NASDAQ$DOCU

DocuSign Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

DocuSign reported Q2 fiscal 2026 revenue of $800.6M with net income of $63.0M and diluted EPS of $0.30.

Total revenue was $800.6 million for the quarter ended July 31, 2025, with net income of $63.0 million and diluted EPS of $0.30. Subscription revenue growth and IAM expansion supported billings and operating margin improvement.

  • Q2 revenue $800.6M; net income $63.0M; diluted EPS $0.30.
  • Subscription revenue drives recurring revenue mix.
  • IAM and agreement-cloud upsell support net retention.
  • Macro IT spending and seat growth remain key variables.

Headline financials

Total Revenue

$801M

Previous: $736M+8.8%
EPS (adj)

$0.30

Previous: $4.26-93.0%
Total Billings

$818M

Previous: $725M+12.9%
Capital Expenditures

-$52M

Previous: -$45M-15.6%
Free Cash Flow

$10.9M

Previous: $843M-98.7%
Net Income

$63M

Previous: $888M-92.9%
Operating Income

$65.2M

Previous: $57.8M+12.8%
Gross Profit

$635M

Previous: $581M+9.4%

Revenue & EPS history

DocuSign · Revenue · Quarterly

$801M

Q2 2026+8.8%vs Q2 2025
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

DocuSign · $701M total across 2 segments · Q3 2024

  • Subscription
    $682M+9.3%
  • Professional Services
    $18.1M-15.5%

Forward guidance

The release discusses DocuSign's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • DocuSign cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

-0.9%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+0.1%

Avg return

30 days after

48%

16 / 33 earnings

Positive

+27.4%

Q3 2025

Best reaction

-41.5%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-7.3%-11.3%
Q4 2026+1.8%+2.6%-3.8%
Q3 2026-7.7%-3.2%-8.8%
Q2 2026+4.7%+3.4%-8.5%
Q1 2026+0.0%+1.4%+2.3%
Q4 2025+14.8%+14.6%-0.5%
Q3 2025+27.4%+14.1%+7.4%
Q2 2025+3.1%-5.0%+11.2%
Q1 2025-2.8%-2.7%+1.7%
Q4 2024+6.7%+11.5%+13.3%
Q3 2024+5.0%+18.2%+15.4%
Q2 2024-4.9%-12.1%-20.2%
Q1 2024-0.3%-3.4%-13.1%
Q4 2023-24.3%-15.5%-14.0%
Q3 2023+16.8%+37.9%+29.6%
Q2 2023+16.1%+10.5%-13.3%
Q1 2023-26.8%-36.4%-26.2%
Q4 2022-23.5%-21.8%+4.0%
Q3 2022-41.5%-39.9%-34.0%
Q2 2022+4.3%-1.9%-13.3%
Q1 2022+16.3%+20.8%+39.0%
Q4 2021-1.1%-0.7%+0.1%
Q3 2021+11.7%+7.9%+2.1%
Q2 2021-18.4%-22.5%-17.7%
Q1 2021-5.3%-3.8%+29.5%
Q4 2020+3.1%-5.4%+20.8%
Q3 2020+8.0%+4.0%+7.9%
Q2 2020+20.1%+27.9%+33.2%
Q1 2020-9.7%-10.2%-2.2%
Q4 2019-2.1%-1.7%-4.2%
Q3 2019-4.4%+0.5%-1.4%
Q2 2019-10.8%-16.8%-30.2%
Q1 2019+1.0%+7.8%-4.2%
Q3 2017
Q2 2017
Q1 2017

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