DocuSign (DOCU) stock price, revenue, and financials

DocuSign market cap is $24.4 b, and annual revenue was $973.97 m in FY 2020

$24.4 B

DOCU Mkt cap, 22-May-2020

$974 M

DocuSign Revenue FY, 2020
DocuSign Revenue growth (FY, 2019 - FY, 2020), %39%
DocuSign Gross profit (FY, 2020)730.7 M
DocuSign Gross profit margin (FY, 2020), %75%
DocuSign Net income (FY, 2020)-208.4 M
DocuSign EBIT (FY, 2020)-193.5 M
DocuSign Cash, 31-Jan-2020241.2 M
DocuSign EV24.8 B

DocuSign Revenue

DocuSign revenue was $973.97 m in FY, 2020 which is a 38.9% year over year increase from the previous period.

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DocuSign Revenue Breakdown

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DocuSign revenue breakdown by business segment: 5.7% from Professional Services and Other and 94.3% from Subscription

DocuSign revenue breakdown by geographic segment: 17.6% from International and 82.4% from United States

DocuSign Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

518.5m701.0m974.0m

Revenue growth, %

35%39%

Cost of goods sold

118.3m192.4m243.2m

Gross profit

400.2m508.5m730.7m

Gross profit Margin, %

77%73%75%

Sales and marketing expense

277.9m539.6m591.4m

R&D expense

92.4m186.0m185.6m

General and administrative expense

81.5m209.3m147.3m

Operating expense total

451.9m934.9m924.2m

EBIT

(51.7m)(426.3m)(193.5m)

EBIT margin, %

(10%)(61%)(20%)

Interest expense

624.0k10.8m29.3m

Interest income

1.1m11.1m16.2m

Pre tax profit

(49.1m)(428.2m)(203.6m)

Income tax expense

(3.1m)(1.7m)4.8m

Net Income

(52.3m)(426.5m)(208.4m)

EPS

(1.7)(3.2)(1.2)

DocuSign Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

256.9m517.8m241.2m

Accounts Receivable

123.8m174.5m237.8m

Prepaid Expenses

23.3m30.0m37.1m

Current Assets

418.8m984.5m943.9m

PP&E

63.0m75.8m128.3m

Goodwill

37.3m195.2m194.9m

Total Assets

620.0m1.6b1.9b

Accounts Payable

23.7m19.6m28.1m

Short-term debt

20.7m

Current Liabilities

373.8m516.3m694.0m

Long-term debt

438.9m627.8m

Total Debt

438.9m648.5m

Total Liabilities

411.1m1.0b1.3b

Common Stock

4.0k17.0k18.0k

Preferred Stock

547.5m

Additional Paid-in Capital

160.3m1.5b1.7b

Retained Earnings

(502.3m)(928.8m)(1.1b)

Total Equity

(338.6m)614.4m546.3m

Debt to Equity Ratio

0.7 x1.2 x

Debt to Assets Ratio

0.3 x0.3 x

Financial Leverage

-1.8 x2.6 x3.5 x

DocuSign Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

(52.3m)(426.5m)(208.4m)

Depreciation and Amortization

31.8m38.0m50.2m

Accounts Receivable

(28.1m)(42.6m)(63.3m)

Accounts Payable

2.9m(7.4m)3.8m

Cash From Operating Activities

55.0m76.1m115.7m

Purchases of PP&E

(18.9m)(30.4m)(72.0m)

Cash From Investing Activities

(18.8m)(664.3m)(321.5m)

Cash From Financing Activities

25.7m853.1m(70.5m)

Net Change in Cash

6.6m260.7m(276.7m)

Interest Paid

599.0k204.0k2.9m

Income Taxes Paid

617.0k3.2m2.0m

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(270.7m)(307.4m)(360.2m)(45.7m)(114.4m)(161.0m)

Depreciation and Amortization

8.6m15.7m26.0m12.0m24.3m36.9m

Accounts Receivable

19.6m15.4m1.4m57.4m35.9m15.1m

Accounts Payable

(7.2m)(5.0m)(6.0m)282.0k1.6m2.3m

Cash From Operating Activities

15.0m37.7m41.9m45.7m72.1m70.2m

Purchases of PP&E

(6.2m)(10.5m)(19.1m)(15.2m)(29.8m)(42.1m)

Cash From Investing Activities

(6.2m)(10.5m)(237.9m)(313.5m)(331.7m)(350.8m)

Cash From Financing Activities

5.6m536.1m1.0b(13.3m)(33.0m)(39.2m)

Net Change in Cash

12.4m561.7m837.1m(281.5m)(293.8m)(320.1m)

Interest Paid

144.0k204.0k204.0k1.4m1.4m2.9m

Income Taxes Paid

1.5m2.0m2.7m131.0k1.1m1.7m

DocuSign Ratios

USDY, 2020

EV/EBIT

-128 x

EV/CFO

214 x

Revenue/Employee

249.2k

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x

P/E Ratio

(112.7)

DocuSign Operating Metrics

DocuSign's Enterprise Customers was reported to be 70 k in FY, 2020. DocuSign's Customers was reported to be 585 k in FY, 2020.
Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Customers

300 k330 k350 k370 k400 k425 k450 k475 k500 k535 k560 k585 k

Enterprise Customers

30 k35 k35 k40 k40 k45 k50 k55 k60 k60 k65 k70 k

Billings

$126.57 m$130.09 m$141.72 m$599.14 m$168.88 m$172.16 m$197.98 m$801.37 m$214.96 m$252.36 m$269.40 m$1.10 b

Retention Rate

115%

Transactions

244 m

Transactions to Date

700 m

Patents (US)

24 33 38

Patents (Foreign)

35 48 66

Patents Pending (US)

18 14 12

Patents Pending (Foreign)

32 18 13

DocuSign Human Capital

Job Roles

FY, 2020FY, 2019FY, 2018
Product Development and Customer Operations58.9 %59.2 %59.3 %
Engineering19.4 %20.5 %20.1 %
General and Administrative 13.7 %15.5 %15.6 %
Marketing and Operations7.9 %5 %
Other4.9 %

DocuSign Employee Rating

4.51150 votes
Culture & Values
4.5
Work/Life Balance
4.5
Senior Management
4.4
Salary & Benefits
4.4
Career Opportunities
4.4
Source