Financials

Estimates*

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Revenues, earnings & profits over time
USD201720182019202020212022
Revenues290m402m591m764m1.1b1.5b
% growth-39 %47 %29 %41 %36 %
EBITDA13.9m(18.3m)(974m)(229m)(1.0b)(951m)
% EBITDA margin5 %(5 %)(165 %)(30 %)(94 %)(65 %)
Profit2.6m(37.3m)(1.0b)(273m)(1.1b)(1.1b)
% profit margin1 %(9 %)(170 %)(36 %)(98 %)(73 %)
R&D budget40.7m65.9m242m213m324m427m
R&D % of revenue14 %16 %41 %28 %30 %29 %

Source: Dealroom estimates

  • Edit
DateInvestorsAmountRound

$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$900m

Recent News about Qualtrics

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More about Qualtricsinfo icon
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Qualtrics 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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Qualtrics

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usermind
ACQUISITION by Qualtrics Jul 2021
Statwing
ACQUISITION by Qualtrics May 2016
Delighted
ACQUISITION by Qualtrics Apr 2018
Clarabridge
ACQUISITION by Qualtrics Jul 2021