The difference between the GAAP and non-GAAP revenue values for the 2022 period is a result of the application of the fair value provisions applicable to the accounting for business combinations closed prior to 2022.
| REVENUE BY LICENSE TYPE | |||||||||||||||||
| GAAP | |||||||||||||||||
| (in thousands, except percentages) | Q4 QTD 2023 | % of Total | Q4 QTD 2022 | % of Total | % Change | % Change in Constant Currency | |||||||||||
| Subscription Lease | $ | 399,556 | 49.6 | % | $ | 324,688 | 46.8 | % | 23.1 | % | 22.4 | % | |||||
| Perpetual | 102,721 | 12.8 | % | 88,958 | 12.8 | % | 15.5 | % | 14.8 | % | |||||||
| Maintenance1 | 283,130 | 35.2 | % | 261,691 | 37.7 | % | 8.2 | % | 7.2 | % | |||||||
| Service | 19,701 | 2.4 | % | 18,778 | 2.7 | % | 4.9 | % | 3.7 | % | |||||||
| Total | $ | 805,108 | $ | 694,115 | 16.0 | % | 15.2 | % | |||||||||
| (in thousands, except percentages) | FY 2023 | % of Total | FY 2022 | % of Total | % Change | % Change in Constant Currency | |||||||||||
| Subscription Lease | $ | 786,050 | 34.6 | % | $ | 687,665 | 33.3 | % | 14.3 | % | 14.4 | % | |||||
| Perpetual | 302,698 | 13.3 | % | 301,313 | 14.6 | % | 0.5 | % | 0.7 | % | |||||||
| Maintenance 1 | 1,103,523 | 48.6 | % | 1,004,245 | 48.6 | % | 9.9 | % | 10.3 | % | |||||||
| Service | 77,678 | 3.4 | % | 72,330 | 3.5 | % | 7.4 | % | 7.4 | % | |||||||
| Total | $ | 2,269,949 | $ | 2,065,553 | 9.9 | % | 10.2 | % | |||||||||
