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Red Hat

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    • 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
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    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
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    Red Hat Office Locations

    Red Hat has offices in Montréal, Lima, Ciudad de México, Bogotá and in 51 other locations
    Raleigh, US (HQ)
    100 East Davie Street Raleigh
    Retiro, AR
    14°piso 240 Ing Enrique Butty
    Brisbane City, AU
    193 N Quay
    Machelen, BE
    19 Leonardo da Vincilaan
    São Paulo, BR
    81 3900 Av. Brg. Faria Lima
    Montréal, CA
    127 Rue Saint-Pierre
    Show all (56)
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    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, 2019

    Revenue

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

    Cost of goods sold

    		106.7m122.7m118.9m

    Gross profit

    		616.6m690.8m703.8m

    Gross profit Margin, %

    		85%85%86%
    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, 2019

    Cash

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

    Current Assets

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

    Goodwill

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

    Total Assets

    		2.7b2.9b3.1b3.1b3.5b3.8b3.8b3.9b4.1b4.1b4.1b4.5b4.6b4.8b5.2b4.8b
    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, 2019

    Net Income

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

    Depreciation and Amortization

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

    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)

    Cash From Operating Activities

    		118.9m95.2m164.7m107.7m133.0m208.8m120.3m139.6m232.3m96.8m136.4m257.9m142.9m561.1m346.2m479.0m
    show all
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    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
    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
    Red Hat's employees are reported to be approximately 22% female and 78% male.
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    Competitors

    Hortonworks
    Technology - Subsidiary
    Nemetschek
    Technology - Public
    Constellation Software
    Technology - Public
    Pivotal
    Technology - Public
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    Red Hat Online and Social Media Presence

    Embed Graph
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    Red Hat News and Updates

    November 14, 2018

    Explosive Growth on Middleware Software Market by 2023: in Depth Assessment, Strategic Analysis, Developments, Technologies and Key Players Microsoft, Oracle, SAP, Fujitsu, IBM, Red Hat, Siemens, Google, Apprenda

    Middleware is similar to an operating system because it can support other application programs, provide controlled interaction, prevent interference between computations and facilitate interaction between computations on different computers via network communication services. Posted via Industry Tod…
    November 12, 2018

    Icahn says VMWare should be worth $300 per share, cites Red Hat deal

    Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.
    November 12, 2018

    Icahn says VMWare should be worth $300/shr, cites Red Hat deal

    Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.
    November 07, 2018

    SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Red Hat, Inc. - RHT

    NEW YORK, Nov. 6, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating the Board of Directors Red Hat, Inc. ("Red Hat " or the "Company")...
    November 05, 2018

    RED HAT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Red Hat, Inc. - RHT

    NEW ORLEANS, Nov. 5, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Red Hat, Inc. ("Red Hat") (NYSE: RHT) to International Business Machines Corporation (NYSE:...
    November 05, 2018

    IT for Small and Medium-Sized Businesses Global Market 2018-2023: BMC Software, HPE, IBM, Red Hat, VMware, Accenture

    Wiseguyreports.Com Publish New Market Research Report On -“IT for Small and Medium-Sized Businesses Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday
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    Red Hat Blogs

    November 01, 2018

    Red Hat Open Source Day 2018 a Milano e Roma - Courses

    November 01, 2018

    Red Hat Open Source Day 2018 a Milano e Roma - Certs

    November 01, 2018

    2018Red Hat Open Source Day 2018 a Milano e Roma - OpenShift

    October 31, 2018

    Red Hat Open Source Day 2018 a Milano e Roma - RHEL

    October 31, 2018

    Red Hat Open Source Day 2018 a Milano e Roma - Container

    October 30, 2018

    Red Hat Open Source Day 2018 a Milano e Roma - Kubernetes

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    Red Hat Company Life and Culture

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     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 Hortonworks, Nemetschek and Constellation Software.

    • Where is Red Hat headquarters?

      Red Hat headquarters is located at 100 East Davie Street Raleigh, Raleigh.

    • Where are Red Hat offices?

      Red Hat has offices in Montréal, Lima, Ciudad de México, Bogotá and in 51 other locations.

    • How many offices does Red Hat have?

      Red Hat has 56 offices.