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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$10.86B-28.4%
Enterprise value$10.77B-28.2%
P/E34.5×-19.6×
P/S3.3×-1.6×

Profitability

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Gross margin79.4%+0.2pp
Operating margin10.6%+2.8pp
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

Reported directly by DocuSign in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: DocuSign’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:50 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001261333-26-000074
(in thousands, except per share data)Three Months Ended April 30, 2026Three Months Ended April 30, 2025
Gross profit658,965606,385
Operating expenses:
Sales and marketing296,175296,413
Research and development159,586159,447
General and administrative91,89590,270
Total operating expenses547,656546,130
Income from operations111,30960,255
Interest expense(551)(478)

Item 1. Financial Statements (unaudited)

FAQ

What is DocuSign's R&D?
DocuSign (DOCU) reported R&D of $159.59M in Q1 2026.
How has DocuSign's R&D changed year-over-year?
DocuSign's R&D increased by 0.1% year-over-year, from $159.45M to $159.59M.
What is the long-term trend for DocuSign's R&D?
Over 4 years (2022 to 2026), DocuSign's R&D has grown at a 14.0% compound annual growth rate (CAGR), from $393.36M to $664.99M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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