Docusign, Inc. (NASDAQ: DOCU) announced its financial results for the third quarter of fiscal 2026, reporting strong performance and growth in customer investment.
Key highlights include revenue of $818.4 million, billings of $829.5 million, and GAAP gross margin of 79.2%.
The company also achieved significant growth in non-GAAP net income and free cash flow compared to the same period last year.
Revenue and Billings
Revenue reached $818.4 million with a 8% year-over-year increase, while billings were $829.5 million, showcasing a 10% growth.
Gross Margin
GAAP gross margin was 79.2%, and non-GAAP gross margin was 81.8%, demonstrating strong profitability.
Net Income
GAAP net income per diluted share was $0.40, and non-GAAP net income per diluted share was $1.01, indicating improved financial performance.
- The financial results reflect Docusign's successful execution and efficiency improvements, leading to robust top-line growth and profitability.
- The company's focus on the IAM platform and customer investment has resulted in a positive impact on revenue and billings, highlighting a growing customer base.
Docusign's third quarter results demonstrate a solid performance with significant revenue and billings growth, indicating positive momentum for the company.