Mandiant

OverviewSuggest Edit

Mandiant (formerly known as FireEye) is a company providing cybersecurity solutions and services. Its key product is Mandiant Advantage platform, a multi-vendor XDR platform that delivers expertise and frontline intelligence to security teams. The company also offers managed detection and response MDR services to provide nights and weekends coverage, managed endpoint security, and managed security for industry control systems and operational technology environments using its detection and response technologies. Besides, Mandiant delivers consulting services in the areas of threats and risk related to cyber security.

TypePublic
Founded2004
HQReston, VA, US
Websitemandiant.com
Employee Ratings3.9
Overall CultureB

Latest Updates

Employees (est.) (Dec 2021)2,335(-31%)
Job Openings433
Revenue (FY, 2021)$483.5 M(-48%)
Share Price (Jun 2022)$21.9
Cybersecurity ratingAMore
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Key People/Management at Mandiant

Kevin Mandia

Kevin Mandia

Chief Executive Officer and Board Director
John Watters

John Watters

President and Chief Operating Officer
Peter Bailey

Peter Bailey

EVP, Mandiant Solutions
Dave Baumgartner

Dave Baumgartner

EVP, Security, Technology & Managed Solutions
Marshall Heilman

Marshall Heilman

Chief Technology Officer
Sandra Joyce

Sandra Joyce

EVP, Global Intelligence and Advanced Practices
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Mandiant Office Locations

Mandiant has an office in Reston
Reston, VA, US (HQ)
11955 Freedom Dr
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Mandiant Financials and Metrics

Mandiant Revenue

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Mandiant's revenue was reported to be $483.46 m in FY, 2021
USD

Revenue (FY, 2021)

483.5m

Gross profit (FY, 2021)

229.1m

Gross profit margin (FY, 2021), %

47.4%

Net income (FY, 2021)

916.1m

EBIT (FY, 2021)

(356.2m)

Market capitalization (24-Jun-2022)

5.2b

Closing stock price (24-Jun-2022)

21.9

Cash (31-Dec-2021)

1.2b

EV

5.1b
Mandiant's current market capitalization is $5.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

889.2m940.6m483.5m

Revenue growth, %

7%6%

Cost of goods sold

308.9m334.0m254.4m

Gross profit

580.3m606.6m229.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

210.5m217.6m225.9m224.7m229.9m238.5m246.3m113.9m122.0m

Cost of goods sold

71.6m77.4m79.2m81.6m81.0m84.4m84.6m63.5m65.1m

Gross profit

139.0m140.2m146.7m143.1m148.9m154.1m161.8m50.4m56.9m

Gross profit Margin, %

66%64%65%64%65%65%66%44%47%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

334.6m676.5m1.2b

Accounts Receivable

171.5m153.6m146.5m

Prepaid Expenses

96.8m103.4m73.1m

Inventories

5.9m4.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

406.1m331.9m297.2m283.9m404.3m314.3m517.0m387.3m384.7m

Accounts Receivable

111.1m127.5m153.9m140.2m119.8m133.9m109.2m77.3m67.6m

Prepaid Expenses

97.0m98.7m97.6m98.3m94.7m97.2m103.0m40.6m44.3m

Inventories

6.6m6.1m6.0m7.2m5.4m5.4m5.4m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(257.4m)(207.3m)916.1m

Depreciation and Amortization

103.3m96.4m94.7m

Inventories

51.0k3.3m

Accounts Payable

4.7m(18.9m)13.1m
Quarterly
USDQ1, 2016Q3, 2016Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(155.9m)(418.6m)(75.4m)(142.7m)(208.2m)(76.3m)(129.6m)(168.7m)(50.6m)(115.3m)(183.6m)

Depreciation and Amortization

30.5m90.9m23.8m48.1m76.2m24.2m47.7m71.2m27.6m46.6m67.4m

Inventories

2.3m3.0m(395.0k)(243.0k)29.0k(935.0k)(15.0k)1.6m(234.0k)

Accounts Payable

(3.4m)(11.6m)6.8m4.4m2.1m1.7m(13.0m)(17.3m)8.1m4.3m8.7m
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Mandiant Operating Metrics

Mandiant's Customers was reported to be 9.9 k in FY, 2021.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021

Billings

$99.19 m$113.78 m$165.13 m$590.69 m$151.59 m$178.33 m$210.59 m$797.42 m$185.96 m$196.41 m$215.38 m$819.55 m$152.41 m$172.02 m$201.68 m$768.31 m$175.11 k$196.12 m$219.25 k$855.68 m$181.91 m$221.42 m$248.57 m$926.14 m$170.01 m$202.89 m$239.23 m$200.59 m$130.95 m$139.32 m$956.46 m

Customers

2 k2.5 k2.75 k3.1 k3.5 k3.8 k4.05 k4.4 k4.7 k5 k5.3 k5.6 k6.6 k7.7 k8.8 k9.9 k

Mandiant Acquisitions / Subsidiaries

Company NameDateDeal Size
Intrigue CorpAugust 30, 2021
Respond Software, Inc.November 20, 2020$186 m
Cloudvisory LLCJanuary 17, 2020$13.5 m
Verodin, Inc.May 29, 2019$250 m
X15 Software IncJanuary 11, 2018$5.3 m
Clean Communications LimitedOctober 30, 2017$4.3 m
Invotas Cyber SolutionsFebruary 02, 2016
iSIGHT Partners FederalJanuary 20, 2016$200 m
nPulse Technologies, IncMay 06, 2014$70 m
Mandiant Ltd.January 02, 2014$1 b
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Mandiant Revenue Breakdown

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Mandiant revenue breakdown by business segment: 51.4% from Professional services and 48.6% from Platform, Cloud Subscription and Managed Services

Mandiant revenue breakdown by geographic segment: 68.5% from United States, 13.7% from EMEA, 10.2% from APAC and 7.5% from Other

Human Capital Metrics

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Mandiant Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Mandiant Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Mandiant Online and Social Media Presence

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Mandiant Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    A-

    77/100

  • Compensation

    B-

    71/100

  • Diversity

    B-

    71/100

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Mandiant News and Updates

SnapAttack and Mandiant Partner to Integrate Intelligence, Adversary Emulation and Threat Detection Offerings to Protect Global Organizations Against Cyber Threats

WASHINGTON and RESTON, Va., June 2, 2022 /PRNewswire/ -- SnapAttack, the novel continuous purple team and threat hunting platform, and Mandiant today announced a strategic partnership to integrate Mandiant's adversary intelligence along with SnapAttack's adversary emulation and no-code...

Wohl & Fruchter LLP Notice: Class Action Lawsuit Filed on Behalf of Shareholders of Mandiant, Inc. in the U.S. District Court for the Eastern District of Virginia

MONSEY, N.Y., May 25, 2022 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on May 10, 2022, it filed a class action lawsuit in the United States District Court for the Eastern District of Virginia (“Court”), captioned White v. Mandiant, Inc. et al., Case No. 1:22-cv-00515, on behalf of …

Ransomware targeting virtualization platforms is on the rise, Mandiant says

In its M-Trends 2022 report, Mandiant says that ransomware attacks against virtualization infrastructure has been increasing significantly.

Google to Acquire Mandiant

Mandiant, Inc. (NASDAQ: MNDT) today announced that it has entered into a definitive agreement to be acquired by Google LLC for $23.00 per share in an all-cash transaction valued at approximately $5.4 billion, inclusive of Mandiant’s net cash. The offer price represents a 57% premium to the undisturb…

Mandiant Deepens Commitment to Public Sector, Achieves FedRAMP Ready Designation at the High Impact Level

Mandiant, Inc. (NASDAQ: MNDT) today announced that it has earned Federal Risk and Authorization Management Program (FedRAMP) Ready designation at the High Impact level for Mandiant Advantage Automated Defense. In achieving this designation, Mandiant enables federal agencies to leverage its acceler…
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Mandiant Blogs

‘Tis The Season for Holiday Cyber Threats Targeting Enterprises in a Pandemic World

The holiday season is upon us, and many are preparing to celebrate with family and friends both near and far. While we tend to look at consumer tendencies during the holidays, the season also presents a significant challenge to industries coping with the increase in consumer demands. McAfee …

Who Will Bend the Knee in RaaS Game of Thrones in 2022

McAfee Enterprise and FireEye recently released its 2022 Threat Predictions. In this blog, we take a deeper dive into a Game of Thrones power struggle among Ransomware-as-a-Service bad actors in 2022. Prediction: Self-reliant cybercrime groups will shift the balance of power within …

Nation States Will Weaponize Social and Recruit Bad Guys with Benefits in 2022

McAfee Enterprise and FireEye recently released its 2022 Threat Predictions. In this blog, we take a deeper dive into the continuingly aggressive role Nation States will play in 2022. Prediction: Lazarus Wants to Add You as a Friend By Raj Samani We love our social media. From bee…

McAfee Enterprise and FireEye 2022 Threat Predictions

What cyber security threats should enterprises look out for in 2022? Ransomware, nation states, social media and the shifting reliance on a remote workforce made headlines in 2021. Bad actors will learn from this year’s successful tactics, retool, and pivot them into next year’s campaigns wie…

ELFant in the Room – capa v3

Since our initial public release of capa, incident responders and reverse engineers have used the tool to automatically identify capabilities in Windows executables. With our newest code and ruleset updates, capa v3 also identifies capabilities in Executable and Linkable Format (ELF) files…

Mandiant Frequently Asked Questions

  • When was Mandiant founded?

    Mandiant was founded in 2004.

  • Who are Mandiant key executives?

    Mandiant's key executives are Kevin Mandia, John Watters and Peter Bailey.

  • How many employees does Mandiant have?

    Mandiant has 2,335 employees.

  • What is Mandiant revenue?

    Latest Mandiant annual revenue is $483.5 m.

  • What is Mandiant revenue per employee?

    Latest Mandiant revenue per employee is $207 k.

  • Who are Mandiant competitors?

    Competitors of Mandiant include Rapid7, Proofpoint and Arctic Wolf.

  • Where is Mandiant headquarters?

    Mandiant headquarters is located at 11955 Freedom Dr, Reston.

  • Where are Mandiant offices?

    Mandiant has an office in Reston.

  • How many offices does Mandiant have?

    Mandiant has 1 office.