Rank
26
Red Hat
BOSTON, MA - JUNE 27: Jan Holzer, a senior consulting engineer, demonstrates the five-finger touch control screen tablet table in one of the customer conference rooms at the new Red Hat computing and executive center in Fort Point in Boston on Jun. 27, 2017. (Photo by John Tlumacki/The Boston Globe via Getty Images)Boston Globe via Getty Images
The company that popularized open-source software for servers has long rewarded investors, with total shareholder returns averaging 29% annually over the past three years. Red Hat hit a speed bump during the second quarter, missing its expected revenue marks and spooking the markets; the company attributed the decline to an anomaly having to do with a past change in its contract model. But revenues still grew by 14% year over year, and among the top 25 customers that renewed, the average contract was at 115% of its previous value.
Company Information
| Overall Score | 3 |
| Sector | Technology |
| Industry | Software |
| CEO | James M. Whitehurst |
| Website | www.redhat.com |
| Employees | 11,870 |
| HQ Location | Raleigh, N.C. |
| Revenues ($M) (Past 12 Months) | $3,157 |
| Profits ($M) (Past 12 Months) | $289 |
| Market Value as of Oct. 10, 2018 ($M) | $20,709 |