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DocuSign DOCU Net margin

Net margin at other companies

Adobe logo
AdobeADBE
28.7%-1.7pp
Salesforce logo
SalesforceCRM
18.7%+2.7pp
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
19.7%+2.1pp
Oracle logo
OracleORCL
25.3%+3.5pp
HubSpot logo
HubSpotHUBS
3%+2.5pp

Other financials

Income statement

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Revenue$830.2M+8.7%
Gross profit$659.0M+8.7%
Operating income$111.3M+84.7%
Net income$78.2M+8.5%
EPS (diluted)$0.40+17.6%

Balance sheet

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Cash & equivalents$281.4M-27.3%
Total debt$183.3M+37.9%
Total equity$1.8B-9.7%
Total assets$4.0B+0.9%

Cash flow

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Operating cash flow$321.7M+27.9%
CapEx$32.3M+36.5%
Free cash flow$289.4M+27.0%

Valuation

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Market cap$8.3B-46.0%
Enterprise value$8.2B-45.7%
P/E26.3×+12.4×
P/S2.5×-2.5×

Profitability

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Gross margin79.4%+0.2pp
Operating margin10.6%+2.8pp
FCF margin34.1%+3.9pp

Returns & leverage

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Return on equity16.4%-53.8pp
Debt / equity0.1×0.0×
Current ratio0.7×-0.1×

Where this comes from

Calculated from DocuSign’s reported figures.

Based on trailing twelve months.

The official record: DocuSign’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DocuSign's net margin?
DocuSign (DOCU) reported net margin of 9.6% in Q1 2026.
How has DocuSign's net margin changed year-over-year?
DocuSign's net margin decreased by 73.7% year-over-year, from 36.5% to 9.6%.
What is the long-term trend for DocuSign's net margin?
Over 5 years (2021 to 2026), DocuSign's net margin has grown at a -10.5% compound annual growth rate (CAGR), from -16.7% to 9.6%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.