Financial Performance - Total Annual Recurring Revenue (ARR) increased by 15% to $4.2 billion, with Cloud ARR growing 23% to $2.186 billion[7]. - Total revenues for Q4 2024 reached $1.486 billion, up 19% year-over-year, while full-year revenues totaled $4.216 billion, a 15% increase[7]. - GAAP net income for Q4 was $427 million, and for the full year, it was $264 million, compared to a loss of $277.9 million in the previous year[7][16]. - Operating cash flow for the year exceeded $1 billion, with adjusted free cash flow increasing by 136% to $1.007 billion[3][7]. - Net income for the three months ended January 31, 2024, was $426,549, compared to a net income of $268,792 for the same period in 2023, representing a year-over-year increase of 58.7%[20]. - Total cash provided by operating activities for the fiscal year ended January 31, 2024, was $1,008,363, up from $449,630 in 2023, indicating a significant increase of 124.7%[29]. - Free cash flow (non-GAAP) for the three months ended January 31, 2024, was $416,777, compared to $268,621 in the same period of 2023, reflecting a growth of 55.2%[29]. - The company reported a significant increase in deferred revenue, with $611,917 for the three months ended January 31, 2024, compared to $489,026 in the same period of 2023, marking an increase of 25.1%[20]. - The company reported a net cash increase of $717,630 for the three months ended January 31, 2024, compared to a decrease of $142,342 in the same period of 2023[20]. Expenses and Margins - GAAP operating margin for Q4 was 29.1%, while non-GAAP operating margin was 47.8%[7]. - Operating income for the fiscal year ended January 31, 2024, was $239,504, with an operating margin of 5.7%[33]. - The company reported a gross margin of 79.8% for the cost of revenues in the fiscal year ended January 31, 2024[33]. - Cloud services gross margin improved to 74.5% for the three months ended January 31, 2024, compared to 71.4% in the previous quarter[30]. - Research and development expenses for the fiscal year ended January 31, 2024, totaled $943,933, with a reduction of $327,036 after adjustments[33]. - Sales and marketing expenses for the fiscal year ended January 31, 2024, were $1,671,102, showing a decrease of $253,216 after adjustments[33]. - General and administrative expenses were $454.531 million, with a net adjustment of $325.773 million[34]. - Stock-based compensation for the fiscal year ended January 31, 2024, was $786,824, slightly down from $789,138 in 2023, indicating a marginal decrease of 0.3%[20]. Strategic Initiatives - Splunk launched new security innovations, including Splunk Enterprise Security 7.3 and Splunk SOAR 6.2, enhancing security incident management[8]. - The pending acquisition by Cisco is expected to close in late Q1 or early Q2 2024, subject to regulatory approvals[5]. - The company expects continued growth in cloud services, with strategic investments planned for new product development and market expansion[30]. - Future outlook includes continued investment in cloud services and technology development[34]. - The company plans to expand its market presence through strategic acquisitions and partnerships[34]. Assets and Cash Flow - Splunk's total assets increased to $6.687 billion, up from $6.344 billion a year earlier[18]. - The company reported a significant increase in cash and cash equivalents, rising to $1.643 billion from $690.6 million year-over-year[18]. - The company incurred $23,354 in losses on facility exits for the three months ended January 31, 2024, compared to no losses reported in the same period of 2023[20]. - Cash paid for merger-related expenses was $1,132 for the three months ended January 31, 2024, with a total of $21,057 for the fiscal year[29]. - The company reported a net cash used in financing activities of $96,106 for the three months ended January 31, 2024, compared to $4,070 in the same period of 2023, showing a significant increase in cash outflow[29].

Splunk Inc. (SPLK) is scheduled to report fourth-quarter fiscal 2024 results on Feb 27, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 38.4%. It delivered a trailing four-quarter average earnings surprise of 99.3%.Based in San Francisco, CA, the software solutions company is expected to record higher revenues year over year, backed by healthy customer engagement, large-scale implementation of its cloud solutions, advanced AI capabilities and aggressive ac ...

In the latest trading session, Splunk (SPLK) closed at $154.50, marking a +0.05% move from the previous day. The stock's change was more than the S&P 500's daily loss of 1.37%. Elsewhere, the Dow saw a downswing of 1.35%, while the tech-heavy Nasdaq depreciated by 1.8%.Coming into today, shares of the maker of software that helps companies collect and analyze internal data had gained 1.16% in the past month. In that same time, the Computer and Technology sector gained 8.88%, while the S&P 500 gained 5.1%.Th ...

In the latest market close, Splunk (SPLK) reached $153.34, with a -0.02% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 1.25%. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 1.3%.Heading into today, shares of the maker of software that helps companies collect and analyze internal data had gained 0.8% over the past month, lagging the Computer and Technology sector's gain of 2.42% and the S&P 500's gai ...

Splunk (SPLK) closed at $153.36 in the latest trading session, marking a +0.04% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Heading into today, shares of the maker of software that helps companies collect and analyze internal data had gained 0.82% over the past month, lagging the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3 ...

Shares of Splunk Inc. (SPLK) surged 77% in 2023 on traction from healthy customer engagement, evident from the competitive win rates alongside solid momentum with large orders overall. Earnings estimates for the current fiscal have soared 69.2% over the past year, while that for the next fiscal are up 63.4%, implying solid inherent growth potential. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) stock appears primed for a similar performance in 2024. You can see the complete list of today’s Zack ...

The most recent trading session ended with Splunk (SPLK) standing at $152.65, reflecting a -0.05% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.Heading into today, shares of the maker of software that helps companies collect and analyze internal data had gained 0.57% over the past month, lagging the Computer and Technology sector's gain of 2.68% and the S&P 500 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED OCTOBER 31, 2023 OR Splunk Inc. (Exact name of registrant as specified in its charter) _____________________________________________________ (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Delaware 86-1106510 270 Brannan Street San Francis ...

Splunk Inc. (NASDAQ:SPLK) Q2 2024 Earnings Conference Call August 23, 2023 4:30 PM ET Company Participants Katie White - Director, IR Gary Steele - President and CEO Brian Roberts - CFO Conference Call Participants Matt Hedberg - RBC Capital Markets Brent Thill - Jefferies Brad Zelnick - Deutsche Bank Raimo Lenschow - Barclays Andrew Nowinski - Wells Fargo Sanjit Singh - Morgan Stanley Jacob Roberge - William Blair Rob Owens - Piper Sandler Bradley Sills - Bank of America Pinjalim Bora - JPMorgan Kei ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JULY 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-35498 ____________________________________________________ Splunk Inc. (Exact name of registrant as specified in its chart ...