Informatica Investor Presentation Deck
33
Operating Leverage While Investing in Cloud Growth
Non-GAAP Operating Expenses
as % of Revenue¹
Adjusted uFCF and Non-GAAP
Operating Margin as % of Revenue¹, 2
6%
19%
33%
Q3 2022
6%
17%
28%
Q3 2023
S&M R&D = G&A
23%
21%
31%
Q3 2022
24%
Q3 2023
-Non-GAAP Operating Margin
-Adjusted UFCF Margin
Leverage Drivers
Economies of scale
Larger customer
relationships
• Net retention on growing
subscription base
●
¹Non-GAAP operating expenses and margin excludes the effect of stock-based compensation expense-related charges, amortization of acquired intangibles, and expenses associated with restructuring and acquisitions.
Please see appendix for reconciliation to most directly comparable GAAP measure.
2Adjusted unlevered 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, restructuring costs, and executive
severance. Please see appendix for reconciliation to most directly comparable GAAP measure.
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