![]() Splunk Releases 2023 CISO Report: Splunk published a new global research report detailing emerging trends, threats and strategies for today’s security leaders.Splunk Among Top Cybersecurity Leaders Celebrating First Anniversary of the Open Cybersecurity Schema Framework (OCSF) Project: OCSF, an open-source project that defines a common standard for cybersecurity data, announced the general availability of its vendor-agnostic security schema as part of its first anniversary.Splunk Products Win “Best B2B Enterprise Technology” Awards: Resulting from customer reviews on PeerSpot, Splunk SOAR and Splunk Enterprise Security were recognized in four categories: Security Orchestration, Automation and Response (SOAR), Security Information and Event Management (SIEM), IT Operations Analytics and Log Management. ![]() New enhanced capabilities include Splunk Enterprise Security 7.2, Splunk SOAR 6.1.1, Session Replay in Splunk Observability Cloud, Federated Search for Amazon S3 and Edge Processor advancements. Splunk Innovations Drive Digital Resilience: Splunk continued to accelerate innovation to further strengthen its industry-leading security and observability product portfolio to help customers keep their digital systems resilient.We drove ARR growth of 15% to $4.0 billion, achieved a non-GAAP operating margin of 31% and generated nearly $100 million of GAAP net income,” said Brian Roberts, CFO of Splunk. “We remain focused on driving growth and increasing profitability and are pleased with our progress in Q3. Our results demonstrate our accelerated innovation, relentless customer focus and consistent execution, and I'm confident we are well-positioned for the future.” “Organizations are continuing to unlock value with Splunk, and in Q3 we saw solid momentum in our cloud business as Cloud ARR grew 26% year-over-year and now represents the majority of Total ARR. "Splunk delivered a solid third quarter and marked several milestones in our journey to deliver exceptional customer and shareholder value, including our agreement to join forces with Cisco,” said Gary Steele, President and CEO of Splunk. 851 customers with Total ARR greater than $1 million, an increase of 97 year-over-year.Trailing twelve month adjusted free cash flow was $857 million, up 199% year-over-year.Trailing twelve month operating cash flow was $863 million, up 182% year-over-year.GAAP Operating Expenses increased 4% year-over-year non-GAAP Operating Expenses decreased by 1% year-over-year.Total revenues were $1.067 billion, with Cloud revenue growing 26% to $469 million.Total ARR was $4.0 billion, up 15% year-over-year.(NASDAQ: SPLK), the cybersecurity and observability leader, today announced results for its fiscal third quarter ended October 31, 2023. Generates Nearly $100 Million of GAAP Net Income Increases Annual Recurring Revenue 15% to $4.0 Billion
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