Slack Reports 67 Percent Increase in Total Revenue for Q1 FY2020
Company ends quarter with more than 95,000 paying customers.
Slack’s fiscal year 2020 is off to a good start. For its first fiscal quarter of 2020 for the period ended April 30, 2019, global collaboration hub Slack reported total revenue of $134.8 million, a 67% increase year-over-year. The company ended the quarter with more than 95,000 paying subscribers, including 645 who generate more than $100,000 in annual recurring revenue, an 84% increase year-over-year. Launched publicly in 2014, the Slack collaboration tool has more than 10 million daily active users, in over 600,000 organizations in over 150 countries. Slack’s net dollar retention rate was 138%.
Subscription Insider now embargoes NEWS and FEATURE articles 14 days after they are published.
All registered site users can enjoy access to our full archive of news and feature content by logging in.
Remember — Subscription Insider membership includes access to all embargoed content.
Subscription Insider has upgraded to a new technology platform and our login process has changed:
FOR FREE EMBARGOED ACCESS:
- Newsletter Subscribers (Free): Please log in using the email you used to signup for our Newsletter. The first time you log in, you will need to reset your password.
- Registered Site Users: Please use the email and password you used when you registered for free site access for Subscription Insider.