Red Hat
| Type | Subsidiary |
| Parent Company | IBM |
| HQ | Raleigh, US |
| Founded | 1993 |
| Website | redhat.com |
Red Hat was founded in 1993 and is headquartered in Raleigh, US
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Red Hat
DeLisa Alexander
Executive Vice President and Chief People Officer
Paul Cormier
President and Chief Executive Officer
Ashesh Badani
Senior Vice President, Cloud Platforms
Tom Savage
Senior Vice President and General Counsel
Marco Bill-Peter
Senior Vice President of Customer Experience and Engagement (CEE)
Mark Enzweiler
Senior Vice President, Global Channel Sales and Alliances
Red Hat Office Locations
Red Hat has offices in Raleigh, Ann Arbor, Atlanta, Boston and in 85 other locations
Raleigh, US (HQ)
100 E Davie St
Ann Arbor, US
315 W Huron St #140
Atlanta, US
3340 Peachtree Rd #1200
Boston, US
300 A St 4th floor
Charlotte, US
128 S Tryon St 21st Floor
Chicago, US
227 W Monroe St #4550
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 $3.36 b in FY, 2019 which is a 15.1% increase from the previous period.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 567.9m | 599.8m | 615.3m | 676.8m | 723.4m | 656.8m | 813.5m | 822.7m | 846.8m | 934.1m |
Cost of goods sold | 84.0m | 87.7m | 90.5m | 100.7m | 106.7m | 111.8m | 122.7m | 118.9m | 124.1m | 144.3m |
Gross profit | 483.9m | 512.1m | 524.8m | 576.1m | 616.6m | 545.1m | 690.8m | 703.8m | 722.7m | 789.8m |
Gross profit Margin, % | 85% | 85% | 85% | 85% | 85% | 83% | 85% | 86% | 85% | 85% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.0b | 970.6m | 916.7m | 1.2b | 1.2b | 1.3b | 1.8b | 1.5b | 1.5b | 2.3b |
Accounts Receivable | 326.3m | 359.9m | 427.4m | 429.9m | 418.4m | 531.5m | 499.0m | 516.0m | 732.8m | 529.1m |
Prepaid Expenses | 159.8m | 149.2m | 156.6m | 192.6m | 213.3m | 216.0m | 247.2m | 247.2m | 241.1m | 250.6m |
Current Assets | 1.9b | 1.8b | 1.9b | 2.3b | 2.3b | 2.5b | 2.9b | 2.6b | 3.0b | 3.3b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 61.2m | 120.0m | 187.9m | 73.2m | 170.0m | 271.4m | 113.2m | 200.0m | 294.5m | 141.1m |
Depreciation and Amortization | 20.7m | 41.9m | 63.7m | 21.8m | 46.0m | 71.5m | 27.1m | 53.7m | 80.5m | 36.8m |
Accounts Payable | (58.3m) | |||||||||
Cash From Operating Activities | 232.3m | 329.1m | 465.5m | 257.9m | 400.8m | 561.1m | 346.2m | 479.0m | 615.7m | 460.0m |
Red Hat Revenue Breakdown
Red Hat revenue breakdown by business segment: 12.3% from Training and services and 87.7% from Subscription
Red Hat revenue breakdown by geographic segment: 14.4% from Asia Pacific, 23.4% from EMEA and 62.2% from Americas
Red Hat Online and Social Media Presence
198.2k Twitter followers
Red Hat has 198.2k Twitter Followers. The number of followers has increased 2% month over month and increased 5.5% quarter over quarter
Red Hat's Trends
Twitter Engagement Stats for @RedHat
29.2k
Tweets
1.2k
Following
198.2k
Followers
362
Tweets last 30 days
9.4
Avg. likes per Tweet
95.3%
Tweets with engagement
Red Hat News and Updates
April 28, 2020
Q&A: Red Hat prepares as the 5G, edge computing wave approaches
The future is technologically complex. 5G, edge computing, open-source software, the internet of things, and hybrid cloud are combining to bring about a tsunami of change. That this mass convergence of high-tech advances will fuel yet another transformation of communication. What companies want to …
April 28, 2020
Microsoft beefs up Azure’s Kubernetes features and Red Hat integrations
Microsoft Corp. today introduced two updates for Azure, one focused on its managed Kubernetes service and another on Red Hat workloads, that should allow the cloud platform to better accommodate enterprises running a variety of different application types. The container-themed update takes the form…
April 28, 2020
Red Hat deploys ACM for Kubernetes to boost automation in OpenShift
Red Hat Inc. is looking to take its enterprise standing a notch higher with the launch of Advanced Cluster Management for Kubernetes, the open-source platform for managing and deploying containerized software applications. It’s an effort by Red Hat to scale up its OpenShift platform with ACM in sup…
April 28, 2020
Red Hat tackles complex virtualization, scaling questions through OpenShift automation boost
As the world tackles a global pandemic, the conversation around the practical implications of virtualization and scaling of enterprises is being tested like no other time. Companies are wrestling with many questions such as, how much consistency does there need to be from all of the options within …
April 28, 2020
Red Hat CEO Paul Cormier: Open hybrid cloud will be key part of strategy
Words matter and Red Hat Inc. has drawn a careful distinction between an open hybrid cloud and multicloud. According to the open-source software giant, now owned by IBM Corp., a hybrid cloud coordinates tasks running in different environments. Multicloud is simply using different cloud platforms, r…
April 28, 2020
Red Hat doubles down on Kubernetes with Summit rollouts
Red Hat Inc. is stepping up its support for Kubernetes, the orchestration manager for software containers, with a trio of new and enhanced products that it’s rolling out today at its virtual Red Hat Summit. OpenShift virtualization, which is available as a technology preview within Red Hat OpenShif…
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, Paul Cormier and Ashesh Badani.
What is Red Hat revenue?
Latest Red Hat annual revenue is $3.4 b.
Who are Red Hat competitors?
Competitors of Red Hat include Nutanix, TIBCO Software and Vmware.
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 85 other locations.
How many offices does Red Hat have?
Red Hat has 99 offices.
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