Core Insights - Docusign reported strong financial performance in Q1 2025, achieving significant revenue growth and surpassing 10,000 Intelligent Agreement Management customers [2][6]. Financial Performance - Total revenue for Q1 2025 was $763.7 million, an 8% increase year-over-year, with subscription revenue at $746.2 million, also an 8% increase [6]. - Professional services and other revenue decreased by 4% year-over-year to $17.5 million [6]. - Billings reached $739.6 million, marking a 4% year-over-year increase [6]. - GAAP net income per basic share was $0.35, up from $0.16 in the same period last year [6]. - Non-GAAP net income per diluted share was $0.90, compared to $0.82 in the same period last year [6]. Key Business Highlights - Docusign expanded its Intelligent Agreement Management (IAM) platform capabilities, announcing new features at the Momentum25 NYC conference [3]. - The company introduced AI-driven innovations, including the Docusign Iris AI engine and AI contract agents designed to enhance workflow efficiency [7][8]. - The company launched integrations with Salesforce to streamline sales processes [7]. Guidance - For the quarter ending July 31, 2025, Docusign expects total revenue between $777 million and $781 million, with subscription revenue projected between $760 million and $764 million [12]. - For the fiscal year ending January 31, 2026, total revenue is expected to be between $3.151 billion and $3.163 billion [13]. Stock Repurchase Program - Docusign's board authorized an increase to its stock repurchase program by an additional $1.0 billion, bringing the total remaining authorization to $1.4 billion [15].