---
schema_version: "secwatch.filing_event.v1"
accession: "0001118417-24-000099"
form_type: "8-K"
ticker: null
cik: "0001118417"
company_name: "MODEL N, INC."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:42:46.964608+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Model N Q2 FY2024 revenue $65.1M (+4%); non-GAAP EPS $0.24 vs $0.18; SaaS ARR $139.1M (+11%)

## Summary
- Revenue $65.1M (+4% YoY); subscription revenue $49.2M (+9% YoY). Gross margin 57% vs 56%.
- GAAP net loss narrowed to $1.4M ($0.04 per share) from $33.3M ($0.88) YoY.
- Non-GAAP net income $9.4M ($0.24 diluted EPS) up 38% YoY; Adj. EBITDA $10.9M (17% margin).
- SaaS ARR $139.1M (+11% YoY); RPO $367.9M (+9% YoY); current RPO $168.3M (+15% YoY).
- Proposed acquisition by Vista Equity Partners ongoing; proxy materials filed with SEC.

## SEC filing metadata
- accession: 0001118417-24-000099
- form_type: 8-K
- cik: 0001118417
- company_name: MODEL N, INC.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1118417/000111841724000099/0001118417-24-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1118417/000111841724000099/modn-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001118417-24-000099
- JSON: https://secwatch.observer/filing/0001118417-24-000099.json
- Plain text: https://secwatch.observer/filing/0001118417-24-000099.txt

## Key facts
- Earnings Releases
  MODEL N, INC. reported second quarter fiscal year 2024 ended March 31, 2024 results: revenue Total revenues were $65.1 million, net income GAAP net loss was $1.4 million, EPS GAAP diluted net loss per share attributable to common stockholders was $0.04.
  - Period: second quarter fiscal year 2024 ended March 31, 2024
  - Revenue: Total revenues were $65.1 million
  - Net income: GAAP net loss was $1.4 million
  - EPS: GAAP diluted net loss per share attributable to common stockholders was $0.04
  - Result: reported results
  source text: today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024. Second Quarter 2024 Financial Highlights • Revenues : Total revenues were $65.1 million , an increase of 4% from the second quarter of fiscal year 2023. Subscription revenues were $49.2 million , an increase of 9% from the second quarter of fiscal year 2023. • Gross
  evidence_url: https://www.sec.gov/Archives/edgar/data/1118417/000111841724000099/0001118417-24-000099-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.