Record ARR and Revenue Growth
Third quarter ARR of $1.782 billion, up 11%, and revenue of $411 million, an increase of 16%. Net new ARR was $59 million, and non-GAAP operating income reached $88 million, representing a 21% margin.
First GAAP Profitable Quarter
Achieved the first GAAP profitable third quarter with operating income of $13 million, marking a significant milestone for the company.
Strong Customer and Partner Engagement
Over 950 companies developing agents, with more than 365,000 processes orchestrated with Maestro. Notable customer stories include a leading investment management firm projecting $200 million in savings over the next three years.
Recognitions and Awards
Named a leader in the inaugural Gartner Magic Quadrant for Intelligent Document Processing and in the Gartner Magic Quadrant for AI Augmented Software Testing Tools.
Strategic Partnerships
New integrations with OpenAI, Microsoft, NVIDIA, Google, and Snowflake highlight the company's strategic partnerships and technological advancements.