The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Jul 26, 2022. Its latest SEC filing is a 15-12G from Oct 12, 2022.
10-Q for Q2 FY2022, filed Jul 26, 2022
The sections below describe the company as of the FY2021 annual report.
Builds digital workspace, application delivery and security, and collaboration software for businesses and government agencies.
10-K for FY2021, filed Feb 16, 2022Citrix is an enterprise software company focused on helping organizations deliver a consistent and secure work experience no matter where…View ↗
We offer digital workspace solutions and services that enable companies to deliver hybrid work by providing consistent, secure and reliable…View ↗
Our App Delivery and Security products, which primarily includes Citrix ADC, optimize the performance of application delivery and…View ↗
Our customers are businesses of all sizes and include the largest enterprises and institutions in the world spanning every major industry…View ↗
Customers pay for cloud-hosted subscriptions over the contract term, service-provider fees as use occurs, and perpetual software when activation keys are available. Support and maintenance fees are paid over the service term, while consulting fees are paid as the work is provided.
10-K for FY2021, filed Feb 16, 2022Subscription revenues primarily consist of cloud-hosted offerings which provide customers a right to access one or more of the Company’s…View ↗
Over the contract term, beginning on the date that service is made available to the customer (over time)View ↗
As the usage occurs (over time)View ↗
When software activation keys have been made available for download (point in time)View ↗
License updates and maintenance for perpetual software licensesView ↗
As the services are provided (over time)View ↗
$3.2B
10-K for FY2021, filed Feb 17, 2022
$3.2B ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Subscription
Recurring
10-K for FY2021, filed Feb 16, 2022 |
48%
FY2018: 15%
|
Subscription, FY2021
$1.6B Sources
|
Recurring |
|
Product and license
Sold outright
|
5.3%
FY2018: 25%
|
Product and license, FY2021
$171.2M Sources
|
Sold outright |
|
Support and services
Recurring
10-K for FY2021, filed Feb 16, 2022 |
46%
FY2018: 60%
|
Support and services, FY2021
$1.5B Sources
|
Recurring |
Businesses of all sizes, including large enterprises, institutions and government agencies, buy Citrix solutions. Sales run through resellers and online, as well as direct sales teams working with the largest customers; partners also provide consulting and hosted offerings.
10-K for FY2021, filed Feb 16, 2022Our customers are businesses of all sizes and include the largest enterprises and institutions in the world spanning every major industry…View ↗
We market and license our solutions through multiple channels worldwide, including selling through resellers, direct and over the Web. Our…View ↗
Our corporate marketing organization provides an integrated global approach to sales and industry event support, digital and social…View ↗
As our customers shift workloads to the cloud, we have been cultivating a global base of technology partners within our CSP program. Our…View ↗
10-K for FY2021, filed Feb 16, 2022
In fiscal years 2021, 2020 and 2019, one distributor accounted for 17%, 17% and 15% respectively, of the Company’s total net revenues. The…View ↗
Yes. It kept 10 cents of every revenue dollar as net income in FY2021 and turned 18 cents into free cash flow.
10-K for FY2021, filed Feb 17, 2022
$236.6MView ↗
10-K for FY2021, filed Feb 17, 2022
$307.5MView ↗
10-K for FY2021, filed Feb 17, 2022
$588.2MView ↗
10-Q for Q2 FY2022, filed Jul 27, 2022
$115.5MView ↗
10-Q for Q2 FY2022, filed Jul 26, 2022
Open tableView ↗
8-K, filed Oct 3, 2022
On the Closing Date, TIBCO closed its private offering (the “Notes Offering”) of $4.0 billion aggregate principal amount of 6.50% senior…View ↗
8-K, filed Jul 11, 2022
Vista and Evergreen also announced today that, upon closing of the transaction, Tom Krause will assume the role of CEO of the combined…View ↗
Grew. Revenue grew 14% in 4 years, from $2.8B in FY2017 to $3.2B in FY2021, about 3% a year.
Subscription model
The older report described plans to accelerate subscriptions while still offering perpetual licenses; the latest says the model shifted away from perpetual sales toward recurring contracts.
10-K for FY2018, filed Feb 15, 2019 10-K for FY2021, filed Feb 16, 2022Perpetual to Subscription: Our business model has shifted away from selling perpetual licenses towards subscription, or recurring contracts…View ↗
Collaborative work management
The latest report includes Wrike in its Workspace grouping and describes collaborative work management; the older report described digital workspace, networking and analytics solutions.
10-K for FY2018, filed Feb 15, 2019Citrix aims to power a better way to work by delivering the experience, security, and choice people and organizations need to unlock…View ↗
Competes with VMware, Okta, Box, Dropbox, Amazon Web Services, Nutanix, Ivanti, Asana, Atlassian, Monday.com, Adobe, Smartsheet, Google Cloud, Microsoft, F5 Networks, Radware, A10 Networks, and Cisco
10-K for FY2021, filed Feb 16, 2022Our primary competitors for various components of and services delivered through our Workspace offering include VMware, Okta, Box, Dropbox…View ↗
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