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, VA, US
Websiteinap.com

Latest Updates

Employees (est.) (Dec 2019)540(-15%)
Job Openings18
Revenue (FY, 2019)$291.5 M(-8%)
Share Price (Apr 2020)$0
Cybersecurity ratingFMore

Key People/Management at Internap

Michael T. Sicoli

Michael T. Sicoli

Director, President and Chief Executive Officer
Lisa Mayr

Lisa Mayr

Executive Vice President and Chief Financial Officer
Richard P. Diegnan

Richard P. Diegnan

Executive Vice President and General Counsel
Jennifer Curry

Jennifer Curry

Executive Vice President, Product & Technology
Mike Higgins

Mike Higgins

Senior Vice President, Data Center Services
Jackie Coats

Jackie Coats

Senior Vice President, Human Resources
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Internap Office Locations

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

Internap Financials and Metrics

Internap Revenue

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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
USDFY, 2016

Revenue/Employee

562.8k

Debt/Equity

-100.3 x

Debt/Assets

0.9 x

Financial Leverage

-115.6 x
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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

494650565756535352

Points of Presence

8589979899102102

Customers

9 k7 k10 k

Data Center Properties, sq. ft.

951.03 k953.13 k1.04 m1.07 m1.1 m1.21 m1.21 m1.21 m1.2 m1.2 m
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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
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Internap Revenue Breakdown

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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

F

55/100

SecurityScorecard logo

Internap Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Internap Online and Social Media Presence

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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 Blogs

GratITude: Keeping Customers Online In the Face of Disaster

The INAP GratITude Series highlights the hard-working members of our data center and IT teams in essential roles powering a connected world. Their dedication enables our thousands of global customers to successfully operate their businesses in good times and in times of immense challenge. In this Gr…

INAP: The Hybrid Infrastructure Company

INAP is a global provider of secure, performance-oriented hybrid infrastructure solutions. We bring together an interconnected ecosystem of enterprise cloud, data center and managed services on a single technology platform. “The Hybrid Infrastructure Company” that helps simplify your infrastructure …

IT Professionals Find Optimism Amidst COVID-19 Pandemic

INAP’s Senior Vice President, Product & Technology, Jennifer Curry, appeared as a guest on a recent episode of TechStrong TV, a web series produced by the editors of Devops.com and Digital Anarchist. Curry discusses INAP’s latest research about the pandemic’s impact on IT infrastructure strategi…

Internap Frequently Asked Questions

  • When was Internap founded?

    Internap was founded in 1996.

  • Who are Internap key executives?

    Internap's key executives are Michael T. Sicoli, Lisa Mayr and Richard P. Diegnan.

  • How many employees does Internap have?

    Internap has 540 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 $539.8 k.

  • Who are Internap competitors?

    Competitors of Internap include Switch, CoreSite and CyrusOne.

  • 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.