Company / R&D Expense
Docusign R&D Expense History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$539.5M
FY2026
5-year range
$480.6M / $665.0M
FY2022-FY2026
Trend
-18.9%
vs FY2025
Sector context
#67 of 264
Information Technology
What the data says
Docusign's r&d expense of $539M is higher than 75% of companies in the Information Technology sector (FY2026). R&D Expense has fluctuated over the past 10 years, ranging from $90M in FY2019 to $665M in FY2025.
Based on SEC 10-K filings.
$539M in FY2026 with a 5-year CAGR of +6.5%.
Declined from $588M to $539M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +0.0%
- 5-Year CAGR
- +6.5%
- 10-Year CAGR
- -
Sector benchmark
Top 25% in Information TechnologyTop 25% of 264This company $539.5M Sector average $924.6M
▼
-41.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.5%, indicating consistent growth.
- In FY2026, r&d expense decreased 18.9% year-over-year.
- Ranks #67 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2025.
Company context
Key Data Points
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $539.5M | -18.9% |
| FY2025 | $665.0M | +13.0% |
| FY2024 | $588.5M | +9.1% |
| FY2023 | $539.5M | +12.3% |
| FY2022 | $480.6M | +22.2% |
| FY2021 | $393.4M | +44.9% |
| FY2020 | $271.5M | +202.9% |
| FY2019 | $89.7M | -51.8% |
| FY2018 | $186.0M | +101.2% |
| FY2017 | $92.4M | +3.1% |
As of FY2026 · SEC Form 10-K · Last checked Jul 2, 2026