saw an interesting comment from a person on linkedin a month ago, unsure if the info came directly from them or if they quoted another source
"Since its inception, Splunk has incurred net losses yearly, resulting in an accumulated deficit of $4.05 billion. Splunk has bet its future on costly cloud services that require continual infrastructure investments. Splunk’s $3.099 billion in debt exceeds its annual revenue. "
Which surprised me, I assumed Splunk was doing much better than continuing to make losses every year since they started, hard to imagine what they could do to get that debt under control in that situation(other than get bought I suppose).