Docusign (DOCU) Operating Expenses (2017 - 2026)
Docusign (DOCU) posted quarterly Operating Expenses of $547.7 million for Q2 2026, little changed year-over-year from $546.1 million in Q2 2025, and down 5.47% quarter-over-quarter from $579.3 million in Q1 2026.
Docusign (DOCU) Operating Expenses (2017 - 2026) Analysis & Trends
Docusign (DOCU) has reported Operating Expenses for 10 consecutive years, with $547.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses changed 0.28% year-over-year to $547.7 million; the TTM figure through Apr 2026 stood at $2.3 billion (up 4.42% YoY), while the FY2026 annual figure was $2.3 billion, up 4.77% from the prior year.
- Operating Expenses declined to $547.7 million in Q2 2026 per DOCU's latest filing, from $579.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $579.3 million in Q1 2026 and bottomed at $474.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $536.7 million across 5 years, with a median of $538.6 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 33.97% — and 2024, when it dropped 2.38%.
- Docusign's Operating Expenses stood at $543.4 million in 2022, then slipped by 0.98% to $538.0 million in 2023, then rose by 0.23% to $539.3 million in 2024, then increased by 4.3% to $562.4 million in 2025, then decreased by 2.63% to $547.7 million in 2026.
- Business Quant data shows DOCU's Operating Expenses at $547.7 million in Q2 2026, $579.3 million in Q1 2026, and $562.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Docusign | 11.98 Bn | 11.16 Bn | 658.97 Mn | 547.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 547.66 Mn |
| Jan 31, 2026 | 579.33 Mn |
| Oct 31, 2025 | 562.45 Mn |
| Jul 31, 2025 | 569.95 Mn |
| Apr 30, 2025 | 546.13 Mn |
| Jan 31, 2025 | 555.57 Mn |
| Oct 31, 2024 | 539.25 Mn |
| Jul 31, 2024 | 522.76 Mn |
| Apr 30, 2024 | 537.57 Mn |
| Jan 31, 2024 | 554.54 Mn |
| Oct 31, 2023 | 538.04 Mn |
| Jul 31, 2023 | 535.49 Mn |
| Apr 30, 2023 | 529.55 Mn |
| Jan 31, 2023 | 522.43 Mn |
| Oct 31, 2022 | 543.35 Mn |
| Jul 31, 2022 | 526.57 Mn |
| Apr 30, 2022 | 475.50 Mn |
| Jan 31, 2022 | 474.55 Mn |
| Oct 31, 2021 | 432.85 Mn |
| Jul 31, 2021 | 420.68 Mn |