NYSE$INFA

Informatica Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Informatica's Q1 2022 financial results were announced, demonstrating growth in key areas.

Informatica reported a strong first quarter in 2022, with subscription ARR increasing 32% year-over-year to $849 million and cloud ARR growing 43% year-over-year to $343 million. Total revenues increased by 9% year-over-year to $362.3 million, and the company achieved GAAP operating income of $6.2 million and non-GAAP operating income of $83.4 million.

  • Subscription ARR increased 32% year-over-year to $849 million.
  • Cloud ARR increased 43% year-over-year to $343 million.
  • Total revenues increased 9% year-over-year to $362.3 million.
  • GAAP operating income was $6.2 million and Non-GAAP operating income was $83.4 million.

Headline financials

Total Revenue

$362M

Previous: $334M+8.6%
EPS (adj)

$0.20

Previous: -$0.01+2100.0%
Cloud transactions processed per month

32.2

Previous: 19.6+64.3%
Cloud Subscription NRR

113.0%

Previous: 115.0%-1.7%
Maintenance Renewal Rate

96.0%

Previous: 96.0%+0.0%
Capital Expenditures

-$644K

Previous: $738K-187.3%
Free Cash Flow

$69.5M

Previous: $64.2M+8.3%
Net Income

-$3.19M

Previous: -$2M-59.7%
Operating Income

$6.24M

Previous: $18M-65.4%
Gross Profit

$279M

Previous: $256M+8.7%
Cash & Equivalents

$545M

Previous: $399M+36.8%
Total Assets

$4.83B

No prior period
Stock-Based Comp

$29.3M

Previous: $2.58M+1036.0%

Revenue & EPS history

Informatica · Revenue · Quarterly

$362M

Q1 2022+8.6%vs Q1 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Informatica · $407M total across 3 segments · Q4 2021

  • Cloud subscription revenue
    $230M+23.5%
  • Maintenance revenue
    $167M
  • Self-managed subscription license revenue
    $10.2M-60.1%

Forward guidance

Informatica provided guidance for the second quarter and full year 2022. For the second quarter, total revenues are expected to be in the range of $358 million to $368 million, and subscription ARR is expected to be in the range of $875 million to $885 million. For the full year, total revenues are expected to be in the range of $1,585 million to $1,605 million, and subscription ARR is expected to be in the range of $990 million to $1,010 million.

Tailwinds

  • Total Revenues in the range of $358 million to $368 million for Q2 2022.
  • Subscription ARR in the range of $875 million to $885 million for Q2 2022.
  • Cloud ARR in the range of $365 million to $371 million for Q2 2022.
  • Non-GAAP Operating Income in the range of $44 million to $51 million for Q2 2022.
  • Total Revenues in the range of $1,585 million to $1,605 million for FY 2022.

Headwinds

  • Guidance is based on current market conditions and expectations.
  • Guidance is subject to various important cautionary factors.
  • Reconciliation of non-GAAP operating income and unlevered free cash flow after-tax guidance to the most directly comparable GAAP measures is not available without unreasonable effort.
  • Certain items cannot be reasonably predicted because of their high variability, complexity, and low visibility.
  • Stock-based compensation expense and employer payroll tax-related items on employee stock transactions are directly impacted by the timing of employee stock transactions and unpredictable fluctuations in our stock price.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.2%

Avg return

Earnings day

-0.7%

Avg return

5 days after

+0.1%

Avg return

30 days after

45%

10 / 22 earnings

Positive

+17.7%

Q3 2023

Best reaction

-26.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025
Q3 2025+0.1%+0.0%
Q2 2025-0.1%-0.0%+0.2%
Q1 2025+0.4%+2.3%+26.8%
Q4 2024-21.5%-20.7%-27.4%
Q3 2024+1.9%-4.3%-1.4%
Q2 2024-1.8%-2.4%+3.1%
Q1 2024-2.1%-3.1%-6.9%
Q4 2023+15.1%+15.6%+16.3%
Q3 2023+17.7%+18.7%+31.0%
Q2 2023+11.5%+13.4%+10.2%
Q1 2023-6.8%-3.0%+17.1%
Q4 2022-0.1%-1.0%-15.3%
Q3 2022-4.6%-3.1%-13.1%
Q2 2021+2.6%-1.4%-7.5%
Q2 2022+11.8%+13.2%+17.9%
Q1 2021-10.9%-7.0%+2.6%
Q1 2022-0.6%-6.3%-4.6%
Q4 2019-0.7%+7.2%+11.3%
Q4 2021-26.6%-25.8%-31.6%
Q4 2020+5.9%-0.5%-17.2%
Q3 2020+5.9%-0.5%-17.2%
Q3 2021-1.3%-5.8%+8.5%
Q2 2020
Q1 2020
Q1 2015
Q4 2014

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