Virtual document signing platform DocuSign Q2 revenue beats estimates

Docusign

04/09/2025 21:16

Overview

DocuSign fiscal Q2 revenue rises 9% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q2 beats consensus

Company repurchased $201.5 mln of common stock during the quarter

Outlook

DocuSign expects Q3 revenue between $804 mln and $808 mln

Company forecasts Q3 subscription revenue of $786 mln to $790 mln

DocuSign projects FY revenue of $3.189 bln to $3.201 bln

Company anticipates FY subscription revenue of $3.121 bln to $3.133 bln

Result Drivers

AI INNOVATION - Launches of AI-powered IAM capabilities drove strong performance across eSignature, CLM, and IAM businesses

GO-TO-MARKET CHANGES - Recent changes in go-to-market strategies contributed to one of DocuSign's highest growth and profitability quarters

NEW CAPABILITIES - Introduction of features like Docusign ID Verification with CLEAR and Custom Extractions in Navigator enhanced agreement management efficiency

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$800.60 mln
$780.20 mln (14 Analysts)
Q2 Adjusted EPS
Beat
$0.92
$0.84 (15 Analysts)
Q2 EPS
$0.3
Q2 Gross Margin
79.3%
Q2 Adjusted Gross Margin
82.0%
Q2 Billings
$818 mln
Q2 Free Cash Flow
$217.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 16 "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 $85.50, about 11.2% above its September 3 closing price of $75.90

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nPn7SMRX0a

(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.)