Trend Micro Reports Strong AI-Driven Growth in 2024
Trend Micro has reported significant financial growth for the fourth quarter and fiscal year 2024, with a 10% increase in net sales globally and a 21% rise in annual recurring revenue (ARR) for its next-gen AI security operations center (SOC) announced in a press release. The company's enterprise ARR grew by 7%, surpassing US $1.3 billion.
The cybersecurity leader's operating income increased by 48%, improving the operating margin to 18% for the year. This growth is attributed to the adoption of Trend Micro's enterprise platform, which saw a 40% platform attachment rate in Q4, contributing to the company's robust performance.
Trend Micro's proactive cyber risk exposure management capabilities have been pivotal in driving platform adoption, with over ten thousand customers now leveraging its enterprise platform. The company also collaborated with NVIDIA to enhance AI deployment security and launched an AI-driven security platform for AWS developers.
Looking ahead, Trend Micro expects consolidated net sales for 2025 to reach 288,600 million Yen (approximately US $1,874 million), with operating income projected at 60,300 million Yen (US $391 million).
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