Red Hat Statistics and Revenue Totals for 2024

Red Hat is an American software company that specializes in open source software solutions for businesses and organizations. The company offers a range of products and services, including operating systems, middleware, storage, and cloud-based solutions.

Red Hat was founded in 1993 by Bob Young and Marc Ewing in Durham, North Carolina, USA. The company started out as a small distributor of a Linux-based operating system called Red Hat Linux, which quickly gained popularity among software developers and other technology professionals.Over time, Red Hat expanded its operations and started offering a wider range of products and services, including enterprise-level solutions for businesses and organizations. The company has also been involved in various open source software initiatives and has contributed to a number of open source projects, including the development of the Linux kernel.

Today, Red Hat is headquartered in Raleigh, North Carolina, and operates in more than 100 countries worldwide. The company has a global workforce of over 13,000 employees and reported revenues of $3.4 billion in fiscal year 2020. Red Hat is known for its commitment to open source software and has a strong reputation for innovation and customer support. In 2019, Red Hat was acquired by IBM in a deal worth $34 billion.

Red Hat Statistics

Red Hat Employee Count

How any Red Hat employees are there?

20,000 (2022)

Red Hat Revenue Totals

Red Hat annual revenue:

• FY 2019: $3.3 billion
• FY 2018: $2.9 billion
• FY 2017: $2.4 billion
• FY 2016: $2 billion
• FY 2015: $1.7 billion

Red Hat annual net income :

• FY 2019: $433 million
• FY 2018: $261 million
• FY 2017: $255 million
• FY 2016: $199 million
• FY 2015: $180 million

Please note that some of these numbers are easier to find than others. A few of these Red Hat 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%.

Related Categories:

Related Tags:

About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other site is DisneyNews.us.

View all posts by Craig Smith →