Veeva Systems Inc. Class A

Thank you for standing by and welcome to the Aviva Systems Physical 2022 First Quarter Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 on your telephone. If you require any further assistance, please press star 0. I would now like to hand the conference over to your speaker today, Atok Eric, Senior Director, Investor Relations. Please go ahead.

Good afternoon and welcome to DBA's fiscal 2022 first quarter earnings conference call for the quarter ended April 30th, 2021. As a reminder, we posted prepared remarks on DBA's Investor Relations website just after 1 p.m. Pacific today. We hope you've had a chance to read them before the call. Today's call will be primarily used for Q&A. With me today for Q&A are Peter Gassner, our Chief Executive Officer, Brent Melvin, our Chief Financial Officer, and Paul Schala, EVP Strategy. During the course of this call, we may make forward-looking statements regarding trends, our strategies, and the anticipated performance of the business. These forward-looking statements will be based on our current views and expectations and are subject to various risks and uncertainties. Our actual results may differ materially. Please refer to the risks listed in our earnings release and on the risk factors included in our most recent filing on Form 10-K. Forward-looking statements made during the call are being made as of today, May 27, 2021, based on the facts available to us today. If this call is replayed or viewed after today, the information presented during the call may not contain current or accurate information. VIVA disclaims any obligation to update or revise forward-looking statements. We may discuss our guidance on today's call, but we will not provide any further guidance or updates on our performance during the quarter unless we do so in a public forum. On the call, we may also discuss certain non-GAAP metrics that we believe aid in the understanding of our financial results. A reconciliation of the comparable GAAP metrics can be found in today's earnings release and in the supplemental investor presentation, both of which are available on our website. With that, thank you for joining us, and I will turn the call over to Peter.

Thank you, Atul, and welcome to the call, everyone. We had an outstanding Q1 with results well ahead of guidance due to significant outperformance in development cloud and continued strength in commercial cloud. Total revenue in the quarter was $434 million, up 29% year-over-year, with subscription revenue up 26% to $341 million. Non-GAAP operating income was $181 million, or 42% of total revenue. You will find further details about the quarter in our prepared remarks posted on our website at OnePacific today. At this point, I would like to open up the call to questions for Brent, Paul, or myself.