CYBR Q1 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

CyberArk Software delivered a strong start to fiscal 2025, posting first-quarter revenue of $317.60 million and diluted EPS of $0.22, results that sent shares climbing and prompted several analysts to raise their price targets. The headline growth st… Read more CyberArk Software delivered a strong start to fiscal 2025, posting first-quarter revenue of $317.60 million and diluted EPS of $0.22, results that sent shares climbing and prompted several analysts to raise their price targets. The headline growth story was the company's accelerating shift toward recurring revenue, with subscription sales reaching $250.61 million, up sharply from $156.24 million a year earlier, as both SaaS and self-hosted offerings gained momentum. That transition came with elevated costs; operating expenses rose substantially, including sales and marketing spend of $145.64 million and R&D outlays of $78.56 million, while amortization surged to $29.33 million largely reflecting intangible assets tied to the late-2024 Venafi acquisition. Net income of $11.46 million was also aided by a $23.55 million tax benefit. The February acquisition of Zilla Inc. For $172.40 million added AI-driven identity governance capabilities, reinforcing CyberArk's position in the expanding identity security market. Looking ahead, remaining performance obligations of approximately $1.38 billion, with roughly 60% expected within 12 months, underscore a durable demand backdrop.