DocuSign, Inc.
DOCUUSDocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally. The company's core offering is an e-signature solution that empowers businesses to digitally prepare, execute, finalize, and manage various agreements. Beyond its foundational e-signature service, DocuSign offers an extensive suite of tools for digital agreement management. This includes Contract Lifecycle Management (CLM) to streamline agreement workflows, and Insights, which leverages artificial intelligence to analyze agreements based on legal concepts and clauses. For Salesforce users, there's Gen, enabling sales teams to quickly generate agreements, and Negotiate, providing functionalities like approvals, document comparisons, and version control. Customers can also utilize Analyzer to comprehend documents before signing, and the advanced CLM+ for AI-driven contract lifecycle management. Further enhancing its platform, DocuSign provides Guided Forms for interactive, step-by-step completion of complex documents; Click for managing standard terms and consents that don't require a traditional signature; and Identify, a feature for verifying signer identity using government-issued IDs. It also supports Standards-Based Signatures involving digital certificates, offers Payments for collecting both signatures and financial transactions, and facilitates notarization remotely through its Remote Online Notary solution, which uses audio-visual technology and identity verification. Monitor provides sophisticated analytics for tracking DocuSign eSignature account activity across web, mobile, and API interfaces. DocuSign also caters to specific industries with specialized cloud offerings. These include Rooms for Real Estate, designed to help brokers and agents digitally manage the entirety of real estate transactions; Rooms for Mortgage, a digital workspace for originating and closing mortgages; FedRAMP, a government-authorized version of DocuSign eSignature for U.S. federal agencies; and life sciences modules that ensure compliance with industry-specific electronic signature regulations. The company distributes its products through a combination of direct sales, partner-assisted channels, and Web-based sales, serving a diverse clientele ranging from large enterprises to commercial businesses and small companies. DocuSign, Inc. was established in 2003 and is headquartered in San Francisco, California.
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- Sector
- Application Software
- Sub-sector
- Customer & Revenue Applications
- Listing
- DOCU
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 19% | 10% | 8% | 8% | 8% | 8% |
| Revenue | $2.11B | $2.52B | $2.76B | $2.98B | $3.22B | $3.47B | $3.74B |
| Gross Profit | $1.64B | $1.98B | $2.19B | $2.36B | $2.56B | — | — |
| Gross Profit Margin | 77.9% | 78.7% | 79.3% | 79.1% | 79.4% | — | — |
| EBITDA | $22M | $5M | $196M | $357M | $603M | $1.23B | $1.32B |
| EBITDA Margin | 1.1% | 0.2% | 7.1% | 12.0% | 18.7% | 35.4% | 35.4% |
| EBIT | ($62M) | ($88M) | $32M | $200M | $299M | $921M | $992M |
| Net Income | ($70M) | ($97M) | $74M | $1.07B | $309M | $913M | $1.04B |
| Free Cash Flow | $445M | $429M | $887M | $920M | $1.06B | — | — |
| FCF Margin | 21.1% | 17.1% | 32.1% | 30.9% | 32.9% | — | — |
| Short-Term Debt | $0M | $723M | $0M | $0M | $0M | — | — |
| Long-Term Debt | $718M | $0M | $0M | $0M | $0M | — | — |
| Cash & Cash Equivalents | $509M | $722M | $797M | $649M | $602M | — | — |
| Net Debt | $209M | $0.99M | ($797M) | ($649M) | ($602M) | — | — |
| Net Debt / EBITDA | 9.4x | 0.2x | -4.1x | -1.8x | -1.0x | — | — |
| Rule of 40 | — | 36.5% | 41.9% | 38.7% | 41.0% | — | — |