---
schema_version: "secwatch.filing_event.v1"
accession: "0001819394-24-000027"
form_type: "8-K"
ticker: null
cik: "0001819394"
company_name: "Matterport, Inc./DE"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:19:33.715934+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Matterport Q1 ARR record $96M; subscription rev up 21% to $24M; net loss per share improves 33%

## Summary
- Subscription revenue $24.0M (+21% YoY); total revenue $39.9M.
- GAAP net loss per share $0.12 (improved 33% YoY); non-GAAP net loss per share $0.01 (improved 86% YoY).
- Record Annualized Recurring Revenue (ARR) of $96M; total subscribers hit 1.0M (+30% YoY).
- Cash used in operating activities $3.8M, an 81% improvement YoY; cash and investments $419M, no debt.
- Suspending FY2024 guidance due to pending acquisition by CoStar Group announced April 22, 2024.

## SEC filing metadata
- accession: 0001819394-24-000027
- form_type: 8-K
- cik: 0001819394
- company_name: Matterport, Inc./DE
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819394/000181939424000027/0001819394-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819394/000181939424000027/mttr-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819394-24-000027
- JSON: https://secwatch.observer/filing/0001819394-24-000027.json
- Plain text: https://secwatch.observer/filing/0001819394-24-000027.txt

## Key facts
- Earnings Releases
  Matterport, Inc./DE reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: On May 6, 2024, Matterport, Inc. (the “Company”) issued a press release announcing its financial and operational results for the first quarter of 2024. A copy of the press release is furnished as Exhibit 99.1 hereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819394/000181939424000027/0001819394-24-000027-index.htm

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