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EX - 99.1 2 infa - 2021q3x8k_ex991final.htm EX - 99.1 Informatica CLOUD FIRST . DATA ALWAYS . ● Informatica Reports Third Quarter 2021 Financial Results REDWOOD CITY , CA , November 30 , 2021 - Informatica ( NYSE : INFA ) , an enterprise cloud data management leader , today announced financial results for its third quarter 2021 , ended September 30 , 2021 . ● Subscription annualized recurring revenue ( ARR ) increased 36 % year - over - year to $ 736 million Cloud ARR increased 44 % year - over - year to $ 287 million Subscription revenue increased 31 % year - over - year to $ 194 million " We continued our strong global momentum in the third quarter with subscription ARR growing 36 % year - over year to $ 736 million , validating our success and expansion as a cloud - first , subscription - led data management leader . Cloud ARR increased by 44 % year - over - year to $ 287 million , a testament to our competitive differentiation and the power of Informatica's Intelligent Data Management Cloud platform to drive meaningful return on investment for our customers and strategic partners , " said Amit Walia , Chief Executive Officer at Informatica . " Looking ahead , our priority is to continue to drive growth and product - led innovation , which will allow us to maintain our clear leadership position in a large and growing market . " Third Quarter 2021 Financial Highlights : GAAP total revenues increased 11 % year - over - year to $ 361.8 million . Total ARR increased 17 % year - over - year to $ 1.3 billion . GAAP Operating Income of $ 28.7 million and Non - GAAP Operating Income of $ 94.7 million . GAAP Net Income of $ 2.7 million and Adjusted EBITDA of $ 100.9 million . Exhibit 99.1 ● Trailing twelve months ( " TTM " ) GAAP Net Loss of $ 66.4 million and TTM Adjusted EBITDA of $ 401.3 million . GAAP Operating Cash Flow of $ 37.9 million and unlevered free cash flow ( after - tax ) of $ 62.9 million . A reconciliation of GAAP to non - GAAP financial measures has been provided in the tables included in this press release . An explanation of these measures is also included below under the heading " Non - GAAP Financial Measures . " Third Quarter 2021 Business Highlights : Announced on - premises to Cloud Modernization Program with Snowflake that modernizes PowerCenter workloads to the Informatica Intelligent Data Management Cloud ( IDMC ) 12x faster with 90 % or greater automated conversion to the Snowflake Data Cloud . Introduced Unified Data Governance and Catalog As - A - Service , a new service bringing together data cataloging , data quality , and data governance capabilities on the Informatica Intelligent Data Management Cloud ( IDMC ) with unified metadata - driven intelligence delivered natively in the cloud . Achieved a subscription net retention rate of 116 % at the end of September 30 , 2021 . Processed 23.3 trillion cloud transactions per month for the quarter ending September 30 , 2021 , as compared to 13.6 trillion cloud transitions per month in the same quarter last year . Reported 127 customers that spend more than $ 1 million in subscription ARR at the end of September 30 , 2021 , an increase of 44 % year - over - year .