What changed
Second quarter revenue reached $1.12 billion, up 36% year-over-year. GAAP net income per diluted share was $0.12, with non-GAAP net income per diluted share of $0.65. Operating cash flow was $316 million and free cash flow was $279 million. Customers with ARR of $100,000 or more grew 23% to about 4,720. Q3 revenue guidance is $1.135 billion to $1.145 billion, and full-year 2026 revenue guidance is $4.45 billion to $4.47 billion.
Why it matters
Second quarter revenue reached $1.12 billion, up 36% year-over-year. GAAP net income per diluted share was $0.12, with non-GAAP net income per diluted share of $0.65. Operating cash flow was $316 million and free cash flow was $279 million. Customers with ARR of $100,000 or more grew 23% to about 4,720. Q3 revenue guidance is $1.135 billion to $1.145 billion, and full-year 2026 revenue guidance is $4.45 billion to $4.47 billion.