DocuSign Inc. (DOCU) financial statements: income statement, balance sheet and cash flow
DocuSign Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 31, 2026 · FY), DocuSign Inc. reported revenue of $3.2B (+8.2% year on year) and net income of $309.1M (-71.1% year on year).
Income statement
DocuSign Inc. income statement, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Total revenue
$3.2B
$3.0B
$2.8B
$2.5B
Total cost of revenue
$663.1M
$621.7M
$572.6M
$536.1M
Gross profit
$2.6B
$2.4B
$2.2B
$2.0B
Sales and marketing
$1.2B
$1.2B
$1.2B
$1.2B
Research and development
$665.0M
$588.5M
$539.5M
$480.6M
General and administrative
$389.0M
$376.0M
$419.6M
$316.2M
Restructuring and other related charges
$0
$29.7M
$30.4M
$28.3M
Total operating expenses
$2.3B
$2.2B
$2.2B
$2.1B
Income from operations
$298.6M
$199.9M
$31.6M
($88.0M)
Interest expense
($2.5M)
($1.6M)
($6.8M)
($6.4M)
Interest income and other income, net
$51.3M
$49.6M
$68.9M
$4.5M
Income before provision for (benefit from) income taxes
$347.3M
$247.9M
$93.7M
($89.9M)
Provision for (benefit from) income taxes
$38.2M
($819.9M)
$19.7M
$7.6M
Net income
$309.1M
$1.1B
$74.0M
($97.5M)
Basic (in usd per share)
$1.53
$5.23
$0.36
-$0.49
Diluted (in usd per share)
$1.48
$5.08
$0.36
-$0.49
Basic (in shares)
202.1M
204.3M
204.1M
200.9M
Diluted (in shares)
209.1M
210.3M
208.9M
200.9M
Foreign currency translation gains (losses), net of tax
$24.1M
($9.7M)
($254.0K)
($15.3M)
Unrealized gains on investments, net of tax
$592.0K
$635.0K
$3.9M
($2.9M)
Other comprehensive income (loss)
$24.7M
($9.0M)
$3.6M
($18.2M)
Comprehensive income
$333.7M
$1.1B
$77.6M
($115.6M)
Stock-based compensation expense
$622.3M
$610.3M
$616.8M
$538.7M
DocuSign Inc. income statement, quarters
Line item
Jul 31, 2026 · Q2
Apr 30, 2026 · Q1
Oct 31, 2025 · Q3
Jul 31, 2025 · Q2
Revenue
$875.7M
$830.2M
$818.4M
$800.6M
Cost of revenue
$177.9M
$171.3M
$170.5M
$165.5M
Gross profit
$697.9M
$659.0M
$647.8M
$635.2M
Sales and marketing
$314.0M
$296.2M
$296.5M
$305.4M
Research and development
$163.6M
$159.6M
$167.6M
$169.6M
General and administrative
$102.7M
$91.9M
$98.3M
$94.9M
Total operating expenses
$580.3M
$547.7M
$562.4M
$569.9M
Income from operations
$117.6M
$111.3M
$85.4M
$65.2M
Interest expense
($569.0K)
($551.0K)
($654.0K)
($828.0K)
Interest income and other income, net
$7.9M
$7.0M
$10.8M
$12.1M
Income before provision for income taxes
$125.0M
$117.8M
$95.5M
$76.5M
Provision for income taxes
$47.3M
$39.6M
$11.8M
$13.5M
Net income
$77.7M
$78.2M
$83.7M
$63.0M
Basic (in usd per share)
$0.41
$0.40
$0.41
$0.31
Diluted (in usd per share)
$0.40
$0.40
$0.40
$0.30
Basic (in shares)
191.3M
195.5M
202.0M
202.6M
Diluted (in shares)
193.1M
196.5M
208.1M
211.0M
Foreign currency translation gain (loss), net of tax
($3.2M)
$1.1M
$3.2M
$2.7M
Unrealized losses on investments, net of tax
($656.0K)
($1.3M)
$854.0K
($645.0K)
Other comprehensive income (loss)
($3.9M)
($248.0K)
$4.0M
$2.1M
Comprehensive income
$73.8M
$77.9M
$87.8M
$65.1M
Balance sheet
DocuSign Inc. balance sheet, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Cash and cash equivalents
$602.4M
$648.6M
$797.1M
$721.9M
Investments—current
$264.1M
$314.9M
$248.4M
$309.8M
Accounts receivable, net of allowance for doubtful accounts of $9,916 and $8,828 as of January 31, 2026 and 2025
$516.4M
$429.6M
$439.3M
$516.9M
Contract assets—current
$10.8M
$13.8M
$15.9M
$12.4M
Prepaid expenses and other current assets
$97.1M
$82.4M
$67.0M
$70.0M
Total current assets
$1.5B
$1.5B
$1.6B
$1.6B
Investments—noncurrent
$208.4M
$134.1M
$122.0M
$186.0M
Property and equipment, net
$361.8M
$299.4M
$245.2M
$199.9M
Operating lease right-of-use assets
$165.6M
$109.6M
$123.2M
$141.5M
Goodwill
$458.4M
$454.5M
$353.1M
$353.6M
Intangible assets, net
$61.4M
$76.4M
$50.9M
$70.3M
Deferred contract acquisition costs—noncurrent
$474.6M
$467.2M
$409.6M
$350.9M
Deferred tax assets—noncurrent
$835.2M
$840.5M
—
—
Other assets—noncurrent
$173.2M
$141.8M
$99.6M
$79.5M
Total assets
$4.2B
$4.0B
$3.0B
$3.0B
Accounts payable
$17.4M
$30.7M
$19.0M
$24.4M
Accrued expenses and other current liabilities
$113.4M
$99.6M
$104.0M
$101.0M
Accrued compensation
$260.8M
$227.1M
$195.3M
$163.1M
Contract liabilities—current
$1.6B
$1.5B
$1.3B
$1.2B
Operating lease liabilities—current
$16.6M
$19.1M
$22.2M
$24.1M
Total current liabilities
$2.0B
$1.8B
$1.7B
$2.2B
Contract liabilities—noncurrent
$30.0M
$21.5M
$22.0M
$16.9M
Operating lease liabilities—noncurrent
$168.5M
$105.3M
$120.8M
$141.3M
Deferred tax liability—noncurrent
$21.5M
$20.6M
$16.8M
$10.7M
Other liabilities—noncurrent
$52.4M
$30.6M
$21.3M
$18.1M
Total liabilities
$2.3B
$2.0B
$1.8B
$2.4B
Preferred stock, $0.0001 par value; 10,000 shares authorized, 0 shares issued and outstanding as of January 31, 2026 and 2025
0
0
0
—
Common stock, $0.0001 par value; 500,000 shares authorized, 197,765 shares issued and outstanding as of January 31, 2026; 500,000 shares authorized, 202,507 shares issued, 202,477 shares outstanding as of January 31, 2025
20.0K
20.0K
21.0K
—
Treasury stock, at cost: 0 shares as of January 31, 2026; 30 shares as of January 31, 2025
0
-2.9M
-2.2M
-1.8M
Additional paid-in capital
$3.8B
$3.3B
$2.8B
$2.2B
Accumulated other comprehensive loss
($3.7M)
($28.4M)
($19.4M)
($23.0M)
Accumulated deficit
($1.9B)
($1.3B)
($1.7B)
($1.6B)
Total stockholders’ equity
$1.9B
$2.0B
$1.1B
$617.3M
Total liabilities and equity
$4.2B
$4.0B
$3.0B
$3.0B
DocuSign Inc. balance sheet, quarters
Line item
Jul 31, 2026
Apr 30, 2026
Oct 31, 2025
Jul 31, 2025
Cash and cash equivalents
$528.2M
$548.0M
$583.3M
$600.0M
Investments—current
$249.5M
$266.2M
$256.6M
$244.5M
Accounts receivable, net of allowance for doubtful accounts of $8,501 and $9,916 as of July 31, 2026 and January 31, 2026
$370.5M
$300.7M
$355.0M
$356.9M
Contract assets—current
$7.6M
$8.0M
$9.0M
$9.9M
Prepaid expenses and other current assets
$113.1M
$132.7M
$103.3M
$107.8M
Total current assets
$1.3B
$1.3B
$1.3B
$1.3B
Investments—noncurrent
$195.4M
$209.9M
$208.5M
$208.9M
Property and equipment, net
$420.0M
$387.9M
$343.6M
$328.0M
Operating lease right-of-use assets
$155.1M
$160.1M
$133.2M
$110.0M
Goodwill
$458.4M
$459.1M
$457.2M
$456.4M
Intangible assets, net
$51.9M
$56.7M
$60.8M
$64.6M
Deferred contract acquisition costs—noncurrent
$468.8M
$468.5M
$462.6M
$462.9M
Deferred tax assets—noncurrent
$764.3M
$805.1M
$838.7M
$836.6M
Other assets—noncurrent
$177.9M
$181.1M
$170.2M
$163.6M
Total assets
$4.0B
$4.0B
$4.0B
$3.9B
Accounts payable
$21.9M
$24.0M
$22.5M
$10.6M
Accrued expenses and other current liabilities
$121.0M
$108.0M
$119.8M
$100.6M
Accrued compensation
$239.0M
$175.6M
$181.0M
$208.0M
Contract liabilities—current
$1.6B
$1.6B
$1.4B
$1.4B
Operating lease liabilities—current
$15.5M
$16.1M
$15.8M
$21.2M
Total current liabilities
$2.0B
$1.9B
$1.8B
$1.8B
Contract liabilities—noncurrent
$28.8M
$29.7M
$28.0M
$27.4M
Operating lease liabilities—noncurrent
$167.6M
$167.3M
$134.5M
$105.8M
Deferred tax liability—noncurrent
$21.0M
$24.2M
$18.5M
$19.1M
Other liabilities—noncurrent
$51.9M
$54.5M
$35.7M
$33.3M
Total liabilities
$2.2B
$2.2B
$2.0B
$2.0B
Preferred stock, $0.0001 par value; 10,000 shares authorized, 0 shares issued and outstanding as of July 31, 2026 and January 31, 2026
0
0
0
0
Common stock, $0.0001 par value; 500,000 shares authorized, 188,176 shares issued and outstanding as of July 31, 2026; 500,000 shares authorized, 197,765 shares issued and outstanding as of January 31, 2026
19.0K
19.0K
20.0K
20.0K
Additional paid-in capital
$4.1B
$3.9B
$3.7B
$3.5B
Accumulated other comprehensive loss
($7.8M)
($4.0M)
($12.0M)
($16.1M)
Accumulated deficit
($2.3B)
($2.1B)
($1.7B)
($1.5B)
Total stockholders’ equity
$1.7B
$1.8B
$2.0B
$2.0B
Total liabilities and equity
$4.0B
$4.0B
$4.0B
$3.9B
Cash flow statement
DocuSign Inc. cash flow statement, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Net income
$309.1M
$1.1B
$74.0M
($97.5M)
Depreciation and amortization
$116.1M
$107.8M
$95.1M
$86.3M
Amortization of deferred contract acquisition and fulfillment costs
$271.1M
$237.2M
$200.2M
$185.0M
Amortization of debt discount and transaction costs
$775.0K
$554.0K
$4.7M
$5.0M
Non-cash operating lease costs
$18.9M
$19.1M
$21.3M
$27.5M
Stock-based compensation expense
$622.3M
$610.3M
$616.8M
$538.7M
Deferred income taxes
$4.7M
($840.0M)
$6.3M
$1.7M
Other
$3.0M
$6.1M
($1.9M)
$15.7M
Accounts receivable
($91.7M)
$2.1M
$71.7M
($76.0M)
Prepaid expenses and other current assets
($15.2M)
($17.6M)
($657.0K)
($5.0M)
Deferred contract acquisition and fulfillment costs
($271.5M)
($302.2M)
($255.2M)
($232.3M)
Other assets
($1.9M)
($22.0M)
($15.4M)
($22.3M)
Accounts payable
($15.1M)
$7.6M
($4.8M)
($26.4M)
Accrued expenses and other liabilities
$26.3M
$2.9M
$6.5M
$7.3M
Accrued compensation
$29.5M
$29.2M
$34.0M
($1.8M)
Contract liabilities
$177.2M
$129.9M
$152.2M
$143.2M
Operating lease liabilities
($18.3M)
($21.6M)
($25.3M)
($42.4M)
Net cash provided by operating activities
$1.2B
$1.0B
$979.5M
$506.8M
Cash paid for acquisition, net of acquired cash
$0
($143.6M)
$0
$0
Purchases of marketable securities
($409.6M)
($411.2M)
($336.2M)
($533.7M)
Maturities of marketable securities
$390.0M
$340.3M
$473.9M
$423.9M
Purchases of strategic and other investments
($726.0K)
($1.4M)
($645.0K)
($3.8M)
Purchases of property and equipment
($106.4M)
($97.0M)
($92.4M)
($77.7M)
Net cash provided by (used in) investing activities
($126.8M)
($312.9M)
$44.6M
($191.2M)
Repayments of convertible senior notes
$0
$0
($727.0M)
($16.0K)
Payment of revolving credit facility costs
($3.1M)
—
—
$0
Repurchases of common stock
($869.1M)
($683.5M)
($145.5M)
($63.0M)
Settlement of capped calls, net of related costs
$0
$0
$23.7M
—
Payment of tax withholding obligation on net RSU settlement and ESPP purchase
($269.7M)
($213.3M)
($144.2M)
($84.4M)
Proceeds from exercise of stock options
$1.3M
$22.7M
$14.0M
$12.7M
Proceeds from employee stock purchase plan
$40.8M
$35.3M
$33.0M
$36.5M
Net cash used in financing activities
($1.1B)
($838.8M)
($946.0M)
($98.3M)
Effect of foreign exchange on cash, cash equivalents and restricted cash
$20.3M
($7.5M)
$199.0K
($3.8M)
Net increase (decrease) in cash, cash equivalents and restricted cash
($41.4M)
($141.9M)
$78.3M
$213.5M
Cash, cash equivalents and restricted cash at beginning of period
$659.6M
$801.5M
$723.2M
$509.7M
Cash, cash equivalents and restricted cash at end of period
$618.1M
$659.6M
$801.5M
$723.2M
Cash paid for interest
$0
$0
$185.0K
$185.0K
Cash paid for operating lease liabilities
$27.4M
$26.5M
$34.8M
$38.9M
Cash paid for income taxes
$12.9M
$24.3M
$10.5M
$10.4M
Property and equipment in accounts payable and accrued expenses and other current liabilities
$3.3M
$5.7M
$2.9M
$4.8M
Operating lease right-of-use assets exchanged for lease obligations
$74.1M
$5.6M
$3.1M
$63.1M
Excise tax payable on net stock repurchase
$3.2M
$1.5M
—
—
Repurchases of common stock in accrued expenses and other current liabilities
$4.0M
—
—
—
DocuSign Inc. cash flow statement, quarters
Line item
Jul 31, 2026 · YTD
Apr 30, 2026 · Q1
Oct 31, 2025 · YTD
Jul 31, 2025 · YTD
Net income
$155.9M
$78.2M
$218.8M
$135.1M
Depreciation and amortization
$66.0M
$32.2M
$89.6M
$59.2M
Amortization of deferred contract acquisition and fulfillment costs
$137.0M
$67.4M
$203.5M
$135.1M
Non-cash operating lease costs
$9.8M
$4.9M
$14.2M
$9.4M
Stock-based compensation expense
$290.0M
$141.4M
$466.8M
$306.1M
Deferred income taxes
$70.8M
$33.0M
($815.0K)
$1.5M
Other
$3.9M
$1.9M
$2.1M
$1.5M
Accounts receivable
$142.8M
$214.4M
$71.0M
$70.3M
Prepaid expenses and other current assets
($16.8M)
($31.8M)
($20.1M)
($23.0M)
Deferred contract acquisition and fulfillment costs
($132.7M)
($65.5M)
($195.3M)
($128.0M)
Other assets
$7.7M
$2.3M
($301.0K)
($1.3M)
Accounts payable
($444.0K)
$3.2M
($8.3M)
($20.8M)
Accrued expenses and other liabilities
$1.9M
($5.5M)
$24.0M
$4.8M
Accrued compensation
($24.5M)
($88.4M)
($53.0M)
($24.2M)
Contract liabilities
($55.1M)
($65.6M)
($9.7M)
($18.3M)
Operating lease liabilities
$10.0K
($507.0K)
($15.4M)
($10.4M)
Net cash provided by operating activities
$656.2M
$321.7M
$787.8M
$497.5M
Purchases of marketable securities
($155.3M)
($97.4M)
($321.6M)
($212.2M)
Maturities of marketable securities
$182.0M
$93.0M
$308.5M
$209.0M
Purchases of strategic and other investments
($2.8M)
($2.6M)
($562.0K)
($100.0K)
Proceeds from strategic and other investments
$1.0M
—
—
—
Purchases of property and equipment
($71.0M)
($32.3M)
($79.4M)
($52.0M)
Net cash used in investing activities
($46.1M)
($39.2M)
($93.1M)
($55.4M)
Payment of revolving credit facility costs
$0
—
($3.1M)
($3.1M)
Repurchases of common stock
($624.0M)
($317.5M)
($600.0M)
($384.9M)
Payment of tax withholding obligation on net RSU settlement and ESPP purchase
($78.1M)
($39.5M)
($206.2M)
($132.0M)
Proceeds from exercise of stock options
$53.0K
$53.0K
$1.3M
$1.2M
Proceeds from employee stock purchase plan
$22.8M
$22.8M
$40.8M
$22.0M
Other
($220.0K)
($220.0K)
—
—
Net cash used in financing activities
($679.5M)
($334.4M)
($767.3M)
($496.9M)
Effect of foreign exchange on cash, cash equivalents and restricted cash
($3.2M)
($481.0K)
$13.4M
$11.5M
Net decrease in cash, cash equivalents and restricted cash
($72.6M)
($52.5M)
($59.3M)
($43.3M)
Cash, cash equivalents and restricted cash at beginning of period
$618.1M
$618.1M
$659.6M
$659.6M
Cash, cash equivalents and restricted cash at end of period