DocuSign beats Q2 estimates, raises 2027 revenue forecast as AI contract tools gain traction

DocuSign reported Q2 revenue of $875.7 million and adjusted EPS of $1.16, both surpassing analyst expectations. The company's AI-driven Intelligent Agreement Management (IAM) now accounts for 15.1% of annual recurring revenue, helping boost growth. DocuSign raised its full-year 2027 revenue guidance to $3.5-$3.51 billion and expects IAM to represent 18-19% of total ARR by year-end. Despite strong results, revenue growth remains steady at 8-10%, with analysts noting the IAM segment has yet to significantly accelerate overall growth.