Is DocuSign Stock Undervalued?
Digital signature software business DocuSign (NASDAQ:DOCU) has been struggling over…
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | $35.3B | $30.9B | $23.3B | $19.3B | $23.1B | |
| Revenue Growth (YoY) | -10.05% | -12.64% | -24.61% | -16.91% | 19.25% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $346.5M | $234.1M | $82.8M | $140.2M | $194.7M | |
| Operating Expenses | -$3.3B | -$3.2B | -$1.4B | -$1.8B | -$891M | |
| Operating Income | $3.3B | $3.2B | $1.4B | $1.8B | $891M | |
| Net Interest Expenses | $21.8M | $20.9M | $34.2M | $34.5M | $89.5M | |
| EBT. Incl. Unusual Items | $2.2B | $2B | $1B | $838.5M | $767.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $635.8M | $556.3M | $296.8M | $236.4M | -$42.8M | |
| Net Income to Company | $2.2B | $2B | $1B | $840.2M | $767.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $1.6B | $1.4B | $720.3M | $602M | $809.9M | |
| Basic EPS (Cont. Ops) | $2.78 | $3.34 | $1.84 | $1.57 | $2.12 | |
| Diluted EPS (Cont. Ops) | $2.78 | $3.34 | $1.84 | $1.57 | $2.12 | |
| Weighted Average Basic Share | $562.4M | $421.3M | $391.3M | $382.7M | $382.8M | |
| Weighted Average Diluted Share | $562.4M | $421.3M | $391.3M | $382.7M | $382.8M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $2.2B | $2B | $1B | $838.5M | $767.1M | |
| Revenue (Reported) | $35.3B | $30.9B | $23.3B | $19.3B | $23.1B | |
| Operating Income (Reported) | $3.3B | $3.2B | $1.4B | $1.8B | $891M | |
| Operating Income (Adjusted) | $2.2B | $2B | $1B | $838.5M | $767.1M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $8.2B | $5.8B | $5.4B | $7.5B | $6B | |
| Revenue Growth (YoY) | -8.56% | -29.8% | -5.71% | 37.2% | -19.13% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $16.4M | $12.5M | $108.7M | -- | -- | |
| Operating Expenses | -$853.8M | -$165.8M | -$395.4M | -$485.5M | -$649.8M | |
| Operating Income | $853.8M | $165.8M | $395.4M | $485.5M | $649.8M | |
| Net Interest Expenses | $4.8M | $3.6M | $7.8M | $17.6M | $48.9M | |
| EBT. Incl. Unusual Items | $493.4M | $435.9M | $288.2M | $397.6M | $568.5M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $136.2M | $170.9M | $84.9M | $116.6M | $167M | |
| Net Income to Company | $1B | $641.6M | $497.9M | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $357.2M | $265M | $203.4M | $281M | $401.5M | |
| Basic EPS (Cont. Ops) | $0.89 | $0.67 | $0.53 | $0.73 | $1.08 | |
| Diluted EPS (Cont. Ops) | $0.89 | $0.67 | $0.53 | $0.73 | $1.08 | |
| Weighted Average Basic Share | $399.5M | $396.3M | $382.7M | $382.8M | $371.4M | |
| Weighted Average Diluted Share | $399.5M | $396.3M | $382.7M | $382.8M | $371.4M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $493.4M | $435.9M | $288.2M | $397.6M | $568.5M | |
| Revenue (Reported) | $8.2B | $5.8B | $5.4B | $7.5B | $6B | |
| Operating Income (Reported) | $853.8M | $165.8M | $395.4M | $485.5M | $649.8M | |
| Operating Income (Adjusted) | $493.4M | $435.9M | $288.2M | $397.6M | $568.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $34.2B | $26.4B | $22.5B | $23.9B | $19.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $126.4M | $229.6M | $179.6M | $148.5M | -- | |
| Operating Expenses | -$3.8B | -$1.7B | -$1.8B | -$2B | -$1B | |
| Operating Income | $3.8B | $1.7B | $1.8B | $2B | $1B | |
| Net Interest Expenses | $23.1M | $17.3M | $42.6M | $48.4M | $154.8M | |
| EBT. Incl. Unusual Items | $1.9B | $1.6B | $870.4M | $920.3M | $1.1B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $460.6M | $569.1M | $155M | $257.9M | $43.6M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $1.4B | $1B | $715.4M | $662.5M | $1B | |
| Basic EPS (Cont. Ops) | $2.89 | $2.58 | $1.86 | $1.73 | $2.76 | |
| Diluted EPS (Cont. Ops) | $2.89 | $2.58 | $1.86 | $1.73 | $2.76 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $1.9B | $1.6B | $870.4M | $920.3M | $1.1B | |
| Revenue (Reported) | $34.2B | $26.4B | $22.5B | $23.9B | $19.1B | |
| Operating Income (Reported) | $3.8B | $1.7B | $1.8B | $2B | $1B | |
| Operating Income (Adjusted) | $1.9B | $1.6B | $870.4M | $920.3M | $1.1B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $16.6B | $11.9B | $11.1B | $15.6B | $11.6B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $21.3M | $23.3M | $119.1M | $82.8M | $22.1M | |
| Operating Expenses | -$1.8B | -$328.6M | -$736.5M | -$888.2M | -$1B | |
| Operating Income | $1.8B | $328.6M | $736.5M | $888.2M | $1B | |
| Net Interest Expenses | $11.2M | $7.5M | $15.5M | $29.4M | $94.6M | |
| EBT. Incl. Unusual Items | $1B | $654.2M | $508.1M | $587.6M | $898.7M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $287.3M | $299.6M | $151.8M | $172.1M | $257.4M | |
| Net Income to Company | $1B | $641.6M | $497.9M | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $734M | $354.6M | $356.3M | $415.5M | $641.3M | |
| Basic EPS (Cont. Ops) | $1.67 | $0.89 | $0.93 | $1.09 | $1.73 | |
| Diluted EPS (Cont. Ops) | $1.67 | $0.89 | $0.93 | $1.09 | $1.73 | |
| Weighted Average Basic Share | $885.8M | $795.7M | $765.5M | $765.5M | $743.3M | |
| Weighted Average Diluted Share | $885.8M | $795.7M | $765.5M | $765.5M | $743.3M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $1B | $654.2M | $508.1M | $587.6M | $898.7M | |
| Revenue (Reported) | $16.6B | $11.9B | $11.1B | $15.6B | $11.6B | |
| Operating Income (Reported) | $1.8B | $328.6M | $736.5M | $888.2M | $1B | |
| Operating Income (Adjusted) | $1B | $654.2M | $508.1M | $587.6M | $898.7M | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $51.2B | $48.1B | $47B | $49.3B | $56.6B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $518.4M | $419.5M | $340.4M | $125.1M | $143.8M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $54.2B | $66.3B | $58.1B | $56.6B | $61B | |
| Property Plant And Equipment | $953.8M | $778.6M | $696.6M | $904.8M | $943.3M | |
| Long-Term Investments | $502.7B | $440.4B | $374.9B | $315.3B | $311.3B | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $1B | $766.9M | $692.9M | $646.2M | $759.2M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $639B | $556.9B | $474.5B | $407.6B | $403.6B | |
| Accounts Payable | $57.9M | $51.5M | $47.3M | $39.7M | $39.8M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $45.4B | $43B | $31.2B | $28.3B | $32.4B | |
| Long-Term Debt | $2.7B | $2.5B | $2.3B | $2.7B | $3.4B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $613.2B | $537B | $456.7B | $385.1B | $381.9B | |
| Common Stock | $4.5B | $4.1B | $3.8B | $3.3B | $3.3B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $25.7B | $19.9B | $17.8B | $22.4B | $21.7B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $25.7B | $19.9B | $17.8B | $22.4B | $21.7B | |
| Total Liabilities and Equity | $639B | $556.9B | $474.5B | $407.6B | $403.6B | |
| Cash and Short Terms | $12.1B | $10.4B | $10.8B | $7.6B | $13.2B | |
| Total Debt | $2.7B | $2.5B | $2.3B | $2.7B | $3.4B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $51.2B | $40.6B | $45.6B | $55.1B | $61B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $354.8M | $290.9M | $108M | $144.1M | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $53.1B | $52.2B | $52.6B | $62B | $64.5B | |
| Property Plant And Equipment | $924.3M | $645.3M | $602.7M | $979M | $941.8M | |
| Long-Term Investments | $491.5B | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $890.4M | $637.9M | $637.9M | $759.6M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $612.5B | $447.3B | $412.7B | $424.9B | $399.4B | |
| Accounts Payable | $56.2M | $43M | $40.9M | $41M | $39.4M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $43.5B | $33B | $27B | $31.9B | $32B | |
| Long-Term Debt | $2.7B | $2.1B | $2.7B | $3.5B | $3.4B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $588.7B | $432.3B | $394.7B | $401.8B | $373.7B | |
| Common Stock | $4.5B | $3.5B | $3.4B | $3.5B | $3.4B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $23.9B | $15.1B | $18B | $23.1B | $25.7B | |
| Total Liabilities and Equity | $612.5B | $447.3B | $412.7B | $424.9B | $399.4B | |
| Cash and Short Terms | $10.8B | $8.2B | $9.2B | $11.6B | -- | |
| Total Debt | $2.7B | $2.1B | $2.7B | $3.5B | $3.4B | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $2.2B | $2B | $1B | $840.2M | $767.7M | |
| Depreciation & Amoritzation | $560M | $485.5M | $291.4M | $285M | $256.6M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -$71.2M | $53.3M | $43.3M | $183M | -$16.9M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$26.5B | -$24.5B | -$22B | -$21.2B | -$10.7B | |
| Capital Expenditures | $304.8M | $263.9M | $237.9M | $598.4M | $378.8M | |
| Cash Acquisitions | -- | -- | $5.9M | $1.4M | -- | |
| Cash From Investing | $26B | $28.4B | $23B | $19.7B | $16.2B | |
| Dividends Paid (Ex Special Dividend) | $201.6M | $539.9M | $264.8M | $246.3M | $248.8M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $1.9B | -- | -- | $688.7M | $652.5M | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | $3.2B | $263.7M | -- | -- | |
| Other Financing Activities | -$9.4K | -$8.9K | -$14.8K | -- | -$13.1K | |
| Cash From Financing | $1.7B | -$3.7B | -$538.2M | $429.9M | $394.5M | |
| Beginning Cash (CF) | $51.2B | $48.1B | $47B | $49.3B | $56.6B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.2B | $166.2M | $499.4M | -$1.1B | $5.9B | |
| Ending Cash (CF) | $52.3B | $48.2B | $47.5B | $48.3B | $62.5B | |
| Levered Free Cash Flow | -$26.8B | -$24.8B | -$22.2B | -$21.8B | -$11.1B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1B | $641.6M | $497.9M | -- | -- | |
| Depreciation & Amoritzation | $272.8M | $144.4M | $139.8M | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $158.7M | $66.4M | $202.3M | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$11.8B | -$10.5B | -$9.2B | -- | -- | |
| Capital Expenditures | $157M | $121.1M | $140M | -- | -- | |
| Cash Acquisitions | -- | -- | -$1.4M | -- | -- | |
| Cash From Investing | $14.3B | $10.1B | $8.2B | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -$387.9M | -$130.1M | -$122M | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $688M | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -$3.3B | -$161M | -- | -- | -- | |
| Other Financing Activities | -$9.1K | -- | -- | -- | -- | |
| Cash From Financing | -$3.7B | -$295.4M | $560.9M | -- | -- | |
| Beginning Cash (CF) | $51.2B | $40.6B | $45.6B | $55.1B | $61B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$1.1B | -$665.2M | -$382.4M | -- | -- | |
| Ending Cash (CF) | $11B | $8.5B | $9.6B | -- | -- | |
| Levered Free Cash Flow | -$12B | -$10.6B | -$9.3B | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | $152.9M | $157M | $121.1M | $140M | $140M | |
| Cash Acquisitions | -- | -- | -- | -$1.4M | -$1.4M | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -$201.3M | -$387.9M | -$130.1M | -$122M | -$122M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1B | $641.6M | $497.9M | -- | -- | |
| Depreciation & Amoritzation | $272.8M | $144.4M | $139.8M | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $158.7M | $66.4M | $202.3M | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$11.8B | -$10.5B | -$9.2B | -- | -- | |
| Capital Expenditures | $157M | $121.1M | $140M | -- | -- | |
| Cash Acquisitions | -- | -- | -$1.4M | -- | -- | |
| Cash From Investing | $14.3B | $10.1B | $8.2B | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -$387.9M | -$130.1M | -$122M | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $688M | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -$3.3B | -$161M | -- | -- | -- | |
| Other Financing Activities | -$9.1K | -- | -- | -- | -- | |
| Cash From Financing | -$3.7B | -$295.4M | $560.9M | -- | -- | |
| Beginning Cash (CF) | $99.5B | $80.6B | $91B | $104.4B | $118B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$1.1B | -$665.2M | -$382.4M | -- | -- | |
| Ending Cash (CF) | $11B | $8.5B | $9.6B | -- | -- | |
| Levered Free Cash Flow | -$12B | -$10.6B | -$9.3B | -- | -- | |
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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.