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Ultimate Software's revenue is $1.1 billion.

What is Ultimate Software's revenue?

Ultimate Software's annual revenue is $1.1B. Zippia's data science team found the following key financial metrics about Ultimate Software after extensive research and analysis.
  • Ultimate Software's revenue growth from 2001 to 2018 is 1,817.56%.
  • Ultimate Software has 5,144 employees, and the revenue per employee ratio is $221,723.
  • Ultimate Software's peak quarterly revenue was $335.0M in 2019(q1).
  • Ultimate Software peak revenue was $1.1B in 2018.
  • Ultimate Software annual revenue for 2017 was 940.7M, 20.41% growth from 2016.
  • Ultimate Software annual revenue for 2018 was 1.1B, 21.24% growth from 2017.

On this page

Most recent quarter revenue
$335.0M (Q1'2019)
Company most recent quarter revenue
Peak revenue
$1.1B (2018)
Company peak revenue
Revenue / employee
$221,723
Company revenue / employee

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Most recent quarter revenue
$335.0M (Q1'2019)
Company most recent quarter revenue
Peak revenue
$1.1B (2018)
Company peak revenue
Revenue / employee
$221,723
Company revenue / employee

Ultimate Software historical revenue

Ultimate Software's peak revenue was $1.1B in 2018. The peak quarterly revenue was $335.0M in 2019(q1).

Ultimate Software's revenue increased from $59.5m in 2001 to $1.1B currently. That's a 1,817.56% change in annual revenue.

Ultimate Software annual revenue

$1B
$912M
$684M
$456M
$228M
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018

Ultimate Software annual revenue over time

Fiscal year / yearUltimate Software revenue
2009$196.3M
2010$227.8M
2011$269.2M
2012$332.3M
2013$410.4M
2014$505.9M
2015$618.1M
2016$781.3M
2017$940.7M
2018$1.1B

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Ultimate Software annual growth

Ultimate Software saw the greatest revenue growth in 2007, when revenue increased by 31.92%.

Ultimate Software had the lowest revenue growth in 2002, when revenue changed by -7.28%.

Ultimate Software annual growth rate over time

YearUltimate Software growth
2009
10%
2010
16%
2011
18%
2012
23%
2013
24%
2014
23%
2015
22%
2016
26%
2017
20%
2018
21%

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Ultimate Software financial information

CEOMichael C. Bush
IndustrySoftware & Services
Company TypePrivate
Employees Number5,144
Date Founded1990
HeadquartersWeston, Florida
Number of Locations8
Revenue$1.0B
Net Income$65,140,000
Gross Proft$708.8M (2018)
PE Ratio126.41
Tax Rate0.2%
Market Capitalization$8.2B
Total Assets$1,560,019,000
TickerULTI

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Ultimate Software financing

Ultimate Software received early financing of $5.0M on 1996-04-01.

SeriesRound sizeDate
Series A$5M04/1996
Series B$8M06/1997
Post Ipo Equity$2.6M10/2013
Post Ipo Equity$3.4M11/2013

Ultimate Software investors

InvestorsSecurity type
HarbourVest PartnersSeries B

Ultimate Software competitors

Ultimate Software's top competitor, NetSuite, earned an annual revenue of $53.0B.

Ultimate Software's smallest competitor is Orpine with revenue of $4.7M last year.

Ultimate Software revenue FAQs

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Zippia gives an in-depth look into the details of Ultimate Software, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ultimate Software. The employee data is based on information from people who have self-reported their past or current employments at Ultimate Software. 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 Ultimate Software. The data presented on this page does not represent the view of Ultimate Software and its employees or that of Zippia.

Ultimate Software may also be known as or be related to The Ultimate Software Group Inc, The Ultimate Software Group, Inc., UKG Inc, ULTIMATE SOFTWARE GROUP INC, Ultimate Software, Ultimate Software Group and Ultimate Software Group Inc.