Docusign (DOCU) FCF Margin (2017 - 2026)
Docusign (DOCU) reported FCF Margin of 41.85% for Q1 2026, down 593.0% year-over-year from 8.49% in Q1 2025, and up 30.26% on a QoQ basis from 32.13% in Q4 2025.
Docusign (DOCU) has 10 years of FCF Margin data on file, last reported at 41.85% in Q1 2026.
- Quarterly FCF Margin fell 593.0% year-over-year to 41.85% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 32.88% (down 110.0% YoY) and the FY2026 annual result came in at 32.88%, down 110.0% from the prior year.
- FCF Margin improved to 41.85% in Q1 2026 per DOCU's latest filing, from 32.13% in the prior quarter.
- Across five years, FCF Margin topped out at 47.78% in Q1 2025 and bottomed at 1.21% in Q4 2022.
- The 5-year median for FCF Margin is 29.66% (2022), against an average of 27.67%.
- The widest annual swing landed in 2022, when FCF Margin sank 2167 bps; it then jumped 2708 bps in 2023.
- Tracing DOCU's FCF Margin over 5 years: stood at 1.21% in 2022, then surged by 2238 bps to 28.29% in 2023, then dropped by 1 bps to 27.92% in 2024, then grew by 15 bps to 32.13% in 2025, then soared by 30 bps to 41.85% in 2026.
- Per Business Quant, the three latest DOCU FCF Margin figures stand at 41.85% (Q1 2026), 32.13% (Q4 2025), and 27.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Docusign | 10.01 Bn | 9.14 Bn | 667.08 Mn | 41.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 41.85% |
| Oct 31, 2025 | 32.13% |
| Jul 31, 2025 | 27.18% |
| Apr 30, 2025 | 29.83% |
| Jan 31, 2025 | 47.78% |
| Oct 31, 2024 | 27.92% |
| Jul 31, 2024 | 26.89% |
| Apr 30, 2024 | 32.70% |
| Jan 31, 2024 | 34.89% |
| Oct 31, 2023 | 28.29% |
| Jul 31, 2023 | 32.84% |
| Apr 30, 2023 | 32.44% |
| Jan 31, 2023 | 17.13% |
| Oct 31, 2022 | 1.21% |
| Jul 31, 2022 | 21.49% |
| Apr 30, 2022 | 29.66% |
| Jan 31, 2022 | 6.12% |
| Oct 31, 2021 | 22.88% |
| Jul 31, 2021 | 29.39% |
| Apr 30, 2021 | 28.64% |
| Jan 31, 2021 | -3.00% |
| Oct 31, 2020 | 14.80% |
| Jul 31, 2020 | 40.34% |
| Apr 30, 2020 | 11.03% |
| Jan 31, 2020 | 5.65% |
| Oct 31, 2019 | -5.67% |
| Jul 31, 2019 | 5.03% |
| Apr 30, 2019 | 14.22% |
| Jan 31, 2019 | 4.31% |
| Oct 31, 2018 | 0.83% |
| Jul 31, 2018 | 16.03% |
| Apr 30, 2018 | 5.65% |
| Jan 31, 2018 | 18.90% |
| Oct 31, 2017 | 10.16% |
| Jul 31, 2017 | 13.59% |
| Apr 30, 2017 | -6.58% |