Hillstone Networks Co., Ltd.
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Hillstone Networks Co., Ltd. - overview
Established
2007
Location
Suzhou, Jiangsu, China
Primary Industry
IT Security/Cybersecurity
About
Founded in 2007 and based in Suzhou, China, Hillstone Networks Co. , Ltd. operates as an IT security network company that focuses on providing network security solutions and related services. It was recognized as the National High-tech Enterprise.
The company has branch offices in Beijing, Suzhou, Guangzhou, and other cities. It cooperated with Longson Technology, Centec Networks, and other enterprises. In June 2018, Hillstone Networks Co. , Ltd.
closed a strategic investment. In September 2019, the company was listed on the Shanghai Stock Exchange. The company mainly provides network security solutions. Its business covers cloud computing security, border security, intranet security, data security, intelligent analysis and management, etc.
The product "Intelligent Firewall" is based on the independently developed security operating system StoneOS, and uses intelligent correlation analysis methods to achieve reputation-based security management and control. The company generates revenue by providing network security solutions.
Current Investors
NLVC, China Development Bank Capital, China Everbright
Primary Industry
IT Security/Cybersecurity
Sub Industries
Data Centers, IT Security/Cybersecurity
Website
www.hillstonenet.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Hillstone Networks Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 326,522,580.5 | 463,058,591.8 | 562,276,794.5 | 670,692,784.2 | 718,985,116.7 | 1,026,948,139.1 | 811,596,111 | - | - | - |
| % Revenue Growth (YoY) | - | 41.8% | 21.4% | 19.3% | 7.2% | 42.8% | (21.0%) | - | - | - |
| EBITDA (USD) | - | - | - | 113,025,562.6 | 71,923,766.3 | 93,891,151.5 | (180,563,311) | - | - | - |
| Operating Income (USD) | (26,329,297.2) | 61,537,401.6 | 79,011,972.1 | 96,036,437.4 | 48,248,440.5 | 59,726,492.8 | (223,898,106.5) | - | - | - |
| Operating Margin | (8.1%) | 13.3% | 14.1% | 14.3% | 6.7% | 5.8% | (27.6%) | - | - | - |
| % EBITDA Margin | - | - | - | 16.9% | 10.0% | 9.1% | (22.2%) | - | - | - |
| NET Income (USD) | 1,184,980.8 | 60,052,240.4 | 68,911,741.9 | 91,046,079.8 | 60,171,542.4 | 74,782,930.8 | (183,984,897.1) | - | - | - |
| % Net Margin | 0.4% | 13.0% | 12.3% | 13.6% | 8.4% | 7.3% | (22.7%) | - | - | - |

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