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    DOCUSIGN (DOCU)

    Q1 2026 Earnings Summary

    Reported on Jun 6, 2025 (After Market Close)
    Pre-Earnings Price$92.90Last close (Jun 5, 2025)
    Post-Earnings Price$76.78Open (Jun 6, 2025)
    Price Change
    $-16.12(-17.35%)
    MetricYoY ChangeReason

    Total Revenue

    7.6% increase (from $709.640M to $763.654M)

    Total revenue grew by 7.6% in Q1 2026, driven by the continued strength in subscription revenue and overall product innovations, building on previous period improvements observed in Q1 2025. This growth reflects a sustained focus on digital channels and market expansion that began in earlier periods.

    Subscription Revenue

    7.9% increase (from $691.483M to $746.202M)

    The 7.9% increase in subscription revenue is a result of effective customer acquisition and increased usage from existing customers, echoing the 8% growth seen in FY 2025. Continued investments in digital channels and customer engagement initiatives have built on prior period momentum to drive this improvement.

    Professional Services and Other Revenue

    3.7% decline (from $18.157M to $17.452M)

    The modest 3.7% decline in Professional Services and Other revenue reflects a strategic shift away from non-subscription services in favor of subscription growth, aligning with cost and headcount reductions noted in previous periods. This trend is consistent with past efforts to streamline operations and redirect focus to higher-growth areas.

    U.S. Revenue

    7.6% increase (from $510.94M to $549.83M)

    U.S. revenue increased by 7.6%, driven by strong domestic market performance and a growing base of both existing and new customers, continuing the trend from Q1 2025. The improvement is supported by a robust go-to-market strategy and enhanced digital channels that were initiated in earlier periods.

    International Revenue

    9.4% increase (from $198.70M to $217.446M)

    International revenue saw a 9.4% boost, outpacing domestic growth thanks to focused investments in market expansion and localized product offerings, a strategy that began yielding results in prior periods. Enhanced international sales initiatives and tailored product innovations have significantly contributed to this higher growth rate.

    MetricPeriodGuidanceActualPerformance
    Total Revenue
    Q1 2026
    $745M to $749M
    763.654M
    Beat
    Subscription Revenue
    Q1 2026
    $729M to $733M
    746.202M
    Beat

    Research analysts covering DOCUSIGN.