HashiCorp Earnings Reports

HashiCorp announced its Q3 fiscal year 2025 financial results, reporting a 19% year-over-year increase in revenue, reaching $173.4 million. The company's GAAP net loss was $13.0 million, while non-GAAP net income was $26.9 million. HashiCorp is progressing towards its acquisition by IBM, expected to close in the first calendar quarter of 2025.

HashiCorp reported a 15% year-over-year increase in revenue, totaling $165.1 million for the second quarter of fiscal year 2025. The company's customer base grew, with a 10% increase in customers with ARR equal to or greater than $100,000. GAAP net loss was $26.5 million, while non-GAAP net income was $16.8 million.

HashiCorp announced its Q1 2025 financial results, with revenue reaching $160.6 million, a 16% increase year-over-year. The company reported a GAAP net loss of $51.1 million, while non-GAAP net income was $11.2 million. HashiCorp is in a definitive agreement to be acquired by IBM for $35.00 per share in cash.

HashiCorp reported Q4 2024 revenue of $155.8 million, a 15% increase year-over-year. The company's GAAP net loss was $31.6 million, while non-GAAP net income was $10.2 million. HashiCorp is focusing on simplifying its go-to-market strategy and improving product monetization to accelerate revenue growth in fiscal 2025.

HashiCorp announced its Q3 fiscal year 2024 financial results, reporting a 17% year-over-year revenue increase to $146.1 million. The company achieved its first quarter with positive Non-GAAP EPS and made progress in improving efficiency and increasing free cash flow.

HashiCorp announced its Q2 Fiscal Year 2024 financial results, demonstrating solid execution with a 26% year-over-year revenue increase. The company is focused on profitability and driving efficiency while continuing to invest in long-term opportunities.

HashiCorp's first quarter fiscal year 2024 saw a 37% increase in revenue year-over-year, reaching $138.0 million. The company is focused on cloud adoption and improving operating efficiency, aiming to reach breakeven in the second half of fiscal year 2025. They also announced a workforce reduction of approximately 8% and the appointment of Susan St. Ledger as President, Worldwide Field Operations.

HashiCorp announced its Q4 and Fiscal Year 2023 financial results, with Q4 revenue reaching $135.8 million, a 41% increase year-over-year. The company closed the quarter with 4,131 customers and made progress with large customers, securing new deals and expanding existing relationships. HashiCorp delivered strong operating leverage in fiscal 2023, and plan to continue to drive efficiencies in our business in fiscal 2024.

HashiCorp announced its Q1 2023 financial results, reporting a 51% year-over-year revenue increase to $100.9 million. The company also saw growth in its customer base, ending the quarter with 3,240 customers and a net dollar retention rate of 133%.