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Company No. 05145504 · Incorporated 4 Jun 2004

Barracuda Networks Limited

Registered name: BARRACUDA NETWORKS LIMITED

Barracuda Networks Limited made £28.3m revenue and £722k profit in the year to 28 Feb 2026.

Barracuda Networks Limited’s revenue fell 8% to £28.3m in the year to 28 Feb 2026, with £722k profit and 198 employees. The company is classified under “other information technology service activities” and is based in Reading; we hold 5 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Reading, South East
Age
22 yrs · since 2004
Type
Private Limited Company
Latest accounts · year to 28 Feb 2026

Key figures

IndependentCapital-lightCash flow filed
Revenue
£28.3m
Growth ▼7.8%
Profit
£722k
Growth ▲44.9%
Profit margin
2.5%
Gross 100%
Employees
198
Change ▲0.5%
Profit / employee
£3.6k
Revenue/employee £143k
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202228 Feb 202329 Feb 202428 Feb 202528 Feb 2026
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£20.6m£28.5m£30.4m£30.7m£28.3m
Gross profit———£30.7m£28.3m
Operating profit£738k£1.2m£1.4m£1.5m£1.3m
Profit before tax£738k£1.2m£1.4m£1.5m£1.3m
Profit after tax£507k£1.2m£1m£498k£722k
Profit (best available)£507k£1.2m£1m£498k£722k
Staff costs£14.7m£20.3m£22.1m£22.1m£20.7m
Employees (average)153189202197198
Ratios
Profit margin2.5%4.2%3.3%1.6%2.5%
Gross margin———100%100%
Revenue per employee£135k£151k£151k£156k£143k
Profit per employee£3.3k£6.2k£5k£2.5k£3.6k
Cash conversion194.4%149.1%−257.2%4.8%288.1%
Growth (year on year)
Revenue growth—▲38.2%▲6.8%▲0.9%▼7.8%
Profit growth—▲132.9%▼15.3%▼50.2%▲44.9%
Headcount growth—▲23.5%▲6.9%▼2.5%▲0.5%
Balance sheet — indirect signals, not revenue
Cash at bank£2.4m£4m£359k£303k£3.9m
Net assets£1.9m£3.1m£4.1m£4.7m£5.4m
Fixed assets£1.2m£874k£770k£687k£541k
Current assets£4.2m£6.1m£7.7m£10.7m£11.2m
Debtors£1.8m£2.1m£7.3m£10.4m£7.3m
Deferred income£1.9m£1.6m£2.8m£2.3m£1.7m
Cash from operations£1.4m£1.8m−£3.6m£69.6k£3.7m
SourceAccounts · bulk data Mar 2024Accounts · bulk data Mar 2024Accounts · bulk data Jun 2024FullAccounts · bulk data Dec 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
2.5%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£143k
Revenue ÷ average employees.
Profit per employee
£3.6k
Profit ÷ average employees.
Cash conversion
288.1%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
25.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲15%
Now £5.4m
Cash at bank
▲1201%
Now £3.9m
Headcount
▲1%
Now 198
Deferred income
▼27%
Now £1.7m
Fixed assets
▼21%
Now £541k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £722k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.