HashiCorp Results Presentation Deck
HashiCorp | Q4 FY2022 Highlights
HashiCorp's vision of the Cloud Operating Model for the Global Enterprises is resonating: Our
Go-To-Market teams continued to execute well in Q4 as they added a strong number of greater than or equal to
$100K ARR customers (ended at 655) and greater than or equal to $1M ARR customers in the quarter (ended at
72).
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Adopt/Land/Expand/Extend model is showing strong proof points: We reached a milestone with a Fortune
10 customer who started its commercial journey with us in 2019, and then continued to Expand and Extend
their usage of our products to now reach >$10M ARR. The customer licenses Vault and Terraform, and it is
continuing its multi-cloud journey with us.
Multi-Product usage among our customer base is increasing: The number of greater than or equal to $100K
ARR customers that have purchased multiple products increased 42% YoY. We are winning the position of trust
within our customers, giving them confidence to use more of our offerings.
HashiCorp Cloud Platform (HCP) continues to demonstrate solid adoption: HCP revenue grew 346% YOY,
and during the fourth quarter we made HCP available in the APJ region with hosting sites in Australia and
Singapore.
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