Security News > 2021 > August > CyberArk announces financial results for Q2 2021
Financial summary for the second quarter ended June 30, 2021 Subscription revenue was $27.1 million in the second quarter of 2021, an increase of 101 percent from $13.4 million in the second quarter of 2020.
GAAP operating loss was $(23.4) million and non-GAAP operating income was $2.0 million in the second quarter of 2021.
GAAP net loss was $(22.8) million, or $(0.58) per basic and diluted share, in the second quarter of 2021.
Non-GAAP net income was $0.3 million, or $0.01 per diluted share, in the second quarter of 2021.
Key performance indicators Recurring revenue was $80.6 million, an increase of 32 percent from $60.8 million for the second quarter of 2020.
The subscription portion of ARR was $109.5 million, representing 35 percent of total ARR at June 30, 2021.
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