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Jan 31, 2022

DocuSign Q4 2022 Earnings Report

Announced Q4 and Fiscal Year 2022 financial results.

Key Takeaways

DocuSign reported Q4 2022 total revenue of $580.8 million, a 35% increase year-over-year, and billings of $670.1 million, a 25% increase year-over-year. The company added 280,000 new customers, surpassing 1.17 million total customers.

Total revenue was $580.8 million, an increase of 35% year-over-year.

Subscription revenue was $564.0 million, an increase of 37% year-over-year.

Billings were $670.1 million, an increase of 25% year-over-year.

Non-GAAP net income per diluted share was $0.48.

Total Revenue
$581M
Previous year: $431M
+34.8%
EPS
$0.48
Previous year: $0.37
+29.7%
Total Billings
$670M
Previous year: $535M
+25.3%
Gross Profit
$449M
Previous year: $329M
+36.5%
Cash and Equivalents
$509M
Previous year: $566M
-10.1%
Free Cash Flow
$70.3M
Previous year: $44M
+59.8%
Total Assets
$2.54B
Previous year: $2.34B
+8.8%

DocuSign

DocuSign

DocuSign Revenue by Segment

Forward Guidance

The company currently expects total revenue between $579 million and $583 million for the quarter ending April 30, 2022.

Revenue & Expenses

Visualization of income flow from segment revenue to net income