Docusign (DOCU)
NASDAQ:DOCU
Want to see DOCU full AI Analyst Report?
Earnings Data
Report Date
Sep 03, 2026After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
1.08Last Year’s EPS
0.92Same Quarter Last Year
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: double-digit ARR mix gains for IAM, solid revenue growth (+9% YoY), improved operating margin (32.0%), robust free cash flow (35% margin) and aggressive share repurchases. Product and AI innovation, meaningful partnerships and new pricing models position DocuSign for further enterprise expansion. Challenges noted include ongoing cloud migration pressure on gross margins, the early stage of IAM enterprise penetration, rep/partner enablement needs, and near-term comparability headwinds from last year’s elevated digital usage. On balance, the strengths and forward-looking execution plans materially outweigh the challenges.Company Guidance
Revenue Growth
Q1 revenue of $830 million, up 9% year-over-year (approximately +1.6 percentage points benefit from FX).
Strong Profitability and Operating Margin Expansion
Non-GAAP operating income of $266 million, up 18% year-over-year, and non-GAAP operating margin of 32.0%, a 2.5 percentage point improvement versus Q1 FY26.
Robust Free Cash Flow and Capital Deployment
Free cash flow of $289 million representing a 35% margin (up from 30% a year ago). Company repurchased $318 million of stock in the quarter, the largest quarterly buyback in company history.
EPS Improvement
Non-GAAP diluted EPS of $1.09 versus $0.90 last year, a 21% year-over-year increase. GAAP diluted EPS was $0.40 versus $0.34, an 18% improvement.
IAM Adoption and ARR Contribution
IAM represented 12.6% of total ARR in Q1 (up from 10.8% last quarter). Management is on track to target IAM ~18% of total ARR by fiscal year-end (~$600M+ IAM ARR).
ARR and Revenue Guidance for FY27
Company expects ARR growth of 8.25%–8.75% (midpoint 8.5%) to end Q4 FY27 at over $3.5 billion. Fiscal 2027 revenue guidance is $3.490B–$3.502B, roughly +9% YoY at midpoint; Q2 revenue guide $865M–$869M (~+8% YoY at midpoint).
Customer Metrics and Consumption Trends
Total customers grew ~9% YoY to nearly 1.9 million. Dollar net retention (DNR) exceeded 102%, improving by more than 1 percentage point YoY and up sequentially for seven quarters. Consumption (envelopes/contract utilization) reached multi-year highs across most segments.
Enterprise Expansion and Large Customer Momentum
Number of customers spending over $300K ACV grew to 1,258, accelerating 12% YoY (first double-digit growth in three years). IAM bookings grew fastest YoY in North America enterprise in Q1.
AI and Product Innovation
Iris AI platform and agentic capabilities expanded; >200 million consented private agreements processed; AI-assisted code shipping rose to ~75% of new code (from 60% last quarter); AI processing costs optimized by >50x versus direct LLM prompting.
Partnerships, Integrations and Pricing Innovation
New/expanded partnerships and integrations with Anthropic, OpenAI, Harvey, Legora, Thomson Reuters CoCounsel, Coupa, Workday, Greenhouse, Salesforce Slack, Stripe; launched IAM Platform Plan (credit-based pricing) for enterprises; >1,100 third-party integrations.
Operational Progress and Balance Sheet Strength
Majority of on-prem to cloud data center migrations completed; ended quarter with ~ $1 billion cash and no debt; diluted weighted average shares outstanding down 8% YoY to 196.5 million, supporting EPS.
Recognition and Leadership Additions
Received industry recognitions (Fast Company Most Innovative Companies 2026; Newsweek Most Trusted Software) and welcomed new Chief Product Officer Graham Sheldon to lead product strategy.
DOCU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DOCU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2026 | $50.94 | $47.26 | -7.22% |
Mar 17, 2026 | $47.54 | $48.90 | +2.86% |
Dec 04, 2025 | $71.10 | $65.67 | -7.64% |
Sep 04, 2025 | $76.24 | $79.86 | +4.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Docusign (DOCU) report earnings?
Docusign (DOCU) is schdueled to report earning on Sep 03, 2026, After Close (Confirmed).
What is Docusign (DOCU) earnings time?
Docusign (DOCU) earnings time is at Sep 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DOCU EPS forecast?
DOCU EPS forecast for the fiscal quarter 2027 (Q2) is 1.08.
