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 | $9.6B | $11.9B | $12.1B | $14.6B | $17.3B | |
| Revenue Growth (YoY) | 16.61% | 23.63% | 1.63% | 20.95% | 18.48% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $6M | $37M | -$102M | -$14M | $121M | |
| Operating Expenses | -$621.7M | -$1.6B | -$689M | -$2.3B | -$1.6B | |
| Operating Income | $621.7M | $1.6B | $689M | $2.3B | $1.6B | |
| Net Interest Expenses | $36.3M | $70.1M | $101M | $134M | $149M | |
| EBT. Incl. Unusual Items | $585.3M | $1.5B | $588M | $2.2B | $1.5B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $71.2M | $166.5M | -$9M | -$363M | $120M | |
| Net Income to Company | $514M | $1.4B | $597M | $2.5B | $1.4B | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $514.2M | $1.4B | $589M | $2.5B | $1.4B | |
| Basic EPS (Cont. Ops) | $12.81 | $34.66 | $15.10 | $60.24 | $31.80 | |
| Diluted EPS (Cont. Ops) | $12.78 | $34.62 | $15.10 | $60.24 | $31.80 | |
| Weighted Average Basic Share | $39.7M | $39.3M | $39M | $41.3M | $42.7M | |
| Weighted Average Diluted Share | $39.7M | $39.3M | $39M | $41.3M | $42.7M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $585.3M | $1.5B | $588M | $2.2B | $1.5B | |
| Revenue (Reported) | $9.6B | $11.9B | $12.1B | $14.6B | $17.3B | |
| Operating Income (Reported) | $621.7M | $1.6B | $689M | $2.3B | $1.6B | |
| Operating Income (Adjusted) | $585.3M | $1.5B | $588M | $2.2B | $1.5B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.1B | $4B | $4.3B | $4.3B | |
| Revenue Growth (YoY) | 12.08% | 5.05% | 29.87% | 7.37% | 0.79% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -$20M | -$16M | $103M | -$102M | -- | |
| Operating Expenses | $72.2M | $376M | -$759M | -$614M | -$307M | |
| Operating Income | -$72.2M | -$376M | $759M | $614M | $307M | |
| Net Interest Expenses | $15.5M | $25M | $34M | $38M | $38M | |
| EBT. Incl. Unusual Items | -$87.7M | -$401M | $725M | $577M | $269M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -$14.3M | -$82M | $47M | $68M | $14M | |
| Net Income to Company | -$73.8M | -$319M | $678M | $509M | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$73.5M | -$319M | $671M | $509M | $255M | |
| Basic EPS (Cont. Ops) | -$1.88 | -$8.22 | $15.64 | $11.81 | $6.09 | |
| Diluted EPS (Cont. Ops) | -$1.88 | -$8.22 | $15.64 | $11.81 | $6.09 | |
| Weighted Average Basic Share | $39.2M | $38.8M | $42.9M | $42.6M | $41.4M | |
| Weighted Average Diluted Share | $39.2M | $38.8M | $42.9M | $42.6M | $41.4M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -$87.7M | -$401M | $725M | $577M | $269M | |
| Revenue (Reported) | $2.9B | $3.1B | $4B | $4.3B | $4.3B | |
| Operating Income (Reported) | -$72.2M | -$376M | $759M | $614M | $307M | |
| Operating Income (Adjusted) | -$87.7M | -$401M | $725M | $577M | $269M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $11.5B | $11.9B | $14.2B | $16.3B | $17.7B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $2.4M | -$79M | $31M | -$123M | -- | |
| Operating Expenses | -$1.2B | -$616.9M | -$2.6B | -$2.7B | -$735M | |
| Operating Income | $1.2B | $616.9M | $2.6B | $2.7B | $735M | |
| Net Interest Expenses | $61.6M | $96.8M | $126M | $148M | $151M | |
| EBT. Incl. Unusual Items | $1.2B | $520M | $2.5B | $2.5B | $585M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $153M | -$12.1M | $242M | -$257M | $33M | |
| Net Income to Company | $1B | $532M | $2.2B | $2.8B | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $998.2M | $521M | $2.2B | $2.8B | $552M | |
| Basic EPS (Cont. Ops) | $25.20 | $13.28 | $53.93 | $63.94 | $13.48 | |
| Diluted EPS (Cont. Ops) | $25.17 | $13.28 | $53.93 | $63.94 | $13.48 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $1.2B | $520M | $2.5B | $2.5B | $585M | |
| Revenue (Reported) | $11.5B | $11.9B | $14.2B | $16.3B | $17.7B | |
| Operating Income (Reported) | $1.2B | $616.9M | $2.6B | $2.7B | $735M | |
| Operating Income (Adjusted) | $1.2B | $520M | $2.5B | $2.5B | $585M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $8.7B | $8.8B | $10.9B | $12.6B | $13.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $43.7M | -$72M | $62M | -$48M | -$100M | |
| Operating Expenses | -$1.1B | -$93.4M | -$2B | -$2.4B | -$1.4B | |
| Operating Income | $1.1B | $93.4M | $2B | $2.4B | $1.4B | |
| Net Interest Expenses | $46.8M | $73.5M | $99M | $112M | $114M | |
| EBT. Incl. Unusual Items | $1B | $20M | $1.9B | $2.2B | $1.3B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $97.2M | -$81.4M | $170M | $275M | $188M | |
| Net Income to Company | $948M | $101M | $1.7B | $2B | $890M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $934.6M | $95.8M | $1.7B | $2B | $1.1B | |
| Basic EPS (Cont. Ops) | $23.62 | $2.46 | $41.21 | $45.41 | $27.08 | |
| Diluted EPS (Cont. Ops) | $23.60 | $2.46 | $41.21 | $45.41 | $27.08 | |
| Weighted Average Basic Share | $118.2M | $116.5M | $122.3M | $128.3M | $125.5M | |
| Weighted Average Diluted Share | $118.3M | $116.5M | $122.3M | $128.3M | $125.5M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $1B | $20M | $1.9B | $2.2B | $1.3B | |
| Revenue (Reported) | $8.7B | $8.8B | $10.9B | $12.6B | $13.1B | |
| Operating Income (Reported) | $1.1B | $93.4M | $2B | $2.4B | $1.4B | |
| Operating Income (Adjusted) | $1B | $20M | $1.9B | $2.2B | $1.3B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $801.7M | $1.4B | $1.4B | $1.4B | $1.5B | |
| Short Term Investments | $21.2B | $23.5B | $10.4B | $15.1B | $18.9B | |
| Accounts Receivable, Net | $4.7B | $5.3B | $5.9B | $7B | $8.5B | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $412M | $515M | $610M | $713M | $869M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $6.2B | $7.5B | $8B | $10.8B | $14.3B | |
| Property Plant And Equipment | $149.1M | $138.9M | $128M | $123M | $108M | |
| Long-Term Investments | $2B | $2.9B | $4.1B | $4.8B | $5.4B | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $30.3B | $35.6B | $37.1B | $46.4B | $52.4B | |
| Accounts Payable | $294.3M | $449.7M | $567M | $650M | $701M | |
| Accrued Expenses | $10.5M | $17M | $19M | $22M | $22M | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $14.8B | $17.5B | $20.4B | $23.2B | $27.6B | |
| Long-Term Debt | $2.1B | $3.2B | $3.2B | $3.5B | $3.7B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $20.6B | $25.5B | $28.7B | $33.2B | $38.5B | |
| Common Stock | $696K | $698K | $1M | $1M | $1M | |
| Other Common Equity Adj | $534.9M | $12M | -$2B | -$934M | -$1.1B | |
| Common Equity | $9.7B | $10.1B | $8.4B | $13.2B | $13.9B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $9.7B | $10.1B | $8.4B | $13.2B | $13.9B | |
| Total Liabilities and Equity | $30.3B | $35.6B | $37.1B | $46.4B | $52.4B | |
| Cash and Short Terms | $22B | $24.9B | $11.8B | $16.6B | $20.4B | |
| Total Debt | $2.1B | $3.2B | $3.2B | $3.5B | $3.7B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $1.1B | $1.7B | $1.8B | $1.6B | $1.5B | |
| Short Term Investments | $22.3B | $22.5B | $13.8B | $17.7B | -- | |
| Accounts Receivable, Net | $5.6B | $5.7B | $6.8B | $7.9B | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $552.5M | $556M | $756M | $952M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $7B | $7.7B | $11B | $13.2B | $14.3B | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $33.8B | $35.3B | $43.1B | $52.4B | $57.4B | |
| Accounts Payable | $485.7M | $511M | $795M | $979M | $1.1B | |
| Accrued Expenses | $23.3M | $39M | $41M | $43M | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $17.3B | $19.7B | $22.4B | $26.4B | $31B | |
| Long-Term Debt | $1.9B | $3.1B | $3.1B | $3.4B | $3.6B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $23.9B | $27.7B | $31.9B | $37.1B | $42B | |
| Common Stock | $698K | $1M | $1M | $1M | $1M | |
| Other Common Equity Adj | $203.7M | -$2.3B | -$2.2B | -$344M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $10B | $7.6B | $11.2B | $15.3B | $15.4B | |
| Total Liabilities and Equity | $33.8B | $35.3B | $43.1B | $52.4B | $57.4B | |
| Cash and Short Terms | $23.4B | $24.1B | $15.6B | $19.3B | -- | |
| Total Debt | $1.9B | $3.1B | $3.1B | $3.4B | $3.6B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $514M | $1.4B | $597M | $2.5B | $1.4B | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $39.2M | $43.4M | $45M | $49M | $63M | |
| Change in Accounts Receivable | -$538M | -$774M | -$848M | -$921M | -$1.8B | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $3.2B | $4.1B | $4B | $4.8B | $5.4B | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$4B | -$4.1B | -$3.7B | -$6.1B | -$4.9B | |
| Dividends Paid (Ex Special Dividend) | $249.1M | $246.7M | $255M | $288M | $334M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $1.3B | $1.2B | -- | $300M | $200M | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | $213.6M | $239.4M | $78M | $23M | $224M | |
| Other Financing Activities | -$26M | -$17M | -$26M | -$25M | -$25M | |
| Cash From Financing | $800.2M | $674.2M | -$359M | $1.4B | -$383M | |
| Beginning Cash (CF) | $801.7M | $1.4B | $1.4B | $1.4B | $1.5B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$6.4M | $639.2M | -$43M | $38M | $112M | |
| Ending Cash (CF) | $798.5M | $2.1B | $1.4B | $1.5B | $1.7B | |
| Levered Free Cash Flow | $3.2B | $4.1B | $4B | $4.8B | $5.4B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$73.8M | -$319M | $678M | $509M | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $10.8M | $11.1M | $12M | $16M | $17M | |
| Change in Accounts Receivable | -$484.2M | -$607M | -$467M | $211M | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.3B | $1.2B | $1.4B | $1.8B | $1.5B | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$1.1B | -$1.5B | -$1.7B | -$1.6B | -$1.8B | |
| Dividends Paid (Ex Special Dividend) | $61.5M | $64.9M | $76M | $86M | $84M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -$6M | -- | -- | -- | |
| Repurchase of Common Stock | $159.7M | $59.8M | $3M | $102M | -- | |
| Other Financing Activities | -$1.3M | -$2M | -$2M | -$2M | -- | |
| Cash From Financing | -$223.4M | -$132.4M | -$81M | -$190M | -$84M | |
| Beginning Cash (CF) | $1.1B | $1.7B | $1.8B | $1.6B | $1.5B | |
| Foreign Exchange Rate Adjustment | -$7.9M | $16.3M | -$5M | $11M | $8M | |
| Additions / Reductions | -$37.9M | -$437.2M | -$301M | $29M | -$362M | |
| Ending Cash (CF) | $1B | $1.3B | $1.5B | $1.6B | $1.2B | |
| Levered Free Cash Flow | $1.3B | $1.2B | $1.4B | $1.8B | $1.5B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1B | $532M | $2.2B | $2.8B | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $43.1M | $45.2M | $47M | $61M | $57M | |
| Change in Accounts Receivable | -$976.4M | -$873M | -$797M | -$611M | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $3.8B | $4B | $4.8B | $5.5B | $4.6B | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$4.4B | -$4.2B | -$5.8B | -$5.4B | -$4.1B | |
| Dividends Paid (Ex Special Dividend) | $247.7M | $252M | $276M | $325M | $338M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | $200M | $115.3M | $24M | $224M | $420M | |
| Other Financing Activities | -$15.1M | -$21M | -$30M | -$25M | -- | |
| Cash From Financing | $723.8M | $795.3M | $1.1B | -$273M | -$580M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $129.6M | $610.4M | $86M | -$167M | -$59M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $3.8B | $4B | $4.8B | $5.5B | $4.6B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $948M | $101M | $1.7B | $2B | $890M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $33.2M | $35M | $37M | $49M | $43M | |
| Change in Accounts Receivable | -$968M | -$1.1B | -$1B | -$706M | -$311M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $3B | $2.9B | $3.7B | $4.5B | $3.7B | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$2.3B | -$2.4B | -$4.5B | -$3.8B | -$3B | |
| Dividends Paid (Ex Special Dividend) | $185.7M | $191M | $212M | $249M | $253M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -$6M | -- | -- | -- | |
| Repurchase of Common Stock | $200.1M | $76M | $22M | $223M | $419M | |
| Other Financing Activities | -$15M | -$19M | -$23M | -$23M | -$20M | |
| Cash From Financing | -$413.1M | -$292M | $1.2B | -$495M | -$692M | |
| Beginning Cash (CF) | $3.3B | $5.6B | $5.4B | $4.7B | $5B | |
| Foreign Exchange Rate Adjustment | -$9M | $46M | -$12M | $25M | -$24M | |
| Additions / Reductions | $266.8M | $238M | $367M | $162M | -$9M | |
| Ending Cash (CF) | $3.6B | $5.9B | $5.8B | $4.9B | $5B | |
| Levered Free Cash Flow | $3B | $2.9B | $3.7B | $4.5B | $3.7B | |
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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.