Technology
Software - Infrastructure
$86.01B
7.9K
Key insights and themes extracted from this filing
Total revenue increased by $898.1 million, or 29%, in fiscal 2025, compared to fiscal 2024, reaching $3.95B. This growth indicates resilience despite the negative impact of the July 19 Incident, which caused system crashes for some users.
The company reported net income of $90.6 million in fiscal 2024, but experienced a net loss of $16.6 million in fiscal 2025. This decline is attributed to legal and professional service expenses related to the July 19 Incident.
Annual Recurring Revenue (ARR) grew by 23% year-over-year, reaching $4.24 billion. While still substantial, this represents a deceleration compared to the 34% growth in the previous year.