red hat revenue

We help you standardize across environments, develop cloud-native applications, and integrate, automate, secure, and manage complex environments with award-winning support, training, and consulting services. You need a Single Account for unlimited access. In, Red Hat. Are you interested in testing our corporate solutions? Red Hat $3.36 B in annual revenue in FY 2019. Red Hat revenue was included in IBM’s consolidated results beginning July 9, 2019. Non-GAAP adjusted diluted weighted average shares outstanding excludes dilution that is expected to be offset by our convertible note hedge transactions. The prior fiscal year included a one-time tax charge of $123 million related to the Tax Cuts and Jobs Act enacted into law in December 2017. After adjusting for non-cash share-based compensation expense, amortization of intangible assets, and transaction costs related to business combinations, non-GAAP operating income was $795 million, up 13% year-over-year. Red Hat's total 2018 revenue (ending February 28, 2019) was $3.4 billion. Second quarter revenue was $164.4 million, an increase of 5% from last quarter and 29% from the year ago quarter and above our guidance. New, Figures and insights about the advertising and media world, Industry Outlook "Annual revenue of Red Hat Inc worldwide 2009 to 2019 (in million U.S. Non-GAAP operating cash flow, which excludes this impact of approximately $27 million, was $424 million, up 17% on a year-over-year basis compared to non-GAAP operating cash flow. As a Premium user you get access to background information and details about the release of this statistic. It’s true that 14% cloud-revenue growth in today’s high-growth Cloud Wars … New, Insights into the world’s most important health markets, Find studies from all around the internet. This is the third consecutive year where backlog increased at a rate of more than 20% year-over-year, which further reflects the forward momentum of our business.". You need at least a Single Account to use this feature. Total cloud revenue of $6.0 billion, up 19 percent -- Total cloud revenue of $24.4 billion over the last 12 months, up 22 percent (up 25 percent adjusting for divested businesses and currency) Red Hat revenue up 17 percent (up 16 percent adjusting for currency), normalized for … Full fiscal year GAAP operating income was $512 million, an increase of 8% year-over-year. Subscription revenue from Application Development-related and other emerging technology offerings for the quarter was $225 million, an increase of 30% year-over-year, or 34% measured in constant currency. View users in your organization, and edit their account information, preferences, and permissions. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. New, Everything you need to know about the industry development, Health Market Outlook March 25, 2019. Full fiscal year subscription revenue from Infrastructure-related offerings was $2.1 billion, an increase of 9% year-over-year, or 10% measured in constant currency. IBM is taking a $2.2 billion charge to reduce that deferred revenue balance to just $0.6 billion. Also key to that growth is the increasing number of Ansible and OpenShift customers, which now total more than 1,300 and 1,000, respectively, as of the end of fiscal year 2019. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. Year-end deferred revenue balance of $3.0 billion, up 15% year-over-year, or 18% in constant currency. The company provides a variety of operating system, virtualization, management, middleware, cloud, mobile, and … "Additionally, our total backlog was $4.1 billion, a 22% increase year-over-year. Statistics, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Total cloud revenue came to $6.5 billion. After adjusting for non-cash share-based compensation expense, amortization of intangible assets, transaction costs related to business combinations and non-cash interest expense related to the debt discount, non-GAAP net income for the full fiscal year was $679 million, or $3.69 diluted EPS, as compared to $544 million, or $3.00 diluted EPS, in the prior fiscal year. Young bought Ewing's business in 1995, and the two merged to become Red … Then you will be able to mark statistics as favourites and use personal statistics alerts. Profit from additional features by authenticating your Admin account. Smartphone market share worldwide by vendor 2009-2020, Apple iPhone unit sales worldwide, by quarter, Global market share held by smartphone operating systems, by quarter, Virtual Reality (VR) - statistics & facts, Research expert covering the global software industry, Profit from additional features with an Employee Account. Investor Activity Red Hat has actively raised capital from investors. But even on an adjusted basis, the picture hasn't been pretty. Find related and similar companies as well as employees by title and much more. Red Hat's revenues dipped in the most recent quarter, the time when all the Linux distributors were offering new versions with upgraded core software. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. Please contact Stephanie Wonderlick at [email protected] with any questions. Learn more about how Statista can support your business. After adjusting for non-cash share-based compensation expense, amortization of intangible assets, transaction costs related to business combinations and non-cash interest expense related to the debt discount, non-GAAP adjusted net income for the quarter was $214 million, or $1.16 diluted EPS, as compared to $168 million, or $0.92 diluted EPS, in the year-ago quarter. At the end of the fiscal year, the Company’s total deferred revenue balance was $3.0 billion, an increase of 15% year-over-year. Update, Insights into the world's most important technology markets, Advertising & Media Outlook IBM’s strategy is working, executives … Ewing released the software in October, and it became known as the Halloween release. Their trailing twelve months' traffic rank is 4,347. Additional information on Red Hat's reported results, including a reconciliation of the non-GAAP adjusted results, are included in the financial tables below. Q2 was another strong quarter for Red Hat. View Red Hat (www.redhat.com) location in North Carolina, United States , revenue, industry and description. Deferred revenue and backlog: Total backlog for fiscal year 2019 was in excess of $4.1 billion, up 22% year-over-year. Across the portfolio, our total number of customers with active subscriptions greater than $5 million increased 33% year-over-year in fiscal year 2019. Bright spots included overall cloud revenues of $25.1bn, up 19 per cent, for the year, and $7.5bn, up 10 per cent, for the quarter, plus Red Hat increasing its revenue by 19 per cent in 2020. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future. Please authenticate by going to "My account" → "Administration". dollars)." Revenue for January 1 – July 8, 2019 represents pre-acquisition Red Hat standalone revenue and is … Statista. Constant currency references in this release are detailed in the tables below. Cash: GAAP operating cash flow was $397 million for the fourth quarter, up 10% on a year-over-year basis. The remaining balance in the current stock repurchase authorization as of February 28, 2019 was approximately $737.2 million. Full fiscal year 2019 total revenue was $3.4 billion, up 15% year-over-year, or 16% measured in constant currency. Subscription revenue in the quarter was 88% of total revenue. You can only download this statistic as a Premium user. and over 1 Mio. "Annual Revenue of Red Hat Inc Worldwide 2009 to 2019 (in Million U.S. Non-GAAP references in this release are detailed in the tables below. IBM's full-year 2020 results were weighed down by the cost of its July 2019 Red Hat acquisition and by a $2.04bn Q4 pre-tax restructuring charge. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. A paid subscription is required for full access. On a constant currency basis, total deferred revenue would have increased 18% year-over-year. Let’s peel apart that “real” IBM systems business shown above. GAAP = generally accepted accounting principles. Customer relationship management (CRM) software usage in France 2019, by industry, Enterprise resource planning software usage in France 2019, by company size, Enterprise resource planning software usage in France 2019, by industry, Use of Enterprise Resource Planning software in France 2019, by company size. These deals included broad adoption across Red Hat’s portfolio of technologies, with cross-selling up 22% from the previous year," said Eric Shander, Executive Vice President and Chief Financial Officer. ", Red Hat, Annual revenue of Red Hat Inc worldwide 2009 to 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/639109/worldwide-red-hat-annual-revenue/ (last visited April 21, 2021), Annual revenue of Red Hat Inc worldwide 2009 to 2019, IT market revenue by segment in France 2016-2021, Software market revenue in France 2016-2021, Business software market revenue in France 2016-2021, Business productivity software market revenue in France 2016-2021, Business software market revenue, by segment in France 2016-2021, IT-application outsourcing services market size in France 2016-2021, CRM software market revenue in France 2016-2021, Customer relationship management software usage in France 2019, by company size, Revenue of the CRM outsourcing market in France 2016-2019, Sales of the main outsourcers of the CRM sector in France 2019, Incorporation of CRM solutions within mid-sized companies in France 2018, Cloud security services market revenue in France 2016-2021, Cloud computing among enterprises in France 2018, by industry, Services subscribed to by companies paying for cloud computing in France 2018, Services subscribed to by companies paying for cloud computing by size in France 2018, Services subscribed to by companies paying for cloud computing by type in France 2018, Annual cost base for Series A stage SaaS companies in Paris 2019, ERP software market revenue in France 2016-2021, Red Hat Inc's annual sales and marketing spending worldwide 2009-2019, Red Hat Inc's annual net income worldwide 2009-2019, Red Hat Inc's annual research and development spending worldwide 2009-2019, Biggest challenges for open source professionals worldwide 2018, Open source professionals' most important open source skills for hiring managers 2018, Open source professionals - upskilling and keeping up to date, Open source professionals - most important open source skills 2017, Open source professionals - attractive job criteria 2018, Open source services - worldwide revenue 2017-2022, Drivers of enterprise open source technology adoption in UK 2016, Global enterprise software market vendor revenues 2015, Global enterprise software market share 2015, by vendor, Forecast: North American cloud ERP software revenue 2016-2022, Enterprise software revenue 2009-2010, by vendor, Effects of the use of digital tools by associations in France 2016, Italy: municipalities replacing commercial software in Basilicata 2015, by type, Italy: municipalities using open source software in Molise 2015, by type, Italy: municipalities using open source software in Liguria 2015, by type, Annual revenue of Red Hat Inc worldwide 2009 to 2019 (in million U.S. dollars), { showNavigationItem(event); navMainItemStatisticsOpened = true; }" For your security, if you're on a public computer and have finished using your Red Hat services, please be sure to log out. Then you can access your favorite statistics via the star in the header. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Red Hat's revenues are gauged from an analysis of company filings. Full fiscal year subscription revenue from Application Development-related and other emerging technology offerings was $816 million, an increase of 31% year-over-year, or 32% measured in constant currency. As a result of the completion of the acquisition, Red Hat's common stock ceased trading on The New York Stock Exchange before the opening of the market on July 9, 2019. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The negative impact to total deferred revenue from changes in foreign exchange rates was $77 million year-over-year. In FY2019, Red Hat generated revenues of 3.36 billion U.S. dollars worldwide. Please do not hesitate to contact me. Operating Income: GAAP operating income for the quarter was $157 million, up 18% year-over-year. The portion of total backlog to be billed during fiscal year 2020 was in excess of $490 million as of February 28, 2019, compared with in excess of $450 million for the fiscal year ended February 28, 2018. Red Hat and the Shadowman logo are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. This feature is limited to our corporate solutions. Manage your Red Hat certifications, view exam history, and download certification-related logos and documents. We saw a 17% year-over-year increase in the number of deals over $1 million, despite the smaller base of large renewals in fiscal year 2019. The Red Hat Customer Portal delivers the knowledge, expertise, and guidance available through your Red Hat subscription. Show publisher information. IBM said Red Hat revenue was up 17% from a year ago and cloud and cognitive software sales grew 4%. And Red Hat revenue was up 17 percent, according to the company. A slow-down in the Red Hat Inc's Revenue growth from the 879% growth in Feb 28 2019. The portion of total backlog to be billed in the future not reflected in our financial statements was in excess of $1.0 billion as of February 28, 2019, compared with the ending balance in excess of $775 million reported for fiscal year 2018. Quick Analysis with our professional Research Service: Industry-specific and extensively researched technical data (partially from exclusive partnerships). IBM Q1 better than expected, projects revenue growth in 2021. These fundamental indicators attest to how well Red Hat utilizes its … Red Hat's revenue in 2020 & 2021 (trailing twelve months' revenue) is being calculated. Red Hat was acquired by IBM on July 9, 2019. Red Hat. Subscription revenue for the quarter was $774 million, up 13% year-over-year, or 16% measured in constant currency. YOY = year over year. Non-GAAP operating cash flow adjusts for the impact of our adoption of ASU 2016-15: Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which requires the portion of repayments of convertible notes during the fourth quarter that is attributable to debt discount to be classified as operating cash flow. The transaction was approved by Red Hat's stockholders at a special meeting held on January 16, 2019. ", "In FY19, we continued to strengthen our strategic relationships with enterprise organizations, which was evidenced by continued growth in sizeable commitments. facts. Please create an employee account to be able to mark statistics as favorites. Red Hat specifically contributed $573 million to IBM's cloud and … Cumulative Revenue growth Comment: With the quarterly Revenue reported in the May 31 2019 period, Red Hat Inc's cumulative twelve months Revenue were $ 3,483 millions, company would post below average annual Revenue growth of 4.68% year on year, if the fiscal year would end at May 31 2019. Data source: IBM. IBM's Cloud and Cognitive Software division, which includes Red Hat, came up with $5.44 billion in revenue, which was up 4% and above the $5.30 billion FactSet consensus. In 1994, Marc Ewing created his own Linux distribution, which he named Red Hat Linux (associated with the time Ewing wore a red Cornell University lacrosse hat, given to him by his grandfather, while attending Carnegie Mellon University). Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Due to the pending transaction with International Business Machines Corporation, Red Hat will not be hosting a conference call for its fourth quarter 2019 business results and will not be providing an outlook for its fiscal 2020. Analysts were expecting another decline in the fourth quarter, but IBM managed to pull a rabbit out of its hat. Here are a few reasons why you should be: Your Red Hat account gives you access to your member profile, preferences, and other services depending on your customer status. Revenue growth looked better after adjusti… Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for the fourth quarter of fiscal year 2019 ended February 28, 2019. As IBM transforms itself to move at the speed of the cloud-based digital economy, the Red Hat acquisition has boosted the company’s third-quarter cloud revenue 14% to $5 billion. This places them in the enterprise category. Red Hat Inc's financial year ends February 29 of the respective year. On the company's most recent earnings call, Red Hat … As soon as this statistic is updated, you will immediately be notified via e-mail. A very rare thing in recent years, as you can see from the smoothness of that Red Hat revenue curve above. Chart. Subscription revenue in the full fiscal year was 88% of total revenue. For the most part, IBM's revenue has been shrinking over the past six years. The year-ago quarter included a one-time tax charge of $123 million related to the Tax Cuts and Jobs Act enacted into law in December 2017. The decline hasn't been as bad as it appears, because a combination of negative currency effects and divestitureshas played a big role. Full fiscal year non-GAAP operating cash flow, which excludes approximately $60 million of impact from adoption of ASU 2016-15, was $1.1 billion, up 16% on a year-over-year basis compared to non-GAAP operating cash flow. See insights on Red Hat including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Net Income: GAAP net income for the quarter was $139 million, or $0.75 diluted earnings per share ("EPS"), compared with GAAP net loss of $12 million, or $0.07 diluted loss per share, in the year-ago quarter. The ideal entry-level account for individual users. Accessed April 21, 2021. https://www.statista.com/statistics/639109/worldwide-red-hat-annual-revenue/, Red Hat. Annual revenue of Red Hat Inc worldwide 2009 to 2019 (in million U.S. dollars) [Graph]. We shall see. For those struggling to do the math, let me do it for you: Red Hat hasn't seen a quarter where total revenue didn't grow for 16 years. This statistic is not included in your account. @blur="hideNavigationItem"> Register in seconds and access exclusive features. Fourth quarter total revenue of $879 million, up 14% year-over-year, or 17% in constant currency; full fiscal year total revenue of $3.4 billion, up 15% year-over-year, or 16% in constant currency, Fourth quarter Application Development-related and other emerging technology subscription revenue of $225 million, up 30% year-over-year, or 34% in constant currency; full fiscal year Application Development-related and other emerging technology subscription revenue of $816 million, up 31% year-over-year, or 32% in constant currency. This could be a concern, it could be nothing. Directly accessible data for 170 industries from 50 countries Revenue: Total revenue for the quarter was $879 million, up 14% year-over-year, or 17% measured in constant currency. Total cash, cash equivalents and investments as of February 28, 2019 was $2.4 billion after repurchasing approximately $413 million, or approximately 0.9 million shares, of common stock in fiscal year 2019. In 1993, Bob Young incorporated the ACC Corporation, a catalog business that sold Linux and Unix software accessories. Full fiscal year GAAP operating margin was 15.2% and non-GAAP operating margin was 23.7%. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release. Red Hat Customer ... ROC Revenue Assurance is designed not only to detect potential revenue loss, but also to proactively assist an operator with its investigation, diagnosis and recovery of these revenues. (March 25, 2019). "Enterprise organizations are continuing to move to hybrid cloud environments, which is contributing to strong growth in Red Hat’s cloud enabling technologies," stated Jim Whitehurst, President and Chief Executive Officer of Red Hat. Red Hat stock fell as much as 7 percent and then rebounded on Wednesday after the software company reported lower revenue than expected … Total convertible note repayments were $498 million as of February 28, 2019 with a remaining principal value of $307 million. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to our pending merger with International Business Machines Corporation, the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the integration of acquisitions and the ability to market successfully acquired technologies and products; risks related to errors or defects in our offerings and third-party products upon which our offerings depend; risks related to the security of our offerings and other data security vulnerabilities; fluctuations in exchange rates; changes in and a dependence on key personnel; the effects of industry consolidation; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to meet financial and operational challenges encountered in our international operations; and ineffective management of, and control over, the Company's growth and international operations, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". Then you will immediately be notified via e-mail guidance available through your Hat... Excess of $ 4.1 billion, up 22 % increase year-over-year 23.7.! Award-Winning support, training, and edit their account information, preferences, and consulting services make Red Hat worldwide. Charge to reduce that deferred revenue from changes in foreign exchange rates was $ 4.1 billion, up 18 in. Included in IBM ’ s peel apart that “ real ” IBM business... As well as employees by title and much more and Red Hat 's growth... $ 737.2 million, according to the company authenticate by going to `` My account '' → Administration. Statista can support your business recent earnings call, Red Hat certifications, view exam history, and services... Only download this statistic 77 million year-over-year as employees by title and much.! From one place, or 18 red hat revenue in constant currency expected, revenue! Concern, it could be a concern, it could be nothing in currency. Was 25.8 % forecasts, studies and international data 2021. https: //www.statista.com/statistics/639109/worldwide-red-hat-annual-revenue/, Red Hat $ 3.36 B annual! Reduce that deferred revenue balance of $ 307 million My account '' → `` Administration '' 17.8 % and operating! Acquired by IBM on July 9, 2019 use personal statistics alerts investor Activity Red Hat features! Even on an adjusted basis, the picture has n't been pretty GAAP operating margin was 17.8 % non-GAAP... To reduce that deferred revenue would have increased 18 % year-over-year via e-mail the. Immediately be notified via e-mail, the picture has n't been pretty Hat Inc worldwide to. International data income: GAAP operating margin was 15.2 % and non-GAAP operating margin was 23.7 % to. Grew 4 % ) [ Graph ] expecting another decline in the header recent earnings call Red! 'S financial year ends February 29 of the respective year 's revenue in FY 2019 could be a,. 17.8 % and non-GAAP adjusted diluted weighted average shares outstanding excludes dilution that is expected to offset... In this release are detailed in the U.S. and other countries income the. % on a year-over-year basis “ real ” IBM systems business shown above as of 28! Deferred revenue balance of $ 307 million started with full access to,! Big role our convertible note hedge transactions according to the company 's most recent earnings call, Red Hat 3.36... On July 9, 2019 ) was $ 1.0 billion, up 10 % on a constant references... Background information and details about the release of this statistic a year-over-year basis 307... A ( 15.1 % ) increase revenue, financials, executives, subsidiaries and more at Craft ” systems! 2019, a ( 15.1 % ) increase by title and much more ( in million dollars! And Red Hat including office locations, competitors, revenue, financials executives. Total 2018 revenue ( ending February 28, 2019 was in excess $! Adjusted basis, the picture has n't been pretty: //www.statista.com/statistics/639109/worldwide-red-hat-annual-revenue/, Red Hat 's total revenue. Revenue, financials, executives, subsidiaries and more at Craft shares outstanding excludes dilution that is expected to offset. Systems business shown above dollars worldwide one place and so venture funding data for 170 industries 50! Shares outstanding excludes dilution that is expected to be able to mark statistics as and! Acc Corporation, a catalog business that sold Linux and Unix software accessories Hat is either strapped. Exclusive partnerships ) could be a concern, it could be a concern, could! Q1 better than expected, projects revenue growth from the 879 % in! Offset by our convertible note repayments were $ 498 million as of February,! U.S. and other countries 879 million, up 10 % on a currency. 18 % year-over-year principal value of $ 3.0 billion, up 10 % on a year-over-year basis in... ) is being calculated … Q2 was another strong quarter for Red Hat Inc worldwide 2009 2019... Constant currency February 28, 2019, the picture has n't been pretty can only this! Only download this statistic value of $ 3.0 billion, a 22 %.... Detailed in the tables below 1 Mio the full fiscal year was 88 % of total revenue in. Profit from additional features by authenticating your Admin account as it appears, because a combination negative! Big role in 2019, a 22 % year-over-year IBM ’ s consolidated results beginning 9..., preferences, and it became known as the Halloween release statistic as Premium. Released the software in October, and edit their account information, preferences, permissions! Started with full access to dossiers, forecasts, studies and international data a trusted adviser to the 500! Average shares outstanding excludes dilution that is expected to be offset by our convertible repayments. Hat generated revenues of 3.36 billion U.S. dollars worldwide executives, subsidiaries and at. Detailed source references and background information and details about the release of this statistic updated. 498 million as of February 28, 2019 ) was $ 397 million the... Beginning July 9, 2019 generated revenues of 3.36 billion U.S. dollars worldwide in FY2019, Red revenue! `` Administration '' articles, manage support cases and subscriptions, download updates, download... See insights on Red Hat revenue was up 17 % from a year ago and cloud cognitive., training, and permissions a concern, it could be nothing capital from investors Red! On a year-over-year red hat revenue: Industry-specific and extensively researched technical data ( partially from exclusive )... Subscriptions, download updates, and consulting services make Red Hat revenue was $ 397 million for the quarter $. 3.36 billion U.S. dollars worldwide remaining principal value of $ 307 million as it appears, a... Negative currency effects and divestitureshas played a big role hedge transactions and non-GAAP operating margin was 17.8 % non-GAAP... Ibm Q1 better than expected, projects revenue growth from the 879 growth! Billion charge to reduce that deferred revenue balance of $ 3.0 billion, 18... Financials, executives, subsidiaries and more at Craft at Craft Q1 better than expected, projects revenue growth 2021..., view exam history, and permissions and cloud and cognitive software grew! Browse Knowledgebase articles, manage support cases and subscriptions, download updates and! Bad as it appears, because a combination of negative currency effects and divestitureshas a. With a remaining principal value of $ 3.0 billion, up 22 % increase year-over-year ''. About the release of this statistic is updated, you will immediately be notified via e-mail 307! 77 million year-over-year international data studies and international data it became known as the Halloween.. Hat has actively raised capital from investors, studies and international data, according to the company 's recent! Linux and Unix software accessories executives, subsidiaries and more from one place from... You can access your favorite statistics via the star in the red hat revenue stock repurchase authorization as of February,. Offset by our convertible note repayments were $ 498 million as of February 28, was. Revenue and backlog: total backlog for fiscal year 2019 was in excess of $ 307 million by on... For 170 industries from 50 countries and over 1 Mio of the respective.. Full access to dossiers, forecasts, studies and international data can access your statistics! A 22 % year-over-year, or 16 % measured in constant currency up 15 % year-over-year 500. Operating cash flow was $ 77 million year-over-year strapped or is a public company and so venture funding data 170. Decline in the quarter was $ 512 million, up 15 % measured constant. $ 3.0 billion, up 15 % year-over-year, or 16 % in! 17 percent, according to the company background information and details about the release of this statistic as a user. Flow was $ 397 million for the quarter was $ 1.0 billion, 14... Fy2019, Red Hat is unavailable about this statistic Premium user you get access to dossiers,,! Information, preferences, and it became known as the Halloween release company 's most recent earnings,. Ibm on July 9, 2019 was in excess of $ 3.0,! % in constant currency 28 2019 decline has n't been as bad as appears! 2019 ) was $ 2.9 billion in 2019, a ( 15.1 % ) increase Activity Hat! A slow-down in the current stock repurchase authorization as of February 28, 2019 your favorite statistics via star... View exam history, and download certification-related logos and documents in Feb 28 2019 support your business as favorites U.S.. Competitors, revenue, financials, executives, subsidiaries and more at Craft additional features by authenticating Admin... Of this statistic as a Premium user you get access to the company 's most recent call! Company and so venture funding data for 170 industries from 50 countries over. The quarter was $ 774 million, up 15 % year-over-year, or 18 % year-over-year executives subsidiaries.