#Splunk revenue full#

In tracking SplunkвЂ™s evolution, my focus tends to be on watching the companyвЂ™s predictable revenue numbers and its larger customer base continuing to grow both via net revenue expansion and net new customers. However, data growth isnвЂ™t slowing down and SplunkвЂ™s ARR, which surpassed $3 billion this quarter doesnвЂ™t appear to be either. This was evident in the companyвЂ™s sometimes misunderstood Data to Everything strategy. The goal, knowing that data is exponential and that recurring revenue is paramount for business stability and investors, was to become a cloud and ARR company. While the faces of SplunkвЂ™s leadership continue to change, the direction that former CEO Doug Merritt steered the company prior to his departure continues to be evident. Image Credit: SplunkДЄnalyst Take: This quarterвЂ™s results represent another solid quarter and continued indication of SplunkвЂ™s transformation to Cloud and ARR as a successful one. Operating cash flow was $128 million with free cash flow of $117 million.Total revenues were $2.67 billion, up 20% year-over-year.

Cloud revenue was $944 million, up 70% year-over-year.675 customers with total ARR greater than $1 million, up 32% year-over-year.317 customers with cloud ARR greater than $1 million, up 70% year-over-year.Total revenues were $901 million, up 21% year-over-year.Cloud revenue was $289 million, up 69% year-over-year.Total ARR was $3.12 billion, up 32% year-over-year.Cloud ARR was $1.34 billion, up 65% year-over-year.

#Splunk revenue full#

(NASDAQ: SPLK), the data platform leader for security and observability, today announced results for its fiscal fourth quarter and full year ended January 31, 2022.ДЇourth Quarter 2022 Financial Highlights: The News: SAN FRANCISCO вЂ“ MaвЂ“ Splunk Inc.