Cyber Ark Software Ltd. - Understand $cybr stock

$CYBR Market Cap: $14.37 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$909.5M

TTM

Gross Margin

80.85%

TTM

Net Earnings

$12.57M

TTM

Current Assets

$1.942B

Q3 2024

Current Liabilities

$1.123B

Q3 2024

Current Ratio

172.98%

Q3 2024

Total Assets

$2.462B

Q3 2024

Total Liabilities

$1.231B

Q3 2024

Book Value

$1.231B

Q3 2024

Cash

$1.238B

Q3 2024

P/E

1.143K

Nov 29, 2024 EST

Free Cash Flow

$206.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$751.9M	$591.7M	$502.9M	$464.4M	$433.9M	$343.2M	$261.7M	$216.6M	$160.8M	$103.0M	$66.20M	$47.20M	$36.40M
YoY Change	27.07%	17.66%	8.29%	7.03%	26.43%	31.14%	20.82%	34.7%	56.12%	55.59%	40.25%	29.67%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$751.9M	$591.7M	$502.9M	$464.4M	$433.9M	$343.2M	$261.7M	$216.6M	$160.8M	$103.0M	$66.20M	$47.20M	$36.40M
Cost Of Revenue	$156.1M	$126.0M	$93.31M	$82.60M	$62.60M	$48.50M	$41.80M	$30.20M	$22.70M	$14.70M	$9.100M	$6.900M	$5.400M
Gross Profit	$595.8M	$465.7M	$409.6M	$381.9M	$371.3M	$294.7M	$219.9M	$186.5M	$138.2M	$88.30M	$57.10M	$40.30M	$30.90M
Gross Profit Margin	79.23%	78.7%	81.45%	82.24%	85.57%	85.87%	84.03%	86.1%	85.95%	85.73%	86.25%	85.38%	84.89%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$500.2M	$427.8M	$345.1M	$279.7M	$235.9M	$189.5M	$156.1M	$115.9M	$83.20M	$53.40M	$37.60M	$25.40M	$19.00M
YoY Change	16.93%	23.95%	23.39%	18.57%	24.49%	21.4%	34.69%	39.3%	55.81%	42.02%	48.03%	33.68%
% of Gross Profit	83.97%	91.87%	84.26%	73.24%	63.53%	64.3%	70.99%	62.14%	60.2%	60.48%	65.85%	63.03%	61.49%
Research & Development	$211.4M	$190.3M	$142.1M	$95.40M	$72.50M	$57.10M	$42.40M	$34.60M	$21.70M	$14.40M	$10.40M	$7.300M	$6.300M
YoY Change	11.1%	33.91%	48.97%	31.59%	26.97%	34.67%	22.54%	59.45%	50.69%	38.46%	42.47%	15.87%
% of Gross Profit	35.49%	40.87%	34.7%	24.98%	19.53%	19.38%	19.28%	18.55%	15.7%	16.31%	18.21%	18.11%	20.39%
Depreciation & Amortization	$19.25M	$16.20M	$14.23M	$15.50M	$10.60M	$10.10M	$7.900M	$6.500M	$2.300M	$700.0K	$500.0K	$300.0K	$200.0K
YoY Change	18.81%	13.88%	-8.21%	46.23%	4.95%	27.85%	21.54%	182.61%	228.57%	40.0%	66.67%	50.0%
% of Gross Profit	3.23%	3.48%	3.47%	4.06%	2.85%	3.43%	3.59%	3.49%	1.66%	0.79%	0.88%	0.74%	0.65%
Operating Expenses	$712.2M	$618.1M	$487.9M	$375.8M	$309.0M	$247.4M	$199.6M	$150.5M	$104.9M	$67.80M	$48.00M	$32.70M	$25.30M
YoY Change	15.23%	26.68%	29.84%	21.62%	24.9%	23.95%	32.62%	43.47%	54.72%	41.25%	46.79%	29.25%
Operating Profit	-$116.5M	-$152.5M	-$78.34M	$6.100M	$62.30M	$47.30M	$20.30M	$36.00M	$33.30M	$20.50M	$9.100M	$7.600M	$5.600M
YoY Change	-23.6%	94.61%	-1384.21%	-90.21%	31.71%	133.0%	-43.61%	8.11%	62.44%	125.27%	19.74%	35.71%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$53.21M	$17.12M	-$12.99M	-$6.400M	$7.800M	$4.600M	$4.100M	$200.0K	-$1.500M	-$6.000M	-$1.100M	$0.00	-$200.0K
YoY Change	210.88%	-231.75%	103.0%	-182.05%	69.57%	12.2%	1950.0%	-113.33%	-75.0%	445.45%		-100.0%
% of Operating Profit				-104.92%	12.52%	9.73%	20.2%	0.56%	-4.5%	-29.27%	-12.09%	0.0%	-3.57%
Other Income/Expense, Net	$53.21M	$15.43M	-$12.99M	-$6.395M
YoY Change	244.83%	-218.78%	103.16%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	-$63.26M	-$137.0M	-$91.33M	-$400.0K	$70.10M	$51.80M	$24.40M	$36.20M	$31.70M	$14.50M	$8.000M	$7.600M	$5.500M
YoY Change	-53.83%	50.03%	22732.25%	-100.57%	35.33%	112.3%	-32.6%	14.2%	118.62%	81.25%	5.26%	38.18%
Income Tax	$3.246M	-$6.650M	-$7.383M	$6.100M	$7.000M	$4.800M	$1.900M	$8.100M	$5.900M	$4.500M	$1.300M	-$200.0K	-$400.0K
% Of Pretax Income					9.99%	9.27%	7.79%	22.38%	18.61%	31.03%	16.25%	-2.63%	-7.27%
Net Earnings	-$66.50M	-$130.4M	-$83.95M	-$5.800M	$63.10M	$47.10M	$16.00M	$28.10M	$25.80M	$10.00M	$6.600M	$7.900M	$5.900M
YoY Change	-48.99%	55.3%	1347.34%	-109.19%	33.97%	194.38%	-43.06%	8.91%	158.0%	51.52%	-16.46%	33.9%
Net Earnings / Revenue	-8.84%	-22.03%	-16.69%	-1.25%	14.54%	13.72%	6.11%	12.97%	16.04%	9.71%	9.97%	16.74%	16.21%
Basic Earnings Per Share	-$1.60	-$3.21	-$2.12	-$0.15
Diluted Earnings Per Share	-$1.60	-$3.21	-$2.117M	-$150.3K	$1.622M	$1.270M	$442.0K	$784.9K	$730.9K	$336.7K	$223.0K	$266.9K	$199.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$993.4M	$954.3M	$926.4M	$953.0M	$1.065B	$427.0M	$302.9M	$275.0M	$238.3M	$177.2M	$65.40M	$46.00M
YoY Change	4.1%	3.01%	-2.79%	-10.5%	149.37%	40.97%	10.15%	15.4%	34.48%	170.95%	42.17%
Cash & Equivalents	$355.9M	$347.3M	$356.9M	$500.0M	$792.4M	$260.6M	$161.3M	$173.0M	$234.5M	$124.2M	$62.40M	$42.90M
Short-Term Investments	$637.5M	$606.9M	$569.6M	$453.0M	$272.5M	$166.3M	$141.7M	$102.1M	$3.700M	$53.00M	$3.000M	$3.100M
Other Short-Term Assets	$31.55M	$22.48M	$22.23M	$15.30M	$8.400M	$6.400M	$7.400M	$4.800M	$3.300M	$5.900M	$4.800M	$3.400M
YoY Change	40.33%	1.16%	45.26%	82.14%	31.25%	-13.51%	54.17%	45.45%	-44.07%	22.92%	41.18%
Inventory
Prepaid Expenses
Receivables	$186.5M	$120.8M	$113.2M	$93.10M	$73.00M	$48.40M	$45.30M	$33.30M	$20.40M	$19.30M	$12.70M	$9.500M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.211B	$1.098B	$1.062B	$1.061B	$1.146B	$481.8M	$355.7M	$313.2M	$262.0M	$202.3M	$82.80M	$58.90M
YoY Change	10.37%	3.36%	0.04%	-7.4%	137.9%	35.45%	13.57%	19.54%	29.51%	144.32%	40.58%
Property, Plant & Equipment	$16.49M	$61.33M	$34.34M	$38.90M	$39.00M	$15.10M	$9.200M	$4.800M	$3.600M	$2.100M	$1.300M	$900.0K
YoY Change	-73.11%	78.59%	-11.72%	-0.26%	158.28%	64.13%	91.67%	33.33%	71.43%	61.54%	44.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$324.5M	$227.7M	$300.7M	$202.2M	$54.40M	$24.30M	$27.40M	$20.40M
YoY Change	42.5%	-24.25%	48.7%	271.69%	123.87%	-11.31%	34.31%
Other Assets	$296.3M	$252.0M	$154.8M	$112.4M	$74.10M	$55.30M	$25.40M	$15.50M	$15.20M	$6.100M	$5.500M	$4.600M
YoY Change	17.58%	62.84%	37.68%	51.69%	34.0%	117.72%	63.87%	1.97%	149.18%	10.91%	19.57%
Total Long-Term Assets	$810.8M	$721.8M	$631.3M	$501.0M	$259.0M	$191.8M	$146.9M	$89.80M	$72.40M	$8.300M	$6.800M	$5.500M
YoY Change	12.32%	14.33%	26.02%	93.44%	35.04%	30.57%	63.59%	24.03%	772.29%	22.06%	23.64%
Total Assets	$2.022B	$1.819B	$1.693B	$1.562B	$1.405B	$673.6M	$502.6M	$403.0M	$334.4M	$210.6M	$89.60M	$64.40M
YoY Change
Accounts Payable	$10.97M	$13.64M	$10.08M	$8.300M	$5.700M	$4.900M	$2.000M	$2.700M	$2.500M	$1.800M	$1.800M	$1.100M
YoY Change	-19.58%	35.39%	21.4%	45.61%	16.33%	145.0%	-25.93%	8.0%	38.89%	0.0%	63.64%
Accrued Expenses	$132.1M	$103.1M	$95.03M	$70.90M	$64.60M	$43.50M	$33.70M	$24.80M	$24.70M	$16.50M	$11.10M	$5.700M
YoY Change	28.12%	8.5%	34.03%	9.75%	48.51%	29.08%	35.89%	0.4%	49.7%	48.65%	94.74%
Deferred Revenue
YoY Change
Short-Term Debt	$572.3M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.125B	$452.5M	$340.0M	$247.0M	$192.7M	$143.4M	$104.4M	$78.20M	$64.90M	$41.70M	$31.30M	$17.40M
YoY Change	148.55%	33.08%	37.65%	28.18%	34.38%	37.36%	33.5%	20.49%	55.64%	33.23%	79.89%
Long-Term Debt	$0.00	$569.3M	$520.1M	$502.3M	$485.1M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	9.47%	3.54%	3.55%
Other Long-Term Liabilities	$105.3M	$119.4M	$106.6M	$105.7M	$103.2M	$63.40M	$44.20M	$28.70M	$22.10M	$13.90M	$12.50M	$8.400M
YoY Change	-11.88%	12.05%	0.85%	2.42%	62.78%	43.44%	54.01%	29.86%	58.99%	11.2%	48.81%
Total Long-Term Liabilities	$105.3M	$688.8M	$626.7M	$608.0M	$588.3M	$63.40M	$44.20M	$28.70M	$22.10M	$13.90M	$12.50M	$8.400M
YoY Change	-84.72%	9.91%	3.07%	3.35%	827.92%	43.44%	54.01%	29.86%	58.99%	11.2%	48.81%
Total Liabilities	$1.230B	$1.141B	$966.7M	$855.1M	$781.0M	$206.9M	$148.6M	$106.8M	$87.80M	$55.50M	$43.80M	$25.90M
YoY Change	7.77%	18.06%	13.05%	9.49%	277.48%	39.23%	39.14%	21.64%	58.2%	26.71%	69.11%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	41.66M shares	40.58M shares	39.65M shares	38.63M shares
Diluted Shares Outstanding	41.66M shares	40.58M shares	39.65M shares	38.63M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $14.367 Billion

About CyberArk Software Ltd.

CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. The firm's software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The firm's Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager. The firm's products protect against external and internal cyber threats and enable detection and neutralization of attacks. The firm's Enterprise Password Vault provides customers with a tool to manage and protect all privileged accounts across an entire organization, including physical, virtual, or cloud-based assets.

Industry: Services-Prepackaged Software Peers: Allot Ltd. CHECK POINT SOFTWARE TECHNOLOGIES LTD CYREN Ltd. ironSource Ltd monday.com Ltd.