Apr 30, 2020

Zuora Q1 2021 Earnings Report

Reported a healthy quarter of growth despite challenges from the pandemic.

Key Takeaways

Zuora reported a 15% year-over-year increase in total revenue, reaching $73.9 million, and a 20% increase in subscription revenue, which amounted to $56.9 million. The company's GAAP net loss was $17.5 million, or 24% of revenue, while non-GAAP net loss was $7.5 million.

Total revenue was $73.9 million, an increase of 15% year-over-year.

Subscription revenue was $56.9 million, an increase of 20% year-over-year.

GAAP net loss was $17.5 million, or 24% of revenue.

Non-GAAP net loss was $7.5 million.

Total Revenue
$73.9M
Previous year: $64.1M
+15.3%
EPS
-$0.06
Previous year: -$0.11
-45.5%
Dollar-based retention rate
103%
Gross Profit
$41.6M
Cash and Equivalents
$84.7M
Free Cash Flow
-$2.17M
Total Assets
$392M

Zuora

Zuora

Zuora Revenue by Segment

Forward Guidance

For the second quarter of fiscal year 2021, Zuora expects total revenue between $72.5 million and $75.0 million and subscription revenue between $58.0M and $59.0M.

Revenue & Expenses

Visualization of income flow from segment revenue to net income