Red Hat
| Type | Subsidiary |
| Parent Company | IBM |
| HQ | Raleigh, NC, US |
| Founded | 1993 |
| Website | redhat.com |
| Cybersecurity rating | BMore |
Red Hat was founded in 1993 and is headquartered in Raleigh, NC, US
Key People/Management at Red Hat
Paul Cormier
President and Chief Executive Officer
Mike Kelly
Chief Information Officer
Tim Yeaton
Executive Vice President and Chief Marketing Officer
Matt Hicks
Executive Vice President, Products and Technologies
Marco Bill-Peter
Senior Vice President, Customer Experience and Operations (CXnO)
Tom Savage
Senior Vice President and General Counsel
Red Hat Office Locations
Red Hat has offices in Raleigh, Ann Arbor, Atlanta, Boston and in 89 other locations
Raleigh, NC, US (HQ)
100 E Davie St
Ann Arbor, MI, US
315 W Huron St #140
Atlanta, GA, US
3340 Peachtree Rd #1200
Boston, MA, US
300 A St 4th floor
Charlotte, NC, US
128 S Tryon St 21st Floor
Chicago, IL, US
227 W Monroe St #4550
Red Hat Financials and Metrics
Summary Metrics
Founding Date | 1993 |
Investors | Intel, Netscape, Greylock, Benchmark Partners |
Red Hat is a subsidiary of IBM
Red Hat Revenue
Red Hat's revenue was reported to be $3.36 b in FY, 2019 which is a 15.1% increase from the previous period.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|
Net Income | 73.2m | 170.0m | 271.4m | 113.2m | 200.0m | 294.5m | 141.1m |
Depreciation and Amortization | 21.8m | 46.0m | 71.5m | 27.1m | 53.7m | 80.5m | 36.8m |
Cash From Operating Activities | 257.9m | 400.8m | 561.1m | 346.2m | 479.0m | 615.7m | 460.0m |
Purchases of PP&E | (25.9m) | (51.7m) | (68.3m) | (13.0m) | (26.6m) | (44.8m) | (23.5m) |
Red Hat Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| StackRox | July 01, 2021 | |
| NooBaa | November 27, 2018 | |
| CoreOS | January 31, 2018 | $250 m |
| Permabit Technology Corporation | July 31, 2017 | |
| Codenvy | May 25, 2017 | |
| 3scale | June 22, 2016 | |
| Red Hat Ansible | October 16, 2015 | $150 m |
| FeedHenry | September 18, 2014 | $82 m |
| eNovance | June 18, 2014 | $70 m |
| InkTank | April 30, 2014 | $175 m |
Red Hat Revenue Breakdown
Red Hat revenue breakdown by business segment: 87.7% from Subscription and 12.3% from Training and Services
Red Hat revenue breakdown by geographic segment: 23.4% from EMEA, 62.2% from Americas and 14.4% from Asia Pacific
Red Hat Cybersecurity Score
Red Hat Environment, Social & Governance (ESG) Ratings
Red Hat Online and Social Media Presence
238.05k Twitter followers
Red Hat has 238.05k Twitter Followers. The number of followers has increased 1.5% month over month and increased 2.4% quarter over quarter
Red Hat's Trends
Twitter Engagement Stats for @RedHat
35.2k
Tweets
1.1k
Following
238k
Followers
129
Tweets last 30 days
11.9
Avg. likes per Tweet
99.2%
Tweets with engagement
Red Hat Company Culture
Overall Culture
A+
80/100
CEO Rating
A+
85/100
Compensation
A+
80/100
Diversity
A-
75/100
Red Hat News and Updates
April 27, 2022
What to expect at Red Hat Summit 2022: Join theCUBE for live coverage May 10-11
Open source has altered a great deal of the IT landscape, and is transforming the hybrid cloud as well. This is one of the fundamental premises behind Red Hat Inc.’s strategy for a hybrid cloud future, one that will be shaped by innovation generated from the open-source ecosystem. Red Hat’s vision …
April 21, 2022
Global Hybrid Cloud Management Platform Provider Competitive Analysis Report 2022 Featuring Cisco, CloudBolt, CoreStack, Lumen, Red Hat, Snow Software, & VMware
DUBLIN, April 21, 2022 /PRNewswire/ -- The "Global Hybrid Cloud Management Platform Market 2022" report has been added to ResearchAndMarkets.com's offering. This report looks at popular providers in the market and offers information about their platform capabilities as well as about their...
April 21, 2022
IBM and Red Hat to Help Modernize U.S. Department of Education's G5 Grants Management System
Modernized system will support effective and efficient end-to-end grants management WASHINGTON and ARMONK, N.Y. and RALEIGH, N.C., April 21, 2022 /PRNewswire/ -- IBM (NYSE: IBM) and Red Hat, Inc. today announced the companies are part of a five-year collaboration to modernize the U.S....
March 22, 2022
Red Hat boost Nvidia support in OpenShift to encourage AI workload migration
IBM Corp.’s Red Hat subsidiary today announced new certifications and features for Red Hat OpenShift, its on-premises version of the Kubernetes service for managing the portable software environments called containers. Announcements include certification of OpenShift with Nvidia Corp.’s AI Enterpri…
March 01, 2022
Red Hat details edge computing collaboration with Verizon
IBM Corp.’s Red Hat division today shared new details about its collaboration with Verizon Communications Inc. to help enterprises adopt edge computing technologies. Last year, Verizon teamed up with IBM on a broad initiative to modernize its network. As part of the effort, Verizon is building key…
Red Hat Blogs
May 20, 2022
Friday Five — May 20, 2022
The Friday Five is a weekly Red Hat® blog post with 5 of the week's top news items and ideas from or about Red Hat and the technology industry. Consider it your weekly digest of things that caught our eye.
May 20, 2022
The evolution of application connectivity in a multicloud environment
The evolution of hybrid cloud connectivity
Application connectivity considerations
May 19, 2022
Red Hat’s The State of Enterprise Open Source report: Highlights from the government sector
Red Hat’s fourth annual The State of Enterprise Open Source report highlights how organizations have adapted to new ways of operating — whether due to external forces or proactive choices — and are selecting methods that provide better competitive advantage.
May 18, 2022
Hot Off the Presses: Red Hat Enterprise Linux 9
We are excited to announce the availability of Red Hat Enterprise Linux 9 (RHEL 9), the latest release of the world’s leading enterprise Linux platform. RHEL 9 provides a more flexible and stable foundation to support hybrid cloud innovation and a faster, more consistent experience for deploying app…
May 18, 2022
What's new in Red Hat Enterprise Linux 9 for edge computing
Each release of Red Hat Enterprise Linux (RHEL) is an exciting time and establishes a ten-plus year foundation for the industry to build upon. RHEL 9 marks the next milestone and offers improvements across the board in areas of stability, performance, upgrades and security capabilities. With edge co…
May 17, 2022
Application connectivity in a hybrid cloud
Understanding application connectivity
Connectivity requires more than Kubernetes
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 Paul Cormier, Mike Kelly and Tim Yeaton.
How many employees does Red Hat have?
Red Hat has 19,528 employees.
What is Red Hat revenue?
Latest Red Hat annual revenue is $3.4 b.
What is Red Hat revenue per employee?
Latest Red Hat revenue per employee is $172.2 k.
Who are Red Hat competitors?
Competitors of Red Hat include Compuware Software Group Germany, Nemetschek and TIBCO Software.
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, Ann Arbor, Atlanta, Boston and in 89 other locations.
How many offices does Red Hat have?
Red Hat has 97 offices.
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