CyberArk: True Growth Rate Comes Into Focus (NASDAQ:CYBR)

Cyber security internet and networking concept. information security and encryption.

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CyberArk (NASDAQ:CYBR) is a leader in cybersecurity providing a comprehensive set of identity solutions. They have taken a strong position in the market over the past year, due to strong execution and issues with competition like

Q1 2022 Q2 2022 Q3 2022 Q4 2022

Q1 2023

Q2 2023
ARR (Millions USD) $427 $465 $512 $570 $604 $653
ARR Growth Rate (%) 48% 48% 49% 45% 42% 40%
Net New ARR (Millions USD) $34m $38m $47m $68m $34m $49m

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