What is Avid Technology?

Avid is reshaping the entire media value chain with powerful technology for creating, managing, storing, distributing and monetizing film, television and music. Our tools and platforms empower more than a million users and thousands of media enterprises to tell powerful stories and build better businesses.

With enhanced collaboration, advanced automation, end-to-end integration and workflow orchestration, Avid today helps aspiring artists, creative professionals, production teams and media enterprises to thrive in the digital era. (source)

Avid Technology Employee Count

Number of Avid Technology employees:

1,429 employees

Last updated 1/1/20

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Avid Technology Revenue Totals

Avid Technology annual revenue:

• 2021: $409 million
• 2020: $360 million
• 2019: $411 million
• 2018: $413 million
• 2017: $419 million
• 2016: $511 million
• 2015: $505 million

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Avid Technology annual net income:

• 2021: $41.3 million
• 2020: $11 million
• 2019: $7.6 million
• 2018: $10.6 million net loss
• 2017: $13.5 million net loss
• 2016: $48.2 million
• 2015: $2.4 million

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Please note that some of these numbers are easier to find than others. A few of these Avid Technology statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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