For the year ending 2026-01-31, DOCU had -$41,404K decrease in cash & cash equivalents over the period. $1,058,562K in free cash flow.
| Cash Flow | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
|---|---|---|---|---|
| Net income | 309,085 | 1,067,885 | 73,980 | -97,454 |
| Depreciation and amortization | 116,081 | 107,804 | 95,062 | 86,255 |
| Amortization of deferred contract acquisition and fulfillment costs | 271,067 | 237,217 | 200,163 | 185,045 |
| Amortization of debt discount and transaction costs | 775 | 554 | 4,749 | 4,970 |
| Loss on extinguishment of debt | - | - | - | 0 |
| Operating cash flow related to repayments of convertible senior notes | - | - | - | 0 |
| Non-cash operating lease costs | 18,903 | 19,065 | 21,310 | 27,501 |
| Stock-based compensation expense | 622,321 | 610,335 | 616,847 | 538,726 |
| Deferred income taxes | 4,713 | -839,989 | 6,292 | 1,697 |
| Other | -2,958 | -6,111 | 1,904 | -15,723 |
| Accounts receivable | 91,742 | -2,075 | -71,681 | 75,964 |
| Prepaid expenses and other current assets | 15,200 | 17,634 | 657 | 5,038 |
| Deferred contract acquisition and fulfillment costs | 271,544 | 302,166 | 255,159 | 232,315 |
| Other assets | 1,941 | 22,002 | 15,432 | 22,319 |
| Accounts payable | -15,148 | 7,638 | -4,826 | -26,440 |
| Accrued expenses and other liabilities | 26,257 | 2,935 | 6,473 | 7,340 |
| Accrued compensation | 29,515 | 29,236 | 33,979 | -1,781 |
| Contract liabilities | 177,203 | 129,854 | 152,247 | 143,177 |
| Operating lease liabilities | -18,296 | -21,646 | -25,279 | -42,364 |
| Net cash provided by operating activities | 1,165,007 | 1,017,272 | 979,526 | 506,759 |
| Cash paid for acquisition, net of acquired cash | 0 | 143,611 | 0 | 0 |
| Purchases of marketable securities | 409,599 | 411,236 | 336,221 | 533,710 |
| Sales of marketable securities | - | - | 0 | 0 |
| Maturities of marketable securities | 389,989 | 340,334 | 473,869 | 423,917 |
| Purchases of strategic and other investments | 726 | 1,375 | 645 | 3,750 |
| Purchases of property and equipment | 106,445 | 96,988 | 92,391 | 77,654 |
| Net cash provided by (used in) investing activities | -126,781 | -312,876 | 44,612 | -191,197 |
| Proceeds from issuance of convertible senior notes, net of initial purchasers' discounts and transaction costs | - | - | - | 0 |
| Purchase of capped calls related to issuance of convertible senior notes | - | - | - | 0 |
| Repayments of convertible senior notes | 0 | 0 | 726,979 | 16 |
| Payment of revolving credit facility costs | 3,133 | - | - | 0 |
| Repurchases of common stock | 869,086 | 683,528 | 145,515 | 63,041 |
| Settlement of capped calls, net of related costs | 0 | 0 | 23,688 | - |
| Payment of tax withholding obligation on net rsu settlement and espp purchase | 269,713 | 213,282 | 144,218 | 84,403 |
| Proceeds from exercise of stock options | 1,250 | 22,705 | 13,991 | 12,678 |
| Proceeds from employee stock purchase plan | 40,780 | 35,314 | 32,994 | 36,526 |
| Net cash used in financing activities | -1,099,902 | -838,791 | -946,039 | -98,256 |
| Effect of foreign exchange on cash, cash equivalents and restricted cash | 20,272 | -7,550 | 199 | -3,784 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -41,404 | -141,945 | 78,298 | 213,522 |
| Cash, cash equivalents and restricted cash at beginning of period | 659,554 | 801,499 | 723,201 | 509,679 |
| Cash, cash equivalents and restricted cash at end of period | 618,150 | 659,554 | 801,499 | 723,201 |
DOCUSIGN, INC. (DOCU)
DOCUSIGN, INC. (DOCU)