{
  "docId": "019dd923-5efe-75c0-8e00-3171213fe6b7",
  "docSlug": "b5b3bef743a3c5b8",
  "documentTitle": "2025 Q4 Earnings Presentation",
  "authorId": "CyberArk",
  "authorName": "CyberArk",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 18,
  "pageCount": 28,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 9,
  "notes": "The slide highlights the increasing share of subscription revenue in total revenue, noting the impact of acquisitions.",
  "elementsJson": [
    "headline_text",
    "bar_chart_stacked",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8e00-3171213fe6b7/18",
  "deckHref": "/decks/019dd923-5efe-75c0-8e00-3171213fe6b7",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8e00-3171213fe6b7.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8e00-3171213fe6b7#slide-18",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "83% of Revenue in Q4 2025 is from Subscription, compared to 77% in Q4 2024",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-6675-7395-a8a5-49bdeb45eef6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.5,
        "x": 0.35,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Stacked bar chart showing Subscription vs Maintenance/Services revenue for Q4 2023, 2024, 2025",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e3c79dea-e20c-4393-bcf6-399cc17014bd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Subscription Revenue Growth: 28%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-6675-7395-a8a5-4f9c1b55719d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.25,
        "x": 0.05,
        "y": 0.4
      },
      "kind": "paragraph",
      "text": "83% of Revenue in Q4 2025 is from Subscription, compared to 77% in Q4 2024",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "45e3ef7b-1447-4eb2-8b9c-7af7b2c2d656",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.7,
        "x": 0.05,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "Totals may not sum because of rounding. For the definition of Subscription Revenue, please refer to the 'Key Definitions' slide in the appendix of this presentation. The quarters ended Q4 2024 and Q4 2025 include financial contributions from the acquisition of Venafi, which closed in October 2024. The quarter ended Q4 2025 includes financial contributions from the acquisition of Zilla, which closed in February 2025. Venafi and Zilla are not included in Q4 2023. Zilla is not included in Q4 2024.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cf67bf3e-37e7-4560-8d68-a9e3a6989f52",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.5,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Subscription Revenue Growth of 28%",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d08b66d-e338-47ab-88f9-057182800393",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 21,
      "from": 10,
      "beatId": "260b5aa6-4020-45ec-b412-4cb30b24ba27",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The KPI dashboard and financial analysis slides present the financial performance and growth metrics.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}