![]() Red Hat Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions. | Cloud Software Group Cloud Software Group is a company that provides enterprise infrastructure software solutions. | |||
Founding Date | Founding Date 1993 | Founding Date 2022 | Founding Date 1983 | Founding Date 1998 |
Type | Type Subsidiary | Type Subsidiary | Type Public | Type Subsidiary |
Tags | ||||
Locations | Locations Raleigh, US HQ Buenos Aires, AR Brisbane, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU see more | Locations Fort Lauderdale, US HQ Zaventem, BE København, DK Helsinki, FI Paris, FR München, DE München, DE see more | Locations Waltham, US HQ Brisbane, AU Canberra, AU Melbourne, AU Sydney, AU São Paulo, BR Toronto, CA see more | Locations Palo Alto, US HQ |
Employees | Employees 19,5851% decrease | Employees 9,5221% decrease | Employees 5,5983% increase | Employees 38,300 |
Financial | ||||
Revenue (est.) | Revenue (est.) $5.6b (Y, 2021) | Revenue (est.) N/A | Revenue (est.) $1.7b (FY, 2025) | Revenue (est.) $13.4b (FY, 2023) |
Cost of goods | Cost of goods N/A | Cost of goods N/A | Cost of goods $421.4m (FY, 2025) | Cost of goods $2.5b (FY, 2023) |
Gross profit | Gross profit N/A | Gross profit N/A | Gross profit $1.3b (FY, 2025) | Gross profit $10.9b (FY, 2023) |
Net income | Net income $732m (Y, 2021) | Net income N/A | Net income $393.4m (FY, 2025) | Net income $1.3b (FY, 2023) |
Operating ⚠ | ||||
Backlog | Backlog $3.9b (Q1, 2020) | Backlog N/A | Backlog $1.5b (FY, 2023) | Backlog $22m (Q2, 2023) |
Industries Served | Industries Served 16 (Feb, 2024) | Industries Served N/A | Industries Served N/A | Industries Served 8 (Feb, 2025) |
Product Categories | Product Categories 6 (Feb, 2024) | Product Categories N/A | Product Categories N/A | Product Categories 2 (Feb, 2025) |
Remaining Performance Obligations | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations $1.5b (FY, 2023) | Remaining Performance Obligations $12.9b (Q2, 2023) |
Solutions | Solutions 5 (Feb, 2024) | Solutions N/A | Solutions N/A | Solutions 4 (Feb, 2025) |
Trademarks (US) | Trademarks (US) 57 (Feb, 2024) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 88 (Feb, 2025) |
Funding | ||||
Total funding raised | Total funding raised $ 203.3m | Total funding raised N/A | Total funding raised $ 4.6m | Total funding raised $ 393.5m |
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