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Docusign Announces Fourth Quarter and Fiscal Year 2025 Financial Results
DOCUDocuSign(DOCU) Prnewswire·2025-03-13 20:05

Core Insights - Docusign experienced significant growth in fiscal 2025, launching its AI-powered Intelligent Agreement Management (IAM) platform, which has gained rapid traction with customers [2][6] - The company reported strong revenue growth and profitability in Q4, positioning itself well for future opportunities [2] Financial Highlights - Total revenue for Q4 was 776.3million,a9776.3 million, a 9% year-over-year increase, with subscription revenue also increasing by 9% to 757.8 million [5] - For the fiscal year, total revenue reached 2.98billion,an82.98 billion, an 8% year-over-year increase, with subscription revenue at 2.90 billion, also an 8% increase [5] - Billings for Q4 were 923.2million,an11923.2 million, an 11% year-over-year increase, while total billings for the fiscal year were 3.1 billion, a 7% increase [5] - GAAP net income per diluted share for Q4 was 0.39,comparedto0.39, compared to 0.13 in the same period last year, and for the fiscal year, it was 5.08comparedto5.08 compared to 0.36 [5] - Non-GAAP net income per diluted share for Q4 was 0.86,upfrom0.86, up from 0.76 year-over-year, and for the fiscal year, it was 3.55comparedto3.55 compared to 2.98 [5] Operational Highlights - Docusign's IAM platform was globally released in December 2024, enhancing its offerings for sales and enterprise customers [6][10] - The company launched Docusign for Developers in November 2024, allowing partners to build integrations on IAM [7] - The IAM platform includes features such as Identity Wallet for secure identity management and AI-assisted contract review tools [8][10] Guidance - For the quarter ending April 30, 2025, Docusign expects total revenue between 745millionand745 million and 749 million, with subscription revenue between 729millionand729 million and 733 million [11] - For the fiscal year ending January 31, 2026, total revenue is expected to be between 3.129billionand3.129 billion and 3.141 billion [12] Cash Flow and Stock Repurchase - Net cash provided by operating activities for Q4 was 307.9million,comparedto307.9 million, compared to 270.7 million in the same period last year [5] - Free cash flow for Q4 was 279.6million,upfrom279.6 million, up from 248.6 million year-over-year [5] - The company repurchased 161.7millionincommonstockduringQ4and161.7 million in common stock during Q4 and 683.5 million for the fiscal year [5]