NEWR on NYSE

New Relic

Logo: New Relic, Public domain, via Wikimedia Commons5

American web tracking and analytics company

New Relic, Inc. is an American web tracking and analytics company based in San Francisco. The company's cloud-based software allows websites and mobile apps to track user interactions and service operators' software and hardware performance. In November 2023, private equity firms Francisco Partners and TPG Inc. acquired New Relic for approximately $6.5 billion.3 It was founded by Lew Cirne.1 Its shares trade on NYSE under the symbol NEWR.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$925.6MRevenue, fiscal 20236
-$180.2MNet income, fiscal 20236
2008Founded1

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  • TickerNEWR on NYSE1
  • Industrysoftware industry1
  • HeadquartersSan Francisco1
  • Websitenewrelic.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address188 Spear Street, Ste. 1000, San Francisco, Ca 941057
  • Filer categoryLarge accelerated filer7
  • LEI549300AB8FY2HQILL8044
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O MAPLES FIDUCIARY SERVICES (DELAWARE) INC., 19807 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 44183574

New Relic, Inc. is an American web tracking and analytics company based in San Francisco. The company's cloud-based software allows websites and mobile apps to track user interactions and service operators' software and hardware performance.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

73.4%Gross margin6
-20.0%Operating margin6
-19.5%Net margin6
17.8%Revenue growth, 20236
-52.9%Return on equity6
$50.7MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue27¢$246.4M
  • Research and development30¢$275.3M
  • Other costs43¢$396.1M
  • Interest1¢$4.9M
  • Income tax0¢$2.9M

Out of $925.6M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Capital spending6¢$3.1M
  • Kept or used elsewhere94¢$50.7M

Out of $53.8M of cash from operations.6

Financial statements

Revenue9101112136$925.6M in 2023+411% since 2016
0$250.0M$500.0M$750.0M$1.0B2016: $181.3M$181.3M20162017: $263.5M$263.5M2017+45%2018: $355.1M$355.1M2018+35%2019: $479.2M$479.2M2019+35%2020: $599.5M$599.5M2020+25%2021: $667.6M$667.6M2021+11%2022: $785.5M$785.5M2022+18%2023: $925.6M$925.6M2023+18%
Gross profit9101112136$679.2M in 2023+371% since 2016
0$200.0M$400.0M$600.0M$800.0M2016: $144.1M$144.1M20162017: $213.5M$213.5M2017+48%2018: $292.3M$292.3M2018+37%2019: $401.8M$401.8M2019+37%2020: $496.3M$496.3M2020+24%2021: $486.1M$486.1M2021−2%2022: $529.2M$529.2M2022+9%2023: $679.2M$679.2M2023+28%
Operating income9101112136-$185.2M in 2023+174% since 2016
-$300.0M-$200.0M-$100.0M02016: -$67.6M-$67.6M20162017: -$61.3M-$61.3M2017−9%2018: -$46.8M-$46.8M2018−24%2019: -$33.1M-$33.1M2019−29%2020: -$85.5M-$85.5M2020+158%2021: -$171.4M-$171.4M2021+100%2022: -$228.6M-$228.6M2022+33%2023: -$185.2M-$185.2M2023−19%
Net income9101112136-$180.2M in 2023+167% since 2016
-$300.0M-$200.0M-$100.0M02016: -$67.5M-$67.5M20162017: -$61.1M-$61.1M2017−9%2018: -$45.3M-$45.3M2018−26%2019: -$40.9M-$40.9M2019−10%2020: -$88.9M-$88.9M2020+117%2021: -$192.6M-$192.6M2021+117%2022: -$250.4M-$250.4M2022+30%2023: -$180.2M-$180.2M2023−28%
Fiscal year20162017201820192020202120222023
Revenue$181.3M9$263.5M10$355.1M11$479.2M12$599.5M13$667.6M6$785.5M6$925.6M6
Cost of revenue$37.2M9$50.0M10$62.7M11$77.4M12$103.2M13$181.6M6$256.3M6$246.4M6
Gross profit$144.1M9$213.5M10$292.3M11$401.8M12$496.3M13$486.1M6$529.2M6$679.2M6
Research and development$46.4M9$61.1M10$74.3M11$104.9M12$148.2M13$174.9M6$211.9M6$275.3M6
Operating expenses$757.8M6$864.5M6
Operating income-$67.6M9-$61.3M10-$46.8M11-$33.1M12-$85.5M13-$171.4M6-$228.6M6-$185.2M6
Interest$68.0K9$87.0K10$86.0K11$19.7M12$23.7M13$24.9M6$4.9M6$4.9M6
Income before tax-$231.8M6-$175.9M6
Income tax$302.0K9$264.0K10$959.0K11$697.0K12$211.0K13$559.0K6$323.0K6$2.9M6
Net income-$67.5M9-$61.1M10-$45.3M11-$40.9M12-$88.9M13-$192.6M6-$250.4M6-$180.2M6
Earnings per share-$1.5213-$3.156-$3.886-$2.676
Earnings per share (diluted)-$1.5213-$3.156-$3.886-$2.676
Shares (weighted, basic)64.6M shares667.6M shares6
Shares (weighted, diluted)64.6M shares667.6M shares6

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Corporate structure

New Relic sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of New Relic

  • New Relic San Francisco, California, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What New Relic reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$19.5M6 Mar 31, 2023$16.4M6 Mar 31, 2022+18.9%
Property and equipment, before depreciation$180.5M6 Mar 31, 2023$216.9M6 Mar 31, 2022−16.8%
Accumulated depreciation$132.0M6 Mar 31, 2023$148.5M6 Mar 31, 2022−11.1%
Property and equipment, net$48.5M6 Mar 31, 2023$68.4M6 Mar 31, 2022−29.0%
Operating-lease assets (leased space)$19.7M6 Mar 31, 2023$50.5M6 Mar 31, 2022−61.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$625.7M6 Mar 31, 2023$268.7M6 Mar 31, 2022+132.9%
Marketable securities, current$254.1M6 Mar 31, 2023$560.0M6 Mar 31, 2022−54.6%
Debt securities available for sale$254.1M6 Mar 31, 2023$560.0M6 Mar 31, 2022−54.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$172.3M6 Mar 31, 2023$163.7M6 Mar 31, 2022+5.3%
Finite-lived intangibles, net$11.6M6 Mar 31, 2023$15.6M6 Mar 31, 2022−25.8%

The story

Founded by Lew Cirne in 2008.1

Foundation and early years

Lew Cirne founded New Relic in 2008 and became the company's CEO. The name "New Relic" is an anagram of founder Lew Cirne's name.

On November 5, 2012, CA Technologies filed a lawsuit claiming that New Relic violated three patents that came into CA Technologies' possession through the acquisition of Wily Technology (a company also founded by Lew Cirne).

In February 2013, New Relic raised $80 million from investors including Insight Venture Partners, T. Rowe Price, Benchmark Capital, Allen & Company, Trinity Ventures, Passport Capital, Dragoneer, and Tenaya Capital at a valuation of $750 million. The funding round helped New Relic extend its software analytics platform to include Android and iOS native mobile apps. In October 2013, the company announced that it was converting its software analytics product into a SaaS model, code named Rubicon.

In April 2014, New Relic raised another $100 million in funding led by BlackRock and Passport Capital, with participation from T. Rowe Price and Wellington Management. The company went public on December 12, 2014.

2020 to present

In January 2020, the company announced that Bill Staples was joining the company as Chief Product Officer. In June, amid internal disagreements about how the company should respond to systemic racism in society, former CEO Lew Cirne sent a memo stating that Black Lives Matter discussions were "off-the-table".

In July 2020, New Relic announced a new platform called New Relic One. In October, Cirne made donations to an anti-gay Christian school and an anti-Jewish evangelist, leading to some employees being uncomfortable and offended. In December, the company acquired Pixie Labs, a service for monitoring cloud-native workloads running on Kubernetes clusters.

In May 2021, Bill Staples was promoted to CEO, and Cirne transitioned to executive chairman. In June, the company acquired CodeStream, a developer collaboration tool.

In February 2022, the company released infrastructure monitoring software to help DevOps, site reliability engineering (SRE) and ITOps teams monitor issues across public, private and hybrid cloud environments. In May, the company launched a vulnerability management tool for security, DevOps, security operations (SecOps) and SRE teams.

Read the full text

In June 2023, following a $55 million operational loss in the preceding fiscal year, New Relic laid off 155 employees in the US and up to 57 abroad. In July 2023, the company agreed to be acquired by private equity firms Francisco Partners and TPG Inc. in an all-cash deal valued at $6.5 billion. The acquisition was finalized in November and New Relic was delisted from the New York Stock Exchange.

In December 2023, the company announced Ashan Willy, former CEO of Proofpoint, Inc., as its new CEO.

In May 2025, New Relic integrated with GitHub Copilot's agentic coding capability to detect performance issues in generated code. In October, the company appointed Brian Emerson as its new CPO.

From Wikipedia’s article on New Relic, shared under CC BY-SA 4.0.8

Leadership

Who has led New Relic, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (27)

Products and brands

Products

New Relic's technology, delivered in a software as a service (SaaS) model, monitors Web and mobile applications in real-time and supports custom-built plugins to collect arbitrary data.

Operations

The company partners with companies including IBM Bluemix, Amazon Web Services, CloudBees, Engine Yard, Heroku, Joyent, Rackspace Hosting, and Microsoft Azure as well as mobile application backend service providers Appcelerator, Parse, and StackMob.

From Wikipedia’s article on New Relic, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Owners

From Wikidata.1

Former names

  • NEW RELIC INCOct 9, 2008 to Nov 3, 20157

Timeline

  1. Nov 8, 20238-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation56
  2. Nov 2, 20238-K Shareholder vote; Other events57
  3. Oct 27, 20238-K Results of operations58
  4. Oct 23, 20238-K Other events59
  5. Aug 21, 20238-K Shareholder vote60
  6. Jul 31, 20238-K Entered a material agreement; Executive or director change; Other events61
  7. Jul 31, 20238-K Results of operations62
  8. Jun 27, 20238-K Exit or restructuring costs; Executive or director change63
  9. Jun 14, 20238-K Executive or director change64
  10. May 23, 20238-K Results of operations65
  11. Apr 18, 20238-K Entered a material agreement66
  12. Apr 3, 20238-K Exit or restructuring costs67
  13. 2023Acquired Acquired by TPG1
  14. 2023Acquired Acquired by Francisco Partners1
  15. Jul 1, 2021New chief executive Bill Staples becomes CEO1
  16. May 18, 2021New chief executive Michael J. Christenson becomes CEO18
  17. 2014Went public Listed on NYSE1
  18. 2008New chief executive Lew Cirne becomes CEO1
  19. 2008Founded Founded1

Calendar

When it reported results

  1. Oct 27, 2023Reported quarterly or annual results58
  2. Jul 31, 2023Reported quarterly or annual results62
  3. May 23, 2023Reported quarterly or annual results65
  4. Feb 7, 2023Reported quarterly or annual results68
  5. Nov 8, 2022Reported quarterly or annual results69
  6. Oct 11, 2022Reported quarterly or annual results70
  7. Aug 4, 2022Reported quarterly or annual results71
  8. May 12, 2022Reported quarterly or annual results72

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

302 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 23 major events, 198 insider forms, 16 large holders, 56 other. The latest 20:

  1. Feb 14, 2024SC 13G/A NEW RELIC, INC. EDGAR
  2. Nov 20, 202315-12G EDGAR
  3. Nov 13, 2023SC 13D/A EDGAR
  4. Nov 13, 20234 EDGAR
  5. Nov 13, 20234 EDGAR
  6. Nov 13, 20234 EDGAR
  7. Nov 13, 20234 EDGAR
  8. Nov 13, 20234 EDGAR
  9. Nov 13, 20234 EDGAR
  10. Nov 13, 20234 EDGAR
  11. Nov 13, 20234 EDGAR
  12. Nov 13, 20234 EDGAR
  13. Nov 13, 20234 EDGAR
  14. Nov 13, 20234 EDGAR
  15. Nov 13, 20234 EDGAR
  16. Nov 13, 20234 EDGAR
  17. Nov 8, 2023S-8 POS EDGAR
  18. Nov 8, 2023S-8 POS EDGAR
  19. Nov 8, 2023S-8 POS EDGAR
  20. Nov 8, 2023S-8 POS EDGAR

The 302 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

96 open-market trades by officers, directors and large owners since October 2021: 0 buys and 96 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 18, 2023Lloyd Thomas J.CHIEF LEGAL OFFICER, CORP SECYSale1,314$84.00$110.4KForm 4
Aug 16, 2023Staples WilliamCHIEF EXECUTIVE OFFICERSale8,658$84.04$727.6KForm 4
Aug 16, 2023Lloyd Thomas J.CHIEF LEGAL OFFICER, CORP SECYSale2,598$84.03$218.3KForm 4
Aug 16, 2023Dodds MarkCHIEF REVENUE OFFICERSale2,920$84.04$245.4KForm 4
Aug 16, 2023Barter DavidCHIEF FINANCIAL OFFICERSale4,020$84.03$337.8KForm 4
Jul 6, 2023Cirne LewisDirectorSale15,000$65.54$983.1KForm 4
Jun 16, 2023Dodds MarkCHIEF REVENUE OFFICERSale9,008$67.95$612.1KForm 4
Jun 6, 2023Cirne LewisDirectorSale15,000$69.42$1.0MForm 4
May 18, 2023Friedrichs KristyChief Operating OfficerSale2,673$84.05$224.7KForm 4
May 18, 2023Lloyd Thomas J.CHIEF LEGAL OFFICER, CORP SECYSale1,079$84.04$90.7KForm 4
May 17, 2023Friedrichs KristyChief Operating OfficerSale3,464$84.18$291.6KForm 4
May 16, 2023Lloyd Thomas J.CHIEF LEGAL OFFICER, CORP SECYSale1,621$75.41$122.2KForm 4
May 16, 2023Barter DavidCHIEF FINANCIAL OFFICERSale2,490$75.41$187.8KForm 4
May 16, 2023Dodds MarkCHIEF REVENUE OFFICERSale2,218$75.40$167.2KForm 4
May 16, 2023Staples WilliamCHIEF EXECUTIVE OFFICERSale6,343$75.40$478.3KForm 4
May 16, 2023Friedrichs KristyChief Operating OfficerSale3,581$75.42$270.1KForm 4
May 16, 2023Lloyd Thomas J.CHIEF LEGAL OFFICER, CORP SECYSale2,594$74.91$194.3KForm 4
May 15, 2023Friedrichs KristyChief Operating OfficerSale7,658$74.93$573.8KForm 4
May 15, 2023Lloyd Thomas J.CHIEF LEGAL OFFICER, CORP SECYSale2,594$74.91$194.3KForm 4
May 8, 2023Cirne LewisDirectorSale15,000$1,590.36$23.9MForm 4

All 96 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 2, 2020Tom MalinowskiDemocratic, HouseBuy$1,001 - $15,000Report
Feb 7, 2020Tom MalinowskiDemocratic, HouseBuy$1,001 - $15,000Report
Dec 19, 2019Tom MalinowskiDemocratic, HouseBuy$1,001 - $15,000Report
Dec 17, 2019Tom MalinowskiDemocratic, HouseBuy$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How New Relic is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNEW RELIC, INC.2
  • CIK0001448056
  • Employer ID (EIN)26-20174312
  • Filer statusLarge accelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsMarch 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address188 Spear Street, Ste. 1000, San Francisco, CA 941052
  • Phone650-777-76002
  • Shares outstanding71,023,661 as of Oct 20, 202315
  • Public float$3.6B as of Sep 30, 20226
  • On EDGAR sinceOct 9, 20082
  • Filings1,176 in all: 4 (819), 8-K (76), SC 13G/A (45), 3 (36), 10-Q (27), 4/A (25), 144 (24), DEFA14A (22)2
    All 38 form types

    SC 13G (14), S-8 (10), S-8 POS (10), 10-K (9), DEF 14A (9), D (6), 5 (4), CORRESP (4), UPLOAD (4), 3/A (3), DRS/A (3), SC 13D/A (3), ARS (2), D/A (2), DRSLTR (2), S-1/A (2), SC 13D (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERTNYS (1), DEFM14A (1), DRS (1), EFFECT (1), PRE 14A (1), PREM14A (1), REGDEX (1), S-1 (1)

  • Latest filingsAnnual report (10-K) May 23, 2023
    Quarterly report (10-Q) Oct 27, 2023
    Proxy statement (DEF 14A) Jun 30, 2023
    Latest 8-K (8-K) Nov 8, 2023

Sources

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