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.

Company Growth (employees)
Atlanta, US
Size (employees)
530 (est)
Internap was founded in 1996 and is headquartered in Atlanta, US

Key People at Internap

Peter Bell

Peter Bell

Senior Vice President, Global Sales
Michael Higgins

Michael Higgins

Senior Vice President, Data Center Services

Internap Office Locations

Internap has offices in Atlanta, Redondo Beach, Boston, New York and in 8 other locations
Atlanta, US (HQ)
One Ravinia Drive, Suite 1300
Chiyoda, JP
7th Floor Kanda Kaji-cho Chitose Bldg. 3-3-12 Kanda Kaji-cho
London, GB
10 Frith St
Singapore, SG
Cecil St
Montréal, CA
20 Place du Commerce
Seattle, US
140 4th Ave N

Internap Data and Metrics

Internap Financial Metrics

Internap's revenue was reported to be $298.3 m in FY, 2016 which is a 6% decrease from the previous period.

Revenue (FY, 2016)

298.3 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

(124.7 m)

EBIT (FY, 2016)

(93.1 m)

Market capitalization (17-Aug-2017)

362.6 m

Cash (31-Dec-2016)

10.4 m


636.3 m
Internap's current market capitalization is $362.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


283.3 m335 m318.3 m298.3 m

Revenue growth, %


Operating expense total

290.8 m349.3 m344.2 m391.4 m


(7.5 m)(14.3 m)(25.9 m)(93.1 m)

EBIT margin, %


Interest expense

11.3 m26.7 m27.6 m30.9 m

Income tax expense

(285 k)(1.4 m)(3.7 m)530 k

Net Income

(19.8 m)(39.5 m)(48.4 m)(124.7 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016


35 m20.1 m17.8 m10.4 m

Current Assets

81.8 m52.6 m50.7 m38.5 m


332 m342.1 m328.7 m302.7 m


130.4 m130.3 m130.3 m50.2 m

Total Assets

614.2 m591.8 m555.6 m430.6 m

Accounts Payable

29.8 m30.6 m22.6 m20.9 m

Total Debt

290.6 m289 m286.5 m284.2 m

Current Liabilities

61.9 m63.4 m54.4 m54.4 m

Total Liabilities

432 m441.4 m440.2 m434.3 m

Additional Paid-in Capital

1.3 b1.3 b1.3 b1.3 b

Retained Earnings

(1.1 b)(1.1 b)(1.2 b)(1.3 b)

Total Equity

182.2 m150.3 m114.4 m(3.7 m)

Debt to Equity Ratio

1.6 x1.9 x2.5 x-76.3 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.7 x

Financial Leverage

3.4 x3.9 x4.9 x-115.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

48.2 m75.3 m89.2 m76.9 m

Accounts Receivable

(5.8 m)2.9 m(2.2 m)1.5 m

Accounts Payable

4 m529 k(4.8 m)1.6 m

Purchases of PP&E

(62.8 m)(77.4 m)(55.7 m)(44.4 m)

Cash From Investing Activities

(208.1 m)(75.7 m)(57.2 m)(45.7 m)

Cash From Financing Activities

180.8 m7.9 m15.3 m(8.1 m)

Interest Paid

11.7 m25 m26.4 m29.6 m

Income Taxes Paid

344 k157 k
Y, 2016


-6.8 x


-76.3 x


0.7 x

Financial Leverage

-115.6 x

Internap Operating Metrics

Internap's Enterprise Customers was reported to be 3.6 k in May, 2017. Internap's Customers was reported to be 8.8 k in May, 2017
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016May, 2017


12.76 k12.6 k12.4 k12.29 k11.87 k11.5 k11.02 k10.58 k10.13 k9.65 k9.25 k8.87 k8.8 k

Data Centers


Patents (US)


Patents (foreign)


Trademarks (US)


Enterprise Customers

3.6 k

IP Service Points


Internap Market Value History

Internap Revenue Breakdown

Internap Median Salaries

Source: 12 public H-1B filings from Internap

Traffic Overview of Internap

Internap Online and Social Media Presence

Internap Company Life and Culture

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