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
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Netsuite Office Locations

Netsuite has offices in San Mateo, Durham, Oklahoma City, New York and in 27 other locations
San Mateo, US (HQ)
2955 Campus Dr #250
Atlanta, US
5901 Peachtree Dunwoody Rd C
Austin, US
12331 Riata Trace Pkwy Building 3, Suite 210
Boston, US
51 Melcher St 5th Floor
Centennial, US
Waterview III, 8000 S Chester St #100
Chicago, US
200 N LaSalle St #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, 2013FY, 2013Y, 2014Y, 2015FY, 2015FY, 2016

Cash

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

Accounts Receivable

35.8m

Inventories

Current Assets

599.2m599.2m673.0m655.1m655.1m46.9m
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)(45.4m)(74.7m)(22.7m)(479.8m)(323.2m)(126.6m)(109.0m)(45.6m)16.9m

Depreciation and Amortization

4.5m9.3m14.5m

Accounts Payable

(248.0k)(1.7m)(1.4m)(4.5m)98.9m62.9m59.3m47.8m64.2m

Cash From Operating Activities

19.1m37.7m111.7m
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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

Cloud Company NetSuite Helps UAE Organizations Scale and Grow

NetSuite introduces new product capabilities and expands partner ecosystem to meet growing customer demand To support growing customer demand in the United Arab Emirates (UAE), Oracle NetSuite has expanded its partner ecosystem in the region and introduced new innovations to Source

NetSuite announces new industry cloud solutions to help ANZ organisations grow

SYDNEY, Feb. 4, 2019 /PRNewswire/ -- Oracle NetSuite today announced a series of new innovations to help ANZ organisations gain the visibility and control needed to navigate change and accelerate growth. The latest innovations within the NetSuite platform include new SuiteSuccess industry ...

Youfoodz implements NetSuite to make healthy eating easy

SYDNEY, Feb. 4, 2019 /PRNewswire/ -- Youfoodz, one of Australia's fastest-growing organisations, has implemented Oracle NetSuite to support the rapid growth of its award-winning fresh food delivery service. With NetSuite, Youfoodz has been able to increase visibility and control across...

Furniture Start-up MYCS Relies on Oracle NetSuite for Expanding Business Abroad

MUNICH, Jan. 23, 2019 /PRNewswire/ -- MYCS, a Berlin-based start-up for customizable furniture, has quickly and easily expanded its business to France, Switzerland and the UK. Oracle NetSuite has enabled MYCS to take advantage of the cloud to gain a single view into key business metrics...

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
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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 Frequently Asked Questions

  • When was Netsuite founded?

    Netsuite was founded in 1998.

  • Who are Netsuite key executives?

    Netsuite's key executives are James Cronin and Jim McGeever.

  • What is Netsuite revenue?

    Latest Netsuite annual revenue is $144.9 m.

  • Who are Netsuite competitors?

    Competitors of Netsuite include Kerridge Commercial Systems, Infor and Creative Realities.

  • Where is Netsuite headquarters?

    Netsuite headquarters is located at 2955 Campus Dr #250, San Mateo.

  • Where are Netsuite offices?

    Netsuite has offices in San Mateo, Durham, Oklahoma City, New York and in 27 other locations.

  • How many offices does Netsuite have?

    Netsuite has 33 offices.