Financial Performance Highlights - Q4 2024 Subscription ARR reached $1.274 billion, a 12.5% year-over-year growth[10, 14] - Q4 2024 Cloud Subscription ARR was $827 million, representing a 34.1% year-over-year increase[10, 14] - Q4 2024 Total ARR grew by 6.1% year-over-year, reaching $1.73 billion[10] - FY 2024 Total Revenues amounted to $1.64 billion, a 2.8% year-over-year growth[10] - FY 2024 Non-GAAP Operating Margin was 32.8%[10] - FY 2024 Adjusted Unlevered Free Cash Flow (after-tax) was $579.1 million, a 28.4% year-over-year growth[15] Customer and Cloud Adoption - Cloud Subscription Net Retention Rate was 124% at the Global Parent level[10] - Average Subscription ARR per Customer grew by 14% year-over-year to $341,000[10] - Cloud Subscription ARR constitutes 48% of the Total ARR[42] Strategic Initiatives and Outlook - The company expects to repurchase approximately $100 million of its Class A common stock in the first quarter 2025[23] - The company anticipates FY 2025 Cloud Subscription ARR to be between $1.019 billion and $1.051 billion, representing approximately 25.1% year-over-year growth at the midpoint[91]
Informatica (INFA) - 2024 Q4 - Earnings Call Presentation