DOCU DocuSign margins

Relative Growth: Rel. Growth: 48

Relative Strength: Rel. Strength: 84

Relative Valuation: Rel. Valuation: 32

Relative Profitability: Rel. Profitability: 86

Gross margin

79.5%

Operating margin

12%

EBITDA margin

17.4%

Net margin

9.8%

For the latest period, DocuSign has a gross margin of 79.5%, an operating margin of 12%, an EBITDA margin of 17.4%, and a net margin of 9.8%. All measured margins increased year over year, led by operating margin with an increase of 4.1 percentage points.

DOCU margin history

Gross, operating, EBITDA and net margin trends

DocuSign's margins averaged 79.27% gross, 6.33% operating, 12.41% EBITDA, and 16.48% net during the last 3 years. At present, gross, operating, and EBITDA margins are above their three-year averages, while net margin is below its three-year average.

DOCU margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 4.1 percentage points.

Gross margin expansion

0.2pp

Operating margin expansion

4.1pp

EBITDA margin expansion

3.6pp

Net margin expansion

0.7pp

DOCU Gross margin

Over the last 3 years, DocuSign had an average gross margin of 79.27%. Against its three-year average, DocuSign's gross margin is currently 79.5%, 0.2 percentage points above its three-year average. Looking back over the last 3 years, DocuSign's gross margin reached 79.5% at its highest point in Jul 2026 and 79.1% at its lowest in Oct 2024.

DOCU Operating margin

The average operating margin for DocuSign was 6.33% during the last 3 years. At present, the current operating margin for DocuSign is 12%, 5.7 percentage points above its three-year average. The operating margin for DocuSign moved between 0.8% in Oct 2023 and 12% in Jul 2026.

DOCU EBITDA margin

Across the last 3 years, DocuSign's EBITDA margin averaged 12.41%. The current EBITDA margin stands at 17.4%, 5 percentage points above its three-year average. EBITDA margin was highest at 17.4% in Jul 2026 and lowest at 7.1% in Oct 2023.

DOCU Net margin

Over the last 3 years, DocuSign's net margin averaged 16.48%. The current net margin of 9.8% is 6.7 percentage points below its three-year average. During this period, net margin reached a high of 36.5% in Apr 2025 and a low of 1.9% in Oct 2023.

DOCU margin group comparison

Margins compared with peer-group, industry and sector averages

DocuSign's gross margin of 79.5% is above the Technology sector and the industry average. Compared to its Technology sector average of 52.1%, DocuSign's gross margin is 53% higher.

DOCU margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is DocuSign's gross margin?

As of Jul 31, 2026, DOCU has a gross margin of 79.5%.

What is DocuSign's operating margin?

As of Jul 31, 2026, DOCU has an operating margin of 12%.

What is DocuSign's EBITDA margin?

The current EBITDA margin for DOCU is 17.4% as of Jul 31, 2026.

What is DocuSign's net margin?

For the period ending Jul 31, 2026, DOCU recorded a net margin of 9.8%.

What are the average margins of DOCU?

Across the last 3 years, DOCU averaged 79.3% gross, 6.3% operating, 12.4% EBITDA, and 16.5% net.

What are the highest historical margins of DOCU?

Across the 5-year period, DOCU posted its highest margins at 79.5% gross in Jul 2026, 12% operating in Jul 2026, 17.4% EBITDA in Jul 2026, and 36.5% net in Apr 2025.

What are the lowest historical margins of DOCU?

Over this 5-year history, DocuSign's margins fell as low as 77.7% gross in Oct 2021, -4.6% operating in Oct 2022, -0.3% EBITDA in Oct 2022, and -5.7% net in Oct 2021.