Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution delivered as Software-as-a-Service (SaaS). The company enables organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Cornerstone currently empowers over 16.6 million users across 191 countries and in 42 languages.
Our 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. Our clients use our 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.
The company has more than 1,900 clients, including multi-national corporations, large domestic enterprises, mid-market companies, state and local public sector organizations, higher education institutions and non-profit entities. Clients include BJC HealthCare, Flextronics, Kelly Services, Pearson, Starwood Hotels & Resorts Worldwide, Teach for America and Virgin Media Limited, among many others. Cornerstone supports multiple client deployments of more than 150,000 users, including one client with more than 700,000 users.
Cornerstone is headquartered in Santa Monica, California, with offices in Auckland, Hong Kong, London, Mumbai, Munich, Madrid, Paris, Rome, Sydney and Tel Aviv.
Closing share price
|FY, 2010||FY, 2011||FY, 2012||FY, 2013||FY, 2014||FY, 2015|
|$43.7 M||$73 M||$118 M||$185 M||$264 M||$340 M|
|$132 M||$186 M||$230 M|
|$-34 M||$-49.9 M||$-68.7 M|
Operating expense total
|$166 M||$236 M||$298 M|
|$1.11 M||$902 K||$442 K||$6.56 M||$12.2 M||$12.5 M|
Income tax expense
|$137 K||$181 K||$-789 K||$-128 K||$855 K||$1.18 M|
|$-40.4 M||$-64.9 M||$-85.5 M|
Operating cash flow
|$33.1 M||$57 M||$-58.9 M|