DOCUSIGN, INC. has recently released its 10-Q report, providing a comprehensive overview of the company's financial condition and operational results. DocuSign, Inc. offers electronic signature solutions, including an AI-powered intelligent agreement management (IAM) platform, e-signature solutions, Contract Lifecycle Management (CLM), Document Generation, Gen for Salesforce, Identify, Standards-Based Signatures, Monitor, Notary, and Web Forms. The company generates its revenue primarily from sales of subscriptions, professional and other non-subscription services, and on-premises solutions. As of July 31, 2025, DocuSign had over 1.7 million customers and more than a billion users worldwide, utilizing its solutions to simplify the process of doing business.
In the second quarter of 2025, DocuSign reported total revenue of $800.6 million, compared to $736.0 million in the same period in 2024. The total costs and expenses for the quarter were $735.4 million, up from $678.2 million in 2024. The company's income from operations was $65.2 million, an increase from $57.8 million in the second quarter of 2024. Net income for the quarter was $63.0 million, down from $88.2 million in the same period in 2024. Additionally, net cash provided by operating activities was $246.1 million, compared to $220.2 million in 2024.
DocuSign's revenue is primarily derived from the sale of subscriptions, which accounted for 98% of its revenue in each of the three and six months ended July 31, 2025. The company also generates revenue from professional and other non-subscription services, which accounted for the remainder of the total revenue in the same periods. DocuSign's international revenue represented 29% of its total revenue in each of the three and six-month periods ended July 31, 2025, compared to 28% in the same periods in 2024. The company has been investing in its international selling efforts, aiming to increase its customer base by leveraging and expanding investments in technology, direct sales force, and strategic partnerships around the world.
DocuSign's long-term strategy includes evolving its go-to-market channels from a historically direct sales-driven approach to investing in three routes to market: direct sales, partner-assisted sales, and digital self-service purchasing. The company aims to accelerate product innovation through research and development investments for its IAM platform, strengthen its omnichannel go-to-market strategy, and enhance operational and financial efficiency to scale effectively and sustainably.
As of July 31, 2025, DocuSign had over 1.7 million customers, including over 271,000 small and medium-sized businesses, mid-market companies, and large enterprise customers served by its direct sales force. The company's international revenue increased by 12% in the six months ended July 31, 2025, compared to the same period in 2024. DocuSign has been focusing on growing its customer base, catering to businesses of all scales, and expanding its reach in the market through diverse customer acquisition strategies. The market has reacted to these announcements by moving the company's shares 4.75% to a price of $79.86. If you want to know more, read the company's complete 10-Q report here.
