Financial Performance - Total revenue for Q2 FY2025 was $736.0 million, a 7% increase year-over-year[1] - Subscription revenue reached $717.4 million, also a 7% increase year-over-year[1] - Billings amounted to $724.5 million, reflecting a 2% year-over-year increase[1] - GAAP net income per diluted share was $4.26, compared to $0.04 in the same period last year[1] - Non-GAAP net income per diluted share was $0.97, up from $0.72 year-over-year[1] - Free cash flow for the quarter was $197.9 million, compared to $183.6 million in the same period last year[1] - Total revenue for the three months ended July 31, 2024, was $736,027,000, representing a 7% increase from $687,687,000 in the same period of 2023[18] - Subscription revenue increased to $717,366,000 for the three months ended July 31, 2024, compared to $669,367,000 in the prior year, marking an increase of 7%[18] - Net income for the three months ended July 31, 2024, was $888,211,000, significantly higher than $7,395,000 in the same period of 2023[18] - Basic net income per share attributable to common stockholders was $4.34 for the three months ended July 31, 2024, compared to $0.04 in the same period of 2023[18] - The company reported a total revenue of $1,445,667,000 for the six months ended July 31, 2024, compared to $1,349,075,000 for the same period in 2023, marking an increase of approximately 7.1%[31] Guidance and Projections - The company expects total revenue for Q3 FY2025 to be between $743 million and $747 million[3] - Non-GAAP gross margin guidance for Q3 FY2025 is projected to be between 81.0% and 82.0%[3] Operational Changes - Docusign launched its Intelligent Agreement Management platform, with applications now available in the U.S. and select international markets[2] - Docusign appointed Paula Hansen as President and Chief Revenue Officer and Sagnik Nandy as Chief Technology Officer[2] Assets and Liabilities - Total assets increased to $3,753,941,000 as of July 31, 2024, from $2,971,290,000 as of January 31, 2024, representing a growth of 26%[20] - Cash and cash equivalents decreased to $619,064,000 as of July 31, 2024, down from $797,060,000 as of January 31, 2024[20] - Total liabilities decreased to $1,792,535,000 as of July 31, 2024, from $1,841,551,000 as of January 31, 2024[20] - Stockholders' equity increased to $1,961,406,000 as of July 31, 2024, compared to $1,129,739,000 as of January 31, 2024, reflecting a growth of 74%[20] Cash Flow and Expenses - Net cash provided by operating activities for the six months ended July 31, 2024, was $475,034, compared to $444,651 for the same period in 2023, reflecting an increase of about 6.8%[22] - Total cash, cash equivalents, and restricted cash at the end of the period was $628,027, down from $1,022,980 at the end of the same period in 2023[22] - Stock-based compensation expense for the three months ended July 31, 2024, was $164,656, compared to $151,707 in the same period of 2023, marking an increase of about 8.5%[22] - The company reported a net cash used in investing activities of $176,110 for the three months ended July 31, 2024, compared to $64,723 for the same period in 2023[22] - Total cash used in financing activities for the six months ended July 31, 2024, was $(408,942), compared to $(90,251) for the same period in 2023[29] Profitability Metrics - Non-GAAP gross profit for the three months ended July 31, 2024, was $605,036, up from $565,791 in the same period last year, indicating a growth of approximately 6.9%[24] - GAAP gross margin for the three months ended July 31, 2024, was 78.9%, slightly up from 78.8% in the same period of 2023[24] - Non-GAAP subscription gross profit for the three months ended July 31, 2024, was $604,249, compared to $569,248 in the same period last year, showing an increase of approximately 6.1%[24] - GAAP subscription gross profit for the three months ended July 31, 2024, was $584,994, up from $553,182 in the same period last year, indicating a growth of approximately 5.7%[24] - Non-GAAP operating margin for the three months ended July 31, 2024, was 32.2%, compared to 24.7% for the same period in 2023[27] - GAAP income from operations for the three months ended July 31, 2024, was $57,801, significantly higher than $6,612 for the same period in 2023[27] Contractual Obligations - Contract liabilities and refund liability at the end of the period were $1,334,461,000, up from $1,233,894,000 at the end of the previous year, indicating a growth of approximately 8.2%[31] - Contract assets and unbilled accounts receivable at the beginning of the period were $17,179,000, down from $22,936,000, showing a decrease of about 25.3%[31] - The beginning balance of contract liabilities and refund liability was $1,340,680,000, compared to $1,210,965,000 in the previous year, reflecting an increase of approximately 10.7%[31] - The company experienced a decrease in contract assets and unbilled accounts receivable at the end of the period to $17,461,000 from $22,358,000, a decline of about 21.5%[31] - Total non-GAAP billings for the six months ended July 31, 2024, were $1,434,046,000, compared to $1,385,957,000 for the same period in 2023, indicating an increase of approximately 3.5%[31]

SAN FRANCISCO, Sept. 5, 2024 /PRNewswire/ -- Docusign, Inc. (NASDAQ: DOCU) today announced results for its fiscal quarter ended July 31, 2024. Prepared remarks and the news release with the financial results will be accessible on Docusign's website at investor.docusign.com prior to its webcast. "Docusign continued its evolution with improved business stability and increased efficiency, resulting in record operating profit," said Allan Thygesen, CEO of Docusign. "We're proud that we began shipping our Intell ...

DocuSign, Inc. (DOCU) will report its second-quarter fiscal 2025 results on Sep. 5, after the bell. The Zacks Consensus Estimate for earnings in the to-be-reported stands at 80 cents, indicating 11.1% growth | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|---- ...

Wall Street analysts expect DocuSign (DOCU) to post quarterly earnings of $0.80 per share in its upcoming report, which indicates a year-over-year increase of 11.1%. Revenues are expected to be $726.15 million, up 5.6% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company announces its earnings, it is essential to ...

DocuSign (DOCU) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this provider of electronic signature technology have returned +5.6% over the past month versus the Zacks S&P 500 composite's +2.2% change. The Zacks Technology Services industry, to which DocuSign belongs, has lost 0.6% over this period. Now the key question is: Where could the stock be hea ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

SAN FRANCISCO, Aug. 15, 2024 /PRNewswire/ -- Docusign (Nasdaq: DOCU) today announced that its second quarter fiscal 2025 results will be released on Thursday, September 5, 2024, after the close of the market. The company will host a conference call at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time) to discuss its financial results. A live webcast of the event will be available on the Docusign Investor Relations website at investor.docusign.com. A live dial-in will be available domestically ...

DocuSign Inc (NASDAQ:DOCU) is 1.5% higher at $56.41 this afternoon, extending a bounce off support at the $49 region. The equity is about to hit familiar pressure at the $57 region, however, and could add to its 5.2% year-to-date deficit, as the recent uptick has it flashing a historically bearish signal. More specifically, DocuSign stock just came within one standard deviation of its 100-day moving average. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, five similar signals occ ...

The tech sector has offered many opportunities to multiply money. Artificial intelligence (AI), e-commerce and online advertising are some of the tech avenues that have propelled corporations and indices to all-time highs. However, every sector is filled with bad apples that can hurt shareholders and leave them trailing the S&P 500. Some tech stocks look promising and enjoy significant rallies only to fizzle out once revenue growth slows down. Many high-flying tech companies risk this fate. While these firm ...

SDI Productions/E+ via Getty Images DocuSign (NASDAQ:DOCU) is down around -8.7% year-to-date and I see this as an opportunity to buy at a fair valuation with a strong cash flow and balance sheet. Second quarter earnings coming soon DocuSign is slated to report its second-quarter earnings on September 5 and this is a good time to analyze the potential for stock gains. The company reported its first-quarter eamings on June 6 and the stock suffered due to concerns over its gross margins and guidance. For the q ...