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Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth25 %11 %18 %18 %8 %16 %23 %
EBITDA0000000000000000000000000000
% EBITDA margin1 %(11 %)(18 %)(12 %)19 %21 %22 %
Profit0000000000000000000000000000
% profit margin(15 %)(29 %)(32 %)(19 %)(6 %)-3 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue25 %26 %27 %30 %---

Source: Company filings or news article, Equity research estimates

More about New Relic
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New Relic, accessible at newrelic.com, is a prominent player in the field of observability and application performance monitoring (APM). The company provides a comprehensive platform that helps businesses monitor and manage their entire technology stack, from front-end user interfaces to back-end infrastructure. This includes tracking and analyzing metrics, logs, and traces to ensure optimal performance and quick issue resolution.

New Relic serves a diverse clientele ranging from small startups to large enterprises across various industries. Its primary market includes companies that rely heavily on digital services and applications, such as e-commerce, finance, healthcare, and technology sectors. These clients use New Relic's tools to gain insights into their software performance, improve user experiences, and maintain robust security measures.

The business operates on a subscription-based model, offering various pricing tiers based on the level of service and features required by the client. This model ensures a steady revenue stream as customers pay for ongoing access to New Relic's platform and its extensive capabilities. The company also offers a free tier to attract new users and encourage them to upgrade to paid plans as their needs grow.

New Relic makes money by providing value through its unified data platform, which integrates over 700 different tools and services. This platform leverages artificial intelligence (AI) to enhance observability, allowing clients to monitor everything from infrastructure vulnerabilities to mobile app performance. By consolidating monitoring tools and offering a single, cohesive solution, New Relic helps businesses streamline operations and reduce costs.

In summary, New Relic is a leader in the observability market, offering a unified platform that integrates a wide range of monitoring tools to help businesses optimize their digital services. Its subscription-based business model and extensive integration capabilities make it a valuable partner for companies looking to enhance their technology stack performance.

Keywords: observability, APM, digital services, infrastructure, metrics, logs, traces, AI, integration, subscription.

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Investments by New Relic

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Ducksboard
ACQUISITION by New Relic Nov 2014
CoScale
ACQUISITION by New Relic Oct 2018
opsmatic
ACQUISITION by New Relic Nov 2015
Immediately
ACQUISITION by New Relic Jul 2016
Hitch
ACQUISITION by New Relic Oct 2017
SignifAI
ACQUISITION by New Relic Feb 2019
IOpipe
ACQUISITION by New Relic Nov 2019
CodeStream
ACQUISITION by New Relic Oct 2021
Pixielabs
ACQUISITION by New Relic Dec 2020