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
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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
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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%
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
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
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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
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.
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Red Hat Online and Social Media Presence

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Red Hat News and Updates

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…

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.

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.

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")...

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:...

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 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.