Jamf (JAMF) The 44th Annual William Blair Growth Stock Conference summary

Company overview and market position

• Recognized as the leader in modern management and security for the Apple ecosystem, serving clients from SMBs to 8 of the top 10 Fortune 100 companies.

• Achieved over $600 million in ARR, with a 30% CAGR since IPO and 98% recurring revenue.

• Maintains a 107% net retention rate and nearly 90% gross retention, reflecting strong customer satisfaction.

• Competitive advantages include deep Apple focus, strong partner integrations, and a highly active user community (Jamf Nation).

• Company culture is a key asset, with 94% voluntary retention and high employee engagement.

Product strategy and differentiation

• Offers integrated management and security for Apple devices, uniquely combining these at scale.

• Trusted Access outcome blends device management, endpoint security, network, and identity authentication.

• Serves a broad customer base, including all top U.S. banks, 80% of the largest U.S. school districts, and major global universities.

Market opportunity and growth drivers

• Addresses a $1.4B commercial market (11% share) and a $20B+ total addressable market (2% share), with significant room for expansion.

• Commercial segment CAGR is 13%, education segment 9%; total market expected to reach $27B by 2026.

• Security ARR grew from $5-7M at IPO to $138M, up 31% YoY, now 21% of total ARR.

• Four growth pillars: Mac leadership, security expansion, mobile (iOS) growth, and international expansion.