DocuSign Inc (DOCU)

Gross profit margin

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Gross profit US$ in thousands 2,355,080 2,189,260 1,979,830 1,640,760 1,088,990
Revenue US$ in thousands 2,976,740 2,755,040 2,509,530 2,100,770 1,390,400
Gross profit margin 79.12% 79.46% 78.89% 78.10% 78.32%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,355,080K ÷ $2,976,740K
= 79.12%

DocuSign Inc's gross profit margin has remained consistently strong over the past five years. Starting at 78.32% on January 31, 2021, it saw a slight decrease to 78.10% on January 31, 2022, before steadily increasing to 78.89% on January 31, 2023, and further improving to 79.46% on January 31, 2024. The latest reported gross profit margin as of January 31, 2025, stands at 79.12%. This upward trend indicates efficient cost management and effective pricing strategies, contributing to the company's profitability and overall financial health.