RHT on NYSE

Red Hat

Logo: Red Hat, Public domain, via Wikimedia Commons4

American open source software company

Red Hat, LLC (formerly Red Hat Software, Inc. and then Red Hat, Inc.) is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

Mar 27, 1993Founded1

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  • TickerRHT on NYSE1
  • Industrysoftware industry1
  • HeadquartersRaleigh1
  • Websitewww.redhat.com
  • Legal formDelaware corporation, public company1
  • Incorporated inDE5
  • Business address100 East Davie Street, Raleigh, Nc 276015
  • Filer categoryLarge accelerated filer5
Red Hat Tower (formerly headquarters of Progress Energy Inc.) -- 20 May 2012 (panoramio.com) (cropped)
Photo: James Willamor, CC BY-SA 3.0, via Wikimedia Commons6

Red Hat, LLC (formerly Red Hat Software, Inc. and then Red Hat, Inc.) is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide.3

The story

Founded by Bob Young and Marc Ewing on Mar 27, 1993.1

Leadership

Who has led Red Hat, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • 389 Directory Server
  • Fedora Linux
  • WildFly
  • software

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

  • IBM since Jul 9, 2019

Subsidiaries

  • Inktank Storage
  • Red Hat (Israel)
  • Red Hat (United Kingdom)
  • Red Hat Czech
  • Red Hat Germany
  • StackRox since 2021

Also owns

  • Mugshot
  • Gluster since 2011

From Wikidata.1

Acquisitions

  1. 2021StackRox became a subsidiary1
  2. 2011Acquired Gluster1
  3. Succeeded Cygnus Solutions1
  4. Succeeded Qumranet1

Employees over time

  • 202219,0001
  • 201712,0001

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Red Hat revenue by year1$2.1B in 2016+54% since 2013
0$1.0B$2.0B$3.0B2013: $1.3B$1.3B20132014: $1.5B$1.5B2014+15%2015: $1.8B$1.8B2015+17%2016: $2.1B$2.1B2016+15%
  • 2016$2.1B1
  • 2015$1.8B1
  • 2014$1.5B1
  • 2013$1.3B1

Net income

  • 2017$253.7M1

Timeline

  1. Jul 12, 2022New chief executive Matt Hicks becomes CEO1
  2. Apr 6, 2020New chief executive Paul Cormier becomes CEO1
  3. Jul 9, 2019Acquired Acquired by IBM1
  4. Dec 2007New chief executive Jim Whitehurst becomes CEO1
  5. Aug 11, 1999Went public Listed on NYSE1
  6. 1999New chief executive Matthew Szulik becomes CEO1
  7. Mar 27, 1993Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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