Red Hat-Future 50 2018
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 Score3
    SectorTechnology
    IndustrySoftware
    CEOJames M. Whitehurst
    Websitewww.redhat.com
    Employees11,870
    HQ LocationRaleigh, 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