🔹 Revenue: $2.532B (Est. $2.52B) 🟢; +14.5% YoY
🔹 Adj. EPS: $2.47 (Est. $2.32) 🟢
🔹 Subscription: $2.360B (Est. $2.36B) 🟡; +15.7% YoY
FY’27 Guide:
🔹 Subscription Revenue: $9.925B–$9.950B (Est. $10.0B) 🔴
🔹 Non-GAAP Operating Margin: 30.0% (Est. 31.1%) 🔴
Q1 FY’27 Guide:
🔹 Subscription Revenue: $2.335B (Est. $2.35B) 🔴
🔹 Non-GAAP Operating Margin: 30.5%
Other Metrics:
🔹 Adj. Operating Margin: 30.6% (Est. 28.6%) 🟢
🔹 Total Subscription Revenue Backlog: $28.101B (Est. $28.97B) 🔴; +12.2% YoY
🔹 Professional Services Revenue: $172M (Est. $167.8M) 🟢
🔹 Operating Cash Flow (FY’26): $2.939B; +19.4% YoY
🔹 Free Cash Flow (FY’26): $2.777B; +26.7% YoY
🔹 Cash, Cash Equivalents & Marketable Securities: $5.443B
🔹 Share Repurchases (FY’26): 12.8M shares for $2.9B
Commentary:
🔸 “We expect fiscal 2027 subscription revenues of approximately $9.925 billion to $9.950 billion… and we expect fiscal 2027 non-GAAP operating margin of approximately 30.0%.”