Cornerstone OnDemand (CSOD) stock price, revenue, and financials

Cornerstone OnDemand market cap is $2.8 b, and annual revenue was $740.92 m in FY 2020

+0.62(+1.47%)

$2.8 B

CSOD Mkt cap, 07-May-2021

Cornerstone OnDemand Revenue Q1, 2021

Cornerstone OnDemand Gross profit (Q1, 2021)148.7 M

Cornerstone OnDemand Gross profit margin (Q1, 2021), %71.1%

Cornerstone OnDemand Net income (Q1, 2021)-12.5 M

Cornerstone OnDemand EBIT (Q1, 2021)9.1 M

Cornerstone OnDemand Cash, 31-Mar-2021128.9 M

Cornerstone OnDemand EV3.8 B

Cornerstone OnDemand revenue was $740.92 m in FY, 2020

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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

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Revenue	482.0m	537.9m	576.5m	740.9m
Revenue growth, %	14%	12%	7%
Cost of goods sold	142.9m	144.3m	149.2m	227.0m
Gross profit	339.1m	393.5m	427.3m	513.9m
Gross profit Margin, %	70%	73%	74%	69%
Sales and marketing expense	240.3m	224.6m	227.7m	265.5m
R&D expense	62.0m	77.0m	101.2m	112.9m
General and administrative expense	84.6m	90.7m	86.5m	110.6m
Operating expense total	388.4m	401.3m	415.4m	545.5m
EBIT	(49.3m)	(7.8m)	11.9m	(31.6m)
EBIT margin, %	(10%)	(1%)	2%	(4%)
Interest expense	14.8m	28.2m	21.6m
Interest income	3.0m	7.8m	8.2m
Pre tax profit	(59.6m)	(31.2m)	(1.4m)	(86.7m)
Income tax expense	1.7m	2.6m	2.7m	(46.8m)
Net Income	(61.3m)	(33.8m)	(4.1m)	(40.0m)
EPS	(1.1)	(0.6)	(0.1)

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%
Sales and marketing expense	59.2m	59.8m	53.2m	54.5m	58.7m	57.8m	55.3m	64.9m	71.9m	69.7m
R&D expense	16.0m	16.3m	19.7m	27.7m	24.3m	25.7m	24.1m	28.3m	29.7m	30.8m
General and administrative expense	22.0m	22.1m	23.1m	22.9m	22.2m	20.6m	24.7m	25.6m	28.9m	31.6m
Operating expense total	104.9m	99.2m	96.3m	105.2m	105.3m	104.1m	111.0m	148.7m	136.6m	139.7m
EBIT	(8.8m)	(3.1m)	1.6m	1.2m	(3.6m)	3.7m	(2.7m)	(22.4m)	(1.6m)	9.1m
EBIT margin, %	(7%)	(2%)	1%	1%	(3%)	3%	(2%)	(12%)	(1%)	4%
Interest expense	8.7m	8.8m	5.3m	5.4m	5.4m	5.4m	5.5m	18.2m	19.6m
Interest income	1.8m	2.7m	1.7m	2.0m	2.2m	2.1m	1.7m
Pre tax profit	(15.7m)	(11.5m)	(1.9m)	(2.7m)	(7.9m)	(626.0k)	(13.6m)	(41.1m)	(15.4m)	(14.6m)
Income tax expense	533.0k	536.0k	522.0k	722.0k	914.0k	591.0k	171.0k	(29.1m)	371.0k	(2.2m)
Net Income	(16.2m)	(12.0m)	(2.4m)	(3.5m)	(8.8m)	(1.2m)	(13.8m)	(12.0m)	(15.8m)	(12.5m)
EPS	(0.3)	(0.2)	0.0	(0.1)	(0.1)	0.0	(0.2)	(0.2)	(0.2)

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Cash	393.6m	183.6m	215.9m	153.2m
Accounts Receivable	154.4m	125.3m	131.1m	221.5m
Prepaid Expenses	21.8m	34.9m	30.5m	30.6m
Current Assets	782.1m	573.0m	612.3m	451.0m
PP&E	20.8m	77.3m	36.5m	32.3m
Goodwill	25.9m	47.5m	47.5m	961.3m
Total Assets	967.2m	807.2m	966.1m	2.1b
Accounts Payable	17.6m	11.9m	3.8m	1.4m
Short-term debt	248.0m		7.2m	20.9m
Current Liabilities	644.2m	400.4m	439.7m	597.7m
Long-term debt	285.2m	335.1m	360.4m	1.2b
Total Debt	533.2m	335.1m	367.6m	1.3b
Total Liabilities	945.1m	751.2m	807.6m	1.9b
Common Stock	6.0k	6.0k	6.0k	6.0k
Additional Paid-in Capital	537.0m	585.4m	682.7m	835.1m
Retained Earnings	(515.1m)	(530.0m)	(524.7m)	(564.7m)
Total Equity	22.1m	55.9m	158.5m	268.9m
Debt to Equity Ratio	24.1 x	6 x	2.3 x
Debt to Assets Ratio	0.6 x	0.4 x	0.4 x
Financial Leverage	43.7 x	14.4 x	6.1 x	7.9 x

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
PP&E	24.6m	25.9m	24.6m	33.1m	35.7m	37.7m	33.6m	38.6m	33.9m	28.0m
Goodwill	25.9m	25.9m	36.3m	47.5m	47.5m	47.5m	56.3m	961.6m	960.4m	961.6m
Total Assets	934.7m	949.1m	699.8m	818.7m	850.7m	868.7m	931.4m	2.1b	2.1b	2.0b
Accounts Payable	10.1m	9.7m	11.3m	9.2m	15.8m	6.9m	4.5m	20.0m	9.2m	5.1m
Short-term debt	250.5m	253.0m			11.2m	12.5m	8.8m	22.6m	27.3m	22.9m
Current Liabilities	602.3m	604.1m	343.2m	362.0m	376.7m	365.7m	383.1m	515.0m	513.3m	553.4m
Long-term debt	286.3m	287.0m	288.0m	368.9m	366.2m	362.4m	358.5m	1.3b	1.3b	1.1b
Total Debt	536.8m	540.0m	288.0m	368.9m	377.3m	374.9m	367.3m	1.3b	1.3b	1.2b
Total Liabilities	902.4m	904.9m	645.3m	743.2m	753.3m	737.7m	750.1m	1.8b	1.8b	1.7b
Common Stock	6.0k	6.0k	6.0k	6.0k	6.0k	6.0k	6.0k	6.0k	6.0k	7.0k
Additional Paid-in Capital	546.8m	568.2m	580.7m	608.2m	637.8m	661.9m	716.2m	788.2m	808.6m	861.0m
Retained Earnings	(512.3m)	(524.3m)	(526.8m)	(533.4m)	(542.2m)	(534.1m)	(538.5m)	(550.4m)	(566.2m)	(577.1m)
Total Equity	32.4m	44.2m	54.4m	75.6m	97.4m	131.0m	181.3m	241.5m	244.8m	282.6m
Debt to Equity Ratio	16.6 x	12.2 x	5.3 x	4.9 x	3.9 x	2.9 x	2 x	5.5 x	5.4 x
Debt to Assets Ratio	0.6 x	0.6 x	0.4 x	0.5 x	0.4 x	0.4 x	0.4 x	0.6 x	0.6 x
Financial Leverage	28.9 x	21.5 x	12.9 x	10.8 x	8.7 x	6.6 x	5.1 x	8.6 x	8.5 x	7 x

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Net Income	(61.3m)	(33.8m)	(4.1m)	(40.0m)
Depreciation and Amortization	35.4m	35.3m	41.6m	117.0m
Accounts Receivable	(14.3m)	27.2m	(5.6m)	(31.0m)
Accounts Payable	(6.8m)	(5.5m)	(8.8m)	(11.9m)
Cash From Operating Activities	67.5m	90.3m	115.5m	96.9m
Purchases of PP&E	(7.1m)	(14.9m)	(18.0m)	(5.8m)
Cash From Investing Activities	(36.7m)	(20.9m)	(97.7m)	(1.1b)
Long-term Borrowings		(253.0m)		(52.5m)
Cash From Financing Activities	276.9m	(278.0m)	14.8m	917.2m
Net Change in Cash	310.3m	(210.0m)	32.3m	(60.1m)
Interest Paid	3.8m	13.6m	17.4m	49.9m
Income Taxes Paid	2.2m	1.9m	1.7m	6.2m

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 Receivable	41.9m	43.1m	55.8m	33.0m	21.9m	23.9m	35.5m	21.3m	32.2m	81.4m
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
Purchases of PP&E	(2.6m)	(7.6m)	(10.2m)	(4.2m)	(9.3m)	(16.0m)	(971.0k)	(2.3m)	(2.9m)	(943.0k)
Cash From Investing Activities	32.1m	53.2m	(37.1m)	159.0m	174.3m	(30.8m)	224.8m	(1.1b)	(1.1b)	(8.7m)
Long-term Borrowings			(253.0m)							(102.5m)
Cash From Financing Activities	(8.1m)	(8.7m)	(264.4m)	6.8m	8.7m	14.1m	10.1m	961.9m	965.1m	(95.0m)
Net Change in Cash	19.8m	57.4m	(257.0m)	173.4m	211.5m	35.1m	240.2m	(74.3m)	(39.9m)	(24.4m)
Interest Paid	3.0m	5.0m	13.6m	8.7m	8.7m	17.4m	8.6m	8.7m	38.9m	19.0m
Income Taxes Paid	452.0k	874.0k	1.6m	390.0k	970.0k	1.5m	955.0k	2.5m	3.7m	2.7m

Cornerstone OnDemand's Users was reported to be 40 m in FY, 2019. Cornerstone OnDemand's Customers was reported to be 6 k in Q3, 2020.

	FY, 2017	Q1, 2018	Q2, 2018	Q3, 2018	FY, 2018	Q1, 2019	Q2, 2019	Q3, 2019	FY, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Users	35.3 m	36 m	36.7 m	38.5 m	40 m				40 m
Customers	3.25 k	3.28 k	3.36 k	3.43 k	3.54 k	3.5 k	3.6 k	3.64 k	3.6 k	3.6 k	6.3 k	6 k
Countries	192	192	192	192	192	190	190	180	187	187	180	180
Annual Recurring Revenue	$439 m				$473.05 m				$575 m
Billings	$525.82 m