NASDAQ$JAMF
Jamf Holding Corp. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Announced second quarter 2022 financial results with revenue growth and customer expansion.
Jamf reported a strong second quarter with a 34% year-over-year increase in total revenue, reaching $115.6 million. The company's ARR grew by 40% to $466.0 million. They also appointed Ian Goodkind as CFO.
- Total revenue increased by 34% year-over-year to $115.6 million.
- ARR grew by 40% year-over-year to $466.0 million as of June 30, 2022.
- GAAP gross profit was $86.2 million, or 75% of total revenue.
- Non-GAAP operating income was $4.5 million, or 4% of total revenue.
Headline financials
Revenue & EPS history
Jamf · Revenue · Quarterly
$116M
Revenue by segment
Jamf · $132M total across 3 segments · Q1 2023
- Subscription Revenue$127M+24.5%96.2%
- Services$4.38M+11.2%3.3%
- License$598K-71.7%0.5%
Forward guidance
For the third quarter of 2022, Jamf expects total revenue of $121.5 to $122.5 million and non-GAAP operating income of $4 to $5 million. For the full year 2022, Jamf expects total revenue of $475 to $477 million and non-GAAP operating income of $21 to $23 million.
Tailwinds
- Total revenue of $121.5 to $122.5 million for Q3 2022.
- Non-GAAP operating income of $4 to $5 million for Q3 2022.
- Total revenue of $475 to $477 million for the full year 2022.
- Non-GAAP operating income of $21 to $23 million for the full year 2022.
- Amortization is expected to be approximately $12.3 million for Q3 2022 and $47.9 million for the full year 2022.
Headwinds
- Stock-based compensation and related payroll taxes is expected to be approximately $23.2 million for Q3 2022
- Stock-based compensation and related payroll taxes is expected to be approximately $116.9 million for the full year 2022.
- Jamf is unable to provide a quantitative reconciliation of forward-looking guidance of non-GAAP operating income to GAAP operating income (loss) because certain items are out of Jamf’s control or cannot be reasonably predicted.
- These items have included, but are not limited to, acquisition-related expenses and acquisition-related earn-out, offering costs, amortization and stock-based compensation and related payroll taxes.
- These items are uncertain, depend on various factors, and could result in projected GAAP operating income (loss) being materially less than is indicated by currently estimated non-GAAP operating income.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q2 2022
-3.8%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-3.7%
Avg return
30 days after
33%
8 / 24 earnings
Positive
+7.5%
Q2 2025
Best reaction
-26.4%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.1% | +0.0% | +1.0% | |
| Q2 2025 | +7.5% | +17.2% | +24.9% | |
| Q1 2025 | -4.1% | +3.7% | -6.1% | |
| Q4 2024 | -7.1% | -3.9% | -11.9% | |
| Q3 2024 | -9.3% | -12.9% | -12.9% | |
| Q2 2024 | +3.2% | +2.0% | +8.3% | |
| Q1 2024 | -5.0% | -2.9% | -26.4% | |
| Q4 2023 | -9.5% | -11.6% | -7.8% | |
| Q3 2023 | -3.5% | -2.2% | +2.8% | |
| Q2 2023 | -16.8% | -10.1% | -16.3% | |
| Q1 2023 | -0.2% | +2.2% | +3.4% | |
| Q4 2022 | -3.9% | -0.4% | -12.4% | |
| Q3 2022 | +2.4% | +5.3% | +2.7% | |
| Q2 2022 | -1.0% | -0.8% | -14.8% | |
| Q1 2022 | -10.9% | -0.1% | +10.4% | |
| Q4 2021 | +0.5% | — | — | |
| Q3 2021 | -26.4% | — | — | |
| Q4 2018 | +2.8% | — | — | |
| Q2 2021 | +2.1% | — | — | |
| Q1 2021 | -3.3% | — | — | |
| Q4 2020 | -7.0% | — | — | |
| Q3 2020 | +4.3% | — | — | |
| Q4 2019 | -6.3% | — | — | |
| Q2 2020 | -0.3% | — | — | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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