Core Viewpoint - DJS Law Group is investigating claims against Informatica Inc. for potential violations of securities laws following disappointing financial results that led to a significant drop in share price [2]. Investigation Details - The investigation centers on whether Informatica made misleading statements or failed to disclose critical information to investors [2]. - Informatica reported a 3.8% year-over-year decrease in GAAP total revenues and a 2% year-over-year decrease in GAAP subscription revenues for Q4 2024 and the full year 2024 [2]. - Following the release of these results, Informatica's shares fell by more than 21% [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Informatica Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1][2] Financial Performance - On February 13, 2025, Informatica reported its fourth quarter of 2024 and fiscal 2024 financial results, which missed financial projections [2] - The company experienced a 3.8% year-over-year decrease in GAAP total revenues [2] - GAAP subscription revenues decreased by 2% year-over-year [2] - Non-GAAP operating income decreased by 3.9% year-over-year at the midpoint of the range [2] Stock Market Reaction - Following the financial results announcement, Informatica's stock price fell by $5.42, or 21.53%, closing at $19.75 per share on February 14, 2025 [3]

Group 1 - Informatica Inc. is under investigation for potential securities fraud violations [1] - The DJS Law Group is reaching out to discuss rights related to the investigation [1]

Core Viewpoint - The Schall Law Firm is investigating Informatica Inc. for potential violations of securities laws following a significant drop in its stock price after disappointing financial results [1][2]. Group 1: Investigation Details - The investigation is centered on whether Informatica made false or misleading statements or failed to disclose important information to investors [2]. - Informatica reported its Q4 2024 and full year 2024 financial results on February 13, 2025, missing financial projections [2]. - The company experienced a year-over-year decrease in GAAP total revenues, subscription revenues, and the midpoint of non-GAAP operating income [2]. Group 2: Market Reaction - Following the release of the financial results, Informatica's shares fell by more than 21% [2].

Company Overview - Informatica develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems [3] Financial Performance - On February 13, 2025, Informatica reported its fourth quarter of 2024 and fiscal 2024 financial results, missing financial projections - The company experienced a 3.8% year-over-year decrease in GAAP total revenues - There was a 2% year-over-year decrease in GAAP subscription revenues - Non-GAAP operating income decreased by 3.9% year-over-year at the midpoint of the range - Following the financial results announcement, Informatica's share price fell by more than 21% [4] Legal Investigation - The law firm Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Informatica and its top executives for making false and/or misleading statements and/or failing to disclose material information to investors [1]

Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Informatica Inc., focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1][8]. Company Overview - Informatica develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems [3]. Financial Performance - On February 13, 2025, Informatica reported its fourth quarter of 2024 and fiscal 2024 financial results, missing financial projections. The company experienced a 3.8% year-over-year decrease in GAAP total revenues, a 2% year-over-year decrease in GAAP subscription revenues, and a 3.9% year-over-year decrease in non-GAAP operating income at the midpoint of the range. Following this announcement, Informatica's share price fell by more than 21% [4].

Company Overview - Informatica develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems [3]. Financial Performance - On February 13, 2025, Informatica reported its fourth quarter of 2024 and fiscal 2024 financial results, missing financial projections. The company experienced a 3.8% year-over-year decrease in GAAP total revenues, a 2% year-over-year decrease in GAAP subscription revenues, and a 3.9% year-over-year decrease at the midpoint of the range in non-GAAP operating income [4]. Market Reaction - Following the financial results announcement, the price of Informatica shares fell by more than 21% [4]. Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Informatica, focusing on whether the company and certain top executives made false and/or misleading statements or failed to disclose material information to investors [1].

Core Insights - Informatica has been recognized as one of TIME's America's Best Mid-Size Companies for 2025 and among Europe's Best Employers for 2025 by the Financial Times, highlighting its commitment to employee satisfaction and sustainable business practices [1] Company Recognition - The honors received by Informatica are presented in partnership with Statista, indicating a credible assessment of the company's performance in employee satisfaction and responsible growth [1]

[Cover Page Information](index=1&type=section&id=Cover%20Page%20Information) This section provides essential company identification, filing details, and stock information for Informatica Inc [Registrant Information](index=1&type=section&id=Registrant%20Information) This section provides basic company identification, the type of SEC filing (Form 10-Q), and details regarding its Class A Common Stock, including its trading symbol and exchange - The registrant is Informatica Inc., a Delaware corporation, filing a Quarterly Report on Form 10-Q for the period ended June 30, 2025[2](index=2&type=chunk) Securities Registered | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :-------------------------------- | :---------------- | :---------------------------------------- | | Class A Common Stock, $0.01 par value per share | INFA | The New York Stock Exchange | - As of July 28, 2025, the company had **260,676,335 shares** of Class A common stock and **44,049,523 shares** of Class B-1 common stock outstanding[6](index=6&type=chunk) [Table of Contents](index=3&type=section&id=TABLE%20OF%20CONTENTS) This section lists all chapters and sub-sections of the report for easy navigation [Special Note Regarding Forward-Looking Statements](index=4&type=section&id=SPECIAL%20NOTE%20REGARDING%20FORWARD-LOOKING%20STATEMENTS) This section highlights the inherent uncertainties and risks associated with forward-looking statements within the report [Nature of Forward-Looking Statements](index=4&type=section&id=Nature%20of%20Forward-Looking%20Statements) This section clarifies that the report contains forward-looking statements subject to substantial risks and uncertainties, primarily based on current expectations and projections - Forward-looking statements relate to future events or financial/operating performance and involve substantial risks and uncertainties[10](index=10&type=chunk) - The company cautions against relying on forward-looking statements as predictions, as actual results could differ materially due to various factors, including those described in the 'Risk Factors' section[12](index=12&type=chunk) - The company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the report date, except as legally required[13](index=13&type=chunk) [Part I. Financial Information](index=6&type=section&id=Part%20I.%20Financial%20Information) This part presents the company's unaudited condensed consolidated financial statements and management's discussion and analysis [Item 1. Financial Statements](index=6&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements, including balance sheets, statements of operations, comprehensive income, stockholders' equity, and cash flows, along with detailed notes explaining accounting policies and significant financial activities [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The condensed consolidated balance sheets show a slight decrease in total assets and liabilities, while total stockholders' equity increased from December 31, 2024, to June 30, 2025 Condensed Consolidated Balance Sheet Highlights (in thousands) | Metric | June 30, 2025 | December 31, 2024 | | :-------------------------- | :-------------- | :---------------- | | Total assets | $5,254,719 | $5,279,532 | | Total liabilities | $2,870,182 | $2,972,218 | | Total stockholders' equity | $2,384,537 | $2,307,314 | [Condensed Consolidated Statements of Operations](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The company reported a net loss for the three and six months ended June 30, 2025, compared to net income in the prior year periods, despite an increase in total revenues Condensed Consolidated Statements of Operations Highlights (in thousands, except per share data) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :------------------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Total revenues | $407,344 | $400,625 | $811,241 | $789,232 | | Gross profit | $326,029 | $317,730 | $648,914 | $624,582 | | (Loss) income from operations | $(89) | $9,464 | $33,738 | $12,689 | | Net (loss) income | $(4,649) | $4,828 | $(3,309) | $14,162 | | Basic Net (loss) income per share | $(0.02) | $0.02 | $(0.01) | $0.05 | | Diluted Net (loss) income per share | $(0.02) | $0.02 | $(0.01) | $0.05 | [Condensed Consolidated Statements of Comprehensive Income (Loss)](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) The company reported total comprehensive income for the three and six months ended June 30, 2025, a significant improvement from comprehensive losses in the prior year, primarily due to a positive change in foreign currency translation adjustment Condensed Consolidated Statements of Comprehensive Income (Loss) Highlights (in thousands) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Net (loss) income | $(4,649) | $4,828 | $(3,309) | $14,162 | | Change in foreign currency translation adjustment, net of tax | $65,610 | $(5,352) | $100,972 | $(25,332) | | Total comprehensive income (loss), net of tax effect | $32,660 | $(481) | $56,724 | $(11,168) | [Condensed Consolidated Statements of Stockholders' Equity](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Stockholders' equity increased from December 31, 2024, to June 30, 2025, driven by stock-based compensation, issuance of shares under equity plans, and other comprehensive income, partially offset by share repurchases and net loss Condensed Consolidated Statements of Stockholders' Equity Highlights (in thousands) | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :------------------------------------ | :----------------------------- | :----------------------------- | | Balances, December 31, | $2,307,314 | $2,212,598 | | Stock-based compensation | $130,570 | $129,571 | | Payments for repurchases of common stock | $(100,000) | — | | Net (loss) income | $(3,309) | $14,162 | | Other comprehensive income (loss) | $60,033 | $(25,330) | | Balances, June 30, | $2,384,537 | $2,325,816 | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash provided by operating activities increased for the six months ended June 30, 2025, compared to the prior year, while investing activities shifted from a net use to a net provide, and financing activities saw a significant increase in cash used, primarily due to common stock repurchases Condensed Consolidated Statements of Cash Flows Highlights (in thousands) | Activity | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :---------------------------------------- | :----------------------------- | :----------------------------- | | Net cash provided by operating activities | $178,750 | $156,494 | | Net cash provided by / (used in) investing activities | $45,336 | $(67,210) | | Net cash used in financing activities | $(120,793) | $(15,910) | | Net increase in cash and cash equivalents | $139,815 | $66,022 | | Cash and cash equivalents at end of period | $1,052,275 | $798,465 | [Notes to Condensed Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) The notes provide detailed explanations of the company's accounting policies, significant transactions, and financial instrument details, offering crucial context for the condensed consolidated financial statements [Note 1. Organization and Description of Business](index=12&type=section&id=Note%201.%20Organization%20and%20Description%20of%20Business) This note describes Informatica's core business as an AI-enabled data management platform and details the proposed merger with Salesforce, including terms, expected timeline, and associated termination fees - Informatica delivers AI-enabled data management products on a cloud-native platform, connecting, managing, and unifying data across multi-vendor, multi-cloud, and hybrid systems[28](index=28&type=chunk) - On May 26, 2025, Informatica entered into a Merger Agreement with Salesforce, Inc., under which Informatica will become a wholly-owned subsidiary of Salesforce[29](index=29&type=chunk) - Class A and Class B-1 common stock holders will receive **$25.00 per share** in cash, while Class B-2 common stock holders will receive **$0.0000100115 per share**

Core Insights - The performance of AI products increasingly relies on data quality and freshness rather than just model size [1][2][3] - Companies like Salesforce and IBM are acquiring data infrastructure firms to enhance their AI capabilities with real-time, structured data [2][5][6] - The definition of "good data" includes being domain-specific, continuously updated, structured, deduplicated, and real-time actionable [4][5][6] Data Infrastructure Importance - Data collection is now seen as a critical infrastructure rather than a secondary task, emphasizing the need for reliable, real-time access to data [2][9][22] - The modern AI data stack has evolved into a value chain that includes data acquisition, transformation, organization, and storage [10][22] - Effective data retrieval quality surpasses prompt engineering, as outdated or irrelevant data can hinder model performance [7][19] Strategic Data Collection - Data collection must be strategic, providing structured and immediate data for AI agents [12][13] - It should handle dynamic user interfaces, CAPTCHAs, and mixed extraction methods to ensure comprehensive data gathering [14][15] - Data collection infrastructure should be scalable and compliant with legal standards, moving beyond fragile scraping tools [16][22] Future of AI Systems - The future of AI performance will depend more on knowledge acquisition speed and context management rather than just model size [23][24] - Companies that view data collection as a foundational capability will likely achieve faster and more cost-effective success [25]