CyberArk Software

OverviewSuggest Edit

CyberArk Software is a developer of software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. Its solutions proactively protect credentials, isolate and monitor sessions, detect and respond to privileged threats, provide secrets management for commercial off the shelf applications and applications built using DevOps methodologies, and enforce privileged access security on the endpoint. The company offers its products to financial services, manufacturing, insurance, healthcare, energy and utilities, and other industries.
TypePublic
Founded1999
HQPetach-Tikva, IL
Websitecyberark.com
Employee Ratings4.3
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)1,689(+23%)
Job Openings178
Revenue (FY, 2021)$502.9 M(+9%)
Share Price (May 2022)$146.2(+7%)
Cybersecurity ratingAMore
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Key People/Management at CyberArk Software

Udi Mokady

Udi Mokady

Founder, Chairman and Chief Executive Officer
Chen Bitan

Chen Bitan

General Manager Israel, Chief Product Officer
Josh Siegel

Josh Siegel

Chief Financial Officer
Matt Cohen

Matt Cohen

Chief Operating Officer
Vincent Goh

Vincent Goh

Senior Vice President Sales, Asia Pacific & Japan
Rich Turner

Rich Turner

Senior Vice President Sales, EMEA
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CyberArk Software Office Locations

CyberArk Software has offices in Petach-Tikva, Newton, Atlanta, Chicago and in 18 other locations
Petach-Tikva, IL (HQ)
9 Hapsagot St. ,Park Ofer 2
Sydney, AU
55 Clarence St
Toronto, CA
TD Canada Trust Tower, 161 Bay St 27th Floor
Ballerup, DK
Lautruphøj 5, 7
Courbevoie, FR
110 Espl. du Général de Gaulle
Düsseldorf, DE
24 Kennedydamm
Show all (22)

CyberArk Software Financials and Metrics

CyberArk Software Revenue

CyberArk Software's revenue was reported to be $502.92 m in FY, 2021
USD

Revenue (FY, 2021)

502.9m

Gross profit (FY, 2021)

423.8m

Net income (FY, 2021)

(83.9m)

EBITDA (FY, 2021)

(64.1m)

EBIT (FY, 2021)

(78.3m)

Market capitalization (27-May-2022)

5.8b

Closing stock price (27-May-2022)

146.2

Cash (31-Dec-2021)

356.9m

EV

6.0b
CyberArk Software's current market capitalization is $5.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

343.2m433.9m464.4m502.9m

Cost of goods sold

(39.2m)(52.0m)(67.1m)(79.1m)

Gross profit

304.0m381.9m397.3m423.8m

R&D expense

(57.1m)(72.5m)(95.4m)(142.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

95.9m100.2m108.1m106.8m106.5m106.6m112.8m117.2m121.6m

Cost of goods sold

(10.9m)(12.6m)(14.6m)(14.7m)(16.1m)(18.5m)(17.7m)(19.9m)(20.0m)

Gross profit

85.0m87.6m93.6m92.1m90.4m88.0m95.0m97.3m101.6m

R&D expense

(16.3m)(17.0m)(18.3m)(21.3m)(22.9m)(24.6m)(29.7m)(33.6m)(38.0m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

260.6m792.4m500.0m356.9m

Accounts Receivable

48.4m73.0m93.1m113.2m

Prepaid Expenses

2.9m5.0m7.3m15.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

301.9m341.7m346.1m812.7m551.7m507.1m515.2m426.8m435.8m

Accounts Receivable

34.5m45.3m55.5m52.0m60.1m63.3m66.7m76.0m81.4m

Prepaid Expenses

9.8m10.9m9.8m11.9m13.8m14.8m21.0m22.4m21.3m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

47.1m63.1m(5.8m)(83.9m)

Depreciation and Amortization

10.1m10.6m15.5m14.2m

Accounts Payable

2.0m8.2m(8.5m)(4.6m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

13.7m27.1m42.3m2.4m(1.9m)(17.8m)(15.2m)(38.0m)(67.1m)

Depreciation and Amortization

2.8m5.6m8.1m2.5m6.9m11.0m3.4m6.9m10.5m

Accounts Payable

871.0k(123.0k)(501.0k)421.0k477.0k(1.5m)(1.8m)(616.0k)1.6m
USDFY, 2018

Revenue/Employee

299.5k
Show all financial metrics

CyberArk Software Operating Metrics

CyberArk Software's Customers was reported to be 6.6 k in FY, 2020.
FY, 2014FY, 2015FY, 2016Nov, 2017FY, 2017FY, 2018FY, 2019FY, 2020

Customers

1.8 k2.5 k3.1 k3.4 k3.65 k4.45 k5.3 k6.6 k

Patents (US)

23514343384

Patents (Foreign)

12353737

Patent Applications

30312942619584

CyberArk Software Acquisitions / Subsidiaries

Company NameDateDeal Size
IdaptiveMay 12, 2020$68.6 m
VaultiveMarch 12, 2018$18.47 m
ConjurMay 11, 2017$41.71 m
ViewfinityOctober 07, 2015$30.5 m
Agata SolutionsSeptember 01, 2015$3.11 m
CybertinelAugust 12, 2015$20.52 m
CyberArk Software (Australia) Pty Ltd.
CyberArk Software Canada Inc.
CyberArk Software (DACH) GmbH
CyberArk Software (France) SARL
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CyberArk Software Revenue Breakdown

Embed Graph

CyberArk Software revenue breakdown by business segment: 50.2% from MAINTENANCE AND PROFESSIONAL SERVICES, 26.8% from SUBCRIPTION and 23.0% from PERPETUAL LICENSE

Human Capital Metrics

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CyberArk Software Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

CyberArk Software Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

CyberArk Software Online and Social Media Presence

Embed Graph

CyberArk Software Company Culture

  • Overall Culture

    A

    79/100

  • CEO Rating

    A+

    97/100

  • Compensation

    A

    82/100

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CyberArk Software News and Updates

CyberArk Named an Overall Privileged Access Management Leader by KuppingerCole Analysts in 2021 Leadership Compass Report

CyberArk (NASDAQ: CYBR) today announced it was named an Overall Privileged Access Management Leader for the sixth year in a row in the KuppingerCole Analysts 2021 “Leadership Compass: Privileged Access Management”1 report

CyberArk Named a Leader in Identity-As-A-Service for Enterprise Report by Independent Research Firm

CyberArk (NASDAQ: CYBR) today announced it was named a Leader in “The Forrester Wave™: Identity-As-A-Service (IDaaS) For Enterprise, Q3 2021.”1 CyberArk received the highest possible score in criteria such as product vision, innovation roadmap, user authentication, secure access, user experience and…

CyberArk Announces Strong Second Quarter 2021 Results

CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced strong financial results for the second quarter ended June 30, 2021

CyberArk Software Blogs

RPA and the Speed vs. Security Balancing Act

Robotic process automation, or RPA for short, is one of those hefty technical terms that can be tough to explain without a lot of jargon. But at the highest level, RPA is all about using...

6 Best Practices for Securing Employee Workstations Everywhere

The future of work is “less about a place and more about people’s potential,” notes a recent Accenture study, which found that 63% of high-growth companies have already adopted “productivity anywhere.” Organizations around the world...

CyberArk Ventures: Bringing Security-First Innovators Together to Amplify Impact

Security is our north star at CyberArk. It guides every step we take as a company, from pioneering the Privileged Access Management space to delivering on our Identity Security vision today. Our continued focus on...

4 Extraordinary Women in Identity Security Named to CRN’s 2022 Women of the Channel List

Each year, CRN’s Women of the Channel list honors the accomplishments of female leaders in the IT channel. Today, we celebrate four of CyberArk’s own incredible Women in Identity Security named to CRN’s newly published...

CISOs Are Having a Moment. Here’s How to Make It Last

The landmark Sarbanes-Oxley Act of 2002 (SOX) was passed during a highly tumultuous era, overhauling corporate governance and bringing financial expertise to the boardroom. Fast-forward to present day, and uncertainty is again the prevailing economic...

You’ve Got Privileged Access Management… But Can You Keep Secrets Secure?

Threat actors don’t often need to execute the latest zero-day exploit or fight through firewalls to launch their attacks. Instead, they simply walk through the front door with stolen user credentials and take over legitimate...
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CyberArk Software Frequently Asked Questions

  • When was CyberArk Software founded?

    CyberArk Software was founded in 1999.

  • Who are CyberArk Software key executives?

    CyberArk Software's key executives are Udi Mokady, Chen Bitan and Josh Siegel.

  • How many employees does CyberArk Software have?

    CyberArk Software has 1,689 employees.

  • What is CyberArk Software revenue?

    Latest CyberArk Software annual revenue is $502.9 m.

  • What is CyberArk Software revenue per employee?

    Latest CyberArk Software revenue per employee is $297.8 k.

  • Who are CyberArk Software competitors?

    Competitors of CyberArk Software include Tufin, Okta and NortonLifeLock.

  • Where is CyberArk Software headquarters?

    CyberArk Software headquarters is located at 9 Hapsagot St. ,Park Ofer 2, Petach-Tikva.

  • Where are CyberArk Software offices?

    CyberArk Software has offices in Petach-Tikva, Newton, Atlanta, Chicago and in 18 other locations.

  • How many offices does CyberArk Software have?

    CyberArk Software has 22 offices.