Strong Subscription Revenue Growth
Subscription revenue grew 20%, surpassing $1.7 billion in ARR and $1 billion in DPS ARR.
Expansion of Operating Margin
Non-GAAP operating margin expanded by more than 100 basis points, and pretax free cash flow margin increased by roughly 250 basis points.
Platform Innovations
Major platform innovations announced, including Grail for GCP, cloud security posture management, AI-powered log management and analytics, and AI observability.
Log Management Growth
Strong adoption of log management offering with 1/3 of customers using the solution, and the number of customers leveraging logs up 18% compared to last quarter.
High Partner Influence
More than 80% of ACV closed in the quarter were partner-influenced with over 40% of those coming from GSIs and hyperscalers.
New Logo Additions
Added 171 new logos in Q4, with a healthy average new logo land size of $130,000.