CyberArk Software (CYBR) Revenue & Revenue Breakdown


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CyberArk Software Revenue Highlights


Latest Revenue (Y)

$751.89M

Latest Revenue (Q)

$221.55M

Main Segment (Y)

Saas

Main Geography (Y)

United States

CyberArk Software Revenue by Period


CyberArk Software Revenue by Year

DateRevenueChange
2023-12-31$751.89M27.07%
2022-12-31$591.71M17.66%
2021-12-31$502.92M8.29%
2020-12-31$464.43M7.04%
2019-12-31$433.89M26.43%
2018-12-31$343.20M31.14%
2017-12-31$261.70M20.82%
2016-12-31$216.61M34.70%
2015-12-31$160.81M56.13%
2014-12-31$103.00M55.69%
2013-12-31$66.16M40.14%
2012-12-31$47.21M29.82%
2011-12-31$36.37M-

CyberArk Software generated $751.89M in revenue during NA 2023, up 27.07% compared to the previous quarter, and up 219.08% compared to the same period a year ago.

CyberArk Software Revenue by Quarter

DateRevenueChange
2024-03-31$221.55M-0.70%
2023-12-31$223.10M16.66%
2023-09-30$191.24M8.75%
2023-06-30$175.84M8.74%
2023-03-31$161.71M-4.40%
2022-12-31$169.15M10.80%
2022-09-30$152.67M7.27%
2022-06-30$142.33M11.57%
2022-03-31$127.56M-15.70%
2021-12-31$151.32M24.44%
2021-09-30$121.60M3.73%
2021-06-30$117.23M3.97%
2021-03-31$112.76M-21.97%
2020-12-31$144.52M35.59%
2020-09-30$106.59M0.09%
2020-06-30$106.50M-0.31%
2020-03-31$106.83M-17.61%
2019-12-31$129.66M19.93%
2019-09-30$108.11M7.92%
2019-06-30$100.18M4.43%
2019-03-31$95.94M-12.03%
2018-12-31$109.05M28.82%
2018-09-30$84.65M8.93%
2018-06-30$77.71M8.26%
2018-03-31$71.78M-10.68%
2017-12-31$80.37M23.99%
2017-09-30$64.82M12.77%
2017-06-30$57.48M-2.63%
2017-03-31$59.03M-8.27%
2016-12-31$64.36M17.09%
2016-09-30$54.96M9.10%
2016-06-30$50.38M7.39%
2016-03-31$46.91M-8.85%
2015-12-31$51.47M28.49%
2015-09-30$40.06M10.12%
2015-06-30$36.38M10.51%
2015-03-31$32.91M-9.34%
2014-12-31$36.30M29.84%
2014-09-30$27.96M31.04%
2014-06-30$21.34M22.67%
2014-03-31$17.39M-13.25%
2013-12-31$20.05M18.72%
2013-09-30$16.89M2.46%
2013-06-30$16.48M29.48%
2013-03-31$12.73M-

CyberArk Software generated $221.55M in revenue during Q1 2024, up -0.70% compared to the previous quarter, and up 130.98% compared to the same period a year ago.

CyberArk Software Revenue Breakdown


CyberArk Software Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Saas$298.33M$166.36M$69.30M--
Self Hosted Subscription$173.69M$114.29M$65.33M--
Maintenance and support$207.56M$217.69M$214.04M$197.27M$159.73M
Perpetual License$21.04M$49.96M$115.74M--
Professional services$51.27M$43.40M$38.52M$41.05M$36.29M
License---$226.11M$237.88M

CyberArk Software's latest annual revenue breakdown by segment (product or service), as of Dec 23: Saas (39.68%), Maintenance and support (27.61%), Self Hosted Subscription (23.10%), Professional services (6.82%), and Perpetual License (2.80%).

CyberArk Software Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Europe, the Middle East and Africa$173.20M$130.75M$120.38M$101.45M$85.76M
United States$393.36M$312.82M$253.81M$246.81M$233.94M
Other Country$132.79M$100.55M$85.78M--
ISRAEL$6.78M$6.30M$7.42M$7.31M$7.83M
Other---$75.75M$70.22M

CyberArk Software's latest annual revenue breakdown by geography, as of Dec 23: United States (55.71%), Europe, the Middle East and Africa (24.53%), Other Country (18.81%), and ISRAEL (0.96%).

CyberArk Software Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
DOXAmdocs$4.89B$1.25B
CRWDCrowdStrike$3.06B$963.87M
FFIVF5$2.81B$695.50M
CHKPCheck Point Software$2.41B$598.80M
ZSZscaler$2.17B$553.20M
MDBMongoDB$1.68B$478.11M
VRSNVeriSign$1.49B$387.10M
NETCloudflare$1.30B$401.00M
NEWRNew Relic$925.63M$242.76M
TENBTenable$798.71M$221.24M
RPDRapid7$777.71M$205.10M
CYBRCyberArk Software$751.89M$221.55M
SSentinelOne$621.15M$198.94M
QLYSQualys$554.46M$148.71M
APPNAppian$545.36M$146.45M
VRNSVaronis Systems$499.16M$130.35M

CYBR Revenue FAQ


CyberArk Software's yearly revenue for 2023 was $751.89M, representing an increase of 27.07% compared to 2022. The company's yearly revenue for 2022 was $591.71M, representing an increase of 17.66% compared to 2021. CYBR's yearly revenue for 2021 was $502.92M, representing an increase of 8.29% compared to 2020.

CyberArk Software's quarterly revenue for Q1 2024 was $221.55M, a -0.70% decrease from the previous quarter (Q4 2023), and a 37.01% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $223.1M, a 16.66% increase from the previous quarter (Q3 2023), and a 31.90% increase year-over-year (Q4 2022). CYBR's quarterly revenue for Q3 2023 was $191.24M, a 8.75% increase from the previous quarter (Q2 2023), and a 25.26% increase year-over-year (Q3 2022).

CyberArk Software's revenue growth rate for the last 3 years (2021-2023) was 49.51%, and for the last 5 years (2019-2023) was 73.29%.

CyberArk Software's revenue streams in c 23 are Saas, Self Hosted Subscription, Maintenance and support, Perpetual License, and Professional services. Saas generated $298.33M in revenue, accounting 39.68% of the company's total revenue, up 79.33% year-over-year. Self Hosted Subscription generated $173.69M in revenue, accounting 23.10% of the company's total revenue, up 51.98% year-over-year. Maintenance and support generated $207.56M in revenue, accounting 27.61% of the company's total revenue, down -4.66% year-over-year. Perpetual License generated $21.04M in revenue, accounting 2.80% of the company's total revenue, down -57.90% year-over-year. Professional services generated $51.27M in revenue, accounting 6.82% of the company's total revenue, up 18.12% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of CyberArk Software was Saas. This segment made a revenue of $298.33M, representing 39.68% of the company's total revenue.