ProfileJobs (784)

Red Hat

Suggest Edit
    • Technologyenterprise softwareopen source

    Red Hat is a provider of open source, enterprise IT solutions. The Company provides cloud, Linux, management, middleware, storage, and virtualization technologies. It also offers support, training, and consulting services, as well as infrastructure-related solutions, such as Red Hat Enterprise Linux, Red Hat Gluster Storage, Red Hat Satellite, Red Hat OpenShift, and Red Hat OpenStack Platform.

    Revenue(FY, 2018)
    $2.9 B

    Employee Rating

    3.9More
    TypeSubsidiary
    Parent CompanyIBM
    HQRaleigh, US
    Founded1993
    Websiteredhat.com
    Red Hat was founded in 1993 and is headquartered in Raleigh, US
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    Key People/Management at Red Hat

    DeLisa Alexander

    DeLisa Alexander

    Executive Vice President and Chief People Officer
    Marco Bill-Peter

    Marco Bill-Peter

    Senior Vice President of Customer Experience and Engagement (CEE)
    Paul Cormier

    Paul Cormier

    Executive Vice President and President, Products and Technologies
    Michael Cunningham

    Michael Cunningham

    Executive Vice President and General Counsel
    Mark Enzweiler

    Mark Enzweiler

    Senior Vice President, Global Channel Sales and Alliances
    Matt Hicks

    Matt Hicks

    Senior Vice President of Engineering
    Show more

    Red Hat Office Locations

    Red Hat has offices in Raleigh, Minneapolis, Charlotte, Boston and in 96 other locations
    Raleigh, US (HQ)
    100 E Davie St
    Ann Arbor, US
    315 W Huron St #140
    Atlanta, US
    3340 Peachtree Rd #1200
    Boston, US
    300 A St 4th floor
    Charlotte, US
    401 N Tryon St #1071
    Chicago, US
    101 N Upper Wacker Dr #150
    Show all (111)
    Report incorrect company information

    Red Hat Financials and Metrics

    Summary Metrics

    Founding Date

    		1993
    Red Hat is a subsidiary of IBM

    Red Hat Revenue

    Red Hat's revenue was reported to be $2.92 b in FY, 2018 which is a 21.1% increase from the previous period.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		1.3b1.8b2.1b2.4b2.9b

    Revenue growth, %

    		1%34%15%18%21%

    Cost of goods sold

    		232.6m273.2m309.6m431.8m

    Gross profit

    		1.1b1.5b1.7b2.5b
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

    Revenue

    		445.9m455.9m481.0m504.1m523.6m567.9m599.8m615.3m676.8m723.4m813.5m822.7m846.8m

    Cost of goods sold

    		106.7m122.7m118.9m124.1m

    Gross profit

    		616.6m690.8m703.8m722.7m

    Gross profit Margin, %

    		85%85%86%85%
    show all
    Annual
    USDFY, 2014Y, 2014Y, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		646.7m646.7m1.0b927.8m1.1b1.7b

    Accounts Receivable

    		183.0m806.7m

    Prepaid Expenses

    		260.1m

    Inventories

    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

    Cash

    		596.8m642.1m564.1m585.4m884.0m990.9m991.6m942.0m1.0b970.6m916.7m1.2b1.2b1.3b

    Current Assets

    		1.3b1.5b1.3b1.3b1.7b1.7b1.7b1.8b1.9b1.8b1.9b2.3b2.3b2.5b2.9b2.6b3.0b

    Goodwill

    		690.3m687.5m817.3m870.1m939.6m924.7m928.2m1.0b1.0b1.1b1.0b1.0b1.1b1.1b1.3b1.3b1.3b

    Total Assets

    		2.7b2.9b3.1b3.1b3.5b3.8b3.8b3.9b4.1b4.1b4.1b4.5b4.6b4.8b5.2b4.8b5.1b
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		178.3m180.2m199.4m253.7m258.8m

    Depreciation and Amortization

    		74.4m76.3m76.1m85.3m97.1m

    Inventories

    Accounts Payable

    		28.4m71.0m62.4m71.0m161.8m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

    Net Income

    		40.8m52.0m37.7m46.8m47.9m48.1m51.4m46.8m61.2m58.8m67.9m73.2m96.9m271.4m113.2m200.0m294.5m

    Depreciation and Amortization

    		18.4m19.0m18.9m19.5m18.7m18.5m18.5m19.9m20.7m21.2m21.9m21.8m21.1m71.5m27.1m53.7m80.5m

    Accounts Payable

    		38.9m12.3m2.7m27.3m26.3m(52.3m)34.4m21.9m(38.1m)18.6m(10.8m)(55.3m)2.0m(17.8m)(28.6m)(1.7m)38.6m

    Cash From Operating Activities

    		118.9m95.2m164.7m107.7m133.0m208.8m120.3m139.6m232.3m96.8m136.4m257.9m142.9m561.1m346.2m479.0m615.7m
    show all
    Show all financial metrics

    Red Hat Operating Metrics

    FY, 2015FY, 2016FY, 2017Jan, 2018

    Bookings

    		$1.86 b$2.13 b$2.75 b

    Countries

    		35

    Locations

    		90
    Show all operating metrics

    Red Hat Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    NooBaaNovember 27, 2018
    CoreOSJanuary 30, 2018$250 m

    Red Hat Revenue Breakdown

    Embed Graph

    Red Hat revenue breakdown by business segment: 11.9% from Training and services and 88.1% from Subscription

    Red Hat revenue breakdown by geographic segment: 13.9% from Asia Pacific, 22.5% from EMEA and 63.6% from Americas

    Human Capital Metrics

    Source: www.redhat.com
    Embed Graph
    Show all human capital metrics
    Report incorrect company information

    Competitors

    Akkadian Labs
    Technology - Private
    Hortonworks
    Technology - Subsidiary
    Nemetschek
    Technology - Public
    Constellation Software
    Technology - Public
    Pivotal
    Technology - Public
    Compare competitors

    Red Hat Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    Red Hat News and Updates

    March 01, 2019

    Red Hat partners with cloud giants to launch a hub for Kubernetes Operators

    Red Hat Inc. has teamed up with the three biggest names in the cloud market on a new initiative to lower the entry barrier to Kubernetes. The company, in collaboration with Amazon Web Services Inc., Microsoft Corp. and Google LLC, on Thursday launched a Kubernetes-focused online marketplace called …
    February 28, 2019

    Red Hat launches Operator Hub, a repository of quality-tested Kubernetes Operators

    Red Hat, in partnership with AWS, Microsoft, and others, has launched Operator Hub, a repository of quality-tested Kubernetes Operators.
    February 25, 2019

    Straight takes: Ray Wang weighs in on IBM, Red Hat, Salesforce, Google and Amazon

    Analysts are paid to have opinions, and Ray Wang (pictured), founder, chairman and principal analyst of Constellation Research Inc., doesn’t pull any punches when it comes to assessing the state of the enterprise tech world today. Take IBM Corp.’s blockbuster acquisition of Red Hat Inc. in October.…
    February 15, 2019

    Cloudera CEO Talks Hortonworks Merger, IBM Acquiring Red Hat, and A.I. Hype

    Cloudera merged with its rival Hortonworks in January.
    February 14, 2019

    Buffett's Berkshire dumps Oracle, buys Red Hat, and trims Apple holdings by 1%, filing shows

    Warren Buffett's Berkshire Hathaway Inc. acquired a new position in software maker Red Hat Inc. and reduced its position in Apple Inc. at the end of December, according to 13F filings with the Securities and Exchange Commission that were released Thursday afternoon. Berkshire acquired 4.175 millio…
    February 14, 2019

    Red Hat Satellite to Drop MongoDB and Standardize on PostgreSQL Database

    Comments
    Show more
    Report incorrect company information

    Red Hat Blogs

    February 27, 2019

    About_Value_of_Subscription

    PreviousNext 2018 Red Hat Product Security risk report Red Hat reviews 2018’s specific vulnerabilities and security highlights, including key metrics and common ways that users were affected. Read the report
    February 18, 2019

    About_Open-source

    PreviousNext 2018 Red Hat Product Security risk report Red Hat reviews 2018’s specific vulnerabilities and security highlights, including key metrics and common ways that users were affected. Read the report
    January 25, 2019

    Topic_What-is-api-management

    PreviousNext Red Hat Summit 2019 registration now open From the right foundation–an open foundation–your technology and culture can scale however you need. Expand your possibilities. Register now
    January 23, 2019

    Topic_Big_Data

    PreviousNext Red Hat Summit 2019 registration now open From the right foundation–an open foundation–your technology and culture can scale however you need. Expand your possibilities. Register now
    January 11, 2019

    EVENT_IBM_Think

    PreviousNext Red Hat Summit 2019 registration now open From the right foundation–an open foundation–your technology and culture can scale however you need. Expand your possibilities. Register now
    December 11, 2018

    About_Culture

    PreviousNext To be a better leader, give up control Leadership isn’t about organizing chaos. Learn how Jim Whitehurst left control behind and embraced collaborative leadership at Red Hat WATCH THE TEDTALK
    Show more

     Red Hat Frequently Asked Questions

    • When was Red Hat founded?

      Red Hat was founded in 1993.

    • Who are Red Hat key executives?

      Red Hat's key executives are DeLisa Alexander, Marco Bill-Peter and Paul Cormier.

    • What is Red Hat revenue?

      Latest Red Hat annual revenue is $2.9 b.

    • Who are Red Hat competitors?

      Competitors of Red Hat include Akkadian Labs , Hortonworks and Nemetschek.

    • Where is Red Hat headquarters?

      Red Hat headquarters is located at 100 E Davie St, Raleigh.

    • Where are Red Hat offices?

      Red Hat has offices in Raleigh, Minneapolis, Charlotte, Boston and in 96 other locations.

    • How many offices does Red Hat have?

      Red Hat has 111 offices.

    Need Data?

    Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API.

    Learn more