OverviewSuggest Edit

Blue Nile is an online retailer of certified diamonds, engagement rings and fine jewelry. The company offers thousands of GIA and AGSL certified diamonds and provides the guidance and education to help make right choice.
TypePrivate
Founded1999
HQSeattle, US
Websitebluenile.com
Employee Ratings2.7
Culture scoreB-

Locations

Blue Nile is headquartered in
Seattle, United States

Location Map

Latest Updates

Employees (est.) (May 2020)552(+2%)
Job Openings1
Revenue (FY, 2015)$480.1 M(+2%)
Share Price (Feb 2017)$40.7

Key People/Management at Blue Nile

Lauren Neiswender

Lauren Neiswender

General Counsel
Jon Sainsbury

Jon Sainsbury

Chief Strategy Officer
Harvey Kanter

Harvey Kanter

Chairman of the Board of Directors
Dave Fleischman

Dave Fleischman

Chief Product Officer
Alexandra Wheeler

Alexandra Wheeler

Chief Marketing Officer
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Blue Nile Office Locations

Blue Nile has offices in Seattle and Dublin 2
Seattle, US (HQ)
411 1st Ave S #700
Dublin 2, IE
70 Sir John Rogerson's Quay, Grand Canal Dock
Show all (2)

Blue Nile Financials and Metrics

Summary Metrics

Founding Date

1999

Blue Nile total Funding

$62 m

Blue Nile latest funding size

$7.01 m

Time since last funding

17 years ago

Blue Nile investors

Blue Nile's latest funding round in April 2003 was reported to be $7 m. In total, Blue Nile has raised $62 m
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Blue Nile Revenue

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View revenue for all periods
Blue Nile's revenue was reported to be $480.06 m in FY, 2015 which is a 1.4% increase from the previous period.
USD

Revenue (Q3, 2016)

105.1m

Gross profit (Q3, 2016)

20.6m

Gross profit margin (Q3, 2016), %

19.6%

Net income (Q3, 2016)

1.3m

EBIT (Q3, 2016)

1.8m

Cash (2-Oct-2016)

40.6m
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

450.0m473.5m480.1m

Revenue growth, %

1%

Cost of goods sold

366.4m386.9m387.7m

Gross profit

83.7m86.6m92.3m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

103.7m106.6m105.8m106.4m113.7m109.9m103.1m113.8m105.1m

Cost of goods sold

84.6m86.4m86.9m86.5m91.6m88.7m82.8m91.4m84.5m

Gross profit

19.1m20.2m18.9m20.0m22.1m21.2m20.2m22.4m20.6m

Gross profit Margin, %

18%19%18%19%19%19%20%20%20%
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

115.9m91.2m86.5m

Accounts Receivable

3.0m2.1m3.3m

Prepaid Expenses

1.3m1.5m1.6m

Inventories

34.5m41.7m46.4m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

56.7m39.5m32.3m39.7m39.7m33.6m29.7m36.6m40.6m

Accounts Receivable

2.9m1.4m3.0m2.8m3.9m4.0m1.7m2.7m2.1m

Prepaid Expenses

1.5m1.7m1.5m1.3m1.9m2.3m1.2m1.7m2.5m

Inventories

35.2m32.1m33.1m38.3m36.8m41.9m45.9m43.4m44.1m
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

10.9m9.7m10.5m

Depreciation and Amortization

3.1m3.6m3.9m

Inventories

(1.3m)(7.1m)(4.7m)

Accounts Payable

6.4m6.3m(6.7m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

1.1m3.3m4.9m1.2m3.5m5.5m1.1m3.2m4.5m

Depreciation and Amortization

922.0k1.8m2.7m904.0k1.8m2.8m1.2m2.4m3.7m

Inventories

(651.0k)2.4m1.4m3.3m4.9m(278.0k)505.0k3.0m2.3m

Accounts Payable

(41.2m)(45.7m)(50.1m)(50.9m)(47.4m)(52.3m)(47.7m)(45.4m)(44.3m)
USDY, 2016

Revenue/Employee

236.2k

Financial Leverage

5.9 x
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Blue Nile Operating Metrics

FY, 2013FY, 2014FY, 2015

Independently Certified Diamonds Offered

100 k200 k150 k

Locations

5 5
Show all operating metrics

Blue Nile Acquisitions / Subsidiaries

Company NameDateDeal Size
Blue Nile Diamond (Shanghai), Ltd.
Blue Nile DMCC
Blue Nile (Hong Kong), Ltd.
Blue Nile Jewellery, Ltd.
Blue Nile, LLC
Blue Nile (Shanghai) Trading Co., Ltd.
Blue Nile Worldwide, Inc

Blue Nile Revenue Breakdown

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Blue Nile revenue breakdown by geographic segment: 82.9% from United States and 17.1% from Other Countries

Blue Nile Online and Social Media Presence

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Blue Nile Company Culture

  • Overall Culture

    B-

    75/100

  • CEO Rating

    F

    45/100

  • Compensation

    A-

    82/100

Learn more on Comparably

Blue Nile Frequently Asked Questions

  • When was Blue Nile founded?

    Blue Nile was founded in 1999.

  • Who are Blue Nile key executives?

    Blue Nile's key executives are Lauren Neiswender, Jon Sainsbury and Harvey Kanter.

  • How many employees does Blue Nile have?

    Blue Nile has 552 employees.

  • What is Blue Nile revenue?

    Latest Blue Nile annual revenue is $480.1 m.

  • What is Blue Nile revenue per employee?

    Latest Blue Nile revenue per employee is $869.7 k.

  • Who are Blue Nile competitors?

    Competitors of Blue Nile include Tiffany & Co., Signet Jewelers and Charles & Colvard.

  • Where is Blue Nile headquarters?

    Blue Nile headquarters is located at 411 1st Ave S #700, Seattle.

  • Where are Blue Nile offices?

    Blue Nile has offices in Seattle and Dublin 2.

  • How many offices does Blue Nile have?

    Blue Nile has 2 offices.