DocuSign (NASDAQ: DOCU) shares surged 8.63% in pre-market trading on Friday following the release of its better-than-expected second-quarter fiscal 2026 results and an optimistic outlook. The electronic signature and agreement cloud services provider demonstrated solid growth and profitability, driven by AI innovations and strategic go-to-market changes.
The company reported Q2 revenue of $800.6 million, up 9% year-over-year and surpassing analyst estimates of $780.2 million. Adjusted earnings per share came in at $0.92, comfortably beating the consensus forecast of $0.84. DocuSign's billings, a key metric indicating future revenue, grew 13% to $818.0 million, reflecting strong business momentum.
Looking ahead, DocuSign raised its full-year revenue guidance to between $3.189 billion and $3.201 billion, up from its previous projection of $3.15 billion to $3.16 billion. The company also provided an upbeat Q3 revenue forecast of $804 million to $808 million, ahead of analyst expectations. CEO Allan Thygesen highlighted that recent AI innovation launches and go-to-market changes led to strong performance across the eSignature, CLM, and IAM businesses, contributing to one of DocuSign's highest growth and profitability quarters in recent years.