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Exhibit 99.1 Anaplan Announces First Quarter Fiscal Year 2022 Financial Results • First Quarter Subscription Revenue up 26 % Year - Over - Year • Remaining Performance Obligation of $ 832.3 million , up 29 % Year - Over - Year • Dollar - Based Net Expansion of 118 % Announces Chief Financial Officer transition SAN FRANCISCO , May 27 , 2021 — Anaplan , Inc. ( NYSE : PLAN ) , provider of a leading cloud - native platform for orchestrating business performance , today announced financial results for its first quarter ended April 30 , 2021 . " We started our fiscal year with a solid first quarter as we are seeing the need for enterprise - wide planning increase globally , " said Frank Calderoni , chief executive officer of Anaplan . “ Our results continue to build on our market leadership and the growing interest in digitizing planning across all functions . " First Quarter Fiscal 2022 Financial Results Total revenue was $ 129.8 million , an increase of 25 % year - over - year . Subscription revenue was $ 118.3 million , an increase of 26 % year - over - year . GAAP operating loss was $ 49.6 million or 38.2 % of total revenue , compared to $ 38.8 million in the first quarter of fiscal 2021 or 37.3 % of total revenue . Non - GAAP operating loss was $ 12.4 million or 9.6 % of total revenue , compared to $ 13.4 million in the first quarter of fiscal 2021 or 12.9 % of total revenue . GAAP loss per share was $ 0.36 , compared to $ 0.29 in the first quarter of fiscal 2021. Non - GAAP loss per share was $ 0.10 , flat compared to the first quarter of fiscal 2021 . Cash and Cash Equivalents were $ 327.5 million as of April 30 , 2021 . Financial Outlook The company is providing the following guidance for its second quarter fiscal 2022 : • Total revenue is expected to be between $ 133.5 and $ 134.5 million . • Non - GAAP operating margin is expected to be between negative 14 % and 15 % . As a baseline for second quarter , we expect billings to be in the range of $ 138 million to $ 140 million . The company is updating its previous guidance provided on February 25 , 2021 for its full year fiscal 2022 : Total revenue is expected to be between $ 555 and $ 560 million ( was between $ 550 and $ 555 million ) . 1 Non - GAAP operating margin is expected to be between negative 8.0 % and 9.0 % . The guidance provided above are forward - looking statements and actual results may differ materially . Refer to the " Forward - Looking Statements " safe harbor section below for information on the factors that could cause our actual results to differ materially from these forward - looking statements . The section titled “ Non - GAAP Financial Measures " below contains a description of the non - GAAP financial measures used in this press release , definitions of our operating metrics and a reconciliation of GAAP and non - GAAP financial measures is contained in the tables below . A reconciliation of non - GAAP measures to corresponding GAAP measures is not available on a forward - looking basis without unreasonable effort due to the uncertainty regarding , and the potential variability of , costs and expenses , including the impact of stock - based compensation , which is dependent on factors such as future stock price and volume of equity awards granted in the future , that may be incurred in the future and therefore , cannot be reasonably predicted . The effect of these excluded items may be significant . CFO Transition Anaplan also today announced that Chief Financial Officer David H. Morton , Jr. will step down from his position later this year to spend more time with his family . Anaplan has initiated a search for its next CFO with the assistance of an external search firm , and Dave will continue in his role until his successor is hired .