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BUSINESS 2.0

100 Fastest-Growing Tech Companies 

Our rankings show another banner year for the leaders of the tech revival.

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Red Hat
Rank: 36 (Previous rank: 2)
Get quote: RHT
Employees: 1,753
Headquarters: Raleigh, NC
Sector(s): Software
Why it's hot:
Red Hat fended off invasions of the Linux market by Microsoft and Oracle, adding 42,000 new customers, including Priceline.com and the FAA.
Revenue 400.6 44.7 24
Earnings 59.9 1 30
Operating cash flow 201.6 1.3 11
Stock return (2006) -16
Headcount change (2006) 56.8
From the June 2007 issue
Latest Headlines for RHT
B2 100 Headquarters
B2 100 Companies 2007
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How we rank them
To find the B2 100, we screened more than 2,000 tech companies that have been publicly traded on a U.S. stock exchange for at least three years, have a market capitalization of at least $50 million, and have had positive operating cash flow over the past 12 months. Zacks Investment Research of Chicago ranked the resulting list using four financial criteria: growth in revenue, profit, and operating cash flow during the past three years, and the 12-month stock return as of Dec. 31, 2006. Cash flow growth counts for 40 percent of a company's ranking. Each of the other criteria counts for 20 percent. Additional research was provided by Factset. If you have further questions about Business 2.0's 100 Fastest growing technology companies, please e-mail talkback@business2.com.