Consistent Execution with a Long-term View
Reconciliation of GAAP to Non-GAAP Measures
Fiscal Year Ending January 31
Cost of subscription services revenue on a GAAP basis
Stock-based compensation expense
Amortization of purchased intangibles
$
Q2 FY'23
64.0
% of Revenue
12%
(1.7)
(1.1)
Cost of subscription services revenue on a non-GAAP basis
$
61.2
11%
Q2 FY'23
% of Revenue
Cost of professional services revenue on a GAAP basis
Stock-based compensation expense
$
87.6
16%
(13.8)
Amortization of purchased intangibles
(0.1)
Cost of professional services revenue on a non-GAAP basis
$
73.7
14%
Q2 FY'23
% of Revenue
Research and development expense on a GAAP basis
$ 134.0
25%
Stock-based compensation expense
(38.9)
Amortization of purchased intangibles
(0.0)
Research and development expense on a non-GAAP basis
$
95.1
18%
Q2 FY'23
% of Revenue
Sales and marketing expense on a GAAP basis
89.6
17%
Stock-based compensation expense
(24.0)
Amortization of purchased intangibles
(3.6)
Sales and marketing expense on a non-GAAP basis
$
62.0
12%
Q2 FY'23
% of Revenue
General and administrative expense on a GAAP basis
Stock-based compensation expense
Amortization of purchased intangibles
57.8
11%
(17.6)
(0.1)
General and administrative expense on a non-GAAP basis
$
40.2
8%
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