analyzeportfolio
Nasdaq · Technology

Docusign, Inc. (DOCU)

As-reported financials and SEC filings for Docusign, Inc. The latest annual period is FY2026. The latest reported quarter is Q2 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Docusign, Inc.

DocuSign, Inc. provides an Intelligent Agreement Management platform that includes e-signature and contract lifecycle management solutions. Its products help organizations of all sizes manage agreements digitally, streamline contract processes, and gain insights from agreement data. DocuSign serves over 1.8 million customers worldwide across various industries, offering subscription-based services primarily to businesses, educational institutions, and government entities.

Snapshot

Revenue
$3.22B
Revenue growth (YoY)
8.2%
Net income
$309.1M
Diluted EPS
$1.48
Gross margin
79.4%
Operating margin
9.3%
Net margin
9.6%
FCF margin
32.9%
ROE
16.1%
net income / fiscal-year-end equity
P/E
44.0×
trailing when available, otherwise FY EPS
Market cap
$14.06B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Docusign

  • Revenue grew 8.2% to $3.2B in FY2026, in line with the 7.8% the year before.
  • Operating margin turned positive at 9.3% in FY2026, from a 2.9% operating loss in FY2022.
  • Most recent quarter Q2 FY2027: revenue $876M, up 9.4% from Q2 FY2026.
  • Free cash flow was $1.1B in FY2026, 32.9% of revenue.
  • Net income fell 71.1% to $309M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Docusign’s fundamentals sit among the 331 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin79.4%
83rd percentile of 264
Operating margin9.3%
68th percentile of 302
Net margin9.6%
68th percentile of 306
FCF margin32.9%
91st percentile of 284
Revenue growth (YoY)+8.2%
42nd percentile of 324
ROE16.1%
75th percentile of 285
P/E44.0×
70th percentile of 163
Short interest3.52d
50th percentile of 329

Docusign’s FCF margin of 32.9% ranks in the 91st percentile of the 284 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 20 insider sales totaling $11.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
6
4 trimmed, 2 exited
Combined position
$821.1M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$398.6M9.0MAdded
Two Sigma InvestmentsquantQ2 2026$146.7M3.3MAdded
Renaissance TechnologiesquantQ2 2026$136.6M3.1MReduced
D. E. ShawquantQ2 2026$83.3M1.9MReduced
Gotham Asset ManagementQ2 2026$48.2M1.1MAdded
Citadel AdvisorsquantQ2 2026$4.8M107.4KReduced
Millennium ManagementquantQ2 2026$3.1M70.2KReduced

No longer held by: Bridgewater Associates (as of Q2 2026), Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
20
$11.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-01
filed 2026-10-02
Allan C. ThygesenPresident and CEOSell13.6K$69.45$944K
2026-10-01
filed 2026-10-02
James P. ShaughnessyChief Legal OfficerSell11.6K$68.77$798K
2026-10-01
filed 2026-10-02
Allan C. ThygesenPresident and CEOSell7.5K$68.53$512K
2026-10-01
filed 2026-10-02
Allan C. ThygesenPresident and CEOSell5.2K$69.98$362K
2026-10-01
filed 2026-10-02
Paula HansenChief Revenue OfficerSell3.0K$68.75$206K
2026-10-01
filed 2026-10-02
Mary Agnes WilderotterDirectorSell1.0K$68.80$69K
2026-10-01
filed 2026-10-02
James P. ShaughnessyChief Legal OfficerSell400$69.55$28K
2026-10-01
filed 2026-10-02
Paula HansenChief Revenue OfficerSell300$69.37$21K
2026-09-17
filed 2026-09-21
Robert ChatwaniPresident General Mgr, GrowthSell10.6K$69.66$741K
2026-09-17
filed 2026-09-21
Robert ChatwaniPresident General Mgr, GrowthSell4.0K$68.77$278K
2026-09-16
Mary Agnes WilderotterDirectorSell1.1K$70.60$77K
2026-09-14
filed 2026-09-15
Anna MarrsDirectorSell548$67.00$37K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.4M
settled 2026-09-30
Change vs prior
-16.9%
vs previous settlement
Days to cover
3.52
at avg daily volume
Avg daily volume
3.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3011.4M-16.9%3.52
2026-09-1513.7M-0.5%3.52
2026-08-3113.8M-10.6%4.83
2026-08-1415.4M+1.9%5.30
2026-07-3115.1M-9.7%4.64
2026-07-1516.8M+15.3%5.61
2026-06-3014.5M-4.7%2.85
2026-06-1515.2M-6.6%2.98

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$3.22B$2.98B$2.76B$2.52B$2.11B
Gross profit
Operating income$298.6M$199.9M$31.6M$-88.0M$-61.9M
Net income$309.1M$1.07B$74.0M$-97.5M$-70.0M
Diluted EPS$1.48$5.08$0.36$-0.49$-0.36

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$602.4M$648.6M$797.1M$721.9M$509.1M
Current assets$1.49B$1.49B$1.57B$1.63B$1.32B
Total assets$4.23B$4.01B$2.97B$3.01B$2.54B
Current liabilities$2.04B$1.83B$1.66B$2.21B$1.37B
Long-term debt—————
Total liabilities$2.31B$2.01B$1.84B$2.40B$2.27B
Total equity$1.92B$2.00B$1.13B$617.3M$275.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$1.17B$1.02B$979.5M$506.8M$506.5M
Capital expenditure$106.4M$97.0M$92.4M$77.7M$61.4M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2027$875.7M9.4%$77.7M$0.40
Q1 FY2027$830.2M8.7%$78.2M$0.40
Q4 FY20267.8%
Q3 FY2026$818.4M8.4%$83.7M$0.40
Q2 FY2026$800.6M8.8%$63.0M$0.30
Q1 FY2026$763.7M7.6%$72.1M$0.34
Q4 FY20259.0%
Q3 FY2025$754.8M7.8%$62.4M$0.30

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended January 31, 2026)
Latest reported quarterQ2 FY2027 (ended July 31, 2026)
Oldest indexed filing2019
SEC CIK1261333

Selected SEC filings

10-Q2026-09-04
View on EDGAR →
10-Q2026-06-05
View on EDGAR →
8-K2026-09-03
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-06-03
View on EDGAR →
8-K2026-05-06
View on EDGAR →

Largest software peers

All software stocks →All Technology companies →

Monitor DOCU

Get an alert when Docusign files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor DOCU free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.