Investors have a big appetite for Big Data. Splunk, which helps companies turn data into usable information via A.I. and machine learning, has seen its stock rise an impressive 108% since its low in March. The company, which counts 91 of the Fortune 100 as clients, recently conducted a survey that found 57% of respondents fear that the volume of data is growing faster than their organizations’ ability to keep up. No wonder Splunk’s annual recurring revenue from its cloud subscription business was up 89% in the most recent fiscal quarter.
Courtesy of Splunk
Company Information
As of 6/5/23
Country
U.S.
Headquarters
San Francisco
Industry
Computer Software
CEO
Gary Steele
Website
Company Type
Public
Ticker
SPLK
Revenues ($M)
$3,654
Profits ($M)
$-278
Market Value ($M)
$15,868
Employees
8,000
Figures are for fiscal year ended Jan. 31, 2023. Market value as of March 31, 2023.
Future 50As of 12/3/20
Overall Score
3.2
Sector
Information Technology
Historical Data
| Year | Revenues ($M) | Profits ($M) |
|---|---|---|
| 2017 | $1,074 | $-351 |
