SolarWinds Corporation (SWI) — Financial statements
Income statement, balance sheet, and cash flow for SolarWinds Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 797↑5.0% | 759↑5.5% | 719↑0.1% | 719↓29.5% | 1,019 | |
| Cost of Revenue | 83↓38.4% | 135↑40.9% | 96↓57.7% | 227↓17.3% | 275 | |
| Gross Profit | 714↑14.4% | 624↑0.0% | 623↑26.8% | 492↓34.0% | 745 | |
| Operating Expenses | ||||||
| R&D Expenses | 109↑8.4% | 100↑8.5% | 92↓9.3% | 102↓19.3% | 126 | |
| General & Administrative Expenses | 126↑1.7% | 124↓17.2% | 149↑14.1% | 131↓4.8% | 138 | |
| Selling & Marketing Expenses | 225↓9.8% | 249↓3.3% | 258↑9.0% | 236↓20.8% | 298 | |
| SG&A Expenses | 351↓6.0% | 373↓8.4% | 407↑10.8% | 367↓15.7% | 436 | |
| Other Expenses | 46 | 0.00↓100.0% | 52↓5.4% | 55↓26.2% | 75 | |
| Operating Expenses | 505↑6.8% | 473↓14.3% | 552↑5.2% | 524↓17.7% | 637 | |
| Total Costs & Expenses | 588↓3.3% | 608↓6.1% | 648↓13.8% | 752↓17.6% | 912 | |
| Operating Results | ||||||
| Operating Income | 208↑38.6% | 150↑126.3% | 66↑305.0% | -32↓130.2% | 107 | |
| Depreciation & Amortization | 0.82↓99.0% | 82↓13.5% | 95↓58.7% | 230↑3.9% | 221 | |
| EBITDA | 208↓10.2% | 232↑131.8% | -730↓469.0% | 198↓27.6% | 273 | |
| EBIT | 208↑38.4% | 150↑118.2% | -825↓2443.9% | -32↓162.6% | 52 | |
| Interest & Other Income | ||||||
| Net Interest Income | -104↑10.4% | -116↓38.9% | -83↓29.2% | -65↑15.0% | -76 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 104↓10.4% | 116↑38.9% | 83↑29.2% | 65↓15.0% | 76 | |
| Non-Operating Income | 0.82↑111.7% | 0.39↓92.4% | 5↑1217.6% | -0.45↓196.8% | 0.47 | |
| Other Income / Expenses | -105↑10.0% | -116↓31.4% | -88↓38.1% | -64↑16.1% | -76 | |
| Income Before Tax | 104↑204.1% | 34↑103.8% | -908↓836.7% | -97↓419.7% | 30 | |
| Income Tax Expense | -8↓118.7% | 43↑102.2% | 21↑165.9% | -32↑74.7% | -128 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 112↑1328.5% | -9↑99.0% | -929↓1341.6% | -64↓155.5% | 116 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 13↓69.2% | 42 | |
| Net Income | 112↑1328.5% | -9↑99.0% | -929↓1341.6% | -64↓140.7% | 158 | |
| Bottom-Line Net Income | 112↑1328.5% | -9↑99.0% | -929↓1702.3% | -52↓132.5% | 158 | |
| EPS (Basic) | 0.66↑1293.5% | -0.06↑99.0% | -5.78↓1309.8% | -0.41↓140.2% | 1.02 | |
| EPS (Diluted) | 0.64↑1257.3% | -0.06↑99.0% | -5.78↓1309.8% | -0.41↓141.0% | 1.00 | |
| Weighted Average Shares | 169↑2.8% | 165↑2.4% | 161↑1.8% | 158↑1.5% | 156 | |
| Weighted Average Diluted Shares | 175↑6.0% | 165↑2.4% | 161↑1.8% | 158↓0.4% | 159 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.