CyberArk's earnings call reflects a strong financial performance in 2024, marked by record revenue, significant margin improvements, and strategic acquisitions. The company demonstrated resilience and adaptability in addressing market demands, particularly in machine identity and modern IGA solutions. While minor challenges such as currency fluctuations and declining maintenance ARR were noted, the overall sentiment is overwhelmingly positive.

Company Guidance

During the CyberArk Q4 and full-year 2024 earnings call, the company provided guidance for 2025, projecting annual recurring revenue (ARR) to reach between $1.410 billion and $1.420 billion, representing a 21% year-over-year growth at the midpoint. For the full-year 2025, they expect total revenue to be between $1.308 billion and $1.318 billion, reflecting a 31% increase from the previous year. The company also anticipates operating income to range from $215 million to $225 million and free cash flow to be between $300 million and $310 million, despite accounting for a $70 million tax payment related to a recent acquisition. These projections underscore CyberArk's confidence in continued growth, particularly after surpassing the $1 billion mark in ARR and achieving a Rule of 40 status a year ahead of schedule.

Record-Breaking Revenue and Growth

CyberArk exceeded $1 billion in ARR and $1 billion in revenue for the first time in 2024, demonstrating strong financial performance.

Significant Operating Margin Increase

Operating margin increased to 15% for the year, showcasing the inherent leverage in CyberArk's business model.

Venafi and Zilla Security Acquisitions

CyberArk acquired Venafi and Zilla Security to expand its capabilities in machine identity and modern IGA solutions, enhancing its competitive position.

Strong Free Cash Flow

CyberArk generated $221 million in free cash flow in 2024, reflecting a 22% free cash flow margin.

Return to Rule of 40

CyberArk returned to being a Rule of 40 company, a year ahead of its playbook and long-term targets.

Secrets Management Success

Secrets Management was the fastest growing solution for CyberArk in 2024, indicating strong demand for securing machine identities.

Impressive Geographic Growth

CyberArk achieved significant growth across all regions: 17% in the Americas, 26% in EMEA, and 19% in APJ.

---

CyberArk Software (CYBR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CYBR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 01, 2025	2025 (Q1)	0.79 / -	0.75	―	―	―
Feb 13, 2025	2024 (Q4)	0.72 / 0.80	0.81	-1.23% (-0.01)
Nov 13, 2024	2024 (Q3)	0.46 / 0.94	0.42	123.81% (+0.52)
Aug 08, 2024	2024 (Q2)	0.40 / 0.54	0.03	1700.00% (+0.51)
May 02, 2024	2024 (Q1)	0.28 / 0.75	-0.17	541.18% (+0.92)
Feb 08, 2024	2023 (Q4)	0.47 / 0.81	0.16	406.25% (+0.65)
Nov 02, 2023	2023 (Q3)	0.23 / 0.42	-0.06	800.00% (+0.48)
Aug 10, 2023	2023 (Q2)	-0.13 / 0.03	-0.27	111.11% (+0.30)
May 11, 2023	2023 (Q1)	-0.26 / -0.17	-0.3	43.33% (+0.13)
Feb 09, 2023	2022 (Q4)	0.13 / 0.16	0.28	-42.86% (-0.12)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

CYBR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 13, 2025	$380.86	$414.31	+8.78%
Nov 13, 2024	$300.76	$291.61	-3.04%
Aug 08, 2024	$243.47	$263.59	+8.26%
May 02, 2024	$237.16	$233.54	-1.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---