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.

TypePublic
Founded2001
HQHolmdel, US
Websitevonage.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2019)2,264
Job Openings44
Revenue (FY, 2019)$1.2 B(+14%)
Share Price (Oct 2020)$10.7 (+2%)
Cybersecurity ratingBMore

Key People/Management at Vonage

Alan Masarek

Alan Masarek

Chief Executive Officer, Director
David Pearson

David Pearson

Chief Financial Officer
Vinod Lala

Vinod Lala

Chief Strategy Officer
Sagi Dudai

Sagi Dudai

Chief Technology Officer
Jay Patel

Jay Patel

Chief Product Officer
Randy Rutherford

Randy Rutherford

Chief Legal Officer & Secretary
Show more

Vonage Office Locations

Vonage has offices in Holmdel and London
Holmdel, US (HQ)
23 Main St
London, GB
3rd floor, 15 Bonhill St, Shoreditch
London, GB
level 37, 25 Canada Square, Canary Wharf
Show all (3)

Vonage Financials and Metrics

Vonage Revenue

Embed Graph
View revenue for all periods
Vonage's revenue was reported to be $1.19 b in FY, 2019 which is a 13.4% increase from the previous period.
USD

Revenue (Q2, 2020)

310.5m

Gross profit (Q2, 2020)

308.1m

Gross profit margin (Q2, 2020), %

99.2%

Net income (Q2, 2020)

(8.4m)

EBIT (Q2, 2020)

2.4m

Market capitalization (15-Oct-2020)

2.6b

Closing stock price (15-Oct-2020)

10.7

Cash (30-Jun-2020)

47.6m

EV

3.2b
Vonage's current market capitalization is $2.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

955.6m1.0b1.0b1.2b

Revenue growth, %

7%5%5%13%

Cost of goods sold

321.4m379.0m427.0m511.1m

Gross profit

634.2m623.3m621.8m678.3m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

29.1m31.4m5.1m23.6m

Accounts Receivable

36.7m44.2m75.3m101.8m

Prepaid Expenses

29.2m23.8m26.5m22.3m

Inventories

29.2m3.0m1.5m1.5m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

17.9m(33.9m)35.7m(19.5m)

Depreciation and Amortization

72.3m34.3m31.4m58.4m

Inventories

800.0k789.0k1.2m27.0k

Accounts Payable

(13.6m)(664.0k)20.1m38.0m
USDQ1, 2016

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
Show all financial metrics

Vonage Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Average Monthly Revenue per Subscriber

$28.89 $27.97 $27.79 $27.58 $27.58 $26.68 $26.61 $26.36 $44.94 $26.10 $26.33 $26.29 $26.19 $26.58 $26.37 $26.30 $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 k20 k20 k20 k20 k20 k
Show all operating metrics

Vonage Acquisitions / Subsidiaries

Company NameDateDeal Size
Over.aiAugust 06, 2019
NewVoiceMediaSeptember 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
Show more

Vonage Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Vonage Revenue Breakdown

Embed Graph

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 Online and Social Media Presence

Embed Graph

Vonage News and Updates

Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2020 Results

HOLMDEL, N.J., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Vonage Holdings Corp. (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, will report its financial results for the third quarter of 2020 before the market opens on Thursday, November 5, …

Vonage Wins Award for Best CPaaS Platform

HOLMDEL, N.J., Aug. 24, 2020 /PRNewswire/ -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has won the 2020 UC Award for Best CPaaS Platform. Presented by UC Today, a leading global unified communications and...

Vonage Announces Enhanced Capabilities to the Vonage Contact Center to Transform the Customer and Agent Experience for Businesses

HOLMDEL, N.J., Aug. 19, 2020 /PRNewswire/ -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced the release of several product enhancements to Vonage Contact Center, that will help businesses to further...

Vonage Enables Omnichannel Customer Experience for Koopid

HOLMDEL, N.J., June 24 2020 /PRNewswire/ -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has announced that Koopid, the next-generation, AI-powered customer experience orchestration platform, has chosen Vonage to...

Vonage Appoints Rory Read Chief Executive Officer

HOLMDEL, N.J., June 8, 2020 /PRNewswire/ -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced that the Company's Board of Directors has appointed Rory Read as Chief Executive Officer and a member of its...

Tele-Town Hall Chooses Vonage to Power Virtual Technology to Global Customers

HOLMDEL, N.J., May 13, 2020 /PRNewswire/ -- Vonage (Nasdaq: VG), a global business cloud communications leader, has announced that Tele-Town Hall, a pioneer in virtual town hall technology, has chosen the Vonage SMS and Voice APIs to power 5 million messages and more than 1,000 meetings...
Show more

Vonage Frequently Asked Questions

  • When was Vonage founded?

    Vonage was founded in 2001.

  • Who are Vonage key executives?

    Vonage's key executives are Alan Masarek, David Pearson and Vinod Lala.

  • 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 $525.3 k.

  • Who are Vonage competitors?

    Competitors of Vonage include OpenMarket, Broadview Networks and Extreme Networks.

  • Where is Vonage headquarters?

    Vonage headquarters is located at 23 Main St, Holmdel.

  • Where are Vonage offices?

    Vonage has offices in Holmdel and London.

  • How many offices does Vonage have?

    Vonage has 3 offices.