Ixia is a provider of physical and virtual network application performance and security resilience solutions. Application performance and security resilience allow network operators to ensure that their priority network functions are validated, secured, and optimized through the network life cycle. The Company's solutions help customers address three network goals: validate the network—test and confirm design in virtual and physical environments; optimize the network—enhance application performance and visibility across the network; secure the network—assess and monitor security threats in real-world scenarios. Ixia's  product solutions consist of its high-performance hardware platforms, software applications, and services, including warranty and maintenance offerings.

Company Growth (employees)
Type
Public
HQ
Calabasas, US
Founded
1997
Size (employees)
1,817 (est)+6%
Ixia was founded in 1997 and is headquartered in Calabasas, US

Ixia Office Locations

Ixia has an office in Calabasas
Calabasas, US (HQ)
26601 Agoura Rd

Ixia Data and Metrics

Ixia Financial Metrics

Ixia's revenue was reported to be $484.8 m in FY, 2016
USD

Revenue (FY, 2016)

484.8 m

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

(6%)

Net income (FY, 2016)

(33.9 m)

EBIT (FY, 2016)

18.4 m

Market capitalization (18-Apr-2017)

1.6 b

Cash (31-Dec-2016)

71.8 m
Ixia's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

467.3 m464.5 m516.9 m484.8 m

Revenue growth, %

(1%)11%(6%)

Sales and marketing expense

161.6 m

R&D expense

102.5 m

General and administrative expense

59 m

Operating expense total

441.1 m492.7 m477.4 m466.4 m

EBIT

12.3 m(44.4 m)23 m18.4 m

EBIT margin, %

3%(10%)4%4%

Interest expense

7.8 m8.3 m8.3 m1.9 m

Pre tax profit

10.8 m(52.7 m)14.3 m16.8 m

Income tax expense

(1.1 m)(11.1 m)8.4 m50.7 m

Net Income

11.9 m(41.6 m)6 m(33.9 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

113.7 m109.5 m114 m121 m131.6 m125.9 m112.7 m120.1 m123.9 m

Sales and marketing expense

38.8 m39.9 m35.6 m37.5 m38.4 m37.9 m39 m39 m40 m

R&D expense

30 m30 m27.6 m27.6 m27.8 m28.5 m27.5 m24.5 m25.6 m

General and administrative expense

17.9 m16.7 m14.7 m18.4 m17.4 m18.5 m15.9 m14 m15 m

Operating expense total

86.8 m86.6 m78 m83.5 m83.6 m84.9 m82.4 m77.4 m80.6 m

EBIT

(20.5 m)(18.6 m)(8.3 m)(2.4 m)8.8 m3.1 m(4.8 m)8.8 m6.8 m

EBIT margin, %

(18%)(17%)(7%)(2%)7%2%(4%)7%5%

Interest expense

(1.9 m)(1.9 m)(1.9 m)(2.1 m)(2.4 m)(2.3 m)(514 k)(470 k)(473 k)

Pre tax profit

(22.1 m)(20.3 m)(10.4 m)(5 m)6.6 m506 k(5 m)8.2 m6.6 m

Income tax expense

(2.6 m)(5.2 m)(3 m)4.6 m771 k(3.5 m)(2.3 m)6.7 m1.8 m

Net Income

(19.5 m)(15.1 m)(7.3 m)(9.6 m)5.8 m4 m(2.7 m)1.5 m4.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

34.2 m46.4 m52.5 m71.8 m

Accounts Receivable

109.6 m121.9 m103.4 m

Inventories

47.1 m44.8 m33.3 m28.7 m

Current Assets

284.5 m317.6 m266.6 m304.8 m

PP&E

35.9 m37.6 m36.5 m36.7 m

Goodwill

371.8 m338.9 m338.9 m338.9 m

Total Assets

894.5 m869.9 m779.9 m757.6 m

Accounts Payable

19 m16.9 m15.3 m9.7 m

Current Liabilities

162 m362.3 m196.9 m169.9 m

Total Liabilities

246 m

Additional Paid-in Capital

192 m206.9 m225.4 m243.4 m

Retained Earnings

129.2 m87.6 m93.5 m59.6 m

Total Equity

519 m511.5 m

Financial Leverage

1.5 x1.5 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

36.4 m39 m42.6 m72.1 m77.4 m75.8 m61.4 m60.6 m65.2 m

Inventories

43.9 m46 m46.5 m36.8 m37.3 m32.5 m31.2 m29.9 m27 m

Current Assets

292.7 m300.2 m311.4 m371.6 m397.2 m366.9 m249.7 m264 m287.3 m

PP&E

36.5 m37 m36.9 m38.4 m37.5 m36 m37.7 m37.6 m37.9 m

Goodwill

339.2 m339.2 m339.2 m338.9 m338.9 m338.9 m338.9 m338.9 m338.9 m

Total Assets

875.9 m871 m870.4 m910.9 m926 m883.4 m756.1 m756.5 m769.7 m

Accounts Payable

15.4 m18.9 m18.3 m12.2 m13 m12.2 m9.7 m11.4 m11.6 m

Current Liabilities

162.9 m166.5 m167.8 m368.3 m367.4 m312.7 m171.2 m163.9 m162.9 m

Additional Paid-in Capital

196.7 m199.1 m201.4 m211.9 m216.3 m221 m230.1 m233.1 m238.1 m

Retained Earnings

109.7 m94.6 m87.3 m78 m83.8 m87.8 m90.8 m92.4 m97.1 m

Total Equity

493.1 m504 m522.8 m525.4 m536.6 m

Financial Leverage

1.9 x1.8 x1.4 x1.4 x1.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

11.9 m(41.6 m)6 m(33.9 m)

Depreciation and Amortization

40.8 m46.9 m42.3 m39.1 m

Accounts Receivable

3.4 m10.1 m(22 m)18.5 m

Inventories

(11 m)(8 m)4.4 m(5.7 m)

Accounts Payable

3.2 m(2.4 m)(1.3 m)(5.8 m)

Cash From Operating Activities

86.5 m38.1 m98.8 m81.2 m

Purchases of PP&E

(12.1 m)(8.1 m)(8.4 m)(8.7 m)

Cash From Investing Activities

(121.7 m)(34.9 m)55.8 m(66.5 m)

Long-term Borrowings

(201.7 m)(3.5 m)

Cash From Financing Activities

21.9 m9.1 m(148.6 m)4.7 m

Interest Paid

6 m6 m7 m1.5 m

Income Taxes Paid

10.3 m(1.4 m)1.1 m12.3 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(19.5 m)(15.1 m)(7.3 m)(9.6 m)5.8 m4 m(2.7 m)1.5 m4.8 m

Depreciation and Amortization

12.6 m12.4 m10.9 m10.9 m10.9 m10.4 m10 m10 m9.6 m

Inventories

43.9 m46 m46.5 m36.8 m37.3 m32.5 m31.2 m29.9 m27 m

Accounts Payable

15.4 m18.9 m18.3 m12.2 m13 m12.2 m9.7 m11.4 m11.6 m
Y, 2016

Financial Leverage

1.5 x

Ixia Operating Metrics

Ixia's Customers was reported to be 2.6 k in FY, 2016, which is a 8% increase from the previous period. Ixia's Backlog was reported to be $15.1 m in FY, 2016, which is a 11% decrease from the previous period
FY, 2014FY, 2015FY, 2016

Customers

2.4 k2.4 k2.6 k

Backlog

$38.9 m$16.9 m$15.1 m

    Ixia Market Value History

    Ixia Revenue Breakdown

    Ixia Median Salaries

    Source: 115 public H-1B filings from Ixia

    Traffic Overview of Ixia

    Ixia Online and Social Media Presence

    Ixia News and Updates

    Network Testing Company Ixia Is Exploring a Potential Sale

    Its CEO says 35% of its business was tied to security.

    Ixia Company Life and Culture

    You may also be interested in