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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$3.2B
$309M
79.4%
9.3%
$1.1B
—
$602M
2025
$3.0B
$1.1B
79.1%
6.7%
$920M
—
$649M
2024
$2.8B
$74M
79.3%
1.1%
$887M
—
$797M
2023
$2.5B
-$98M
78.7%
-3.5%
$429M
—
$722M
2022
$2.1B
-$70M
77.9%
-2.9%
$445M
—
$509M
2021
$1.5B
-$243M
74.9%
-12.0%
$215M
—
$566M
2020
$974M
-$208M
75.0%
-19.9%
$44M
—
$241M
2019
$701M
-$426M
72.5%
-60.8%
$46M
—
$518M
2018
$519M
-$52M
77.2%
-10.0%
$36M
—
$257M
2017
$381M
-$115M
73.1%
-30.4%
-$48M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$830M
$78M
79.4%
13.4%
$289M
—
$548M
Jan '26
$837M
$90M
79.7%
10.5%
$350M
—
$602M
Oct '25
$818M
$84M
79.2%
10.4%
$263M
—
$583M
Jul '25
$801M
$63M
79.3%
8.1%
$218M
—
$600M
Apr '25
$764M
$72M
79.4%
7.9%
$228M
—
$657M
Jan '25
$776M
$83M
79.4%
7.8%
$280M
—
$649M
Oct '24
$755M
$62M
79.3%
7.8%
$211M
—
$611M
Jul '24
$736M
$888M
78.9%
7.9%
$198M
—
$619M
Apr '24
$710M
$34M
78.9%
3.2%
$232M
—
$817M
Jan '24
$712M
$27M
79.2%
1.4%
$249M
—
$797M
Oct '23
$700M
$39M
79.6%
2.8%
$240M
—
$1.2B
Jul '23
$688M
$7M
78.8%
1.0%
$184M
—
$1.0B
Apr '23
$661M
$539000
79.4%
-0.7%
$215M
—
$940M
Jan '23
$660M
$5M
79.2%
-0.0%
$113M
—
$722M
Oct '22
$645M
-$30M
79.9%
-4.2%
$36M
—
$633M
Jul '22
$622M
-$45M
78.0%
-6.6%
$105M
—
$637M
Apr '22
$589M
-$27M
77.5%
-3.3%
$175M
—
$638M
Jan '22
$581M
-$30M
77.4%
-4.3%
$70M
—
$509M
Oct '21
$545M
-$6M
78.7%
-0.6%
$90M
—
$504M
Jul '21
$512M
-$26M
77.8%
-4.4%
$162M
—
$519M
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.
The price-to-earnings ratio has fallen from 157.2× (Jan '24) to 26.2× (Jun '26).
The price-to-sales ratio has fallen from 4.4× (Mar '23) to 2.5× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
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?
As of Jun '26, Docusign, Inc. traded at a price-to-earnings ratio of about 26.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.