Private company
Ping Identity Holding Corp.
American prepackaged software services company, incorporated in Delaware1
In its 2022 annual report the company says: “We deliver on this mission by providing intelligent identity solutions for the enterprise, leveraging artificial intelligence and machine learning to provide real-time authentication. We enable companies to achieve zero trust security by making identity frictionless, giving our customer the ability to go faster, get to the cloud and reduce costs, all while improving their end-user experiences. We serve more than half of the Fortune 100, and we have partnerships with companies such as Microsoft and Amazon.”43 It is headquartered in Denver, Colorado.1
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue32¢$94.9M
- Research and development26¢$78.5M
- Other costs35¢$104.1M
- Interest1¢$3.0M
- Income tax6¢$18.9M
Out of $299.4M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2021
- Capital spending10¢$4.2M
- Kept or used elsewhere90¢$37.5M
Out of $41.7M of cash from operations.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $172.5M4 | $201.6M5 | $242.9M3 | $243.6M3 | $299.4M3 | |
| Cost of revenue | $35.8M4 | $44.6M5 | $55.7M3 | $68.2M3 | $94.9M3 | |
| Gross profit | $136.7M4 | $157.0M5 | $187.2M3 | $175.4M3 | $204.6M3 | |
| Research and development | $26.2M4 | $36.2M5 | $46.0M3 | $48.9M3 | $78.5M3 | |
| Operating expenses | $283.6M3 | |||||
| Operating income | $24.3M4 | $15.9M5 | $7.4M3 | -$26.7M3 | -$79.0M3 | |
| Interest | $19.3M4 | $15.8M5 | $12.9M3 | $2.4M3 | $3.0M3 | |
| Income before tax | -$83.3M3 | |||||
| Income tax | -$13.2M4 | $3.4M5 | -$8.2M3 | -$14.3M3 | -$18.9M3 | |
| Net income | $19.0M4 | -$13.4M5 | -$1.5M3 | -$11.9M3 | -$64.4M3 | |
| Earnings per share | $0.294 | -$0.214 | -$0.023 | -$0.153 | -$0.783 | |
| Earnings per share (diluted) | $0.294 | -$0.214 | -$0.023 | -$0.153 | -$0.783 | |
| Shares (weighted, basic) | 82.3M shares3 | |||||
| Shares (weighted, diluted) | 82.3M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash | $23.6M4 | $21.0M4 | $83.5M5 | $67.6M3 | $145.7M3 | $220.6M3 |
| Receivables | $83.0M3 | |||||
| Current assets | $201.4M4 | $227.7M5 | $316.7M3 | $401.1M3 | ||
| Property, plant and equipment | $9.4M3 | |||||
| Goodwill | $528.5M3 | |||||
| Intangible assets | $190.1M3 | |||||
| Total assets | $857.0M4 | $872.8M5 | $990.5M3 | $1.2B3 | ||
| Accounts payable | $4.5M3 | |||||
| Short-term debt | $1.1M3 | |||||
| Current liabilities | $62.1M4 | $74.0M5 | $80.5M3 | $121.5M3 | ||
| Long-term debt | $241.1M4 | $50.9M5 | $149.0M3 | $291.2M3 | ||
| Long-term liabilities | $315.1M3 | |||||
| Total liabilities | $347.9M4 | $162.3M5 | $269.3M3 | $436.6M3 | ||
| Retained earnings | -$83.8M3 | |||||
| Shareholders’ equity | $498.8M4 | $520.7M5 | $509.1M3 | $710.5M3 | $721.1M3 | $741.4M3 |
| Shares outstanding | 65.0M shares4 | 79.6M shares5 | 81.2M shares3 | 83.8M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash from operations | $3.4M4 | $22.9M5 | $5.8M3 | $22.4M3 | $41.7M3 | |
| Depreciation and amortization | $44.4M3 | |||||
| Stock-based compensation | $55.8M3 | |||||
| Capital spending | $2.5M4 | $3.4M5 | $8.7M3 | $2.6M3 | $4.2M3 | |
| Free cash flow | $904.0K | $19.4M | -$2.9M | $19.8M | $37.5M | |
| Cash from investing | -$103.1M3 | |||||
| Share buybacks | $76.0K5 | |||||
| Cash from financing | $135.5M3 |
Corporate structure
Ping Identity Holding Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Ping Identity Holding Corp.
- VEP Group, LLC Filed SC 13G/A on Ping Identity Holding Corp., latest Oct 19, 2022
- Senvest Management, LLC Filed SC 13G on Ping Identity Holding Corp., latest May 25, 2022
- VANGUARD GROUP INC Filed SC 13G on Ping Identity Holding Corp., latest Feb 10, 2022
- FMR LLC Filed SC 13G/A on Ping Identity Holding Corp., latest Feb 9, 2022
- Vista Equity Partners Fund VI, L.P. Filed SC 13G/A on Ping Identity Holding Corp., latest Feb 9, 2022
- Ping Identity Holding Corp. Denver, Colorado
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Ping Identity Holding Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $22.4M3 Dec 31, 2021 | $19.5M3 Dec 31, 2020 | +14.5% |
| Accumulated depreciation | $13.0M3 Dec 31, 2021 | $10.1M3 Dec 31, 2020 | +28.6% |
| Property and equipment, net | $9.4M3 Dec 31, 2021 | $9.4M3 Dec 31, 2020 | −0.5% |
| Operating-lease assets (leased space) | $13.7M3 Dec 31, 2021 | $15.6M3 Dec 31, 2020 | −12.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $220.6M3 Dec 31, 2021 | $145.7M3 Dec 31, 2020 | +51.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $528.5M3 Dec 31, 2021 | $441.1M3 Dec 31, 2020 | +19.8% |
| Intangible assets, net (excluding goodwill) | $190.1M3 Dec 31, 2021 | $180.4M3 Dec 31, 2020 | +5.4% |
| Accumulated amortization | $161.0M3 Dec 31, 2021 | $128.6M3 Dec 31, 2020 | +25.2% |
| Finite-lived intangibles, net | $190.1M3 Dec 31, 2021 | $180.4M5 Dec 31, 2020 | +5.4% |
Leadership
Who has led Ping Identity Holding Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerAndre Wong Durand Sep 18, 2019 to Oct 20, 20228
- Chief financial officerRaj M. Dani Sep 18, 2019 to Oct 20, 20229
- Chief operating officerBryan Kristian Nagel Sep 18, 2019 to Aug 5, 202210
Board members and other officers (14)
- Chief Accounting OfficerAdriana Zenia Carpenter Sep 18, 2019 to Oct 12, 202111
- Chief Technology OfficerBernard Harguindeguy Sep 18, 2019 to Nov 2, 202112
- Board memberAnil Arora May 3, 2022 to Oct 20, 202213
- Board memberVikram Verma May 3, 2022 to Oct 20, 202214
- Board memberDiane J. Gherson Mar 1, 2021 to Oct 20, 202215
- Board memberMartin A. Taylor Dec 3, 2020 to Oct 20, 202216
- Board memberAndre Wong Durand Sep 18, 2019 to Oct 20, 20228
- Board memberClifford K. Chiu Sep 18, 2019 to Jun 1, 202017
- Board memberLisa Hook Sep 18, 2019 to Jun 1, 202218
- Board memberMichael Eugene Fosnaugh Sep 18, 2019 to Oct 20, 202219
- Board memberRod Moattar Aliabadi Sep 18, 2019 to Oct 20, 202220
- Board memberYancey L. Spruill Sep 18, 2019 to Oct 20, 202221
- General counselShalini Sharma Jan 18, 2022 to Oct 20, 202222
- General counselLauren Adrienne Romer Sep 18, 2019 to Jan 4, 202223
Former names
- Roaring Fork Holding, Inc.Jul 15, 2016 to Aug 5, 20192
Timeline
- Oct 18, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer24
- Oct 17, 20228-K Shareholder vote25
- Oct 7, 20228-K Other events26
- Aug 3, 20228-K Other events27
- Aug 3, 20228-K Results of operations28
- Aug 3, 20228-K Entered a material agreement; Other events29
- Jul 19, 20228-K Bankruptcy or receivership; Executive or director change30
- Jul 1, 20228-K Executive or director change31
- May 6, 20228-K Executive or director change; Shareholder vote32
- May 4, 20228-K Results of operations33
- Mar 1, 20228-K Executive or director change; Regulation FD disclosure34
- Feb 24, 20228-K Results of operations35
- Sep 18, 2019New chief executive Andre Wong Durand becomes CEO8
Calendar
When it reported results
- Aug 3, 2022Reported quarterly or annual results28
- May 4, 2022Reported quarterly or annual results33
- Feb 24, 2022Reported quarterly or annual results35
- Nov 5, 2021Reported quarterly or annual results36
- Nov 3, 2021Reported quarterly or annual results37
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
99 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 19 major events, 50 insider forms, 5 large holders, 21 other. The latest 20:
- Oct 28, 202215-12G EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 20, 20224 OWNERSHIP DOCUMENT EDGAR
- Oct 19, 2022SC 13G/A EDGAR
- Oct 19, 2022S-8 POS EDGAR
- Oct 19, 2022S-8 POS EDGAR
- Oct 18, 20228-K EDGAR
- Oct 17, 20228-K EDGAR
- Oct 12, 20224 OWNERSHIP DOCUMENT EDGAR
The 99 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
10 open-market trades by officers, directors and large owners since October 2021: 0 buys and 10 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 3, 2022 | DURAND ANDRE WONGCEO, DIRECTOR | Sale | 100,000 | $27.87 | $2.8M | Form 4 |
| Apr 13, 2022 | NAGEL BRYAN KRISTIANCHIEF OPERATING OFFICER | Sale | 59,000 | $30.07 | $1.8M | Form 4 |
| Apr 13, 2022 | DANI RAJ M.Chief Financial Officer | Sale | 26,564 | $29.48 | $783.1K | Form 4 |
| Apr 12, 2022 | DANI RAJ M.Chief Financial Officer | Sale | 32,334 | $28.85 | $932.8K | Form 4 |
| Apr 11, 2022 | NAGEL BRYAN KRISTIANCHIEF OPERATING OFFICER | Sale | 39,000 | $28.17 | $1.1M | Form 4 |
| Mar 25, 2022 | DURAND ANDRE WONGCEO, DIRECTOR | Sale | 100,000 | $26.04 | $2.6M | Form 4 |
| Nov 22, 2021 | DURAND ANDRE WONGCEO, DIRECTOR | Sale | 100,000 | $25.37 | $2.5M | Form 4 |
| Nov 12, 2021 | Vista Equity Partners Fund VI, L.P.10% owner | Sale | 11,500,000 | $27.85 | $320.3M | Form 4 |
| Nov 1, 2021 | ROMER LAUREN ADRIENNEChief Legal Officer | Sale | 1,000 | $28.35 | $28.4K | Form 4 |
| Oct 1, 2021 | ROMER LAUREN ADRIENNEChief Legal Officer | Sale | 1,000 | $24.71 | $24.7K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VEP Group, LLCSC 13G/A, 1 filing Oct 19, 202238
- Senvest Management, LLCSC 13G, 1 filing May 25, 202239
- VANGUARD GROUP INCSC 13G, 1 filing Feb 10, 202240
- FMR LLCSC 13G/A, 1 filing Feb 9, 202241
- Vista Equity Partners Fund VI, L.P.SC 13G/A, 1 filing Feb 9, 202242
SEC filer profile
How Ping Identity Holding Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPing Identity Holding Corp.1
- CIK0001679826
- Employer ID (EIN)81-29333831
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- Business addressC/O Ping Identity Holding Corp., 1001 17Th Street, Suite 100, Denver, CO 802021
- Phone(303) 468-29001
- Shares outstanding85,924,844 as of Jul 29, 20227
- Public float$1.3B as of Jun 30, 20213
- On EDGAR sinceJul 15, 20161
- Filings274 in all: 4 (125), 8-K (37), 3 (21), DEFA14A (14), 10-Q (9), CORRESP (6), SC 13G (6), SC 13G/A (4)1
All 35 form types
UPLOAD (4), 10-K (3), 424B4 (3), 424B7 (3), DEF 14A (3), DRS (3), DRS/A (3), EFFECT (3), FWP (3), S-1 (3), D (2), DRSLTR (2), S-8 (2), S-8 POS (2), 15-12G (1), 25-NSE (1), 4/A (1), 8-A12B (1), 8-K/A (1), CERT (1), DEFM14A (1), DEFR14A (1), PRE 14A (1), PREM14A (1), S-1/A (1), S-1MEF (1), S-3ASR (1)
- Latest filingsAnnual report (10-K) Feb 24, 2022
Quarterly report (10-Q) Aug 4, 2022
Proxy statement (DEF 14A) Mar 21, 2022
Latest 8-K (8-K) Oct 18, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9SEC EDGARRaj M. Dani, Chief financial officer
- 10
- 11
- 12
- 13SEC EDGARAnil Arora, Board member
- 14SEC EDGARVikram Verma, Board member
- 15SEC EDGARDiane J. Gherson, Board member
- 16SEC EDGARMartin A. Taylor, Board member
- 17SEC EDGARClifford K. Chiu, Board member
- 18SEC EDGARLisa Hook, Board member
- 19
- 20SEC EDGARRod Moattar Aliabadi, Board member
- 21SEC EDGARYancey L. Spruill, Board member
- 22SEC EDGARShalini Sharma, General counsel
- 23
- 24
- 25SEC EDGARShareholder vote
- 26SEC EDGAROther events
- 27SEC EDGAROther events
- 28SEC EDGARResults of operations
- 29
- 30
- 31SEC EDGARExecutive or director change
- 32
- 33SEC EDGARResults of operations
- 34
- 35SEC EDGARResults of operations
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43