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DocuSign DOCU Operating margin

Operating margin at other companies

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AdobeADBE
36.1%-0.3pp
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OneSpanOSPN
18.8%-1.1pp
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BoxBOX
8.6%+2.5pp
Dropbox logo
DropboxDBX
26.8%+6.1pp
Consensus Cloud Solutions, Inc. logo
Consensus Cloud Solutions, Inc.CCSI
42.9%+0.2pp
Appian Corporation logo
Appian CorporationAPPN
0.2%+0.1pp

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$10.98B-27.7%
Enterprise value$10.88B-27.4%
P/E34.8×-19.2×
P/S3.3×-1.6×

Profitability

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Gross margin79.4%+0.2pp
Net margin9.6%-26.9pp
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 source filing: DocuSign’s 10-Q, filed June 5, 2026. Open the filing →

Filed
Jun 5, 2026, 4:50 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001261333-26-000074

FAQ

What is DocuSign's operating margin?
DocuSign (DOCU) reported operating margin of 10.6% in Q1 2026.
How has DocuSign's operating margin changed year-over-year?
DocuSign's operating margin increased by 35.7% year-over-year, from 7.8% to 10.6%.
What is the long-term trend for DocuSign's operating margin?
Over 5 years (2021 to 2026), DocuSign's operating margin has grown at a -5.0% compound annual growth rate (CAGR), from -12% to 9.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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