Brocade Communications Systems is extending its proven data center expertise across the entire network with future-proofed solutions built for consolidation, virtualization, and cloud computing. This includes open, virtual, and efficient networking solutions in the following areas: Storage networking, Data center and Ethernet fabric routing, Software networking (including SDN and NFV), Campus networking.
Type
Subsidiary
Parent Company
Broadcom
HQ
San Jose, US
Founded
1995
Brocade was founded in 1995 and is headquartered in San Jose, US

Key People at Brocade

Lloyd Carney

Lloyd Carney

CEO
Dan Fairfax

Dan Fairfax

SVP & CFO
Ken Cheng

Ken Cheng

CTO & SVP
Gale England

Gale England

COO & SVP
Parviz Ghalambor

Parviz Ghalambor

SVP, Engineering
Carol Goode

Carol Goode

SVP, HR

Brocade Office Locations

Brocade has an office in San Jose
San Jose, US (HQ)
130 Holger Way

Brocade Data and Metrics

Brocade Summary

Founding Date

1995
Brocade is a subsidiary of Broadcom

Brocade Financial Metrics

Brocade's revenue was reported to be $2.3 b in FY, 2016 which is a 4% increase from the previous period.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.2 b2.3 b2.3 b

Revenue growth, %

2%4%

Cost of goods sold

677.2 m689.9 m658.4 m592.4 m587.5 m829.3 m

Gross profit

1.6 b1.7 b1.5 b

Gross profit Margin, %

73%74%65%

Operating expense total

1 b1.2 b

EBIT

492.7 m307.1 m

EBIT margin, %

22%13%

Interest expense

97.8 m52.5 m55.3 m36.8 m55.6 m49.3 m

Interest income

1.9 m5.3 m

Pre tax profit

439.1 m262 m

Income tax expense

28.8 m29.2 m121.8 m115.7 m98.7 m48.1 m

Net Income

340.4 m213.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

987 m1.3 b1.4 b1.3 b

Inventories

45.3 m38.7 m40.5 m69.4 m

Current Assets

1.4 b1.7 b1.9 b1.7 b

PP&E

472.9 m445.4 m439.2 m455.3 m

Goodwill

1.6 b1.6 b1.6 b2.3 b

Total Assets

3.6 b3.7 b4 b4.9 b

Accounts Payable

88.2 m93.7 m98.1 m128.7 m

Total Debt

599.2 m1.6 b

Current Liabilities

560.7 m587.3 m562.4 m694.7 m

Total Liabilities

2.4 b

Additional Paid-in Capital

1.9 b1.8 b1.6 b1.5 b

Retained Earnings

444.7 m652.2 m925.1 m1.1 b

Total Equity

2.5 b2.5 b

Debt to Equity Ratio

0.6 x

Debt to Assets Ratio

0.2 x0.3 x

Financial Leverage

1.6 x1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

208.6 m238 m340.4 m213.9 m

Depreciation and Amortization

184.1 m100.6 m2.6 m15.7 m

Accounts Receivable

(26 m)17.1 m(16 m)(9.4 m)

Inventories

24.2 m6.6 m(1.8 m)3.6 m

Accounts Payable

(28.9 m)2.3 m107 k15.8 m

Cash From Operating Activities

451 m541.6 m447.5 m409.9 m

Purchases of PP&E

(52.4 m)(54.7 m)(68.7 m)(77 m)

Cash From Investing Activities

(27 m)(50.8 m)(172.4 m)(493.8 m)

Cash From Financing Activities

(149.4 m)(219.7 m)(83.7 m)(97.8 m)

Interest Paid

39.8 m34.7 m29.6 m28.3 m

Income Taxes Paid

14.5 m22.2 m41.4 m49.9 m

Brocade Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Pending

550362420

Patents (US)

22620774

Patents (foreign)

33028110

Brocade Revenue Breakdown

Brocade Online and Social Media Presence

Brocade News and Updates

Brocade Company Life and Culture

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