Informatica Investor Presentation Deck
28
Operating Leverage While Investing in Growth
Non-GAAP Operating Expenses
as % of Revenue¹
8%
18%
32%
Q1 2021
13%
15%
30%
Q1 2022
S&M R&D = G&A
uFCF and Non-GAAP Operating Margin
as % of Revenue ¹, 2
29%
25%
24%
23%
Q1 2021
Q1 2022
-Unlevered Free Cash Flow (UFCF)
-Non GAAP Operating Margin
Leverage Drivers
●
Economies of scale
Net retention on growing
subscription base
¹Non-GAAP operating expenses and margin excludes the effect of stock-based compensation expense-related charges, including employer payroll items on employee stock transactions, amortization of acquired intangibles,
expenses associated with acquisitions, and strategic investments. Please see appendix for reconciliation to most directly comparable GAAP measure.
2Unlevered free cash flow (after-tax) is calculated as operating cash flow less purchases of property and equipment, and is adjusted for interest payments, equity compensation payments, sponsor management fees, legal
settlements, restructuring costs, and executive severance. Please see appendix for reconciliation to most directly comparable GAAP measure.
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