DocuSign Cash Flow Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	302.27	1,068	73.98	-97.45	-69.98	-243.27
Depreciation & Amortization	387.1	345.58	299.97	276.27	231.45	198.48
Stock-Based Compensation	616.72	610.34	616.85	538.73	408.54	286.88
Other Adjustments	-2.37	-814.81	25.7	44.92	38.06	-17.31
Change in Receivables	-57.58	2.08	71.68	-75.96	-117.38	-73.91
Changes in Accounts Payable	0.84	7.64	-4.83	-26.44	12.15	12.13
Changes in Accrued Expenses	51.41	32.17	40.45	5.56	11.96	101.74
Changes in Unearned Revenue	136.62	129.85	152.25	143.18	250.48	267.75
Changes in Other Operating Activities	-339.32	-363.45	-296.53	-302.04	-258.82	-235.53
Operating Cash Flow	1,096	1,017	979.53	506.76	506.47	296.95
Operating Cash Flow Growth	11.80%	3.85%	93.29%	0.06%	70.55%	156.67%
Capital Expenditures	-107.77	-96.99	-92.39	-77.65	-61.4	-82.4
Purchases of Investments	-400.61	-412.61	-336.87	-537.46	-385.88	-173.53
Proceeds from Sale of Investments	382.96	340.33	473.87	423.92	290.75	517.52
Payments for Business Acquisitions	-	-143.61	-	-	-6.39	-180.37
Investing Cash Flow	-125.42	-312.88	44.61	-191.2	-162.91	81.23
Long-Term Debt Issued	-	-	-	-	-	677.37
Long-Term Debt Repaid	-	-	-726.98	-0.02	-77.91	-384.2
Net Long-Term Debt Issued (Repaid)	-	-	-726.98	-0.02	-77.91	293.17
Issuance of Common Stock	53.39	58.02	46.99	49.2	69.81	54.16
Repurchase of Common Stock	-761.73	-683.53	-145.52	-63.04	-	-
Net Common Stock Issued (Repurchased)	-708.34	-625.51	-98.53	-13.84	69.81	54.16
Other Financing Activities	-287.36	-213.28	-120.53	-84.4	-386.52	-406.31
Financing Cash Flow	-998.83	-838.79	-946.04	-98.26	-394.62	-58.98
Effect of Exchange Rate Changes on Cash and Cash Equivalents	8.06	-7.55	0.2	-3.78	-5.59	5.65
Net Cash Flow	-20.49	-141.95	78.3	213.52	-56.66	324.85
Free Cash Flow	987.93	920.28	887.14	429.11	445.07	214.56
Free Cash Flow Growth	7.35%	3.74%	106.74%	-3.59%	107.43%	391.54%
FCF Margin	31.27%	30.92%	32.12%	17.06%	21.12%	14.77%
Free Cash Flow Per Share	4.67	4.38	4.25	2.14	2.26	1.16
Levered Free Cash Flow	431.16	1,123	-554.07	-78.59	37.94	312.07
Unlevered Free Cash Flow	390.34	915.89	123.91	-76.57	121.11	77.88

Updated Dec 4, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q