Splunk Q4 earnings report: revenue jumped 19% YoY

Core Insights - Splunk Inc reported strong financial results for its fourth quarter, exceeding market expectations, which led to an increase in stock price during extended hours trading [1] Financial Performance - Cloud revenue surged 26% year-on-year to $1.837 billion in Q4 [2] - Total revenue increased by 19% year-over-year to $1.486 billion, surpassing the consensus estimate of $1.27 billion [3] - Net income rose to $427 million from $269 million in the previous year, with per-share earnings climbing from $1.64 to $2.62 [3] - Adjusted EPS was reported at $2.28, exceeding the consensus of $1.96 [3] - Adjusted free cash flow reached $418 million, marking a 56% increase [3] Customer Metrics - Splunk ended Q4 with 899 customers, each generating over $1.0 million in annual recurring revenue, reflecting a 14% increase [3] Operational Insights - Operating expenses increased by 6.5% in Q4 [2] - The adjusted operating margin stood at 47.8% [2]