Earnings release
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Exhibit 99.1 Anaplan Announces Second Quarter Fiscal Year 2022 Financial Results • Second Quarter Subscription Revenue up 34.6 % Year - Over - Year • Remaining Performance Obligation of $ 905.6 million , up 28.8 % Year - Over - Year • Dollar - Based Net Expansion of 119 % SAN FRANCISCO , August 31 , 2021 - Anaplan , Inc. ( NYSE : PLAN ) , provider of a leading cloud - native platform for orchestrating business performance , today announced financial results for its second quarter ended July 31 , 2021 . " We are pleased with our strong performance and healthy momentum across the business , ” said Frank Calderoni , chief executive officer of Anaplan . " With the post - pandemic economy emerging , we are well positioned to take advantage of the numerous market opportunities to help solve our customers ' biggest challenges . I want to personally thank all our employees for their resiliency and commitment . " Second Quarter Fiscal 2022 Financial Results • • • Total revenue was $ 144.3 million , an increase of 35.5 % year - over - year . Subscription revenue was $ 130.8 million , an increase of 34.6 % year - over - year . GAAP operating loss was $ 49.1 million or 34.0 % of total revenue , compared to $ 37.7 million in the second quarter of fiscal 2021 or 35.4 % of total revenue . Non - GAAP operating loss was $ 10.9 million or 7.6 % of total revenue , compared to $ 9.6 million in the second quarter of fiscal 2021 or 9.0 % of total revenue . GAAP loss per share was $ 0.35 , compared to $ 0.26 in the second quarter of fiscal 2021. Non - GAAP loss per share was $ 0.09 , compared to $ 0.04 in the second quarter of fiscal 2021 . Cash and Cash Equivalents were $ 312.9 million as of July 31 , 2021 . Financial Outlook The company is providing the following guidance for its third quarter fiscal 2022 : • Total revenue is expected to be between $ 145.5 and $ 146.5 million . • Non - GAAP operating margin is expected to be between negative 10 % and 11 % . As a baseline for third quarter , we expect billings to be in the range of $ 179 million to $ 181 million . The company is updating its previous guidance provided on May 27 , 2021 for its full year fiscal 2022 : • Total revenue is expected to be between $ 571.5 and $ 573.5 million ( was between $ 555 and $ 560 million ) . 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 . 1