DocuSign Inc (DOCU)

Pretax margin

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 247,985 93,679 -89,881 -66,914 -229,492
Revenue US$ in thousands 2,976,740 2,755,040 2,509,530 2,100,770 1,390,400
Pretax margin 8.33% 3.40% -3.58% -3.19% -16.51%

January 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $247,985K ÷ $2,976,740K
= 8.33%

The pretax margin of DocuSign Inc has shown a notable improvement over the past few years. Starting at a negative 16.51% in January 31, 2021, the company managed to reduce its losses significantly, reaching a pretax margin of -3.19% by January 31, 2022, and further improving to -3.58% by January 31, 2023. The company finally turned profitable with a pretax margin of 3.40% by January 31, 2024, indicating efficient cost management and revenue growth. By January 31, 2025, DocuSign Inc's pretax margin further increased to 8.33%, demonstrating sustained profitability and potentially robust financial performance.