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
- $ 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
- Opportunities in the US Learning Management System Market to 2025, Featuring Key Players Callidus Software, Inc., Competentum Group, Cornerstone OnDemand, Docebo and More
- Global Online Education Market Analysis 2019-2025 Featuring Leading Players: Coursera, Udacity, Pluralsight, Cengage Learning, and Cornerstone OnDemand
- Cornerstone OnDemand Sees A Big Opportunity In Online Training
Key People/Management at Cornerstone OnDemand
Phil Saunders
Chief Executive Officer, Director
Chirag Shah
SVP & General Manager, Growth Markets
Jeff Lautenbach
President, Global Field Operations
Heidi Spirgi
Chief Marketing and Strategy Officer
Adam Miller
Founder & Co-Chairman
Mike Bollinger
VP, Strategic Initiatives, Cornerstone
Cornerstone OnDemand Office Locations
Cornerstone OnDemand has offices in Santa Monica, New York, Sandy, Sunnyvale and in 29 other locations
Santa Monica, CA, US (HQ)
1601 Cloverfield Blvd #620
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
| USD | |
|---|---|
Revenue (Q1, 2021) | 209.3m |
Gross profit (Q1, 2021) | 148.7m |
Gross profit margin (Q1, 2021), % | 71.1% |
Net income (Q1, 2021) | (12.5m) |
EBIT (Q1, 2021) | 9.1m |
Market capitalization (30-Jul-2021) | 3.2b |
Closing stock price (30-Jul-2021) | 47.9 |
Cash (31-Mar-2021) | 128.9m |
EV | 4.2b |
Cornerstone OnDemand's current market capitalization is $3.2 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 133.1m | 132.5m | 134.0m | 140.1m | 141.9m | 145.0m | 150.1m | 184.4m | 199.5m | 209.3m |
Cost of goods sold | 37.0m | 36.4m | 36.2m | 33.7m | 40.2m | 37.2m | 41.9m | 58.0m | 64.5m | 60.5m |
Gross profit | 96.1m | 96.2m | 97.8m | 106.4m | 101.7m | 107.8m | 108.2m | 126.4m | 135.0m | 148.7m |
Gross profit Margin, % | 72% | 73% | 73% | 76% | 72% | 74% | 72% | 69% | 68% | 71% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 413.3m | 450.9m | 136.6m | 357.0m | 395.1m | 218.7m | 456.2m | 136.5m | 170.9m | 128.9m |
Accounts Receivable | 114.0m | 110.4m | 97.4m | 92.6m | 103.6m | 100.4m | 94.2m | 166.6m | 156.7m | 137.2m |
Prepaid Expenses | 30.9m | 38.6m | 31.6m | 33.8m | 38.9m | 31.3m | 33.8m | 36.5m | 30.6m | 35.6m |
Current Assets | 785.2m | 812.0m | 544.9m | 534.4m | 563.5m | 536.8m | 617.6m | 375.9m | 397.1m | 347.3m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (16.2m) | (28.2m) | (30.7m) | (3.5m) | (12.3m) | (13.5m) | (13.8m) | (25.8m) | (41.5m) | (12.5m) |
Depreciation and Amortization | 7.8m | 16.2m | 25.4m | 10.9m | 25.7m | 30.8m | 12.0m | 43.2m | 80.2m | 36.8m |
Accounts Payable | (7.6m) | (7.9m) | (6.3m) | (2.8m) | 1.6m | (6.0m) | 523.0k | 3.8m | (6.9m) | |
Cash From Operating Activities | (4.6m) | 12.6m | 45.3m | 7.3m | 28.5m | 53.0m | 6.0m | 28.8m | 61.9m | 78.1m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 254.9k |
Debt/Equity | 24.1 x |
Debt/Assets | 0.6 x |
Financial Leverage | 43.7 x |
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 | February 25, 2020 | $1.4 b |
| Clustree | January 16, 2020 | $18.5 m |
| Grovo | November 07, 2018 | |
| Workpop | September 12, 2018 | |
| Evolv | October 07, 2014 | $44.5 m |
| Sonar6 | March 08, 2012 | |
| 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: 5.8% from Professional Services and 94.2% from Subscription
Cornerstone OnDemand revenue breakdown by geographic segment: 65.2% from United States and 34.8% from All Other Countries
Cornerstone OnDemand Cybersecurity Score
Cornerstone OnDemand Environment, Social & Governance (ESG) Ratings
Cornerstone OnDemand Online and Social Media Presence
13.8k Twitter followers
Cornerstone OnDemand has 13.8k Twitter Followers. The number of followers has decreased 0.4% quarter over quarter
Cornerstone OnDemand's Trends
Twitter Engagement Stats for @cornerstoneinc
23.1k
Tweets
1.6k
Following
13.8k
Followers
39
Tweets last 30 days
1.9
Avg. likes per Tweet
89.7%
Tweets with engagement
Cornerstone OnDemand Company Culture
Overall Culture
A
80/100
CEO Rating
A+
84/100
Compensation
A
81/100
Diversity
A-
79/100
Cornerstone OnDemand News and Updates
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,...
February 11, 2021
Opportunities in the US Learning Management System Market to 2025, Featuring Key Players Callidus Software, Inc., Competentum Group, Cornerstone OnDemand, Docebo and More
Dublin, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The "Learning Management System Market Research Report by Component (Services and Solution), by Function (Administration, Content Management, and Performance Management), by Deployment, by Delivery Mode, by End User - United States Forecast to 2025 - Cumul…
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....
November 01, 2019
Cornerstone OnDemand Sees A Big Opportunity In Online Training
As part of its strategic transformation, Cornerstone has boosted margins and funded a new growth initiative in online training.
February 05, 2019
Cloud-based Training Software Market 2019 Global Analysis By Key Players – Adobe Systems, Cornerstone OnDemand, Trivantis, Saba Software
WiseGuyReports.Com Publish a New Market Research Report On –“ Cloud-based Training Software Market 2019 Global Analysis By Key Players – Adobe Systems, Cornerstone OnDemand, Trivantis, Saba Software”. Posted via Industry Today. Follow us on Twitter @IndustryToday
December 05, 2018
Performance Appraisal and Management Software Market 2023 report provides Latest improvements in the industry by anticipating the future perspective of the market, competitors, the top key players such as Actus, bambooHR, breatheHR, Cornerstone OnDemand,
The Global Performance Appraisal and Management Software Market is an analysis and portrayal of the market globally. It gives a clear image of the market and a thoughtful knowledge about its segments. The various sections are examined and is the key part of the Performance Appraisal and Management S…
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 Phil Saunders, Chirag Shah and Jeff Lautenbach.
How many employees does Cornerstone OnDemand have?
Cornerstone OnDemand has 2,000 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 $370.5 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 #620, Santa Monica.
Where are Cornerstone OnDemand offices?
Cornerstone OnDemand has offices in Santa Monica, New York, Sandy, Sunnyvale and in 29 other locations.
How many offices does Cornerstone OnDemand have?
Cornerstone OnDemand has 33 offices.
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