DocuSign (DOCU) Earnings: Q3 2026 Revenue Up, EPS Misses Estimates

DocuSign Inc. (DOCU) — Q3 2026 Highlights

Revenue of $818.4 million, up 8.4% year-over-year.

Gross profit of $647.8 million, up 8.3% year-over-year.

Operating profit of $85.4 million, up 44.6% year-over-year.

Net income attributable to common shareholders of $83.7 million, up 34.1% year-over-year.

Diluted earnings per share of $0.40, up 33.3% year-over-year.

Estimates vs. Results

Revenue missed the consensus estimate of $823.1 million, coming in at $818.4 million.

Adjusted diluted EPS of $0.40 fell well short of the estimate of $0.93.

Cash Flow & Capital Expenditures

Cash from operating activities of $246.1 million, up 5.0% year-over-year.

Purchases of property, plant and equipment totaled ($28.4 million), up 20.4% year-over-year.

Balance Sheet & Other Items

Cash and cash equivalents of $583.3 million, down 4.5% year-over-year.

Total liabilities of $2.0 billion, up 12.3% year-over-year.

Overall, DocuSign delivered revenue and profitability growth year-over-year and expanded operating margins, but the quarter missed both revenue and EPS expectations, with EPS notably below the estimate.

DocuSign Inc. Insider Trading Activity

DocuSign Inc. insiders have traded $DOCU stock on the open market 39 times in the past 6 months. Of those trades, 0 have been purchases and 39 have been sales.

Here’s a breakdown of recent trading of $DOCU stock by insiders over the last 6 months:

ALLAN C. THYGESEN (President and CEO) has made 0 purchases and 6 sales selling 80,000 shares for an estimated $5,887,872.
BLAKE JEFFREY GRAYSON (Chief Financial Officer) has made 0 purchases and 8 sales selling 42,366 shares for an estimated $3,252,714.
ROBERT CHATWANI (President General Mgr, Growth) has made 0 purchases and 10 sales selling 39,357 shares for an estimated $3,072,093.
PETER SOLVIK sold 15,000 shares for an estimated $1,222,200
JAMES P SHAUGHNESSY (Chief Legal Officer) has made 0 purchases and 4 sales selling 15,000 shares for an estimated $1,113,805.
PAULA HANSEN (Chief Revenue Officer) has made 0 purchases and 3 sales selling 6,000 shares for an estimated $427,965.
TERESA BRIGGS has made 0 purchases and 3 sales selling 1,263 shares for an estimated $93,865.
ANNA MARRS has made 0 purchases and 2 sales selling 1,093 shares for an estimated $83,475.
JAMES A BEER has made 0 purchases and 2 sales selling 900 shares for an estimated $67,419.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

DocuSign Inc. Hedge Fund Activity

We have seen 408 institutional investors add shares of DocuSign Inc. stock to their portfolio, and 465 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 2,804,009 shares (+83.0%) to their portfolio in Q3 2025, for an estimated $202,141,008
FMR LLC removed 2,402,196 shares (-58.5%) from their portfolio in Q3 2025, for an estimated $173,174,309
AMERICAN CENTURY COMPANIES INC removed 1,488,390 shares (-26.7%) from their portfolio in Q3 2025, for an estimated $107,298,035
BALYASNY ASSET MANAGEMENT L.P. added 1,448,038 shares (+inf%) to their portfolio in Q3 2025, for an estimated $104,389,059
ALYESKA INVESTMENT GROUP, L.P. removed 1,440,926 shares (-58.9%) from their portfolio in Q3 2025, for an estimated $103,876,355
THRIVENT FINANCIAL FOR LUTHERANS added 1,318,741 shares (+3999.5%) to their portfolio in Q3 2025, for an estimated $95,068,038
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC removed 1,015,811 shares (-76.0%) from their portfolio in Q3 2025, for an estimated $73,229,814

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

DocuSign Inc. Congressional Stock Trading

Members of Congress have traded $DOCU stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $DOCU stock by members of Congress over the last 6 months:

REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/17 and 1 sale worth up to $15,000 on 08/04.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

DocuSign Inc. Analyst Ratings

Wall Street analysts have issued reports on $DOCU in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Buy" rating on 09/05/2025
JMP Securities issued a "Market Outperform" rating on 09/05/2025

To track analyst ratings and price targets for DocuSign Inc., check out Quiver Quantitative's $DOCU forecast page.

DocuSign Inc. Price Targets

Multiple analysts have issued price targets for $DOCU recently. We have seen 12 analysts offer price targets for $DOCU in the last 6 months, with a median target of $90.0.

Here are some recent targets:

Patrick Walravens from JMP Securities set a target price of $124.0 on 10/03/2025
Josh Baer from Morgan Stanley set a target price of $90.0 on 09/08/2025
William Power from Baird set a target price of $90.0 on 09/05/2025
Rob Owens from Piper Sandler set a target price of $90.0 on 09/05/2025
Brad Sills from B of A Securities set a target price of $102.0 on 09/05/2025
Rishi Jaluria from RBC Capital set a target price of $95.0 on 09/05/2025
Mark Murphy from JP Morgan set a target price of $80.0 on 09/05/2025