DocuSign Reports Q2 Earnings with Strong Revenue Growth, Raised Guidance
DocuSign (DOCU) delivered second-quarter results exceeding revenue and operating margin guidance in fiscal 2027. The company reported $876 million in revenue, a 9% year-over-year increase driven by the expansion of its Intelligent Agreement Management (IAM) platform. IAM now accounts for 15.1% of total annual recurring revenue (ARR), up from 12.6% in Q1 and reflecting increased adoption across customer workflows. The company raised full-year revenue guidance to $3.499 billion–$3.507 billion, citing second-quarter outperformance and expected growth for the remainder of fiscal 2027. Free cash flow reached $296 million with a margin of 34%, supported by operating leverage improvements. DocuSign also increased its share repurchase program to $2.1 billion remaining available at quarter-end. Non-GAAP diluted EPS rose 26% year-over-year to $1.16, driven by improved performance and reduced shares outstanding due to buybacks.
Tickers: $DOCU
Topics: customer_growth free_cash_flow guidance_update non-gaap_operating_margin revenue_growth