Informatica Inc.
24.85+0.00 (+0%)
Oct 29, 4:00:02 PM EDT · NYSE · INFA · USD
Key Stats
Market Cap
7.57BP/E (TTM)
-Basic EPS (TTM)
-0.03Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Informatica's Q2 FY2025 revenue climbed 2% y/y to $407.3M, driven by 30% y/y growth in cloud subscription to $209.9M, though self-managed licenses dropped 33% y/y to $36.1M as customers shift to cloud offerings. Gross margin held steady at 80%, while operating expenses rose 6% y/y to $326.1M, mainly from merger-related costs, yielding a slim operating loss of $0.1M versus $9.5M income last year. Net loss narrowed to $4.6M or $(0.02) diluted EPS, with YTD net loss of $3.3M or $(0.01) EPS, reconciled to 302.8M diluted shares. Cash swelled to $1.1B, up 15% q/q, with $178.8M YTD operating cash flow; free cash flow hit $174.0M YTD (derived). Total debt stood at $1.8B, with $250M revolver availability and no covenant breaches. The pending Salesforce merger, announced May 2025 for $25/share cash, eyes early 2027 close pending approvals. Yet competition in data management intensifies, pressuring margins.
8-K
Q2 cloud ARR surges 28%
Informatica reported Q2 2025 results on August 6, with total revenues up 1.7% to $407.3 million, driven by cloud subscription revenue surging 30.1% to $209.9 million—73.1% of subscription revenue. Cloud Subscription ARR hit $901 million, up 28.2% year-over-year, while total ARR grew 3.1% to $1.72 billion; non-GAAP operating income reached $109.4 million. Cloud transactions processed jumped 33% to 128.2 trillion monthly. The pending Salesforce acquisition continues, but no guidance issued amid uncertainty.
8-K
Annual meeting elects directors
Informatica's stockholders overwhelmingly elected Amit Walia, Bruce Chizen, and Mitesh Dhruv as Class I directors for three-year terms at the June 18, 2025 annual meeting, with Walia and Dhruv securing strong support while Chizen faced more withheld votes. The appointment of Ernst & Young LLP as auditors for the fiscal year ending December 31, 2025, passed decisively with over 218 million votes in favor. Say-on-pay compensation for executives won advisory approval amid mixed sentiment. Board refreshment bolsters governance continuity.
8-K
Salesforce to buy Informatica
Informatica inked a merger deal with Salesforce on May 26, 2025, where Salesforce's sub will acquire it for $25.00 per share in cash, pending regulatory nods and closing by May 26, 2026. Lead investors, holding 56.5% of voting stock, greenlit the pact via written consents, dodging a full shareholder vote. Equity awards convert or vest per terms, but antitrust hurdles loom large. Deal's on.
8-K
Salesforce to acquire Informatica
Salesforce announced a definitive agreement on May 26, 2025, to acquire Informatica for $8 billion in equity value, net of its existing stake, paying $25 cash per share of Class A and B-1 common stock. The deal, approved by both boards and 63% of Informatica's voting power, aims to bolster Salesforce's AI data foundation through Informatica's integration, governance, and metadata tools, enhancing Agentforce and Data Cloud. It expects to close early in Salesforce's fiscal 2027, pending regulatory approvals. Yet regulatory hurdles could delay or derail the merger.
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