BlackHawk Network

OverviewSuggest Edit

BlackHawk Network is a company providing branded payment solutions. It offers gift cards, eGift cards, prepaid cards, unique gift cards, digital rewards, and reward codes. The company delivers commerce, incentive, employee, payment, and corporate solutions to merchants, retailers, digital resellers, and corporations.
TypePrivate
Founded2001
HQPleasanton, CA, US
Websiteblackhawknetwork.com
Employee Ratings3.4
Overall CultureB

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2021)2,219(+2%)
Job Openings123
Revenue (FY, 2017)$2.2 B(+18%)
Share Price (Jun 2018)$45.1
Cybersecurity ratingBMore

Key People/Management at BlackHawk Network

Talbott Roche

Talbott Roche

Chief Executive Officer and President
Jeff Haughton

Jeff Haughton

SVP, Incentives, Corporate Development & Strategy
David McLaughlin

David McLaughlin

Chief Financial Officer
Nik Sathe

Nik Sathe

Chief Technology Officer
Matthew Howe

Matthew Howe

Managing Director, Europe West
Cory Gaines

Cory Gaines

Chief Product Officer
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BlackHawk Network Office Locations

BlackHawk Network has offices in Pleasanton, Fenton, Lewisville, Portland and in 7 other locations
Pleasanton, CA, US (HQ)
6220 Stoneridge Mall Rd
Fenton, MO, US
1400 S Hwy Dr
Lewisville, TX, US
700 TX-121 Suite 200, Lewisville, TX 75067, USA
Pleasanton, CA, US
5918 Stoneridge Mall Rd
Portland, ME, US
25 Pearl St 2nd Floor
Reno, NV, US
10615 Professional Cir
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BlackHawk Network Financials and Metrics

Summary Metrics

Founding Date

2001

Time since last funding

4 years ago

BlackHawk Network investors

Show all financial metrics

BlackHawk Network Revenue

BlackHawk Network's revenue was reported to be $2.23 b in FY, 2017
USD

Revenue (Q1, 2018)

429.2m

Gross profit (Q1, 2018)

405.0m

Gross profit margin (Q1, 2018), %

94.3%

Net income (Q1, 2018)

(15.8m)

EBIT (Q1, 2018)

(19.1m)

Cash (24-Mar-2018)

351.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.1b1.4b1.8b1.9b2.2b

Revenue growth, %

27%25%5%

Cost of goods sold

86.4m143.3m170.5m

Gross profit

1.1b1.8b2.1b
Quarterly
USDQ1, 2013Q3, 2013Q1, 2014Q3, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

185.1m206.0m233.1m269.0m283.9m319.7m372.2m352.7m366.5m391.2m361.6m407.2m463.1m419.3m429.2m

Cost of goods sold

15.9m35.7m36.2m24.3m

Gross profit

169.1m330.7m371.0m405.0m

Gross profit Margin, %

91%90%91%94%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

550.4m911.6m914.6m1.0b1.1b

Accounts Receivable

126.4m181.4m241.7m262.7m185.0m

Prepaid Expenses

67.5m165.4m

Inventories

Quarterly
USDQ1, 2013Q3, 2013Q1, 2014Q3, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

75.0m103.5m134.8m219.9m299.7m219.4m276.7m214.7m213.0m264.0m300.3m214.5m295.1m304.9m351.1m

Accounts Receivable

88.3m91.6m117.6m126.0m121.8m176.6m178.3m188.9m224.6m226.9m199.6m259.1m262.6m226.1m152.3m

Prepaid Expenses

43.9m100.4m177.5m158.3m

Current Assets

408.0m440.2m521.9m715.7m777.1m764.0m896.8m828.6m858.6m937.4m901.8m1.0b1.2b1.2b1.1b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

53.7m5.0m(154.9m)

Depreciation and Amortization

49.5m91.1m98.5m

Inventories

Accounts Payable

27.2m(14.8m)8.7m
Quarterly
USDQ1, 2013Q3, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017Q1, 2017Q1, 2018

Net Income

346.0k(3.5m)(13.4m)(15.6m)

Depreciation and Amortization

4.7m18.2m21.6m23.9m

Accounts Payable

(35.2m)(27.4m)(4.2m)(27.1m)

Cash From Operating Activities

(541.8m)(747.7m)(766.1m)(853.1m)
USDQ1, 2013

Financial Leverage

9.7 x
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BlackHawk Network Operating Metrics

BlackHawk Network's Transaction Volume was reported to be $16.7b in FY, 2016.
FY, 2015Q1, 2015Q2, 2015Q3, 2015FY, 2016Q1, 2016Q2, 2016Q3, 2016

Countries

2226

Patent Applications

120150

Patents Issued

5070

Transaction Volume

$13.54 b$3.11 b$3.38 b$3.17 b$16.72 b$3.17 b$3.39 b$3.21 b
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BlackHawk Network Acquisitions / Subsidiaries

Company NameDateDeal Size
CashStarAugust 31, 2017$175 m

BlackHawk Network Revenue Breakdown

Embed Graph

BlackHawk Network revenue breakdown by business segment: 15.2% from Incentives & Rewards, 59.3% from U.S. Retail and 25.5% from International

BlackHawk Network Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

BlackHawk Network Online and Social Media Presence

Embed Graph

BlackHawk Network Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    B

    71/100

  • Compensation

    B

    76/100

  • Diversity

    D

    54/100

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BlackHawk Network Blogs

Blackhawk Network Launches 2020 NAPCO Masterclass

Blackhawk Network Launches 2020 NAPCO Masterclass For anyone trying to build a strong gift card program, the annual NAPCO Research evaluation is required reading. To help retailers dig into the latest study, the 2020 NAPCO Omnichannel Merchant Gift Card Evaluation, Blackhawk Network ha…

Case Study: Balancing Fraud Protection With Happy Customers

Case Study: Balancing Fraud Protection With Happy Customers When legitimate online gift card orders are blocked, you’re losing revenue—and customers. The Blackhawk Network eCommerce risk platform protects against fraud, approves more legitimate orders and leaves you with more satisfied…

Are You Ready for Back-to-School?

Are You Ready for Back-to-School? We’ve been writing about making the most of your promotions calendar for months. Have you been paying attention in blog class? Have you learned how to maximize profits and sales as we move into the big-time fall and winter opportunities? Have you…

Overcome vaccine hesitation with the right rewards

Overcome vaccine hesitation with the right rewards Prepaid reward cards are a convenient way to get Americans vaccinated against COVID-19 After more than a year of ups and downs, America is once again seeing a large surge in new COVID-19 cases. The new “delta” variant of COVID-19 is m…

Back to Work: How Americans Feel About Returning to Physical Offices

Back to Work: How Americans Feel About Returning to Physical Offices As a result of the COVID-19 pandemic, millions of American businesses shifted from physical offices to remote workplaces. This transition helped many keep their doors open-and thrive. But despite the success of virtua…

Report-Next-Generation Promotions: Foster Customer Engagement & Maximize Marketing Effectiveness

Report-Next-Generation Promotions: Foster Customer Engagement & Maximize Marketing Effectiveness As part of our continuous efforts to help you maximize the profitability of your promotions, we collaborated with Aberdeen Research to ask a group of global marketing, sales and product…
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BlackHawk Network Frequently Asked Questions

  • When was BlackHawk Network founded?

    BlackHawk Network was founded in 2001.

  • Who are BlackHawk Network key executives?

    BlackHawk Network's key executives are Talbott Roche, Jeff Haughton and David McLaughlin.

  • How many employees does BlackHawk Network have?

    BlackHawk Network has 2,219 employees.

  • What is BlackHawk Network revenue?

    Latest BlackHawk Network annual revenue is $2.2 b.

  • What is BlackHawk Network revenue per employee?

    Latest BlackHawk Network revenue per employee is $1 m.

  • Who are BlackHawk Network competitors?

    Competitors of BlackHawk Network include Tango Card, Green Dot and 360insights.

  • Where is BlackHawk Network headquarters?

    BlackHawk Network headquarters is located at 6220 Stoneridge Mall Rd, Pleasanton.

  • Where are BlackHawk Network offices?

    BlackHawk Network has offices in Pleasanton, Fenton, Lewisville, Portland and in 7 other locations.

  • How many offices does BlackHawk Network have?

    BlackHawk Network has 14 offices.