Docusign, Inc. income statement
In fiscal 2026, Docusign, Inc. reported revenue of $3.22bn, up 8.2% on the year before, operating income of $299m (a 9.3% margin) and net income of $309m, or $1.48 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Jan 2017 | 2018Jan 2018 | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 381 | 519 | 701 | 974 | 1,453 | 2,107 | 2,516 | 2,762 | 2,977 | 3,220 | 3,361 |
| Cost of revenue | 102 | 118 | 192 | 243 | 364 | 466 | 536 | 573 | 622 | 663 | 689 |
| Gross profit | 279 | 400 | 509 | 731 | 1,089 | 1,641 | 1,980 | 2,189 | 2,355 | 2,556 | 2,672 |
| Research and development | 90 | 92 | 186 | 186 | 272 | 393 | 481 | 539 | 588 | 665 | 659 |
| Selling and marketing | 241 | 278 | 540 | 591 | 799 | 1,077 | 1,243 | 1,168 | 1,161 | 1,204 | 1,212 |
| General and administrative | 64 | 82 | 209 | 147 | 193 | 233 | 316 | 420 | 376 | 389 | 398 |
| Operating income | −116 | −52 | −426 | −194 | −174 | −62 | −88 | 32 | 200 | 299 | 402 |
| Interest expense | 1 | 1 | 11 | 29 | 31 | 6 | 6 | 7 | 2 | 3 | 2 |
| Income before tax | −115 | −49 | −428 | −204 | −229 | −67 | −90 | 94 | 248 | 347 | 440 |
| Income tax | 0 | 3 | −2 | 5 | 14 | 3 | 8 | 20 | −820 | 38 | 110 |
| Net income | −115 | −52 | −426 | −208 | −243 | −70 | −97 | 74 | 1,068 | 309 | 330 |
| Diluted EPS | −$1.04 | −$0.41 | −$3.16 | −$1.18 | −$1.31 | −$0.36 | −$0.49 | $0.36 | $5.08 | $1.48 | $1.65 |
| Diluted shares (average) | 112m | 129m | 135m | 177m | 186m | 197m | 201m | 209m | 210m | 209m | 201m |
| EBITDA | −87 | −20 | −388 | −143 | −103 | 20 | −2 | 127 | 308 | 415 | 515 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 755 | 776 | 764 | 801 | 818 | 837 | 830 | 876 |
| Cost of revenue | 157 | 160 | 157 | 165 | 171 | 170 | 171 | 178 |
| Gross profit | 598 | 616 | 606 | 635 | 648 | 667 | 659 | 698 |
| Research and development | 151 | 155 | 159 | 170 | 168 | 168 | 160 | 164 |
| Selling and marketing | 291 | 301 | 296 | 305 | 297 | 306 | 296 | 314 |
| General and administrative | 98 | 99 | 90 | 95 | 98 | 106 | 92 | 103 |
| Operating income | 59 | 60 | 60 | 65 | 85 | 88 | 111 | 118 |
| Interest expense | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 72 | 68 | 74 | 76 | 96 | 102 | 118 | 125 |
| Income tax | 9 | −16 | 2 | 13 | 12 | 11 | 40 | 47 |
| Net income | 62 | 83 | 72 | 63 | 84 | 90 | 78 | 78 |
| Diluted EPS | $0.30 | $0.39 | $0.34 | $0.30 | $0.40 | $0.44 | $0.40 | $0.40 |
| EBITDA | 80 | 89 | 91 | 89 | 111 | 114 | 144 | 147 |
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