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citrix . 2021 | Q2 Financials July 29 , 2021 To Our Stakeholders Our second quarter results reflect continued positive momentum in our business model transition with accelerating SaaS ARR , strong growth in Citrix Cloud Paid Subscribers¹ and a higher - than - expected mix of SaaS bookings as a percentage of total subscription bookings² . Reported revenue , however , reflects the challenge associated with transitioning the business to SaaS and the need to evolve our sales strategy to deliver more predictable results . Key takeaways include : SaaS ARR of more than $ 1B , up 74 % year - over - year . Excluding Wrike , second quarter SaaS ARR accelerated for the third consecutive quarter to $ 868 million , up 47 % year - over - year . The number of Citrix Cloud Paid Subscribers increased 52 % year - over - year , to 11.4 million with growth accelerating from 34 % year - over - year in Q1 2021 . Total ARR³ , which captures the value of all subscription sources as well as perpetual license maintenance contracts , was more than $ 3B and grew 19 % year - over - year , and 13 % year - over - year excluding Wrike , in line with expectations provided during Q1 2021 earnings . SaaS mix of subscription bookings was 63 % , compared to guidance of 50-55 % . Significant changes to be made to our sales organization , processes , and our go - to - market priorities - to enhance customers moving to SaaS at a faster pace , while delivering more consistent results . Reported revenue , including Wrike , was $ 812 million . GAAP diluted EPS was $ 0.50 , and non - GAAP diluted EPS4 was $ 1.24 . Board of Directors declared a quarterly dividend of $ 0.37 per share to be paid on September 24 , 2021 , to shareholders of record on September 10 , 2021 . ¹For definition of Citrix Cloud Paid Subscribers , see footnote 5 below . 2 SaaS bookings as a percentage of subscription bookings is an operating metric that is calculated by dividing the SaaS bookings annualized contract value ( " ACV " ) by total subscription bookings ACV . We define ACV as the total value of a contract divided by the term of the contract ( in days ) , multiplied by 365. A booking is defined as the full monetary value sold to a customer for product or services in a given period . If the term of the contract is less than a year , then the booking is equal to the total contract value . ³ For definitions of Total ARR , Subscription ARR , Maintenance ARR and SaaS ARR , see footnote 6 below . 4A reconciliation of GAAP to non - GAAP measures has been provided in the financial statement tables included in this letter . An explanation of these measures is also included below under the heading " Reconciliation of Non - GAAP Financial Measures to Comparable U.S. GAAP Measures . " citrix . 2021 Q2 Financials 1