Docusign Announces Third Quarter Fiscal 2026 Financial Results

About this update from Docusign, Inc.

[{"type":"text","content":"SAN FRANCISCO, Dec. 4, 2025 /PRNewswire/ -- Docusign, Inc. (NASDAQ: DOCU) today announced results for its fiscal quarter ended October 31, 2025. Prepared remarks and the news release with the financial results will be accessible on Docusign's website at investor.docusign.com prior to its webcast.\n \n \n \n \n \n \n \n\"Q3 was a strong quarter with growing customer investment into the IAM platform, where we now have more than 25,000 customers,\" said Allan Thygesen, CEO of Docusign. \"Continued strong execution and improved efficiency led to one of the most robust top line growth and profitability quarters over the past two years.\"Third Quarter Financial HighlightsRevenue was $818.4 million, a 8% year-over-year increase including approximately 0.5% positive impact from foreign exchange rates. Subscription revenue was $801.0 million, a 9% year-over-year increase. Professional services and other revenue was $17.4 million, a 14% year-over-year decrease.Billings were $829.5 million, a 10% year-over-year increase including approximately 0.5% positive impact of foreign currency exchange rates.GAAP gross margin was 79.2% compared to 79.3% in the same period last year. Non-GAAP gross margin was 81.8% compared to 82.5% in the same period last year.GAAP net income per basic share was $0.41 on 202 million shares outstanding compared to $0.31 on 204 million shares outstanding in the same period last year.GAAP net income per diluted share was $0.40 on 208 million shares outstanding compared to $0.30 on 209 million shares outstanding in the same period last year.Non-GAAP net income per diluted share was $1.01 on 208 million shares outstanding compared to $0.90 on 209 million shares outstanding in the same period last year.Net cash provided by operating activities was $290.3 million compared to $234.3 million in the same period last year.Free cash flow was $262.9 million compared to $210.7 million in the same period last year.Cash, cash equivalents, and investments were $1.0 billion at the end of the quarter.Repurchases of common stock were $215.1 million compared to $172.7 million in the same period last year.A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading \"Non-GAAP Financial Measures and Other Ke...

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