Market Summary
USD85.40+0.01
Market Closed0.01%
NEWR Stock Price
NEWR RSI Chart
NEWR Valuation
NEWR Price/Sales (Trailing)
NEWR Profitability
NEWR Fundamentals
NEWR Revenue
NEWR Earnings
Price Action
52 Week Range
50.2486.00
(Low)(High)
Last 7 days
-0.1%
Last 30 days
1.3%
Last 90 days
28.1%
Trailing 12 Months
46.1%
NEWR Financial Health
NEWR Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for NEWR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-18 | Lloyd Thomas J. | sold | -110,376 | 84.00 | -1,314 | chief legal officer, corp secy |
2023-08-16 | Barter David | sold | -337,819 | 84.0346 | -4,020 | chief financial officer |
2023-08-16 | Staples William | sold | -727,595 | 84.0373 | -8,658 | ceo |
2023-08-16 | Lloyd Thomas J. | sold | -218,322 | 84.0346 | -2,598 | chief legal officer, corp secy |
2023-08-16 | Dodds Mark | sold | -245,386 | 84.0363 | -2,920 | chief revenue officer |
2023-08-15 | Lloyd Thomas J. | acquired | - | - | 5,226 | chief legal officer, corp secy |
2023-08-15 | DelSanto Anne | acquired | - | - | 3,145 | - |
2023-08-15 | Cochran Hope F | acquired | - | - | 2,982 | - |
2023-08-15 | Dodds Mark | acquired | - | - | 7,306 | chief revenue officer |
2023-08-15 | Staples William | acquired | - | - | 19,668 | ceo |
Which funds bought or sold NEWR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | new | - | 16,687,200 | 16,687,200 | 0.43% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | new | - | 458,080 | 458,080 | -% |
2023-08-21 | ADVISOR GROUP HOLDINGS, INC. | sold off | -100 | -995 | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -9.47 | -1,187,200 | 4,382,450 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -50.11 | -97,177 | 74,646 | -% |
2023-08-21 | BOKF, NA | unchanged | - | -16,745 | 111,248 | -% |
2023-08-17 | SWS Partners | reduced | -1.05 | -275,352 | 1,681,660 | 0.61% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 1,429 | 1,429 | -% |
2023-08-16 | Neo Ivy Capital Management | new | - | 121,000 | 121,000 | 0.06% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of New Relic
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 01, 2023 | hmi capital management, l.p. | 7.2% | 5,062,100 | SC 13D/A | |
| Feb 14, 2023 | eminence capital, lp | 7.5% | 5,118,186 | SC 13G/A | |
| Feb 13, 2023 | matrix capital management company, lp | 0% | 0 | SC 13G/A | |
| Feb 09, 2023 | cirne lewis | 10.4% | 7,171,629 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 8.25% | 5,639,443 | SC 13G/A | |
| Nov 17, 2022 | jana partners llc | 4.7% | 3,212,444 | SC 13D/A | |
| Jun 21, 2022 | jana partners llc | 5.3% | 3,529,118 | SC 13D | |
| Feb 24, 2022 | blackrock inc. | 4.6% | 3,067,308 | SC 13G/A | |
| Feb 14, 2022 | eminence capital, lp | 7.2% | 4,696,452 | SC 13G/A | |
| Feb 14, 2022 | matrix capital management company, lp | 5.45% | 3,562,500 | SC 13G/A |
Recent SEC filings of New Relic
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 14, 2023 | DEFA14A | DEFA14A | |
| Sep 14, 2023 | PREM14A | PREM14A | |
| Sep 12, 2023 | 4 | Insider Trading | |
| Sep 12, 2023 | 4/A | Insider Trading | |
| Sep 12, 2023 | 4/A | Insider Trading | |
| Aug 22, 2023 | 4 | Insider Trading | |
| Aug 21, 2023 | 8-K | Current Report | |
| Aug 18, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 18, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 17, 2023 | 4 | Insider Trading |
Peers (Alternatives to New Relic)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MSFT | 2.4T | 211.9B | 3.85% | 34.78% | 33.75 | 11.53 | 6.88% | -0.52% |
ADBE | 247.0B | 18.4B | 6.60% | 82.97% | 50.89 | 13.4 | 10.40% | -0.72% |
AZPN | - | - | 5.31% | -12.55% | - | - | - | - |
ORCL | 308.9B | 51.0B | -3.17% | 64.11% | 32.94 | 6.06 | 15.41% | 61.40% |
CRM | 210.3B | 33.1B | 5.31% | 41.14% | 133.27 | 6.36 | 14.81% | 194.40% |
ZM | 20.7B | 4.5B | 4.60% | -11.47% | 146.34 | 4.65 | 3.92% | -85.69% |
| MID-CAP | ||||||||
APPN | 3.3B | 506.6M | -0.83% | -3.55% | -21.02 | 6.54 | 20.13% | -27.36% |
MANH | 12.5B | 848.2M | 8.93% | 47.29% | 85.57 | 14.72 | 19.21% | 23.01% |
GWRE | 7.6B | 905.3M | 16.83% | 46.28% | -48.78 | 8.36 | 11.41% | -3.11% |
| SMALL-CAP | ||||||||
ZUO | 1.2B | 415.3M | -13.70% | 11.50% | -6.29 | 2.83 | 11.66% | -68.02% |
YEXT | 771.6M | 403.2M | -27.26% | 28.96% | -32.21 | 1.91 | 0.77% | 74.48% |
UPLD | 131.6M | 309.9M | 60.56% | -56.43% | -0.71 | 0.42 | -0.26% | -219.50% |
New Relic News
Returns for NEWR
Cumulative Returns on NEWR
12.6%
7-Year Cumulative Returns
-2.7%
5-Year Cumulative Returns
16.1%
3-Year Cumulative Returns
Risks for NEWR
What is the probability of a big loss on NEWR?
99.2%
Probability that New Relic stock will be more than 20% underwater in next one year
69.6%
Probability that New Relic stock will be more than 30% underwater in next one year.
49.6%
Probability that New Relic stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does NEWR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if New Relic was unfortunately bought at previous high price.
Drawdowns
Financials for New Relic
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 2.8% | 952 | 926 | 889 | 853 | 821 | 786 | 752 | 715 | 686 | 668 | 655 | 641 | 621 | 600 | 572 | 543 | 512 | 479 | 446 | 413 | 383 |
| Gross Profit | 5.2% | 715 | 679 | 635 | 591 | 561 | 529 | 503 | 489 | 478 | 486 | 502 | 508 | 508 | 496 | 475 | 452 | 428 | 402 | 373 | 346 | 318 |
| Operating Expenses | 1.5% | 877 | 864 | 821 | 800 | 771 | 758 | 730 | 712 | 697 | 657 | 647 | 629 | 603 | 582 | 548 | 510 | 474 | 435 | 399 | 371 | 352 |
| S&GA Expenses | -2.6% | 390 | 400 | 397 | 399 | 396 | 394 | 388 | 383 | 379 | 362 | 357 | 352 | 343 | 334 | 317 | 295 | 276 | 257 | 240 | 225 | 215 |
| R&D Expenses | 5.6% | 291 | 275 | 261 | 245 | 228 | 212 | 197 | 189 | 183 | 175 | 173 | 165 | 155 | 148 | 139 | 127 | 117 | 105 | 92.00 | 84.00 | 79.00 |
| EBITDA | 100.0% | - | -107 | -107 | -129 | -127 | -140 | -136 | -130 | -125 | -76.12 | -57.66 | -32.83 | -2.87 | 9.00 | 11.00 | - | - | - | - | - | - |
| EBITDA Margin | 100.0% | - | -0.12* | -0.12* | -0.15* | -0.16* | -0.18* | -0.18* | -0.18* | -0.18* | -0.11* | -0.09* | -0.05* | 0.00* | 0.01* | 0.02* | - | - | - | - | - | - |
| Interest Expenses | -16.2% | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 10.00 | 15.00 | 20.00 | 25.00 | 25.00 | 24.00 | 24.00 | 24.00 | 23.00 | 23.00 | 23.00 | 20.00 | 14.00 | 8.00 | 3.00 |
| Earnings Before Taxes | 14.5% | -150 | -175 | -182 | -209 | -213 | -231 | -234 | -235 | -235 | -190 | -160 | -134 | -104 | -90.77 | -78.06 | -61.51 | -51.36 | -41.06 | -30.54 | -27.76 | -33.96 |
| EBT Margin | 100.0% | - | -0.19* | -0.21* | -0.25* | -0.26* | -0.30* | -0.31* | -0.33* | -0.34* | -0.29* | -0.25* | -0.21* | -0.17* | -0.15* | -0.14* | - | - | - | - | - | - |
| Net Income | 7.1% | -167 | -180 | -178 | -215 | -222 | -250 | -256 | -247 | -241 | -192 | -158 | -132 | -103 | -88.94 | -77.82 | -60.72 | -50.45 | -40.89 | -31.02 | -28.65 | -35.00 |
| Net Income Margin | 100.0% | - | -0.19* | -0.20* | -0.25* | -0.27* | -0.32* | -0.34* | -0.35* | -0.35* | -0.29* | -0.24* | -0.21* | -0.17* | -0.15* | -0.14* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 51.00 | 25.00 | 31.00 | 32.00 | -2.15 | -23.96 | -14.24 | 32.00 | 51.00 | 79.00 | 57.00 | 42.00 | 35.00 | 17.00 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -37.2% | 891 | 1,419 | 1,335 | 1,305 | 1,335 | 1,428 | 1,341 | 1,287 | 1,328 | 1,399 | 1,334 | 1,243 | 1,252 | 1,258 | 1,158 | 1,150 | 1,153 | 1,090 | 994 | 960 | 918 |
| Current Assets | -45.8% | 622 | 1,147 | 1,036 | 990 | 1,026 | 1,108 | 1,009 | 941 | 966 | 1,048 | 979 | 989 | 993 | 1,000 | 896 | 895 | 901 | 914 | 867 | 849 | 817 |
| Cash Equivalents | -61.5% | 241 | 626 | 507 | 471 | 303 | 274 | 246 | 232 | 260 | 241 | 211 | 277 | 257 | 298 | 179 | 242 | 237 | 243 | 194 | 205 | 563 |
| Net PPE | -0.8% | 48.00 | 49.00 | 54.00 | 62.00 | 66.00 | 68.00 | 73.00 | 79.00 | 85.00 | 91.00 | 93.00 | 99.00 | 101 | 100 | 105 | 101 | 92.00 | 81.00 | 71.00 | 63.00 | 55.00 |
| Goodwill | 0% | 172 | 172 | 172 | 172 | 164 | 164 | 164 | 164 | 164 | 144 | 99.00 | 45.00 | 45.00 | 45.00 | 45.00 | 42.00 | 42.00 | 42.00 | 15.00 | 3.00 | - |
| Liabilities | -51.6% | 511 | 1,055 | 975 | 963 | 1,010 | 1,083 | 982 | 932 | 970 | 981 | 901 | 855 | 858 | 866 | 782 | 776 | 791 | 738 | 665 | 638 | 614 |
| Current Liabilities | -55.6% | 439 | 988 | 902 | 900 | 946 | 516 | 405 | 363 | 400 | 462 | 385 | 344 | 353 | 377 | 299 | 297 | 313 | 315 | 246 | 223 | 213 |
| Shareholder's Equity | 3.7% | 353 | 340 | 342 | 323 | 309 | 323 | 337 | 342 | 350 | 414 | 432 | 387 | 393 | 391 | 374 | 371 | 360 | 350 | 326 | 318 | 304 |
| Retained Earnings | -3.9% | -1,000 | -963 | -906 | -880 | -833 | -783 | -727 | -665 | -611 | -587 | -525 | -471 | -424 | -394 | -366 | -339 | -320 | -305 | -288 | -278 | -270 |
| Additional Paid-In Capital | 3.7% | 1,361 | 1,312 | 1,259 | 1,215 | 1,153 | 1,114 | 1,068 | 1,008 | 963 | 1,001 | 957 | 857 | 813 | 780 | 738 | 709 | 679 | 655 | 615 | 597 | 575 |
| Shares Outstanding | 1.0% | 70.00 | 70.00 | 69.00 | 68.00 | 66.00 | 67.00 | 65.00 | 64.00 | 63.00 | 64.00 | 61.00 | 61.00 | 60.00 | 60.00 | 59.00 | 58.00 | 58.00 | 57.00 | 57.00 | 56.00 | 56.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 65.6% | 89.00 | 54.00 | 31.00 | 36.00 | 37.00 | 4.00 | -17.85 | -5.32 | 45.00 | 70.00 | 103 | 96.00 | 92.00 | 93.00 | 80.00 | 103 | 102 | 116 | 78.00 | 77.00 | 68.00 |
| Share Based Compensation | 7.3% | 172 | 160 | 151 | 148 | 146 | 153 | 150 | 148 | 146 | 135 | 132 | 122 | 110 | 100 | 87.00 | 76.00 | 66.00 | 56.00 | 50.00 | 46.00 | 42.00 |
| Cashflow From Investing | 15.7% | 324 | 280 | 206 | 159 | -34.10 | -19.76 | 7.00 | -64.78 | -66.23 | -142 | -94.42 | -86.94 | -91.45 | -64.63 | -114 | -84.37 | -456 | -470 | -472 | -446 | -70.86 |
| Cashflow From Financing | -2133.1% | -475 | 23.00 | 24.00 | 44.00 | 41.00 | 44.00 | 46.00 | 25.00 | 25.00 | 21.00 | 23.00 | 25.00 | 25.00 | 26.00 | 25.00 | 25.00 | 29.00 | 458 | 454 | 455 | 452 |
NEWR Income Statement
2023-06-30Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||
| Revenue | $ 242,628 | $ 216,459 |
| Cost of revenue | 54,440 | 63,893 |
| Gross profit | 188,188 | 152,566 |
| Operating expenses: | ||
| Research and development | 80,310 | 64,769 |
| Sales and marketing | 94,019 | 104,420 |
| General and administrative | 46,849 | 39,030 |
| Total operating expenses | 221,178 | 208,219 |
| Loss from operations | (32,990) | (55,653) |
| Other income (expense): | ||
| Interest income | 4,593 | 1,110 |
| Interest expense | (429) | (1,232) |
| Other expense, net | (1,666) | (209) |
| Loss before income taxes | (30,492) | (55,984) |
| Income tax provision | 2,830 | 267 |
| Net loss | (33,322) | (56,251) |
| Net loss and adjustment attributable to redeemable non-controlling interest | (4,109) | 6,012 |
| Net loss attributable to New Relic | $ (37,431) | $ (50,239) |
| Net loss attributable to New Relic per share, basic (in usd per share) | $ (0.54) | $ (0.76) |
| Net loss attributable to New Relic per share, diluted (in usd per share) | $ (0.54) | $ (0.76) |
| Weighted-average shares used to compute net loss per share, basic (in shares) | 69,546 | 66,421 |
| Weighted-average shares used to compute net loss per share, diluted (in shares) | 69,546 | 66,421 |
NEWR Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Mar. 31, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 240,699 | $ 625,727 |
| Short-term investments | 216,285 | 254,085 |
| Accounts receivable, net of allowances of $2,576 and $3,121, respectively | 132,002 | 234,287 |
| Prepaid expenses and other current assets | 19,678 | 17,747 |
| Deferred contract acquisition costs | 13,203 | 14,962 |
| Total current assets | 621,867 | 1,146,808 |
| Property and equipment, net | 48,141 | 48,509 |
| Restricted cash | 5,805 | 5,795 |
| Goodwill | 172,298 | 172,298 |
| Intangible assets, net | 10,128 | 11,603 |
| Deferred contract acquisition costs, non-current | 10,831 | 8,558 |
| Lease right-of-use assets | 16,641 | 19,678 |
| Other assets, non-current | 5,573 | 5,759 |
| Total assets | 891,284 | 1,419,008 |
| Current liabilities: | ||
| Accounts payable | 39,356 | 29,452 |
| Accrued compensation and benefits | 43,970 | 37,552 |
| Other current liabilities | 33,076 | 39,424 |
| Convertible senior notes, current | 0 | 500,044 |
| Deferred revenue | 313,139 | 370,987 |
| Lease liabilities | 8,992 | 10,928 |
| Total current liabilities | 438,533 | 988,387 |
| Lease liabilities, non-current | 35,846 | 38,384 |
| Deferred revenue, non-current | 6,374 | 3,800 |
| Other liabilities, non-current | 30,430 | 24,897 |
| Total liabilities | 511,183 | 1,055,468 |
| Commitments and contingencies (Note 7) | ||
| Redeemable non-controlling interest | 27,214 | 23,105 |
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 100,000 shares authorized at June 30, 2023 and March 31, 2023; 70,483 shares and 69,786 shares issued at June 30, 2023 and March 31, 2023, respectively; and 70,223 shares and 69,526 shares outstanding at June 30, 2023 and March 31, 2023, respectively | 70 | 69 |
| Treasury stock - at cost (260 shares) | (263) | (263) |
| Additional paid-in capital | 1,360,656 | 1,311,615 |
| Accumulated other comprehensive loss | (6,591) | (7,432) |
| Accumulated deficit | (1,000,985) | (963,554) |
| Total stockholders’ equity | 352,887 | 340,435 |
| Total liabilities, redeemable non-controlling interest and stockholders’ equity | $ 891,284 | $ 1,419,008 |
New Relic, Inc., a software-as-a-service company, provides platform for engineers to plan, build, deploy, and operate software worldwide. It offers a suite of products on its open and extensible cloud-based platform, New Relic One Platform, which enables users to collect, store, and analyze telemetry data flowing through and about their software. The company also provides prebuilt dashboards and visualizations, as well as the ability to search across data types, create customized dashboards, and build applications that can be shared and customized by other users. In addition, it offers customers with software code to add to their applications and infrastructure; open data application performance interfaces, and software development kits, as well as open source connectors and technologies for customers, partners, and third-party developers to extend its platform into their products; cloud-based architecture and big data database; and New Relic Application Performance Monitoring, Mobile, Browser, Synthetics, Infrastructure, and Insights products for analyzing data. Further, the company provides New Relic chart builder, dashboards, and programmability features that allow customers to use connected data to build visuals; New Relic Applied Intelligence to spot abnormal behavior across billions of pieces of data; and New Relic Alerts, which provides a centralized notification system. It sells its products through direct sales organizations, and online and offline sales. The company was founded in 2007 and is headquartered in San Francisco, California.