DocuSign cut its billings forecast for the full fiscal year, while billings for the fiscal first quarter fell short of estimates. The downbeat forecast overshadowed the company's better-than-expected earnings and revenue results.
Docusign (NASDAQ:DOCU) shares plunged more than 17% in early trade on Friday as the electronic document signing company reported mixed earnings for the fiscal first quarter. A billings miss and lower fiscal 2026 billings guidance overshadowed beats on the top and bottom lines.
DocuSign beat earnings and revenue estimates for Q1'26. The company remained highly FCF profitable and expanded its core subscription business. The market overreacted to lower billings, causing a 17% share price drop after-hours, which I see as a buying opportunity given the company's fundamentals. DocuSign generated solid free cash flow margins of 30% and raised its FY 2026 revenue outlook.
4 Jun 2025 Date | | - Cons. EPS | - EPS |
5 Mar 2025 Date | | 0.85 Cons. EPS | 0.86 EPS |
5 Dec 2024 Date | | 0.87 Cons. EPS | 0.9 EPS |
5 Sep 2024 Date | | 0.8 Cons. EPS | 0.97 EPS |
6 Jun 2024 Date | | 0.79 Cons. EPS | 0.82 EPS |
4 Jun 2025 Date | | - Cons. EPS | - EPS |
5 Mar 2025 Date | | 0.85 Cons. EPS | 0.86 EPS |
5 Dec 2024 Date | | 0.87 Cons. EPS | 0.9 EPS |
5 Sep 2024 Date | | 0.8 Cons. EPS | 0.97 EPS |
6 Jun 2024 Date | | 0.79 Cons. EPS | 0.82 EPS |
Software - Application Industry | Technology Sector | Mr. Allan C. Thygesen CEO | NASDAQ (NGS) Exchange | 256163106 Cusip |
US Country | 6,838 Employees | - Last Dividend | - Last Split | 27 Apr 2018 IPO Date |
DocuSign, Inc. is a pioneering company known for its electronic signature solution, operating both in the United States and internationally. Founded in 2003 and headquartered in San Francisco, California, DocuSign has effectively revolutionized the way agreements are sent and signed across the globe. By integrating its services across various devices, and catering to a broad spectrum of compliance needs, including those of U.S. federal government agencies and life sciences, the company has positioned itself as a key player in digital transaction management. DocuSign sells its innovative products through a combination of direct sales, partner-assisted sales, and digital self-service purchasing methods, showcasing its versatility and commitment to customer convenience and security.