New and Expansion Customers Include: Bass Pro Shops, Carvana, Clemson University, E.ON (Germany), Founders Federal Credit Union (FIT CUSO), Herbalife Nutrition, HSBC Group (United Kingdom), Idaho National Laboratory, Intrado, James Paget University Hospitals - NHS Foundation Trust (United Kingdom), National University of Singapore, Nu Skin, Ocado Group (United Kingdom), Toyota Systems Corporation (Japan), TripActions
“While the environment was a challenge in the quarter, we are enthusiastic about the large and growing opportunity ahead and remain confident in our long-term growth trajectory.” “Our cloud momentum continued in the third quarter, we exceeded our cash flow target significantly and we ended with Cloud ARR up 71% year-over-year - among the highest growth rates in the industry,” said Jason Child, chief financial officer, Splunk. Today, there’s no better strategic partner to help organizations turn their data into action and accelerate their journey to the cloud than Splunk.” “We crossed an important milestone during the quarter as continued demand for data-driven insights across our global customer-base drove our total ARR to over $2 billion. “Even in the face of uncertain market conditions, Splunk remains one of the fastest growing companies in the history of enterprise software,” said Doug Merritt, President and CEO, Splunk. Total revenues were $559 million, down 11% year-over-year.Ĥ44 customers with ARR greater than $1 million. Total ARR was $2.07 billion, up 44% year-over-year.Ĭloud revenue was $145 million, up 80% year-over-year. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced results for its fiscal third quarter ended October 31, 2020.Ĭloud ARR was $630 million, up 71% year-over-year. SAN FRANCISCO-( BUSINESS WIRE)- Splunk Inc.
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