Qualtrics
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|
Revenues | 290m | 402m | 591m | 764m | 1.1b | 1.5b |
% growth | - | 39 % | 47 % | 29 % | 41 % | 36 % |
EBITDA | 13.9m | (18.3m) | (974m) | (229m) | (1.0b) | (951m) |
% EBITDA margin | 5 % | (5 %) | (165 %) | (30 %) | (94 %) | (65 %) |
Profit | 2.6m | (37.3m) | (1.0b) | (273m) | (1.1b) | (1.1b) |
% profit margin | 1 % | (9 %) | (170 %) | (36 %) | (98 %) | (73 %) |
R&D budget | 40.7m | 65.9m | 242m | 213m | 324m | 427m |
R&D % of revenue | 14 % | 16 % | 41 % | 28 % | 30 % | 29 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$70.0m | Series A | ||
$150m Valuation: $1.2b | Series B | ||
$180m | Series C | ||
* | $8.0b Valuation: $8.0b 27.6x EV/LTM Revenues 576.4x EV/LTM EBITDA | Acquisition | |
* | N/A | N/A Valuation: $27.0b 35.4x EV/LTM Revenues -118.1x EV/LTM EBITDA | IPO |
* | $12.5b Valuation: $12.5b 8.6x EV/LTM Revenues -13.1x EV/LTM EBITDA | Buyout | |
* | $500m | Growth Equity VC | |
Total Funding | CAD1.2b |
Related Content
Recent News about Qualtrics
EditQualtrics is a leading provider of Experience Management (XM) software, which helps organizations understand and improve the experiences of their customers and employees. The company operates in the technology and software market, serving a diverse range of clients including large enterprises, small and medium-sized businesses, and government agencies. Qualtrics' XM platform leverages artificial intelligence to gather and analyze data from various touchpoints, enabling businesses to make informed decisions and enhance their products, services, and overall brand experience.
Qualtrics offers three main suites of tools designed to create exceptional customer frontlines, build high-performing teams, and develop products that people love. These suites help organizations track and manage customer feedback, employee engagement, and product performance. By continuously monitoring and improving these areas, businesses can increase market share, accelerate growth, and foster brand loyalty.
The company's business model is primarily subscription-based, with clients paying for access to the XM platform and its various features. This recurring revenue model provides a stable and predictable income stream for Qualtrics. Additionally, the company offers professional services such as consulting and training to help clients maximize the value of their XM investments.
Qualtrics makes money by selling subscriptions to its software platform and offering additional services. The platform's AI-driven capabilities allow clients to gain actionable insights, leading to better decision-making and improved business outcomes. This value proposition has attracted over 11,000 of the world's top organizations to use Qualtrics' solutions.
In summary, Qualtrics is a key player in the Experience Management market, providing powerful tools to help businesses understand and improve their customer and employee experiences. The company's AI-driven platform, subscription-based business model, and focus on continuous improvement make it a valuable partner for organizations looking to enhance their brand and drive growth.
Keywords: Experience Management, AI-driven, customer feedback, employee engagement, product performance, subscription-based, brand loyalty, market share, business growth, professional services.