NetSuite is a provider of cloud-based financials, enterprise resource planning (ERP), HR, and omni-channel commerce software. It enables companies of all sizes to manage key business operations in a single, integrated system, which includes customer relationship management, order management and fulfillment, inventory management, finance, e-commerce and website management, as well as employee productivity.

TypeSubsidiary
Parent CompanyOracle
HQRedwood City, US
Founded1998
Websitenetsuite.com
NetSuite was founded in 1998 and is headquartered in Redwood City, US

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Key People/Management at NetSuite

Evan Goldberg

Evan Goldberg

Executive Vice President, Oracle NetSuite Global Business Unit
Jason Maynard

Jason Maynard

Senior Vice President of Global Field Operations, Oracle NetSuite Global Business Unit
David Rodman

David Rodman

Senior Vice President of Customer Success, Oracle NetSuite Global Business Unit
Sam Levy

Sam Levy

Senior Vice President of Sales, Oracle NetSuite Global Business Unit
Gary Wiessinger

Gary Wiessinger

Senior Vice President of Product Management, Oracle NetSuite Global Business Unit
Nicky Tozer

Nicky Tozer

Vice President of EMEA, Oracle NetSuite Global Business Unit
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NetSuite Office Locations

NetSuite has offices in Redwood City, Atlanta, Austin, Burlington and in 37 other locations
Redwood City, US (HQ)
Oracle Building 500, 500 Oracle Pkwy
Atlanta, US
1 Glenlake Pkwy NE
Austin, US
2300 Cloud Way
Burlington, US
Oracle Building 10, 10 Van de Graaff Drive
Chicago, US
111 W Jackson Blvd #1000
Denver, US
7700 Technology Way Building 3
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NetSuite Financials and Metrics

Summary Metrics

In total, NetSuite had raised $157.8 m. NetSuite is a subsidiary of Oracle

NetSuite Revenue

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View revenue for all periods
NetSuite's revenue was reported to be $741.15 m in FY, 2015 which is a 33.2% increase from the previous period.
Annual
USDFY, 2014FY, 2015

Revenue

556.3m741.1m

Revenue growth, %

34%33%

Cost of goods sold

176.8m245.4m

Gross profit

379.5m495.7m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

164.8m177.3m192.8m216.6m230.8m243.9m

Cost of goods sold

52.4m59.1m66.1m71.9m84.1m88.5m

Gross profit

112.5m118.1m126.7m144.7m146.7m155.4m

Gross profit Margin, %

68%67%66%67%64%64%
Annual
USDFY, 2014FY, 2015

Cash

367.8m290.0m

Accounts Receivable

139.2m176.7m

Current Assets

673.0m655.1m

PP&E

58.5m89.6m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

386.8m298.6m281.6m309.2m317.5m379.2m

Accounts Receivable

122.4m138.1m156.8m162.8m177.1m168.3m

Current Assets

671.5m611.7m620.6m670.5m701.1m736.3m

PP&E

66.0m74.7m82.9m95.3m95.6m99.8m
Annual
USDFY, 2014FY, 2015

Net Income

(100.0m)(124.7m)

Depreciation and Amortization

20.1m30.4m

Accounts Payable

(2.3m)(1.8m)

Cash From Operating Activities

74.9m100.4m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(22.7m)(55.0m)(92.3m)(29.7m)(67.5m)(101.6m)

Depreciation and Amortization

6.5m13.4m21.6m8.9m19.2m30.1m

Accounts Payable

(865.0k)318.0k8.1m5.0k5.5m2.8m

Cash From Operating Activities

28.0m51.9m79.4m31.3m68.0m130.0m
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NetSuite Operating Metrics

FY, 2014FY, 2015Apr, 2018Jul, 2019Jan, 2020

Backlog

$352.20 m$413.50 m

Countries

100

Enterprise Customers

40 k18 k19 k
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NetSuite Acquisitions / Subsidiaries

Company NameDateDeal Size
iAutomationMay 05, 2016
IQity SolutionsMarch 04, 2016
Bronto Software IncApril 23, 2015$200 m
VendaJuly 17, 2014
TribeHROctober 22, 2013
OrderMotion IncMay 08, 2013
Retail Anywhere IncJanuary 10, 2013
OpenAir IncJune 02, 2008$26 m
Medicalmine
Monexa Solutions Inc.
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NetSuite Revenue Breakdown

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NetSuite revenue breakdown by business segment: 20.0% from Professional services and other and 80.0% from Subscription and support

NetSuite revenue breakdown by geographic segment: 25.4% from International and 74.6% from United States

NetSuite Online and Social Media Presence

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NetSuite News and Updates

Global Furniture Store POS Software Market Report 2019-2025 Top Key Players- GoFrugal POS, Ordorite, iVend Retail, NetSuite and more...

A new market study, titled “Global Furniture Store POS Software Market Size, Status and Forecast 2019-2025”, has been featured on WiseGuyReports. Posted via Industry Today. Follow us on Twitter @IndustryToday

NetSuite moves onto Oracle Cloud Infrastructure

The goal is to expand and improve service delivery from NetSuite globally.

The lawsuit against Oracle's Larry Ellison and Safra Catz lists some eye-popping allegations behind the $9.3 billion NetSuite deal (ORCL)

Oracle is in the middle of an interesting lawsuit in which its own board committee has given approval for a shareholder-initiated lawsuit to proceed on behalf of the company against its chairman Larry Ellison, CEO Safra Catz and other board members. The suit alleges that Oracle's directors greatl…

Digital Platforms 2019 Global Market Key Players – IBM, Oracle, NetSuite, Adobe Systems, Accenture, Magento, Cloudcraze Software, SAP – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Digital Platforms Market Size, Status and Forecast 2019-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

It-As-A-Service (Itaas) 2019 Global Market Key Players – Oracle, CA Technologies, NetSuite, AT&T, British Telecom, Emc2, HP, Dimension Data, ServiceNow, Microsoft......

It-As-A-Service (Itaas) – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Subscription and Billing Management Market Global Industry Analysis, Size, Share, Growth, Trends, Top key players Like SAP SE,Oracle Corporation, Netsuite, Computer Sciences Corporation and Forecasts 2018 to 2023

Subscription and Billing Management Market helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments Posted via Industry Today. Follow us on Twitter @IndustryToday
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NetSuite Blogs

Wholesale Distributors: NetSuite 2020 Release 1 Helps Optimize Operations by Bringing Efficiencies to the Warehouse Floor

Here's how distributors can optimize processes and reduce costly manual work with the latest features of NetSuite's 2020 Release 1.

Retailers: Accelerate Operations with Improved Item Management and Supply Chain Optimization Delivered in NetSuite’s 2020 Release 1

Check out the latest features of NetSuite’s 2020 Release 1 that allow retailers to directly connect all parts of the business, providing customers with a superior omnichannel experience. 

Manufacturers: NetSuite 2020 Release 1 Helps Increase Control and Visibility for Greater Supply Chain Management

Manufacturing has transformed from a somewhat simple, straightforward industry to a complex, complicated behemoth. It’s a struggle to stay abreast of the latest developments. For one, manufacturers can’t make a product alone and call it a day. With NetSuite's 2020 Release 1, see how manufacturers im…

Food and Beverage Companies: NetSuite 2020 Release 1 Simplifies Processes with Automation and Greater Visibility Capabilities

Food and Beverage (F&B) manufacturers are forever tied to the changing desires of consumers. Today, that translates to products containing local, natural ingredients for an increasingly health-conscious population. Here are the latest enhancements that supports the goals of both small and large …

NetSuite 2020 Release 1 Delivers Automation, Integration and Insight Enhancements that Will Enable Businesses to Grow

For 20 years, NetSuite has been delivering regular updates to the "suite", addressing needs from the customer base to the needs of particular roles in specific industries. Here's a sneak peek of NetSuite 2020 Release 1.

New Year’s Resolution: How About a new Approach to Budgeting and Planning?

Finally wrapped up your annual budget last holiday season? Now, prepare yourself for 2020 and take your budgeting and planning to the next level with these key takeaways.
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NetSuite Frequently Asked Questions

  • When was NetSuite founded?

    NetSuite was founded in 1998.

  • Who are NetSuite key executives?

    NetSuite's key executives are Evan Goldberg, Jason Maynard and David Rodman.

  • What is NetSuite revenue?

    Latest NetSuite annual revenue is $741.1 m.

  • Who are NetSuite competitors?

    Competitors of NetSuite include Aptean, Epicor Software and Infor.

  • Where is NetSuite headquarters?

    NetSuite headquarters is located at Oracle Building 500, 500 Oracle Pkwy, Redwood City.

  • Where are NetSuite offices?

    NetSuite has offices in Redwood City, Atlanta, Austin, Burlington and in 37 other locations.

  • How many offices does NetSuite have?

    NetSuite has 44 offices.