Company Growth (employees)
Red Hat was founded in 1993 and is headquartered in Raleigh, US
Key People at Red Hat
Paul Cormier
Executive vice president and president, Products and Technologies
Mandeep Chaddha
Vice president of Operations and Enterprise Data Strategy
DeLisa Alexander
Executive vice president and chief people officer
Michael Cunningham
Executive vice president and general counsel
Red Hat Office Locations
Red Hat has an office in Raleigh
Raleigh, US (HQ)
100 East Davie Street Raleigh
Red Hat Data and Metrics
Red Hat Financial Metrics
Red Hat's revenue was reported to be $2.4 b in FY, 2017 which is a 18% increase from the previous period.
USD
Revenue (FY, 2017) | 2.4 b |
Revenue growth (FY, 2016 - FY, 2017), % | 18% |
Net income (FY, 2017) | 253.7 m |
EBIT (FY, 2017) | 332.2 m |
Market capitalization (19-Jul-2017) | 17.6 b |
Closing share price (19-Jul-2017) | 98.6 |
Cash (28-Feb-2017) | 1.1 b |
Red Hat's current market capitalization is $17.6 b.
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|
Revenue | 909.3 m | 1.1 b | 1.3 b | 1.3 b | 1.8 b | 2.1 b | 2.4 b |
Revenue growth, % | 25% | 17% | 1% | 34% | 15% | 18% | |
Cost of goods sold | 232.6 m | 273.2 m | 309.6 m | ||||
Gross profit | 1.1 b | 1.5 b | 1.7 b | ||||
Gross profit Margin, % | 83% | 85% | 85% | ||||
Sales and marketing expense | 597.9 m | 728.4 m | 849 m | 1 b | |||
R&D expense | 317.3 m | 367.9 m | 413.3 m | 480.7 m | |||
General and administrative expense | 152.4 m | 170.1 m | 192.3 m | 208.5 m | |||
Operating expense total | 1.1 b | 1.3 b | 1.5 b | 1.7 b | |||
EBIT | 232.3 m | 250 m | 288 m | 332.2 m | |||
EBIT margin, % | 17% | 14% | 14% | 14% | |||
Interest expense | 267 k | 160 k | 9.4 m | 23.1 m | 23.8 m | ||
Interest income | 6.6 m | 8.3 m | 11.7 m | 13.9 m | |||
Pre tax profit | 239.5 m | 255.5 m | 274.9 m | 320.2 m | |||
Income tax expense | 46.4 m | 61.4 m | 59.5 m | 61.3 m | 75.3 m | 75.5 m | 66.5 m |
Net Income | 178.3 m | 180.2 m | 199.4 m | 253.7 m |
| USD | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | Y, 2014 | Y, 2015 | Y, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|---|
Cash | 388.1 m | 642.6 m | 549.2 m | 487.1 m | 646.7 m | 1 b | 927.8 m | 1.1 b |
Accounts Receivable | 183 m | |||||||
Current Assets | 1.6 b | 2 b | 1.9 b | 2.3 b | ||||
Goodwill | 687.4 m | 927.1 m | 1 b | 1 b | ||||
Total Assets | 3.1 b | 3.8 b | 4.2 b | 4.5 b | ||||
Accounts Payable | 179.5 m | 237.7 m | 284.8 m | 377 m | ||||
Current Liabilities | 1.1 b | 1.3 b | 1.6 b | 1.9 b | ||||
Additional Paid-in Capital | 1.9 b | 2 b | 2.2 b | 2.3 b | ||||
Retained Earnings | 720.2 m | 900.4 m | 1.1 b | 1.4 b | ||||
Total Equity | 1.6 b | 1.3 b | 1.3 b | 1.2 b | ||||
Financial Leverage | 2 x | 3 x | 3.1 x | 3.6 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 178.3 m | 180.2 m | 199.4 m | 253.7 m |
Depreciation and Amortization | 74.4 m | 76.3 m | 76.1 m | 85.3 m |
Accounts Receivable | (62 m) | (120 m) | (48 m) | (119.1 m) |
Accounts Payable | 28.4 m | 71 m | 62.4 m | 71 m |
Cash From Operating Activities | 540.6 m | 622.8 m | 716.1 m | 783.7 m |
Purchases of PP&E | (79.6 m) | (45.6 m) | (41.6 m) | (69.1 m) |
Cash From Investing Activities | (108.3 m) | (325 m) | (512.1 m) | (110.1 m) |
Cash From Financing Activities | (263.1 m) | 148.2 m | (307.6 m) | (504.2 m) |
Interest Paid | 43 k | 52 k | 2 m | 2.1 m |
Income Taxes Paid | 34.7 m | 33.7 m | 63.4 m | 56.7 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 274.1 k |
Financial Leverage | 3.6 x |
Red Hat Operating Metrics
Red Hat Market Value History
Red Hat Revenue Breakdown
Red Hat Median Salaries
Source: 127 public H-1B filings from Red Hat
