Cyberark ( (CYBR) ) has released its Q1 earnings. Here is a breakdown of the information Cyberark presented to its investors.
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CyberArk is a global leader in identity security, providing solutions to secure human and machine identities across enterprises. The company operates in the cybersecurity sector, offering an AI-powered platform that enhances security through intelligent privilege controls.
In its first quarter of 2025, CyberArk reported strong financial results, showcasing significant growth in its annual recurring revenue (ARR) and subscription revenue. The company’s strategic acquisitions and innovations have contributed to its robust performance and market position.
Key financial highlights include a 43% increase in total revenue to $317.6 million and a 60% rise in subscription revenue compared to the previous year. The company’s ARR reached $1.215 billion, marking a 50% increase from the prior year, with the subscription portion of ARR growing by 65%. CyberArk also achieved an 18% non-GAAP operating margin and generated $96 million in free cash flow.
CyberArk’s strategic moves, such as the acquisition of Zilla Security and the introduction of new identity security solutions, position the company well for future growth. The company continues to focus on expanding its capabilities to secure human, machine, and AI identities, addressing the evolving cybersecurity landscape.
Looking ahead, CyberArk maintains a positive outlook for 2025, with expectations of continued revenue growth and profitability. The company aims to further enhance its platform and capitalize on the increasing demand for comprehensive identity security solutions.