Covisint provides an open, developer-friendly, enterprise-class cloud platform to facilitate the rapid development and deployment of Internet of Things (IoT), Identity Management (IdM), and v collaboration solutions. Our platform enables users to securely identify, authenticate and connect users, devices, applications and information, and has been successfully operating globally at enterprise scale for over 12 years. Today, the Covisint platform enables more than 3,000 organizations to connect with more than 212,000 business partners and customers, and supports more than $4 billion in eCommerce transactions annually.

Southfield, US
Size (employees)
338 (est)-11%
Covisint is headquartered in Southfield, US

Covisint Office Locations

Covisint has offices in Southfield, San Francisco, Neu-Isenburg, Staines-upon-Thames and in 1 other locations
Southfield, US (HQ)
500 26533 Evergreen Rd
Shanghai, CN
4th floor, Hong Qiao Center Building, Block 2, Lane 631, Jin Zhong Rd, Chang Ning District
Staines-upon-Thames, GB
London Road, Staines-Upon-Thames
Neu-Isenburg, DE
34 Dornhofstraße
San Francisco, US
600 121 2nd St

Covisint Metrics

Covisint Financial Metrics

Revenue (2016)

$76 m

Revenue growth (2015-16), %


Gross profit

$41.1 m

Gross profit margin (2016), %


Net income (2016)

($14.9 m)

Market capitalization (21-Mar-2017)

$77.6 m

Closing share price (21-Mar-2017)


Cash (31-Mar-2016)

$39.7 m
Covisint's current market capitalization is $77.6 m.
Covisint's revenue was reported to be $76 m in FY, 2016 which is a 14.1% decrease from the previous period.
FY, 2014FY, 2015FY, 2016


$97.1 m$88.5 m$76 m

Revenue growth, %


Cost of goods sold

$35 m

Gross profit

$40.8 m$22.1 m$41.1 m

Gross profit Margin, %


Operating expense total

$76.3 m$60.6 m$55.8 m


($35.6 m)($38.5 m)($14.7 m)

EBIT margin, %


Income tax expense

$189 k

Net Income

($35.7 m)($38.6 m)($14.9 m)
FY, 2014FY, 2015FY, 2016


$49.5 m$50.1 m$39.7 m

Accounts Receivable

$21.8 m$15.3 m$12.8 m


Current Assets

$81.2 m$72.8 m$56.3 m


$7.8 m


$25.4 m$25.4 m$25.4 m

Total Assets

$141.4 m$121.8 m$102 m

Accounts Payable

$3.9 m$7.7 m$5.1 m

Current Liabilities

$25.9 m$34 m$24.5 m

Additional Paid-in Capital

$140.6 m$157 m$162 m

Retained Earnings

($38.9 m)($75.6 m)($90.5 m)

Total Equity

$101.6 m$81.3 m$71.3 m

Financial Leverage

1.4 x1.5 x1.4 x
FY, 2014FY, 2015FY, 2016

Net Income

($14.9 m)

Depreciation and Amortization

$6.8 m

Accounts Receivable

$2.5 m


Accounts Payable

($4.2 m)

Cash From Operating Activities

$48.6 m$541 k($10.4 m)

Cash From Investing Activities

($8 m)

Cash From Financing Activities

$1.5 m

Covisint Market Value History

Covisint Median Salaries

Source: 43 public H-1B filings from Covisint

Covisint Online Presence

Covisint News

Covisint Company Life

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