DocuSign, Inc. recently released its 10-Q report, providing a comprehensive overview of the company's financial performance and operations. DocuSign, Inc. offers electronic signature solutions, including an AI-powered intelligent agreement management platform, e-signature solutions, Contract Lifecycle Management (CLM), Document Generation, Notary services, and more. The company generates revenue mainly from sales of subscriptions, which accounted for 98% of its revenue in both the three and six months ended July 31, 2025.
In the "ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS" section, DocuSign, Inc. highlighted its focus on investing in customer success through professional services, with revenue from professional and other non-subscription services accounting for the remaining portion of its total revenue. The company emphasized its strategy to evolve its go-to-market channels and its efforts to target growth opportunities and expand its reach in the market.
Financially, DocuSign, Inc. reported total revenue of $800,636,000 for the three months ended July 31, 2025, compared to $736,027,000 for the same period in 2024. For the six months ended July 31, 2025, the company reported total revenue of $1,564,290,000, as opposed to $1,445,667,000 for the same period in 2024. The company's income from operations was $65,227,000 for the three months ended July 31, 2025, and $125,482,000 for the six months ended July 31, 2025. Additionally, DocuSign, Inc. reported a net income of $62,970,000 for the three months ended July 31, 2025, and $135,057,000 for the six months ended July 31, 2025.
The company highlighted key factors affecting its performance, including its plans to invest for growth, with a focus on product innovation, strengthening its omnichannel go-to-market strategy, and enhancing operational and financial efficiency. DocuSign, Inc. also emphasized its growing customer base, with over 1.7 million customers as of July 31, 2025, and its efforts to increase international revenue, which represented 29% of its total revenue in the three and six months ended July 31, 2025. The company expressed its belief in the substantial opportunity to increase its international customer base through technology investments and strategic partnerships.
In terms of revenue sources, DocuSign, Inc. primarily derives revenue from the sale of subscriptions and professional services. Subscription revenue consists of fees for the use of its software platform and access to customer support, while professional services revenue includes fees associated with deployment and integration services. The company also discussed its cost of revenue, gross profit, and gross margin, as well as its operating expenses, including sales and marketing, research and development, general and administrative, and restructuring and other related charges.
Following these announcements, the company's shares moved 4.75%, and are now trading at a price of $79.86. Check out the company's full 10-Q submission here.
