Financial Data and Key Metrics Changes - Subscription ARR surpassed $1.25 billion, growing 36% year-over-year [4][20] - Subscription revenue was $297 million, growing 55% year-over-year [4][22] - Total revenue was $310 million, up 51% [22] - Free cash flow generated was over $57 million, representing a 19% margin [5][24] - Non-GAAP gross margin was 82%, compared to 77% in the year-ago period [22][23] Business Line Data and Key Metrics Changes - Net new subscription ARR reached $71 million in the second quarter [4][20] - Subscription NRR remained strong, above 120% [4][21] - Customers with $100,000 or more in subscription ARR crossed 2,500, growing 27% year-over-year [4][21] Market Data and Key Metrics Changes - Revenue from the Americas grew 53% to $225 million [22] - Revenue from outside the Americas grew 46% to $85 million [22] Company Strategy and Development Direction - Company is evolving into a security and AI company, focusing on cyber resilience and enterprise AI acceleration [6][8] - The Rubrik Security Cloud platform combines data security posture management, identity resilience, and cyber recovery [6][8] - The company aims to lead the cyber resilience market while building a future for enterprise AI [8][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth opportunities ahead, particularly in the cyber resilience market [6][20] - The company raised its outlook for the year, anticipating strong subscription ARR growth [20][24] - Management noted that the market is shifting towards an assumed breach mindset among IT and security leaders [7][8] Other Important Information - The company reported a significant improvement in subscription ARR contribution margin, up about 1,800 basis points year-over-year [4][23] - The acquisition of Predibase is expected to enhance the company's capabilities in generative AI [16][17] Q&A Session Summary Question: What has changed strategically to drive profitability? - Management highlighted the large and expanding market of cyber resilience and the efficiencies gained as the business scales [33][34] Question: Any impact from the sales compensation change on net new ARR? - Management indicated that the change has not materially impacted performance so far, with expectations for more insights by year-end [41][42] Question: How is the company leveraging data growth in its pricing model? - Management explained that the pricing model combines data volume and security features, allowing for growth as customer data and applications expand [47][48] Question: What drove the early renewal activity this quarter? - Management noted that early renewals were tied to expansion deals and were not directly related to the sales compensation structure changes [52][54] Question: What is the outlook for the federal market? - Management sees the federal market as a significant opportunity, continuing to invest in growth and recently receiving FedRAMP moderate certification [85]

Oracle (NYSE:ORCL) Q1 2026 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsSafra Catz - CEOLarry Ellison - Chairman and CTOKen Bond - Head of Investor RelationsConference Call ParticipantsBrad Zelnick - Managing Director and Software Equity Research AnalystDerrick Wood - Managing Director and Senior Equity Research AnalystAlex Zukin - Managing Director and Software Equity Research AnalystJohn DiFucci - Senior Managing Director and Senior Research AnalystMark Moerdler - Managing Director, SV ...

Skillsoft (NYSE:SKIL) Q2 2026 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsStephen Poe - Investor RelationsRon Hovsepian - Executive Chair and CEOJohn Fredericks - CFOConference Call ParticipantsKen Wong - AnalystStephen PoeThank you for standing by and welcome to Skillsoft's second quarter fiscal 2026 results conference call. At this time, all participants are in a listen-only mode. After the speakers present, there will be a question and answer session. Please note that today's call is ...

Synopsys (NasdaqGS:SNPS) Q3 2025 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsHarlan Sur - Executive Director, Equity ResearchRuben Roy - Managing Director, Equity ResearchTushar Jain - Investor RelationsSiti Panigrahi - Managing DirectorShelagh Glaser - CFOJay Vleeschhouwer - Managing DirectorSassine Ghazi - President and CEOConference Call ParticipantsCharles Shi - AnalystJason Celino - Managing Director, Software Equity Research AnalystLee Simpson - AnalystJoe Vruwink - Senior Researc ...

Skillsoft (NYSE:SKIL) Q2 2026 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsStephen Poe - Investor RelationsRon Hovsepian - Executive Chair and CEOJohn Fredericks - CFOConference Call ParticipantsKen Wong - AnalystOperatorThank you for standing by and welcome to Skillsoft's Second Quarter Fiscal 2026 Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers present, there will be a question and answer session. Please note that today's call is be ...

InnovAge (NasdaqGS:INNV) Q4 2025 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsPatrick Blair - CEORyan Kubota - Host and Director of Investor RelationsBen Adams - CFOMichael - President and COOConference Call ParticipantsJared Haase - AnalystMatthew Gilmore - AnalystJamie Perse - AnalystOperatorThank you for standing by and welcome to the InnovAge Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be ...

InnovAge (NasdaqGS:INNV) Q4 2025 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsPatrick Blair - CEORyan Kubota - Host and Director of Investor RelationsBen Adams - CFOMichael - President and COOConference Call ParticipantsJared Haase - AnalystMatthew Gilmore - AnalystJamie Perse - AnalystOperatorThank you for standing by and welcome to the InnovAge Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be ...

Lands' End (NasdaqCM:LE) Q2 2026 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsAndrew McLean - CEODana Telsey - CEO and CROTom Altholz - Senior Director of Financial Planning and AnalysisBernard McCracken - CFOConference Call ParticipantsEric Beder - Founder and Head AnalystSteve Silver - Senior Equity Research AnalystOperatorGood afternoon, everyone. Welcome to today's Lands' End second quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. Later ...

Lands' End (NasdaqCM:LE) Q2 2026 Earnings Call September 09, 2025 05:00 PM ET Company ParticipantsAndrew McLean - CEODana Telsey - CEO and CROTom Altholz - Senior Director of Financial Planning and AnalysisBernard McCracken - CFOConference Call ParticipantsEric Beder - Founder and Head AnalystSteve Silver - Senior Equity Research AnalystOperatorGood afternoon, everyone. Welcome to today's Lands' End Second Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later ...

Financial Data and Key Metrics Changes - Oracle's remaining performance obligations (RPOs) reached $455 billion, up 359% year-over-year and $317 billion from the end of Q4 [4] - Total cloud revenue increased by 27% to $7.2 billion, with cloud infrastructure revenue up 54% to $3.3 billion [4][5] - Total revenues for the quarter were $14.9 billion, an 11% increase from the previous year, surpassing the 8% growth reported in Q1 last year [6] - Non-GAAP EPS was $1.47, while GAAP EPS was $1.01, with a non-GAAP tax rate of 20.5% [7] - Operating cash flow for Q1 was $8.1 billion, while free cash flow was negative $362 million [7] Business Line Data and Key Metrics Changes - Cloud infrastructure revenue grew 54%, with OCI consumption revenue up 57% [5] - Cloud database services revenue increased by 32%, with annualized revenues nearing $2.8 billion [5] - Cloud application revenue was $3.8 billion, up 10%, while strategic back-office application revenue rose 16% to $2.4 billion [6] Market Data and Key Metrics Changes - Oracle's cloud infrastructure is expected to grow 77% to $18 billion in fiscal year 2026, with projections of $32 billion, $73 billion, $114 billion, and $144 billion over the next four years [9] - The company anticipates total revenue growth of 16% in constant currency for fiscal year 2026 [10] Company Strategy and Development Direction - Oracle is positioning itself as a leader in AI workloads, having signed significant contracts with major AI companies [4] - The company is focusing on both AI training and inferencing markets, emphasizing the importance of its AI database and the ability to vectorize data [16][72] - Oracle aims to provide a comprehensive cloud solution, offering customers flexibility between public and dedicated cloud regions [27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for Oracle Cloud Infrastructure and the potential for RPO to exceed half a trillion dollars [9] - The company is optimistic about its ability to accelerate revenue and profit growth, driven by the large RPO backlog [8][10] - Management highlighted the unique advantages of Oracle's infrastructure and application capabilities, particularly in the context of AI [44][46] Other Important Information - Oracle's CapEx for fiscal year 2026 is projected to be around $35 billion, primarily for revenue-generating equipment [8][54] - The company has reduced its shares outstanding by a third over the last decade, repurchasing 440,000 shares for $95 million in the current quarter [8] Q&A Session Summary Question: What else is driving Oracle's forecasts beyond AI training? - Management noted a significant demand for inferencing capacity, indicating that many companies are seeking Oracle's solutions for this need [23] Question: How will Oracle ensure its AI training business remains differentiated? - Oracle's competitive edge lies in its ability to move data quickly and efficiently, which translates to cost advantages for customers [60] Question: What is the expected ROI on the infrastructure build-out for new contracts? - Management explained that CapEx is closely monitored and spent just before generating revenue, allowing for a profitable and efficient operation [53] Question: How soon will enterprise customers adopt the new Oracle AI Database? - Management believes there is insatiable demand for AI capabilities, and Oracle is well-positioned to meet this demand with its AI database and cloud offerings [73]