Symantec provides security, storage and systems management solutions. The Company operates through three segments. The consumer security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families and small businesses. The enterprise security segment provides secure socket layer certificates, authentication, mail and web security, data center security, data loss prevention, information security services, endpoint security and management, encryption and mobile security services. The information management segment focuses on backup and recovery, archiving and e-discovery, storage and high availability solutions.

Employee Rating

3.5More
TypePublic
HQMountain View, US
Founded1982
Size (employees)13,000 (est)+19%
Websitesymantec.com
Symantec was founded in 1982 and is headquartered in Mountain View, US
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Key People/Management at Symantec

Greg Clark

Greg Clark

CEO
Michael Fey

Michael Fey

President and Chief Operating Officer
Nick Noviello

Nick Noviello

Executive Vice President and Chief Financial Officer
Scott Taylor

Scott Taylor

Executive Vice President, General Counsel and Secretary
Brian Kenyon

Brian Kenyon

Chief Strategy Officer
Hugh Thompson

Hugh Thompson

Chief Technology Officer
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Symantec Office Locations

Symantec has offices in Mountain View, San Diego, Tempe, Draper and in 91 other locations
Mountain View, US (HQ)
350 Ellis Street
Miami, US
9155 South Dadeland Blvd Suite 1100
Miami, US
1100 9155 S Dadeland Blvd
Sydney, AU
207 Kent St
Machelen, BE
5 Pegasuslaan
Morumbi, BR
Av. Dr. Chucri Zaidan, 920 - 12.o andar Market Place Tower
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Symantec Financials and Metrics

Symantec Revenue

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Symantec's revenue was reported to be $4.83 b in FY, 2018 which is a 20.3% increase from the previous period.
USD

Revenue (Q2, 2019)

1.2b

Gross profit (Q2, 2019)

919.0m

Gross profit margin (Q2, 2019), %

78.2%

Net income (Q2, 2019)

(8.0m)

EBIT (Q2, 2019)

102.0m

Market capitalization (14-Dec-2018)

13.8b

Closing stock price (14-Dec-2018)

21.6

Cash (28-Sep-2018)

2.1b

EV

16.7b
Symantec's current market capitalization is $13.8 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.0b3.6b4.0b4.8b

Revenue growth, %

(9%)12%20%

Cost of goods sold

727.0m615.0m853.0m1.0b

Gross profit

3.2b3.0b3.2b3.8b
Quarterly
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

1.6b1.7b1.6b1.7b1.6b1.5b1.5b909.0m884.0m979.0m1.2b1.2b3.6b1.2b1.2b

Cost of goods sold

284.0m283.0m278.0m309.0m279.0m264.0m254.0m150.0m149.0m210.0m257.0m262.0m768.0m249.0m256.0m

Gross profit

1.4b1.4b1.3b1.4b1.4b1.2b1.2b759.0m735.0m769.0m918.0m978.0m2.9b907.0m919.0m

Gross profit Margin, %

83%83%83%82%83%82%83%83%83%79%78%79%79%78%78%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.7b2.8b6.0b4.2b1.8b

Accounts Receivable

1.0b700.0m556.0m649.0m809.0m

Inventories

14.0m

Current Assets

5.7b5.4b7.0b5.3b3.5b
Quarterly
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

3.7b3.8b3.0b3.1b2.8b3.1b3.0b2.2b6.1b5.6b2.3b1.8b2.1b2.0b2.1b

Accounts Receivable

573.0m892.0m722.0m685.0m982.0m738.0m604.0m490.0m314.0m459.0m468.0m514.0m666.0m502.0m537.0m

Inventories

16.0m13.0m11.0m11.0m12.0m

Current Assets

5.0b5.3b5.0b5.3b5.3b4.7b5.0b7.2b6.8b6.5b3.2b3.7b3.6b3.4b3.4b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

898.0m878.0m2.5b(106.0m)1.1b

Depreciation and Amortization

491.0m530.0m640.0m

Inventories

10.0m

Accounts Payable

(75.0m)(67.0m)(4.0m)
Quarterly
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

241.0m283.0m244.0m236.0m222.0m273.0m117.0m443.0m135.0m(144.0m)(133.0m)(145.0m)1.2b(63.0m)(68.0m)

Depreciation and Amortization

13.0m13.0m12.0m202.0m13.0m224.0m14.0m34.0m152.0m305.0m

Accounts Payable

219.0m230.0m212.0m50.0m184.0m61.0m115.0m139.0m(32.0m)20.0m5.0m19.0m(12.0m)

Cash From Operating Activities

434.0m546.0m213.0m390.0m684.0m334.0m571.0m
USDY, 2018

EV/EBIT

163.5 x

EV/CFO

29.2 x

Financial Leverage

2.7 x
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Symantec Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017

End Points Protected

175 m175 m175 m

Patents (US)

2.20 k2.70 k1.70 k2.10 k

Countries

50 50 35 40

Threat Response Centers

9 9 9
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Symantec Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AppthorityNovember 08, 2018
Javelin NetworksNovember 08, 2018
SurfEasyNovember 06, 2017
FireglassJuly 06, 2017
LifeLockNovember 20, 2016$2.30 b
Blue CoatJune 13, 2016$4.65 b

Symantec Revenue Breakdown

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Symantec revenue breakdown by business segment: 47.2% from Consumer Digital Safety and 52.8% from Enterprise Security

Symantec revenue breakdown by geographic segment: 62.7% from Americas, 21.7% from EMEA and 15.6% from APJ

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Symantec Online and Social Media Presence

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Symantec News and Updates

Data Exfiltration Market 2018: Global Analysis By Key Players – Symantec, Mcafee, Palo Alto Networks, Fortinet, Zscaler

Wiseguyreports.Com Publish New Market Research Report On -“Data Exfiltration Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Information Technology (IT) Security as A Service Market Trends, Applications, Regional Analysis to 2022 Covering Top Companies Like Cisco Systems Inc., Hewlett Packard Enterprise, Symantec Corporation

This report studies the global Information Technology (IT) Security as A Service market, analyzes and researches the Information Technology (IT) Security as A Service development status and forecast in United States, EU, Japan, China, India and Southeast Asia. Posted via Industry Today. Follow us on…

Cybersecurity giant Symantec surges 10% after a $6 billion activist buys a stake (SYMC)

Shares of Symantec jumped as much as 10% to $20.50 Thursday after Starboard reported a stake in the cybersecurity giant. Starboard, which manages roughly $6 billion, has taken a 5.8% stake in Symantec and nominated five directors to the board. The stock surge recovers some of the price loss after …

UPDATE 3-Starboard eyes Symantec board seats after taking stake

* Cybersecurity firm is in midst of internal accounting probe

Starboard eyes Symantec board seats after taking stake

(Reuters) - Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance.

UPDATE 2-Starboard eyes Symantec board seats after taking stake

Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance.
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Symantec Blogs

Microsoft Patch Tuesday – December 2018

This month the vendor has patched 39 vulnerabilities, 9 of which are rated Critical.

Symantec and Fortinet: Two Leaders Come Together to Do What Leaders Do - Lead

Teaming up on endpoint-firewall collaboration to help customers better battle growing security threats

Seedworm: Group Compromises Government Agencies, Oil & Gas, NGOs, Telecoms, and IT Firms

Group remains highly active with more than 130 victims in 30 organizations hit since September 2018.

Creating a Welcoming Culture for Women In STEM

Connie G, a former Software Engineer Intern at Symantec, shares her perspective on being a woman in tech, and why we need to cultivate a culture of collaboration.

On the Front Lines of Incident Response, It’s a Little Like “Groundhog Day”

Many of the same e-mail-related mistakes continue to crop up. Here are some common-sense measures to escape this endless loop

Let's Stand up for Equality, Justice and Human Dignity

Symantec celebrates International Human Rights day with a look at our support of the United Nations Global Compact and Sustainable Development Goals
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Symantec Company Life and Culture

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Symantec Frequently Asked Questions

  • When was Symantec founded?

    Symantec was founded in 1982.

  • Who are Symantec key executives?

    Symantec's key executives are Greg Clark, Michael Fey and Nick Noviello.

  • How many employees does Symantec have?

    Symantec has 13,000 employees.

  • What is Symantec revenue?

    Latest Symantec annual revenue is $4.8 b.

  • What is Symantec revenue per employee?

    Latest Symantec revenue per employee is $371.8 k.

  • Who are Symantec competitors?

    Competitors of Symantec include GlobalSCAPE, Sophos and Carbon Black.

  • Where is Symantec headquarters?

    Symantec headquarters is located at 350 Ellis Street, Mountain View.

  • Where are Symantec offices?

    Symantec has offices in Mountain View, San Diego, Tempe, Draper and in 91 other locations.

  • How many offices does Symantec have?

    Symantec has 103 offices.