DOCU FY 2026 Earnings Report — DocuSign, Inc. Revenue & Financial Results | Market Cap Arena

DocuSign, Inc.DOCU

FY 2026 Earnings

Reported March 18, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2026	Prior Q	FY 2025	QoQ Change	YoY Change
Revenue	$3.2B	—	$3.0B	—	8.2%
Op. Income	$299M	—	$200M	—	49.3%
Gross Margin	79.4%	—	79.1%	—	0.3pp
Net Margin	9.6%	—	35.9%	—	-26.3pp
EPS (Diluted)	$1.48	—	$5.08	—	-70.9%
Free Cash Flow	$1.1B	—	$920M	—	15.0%

Revenue Flow

Item	Amount
REVENUE	$3.2B
Cost of Revenue	$663M
GROSS PROFIT	$2.6B
R&D Expenses	$665M
Selling & Marketing	$1.2B
General & Administrative	$389M
SG&A Expenses	$1.6B
Other Expenses	$0
Operating Expenses	$2.3B
Cost & Expenses	$2.9B
OPERATING INCOME	$299M
Interest Income	$40M
Interest Expense	$3M
Other Income/Expenses	$49M
INCOME BEFORE TAX	$347M
Income Tax Expense	$38M
Net Income from Continuing Ops	$309M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$309M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$309M
D&A	$227M
EBIT	$335M
EBITDA	$562M
EPS	$2
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.2B
Cost of Revenue	$663M
GROSS PROFIT	$2.6B
R&D Expenses	$665M
Selling & Marketing	$1.2B
General & Administrative	$389M
SG&A Expenses	$1.6B
Other Expenses	$0
Operating Expenses	$2.3B
Cost & Expenses	$2.9B
OPERATING INCOME	$299M
Interest Income	$40M
Interest Expense	$3M
Other Income/Expenses	$49M
INCOME BEFORE TAX	$347M
Income Tax Expense	$38M
Net Income from Continuing Ops	$309M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$309M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$309M
D&A	$227M
EBIT	$335M
EBITDA	$562M
EPS	$2
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$309M
Depreciation & Amortization	$116M
Stock-Based Compensation	$622M
Deferred Income Tax	$5M
Other Non-Cash Items	$275M
Change in Working Capital	-$163M
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$106M
Acquisitions (Net)	$0
Purchases of Investments	-$410M
Sales/Maturities of Investments	$390M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$127M
Net Debt Issuance	-$21M
Common Stock Repurchased	-$869M
Common Dividends Paid	$0
Other Financing Activities	-$251M
NET CASH FROM FINANCING	-$1.1B
FREE CASH FLOW	$1.1B
Net Change in Cash	-$47M

Balance Sheet

Item	Amount
Cash & Equivalents	$602M
Short-Term Investments	$264M
Net Receivables	$527M
Inventory	$0
Other Current Assets	$97M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$527M
Goodwill	$458M
Intangible Assets	$61M
Long-Term Investments	$239M
Tax Assets	$835M
Other Non-Current Assets	$618M
TOTAL NON-CURRENT ASSETS	$2.7B
TOTAL ASSETS	$4.2B
Account Payables	$17M
Short-Term Debt	$17M
Deferred Revenue	$0
Other Current Liabilities	$2.0B
TOTAL CURRENT LIABILITIES	$2.0B
Long-Term Debt	$0
Deferred Revenue NC	$30M
Deferred Tax Liabilities	$22M
Other Non-Current Liabilities	$52M
TOTAL NON-CURRENT LIABILITIES	$272M
TOTAL LIABILITIES	$2.3B
Common Stock	$20.0K
Additional Paid-In Capital	$3.8B
Retained Earnings	-$1.9B
Treasury Stock	$0
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$4.2B
Total Debt	$185M
Net Debt	-$417M