SuperworthDocusign profit margin DOCU
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- 9.8%
- Operating margin, 12 months
- 12.0%
- Net margin on a year earlier
- +0.7 pts
- Peer median
- 9.5%
Over the twelve months to Jul 31, 2026, Docusign kept 9.8% of its revenue as net profit, with an operating margin of 12.0% and a gross margin of 79.5%.
Five years earlier its net margin was −9.2%.
The median for 10 infrastructure software stocks of a similar size is 9.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 9.6% | 9.3% | 79.4% |
| FY2025 | 35.9% | 6.7% | 79.1% |
| FY2024 | 2.7% | 1.1% | 79.3% |
| FY2023 | −3.9% | −3.5% | 78.7% |
| FY2022 | −3.3% | −2.9% | 77.9% |
| FY2021 | −16.7% | −12.0% | 74.9% |
| FY2020 | −21.4% | −19.9% | 75.0% |
| FY2019 | −60.8% | −60.8% | 72.5% |
| FY2018 | −10.1% | −10.0% | 77.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 9.8% | +0.7 pts | 12.0% | |
| Q1 FY27 | 9.6% | −26.9 pts | 10.6% | |
| Q4 FY26 | 9.6% | −26.3 pts | 9.3% | |
| Q3 FY26 | 9.6% | −25.2 pts | 8.6% | |
| Q2 FY26 | 9.1% | −25.5 pts | 7.9% | |
| Q1 FY26 | 36.5% | +32.7 pts | 7.8% | |
| Q4 FY25 | 35.9% | +33.2 pts | 6.7% | |
| Q3 FY25 | 34.7% | +32.8 pts | 5.1% | |
| Q2 FY25 | 34.6% | +35.2 pts | 3.9% | |
| Q1 FY25 | 3.8% | +6.5 pts | 2.1% | |
| Q4 FY24 | 2.7% | +6.6 pts | 1.1% | |
| Q3 FY24 | 1.9% | +7.4 pts | 0.8% |
Against its peers
Companies in Software - Infrastructure nearest Docusign's size, closest first, today.
| Company | Profit margin |
|---|---|
| DOCUDocusign | 9.8% |
| TYLTyler Technologies | 13.4% |
| GWREGuidewire Software | 9.4% |
| GENGen Digital | 20.7% |
| LDOSLeidos | 7.8% |
| GDDYGoDaddy | 17.8% |
| CACICaci International | 5.6% |
| MANHManhattan Associates | 18.7% |
| DTDynatrace | 7.2% |
| AKAMAkamai Technologies | 9.5% |
| TOSTToast | 7.1% |
| Peer median | 9.5% |
Where Docusign ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Docusign
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.