Docusign (DOCU) Research & Development (2017 - 2026)
Docusign (DOCU) reported Research & Development of $163.58 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 3.6% from $169.63 million a year earlier but up 2.5% from the prior quarter.
Powered by 
Analysis
Docusign (DOCU) Research & Development (2017 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Docusign's Research & Development came in at $659.08 million, up 3.7% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $664.99 million, up 13.0% from FY2025.
- Research & Development has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 19.6% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $588.46 million in FY2025 (+9.1%), $539.49 million in FY2024 (+12.3%), $480.58 million in FY2023 (+22.2%) and $393.36 million in FY2022 (+44.9%).
- Five-year quarterly Research & Development spans a low of $102.6 million in fiscal Q3 2022 and a high of $169.63 million in fiscal Q2 2026.
- Year over year, Research & Development gained in seven of the last eight quarters, with growth averaging 7.8%.
- The high point for year-over-year Research & Development in five years was fiscal Q3 2022 (growth of 39.9%); the low point was fiscal Q2 2027 (a decline of 3.6%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $159.59 million (Q1 2027), $168.28 million (Q4 2026) and $167.63 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 2.40 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 23.10 Mn |
| 10 | Docusign | 12.60 Bn | 9.31 Bn | 697.87 Mn | 163.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 163.58 Mn |
| Apr 30, 2026 | 159.59 Mn |
| Jan 31, 2026 | 168.28 Mn |
| Oct 31, 2025 | 167.63 Mn |
| Jul 31, 2025 | 169.63 Mn |
| Apr 30, 2025 | 159.45 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 | 135.96 Mn |
| Apr 30, 2023 | 115.36 Mn |
| Jan 31, 2023 | 125.89 Mn |
| Oct 31, 2022 | 115.93 Mn |
| Jul 31, 2022 | 126.53 Mn |
| Apr 30, 2022 | 112.23 Mn |
| Jan 31, 2022 | 110.69 Mn |
| Oct 31, 2021 | 102.60 Mn |
API Access
Docusign Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=DOCU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DOCU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=DOCU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();