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Interested in Docusign Inc.? Here are five stocks we like better.
DocuSign posted solid Q1 results, with revenue up 9% year over year to $830 million and non-GAAP operating income rising 18%. Free cash flow reached $289 million, and the company completed a record $318 million stock buyback during the quarter.
AI-native IAM is becoming a bigger growth driver for the company, with 40,000 customers now using the platform and IAM reaching 12.6% of total ARR, up from 10.8% last quarter. Management said it remains on track for IAM to represent about 18% of ARR by fiscal 2027 year-end.
Docusign maintained its fiscal 2027 outlook, forecasting about 9% full-year revenue growth and continued margin expansion. The company also highlighted new AI product launches and partnerships, including integrations with Anthropic, Harvey, and others to deepen its agreement workflow platform.
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