DocuSign, Inc. (DOCU) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 830.24M | 836.86M | 818.35M | 800.64M | 763.65M | 776.25M | 754.82M | 736.03M | 709.64M | 712.39M | 700.42M | 687.69M | 661.39M | 659.58M | 645.46M | 622.18M | 588.69M | 580.83M | 545.46M | 511.84M |
| Revenue Growth % | 8.72% | 7.81% | 8.42% | 8.78% | 7.61% | 8.97% | 7.77% | 7.03% | 7.3% | 8.01% | 8.51% | 10.53% | 12.35% | 13.56% | 18.33% | 21.56% | 25.5% | 34.79% | 42.45% | 49.57% |
| Cost of Goods Sold | 171.27M | 169.78M | 170.55M | 165.46M | 157.27M | 160.21M | 156.54M | 155.47M | 149.45M | 147.91M | 142.65M | 145.58M | 136.49M | 137.43M | 129.54M | 136.7M | 132.42M | 131.45M | 115.97M | 113.78M |
| COGS % of Revenue | 20.63% | 20.29% | 20.84% | 20.67% | 20.59% | 20.64% | 20.74% | 21.12% | 21.06% | 20.76% | 20.37% | 21.17% | 20.64% | 20.84% | 20.07% | 21.97% | 22.49% | 22.63% | 21.26% | 22.23% |
| Gross Profit | 658.97M | 667.08M | 647.8M | 635.17M | 606.38M | 616.04M | 598.28M | 580.56M | 560.19M | 564.48M | 557.78M | 542.11M | 524.9M | 522.15M | 515.92M | 485.48M | 456.28M | 449.37M | 429.49M | 398.06M |
| Gross Margin % | 79.37% | 79.71% | 79.16% | 79.33% | 79.41% | 79.36% | 79.26% | 78.88% | 78.94% | 79.24% | 79.63% | 78.83% | 79.36% | 79.16% | 79.93% | 78.03% | 77.51% | 77.37% | 78.74% | 77.77% |
| Gross Profit Growth % | 8.67% | 8.28% | 8.28% | 9.41% | 8.25% | 9.13% | 7.26% | 7.09% | 6.72% | 8.11% | 8.11% | 11.66% | 15.04% | 16.2% | 20.12% | 21.96% | 25.41% | 36.46% | 50.65% | 58.22% |
| Operating Expenses | 547.66M | 579.33M | 562.45M | 569.95M | 546.13M | 555.57M | 539.25M | 522.76M | 537.57M | 554.54M | 538.04M | 535.49M | 529.55M | 522.43M | 543.35M | 526.57M | 475.5M | 474.55M | 432.85M | 420.68M |
| OpEx % of Revenue | 65.96% | 69.23% | 68.73% | 71.19% | 71.52% | 71.57% | 71.44% | 71.02% | 75.75% | 77.84% | 76.82% | 77.87% | 80.07% | 79.21% | 84.18% | 84.63% | 80.77% | 81.7% | 79.35% | 82.19% |
| Selling, General & Admin | 388.07M | 411.05M | 394.82M | 400.32M | 386.68M | 400.11M | 388.15M | 374.59M | 374.12M | 402.93M | 400.69M | 398.72M | 385.42M | 396.29M | 399.34M | 400.04M | 363.27M | 363.86M | 330.24M | 326.02M |
| SG&A % of Revenue | 46.74% | 49.12% | 48.25% | 50% | 50.64% | 51.54% | 51.42% | 50.89% | 52.72% | 56.56% | 57.21% | 57.98% | 58.27% | 60.08% | 61.87% | 64.3% | 61.71% | 62.65% | 60.54% | 63.7% |
| Research & Development | 159.59M | 168.28M | 167.63M | 169.63M | 159.45M | 155.46M | 151.1M | 147.57M | 134.32M | 151.52M | 136.64M | 135.96M | 115.36M | 125.89M | 115.93M | 126.53M | 112.23M | 110.69M | 102.6M | 94.65M |
| R&D % of Revenue | 19.22% | 20.11% | 20.48% | 21.19% | 20.88% | 20.03% | 20.02% | 20.05% | 18.93% | 21.27% | 19.51% | 19.77% | 17.44% | 19.09% | 17.96% | 20.34% | 19.06% | 19.06% | 18.81% | 18.49% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 597K | 1000K | 88K | 710K | 811K | 1000K | 253K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 111.31M | 87.74M | 85.36M | 65.23M | 60.26M | 60.47M | 59.03M | 57.8M | 22.63M | 9.94M | 19.74M | 6.61M | -4.65M | -284K | -27.43M | -41.09M | -19.23M | -25.18M | -3.36M | -22.61M |
| Operating Margin % | 13.41% | 10.48% | 10.43% | 8.15% | 7.89% | 7.79% | 7.82% | 7.85% | 3.19% | 1.39% | 2.82% | 0.96% | -0.7% | -0.04% | -4.25% | -6.6% | -3.27% | -4.33% | -0.62% | -4.42% |
| Operating Income Growth % | 84.73% | 45.1% | 44.6% | 12.85% | 166.29% | 508.65% | 199.07% | 774.18% | 586.52% | 3598.24% | 171.96% | 116.09% | 75.81% | 98.87% | -716.89% | -81.73% | -79.06% | -1.13% | 93.07% | 61.44% |
| EBITDA | 118.31M | 102.14M | 184.13M | 162.76M | 90.62M | 89.18M | 86.6M | 84.82M | 47.13M | 33.57M | 43.06M | 31.85M | 18.22M | 22M | -5.9M | -19.95M | 2.08M | -4.43M | 16.81M | -1.65M |
| EBITDA Margin % | 14.25% | 12.2% | 22.5% | 20.33% | 11.87% | 11.49% | 11.47% | 11.52% | 6.64% | 4.71% | 6.15% | 4.63% | 2.75% | 3.33% | -0.91% | -3.21% | 0.35% | -0.76% | 3.08% | -0.32% |
| EBITDA Growth % | 30.55% | 14.53% | 112.62% | 91.88% | 92.27% | 165.66% | 101.1% | 166.32% | 158.75% | 52.62% | 829.99% | 259.67% | 777.88% | 596.73% | -135.1% | -1108.18% | -77.69% | 15.85% | 157.98% | 95.94% |
| D&A (Non-Cash Add-back) | 0 | 0 | 98.77M | 97.53M | 30.37M | 28.71M | 27.57M | 27.02M | 24.51M | 23.63M | 23.32M | 25.24M | 22.87M | 22.28M | 21.53M | 21.14M | 21.3M | 20.75M | 20.17M | 20.96M |
| EBIT | 118.31M | 102.14M | 96.18M | 77.29M | 74.27M | 68.29M | 72.04M | 72.43M | 36.74M | 31.45M | 37.41M | 24.07M | 7.59M | 4.25M | -26.61M | -40.09M | -19.23M | -27.8M | -3.36M | -23.67M |
| Net Interest Income | 6.45M | 13.81M | -654K | 11.23M | 13.54M | 7.42M | 12.54M | 14.09M | 13.96M | 19.81M | 16.1M | 15.86M | 10.28M | 5.71M | -636K | -629K | -6.3M | -4.24M | -2.42M | -475K |
| Interest Income | 7M | 14.39M | 0 | 12.06M | 14.01M | 7.82M | 13.01M | 14.63M | 14.11M | 21.52M | 17.67M | 17.45M | 12.24M | 7.37M | 820K | 1M | 0 | 0 | 0 | 1.19M |
| Interest Expense | 551K | 586K | 654K | 828K | 478K | 400K | 462K | 544K | 144K | 1.71M | 1.58M | 1.59M | 1.97M | 1.65M | 1.46M | 1.63M | 6.3M | 4.24M | 2.42M | 1.67M |
| Other Income/Expense | 6.45M | 13.81M | 10.17M | 11.23M | 13.54M | 7.42M | 12.54M | 14.09M | 13.96M | 19.81M | 16.1M | 15.86M | 10.28M | 5.71M | -636K | -629K | -6.3M | -4.24M | -2.42M | -2.73M |
| Pretax Income | 117.76M | 101.55M | 95.53M | 76.46M | 73.79M | 67.89M | 71.57M | 71.89M | 36.59M | 29.74M | 35.83M | 22.48M | 5.63M | 5.43M | -28.07M | -41.72M | -25.52M | -29.42M | -5.78M | -25.34M |
| Pretax Margin % | 14.18% | 12.13% | 11.67% | 9.55% | 9.66% | 8.75% | 9.48% | 9.77% | 5.16% | 4.17% | 5.12% | 3.27% | 0.85% | 0.82% | -4.35% | -6.71% | -4.34% | -5.06% | -1.06% | -4.95% |
| Income Tax | 39.56M | 11.25M | 11.8M | 13.49M | 1.7M | -15.6M | 9.15M | -816.32M | 2.83M | 2.5M | -2.97M | 15.08M | 5.09M | 567K | 1.8M | 3.36M | 1.85M | 1.03M | -107K | 158K |
| Effective Tax Rate % | 33.59% | 11.07% | 12.36% | 17.64% | 2.31% | -22.99% | 12.79% | -1135.57% | 7.74% | 8.41% | -8.29% | 67.1% | 90.42% | 10.44% | -6.41% | -8.05% | -7.24% | -3.5% | 1.85% | -0.62% |
| Net Income | 78.2M | 90.3M | 83.72M | 62.97M | 72.09M | 83.49M | 62.42M | 888.21M | 33.76M | 27.24M | 38.8M | 7.39M | 539K | 4.86M | -29.87M | -45.08M | -27.37M | -30.45M | -5.68M | -25.5M |
| Net Margin % | 9.42% | 10.79% | 10.23% | 7.87% | 9.44% | 10.76% | 8.27% | 120.68% | 4.76% | 3.82% | 5.54% | 1.08% | 0.08% | 0.74% | -4.63% | -7.25% | -4.65% | -5.24% | -1.04% | -4.98% |
| Net Income Growth % | 8.48% | 8.16% | 34.13% | -92.91% | 113.53% | 206.49% | 60.86% | 11910.97% | 6163.45% | 460.17% | 229.93% | 116.4% | 101.97% | 115.97% | -426.18% | -76.77% | -227.66% | 57.96% | 90.3% | 60.5% |
| Net Income (Continuing) | 78.2M | 90.3M | 83.72M | 62.97M | 72.09M | 83.49M | 62.42M | 888.21M | 33.76M | 27.24M | 38.8M | 7.39M | 539K | 4.86M | -29.87M | -45.08M | -27.37M | -30.45M | -5.68M | -25.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.40 | 0.44 | 0.40 | 0.30 | 0.34 | 0.39 | 0.30 | 4.26 | 0.16 | 0.13 | 0.19 | 0.04 | 0.00 | 0.02 | -0.15 | -0.22 | -0.14 | -0.15 | -0.03 | -0.13 |
| EPS Growth % | 17.65% | 12.82% | 33.33% | -92.96% | 112.5% | 200% | 57.89% | 10550% | - | 439.42% | 226.67% | 118.18% | 103.07% | 116.07% | -422.65% | -69.23% | -225.58% | 60.53% | 90.74% | 62.86% |
| EPS (Basic) | 0.40 | 0.45 | 0.41 | 0.31 | 0.35 | 0.41 | 0.31 | 4.34 | 0.16 | 0.13 | 0.19 | 0.04 | 0.00 | 0.02 | -0.15 | -0.22 | -0.14 | -0.15 | -0.03 | -0.13 |
| Diluted Shares Outstanding | 196.48M | 204.68M | 210.6M | 211.88M | 212.81M | 210.34M | 208.71M | 208.27M | 209.9M | 209.58M | 208.05M | 208.19M | 208.07M | 201.89M | 201.39M | 200.62M | 199.67M | 198.69M | 197.6M | 196M |
| Basic Shares Outstanding | 195.49M | 200.48M | 202.62M | 202.96M | 203.28M | 203.3M | 203.57M | 204.6M | 205.87M | 205.51M | 204.46M | 203.7M | 202.63M | 201.89M | 201.39M | 200.62M | 195.52M | 198.69M | 197.6M | 196M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |