OverviewSuggest Edit

LogMeIn is a provider of cloud-based remote connectivity, collaboration, and support solutions for individuals and businesses. Its products are focused on three business areas, including communications and collaboration services, identity and access management services, and customer engagement and support services. The company offers remote access and administration software, remote support web applications, network virtualization and VPN services, remote backup software, virtual meeting and online collaboration software, etc.

TypePublic
Founded2003
HQBoston, US
Websitelogmeininc.com
Employee Ratings3.7
Culture scoreA+

Latest Updates

Employees (est.) (Dec 2019)3,974
Job Openings55
Revenue (FY, 2019)$1.3 B(+5%)
Share Price (May 2020)$84.1

Key People/Management at LogMeIn

William Wagner

William Wagner

President and Chief Executive Officer, Director
Robert M. Calderoni

Robert M. Calderoni

Chairman of the Board
Sara C. Andrews

Sara C. Andrews

Director
Ed Herdiech

Ed Herdiech

CFO
Steven J. Benson

Steven J. Benson

Director
Ita Brennan

Ita Brennan

Director
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LogMeIn Office Locations

LogMeIn has offices in Boston, Fairfax, Jersey City, Raleigh and in 15 other locations
Boston, US (HQ)
320 Summer St
Fairfax, US
Fairfax, VA, USA
Jersey City, US
Jersey City, NJ, USA
Raleigh, US
Raleigh, NC, USA
San Francisco, US
27 Maiden Ln #700, San Francisco
Santa Barbara, US
Santa Barbara, CA, USA
Show all (19)

LogMeIn Financials and Metrics

LogMeIn Revenue

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LogMeIn's revenue was reported to be $1.26 b in FY, 2019
USD

Revenue (Q1, 2020)

322.4m

Gross profit (Q1, 2020)

237.5m

Gross profit margin (Q1, 2020), %

73.7%

Net income (Q1, 2020)

(11.3m)

EBIT (Q1, 2020)

(14.2m)

Market capitalization (22-May-2020)

4.1b

Closing stock price (22-May-2020)

84.1

Cash (31-Mar-2020)

189.6m

EV

4.2b
LogMeIn's current market capitalization is $4.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

336.1m989.8m1.2b1.3b

Revenue growth, %

24%195%22%

Cost of goods sold

45.5m203.2m281.5m323.7m

Gross profit

290.6m786.6m922.5m936.7m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

140.8m252.4m148.7m128.0m

Accounts Receivable

25.9m93.9m95.4m107.6m

Prepaid Expenses

5.7m52.5m83.9m89.4m

Current Assets

228.1m398.8m327.9m325.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

2.6m99.5m74.4m(14.6m)

Depreciation and Amortization

21.5m221.3m301.1m304.6m

Accounts Payable

6.1m(5.0m)11.1m17.5m

Cash From Operating Activities

92.3m316.2m404.0m360.8m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(1.1m)1.4m776.0k(18.6m)(3.7m)6.2m29.7m36.3m49.0m(9.0m)(15.6m)(10.5m)(11.3m)

Depreciation and Amortization

5.4m10.7m16.1m40.3m98.6m158.8m71.3m146.4m223.2m75.9m152.3m228.4m69.2m

Accounts Payable

1.7m2.5m4.7m3.9m11.2m10.2m9.6m11.5m13.6m9.3m15.5m21.5m(8.6m)

Cash From Operating Activities

38.0m64.0m84.1m105.9m192.8m283.3m154.0m257.2m330.9m119.7m203.4m286.4m88.0m
USDY, 2020

EV/EBIT

-298.1 x

EV/CFO

47.9 x

Financial Leverage

1.4 x
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LogMeIn Operating Metrics

FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017FY, 2018

Patents Issued

13 155 173 170

Patents Pending

11 150 107 30

Monthly Users (GoToMeeting & join.me)

20 m20 m20 m

Yearly Conference Calling Minutes

12 b12 b12 b
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LogMeIn Acquisitions / Subsidiaries

Company NameDateDeal Size
Jive CommunicationsFebruary 08, 2018$357 m
Bold360August 01, 2017$45 m
LastPassOctober 08, 2015$110 m
ZamuraiJune 04, 2015$6 m
MeldiumSeptember 04, 2014$15 m
Ionia CorporationMay 06, 2014
Bold SoftwareJanuary 09, 2012
XivelyJuly 20, 2011
GetGo Communications LLC
GetGo Communications Virginia LLC
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LogMeIn Revenue Breakdown

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LogMeIn revenue breakdown by business segment: 55.8% from Unified Communications and Collaboration, 29.4% from Identity and Access Management and 14.8% from Customer Engagement and Support

LogMeIn revenue breakdown by geographic segment: 77.5% from United States, 17.9% from International and 4.6% from Other

LogMeIn Online and Social Media Presence

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LogMeIn Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A+

    87/100

  • Diversity

    A

    81/100

Learn more on Comparably

LogMeIn News and Updates

The American Business Awards® Honors LogMeIn with Two 2020 Stevie Awards for Product Innovation and Executive Leadership

Bold360 Helpdesk selected as Best Technical Support Solution and Senior Vice President of Marketing Alison Durant Recognized as a Woman of the Year Bold360 Helpdesk selected as Best Technical Support Solution and Senior Vice President of Marketing Alison Durant Recognized as a Woman of the Year

Live And Interactive Digital Town Hall Technology Launched By CherryRoad, Utilizing Technology Provided By LogMeIn

MORRIS PLAINS, N.J., April 3, 2020 /PRNewswire/ -- CherryRoad Technologies Inc., a leading integrator of public sector software and digital technology solutions, today announced that, in conjunction with remote work software company LogMeIn's Unified Communications and Collaboration...

LogMeIn says usage of its remote-access tools jumped as much as 300% in past week

LogMeIn Inc. provided new usage statistics Thursday as the COVID-19 outbreak prompts more people to work from home and access remote tools. The company disclosed that use of remote-access tools including LogMeIn Pro and GoToMyPC rose as much as 300% in the past week while the company's unified-comm…

To combat COVID-19, LogMeIn offers free emergency remote work kits for healthcare providers

The social-distancing effort also applies to educational institutions, municipalities and nonprofit organizations.

LogMeIn Redefines the Future of Customer Engagement at CXNext 2020

Annual Event Sets Out to Reimagine and Unlock the Full Potential of CX Annual Event Sets Out to Reimagine and Unlock the Full Potential of CX

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against LogMeIn, Inc. (LOGM)

NEW YORK, Feb. 13, 2020 /PRNewswire/ -- Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No. 1:20-cv-00124-LPS on behalf of shareholders of LogMeIn, Inc. ("LogMeIn" or the "Company")...
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LogMeIn Frequently Asked Questions

  • When was LogMeIn founded?

    LogMeIn was founded in 2003.

  • Who are LogMeIn key executives?

    LogMeIn's key executives are William Wagner, Robert M. Calderoni and Sara C. Andrews.

  • How many employees does LogMeIn have?

    LogMeIn has 3,974 employees.

  • What is LogMeIn revenue?

    Latest LogMeIn annual revenue is $1.3 b.

  • What is LogMeIn revenue per employee?

    Latest LogMeIn revenue per employee is $317.2 k.

  • Who are LogMeIn competitors?

    Competitors of LogMeIn include TeamViewer, Continuum Managed Services and ConnectWise.

  • Where is LogMeIn headquarters?

    LogMeIn headquarters is located at 320 Summer St, Boston.

  • Where are LogMeIn offices?

    LogMeIn has offices in Boston, Fairfax, Jersey City, Raleigh and in 15 other locations.

  • How many offices does LogMeIn have?

    LogMeIn has 19 offices.