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DOCUSIGN, INC. (DOCU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJan-31-23Jan-31-22Jan-31-21Jan-31-20Jan-31-19Jan-05-19Jan-31-18Jan-31-17
   10-K10-K10-K10-K10-K8-K10-K10-K
Revenue:          
Total revenue  2,515.92,107.21,453.0974.0701.0701.0518.5381.5
            Total revenue growth  19.4%45.0%49.2%38.9%35.2% 35.9%52.3%
Cost of revenue:          
Total cost of revenue  536.1466.5364.1243.2192.474.7118.3102.5
    Gross profit  1,979.81,640.81,089.0730.7508.5508.5400.2279.0
            Gross margin  78.7%77.9%74.9%75.0%72.5%72.5%77.2%73.1%
   
Operating expenses:          
Sales and marketing  1,242.71,076.5798.6591.4539.6539.6277.9240.8
Research and development  480.6393.4271.5185.6186.0186.092.489.7
General and administrative  316.2232.8192.7147.3209.3209.381.564.4
Restructuring and other related charges  28.3       
    Total operating expenses  2,067.91,702.61,262.8924.2934.9934.9451.9394.8
    Loss from operations  -88.0-61.9-173.9-193.5-426.3-426.3-51.7-115.8
            Operating margin  -3.5%-2.9%-12.0%-19.9%-60.8%-60.8%-10.0%-30.4%
Interest expense  -6.4-6.4-30.8-29.3-10.8-10.8-0.6-0.6
Interest income and other income (expense), net  4.51.48.919.29.0 3.11.4
    Income (loss) before provision for income taxes  -89.9-66.9-229.5-203.6-428.2 -49.1-115.1
Provision for income taxes  7.63.113.84.8-1.8-1.83.10.4
    Net income (loss)  -97.5-70.0-243.3-208.4-426.5-426.5-52.3-115.4
   
Net income (loss) per share attributable to common stockholders:          
Basic (in usd per share)  ($0.49)($0.36)($1.31)($1.18)($3.16)($3.16)($1.66)($4.17)
Diluted (in usd per share)  ($0.49)($0.36)($1.31)($1.18)($3.16)($3.16)($1.66)($4.17)
   
Weighted-average number of shares used in computing net income (loss) per share attributable to common stockholders:          
Basic (in shares)  200.9196.7185.8176.7135.2135.232.328.0
Diluted (in shares)  200.9196.7185.8176.7    
   
Other comprehensive income (loss):          
Foreign currency translation gain (loss), net of tax  -15.3-7.97.5-0.6-5.6 6.10.7
    Other comprehensive income (loss)  -18.2-9.86.60.3-5.4 6.10.7
    Comprehensive income (loss)  -115.6-79.7-236.6-208.1-431.8 -46.1-114.8
   
Stock-based compensation expense included in costs and expenses:          
Stock-based compensation expense  538.7408.5286.9206.4411.0368.929.735.4

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