Company Growth (employees)
Aerohive Networks was founded in 2006 and is headquartered in Milpitas, US
Key People/Management at Aerohive Networks
David Flynn
CEO
Changming Liu
Founder and CTO
Steve Debenham
VP, Legal Services
Chris Schaepe
Investor, Board Member
Aerohive Networks Office Locations
Aerohive Networks has offices in Milpitas, Atlanta, Portland, Surrey and in 6 other locations
Milpitas, US (HQ)
1011 McCarthy Blvd
Alexandria, AU
100 Collins St
Amstelveen, NL
2 Professor J.H. Bavincklaan
Boulogne-Billancourt, FR
121 Rue d'Aguesseau
Surrey, GB
16 West St
Portland, US
111 SW 5th Ave
Aerohive Networks Financials and Metrics
Aerohive Networks Financials
Aerohive Networks's revenue was reported to be $36.4 m in Q1, 2017
USD
Revenue (Q1, 2017) | 36.4 m |
Gross profit (Q1, 2017) | 24.4 m |
Gross profit margin (Q1, 2017), % | 67% |
Net income (Q1, 2017) | (9 m) |
EBIT (Q1, 2017) | (8.8 m) |
Market capitalization (17-Oct-2017) | 211.6 m |
Cash (31-Mar-2017) | 28.9 m |
Aerohive Networks's current market capitalization is $211.6 m.
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 137.3 m | 151.7 m | 169.8 m |
Revenue growth, % | 10% | 12% | |
Cost of goods sold | 44.8 m | 50.4 m | 55.3 m |
Gross profit | 92.5 m | 101.3 m | 114.5 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 37.6 m | 35.3 m | 25.8 m | 36.8 m | 42.8 m | 40.1 m | 47.6 m | 40.4 m | 36.4 m |
Cost of goods sold | 12.2 m | 11.4 m | 8.6 m | 12.1 m | 14.4 m | 13.3 m | 15.5 m | 13.2 m | 11.9 m |
Gross profit | 25.4 m | 23.9 m | 17.2 m | 24.7 m | 28.4 m | 26.8 m | 32.2 m | 27.2 m | 24.4 m |
Gross profit Margin, % | 68% | 68% | 67% | 67% | 66% | 67% | 68% | 67% | 67% |
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 98 m | 45.7 m | 34.3 m |
Accounts Receivable | 524 k | ||
Inventories | 8.4 m | 10.8 m | 12.6 m |
Current Assets | 134.7 m | 130.8 m | 121.9 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 103.9 m | 106.2 m | 92.7 m | 85.4 m | 88.2 m | 41.4 m | 39.3 m | 43.9 m | 28.9 m |
Inventories | 12.1 m | 9.5 m | 11.4 m | 11.9 m | 11.8 m | 11.5 m | 14.7 m | 15.7 m | 11.7 m |
Current Assets | 142.9 m | 137.3 m | 124.7 m | 122.8 m | 121.4 m | 130.5 m | 136 m | 124.8 m | 115.1 m |
PP&E | 5.8 m | 7.2 m | 10.4 m | 10.1 m | 9.9 m | 8.5 m | 9.9 m | 9.6 m | 8.2 m |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | (30.6 m) | (46.2 m) | (36.9 m) |
Depreciation and Amortization | 2.3 m | 3.5 m | 3.5 m |
Accounts Receivable | (7.1 m) | 1.9 m | (3.4 m) |
Inventories | (1.5 m) | (2.4 m) | (1.9 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (6.3 m) | (7.4 m) | (16.1 m) | (27.5 m) | (38.8 m) | (12.5 m) | (19.9 m) | (29.6 m) | (9 m) |
Depreciation and Amortization | 619 k | 1.6 m | 2.6 m | 896 k | 1.8 m | 2.7 m | 842 k | ||
Accounts Receivable | 7.1 m | 3.9 m | 8.3 m | 1.9 m | (6.7 m) | 352 k | 4.6 m | ||
Inventories | 12.1 m | 9.5 m | (3 m) | (3.6 m) | (3.4 m) | (714 k) | (3.9 m) | (4.9 m) | 961 k |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 58.6 k |
Financial Leverage | 5.6 x |
Aerohive Networks Operating Metrics
Aerohive Networks's Customers was reported to be 30 k in FY, 2016, which is a 25% increase from the previous period. Aerohive Networks's Patent Applications was reported to be 48 in FY, 2016, which is a 14% increase from the previous period
Aerohive Networks Market Value History
Aerohive Networks Revenue Breakdown
Aerohive Networks Median Salaries
Source: 42 public H-1B filings from Aerohive Networks
