Financial Performance - Revenue for Q1 FY26 reached $276 million[7], driven by Suites momentum[6] - Total Remaining Performance Obligations (RPO) increased by 21% year-over-year to $1469 million[9, 10] - Long-term RPO increased by 32% year-over-year[10] - Billings increased by 27% year-over-year to $242 million[13] - Non-GAAP gross margin was 80.5%, up 30 bps year-over-year[15] - Non-GAAP operating margin was 25.3%, down 130 bps year-over-year[20] Cash Flow and Share Repurchase - The company repurchased approximately 1.6 million shares for approximately $50 million in Q1[26] - As of April 30, 2025, the company had approximately $152 million remaining for share repurchases[26] - Cash, cash equivalents, restricted cash, and short-term investments totaled $792 million[23] Guidance and Customer Metrics - Q2 FY26 revenue is projected to be $290 to $291 million, representing a year-over-year growth of 8%[30] - FY26 revenue is projected to be $1.165 to $1.170 billion, representing a year-over-year growth of 7%[30] - Net retention rate remained stable at 102%[37, 38] - 61% of total revenue came from Suites[41] - The number of customers paying more than $100k annually grew by 8% year-over-year to 1,940[43, 44]

Financial Performance - Q4'25 revenue reached $280 million[7], driven by Suites momentum[6] - Total Remaining Performance Obligations (RPO) increased by 12% year-over-year to $1.466 billion[9, 10], or 14% in constant currency[9] - Billings increased by 5% year-over-year to $399 million[13, 14], or 7% in constant currency[13] - Non-GAAP gross margin improved to 81.0%[17] in Q4'25, up 260 bps year-over-year[17], driven by public cloud migration[16] - Non-GAAP operating margin increased to 27.3%[20] in Q4'25, up 60 bps year-over-year[20] Share Repurchase Program - In Q4'25, the company repurchased approximately 1.3 million shares for approximately $43 million[26] - In fiscal year 2025, the company repurchased approximately 7.6 million shares for approximately $212 million[26] - As of January 31, 2025, the company had approximately $52 million of remaining buyback capacity[26] - The Board of Directors authorized an expansion of the stock repurchase program by $150 million on March 3, 2025[26] Guidance and Customer Metrics - Q1'26 revenue is projected to be between $274 million and $275 million[30], representing a 4% year-over-year growth[30] - FY26 revenue is projected to be between $1.15 billion and $1.16 billion[30], representing a 6% year-over-year growth[30] - The company maintains a stable net retention rate of 102%[41, 42] - Customers paying more than $100k annually grew by 8% year-over-year, reaching 1,920[48]