OverviewSuggest Edit

Internap Corporation is a company that provides high-performance data center and cloud solutions. The Company offers high-density colocation, managed cloud hosting and powerful network services, as well as disaster recovery solutions to enable flexible and secure cloud-based business continuity. INAP serves healthcare, advertising technology, financial, technology infrastructure, gaming, and software industries.

TypePublic
Founded1996
HQReston, US
Websiteinap.com

Latest Updates

Employees (est.) (Dec 2018)640(+28%)
Job Openings16
Revenue (FY, 2019)$291.5 M(-8%)
Share Price (Apr 2020)$0

Key People/Management at Internap

Peter D. Aquino

Peter D. Aquino

Chairman & Chief Executive Officer, Director
Roberto Montesi

Roberto Montesi

Vice President of International Sales
Andrew Day

Andrew Day

COO
Richard P. Diegnan

Richard P. Diegnan

EVP, General Counsel & Corporate Secretary
John D. Filipowicz

John D. Filipowicz

Chief Administrative Officer, Chief Governance, Risk & Compliance Officer
Jennifer Curry

Jennifer Curry

Senior Vice President, Global Cloud Services
Show more

Internap Office Locations

Internap has offices in Reston, Atlanta, Bethel, Chicago and in 15 other locations
Reston, US (HQ)
12120 Sunset Hills Rd #330
Atlanta, US
250 Williams St NW Suite E-100
Atlanta, US
40 Perimeter Center E
Bethel, US
6 Berkshire Blvd
Chicago, US
350 E Cermak Rd
Elk Grove Village, US
1905 Lunt Ave
Show all (20)

Internap Financials and Metrics

Internap Revenue

Embed Graph
View revenue for all periods
Internap's revenue was reported to be $291.51 m in FY, 2019
USD

Revenue (FY, 2019)

291.5m

Gross profit (FY, 2019)

184.6m

Gross profit margin (FY, 2019), %

63.3%

Net income (FY, 2019)

(138.2m)

EBIT (FY, 2019)

(68.4m)

Market capitalization (8-Apr-2020)

2.3m

Closing stock price (8-Apr-2020)

0.0

Cash (31-Dec-2019)

11.6m

EV

675.5m
Internap's current market capitalization is $2.3 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

298.3m280.7m317.4m291.5m

Revenue growth, %

(6%)(6%)13%

Cost of goods sold

156.4m132.0m139.8m106.9m

Gross profit

141.9m148.7m177.6m184.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

72.1m69.6m68.9m74.2m82.0m83.0m73.6m73.1m72.9m

Cost of goods sold

36.3m32.6m31.2m32.4m36.8m36.9m34.5m34.7m35.6m

Gross profit

35.8m37.1m37.7m41.8m45.1m46.1m39.0m38.5m37.2m

Gross profit Margin, %

50%53%55%56%55%56%53%53%51%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

10.4m14.6m17.8m11.6m

Accounts Receivable

18.0m17.8m20.1m15.6m

Prepaid Expenses

10.1m8.7m7.4m7.4m

Current Assets

38.5m41.1m54.1m43.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

9.2m17.5m12.0m16.2m14.7m11.8m8.3m10.5m10.9m

Accounts Receivable

15.7m16.1m17.6m17.5m20.3m23.0m21.5m18.6m17.9m

Prepaid Expenses

10.3m11.2m9.0m8.7m9.7m9.5m7.9m7.8m7.6m

Current Assets

35.1m44.7m38.6m49.5m53.2m52.4m46.6m46.6m46.2m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(124.7m)(45.3m)(62.4m)(138.2m)

Depreciation and Amortization

76.9m75.0m90.7m85.7m

Accounts Payable

1.6m(1.2m)1.3m(3.1m)

Cash From Operating Activities

46.4m39.2m34.6m22.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(8.2m)(27.5m)(38.4m)(14.0m)(27.9m)(43.0m)(19.6m)(38.2m)(62.0m)

Depreciation and Amortization

17.7m36.7m57.6m21.1m43.7m67.1m22.2m44.1m65.7m

Accounts Payable

(2.2m)477.0k(3.5m)(636.0k)6.9m9.4m763.0k3.4m756.0k

Cash From Operating Activities

7.3m22.1m25.4m3.5m18.9m29.2m2.3m14.1m18.7m
USDY, 2019

EV/EBIT

-9.9 x

EV/CFO

29.8 x

Financial Leverage

-4.5 x
Show all financial metrics

Internap Operating Metrics

Internap's Customers was reported to be 10 k in FY, 2018.
FY, 2016Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Jan, 2020

Data Centers

49 46 50 56 57 56 53 53 52

Points of Presence

85 89 97 98 99 102 102

Customers

9 k7 k10 k

Data Center Properties, sq. ft.

951.03 k953.13 k1.04 m1.07 m1.10 m1.21 m1.21 m1.21 m1.20 m1.20 m
Show all operating metrics

Internap Acquisitions / Subsidiaries

Company NameDateDeal Size
Datagram LLC
Internap Connectivity LLC
Internap Japan Co.
Internap Network Services (Australia) Co. Pty. Ltd.
Internap Network Services B.V.
Internap Network Services Canada Co.
Internap Network Services (HK) Limited
Internap Network Services (Singapore) Pte Limited
Internap Network Services U.K. Limited
Internap Technologies (Bermuda) Limited
Show more

Internap Revenue Breakdown

Embed Graph

Internap revenue breakdown by business segment: 21.8% from INAP INTL and 78.2% from INAP US

Internap revenue breakdown by geographic segment: 12.0% from Canada , 79.6% from United States and 8.4% from Other Countries

Internap Online and Social Media Presence

Embed Graph

Internap Company Culture

  • Compensation

    A+

    100/100

Learn more on Comparably

Internap News and Updates

INAP Establishes Flagship Data Center in Phoenix Market

Signs New Lease in Chandler, AZ Facility Containing Anchor Tenant Bank of America

Internap Frequently Asked Questions

  • When was Internap founded?

    Internap was founded in 1996.

  • Who are Internap key executives?

    Internap's key executives are Peter D. Aquino, Roberto Montesi and Andrew Day.

  • How many employees does Internap have?

    Internap has 640 employees.

  • What is Internap revenue?

    Latest Internap annual revenue is $291.5 m.

  • What is Internap revenue per employee?

    Latest Internap revenue per employee is $455.5 k.

  • Who are Internap competitors?

    Competitors of Internap include CoreSite Realty, CyrusOne and Kaminario.

  • Where is Internap headquarters?

    Internap headquarters is located at 12120 Sunset Hills Rd #330, Reston.

  • Where are Internap offices?

    Internap has offices in Reston, Atlanta, Bethel, Chicago and in 15 other locations.

  • How many offices does Internap have?

    Internap has 20 offices.