Docusign (DOCU) FCF Margin (2017 - 2026)
Docusign's (DOCU) quarterly FCF Margin came in at 39.03% in Q2 2026, up 599.0% year-on-year from 5.58% in Q2 2025, and down 12.73% on a QoQ basis from 44.72% in Q1 2026.
Docusign (DOCU) FCF Margin (2017 - 2026) Analysis & Trends
Docusign (DOCU) has 10 years of FCF Margin data on file, last reported at 39.03% in Q2 2026.
- On a quarterly basis, FCF Margin rose 599.0% year-over-year to 39.03% in Q2 2026; TTM through Apr 2026 was 37.53%, a 484.0% increase from a year earlier, with the FY2026 full-year figure at 36.08%, up 265.0% from the prior year.
- FCF Margin for Q2 2026 stood at 39.03%, down from 44.72% in the prior quarter.
- Over the last five years, FCF Margin for DOCU reached as high as 45.68% in Q1 2025 and fell as low as 9.12% in Q1 2023.
- Historically, FCF Margin has averaged 30.33% across 5 years, with a median of 31.45% in 2023.
- On a YoY basis, FCF Margin climbed as much as 2868 bps in 2024 and fell as far as 1297 bps in 2024.
- Year by year, FCF Margin stood at 9.4% in 2022, then soared by 293 bps to 36.92% in 2023, then sank by 35 bps to 23.94% in 2024, then soared by 75 bps to 41.79% in 2025, then fell by 7 bps to 39.03% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 39.03% in Q2 2026, 44.72% in Q1 2026, and 41.79% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 39.26% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 15.02% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 17.31% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 58.89% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 11.86% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 36.83% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 16.73% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 20.82% |
| 10 | Docusign | 9.20 Bn | 8.38 Bn | 658.97 Mn | 39.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 39.03% |
| Jan 31, 2026 | 44.72% |
| Oct 31, 2025 | 41.79% |
| Jul 31, 2025 | 24.13% |
| Apr 30, 2025 | 33.04% |
| Jan 31, 2025 | 45.68% |
| Oct 31, 2024 | 23.94% |
| Jul 31, 2024 | 27.61% |
| Apr 30, 2024 | 36.18% |
| Jan 31, 2024 | 37.80% |
| Oct 31, 2023 | 36.92% |
| Jul 31, 2023 | 29.86% |
| Apr 30, 2023 | 34.91% |
| Jan 31, 2023 | 9.12% |
| Oct 31, 2022 | 9.40% |
| Jul 31, 2022 | 21.49% |
| Apr 30, 2022 | 29.66% |
| Jan 31, 2022 | 20.70% |
| Oct 31, 2021 | 12.65% |
| Jul 31, 2021 | 33.87% |