OverviewSuggest Edit

New Relic is a digital intelligence company, delivering full-stack visibility and analytics to enterprises around the world. The Company's cloud-based platform and range of products enable organizations to collect, store and analyze software data in real time. Applying the Company's products, technology users can quickly find and fix performance problems, as well as predict and prevent future issues. Business users such as product managers can get answers to how their new product launch is being received, or how a pricing change impacted customer retention, without waiting for help from IT. Software developers can build better applications faster, as they can see how their software will perform and is actually performing for end-users. the company monitors application and infrastructure performance to help to resolve issues and improve digital customer experiences. 
TypePublic
Founded2008
HQSan Francisco, US
Websitenewrelic.com
Employee Ratings4.7
Culture scoreB

Latest Updates

Employees (est.) (Dec 2019)2,043(+5%)
Job Openings132
Revenue (FY, 2020)$599.5 M(+26%)
Share Price (May 2020)$63.8 (+4%)

Key People/Management at New Relic

Lew Cirne

Lew Cirne

CEO and Founder, Director
Michael Christenson

Michael Christenson

President, Director and Chief Operating Officer
Bill Staples

Bill Staples

Chief Product Officer
Ken Gavranovic

Ken Gavranovic

Executive Vice President General Manager
Mark Sachleben

Mark Sachleben

Chief Financial Officer
Kristy Friedrichs

Kristy Friedrichs

Chief People Officer
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New Relic Office Locations

New Relic has offices in San Francisco, Atlanta, Phoenix, Portland and in 9 other locations
San Francisco, US (HQ)
188 Spear St, San Francisco
Atlanta, US
1175 Peachtree St NE
Phoenix, US
1 N 1st St #530
Portland, US
111 SW 5th Ave #2700
Sydney, AU
Level 4/115 Pitt St
Paris, FR
33 Rue la Fayette
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New Relic Financials and Metrics

New Relic Revenue

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New Relic's revenue was reported to be $599.51 m in FY, 2020
USD

Revenue (FY, 2020)

599.5m

Gross profit (FY, 2020)

496.3m

Gross profit margin (FY, 2020), %

82.8%

Net income (FY, 2020)

(91.0m)

EBIT (FY, 2020)

(85.5m)

Market capitalization (22-May-2020)

3.8b

Closing stock price (22-May-2020)

63.8

Cash (31-Mar-2020)

292.5m

EV

4.0b
New Relic's current market capitalization is $3.8 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

110.4m181.3m263.5m355.1m479.2m599.5m

Revenue growth, %

75%64%45%35%35%

Cost of goods sold

21.8m37.2m50.0m62.7m77.4m103.2m

Gross profit

88.6m144.1m213.5m292.3m401.8m496.3m
Quarterly
Annual
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

17.4m57.1m19.5m105.3m65.9m88.3m132.5m234.4m292.5m

Accounts Receivable

99.5m120.6m147.4m

Prepaid Expenses

16.0m

Inventories

4.3m6.1m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

167.7m70.2m68.8m71.9m81.7m93.9m80.2m105.3m110.7m125.2m554.9m196.8m185.5m228.1m242.4m179.0m

Accounts Receivable

84.2m77.0m110.6m

Prepaid Expenses

18.9m17.0m18.9m

Current Assets

220.9m218.1m218.0m220.1m234.7m234.1m242.0m278.8m277.8m295.1m816.6m848.6m866.8m900.6m894.8m895.9m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(50.1m)(67.5m)(61.1m)(45.3m)(40.9m)(88.9m)

Depreciation and Amortization

9.0m15.1m18.8m23.2m53.8m75.7m

Inventories

(3.9m)

Accounts Payable

1.0m(774.0k)658.0k(1.8m)245.0k7.4m
USDY, 2020

EV/EBIT

-47 x

EV/CFO

43 x

Revenue/Employee

310.8k

Financial Leverage

3.2 x
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New Relic Operating Metrics

New Relic's Users was reported to be 500 k in FY, 2015.
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

Paid Business Accounts

9.76 k10.59 k11.27 k11.91 k12.44 k12.84 k13.13 k13.52 k14.05 k14.54 k14.92 k15.22 k15.90 k15.40 k

Annualized Revenue per Average Paid Business Account

$10.62 k$11.52 k$12.53 k$13.59 k$14.71 k$15.76 k$17.01 k$17.75 k$18.50 k$19.47 k$21.50 k$20.50 k

Users

500 k

Patents Pending (US)

1 4 6
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New Relic Acquisitions / Subsidiaries

Company NameDateDeal Size
CoScaleOctober 12, 2018

New Relic Revenue Breakdown

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New Relic revenue breakdown by geographic segment: 67.1% from United States, 7.8% from APAC, 19.1% from EMEA and 6.1% from Other

Human Capital Metrics

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New Relic Online and Social Media Presence

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New Relic Company Culture

  • Overall Culture

    B

    73/100

  • CEO Rating

    A+

    89/100

  • Compensation

    B

    73/100

  • Diversity

    B+

    77/100

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New Relic News and Updates

New Relic Announces The General Availability Of AIOps Platform

By expanding the portfolio to observability and AIOps, New Relic aims to go beyond traditional APM and infrastructure monitoring to strengthen its position in the emerging market predominantly driven by cloud native, hybrid and multi-cloud technologies.

New Relic brings AIOps to the fore with new application monitoring tools

Application monitoring firm New Relic Inc. today debuted new artificial intelligence operations capabilities aimed at helping DevOps, network operations and site reliability engineering teams to identify and resolve problems with their information technology infrastructure more quickly. The idea is…

New Relic Strives To Boost Its Competitiveness In Observability

The New Relic One observability platform, officially launched last September, is aimed directly at enterprises requiring more complete monitoring of complex environments.

New Relic stock tanks on lower-than-expected earnings

Application and DevOps monitoring company New Relic Inc.’s stock lost more than 12% of its value today after reporting third-quarter financial results that left investors feeling decidedly underwhelmed. The company reported earnings before certain costs such as stock compensation of 9 cents per sha…

Dmitri Chen Joins New Relic as EVP and General Manager, Asia-Pacific and Japan

SINGAPORE – November 26, 2019 - New Relic, Inc. (NYSE: NEWR), the world’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced the appointment of Dmitri Chen as EVP and general manager, Asia-Pacific and Japan (APJ), r…

New Relic stock falls despite solid earnings beat

Application and DevOps monitoring company New Relic Inc. saw its shares fall almost 4% in after-hours trading today despite posting second-quarter financial results that beat expectations on earnings and revenue. The company reported a profit before certain costs such as stock compensation of 24 ce…
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New Relic Blogs

Monitor Microsoft Hyper-V with New Relic

Learn how to use how to use New Relic Infrastructure and an on-host integration to monitor key metrics from Hyper-V

Deploy Synthetics from Kubernetes Environments to Monitor Employee-Facing Applications

New Relic Synthetics is meeting you where you are—within the systems you’re using—to automate and manage your build and deployment processes.

Correlate Feature Flags With Application Metrics Using Split.io and New Relic

Learn how to gain valuable insight into your feature flags with Split.io’s integration with New Relic

Climate Corporation Helps Farmers Around the World Improve Crop Production with AWS and New Relic

Learn how AWS and the New Relic APM observability platform enable Climate Corporation to help farmers improve crop production.

Why SaaS is the Best Way to Monitor On-Premises Environments

Just because you have an on-premise technology environment does not mean you need an on-premise monitoring solution.

New Relic Query Language Enhancements: Wildcards, Empty Strings, Null, Empty Sets, and More

To better serve our users, we recently made some significant enhancements to NRQL, which are available today for all New Relic users.
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New Relic Frequently Asked Questions

  • When was New Relic founded?

    New Relic was founded in 2008.

  • Who are New Relic key executives?

    New Relic's key executives are Lew Cirne, Michael Christenson and Bill Staples.

  • How many employees does New Relic have?

    New Relic has 2,043 employees.

  • What is New Relic revenue?

    Latest New Relic annual revenue is $599.5 m.

  • What is New Relic revenue per employee?

    Latest New Relic revenue per employee is $293.4 k.

  • Who are New Relic competitors?

    Competitors of New Relic include ThousandEyes, Meltwater and AppDynamics.

  • Where is New Relic headquarters?

    New Relic headquarters is located at 188 Spear St, San Francisco, San Francisco.

  • Where are New Relic offices?

    New Relic has offices in San Francisco, Atlanta, Phoenix, Portland and in 9 other locations.

  • How many offices does New Relic have?

    New Relic has 13 offices.