Red Hat is a multinational software company engaged in providing open-source software products to the enterprise community. The Company is dedicated to free and open source software and is a major Linux distribution vendor . It is best known for its enterprise operating system Red Hat Enterprise Linux and more recently through the acquisition of open source enterprise middleware vendor JBoss. Red Hat provides operating system platforms along with middleware, applications and management solutions, as well as support, training and consulting services.

Company Growth (employees)
Type
Public
HQ
Raleigh, US
Founded
1993
Size (employees)
10,500 (est)+20%
Website
redhat.com
Red Hat was founded in 1993 and is headquartered in Raleigh, US

Key People at Red Hat

Paul Cormier

Paul Cormier

Executive vice president and president, Products and Technologies
Mandeep Chaddha

Mandeep Chaddha

Vice president of Operations and Enterprise Data Strategy
DeLisa Alexander

DeLisa Alexander

Executive vice president and chief people officer
Michael Cunningham

Michael Cunningham

Executive vice president and general counsel
Mike Kelly

Mike Kelly

Chief information officer

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
USD

Net income (Q1, 2018)

73.2 m

EBIT (Q1, 2018)

87.6 m

Market capitalization (19-Sep-2017)

19.5 b

Cash (31-May-2017)

1.2 b
Red Hat's current market capitalization is $19.5 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

909.3 m1.1 b1.3 b1.3 b1.8 b2.1 b2.4 b

Revenue growth, %

25%17%1%34%15%18%

Cost of goods sold

232.6 m273.2 m309.6 m

Gross profit

1.1 b1.5 b1.7 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Sales and marketing expense

174.5 m187.2 m198.9 m205.1 m215.8 m243.2 m253.3 m267.1 m296.5 m

R&D expense

95.3 m90.6 m97.4 m102.5 m104.9 m115 m121.3 m122.5 m137.2 m

General and administrative expense

44.7 m39.5 m42.4 m44.1 m53 m50.2 m55.7 m54.5 m54.9 m

Operating expense total

314.5 m317.3 m338.7 m351.7 m373.7 m408.5 m430.3 m444 m488.5 m
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017

Cash

388.1 m642.6 m549.2 m487.1 m646.7 m1 b927.8 m1.1 b

Accounts Receivable

183 m

Current Assets

1.6 b2 b1.9 b2.3 b

Goodwill

687.4 m927.1 m1 b1 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

585.4 m884 m990.9 m991.6 m942 m1 b970.6 m916.7 m1.2 b

Current Assets

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

Goodwill

870.1 m939.6 m924.7 m928.2 m1 b1 b1.1 b1 b1 b

Total Assets

3.1 b3.5 b3.8 b3.8 b3.9 b4.1 b4.1 b4.1 b4.5 b
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

Accounts Receivable

(62 m)(120 m)(48 m)(119.1 m)

Accounts Payable

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

Net Income

46.8 m47.9 m48.1 m51.4 m46.8 m61.2 m58.8 m67.9 m73.2 m

Depreciation and Amortization

19.5 m18.7 m18.5 m18.5 m19.9 m20.7 m21.2 m21.9 m21.8 m

Accounts Receivable

(18.3 m)(75.9 m)179.4 m(17.9 m)(97 m)190.3 m(30.7 m)(73.1 m)208.8 m

Accounts Payable

27.3 m26.3 m(52.3 m)34.4 m21.9 m(38.1 m)18.6 m(10.8 m)(55.3 m)
Y, 2017

Financial Leverage

3.5 x
Show all financial metrics

Red Hat Operating Metrics

FY, 2015FY, 2016FY, 2017

Bookings

$1.86 b$2.13 b$2.75 b
Show all operating metrics

Red Hat Market Value History

Red Hat Revenue Breakdown

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

Red Hat Median Salaries

Source: 127 public H-1B filings from Red Hat
Show all human capital metrics

Traffic Overview of Red Hat

Red Hat Online and Social Media Presence

Red Hat Company Life and Culture

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