DocuSign Q1 FY25 Revenue Rises to $726.2M

Ticker: DOCU · Form: 10-Q · Filed: 2024-06-07T00:00:00.000Z

Sentiment: bullish

Topics: earnings, revenue-growth, software

TL;DR

DocuSign's Q1 revenue up YoY, subscription revenue hits $697.9M.

AI Summary

DocuSign, Inc. filed its 10-Q for the period ending April 30, 2024. The company reported subscription and circulation revenue of $697.9 million for the first quarter of fiscal year 2025, an increase from $672.1 million in the same period last year. Professional services and other revenue also saw a slight increase from $28.0 million to $28.3 million year-over-year.

Why It Matters

This filing provides investors with an update on DocuSign's financial performance, indicating continued growth in its core subscription business.

Risk Assessment

Risk Level: low — This is a routine quarterly filing with no immediate red flags or significant negative developments.

Key Numbers

$697.9M — Subscription and Circulation Revenue (Q1 FY25 revenue, showing growth from $672.1M in Q1 FY24.)
$28.3M — Professional Services and Other Revenue (Q1 FY25 revenue, a slight increase from $28.0M in Q1 FY24.)
$726.2M — Total Revenue (Sum of subscription and professional services revenue for Q1 FY25.)

Key Players & Entities

DocuSign, Inc. (company) — Filer of the 10-Q
20240430 (date) — End of the reporting period
$697.9 million (dollar_amount) — Subscription and circulation revenue for Q1 FY25
$672.1 million (dollar_amount) — Subscription and circulation revenue for Q1 FY24
$28.3 million (dollar_amount) — Professional services and other revenue for Q1 FY25
$28.0 million (dollar_amount) — Professional services and other revenue for Q1 FY24

FAQ

What was DocuSign's total revenue for the first quarter of fiscal year 2025?

DocuSign's total revenue for the first quarter of fiscal year 2025 was $726.2 million, comprised of $697.9 million in subscription and circulation revenue and $28.3 million in professional services and other revenue.

How did DocuSign's subscription and circulation revenue change year-over-year for the first quarter?

Subscription and circulation revenue increased from $672.1 million in the first quarter of fiscal year 2024 to $697.9 million in the first quarter of fiscal year 2025.

What was the revenue from professional services and other for the period ending April 30, 2024?

For the period ending April 30, 2024 (the first quarter of fiscal year 2025), revenue from professional services and other was $28.3 million.

What is the fiscal year end for DocuSign, Inc.?

DocuSign, Inc.'s fiscal year ends on January 31.

What is the filing date for this 10-Q report?

This 10-Q report was filed on June 7, 2024.

From the Filing

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