DocuSign Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.22B | $2.98B | $2.76B | $2.52B | $2.11B | $1.45B | $974.0M | $701.0M |
| Cost of Revenue | $663.1M | $621.7M | $572.6M | $536.1M | $466.5M | $364.1M | $243.2M | $192.4M |
| Gross Profit | $2.56B | $2.36B | $2.19B | $1.98B | $1.64B | $1.09B | $730.7M | $508.5M |
| Gross Margin | 79.4% | 79.1% | 79.3% | 78.7% | 77.9% | 74.9% | 75.0% | 72.5% |
| Operating Expenses | ||||||||
| Research & Development | $665.0M | $588.5M | $539.5M | $480.6M | $393.4M | $271.5M | $185.6M | $186.0M |
| SG&A Expense | $389.0M | $376.0M | $419.6M | $316.2M | $232.8M | $192.7M | $147.3M | $209.3M |
| Operating Income | $298.6M | $199.9M | $31.6M | $-88.0M | $-61.9M | $-173.9M | $-193.5M | $-426.3M |
| Operating Margin | 9.3% | 6.7% | 1.1% | -3.5% | -2.9% | -12.0% | -19.9% | -60.8% |
| Interest Expense | — | — | $6.8M | $6.4M | $6.4M | $30.8M | $29.3M | $10.8M |
| Pretax Income | $347.3M | $247.9M | $93.7M | $-89.9M | $-66.9M | $-229.5M | $-203.6M | $-428.2M |
| Income Tax Expense | $38.2M | $-819.9M | $19.7M | $7.6M | $3.1M | $13.8M | $4.8M | $-1.8M |
| Net Income | $309.1M | $1.07B | $74.0M | $-97.5M | $-70.0M | $-243.3M | $-208.4M | $-426.5M |
| Net Margin | 9.6% | 35.9% | 2.7% | -3.9% | -3.3% | -16.7% | -21.4% | -60.8% |
| EPS (Basic) | $1.53 | $5.23 | $0.36 | $-0.49 | $-0.36 | $-1.31 | $-1.18 | $-3.16 |
| EPS (Diluted) | $1.48 | $5.08 | $0.36 | $-0.49 | $-0.36 | $-1.31 | $-1.18 | $-3.16 |
| Shares Outstanding (Basic) | 202.1M | 204.3M | 204.1M | 200.9M | 196.7M | 185.8M | 176.7M | 169.9M |
| Shares Outstanding (Diluted) | 209.1M | 210.3M | 209.0M | 200.9M | 196.7M | 185.8M | 176.7M | 169.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |