OverviewSuggest Edit

Slack Technologies is a company developing collaboration software. It offers a team communication application that provides messaging, video and voice calls, organized conversations, integrated file sharing, searchable history, and other capabilities as well as numerous integrated third-party tools. The company serves engineering, financial services, sales, IT, marketing, customer support, HR, project management, and media industries.

TypePublic
Founded2009
HQSan Francisco, US
Websiteslack.com
Employee Ratings4.8
Overall CultureA-

Latest Updates

Employees (est.) (Jan 2020)2,045(+4%)
Job Openings141
Revenue (FY, 2020)$630.4 M(+58%)
Share Price (Nov 2020)$26.7 (+3%)
Cybersecurity ratingCMore

Key People/Management at Slack

Stewart Butterfield

Stewart Butterfield

Co-Founder and CEO, Board Member
Cal Henderson

Cal Henderson

Co-Founder and Chief Technology Officer
Allen Shim

Allen Shim

Chief Financial Officer
Tamar Yehoshua

Tamar Yehoshua

Chief Product Officer
David Schellhase

David Schellhase

General Counsel
Julie Liegl

Julie Liegl

Chief Marketing Officer
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Slack Office Locations

Slack has offices in San Francisco, Chicago, Denver, New York and in 11 other locations
San Francisco, US (HQ)
500 Howard St
Chicago, US
71 S Wacker Dr #3440
Denver, US
1681 Chestnut Pl #700
New York, US
436 Lafayette St
New York, US
71 5th Ave 6th Floor
San Francisco, US
45 Fremont St, 32nd floor
Show all (17)

Slack Financials and Metrics

Slack Revenue

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View revenue for all periods
Slack's revenue was reported to be $630.42 m in FY, 2020 which is a 57.4% increase from the previous period.
USD

Revenue (Q2, 2021)

215.9m

Gross profit (Q2, 2021)

187.5m

Gross profit margin (Q2, 2021), %

86.8%

Net income (Q2, 2021)

(73.2m)

EBIT (Q2, 2021)

(68.6m)

Market capitalization (17-Nov-2020)

15.3b

Closing stock price (17-Nov-2020)

26.7

Cash (31-Jul-2020)

1.3b

EV

14.8b
Slack's current market capitalization is $15.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

220.5m400.6m630.4m

Revenue growth, %

110%82%57%

Cost of goods sold

26.4m51.3m97.2m

Gross profit

194.2m349.3m533.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

80.9m92.0m105.6m134.8m145.0m168.7m201.7m215.9m

Cost of goods sold

10.1m11.4m13.5m18.6m31.1m23.1m25.6m28.4m

Gross profit

70.8m80.7m92.1m116.2m113.9m145.6m176.0m187.5m

Gross profit Margin, %

88%88%87%86%79%86%87%87%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

120.5m180.8m499.0m

Accounts Receivable

37.2m87.4m145.8m

Current Assets

611.9m982.7m970.4m

PP&E

43.0m88.4m102.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

256.5m498.3m476.5m1.2b1.3b

Accounts Receivable

71.6m72.5m85.0m105.8m112.0m

Prepaid Expenses

58.3m

Current Assets

924.3m918.2m917.9m1.7b1.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(140.1m)(138.9m)(568.4m)

Depreciation and Amortization

14.3m16.8m27.1m

Accounts Payable

4.9m2.8m6.7m

Cash From Operating Activities

(35.6m)(41.1m)(12.4m)
Quarterly
USDQ1, 2018Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

(24.9m)(31.9m)(391.5m)(479.3m)(74.4m)(147.6m)

Depreciation and Amortization

2.8m5.9m12.7m20.4m6.7m13.6m

Accounts Payable

1.6m(1.0m)(1.4m)1.0m(3.7m)(4.0m)

Cash From Operating Activities

3.4m(14.1m)(13.8m)(22.9m)8.7m23.2m
USDFY, 2018

Financial Leverage

1.3 x
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Slack Operating Metrics

Slack's Enterprise Customers was reported to be 750 k in Q1, 2021. Slack's Daily Active Users was reported to be 12.5 m in Mar, 2020.
FY, 2018Feb, 2018May, 2018Jan, 2019FY, 2019Q1, 2020Q2, 2020Sep, 2019Q3, 2020FY, 2020Mar, 2020Q1, 2021

Enterprise Customers

500 k600 k600 k600 k660 k750 k

Paid Customers

59 k50 k70 k88 k95 k100 k105 k110 k110 k122 k

$100k+ Enterprise Customers

298 575 645 720 821 893 963

Daily Active Users

8 m10 m10 m10 m12 m12.50 m
Show all operating metrics

Slack Acquisitions / Subsidiaries

Company NameDateDeal Size
RimetoJuly 08, 2020
Astro TechnologySeptember 24, 2018
HipChatJuly 27, 2018
StrideJuly 27, 2018
MissionsJuly 17, 2018
Screenhero, IncJanuary 28, 2015
Slack Australia Pty Limited
Slack Canada Ltd
Slack France
Slack Fund L.L.C.
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Slack Revenue Breakdown

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Slack revenue breakdown by geographic segment: 37.4% from International and 62.6% from United States

Show all human capital metrics

Slack Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Slack Online and Social Media Presence

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Slack Company Culture

  • Overall Culture

    A-

    81/100

  • CEO Rating

    A+

    93/100

  • Compensation

    A

    85/100

  • Diversity

    B

    79/100

Learn more on Comparably

Slack News and Updates

Microsoft Teams is adding new integrations to its video calls as it competes with Slack and Zoom and positions itself as a 'hub for collaborative work' (MSFT, WORK, ZM)

Summary List Placement Microsoft is adding new integrations to its chat and collaboration tool Teams as it competes with Zoom and Slack to become the top destination for shared work. Users will now be able to add new third-party apps to Teams meetings, which they can interact with while in a video …

Are you breaking these 5 unwritten Slack etiquette rules?

There is a time and a place to use Slack. Here’s how to make sure you’re getting intra-office communication right. While teams have been using Slack for communication and collaboration since long before COVID-19, the platform became a good substitute for watercooler talk when working arrangements we…

Cut Your Colleagues Some Slack This Week. Everyone’s Way Too Stressed.

Lay off the judgment if your co-workers aren't productive right now, because everyone deals with stress differently.

Slack says it's aware that 'some users are experiencing issues' sending messages and is working to fix the problem (WORK)

Summary List PlacementSome Slack users appear to be experiencing "degraded performances and connectivity issues" with the workplace messaging software on Friday morning. "Users may have issues sending messages, APIs or general slowness on Slack," the company posted on its website. The company tweet…
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Slack Blogs

Turn your Slack data into actionable insights with the new Splunk app

It’s no secret that humans aren’t great at analyzing data on our own, particularly when it comes to massive, unstructured data sets. The good news is there’s Splunk, which is designed to help investigate, monitor, analyze and take action on data.  With Splunk’s Data-to-Everything Platform, companies…

Introducing powerful new layers of enterprise-grade security

In the wake of the Covid-19 pandemic, digital transformation is happening at warp speed. The kind of widespread technological adaptation we expected to see years from now has been truncated to a matter of months as organizations adopt cloud solutions to keep their teams connected. And as more and mo…

Slack Announces Date of Second Quarter Fiscal Year 2021 Financial Results

SAN FRANCISCO, August 10, 2020—Slack Technologies, Inc. (NYSE:WORK) today announced that it will report its financial results for the second quarter of fiscal year 2021, ended July 31, 2020, following the close of the U.S. markets on Tuesday, September 8, 2020. Slack will host a conference call that…

Update on extended work from home for Slack employees

As hopes for a quick recovery from the coronavirus pandemic have faded, it’s time to think more broadly about how we work. After all, successfully adapting to remote work depends on much more than replicating at home the same processes we once carried out in a physical office. In order to rethink ho…

Le Wagon scales one the world’s best coding bootcamps with Slack

For anyone interested in breaking into the technology industry or taking their computer programming and leadership skills to the next level, international coding bootcamp Le Wagon is here to help. Founded in Paris in 2013, Le Wagon has since expanded to 39 cities in 20 countries. And Slack, the chan…

New guide: Navigating the disruption of work

We don’t have to tell you all the ways work has changed over the past few months. If you worked in an office, you probably don’t right now. In-person meetings have been replaced by video conferencing, the nursery has become a study and your old routine is probably toast. Across the globe, organizati…
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Slack Frequently Asked Questions

  • When was Slack founded?

    Slack was founded in 2009.

  • Who are Slack key executives?

    Slack's key executives are Stewart Butterfield, Cal Henderson and Allen Shim.

  • How many employees does Slack have?

    Slack has 2,045 employees.

  • What is Slack revenue?

    Latest Slack annual revenue is $630.4 m.

  • What is Slack revenue per employee?

    Latest Slack revenue per employee is $308.3 k.

  • Who are Slack competitors?

    Competitors of Slack include Microsoft Teams, Flock and Telegram.

  • Where is Slack headquarters?

    Slack headquarters is located at 500 Howard St, San Francisco.

  • Where are Slack offices?

    Slack has offices in San Francisco, Chicago, Denver, New York and in 11 other locations.

  • How many offices does Slack have?

    Slack has 17 offices.