DocuSign raises annual forecast as AI-powered contract tools gain traction

Movers Written by: Angela Harmantas 10:56 Fri 04 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. DocuSign raises annual forecast as AI-powered contract tools gain traction Published: 10:56 04 Sep 2026 EDT DocuSign Inc (NASDAQ:DOCU) reported second-quarter revenue and profit that beat Wall Street estimates and raised its full-year revenue guidance, as the company's newer AI-driven contract management products continue to gain share of its overall business. Revenue for the fiscal second quarter came in at $875.7 million, above the $867 million analysts had estimated and up 9% from a year earlier. Adjusted earnings per share of $1.16 topped the $1.09 estimate, a 26% increase year-over-year. Free cash flow reached $295.8 million, well ahead of the $234 million forecast. The company's Intelligent Agreement Management (IAM) offering accounted for 15.1% of total annual recurring revenue in the quarter. For fiscal 2027, DocuSign now expects revenue of $3.5 billion to $3.51 billion, roughly in line with the $3.5 billion analyst estimate. The company raised its annual recurring revenue growth outlook to a range of 8.5% to 9% and said it expects IAM to represent approximately 18% to 19% of total ARR by the end of the fourth quarter. Non-GAAP operating margin for the year is now guided at 31% to 31.5%. For the third quarter, DocuSign guided revenue of $886 million to $890 million, slightly below the $889 million estimate, with non-GAAP operating margin expected between 31.3% and 31.7%. Other second-quarter metrics included non-GAAP gross margin of 81.7%, down 30 basis points from a year earlier, and net cash from operations of $334.5 million. Analysts at UBS described the results as another "fine/in-line" quarter, noting constant-currency revenue growth of 8% matched expectations and that the raised full-year guidance was a modest step up rather than a re-rating catalyst. The bank said DocuSign's IAM push has yet to meaningfully accelerate overall revenue growth, which remains similar to the 8-10% pace reported in each of the past three fiscal years, even as the AI-driven offering now makes up 15% of ARR. Shares of Docusign added around 2.7% on Friday morning. Continue reading