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Informatica reports Q2 EPS 18c, consensus 21c

Reports Q2 revenue $407.3M, consensus $401.8M. Reports Q2: Cloud Subscription Annualized Recurring Revenue (ARR) increased to $901 million, representing 28.2% year-over-year growth, 28.2% in constant currency. Total ARR increased to $1.72 billion, representing 3.1% year-over-year growth, 2.9% in constant currency. “We delivered a strong second quarter, exceeding midpoint expectations across all key revenue and profitability metrics, led by a 28% year-over-year increase in Cloud Subscription ARR. Powered by CLAIRE AI, Informatica’s (INFA) IDMC platform remains at the forefront of AI, helping our customers and partners build a trusted data foundation, simplify governance, and enable seamless integration across data estates,” said Amit Walia, Chief Executive Officer at Informatica. “We continued working toward closing the transaction with Salesforce.”

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