HashiCorp is a leader in multi-cloud infrastructure automation software. The HashiCorp software suite enables organizations to adopt consistent workflows and a standardized approach to automating the critical process involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. HashiCorp’s open source tools Vagrant™, Packer™, Terraform®, Vault™, Consul®, Nomad™, Boundary, and Waypoint™ were downloaded approximately 100 million times during the fiscal year ended January 31, 2021. Enterprise and managed service versions of these products enhance the open source tools with features that promote collaboration, operations, governance, and multi-datacenter functionality. The company is headquartered in San Francisco, though 90 percent of HashiCorp employees work remotely, strategically distributed around the globe. HashiCorp is backed by Bessemer Venture Partners, Franklin Templeton, Geodesic Capital, GGV Capital, IVP, Mayfield, Redpoint Ventures, T. Rowe Price funds and accounts, and True Ventures.
Company profile
Ticker
HCP
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
HashiCorp (Australia) Pty Ltd • HashiCorp Sales & Marketing (Canada) Inc. • HashiCorp Costa Rica S.A. • HashiCorp France Sarl • HashiCorp Germany GmbH • HashiCorp (India) Private Limited • HashiCorp (Singapore) Pte. Ltd. • HashiCorp (South Korea) Inc. • HashiCorp Sweden AB • HashiCorp (Italy) S.r.l. ...
IRS number
320410665
HCP stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
HashiCorp Announces Fourth Quarter and Fiscal Year 2023 Financial Results
9 Mar 23
10-Q
2023 Q3
Quarterly report
7 Dec 22
8-K
HashiCorp Announces Third Quarter Financial Results of fiscal year 2023
7 Dec 22
8-K
HashiCorp Appoints David Henshall to Board of Directors
27 Sep 22
10-Q
2023 Q2
Quarterly report
2 Sep 22
8-K
HashiCorp Announces Second Quarter Financial Results of fiscal year 2023
1 Sep 22
8-K
Other Events
2 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
30 Jun 22
DEFR14A
Revised proxy
14 Jun 22
10-Q
2023 Q1
Quarterly report
9 Jun 22
Financial summary
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| Annual (USD) | Jan 22 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn |
| Cash burn (monthly) | 6.24 mm | 6.89 mm | 25.78 mm | 38.47 mm | 453.33 k | 1.26 mm |
| Cash used (since last report) | 29.67 mm | 32.75 mm | 122.50 mm | 182.82 mm | 2.15 mm | 5.96 mm |
| Cash remaining | 1.25 bn | 1.24 bn | 1.15 bn | 1.09 bn | 1.27 bn | 1.27 bn |
| Runway (months of cash) | 199.4 | 180.2 | 44.7 | 28.4 | 2807.5 | 1011.0 |
Institutional ownership, Q4 2022
70.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 167 |
| Opened positions | 32 |
| Closed positions | 26 |
| Increased positions | 69 |
| Reduced positions | 39 |
| 13F shares | Current |
|---|---|
| Total value | 1.89 tn |
| Total shares | 130.25 mm |
| Total puts | 410.20 k |
| Total calls | 609.24 k |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| GGV Capital V | 16.46 mm | $0.00 |
| Mayfield Xiv, A Cayman Islands Exempted Limited Partnership | 14.67 mm | $0.00 |
| Redpoint Omega II | 12.85 mm | $0.00 |
| T. Rowe Price | 11.44 mm | $313.39 bn |
| True Ventures III | 8.55 mm | $0.00 |
| JPM JPMorgan Chase & Co. | 7.57 mm | $207.43 bn |
| Baillie Gifford & Co | 7.17 mm | $196.02 bn |
| Institutional Venture Partners XIII | 7.01 mm | $0.00 |
| Vanguard | 5.88 mm | $160.69 bn |
| Institutional Venture Management XVI | 3.98 mm | $108.74 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 23 | David McJannet | Class A Common Stock | Sell | Dispose S | No | No | 29.8734 | 17,848 | 533.18 k | 102,811 |
| 21 Mar 23 | David McJannet | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 39,330 | 0.00 | 120,659 |
| 21 Mar 23 | David McJannet | Class B Common Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 39,330 | 0.00 | 143,409 |
| 21 Mar 23 | Brandon Sweeney | Class A Common Stock | Sell | Dispose S | No | No | 29.8728 | 23,113 | 690.45 k | 125,035 |
| 21 Mar 23 | Brandon Sweeney | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 54,325 | 0.00 | 148,148 |
| 21 Mar 23 | Marc Holmes | Class A Common Stock | Sell | Dispose S | No | No | 29.8843 | 2,416 | 72.20 k | 26,441 |
| 21 Mar 23 | Marc Holmes | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 8,650 | 0.00 | 28,857 |
| 21 Mar 23 | Marc Holmes | Class B Common Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 8,650 | 0.00 | 28,487 |
| 21 Mar 23 | Ford Todd R | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 6,250 | 0.00 | 26,613 |
| 21 Mar 23 | Ford Todd R | Class B Common Stock Class B Common Stock | Conversion | Dispose C | No | No | 0 | 6,250 | 0.00 | 50,000 |
News
Where HashiCorp Stands With Analysts
23 Mar 23
BTIG Initiates Coverage On HashiCorp with Buy Rating, Announces Price Target of $37
23 Mar 23
Truist Securities Maintains Buy Rating for HashiCorp: Here's What You Need To Know
10 Mar 23
Truist Securities Maintains Buy on HashiCorp, Raises Price Target to $36
10 Mar 23
JMP Securities Reiterates Market Outperform on HashiCorp, Maintains $38 Price Target
10 Mar 23