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DocuSign (DOCU) operating margin by quarter

DocuSign's operating margin was 13.4% in Q2 FY27 (second quarter fiscal 2027), +0.0 pts from Q1 FY27. Over the last 7 quarters it ranged from 7.8% (Q4 FY25) to 13.4% (Q2 FY27).

DocuSign operating margin by quarterDocuSign operating margin by quarter7.8%Q4 FY257.9%Q1 FY268.1%Q2 FY2610.4%Q3 FY2610.5%Q4 FY2613.4%Q1 FY2713.4%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY2713.4%+0.0 pts+5.3 pts
Q1 FY2713.4%+2.9 pts+5.5 pts
Q4 FY2610.5%+0.1 pts+2.7 pts
Q3 FY2610.4%+2.3 pts—
Q2 FY268.1%+0.3 pts—
Q1 FY267.9%+0.1 pts—
Q4 FY257.8%——

Q2 FY27 at a glance

DocuSign, Q2 FY27: revenue $876M (+9% year over year), operating margin 13.4%, net earnings $77.7M, operating cash flow $335M. The chart follows the revenue to costs, profit and cash.

Questions

What is DocuSign's operating margin?

DocuSign's operating margin was 13.4% in Q2 FY27 (second quarter fiscal 2027), +0.0 pts from Q1 FY27.

How has DocuSign's operating margin changed?

Over the last 7 quarters it ranged from 7.8% (Q4 FY25) to 13.4% (Q2 FY27).

Q2 FY27 results → · How DocuSign makes money →