DOCU

Updated: Mar 12, 2026 11:30 AM

DocuSign Inc

Market Cap: $9.23B P/S: 11x Ownership — Insider: 1.0% | Institutional: 86.7% | Retail: 12.2% TECHNOLOGY SOFTWARE - APPLICATION

DocuSign, Inc. is a leading provider of e-signature and digital transaction management solutions, empowering organizations to manage agreements securely and efficiently. Headquartered in San Francisco, the company leverages its comprehensive cloud-based platform to enhance productivity and streamline workflows across various sectors, from finance to healthcare. With a robust commitment to innovation, DocuSign actively develops advanced features, including workflow automation and compliance tools, positioning itself as a crucial partner in the digital transformation initiatives of enterprises worldwide.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        10/10 dates (100%)
  ✅ grossProfit                         10/10 dates (100%)
  ✅ netIncome                           10/10 dates (100%)

Plot for DOCU (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -2.98B                    -1.49B                     0.00B                     1.49B                     2.98B
               |                         |                         |                         |                         |

  2016-01-31 |                                                   |  0.25B
  2017-01-31 |                                                   |  0.38B
  2018-01-31 |                                                    |  0.52B
  2019-01-31 |                                              |  0.70B
  2020-01-31 |                                                 |  0.97B
  2021-01-31 |                                                 |  1.45B
  2022-01-31 |                                                    |  2.11B
  2023-01-31 |                                                   |  2.52B
  2024-01-31 |                                                     |  2.76B
  2025-01-31 |                                                     | 2.98B

               |                         |                         |                         |                         |
               -2.98B                    -1.49B                     0.00B                     1.49B                     2.98B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              10/10 dates (100%)
  ✅ sellingGeneralAndAdministrative     10/10 dates (100%)
  ✅ costofGoodsAndServicesSold          10/10 dates (100%)

Plot for DOCU (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    155.41M                   310.83M                   466.24M                   621.66M
               |                         |                         |                         |                         |

  2016-01-31 |  73.86M
  2017-01-31 |  102.48M
  2018-01-31 |  118.27M
  2019-01-31 |  209.30M
  2020-01-31 |  243.23M
  2021-01-31 |  364.06M
  2022-01-31 |  466.45M
  2023-01-31 |  536.09M
  2024-01-31 |  572.62M
  2025-01-31 |  621.66M

               |                         |                         |                         |                         |
               0.00M                    155.41M                   310.83M                   466.24M                   621.66M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         10/10 dates (100%)
  ⚠️  shortLongTermDebtTotal              7/10 dates (70%)
  ✅ operatingCashflow                   10/10 dates (100%)

Plot for DOCU (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -1.02B                    -0.51B                     0.00B                     0.51B                     1.02B
               |                         |                         |                         |                         |

  2016-01-31 |                                                  |  0.23B ⊗
  2017-01-31 |                                                    |  0.19B ⊗
  2018-01-31 |                                                     |  0.26B ⊗
  2019-01-31 |                                                     |  0.54B
  2020-01-31 |                                                     |  0.65B
  2021-01-31 |                                                     |  0.92B
  2022-01-31 |                                                     |  0.88B
  2023-01-31 |                                                     |  0.89B
  2024-01-31 |                                                     |  0.98B
  2025-01-31 |                                                     | 1.02B

               |                         |                         |                         |                         |
               -1.02B                    -0.51B                     0.00B                     0.51B                     1.02B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   10/10 dates (100%)
  ✅ capitalExpenditures                 10/10 dates (100%)

Plot for DOCU (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -1.02B                    -0.51B                     0.00B                     0.51B                     1.02B
               |                         |                         |                         |                         |

  2016-01-31 |                                                  |  -0.07B
  2017-01-31 |                                                    |  0.04B
  2018-01-31 |                                                     |  0.05B
  2019-01-31 |                                                     |  0.08B
  2020-01-31 |                                                     |  0.12B
  2021-01-31 |                                                     |  0.30B
  2022-01-31 |                                                     |  0.51B
  2023-01-31 |                                                     |  0.51B
  2024-01-31 |                                                     |  0.98B
  2025-01-31 |                                                     | 1.02B

               |                         |                         |                         |                         |
               -1.02B                    -0.51B                     0.00B                     0.51B                     1.02B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         10/10 dates (100%)
  ✅ totalLiabilities                    10/10 dates (100%)
  ✅ totalShareholderEquity              10/10 dates (100%)

Plot for DOCU (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -4.01B                    -2.01B                     0.00B                     2.01B                     4.01B
               |                         |                         |                         |                         |

  2016-01-31 |                                                 |  0.76B
  2017-01-31 |                                                |  0.85B
  2018-01-31 |                                                     |  0.62B
  2019-01-31 |                                                     |  1.62B
  2020-01-31 |                                                     |  1.89B
  2021-01-31 |                                                     |  2.34B
  2022-01-31 |                                                     |  2.54B
  2023-01-31 |                                                     |  3.01B
  2024-01-31 |                                                     |  2.97B
  2025-01-31 |                                                     | 4.01B

               |                         |                         |                         |                         |
               -4.01B                    -2.01B                     0.00B                     2.01B                     4.01B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           10/10 dates (100%)
  ⚠️  shortLongTermDebtTotal              7/10 dates (70%)
  ✅ totalShareholderEquity              10/10 dates (100%)

Plot for DOCU (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -2.00B                    -1.00B                     0.00B                     1.00B                     2.00B
               |                         |                         |                         |                         |

  2016-01-31 |                                              | -0.28B ⊗
  2017-01-31 |                                            | -0.35B ⊗
  2018-01-31 |                                                    |  0.21B ⊗
  2019-01-31 |                                          |  0.61B
  2020-01-31 |                                                |  0.65B
  2021-01-31 |                                               |  0.92B
  2022-01-31 |                                                   |  0.88B
  2023-01-31 |                                                  |  0.89B
  2024-01-31 |                                                     |  1.13B
  2025-01-31 |                                                     | 2.00B

               |                         |                         |                         |                         |
               -2.00B                    -1.00B                     0.00B                     1.00B                     2.00B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for DOCU (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -888.21M                  -444.11M                    0.00M                    444.11M                   888.21M
               |                         |                         |                         |                         |

  2019-10-31 |                                                  |  249.50M
  2020-01-31 |                                                  |  274.89M
  2020-04-30 |                                                  |  297.02M
  2020-07-31 |                                                 |  342.21M
  2020-10-31 |                                                  |  382.92M
  2021-01-31 |                                                 |  430.90M
  2021-04-30 |                                                    |  469.08M
  2021-07-31 |                                                    |  511.84M
  2021-10-31 |                                                    |  545.46M
  2022-01-31 |                                                   |  580.83M
  2022-04-30 |                                                   |  588.69M
  2022-07-31 |                                                  |  622.18M
  2022-10-31 |                                                   |  645.46M
  2023-01-31 |                                                     |  659.58M
  2023-04-30 |                                                     |  661.39M
  2023-07-31 |                                                     |  687.69M
  2023-10-31 |                                                     |  700.42M
  2024-01-31 |                                                     |  712.39M
  2024-04-30 |                                                     |  709.64M
  2024-07-31 |                                                     | 888.21M
  2024-10-31 |                                                     |  754.82M
  2025-01-31 |                                                     |  776.25M
  2025-04-30 |                                                     |  763.65M
  2025-07-31 |                                                     |  800.64M
  2025-10-31 |                                                     |  818.35M

               |                         |                         |                         |                         |
               -888.21M                  -444.11M                    0.00M                    444.11M                   888.21M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for DOCU (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    42.64M                    85.27M                    127.91M                   170.55M
               |                         |                         |                         |                         |

  2019-10-31 |  61.96M
  2020-01-31 |  68.08M
  2020-04-30 |  74.03M
  2020-07-31 |  90.61M
  2020-10-31 |  97.83M
  2021-01-31 |  101.58M
  2021-04-30 |  105.24M
  2021-07-31 |  113.78M
  2021-10-31 |  115.97M
  2022-01-31 |  131.45M
  2022-04-30 |  132.42M
  2022-07-31 |  136.70M
  2022-10-31 |  129.54M
  2023-01-31 |  137.43M
  2023-04-30 |  136.49M
  2023-07-31 |  155.45M
  2023-10-31 |  142.65M
  2024-01-31 |  151.52M
  2024-04-30 |  149.45M
  2024-07-31 |  155.47M
  2024-10-31 |  156.54M
  2025-01-31 |  160.21M
  2025-04-30 |  159.45M
  2025-07-31 |  169.63M
  2025-10-31 |  170.55M

               |                         |                         |                         |                         |
               0.00M                    42.64M                    85.27M                    127.91M                   170.55M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for DOCU (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -1.19B                    -0.59B                     0.00B                     0.59B                     1.19B
               |                         |                         |                         |                         |

  2019-10-31 |                                                    |  0.63B
  2020-01-31 |                                                     |  0.65B
  2020-04-30 |                                                     |  0.67B
  2020-07-31 |                                                     |  0.69B
  2020-10-31 |                                                     |  0.69B
  2021-01-31 |                                                     |  0.92B
  2021-04-30 |                                                     |  0.95B
  2021-07-31 |                                                     |  0.91B
  2021-10-31 |                                                     |  0.90B
  2022-01-31 |                                                     |  0.88B
  2022-04-30 |                                                     |  0.87B
  2022-07-31 |                                                     |  0.85B
  2022-10-31 |                                                     |  0.84B
  2023-01-31 |                                                     |  0.89B
  2023-04-30 |                                                     |  0.94B
  2023-07-31 |                                                     |  1.02B
  2023-10-31 |                                                     | 1.19B
  2024-01-31 |                                                     |  0.80B
  2024-04-30 |                                                     |  0.82B
  2024-07-31 |                                                     |  0.62B
  2024-10-31 |                                                     |  0.61B
  2025-01-31 |                                                     |  0.65B
  2025-04-30 |                                                     |  0.66B
  2025-07-31 |                                                     |  0.60B
  2025-10-31 |                                                     |  0.60B

               |                         |                         |                         |                         |
               -1.19B                    -0.59B                     0.00B                     0.59B                     1.19B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for DOCU (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -307.91M                  -153.96M                    0.00M                    153.96M                   307.91M
               |                         |                         |                         |                         |

  2019-10-31 |                                                    |  12.28M
  2020-01-31 |                                                     |  45.51M
  2020-04-30 |                                                     |  59.14M
  2020-07-31 |                                                     |  118.13M
  2020-10-31 |                                                     |  57.44M
  2021-01-31 |                                                     |  62.23M
  2021-04-30 |                                                     |  135.60M
  2021-07-31 |                                                     |  177.67M
  2021-10-31 |                                                     |  105.41M
  2022-01-31 |                                                     |  87.79M
  2022-04-30 |                                                     |  196.29M
  2022-07-31 |                                                     |  120.88M
  2022-10-31 |                                                     |  52.54M
  2023-01-31 |                                                     |  137.06M
  2023-04-30 |                                                     |  233.63M
  2023-07-31 |                                                     |  211.02M
  2023-10-31 |                                                     |  264.18M
  2024-01-31 |                                                     |  270.70M
  2024-04-30 |                                                     |  254.83M
  2024-07-31 |                                                     |  220.21M
  2024-10-31 |                                                     |  234.33M
  2025-01-31 |                                                     | 307.91M
  2025-04-30 |                                                     |  251.44M
  2025-07-31 |                                                     |  246.07M
  2025-10-31 |                                                     |  290.27M

               |                         |                         |                         |                         |
               -307.91M                  -153.96M                    0.00M                    153.96M                   307.91M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for DOCU (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     1.00B                     2.01B                     3.01B                     4.01B
               |                         |                         |                         |                         |

  2019-10-31 |  1.79B
  2020-01-31 |  1.89B
  2020-04-30 |  1.92B
  2020-07-31 |  2.05B
  2020-10-31 |  2.05B
  2021-01-31 |  2.34B
  2021-04-30 |  2.30B
  2021-07-31 |  2.36B
  2021-10-31 |  2.41B
  2022-01-31 |  2.54B
  2022-04-30 |  2.57B
  2022-07-31 |  2.67B
  2022-10-31 |  2.73B
  2023-01-31 |  3.01B
  2023-04-30 |  3.13B
  2023-07-31 |  3.27B
  2023-10-31 |  3.34B
  2024-01-31 |  2.97B
  2024-04-30 |  2.93B
  2024-07-31 |  3.75B
  2024-10-31 |  3.77B
  2025-01-31 |  4.01B
  2025-04-30 |  3.95B
  2025-07-31 |  3.95B
  2025-10-31 |  3.98B

               |                         |                         |                         |                         |
               0.00B                     1.00B                     2.01B                     3.01B                     4.01B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for DOCU (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -2.01B                    -1.01B                     0.00B                     1.01B                     2.01B
               |                         |                         |                         |                         |

  2019-10-31 |                                                    |  0.63B
  2020-01-31 |                                                    |  0.65B
  2020-04-30 |                                                    |  0.67B
  2020-07-31 |                                                   |  0.69B
  2020-10-31 |                                                   |  0.69B
  2021-01-31 |                                                   |  0.92B
  2021-04-30 |                                                    |  0.95B
  2021-07-31 |                                                    |  0.91B
  2021-10-31 |                                                    |  0.90B
  2022-01-31 |                                                    |  0.88B
  2022-04-30 |                                                    |  0.87B
  2022-07-31 |                                                    |  0.85B
  2022-10-31 |                                                    |  0.84B
  2023-01-31 |                                                     |  0.89B
  2023-04-30 |                                                     |  0.88B
  2023-07-31 |                                                     |  0.88B
  2023-10-31 |                                                     |  0.97B
  2024-01-31 |                                                     |  1.13B
  2024-04-30 |                                                     |  1.14B
  2024-07-31 |                                                     |  1.96B
  2024-10-31 |                                                     |  1.99B
  2025-01-31 |                                                     | 2.00B
  2025-04-30 |                                                     | 2.01B
  2025-07-31 |                                                     |  1.99B
  2025-10-31 |                                                     |  1.98B

               |                         |                         |                         |                         |
               -2.01B                    -1.01B                     0.00B                     1.01B                     2.01B

Price History

Volume

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