DocuSign's first quarter fiscal 2027 revenue grew 9% to $830.2M, beating estimates.

Docusign reported first quarter revenue of $830.2 million, up 9% year-over-year, and non-GAAP EPS of $1.09. The company also generated strong free cash flow of $289.4 million, an increase of 27% from the prior year.

Key Highlights

• Intelligent Agreement Management (IAM) adoption continued to expand, representing 12.6% of total Annual Recurring Revenue (ARR) compared to 10.8% in the prior quarter.
• Free cash flow increased 27% year-over-year to $289.4 million from $227.8 million in the same period last year.
• The company accelerated its capital return program, repurchasing $317.5 million of common stock, a 73% increase from the year-ago quarter.