Internap Corporation is a technology provider of Internet infrastructure through both Colocation Business and Enterprise Services (including network connectivity, IP, bandwidth, and Managed Hosting), and Cloud Services (including enterprise-grade AgileCLOUD 2.0, Bare-Metal Servers, and SMB iWeb platforms). INAP’s global high-capacity network connects company-control data centers in major markets in North America, wholesale partnered facilities, and points of presence in central business districts around the world. The Company also provides high-power density colocation, low-latency bandwidth, and public and private cloud platforms in an expanding internet infrastructure industry.
TypePublic
HQReston, US
Founded1996
Size (employees)503 (est)
Websiteinternap.com
Internap was founded in 1996 and is headquartered in Reston, US
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Key People/Management at Internap

Peter D. Aquino

Peter D. Aquino

President, Chief Executive Officer and Board Member
James C. Keeley

James C. Keeley

CFO
Richard P. Diegnan

Richard P. Diegnan

Sr. Vice President, General Counsel and Corporate Secretary
Corey J. Needles

Corey J. Needles

Sr. Vice President and General Manager, INAP USA
Andrew Day

Andrew Day

Sr. Vice President and General Manager, INAP International
Mary Jane Horne

Mary Jane Horne

Sr. Vice President, Global Network Planning & Engineering
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Internap Office Locations

Internap has offices in Reston, Secaucus, London, Seattle and in 10 other locations
Reston, US (HQ)
12120 Sunset Hills Road, Suite 330
Boston, US
920 84 State St
Houston, US
1150 1301 Fannin St
New York, US
1701 370 7th Ave
Plano, US
1221 Coit Rd
Redondo Beach, US
120 3690 Redondo Beach Ave
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Internap Financials and Metrics

Internap Revenue

Internap's revenue was reported to be $280.72 m in FY, 2017 which is a 5.9% decrease from the previous period.
USD

Revenue (Q3, 2018)

83.0m

Net income (Q3, 2018)

(15.1m)

EBIT (Q3, 2018)

2.2m

Market capitalization (22-Jan-2019)

141.6m

Closing stock price (22-Jan-2019)

5.6

Cash (30-Sep-2018)

11.8m
Internap's current market capitalization is $141.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

283.3m335.0m318.3m298.3m280.7m

Revenue growth, %

18%(5%)(6%)(6%)

Cost of goods sold

132.0m

Gross profit

148.7m
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

68.9m74.2m156.2m83.0m

General and administrative expense

15.3m19.9m39.5m18.2m

Operating expense total

68.2m73.3m153.2m80.8m

Depreciation and amortization

20.9m21.1m43.7m23.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

35.0m20.1m17.8m10.4m14.6m

Accounts Receivable

17.8m

Current Assets

81.8m52.6m50.7m38.5m41.1m

PP&E

332.0m342.1m328.7m302.7m458.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(19.8m)(39.5m)(48.4m)(124.7m)(45.3m)

Depreciation and Amortization

48.2m75.3m89.2m76.9m75.0m

Accounts Payable

4.0m529.0k(4.8m)1.6m(1.2m)

Cash From Operating Activities

39.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(10.7m)(21.9m)(31.2m)(23.0m)(37.2m)(9.6m)(20.3m)(111.6m)(27.5m)(38.4m)(14.0m)(27.9m)(43.0m)

Depreciation and Amortization

18.9m38.4m59.3m42.8m67.4m19.1m38.3m57.9m36.7m57.6m21.1m43.7m67.1m

Accounts Payable

1.9m(3.2m)(2.6m)(8.2m)(7.7m)(1.8m)2.3m4.9m477.0k(3.5m)(636.0k)6.9m9.4m

Cash From Operating Activities

13.2m24.3m36.2m11.6m22.4m24.8m36.3m22.1m25.4m3.5m18.9m29.2m
USDY, 2018

Financial Leverage

-39.3 x
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Internap Operating Metrics

Internap's Customers was reported to be 7 k in FY, 2017.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016May, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Data Centers

52 52 52 52 52 52 52 52 50 50 50 49 50 46 50 56 57

Customers

12.76 k12.60 k12.40 k12.29 k11.87 k11.50 k11.02 k10.58 k10.13 k9.65 k9.25 k8.87 k8.80 k7 k

Patents (US)

18 18

Patents (Foreign)

5 5
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Internap Revenue Breakdown

Embed Graph

Internap revenue breakdown by business segment: 25.3% from INAP CLOUD and 74.7% from INAP COLO

Internap revenue breakdown by geographic segment: 7.5% from Canada , 91.1% from United States and 1.4% from Other

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Internap Online and Social Media Presence

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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
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Internap Company Life and Culture

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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, James C. Keeley and Richard P. Diegnan.

  • How many employees does Internap have?

    Internap has 503 employees.

  • What is Internap revenue?

    Latest Internap annual revenue is $280.7 m.

  • What is Internap revenue per employee?

    Latest Internap revenue per employee is $558.1 k.

  • Who are Internap competitors?

    Competitors of Internap include CyrusOne, CoreSite Realty and Digital Realty.

  • Where is Internap headquarters?

    Internap headquarters is located at 12120 Sunset Hills Road, Suite 330 , Reston.

  • Where are Internap offices?

    Internap has offices in Reston, Secaucus, London, Seattle and in 10 other locations.

  • How many offices does Internap have?

    Internap has 15 offices.