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Mar 31, 2022
Informatica Q1 2022 Earnings Report
Informatica's Q1 2022 financial results were announced, demonstrating growth in key areas.
Key Takeaways
Informatica reported a strong first quarter in 2022, with subscription ARR increasing 32% year-over-year to $849 million and cloud ARR growing 43% year-over-year to $343 million. Total revenues increased by 9% year-over-year to $362.3 million, and the company achieved GAAP operating income of $6.2 million and non-GAAP operating income of $83.4 million.
Subscription ARR increased 32% year-over-year to $849 million.
Cloud ARR increased 43% year-over-year to $343 million.
Total revenues increased 9% year-over-year to $362.3 million.
GAAP operating income was $6.2 million and Non-GAAP operating income was $83.4 million.
Forward Guidance
Informatica provided guidance for the second quarter and full year 2022. For the second quarter, total revenues are expected to be in the range of $358 million to $368 million, and subscription ARR is expected to be in the range of $875 million to $885 million. For the full year, total revenues are expected to be in the range of $1,585 million to $1,605 million, and subscription ARR is expected to be in the range of $990 million to $1,010 million.
Positive Outlook
- Total Revenues in the range of $358 million to $368 million for Q2 2022.
- Subscription ARR in the range of $875 million to $885 million for Q2 2022.
- Cloud ARR in the range of $365 million to $371 million for Q2 2022.
- Non-GAAP Operating Income in the range of $44 million to $51 million for Q2 2022.
- Total Revenues in the range of $1,585 million to $1,605 million for FY 2022.
Challenges Ahead
- Guidance is based on current market conditions and expectations.
- Guidance is subject to various important cautionary factors.
Historical Earnings Impact
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