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DocuSign, Inc. logo

DocuSign, Inc.

DOCUNASDAQ

$84.61

Last price · USD

Market cap
$17.32B
P/E
57.2x
EV / EBITDA
37.4x
P/S
5.4x
FCF yield
6.1%
Div. yield
0.00%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

OverviewBusinessFinancialsPeersChartsValuation

Revenue

$3.22B

+8.2%

4Y CAGR +11.2%

Gross profit

$2.56B

+8.5%

4Y CAGR +11.7%

Operating income

$299M

+49.3%

4Y CAGR —

Net income

$309M

-71.1%

4Y CAGR —

EPS (diluted)

$1.48

-70.9%

4Y CAGR —

Free cash flow

$1.06B

+15.0%

4Y CAGR +24.2%

Revenue & net income

Fiscal 2022–2026 · USD

All charts
$3B$3B$2B$1B$644M$0M$2.11B$2.52B$2.76B$2.98B$3.22B20222023202420252026
RevenueNet income

Valuation

At $84.61 · FY2026 fundamentals

Market cap
$17.32B
Enterprise value
$16.90B
P/E
57.2x
P/S
5.4x
P/B
9.0x
EV / EBITDA
37.4x
EV / Sales
5.2x
Earnings yield
1.8%
FCF yield
6.1%
Shareholder yield
5.0%
Estimate intrinsic value with a DCF

Profitability

Margins as a share of revenue

MetricLatest4Y agoTrend
Gross margin79.4%+1.5pp77.9%
Operating margin9.3%+12.2pp-2.9%
EBITDA margin14.0%+13.0pp1.0%
Net margin9.6%+12.9pp-3.3%
FCF margin32.9%+11.8pp21.1%

Returns & financial health

FY2026 with 4-year trend

MetricLatest4Y agoTrend
Return on equity16.1%-25.4%
Return on invested capital17.7%-9.5%
Return on assets7.3%-2.8%
Debt / equity0.10x3.20x
Net debt / EBITDA-0.92x17.40x
Current ratio0.73x0.96x

Cash & equivalents

$602M

Total debt

$185M

Capital allocation

How DOCU used its cash in FY2026

Operating cash flow
$1.17B
Capital expenditure
$106M
Dividends paid
$0.00
Share repurchases
$869M
Stock-based compensation
$622M
Diluted shares
204.7M
Share count change (4Y)
+4.1%

Analyst estimates

Consensus for upcoming fiscal years

Fiscal yearRevenueGrowthEPSGrowth
FY2026 actual$3.22B$1.48
FY2027E11 analysts$3.50B+8.8%$4.62+212.3%
FY2028E12 analysts$3.78B+8.0%$5.21+12.8%
FY2029E5 analysts$4.07B+7.5%$5.73+9.8%

About DocuSign, Inc.

Technology · Software - Application

DocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally. The company's core offering is an e-signature solution that empowers businesses to digitally prepare, execute, finalize, and manage various agreements.

DocuSign.com
Sector
Technology
Industry
Software - Application
CEO
Allan C. Thygesen
Employees
7,044
Headquarters
San Francisco, CA, US
IPO date
2018-04-27

DocuSign, Inc. (DOCU) — frequently asked questions

Answered from the company's SEC filings

DocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally.

DocuSign, Inc. reported revenue of $3.22B in fiscal 2026, up 8.2% from the prior year. Over the last 4 years, revenue has grown at 11.2% a year.

Yes. DocuSign, Inc. earned net income of $309M in fiscal 2026, a net margin of 9.6%, and generated $1.06B of free cash flow.

At a share price of $84.61, DOCU trades at about 57.2x its fiscal 2026 earnings per share, with a market capitalization of roughly $17.32B. Its EV/EBITDA multiple is 37.4x.

DocuSign, Inc. did not pay a common dividend in fiscal 2026.

DocuSign, Inc. had total debt of $185M and cash of $602M at the end of fiscal 2026, giving net debt of -0.9x EBITDA.

DocuSign, Inc.'s return on invested capital was 17.7% in fiscal 2026, and its return on equity was 16.1%.

Explore the full income statement, balance sheet and cash flow statement. Not investment advice.