OverviewSuggest Edit

Ping Identity is a company that specializes in identity defined security. It develops a platform for global enterprise providing users with access to resources and delivering a centralized control point for security. The company offers developers and enterprise IT a range of options to enhance and extend their applications and environments with multi-factor authentication, single sign-on, access security, directory, and data governance capabilities.

TypePublic
Founded2002
HQDenver, CO, US
Websitepingidentity.com
Employee Ratings4.5
Overall CultureA+

Locations

Ping Identity is headquartered in
Denver, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)953(+7%)
Job Openings150
Revenue (FY, 2020)$243.6 M
Share Price (Jul 2021)$22.7(+3%)
Cybersecurity ratingBMore

Key People/Management at Ping Identity

Andre Durand

Andre Durand

Chief Executive Officer
Kris Nagel

Kris Nagel

Chief Operating Officer
Raj Dani

Raj Dani

Chief Financial Officer
Aaron Lapoint

Aaron Lapoint

Chief Human Resources Officer
Lauren Romer

Lauren Romer

Chief Legal Officer
Dave Packer

Dave Packer

Senior Vice President, Field Operations
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Ping Identity Office Locations

Ping Identity has offices in Denver, Austin, Burlington, San Francisco and in 7 other locations
Denver, CO, US (HQ)
1001 17th St #100
Austin, TX, US
13785 Research Blvd #350
Burlington, MA, US
24 District Ave #400
San Francisco, CA, US
535 Mission St 14th floor, San Francisco
Melbourne, AU
Level 27/101 Collins St
Vancouver, CA
600 Beatty St
Show all (11)

Ping Identity Financials and Metrics

Ping Identity Revenue

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View revenue for all periods
Ping Identity's revenue was reported to be $243.59 m in FY, 2020
USD

Revenue (FY, 2020)

243.6m

Gross profit (FY, 2020)

175.4m

Gross profit margin (FY, 2020), %

72%

Net income (FY, 2020)

(11.9m)

EBIT (FY, 2020)

(26.7m)

Market capitalization (28-Jul-2021)

1.9b

Closing stock price (28-Jul-2021)

22.7

Cash (31-Dec-2020)

145.7m

EV

1.9b
Ping Identity's current market capitalization is $1.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

172.5m201.6m242.9m243.6m

Revenue growth, %

17%21%

Cost of goods sold

35.8m44.6m55.7m68.2m

Gross profit

136.7m157.0m187.2m175.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

49.9m49.5m42.6m50.4m62.5m61.8m61.4m59.0m59.9m

Cost of goods sold

10.5m10.6m11.4m12.3m13.3m14.2m15.7m16.7m17.4m

Gross profit

39.4m38.9m31.2m38.2m49.2m47.5m45.7m42.3m42.6m

Gross profit Margin, %

79%79%73%76%79%77%74%72%71%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

21.0m83.5m67.6m145.7m

Accounts Receivable

48.9m50.1m67.6m82.3m

Prepaid Expenses

3.6m10.6m12.8m17.6m

Current Assets

121.5m201.4m227.7m316.7m
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

83.0m81.9m169.0m177.1m173.2m

Accounts Receivable

44.0m33.8m54.5m58.7m49.7m

Prepaid Expenses

9.5m14.1m9.0m7.5m17.7m

Current Assets

201.0m201.2m307.3m319.0m317.2m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

19.0m(13.4m)(1.5m)(11.9m)

Depreciation and Amortization

29.2m30.7m33.0m37.3m

Accounts Payable

(34.0k)298.0k(624.0k)1.3m

Cash From Operating Activities

3.4m22.9m5.8m22.4m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(5.8m)(11.4m)(4.9m)(3.1m)(3.7m)(4.2m)(7.1m)(8.1m)

Depreciation and Amortization

15.4m22.9m8.0m16.1m24.3m8.9m18.0m27.4m

Accounts Payable

1.0m111.0k(335.0k)(376.0k)736.0k2.7m3.9m(322.0k)

Cash From Operating Activities

13.0m23.7m3.8m8.1m8.5m13.5m21.2m20.0m
USDFY, 2017

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x
Show all financial metrics

Ping Identity Operating Metrics

Ping Identity's Customers was reported to be 1.4 k in FY, 2019.
FY, 2017Q2, 2018FY, 2018Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Annual Recurring Revenue

$147 m$159.6 m$183.6 m$198 m$206.7 m$224.89 m$229.96 m$235.23 m$242.59 m

Customers

1.26 k1.28 k1.36 k

Customers with >$250K Annual Recurring Revenue

144202227232240242252

Retention Rate

123%116%115%115%115%114%111%110%
Show all operating metrics

Ping Identity Acquisitions / Subsidiaries

Company NameDateDeal Size
SymphonicNovember 02, 2020
ShoCardOctober 07, 2020
Elastic Beam IncJanuary 26, 2018
UnboundIDAugust 03, 2016
Accells TechnologiesMarch 21, 2014
Elastic Beam (India) Private Limited
Elastic Beam LLC
Ping Identity Australia Pty Limited
Ping Identity Canada Inc.
Ping Identity Corporation
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Ping Identity Revenue Breakdown

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Ping Identity revenue breakdown by business segment: 92.8% from Subscription and 7.2% from Professional services and other

Ping Identity revenue breakdown by geographic segment: 77.5% from United States and 22.5% from Other international locations

Ping Identity Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Ping Identity Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Ping Identity Online and Social Media Presence

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Ping Identity Company Culture

  • Overall Culture

    A+

    82/100

  • CEO Rating

    A+

    93/100

  • Compensation

    A-

    80/100

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Ping Identity Frequently Asked Questions

  • When was Ping Identity founded?

    Ping Identity was founded in 2002.

  • Who are Ping Identity key executives?

    Ping Identity's key executives are Andre Durand, Kris Nagel and Raj Dani.

  • How many employees does Ping Identity have?

    Ping Identity has 953 employees.

  • What is Ping Identity revenue?

    Latest Ping Identity annual revenue is $243.6 m.

  • What is Ping Identity revenue per employee?

    Latest Ping Identity revenue per employee is $255.6 k.

  • Who are Ping Identity competitors?

    Competitors of Ping Identity include JumpCloud, AdNovum and Centrify.

  • Where is Ping Identity headquarters?

    Ping Identity headquarters is located at 1001 17th St #100, Denver.

  • Where are Ping Identity offices?

    Ping Identity has offices in Denver, Austin, Burlington, San Francisco and in 7 other locations.

  • How many offices does Ping Identity have?

    Ping Identity has 11 offices.