OverviewSuggest Edit

Sapiens International Corporation is a provider of software solutions for the insurance industry. It offers digital software platforms, solutions, and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers’ compensation, and financial markets. The portfolio features policy administration, billing and claims, underwriting, illustration, and electronic application, as well as reinsurance and decision management software.

TypePublic
Founded1982
HQHolon, IL
Websitesapiens.com
Employee Ratings3.7
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)2,959(+25%)
Job Openings302
Revenue (FY, 2018)$289.7 M(+8%)
Share Price (Nov 2021)₪109.7
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Sapiens International

Roni Giladi

Roni Giladi

Chief Financial Officer
Liana Gelikas

Liana Gelikas

President, P&C and Reinsurance Division
Alex Zukerman

Alex Zukerman

Chief Strategy Officer
Jamie Yoder

Jamie Yoder

North America President & General Manager
Shay Assaraf

Shay Assaraf

Chief Marketing Officer
Ben Shory

Ben Shory

Corporate CTO and Digital Division Manager
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Sapiens International Office Locations

Sapiens International has offices in Holon, Bethlehem, Bradenton, Cedar Rapids and in 32 other locations
Holon, IL (HQ)
Azrieli Center, 26 Harokmim St
Sydney, AU
Level 7/111 Elizabeth St
Antwerpen, BE
Lange Lozanastraat 142
Mississauga, CA
10 Kingsbridge Garden Cir #401
Mississauga, CA
4230 Sherwoodtowne Blvd suite 200, office 2
København, DK
Rådhuspladsen 16, 1st floor
Show all (40)

Sapiens International Financials and Metrics

Sapiens International Revenue

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View revenue for all periods
Sapiens International's revenue was reported to be $289.71 m in FY, 2018 which is a 7.6% increase from the previous period.
USD

Revenue (Q1, 2019)

76.8m

Gross profit (Q1, 2019)

29.8m

Gross profit margin (Q1, 2019), %

38.8%

Net income (Q1, 2019)

5.2m

EBIT (Q1, 2019)

8.1m

Market capitalization (10-Nov-2021)

599.8b

Closing stock price (10-Nov-2021)

109.7

Cash (31-Mar-2019)

63.4m

EV

599.8b
Sapiens International's current market capitalization is ₪599.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

216.2m269.2m289.7m

Revenue growth, %

25%8%

Cost of goods sold

130.4m175.7m180.1m

Gross profit

85.8m93.5m109.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

56.5m69.0m72.0m71.0m72.2m73.2m76.8m

Cost of goods sold

37.4m45.7m46.8m44.0m45.3m45.4m47.0m

Gross profit

19.1m23.3m25.2m27.0m26.9m27.8m29.8m

Gross profit Margin, %

34%34%35%38%37%38%39%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

60.9m71.5m64.6m

Accounts Receivable

34.7m41.7m39.0m

Current Assets

120.2m131.0m130.0m

PP&E

9.8m10.7m8.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

35.1m46.4m80.5m61.7m59.2m64.1m63.4m

Accounts Receivable

52.8m50.0m54.5m53.3m55.3m63.2m64.2m

Current Assets

96.0m105.1m144.9m122.6m122.2m134.9m135.6m

PP&E

10.9m10.4m9.3m10.2m9.2m9.0m8.6m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

19.6m556.0m14.0m

Depreciation and Amortization

10.0m15.9m19.9m

Accounts Payable

1.1m(1.4m)(1.9m)

Cash From Operating Activities

26.0m9.2m27.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(2.2m)(5.8m)(2.9m)2.8m5.0m10.2m5.2m

Depreciation and Amortization

3.2m7.1m11.5m5.2m9.9m14.7m4.6m

Accounts Payable

(771.0k)(512.0k)(1.2m)(3.0m)(4.9m)1.7m(426.0k)

Cash From Operating Activities

(7.3m)7.1m5.1m8.8m9.5m15.8m10.6m
USDFY, 2016

Revenue/Employee

112.1k

Financial Leverage

1.3 x
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Sapiens International Operating Metrics

Sapiens International's Customers was reported to be 450 in Q1, 2019.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019

Customers

190190200200200400400400400400400400450450

Countries

2525
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Sapiens International Acquisitions / Subsidiaries

Company NameDateDeal Size
sum.cumoFebruary 06, 2020
Adaptik CorporationFebruary 07, 2018
knowledgepriceJanuary 03, 2018
StoneRiverFebruary 15, 2017$102 m
Maximum Processing IncJune 07, 2016
InssecoJuly 28, 2015$9.1 m
IBEXI SolutionsApril 02, 2015$6 m
Formula Insurance SolutionJuly 21, 2011
Harcase SoftwareApril 28, 2010
Formula Insurance Solutions France (F.I.S France)
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Sapiens International Revenue Breakdown

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Sapiens International revenue breakdown by geographic segment: 47.1% from North America, 44.4% from Europe and 8.5% from Other

Sapiens International Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Sapiens International Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

0-29

out of 100

CSRHub logo

Sapiens International Online and Social Media Presence

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Sapiens International Company Culture

  • Overall Culture

    F

    19/100

  • CEO Rating

    F

    10/100

  • Compensation

    F

    10/100

Learn more on Comparably

Sapiens International Blogs

Sapiens Reports Third Quarter 2021 Financial Results

November 3, 2021 – Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the third quarter ended September 30, 2021. Summary Results for Third Quarter 2021 (USD in millions, ex…

Sapiens Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, Europe

Sapiens recognized for completeness of vision and ability to execute Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens was positioned as a Leader in 2021 Gartner Magic Quadrant for Life …

Guardian Group Selects Sapiens to Accelerate its Underwriting Processes and Achieve Automation for 95% of Cases

Sapiens solution will transform Guardian’s consumer/agent experience, enabling consistency of underwriting practices across the group and smarter underwriting Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announ…

Sapiens Recognized as a Leader in Gartner® Magic Quadrant TM for Non-Life-Insurance Platforms, Europe*

Sapiens IDITSuite Recognized for Completeness of Vision and Ability to Execute Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens was positioned as a Leader in Gartner Magic Quadrant for …

Berkshire Hathaway GUARD Insurance Companies Achieve Agility and Decision Automation with Sapiens Decision

Sapiens no-code Decision automation platform empowers GUARD’s business users to provide accurate quotes in real time, managing business logic directly with agility Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, a…

SAPIENS TO ANNOUNCE THIRD QUARTER 2021 FINANCIAL RESULTS ON NOVEMBER 3, 2021

Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it will report financial results for the third quarter that ended on September 30, 2021, on Wednesday, November 3, 2021. The company will host a…
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Sapiens International Frequently Asked Questions

  • When was Sapiens International founded?

    Sapiens International was founded in 1982.

  • Who are Sapiens International key executives?

    Sapiens International's key executives are Roni Giladi, Liana Gelikas and Alex Zukerman.

  • How many employees does Sapiens International have?

    Sapiens International has 2,959 employees.

  • What is Sapiens International revenue?

    Latest Sapiens International annual revenue is $289.7 m.

  • What is Sapiens International revenue per employee?

    Latest Sapiens International revenue per employee is $97.9 k.

  • Who are Sapiens International competitors?

    Competitors of Sapiens International include Guidewire Software, Duck Creek Technologies and Majesco.

  • Where is Sapiens International headquarters?

    Sapiens International headquarters is located at Azrieli Center, 26 Harokmim St, Holon.

  • Where are Sapiens International offices?

    Sapiens International has offices in Holon, Bethlehem, Bradenton, Cedar Rapids and in 32 other locations.

  • How many offices does Sapiens International have?

    Sapiens International has 40 offices.