Silver Spring

Silver Spring Networks builds networks that enable a utility to make the business changes necessary today to improve efficiency, reliability, and customer service while reducing costs. Built for real-time networking, its open standards permit multiple vendors to innovate new products and services for the utility while remaining scalable and secure for system-wide implementation. Seamlessly integrate these new networking technologies while simultaneously building in redundancy, integrity and reliability and increasing operational efficiencies.

Company Growth (employees)
San Jose, US
Size (employees)
702 (est)+8%
Silver Spring was founded in 2002 and is headquartered in San Jose, US

Key People at Silver Spring

Michael Bell

Michael Bell

President, CEO
Rick Arnold

Rick Arnold

General Counsel & Secretary

Silver Spring Office Locations

Silver Spring has offices in San Jose, Chicago, Escondido, San Antonio and in 9 other locations
San Jose, US (HQ)
230 W Tasman Dr
São Paulo, BR
1089 Av. Roque Petroni Júnior
Paris, FR
26 Boulevard Malesherbes
London, GB
305 1 Eversholt St
Singapore, SG
02 11 460 Alexandra Rd
Melbourne, AU
25 360 Collins St
San Antonio, US
1200 300 Convent St
Escondido, US
105 120 W Grand Ave
Chicago, US
4025 Willis Tower 233 S Wacker Dr

Silver Spring Metrics

Silver Spring Financial Metrics

Revenue (2016)

$311 m

Revenue growth (2015-16), %


Gross profit

($172.5 b)

Gross profit margin (2016), %


Net income (2016)

($21.6 m)

Market capitalization (28-Apr-2017)

$605.2 m

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$50.4 m
Silver Spring's current market capitalization is $605.2 m.
Silver Spring's revenue was reported to be $311 m in FY, 2016 which is a 36% decrease from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$326.9 m$191.3 m$489.6 m$311 m

Revenue growth, %


Cost of goods sold

$166.1 m$115.3 m$150.3 m$77.2 m$202.4 m$172.8 b

Gross profit

$176.5 m$114.1 m$287.1 m($172.5 b)

Gross profit Margin, %


Operating expense total

$157.1 m$144.2 m$142.8 m$158.1 b


($41.8 m)($87.9 m)$83 m($19.9 b)

EBIT margin, %


Interest expense

$343 k$4.3 m$1.2 m$132 k$52 k$7 m

Interest income

$86 k$316 k$468 k$470 m

Pre tax profit

($66.6 m)($87.7 m)$83.1 m($19.3 b)

Income tax expense

$363 k$390 k$224 k$1.4 m$3.1 m($2.4 b)

Net Income

($66.8 m)($89.2 m)$80 m($21.6 m)
Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


$42.7 m$71.7 m$72.6 m$82.6 m$60.5 m$65.3 m$50.4 m

Accounts Receivable

$69.7 m$54.7 m$47.8 m$44.8 m


$4.8 m$5.1 m$10.8 m$12.5 m

Current Assets

$262.1 m$222.3 m$384.5 m$378.4 m


$12.4 m$12.9 m$14.1 m$29 m

Total Assets

$516.4 m$548.2 m$457.7 m$447.1 m

Accounts Payable

$31.3 m$27.5 m$30.6 m$26.8 m

Current Liabilities

$166.7 m$143.9 m$378.8 m$363.2 m

Additional Paid-in Capital

$539 m$573.3 m$594.3 m$618.6 m

Retained Earnings

($617.3 m)($706.4 m)($626.4 m)($648.1 m)

Total Equity

($78.1 m)($133.8 m)

Financial Leverage

-6.6 x-4.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($66.8 m)($89.2 m)$80 m($21.6 m)

Depreciation and Amortization

$6.6 m$6.5 m$7.8 m$8.6 m

Accounts Receivable

($13 m)$15.6 m$7.4 m$3.1 m


($1.2 m)($724 k)($5.1 m)$2.3 m

Accounts Payable

$2.8 m($4.1 m)$3.1 m($4.5 m)

Cash From Operating Activities

$10 m($8.8 m)$19.7 m$20.8 m

Purchases of PP&E

($4 m)($6.1 m)($5.4 m)($24.8 m)

Cash From Investing Activities

($67.2 m)($12.3 m)($11.7 m)($33.9 m)

Cash From Financing Activities

$77.1 m($983 k)($3 m)($1.6 m)

Silver Spring Operating Metrics

FY, 2016

Network Users

25.5 m

Silver Spring Market Value History

Silver Spring Revenue Breakdown

Silver Spring Job Categories

Silver Spring Online Presence

Silver Spring News

Silver Spring Company Life

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