DocuSign released its Q2 fiscal 2026 numbers on September 4. Revenue: $801 million, up 9%. Bookings: $818 million, a jump of 13%. Non-GAAP operating margin of 30%. Not bad.

The quarter had its moments. AI in deal management, increased global presence, focus on growing profitably. It seems they are serious.

Bookings accelerated. Customer retention improved to 102%. Larger deals. International business now accounts for 29% of the total, growing 13%. Interesting.

AI is making a strong impact. They expect it to be a significant part of the business soon. More than half of the salespeople closed deals with AI. Major companies like T-Mobile are jumping on board.

They maintained a non-GAAP gross margin of 82%. Not bad considering cloud costs. They have $1.1 billion in cash, with no debt. They continue investing in R&D and sales.

For the next PARA, they expect revenue between $804 million and $808 million. For the full year, between $3.189 billion and $3.201 billion. The non-GAAP operating margin is projected to be between 28% and 29% for Q3, and 28.6% to 29.6% annually. We’ll see if they achieve it.