Docusign ( (DOCU) ) has released its Q3 earnings. Here is a breakdown of the information Docusign presented to its investors.
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Docusign, Inc. is a leading provider of electronic signature solutions and contract lifecycle management, operating primarily in the technology sector. The company is recognized for its innovative Intelligent Agreement Management (IAM) platform, which facilitates the creation, management, and execution of agreements for businesses worldwide.
In its third quarter fiscal 2026 earnings report, Docusign reported strong financial performance with significant growth in revenue and profitability. The company highlighted an 8% year-over-year increase in total revenue, reaching $818.4 million, with subscription revenue contributing $801.0 million. CEO Allan Thygesen attributed this success to robust customer investment in the IAM platform and improved operational efficiency.
Key financial metrics from the report include a 10% year-over-year increase in billings to $829.5 million and a notable rise in net income per diluted share to $0.40 from $0.30 in the previous year. The company also reported a substantial increase in free cash flow, amounting to $262.9 million, up from $210.7 million in the same period last year. Docusign’s strategic initiatives included expanding its AI ecosystem integrations and launching new capabilities within its IAM platform, further solidifying its market position.
Docusign’s forward-looking guidance anticipates continued growth, with expected revenue for the next quarter ranging between $825 million and $829 million, reflecting a 7% year-over-year increase. The company remains optimistic about its future prospects, driven by ongoing customer adoption of its IAM platform and strategic partnerships.
Overall, Docusign’s latest earnings report underscores its strong market position and strategic focus on innovation and customer engagement, setting a positive tone for future growth and development in the digital agreement space.