Benefitfocus provides a leading cloud-based benefits management platform that simplifies how organizations and individuals shop for, enroll in, manage and exchange benefits. The Company operates through the following segments: Employer and Carrier.

The Employer segment involves in providing products and services for employers, which include HR InTouch Marketplace, Benefit Informatics, HR Support Center, implementation services, media services, app development platform, and software-enabled services.

The Carrier segment offers products and services for insurance carriers, which include eEnrollment, eBilling, eExchange, eSales, eDirect, benefit informatics, implementation services, media and animation services, app development platform, and software-enabled services.

By delivering technology that integrates all benefits in one place, Benefitfocus provides a better way to engage consumers, educate employees and simplify benefit enrollment and management.

Company Growth (employees)
Charleston, US
Size (employees)
1,430 (est)
Benefitfocus was founded in 2000 and is headquartered in Charleston, US

Benefitfocus Office Locations

Benefitfocus has offices in Charleston, Greenville, Jenks, San Francisco and in 29 other locations
Charleston, US (HQ)
100 Benefitfocus Way
Greenville, US
1016 Woods Crossing Rd
Jenks, US
250 400 Riverwalk Terrace
San Francisco, US
99 Green St
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Benefitfocus Financials and Metrics

Benefitfocus Financials

Benefitfocus's revenue was reported to be $233.3 m in FY, 2016

Revenue (Q2, 2017)

63.3 m

Gross profit (Q2, 2017)

34.5 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(4.5 m)

EBIT (Q2, 2017)

(1.5 m)

Market capitalization (16-Feb-2018)

782.6 m

Cash (30-Jun-2017)

59.4 m
Benefitfocus's current market capitalization is $782.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


104.8 m137.4 m185.1 m233.3 m

Revenue growth, %


Cost of goods sold

62.4 m87.5 m102.9 m120.7 m

Gross profit

42.3 m50 m82.3 m112.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


26.3 m30.7 m32.3 m34.2 m42.7 m42.7 m45.4 m54.8 m57.9 m58 m64.2 m63.3 m

Cost of goods sold

16.4 m19.2 m21 m23.4 m22.5 m23.6 m26.3 m29.3 m29.8 m29.1 m31.6 m28.8 m

Gross profit

9.9 m11.5 m11.3 m10.8 m20.2 m19.1 m19.2 m25.5 m28.1 m28.9 m32.6 m34.5 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


65.6 m51.1 m48.1 m56.9 m

Accounts Receivable

23.7 m21.3 m27.6 m28.3 m


4.3 m4.2 m5.7 m4.4 m

Current Assets

106.8 m81.8 m123.9 m96.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


84.7 m48.8 m55.2 m53.8 m68.6 m40.4 m43 m22.3 m56.9 m50.8 m57.7 m59.4 m

Accounts Receivable

21.2 m18.3 m21.4 m18 m16.7 m20.3 m20.7 m31.1 m28.4 m27.5 m23.9 m27 m

Current Assets

108.3 m98 m98.4 m83.6 m131.4 m116.2 m114.3 m78.1 m105.4 m92 m90.8 m93.5 m


16.5 m28.8 m37.7 m43.5 m54 m54.1 m54.6 m54.3 m55.8 m57.9 m78 m76.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(30.4 m)(63.2 m)(62.1 m)(40.1 m)

Depreciation and Amortization

8.2 m9.5 m11.7 m13.1 m

Accounts Receivable

(10 m)2.4 m(7.8 m)(3.9 m)


(1.4 m)833 k(1.3 m)1.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(22 m)(12.4 m)(30.6 m)(49.5 m)(14.6 m)(32.9 m)(49.6 m)(13.4 m)(24.4 m)(33 m)(7.7 m)(12.2 m)

Depreciation and Amortization

5.7 m2.4 m5 m7.6 m2.8 m5.7 m8.7 m3 m6.3 m9.6 m4 m7.9 m

Accounts Receivable

(7.9 m)5.4 m2.3 m5.7 m2.5 m(614 k)(814 k)(3.6 m)(1.6 m)(1.7 m)5.7 m5 m

Accounts Payable

3.9 m(5 k)(2.1 m)(1.3 m)(295 k)1.4 m117 k(3.9 m)(1.3 m)(3.8 m)(899 k)(1.3 m)
Y, 2017

Financial Leverage

-4.9 x
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Benefitfocus Operating Metrics

Benefitfocus's Customers was reported to be 957 in Q3, 2017. Benefitfocus's Patent Applications was reported to be 5 in FY, 2016, which is a 29% decrease from the previous period. Benefitfocus's Connections was reported to be 1.5 k in FY, 2016
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017




9001.5 k1.5 k

Patents Issued


Patent Applications

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Benefitfocus Market Value History

Benefitfocus Revenue Breakdown

Benefitfocus's Web-traffic and Trends

Benefitfocus Online and Social Media Presence

Benefitfocus Company Life and Culture

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