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.

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, Lima, Ciudad de México, Bogotá and in 52 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 (58)
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%
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
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 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

Red Hat's employees are reported to be approximately 22% female and 78% male.
Embed Graph
Show all human capital metrics
Report incorrect company information

Red Hat Online and Social Media Presence

Embed Graph
Report incorrect company information

Red Hat News and Updates

Business Process Management Software Market to Witness Huge Growth by 2023: Top Key Vendors like Ibm, Appian, Oracle Corporation, Agile Point, Pegasystems, K2 Software, Fujitsu, Bizagi, Tibco Software, Global 360, Red Hat, Intalio, Open Text

Business Process Management Software Market from Qurate’s Repository provides detailed information, in depth analysis and forecast which is developed by team of experts and professionals. Posted via Industry Today. Follow us on Twitter @IndustryToday

These former Red Hat employees just got $25 million to try to find a new business model for open source software (IBM, RHT, AMZN)

Tidelift, founded by former Red Hat employees, announced on Monday $25 million in new funding to try to create a new business model for open source software. The open source industry is in the middle of great change, as some software companies make defensive moves against Amazon and other cloud pr…

How Red Hat Scaled From an Unlikely Startup to a Major Global Enterprise

Throughout its history, it's been able to continually adapt and scale its business model to a changing market

Distributed Data Grid Software 2018 Global Market Key Players – Software AG, ScaleOut Software, Oracle, Hazelcast, IBM, Red Hat, VMware, GigaSpaces, Alachisoft.......

Distributed Data Grid Software – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

TCS Collaborates with Red Hat to Build Next-Gen Solutions that Accelerate Customers' Digital Transformation

CINCINNATI and MUMBAI, India, Dec. 18, 2018 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has extended its collaboration with Red Hat to build microservices-based open source solutions and...

Tata Consultancy Services extendes its collaboration with Red Hat

To build microservices-based open source solutions and frameworks
Show more
Report incorrect company information

Red Hat Blogs

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

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

EMEA_DACH-region

PreviousNext Datenblatt: Red Hat® Enterprise Linux® 8 Beta Die neueste Version des Linux-basierten Betriebssystems von Red Hat bietet Ihnen eine sichere und konsistente Grundlage für Ihre Hybrid Cloud-Bereitstellungen DOWNLOAD

Topic_API

PreviousNext Think agile is just for app dev? Think again. Here's how enterprise application integration can help your business be more agile. Everything you need to know, from API to ESB. READ MORE

Topic_Why_Choose_Microservices

PreviousNext Learn more about cloud-native apps (and other tech topics) Get the Red Hat Shares newsletter for advice and resources on overcoming complex IT challenges―the open source way Sign me up

Topic_Why_Choose_Storage

PreviousNext Learn more about cloud-native apps (and other tech topics) Get the Red Hat Shares newsletter for advice and resources on overcoming complex IT challenges―the open source way Sign me up
Show more

Red Hat Company Life and Culture

Report incorrect company information

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 Raleigh, Lima, Ciudad de México, Bogotá and in 52 other locations.

  • How many offices does Red Hat have?

    Red Hat has 58 offices.