NYSE$INFA

Informatica Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Informatica reported a decline in revenue but strong growth in cloud subscription ARR.

Informatica's Q4 2024 revenue declined by 3.78% YoY, primarily due to lower self-managed subscription renewals. However, Cloud Subscription ARR grew 34% YoY, highlighting the company's continued cloud transition. Operating margin improved significantly, driven by cost efficiencies.

  • Revenue declined 3.78% YoY to $428,305,000 due to lower self-managed subscription renewals.
  • Cloud Subscription ARR grew 34% YoY to $827,307,000, reflecting strong demand.
  • Non-GAAP EPS increased 28.13% YoY to $0.41, indicating profitability improvements.
  • Operating margin rose 650 basis points to 14.80%, driven by cost optimizations.

Headline financials

Total Revenue

$428M

Previous: $445M-3.8%
EPS (adj)

$0.41

Previous: $0.32+28.1%
Cloud transactions processed per month

110700.0B

Previous: 86+128720930232458.1%
Cloud Subscription NRR

124.0%

Previous: 119.0%+4.2%
Maintenance Renewal Rate

92.0%

Previous: 95.0%-3.2%
Net Income

$9.75M

Previous: $64.3M-84.8%
Operating Income

$63.4M

Previous: $36.8M+72.2%

Revenue & EPS history

Informatica · Revenue · Quarterly

$428M

Q4 2024-3.8%vs Q4 2023
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 expects moderate revenue growth in FY25, driven by continued cloud transition but offset by foreign exchange headwinds and weaker self-managed subscription renewals.

Tailwinds

  • Cloud Subscription ARR expected to reach approximately $1 billion by FY25-end.
  • Total revenue guidance for FY25 in the range of $1.67B - $1.72B (+3.4% YoY at midpoint).
  • Non-GAAP operating income expected to grow 3.5% YoY to a range of $546M - $566M.
  • Strategic partnerships with AWS, Databricks, and Google Cloud expanding.
  • Cost efficiencies expected to drive improved profitability metrics.

Headwinds

  • Lower-than-expected self-managed subscription renewals impacting revenue.
  • FX headwinds projected to negatively impact total revenue by $20M in FY25.
  • Subscription renewal rates slightly declining YoY.
  • Net new bookings for cloud subscriptions were below expectations in Q4.
  • Maintenance ARR expected to decline as customers transition to cloud offerings.

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 Q4 2024

Historical avgQ4 2024

-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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro