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Red Hat Inc  (RHT)
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RHT's Net Income Growth by Quarter and Year

Red Hat Inc's Net Income results by quarter and year




RHT Net Income (in millions $) FY 2020 FY 2019 FY 2018 FY 2017
IV Quarter February - 139.49 -12.55 65.80
III Quarter November - 94.45 101.31 67.94
II Quarter August - 86.85 96.86 58.77
I Quarter May 141.12 113.19 73.19 61.18
FY   141.12 433.98 258.81 253.69



RHT Net Income first quarter 2020 Y/Y Growth Comment
Red Hat Inc achieved in the first quarter, above Company average Net Income growth of 24.68% year on year, to $ 141.12 millions.

Among companies who have reported first quarter results in the Internet Services & Social Media industry only one Company has achieved higher year on year Net Income results in the first quarter. While Red Hat Inc' s Net Income rise of 24.68% ranks overall at the positon no. 405 in the first quarter.




RHT Net Income ( Y/Y Growth %) 2020
2019 2018 2017
IV Quarter February - - - 24.06 %
III Quarter November - -6.77 % 49.12 % 45.02 %
II Quarter August - -10.33 % 64.81 % 14.34 %
I Quarter May 24.68 % 54.65 % 19.63 % 27.22 %
FY   - 67.68 % 2.02 % 27.24 %

Financial Statements
Red Hat Inc's first quarter 2020 Net Income $ 141.12 millions RHT's Income Statement
Red Hat Inc's first quarter 2019 Net Income $ 113.19 millions Quarterly RHT's Income Statement
New: More RHT's historic Net Income Growth >>


RHT Net Income (Quarter on Quarter Growth %)

2020
2019 2018 2017
IV Quarter February - 47.69 % - -3.15 %
III Quarter November - 8.75 % 4.59 % 15.6 %
II Quarter August - -23.27 % 32.34 % -3.94 %
I Quarter May 1.17 % - 11.23 % 15.35 %
FY (Year on Year)   - 67.68 % 2.02 % 27.24 %




Net Income first quarter 2020 Y/Y Growth Company Ranking
Within: No.
Internet Services & Social Media Industry #2
Technology Sector #33
Overall #405

Net Income Y/Y Growth Statistics
High Average Low
56.3 % 6.36 % -43.28 %
(Aug. 31, 2009)   (Nov. 30. 2009)
Net Income first quarter 2020 Y/Y Growth Company Ranking
Within: No.
Internet Services & Social Media Industry #2
Technology Sector #33
Overall #405
Net Income Y/Y Growth Statistics
High Average Low
56.3 % 6.36 % -43.28 %
(Aug. 31, 2009)   (Nov. 30. 2009)

Net Income by Quarter for the Fiscal Years 2017, 2018, 2019, 2020

Red Hat Inc's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
56.3 % 6.36 % -43.28 %
(Aug. 31, 2009)  


RHT's I. Quarter Q/Q Net Income Comment
Red Hat Inc achieved in the I. Quarter 2020 below company average Net Income growth of 1.17% quarter on quarter, to $ 141.12 millions.

I. Quarter 2020 Net Income quarter on quarter growth were paradoxical, even if beneath the average, yet it presents absolute improvement relative to the % in the I. Quarter 2019.

Within Internet Services & Social Media industry only one company achieved higher sequential Net Income growth. While Red Hat Inc's Net Income growth quarter on quarter, overall rank is 405.


Net Income Q/Q Growth Company Ranking
Within: No.
Internet Services & Social Media Industry #2
Technology Sector #33
Overall #405
Net Income Q/Q Growth Company Ranking
Within: No.
Internet Services & Social Media Industry #2
Technology Sector #33
Overall #405
Net Income Q/Q Growth Statistics
High Average Low
56.3 % 6.36 % -43.28 %
(Aug. 31, 2009)  


RHT's I. Quarter Q/Q Net Income Comment
Red Hat Inc achieved in the I. Quarter 2020 below company average Net Income growth of 1.17% quarter on quarter, to $ 141.12 millions.

Even if the I. Quarter 2020 RHT's Net Income sequential growth was below the average , it was yet good story, as the I. Quarter surge, eclipses the % surge in the I. Quarter 2019

Within Internet Services & Social Media industry only one company achieved higher sequential Net Income growth. While Red Hat Inc's Net Income growth quarter on quarter, overall rank is 405.


Red Hat Inc's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(May 31 2019)
12 Months Ending
(Feb 28 2019)
12 Months Ending
(Nov 30 2018)
12 Months Ending
(Aug 31 2018)
12 Months Ending
(May 31 2018)
Cumulative Net Income 12 Months Ending $ 461.92 $ 433.99 $ 281.94 $ 288.80 $ 298.80
Y / Y Net Income Growth (TTM) 54.59 % 67.69 % -16.38 % -4.94 % 12.45 %
Year on Year Net Income Growth Overall Ranking # 526 # 478 # 425 # 31 # 1089
Seqeuential Net Income Change (TTM) 6.44 % 53.93 % -2.37 % -3.35 % 15.46 %
Seq. Net Income Growth (TTM) Overall Ranking # 160 # 139 # 663 # 1863 # 656




Cumulative Net Income growth Comment
Assuming the Red Hat Inc's fiscal year would have ended in May 31 2019, Red Hat Inc would have reprted above average annual Net Income growth of 54.59% year on year, of $ 462 millions.
This marks a slow-down of the companys growth trends and from the 67.69% increase in Feb 28 2019. But looking into other companies within Internet Services & Social Media industry, just one company had higher Net Income growth.

In the Technology sector 67 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 478 to 526.

Net Income TTM Q/Q Growth Statistics
High Average Low
53.93 %
4.64 %
-23.24 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Internet Services & Social Media Industry # 2
Technology Sector # 68
Overall # 526

Net Income TTM Y/Y Growth Statistics
High Average Low
379.23 %
28.55 %
-16.38 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 21
S&P 500 # 160
Cumulative Net Income growth Comment
Assuming the Red Hat Inc's fiscal year would have ended in May 31 2019, Red Hat Inc would have reprted above average annual Net Income growth of 54.59% year on year, of $ 462 millions.
This marks a slow-down of the companys growth trends and from the 67.69% increase in Feb 28 2019. But looking into other companies within Internet Services & Social Media industry, just one company had higherNet Income growth.

In the Technology sector 67 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 478 to 526.

Net Income TTM Q/Q Growth Statistics
High Average Low
53.93 %
4.64 %
-23.24 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Internet Services & Social Media Industry # 2
Technology Sector # 68
Overall # 526

Net Income TTM Y/Y Growth Statistics
High Average Low
379.23 %
28.55 %
-16.38 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 21
S&P 500 # 160




Other Net Income Growth
Internet Services & Social Media Industry Net Income Growth Trends and Statistics
Technology Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
RHT's Net Income Growth Ratio versus Internet Services & Social Media Industry, Technology Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for RHT's Competitors
Net Income Growth for Red Hat Inc's Suppliers
Net Income Growth for RHT's Customers

You may also want to know
RHT's Annual Growth Rates RHT's Profitability Ratios RHT's Asset Turnover Ratio RHT's Dividend Growth
RHT's Roe RHT's Valuation Ratios RHT's Financial Strength Ratios RHT's Dividend Payout Ratio
RHT's Roa RHT's Inventory Turnover Ratio RHT's Growth Rates RHT's Dividend Comparisons



Companies with similar Net Income increase for the quarter ending May 31 2019 within Technology SectorY/Y Change %Net Income for the quarter ending May 31 2019
Ihs Markit Ltd 30.39%$ 30.385 millions
Red Hat Inc24.68%$ 24.675 millions
Simulations Plus Inc 20.06%$ 20.061 millions


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