DocuSign delivered a solid QQ1 2026 with revenue of $763.7 million, up 7.6% year over year and supported by a high gross margin of 79.4%. Net income reached $72.1 million and diluted EPS was $0.34, underscoring durable profitability as the company continues to scale its e-signature and contract lifecycle management (CLM) offerings. Operating cash flow of $251.4 million produced free cash flow of $227.8 million, reflecting strong cash generation and capital discipline despite ongoing investments in R&D and sales & marketing. With a robust backlog signaling revenue visibility (deferred revenue of $1.423 billion within current liabilities), DocuSign also returned substantial capital to shareholders via share repurchases, while maintaining a prudent net cash position of approximately $524 million in net cash (net debt negative).