DocuSign, Inc. (DOCU)

DocuSign's stock price has declined in the past six months, decreasing by 23% as of November 13, 2025. The share price on November 21, 2025, was $65.39, a drop from $85.51 on November 25, 2024. A rare billings miss reported in Q1 (April) 2025 led to heavy pressure on the stock, despite a solid EPS beat and raised revenue guidance. DocuSign reported Q2 2026 earnings on September 4, 2025, with an actual EPS of $0.300, and Q1 2026 earnings on June 5, 2025, with an actual EPS of $0.340. The company is anticipated to issue its Q3 2026 results on December 4, 2025.

DocuSign's revenue model is primarily subscription-based, with fees tied to the number of users, documents, and features. There is no explicit information detailing specific seasonal fluctuations in demand for DocuSign's products and services. A recent billings miss was attributed to timing issues with early renewals and changes in sales incentives, rather than a seasonal dip in demand. The company's business model suggests a generally consistent need for its services across various industries throughout the year.

DocuSign, Inc. is an American software company specializing in electronic agreement management with electronic signatures. Its core offering is its eSignature solution, and it provides a suite of products and services forming its Intelligent Agreement Management (IAM) platform, including Contract Lifecycle Management (CLM) and Document Generation. The company offers specialized solutions for industries like real estate and healthcare and integrates with over 400 other applications.

As of 2025, DocuSign serves approximately 1.7 million clients in 180 countries. It maintains instances of its eSignature service in multiple regions, including the U.S., Canada, Germany, France, Netherlands, Ireland, Australia, and Japan. Customer eDocuments are stored within DocuSign data centers in the region assigned to their account, with redundant copies for performance and availability. While eDocuments are stored regionally, some customer account identity and audit trail data are shared between the U.S. and E.U. instances to facilitate global access and support.

DocuSign rebranded in April 2024, shifting its focus to Intelligent Agreement Management (IAM). The rebrand included a new brand architecture, logo, color palette, and messaging, with the tagline "Bringing Agreements to Life." DocuSign was recognized as a leader in the 2025 Gartner Magic Quadrant for Contract Lifecycle Management and received a 2025 Inc. Power Partner Award. The company highlights its role in driving sustainability for its clients.

DocuSign's ownership is predominantly institutional, with institutional investors holding between 83.79% and 87% of the company's stock. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc., and State Street Corp. Individual and insider ownership accounts for a smaller portion, with some notable individual shareholders like Jackson Square Ventures LLC and Jonathan David Roberts. Insider selling activity has been observed recently.