Red Hat provides open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, management, middleware, cloud, mobile and storage technologies. Its products and services include infrastructure-related offerings, application development-related and other technology offerings, and consulting, support and training services.

Type
Public
HQ
Raleigh, US
Founded
1993
Size (employees)
10,500 (est)
Website
redhat.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 an office in Raleigh
Raleigh, US (HQ)
100 East Davie Street Raleigh
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Red Hat Financials and Metrics

Red Hat Revenue

Red Hat's revenue was reported to be $2.92 b in FY, 2018
USD

Revenue (Q1, 2019)

813.5 m

Gross profit (Q1, 2019)

690.8 m

Gross profit margin (Q1, 2019), %

84.9%

Net income (Q1, 2019)

113.2 m

EBIT (Q1, 2019)

112.2 m

Market capitalization (18-Jul-2018)

26.3 b

Closing share price (18-Jul-2018)

148.5
Red Hat's current market capitalization is $26.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

1%34%15%18%

Cost of goods sold

232.6 m273.2 m309.6 m431.8 m

Gross profit

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

Revenue

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

Cost of goods sold

106.7 m122.7 m

Gross profit

616.6 m690.8 m

Gross profit Margin, %

85%85%
Annual
USDY, 2014Y, 2015Y, 2016FY, 2017FY, 2018

Cash

646.7 m1 b927.8 m1.1 b

Accounts Receivable

183 m

Inventories

Current Assets

1.6 b2 b1.9 b2.3 b3.1 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

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

Current Assets

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

Goodwill

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

Total Assets

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

Net Income

178.3 m180.2 m199.4 m253.7 m

Depreciation and Amortization

74.4 m76.3 m76.1 m85.3 m

Inventories

Accounts Payable

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

Net Income

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

Depreciation and Amortization

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

Accounts Payable

38.9 m12.3 m2.7 m27.3 m26.3 m(52.3 m)34.4 m21.9 m(38.1 m)18.6 m(10.8 m)(55.3 m)2 m(17.8 m)(28.6 m)

Cash From Operating Activities

118.9 m95.2 m164.7 m107.7 m133 m208.8 m120.3 m139.6 m232.3 m96.8 m136.4 m257.9 m142.9 m561.1 m346.2 m
USDY, 2018

Financial Leverage

3.6 x
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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
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Red Hat Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
CoreOS (124)January 30, 2018$250 m

Red Hat Revenue Breakdown

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Red Hat revenue breakdown by business segment: 11.4% from Training and services and 88.6% from Subscription

Human Capital Metrics

Red Hat's employees are reported to be approximately 22% female and 78% male.
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Red Hat Online and Social Media Presence

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Red Hat Company Life and Culture

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