Silicon Graphics International Corp. (SGI) is engaged in providing solutions for compute, data analytics and data management. The company develops, markets and sells a line of mid-range and high-end scale-out and scale-up servers, enterprise-class storage, differentiating software and designed-to-order solutions for data center deployments. The firm operates through the segments, including Product and Service. The Company's Product segment consists of compute and storage solutions, which include products from both HPC and HPDA segments. The Company's Product segment includes scale-out computing, scale-up computing, software and cloud/Web solutions. Its storage solutions include both hardware and software offerings for data storage and management. The Service segment consists of customer service support and professional services. SGI systems enable customers to access, analyze, transform, manage and visualize information in real and near real-time.
Type
Subsidiary
Parent Company
Hewlett Packard Enterprise
HQ
Milpitas, US
Founded
1980
Website
sgi.com
SGI was founded in 1980 and is headquartered in Milpitas, US

SGI Office Locations

SGI has offices in Milpitas, Jessup, Eagan, Chippewa Falls and in 21 other locations
Milpitas, US (HQ)
900 N McCarthy Blvd
Beijing, CN
Guo Jia Zong Jiao Shi Wu Ju
Camberwell, AU
4 691 Burke Rd
Milton, AU
40-52 McDougall St
Eastwood, AU
225 Fullarton Rd
Macquarie Park, AU
4 11-17 Khartoum Rd
Show all (25)

SGI Data and Metrics

SGI Summary

Founding Date

1980
SGI is a subsidiary of Hewlett Packard Enterprise

SGI Financial Metrics

SGI's revenue was reported to be $532.9 m in FY, 2016
USDFY, 2014FY, 2015FY, 2016

Revenue

529.9 m521.3 m532.9 m

Revenue growth, %

(31%)(2%)2%

Cost of goods sold

391.5 m386.6 m388.4 m

Gross profit

138.4 m134.6 m144.5 m

Gross profit Margin, %

26%26%27%

Sales and marketing expense

72.7 m61.5 m51.5 m

R&D expense

63.5 m53.2 m50.7 m

General and administrative expense

55.8 m53.9 m47.9 m

Operating expense total

193.3 m168.7 m145.7 m

EBIT

(54.8 m)(34.1 m)(1.1 m)

EBIT margin, %

(10%)(7%)(0%)

Interest expense

117 k3.7 m7.9 m

Pre tax profit

(52.8 m)(38.7 m)(11.8 m)

Income tax expense

12 k(440 k)626 k

Net Income

(52.8 m)(39.1 m)(11.2 m)
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016

Revenue

147.5 m116.1 m124.3 m111.7 m138.2 m118.5 m126.3 m151.8 m132.1 m

Cost of goods sold

109.3 m82.6 m93.2 m79.3 m101.3 m84.8 m97.8 m111 m94.3 m

Gross profit

38.2 m33.5 m31.1 m32.4 m36.8 m33.7 m28.5 m40.8 m37.8 m

Gross profit Margin, %

26%29%25%29%27%28%23%27%29%

Sales and marketing expense

17.6 m18.8 m19.1 m15.9 m16.8 m14.2 m12.6 m13.8 m12.3 m

R&D expense

14.8 m14.9 m17.3 m13.2 m14.8 m13 m13.2 m13 m12.7 m

General and administrative expense

12.5 m14.5 m16.4 m13.3 m15.3 m12.8 m11.9 m12.6 m12.2 m

Operating expense total

44.9 m48.3 m52.9 m42.4 m46.8 m40.1 m37.7 m39.4 m37.3 m

EBIT

(7.2 m)(14.9 m)(21.8 m)(10.1 m)(10 m)(6.4 m)(9.2 m)1.4 m4.9 m

EBIT margin, %

(5%)(13%)(18%)(9%)(7%)(5%)(7%)1%4%

Interest expense

(7 k)(46 k)(41 k)(42 k)(58 k)(1.6 m)(2 m)(2 m)(2 m)

Interest income

(7 k)(46 k)(41 k)

Pre tax profit

(6.9 m)(13.3 m)(21.3 m)(10 m)(10.3 m)(8.6 m)(11.3 m)(79 k)1.1 m

Income tax expense

71 k431 k548 k324 k129 k128 k249 k400 k376 k

Net Income

(6.8 m)(13.7 m)(21.9 m)(10.3 m)(10.4 m)(8.8 m)(11.6 m)(12.1 m)(11.3 m)
USDFY, 2014FY, 2015FY, 2016

Cash

109.3 m67.2 m92.9 m

Accounts Receivable

72.1 m118.2 m85.8 m

Inventories

47.4 m82.8 m55.9 m

Current Assets

263 m300 m264 m

PP&E

34.6 m38.5 m40.5 m

Goodwill

13.2 m11.3 m10.6 m

Total Assets

364.9 m387.6 m356.1 m

Accounts Payable

53.1 m48.7 m55.8 m

Total Debt

68.7 m64.5 m

Current Liabilities

205.5 m199.2 m167.4 m

Total Liabilities

282.8 m334.2 m300.9 m

Additional Paid-in Capital

527.5 m543.5 m557.5 m

Retained Earnings

(422.8 m)(462 m)(473.2 m)

Total Equity

82.2 m53.4 m55.2 m

Debt to Equity Ratio

1.3 x1.2 x

Debt to Assets Ratio

0.2 x0.2 x

Financial Leverage

4.4 x7.3 x6.5 x
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016

Cash

160.1 m113.4 m76.1 m89.5 m79.3 m79.9 m94.9 m68.4 m99 m

Inventories

56 m71.5 m71.7 m65.4 m76.6 m100.4 m92.2 m66 m51.8 m

Current Assets

329.5 m293.8 m281.7 m255.8 m244.4 m291.9 m269.2 m263.3 m260.4 m

PP&E

28.8 m27.7 m28.6 m34.6 m37.4 m37.7 m39.9 m41.1 m40.8 m

Goodwill

17.1 m13 m11.7 m11.5 m11.2 m11 m10.8 m

Total Assets

406.7 m380.3 m369.9 m356 m347.8 m395.1 m358.9 m356.2 m352.6 m

Accounts Payable

58.3 m56.8 m48.6 m62.7 m57.7 m45.7 m49.1 m46.1 m46.5 m

Current Liabilities

204.8 m197.2 m198.6 m206.7 m196.7 m193.2 m177.9 m170.2 m165.2 m

Additional Paid-in Capital

517.1 m520.4 m525.8 m532.4 m536 m541 m548.6 m551.4 m555.7 m

Retained Earnings

(376.9 m)(390.5 m)(412.4 m)(433.2 m)(443.6 m)(452.4 m)(473.6 m)(474 m)(473.3 m)

Total Equity

126.3 m110.3 m93.8 m75 m64 m60.9 m47.6 m50.1 m54.6 m

Financial Leverage

3.2 x3.4 x3.9 x4.7 x5.4 x6.5 x7.5 x7.1 x6.5 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(52.8 m)(39.1 m)(11.2 m)

Depreciation and Amortization

14.5 m11.2 m11.1 m

Accounts Receivable

(13 m)(50.9 m)35.3 m

Inventories

10.1 m(44 m)19.5 m

Accounts Payable

2.2 m(3.5 m)6.6 m

Cash From Operating Activities

(33.1 m)(97.2 m)27.4 m

Purchases of PP&E

(16.8 m)(6.5 m)(5.8 m)

Cash From Investing Activities

(26.3 m)(6.8 m)(470 k)

Cash From Financing Activities

(5.5 m)65.5 m(4.1 m)

Interest Paid

136 k1.3 m7.3 m
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016

Net Income

(6.8 m)(13.7 m)(21.9 m)(10.3 m)(10.4 m)(8.8 m)(11.6 m)(12.1 m)(11.3 m)

Depreciation and Amortization

2.7 m5.4 m8.3 m

Accounts Receivable

63 m14.6 m39.7 m

Inventories

(10 m)12.7 m25.2 m

Accounts Payable

140 k(1.8 m)(1.8 m)

Cash From Operating Activities

27.3 m3.4 m31.3 m

Purchases of PP&E

(2.4 m)(4.6 m)(5.3 m)

Cash From Investing Activities

(2.4 m)(4.5 m)(1.1 m)

Cash From Financing Activities

2.4 m1.6 m797 k

Interest Paid

1.8 m3.6 m5.4 m

SGI Operating Metrics

FY, 2016

Patents and Patent Applications

550

Partners

325

Customers

6.5 k

Countries

50

SGI Revenue Breakdown

Traffic Overview of SGI

SGI Online and Social Media Presence

SGI News and Updates

Hewlett Packard Enterprise picks up SGI for $275 million

 The last decade-plus hasn’t been great for SGI. The company formerly known as Silicon Graphics declared Chapter 11 in 2009. That same year, it was sold to Rackable for a song, with that company somewhat confusingly changing its own name to SGI (short for Silicon Graphics International) during the p…

Hewlett Packard Enterprise acquires SGI for $275 million

Hewlett Packard Enterprise, which split from HP last year, today announced that it has acquired SGI, a company that makes servers, storage, and software for high-performance computing, for $275 million in cash and debt. SGI (originally known as Silicon Graphics) was cofounded in 1981 by Jim Clark, w…

SGI Company Life and Culture

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