Tableau Posts Subscription Annual Recurring Revenue of $195.5 M for 2017
Representing a 235 percent increase over the prior year
Last week, Tableau Software Inc. (NYSE: DATA), a Seattle-based data visual software developer, reported strong 2017 financials, including total revenue of $877.1 million, a 6 percent increase over the prior year’s revenue of $826.9 million. More impressive, however, was the company’s total annual recurring revenue of $596.2 million, a 45 percent year-over-year increase over $411.2 million at the end of Q4 2016, and subscription annual recurring revenue of $195.5 million, a 235 percent year-over-year increase over $58.4 million at the end of Q4 2016. Ratable license bookings were 41 percent of total license bookings, compared to 17 percent for 2016.
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