Docusign (DOCU) Research & Development (2017 - 2026)
Docusign (DOCU) posted quarterly Research & Development of $159.6 million for Q2 2026, down 46.16% year-over-year from $296.4 million in Q2 2025, and down 5.17% quarter-over-quarter from $168.3 million in Q1 2026.
Docusign (DOCU) Research & Development (2017 - 2026) Analysis & Trends
Docusign (DOCU) has reported Research & Development for 10 consecutive years, with $159.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development fell 46.16% year-over-year to $159.6 million; the TTM figure through Apr 2026 stood at $800.9 million (up 6.71% YoY), while the FY2026 annual figure was $665.0 million, up 13.01% from the prior year.
- Research & Development retreated to $159.6 million in Q2 2026 per DOCU's latest filing, from $168.3 million in the prior quarter.
- Across five years, Research & Development topped out at $323.6 million in Q3 2022 and bottomed at -$383.7 million in Q1 2022.
- Historically, Research & Development has averaged $148.8 million across 5 years, with a median of $151.3 million in 2024.
- On a YoY basis, Research & Development climbed as much as 241.87% in 2022 and fell as far as 272.94% in 2022.
- Docusign's Research & Development stood at $115.9 million in 2022, then gained by 17.86% to $136.6 million in 2023, then gained by 10.58% to $151.1 million in 2024, then rose by 10.94% to $167.6 million in 2025, then declined by 4.8% to $159.6 million in 2026.
- Business Quant data shows DOCU's Research & Development at $159.6 million in Q2 2026, $168.3 million in Q1 2026, and $167.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Docusign | 11.98 Bn | 11.16 Bn | 658.97 Mn | 159.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 159.59 Mn |
| Jan 31, 2026 | 168.28 Mn |
| Oct 31, 2025 | 167.63 Mn |
| Jul 31, 2025 | 305.45 Mn |
| Apr 30, 2025 | 296.41 Mn |
| Jan 31, 2025 | 155.46 Mn |
| Oct 31, 2024 | 151.10 Mn |
| Jul 31, 2024 | 147.57 Mn |
| Apr 30, 2024 | 134.32 Mn |
| Jan 31, 2024 | 151.52 Mn |
| Oct 31, 2023 | 136.64 Mn |
| Jul 31, 2023 | 294.84 Mn |
| Apr 30, 2023 | 115.36 Mn |
| Jan 31, 2023 | 125.89 Mn |
| Oct 31, 2022 | 115.93 Mn |
| Jul 31, 2022 | 323.58 Mn |
| Apr 30, 2022 | 112.23 Mn |
| Jan 31, 2022 | -383.75 Mn |
| Oct 31, 2021 | 102.60 Mn |
| Jul 31, 2021 | 94.65 Mn |