CyberArk Software Ltd. 2025 Financial Report: Strong Growth Ahead!

Here are the key insights extracted from the financial report of CyberArk Software Ltd. as detailed in the Form 6-K filed on February 24, 2025:

Company Overview

• Name: CyberArk Software Ltd.
• Address: 9 Hapsagot St., Park Ofer 2, POB 3143, Petach-Tikva, 4951041 Israel.
• Commission File Number: 001-36625.

Business Outlook for 2025

• CyberArk is affirming its previously issued Business Outlook ahead of its Investor Day, which is scheduled for February 24, 2025.

Financial Guidance

First Quarter 2025:

• Total Revenue: Expected between $301 million and $307 million, reflecting a growth of 36% to 39% compared to Q1 2024.
• Non-GAAP Operating Income: Expected between $42.5 million and $47.5 million.
• Non-GAAP Net Income Per Share: Expected between $0.74 and $0.81, assuming 51.3 million weighted average diluted shares.

Full Year 2025:

• Total Revenue: Expected between $1.308 billion and $1.318 billion, indicating growth of 31% to 32% compared to the full year 2024.
• Non-GAAP Operating Income: Expected between $215 million and $225 million.
• Non-GAAP Net Income Per Share: Expected between $3.55 and $3.70, assuming 51.5 million weighted average diluted shares.
• Annual Recurring Revenue (ARR): Expected to be between $1.410 billion and $1.420 billion, showing a growth of 21% from December 31, 2024.
• Adjusted Free Cash Flow: Expected between $300 million and $310 million, normalizing for a one-time tax payment of $70 million related to the Venafi acquisition.

Investor Day 2025

• Date: February 24, 2025
• Location: Boston, Massachusetts, beginning at 12:30 p.m. ET.
• Focus: CyberArk's leadership in identity security, innovation roadmap, key business initiatives, and long-term financial targets.
• Webcast: The event will be streamed live on the company's website and archived thereafter.

Cautionary Statements

• The document includes forward-looking statements that may involve risks and uncertainties, including but not limited to:
• Integration challenges from recent acquisitions (Venafi and Zilla).
• Competition in the information security market.
• Compliance with regulations and potential cybersecurity risks.
• Economic uncertainties and operational challenges.

Signing Authority

• Date of Signing: February 24, 2025
• Signed by: Erica Smith, Chief Financial Officer.

This report reflects CyberArk's strong revenue expectations and strategic positioning in the cybersecurity market, while also highlighting potential risks associated with its growth and recent acquisitions.