Red Hat, Inc. (RHT) financial statements (2021 and earlier)

Company profile

Business Address 100 EAST DAVIE STREET
RALEIGH, NC 27601
State of Incorp. DE
Fiscal Year End February 28
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

5/31/2019
Q1
2/28/2019
Q4
11/30/2018
Q3
8/31/2018
Q2
5/31/2018
Q1
2/28/2018
Q4
11/30/2017
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,2191,6921,6421,5461,5861,4851,716
Cash and cash equivalents2,0421,3981,2541,2811,2561,1671,331
Short-term investments178293388265330318385
Restricted cash and investments     4 
Receivables529980733516499807532
Prepaid expense251283241247247260216
Capitalized contract cost183 174   
Other current assets37256946612641
Other undisclosed current assets70485111222512553 
Total current assets:3,2893,4642,9702,5782,9063,1352,505
Noncurrent Assets
Property, plant and equipment200199195195197206202
Long-term investments and receivables188249296389429430605
Long-term investments188249296389429430605
Intangible assets, net (including goodwill)1,4721,4831,4891,4921,4991,5141,272
Goodwill1,2731,2771,2861,2781,2791,2891,121
Intangible assets, net (excluding goodwill)199206204213220225151
Capitalized contract cost, net46 35   
Other noncurrent assets80827169798867
Other undisclosed noncurrent assets29811346848393108
Total noncurrent assets:2,2842,1252,1332,2292,2862,3322,255
TOTAL ASSETS:5,5745,5885,1034,8075,1925,4674,759
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:458491433406360427342
Accounts payable 75   56 
Accrued liabilities 1   1 
Employee-related liabilities 277   241 
Taxes payable 57   58 
Other undisclosed accounts payable and accrued liabilities4588143340636070342
Debt18970192419524 
Deferred revenue and credits1,6841,7211,8541,482
Contract with customer, liability2,0162,1611,739   
Other liabilities0001111
Total current liabilities:2,6642,7232,3642,0942,2762,3051,825
Noncurrent Liabilities
Long-term debt and lease obligation 232324512555744762
Long-term debt, excluding current maturities 232324512555744762
Liabilities, other than long-term debt9641,020992911929947739
Deferred revenue and credits710723741623
Contract with customer, liability781821791   
Other liabilities183199201201206205116
Total noncurrent liabilities:9641,2521,3161,4231,4831,6911,501
Total liabilities:3,6283,9743,6793,5173,7603,9963,326
Stockholders' equity
Stockholders' equity attributable to parent1,7581,6141,4241,2901,4321,4701,433
Common stock0000000
Treasury stock, value(3,243)(3,189)(3,059)(3,055)(2,658)(2,525)(2,506)
Additional paid in capital2,8532,7922,6152,5772,4002,4162,351
Accumulated other comprehensive loss(48)(43)(47)(52)(44)(33)(36)
Retained earnings2,1952,0541,9151,8201,7331,6121,624
Total stockholders' equity:1,7581,6141,4241,2901,4321,4701,433
Other undisclosed liabilities and equity188      
TOTAL LIABILITIES AND EQUITY:5,5745,5885,1034,8075,1925,4674,759

Income statement (P&L) ($ in millions)

5/31/2019
Q1
2/28/2019
Q4
11/30/2018
Q3
8/31/2018
Q2
5/31/2018
Q1
2/28/2018
Q4
11/30/2017
Q3
Revenues934879847823814772748
Revenue, net772748
Cost of revenue(144)(133)(124)(119)(123)(113)(112)
Cost of goods and services sold(144) (124)(119)(123)(113)(112)
Gross profit:790746723704691660636
Operating expenses(658)(590)(614)(569)(579)(528)(518)
Operating income:132157109135112132118
Nonoperating income88756164
Investment income, nonoperating9878855
Other nonoperating income (expense)(1)0(0)(2)(2)11(1)
Interest and debt expense(2)(4)(4)(5)(6)(6)(6)
Income from continuing operations before income taxes:139160112135111142116
Income tax expense (benefit)2(20)(17)(48)2(155)(15)
Net income (loss) available to common stockholders, diluted:1411399487113(13)101

Comprehensive Income ($ in millions)

5/31/2019
Q1
2/28/2019
Q4
11/30/2018
Q3
8/31/2018
Q2
5/31/2018
Q1
2/28/2018
Q4
11/30/2017
Q3
Net income (loss):1411399487113(13)101
Other comprehensive income (loss)(5)54(8)(11)3(3)
Comprehensive income (loss), net of tax, attributable to parent:1361449979102(9)99

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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