Docusign (DOCU) Cost of Revenue (2017 - 2026)
Docusign (DOCU) recorded quarterly Cost of Revenue of $171.3 million in Q2 2026, down 75.9% quarter-over-quarter from $710.6 million in Q1 2026, and up 8.9% year-on-year from $157.3 million in Q2 2025.
Docusign (DOCU) Cost of Revenue (2017 - 2026) Analysis & Trends
Docusign has disclosed Cost of Revenue across 10 years of filings, most recently posting $171.3 million for Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 8.9% year-over-year to $171.3 million; the trailing twelve-month figure through Apr 2026 stood at $1.4 billion (up 115.71% YoY), and the FY2026 full-year result was $1.2 billion, up 93.66% from the prior year.
- Cost of Revenue was $171.3 million for Q2 2026 at Docusign, down from $710.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $844.0 million in Q1 2023 and troughed at $129.5 million in Q4 2022.
- The 5-year median for Cost of Revenue is $287.1 million (2023), against an average of $296.4 million.
- The sharpest annual moves came in 2024 and 2026: Cost of Revenue plunged 64.43% in 2024, then surged 343.54% in 2026.
- Year by year, Cost of Revenue stood at $129.5 million in 2022, then jumped by 125.77% to $292.5 million in 2023, then plunged by 46.48% to $156.5 million in 2024, then advanced by 8.95% to $170.5 million in 2025, then rose by 0.42% to $171.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $171.3 million in Q2 2026, $710.6 million in Q1 2026, and $170.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Docusign | 8.69 Bn | 7.88 Bn | 658.97 Mn | 171.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 171.27 Mn |
| Apr 30, 2026 | 171.27 Mn |
| Jan 31, 2026 | 710.61 Mn |
| Jan 31, 2026 | 710.61 Mn |
| Oct 31, 2025 | 170.55 Mn |
| Oct 31, 2025 | 170.55 Mn |
| Jul 31, 2025 | 305.45 Mn |
| Jul 31, 2025 | 305.45 Mn |
| Apr 30, 2025 | 157.27 Mn |
| Apr 30, 2025 | 157.27 Mn |
| Jan 31, 2025 | 160.21 Mn |
| Jan 31, 2025 | 160.21 Mn |
| Oct 31, 2024 | 156.54 Mn |
| Oct 31, 2024 | 156.54 Mn |
| Jul 31, 2024 | 155.47 Mn |
| Jul 31, 2024 | 155.47 Mn |
| Apr 30, 2024 | 281.64 Mn |
| Apr 30, 2024 | 281.64 Mn |
| Jan 31, 2024 | 300.22 Mn |
| Jan 31, 2024 | 300.22 Mn |