Is DocuSign Stock Undervalued?
Digital signature software business DocuSign (NASDAQ:DOCU) has been struggling over…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $8.6B | $9B | $8.9B | $9.5B | $9.9B | |
| Revenue Growth (YoY) | -4.68% | 4.55% | -1.58% | 6.99% | 4.76% | |
| Cost of Revenues | $2.5B | $2.3B | $2.3B | $2.3B | $2.3B | |
| Gross Profit | $6.1B | $6.7B | $6.5B | $7.2B | $7.6B | |
| Gross Profit Margin | 71.38% | 74.2% | 73.56% | 75.53% | 76.95% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $262M | $1.5B | -$73M | -$305M | -$1.8B | |
| Operating Expenses | $5.2B | $5.3B | $5.2B | $5.3B | $5.5B | |
| Operating Income | $990M | $1.4B | $1.3B | $1.8B | $2.1B | |
| Net Interest Expenses | $244M | $211M | $208M | $235M | $263M | |
| EBT. Incl. Unusual Items | $1B | $2.7B | $1.3B | $1.3B | $104M | |
| Earnings of Discontinued Ops. | $258M | $2.1B | -$40M | -- | -- | |
| Income Tax Expense | $249M | $536M | $194M | $215M | $192M | |
| Net Income to Company | $1B | $4.2B | $1B | $1.1B | -$88M | |
| Minority Interest in Earnings | $24M | $14M | $15M | $9M | $10M | |
| Net Income to Common Excl Extra Items | $762M | $2.2B | $1.1B | $1.1B | -$88M | |
| Basic EPS (Cont. Ops) | $7.66 | $15.02 | $9.54 | $10.05 | -$0.96 | |
| Diluted EPS (Cont. Ops) | $7.66 | $14.90 | $9.54 | $9.95 | -$0.96 | |
| Weighted Average Basic Share | $130M | $128M | $112M | $105M | $102M | |
| Weighted Average Diluted Share | $130M | $129M | $112M | $106M | $102M | |
| EBITDA | $1.8B | $2.1B | $1.9B | $2.3B | $2.6B | |
| EBIT | $990M | $1.4B | $1.3B | $1.8B | $2.1B | |
| Revenue (Reported) | $8.6B | $9B | $8.9B | $9.5B | $9.9B | |
| Operating Income (Reported) | $990M | $1.4B | $1.3B | $1.8B | $2.1B | |
| Operating Income (Adjusted) | $990M | $1.4B | $1.3B | $1.8B | $2.1B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | $2B | $2.2B | $2.3B | $2.3B | |
| Revenue Growth (YoY) | 4.22% | -1.22% | 11.02% | 5.68% | -- | |
| Cost of Revenues | $539M | $515M | $518M | $535M | $455M | |
| Gross Profit | $1.4B | $1.4B | $1.6B | $1.8B | $1.8B | |
| Gross Profit Margin | 72.71% | 73.6% | 76.09% | 76.63% | 80.12% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $1.1B | $26M | -$64M | -$2.3B | -- | |
| Operating Expenses | $1.3B | $1.4B | $1.4B | $1.4B | $1.4B | |
| Operating Income | $172M | $31M | $276M | $356M | $419M | |
| Net Interest Expenses | $50M | $54M | $61M | $65M | $65M | |
| EBT. Incl. Unusual Items | $1.2B | $185M | $164M | -$2B | $390M | |
| Earnings of Discontinued Ops. | -$12M | $8M | -- | -- | -- | |
| Income Tax Expense | $267M | $1M | $25M | -$322M | $77M | |
| Net Income to Company | $907M | $192M | $139M | -$1.7B | $306M | |
| Minority Interest in Earnings | $4M | $2M | $3M | $3M | $2M | |
| Net Income to Common Excl Extra Items | $919M | $184M | $139M | -$1.7B | $306M | |
| Basic EPS (Cont. Ops) | $7.00 | $1.75 | $1.30 | -$16.42 | $3.10 | |
| Diluted EPS (Cont. Ops) | $7.00 | $1.73 | $1.30 | -$16.42 | $3.10 | |
| Weighted Average Basic Share | $129M | $110M | $105M | $102M | $98M | |
| Weighted Average Diluted Share | $129M | $111M | $105M | $102M | $98M | |
| EBITDA | $326M | $162M | $398M | $472M | $522M | |
| EBIT | $172M | $31M | $276M | $356M | $419M | |
| Revenue (Reported) | $2B | $2B | $2.2B | $2.3B | $2.3B | |
| Operating Income (Reported) | $172M | $31M | $276M | $356M | $419M | |
| Operating Income (Adjusted) | $172M | $31M | $276M | $356M | $419M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $9B | $8.9B | $9.3B | $9.8B | $9.8B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $2.3B | $2.4B | $2.3B | $2.3B | $2B | |
| Gross Profit | $6.6B | $6.5B | $7B | $7.5B | $7.8B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $1.5B | $13M | -$268M | -$2.6B | -- | |
| Operating Expenses | $5.4B | $5.2B | $5.2B | $5.5B | $5.5B | |
| Operating Income | $1.3B | $1.3B | $1.8B | $2B | $2.3B | |
| Net Interest Expenses | $221M | $204M | $226M | $260M | $260M | |
| EBT. Incl. Unusual Items | $2.6B | $1.2B | $1.3B | -$850M | $2.7B | |
| Earnings of Discontinued Ops. | $252M | $1.8B | -$13M | -- | -- | |
| Income Tax Expense | $502M | $213M | $230M | -$132M | $561M | |
| Net Income to Company | $2.3B | $2.8B | $1B | -$713M | $2.1B | |
| Minority Interest in Earnings | $16M | $15M | $13M | $9M | $9M | |
| Net Income to Common Excl Extra Items | $2.1B | $1B | $1B | -$713M | $2.1B | |
| Basic EPS (Cont. Ops) | $17.72 | $5.13 | $9.47 | -$7.17 | $21.13 | |
| Diluted EPS (Cont. Ops) | $17.72 | $5.11 | $9.40 | -$7.25 | $20.95 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $1.9B | $1.8B | $2.3B | $2.5B | $2.7B | |
| EBIT | $1.3B | $1.3B | $1.8B | $2B | $2.3B | |
| Revenue (Reported) | $9B | $8.9B | $9.3B | $9.8B | $9.8B | |
| Operating Income (Reported) | $1.3B | $1.3B | $1.8B | $2B | $2.3B | |
| Operating Income (Adjusted) | $1.3B | $1.3B | $1.8B | $2B | $2.3B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $6.3B | $6.1B | $6.6B | $6.9B | $6.8B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $1.7B | $1.7B | $1.7B | $1.7B | $1.4B | |
| Gross Profit | $4.6B | $4.5B | $4.9B | $5.2B | $5.4B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $1.5B | $26M | -$169M | -$2.5B | -$57M | |
| Operating Expenses | $4B | $4B | $4B | $4.1B | $4.2B | |
| Operating Income | $599M | $441M | $884M | $1.1B | $1.2B | |
| Net Interest Expenses | $161M | $154M | $172M | $197M | $194M | |
| EBT. Incl. Unusual Items | $2B | $521M | $540M | -$1.6B | $1B | |
| Earnings of Discontinued Ops. | $247M | -$27M | -- | -- | -- | |
| Income Tax Expense | $386M | $63M | $99M | -$248M | $121M | |
| Net Income to Company | $1.8B | $431M | $441M | -$1.3B | $877M | |
| Minority Interest in Earnings | $9M | $10M | $8M | $8M | $7M | |
| Net Income to Common Excl Extra Items | $1.6B | $458M | $441M | -$1.3B | $877M | |
| Basic EPS (Cont. Ops) | $14.05 | $4.31 | $4.07 | -$13.21 | $8.80 | |
| Diluted EPS (Cont. Ops) | $14.05 | $4.30 | $4.05 | -$13.23 | $8.74 | |
| Weighted Average Basic Share | $389M | $340M | $319M | $308M | $297M | |
| Weighted Average Diluted Share | $389M | $341M | $320M | $309M | $299M | |
| EBITDA | $1.1B | $871M | $1.3B | $1.4B | $1.5B | |
| EBIT | $599M | $441M | $884M | $1.1B | $1.2B | |
| Revenue (Reported) | $6.3B | $6.1B | $6.6B | $6.9B | $6.8B | |
| Operating Income (Reported) | $599M | $441M | $884M | $1.1B | $1.2B | |
| Operating Income (Adjusted) | $599M | $441M | $884M | $1.1B | $1.2B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2.1B | $4.7B | $1.3B | $1.4B | $1.9B | |
| Short Term Investments | -- | $200M | -- | -- | -- | |
| Accounts Receivable, Net | $1.6B | $1.5B | $1.5B | $1.6B | $1.6B | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $79M | $54M | $54M | $53M | $60M | |
| Total Current Assets | $20.3B | $18.5B | $15.8B | $13.4B | $15.1B | |
| Property Plant And Equipment | $1.9B | $1.6B | $1.3B | $1.3B | $1.1B | |
| Long-Term Investments | $70M | $55M | $90M | $88M | $157M | |
| Goodwill | $10.4B | $10.2B | $10.2B | $10.2B | $8.8B | |
| Other Intangibles | $3B | $2.6B | $2.3B | $2B | $1.3B | |
| Other Long-Term Assets | $952M | $61M | $58M | $49M | $34M | |
| Total Assets | $38.5B | $35B | $31.8B | $29.1B | $27.7B | |
| Accounts Payable | $857M | $898M | $975M | $1.1B | $1.1B | |
| Accrued Expenses | $506M | $285M | $206M | $216M | $227M | |
| Current Portion Of Long-Term Debt | $22M | -- | -- | $650M | -- | |
| Current Portion Of Capital Lease Obligations | $152M | $150M | $126M | $125M | $118M | |
| Other Current Liabilities | $15.5B | $11.2B | $12B | $9.3B | $9.7B | |
| Total Current Liabilities | $19.3B | $14.7B | $14.8B | $12.6B | $12.6B | |
| Long-Term Debt | $5.6B | $4.7B | $5.1B | $5.2B | $5.8B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $27.6B | $21.7B | $21.7B | $19.5B | $19.7B | |
| Common Stock | -- | -- | -- | -- | -- | |
| Other Common Equity Adj | -$2.4B | -$2.2B | -$2.6B | -$2.9B | -$3.2B | |
| Common Equity | $10.8B | $13.3B | $10B | $9.5B | $7.9B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $112M | $48M | $77M | $73M | $77M | |
| Total Equity | $10.9B | $13.3B | $10.1B | $9.6B | $8B | |
| Total Liabilities and Equity | $38.5B | $35B | $31.8B | $29.1B | $27.7B | |
| Cash and Short Terms | $2.1B | $4.7B | $1.3B | $1.4B | $1.9B | |
| Total Debt | $6.6B | $5.3B | $5.4B | $5.8B | $5.8B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2.2B | $1.5B | $1.4B | $1.4B | $1.9B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $1.4B | $1.2B | $1.3B | $1.4B | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $480M | $61M | $39M | $69M | -- | |
| Total Current Assets | $20.6B | $15.1B | $11.8B | $14.3B | $14.6B | |
| Property Plant And Equipment | $1.7B | $1.3B | $1.2B | $1.2B | $1.2B | |
| Long-Term Investments | -- | -- | $16M | $91M | $232M | |
| Goodwill | $10.1B | $10.1B | $10.1B | $8.9B | -- | |
| Other Intangibles | $2.7B | $2.3B | $2.1B | $1.4B | -- | |
| Other Long-Term Assets | $1.1B | $1.2B | $1.4B | $42M | -- | |
| Total Assets | $37.3B | $31B | $27.6B | $27.2B | $27.4B | |
| Accounts Payable | $911M | $876M | -- | -- | -- | |
| Accrued Expenses | $285M | $250M | $2.1B | $2B | -- | |
| Current Portion Of Long-Term Debt | $644M | -- | $649M | -- | -- | |
| Current Portion Of Capital Lease Obligations | $150M | $126M | $119M | $122M | -- | |
| Other Current Liabilities | $15.2B | $11.5B | $8.2B | $10.4B | -- | |
| Total Current Liabilities | $18.6B | $14.1B | $11.3B | $12.5B | $13.2B | |
| Long-Term Debt | $4.8B | $5.1B | $5.1B | $5.9B | $5.2B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $25.8B | $21.1B | $18.1B | $19.6B | $19.6B | |
| Common Stock | -- | -- | -- | -- | -- | |
| Other Common Equity Adj | -$2.4B | -$2.7B | -$2.6B | -$2.8B | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $40M | $75M | $75M | $78M | $75M | |
| Total Equity | $11.4B | $9.9B | $9.5B | $7.6B | $7.8B | |
| Total Liabilities and Equity | $37.3B | $31B | $27.6B | $27.2B | $27.4B | |
| Cash and Short Terms | $2.2B | $1.5B | $1.4B | $1.4B | $1.9B | |
| Total Debt | $5.5B | $5.3B | $5.8B | $5.9B | $5.8B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1B | $4.2B | $1B | $1.1B | -$88M | |
| Depreciation & Amoritzation | $770M | $650M | $567M | $505M | $456M | |
| Stock-Based Compensation | $90M | $101M | $99M | $125M | $121M | |
| Change in Accounts Receivable | $72M | -$134M | -$188M | -$206M | -$233M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.8B | $2.1B | $812M | $1.3B | $1.5B | |
| Capital Expenditures | $286M | $201M | $204M | $242M | $245M | |
| Cash Acquisitions | $69M | $47M | $140M | $6M | $107M | |
| Cash From Investing | -$160M | $2.6B | -$173M | -$1.1B | $250M | |
| Dividends Paid (Ex Special Dividend) | $346M | $374M | $369M | $352M | $354M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $282M | -- | $750M | $748M | $746M | |
| Long-Term Debt Repaid | -$327M | -$1B | -$585M | -$254M | -$655M | |
| Repurchase of Common Stock | -- | $1.6B | $3.5B | $1B | $901M | |
| Other Financing Activities | $753M | -$115M | $282M | -$342M | $705M | |
| Cash From Financing | $378M | -$3.1B | -$3.4B | -$1.2B | -$459M | |
| Beginning Cash (CF) | $2B | $4.5B | $1.3B | $1.4B | $1.9B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $2.1B | $1.4B | -$3B | -$929M | $1.2B | |
| Ending Cash (CF) | $4.3B | $5.7B | -$1.9B | $506M | $3B | |
| Levered Free Cash Flow | $1.5B | $1.9B | $608M | $1.1B | $1.3B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $907M | $192M | $139M | -$1.7B | $306M | |
| Depreciation & Amoritzation | $154M | $131M | $122M | $116M | $103M | |
| Stock-Based Compensation | $19M | $24M | $29M | $31M | $36M | |
| Change in Accounts Receivable | $214M | $90M | $97M | $153M | $157M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.5B | $179M | $393M | $482M | $678M | |
| Capital Expenditures | $43M | $57M | $61M | $63M | $57M | |
| Cash Acquisitions | -- | $4M | $2M | $10M | -- | |
| Cash From Investing | $203M | -$77M | $5M | -$72M | -$82M | |
| Dividends Paid (Ex Special Dividend) | $6M | $91M | $88M | $89M | $90M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$455M | -$2M | -$251M | -$1M | -- | |
| Repurchase of Common Stock | $1B | $369M | $350M | $205M | $600M | |
| Other Financing Activities | $272M | $37M | $74M | $136M | -- | |
| Cash From Financing | -$1.2B | -$419M | -$615M | -$159M | -$511M | |
| Beginning Cash (CF) | $2.2B | $1.5B | $1.2B | $1.4B | $1.9B | |
| Foreign Exchange Rate Adjustment | $26M | -$120M | -$55M | $85M | -$5M | |
| Additions / Reductions | $502M | -$437M | -$272M | $336M | $80M | |
| Ending Cash (CF) | $2.7B | $939M | $920M | $1.8B | $2B | |
| Levered Free Cash Flow | $1.5B | $122M | $332M | $419M | $621M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $2.3B | $2.8B | $1B | -$713M | $2.1B | |
| Depreciation & Amoritzation | $683M | $583M | $524M | $470M | $415M | |
| Stock-Based Compensation | $102M | $101M | $115M | $123M | $140M | |
| Change in Accounts Receivable | -$112M | -$39M | -$197M | -$196M | -$122M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $2.4B | $621M | $1.2B | $1.4B | $1.6B | |
| Capital Expenditures | $203M | $202M | $236M | $249M | $222M | |
| Cash Acquisitions | $3M | $127M | $66M | $28M | $93M | |
| Cash From Investing | $525M | $1.9B | -$1.1B | -$285M | $1B | |
| Dividends Paid (Ex Special Dividend) | $362M | $379M | $354M | $352M | $358M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $748M | $746M | -- | |
| Long-Term Debt Repaid | -$978M | -$623M | -$253M | -$654M | -- | |
| Repurchase of Common Stock | $1B | $3.7B | $1.2B | $702M | $1.7B | |
| Other Financing Activities | $786M | -$13M | $39M | $695M | -- | |
| Cash From Financing | -$1.6B | -$3.9B | -$1.1B | -$267M | -$2B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.5B | -$1.8B | -$939M | $980M | $711M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $2.2B | $419M | $962M | $1.2B | $1.4B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1.8B | $431M | $441M | -$1.3B | $877M | |
| Depreciation & Amoritzation | $497M | $430M | $387M | $352M | $311M | |
| Stock-Based Compensation | $71M | $71M | $87M | $85M | $104M | |
| Change in Accounts Receivable | $175M | $270M | $261M | $271M | $382M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.9B | $437M | $823M | $913M | $1B | |
| Capital Expenditures | $149M | $150M | $182M | $189M | $166M | |
| Cash Acquisitions | -- | $80M | $6M | $28M | $14M | |
| Cash From Investing | $577M | -$58M | -$1B | -$230M | $530M | |
| Dividends Paid (Ex Special Dividend) | $275M | $280M | $265M | $265M | $269M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | $750M | $748M | $746M | -- | |
| Long-Term Debt Repaid | -$970M | -$585M | -$253M | -$653M | -$2M | |
| Repurchase of Common Stock | $1B | $3.1B | $804M | $506M | $1.3B | |
| Other Financing Activities | -$13M | $89M | -$154M | $883M | $81M | |
| Cash From Financing | -$2.3B | -$3.1B | -$728M | $205M | -$1.3B | |
| Beginning Cash (CF) | $6.4B | $5.6B | $4B | $4.5B | $5.4B | |
| Foreign Exchange Rate Adjustment | -$24M | -$290M | -$54M | $32M | $202M | |
| Additions / Reductions | $125M | -$3B | -$989M | $920M | $425M | |
| Ending Cash (CF) | $6.5B | $2.3B | $2.9B | $5.5B | $6B | |
| Levered Free Cash Flow | $1.7B | $287M | $641M | $724M | $838M | |
Signup to receive the latest stock alerts
Digital signature software business DocuSign (NASDAQ:DOCU) has been struggling over…
Cybersecurity major SentinelOne (NYSE:S) has struggled over several years, delivering…
Chip and software maker Broadcom (NASDAQ:AVGO) has been among the…
Market Cap: $4.6T
P/E Ratio: 64x
Market Cap: $4T
P/E Ratio: 37x
Market Cap: $3.8T
P/E Ratio: 39x
Hut 8 Corp. [HUT] is up 0.65% over the past day.
Travere Therapeutics, Inc. [TVTX] is up 14.03% over the past day.
Structure Therapeutics, Inc. [GPCR] is down 2.36% over the past day.