Welcome to our dedicated page for Hashicorp news (Ticker: HCP), a resource for investors and traders seeking the latest updates and insights on Hashicorp stock.
Hashicorp, Inc. (HCP) drives innovation in multi-cloud infrastructure management through its suite of DevOps automation tools. This news hub provides investors and IT leaders with essential updates on the company’s strategic initiatives, financial performance, and technological advancements.
Access real-time announcements covering earnings disclosures, product launches, and partnership developments with major cloud providers. Our curated collection helps stakeholders monitor HCP’s progress in enabling secure, automated workflows across hybrid environments.
Key updates include infrastructure-as-code innovations, security compliance enhancements, and ecosystem expansions through AWS, Azure, and GCP integrations. Track how Hashicorp’s Terraform and Vault platforms evolve to meet enterprise cloud management demands.
Bookmark this page for streamlined access to material developments affecting HCP’s market position. Combine these updates with financial filings and industry analysis for comprehensive investment research.
HashiCorp (NASDAQ: HCP) has announced a strategic collaboration agreement with Amazon Web Services (AWS) to enhance infrastructure and security lifecycle management for customers. This five-year agreement builds on their longstanding partnership, focusing on co-innovation and go-to-market initiatives. HashiCorp, recognized as AWS' Security Partner of the Year in 2022 and Global Collaboration Partner in 2023, aims to provide a unified solution for building on AWS through its Terraform tool. The collaboration will develop new customer solutions, comprehensive Terraform policies, and accelerated customer initiatives. The agreement underscores a commitment to innovation and customer success, aiming to mitigate implementation risks and provide a framework for security and compliance.
HashiCorp (NASDAQ: HCP) has announced the expansion of its Cloud Platform (HCP) to Europe, starting with HCP Terraform. This move aims to unify HashiCorp’s products onto a single platform while enhancing its Infrastructure and Security Lifecycle Management solutions.
Key highlights include new functionalities for HCP Vagrant, HCP Vault Radar, and enhancements in HCP Terraform and HCP Packer, among others. Customer success stories from Lloyds Bank and Lufthansa Systems were also showcased at HashiDays events.
Survey data indicates that only 8% of enterprises have high operational maturity in the cloud, and 60% face a shortage of skilled staff. HashiCorp aims to address these issues by providing tools for centralized platform teams and promoting cloud maturity.
The European expansion will be hosted across datacenters in Ireland and Germany, with benefits such as local data residency, improved service performance, and reduced operational costs.
HashiCorp announced its Q1 2025 financial results, reporting a 16% YoY revenue increase to $160.6 million.
The GAAP gross profit was $130.3 million with an 81% margin. Non-GAAP gross profit stood at $136.6 million with an 85% margin. The GAAP operating loss was $67.7 million, while Non-GAAP operating loss was $4.8 million.
GAAP net loss was $51.1 million, improved from $53.3 million YoY. Non-GAAP net income was $11.2 million. The company noted a Net Dollar Retention Rate of 113%, down from 127% YoY.
The total GAAP RPO was $748.5 million, up 18% YoY. In April 2024, HashiCorp and IBM agreed on a merger deal at $35 per share, valuing HashiCorp at $6.4 billion.
HashiCorp (NASDAQ: HCP), a leading Infrastructure Cloud company, has announced it will release its Q1 FY 2025 financial results on May 30, 2024, after market close. The quarter ended on April 30, 2024. Notably, due to an ongoing transaction with IBM, HashiCorp will not conduct an earnings call or provide future financial guidance.