At Pandora, we're a unique collection of engineers, musicians, designers, marketers, and world-class sellers with a common goal: to enrich lives by delivering effortless personalized music enjoyment and discovery. People—the listeners, the music makers, and our employees—are at the center of our purpose and everything we do. Actually, employees at Pandora are a lot like the service itself: bright, eclectic, and innovative. Collaboration is the foundation of our workforce, and we’re looking for smart individuals who are self-motivated and passionate to join us. Be a part of the engine that creates the soundtrack to life.

Company Growth (employees)
Oakland, US
Size (employees)
2,488 (est)+13%
Pandora was founded in 2000 and is headquartered in Oakland, US

Key People at Pandora

Tim Westergren

Tim Westergren

Founder & CEO
Chris Martin

Chris Martin

Chief Technology Officer
Mike Herring

Mike Herring

President & CFO

Pandora Office Locations

Pandora has offices in Oakland, Santa Monica, Chicago, New York and in 23 other locations
Oakland, US (HQ)
2101 Webster St. Suite 1650
Birmingham, US
380 N Old Woodward Ave. Suite 100
Dallas, US
1717 McKinney Ave. Suite 830
Atlanta, US
271 17th Street NW Suite 1520
New York, US
125 Park Avenue 19th Floor
Chicago, US
435 North Michigan Avenue 21st Floor
Santa Monica, US
3000 Ocean Park Blvd. Suite 3050

Pandora Metrics

Pandora Financial Metrics

Revenue (2016)

$1.4 b

Revenue growth (2015-16), %


Gross profit

$489.9 m

Gross profit margin (2016), %


Net income (2016)

($343 m)

Market capitalization (21-Mar-2017)

$2.8 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$199.9 m
Pandora's current market capitalization is $2.8 b.
Pandora's revenue was reported to be $1.4 b in 2016
FY, 2011FY, 2014FY, 2015Y, 2016


$920.8 m$1.2 b$1.4 b

Revenue growth, %


Cost of goods sold

$357.1 m$894.9 m

Gross profit

$563.7 m$466.7 m$489.9 m

Gross profit Margin, %


Operating expense total

$442.9 m$636.7 m$808.7 m


($30.1 m)($170 m)($318.8 m)

EBIT margin, %


Interest expense

$612 k$26.1 m

Income tax expense

$134 k$584 k($1.6 m)$228 k

Net Income

($30.4 m)($169.7 m)($343 m)
Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


$16.2 m$43 m$44.1 m$65.7 m$176 m$334.7 m$199.9 m

Accounts Receivable


$15.4 m$33.2 m

Current Assets

$588.4 m$625.8 m


$42.9 m$124.1 m


$306.7 m

Total Assets

$749.3 m$1.2 b

Accounts Payable

$10.8 m$15.2 m

Total Debt

$234.6 m

Current Liabilities

$149.2 m$254.1 m

Additional Paid-in Capital

$781 m$1.3 b

Retained Earnings

($197 m)($709.6 m)

Total Equity

$554.3 m

Financial Leverage

2.1 x
FY, 2014FY, 2015FY, 2016

Net Income

($27 m)($343 m)

Depreciation and Amortization

$10.1 m$60.8 m

Accounts Receivable

($61 m)($36 m)


Accounts Payable

Cash From Operating Activities

($3 m)$158.7 m($181.7 m)

Purchases of PP&E

($21.2 m)($59.8 m)

Cash From Investing Activities

($211.9 m)($52.2 m)

Long-term Borrowings

($10 m)

Interest Paid

$18 k$7.2 m

Income Taxes Paid

$26 k$297 k

Pandora Operating Metrics

Y, 2015Y, 2016Mar, 2017

Internet Radio Streamed, hours

21.11 b


40 m

Paying Subscribers

4.3 m


78 m

Monthly Unique Users

32.6 m


81 m

Monthly Sessions per User


Pandora Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TicketflyOctober 06, 2015$450 m

Pandora Market Value History

We estimate that Pandora's current employees are approximately 49% female and 51% male.

Pandora Median Salaries

Source: 138 public H-1B filings from Pandora

Pandora Online Presence

Pandora News

Pandora Company Life

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