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Red Hat

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    • Technologyenterprise softwareopen source

    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.

    Revenue(FY, 2018)
    $2.9 B
    Market capitalization(2018-09-14)
    $26.4 B
    TypePublic
    HQRaleigh, US
    Founded1993
    Size (employees)10,500 (est)
    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 an office in Raleigh
    Raleigh, US (HQ)
    100 East Davie Street Raleigh
    Show all (1)
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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 which is a 21.1% increase from the previous period.
    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 (14-Sep-2018)

    		26.4 b

    Closing stock price (14-Sep-2018)

    		148.9
    Red Hat's current market capitalization is $26.4 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%21%

    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%
    show all
    Annual
    USDY, 2014Y, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		646.7 m1 b927.8 m1.1 b1.7 b

    Accounts Receivable

    		183 m806.7 m

    Prepaid Expenses

    		260.1 m

    Inventories

    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
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		178.3 m180.2 m199.4 m253.7 m258.8 m

    Depreciation and Amortization

    		74.4 m76.3 m76.1 m85.3 m97.1 m

    Inventories

    Accounts Payable

    		28.4 m71 m62.4 m71 m161.8 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
    show all
    USDY, 2018

    Financial Leverage

    		3.6 x
    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
    CoreOS (124)January 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

    Pivotal
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    Constellation Software
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    Akeneo
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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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