OverviewSuggest Edit
Vonage is a cloud communications provider. It offers voice, messaging, video, and data capabilities across unified communications, contact centers, and communications APIs. The company also delivers home telephone services offered to consumers through service plans, including features such as voicemail, call waiting, and call forwarding, as well as Simulring, Visual Voicemail, and Extensions.
| Type | Public | |
| Founded | 2001 | |
| HQ | Holmdel, NJ, US | Map |
| Website | vonage.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Key People/Management at Vonage
Rory Read
Vinod Lala
Sagi Dudai
Randy Rutherford
Sue Quackenbush
Jay Bellissimo
Vonage Office Locations
Vonage Financials and Metrics
Vonage Revenue
| USD | |
|---|---|
Revenue (Q1, 2021) | 332.9m |
Gross profit (Q1, 2021) | 330.3m |
Gross profit margin (Q1, 2021), % | 99.2% |
Net income (Q1, 2021) | (376.0k) |
EBIT (Q1, 2021) | 8.9m |
Market capitalization (30-Jul-2021) | 3.6b |
Closing stock price (30-Jul-2021) | 14.3 |
Cash (31-Mar-2021) | 51.6m |
EV | 4.1b |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 226.8m | 233.7m | 248.4m | 243.3m | 251.8m | 253.1m | 253.6m | 259.9m | 261.5m | 279.5m | 297.6m | 302.5m | 297.5m | 310.5m | 316.6m | 332.9m |
Cost of goods sold | 9.1m | 8.4m | 8.6m | 7.3m | 6.2m | 6.3m | 103.6m | 107.2m | 104.4m | 113.4m | 128.2m | 133.8m | 3.7m | 2.4m | 2.7m | 2.6m |
Gross profit | 217.8m | 225.3m | 239.8m | 236.1m | 245.6m | 246.8m | 150.0m | 152.7m | 157.2m | 166.1m | 169.4m | 168.7m | 293.8m | 308.1m | 313.9m | 330.3m |
Gross profit Margin, % | 96% | 96% | 97% | 97% | 98% | 98% | 59% | 59% | 60% | 59% | 57% | 56% | 99% | 99% | 99% | 99% |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 35.9m | 24.3m | 33.2m | 26.2m | 26.8m | 29.9m | 23.5m | 26.1m | 25.7m | 18.3m | 18.0m | 18.7m | 43.1m | 47.6m | 48.4m | 51.6m |
Accounts Receivable | 20.8m | 35.3m | 33.3m | 32.1m | 36.2m | 42.4m | 43.9m | 49.5m | 57.1m | 73.4m | 97.5m | 94.4m | 96.2m | 114.6m | 119.6m | 111.6m |
Prepaid Expenses | 18.6m | 21.6m | 21.2m | 30.9m | 25.8m | 23.3m | 28.0m | 23.1m | 21.3m | 27.1m | 25.2m | 28.1m | 26.3m | 24.4m | 36.4m | 37.1m |
Inventories | 5.6m | 4.3m | 4.4m | 3.6m | 3.5m | 2.7m | 2.9m | 2.0m | 1.4m | 1.3m | 1.1m | 970.0k | 1.3m | 997.0k | 614.0k |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 7.9m | 8.8m | 17.9m | 5.9m | 10.7m | 21.3m | 24.5m | 33.1m | 42.7m | (534.0k) | 4.0m | (17.1m) | (3.8m) | (12.2m) | (22.2m) | (376.0k) |
Depreciation and Amortization | 17.0m | 18.2m | 18.0m | 17.9m | 17.4m | 25.9m | 7.4m | 17.5m | 24.4m | 6.7m | 48.6m | 43.1m | 14.2m | 28.2m | 41.5m | 10.8m |
Inventories | (25.0k) | 906.0k | 582.0k | 340.0k | 353.0k | 1.2m | (179.0k) | 623.0k | 1.3m | 179.0k | 444.0k | 552.0k | 127.0k | 484.0k | 869.0k | |
Accounts Payable | 4.1m | 5.1m | (17.3m) | 8.2m | (8.1m) | 1.4m | 1.6m | 7.8m | 6.9m | (9.8m) | (14.9m) | 24.0m | (25.5m) | (4.3m) | 1.6m | 16.4m |
| USD | Q1, 2016 |
|---|---|
Debt/Equity | 0.5 x |
Debt/Assets | 0.3 x |
Financial Leverage | 1.9 x |
Vonage Operating Metrics
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Average Monthly Revenue per Subscriber | $28.89 | $27.97 | $27.79 | $27.58 | $27.58 | $26.68 | $26.61 | $26.36 | $44.94 | $26.1 | $26.33 | $26.29 | $26.19 | $26.58 | $26.37 | $26.3 | $26.42 | $26.43 | $26.89 | $27.56 | $27.04 |
Patent Applications | 245 | 220 | 170 | 60 | 40 | 45 | |||||||||||||||
Patents (US) | 69 | 100 | 150 | 185 | 200 | 235 | |||||||||||||||
Resellers | 20 k | 20 k | 20 k | 20 k | 20 k | 20 k |
Vonage Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Over.ai | August 06, 2019 | |
| NewVoiceMedia | September 20, 2018 | $350 m |
| NewVoiceMedia Asia Pacific Ltd. | ||
| NewVoiceMedia Euro Holdings SARL | ||
| NewVoiceMedia Germany GmbH | ||
| NewVoiceMedia Inc. | ||
| NewVoiceMedia Pty Ltd. | ||
| NewVoiceMedia sP ZOO | ||
| NewVoiceMedia UK Ltd. | ||
| Nexmo Asia Pacific Limited |
Vonage Revenue Breakdown
Vonage revenue breakdown by business segment: 67.6% from Business and 32.4% from Consumer
Vonage revenue breakdown by geographic segment: 20.2% from Other Countries, 5.6% from United Kingdom, 71.9% from United States and 2.2% from Other
Vonage Cybersecurity Score
Vonage Environment, Social & Governance (ESG) Ratings
Vonage Online and Social Media Presence
10.47k Twitter followers
Vonage has 10.47k Twitter Followers. The number of followers has increased 0.7% month over month and increased 0.5% quarter over quarter
Vonage's Trends
Twitter Engagement Stats for @Vonage
14.3k
Tweets
2.9k
Following
10.5k
Followers
54
Tweets last 30 days
1.4
Avg. likes per Tweet
81.5%
Tweets with engagement
Vonage Company Culture
Overall Culture
A
79/100
CEO Rating
A+
89/100
Compensation
A
82/100
Diversity
A
82/100
Vonage News and Updates
Vonage Makes Microsoft Teams Smarter and a Central Hub for Communications
Convertigo integrates Vonage APIs for Low Code & No Code technologies
Vonage to Host Virtual Investor Day on March 5, 2021
Vonage Reports Fourth Quarter and Full-Year 2020 Financial Results
Top Hat Chooses Vonage to Power Video Capabilities for its Widely Adopted New Higher Education Teaching Platform
Vonage Blogs
Does Your Cloud Strategy Include These Crucial Roles?
With a Cloud Phone System, ‘The Office’ is Wherever You Are
Virtual Receptionist for Lawyers: A Low-Key Competitive Edge
Vonage Frequently Asked Questions
When was Vonage founded?
Vonage was founded in 2001.
Who are Vonage key executives?
Vonage's key executives are Rory Read, Vinod Lala and Sagi Dudai.
How many employees does Vonage have?
Vonage has 2,264 employees.
What is Vonage revenue?
Latest Vonage annual revenue is $1.2 b.
What is Vonage revenue per employee?
Latest Vonage revenue per employee is $551.2 k.
Who are Vonage competitors?
Competitors of Vonage include NICE, Cloudinary and OpenMarket.
Where is Vonage headquarters?
Vonage headquarters is located at 23 Main St, Holmdel.
Where are Vonage offices?
Vonage has offices in Holmdel, Atlanta, New York, San Francisco and in 3 other locations.
How many offices does Vonage have?
Vonage has 8 offices.
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