DocuSign beats Q4 revenue estimates; increases share buyback

Docusign

17/03/2026 20:17

Overview

U.S. e-signature platform's Q4 revenue grew 8% yr/yr, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company announced $2.0 bln increase to share repurchase program

Outlook

DocuSign sees current-qtr revenue between $822 mln and $826 mln, up 8% YoY

Company expects full-yr revenue between $3,484 mln and $3,496 mln, up 8% YoY

DocuSign guides full-yr non-GAAP gross margin to 81.5% to 82.0%

Result Drivers

AI-NATIVE PLATFORM EXPANSION - Co said FY growth was driven by continued evolution of its Intelligent Agreement Management platform, including integration of AI-native features across the agreement lifecycle

SUBSCRIPTION REVENUE GROWTH - Subscription revenue rose 8% yr/yr, helping drive overall revenue growth in Q4

Company press release: ID:nPn4y9K5Qa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$836.90 mln
$827.84 mln (16 Analysts)
Q4 Adjusted EPS
Beat
$1.01
$0.95 (17 Analysts)
Q4 EPS
$0.44
Q4 Gross Margin
79.7%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 17 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for DocuSign Inc is $75.00, about 60.2% above its March 16 closing price of $46.82

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)