Cohesity
Financial Performance
Cohesity Revenue & Financials
Revenue
$550M (FY2024)
Market Cap
$7B
Employees
3,400
What is Cohesity's revenue?
Cohesity had $550M in revenue for fiscal year 2024, up 22.2% from 2023. It reported a net loss of $120M.
- Latest revenue
- $550M (FY2024)
- Year-over-year
- +22.2%
- Growth rate (CAGR)
- 78.4% over 9 years
- Peak revenue
- $550M (FY2024)
- Years of data
- 10
- Employees
- 3,400
- How much profit does Cohesity make?
- Cohesity reported a net loss of $120M for fiscal year 2024.
- How many employees does Cohesity have?
- Cohesity has about 3,400 employees.
Financial Analysis
Cohesity's financial architecture is marked by rapid ARR growth, expanding gross margins, and massive enterprise scale unlocked by the Veritas merger. Prior to the combination, Cohesity generated approximately $550 million in annual recurring revenue (ARR), with cloud-delivered SaaS annual recurring revenue growing at over 100% year-over-year. The strategic combination with Veritas's data protection business creates an industry behemoth with over $1.6 billion in combined annual revenue, positive adjusted EBITDA exceeding $400 million, and substantial operating cash flows. Gross margins across its software subscription lines consistently exceed 78%, benefiting from software-defined decoupling from commodity hardware. The combined entity possesses a strong capital structure backed by leading institutional investors—including SoftBank Vision Fund, Sequoia Capital, Premji Invest, and Cisco—positioning Cohesity for a landmark public market debut.
Revenue Trend Analysis
YoY Change
+22.2%
9-Year CAGR
+78.4%
Peak Year
2024
Trend
Consistent Growth
Cohesity has 10 full fiscal year figures on this page, compounding at +78.4% annually over 9 years. The most recent year saw a 22.2% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $550M. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $550M | -$120M | +22.2% |
| FY2023 | $450M | -$155M | +25.0% |
| FY2022 | $360M | -$180M | +24.1% |
| FY2021 | $290M | -$160M | +26.1% |
| FY2020 | $230M | -$140M | +43.8% |
| FY2019 | $160M | -$110M | +68.4% |
| FY2018 | $95M | -$75M | +111.1% |
| FY2017 | $45M | -$45M | +200.0% |
| FY2016 | $15M | -$25M | +400.0% |
| FY2015 | $3M | -$12M | — |
Click any row to see year details.
Keep researching Cohesity
Cohesity Revenue and Financial FAQ
What was Cohesity's latest reported annual revenue?
In its latest audited financial reporting period, Cohesity recorded consolidated net revenue of $550.0M, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Cohesity?
Cohesity generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Cohesity's capital and liquidity position?
Cohesity maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Cohesity distribute capital to shareholders?
Cohesity executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Cohesity Revenue & Financials." CorpDigest, https://corpdigest.com/company/cohesity/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Cohesity reported $550M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/cohesity/financials" target="_blank" rel="noopener">CorpDigest — Cohesity financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Cohesity
Core profile pages, founders and related research hubs for this company.