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Switch revenue
Switch's revenue is $592.0 million.
What is Switch's revenue?
- Switch's revenue growth from 2016 to 2021 is 85.97%.
- Switch has 759 employees, and the revenue per employee ratio is $780,032.
- Switch's peak quarterly revenue was $174.5M in 2022(q3).
- Switch peak revenue was $592.0M in 2021.
- Switch annual revenue for 2020 was 511.5M, 10.65% growth from 2019.
- Switch annual revenue for 2021 was 592.0M, 15.74% growth from 2020.
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Switch historical revenue
Switch's peak revenue was $592.0M in 2021. The peak quarterly revenue was $174.5M in 2022(q3).
Switch's revenue increased from $318.4m in 2016 to $592.0M currently. That's a 85.97% change in annual revenue.
Switch annual revenue
Switch annual revenue over time
| Fiscal year / year | Switch revenue |
|---|---|
| 2016 | $318.4M |
| 2017 | $378.3M |
| 2018 | $405.9M |
| 2019 | $462.3M |
| 2020 | $511.5M |
| 2021 | $592.0M |
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Switch annual growth
Switch saw the greatest revenue growth in 2017, when revenue increased by 18.82%.
Switch had the lowest revenue growth in 2018, when revenue changed by 7.29%.
Switch annual growth rate over time
| Year | Switch growth |
|---|---|
| 2017 | 19%↑ |
| 2018 | 7%↑ |
| 2019 | 14%↑ |
| 2020 | 11%↑ |
| 2021 | 16%↑ |
Switch quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Switch quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2017 | - | - | $97.7M | $99.3M |
| 2018 | $97.7M | $102.2M | $102.8M | $103.2M |
| 2019 | $107.4M | $112.0M | $122.4M | $120.5M |
| 2020 | $128.1M | $126.9M | $128.8M | $127.7M |
| 2021 | $130.9M | $141.7M | $158.1M | $161.4M |
| 2022 | $164.6M | $168.2M | $174.5M | - |
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Do you work at Switch?
Is Switch transparent about its revenue structure?
Switch financial information
| CEO | Rob Roy |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 759 |
| Date Founded | 2000 |
| Headquarters | Las Vegas, Nevada |
| Number of Locations | 5 |
| Revenue | $592.0M |
| Net Income | $5,412,000 |
| Gross Proft | $252.4M (2021) |
| PE Ratio | 362.80 |
| Tax Rate | 0.2% |
| Market Capitalization | $2.0B |
| Total Assets | $2,918,618,000 |
| Ticker | SWCH |
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Switch financing
Switch received early financing of $1.5M on 2015-09-16.
| Series | Round size | Date |
|---|---|---|
| Debt | $6M | 11/2018 |
| Debt | $2.5M | 03/2017 |
| Debt | $1.5M | 09/2015 |
Switch investors
| Investors | Security type |
|---|---|
| Human Capital | Convertible Note - Switch |
| Watertower Ventures | Convertible Note - Switch |
| Social Capital | Convertible Note - Switch |
| Brendan Weitz | Convertible Note - Switch |
| Moshe Lifschitz | Convertible Note - Switch |
| Jonathan Neman | Convertible Note - Switch |
| Jonathan Neman | Convertible Note - Switch |
| Brendan Weitz | Convertible Note - Switch |
| Moshe Lifschitz | Convertible Note - Switch |
| Michael Broukhim | Convertible Note - Switch |
Switch competitors
Switch's top competitor, ATN International, earned an annual revenue of $602.7M.
Switch's smallest competitor is Horizon Data Center Solutions with revenue of $260.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Horizon Data Center Solutions | - | $260,000 | 6 | - |
| INAP | - | $317.0M | 600 | - |
| ATN International | - | $602.7M | 1,000 | - |
| EATEL | - | $147.0M | 50 | - |
| Barclay Communications | - | $17.5M | 37 | - |
| Jim Feist Sports | - | $2.2M | 30 | - |
| Pacific Telecommunications | - | $5.1M | 50 | - |
| BridgeCom Holdings | - | $450,000 | 7 | - |
| Sencommunications | - | $28.3M | 20 | - |
| Socket | - | - | 6 | - |
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Zippia gives an in-depth look into the details of Switch, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Switch. The employee data is based on information from people who have self-reported their past or current employments at Switch. 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 Switch. The data presented on this page does not represent the view of Switch and its employees or that of Zippia.
Switch may also be known as or be related to SWITCH, INC., Switch, Switch Inc, Switch Inc. and Switch, Inc.