How much of New Relic’s revenue comes from haram?

New Relic offers a suite of products delivered on an open and extensible cloud-based platform that enables organizations to collect, store, and analyze data in real-time to better operate their applications and infrastructure and improve their digital customer experience.

Practical Islamic Finance concludes:

None of New Relic’s revenue comes from anything inherently haram.

Does New Relic rely on interest to operate?

Most Recent Quarter
Fiscal year
Fiscal year
Interest Expense $1,239 $4,921 $24,901
Total Operating Expenses $261,568 $1,001,472 $837,909
Interest Expense /
Total Operating Expenses
0.47% 0.49% 2.97%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but not relied upon in New Relic, Inc. operations.

What is New Relic’s Environmental, Social, and Governance (ESG) impact?


No notable environmental highlights.


New Relic has a high Glassdoor rating of 4.1 out of 5.0 from over 700 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.


No notable governance highlights. 

Practical Islamic Finance concludes:

New Relic has a net positive ESG impact.

Comfort Rating

From New Relic’s business, financial, and ESG reviews, Practical Islamic Finance rates New Relic stock as:

Comfortable to invest in from a Halal perspective.


New Relic 2021 10-K

New Relic Q2 2021 10-Q

New Relic Reviews