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.
| Type | Public | |
| Founded | 2009 | |
| HQ | San Francisco, CA, US | Map |
| Website | slack.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- The COO of Salesforce and the CEO of Slack reveal the biggest lessons they can teach each other now that their $27.7 billion combination is complete (CRM)
- Salesforce Completes Acquisition of Slack
- Thinking about buying stock in BP, Halliburton, Virgin Galactic, Delta Air Lines, or Slack Technologies?
- Slack, Salesforce Merger Nears Closure After DoJ Drops Antitrust Review
Key People/Management at Slack
Stewart Butterfield
Co-Founder and CEO, Board Member
Cal Henderson
Co-Founder and Chief Technology Officer
Allen Shim
Chief Financial Officer
Tamar Yehoshua
Chief Product Officer
David Schellhase
General Counsel
Julie Liegl
Chief Marketing Officer
Slack Office Locations
Slack has offices in San Francisco, Chicago, Denver, New York and in 11 other locations
San Francisco, CA, US (HQ)
500 Howard St
Chicago, IL, US
71 S Wacker Dr #3440
Denver, CO, US
1681 Chestnut Pl #700
New York, NY, US
436 Lafayette St
New York, NY, US
71 5th Ave 6th Floor
San Francisco, CA, US
500 Howard St, San Francisco
Slack Financials and Metrics
Slack Revenue
Slack's revenue was reported to be $902.61 m in FY, 2021
| USD | |
|---|---|
Revenue (Q1, 2022) | 273.4m |
Gross profit (Q1, 2022) | 234.1m |
Gross profit margin (Q1, 2022), % | 85.6% |
Net income (Q1, 2022) | (27.9m) |
EBIT (Q1, 2022) | (55.3m) |
Market capitalization (22-Jul-2021) | 26.5b |
Closing stock price (22-Jul-2021) | 45.2 |
Cash (30-Apr-2021) | 1.3b |
EV | 26.1b |
Slack's current market capitalization is $26.5 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 80.9m | 92.0m | 105.6m | 134.8m | 145.0m | 168.7m | 201.7m | 215.9m | 234.5m | 273.4m |
Cost of goods sold | 10.1m | 11.4m | 13.5m | 18.6m | 31.1m | 23.1m | 25.6m | 28.4m | 32.5m | 39.2m |
Gross profit | 70.8m | 80.7m | 92.1m | 116.2m | 113.9m | 145.6m | 176.0m | 187.5m | 202.0m | 234.1m |
Gross profit Margin, % | 88% | 88% | 87% | 86% | 79% | 86% | 87% | 87% | 86% | 86% |
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|
Net Income | (24.9m) | (31.9m) | (391.5m) | (479.3m) | (74.4m) | (147.6m) | (211.2m) | (27.9m) |
Depreciation and Amortization | 2.8m | 5.9m | 12.7m | 20.4m | 6.7m | 13.6m | 21.2m | 7.5m |
Accounts Payable | 1.6m | (1.0m) | (1.4m) | 1.0m | (3.7m) | (4.0m) | 3.6m | 2.0m |
Cash From Operating Activities | 3.4m | (14.1m) | (13.8m) | (22.9m) | 8.7m | 23.2m | 56.7m | 62.8m |
| USD | FY, 2018 |
|---|---|
Financial Leverage | 1.3 x |
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, 2018 | Feb, 2018 | May, 2018 | Jan, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Sep, 2019 | Q3, 2020 | FY, 2020 | Mar, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Enterprise Customers | 500 k | 600 k | 600 k | 600 k | 660 k | 750 k | ||||||
Paid Customers | 59 k | 50 k | 70 k | 88 k | 95 k | 100 k | 105 k | 110 k | 110 k | 122 k | ||
$100k+ Enterprise Customers | 298 | 575 | 645 | 720 | 821 | 893 | 963 | |||||
Daily Active Users | 8 m | 10 m | 10 m | 10 m | 12 m | 12.5 m |
Slack Revenue Breakdown
Slack revenue breakdown by geographic segment: 37.4% from International and 62.6% from United States
Slack Cybersecurity Score
Slack Environment, Social & Governance (ESG) Ratings
Slack Online and Social Media Presence
450.89k Twitter followers
Slack has 450.89k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.1% quarter over quarter
Slack's Trends
Twitter Engagement Stats for @slackhq
278.9k
Tweets
143k
Following
450.9k
Followers
898
Tweets last 30 days
1.5
Avg. likes per Tweet
38.2%
Tweets with engagement
Slack Company Culture
Overall Culture
A+
81/100
CEO Rating
A+
91/100
Compensation
A
84/100
Diversity
B+
79/100
Slack News and Updates
July 21, 2021
The COO of Salesforce and the CEO of Slack reveal the biggest lessons they can teach each other now that their $27.7 billion combination is complete (CRM)
Summary List PlacementAs of Wednesday, Salesforce has officially closed its $27.7 billion acquisition of Slack, six months after the massive deal to acquire the workplace chat app was first announced.
The cloud software giant has not been shy about the fact that this so-called "Slackforce" deal gi…
July 21, 2021
Salesforce Completes Acquisition of Slack
SAN FRANCISCO, July 21, 2021 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced it has completed its acquisition of Slack Technologies, Inc. "We couldn't be more excited to have Slack as part of the Salesforce family, combining the #1 CRM and the...
July 20, 2021
Thinking about buying stock in BP, Halliburton, Virgin Galactic, Delta Air Lines, or Slack Technologies?
NEW YORK, July 20, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BP, HAL, SPCE, DAL, and WORK. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
July 19, 2021
Slack, Salesforce Merger Nears Closure After DoJ Drops Antitrust Review
The $27.7 billion merger between Salesforce and Slack is set to close on July 21.
July 19, 2021
Netflix Co-CEO Ted Sarandos Disputes Report of Execs Fired Over Slack Messages
Sarandos used LinkedIn to respond to the report, which had raised questions about workplace privacy at the streaming company.
July 15, 2021
Visco Warns Against Prematurely Reducing ECB Stimulus Amid Slack
Visco Warns Against Prematurely Reducing ECB Stimulus Amid Slack
Slack Blogs
August 11, 2020
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…
August 11, 2020
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…
August 11, 2020
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…
August 05, 2020
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…
August 04, 2020
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…
August 04, 2020
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…
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 2,597 employees.
What is Slack revenue?
Latest Slack annual revenue is $902.6 m.
What is Slack revenue per employee?
Latest Slack revenue per employee is $347.6 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.
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