Netsuite was founded in 1998 and is headquartered in San Mateo, US
Key People at Netsuite
James Cronin
VP Engineering
Roman Bukary
VP Sales, Account Management
Netsuite Office Locations
Netsuite has offices in San Mateo, Austin, Centennial, Atlanta and in 7 other locations
San Mateo, US (HQ)
2955 Campus Drive, Suite 100
Mississauga, CA
CANADA Toronto (Main Office) 5800 Explorer Drive, Suite 100
Maidenhead, GB
1 Grenfell Road,
North Sydney, AU
Level 13, 100 Arthur Street
Oklahoma City, US
5400 N. Grand Blvd., Suite 515
Chicago, US
200 N. LaSalle Suite 2000
Netsuite Data and Metrics
Netsuite Summary
Founding Date | 1998 |
Netsuite is a subsidiary of Oracle Corporation
Netsuite Financial Metrics
Netsuite's revenue was reported to be $65.8 m in Q1, 2017
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 414.5 m | 556.3 m | 741.1 m | 144.9 m |
Revenue growth, % | 34% | 33% | (80%) | |
Cost of goods sold | 135.2 m | 176.8 m | 245.4 m | |
Gross profit | 279.3 m | 379.5 m | 495.7 m | |
Gross profit Margin, % | 67% | 68% | 67% | |
Operating expense total | 340.1 m | 462.8 m | 611.4 m | 374.2 m |
EBIT | (60.8 m) | (83.3 m) | (115.7 m) | (229.3 m) |
EBIT margin, % | (15%) | (15%) | (16%) | (158%) |
Interest expense | 8.4 m | 14.3 m | 14.7 m | |
Interest income | 67 k | 220 k | 458 k | |
Pre tax profit | (69.5 m) | (294.9 m) | ||
Income tax expense | 899 k | 2.2 m | (1.4 m) | |
Net Income | (70.4 m) | (100 m) | (124.7 m) | (293.5 m) |
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|
Revenue | 40.9 m | 101.2 m | 31.8 m | 32 m | 45.1 m | 65.8 m |
General and administrative expense | 3.6 m | |||||
Operating expense total | 3.6 m | |||||
EBIT | (302.5 m) | (307.2 m) | (109.4 m) | (92.9 m) | (29.5 m) | 33.2 m |
EBIT margin, % | (740%) | (304%) | (344%) | (290%) | (65%) | 51% |
Pre tax profit | (316.9 m) | (323.3 m) | (126.6 m) | (109 m) | (45.6 m) | 16.9 m |
Income tax expense | (66.9 m) | (77.5 k) | ||||
Net Income | (479.8 m) | (323.2 m) | (126.6 m) | (109 m) | (45.6 m) | 16.9 m |
| USD | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | Y, 2014 | Y, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|
Cash | 104.3 m | 141.4 m | 185.9 m | 451.6 m | 367.8 m | 290 m | 6.5 m |
Accounts Receivable | 35.8 m | ||||||
Current Assets | 599.2 m | 673 m | 655.1 m | 46.9 m | |||
PP&E | 48.2 m | 58.5 m | 89.6 m | ||||
Goodwill | 84.5 m | 123 m | 292 m | ||||
Total Assets | 772.4 m | 922.2 m | 1.1 b | 431.5 m | |||
Accounts Payable | 4.8 m | 5.1 m | 3.5 m | 56.1 m | |||
Current Liabilities | 279.6 m | 392.8 m | 519.1 m | 77.4 m | |||
Non-Current Liabilities | 282.8 m | 295.2 m | 315.7 m | ||||
Total Liabilities | 562.3 m | 688 m | 834.8 m | 919 m | |||
Additional Paid-in Capital | 658.7 m | 788.6 m | 992.4 m | 443.9 m | |||
Retained Earnings | (449.2 m) | (549.2 m) | (674 m) | (931.4 m) | |||
Total Equity | 210.1 m | 234.2 m | 306.2 m | ||||
Financial Leverage | 3.7 x | 3.9 x | 3.7 x |
| USD | Q2, 2015 |
|---|---|
Cash | 7.1 m |
Current Assets | 175.6 m |
Total Assets | 1.3 b |
Accounts Payable | 115.8 m |
Current Liabilities | 154.1 m |
Non-Current Liabilities | 890.9 m |
Additional Paid-in Capital | 436.1 m |
Retained Earnings | (142.3 m) |
Total Equity | 293.8 m |
Financial Leverage | 4.6 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (70.4 m) | (100 m) | (124.7 m) | (293.5 m) |
Depreciation and Amortization | 15.7 m | 20.1 m | 30.4 m | |
Accounts Receivable | (22 m) | (51 m) | (35 m) | 15.6 m |
Accounts Payable | 1.7 m | (2.3 m) | (1.8 m) | (365.1 k) |
Cash From Operating Activities | 62.2 m | 74.9 m | 100.4 m | 101.9 m |
Purchases of PP&E | (20.3 m) | (23.7 m) | (50.3 m) | |
Cash From Investing Activities | (81 m) | (157.3 m) | (181.1 m) | (91 m) |
Cash From Financing Activities | 285.6 m | (158 k) | 4.9 m | (7.8 m) |
Interest Paid | 60.5 m |
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|
Net Income | (479.8 m) | (323.2 m) | (126.6 m) | (109 m) | (45.6 m) | 16.9 m |
Accounts Receivable | 29.7 m | 40.6 m | 32.9 m | 33.9 m | ||
Accounts Payable | (4.5 m) | 98.9 m | 62.9 m | 59.3 m | 47.8 m | 64.2 m |
Cash From Operating Activities | 111.7 m | |||||
Cash From Investing Activities | (188.2 m) | |||||
Cash From Financing Activities | 74.2 m | |||||
Interest Paid | 24.1 m | |||||
Income Taxes Paid | 3.3 m |
Netsuite Operating Metrics
Netsuite Median Salaries
Source: 161 public H-1B filings from Netsuite
Traffic Overview of Netsuite
Netsuite Online and Social Media Presence
Netsuite News and Updates
November 07, 2016
Breakingviews: Larry Ellison’s Hardball Tactics Win NetSuite for Oracle
Fear that Oracle would back away led NetSuite shareholders to accept a $9.3 billion offer over the objections of a major investor, T. Rowe Price.
November 06, 2016
Oracle on Track to Acquire NetSuite, a Cloud Storage Company
The company said that holders of 53 percent of unaffiliated NetSuite shares agreed to tender their shares, and the deal will be completed on Monday.
November 05, 2016
Oracle Says NetSuite Acquisition Will Close Monday
Database giant says the $9.3 billion deal is done.
November 04, 2016
NetSuite Shares Are Volatile Ahead of Oracle Deal Deadline
Not all shareholders support the deal.
October 28, 2016
This NetSuite Shareholder Says Oracle Should Raise Its Bid
The deadline is coming up.