Carbonite, Inc. (Carbonite) provides cloud and hybrid backup solutions. The Company's solutions are designed to address the specific needs of small and medium sized businesses (SMBs) and individuals. The Company's suite of solutions includes Carbonite Personal, which include unlimited cloud backup for one computer at three different service levels for individuals; Carbonite Pro, the Company's small business workstation solutions automatically back up files to the cloud and include an unlimited number of devices for an annual flat fee based on the amount of storage needed, and Carbonite Server Backup, the Company's hybrid server backup solution that protects an unlimited number of servers, databases and live applications, and offers management capabilities. As of December 31, 2014, the Company had subscribers in over 100 countries with subscribers based in the United States representing approximately 94% of its total revenue.
Company Growth (employees)
Boston, US
Size (employees)
820 (est)+35%
Carbonite was founded in 2005 and is headquartered in Boston, US

Key People/Management at Carbonite

David Friend

David Friend

Chairman & CEO
Andrew Barr

Andrew Barr

Team Member
Anthony Folger

Anthony Folger

CFO & Treasurer
Jeff Flowers

Jeff Flowers

Co - Founder & Board Member

Carbonite Office Locations

Carbonite has offices in Boston, Lewiston, Ismaning and Seattle
Boston, US (HQ)
2 Ave de Lafayette
Seattle, US
506 2nd Ave
Ismaning, DE
1 Gutenbergstraße
Lewiston, US
24 Mollison Way

Carbonite Financials and Metrics

Carbonite Financials

Carbonite's revenue was reported to be $207 m in FY, 2016

Revenue (Q2, 2017)

59 m

Gross profit (Q2, 2017)

40.7 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(6.4 m)

EBIT (Q2, 2017)

(4.7 m)

Market capitalization (13-Nov-2017)

610.1 m

Cash (30-Jun-2017)

125.1 m
Carbonite's current market capitalization is $610.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


107.2 m122.6 m136.6 m207 m

Revenue growth, %


Cost of goods sold

34.9 m38.6 m38.8 m60.9 m

Gross profit

72.3 m84.1 m97.8 m146 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


27.7 m29.1 m30.3 m31.3 m33 m34 m34.6 m48.1 m53.4 m51.9 m57.1 m59 m

Cost of goods sold

8.9 m9.3 m9.7 m9.6 m10 m9.8 m9.8 m14.8 m15.9 m15.5 m17.4 m18.3 m

Gross profit

18.8 m19.9 m20.6 m21.7 m23 m24.2 m24.8 m33.4 m37.6 m36.5 m39.7 m40.7 m

Gross profit Margin, %

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


50.4 m46.1 m63.9 m59.2 m


3.1 m5.2 m3.2 m7.3 m

Current Assets

70.4 m69.6 m72 m83.3 m


22.1 m25.9 m22.1 m23.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


47.3 m55.3 m57.4 m56.5 m59 m60.9 m61.6 m41 m43.2 m49.1 m41.8 m125.1 m

Current Assets

66.3 m75.3 m78.2 m79.2 m74.8 m72.8 m70 m65.4 m68 m73.2 m71.3 m156.5 m


22.8 m21 m20.6 m25.5 m24.6 m25.1 m23.9 m26.4 m24.9 m22.6 m27.8 m27.8 m


11.5 m11.5 m11.5 m11.5 m22.4 m22.8 m23.4 m23.6 m24.3 m24.5 m73.6 m74.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.6 m)(9.4 m)(21.6 m)(4.1 m)

Depreciation and Amortization

12.6 m12.5 m13.6 m15.9 m

Accounts Receivable

(303 k)17 k(1.4 m)(13.4 m)


(586 k)(830 k)1 m(1.5 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(1.2 m)(982 k)(2.5 m)(699 k)(6.2 m)(4.8 m)(6 m)(4.7 m)1.2 m107 k7.6 m

Accounts Payable

3.9 m2.7 m6.5 m8 m7.2 m5.1 m3.6 m2.9 m9.5 m
Y, 2017

Financial Leverage

8.5 x
Show all financial metrics

Carbonite Operating Metrics

Q1, 2014Q2, 2014Q3, 2014Q4, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017


$32.5 m$30.6 m$30.6 m$34.5 m$128.2 m$36.9 m$35.7 m$34.2 m$37.4 m$144.1 m$52.3 m$53.7 m$49.2 m$54 m$209.3 m$62.1 m

Patents Issued


Patents Pending



Show all operating metrics

Carbonite Market Value History

Carbonite Median Salaries

Source: 66 public H-1B filings from Carbonite

Carbonite's Web-traffic and Trends

Carbonite Online and Social Media Presence

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Carbonite Company Life and Culture

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