Private company

Sumo Logic

U.S. information technology company

Sumo Logic, Inc. is a cloud-based data analytics company, focusing on cybersecurity, security analytics and observability.3 From Wikipedia, CC BY-SA 4.0

Last updated Oct 19, 2026.

Overview

$300.7MRevenue, fiscal 20235
-$124.8MNet income, fiscal 20235
2010Founded1
  • Industrysoftware industry1
  • HeadquartersRedwood City1
  • Websitewww.sumologic.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address855 Main Street, Suite 100, Redwood City, Ca 940636
  • Filer categoryLarge accelerated filer6
  • LEI549300L85NQSIULERR884
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 48054994
Sumo Logic Booth Generic
Photo: Melissambeck12, CC0, via Wikimedia Commons8

Sumo Logic, Inc. is a cloud-based data analytics company, focusing on cybersecurity, security analytics and observability. It provides log management and analytics services based on artificial intelligence.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

67.6%Gross margin5
-42.2%Operating margin5
-41.5%Net margin5
24.2%Revenue growth, 20235
-33.3%Return on equity5
-$27.7MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue32¢$97.6M
  • Research and development35¢$104.9M
  • Other costs32¢$95.2M
  • Interest0¢$173.0K
  • Income tax1¢$2.8M

Out of $300.7M in revenue.5 The company lost money this year.

Financial statements

Revenue9105$300.7M in 2023+190% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $103.6M$103.6M20192020: $155.1M$155.1M2020+50%2021: $202.6M$202.6M2021+31%2022: $242.1M$242.1M2022+19%2023: $300.7M$300.7M2023+24%
Gross profit9105$203.1M in 2023+172% since 2019
0$100.0M$200.0M$300.0M2019: $74.6M$74.6M20192020: $110.6M$110.6M2020+48%2021: $146.1M$146.1M2021+32%2022: $163.8M$163.8M2022+12%2023: $203.1M$203.1M2023+24%
Operating income9105-$126.9M in 2023+163% since 2019
-$150.0M-$100.0M-$50.0M02019: -$48.2M-$48.2M20192020: -$93.1M-$93.1M2020+93%2021: -$77.7M-$77.7M2021−17%2022: -$121.3M-$121.3M2022+56%2023: -$126.9M-$126.9M2023+5%
Net income9105-$124.8M in 2023+161% since 2019
-$150.0M-$100.0M-$50.0M02019: -$47.8M-$47.8M20192020: -$92.1M-$92.1M2020+93%2021: -$80.3M-$80.3M2021−13%2022: -$123.4M-$123.4M2022+54%2023: -$124.8M-$124.8M2023+1%
Fiscal year201820192020202120222023
Revenue$103.6M9$155.1M10$202.6M5$242.1M5$300.7M5
Cost of revenue$29.0M9$44.5M10$56.5M5$78.3M5$97.6M5
Gross profit$74.6M9$110.6M10$146.1M5$163.8M5$203.1M5
Research and development$36.2M9$52.5M10$70.2M5$94.7M5$104.9M5
Operating expenses$285.1M5$330.0M5
Operating income-$48.2M9-$93.1M10-$77.7M5-$121.3M5-$126.9M5
Interest$105.0K9$123.0K10$703.0K5$174.0K5$173.0K5
Income before tax-$121.4M5-$122.0M5
Income tax$607.0K9$901.0K10$1.5M5$1.9M5$2.8M5
Net income-$47.8M9-$92.1M10-$80.3M5-$123.4M5-$124.8M5
Earnings per share-$6.1810-$1.655-$1.135-$1.065
Earnings per share (diluted)-$6.1810-$1.655-$1.135-$1.065
Shares (weighted, basic)108.7M shares5117.8M shares5
Shares (weighted, diluted)108.7M shares5117.8M shares5

Compare Sumo Logic with another company

The story

Sumo Logic was founded in 2010 by ArcSight veterans Kumar Saurabh and Christian Beedgen.

While Sumo Logic remained in stealth mode for two years, it unveiled its cloud-based log management platform with Series B funding of $15 million in January 2012.

Sumo Logic closed a Series E funding round in June 2015, bringing its total VC backing to $160.5 million.

In 2016, Sumo Logic launched a data analytics platform that unifies logs and metrics to analyze structured metrics data and unstructured log data in real-time through graphical, interactive dashboards.

At the AWS 2017 conference, Sumo Logic presented its machine data analytics service which combines the analytics of Docker and Kubernetes. The service streamlines data ingestion for Sumo Logic's machine data analytics service hosted on Amazon Web Services.

On June 27, 2017, the company closed its Series F round for $75 million.

In 2018, Sumo Logic announced its integration expansion with Google Cloud Platform, GCP applications and TensorFlow. In September 2018, Sumo Logic announced the addition of cloud SIEM to its platform.

In May 2019, Sumo Logic announced a $110 million Series G investment.

Read the full text

On September 17, 2020, Sumo Logic debuted on the NASDAQ stock exchange in its initial public offering as a public company.

In 2021, evidence showed that, while Sumo Logic was neither a party to the criminal case nor any charges or claims were ever made against the company, former advisor Michael Kail intentionally misled Sumo Logic into believing there was no conflict of interest between Kail and Netflix. The US Department of Justice convicted Kail on a number of counts related to the kickback agreements received amongst multiple vendors, Sumo Logic being one.

In February 2023, investment firm Francisco Partners agreed to acquire Sumo Logic for $1.7 billion. The transaction finalized and the company was taken private in May 2023.

Prior to going private, Sumo Logic received funding from Accel Partners, DFJ Growth, Greylock Partners, Institutional Venture Partners, Sequoia Capital, Sapphire Ventures, Sutter Hill Ventures, angel investor Shlomo Kramer, Battery Ventures, Tiger Global Management and Franklin Templeton.

From Wikipedia’s article on Sumo Logic, shared under CC BY-SA 4.0.7

Leadership

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

Board members and other officers (15)

Acquisitions

In 2019, the company acquired JASK to combine its security operations center (SOC) with Sumo Logic's security information and event management (SIEM) services. In April 2019, Sumo Logic launched a bidirectional integration for Atlassian’s OpsGenie incident alert service, allowing users to create and analyze alerts and incident data.

It expanded into security orchestration, automation, and response (SOAR) technology and monitoring workflow software with the acquisitions of DFLabs and Sensu in 2021. That same year, the company announced DevSecOps tools on its platform.

Sumo Logic's architecture features an elastic exabyte scale platform that collects, manages, and analyzes enterprise log data, reducing millions of log lines into operational and security insights in real time. Its elastic processing is used to collect, manage, and analyze log data, regardless of type, volume, or location. A cloud-based approach overcomes the inherent problems of premises-based solutions, including limits on scalability, inefficient or haphazard analysis, and uncontrolled costs. Sumo Logic is built around a globally distributed data retention architecture that keeps all log data available for instant analysis, eliminating the need for an enterprise to manage the cost and complexity of data archiving, backups and restoration. The service is entirely cloud-based and maintenance-free.

In 2025, Sumo Logic Dojo AI, an agent-powered security operations service, was launched. Dojo AI uses three agents (Mobot, Query Agent and Summary Agent) to automate routine tasks and streamline security operations.

From Wikipedia’s article on Sumo Logic, shared under CC BY-SA 4.0.7

Timeline

  1. Sep 21, 2020New chief executive Ramin Sayar becomes CEO15
  2. 2010Founded Founded1

Filings

155 filings to the SEC since October 2021: 3 annual reports, 4 quarterly reports, 18 major events, 102 insider forms, 8 large holders, 20 other. The latest 20:

  1. Feb 12, 2024SC 13G/A EDGAR
  2. May 22, 202315-12G EDGAR
  3. May 15, 2023S-8 POS EDGAR
  4. May 15, 2023S-8 POS EDGAR
  5. May 15, 2023S-8 POS EDGAR
  6. May 15, 2023S-8 POS EDGAR
  7. May 15, 2023S-8 POS EDGAR
  8. May 15, 20238-K EDGAR
  9. May 12, 20234 FORM 4 SUBMISSION EDGAR
  10. May 12, 20234 FORM 4 SUBMISSION EDGAR
  11. May 12, 20234 FORM 4 SUBMISSION EDGAR
  12. May 12, 20234 FORM 4 SUBMISSION EDGAR
  13. May 12, 20234 FORM 4 SUBMISSION EDGAR
  14. May 12, 20234 FORM 4 SUBMISSION EDGAR
  15. May 12, 20234 FORM 4 SUBMISSION EDGAR
  16. May 12, 20234 FORM 4 SUBMISSION EDGAR
  17. May 12, 20234 FORM 4 SUBMISSION EDGAR
  18. May 12, 20234 FORM 4 SUBMISSION EDGAR
  19. May 12, 20234 FORM 4 SUBMISSION EDGAR
  20. May 12, 20234 FORM 4 SUBMISSION EDGAR

The 155 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

65 open-market trades by officers, directors and large owners since October 2021: 0 buys and 65 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 15, 2023Beedgen ChristianDirectorSale6,961$11.84$82.4KForm 4
Mar 15, 2023Chettiar Suku KrishnarajChief Marketing OfficerSale9,339$11.84$110.6KForm 4
Mar 15, 2023Grierson StewartChief Financial OfficerSale10,842$11.84$128.4KForm 4
Mar 15, 2023Haar KatherineGeneral Counsel and SecretarySale6,813$11.84$80.7KForm 4
Mar 15, 2023McCord JenniferChief Accounting OfficerSale5,121$11.84$60.6KForm 4
Mar 15, 2023McDonald Lynne DohertyPresident WWD Field OperationsSale9,803$11.84$116.1KForm 4
Mar 15, 2023Sayar RaminPresident and CEOSale21,812$11.84$258.3KForm 4
Dec 15, 2022Beedgen ChristianDirectorSale11,339$8.30$94.1KForm 4
Dec 15, 2022Chettiar Suku KrishnarajChief Marketing OfficerSale45,554$8.30$378.1KForm 4
Dec 15, 2022Grierson StewartChief Financial OfficerSale55,480$8.30$460.5KForm 4
Dec 15, 2022Haar KatherineGeneral Counsel and SecretarySale6,794$8.30$56.4KForm 4
Dec 15, 2022McCord JenniferChief Accounting OfficerSale4,989$8.30$41.4KForm 4
Dec 15, 2022McDonald Lynne DohertyPresident WWD Field OperationsSale56,527$8.30$469.2KForm 4
Dec 15, 2022Sayar RaminPresident and CEOSale32,719$8.30$271.6KForm 4
Oct 10, 2022Haar KatherineGeneral Counsel and SecretarySale10,044$6.94$69.7KForm 4
Sep 15, 2022McCord JenniferChief Accounting OfficerSale7,316$8.80$64.4KForm 4
Sep 15, 2022Haar KatherineGeneral Counsel and SecretarySale5,547$8.80$48.8KForm 4
Sep 15, 2022Chettiar Suku KrishnarajChief Marketing OfficerSale8,946$8.80$78.7KForm 4
Sep 15, 2022Beedgen ChristianDirectorSale6,627$8.80$58.3KForm 4
Sep 15, 2022Sayar RaminPresident and CEOSale30,883$8.80$271.8KForm 4

All 65 trades can be filtered by person here when JavaScript is on.

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.

Sources

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

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