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Publication Date: 2026-08-27 04:23:00
- Revenue (Q4 FY2026): Record quarterly revenue of $757 million, above the guided range of $725 million to $745 million.
- Revenue (Full Year FY2026): $2.854 billion, up 12% year-over-year.
- Annual Recurring Revenue (ARR): $2.549 billion at end of Q4, up 16% year-over-year.
- Net Revenue Retention (NRR): 106% at end of Q4, flat quarter-over-quarter.
- Non-GAAP Gross Margin (Q4): 87.7%.
- Non-GAAP Gross Margin (FY2026): 88%, relatively flat year-over-year.
- Non-GAAP Operating Margin (Q4): 26.2%, above the guided range of 21% to 23%.
- Non-GAAP Operating Margin (FY2026): 23.7%, up approximately 2.6 percentage points year-over-year.
- Non-GAAP Net Income (Q4): $175 million, or $0.60 per diluted share.
- Non-GAAP Net Income (FY2026): $597 million, or $2.04 per diluted share.
- GAAP Net Income (Q4): $1.27 billion, or $4.34 per diluted share, including a one-time $1.2 billion valuation allowance release.
- GAAP Net Income (FY2026): $1.507 billion, or $5.17 per diluted share, including the nonrecurring tax benefit.
- Free Cash Flow (Q4): $278 million, representing a 37% margin.
- Free Cash Flow (FY2026): $841 million, representing a 29% margin.
- Rule of 40 Score (FY2026): 42%.
- Cash and Investments: $2.361 billion at end of Q4, up from $2.018 billion at end of Q3.
- Average Contract Duration (Q4): 3.3 years.
- Average Contract Duration (FY2026): 3.2 years.
- New Customers (FY2026): Added over 3,000 new customers.
Release Date: August 26, 2026
For the complete transcript of the earnings call, please refer to the full earnings call…
