Docusign Inc.

DOCU Technology Software Application

Docusign Inc.’s revenue for fiscal 2026 (year ended January 2026) was $3.2 billion, up 8.16% from fiscal 2025.

Revenue
+9.38%
EPS
+32.3%
Free cash flow
+35.9%

Quarter to July 2026, against a year earlier

77.22 1.70 −2.15%
Market cap
$14.8B
P/E
47.3×
Fwd P/E
45.2×
Dividend yield
—
F-score
6/9
Altman Z
2.98
Beneish M
−3.25
Dividend safety
n/a

Docusign Inc. (DOCU) Free cash flow margin

Alert me on Free cash flow margin

Docusign Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 35.7%, up 2.8 percentage points from fiscal 2026 (32.9%). Over the past ten years it has ranged from −12.6% (fiscal 2017) to 32.9% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

Embed this chart

Annual newest first

Period Free cash flow margin Change (points)
FY2026 32.9% 1.96
FY2025 30.9% (1.20)
FY2024 32.1% 15.06
FY2023 17.1% (4.06)
FY2022 21.1% 6.35
FY2021 14.8% 10.29
FY2020 4.48% (2.04)
FY2019 6.52% (0.43)
FY2018 6.95% 19.56
FY2017 −12.6% —

Against its own ten years

Low −12.6% High 32.9%
Ten-year median 15.9%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
FICO Fair Isaac Corporation compare 40.1%
DOCU Docusign Inc. 35.7%
MANH Manhattan Associates, Inc. compare 32.8%
BSY Bentley Systems, Incorporated compare 29.7%
TYL Tyler Technologies, Inc. compare 29.6%
DT Dynatrace, Inc. compare 26.5%
GWRE Guidewire Software, Inc. compare 24.3%
SSNC SS&C Technologies Holdings, Inc. compare 23.2%
GRAB Grab Holdings Limited compare −0.05%
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on DOCU