Ultimate Software revenue increased from $940.7 million in 2017 to $1.1 billion in 2018, a (21.2%) increase.

Annual Revenue ($)

Ultimate Software revenue was $1.14 b in FY, 2018 which is a (21.2%) year over year increase from the previous period.

Quarterly Revenue ($)

FY, 2016FY, 2017FY, 2018
Revenue$781.29 m$940.73 m$1.14 b
Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019
Revenue$228.49 m$224.69 m$236.11 m$276.76 m$271.16 m$287.83 m$335.01 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Ultimate Software revenue breakdown by business segment: 12.6% from Services and 87.4% from Recurring

Q2, 2018Q1, 2019FY, 2018Q3, 2018Q1, 2018FY, 2017Q3, 2017Q2, 2017Q1, 2017FY, 2016
Recurring$239.46 m$287.93 m$997.07 m$254.58 m$236.59 m$802.3 m$203.06 m$195.15 m$189.98 m$654.2 m
Services$31.7 m$47.08 m$143.48 m$33.25 m$40.17 m$138.43 m$33.05 m$29.55 m$38.51 m$127.09 m

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