DocuSign Inc (DOCU)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Gross profit (ttm)	US$ in thousands	2,355,080	2,303,518	2,263,011	2,224,554	2,189,261	2,146,932	2,105,077	2,048,452	1,979,827	1,907,051	1,820,618	1,733,202	1,640,762	1,520,706	1,376,310	1,229,840	1,088,989	966,491	868,937	791,779
Revenue (ttm)	US$ in thousands	2,976,595	2,911,020	2,855,044	2,805,112	2,755,038	2,702,285	2,647,448	2,581,905	2,509,526	2,430,813	2,330,784	2,220,407	2,100,770	1,912,819	1,743,995	1,568,345	1,390,396	1,265,570	1,132,554	1,026,368
Gross profit margin		79.12%	79.13%	79.26%	79.30%	79.46%	79.45%	79.51%	79.34%	78.89%	78.45%	78.11%	78.06%	78.10%	79.50%	78.92%	78.42%	78.32%	76.37%	76.72%	77.14%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,355,080K ÷ $2,976,595K
= 79.12%

DocuSign Inc has shown a generally consistent and strong gross profit margin trend over the past few years, as evidenced by the data provided. The company's gross profit margin has been steadily improving, with some minor fluctuations quarter over quarter. Starting from April 2020 at 77.14%, the gross profit margin has gradually increased to 79.12% as of January 2025.

This improvement in the gross profit margin indicates that DocuSign Inc has been effectively managing its production costs and maintaining a healthy level of profitability in relation to its revenue. The company's ability to sustain and enhance its gross profit margin over time reflects positively on its operational efficiency and pricing strategies, which are essential factors for long-term financial sustainability and growth.

Overall, the consistent upward trend in the gross profit margin of DocuSign Inc suggests that the company is effectively controlling its cost of goods sold and generating higher profits from its core business operations. This financial metric is indicative of the company's ability to generate sufficient gross profit to cover its operating expenses and contribute to its bottom line.