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.
- Status
- Active
- Location
- Reading, South East
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full 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) | 153 | 189 | 202 | 197 | 198 |
| Ratios | |||||
| Profit margin | 2.5% | 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 conversion | 194.4% | 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 |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Jul 2026 |
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.
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.