NetSuite is a vendor of cloud computing business management software suites. It enables companies of all sizes to manage all key business operations in a single, integrated system, which includes customer relationship management, order management and fulfillment, inventory management, finance, ecommerce and website management, as well as employee productivity.
TypeSubsidiary
Parent CompanyOracle
HQSan Mateo, US
Founded1998
Websitenetsuite.com
Netsuite was founded in 1998 and is headquartered in San Mateo, US
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Key People/Management at Netsuite

James Cronin

James Cronin

VP Engineering
Jim McGeever

Jim McGeever

EVP
Roman Bukary

Roman Bukary

VP Sales, Account Management
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Netsuite Office Locations

Netsuite has offices in Montevideo, Dreieich, Greater London, Makati and in 26 other locations
San Mateo, US (HQ)
2955 Campus Drive, Suite 250
Atlanta, US
5901 Peachtree Dunwoody Road NE Palisades A–Suite 125
Austin, US
12331-A Riata Trace Parkway Building 3, Suite 210
Boston, US
51 Melcher Street, 5th Floor
Centennial, US
8000 S. Chester Street Suite 100
Chicago, US
200 N. LaSalle Suite 2000
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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

Netsuite's revenue was reported to be $144.90 m in FY, 2016 which is a 80.4% decrease from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

414.5m556.3m741.1m144.9m

Revenue growth, %

34%33%(80%)

Cost of goods sold

135.2m176.8m245.4m

Gross profit

279.3m379.5m495.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

106.9m123.0m131.8m143.7m164.8m40.9m101.2m31.8m32.0m45.1m65.8m

Cost of goods sold

35.2m38.7m41.6m46.0m52.4m

Gross profit

71.7m84.3m90.2m97.7m112.5m

Gross profit Margin, %

67%69%68%68%68%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

104.3m141.4m185.9m451.6m367.8m290.0m6.5m

Accounts Receivable

35.8m

Inventories

Current Assets

599.2m673.0m655.1m46.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015

Cash

467.1m465.3m479.2m387.4m386.8m7.1m

Current Assets

580.1m610.1m630.2m609.9m671.5m175.6m

PP&E

43.0m50.0m51.8m54.1m66.0m

Goodwill

63.2m83.6m84.0m120.6m120.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(70.4m)(100.0m)(124.7m)(293.5m)

Depreciation and Amortization

15.7m20.1m30.4m

Inventories

Accounts Payable

1.7m(2.3m)(1.8m)(365.1k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(16.8m)(22.2m)(23.2m)(29.3m)(22.7m)(479.8m)(323.2m)(126.6m)(109.0m)(45.6m)16.9m

Accounts Payable

(4.5m)98.9m62.9m59.3m47.8m64.2m

Cash From Operating Activities

111.7m

Cash From Investing Activities

(188.2m)
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Netsuite Operating Metrics

FY, 2014FY, 2015Apr, 2018

Backlog

$352.20 m$413.50 m

Countries

100

Enterprise Customers

40 k
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Netsuite Acquisitions / Subsidiaries

Acquired CompanyDateDeal 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 Online and Social Media Presence

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Netsuite News and Updates

ERP Software Market 2018: Global Analysis by Key Players – SAP, Oracle, Sage, Infor, Epicor, Kronos, IBM, Netsuite

Wiseguyreports.Com Publish New Market Research Report On -“ERP Software Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

Global IT Spending in Food Delivery Market Key Players, Share, Status, Regions Analysis and Forecast to 2022 Leading IT Companies Like IBM, HP, Microsoft, Netsuite

Global IT Spending in Food Delivery market, a new research report that examines the current and futuristic growth of this market. This report offers a detailed study about the market which is tremendously propelling in the present market situation. The key driving factors like drivers, restraints an…

3 Ways low-code drives IT modernization

Low-code software solutions are fast to deploy, adaptable and scalable.

Different Ways Small Businesses Can Remain Competitive with IT

This article is published in collaboration with Scutify, where you can find real-time markets a
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Netsuite Blogs

The Self-Driving Cloud Database: Introducing Oracle Autonomous Transaction Processing Cloud Service

Here’s the problem: Executives greenlight a big project and developers are raring to work on it, but it takes days or weeks for IT to provision a database to get started. Or developers dive in, but use a cloud-based database that will never meet the functional, performance, and cost standards the co…

3 Reasons to Sign Up for Oracle OpenWorld This Week

Oracle OpenWorld and Oracle Code One may be 2.5 months away, but this week is the best week to register to attend. Why? Here are three reasons. 1. Savings—Early Bird ends Saturday Now is the best time to sign up for Oracle OpenWorld and Oracle Code One from a price perspective. From now until Augu…

Is Your ERP Cloud Provider Invested in Emerging Tech?

By Cara Vollmer, Oracle senior content strategist Cloud-enabled emerging technologies are changing the way companies operate and compete—and the finance function, specifically, is ripe for disruption. Finance teams spend 85% of their time on labor-intensive, manual tasks, leaving little time for in…

What's the Difference Between AI and Machine Learning?

By Peter Jeffcock, Oracle Big Data Product Marketing AI, machine learning, and deep learning—these terms overlap and are easily confused, so let’s start with some short definitions. AI means getting a computer to mimic human behavior in some way. Machine learning is a subset of AI, and it consist…

Get to the Bottom of Site Performance Issues

It's a familiar scenario: A person clicks a link to your business's website, types in the URL, or opens the mobile app—then the waiting begins. If it takes more than a few seconds for the website or app to load, chances are strong that the user will move on to the next activity. The result? You just…

What Java 10 and Java's New 6-Month Release Cadence Mean for Developers

Simplified Java coding. Less garbage. Faster programs. Those are among the key features in the newly released Java 10, which arrived in developers’ hands only six months after the debut of Java 9 in September. This pace is a significant change from Java’s previous cycle of one large release every t…
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Netsuite Company Life and Culture

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