Cornerstone OnDemand

Cornerstone OnDemand is a global provider of a comprehensive learning and talent management solution delivered as Software-as-a-Service. The Company enables organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Its integrated cloud-based software offering consists of Cornerstone Onboarding, Cornerstone Recruiting, Cornerstone Performance, Cornerstone Learning, Cornerstone Connect, Cornerstone Succession, Cornerstone Compensation and Cornerstone Extended Enterprise. The Company's clients use its solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders and integrate with their external networks of customers, vendors and distributors.

Company Growth (employees)
Type
Public
HQ
Santa Monica, US
Founded
1999
Size (employees)
1,960 (est)+6%
Cornerstone OnDemand was founded in 1999 and is headquartered in Santa Monica, US

Key People/Management at Cornerstone OnDemand

Adam Miller

Adam Miller

Founder & CEO
Mark Goldin

Mark Goldin

CTO
Kirsten Maas Helvey

Kirsten Maas Helvey

COO
David Carter

David Carter

SVP Sales
Vince Belliveau

Vince Belliveau

EVP & General Manager of Europe Middle East & Africa
Jason Corsello

Jason Corsello

VP of Corporate Strategy & Marketing

Cornerstone OnDemand Office Locations

Cornerstone OnDemand has offices in Santa Monica, San Francisco, Greater London, Paris and in 23 other locations
Santa Monica, US (HQ)
600 1601 Cloverfield Blvd
Puerto Madero, AR
360 Victoria Ocampo
Las Condes, CL
200 Alcántara
Pinheiros, BR
8501 Av. das Nações Unidas
Huangpu Qu, CN
168 Xi Zang Zhong Lu
Hong Kong, HK
One International Finance Centre 1 Harbour View St
Show all (27)

Cornerstone OnDemand Financials and Metrics

Cornerstone OnDemand Financials

Cornerstone OnDemand's revenue was reported to be $423.1 m in FY, 2016
USD

Revenue (Q2, 2017)

116.7 m

Gross profit (Q2, 2017)

81.3 m

Gross profit margin (Q2, 2017), %

70%

Net income (Q2, 2017)

(21.3 m)

EBIT (Q2, 2017)

(18.6 m)

Market capitalization (13-Nov-2017)

2 b

Cash (30-Jun-2017)

107 m
Cornerstone OnDemand's current market capitalization is $2 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

43.7 m73 m117.9 m185.1 m263.6 m339.7 m423.1 m

Revenue growth, %

67%61%57%42%29%25%

Cost of goods sold

53.5 m77.7 m109.9 m135.8 m

Gross profit

131.6 m185.9 m229.8 m287.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

48.3 m57.4 m61.5 m68.3 m74 m82.6 m87.3 m99.3 m107 m107.8 m111.6 m116.7 m

Cost of goods sold

13.6 m17.4 m17.4 m19.4 m24.7 m27.9 m27.2 m31.7 m36 m33.4 m33.9 m35.3 m

Gross profit

34.6 m40 m44.1 m48.9 m49.3 m54.7 m60 m67.7 m71.1 m74.4 m77.6 m81.3 m

Gross profit Margin, %

72%70%72%72%67%66%69%68%66%69%70%70%
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

8.1 m7.1 m85.4 m76.4 m109.6 m166.6 m107.7 m83.3 m

Accounts Receivable

67.2 m84.5 m104.7 m136.7 m

Inventories

14.1 m13 m15.3 m18.5 m

Current Assets

407.5 m406.4 m400.4 m493.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

79.4 m57.9 m94.5 m112.6 m65.3 m59.9 m107 m

Accounts Receivable

80.6 m93.3 m88.5 m103.3 m99.6 m98.9 m119.2 m

Current Assets

349.4 m352.9 m414.2 m420.8 m388.5 m450.4 m487.9 m

PP&E

29.8 m28.8 m26.8 m25.5 m24.8 m22.1 m22.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(40.4 m)(64.9 m)(85.5 m)(66.8 m)

Depreciation and Amortization

9.7 m15.1 m27.5 m32.4 m

Accounts Receivable

(19 m)(19 m)(22 m)(38.1 m)

Accounts Payable

5.1 m4.6 m4.4 m5.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(29.7 m)(15.8 m)(32.4 m)(46.7 m)(23.3 m)(46.5 m)(66.7 m)(18.2 m)(17.6 m)(12.4 m)(16.2 m)

Depreciation and Amortization

7 m3.1 m6.3 m9.8 m6.2 m12.9 m19.9 m7.6 m

Accounts Receivable

(8 m)14.9 m(1.3 m)(20.9 m)21.4 m3.5 m(9.5 m)15.4 m103.3 m99.6 m98.9 m

Accounts Payable

3 m1.1 m2.6 m2 m(2.4 m)(1.7 m)(1 m)(6.3 m)16.5 m14 m9.5 m
Y, 2017

Financial Leverage

20.2 x
Show all financial metrics

Cornerstone OnDemand Operating Metrics

Cornerstone OnDemand's Users was reported to be 31 m in Q1, 2017. Cornerstone OnDemand's Customers was reported to be 3 k in Q1, 2017
Q1, 2014Q2, 2014Q3, 2014Q4, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Bookings

$49.7 m$70.1 m$82.1 m$114.2 m$316.1 m$63.5 m$91.3 m$103.7 m$142 m$400.5 m$83.7 m

Customers

1.7 k1.8 k1.9 k2.1 k2.2 k2.3 k2.4 k2.6 k2.67 k2.73 k2.81 k2.92 k2.92 k3 k

Users

14.5 m15.5 m16.6 m18.1 m19.1 m20.5 m22.2 m23.8 m25 m26.3 m29.9 m29.9 m31 m

Countries

191191191191191191191191191191191191191191
Show all operating metrics

Cornerstone OnDemand Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
EvolvOctober 07, 2014$44.5 m
Sonar6March 08, 2012

Cornerstone OnDemand Market Value History

Cornerstone OnDemand Revenue Breakdown

Cornerstone OnDemand Median Salaries

Source: 156 public H-1B filings from Cornerstone OnDemand

Cornerstone OnDemand's Web-traffic and Trends

Cornerstone OnDemand Online and Social Media Presence

Cornerstone OnDemand News and Updates

Cornerstone OnDemand Hires Advisers to Explore a Sale

Shares in the enterprise software company soar.

Cornerstone OnDemand Company Life and Culture

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