DocuSign, Inc.

DOCUNASDAQTechnology● Active

$46.16

$-1.10(-2.33%)

Market Cap$9.0B

P/E Ratio—

52W High$94.67

52W Low$40.16

Avg Volume3.9M

Open$46.80

Beta0.88

Free Cash Flow Financials Revenue

DocuSign, Inc. (DOCU) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DOCU · free cash flow · updated Jun 8, 2026

Core FCF metrics

DOCU · FCF · TTM · margin & CAGR

Free cash flow was $1.06B for FY2026 (fiscal year ending 2026-01-31), up 15.0% year-over-year The FCF margin was 32.9%. Five-year CAGR stands at +37.6%.

FY2026 Free Cash Flow$1.06B▲ +15.0% YoY

Trailing 12M (TTM)$1.12Btrailing 4 quarters sum

FCF Margin32.9%$1.06B ÷ revenue

3-Year CAGR+35.1%FY2023 → FY2026

5-Year CAGR+37.6%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DOCU · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$1.17B(106M)$1.06B▲ +15.0%32.9%

FY2025$1.02B(97M)$920.3M▲ +3.7%30.9%

FY2024$979.5M(92M)$887.1M▲ +106.7%32.1%

FY2023$506.8M(78M)$429.1M▼ 3.6%17.1%

FY2022$506.5M(61M)$445.1M▲ +107.4%21.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DOCU · P/FCF · FCF yield · FCF per share

DocuSign, Inc. (DOCU) trades at a FCF yield of 12.49% and a price-to-free-cash-flow ratio of 8.3x. FCF per share stands at $5.59, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

12.49%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.59

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x7.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31

Cash flow statement summary

DOCU · cash flow statement · operating / investing / financing

For FY2026, DocuSign, Inc. generated $1.17B in operating cash flow and spent 106M in capital expenditures, yielding $1.06B in free cash flow.

Operating Activities

+$1.17B

Cash from core business operations

2026-01-31

Investing Activities

−$126.8M

CapEx, acquisitions & investments

2026-01-31

Financing Activities

−$1.10B

Buybacks, dividends & debt

2026-01-31

FCF FormulaOperating CF ($1.17B) − |CapEx| (106M) = FCF ($1.06B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

DOCU vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

DocuSign, Inc.YOU

DOCU

$1.06B+15.0%32.9%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

DocuSign, Inc. (DOCU) reported free cash flow of $1.06B for FY2026 (fiscal year ending 2026-01-31), up 15.0% year-over-year. The FCF margin was 32.9%.

Based on available data, DocuSign, Inc. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $1.06B in FY2026. The 5-year CAGR stands at +37.6%.

DocuSign, Inc.'s FCF yield is 12.49% and price-to-FCF ratio is 8.3x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DOCU free cash flow · 8 questions

DocuSign, Inc. free cash flow was $1.06B for FY2026, up 15.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.12B.

DOCU free cash flowDOCU FCFDOCU FCF 2026DOCU free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · DocuSign, Inc. · DocuSign, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026