DocuSign Stock Surges 20% Following Strong Quarterly Earnings
The e-document company exceeded analyst expectations on revenue and profit, raised its annual forecast, and reported significant customer growth.
- DocuSign reported Q3 fiscal 2025 revenue of $754.8 million, an 8% year-over-year increase, surpassing analyst estimates of $745.3 million.
- The company achieved a net income of $62.4 million, doubling analyst projections and up from $38.8 million in the same quarter last year.
- Subscription revenue grew 8% year-over-year to $734.7 million, while billings rose 9% to $752.3 million.
- DocuSign raised its full-year fiscal 2025 revenue forecast to a range of $2.959 billion to $2.963 billion, reflecting confidence in its growth trajectory.
- The company also reported 11% year-over-year growth in new customers, reaching a total of 1.6 million customers.