Docusign Reports Strong Fiscal Year 2025 Performance

San Francisco, March 13, 2025 – Docusign, Inc. (NASDAQ: DOCU) announced fourth-quarter and fiscal year 2025 financial results, highlighting strong revenue growth and profitability.

Q4 Financial Highlights
Total revenue: $776.3M (+9% YoY)
Subscription revenue: $757.8M (+9% YoY)
Billings: $923.2M (+11% YoY)
GAAP net income per diluted share: $0.39 (vs. $0.13 last year)
Non-GAAP net income per diluted share: $0.86 (vs. $0.76 last year)
Free cash flow: $279.6M (vs. $248.6M last year)
Full-Year 2025 Highlights
Total revenue: $2.98B (+8% YoY)
Subscription revenue: $2.90B (+8% YoY)
Billings: $3.1B (+7% YoY)
GAAP net income per diluted share: $5.08 (vs. $0.36 last year)
Stock repurchases: $683.5M (vs. $145.5M last year)
Key Business Developments
Expansion of Intelligent Agreement Management (IAM) platform, including AI-powered features and new global availability.
Docusign + Microsoft Power Automate integration for automated workflows.
AI-Assisted Review for Contract Lifecycle Management (CLM) to streamline negotiations.
Outlook for FY 2026
Revenue forecast: $3.13B to $3.14B
Billings forecast: $3.3B to $3.35B
Non-GAAP operating margin: 27.8% to 28.8%
CEO Allan Thygesen emphasized Docusign’s AI-powered transformation, positioning the company for continued strong growth.