Core Insights - DocuSign reported quarterly results that exceeded Wall Street expectations, with earnings of $1.01 per share and revenue of $818.4 million, surpassing estimates of $0.91 and $807.09 million respectively [1][2] - Despite strong performance, the company's shares fell more than 7% intra-day following the announcement [1] - For fiscal 2026, DocuSign raised its revenue outlook to between $3.208 billion and $3.212 billion, aligning with analysts' forecasts [3] Financial Performance - Third-quarter earnings were $1.01 per share, exceeding analysts' estimates of $0.91 [1] - Revenue increased to $818.4 million, surpassing expectations of $807.09 million [1] - Billings rose by 10%, matching Street projections [1] Management Commentary - CEO Allan Thygesen noted that the quarter benefited from growing customer investment in the IAM platform, highlighting strong execution and improved efficiency [2] - The quarter was described as one of DocuSign's strongest growth and profitability periods in two years [2] Future Outlook - For fiscal 2026, revenue guidance was raised by $15 million at the midpoint, now expected to be between $3.208 billion and $3.212 billion [3] - The midpoint of billings guidance was lifted by $44 million [3] - The company plans to discontinue billings reporting and guidance starting in fiscal 2027, transitioning to ARR as its primary growth metric [3]