Ping Identity PING
Security Infrastructure Software Enterprise Software B2B SaaS Cybersecurity

Ping Identity trades at 6.7x EV/NTM revenue on a $2.53B enterprise value. Revenue grew -8.7% year over year to $72.0M in the quarter ending June 2022, an annual run rate of $288.0M. Ping Identity reports net dollar retention of 114% and a 58.6% gross margin.

ARR ($M)
340.988
Net Dollar Retention
114%
ARR Growth
21.9%
EV / NTM Revenue
6.7x
Payback Period
EV / Run Rate
8.8x
Price & Key Metrics
Price Performance
Company Details
Share Price: 28.5
Last Filing Date: 2022-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2016
IPO Year: 2019
Description
Ping Identity envisions a digital world powered by intelligent identity. We help enterprises achieve Zero Trust identity-defined security and more personalized, streamlined user experiences. The Ping Intelligent Identity™ platform provides customers, employees and partners with access to cloud, mobile, SaaS and on-premises applications and APIs, while also managing identity and profile data at scale.
Categories
Security Infrastructure Software Enterprise Software B2B SaaS Cybersecurity
Valuation
Market Cap: 2,444.887
Enterprise Value: 2,526.674
EV / Revenue Run Rate: 8.8x
EV / NTM Revenue: 6.7x
EV / 2026 Revenue Estimates: --
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: 114%
Customers: --
ARR: 340.988
ARR Growth %: 22%
ARR/Customer ($K): --
ARR/Employee ($K): 273
Revenue
Revenue Run Rate: 288
ARR: 340.988
2026 Revenue Estimates: --
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 308
Last Year Run Rate: 315
Growth
Revenue Growth: -9%
ARR Growth: 22%
Growth Persistence: --
2026 Revenue Growth Estimates: --
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Ping Identity growing?

Ping Identity grew revenue -8.7% year over year, reaching $72.0M in the quarter ending June 2022.

What multiple does Ping Identity trade at?

Ping Identity trades at 6.7x EV/NTM revenue and 8.8x EV/run-rate, on an enterprise value of $2.53B.

Is Ping Identity profitable?

For Ping Identity, operating income was -$40.9M last quarter and LTM free cash flow margin is -9.4%.

What is Ping Identity's net dollar retention?

Ping Identity reports net dollar retention of 114%, measuring revenue expansion within its existing customer base.

What sector is Ping Identity in?

Public Comps classifies Ping Identity under Security, Infrastructure Software, Enterprise Software, B2B SaaS, and Cybersecurity.

Where does Public Comps get Ping Identity's data?

Figures come from Ping Identity's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.