M$23.7M—
Total current liabilities $2.04B$1.83B$1.66B$2.21B$1.37B$1.09B$694.0M$516.3M$373.8M—
Total liabilities $2.31B$2.01B$1.84B$2.40B$2.27B$2.01B$1.34B$1.00B$411.1M—
Retained earnings -$1.86B-$1.29B-$1.67B-$1.60B-$1.44B-$1.38B-$1.14B-$928.8M-$502.3M—
Total equity $1.92B$2.00B$1.13B$617.3M$275.5M$325.7M$546.3M$614.4M-$338.6M-$347.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.17B$1.02B$979.5M$506.8M$506.5M$297.0M$115.7M$76.1M$55.0M-$4.8M
Depreciation and amortisation $116.1M$107.8M$95.1M$86.3M$81.9M$71.1M$50.2M$38.0M$31.8M$28.5M
Capital expenditure $106.4M$97.0M$92.4M$77.7M$61.4M$82.4M$72.0M$30.4M$18.9M$43.3M
Investing cash flow -$126.8M-$312.9M$44.6M-$191.2M-$162.9M$81.2M-$321.5M-$664.3M-$18.8M-$40.9M
Financing cash flow -$1.10B-$838.8M-$946.0M-$98.3M-$394.6M-$59.0M-$70.5M$853.1M$25.7M$8.0M
Buybacks $869.1M$683.5M$145.5M$63.0M$0$0————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001261333-26-000043.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B 4B Revenue, FY2016: 381.5M Gross profit, FY2016: 279M Net income, FY2016: -115.4M Revenue, FY2017: 518.5M Gross profit, FY2017: 400.2M Net income, FY2017: -52.3M Revenue, FY2018: 701M Gross profit, FY2018: 508.5M Net income, FY2018: -426.5M Revenue, FY2019: 974M Gross profit, FY2019: 730.7M Net income, FY2019: -208.4M Revenue, FY2020: 1.5B Gross profit, FY2020: 1.1B Net income, FY2020: -243.3M Revenue, FY2021: 2.1B Gross profit, FY2021: 1.6B Net income, FY2021: -70M Revenue, FY2022: 2.5B Gross profit, FY2022: 2B Net income, FY2022: -97.5M Revenue, FY2023: 2.8B Gross profit, FY2023: 2.2B Net income, FY2023: 74M Revenue, FY2024: 3B Gross profit, FY2024: 2.4B Net income, FY2024: 1.1B Revenue, FY2025: 3.2B Gross profit, FY2025: 2.6B Net income, FY2025: 309.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $381.5M $518.5M $701.0M $974.0M $1.45B $2.11B $2.52B $2.76B $2.98B $3.22B
Gross profit $279.0M $400.2M $508.5M $730.7M $1.09B $1.64B $1.98B $2.19B $2.36B $2.56B
Net income -$115.4M -$52.3M -$426.5M -$208.4M -$243.3M -$70.0M -$97.5M $74.0M $1.07B $309.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 7372

TickerCompanyMarket capP/ERevenue growth
MSFT MICROSOFT CORP $3.89T 29.2x 17.8%
PLTR Palantir Technologies Inc. $472.16B 312.3x 56.2%
ORCL ORACLE CORP $363.40B 21.6x 17.3%
CRWD CrowdStrike Holdings, Inc. $263.73B — 21.7%
SHOP SHOPIFY INC. $218.48B 179.4x 30.1%
CRM Salesforce, Inc. $204.57B 31.9x 9.6%
NOW ServiceNow, Inc. $164.36B 95.2x 20.9%
NET Cloudflare, Inc. $115.42B — 29.8%