DOCUSIGN, INC. recently released its 10-Q report for the quarter ended April 30, 2026. The company provides electronic signature and agreement-management software in the U.S. and internationally, centered on its AI-powered intelligent agreement management platform, e-signature, contract lifecycle management, and document generation tools. It also offers signer identification, standards-based signatures, analytics, remote online notarization, web forms, and real estate transaction tools, and sells through direct, partner-assisted, and digital self-service channels.
In Item 2, management said the quarter reflected continued scale in a subscription-heavy business, with subscriptions accounting for 98% of revenue in both the April 30, 2026 and April 30, 2025 periods. Revenue rose to $830.2 million from $763.7 million a year earlier, while total costs and expenses increased to $718.9 million from $703.4 million. Income from operations nearly doubled to $111.3 million from $60.3 million, and net income edged up to $78.2 million from $72.1 million.
Cash generation also improved. Net cash provided by operating activities increased to $321.7 million from $251.4 million, while purchases of property and equipment rose to $32.3 million from $23.6 million. Cash, cash equivalents, restricted cash and investments stood at $1.0 billion at April 30, 2026.
Management highlighted three operating priorities: expanding IAM as an end-to-end platform, increasing the company’s AI and data advantage through IAM, and broadening go-to-market channels beyond direct sales. The customer base reached nearly 1.9 million total customers as of April 30, 2026, including about 284,000 direct customers, up from over 1.7 million total customers and about 268,000 direct customers a year earlier. Customers with more than $300,000 in annualized contract value increased to 1,258 from 1,123.
International revenue grew 17% year over year and represented 31% of total revenue, compared with 28% in the prior-year quarter. The company said it has more than 1,100 active partner integrations and continues to invest in direct sales, partner channels, and digital self-service purchasing. The market has reacted to these announcements by moving the company's shares -7.22% to a price of $47.26. If you want to know more, read the company's complete 10-Q report here.
