Financial Outlook for First Quarter and Full Year Fiscal 20253-
We are providing the following guidance for the first quarter of fiscal year 2025:
- Total revenues are expected to be between $213 million and $216 million
- Subscription revenue is expected to be between $116 million and $119 million
- Non-GAAP operating margin1 is expected to be between 18% to 19%
We are providing the following guidance for the full fiscal year 2025:
- Total revenues are expected to be between $904 million and $914 million
- Total ARR2 is expected to grow 14% year over year
- Subscription revenue is expected to be between $514 million and $518 million
- Subscription ARR2 is expected to grow between 21% to 23% year over year
- Non-GAAP operating margin1 is expected to be between 20% to 21%
- Free cash flow1 is expected to be at least $200 million