Cornerstone OnDemand
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.
| Type | Public | |
| Founded | 1999 | |
| HQ | Santa Monica, CA, US | Map |
| Website | cornerstoneondemand.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
- Clearlake-backed Cornerstone OnDemand buys EdCast
- Clearlake-backed Cornerstone OnDemand to buy EdCast
- SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Cornerstone OnDemand, Inc. - CSOD
- Shareholder Alert: Ademi LLP investigates whether Cornerstone OnDemand, Inc. has obtained a Fair Price in its transaction with Clearlake
Key People/Management at Cornerstone OnDemand
Himanshu Palsule
Chief Executive Officer
Jeff Lautenbach
President, Global Field Operations
Adam Weiss
Chief Administrative Officer and General Counsel
Heidi Spirgi
Chief Strategy and Growth Officer
Trish Coughlin
Chief Accounting Officer
Ajay Awatramani
Chief Product Officer
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
Cornerstone OnDemand Financials and Metrics
Cornerstone OnDemand Revenue
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
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Cash | 357.0m | 395.1m | 218.7m | 456.2m | 136.5m | 170.9m | 128.9m | 147.0m |
Accounts Receivable | 92.6m | 103.6m | 100.4m | 94.2m | 166.6m | 156.7m | 137.2m | 140.8m |
Prepaid Expenses | 33.8m | 38.9m | 31.3m | 33.8m | 36.5m | 30.6m | 35.6m | 34.2m |
Current Assets | 534.4m | 563.5m | 536.8m | 617.6m | 375.9m | 397.1m | 347.3m | 370.3m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | (3.5m) | (12.3m) | (13.5m) | (13.8m) | (25.8m) | (41.5m) | (12.5m) | (12.8m) |
Depreciation and Amortization | 10.9m | 20.0m | 30.8m | 12.0m | 43.2m | 80.2m | 36.8m | 71.1m |
Accounts Payable | (2.8m) | 1.6m | (6.0m) | 523.0k | 3.8m | (6.9m) | (28.3m) | (11.6m) |
Cash From Operating Activities | 7.3m | 28.5m | 53.0m | 6.0m | 28.8m | 61.9m | 78.1m | 123.4m |
| USD | FY, 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) |
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.
Cornerstone OnDemand Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Saba Software,Inc. | April 22, 2020 | $1.31 b |
| Clustree SAS | January 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 Limited | April 05, 2012 | $12.5 m |
| Cornerstone OnDemand Europe Limited | ||
| Cornerstone OnDemand Global Operations, Inc. | ||
| Cornerstone OnDemand Holdings, Inc. | ||
| Cornerstone OnDemand International Limited |
Cornerstone OnDemand Revenue Breakdown
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
Cornerstone OnDemand Environment, Social & Governance (ESG) Ratings
Cornerstone OnDemand Online and Social Media Presence
13.91k Twitter followers
Cornerstone OnDemand has 13.91k Twitter Followers. The number of followers has increased 0.2% quarter over quarter
Cornerstone OnDemand's Trends
Twitter Engagement Stats for @cornerstoneinc
23.4k
Tweets
1.6k
Following
13.9k
Followers
43
Tweets last 30 days
1.4
Avg. likes per Tweet
86%
Tweets with engagement
Cornerstone OnDemand Company Culture
Overall Culture
A
79/100
CEO Rating
A+
83/100
Compensation
A-
78/100
Diversity
B+
78/100
Cornerstone OnDemand News and Updates
May 16, 2022
Clearlake-backed Cornerstone OnDemand buys EdCast
Cornerstone OnDemand Inc, which is backed by Clearlake Capital Group, has acquired EdCast, a learning experience platform.
March 17, 2022
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.
September 18, 2021
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...
August 06, 2021
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:...
March 23, 2021
$ 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,...
December 17, 2019
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....
Cornerstone OnDemand Blogs
May 19, 2020
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…
April 27, 2020
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…
April 08, 2020
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
April 08, 2020
Creating an Action Plan for Your Agency's Skills Gaps
Thank you! Creating-an-Action-Plan-for-Your-Agency's-Skills-Gaps.pdf#0047BA
April 03, 2020
People Work > Paperwork eBook
People Work > Paperwork eBook
Thank you! People-Work-Paperwork-eBook.pdf#ffffff
April 01, 2020
People Work > Paperwork: Chapter 1
People Work > Paperwork: Chapter 1
Thank you! People-Work-Paperwork-eBook-Chapter1.pdf#ffffff
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.
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