Cornerstone OnDemand
OverviewSuggest Edit
Cornerstone OnDemand is a company providing comprehensive learning and talent management solutions. It helps organizations to recruit, train and manage their employees. The company offers onboarding, performance management, succession planning, people administration, analytics, and other services.
| Type | Public | |
| Founded | 1999 | |
| HQ | Santa Monica, US | Map |
| Website | cornerstoneondemand.com | |
| Employee Ratings | More | |
| Culture score | A | More |
Recent NewsAll News
- 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
- Alight to acquire Workday and Cornerstone OnDemand Business from Wipro
- Global K-12 Talent Management Software Market 2019-2023: Cornerstone OnDemand, Halogen Software, PeopleAdmin, Ellucian, IBM, iCIMS, Infor Global Solutions, Oracle, SAP, SumTotal Systems, Workday et
Key People/Management at Cornerstone OnDemand
Heidi Spirgi
Chief Marketing and Strategy Officer
Jeff Lautenbach
President, Global Field Operations
Adam Miller
Founder and CEO
Christine Corning
Director, Healthcare Vertical at Cornerstone OnDemand
Brian Swartz
Chief Financial Officer
Brianna Foulds
Director of Talent Acquisition for Cornerstone OnDemand
Cornerstone OnDemand Office Locations
Cornerstone OnDemand has offices in Santa Monica, New York, Sandy, Sunnyvale and in 25 other locations
Santa Monica, US (HQ)
1601 Cloverfield Blvd #620
New York, US
50 W 23rd St floor 6
Sandy, US
75 West Towne Ridge Parkway, Tower 2 Suite 400
Sunnyvale, US
710 Lakeway Drive
Suite 130
Sydney, AU
Level 23, 52 Martin Place
Bruxelles, BE
Pegasuslaan 5
Cornerstone OnDemand Financials and Metrics
Cornerstone OnDemand Revenue
Cornerstone OnDemand's revenue was reported to be $576.52 m in FY, 2019
| USD | |
|---|---|
Revenue (Q1, 2020) | 150.1m |
Gross profit (Q1, 2020) | 108.2m |
Gross profit margin (Q1, 2020), % | 72.1% |
Net income (Q1, 2020) | (13.8m) |
EBIT (Q1, 2020) | (2.7m) |
Market capitalization (22-May-2020) | 2.3b |
Closing stock price (22-May-2020) | 36.0 |
Cash (31-Mar-2020) | 456.2m |
EV | 2.2b |
Cornerstone OnDemand's current market capitalization is $2.3 b.
- Source: Company Filings
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 43.7m | 73.0m | 117.9m | 185.1m | 263.6m | 339.7m | 423.1m | 482.0m | 537.9m | 576.5m |
Revenue growth, % | 67% | 61% | 57% | 42% | 29% | 25% | 14% | 12% | ||
Cost of goods sold | 53.5m | 77.7m | 109.9m | 135.8m | 142.9m | 144.3m | 149.2m | |||
Gross profit | 131.6m | 185.9m | 229.8m | 287.4m | 339.1m | 393.5m | 427.3m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 14.9m | 20.0m | 24.0m | 26.7m | 30.8m | 37.7m | 44.3m | 48.3m | 57.4m | 61.5m | 68.3m | 74.0m | 82.6m | 87.3m | 99.3m | 107.0m | 107.8m | 111.6m | 116.7m | 121.8m | 133.1m | 132.5m | 134.0m | 140.1m | 141.9m | 145.0m | 150.1m |
Cost of goods sold | 5.0m | 5.4m | 6.8m | 7.9m | 9.1m | 11.3m | 13.2m | 13.6m | 17.4m | 17.4m | 19.4m | 24.7m | 27.9m | 27.2m | 31.7m | 36.0m | 33.4m | 33.9m | 35.3m | 35.7m | 37.0m | 36.4m | 36.2m | 33.7m | 40.2m | 37.2m | 41.9m |
Gross profit | 9.9m | 14.6m | 17.2m | 18.8m | 21.6m | 26.4m | 31.2m | 34.6m | 40.0m | 44.1m | 48.9m | 49.3m | 54.7m | 60.0m | 67.7m | 71.1m | 74.4m | 77.6m | 81.3m | 86.1m | 96.1m | 96.2m | 97.8m | 106.4m | 101.7m | 107.8m | 108.2m |
Gross profit Margin, % | 67% | 73% | 71% | 70% | 70% | 70% | 70% | 72% | 70% | 72% | 72% | 67% | 66% | 69% | 68% | 66% | 69% | 70% | 70% | 71% | 72% | 73% | 73% | 76% | 72% | 74% | 72% |
- Source: Company Filings
Annual
| usd | Y, 2009 | Y, 2010 | Y, 2011 | FY, 2011 | FY, 2012 | Y, 2012 | Y, 2013 | FY, 2013 | FY, 2014 | Y, 2014 | Y, 2015 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 8.1m | 7.1m | 85.4m | 85.4m | 76.4m | 76.4m | 109.6m | 109.6m | 166.6m | 166.6m | 107.7m | 107.7m | 83.3m | 393.6m | 183.6m | 215.9m |
Accounts Receivable | 34.1m | 47.5m | 67.2m | 67.2m | 84.5m | 84.5m | 104.7m | 104.7m | 136.7m | 154.4m | 125.3m | 131.1m | ||||
Prepaid Expenses | 3.8m | 8.2m | 14.1m | 13.0m | 15.3m | 21.8m | 34.9m | 30.5m | ||||||||
Inventories | 14.1m | 13.0m | 15.3m | 18.5m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 48.7m | 64.4m | 87.2m | 67.0m | 64.5m | 76.2m | 290.3m | 89.6m | 108.7m | 96.6m | 104.0m | 86.6m | 79.4m | 57.9m | 94.5m | 112.6m | 65.3m | 59.9m | 107.0m | 76.4m | 413.3m | 450.9m | 136.6m | 357.0m | 395.1m | 218.7m | 456.2m |
Accounts Receivable | 20.0m | 23.1m | 25.1m | 32.8m | 45.2m | 37.2m | 44.1m | 55.6m | 52.5m | 69.1m | 86.9m | 61.4m | 80.6m | 93.3m | 88.5m | 103.3m | 99.6m | 98.9m | 119.2m | 124.5m | 114.0m | 110.4m | 97.4m | 92.6m | 103.6m | 100.4m | 94.2m |
Prepaid Expenses | 3.6m | 3.6m | 4.0m | 4.4m | 7.1m | 9.4m | 11.3m | 13.1m | 11.9m | 12.7m | 13.6m | 15.8m | 15.8m | 17.1m | 18.9m | 17.9m | 19.0m | 26.3m | 23.8m | 22.8m | 30.9m | 38.6m | 31.6m | 33.8m | 38.9m | 31.3m | 33.8m |
Current Assets | 108.9m | 110.9m | 120.2m | 107.9m | 121.0m | 133.8m | 356.6m | 312.9m | 373.5m | 342.6m | 348.2m | 322.0m | 349.4m | 352.9m | 414.2m | 420.8m | 388.5m | 450.4m | 487.9m | 493.7m | 785.2m | 812.0m | 544.9m | 534.4m | 563.5m | 536.8m | 617.6m |
- Source: Company Filings
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (63.9m) | (31.4m) | (40.4m) | (64.9m) | (85.5m) | (66.8m) | (61.3m) | (33.8m) | (4.1m) |
Depreciation and Amortization | 3.7m | 7.0m | 9.7m | 15.1m | 27.5m | 32.4m | 35.4m | 35.3m | 41.6m |
Accounts Payable | 915.0k | 190.0k | 5.1m | 4.6m | 4.4m | 5.9m | (6.8m) | (5.5m) | (8.8m) |
Cash From Operating Activities | 1.8m | 10.3m | 17.4m | 33.0m | 43.8m | 35.3m | 67.5m | 90.3m | 115.5m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (54.7m) | (58.9m) | (8.1m) | (16.3m) | (24.0m) | (9.9m) | (18.6m) | (29.7m) | (15.8m) | (32.4m) | (46.7m) | (23.3m) | (46.5m) | (66.7m) | (18.2m) | (35.8m) | (48.2m) | (16.2m) | (37.5m) | (52.3m) | (16.2m) | (28.2m) | (30.7m) | (3.5m) | (12.3m) | (13.5m) | (13.8m) |
Depreciation and Amortization | 1.7m | 2.7m | 1.2m | 3.0m | 4.9m | 2.1m | 4.4m | 7.0m | 3.1m | 6.3m | 9.8m | 6.2m | 12.9m | 19.9m | 7.6m | 15.5m | 23.9m | 9.3m | 18.0m | 27.0m | 7.8m | 16.2m | 25.4m | 10.9m | 25.7m | 30.8m | 12.0m |
Accounts Payable | (184.0k) | 349.0k | 1.4m | 612.0k | 1.7m | 1.2m | 3.9m | 3.0m | 1.1m | 2.6m | 2.0m | (2.4m) | (1.7m) | (1.0m) | (6.3m) | (2.7m) | (4.9m) | (14.5m) | (10.7m) | (8.3m) | (7.6m) | (7.9m) | (6.3m) | (2.8m) | 1.6m | (6.0m) | 523.0k |
Cash From Operating Activities | (3.6m) | (3.0m) | 3.0m | (2.4m) | (3.8m) | 478.0k | (1.1m) | (2.1m) | 879.0k | (7.3m) | (11.4m) | (2.6m) | (15.3m) | (9.3m) | (14.9m) | (11.1m) | 1.7m | (7.2m) | (5.6m) | 15.9m | (4.6m) | 12.6m | 45.3m | 7.3m | 28.5m | 53.0m | 6.0m |
- Source: Company Filings
| USD | Y, 2020 |
|---|---|
EV/EBIT | -807 x |
EV/CFO | 369.1 x |
Financial Leverage | 5.1 x |
Cornerstone OnDemand Operating Metrics
Cornerstone OnDemand's Users was reported to be 33.5 m in Q3, 2017. Cornerstone OnDemand's Customers was reported to be 3.1 k in Q3, 2017.
| Q1, 2014 | Q2, 2014 | Q3, 2014 | Q4, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bookings | $49.70 m | $70.10 m | $82.10 m | $114.20 m | $316.10 m | $63.50 m | $91.30 m | $103.70 m | $142 m | $400.50 m | $83.70 m | |||||||
Users | 14.50 m | 15.50 m | 16.60 m | 18.10 m | 19.10 m | 20.50 m | 22.20 m | 23.80 m | 25 m | 26.30 m | 29.90 m | 29.90 m | 31 m | 32.10 m | 33.50 m | |||
Customers | 1.70 k | 1.80 k | 1.90 k | 2.10 k | 2.20 k | 2.30 k | 2.40 k | 2.60 k | 2.67 k | 2.73 k | 2.81 k | 2.92 k | 2.92 k | 3 k | 3.08 k | 3.15 k | ||
Countries | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 192 | 192 |
Cornerstone OnDemand Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Saba Software | February 25, 2020 | $1.40 b |
| Clustree | January 16, 2020 | $18.50 m |
| Evolv | October 07, 2014 | $44.50 m |
| Sonar6 | March 08, 2012 |
Cornerstone OnDemand Revenue Breakdown
Cornerstone OnDemand revenue breakdown by business segment: 32.3% from Subscription and 67.7% from Professional services
Cornerstone OnDemand Online and Social Media Presence
13.88k Twitter followers
Cornerstone OnDemand has 13.88k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.6% quarter over quarter
Cornerstone OnDemand's Trends
Twitter Engagement Stats for @cornerstoneinc
21.7k
Tweets
1.6k
Following
13.9k
Followers
300
Tweets last 30 days
24.3
Avg. likes per Tweet
78.7%
Tweets with engagement
Cornerstone OnDemand Company Culture
Overall Culture
A
80/100
CEO Rating
A+
84/100
Compensation
A-
81/100
Diversity
A-
80/100
Cornerstone OnDemand News and Updates
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 27, 2019
Alight to acquire Workday and Cornerstone OnDemand Business from Wipro
BANGALORE, India, and LINCOLNSHIRE, Ill., Feb. 27, 2019 /PRNewswire/ -- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and Alight Solutions, a leader in technology-enabled health, wealth and...
February 14, 2019
Global K-12 Talent Management Software Market 2019-2023: Cornerstone OnDemand, Halogen Software, PeopleAdmin, Ellucian, IBM, iCIMS, Infor Global Solutions, Oracle, SAP, SumTotal Systems, Workday et
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed. Posted via Industry Today. Follow us on Twitter @Indust…
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
March 30, 2020
Cornerstone + Banner Core Inbound Integration
Thank you! Cornerstone + Banner Core Inbound Integration - 2020 Update - Read-Only.pdf#ffffff
March 12, 2020
Ellucian Ethos Integration of Banner and Cornerstone Core Data
Thank you! 2020EthosIntegration.pdf#0047BA
March 11, 2020
Thanks for your feedback!
Thanks for your feedback!Thanks for your feedback! 2020-Performance-Management-Survey-Whitepaper.pdf#ffffff
March 10, 2020
The HCMG State Of Human Capital Management In Government Report 2020
Thank you! HCMGCornerstone2020Report15-FINAL.pdf#ffffff
February 24, 2020
Overcoming the Skills Crisis in Today’s Modern Workplace
Learning Suite1All Industries eb_Overcoming_Skills_Crisis_2020.pdfHow to use learning as the golden thread.
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 Heidi Spirgi, Jeff Lautenbach and Adam Miller.
How many employees does Cornerstone OnDemand have?
Cornerstone OnDemand has 2,000 employees.
What is Cornerstone OnDemand revenue?
Latest Cornerstone OnDemand annual revenue is $576.5 m.
What is Cornerstone OnDemand revenue per employee?
Latest Cornerstone OnDemand revenue per employee is $288.3 k.
Who are Cornerstone OnDemand competitors?
Competitors of Cornerstone OnDemand include Ceridian, CareerArc and HR Service.
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 25 other locations.
How many offices does Cornerstone OnDemand have?
Cornerstone OnDemand has 32 offices.
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