DOCU (Docusign) Operating Cash Flow per Share: $6.04 (TTM As of Apr. 2026)

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DOCU Docusign Inc DOCU
76 GF Score
Price $62.28
GF Value $74.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Docusign Operating Cash Flow per Share?

Docusign DOCU +0.27% 76 Operating Cash Flow per Share is $6.04 as of Apr. 2026. GuruFocus rates DOCU with a GF Score™ of 76/100 and a GF Value™ of $74.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,956 Software companies, Docusign ranks better than 66.51% on this metric.

Docusign's operating cash flow per share for the three months ended in Apr. 2026 was $1.64. Docusign's operating cash flow per share for the trailing twelve months (TTM) ended in Apr. 2026 was $6.04.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Docusign was 25.50% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 30.20% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 28.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.

The historical rank and industry rank for Docusign's Operating Cash Flow per Share or its related term are showing as below:

DOCU' s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: -2.1   Med: 36.65   Max: 66
Current: 30.2

During the past 11 years, Docusign's highest 3-Year average Operating Cash Flow per Share Growth Rate was 66.00% per year. The lowest was -2.10% per year. And the median was 36.65% per year.

DOCU's 3-Year OCF Growth Rate is ranked better than
66.51% of 1956 companies
in the Software industry
Industry Median: 15.7 vs DOCU: 30.20

Docusign Operating Cash Flow per Share Related Terms


Docusign Operating Cash Flow per Share Historical Data

* Premium members only.

The historical data trend for Docusign's Operating Cash Flow per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Docusign Operating Cash Flow per Share Chart

Docusign Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 2.52 4.69 4.84 5.57

Docusign Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 1.17 1.40 1.84 1.64

DOCU vs FROG, BSY, MANH: Operating Cash Flow per Share Comparison

For the Software - Application subindustry, Docusign's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Docusign Price-to-Operating-Cash-Flow vs Software Industry

For the Software industry and Technology sector, Docusign's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Docusign's Price-to-Operating-Cash-Flow falls into.


DOCU
76GF Score
Docusign Inc DOCU
Operating Cash Flow per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Docusign Operating Cash Flow per Share Calculation

Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.

Docusign's Operating Cash Flow per Share for the fiscal year that ended in Jan. 2026 is calculated as

Operating Cash Flow per Share (A: Jan. 2026 )=Cash Flow from Operations (A: Jan. 2026 )/Shares Outstanding (Diluted Average) (A: Jan. 2026 )
=1165.007/209.118
=5.57

Docusign's Operating Cash Flow per Share for the quarter that ended in Jan. 2026 is calculated as

Operating Cash Flow per Share (Q: Apr. 2026 )=Cash Flow from Operations (Q: Apr. 2026 )/Shares Outstanding (Diluted Average) (Q: Apr. 2026 )
=321.688/196.480
=1.64

Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Operating Cash Flow per Share of $6.04 mean?
Docusign (DOCU) has a Operating Cash Flow per Share of $6.04 as of Apr. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Docusign and its competitors. According to the industry distribution chart, Docusign ranks #655 out of 1956 companies in the Software industry, placing it in the top 33.5%.
Is Docusign's Operating Cash Flow per Share too high?
Docusign's current Operating Cash Flow per Share is $6.04. The Software industry median Operating Cash Flow per Share is 15.70. Docusign's value of $6.04 is 61.5% below this industry median. Based on the distribution chart, Docusign ranks #655 out of 1956 companies in the Software industry, which is above the industry midpoint. Overall, Docusign has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Docusign's Operating Cash Flow per Share compare to FROG and BSY?
According to the Software industry distribution chart, Docusign ranks #655 out of 1956 companies for Operating Cash Flow per Share. This puts Docusign in the upper half of its industry. The industry median Operating Cash Flow per Share is 15.70. Docusign's value of $6.04 is 61.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for a Software company?
The median Operating Cash Flow per Share among Software companies is 15.70, based on 1,956 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docusign's current Operating Cash Flow per Share of $6.04 is 61.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Docusign and its competitors. For the Software industry, the median Operating Cash Flow per Share is 15.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docusign's current Operating Cash Flow per Share is $6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docusign stock overvalued right now?
Based on GuruFocus' analysis, Docusign (DOCU) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.27, compared to a current price of $62.28 — trading 16.1% below its estimated fair value. The current Operating Cash Flow per Share is $6.04 and 61.5% below the Software industry median of 15.70. Docusign's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For Docusign (DOCU), the current Operating Cash Flow per Share is $6.04 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Docusign (DOCU) Overvalued in 2026?

Based on GuruFocus' analysis, Docusign stock appears to be undervalued. The current stock price of $62.28 is trading 16.1% below its estimated GF Value™ of $74.27. GuruFocus considers Docusign to be Modestly Undervalued.

Key valuation signals for DOCU:

  • Operating Cash Flow per Share: $6.04
  • GF Value™: $74.27 vs. price of $62.28 (16.1% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 61.5% below the Software median (#655 of 1956)

No single metric tells the full story. See the DOCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Docusign Business Description

Address 221 Main Street, Suite 800, San Francisco, CA, USA, 94105
Docusign offers Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its initial public offering in 2018.
76GF Score

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Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.28
Price
$74.27
GF Value