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Exhibit 99.1 Anaplan Announces Third Quarter Fiscal Year 2022 Financial Results Third Quarter Subscription Revenue up 33.1 % Year - Over - Year Remaining Performance Obligation of $ 923.2 million , up 24.8 % Year - Over - Year Dollar - Based Net Expansion of 119 % SAN FRANCISCO , November 23 , 2021 Anaplan , Inc. ( NYSE : PLAN ) , provider of a leading cloud - native platform for orchestrating business performance , today announced financial results for its third quarter ended October 31 , 2021 . " With a constantly changing environment , we solve our customers ' complex challenges . I am excited about our innovation with the Anaplan Autonomous Enterprise , which provides a real - time , scalable , and intelligent approach to plan , analyze and act , " said Frank Calderoni , chief executive officer of Anaplan . “ We delivered another solid quarter and the robust demand for an enterprise - wide planning solution positions us well to capitalize on growth opportunities . ” Third Quarter Fiscal 2022 Financial Results • Total revenue was $ 155.3 million , an increase of 35.2 % year - over - year . Subscription revenue was $ 139.3 million , an increase of 33.1 % year - over - year . GAAP operating loss was $ 48.2 million or 31.0 % of total revenue , compared to $ 35.9 million in the third quarter of fiscal 2021 or 31.2 % of total revenue . Non - GAAP operating loss was $ 6.9 million or 4.4 % of total revenue , compared to $ 6.1 million in the third quarter of fiscal 2021 or 5.3 % of total revenue . GAAP loss per share was $ 0.28 , compared to $ 0.26 in the third quarter of fiscal 2021. Non - GAAP loss per share was $ 0.05 , flat compared to the third quarter of fiscal 2021 . Cash and Cash Equivalents were $ 312.4 million as of October 31 , 2021 . Financial Outlook The company is providing the following guidance for its fourth quarter fiscal 2022 : • • Total revenue is expected to be between $ 154.0 and $ 155.0 million . Non - GAAP operating margin is expected to be between negative 10.0 % and 11.0 % . As a baseline for third quarter , we expect billings to be in the range of $ 213 million to $ 214 million . The company is updating its previous guidance provided on August 31 , 2021 for its full year fiscal 2022 : • Total revenue is expected to be between $ 583.5 and $ 584.5 million ( was between $ 571.5 and $ 573.5 million ) . Non - GAAP operating margin is expected to be between negative 7.5 % and 8.5 % . 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