profit from every $100 of sales.
$0$100
DocuSign
$80.15+0.00% today
+15.6% in 1 year
1-year low $41.751-year high $85.27
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $48.47 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What DocuSign sold, what it kept, and what it did with the cash.
Sales went from $2.52 billion in 2023 to $3.22 billion in 2026, with $309 million of profit last year.
SalesProfit
DocuSign handed back 82% of the cash it generated last year.
Buybacks $869M
Free cash flow 2026$1.1B
Bought back its own shares$869M
Paid as dividends–
Cash vs. debt$602M vs. $185M
DocuSign vs. similar companies
DocuSign grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| DocuSign | 48.5× · Expensive | ||
 SAP | 34.3× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.4× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads DocuSign's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 1,453 | 2,107 | 2,516 | 2,762 | 2,977 | 3,220 | |
| 1,089 | 1,641 | 1,980 | 2,189 | 2,355 | 2,556 | |
| -174 | -62 | -60 | 62 | 230 | 299 | |
| -128 | 21 | 3 | 196 | 357 | 466 | |
| -243 | -70 | -97 | 74 | 1,068 | 309 | |
| -1.31 | -0.36 | -0.49 | 0.36 | 5.08 | 1.48 | |
| 74.9% | 77.9% | 78.7% | 79.3% | 79.1% | 79.4% | |
| -12.0% | -2.9% | -2.4% | 2.2% | 7.7% | 9.3% | |
| -16.7% | -3.3% | -3.9% | 2.7% | 35.9% | 9.6% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 2,337 | 2,541 | 3,013 | 2,971 | 4,013 | 4,230 |
| Cash | 566 | 509 | 722 | 797 | 649 | 602 |
| Total debt | – | – | 888 | 143 | 124 | 185 |
| Total liabilities | 2,007 | 2,266 | 2,395 | 1,842 | 2,010 | 2,312 |
| 326 | 276 | 617 | 1,130 | 2,003 | 1,918 | |
| 186 | 197 | 201 | 209 | 210 | 209 | |
| -48.2% | -17.3% | -4.4% | 6.2% | 9.3% | 13.1% | |
| -74.7% | -25.4% | -15.8% | 6.5% | 53.3% | 16.1% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 297 | 506 | 507 | 980 | 1,017 | 1,165 | |
| 82 | 61 | 78 | 92 | 97 | 106 | |
| 215 | 445 | 429 | 887 | 920 | 1,059 | |
| Dividends paid | – | – | – | – | – | – |
| 0 | 0 | 63 | 146 | 684 | 869 | |
| 287 | 409 | 539 | 617 | 610 | 622 |
Valuation
- 48.5×
- 18.1×
- –
- 5.1×
- 4.7×
- 14.2×
- 31.3×
- 7.1%
- 2.1%
- 0.0%
Profitability
- 79.4%
- 9.3%
- 9.6%
- 17.5%
- 13.3%
- 11.6%
- 16.4%
- 7.9%
- 16.7%
- 20.2%
Growth
- +17.2%
- –
- +15.0%
- –
- +0.5%
Financial health
- -0.6×
- 0.10
- 4.6%
- 133.5×
- 0.66
- 0.66
- 0.82
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 28%of 969
Top 50%of 976
Bottom 30%of 740
Top 31%of 978
Top 17%of 983
What analysts expect
- Average price target
- $68.67
- Range
- $45.00 – $80.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 17, 2026 | 1.01 | 0.95 | +6.3% |
| Dec 4, 2025 | 1.01 | 0.92 | +10.3% |
| Sep 4, 2025 | 0.92 | 0.85 | +8.6% |
| Jun 5, 2025 | 0.90 | 0.81 | +10.8% |
| Mar 13, 2025 | 0.86 | 0.85 | +1.1% |
| Dec 5, 2024 | 0.90 | 0.87 | +3.4% |
| Sep 5, 2024 | 0.97 | 0.81 | +20.2% |
| Jun 6, 2024 | 0.82 | 0.79 | +3.5% |
News
Docusign signals FY2027 ARR growth of 8.5%-9.0% as IAM targets 18%-19% of total ARR exiting Q4Seeking Alpha · Sep 4, 2026Earnings week ahead: AVGO, DOCU, NIO, DELL, and moreSeeking Alpha · Aug 30, 2026The newest story we have is from Sep 4, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
54No pass
Benjamin Graham
18No pass
Philip Fisher
54No pass
Peter Lynch
76Pass
Joel Greenblatt
12No pass
Charlie Munger
42No pass
Terry Smith
39No pass
Questions about DocuSign
Is DocuSign a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the DocuSign AI analysis
What does DocuSign do?
DocuSign, Inc. provides electronic signature software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It is in Software - Application, based in San Francisco, CA, United States, with 7,044 employees.
Does DocuSign pay a dividend?
No. DocuSign does not pay a dividend at the moment; in 2026 it returned $869 million to shareholders by buying back its own shares.
Is DocuSign stock halal?
Yes. DocuSign passes our halal screen: its business is permitted and its debt is 1% of its market value, under the 30% limit. How we check
How has DocuSign stock done over the past year?
Up 15.6% over the past twelve months, to $80.15. It traded between $41.75 and $85.27 and is 6.0% below its high.
Who are DocuSign's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with DocuSign's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.