Docusign reported a gross margin of 79.69% and a net margin of 8.87% for the quarter ended Jul 2026. These financial ratios cover 38 quarters of results from Apr 2017 through Jul 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Apr2017 | Jul2017 | Oct2017 | Jan2018 | Apr2018 | Jul2018 | Oct2018 | Jan2019 | Apr2019 | Jul2019 | Oct2019 | Jan2020 | Apr2020 | Jul2020 | Oct2020 | Jan2021 | Apr2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Jan2024 | Apr2024 | Jul2024 | Oct2024 | Jan2025 | Apr2025 | Jul2025 | Oct2025 | Jan2026 | Apr2026 | Jul2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||||||
| Gross Margin | 78.74% | 77.37% | 77.51% | 78.03% | 79.93% | 79.16% | 79.36% | 78.83% | 79.63% | 79.24% | 78.94% | 78.88% | 79.26% | 79.36% | 79.41% | 79.33% | 79.16% | 79.71% | 79.37% | 79.69% | ||||||||||||||||||
| EBT Margin | -1.06% | -5.06% | -4.34% | -6.71% | -4.35% | 0.82% | 0.85% | 3.27% | 5.12% | 4.17% | 5.16% | 9.77% | 9.48% | 8.75% | 9.66% | 9.55% | 11.67% | 12.13% | 14.18% | 14.27% | ||||||||||||||||||
| EBIT Margin | -0.62% | -4.33% | -3.27% | -6.60% | -4.25% | -0.04% | -0.70% | 0.96% | 2.82% | 1.39% | 3.19% | 7.85% | 7.82% | 7.79% | 7.89% | 8.15% | 10.43% | 10.48% | 13.41% | 13.43% | ||||||||||||||||||
| EBITDA Margin | -0.62% | -4.33% | -3.27% | -6.60% | -4.25% | -0.04% | -0.70% | 0.96% | 2.82% | 1.39% | 3.19% | 7.85% | 7.82% | 7.79% | 7.89% | 8.15% | 10.43% | 10.48% | 13.41% | 13.43% | ||||||||||||||||||
| Operating Margin | -0.62% | -4.33% | -3.27% | -6.60% | -4.25% | -0.04% | -0.70% | 0.96% | 2.82% | 1.39% | 3.19% | 7.85% | 7.82% | 7.79% | 7.89% | 8.15% | 10.43% | 10.48% | 13.41% | 13.43% | ||||||||||||||||||
| Net Margin | -1.04% | -5.24% | -4.65% | -7.25% | -4.63% | 0.74% | 0.08% | 1.07% | 5.54% | 3.82% | 4.76% | 120.68% | 8.26% | 10.76% | 9.44% | 7.86% | 10.23% | 10.79% | 9.41% | 8.87% | ||||||||||||||||||
| FCF Margin | 16.50% | 12.11% | 29.66% | 16.95% | 5.59% | 17.13% | 32.44% | 26.70% | 34.31% | 34.89% | 32.70% | 26.89% | 27.92% | 36.02% | 29.83% | 27.18% | 32.13% | 41.85% | 34.86% | 33.77% | ||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 2.38B | 2.48B | 2.56B | 2.62B | 2.70B | 2.87B | 3.07B | 3.20B | 3.30B | 3.15B | 2.95B | 3.34B | 3.76B | 3.89B | 3.98B | 3.95B | 3.97B | 4.11B | 4.11B | 3.97B | ||||||||||||||||||
| Equity AverageEquity Avg. | 0.23B | 0.26B | 0.31B | 0.38B | 0.44B | 0.54B | 0.68B | 0.80B | 0.91B | 1.05B | 1.13B | 1.55B | 1.98B | 2.00B | 2.01B | 2.00B | 1.98B | 1.95B | 1.87B | 1.77B | ||||||||||||||||||
| Invested CapitalInvested Cap. | 0.25B | 0.28B | 0.35B | 0.51B | 1.34B | 1.47B | 1.57B | 1.65B | 1.13B | |||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.82 | 0.85 | 0.87 | 0.89 | 0.90 | 0.88 | 0.84 | 0.83 | 0.82 | 0.88 | 0.95 | 0.86 | 0.77 | 0.76 | 0.76 | 0.78 | 0.80 | 0.78 | 0.80 | 0.85 | ||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -2.26 | -15.57 | -11.66 | -25.18 | -18.84 | -0.17 | -2.37 | 4.15 | 12.52 | 5.81 | 157.14 | 106.25 | 127.77 | 151.17 | 126.06 | 78.78 | 130.51 | 149.73 | 202.01 | 206.72 | ||||||||||||||||||
| Debt Ratio | 0.00 | 0.00 | 0.01 | 0.24 | 0.23 | 0.22 | 0.21 | |||||||||||||||||||||||||||||||
| Times Interest Earned | -2.26 | -15.57 | -11.66 | -25.18 | -18.84 | -0.17 | -2.37 | 4.15 | 12.52 | 5.81 | 157.14 | 106.25 | 127.77 | 151.17 | 126.06 | 78.78 | 130.51 | 149.73 | 202.01 | 206.72 | ||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 153.65 | 169.08 | 108.07 | 11.36 | 13.85 | 18.34 | 14.93 | 54.15 | 48.47 | 33.62 | 28.17 | 31.28 | ||||||||||||||||||||||||||
| Price to SalesP/S | 28.12 | 11.87 | 7.27 | 5.50 | 3.98 | 4.87 | 3.86 | 4.12 | 2.93 | 4.53 | 4.12 | 3.93 | 4.81 | 6.58 | 5.45 | 4.91 | 4.64 | 3.23 | 2.70 | 3.07 | ||||||||||||||||||
| Price to BookP/B | 229.72 | 90.77 | 46.41 | 31.55 | 20.73 | 19.83 | 13.35 | 12.90 | 8.22 | 11.07 | 10.19 | 5.72 | 7.04 | 9.78 | 8.20 | 7.65 | 7.39 | 5.42 | 4.88 | 6.00 | ||||||||||||||||||
| Enterprise Value | 54.21B | 24.20B | 15.23B | 11.85B | 8.74B | 11.21B | 8.71B | 9.49B | 6.34B | 11.46B | 10.50B | 10.29B | 13.07B | 19.26B | 15.57B | 14.95B | 13.81B | 9.52B | 8.06B | 9.54B | ||||||||||||||||||
| EV to EBIT | 295.97 | 362.36 | 178.22 | 93.41 | 87.50 | 96.33 | 65.53 | 61.03 | 50.90 | 31.90 | 23.07 | 23.73 | ||||||||||||||||||||||||||
| EV to EBITDA | 295.97 | 362.36 | 178.22 | 93.41 | 87.50 | 96.33 | 65.53 | 61.03 | 50.90 | 31.90 | 23.07 | 23.73 | ||||||||||||||||||||||||||
| Market Capitalization | 55.03B | 25.01B | 16.19B | 12.85B | 9.71B | 12.24B | 10.00B | 10.94B | 7.93B | 12.51B | 11.59B | 11.22B | 14.01B | 19.59B | 16.52B | 15.21B | 14.65B | 10.39B | 8.88B | 10.32B | ||||||||||||||||||
| Price to FCFP/FCF | 131.43 | 56.19 | 32.61 | 29.17 | 25.13 | 28.53 | 21.33 | 19.98 | 10.55 | 14.10 | 12.81 | 12.21 | 15.76 | 21.28 | 18.03 | 16.26 | 14.83 | 9.82 | 7.93 | 8.61 | ||||||||||||||||||
| EV to FCF | 129.47 | 54.38 | 30.66 | 26.91 | 22.61 | 26.13 | 18.57 | 17.34 | 8.43 | 12.92 | 11.61 | 11.19 | 14.70 | 20.93 | 16.99 | 15.98 | 13.98 | 9.00 | 7.20 | 7.96 | ||||||||||||||||||
| EV to CFO | 112.73 | 47.79 | 26.85 | 23.22 | 19.10 | 22.12 | 16.01 | 14.97 | 7.49 | 11.70 | 10.49 | 10.18 | 13.34 | 18.93 | 15.35 | 14.38 | 12.60 | 8.18 | 6.53 | 7.21 | ||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -0.62% | -4.33% | -3.27% | -6.60% | -4.25% | -0.04% | -0.70% | 0.96% | 2.82% | 1.39% | 3.19% | 7.85% | 7.82% | 7.79% | 7.89% | 8.15% | 10.43% | 10.48% | 13.41% | 13.43% | ||||||||||||||||||
| Return on Capital Employed [ROCE]ROCE | -5.49% | -5.60% | -5.80% | -7.29% | -9.03% | -13.26% | -8.39% | -2.67% | 1.92% | 2.12% | 4.38% | 6.35% | 6.91% | 9.71% | 10.61% | 11.28% | 12.43% | 14.45% | 15.76% | 20.11% | ||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | -26.50% | -23.50% | -22.54% | -9.54% | -5.22% | 0.00% | 0.99% | 1.79% | ||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | -4.70% | -2.83% | -3.48% | -4.14% | -4.92% | -3.39% | -2.27% | -0.53% | 1.56% | 2.35% | 3.64% | 29.58% | 26.89% | 27.44% | 27.79% | 7.11% | 7.62% | 7.53% | 7.67% | 8.30% | ||||||||||||||||||
| Return on Equity [ROE]ROE | -49.62% | -27.19% | -28.52% | -28.73% | -30.33% | -17.96% | -10.18% | -2.14% | 5.69% | 7.06% | 9.46% | 63.78% | 51.21% | 53.50% | 55.07% | 14.04% | 15.23% | 15.85% | 16.86% | 18.65% |