๐น Revenue: $688M (Est. $680.3M) ๐ข; +12% YoY
๐น Non-GAAP EPS: $0.86 (Est. $0.77) ๐ข
๐น Subscription Revenue: $673M; +12% YoY
Full-Year Guidance:
๐น Non-GAAP EPS: $3.23โ$3.28 (Est. $3.21) ๐
๐น Revenue: $2.85Bโ$2.86B (Est. ~$2.85B) ๐ก; +9%โ10% YoY
๐น Non-GAAP Operating Income: $710Mโ$720M (25% margin)
๐น Free Cash Flow Margin: ~27%
Q2 Guidance:
๐น Non-GAAP EPS: $0.83โ$0.84 (Est. $0.77) ๐ข
๐น Revenue: $710Mโ$712M (Est. ~$704M) ๐ข
๐น cRPO: $2.20Bโ$2.205B; +10%โ11% YoY
๐น Non-GAAP Operating Income: $183Mโ$185M (26% margin)
๐น Free Cash Flow Margin: ~19%
Q1 Customer Metrics & Backlog:
๐น RPO: $4.08B; +21% YoY
๐น cRPO: $2.23B; +14% YoY
Other Key Q1 Metrics:
๐น Non-GAAP OI: $184M; +38% YoY
๐น Non-GAAP EPS: $0.86 (vs. $0.65 YoY) ๐ข
๐น Operating Cash Flow: $241M; Free Cash Flow: $238M (35% margin)
CEO Todd McKinnon:
๐ธ "Q1 delivered record operating profit and robust free cash flow. Despite an uncertain macro, demand for identity security remains strong across workforce, customer, and AI-driven use cases."
๐ธ "We're focused on profitable growth and innovation in delivering the only modern, unified identity security platform."