Business
ZoomInfo Announces Fourth Quarter and Full-Year 2022 Financial Results
Fourth Quarter GAAP Revenue of $301.7 million Grows 36% year-over-year Fourth Quarter GAAP Operating Income Margin of 17% and Adjusted Operating Income
About this update from Zoominfo Technologies Inc.
[{"type":"text","content":"\nFourth Quarter GAAP Revenue of $301.7 million Grows 36% year-over-year\n\nFourth Quarter GAAP Operating Income Margin of 17% and Adjusted Operating Income Margin of 42%\n\nFourth Quarter Cash Flow from Operations of $120.2 million and Unlevered Free Cash Flow of $122.4 million\n\n VANCOUVER, Wash.--(BUSINESS WIRE)--\nZoomInfo, (NASDAQ: ZI) a global leader in modern go-to-market software, data, and intelligence, today announced its financial results for the fourth quarter and full-year ended December 31, 2022.\n\n“ZoomInfo continues to deliver a leading combination of growth, profitability, and free cash flow generation at scale,” said Henry Schuck, ZoomInfo Founder and CEO. “Our results once again demonstrate our continued value proposition, as we drive an efficient go-to-market motion for our customers, with a quick-time-to-value and tangible long-term ROI. We are well-positioned to be a durable grower while compounding free cash flow over the long-term.”\n\nFourth Quarter 2022 Financial Highlights:\n\n\nRevenue of $301.7 million, an increase of 36% year-over-year.\n\n\nOperating income of $52.1 million and Adjusted Operating Income of $127.0 million.\n\n\nGAAP operating income margin of 17% and Adjusted Operating Income Margin of 42%.\n\n\nCash flow from operations of $120.2 million, and Unlevered Free Cash Flow of $122.4 million.\n\n\nFull-Year 2022 Financial Highlights:\n\n\nRevenue of $1,098.0 million, an increase of 47% year-over-year.\n\n\nOperating income of $175.8 million and Adjusted Operating Income of $447.8 million.\n\n\nGAAP operating income margin of 16% and Adjusted Operating Income Margin of 41%.\n\n\nCash flow from operations of $417.0 million, and Unlevered Free Cash Flow of $456.5 million.\n\n\nRecent Business and Operating Highlights:\n\n\nZoomInfo customers indicated they were 63% more productive overall because of ZoomInfo — cutting the number of tools they need, reducing the time spent on administrative tasks, and stretching their budgets further as part of a recent survey of 4,300 ZoomInfo users across sales, marketing, operations, and talent roles.\n\n\nThe company’s annual net revenue retention rate for 2022 was 104%.\n\n\nClosed the quarter with 1,926 customers with $100,000 or greater in annual contract value.\n\n\n\n\nQ4 2022 Financial Highlights (Unaudited)\n\n\n\n\n\n($ in millions, except per s...