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DOCU Financials Docusign, Inc.

10 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 17.2% per year over the past 5 years.
  • Operating margin has expanded, at 9.3% in the latest year.
  • Free cash flow has grown 37.6% per year over the past 5 years.

Financial health

  • Operating income covered interest expense 117× in the latest year.
Revenue & net income
-$426M $1B $3B $0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
RevenueNet income
Margins (gross / operating / net)
-61% 9% 79% 0% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-75% -11% 53% 0% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
ROEROA
Free cash flow (CFO − capex)
-$48M $505M $1B $0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Free cash flow
Cash vs total debt
$0 $399M $797M 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
CashTotal debt
Cash flow: operating / investing / financing
-$1B $33M $1B $0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2026 $3.2B $309M 79.4% 9.3% 16.1% 7.3% $1.1B — $602M
2025 $3.0B $1.1B 79.1% 6.7% 53.3% 26.6% $920M — $649M
2024 $2.8B $74M 79.3% 1.1% 6.6% 2.5% $887M — $797M
2023 $2.5B -$98M 78.7% -3.5% -15.8% -3.2% $429M — $722M
2022 $2.1B -$70M 77.9% -2.9% -25.4% -2.8% $445M — $509M
2021 $1.5B -$243M 74.9% -12.0% -74.7% -10.4% $215M — $566M
2020 $974M -$208M 75.0% -19.9% -38.1% -11.0% $44M — $241M
2019 $701M -$426M 72.5% -60.8% -69.4% -26.4% $46M — $518M
2018 $519M -$52M 77.2% -10.0% 15.4% -8.4% $36M — $257M
2017 $381M -$115M 73.1% -30.4% 33.2% — -$48M — —

Valuation over time

How the market has priced DOCU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 113.5 227.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 3.0 6.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is DOCU growing its revenue and profit?

Over the past 5 years, Docusign, Inc.'s revenue has grown 17.2% per year. These are computed facts, not advice.

How much debt does DOCU have?

As of FY2026, Docusign, Inc. reported — of total debt against $602M of cash; operating income covered interest expense 117×.

What is DOCU's profit margin?

In FY2026, gross margin was 79.4%, operating margin 9.3%, and net margin 9.6%.

What is DOCU's P/E ratio?

Docusign, Inc.'s P/E (TTM) is 46.27 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DOCU stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 49.4× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.