SolarWinds Corp
SWIDelisted Apr 16, 2025- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001739942
SolarWinds Corp was delisted on Apr 16, 2025; its insiders filed their last Form 4 on Apr 17, 2025; 197 institutions reported holding it in 13F filings for Q1 2025, worth $3.07B in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:08 PM ET
Revenue flow, FY2024
Where the revenue went in FY2024, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2025 | Feb 8, 2024 | Feb 9, 2023 | Feb 17, 2022 | Feb 25, 2021 |
| Revenue | $796.9M | $758.7M | $719.4M | $718.6M | $1.02B |
| Cost of revenue | $83.3M | $87.0M | $96.0M | $227.0M | $274.6M |
| Gross profit | $713.6M | $671.7M | $623.4M | $491.6M | $744.6M |
| Operating expenses | $505.2M | $521.4M | $1.44B | $524.5M | $637.2M |
| Research and development | $108.6M | $100.2M | $92.3M | $101.8M | $126.2M |
| Selling, general and administrative | $125.8M | $123.7M | $149.5M | $131.0M | $137.5M |
| Operating income | $208.4M | $150.4M | -$819.6M | -$32.9M | $107.4M |
| Income tax | -$8.10M | $43.2M | $21.4M | -$32.5M | -$128.2M |
| Net income | $111.9M | -$9.11M | -$929.4M | -$51.4M | $158.5M |
| EPS, basic | $0.66 | $-0.06 | $-5.78 | $-0.33 | $0.51 |
| EPS, diluted | $0.64 | $-0.06 | $-5.78 | $-0.33 | $0.50 |
| Weighted shares, basic | 169.3M | 164.6M | 160.8M | 158.0M | 310.6M |
| Weighted shares, diluted | 174.5M | 164.6M | 160.8M | 158.0M | 315.6M |
| Margins and growth | |||||
| Gross margin | 89.5% | 88.5% | 86.7% | 68.4% | 73.1% |
| Operating margin | 26.2% | 19.8% | -113.9% | -4.6% | 10.5% |
| Net margin | 14.0% | -1.2% | -129.2% | -7.2% | 15.5% |
| Revenue growth, year over year | +5.0% | +5.5% | +0.1% | −29.5% | +9.3% |
| Net income growth, year over year | – | – | – | −132.4% | +750.1% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2025 | Feb 8, 2024 | Feb 9, 2023 | Feb 17, 2022 | Feb 25, 2021 |
| Cash and equivalents | $251.8M | $284.7M | $121.7M | $732.1M | $370.5M |
| Short-term investments | $7.47M | – | – | – | – |
| Accounts receivable | $113.4M | $103.5M | $100.2M | $95.1M | $114.3M |
| Total current assets | $403.5M | $421.3M | $307.4M | $858.8M | $512.7M |
| Property, plant and equipment | $16.0M | $19.7M | $26.6M | $29.7M | $58.6M |
| Goodwill | $2.36B | $2.40B | $2.38B | $3.31B | $4.25B |
| Intangible assets | $128.9M | $183.7M | $244.0M | $342.6M | $593.0M |
| Total assets | $3.17B | $3.25B | $3.20B | $4.79B | $5.71B |
| Accounts payable | $7.45M | $9.70M | $14.0M | $7.33M | $17.9M |
| Short-term debt | $12.4M | $12.4M | $9.34M | $19.9M | $19.9M |
| Total current liabilities | $475.3M | $468.8M | $456.6M | $413.9M | $491.2M |
| Long-term debt | $1.19B | $1.19B | $1.19B | $1.87B | $1.88B |
| Total liabilities | $1.77B | $1.81B | $1.83B | $2.50B | $2.70B |
| Shareholders' equity | $1.40B | $1.44B | $1.37B | $2.29B | $3.01B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2025 | Feb 8, 2024 | Feb 9, 2023 | Feb 17, 2022 | Feb 25, 2021 |
| Operating cash flow | $188.3M | – | – | – | $389.1M |
| Capital expenditures | $5.61M | $4.35M | $7.46M | $9.25M | $28.8M |
| Free cash flow | $182.7M | – | – | – | $360.3M |
| Depreciation and amortization | $74.4M | $82.2M | $95.0M | $230.1M | $277.9M |
| Stock-based compensation | $76.5M | $75.7M | $67.0M | $58.8M | $74.2M |
| Dividends paid | $168.2M | $0 | $0 | $237.2M | – |
| Investing cash flow | -$23.1M | – | – | – | -$180.1M |
| Financing cash flow | -$197.0M | – | – | – | -$25.6M |
| Net change in cash | -$32.8M | $163.0M | -$610.4M | $361.6M | $197.1M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 9.6% | 10.0% | 9.3% | 8.2% | 7.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Apr 11, 2025 | 173.3M | +3.0% | SEC |
| Feb 13, 2025 | 171.6M | +3.0% | SEC |
| Oct 28, 2024 | 170.6M | +2.8% | SEC |
| Jul 30, 2024 | 169.4M | +2.8% | SEC |
| Apr 30, 2024 | 168.2M | +2.7% | SEC |
| Feb 12, 2024 | 166.7M | +2.9% | SEC |
| Nov 3, 2023 | 165.8M | +2.6% | SEC |
| Aug 4, 2023 | 164.7M | +2.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.