HashiCorp

HashiCorp, Inc. engages in the infrastructure automation for multi-cloud environments. Its software products include Vault for security, Terraform, Consul, and Vagrant for infrastructure, Consul for networking, and Nomad for applications. The company was founded by Mitchell Wright Hashimoto and Armon Dadgar in November 2012 and is headquartered in San Francisco, CA.

Earnings data Q4 2022

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Earnings data Q3 2024

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Earnings data Q3 2025

HashiCorp Exceeds Q1 Expectations Amid Economic Challenges, Aims for Profitability

HashiCorp's Q1 performance exceeded expectations, with strong revenue growth and positive free cash flow. Despite economic challenges impacting deal cycles and workforce reduction, the company remains focused on cloud initiatives and customer trust-building efforts, aiming for profitability in the future.

HashiCorp reports solid Q2 results, optimistic about future growth

HashiCorp's Q2 performance showcased strong revenue growth and customer expansion. While facing challenges related to cautious spending and elongated expansion cycles, the company remains optimistic about future growth and is actively pursuing opportunities to unlock new markets and drive further expansion.

HashiCorp reports robust Q3 revenue growth and strategic cloud focus

HashiCorp's Q3 performance demonstrated strong revenue growth and a focus on building an integrated cloud platform offering. While facing challenges in sales team behavior and net retention impact, the company is strategically aiming for profitability and addressing the skills gap through partnerships. The opportunities lie in the increasing adoption of HCP by enterprise customers and the introduction of a bundle approach to accelerate product extension.

HashiCorp surpasses Q4 revenue targets, eyes growth amid challenges

HashiCorp's Q4 performance exceeded expectations, driven by strong revenue growth, customer additions, and product demand.
The company's focus on product strengths like TerraForm and security offerings positions it well for future growth and customer retention.
Challenges include macro conditions impacting customer purchases and the need to meet advanced breakeven targets amidst market dynamics.
Opportunities lie in leveraging demand trends, investing in new capabilities, and strengthening partnerships for sustained growth and innovation.

HashiCorp reports robust Q1 earnings amidst workforce realignment

HashiCorp's Q1 2024 performance reflects strong revenue growth, positive free cash flow, and strategic workforce realignment to drive future success.
While facing short-term margin challenges and economic uncertainties, HashiCorp remains well-positioned in the cloud computing market with a focus on innovation.
The company's commitment to sustaining investments in key areas and confidence in new revenue guidance signal resilience and strategic foresight.

HashiCorp surpasses Q2 earnings expectations, eyes future growth strategies

HashiCorp's Q2 2024 earnings call highlighted strong financial performance, customer growth, and product innovation.
While facing challenges such as a growth slowdown and elongated deal cycles, the company remains optimistic about future growth prospects.
Strategic partnerships, focus on profitability, and upcoming events position HashiCorp for continued success in the cloud market.
Leadership's emphasis on transparency, innovation, and long-term opportunities underscores HashiCorp's strategic vision and resilience.

HashiCorp reports strong Q3 results, eyes cloud growth for profitability

HashiCorp's Q3 showed robust growth, strategic focus on cloud solutions, and commitment to profitability. Challenges include managing customer spending expansion and retention impact. Opportunities exist in driving cloud growth and achieving profitability through cost management.

HashiCorp surpasses Q4 targets, eyes growth in cloud initiatives

HashiCorp's Q4 performance exceeded expectations, with strong revenue growth and future revenue targets.
Initiatives for growth and focus on security and multi-cloud adoption position the company well.
Challenges include revenue growth rate recovery and balancing new business and expansion.
Opportunities lie in multi-cloud adoption, security solutions, and process efficiencies.

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HashiCorp, Inc. engages in the provision of infrastructure automation solutions for multi-cloud environments. Its software products include Vault for security, Terraform, Consul, Vagrant for infrastructure, Consul for networking, and Nomad for applications. The company was founded by Mitchell Wright Hashimoto and Armon Dadgar in November 2012 and is headquartered in San Francisco, CA.

HashiCorp's multi-cloud and open-source automation tools give it an edge in the competitive cloud computing market. The company's cloud-agnostic approach allows seamless integration with multiple cloud platforms, helping customers avoid vendor lock-in. HashiCorp's financials are improving, with steady revenue growth and improved profitability, showcasing its ability to thrive in the market.

HashiCorp: Well-Positioned In Booming Cloud Market

HashiCorp and Google Cloud will launch new product capabilities powered by Vertex AI and add support for Duet AI to help enhance automation workflows for developers SAN FRANCISCO and SUNNYVALE, Calif. , Dec. 13, 2023 /PRNewswire/ -- Google Cloud and HashiCorp, Inc. (Nasdaq: HCP) today announced an expansion of their partnership to build and deliver functional generative AI to enhance automation and accelerate the cloud transformation efforts of their mutual customers.

Google Cloud and Hashicorp Extend Partnership to Advance Product Offerings with Generative AI

HashiCorp's third-quarter revenue and earnings easily beat expectations. But the company also revealed significantly lower net dollar retention rates, spurring concerns over a deceleration in growth.

Why HashiCorp Stock Dropped Today

HashiCorp (NASDAQ: HCP ) stock is falling on Friday after the cloud infrastructure automation solutions released its fiscal Q3 2024 earnings report. The HashiCorp earnings report starts with adjusted earnings per share of 3 cents.

Why Is HashiCorp (HCP) Stock Down 22% Today?

HashiCorp, Inc. (NASDAQ:HCP ) Q3 2024 Earnings Conference Call December 7, 2023 5:00 PM ET Company Participants Alex Kurtz - VP, IR and Corporate Development Dave McJannet - CEO Navam Welihinda - CFO Armon Dadgar - CTO and Co-Founder Conference Call Participants Sanjit Singh - Morgan Stanley Jason Ader - William Blair Ittai Kidron - Oppenheimer Alex Henderson - Needham Mark Murphy - JPMorgan Alex Zukin - Wolfe Research Nick Altmann - Scotiabank Pat Walravens - JMP Securities Fatima Boolani - Citi Derrick Wood - Cowen Gray Powell - BTIG Brad Reback - Stifel Michael Turtis - KeyBanc Miller Jump - Truist Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to HashiCorp's Fiscal 2024 Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.

HashiCorp, Inc. (HCP) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for HashiCorp, Inc. (HCP) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

HashiCorp, Inc. (HCP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

HashiCorp, Inc. (HCP) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.13 per share a year ago.

HashiCorp, Inc. (HCP) Beats Q3 Earnings and Revenue Estimates

SAN FRANCISCO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its third quarter of fiscal 2024, ended October 31, 2023.

HashiCorp Announces Third Quarter of Fiscal Year 2024 Financial Results

HashiCorp, Inc. (HCP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

HashiCorp, Inc. (HCP) Moves 12.1% Higher: Will This Strength Last?

We are upgrading HashiCorp to a Hold. The stock has declined about 45% since our sell rating in May 2022 and underperformed the S&P 500 by 58%. While we remained concerned about the current macro climate impacting its growth trajectory, we believe the downside is now limited.

HashiCorp: Upgrading To Hold On A More Reasonable Valuation

HashiCorp, Inc. (HCP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

HashiCorp, Inc. (HCP) Surges 5.5%: Is This an Indication of Further Gains?

SAN FRANCISCO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results for its third quarter of fiscal year 2024, which ended Oct. 31, 2023, after the U.S. markets close Thursday, Dec. 7, 2023.

HashiCorp to announce third quarter fiscal year 2024 financial results Dec. 7, 2023

HashiCorp was created to provide automation tools for organizations adopting multiple clouds. HashiCorp offers a unique product portfolio that covers every layer of the modern app stack, with Terraform and Vault being its core products. It has a differentiating sales strategy based on a freemium model, starting with an open-source usage before moving to commercialization.

HashiCorp: A Solid Business Model And A Huge Opportunity

SAN FRANCISCO , Oct. 11, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced at HashiConf , its flagship user conference, product updates across the HashiCorp Cloud Platform (HCP). Announcements are focused on enhancements to workflow automation for developers and infrastructure and security lifecycle management for cloud platform teams.

HashiCorp strengthens its cloud platform to boost developers and platform teams with further workflow automation and lifecycle management

The Home Depot, Unity, BlackRock, PagerDuty, Indeed, and Wayfair join HashiConf to discuss how they drive developer productivity, reduce costs, and strengthen security for cloud The Home Depot, Unity, BlackRock, PagerDuty, Indeed, and Wayfair join HashiConf to discuss how they drive developer productivity, reduce costs, and strengthen security for cloud

HashiCorp customers improve cloud maturity to deliver business value

HashiCorp, Inc. (NASDAQ:HCP ) Q2 2024 Results Conference Call August 31, 2023 5:00 PM ET Company Participants Alex Kurtz - VP, IR and Corporate Development Dave McJannet - CEO Navam Welihinda - CFO Armon Dadgar - CTO and Co-Founder Conference Call Participants Ittai Kidron - Oppenheimer Alex Zukin - Wolfe Research Nick Altmann - Scotiabank Gray Powell - BTIG Mark Murphy - JP Morgan Brad Sills - Bank of America Securities Andrew Sherman - TD Cowen Miller Jump - Truist Securities Patrick Walravens - JMP Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to HashiCorp's Fiscal 2024 Second Quarter Earnings. At this time, all participants are in a listen-only mode.

HashiCorp, Inc. (HCP) Q2 2024 Earnings Call Transcript

HashiCorp, Inc. (HCP) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.17 per share a year ago.

HashiCorp, Inc. (HCP) Reports Q2 Loss, Tops Revenue Estimates

SAN FRANCISCO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its second quarter of fiscal 2024, ended July 31, 2023.

HashiCorp Announces Second Quarter of Fiscal Year 2024 Financial Results

Earlier this month HashiCorp announced that it was changing the open source license it uses for Terraform and its other developer tools. The change triggered an uproar in the open source community.

Splinter group officially launches OpenTF fork of HashiCorp Terraform

Updated license ensures the continued availability of source code for the HashiCorp community while providing more control over commercialization of HashiCorp products Updated license ensures the continued availability of source code for the HashiCorp community while providing more control over commercialization of HashiCorp products

HashiCorp adopts the Business Source License for future releases of its products

SAN FRANCISCO, Aug. 07, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results for its second quarter of fiscal year 2024, which ended July 31, 2023, after the U.S. markets close Thursday, Aug. 31, 2023.

HashiCorp to announce second quarter fiscal year 2024 financial results Aug. 31, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Abbey Labs is announcing the launch of its public beta and a partnership with HashiCorp aimed at co-developing & co-marketing Abbey's platform.

Abbey Labs Launches Public Beta and Announces HashiCorp Partnership

STERLING, Va.--(BUSINESS WIRE)--Vercara, a leading provider of cloud-based services that secure the online experience, has released a new integration of its enterprise-grade, cloud-based authoritative DNS service, UltraDNS, with HashiCorp's Consul-Terraform-Sync (CTS), a multi-platform tool designed to automate tasks across network devices that are traditionally handled manually by networking operators. The integration, UltraDNS-CTS, follows a successful initial effort with the UltraDNS Terrafo.

Vercara partners with HashiCorp to facilitate DNS management and automation

HashiCorp Inc (NASDAQ: HCP) has acquired BluBracket to expand its footprint in secrets management, the company announced in a press release last week.   What are HCP's plans for BluBracket?

HashiCorp was in a ‘logical position' to acquire BluBracket: find out more

Annual index reconstitution recognizes leading cloud infrastructure automation company as one of the 4,000 largest U.S. stocks Annual index reconstitution recognizes leading cloud infrastructure automation company as one of the 4,000 largest U.S. stocks

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