OverviewSuggest Edit

SecureWorks is a company providing intelligence-driven information security solutions. It offers managed detection and response services, adversarial security testing, managed security solutions, security consulting, cloud, endpoint and network security, and threat intelligence services. The company also offers Red Cloak, an endpoint threat detection tool that helps clients reduce the time to detect threats in their environment and reduce the efforts to respond to those threats.
TypePublic
Founded1999
HQAtlanta, GA, US
Websitesecureworks.com
Employee Ratings3.8
Overall CultureD-

Latest Updates

Employees (est.) (Jan 2020)2,663
Revenue (FY, 2021)$561 M(+2%)
Share Price (Jul 2021)$22.9
Cybersecurity ratingBMore

Key People/Management at SecureWorks

Michael R. Cote

Michael R. Cote

Chief Executive Officer and Director
Ian Bancroft

Ian Bancroft

Chief Sales Officer
Wendy Thomas

Wendy Thomas

President of Customer Success
Pamela Daley

Pamela Daley

Director
Buno Pati

Buno Pati

Director
Michael S. Dell

Michael S. Dell

Director and Chairman of the Board
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SecureWorks Office Locations

SecureWorks has offices in Atlanta, Providence, Frenchs Forest, Saint-Denis and in 6 other locations
Atlanta, GA, US (HQ)
1 Concourse Pkwy
Providence, RI, US
15 Park Row W
Frenchs Forest, AU
Building 3/14 Aquatic Dr
Saint-Denis, FR
8 Avenue du Stade de France
Hyderabad, IN
42, Hitech City Rd, Sri Rama Colony, Madhapur
Kawasaki, JP
580 Horikawachō, Saiwai-ku
Show all (11)

SecureWorks Financials and Metrics

SecureWorks Revenue

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SecureWorks's revenue was reported to be $561.03 m in FY, 2021
USD

Revenue (FY, 2021)

561.0m

Gross profit (FY, 2021)

318.9m

Gross profit margin (FY, 2021), %

56.8%

Net income (FY, 2021)

(21.9m)

EBIT (FY, 2021)

(32.8m)

Market capitalization (22-Jul-2021)

1.9b

Closing stock price (22-Jul-2021)

22.9

Cash (29-Jan-2021)

220.3m

EV

1.7b
SecureWorks's current market capitalization is $1.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

467.9m518.7m552.8m561.0m

Revenue growth, %

11%7%

Cost of goods sold

226.7m246.1m252.8m242.2m

Gross profit

241.2m272.6m300.0m318.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

113.6m116.1m117.5m126.2m128.8m133.1m132.8m136.6m141.3m141.2m138.5m141.6m

Cost of goods sold

53.9m56.3m55.7m60.5m62.5m62.1m62.8m63.6m61.6m62.9m59.9m59.6m

Gross profit

59.7m59.8m61.8m65.6m66.2m70.9m70.0m73.0m79.8m78.3m78.6m82.0m

Gross profit Margin, %

53%51%53%52%51%53%53%53%56%55%57%58%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(28.1m)(39.1m)(31.7m)(21.9m)

Depreciation and Amortization

42.2m41.2m42.9m41.6m

Inventories

917.0k562.0k(278.0k)186.0k

Accounts Payable

3.3m(6.1m)7.0m(1.5m)
USDQ1, 2018

Financial Leverage

1.4 x
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SecureWorks Operating Metrics

SecureWorks's Subscribers was reported to be 4.1 k in FY, 2020. SecureWorks's Enterprise Customers was reported to be 5.2 k in FY, 2020.
Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Enterprise Customers

5 k4.7 k4.6 k4.9 k4.99 k5.2 k

Subscribers

4.4 k4.4 k4.4 k4.4 k4.4 k4.3 k4.3 k4.2 k4.1 k4.1 k4.1 k4.1 k

Monthly Recurring Revenue

$31.9 m$32.3 m$33.4 m$35.3 m$35.5 m$36.2 m$35.1 m$36.2 m$36.1 m$36.5 m$36.9 m$36.5 m

Annual Recurring Revenue

$423 m$434.1 m$433 m$437.6 m$442.8 m$437.5 m
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SecureWorks Acquisitions / Subsidiaries

Company NameDateDeal Size
Delve SecuritySeptember 10, 2020
SecureWorks Australia Pty. Ltd.
SecureWorks Europe Limited
SecureWorks Europe S.R.L.
SecureWorks, Inc.
SecureWorks India Private Limited
SecureWorks Japan K.K.
SecureWorks SAS

SecureWorks Revenue Breakdown

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SecureWorks revenue breakdown by business segment: 24.1% from Security and Risk Consulting and 75.9% from Managed Security Solutions

SecureWorks revenue breakdown by geographic segment: 25.4% from International and 74.6% from United States

SecureWorks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

SecureWorks Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

SecureWorks Online and Social Media Presence

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SecureWorks Company Culture

  • Overall Culture

    D-

    56/100

  • CEO Rating

    D+

    62/100

  • Compensation

    D

    51/100

  • Diversity

    D

    58/100

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SecureWorks News and Updates

Secureworks Expands International Operations To Meet Growing Partner And Customer Demand

ATLANTA and FRANKFURT, Germany, July 13, 2021 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced its new Taegis™ XDR (Extended Detection and Response) cloud data storage instance in Frankfurt, Germany, for European Union (EU) customers and...

Secureworks Welcomes Tracey Mustacchio as Chief Marketing Officer

Cybersecurity and data analytics executive to accelerate Secureworks market expansion Cybersecurity and data analytics executive to accelerate Secureworks market expansion

Secureworks Reports First Quarter Fiscal 2022 Results

ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its first quarter, which ended on April 30, 2021.

Michael R. Cote to Retire as Secureworks CEO; Board Appoints Wendy K. Thomas as Next President & CEO

ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) -- Secureworks® (NASDAQ:SCWX), a global leader in cybersecurity, today announced that Chief Executive Officer Michael R. Cote is retiring as CEO and a member of the Secureworks Board of Directors, effective Sept. 3, 2021. The Secureworks Board of Directors u…

Secureworks expands throughout Asia Pacific with NEXTGEN distribution agreement for Taegis™ XDR

Secureworks’ Taegis™ security analytics platform provides unified detection and response across cloud, network, and endpoint environments Secureworks’ Taegis™ security analytics platform provides unified detection and response across cloud, network, and endpoint environments

Secureworks to Report First Quarter Fiscal 2022 Financial Results on June 3, 2021

ATLANTA, May 18, 2021 (GLOBE NEWSWIRE) -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its first quarter fiscal 2022 financial results Thursday, June 3, 2021, before the open of regular U.S. stock market trading hours.
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SecureWorks Frequently Asked Questions

  • When was SecureWorks founded?

    SecureWorks was founded in 1999.

  • Who are SecureWorks key executives?

    SecureWorks's key executives are Michael R. Cote, Ian Bancroft and Wendy Thomas.

  • How many employees does SecureWorks have?

    SecureWorks has 2,663 employees.

  • What is SecureWorks revenue?

    Latest SecureWorks annual revenue is $561 m.

  • What is SecureWorks revenue per employee?

    Latest SecureWorks revenue per employee is $210.7 k.

  • Who are SecureWorks competitors?

    Competitors of SecureWorks include ThreatQuotient, Recorded Future and HackerOne.

  • Where is SecureWorks headquarters?

    SecureWorks headquarters is located at 1 Concourse Pkwy, Atlanta.

  • Where are SecureWorks offices?

    SecureWorks has offices in Atlanta, Providence, Frenchs Forest, Saint-Denis and in 6 other locations.

  • How many offices does SecureWorks have?

    SecureWorks has 11 offices.