Docusign (DOCU) Gross Margin (2017 - 2026)
Docusign's (DOCU) quarterly Gross Margin came in at 79.37% in Q2 2026, down 3.0% year-on-year from 81.83% in Q2 2025, and little changed on a QoQ basis from 79.71% in Q1 2026.
Docusign (DOCU) Gross Margin (2017 - 2026) Analysis & Trends
Docusign (DOCU) has 10 years of Gross Margin data on file, last reported at 79.37% in Q2 2026.
- On a quarterly basis, Gross Margin fell 3.0% year-over-year to 79.37% in Q2 2026; TTM through Apr 2026 was 79.4%, a 17.0% increase from a year earlier, with the FY2026 full-year figure at 79.4%, up 29.0% from the prior year.
- Gross Margin for Q2 2026 stood at 79.37%, roughly flat from 79.71% in the prior quarter.
- Over the last five years, Gross Margin for DOCU reached as high as 79.93% in Q4 2022 and fell as low as 77.37% in Q1 2022.
- Historically, Gross Margin has averaged 79.03% across 5 years, with a median of 79.25% in 2024.
- Across the five-year window, Gross Margin soared 186 bps in 2023 and sank 42 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 79.93% in 2022, then declined by 0 bps to 79.63% in 2023, then slipped by 0 bps to 79.26% in 2024, then dropped by 0 bps to 79.16% in 2025, then gained by 0 bps to 79.37% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 79.37% in Q2 2026, 79.71% in Q1 2026, and 79.16% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 48.77% |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 76.92% |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 45.03% |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 48.28% |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 89.20% |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 66.61% |
| 10 | Docusign | 10.40 Bn | 9.58 Bn | 658.97 Mn | 79.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 79.37% |
| Jan 31, 2026 | 79.71% |
| Oct 31, 2025 | 79.16% |
| Jul 31, 2025 | 79.33% |
| Apr 30, 2025 | 79.41% |
| Jan 31, 2025 | 79.36% |
| Oct 31, 2024 | 79.26% |
| Jul 31, 2024 | 78.88% |
| Apr 30, 2024 | 78.94% |
| Jan 31, 2024 | 79.24% |
| Oct 31, 2023 | 79.63% |
| Jul 31, 2023 | 78.83% |
| Apr 30, 2023 | 79.36% |
| Jan 31, 2023 | 79.16% |
| Oct 31, 2022 | 79.93% |
| Jul 31, 2022 | 78.03% |
| Apr 30, 2022 | 77.51% |
| Jan 31, 2022 | 77.37% |
| Oct 31, 2021 | 78.74% |
| Jul 31, 2021 | 77.77% |