Informatica net worth reflects its position as a cloud data management leader. With strategic partnerships and innovations like CLAIRE GPT, Informatica continues to grow.
At Ando Money, we delve into how Informatica’s partnerships and expansions drive its financial success in 2024. From cloud subscriptions to strategic alliances, here’s an in-depth look at how this company shapes its financial future.
Quick Facts
| FACT | DETAIL |
|---|---|
| Name | Informatica |
| Full Name | Informatica Inc. |
| Website | www.informatica.com |
| Industry | Software, Cloud Data Management |
| Traded as | NYSE: INFA |
| ISIN | US45666Q1031 |
| Founded | 1993 |
| Founders | Gaurav Dhillon, Diaz Nesamoney |
| Country/Territory | United States |
| Headquarters | Redwood City, California |
| Chief Executive Officer | Amit Walia |
| Number of Employees | N/A |
| Market Cap | $7.69 billion |
| Total Assets | $5.202 billion (2023) |
| Total Equity | $2.213 billion (2023) |
| Revenue | $400.6 million (Q2 2024) |
| Net Income | $4.8 million (Q2 2024) |
What is the Net Worth/Market Cap of Informatica in 2024?
Informatica’s market cap as of October 2024 is valued at $7.69 billion, ranking it among the 2102nd most valuable companies in the world.
Compared to competitors, Informatica is growing at a steady pace in the data management industry.
To provide a comparison, here are some of the close and semantic entities that are related to Informatica:
- Microsoft
- Salesforce
- Snowflake
- Databricks
- Oracle
- Permira
- Canada Pension Plan Investment Board
- Privitar
Informatica’s partnerships with these companies help it maintain a strong market presence.
To explore more companies with substantial value, check out our analysis on the most valuable companies on Ando Money’s richest companies.
Informatica Financial Performance Overview
Key Factors Driving Revenue Growth in Recent Quarters
Informatica’s financial performance is driven significantly by its cloud subscription services. In Q2 2024, its Cloud Subscription ARR saw a 37% increase, reaching $703 million.
This impressive growth highlights the rising demand for cloud-based solutions and subscription-based models.
Additionally, the total Annual Recurring Revenue (ARR) climbed to $1.67 billion, a 7.8% year-over-year increase.
The growth of cloud transactions, which processed 96.6 trillion transactions per month, also demonstrates the increasing reliance on Informatica’s services.
Strategic Partnerships Boosting Financial Performance
Informatica has capitalized on several strategic partnerships, particularly with Microsoft, Snowflake, and Databricks.
These collaborations enhance its capabilities in cloud data integration and data quality management, driving up subscription revenue.
Its partnership with Salesforce positions Informatica in the forefront of enterprise cloud solutions. Investments from Permira and the Canada Pension Plan Investment Board further strengthen its financial backing, ensuring sustainable growth.
Innovation and Product Expansion Enhancing Revenue
Innovation is another key driver of Informatica’s financial success. The launch of CLAIRE GPT, an AI-powered data management assistant, has revolutionized its product offerings.
By leveraging AI, Informatica delivers more efficient data management solutions for enterprises.
The acquisition of Privitar, a data management tool, has also expanded Informatica’s portfolio, allowing it to offer more comprehensive services to its customers.
These innovations are central to increasing both customer retention and new client acquisition.
Global Presence and Expansion Strategies
Informatica is expanding its global footprint. A notable expansion is its entry into Saudi Arabia, aligning with the Kingdom’s vision for a cloud-first strategy.
This move, ahead of the World Expo 2030, further positions Informatica as a leader in the data management industry.
Expanding into new markets is essential for Informatica’s revenue growth, and this strategy helps the company diversify its income streams.
Impact of Restructuring on Operational Efficiency and Profitability
Informatica has undertaken a restructuring plan to improve operational efficiency. This plan included permanent layoffs of 10% of its workforce and reducing office space, which aligns with its focus on cloud offerings.
While this has reduced operational costs, it has also increased profitability. The financial benefits of this restructuring are reflected in the company’s GAAP Operating Income, which was $9.5 million in Q2 2024, with non-GAAP Operating Income at $114.9 million.
Financial Results and Revenue Breakdown by Segment
Informatica’s subscription revenue in Q2 2024 grew by 16%, amounting to $264.3 million.
Cloud subscription services represent 61% of this, which underscores the company’s shift towards a cloud-first model.
Self-managed subscriptions, on the other hand, contributed $53.9 million. This diversification of revenue streams highlights the company’s adaptability and resilience in a competitive market.
Forward-Looking Financial Projections
Informatica has raised its 2024 financial guidance, projecting continued growth in Cloud Subscription ARR, which is expected to reach $829 to $843 million by the end of the year.
Total ARR is expected to be between $1.718 to $1.772 billion, reflecting a 7.3% year-over-year growth.
With Adjusted Unlevered Free Cash Flow projected to rise to $545 to $565 million, Informatica is well-positioned for future profitability.
FAQs About Informatica
How does Informatica make money?
It generates revenue primarily through cloud subscription services and self-managed subscriptions.
Its Cloud Subscription ARR and Total ARR are critical indicators of its revenue streams, showing significant growth in 2024.
What is CLAIRE GPT?
CLAIRE GPT is Informatica’s AI-powered data management assistant. It enhances the company’s data management offerings by using artificial intelligence to automate and optimize data integration processes.
Who are its key partners?
The company has formed strategic partnerships with several leading companies, including Microsoft, Snowflake, Databricks, and Salesforce.
What was Informatica’s revenue in Q2 2024?
In Q2 2024, Informatica reported $400.6 million in total revenue. This represents a 6.6% increase year-over-year, driven primarily by the growth of its cloud subscription services.
What is Informatica’s total ARR in 2024?
As of Q2 2024, its Total ARR stands at $1.67 billion, with Cloud Subscription ARR contributing $703 million.
Conclusion
Informatica continues to excel in the financial landscape through its innovative products and strategic partnerships. If you’d like to dive deeper into the finances of leading companies, visit Ando Money for more in-depth articles.
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