2020Q4 - slides

Annualized Recurring Revenue (ARR) 1,2
$700
$600
$500
$400
$300
$200
$100
$554
Annualized Recurring Revenue (ARR)
$ in millions
$592
$638
$213 $284 $340
$341 $308 $298
Q4'18 Q4'19 Q4'20
Platform, cloud sub & managed services (Y/Y %) 19% 33% 20%
% of total 39% 48% 53%
Product & related subscription & support (Y/Y %) 3% -10% -3%
% of total 61% 52% 47%
Total Annualized Recurring Revenue (Y/Y %) 9% 7% 8%
$0
Q4'18 Q4'19 Q4'20
Product & related subscription & support
Platform, cloud sub & managed services
1. FireEye adopted Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606), effective January 1, 2018 using the full retrospective method.
2. Annualized recurring revenue (ARR) is defined as a yearly value of subscription contracts active on the last day of the quarter based on their daily revenue rate. Appliance and services revenue contracts are not included in ARR.
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