OverviewSuggest Edit

Spirent Communications is a provider of test and assurance solutions for networks, cybersecurity, and positioning. The company operates in three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet and IP, mobile, and global satellite navigation systems. The Lifecycle Service Assurance segment develops active test and analytics solutions for service turn-up, network performance improvement, and customer experience management. The Connected Devices segment develops automated test systems and offers services to test new devices in the lab or on networks.
TypePublic
Founded1936
HQCrawley, GB
Websitespirent.com
Employee Ratings4.2
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2020)1,419(+3%)
Job Openings12
Revenue (FY, 2020)$522.4 M(+4%)
Share Price (May 2022)£2.3(-2%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Spirent

Eric Updyke

Eric Updyke

Chief Executive Officer, Director
Paula Bell

Paula Bell

Chief Financial & Operating Officer, Director
Nigel Wright

Nigel Wright

Executive Vice President, Marketing, Strategy & Corporate Development
Manuel Zepeda

Manuel Zepeda

Executive Vice President, Global Sales & Services
Rob Vanbrunt

Rob Vanbrunt

EVP of Spirent's Office of Business Excellence
Martin Foulger

Martin Foulger

General Manager, Positioning
Show more

Spirent Office Locations

Spirent has offices in Crawley, Devon, Agoura Hills, Frederick and in 19 other locations
Crawley, GB (HQ)
Origin One, 108 High Street
Devon, GB
Aspen Way, Paignton
Ottawa, CA
1000 Innovation Dr #500, Kanata
Beijing, CN
1 Dong Chang An Jie, Wang Fu Jing, Dongcheng Qu
Beijing, CN
Room 1302-1303, Shining Tower No. 35 Xueyuan Road
Guangzhou Shi, CN
403 Huanshi E Rd, Huan Shi Dong Lu Yan Xian, Yuexiu Qu
Show all (25)

Spirent Financials and Metrics

Spirent Revenue

Embed Graph
View revenue for all periods
Spirent's revenue was reported to be $522.4 m in FY, 2020 which is a 3.7% increase from the previous period.
USD

Revenue (FY, 2020)

522.4m

Revenue growth (FY, 2019 - FY, 2020), %

3.7%

Gross profit (FY, 2020)

383.4m

Gross profit margin (FY, 2020), %

73.4%

Net income (FY, 2020)

84.4m

EBIT (FY, 2020)

95.7m

Market capitalization (12-May-2022)

1.4b

Closing stock price (12-May-2022)

2.3

Cash (31-Dec-2020)

241.2m

EV

1.2b
Spirent's current market capitalization is £1.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

454.8m476.9m503.6m522.4m

Revenue growth, %

5%6%4%

Cost of goods sold

129.8m132.4m135.0m139.0m

Gross profit

325.0m344.5m368.6m383.4m
Half Year
USDH1, 2017H1, 2018H1, 2019H1, 2020

Revenue

213.6m209.2m217.4m233.7m

Cost of goods sold

62.3m61.1m60.9m62.2m

Gross profit

151.3m148.1m156.5m171.5m

Gross profit Margin, %

71%71%72%73%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

128.4m121.6m183.2m241.2m

Accounts Receivable

113.8m123.4m128.7m118.4m

Prepaid Expenses

9.2m11.2m9.6m9.0m

Inventories

23.6m25.7m20.6m22.3m
Half Year
USDH1, 2017H1, 2018H1, 2019H1, 2020

Cash

110.2m95.4m141.8m221.4m

Inventories

25.3m26.6m27.3m30.1m

Current Assets

240.1m23.5m278.4m343.7m

PP&E

47.2m38.2m32.6m27.4m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Depreciation and Amortization

25.1m20.8m16.8m13.6m

Inventories

3.7m(2.2m)7.0m(1.5m)

Accounts Payable

7.0m(4.7m)18.7m(9.0m)

Cash From Operating Activities

69.3m60.2m119.3m121.2m
Half Year
USDH1, 2017H1, 2018H1, 2019H1, 2020

Depreciation and Amortization

13.3m10.6t8.7m7.0m

Inventories

2.0m(3.0t)(1.6m)(9.6m)

Accounts Payable

(7.4m)(18.3t)(3.8m)(21.4m)

Cash From Operating Activities

38.0m17.1t54.5m73.6m
USDH1, 2017

Revenue/Employee

127.4k

Financial Leverage

0.7 x

P/E Ratio

0.6
Show all financial metrics

Spirent Operating Metrics

Spirent's Customers was reported to be 1.7 k in Jun, 2020.
H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019Jun, 2020H1, 2020FY, 2020

Customers

1.7 k

Order Intake

$198.4 m$447.8 m$205.6 m$470 m$219.5 m$532 m$232.1 m$539.4 m

Partners

117

Technology Partners

12
Show all operating metrics

Spirent Acquisitions / Subsidiaries

Company NameDateDeal Size
OctoScopeMarch 05, 2021$55 m
Epitiro Group LimitedDecember 08, 2015
NetgendNovember 13, 2014
MobilethinkSeptember 12, 2014
DAX TechnologiesFebruary 21, 2014
Testing Technologies ISTFebruary 20, 2014€2 m
Metrico WirelessSeptember 05, 2012
Mu DynamicsApril 20, 2012$40 m
The Fanfare GroupFebruary 14, 2011$15 m
Imperfect NetworksAugust 10, 2006
Show more

Spirent Revenue Breakdown

Embed Graph

Spirent revenue breakdown by business segment: 60.2% from Networks & Security, 24.4% from Lifecycle Service Assurance and 15.3% from Connected Devices

Spirent revenue breakdown by geographic segment: 36.2% from Asia Pacific, 10.9% from Europe, Middle East and Africa and 52.9% from Americas

Spirent Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Spirent Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Spirent Online and Social Media Presence

Embed Graph

Spirent Company Culture

  • Overall Culture

    A-

    78/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A+

    85/100

  • Diversity

    A-

    81/100

Learn more on Comparably

Spirent News and Updates

Spirent Again Earns Fierce Innovation Award Acclaim for Automation

Spirent Communications plc (LSE:SPT), the leading provider of automated test and assurance solutions for next-generation devices and networks, was today named winner in the AI/Analytics/Automation Category of the Fierce Innovation Awards Telecom Edition for the second year in succession. The annual …

Spirent Report Highlights What 5G Has In Store For 2021

Spirent recently published "5G 2021: Market Drivers, Insights & Consideration" to share milestones and progress from 2020 and lay out a vision for what 5G has in store for 2021.

Cloud Infrastructure Testing Market See Worldwide Major Growth by Leading Key Players Compuware, Ixia, Spirent Communications, Wipro, Apica, Cloud Harmony, Core Cloud Inspect, Infosys, Monitis

The Global Cloud Infrastructure Testing Market Report includes a comprehensive analysis of the present market. The report starts with the basic Global Cloud Infrastructure Testing Market overview and then goes into each and every detail. Posted via Industry Today. Follow us on Twitter @IndustryToday

Jeremy Bennington, Corporate Solutions & Technical Strategy Lead, Spirent Communications confirmed for Connected Car Detroit

Jeremy Bennington, Corporate Solutions & Technical Strategy Lead, Spirent Communications has been confirmed as a speaker at Connected Car Detroit in the connectivity session. About Connected Car Detroit Organised by Automotive Megatrends, Connected Car Detroit is a one-day multi-track conference…

Jeff Warra, Senior Technical Marketing Engineer, Spirent Communications confirmed for Connected Car Detroit

Jeff Warra, Senior Technical Marketing Engineer, Spirent Communications has been confirmed as a speaker at Connected Car Detroit in the connectivity session. About Connected Car Detroit Organised by Automotive Megatrends, Connected Car Detroit is a one-day multi-track conference and tech showcase fo…

Spirent Frequently Asked Questions

  • When was Spirent founded?

    Spirent was founded in 1936.

  • Who are Spirent key executives?

    Spirent's key executives are Eric Updyke, Paula Bell and Nigel Wright.

  • How many employees does Spirent have?

    Spirent has 1,419 employees.

  • What is Spirent revenue?

    Latest Spirent annual revenue is $522.4 m.

  • What is Spirent revenue per employee?

    Latest Spirent revenue per employee is $368.1 k.

  • Who are Spirent competitors?

    Competitors of Spirent include ReliaQuest, Viavi Solutions and NETSCOUT.

  • Where is Spirent headquarters?

    Spirent headquarters is located at Origin One, 108 High Street, Crawley.

  • Where are Spirent offices?

    Spirent has offices in Crawley, Devon, Agoura Hills, Frederick and in 19 other locations.

  • How many offices does Spirent have?

    Spirent has 25 offices.