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.

TypePublic
Founded1999
HQSanta Monica, CA, US
Websitecornerstoneondemand.com
Employee Ratings3.7
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)2,000(+3%)
Job Openings55
Revenue (FY, 2020)$740.9 M(+29%)
Share Price (Apr 2021)$44.7(+3%)
Cybersecurity ratingBMore

Key People/Management at Cornerstone OnDemand

Phil Saunders

Phil Saunders

Chief Executive Officer, Director
Chirag Shah

Chirag Shah

SVP & General Manager, Growth Markets
Jeff Lautenbach

Jeff Lautenbach

President, Global Field Operations
Heidi Spirgi

Heidi Spirgi

Chief Marketing and Strategy Officer
Adam Miller

Adam Miller

Founder & Co-Chairman
Mike Bollinger

Mike Bollinger

VP, Strategic Initiatives, Cornerstone
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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
Show all (33)

Cornerstone OnDemand Financials and Metrics

Cornerstone OnDemand Revenue

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Cornerstone OnDemand's revenue was reported to be $740.92 m in FY, 2020
USD

Revenue (FY, 2020)

740.9m

Gross profit (FY, 2020)

513.9m

Gross profit margin (FY, 2020), %

69.4%

Net income (FY, 2020)

(40.0m)

EBIT (FY, 2020)

(31.6m)

Market capitalization (1-Apr-2021)

2.9b

Closing stock price (1-Apr-2021)

44.7

Cash (31-Dec-2020)

153.2m

EV

4.0b
Cornerstone OnDemand's current market capitalization is $2.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

482.0m537.9m576.5m740.9m

Revenue growth, %

14%12%7%

Cost of goods sold

142.9m144.3m149.2m227.0m

Gross profit

339.1m393.5m427.3m513.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

133.1m132.5m134.0m140.1m141.9m145.0m150.1m184.4m199.5m

Cost of goods sold

37.0m36.4m36.2m33.7m40.2m37.2m41.9m58.0m64.5m

Gross profit

96.1m96.2m97.8m106.4m101.7m107.8m108.2m126.4m135.0m

Gross profit Margin, %

72%73%73%76%72%74%72%69%68%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

393.6m183.6m215.9m153.2m

Accounts Receivable

154.4m125.3m131.1m221.5m

Prepaid Expenses

21.8m34.9m30.5m30.6m

Current Assets

782.1m573.0m612.3m451.0m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(61.3m)(33.8m)(4.1m)(40.0m)

Depreciation and Amortization

35.4m35.3m41.6m117.0m

Accounts Payable

(6.8m)(5.5m)(8.8m)(11.9m)

Cash From Operating Activities

67.5m90.3m115.5m96.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(16.2m)(28.2m)(30.7m)(3.5m)(12.3m)(13.5m)(13.8m)(25.8m)(41.5m)

Depreciation and Amortization

7.8m16.2m25.4m10.9m25.7m30.8m12.0m43.2m80.2m

Accounts Payable

(7.6m)(7.9m)(6.3m)(2.8m)1.6m(6.0m)523.0k3.8m(6.9m)

Cash From Operating Activities

(4.6m)12.6m45.3m7.3m28.5m53.0m6.0m28.8m61.9m
USDFY, 2017

Revenue/Employee

254.9k

Debt/Equity

24.1 x

Debt/Assets

0.6 x

Financial Leverage

43.7 x
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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.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Users

35.3 m36 m36.7 m38.5 m40 m40 m

Customers

3.25 k3.28 k3.36 k3.43 k3.54 k3.5 k3.6 k3.64 k3.6 k3.6 k6.3 k6 k

Countries

192192192192192190190180187187180180

Billings

$525.82 m
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Cornerstone OnDemand Acquisitions / Subsidiaries

Company NameDateDeal Size
Saba SoftwareFebruary 25, 2020$1.4 b
ClustreeJanuary 16, 2020$18.5 m
GrovoNovember 07, 2018
WorkpopSeptember 12, 2018
EvolvOctober 07, 2014$44.5 m
Sonar6March 08, 2012
Cornerstone OnDemand Europe Limited
Cornerstone OnDemand Global Operations, Inc.
Cornerstone OnDemand Holdings, Inc.
Cornerstone OnDemand International Limited
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Cornerstone OnDemand Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Cornerstone OnDemand Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cornerstone OnDemand Online and Social Media Presence

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Cornerstone OnDemand Company Culture

  • Overall Culture

    A-

    80/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A-

    81/100

  • Diversity

    B+

    79/100

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Cornerstone OnDemand News and Updates

$ 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,...

World Outlook for the School ERP Market to 2027, Featuring Cornerstone OnDemand, Inc., Jenzabar, Inc., Kronos, Inc., Workday, Inc and More

DUBLIN, Feb. 19, 2021 /PRNewswire/ -- The "School ERP - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for School ERP estimated at US$388.6 Million in the year 2020, is projected to reach a...

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…

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 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.

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
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Cornerstone OnDemand Blogs

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…

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…

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

Creating an Action Plan for Your Agency's Skills Gaps

Thank you! Creating-an-Action-Plan-for-Your-Agency's-Skills-Gaps.pdf#0047BA

People Work > Paperwork eBook

People Work > Paperwork eBook Thank you! People-Work-Paperwork-eBook.pdf#ffffff

People Work > Paperwork: Chapter 1

People Work > Paperwork: Chapter 1 Thank you! People-Work-Paperwork-eBook-Chapter1.pdf#ffffff
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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.