Citrix Systems is a cloud company focused on providing networking, virtualization and remote access software applications. The Company offers server, application and desktop virtualization, networking, software-as-a-service and cloud computing technologies, including Xen open-source products. Citrix is organized into three units: Workspace Services, Delivery Network, and Mobility Apps. Citrix licenses its services and products directly to clients, including IT professionals, SMEs, and through companies called value-added resellers that resell the products and services after adding additional features.

Fort Lauderdale, US
Size (employees)
7,500 (est)-21%
Citrix was founded in 1989 and is headquartered in Fort Lauderdale, US
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Key People/Management at Citrix

David J. Henshall

David J. Henshall

President and Chief Executive Officer
Bob Calderoni

Bob Calderoni

Executive Chairman
Andrew del matto

Andrew del matto

Executive Vice President and Chief Financial Officer
Mark M. Coyle

Mark M. Coyle

Senior Vice President of Finance
mark Ferrer

mark Ferrer

Executive Vice President and Chief Revenue Officer
Tony Gomes

Tony Gomes

Executive Vice President and General Counsel
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Citrix Office Locations

Citrix has offices in Coral Gables, Singapore, Tokyo, Fort Lauderdale and in 3 other locations
Fort Lauderdale, US (HQ)
851 W Cypress Creek Rd
Coral Gables, US
One Alhambra Plaza
Santa Clara, US
4988 Great America Pkwy
Bengaluru, IN
33 Ulsoor Rd
Tokyo, JP
Kasumigaseki Common Gate West
Singapore, SG
50 Collyer Quay
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Citrix Financials and Metrics

Citrix Revenue

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Citrix's revenue was reported to be $2.82 b in FY, 2017 which is a 17.4% decrease from the previous period.

Revenue (Q2, 2018)

1.4 b

Gross profit (Q2, 2018)

1.4 b

Gross profit margin (Q2, 2018), %


Net income (Q2, 2018)

251.1 m

EBIT (Q2, 2018)

310.7 m

Market capitalization (16-Aug-2018)

15.1 b

Closing stock price (16-Aug-2018)


Cash (30-Jun-2018)

1 b


14.8 b
Citrix's current market capitalization is $15.1 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017


3.1 b3.3 b3.4 b2.8 b

Revenue growth, %


Cost of goods sold

620.2 m614.4 m559.5 m439.6 m

Gross profit

2.5 b2.7 b2.9 b2.4 b
USDFY, 2014FY, 2015FY, 2016FY, 2017


260.1 m368.5 m957 m1.1 b

Accounts Receivable

674.4 m669.3 m725.9 m712.5 m

Prepaid Expenses

166 m132.8 m138.8 m147.3 m


166 m132.8 m12.5 m13.9 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018


298.5 m279.4 m242.8 m402.9 m362.3 m527.6 m513.3 m666.2 m1.3 b908 m844.8 m940.9 m954.7 m1 b

Accounts Receivable

510.9 m506.4 m465.6 m438.2 m501 m467.8 m450 m504.4 m475.1 m485.8 m541.3 m464.8 m427.9 m

Prepaid Expenses

138.4 m152.8 m164.9 m186.2 m155 m141.7 m169.6 m135 m119.5 m170.1 m176.1 m168.2 m169 m


12.5 m14.2 m16.5 m12 m12.7 m10.9 m12.2 m11.5 m14.8 m15.2 m13.2 m14.9 m13.6 m20.3 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

251.7 m319.4 m536.1 m(20.7 m)

Depreciation and Amortization

330.3 m392.9 m249 m208.3 m


(1.2 m)703 k(4.1 m)(2.5 m)

Accounts Payable

40 k11 m(20.9 m)(7.2 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

55.9 m109 m156.5 m28.9 m132.2 m188.1 m83.5 m204.4 m336.3 m27.6 m136.5 m263.2 m144.3 m251.1 m

Depreciation and Amortization

70 m168.8 m236.8 m65.2 m151 m295.8 m71 m149 m219.2 m49.3 m97.4 m149.8 m51.9 m


1.1 m(1.1 m)(4.3 m)319 k(771 k)1.1 m(2.1 m)(1.5 m)(5.4 m)(2.8 m)(1.4 m)(3.4 m)34 k(6.6 m)

Accounts Payable

(1.3 m)2.7 m7.5 m1.9 m38 k6.7 m(14.6 m)72.6 m85.7 m(8.2 m)(9.3 m)(17 m)1.8 m19.9 m
USDY, 2018


47.7 x


28.1 x

Financial Leverage

8.4 x
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Citrix Operating Metrics

Citrix's Users was reported to be 10 m in Q4, 2014. Citrix's Enterprise Customers was reported to be 400 k in Q4, 2016.
Q4, 2014Q4, 2015Q2, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017


90 86 96 47 76 62 107

Unique Customers

2.60 k2.50 k2 k1.90 k2.20 k

Enterprise Customers

400 k400 k


10 m
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Citrix Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Cedexis (94)February 06, 2018$66.30 m
Unidesk (106)January 09, 2017
Norskale September 08, 2016
GoToMeeting-duplicate July 26, 2016
Grasshopper April 08, 2015$161.50 m
Sanbolic January 12, 2015$89.40 m
Octoblu December 01, 2014
Solid Instance November 10, 2014
RightSignature October 20, 2014
Virtual September 16, 2014
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Citrix Revenue Breakdown

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Citrix revenue breakdown by geographic segment: 10.4% from APJ, 31.4% from EMEA and 58.2% from Americas

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Citrix Online and Social Media Presence

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Citrix News and Updates

Virtual Desktop Infrastructure Market 2018 - What Factors will drive the Market in Upcoming Years | Dell, Microsoft, VMware, Citrix Systems, Virtual Bridges, Emerging Vendors

Virtual Desktop Infrastructure Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Market over a longer period of time. Post…

Security at the Core of TSplus New 11.40 Release

TSplus keeps developing its star software for the benefit of the greatest number. Yesterday a new version has been uploaded. This 11.40 release is a major release, which brings outstanding progress in security and will satisfy all TSplus customers and Remote Desktop users.

NEXT Upstate Announces Mark Templeton as Keynote Speaker for 2018 Venture Pitch Conference

GREENVILLE, S.C., July 26, 2018 /PRNewswire/ -- NEXT Upstate announced today that Mark Templeton will deliver the closing keynote for their 3rd annual conference on October 4th 2018. Mark Templeton recently joined DigitalOcean, a leading cloud computing platform serving over 3.5M...

Why 'cloud' will die out by 2025

Citrix report claims big changes are on the way concerning how data is stored.
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Citrix Company Life and Culture

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