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NetSuite revenue
NetSuite's revenue is $53.0 billion.
What is NetSuite's revenue?
- NetSuite annual revenue for 2023 was 50.0B, 17.7% growth from 2022.
- NetSuite annual revenue for 2024 was 53.0B, 6.02% growth from 2023.
- NetSuite's revenue growth from 2005 to 2024 is 348.86%.
- NetSuite has 4,603 employees, and the revenue per employee ratio is $11,505,757.
- NetSuite's peak quarterly revenue was $14.3B in 2024(q4).
- NetSuite peak revenue was $53.0B in 2024.
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NetSuite historical revenue
NetSuite's peak revenue was $53.0B in 2024. The peak quarterly revenue was $14.3B in 2024(q4).
NetSuite's revenue increased from $11.8b in 2005 to $53.0B currently. That's a 348.86% change in annual revenue.
NetSuite annual revenue
NetSuite annual revenue over time
| Fiscal year / year | NetSuite revenue |
|---|---|
| 2009 | $23.3B |
| 2010 | $26.8B |
| 2011 | $35.6B |
| 2012 | $37.1B |
| 2013 | $37.2B |
| 2014 | $38.3B |
| 2015 | $38.2B |
| 2016 | $37.0B |
| 2017 | $37.8B |
| 2018 | $39.4B |
| 2019 | $39.5B |
| 2020 | $39.1B |
| 2021 | $40.5B |
| 2022 | $42.4B |
| 2023 | $50.0B |
| 2024 | $53.0B |
How accurately did NetSuite's revenue projections match actual performance?
NetSuite annual growth
NetSuite saw the greatest revenue growth in 2011, when revenue increased by 32.82%.
NetSuite had the lowest revenue growth in 2016, when revenue changed by -3.08%.
NetSuite annual growth rate over time
| Year | NetSuite growth |
|---|---|
| 2009 | 4%↑ |
| 2010 | 15%↑ |
| 2011 | 33%↑ |
| 2012 | 4%↑ |
| 2013 | 0%↑ |
| 2014 | 3%↑ |
| 2015 | -0%↓ |
| 2016 | -3%↓ |
| 2017 | 2%↑ |
| 2018 | 4%↑ |
| 2019 | 0%↑ |
| 2020 | -1%↓ |
| 2021 | 4%↑ |
| 2022 | 5%↑ |
| 2023 | 18%↑ |
| 2024 | 6%↑ |
NetSuite quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
NetSuite quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $5.3B | $5.6B | $5.5B | $6.9B |
| 2010 | $5.1B | $5.9B | $6.4B | $9.5B |
| 2011 | $7.5B | $8.6B | $8.8B | $10.8B |
| 2012 | $8.4B | $8.8B | $9.0B | $10.9B |
| 2013 | $8.2B | $9.1B | $9.0B | $10.9B |
| 2014 | $8.4B | $9.3B | $9.3B | $11.3B |
| 2015 | $8.6B | $9.6B | $9.3B | $10.7B |
| 2016 | $8.4B | $9.0B | $9.0B | $10.6B |
| 2017 | $8.6B | $9.0B | $9.2B | $11.0B |
| 2018 | $9.1B | $9.6B | $9.7B | $11.0B |
| 2019 | $9.2B | $9.6B | $9.6B | $11.1B |
| 2020 | $9.2B | $9.6B | $9.8B | $10.4B |
| 2021 | $9.4B | $9.8B | $10.1B | $11.2B |
| 2022 | $9.7B | $10.4B | $10.5B | $11.8B |
| 2023 | $11.4B | $12.3B | $12.4B | $13.8B |
| 2024 | $12.5B | $12.9B | $13.3B | $14.3B |
| 2025 | $13.3B | $14.1B | $14.1B | - |
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Is NetSuite transparent about its revenue structure?
NetSuite financial information
| CEO | Zach Nelson |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 4,603 |
| Date Founded | 1998 |
| Headquarters | San Mateo, California |
| Number of Locations | 30 |
| Revenue | $53.0B |
| Net Income | $8,503,000,000 |
| Gross Proft | $37.8B (2024) |
| EBITDA | $18.3B (2024) |
| Tax Rate | 0.1% |
| Total Assets | $134,384,000,000 |
| Ticker | ORCL |
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NetSuite financing
NetSuite received early financing of $20.0M on 2000-06-20.
| Series | Round size | Date |
|---|---|---|
| Series C | $20M | 06/2000 |
| Series D | $30M | 04/2001 |
| Series E | $20.0M | 02/2002 |
| Series F | $15.0M | 07/2003 |
| Series G | $19.9M | 01/2004 |
| Series H | $15M | 04/2005 |
| Debt Financing | $20M | 03/2006 |
| Secondary Market | $17.9M | 02/2007 |
NetSuite investors
| Investors | Security type |
|---|---|
| Co Investment 2000 Fund | Series C |
| Tako Ventures LLC | Series C |
| PaineWebber | Series C |
| StarVest Partners | Series C |
| Invest Inc | Series C |
| Automatic Data Processing, Inc. | Series C |
| Tako Ventures LLC | Series D |
| StarVest Partners | Series D |
| Tako Ventures LLC | Series G |
| StarVest Partners | Series G |
| Tako Ventures LLC | Series H |
| StarVest Partners | Series H |
| Tako Ventures LLC | Debt Financing |
| Meritech Capital Partners | Secondary Market |
NetSuite competitors
NetSuite's top competitor, Intuit, earned an annual revenue of $16.3B.
NetSuite's smallest competitor is InterDyn BMI with revenue of $710.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| VMware | $126,075 | $13.4B | 31,000 | 2 |
| Workday | $125,723 | $8.4B | 12,500 | 134 |
| Intuit | $106,118 | $16.3B | 10,600 | 1,070 |
| Highmetric | $88,575 | - | 76 | - |
| Citrix | $114,526 | $3.2B | 9,000 | 6 |
| Nutanix | $131,890 | $2.1B | 5,000 | 716 |
| MicroStrategy | $90,587 | $496.3M | 2,528 | 49 |
| Juniper Networks | $120,409 | $5.1B | 9,400 | - |
| Micro Focus (US), Inc. | $75,964 | $3.0B | 12,000 | - |
| Plex Systems | $76,072 | $40.0M | 750 | - |
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Zippia gives an in-depth look into the details of NetSuite, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NetSuite. The employee data is based on information from people who have self-reported their past or current employments at NetSuite. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by NetSuite. The data presented on this page does not represent the view of NetSuite and its employees or that of Zippia.
NetSuite may also be known as or be related to NETSUITE INC, NetSuite, NetSuite Inc, NetSuite Inc., Netsuite and Netsuite Inc.