Exhibit 99.1

Cloudera Reports Fourth Quarter and Fiscal Year 2021 Financial Results


SANTA CLARA, Calif. March 10, 2021 —
Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its fourth quarter and fiscal year 2021, ended January 31, 2021. Total revenue for the fourth quarter was $226.6 million, an increase of 7% as compared to the fourth quarter of fiscal 2020. Subscription revenue was $206.8 million, an increase of 14% as compared to the fourth quarter of fiscal 2020. Annualized Recurring Revenue grew 10% year-over-year.

“Cloudera Data Platform demonstrated significant momentum in the quarter,” said Rob Bearden, chief executive officer, Cloudera. “Customers migrating to CDP increased from about 10% of our customer base at the time we reported Q3 to more than 15% of our customer base today. Most impressively, ARR from CDP now exceeds $60 million of total ARR. The adoption of CDP for hybrid data cloud and data lifecycle use cases is what will drive future growth and we’re very happy with this progress to date.”

Fourth Quarter Fiscal 2021 Results

GAAP loss from operations for the fourth quarter of fiscal 2021 was $51.6 million, including an impairment charge of $35.8 million for right-of-use and other lease related assets, compared to $64.4 million for the fourth quarter of fiscal 2020
Non-GAAP income from operations for the fourth quarter of fiscal 2021 was $50.5 million, compared to $11.0 million for the fourth quarter of fiscal 2020
Operating cash flow for the fourth quarter of fiscal 2021 was $36.7 million, compared to negative $9.4 million for the fourth quarter of fiscal 2020
GAAP net loss per share for the fourth quarter of fiscal 2021 was $0.18 per share, compared to $0.22 per share for the fourth quarter of fiscal 2020
Non-GAAP diluted net income per share for the fourth quarter of fiscal 2021 was $0.15 per share, compared to $0.04 per share for the fourth quarter of fiscal 2020

Fiscal Year 2021 Results

For fiscal year 2021, total revenue was $869.3 million, an increase of 9% year-over-year
Subscription revenue for fiscal year 2021 was $782.8 million, an increase of 17% year-over-year
GAAP loss from operations for fiscal year 2021 was $156.3 million, including an impairment charge of $35.8 million for right-of-use and other lease related assets, compared to $339.8 million for fiscal year 2020
Non-GAAP income from operations for fiscal year 2021 was $146.8 million, compared to a non-GAAP loss from operations of $39.4 million for fiscal year 2020
Operating cash flow for fiscal year 2021 was $155.8 million, compared to negative $36.8 million for fiscal year 2020
GAAP net loss per share for fiscal year 2021 was $0.54 per share, compared to $1.20 per share for fiscal year 2020
Non-GAAP diluted net income per share for fiscal year 2021 was $0.45, compared to a non-GAAP net loss per share of $0.13 for fiscal year 2020

A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading Non-GAAP Financial Measures.

As of January 31, 2021, Cloudera had total cash, cash equivalents, marketable securities and restricted cash of $773.0 million.

Recent Business and Financial Highlights

Annualized Recurring Revenue at the conclusion of fiscal 2021 was $778 million, representing 10% year-over-year growth
GAAP subscription gross margin for the quarter was 87%, up from 84% in the fourth quarter of fiscal 2020
Non-GAAP subscription gross margin for the quarter was 91%, up from 88% in the fourth quarter of fiscal 2020
Closed a covenant lite, $500 million senior secured term loan
Repurchased 26 million shares of Cloudera common stock
CDP Operational Database now available on Amazon Web Services (AWS) and Microsoft Azure
CDP Public Cloud SOC 2 Type II Certified
Partnered with NVIDIA to accelerate processing for enterprise data engineering and data science workflows on Cloudera Data Platform
Launched Applied ML Prototypes, complete ML use cases with pre-built AI apps for CDP Machine Learning
CDP Data Warehouse delivers better price performance in GigaOm benchmark testing



The following information was filed by Cloudera, Inc. (CLDR) on Wednesday, March 10, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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