OverviewSuggest Edit

Cornerstone OnDemand is a company providing learning and talent management solutions. It helps organizations to recruit, train, and manage employees. The company offers onboarding, performance management, succession planning, people administration, analytics, and other services.
TypePublic
Founded1999
HQSanta Monica, CA, US
Websitecornerstoneondemand.com
Employee Ratings3.7
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)2,900(+45%)
Job Openings247
Revenue (FY, 2020)$740.9 M(+29%)
Share Price (Oct 2021)$57.5
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Cornerstone OnDemand

Himanshu Palsule

Himanshu Palsule

Chief Executive Officer
Jeff Lautenbach

Jeff Lautenbach

President, Global Field Operations
Adam Weiss

Adam Weiss

Chief Administrative Officer and General Counsel
Heidi Spirgi

Heidi Spirgi

Chief Strategy and Growth Officer
Trish Coughlin

Trish Coughlin

Chief Accounting Officer
Ajay Awatramani

Ajay Awatramani

Chief Product Officer
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Cornerstone OnDemand Office Locations

Cornerstone OnDemand has offices in Santa Monica, New York, Sandy, Sunnyvale and in 30 other locations
Santa Monica, CA, US (HQ)
1601 Cloverfield Blvd #600S
New York, NY, US
50 W 23rd St floor 6
Sandy, UT, US
9680 State St
Sunnyvale, CA, US
710 Lakeway Drive Suite 130
Buenos Aires, AR
3rd floor, Victoria Ocampo 360
Sydney, AU
Level 23, 52 Martin Place
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Cornerstone OnDemand Financials and Metrics

Cornerstone OnDemand Revenue

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View revenue for all periods
Cornerstone OnDemand's revenue was reported to be $740.92 m in FY, 2020 which is a 28.5% increase from the previous period.
USD

Revenue (Q2, 2021)

214.3m

Gross profit (Q2, 2021)

153.6m

Gross profit margin (Q2, 2021), %

71.6%

Net income (Q2, 2021)

(371.0k)

EBIT (Q2, 2021)

20.9m

Market capitalization (18-Oct-2021)

3.8b

Closing stock price (18-Oct-2021)

57.5

Cash (30-Jun-2021)

147.0m

EV

4.8b
Cornerstone OnDemand's current market capitalization is $3.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

537.9m576.5m740.9m

Revenue growth, %

12%7%29%

Cost of goods sold

144.3m149.2m227.0m

Gross profit

393.5m427.3m513.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

140.1m141.9m145.0m150.1m184.4m199.5m209.3m214.3m

Cost of goods sold

33.7m40.2m37.2m41.9m58.0m64.5m60.5m60.8m

Gross profit

106.4m101.7m107.8m108.2m126.4m135.0m148.7m153.6m

Gross profit Margin, %

76%72%74%72%69%68%71%72%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

183.6m215.9m153.2m

Accounts Receivable

125.3m131.1m221.5m

Prepaid Expenses

34.9m30.5m30.6m

Current Assets

573.0m612.3m451.0m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(33.8m)(4.1m)(40.0m)

Depreciation and Amortization

35.3m41.6m117.0m

Accounts Payable

(5.5m)(8.8m)(11.9m)

Cash From Operating Activities

90.3m115.5m96.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

(3.5m)(12.3m)(13.5m)(13.8m)(25.8m)(41.5m)(12.5m)(12.8m)

Depreciation and Amortization

10.9m20.0m30.8m12.0m43.2m80.2m36.8m71.1m

Accounts Payable

(2.8m)1.6m(6.0m)523.0k3.8m(6.9m)(28.3m)(11.6m)

Cash From Operating Activities

7.3m28.5m53.0m6.0m28.8m61.9m78.1m123.4m
USDFY, 2018

EV/EBIT

-400 x

EV/CFO

34.4 x

Revenue/Employee

275.4k

Debt/Equity

6 x

Debt/Assets

0.4 x

Financial Leverage

14.4 x

P/E Ratio

(86.9)
Show all financial metrics

Cornerstone OnDemand Operating Metrics

Cornerstone OnDemand's Customers was reported to be 6 k in Q3, 2020. Cornerstone OnDemand's Users was reported to be 40 m in FY, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Users

35.3 m36 m36.7 m38.5 m40 m40 m

Customers

3.25 k3.28 k3.36 k3.43 k3.54 k3.5 k3.6 k3.64 k3.6 k3.6 k6.3 k6 k

Countries

192192192192192190190180187187180180

Billings

$525.82 m
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Cornerstone OnDemand Acquisitions / Subsidiaries

Company NameDateDeal Size
Saba Software,Inc.April 22, 2020$1.31 b
Clustree SASJanuary 24, 2020$18.6 m
Grovo Learning, Inc.November 09, 2018$22.91 m
Workpop, Inc.September 10, 2018$18.2 m
Evolv Inc.,November 03, 2014$43.4 m
Sonar LimitedApril 05, 2012$12.5 m
Cornerstone OnDemand Europe Limited
Cornerstone OnDemand Global Operations, Inc.
Cornerstone OnDemand Holdings, Inc.
Cornerstone OnDemand International Limited
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Cornerstone OnDemand Revenue Breakdown

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Cornerstone OnDemand revenue breakdown by business segment: 95.2% from Subscription and 4.8% from Other

Cornerstone OnDemand revenue breakdown by geographic segment: 36.6% from All Other Countries and 63.4% from United States

Cornerstone OnDemand Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Cornerstone OnDemand Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cornerstone OnDemand Online and Social Media Presence

Embed Graph

Cornerstone OnDemand Company Culture

  • Overall Culture

    A

    79/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A-

    78/100

  • Diversity

    B+

    78/100

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Cornerstone OnDemand News and Updates

Clearlake-backed Cornerstone OnDemand buys EdCast

Cornerstone OnDemand Inc, which is backed by Clearlake Capital Group, has acquired EdCast, a learning experience platform.

Clearlake-backed Cornerstone OnDemand to buy EdCast

Cornerstone OnDemand, which is backed by Clearlake Capital, has agreed to acquire EdCast, a learning experience platform software provider.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Cornerstone OnDemand, Inc. - CSOD

NEW YORK, Sept. 17, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...

Shareholder Alert: Ademi LLP investigates whether Cornerstone OnDemand, Inc. has obtained a Fair Price in its transaction with Clearlake

MILWAUKEE, Aug. 6, 2021 /PRNewswire/ -- Ademi LLP is investigating Cornerstone (NASDAQ: CSOD) for possible breaches of fiduciary duty and other violations of law in its transaction with Clearlake. Click here to learn how to join the action:...

$ 5.41 Billion Growth in Global Talent Management Software Market 2020-2024 | Featuring Key Vendors Including Automatic Data Processing Inc., Bullhorn Inc., and Cornerstone OnDemand Inc. among others | Technavio

NEW YORK, March 23, 2021 /PRNewswire/ -- The talent management software market is expected to grow by USD 5.41 bn during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the talent management software market in optimistic,...

Global Online Education Market Analysis 2019-2025 Featuring Leading Players: Coursera, Udacity, Pluralsight, Cengage Learning, and Cornerstone OnDemand

DUBLIN, Dec. 17, 2019 /PRNewswire/ -- The "Online Education Market & Global Forecast, by End User, Learning Mode (Self-Paced, Instructor Led), Technology, Country, Company" report has been added to ResearchAndMarkets.com's offering. This report studies the global online education market....
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Cornerstone OnDemand Blogs

ProLiteracy Case Study

1Learning ManagementCornerstone ContentExtended Enterprise CaseStudy-SMB-ProLiteracy-Snapshot.pdfProLiteracyNon-profitProLiteracy has a singular mission: to change lives and communities through the power of literacy.ProLiteracy needed a reliable and easily accessible system to consolidate its resour…

GeoStabilization International

1Learning ManagementPerformance Management CaseStudy-SMB-GSI-Snapshot.pdfGeoStabilization InternationalA client since 2018, GeoStabilizaiton International (GSI) knew that they had to streamline and improve their L&D program. Cornerstone equipped GSI with a central hub strategy to effectively man…

A Crash Course on Converting to the Virtual Classroom

A Crash Course on Converting to the Virtual Classroom Thank you! A Crash Course on Converting to the Virtual Classroom.pdf#ffffff

Creating an Action Plan for Your Agency's Skills Gaps

Thank you! Creating-an-Action-Plan-for-Your-Agency's-Skills-Gaps.pdf#0047BA

People Work > Paperwork eBook

People Work > Paperwork eBook Thank you! People-Work-Paperwork-eBook.pdf#ffffff

People Work > Paperwork: Chapter 1

People Work > Paperwork: Chapter 1 Thank you! People-Work-Paperwork-eBook-Chapter1.pdf#ffffff
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Cornerstone OnDemand Frequently Asked Questions

  • When was Cornerstone OnDemand founded?

    Cornerstone OnDemand was founded in 1999.

  • Who are Cornerstone OnDemand key executives?

    Cornerstone OnDemand's key executives are Himanshu Palsule, Jeff Lautenbach and Adam Weiss.

  • How many employees does Cornerstone OnDemand have?

    Cornerstone OnDemand has 2,900 employees.

  • What is Cornerstone OnDemand revenue?

    Latest Cornerstone OnDemand annual revenue is $740.9 m.

  • What is Cornerstone OnDemand revenue per employee?

    Latest Cornerstone OnDemand revenue per employee is $255.5 k.

  • Who are Cornerstone OnDemand competitors?

    Competitors of Cornerstone OnDemand include D2L, Instructure and Workday.

  • Where is Cornerstone OnDemand headquarters?

    Cornerstone OnDemand headquarters is located at 1601 Cloverfield Blvd #600S, Santa Monica.

  • Where are Cornerstone OnDemand offices?

    Cornerstone OnDemand has offices in Santa Monica, New York, Sandy, Sunnyvale and in 30 other locations.

  • How many offices does Cornerstone OnDemand have?

    Cornerstone OnDemand has 34 offices.