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DocuSign, Inc. (DOCU)

Technology Balanced

DocuSign is the digital platform that lets people sign, send, and manage legal documents online, replacing the need for paper and ink.

$65.65

Is DocuSign, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: High gross margins indicate a very efficient software business model. Worth weighing: No dividend payments for those looking for regular income.

No rating · no target price · nothing for sale here
Price+26.2%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-26% past year
$65.65
Low $40.16High $86.65
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
15.4now
12.421.3

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
9.4%now
7.9%10.8%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does DocuSign, Inc. do?

DocuSign charges businesses and individuals subscription fees to use its secure platform for electronic signatures and document management. It has become a standard tool for remote work, helping companies speed up contracts and agreements. Pay attention to how they grow their customer base now that the initial rush of remote-work adoption has settled down.

On our factor screen it looks strongest on quality and momentum, and weakest on income.

Quick checks
What's strong
What to watch
  • Income screens low

Does DocuSign, Inc. pay a dividend?

No - DocuSign, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does DocuSign, Inc. have more cash or more debt?

It holds about $814.18M in cash against about $183.33M of debt - so it has net cash of about $630.85M. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do DocuSign, Inc.'s numbers mean?

P/E
38.53
This shows how much you are paying for every pound of the company's current annual profit.
Around the middle of the 109 Technology shares we cover
Gross margin
79.5%
This high percentage shows that the company keeps a large portion of its revenue after paying for the direct costs of providing its software.
Higher than most of the 131 Technology shares we cover
Revenue growth
8.7%
This tells us how much the company's total sales have increased compared to the same time last year.
Lower than most of the 131 Technology shares we cover
Beta
0.9
This suggests the share price tends to move in line with the wider stock market, being neither significantly more nor less volatile.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into DocuSign, Inc.
$1,262+26%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has DocuSign, Inc. actually fallen?

−61%

Over the last 2 years of daily prices, DocuSign, Inc. fell as much as −61% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-64%
2023+7%
2024+51%
2025-24%
2026 so far-13%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$11.33B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.81M
Day range: The lowest and highest price the shares traded at during the latest day.
$65.49 – $66.99
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$40.16 – $86.65
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
38.5
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.87

Does the share price tell you if it's cheap or expensive?

One share costs$65.65
Number of shares173 million
So the whole company is worth$11.33bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns DocuSign, Inc.?

Big institutions 96%Company insiders 1%Public & smaller investors 4%

About 96% of DocuSign, Inc., or about 96 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 1%. The rest, roughly 4%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.87
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -1% past week · ▼ -26% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does DocuSign, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$209.22M$418.43M$627.64M$836.86MQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
79.5%
Net margin
9.6%
Return on equity
16.4%

Where does each £100 of DocuSign, Inc.'s sales go?

Making the product or service £20Running costs, tax and interest £70Left as profit £10

A rough split of the latest full-year figures: of every £100 of sales, about £20 covers making the product or service, £70 goes on running costs, tax and interest, and about £10 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does DocuSign, Inc. report earnings, and how did recent quarters go?

DocuSign, Inc. is next scheduled to report on about 2026-12-03 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

DocuSign, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-09-03$1.09$1.16Beat +7%
2026-06-04$0.99$1.09Beat +10%
2026-03-17$0.95$1.01Beat +6%
2025-12-04$0.92$1.01Beat +10%
2025-09-04$0.85$0.92Beat +9%
2025-06-05$0.81$0.90Beat +10%

Across the last 6 quarters here, DocuSign, Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for DocuSign, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Stronger than expected quarterly subscription renewals.
Base
-2% to +2%Steady performance in line with current growth trends.
Bear
-5% to -10%Increased competition from other software providers.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Becoming the essential global standard for all digital agreements.

The bear case

Loss of market dominance to cheaper or integrated alternatives.

What are the pros and cons of DocuSign, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • High gross margins indicate a very efficient software business model.
  • Strong brand recognition as the leader in electronic signatures.
  • Solid return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. shows effective use of shareholder capital.
The catch3
  • No dividend payments for those looking for regular income.
  • Recent share price performance has been weak compared to the broader market.
  • Growth has slowed significantly from its peak pandemic levels.
Key risks3
  • Intense competition from large tech companies adding similar features to their own suites.
  • Cybersecurity threats that could damage the company's reputation for trust.
  • Economic downturns leading businesses to cut back on software subscriptions.
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A major shift in how legal documents are regulated globally.
  • A significant acquisition that changes the company's core business focus.

Common questions about DocuSign, Inc.

Does DocuSign, Inc. pay a dividend?

No - DocuSign, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does DocuSign, Inc. report earnings next?

DocuSign, Inc. is next scheduled to report results on about 2026-12-03. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.