DocuSign

DocuSign (DOCU) Q3 2026 Earnings

Reported Dec 4, 2025 at 4:06 PM ET · SEC Source

Q3 26 EPS

$1.01

BEAT +10.30%

Est. $0.92

Q3 26 Revenue

$818.4M

BEAT +1.35%

Est. $807.4M

vs S&P Since Q3 26

-40.4%

TRAILING MARKET

DOCU -32.4% vs S&P +8.1%

Market Reaction

Did DOCU Beat Earnings? Q3 2026 Results

DocuSign delivered one of its strongest quarters in recent memory during fiscal Q3 2026, posting revenue of $818.35 million, up 8.4% year-over-year and ahead of the $807.42 million consensus estimate, while non-GAAP diluted EPS of $1.01 beat expectat… Read more DocuSign delivered one of its strongest quarters in recent memory during fiscal Q3 2026, posting revenue of $818.35 million, up 8.4% year-over-year and ahead of the $807.42 million consensus estimate, while non-GAAP diluted EPS of $1.01 beat expectations of $0.92 by 10.30%. The primary engine behind the beat was subscription revenue, which climbed 9% year-over-year to $800.96 million, underscoring the durability of DocuSign's recurring revenue base even as professional services declined. CEO Allan Thygesen credited the results as among the most robust for top-line growth and profitability over the past two years, with billings rising 10% to $829.46 million and free cash flow surging to $262.90 million. The company's Intelligent Agreement Management platform crossing 25,000 customers added a strategic dimension to the financial story, signaling that its AI-driven expansion is gaining traction. Looking ahead, DocuSign guided Q4 revenue of $825 million to $829 million and reaffirmed full-year FY2026 revenue of approximately $3.21 billion, representing 8% growth, though the stock dipped nearly 5% following the print amid broader investor caution.

Key Takeaways

  • Growing customer investment in the IAM platform, surpassing 25,000 customers
  • Strong subscription revenue growth of 9% year-over-year
  • Improved operational efficiency driving non-GAAP operating margin expansion to 31.4%
  • Billings growth of 10% year-over-year to $829.5 million
  • Approximately 0.5% positive impact from foreign exchange rates on revenue growth
24/7 Wall St

DOCU YoY Financials

Q3 2026 vs Q3 2025, source: SEC Filings

24/7 Wall St

DOCU Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 26 Q4 26

“Q3 was a strong quarter with growing customer investment into the IAM platform, where we now have more than 25,000 customers.”

— Allan Thygesen, Q3 2026 Earnings Press Release