DocuSign Inc. (NASDAQ: DOCU) reported fourth quarter revenue of $836.9 million for the period ended January 31, 2026, representing an 8% year-over-year increase. The electronic signature company's subscription revenue reached $819.0 million, also up 8% from the prior year period.

For the full fiscal year 2026, total revenue was $3.2 billion, an 8% increase from fiscal 2025. Annual recurring revenue reached $3.27 billion as of January 31, 2026, compared to $3.03 billion in the prior year, marking an 8% growth rate.

The company's board of directors authorized an additional $2.0 billion for its stock repurchase program, bringing total remaining authorization to approximately $2.6 billion as of March 17, 2026. During the fourth quarter, DocuSign repurchased $269.1 million of common stock, compared to $161.7 million in the same period last year.

DocuSign reported GAAP net income of $90.3 million, or $0.44 per diluted share, for the fourth quarter. This compared to $83.5 million, or $0.39 per diluted share, in the prior year period. Non-GAAP net income per diluted share was $1.01 versus $0.86 in the fourth quarter of fiscal 2025.

The company generated $377.2 million in operating cash flow during the quarter, up from $307.9 million in the prior year. Free cash flow reached $350.2 million compared to $279.6 million in the fourth quarter of fiscal 2025.

CEO Allan Thygesen stated that customers using the company's Intelligent Agreement Management platform represented over $350 million in annual recurring revenue during 2026. The IAM platform accounted for 10.8% of total ARR as of January 31, 2026, up from 2.3% in the prior year.

For the first quarter of fiscal 2027, DocuSign expects total revenue between $822 million and $826 million. The company projects full-year fiscal 2027 revenue in the range of $3.48 billion to $3.50 billion, representing approximately 8% growth at the midpoint.

Brian Roberts, a general partner at Andreessen Horowitz, joined DocuSign's board of directors. Roberts previously served as CFO of Splunk and Lyft before joining the venture capital firm in 2024.