FirmAtlas
Company handbook · DOCU · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
DOCU · CIK 1261333 · LATEST FILING: 10-Q JUL '26 · FILED SEP 4, 2026
DOCUSIGN, INC.
$74.65
−2.87 (−3.70%)
Close, Oct 16, 2026 · 52-week $40–79
Last fiscal year
DOCUSIGN, INC. reported revenue of $3.2B for the year ended Jan 31, 2026 (FY25), up 8.2% from FY24. Net income was $309M, operating cash flow $1.2B and free cash flow $1.1B. Source: 10-K filed Mar 18, 2026.
Market cap
$14.8B
P/E
44.7
EV/EBITDA
34.1x
P/B
8.6
ROIC
20.1%
Revenue 1Y
8.2%/yr
EPS 1Y
−70.9%/yr
Shares 1Y
−2%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
HQSan Francisco, CA
AuditorPricewaterhouseCoopers LLP
Year endsJanuary
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
—
−22.1%
21.5%
11.2%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.9B deployed
Capex
$203M
10.7%
Acquisitions
$144M
7.6%
Buybacks
$1.6B
81.7%
Operating cash flow over the period: $2.2B. Total debt changed by $0M. R&D of $1.3B is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Jan 31, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Per-share figures are split-adjusted (5-for-1 split after FY17).
TTM = the last four quarters, to Jul '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
2,977
3,220+8.2%
3,361
YoY
+8.2%
Gross profit
2,355
2,556+8.5%
2,672
Gross margin
79.1%
79.4%+0.3 pp
—
Operating income
200
299+49.3%
402
Operating margin
6.7%
9.3%+2.6 pp
—
EBITDA
308
415+34.7%
—
EBITDA margin
10.3%
12.9%+2.5 pp
—
Interest expense
2
3+64.3%
—
Interest coverage
198.54x
162.87x−35.67x
—
Net income
1,068
309−71.1%
330
YoY
−71.1%
Net margin
35.9%
9.6%−26.3 pp
—
EPS (diluted, $)
5.08
1.48−70.9%
1.66
YoY
−70.9%
Balance sheet
Total assets
4,013
4,230+5.4%
3,961
Cash & short-term investments
660
618−6.3%
—
Accounts receivable
430
516+20.2%
—
Net PP&E
299
362+20.9%
—
Other assets
2,624
2,733+4.2%
—
Total liabilities
2,010
2,312+15.0%
2,242
Accounts payable
31
17−43.3%
—
Other liabilities
1,979
2,294+15.9%
—
Shareholders’ equity
2,003
1,918−4.2%
1,719
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,017
1,165+14.5%
1,324
Net income
1,068
309−71.1%
—
Depreciation & amortization
108
116+7.7%
—
Stock-based compensation
610
622+2.0%
—
Working capital & other
(769)
118n/m
—
Cash from investing
(313)
(127)n/m
—
Capex
(97)
(106)n/m
—
Acquisitions
(144)
0n/m
—
Investments bought
(411)
(410)n/m
—
Investments sold / matured
340
390+14.6%
—
Other investing
(1)
(0.7)n/m
—
Cash from financing
(839)
(1,100)n/m
—
Buybacks
(684)
(869)n/m
—
Shares issued
23
1−94.5%
—
Other financing
(178)
(232)n/m
—
Net change in cash
(142)
(41)n/m
—
Free cash flow (OCF − capex)
920
1,059+15.0%
1,198
Where the cash went
Operating cash flow
1,017
1,165+14.5%
1,324
Reinvested in the business
241
106−55.8%
—
% of operating cash flow
23.7%
9.1%
Capex
97
106+9.8%
125
Acquisitions
144
0−100.0%
—
R&D (memo, already in costs)
588
665+13.0%
—
Free cash flow
920
1,059+15.0%
1,198
YoY
+15.0%
Returned to shareholders
684
869+27.1%
—
% of free cash flow
74.3%
82.1%
Buybacks
684
869+27.1%
—
FCF conversion (FCF ÷ net income)
86.2%
342.5%+256.3 pp
—
Owner earnings
—
219
—
Owner earnings margin
—
6.8%
—
Returns & ratios
Income
Oct '25
Jan '26
Apr '26
Jul '26
Revenue
818
837
830
876
vs year-ago quarter
Gross profit
648
667
659
698
Gross margin
79.2%
79.7%
79.4%
79.7%
Operating income
85
88
111
118
Net income
84
90
78
78
vs year-ago quarter
Net margin
10.2%
10.8%
9.4%
8.9%
EPS (diluted, $)
0.40
0.46
0.40
0.40
vs year-ago quarter
Balance sheet
Oct '25
Jan '26
Apr '26
Jul '26
Total assets
3,982
4,230
3,984
3,961
Cash & equivalents
600
618
566
546
Shareholders’ equity
1,982
1,918
1,820
1,719
Cash flow
Oct '25
Jan '26
Apr '26
Jul '26
Operating cash flow
290
377
322
335
Capex
27
27
32
39
Free cash flow
263
350
289
296
vs year-ago quarter