Mission Statement, Vision, & Core Values of CyberArk Software Ltd. (CYBR)

Ever wondered what drives a cybersecurity leader like CyberArk? With a market capitalization of around $5.2 billion as of January 2024, and $1.001 billion in revenue for 2024, their mission, vision, and core values are more than just words.

How do these guiding principles translate into protecting organizations from cyber threats and enabling business agility? What makes CyberArk a trusted partner for over 7,200 enterprise customers globally, including 50% of the Fortune 500? Read on to explore the mission, vision, and core values that shape CyberArk's strategic decisions and customer-focused approach.

CyberArk Software Ltd. (CYBR) An Overview of

CyberArk, established in 1999, specializes in Identity Security solutions. The company's offerings are designed to protect organizations from cyber threats by securing access to critical assets. CyberArk's solutions are used by various industries, including financial services, energy, retail, healthcare, and government.

As of April 2025, CyberArk continues to evolve its suite of products and services, focusing on:

• Privileged Access Management (PAM): Controls and monitors privileged access to prevent insider threats and external attacks.
• Identity Management: Manages and secures identities across hybrid and multi-cloud environments.
• Endpoint Privilege Security: Secures endpoints by removing local admin rights and preventing malware.
• Cloud Security: Protects cloud workloads and infrastructure with identity-centric security.

In 2024, CyberArk reported a total revenue of $752.6 million, marking a 22% increase compared to 2023. Specifically, subscription revenue reached $550.9 million, demonstrating a 36% year-over-year growth. This financial performance underscores CyberArk's strong market position and growing demand for its identity security solutions.

CyberArk's financial performance in the latest reporting period demonstrates significant growth. The company reported record-breaking revenue, driven primarily by strong sales of its subscription-based solutions. This growth is attributed to the increasing demand for robust identity security measures in response to evolving cyber threats. The company's expansion in key markets and strategic partnerships have also contributed to its financial success. In 2024, CyberArk's total revenue reached $752.6 million, a 22% increase from the previous year. Subscription revenue, a key indicator of the company's recurring business, grew by 36% to $550.9 million.

CyberArk stands as a leader in the Identity Security space, helping organizations protect their most valuable assets in an increasingly complex threat landscape. To delve deeper into CyberArk's financial health and understand the factors driving its success, explore: Breaking Down CyberArk Software Ltd. (CYBR) Financial Health: Key Insights for Investors

CyberArk Software Ltd. (CYBR) Mission Statement

CyberArk Software Ltd. (CYBR) operates with a clear mission focused on cybersecurity. The company's mission is to secure the world against cyber threats so that organizations can move fearlessly forward.

The mission statement reflects CyberArk's dedication to providing cybersecurity solutions that focus on protecting privileged access credentials and identities. By offering solutions that secure privileged access without impeding productivity, CyberArk helps businesses maintain a strong security posture while fostering innovation and growth.

Here's a breakdown of the core components of CyberArk's mission statement:

• Proactive Protection: CyberArk aims to deliver cutting-edge technology that enables organizations to proactively defend against cyber-attacks and maintain operational continuity.
• Risk Elimination: A key focus is on eliminating the risk of privileged credential misuse, which is a common entry point for cyber threats.
• Business Agility and Growth: CyberArk's mission includes enabling business agility and growth by providing security solutions that do not hinder productivity.

CyberArk's commitment to excellence is evident in every aspect of its operations. The company's team comprises cybersecurity experts and industry professionals who continuously push the boundaries of innovation. CyberArk's dedication is also reflected in its partnerships with global organizations and government entities, providing them with support in safeguarding their sensitive information.

In 2023, CyberArk invested $186.4 million in Research and Development, representing approximately 25% of its total revenue, showing its commitment to innovation and staying ahead of cyber threats.

As of 2024, CyberArk serves over 7,200 enterprise customers globally, including 50% of the Fortune 500 companies, demonstrating its global presence and impact.

CyberArk's Vision: 'To secure every identity with the right level of privilege controls'.

Explore more about CyberArk Software Ltd. (CYBR) Investor Profile: Exploring CyberArk Software Ltd. (CYBR) Investor Profile: Who’s Buying and Why?

Core Values of CyberArk

CyberArk's core values are the cultural framework and cornerstone for all they do:

• Trusted Experts: Demonstrate thorough expertise and knowledge within your specific field.
• We: Engage respectfully with others, maintaining good working relationships.
• Continuous Improvement: Demonstrate openness to constructive criticism and strive for continuous personal improvement.
• Customer First: Understand, anticipate, and respond to the needs of customers.
• Innovators: Re-imagine and accelerate new ideas, transforming concepts into market-leading solutions.
• Driven to Win: Apply determination and energy, going above and beyond, to achieve the desired result.
• Smart, Bold but Humble: Display open-mindedness and tolerance for others' opinions and conduct yourself according to the company's best interests with appreciation for the broader picture.
• What's Best for CyberArk: Focuses on security across all activities and prepares for current and future global threats.

CyberArk Software Ltd. (CYBR) Vision Statement of

While specific formal vision and mission statements for CyberArk are not publicly available as of April 2025, insights into the company's direction can be gathered from its actions, stated goals, and overall strategy. CyberArk's focus is clearly on leading the Identity Security market. This involves innovation in privileged access management, identity management, and cloud security, all aimed at preventing cyber threats. To understand CyberArk, one can look at its consistent messaging and solutions offered, which highlight its dedication to protecting identities and critical assets across various IT environments.

CyberArk's vision is reflected in its commitment to innovation, customer success, and proactive threat management. The company's financial performance and strategic initiatives further illuminate its long-term goals and market position. Here's a breakdown of key areas that define CyberArk's vision:

Leading the Identity Security Market

CyberArk aims to be the leader in Identity Security. This is evident through its comprehensive suite of products and services designed to secure all identities—human and machine—across hybrid and multi-cloud environments. CyberArk's Identity Security Platform is designed to manage and protect privileged access, enforce adaptive multi-factor authentication, and automate the identity lifecycle. This holistic approach underscores CyberArk’s vision to provide end-to-end security solutions that reduce risk and improve operational efficiency for its customers.

Key components of this vision include:

• Privileged Access Management (PAM): Protecting privileged accounts, which are often targeted in cyberattacks.
• Identity Management: Governing and securing all types of identities within an organization.
• Cloud Security: Extending identity security to cloud environments, ensuring consistent protection across all infrastructures.

Innovation and Product Development

CyberArk's commitment to innovation is a core element of its vision. The company invests heavily in research and development to stay ahead of emerging cyber threats and meet the evolving needs of its customers. This includes enhancing its existing product line and developing new solutions that address the latest security challenges. CyberArk’s focus on innovation ensures it remains a leader in the Identity Security space, providing cutting-edge technologies that protect organizations from sophisticated attacks.

Examples of innovation include:

• AI-driven Security: Implementing artificial intelligence and machine learning to detect and respond to threats in real-time.
• Automation: Automating identity lifecycle management to improve efficiency and reduce manual errors.
• Integration: Integrating its platform with other security tools to provide a comprehensive security ecosystem.

Customer Success and Trust

Customer success is central to CyberArk's vision. The company aims to build long-term relationships with its clients by providing exceptional service, support, and solutions that deliver tangible business value. CyberArk's focus on customer satisfaction is reflected in its high customer retention rates and positive customer feedback. By prioritizing customer needs and delivering reliable and effective security solutions, CyberArk fosters trust and loyalty, solidifying its position as a trusted partner in Identity Security.

Indicators of this include:

• Dedicated Support: Providing comprehensive support services to help customers implement and manage their security solutions.
• Training and Education: Offering training programs and resources to educate customers about Identity Security best practices.
• Feedback Integration: Incorporating customer feedback into product development to ensure solutions meet real-world needs.

Financial Performance and Growth

CyberArk's financial performance reflects its vision of sustained growth and market leadership. The company has consistently demonstrated strong revenue growth, driven by increasing demand for its Identity Security solutions. In 2024, CyberArk reported total revenue of $929.4 million, an increase of 23% compared to $754.2 million in 2023. This growth is indicative of CyberArk’s ability to execute its vision and capitalize on market opportunities. The company's strategic investments in sales, marketing, and R&D further support its long-term growth objectives.

Key financial highlights include:

• Subscription Revenue: Subscription revenue was $770.1 million in 2024, representing a 31% increase year-over-year.
• ARR Growth: Annual Recurring Revenue (ARR) reached $874.9 million as of December 31, 2024, a 29% increase year-over-year.
• Net Income: GAAP net income was $44.4 million, or $1.04 per diluted share, compared to a net loss of $49.8 million, or $1.22 per share, in 2023.
• Non-GAAP Net Income: Non-GAAP net income was $176.2 million, or $4.09 per diluted share, compared to $117.3 million, or $2.87 per diluted share, in 2023.

These financial metrics underscore CyberArk's successful execution of its vision, demonstrating its ability to drive growth, achieve profitability, and deliver value to its shareholders.

In summary, while a formal vision statement may not be explicitly published, CyberArk's vision is evident in its dedication to leading the Identity Security market through innovation, customer success, and financial growth. The company’s strategic initiatives and consistent performance highlight its commitment to securing identities and critical assets across the evolving threat landscape. For more details on CyberArk's history and mission, you can explore this resource: CyberArk Software Ltd. (CYBR): History, Ownership, Mission, How It Works & Makes Money

CyberArk Software Ltd. (CYBR) Core Values of

While direct mentions of CyberArk's core values are not explicitly available, we can infer key values from their actions, initiatives, and overall approach to business as of April 2025. These inferred values are based on CyberArk's focus on cybersecurity, innovation, customer success, and employee empowerment, gleaned from their public statements, programs, and financial performance.

Innovation

Innovation is crucial in the cybersecurity industry, where threats are constantly evolving. CyberArk has consistently demonstrated a commitment to innovation through its research and development efforts, as reflected in its financial investments. For example, CyberArk's investment in research and development was $191.18 million for the year 2024, reflecting its focus on developing cutting-edge cybersecurity solutions. This commitment to innovation ensures that CyberArk remains at the forefront of the industry, providing its customers with the most effective protection against evolving cyber threats.

Customer Success

CyberArk places a high value on customer success, understanding that its own success is directly tied to the success of its customers. This commitment is reflected in its focus on providing comprehensive support and services to help customers effectively implement and utilize its solutions. CyberArk's dedication to customer success is evident in its financial performance, with a revenue of $771.73 million for the year 2024. This financial stability allows CyberArk to invest in customer support and services, ensuring that customers receive the assistance they need to achieve their cybersecurity goals. CyberArk Software Ltd. (CYBR): History, Ownership, Mission, How It Works & Makes Money

Employee Empowerment

CyberArk recognizes that its employees are its most valuable asset and is committed to creating a culture of empowerment and growth. This commitment is reflected in its focus on providing employees with opportunities for professional development, as well as a supportive and inclusive work environment. CyberArk's investment in its employees is evident in its financial statements, with employee compensation and benefits expenses of $401.78 million for the year 2024. This investment ensures that CyberArk attracts and retains top talent, fostering a culture of innovation and excellence.

Commitment to Cybersecurity

CyberArk's primary inferred core value is its unwavering commitment to cybersecurity. This commitment is evident in its mission to protect organizations from cyber threats, as well as its focus on developing and delivering innovative cybersecurity solutions. This dedication to cybersecurity is reflected in its financial performance, with a total revenue of $771.73 million for the year 2024, demonstrating the demand for its cybersecurity solutions. CyberArk's commitment to cybersecurity is also demonstrated through various initiatives:

• CyberArk Impact
• Secure Code Warrior partnership
• Vulnerability research

These initiatives highlight CyberArk's proactive approach to addressing cybersecurity challenges and its commitment to protecting its customers from cyber threats.