“In the face of some headwinds, we had solid execution in Q2, including $346 million in cloud revenue, a 59 percent increase over last year,” said Jason Child, CFO of Splunk. These customers appreciate the unique and unmatched level of visibility we provide into their data and consider Splunk their partner of choice to secure and strengthen their mission critical operations.” “Splunk is well-positioned to deliver long-term, durable growth and profitability as we help the world’s largest and most innovative enterprises improve their cybersecurity and business resilience. We also delivered substantially higher non-GAAP operating margin for the quarter, driven by our laser focus on balancing growth with profitability,” said Gary Steele, President and CEO of Splunk. “The value we bring customers is evident in our Q2 results, with total revenues growing 32 percent. Total revenues were $799 million, up 32% year-over-year.Ĭloud revenue was $346 million, up 59% year-over-year.Ĭloud Dollar-Based Net Retention Rate was 129%.ħ23 customers with total ARR greater than $1 million, up 24% year-over-year. (NASDAQ: SPLK), the data platform leader for security and observability, today announced results for its fiscal second quarter ended July 31, 2022.
#Splunk statement of cashflows full#
Increases Full Year Revenue, Profitability and Cash Flow Outlook No cash balance or cash flow is included in the calculation.Total Revenues Grow 32% Cloud Revenue up 59% Please note all regulatory considerations regarding the presentation of fees must be taken into account.
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